EUR/GBP: Sideways Grind at Key Resistance, Setting Up for a Short Intraday Play

EUR/GBPShortIntraday1w ago25 views

Trade Setup

Entry Price

0.85695

Stop Loss

0.86179

Take Profit

0.84727

Risk : Reward

1 : 2.00

RiskReward

Market Overview & Technical Setup


Alright team, let's zoom in on EUR/GBP. The pair has been stuck in a sideways trend, currently trading around 0.85598, with a 24-hour change showing a slight dip of -0.24% (-0.00202). The daily range has been confined between 0.85296 and 0.85901, indicating a clear struggle for direction. However, I'm observing a consistent rejection around the

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