Bullish bounce?EUR/GBP is falling towards the support level, which is an overlap support that is slightly below the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.8645
Why we like it:
There is an overlap support that is slightly below the 61.8% Fibonacci retracement.
Stop loss: 0.8612
Why we like it:
There is a pullback support.
Take profit: 0.8701
Why we like it:
There is a pullback resistance.
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