EUR/GBP Approaching Support, Prepare For A Bounce
EUR/GBP is approaching its support at 0.8922 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.8964 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is bounced off its support at 3.3% where a corresponding bounce could occur. EUR/GBP is approaching its support where we expect to see a bounce.
Buy above 0.8... Read More
Jeff Wecker