EUR/GBP Intraday Short: Fading Resistance within Sideways Trend

Current Market Structure & Technical Setup

The EUR/GBP pair is currently trading at 0.8581, exhibiting a clear sideways trend over the past 24 hours with a negligible 0.01% change. Price action has been very contained, oscillating within a tight day range of 0.85795 to 0.85826. We are presently nudging against immediate resistance at 0.8583. My analysis on the intraday charts suggests this presents a potential opportunity to fade this short-term resistance.
My short entry is set just above the current market price at 0.85815, aiming to capitalize on a rejection from this level. This aligns with the overall range-bound nature of the pair, where price has struggled to decisively break above 0.8