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Topside Hesitation A Concern....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Topside Hesitation A Concern
*RES 4: Gbp0.9412 Monthly high Oct 2009
*RES 3: Gbp0.9365 2016 High Oct 6
*RES 2: Gbp0.9286 Daily Bull channel top
*RES 1: Gbp0.9270 2017 High Aug 25
*PRICE: Gbp0.9248 @ 0430GMT
*SUP 1: Gbp0.9230 Low Aug 28 
*SUP 2: Gbp0.9215 Hourly resistance Aug 25 now support 
*SUP 3: Gbp0.9189 Hourly support Aug 23a 
*SUP 4: Gbp0.9178 High Aug 23 now support
*COMMENTARY: Bulls remain focused on the bull channel top and then
Gbp0.9365-0.9412 above. Current hesitation ahead of recent 2017 highs is a
concern for bulls when combined with O/B studies looking to correct. Bears now
need a close below Gbp0.9215 to shift focus back to the key Gbp0.9149-78 support
region. Below Gbp0.9149 remains needed to shift focus back to Gbp0.9089-0.9112
where the 21-DMA (Gbp0.9112) is located.

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