EUR/GBP: Setting Up a Swing Short as Resistance Holds Strong

The Technical Setup: Waiting for the Right Entry

Alright team, let's talk EUR/GBP. The pair has been trading in a sideways range, currently sitting around 0.85596, down -0.24% over the last 24 hours. While the overall trend is sideways, I’m seeing clear signs of weakness at key resistance levels that make a swing short compelling. My entry is set at 0.85694. Why this level? I'm looking for a retest of the upper end of the daily range (0.85902) or a move just below the 0.859 resistance, before we see a rejection. Price has consistently struggled to break decisively above the 0.859 mark, and the latest rejection from just below 0.85