EURGBP reacted off our first resistance at 0.8782 (horizontal swing high resistance, 61.8% Fibonacci retracement) and price might potentially fall to our major support at 0.8713 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). RSI (34) is also approaching our resistance and a reaction off this level might be a good precursor for a further potential drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.