EUR/GBP Intraday Short: Targeting a Reversal from Sideways Range Highs

EUR/GBPShortIntraday5d ago1 views

Trade Setup

Entry Price

0.86093

Stop Loss

0.86568

Take Profit

0.85143

Risk : Reward

1 : 2.00

RiskReward

Technical Read & Entry Rationale


Good morning, KoraFX community. My focus today is on EUR/GBP, which has been in a clear sideways trend. Currently trading around 0.85998, the pair has seen a 24-hour change of +0.23% (0.00198), pushing towards the upper end of its recent range. The day range has been between 0.85701 and 0.86295.
From a technical perspective, I'

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