Supports Remain Intact *RES.....>

EURO-STERLING TECHS: Supports Remain Intact

*RES 4: 0.9187 61.8% Fibonacci retracement of the Mar - Apr decline

*RES 3: 0.9086 50.0% Fibonacci retracement of the Mar - Apr decline

*RES 2: 0.9057 Double bottom projection

*RES 1: 0.9024/55 High Jun 1 / High May 29

*PRICE: 0.8925 @ 16:54 BST Jun 3

*SUP 1: 0.8867 Low Jun 2

*SUP 2: 0.8861 1.0% Lower 10-dma envelope

*SUP 3: 0.8839 50-day EMA

*SUP 4: 0.8826 Low May 14 and key near-term support

EURGBP found resistance at 0.9055 last week, May 29 high and this has led to a

strong sell-off. Support at 0.8881 was probed yesterday however the cross

recovered off the day low. The next key level to watch lies at 0.8839, the

50-day EMA. For now, a bullish focus remains in place with attention on 0.9086

next, a Fibonacci retracement. On the downside, a break through the 0.8867/37

zone however would instead likely trigger a stronger bearish signal.