EURGBP Reversed Off Resistance, Potential Drop!
EURGBP has reversed off its resistance area between 0.8936 and 0.8954 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where price could rise up to before reversing down to its support at 0.8867 (100% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) has reversed off its resistance at 95% where it has alot of downside potential.
Stochastic (89, 5, 3) has reversed off its resistance at 95% where it has alot of downside potential.
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