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EURGBP Approaching Resistance, Potential Reversal

EURGBP is approaching its resistance at 0.8859 (100% Fibonacci extension x2, 38.2% & 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse to its support at 0.8761 (76.4% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance at 92% where a corresponding reversal could occur.

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