ICmarkets

EURGBP bounced off its support, potential to rise further!

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FX:EURGBP   Euro/Brittiska pund
EURGBP bounced off its support at 0.8764 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where we expect prices to rise further to its resistance at 0.8831 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (34, 5, 3) made a corresponding bounce off its support at 9.6% where it could rise further.
Trade stängt: målet nått:
profit target reached!

IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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