EUR/GBP: Shorting the Rejection at Key Resistance - A Swing Setup

EUR/GBPShortSwing23h ago2 views

Trade Setup

Entry Price

0.85866

Stop Loss

0.85973

Take Profit

0.85652

Risk : Reward

1 : 2.00

RiskReward

Technicals Pointing Down from the Range Top


Greetings, fellow traders. Chukwuemeka Ibrahim here, bringing you my latest read on EUR/GBP. The pair has been stuck in a persistent sideways trend, currently trading around 0.85845, showing a minimal 24h change of just 0.05%. However, the day range from 0.85778 to 0.85912 has given us some critical levels to work with. What stands out to me is how price is interacting with the upper boundary of this range. We

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