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FX.co ★ EUR/GBP reversed off resistance, big drop upcoming!

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Forex Analysis:::2019-06-03T02:39:03

EUR/GBP reversed off resistance, big drop upcoming!

EUR/GBP reversed off resistance, big drop upcoming!

Price reversed off our first resistance level where we might see a further drop

Entry : 0.8856

Why it's good : Horizontal swing high resistance, 61.8% Fibonacci retracement

Stop Loss : 0.8907

Why it's good : 100% Fibonacci extension

Take Profit : 0.8773

Why it's good : 23.6% Fibonacci retracement, horizontal overlap support

EUR/GBP reversed off resistance, big drop upcoming!

Analyst InstaForex
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