FX.co - EUR/GBP near resistance, a drop is possible!

2019-06-18T02:10:40

Relevance until2019-06-19

EURGBP is near resistance, a drop to 1st support is possible

Entry: 0.8982

Why it's good : 100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance

Stop Loss : 0.9063

Why it's good :horizontal swing high resistance

Take Profit : 0.8791

Why it's good: 61.8% Fibonacci extension, horizontal overlap support, 61.8% Fibonacci retracement

EUR/GBP near resistance, a drop is possible!

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

Analytical expert

Dean Leo

FX.co ★ EUR/GBP near resistance, a drop is possible!