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Euro / British Pound
Short

EURGBP Reversed Nicely Off Resistance, Potential For A Drop!

638
EURGBP reversed off its resistance at 0.8778 (100% Fibonacci extension, 50% Fibonacci retracement x2, horizontal overlap resistance) price could drop to its support at 0.8723 (horizontal swing low support).
Stochastic (55, 5, 3) reversed nicely off its resistance at 97%.
ICmarkets
Broker
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.
Also on:
Chart PatternsEUREURGBPeurgbpshortForexforexsignalsGBPHarmonic PatternsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsEUREURGBPeurgbpshortForexforexsignalsGBPHarmonic PatternsTrend Analysis
ICmarkets
Broker
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.
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.