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EURGBP right on major support, prepare for a bounce!

Long
Euro / British Pound (FX:EURGBP)  
Tickmill Broker  
FX:EURGBP   Euro / British Pound
Trend Analysis Harmonic Patterns Chart Patterns EURGBP EUR GBP eurgbpshort eurgbplong eurgbptrend eurgbpsell eurgbpbullish eurgbp!
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trendanalysis harmonicpatterns chartpattern eurgbp eur gbp eurgbpshort eurgbplong eurgbptrend eurgbpsell eurgbpbullish eurgbp!
EURGBP is now testing major support at 0.8766 (Fibonacci retracement, horizontal swing low support, Fibonacci extension) and a bullish bounce could occur at this level pushing price up to at least 0.8914 resistance (Fibonacci retracement, horizontal swing high resistance).

Stochastic (21,5,3) is seeing major support above 4.3% where a corresponding bounce could occur.

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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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