Uptrend remains intact: *RES 4:.......>

EURO-STERLING: Uptrend remains intact:

*RES 4: 0.9108 High Jan 3 and major resistance

*RES 3: 0.9062 High Jan 11

*RES 2: 0.9000 Psychological round number

*RES 1: 0.8990/92 High Jul 3 / High Jun 28

*PRICE: 0.8964 @ 04:21 GMT Jul 9

*SUP 1: 0.8934/21 21-dma / Low Jul 2 and key near-term support

*SUP 2: 0.8873 Low Jun 20

*SUP 3: 0.8851 Low Jun 7

*SUP 4: 0.8837/30 100-wma / Low Jun 6

EURGBP uptrend remains intact with the focus still on the psychological 0.9000

barrier, a level that has so far proved hard to overcome. The underlying bullish

conditions remain intact with a break above the trend high of 0.8992 needed to

expose 0.9000. A move above 0.8992 and 0.9000 together would confirm a

resumption of the uptrend and target the Jan 11 high of 0.9062. The Jul 2 low

represents important short-term support at 0.8921.