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EURGBP approaching support, potential bounce!

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Euro / Libra Esterlina (FX:EURGBP)  
easyMarkets Corretora  
FX:EURGBP   Euro / Libra Esterlina
Trend Analysis Harmonic Patterns Chart Patterns EURGBP EUR GBP eurgbplong eurgbpshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern eurgbp eur gbp eurgbplong eurgbpshort forex forextrading forexsignals
EURGBP is approaching our first support at 0.8861 (horizontal swing low support, long term ascending support line, 61.8%, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.8955 (horizontal overlap resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this level.
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