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Euro / Livre Sterling
Short

EURGBP Approaching Resistance, Potential Reversal

Par ICmarkets
Courtier
EURGBP is approaching its resistance at 0.8993(61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where there is a potential to reverse down to its support at 0.8926 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a there might be a potential corresponding reversal.
Chart PatternsEUREURGBPeurgbplongeurgbpshortForexforexsignalforextradingGBPHarmonic PatternsTrend Analysis
ICmarkets
Courtier
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.
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