Klimex

EURGBP Approaching Support, Potential Bounce

Long
FX:EURGBP   Euro / British Pound
EURGBP is approaching its support at 0.8934 (61.8% & 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.9057 (76.4% Fibonacci retracement, Horizontal swing high resistance).

Stochastic (89, 5, 3) is approaching support at 2.5% where a corresponding rise could occur.

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