EURGBP approaching support, potential bounce!

EURGBP is approaching our first support at 0.8724 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.8855 (horizontal pullback resistance, 100% Fibonacci extension, 38.2%, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level.
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Chart PatternsEUREURGBPeurgbplongeurgbpshortForexforexsignalsforextradingGBPHarmonic PatternsTrend Analysis

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