EUR/GBP Intraday: Short Opportunity as Key Resistance Holds Firm

Market Context and Technical Setup

Good morning, KoraFX community. My focus is on EUR/GBP today, a pair I follow closely. Currently, the Euro is trading at 0.85866 against the Pound, showing a modest 0.08% (0.00066) change over the last 24 hours. The broader trend, as I've been observing for some time, remains largely sideways. We've seen the pair confined within a day range of 0.85767 to 0.85965, indicating a clear lack of strong directional conviction from institutional order flow.
What stands out right now is that the price is testing a significant resistance zone. The 0.8597 level