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Watching Support *RES 4:........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Watching Support
*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: 0.9055/57 High May 29 / Double bottom projection
*RES 1: 0.9007 High Jun 4
*PRICE: 0.8918 @ 19:56 BST Jun 10
*SUP 1: 0.8867 Low Jun 2
*SUP 2: 0.8855/51 50-day EMA / 1.0% Lower 10-dma envelope
*SUP 3: 0.8826 Low May 14 and key near-term support
*SUP 4: 0.8759 Low May 12
EURGBP is holding above support. The cross stalled at 0.9055 on May 29 high and
this led to a strong sell-off. An attempt to push high last week off 0.8867, Jun
2 low failed and following Friday's sell-off, the cross appears vulnerable.
Attention is on 0.8867, a key support with the 50-day EMA at 0.8855. A clear
break of 0.8867-55 would signal scope for a deeper pullback and expose 0.8826,
May 14 low and 0.8808, May 13 low. Resistance is at 0.9007.

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