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FX.co ★ EUR/GBP approaching resistance, potential drop!

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Forex Analysis:::2019-06-07T02:20:18

EUR/GBP approaching resistance, potential drop!

EUR/GBP approaching resistance, potential drop!

Price is approaching our first resistance where we might see a drop below this level.

Entry : 0.8900

Why it's good : Horizontal swing high resistance, 100% Fibonacci extension

Stop Loss : 0.8930

Why it's good : horizontal pullback resistance

Take Profit : 0.8805

Why it's good : 23.6% Fibonacci retracement, Horizontal swing low support

EUR/GBP approaching resistance, potential drop!

Analyst InstaForex
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