EURGBP approaching resistance, potential drop!
EURGBP is approaching our resistance at 0.8740 (Horizontal overlap resistance, 23.6% Fibonacci retracement ) where price might potentially drop below this level to our major support at 0.8718 (horizontal swing low support, 61.8% Fibonacci extension).
RSI (55) is also seeing a bearish exit, in line with our bearish bias.
RSI (55) is also seeing a bearish exit, in line with our bearish bias.
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