EURGBP approaching support, potential bounce!

EURGBP is approaching our first support at 0.8404 (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 0.8625 (Horizontal pullback resistance, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching our support where we might see a bounce in price.
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Chart PatternsEUReurgbolongEURGBPeurgbpshortHarmonic PatternsTrend Analysis

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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