EURGBP Testing Resistance, Potential For A Reversal!
EURGBP is testing its resistance at 0.8963 (100% Fibonacci extension, 78.6% & 50% Fibonacci retracement, horizontal swing high resistance) where a reversal could occur, causing price to fall to its support at 0.8881 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
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