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FX.co ★ EUR/GBP approaching resistance, potential reversal!

EUR/GBP approaching resistance, potential reversal!

EUR/GBP approaching resistance, potential reversal!

Price is approaching resistance where we might see a corresponding drop in price to our first support level.

Entry : 0.8587

Why it's good : horizontal overlap resistance, 78.6% Fibonacci retracement

Stop Loss : 0.8679

Why it's good : horizontal swing high resistance

Take Profit : 0.8587

EUR/GBP approaching resistance, potential reversal!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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