The EUR/GBP pair is testing its support at 0.8763 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where the price is expected to bounce up to its resistance at 0.8866 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is nearing its support at 1.7% where a corresponding bounce is anticipated.
EUR/GBP is testing its support where we expect to see a bounce.
Buy above 0.8763. Stop loss at 0.8650. Take profit at 0.8866.
