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EURGBP Reversed Nicely Off Resistance, Potential For A Drop!

Oleh ICmarkets
Broker
EURGBP reversed off its resistance at 0.8778 (100% Fibonacci extension, 50% Fibonacci retracement x2, horizontal overlap resistance) price could drop to its support at 0.8723 (horizontal swing low support).
Stochastic (55, 5, 3) reversed nicely off its resistance at 97%.
Chart PatternsEUREURGBPeurgbpshortForexforexsignalsGBPHarmonic 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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