EURGBP Bounced Off Support, Potential Further Rise
EURGBP bounced nicely off its support at 0.8669 (100% Fibonacci extension, 76.4% & 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.8734 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is bounced off its support at 1.5% where a corresponding rise could occur.
Stochastic (89, 5, 3) is bounced off its support at 1.5% where a corresponding rise could occur.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.