EURGBP bounced off its support, potential to rise further!

Panjang

Euro / Paun British (FX:EURGBP)

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FX:EURGBP Euro / Paun British

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EURGBP bounced off its support at 0.8764 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where we expect prices to rise further to its resistance at 0.8831 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (34, 5, 3) made a corresponding bounce off its support at 9.6% where it could rise further.

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profit target reached!

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