Euro / British Pound
Short

EURGBP Approaching Resistance, Potential Reversal!

3 006
EURGBP is approaching its resistance at 0.8668 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 0.8612 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.

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