EURGBP has reversed off its resistance at 0.8930 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 0.8763 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support). Stochastic (89, 5, 3) has reversed off its resistance at 96.8% where a corresponding drop 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.