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Volatile Trading Likely To......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Volatile Trading Likely To Continue
*RES 4: Gbp0.8909 High Feb 6 
*RES 3: Gbp0.8862 200-DMA 
*RES 2: Gbp0.8849 Hourly resistance Feb 7 
*RES 1: Gbp0.8821 Hourly resistance Feb 8
*PRICE: Gbp0.8812 @ 0930GMT
*SUP 1: Gbp0.8754 Hourly resistance Feb 8 now support 
*SUP 2: Gbp0.8730 Low Feb 8 
*SUP 3: Gbp0.8714 Low Feb 1 
*SUP 4: Gbp0.8685 2018 Low Jan 25
*COMMENTARY: Topside follow through was lacking earlier in the week and bears
take comfort in a lack of downside follow through Thursday. Bears continue to
look for a close below Gbp0.8685 to shift immediate focus to the 100-WMA
(Gbp0.8589). Bulls now look for a close above the 200-DMA to ease bearish
pressure and above Gbp0.8928 to end bearish hopes and initially target
Gbp0.9048.

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