EUR/GBP Testing Support, Prepare For A Bounce
EUR/GBP is approaching its support at 0.8891 (100% & 61.8%% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 0.8950 (38.2% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 4.4% where a corresponding bounce is expected. EUR/GBP is testing its support where we expect to see a bounce.
Buy above...
Jeff Wecker