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Euro / British Pound
Long

EURGBP Approaching Support, Potential For A Bounce!

By ICmarkets
Broker
EURGBP is approaching its support at 0.8921 (100% Fibonacci extension, 61.8% & 23.6% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.8983 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its support at 3% where a corresponding bounce could occur.
Chart PatternsEUREURGBPeurgbplongForexforexsignalsGBPHarmonic 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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