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EURGBP Testing Support, Potential Bounce

Oleh ICmarkets
Broker
EURGBP is testing its support at 0.8763 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where price could bounce up to its resistance at 0.8866 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is testing its support at 1.7% where a corresponding bounce may occur.
Chart PatternsEUREURGBPeurgbplongeurgbpshortForexforexsignalforextradingGBPHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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