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Euro / Livre Sterling
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EURGBP Approaching Resistance, Potential Reversal!

Par ICmarkets
Courtier

EURGBP is approaching its resistance at 0.8839 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where price could potentially react off, causing it to fall to its support at 0.8732 (50% & 76.4% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
Chart PatternsEUREURGBPeurgbpshortForexforexsignalsGBPHarmonic 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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