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EURGBP bounced off its support, potential to rise further!

Long
Euro / British Pound (FX:EURGBP)  
ICmarkets Broker Updated   
FX:EURGBP   Euro / British Pound
Trend Analysis Harmonic Patterns Chart Patterns EURGBP EUR GBP eurgbplong Forex forexsignals Bitcoin (Cryptocurrency) BTCUSD BTC
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trendanalysis harmonicpatterns chartpattern eurgbp eur gbp eurgbplong forex forexsignals bitcoin btcusd btc
EURGBP bounced off its support at 0.8764 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where we expect prices to rise further to its resistance at 0.8831 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (34, 5, 3) made a corresponding bounce off its support at 9.6% where it could rise further.
Trade closed: target reached:
profit target reached!
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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