EUR/GBP approaching resistance, potential drop!

EURGBP approaching resistance, potential drop!

Description :

Price is approaching our first resistance level.

Entry : 0.8852

Why it's good : Horizontal swing high resistance, 61.8% Fibonacci retracement

Stop Loss : 0.8907

Why it's good : 100% Fibonacci extension

Take Profit : 0.8773

Why it's good : 23.6% Fibonacci retracement, horizontal overlap support