EUR/GBP: Resistance Holds Firm, Intraday Short Opportunity Brewing
EUR/GBPShortIntraday6h ago0 views
Trade Setup
Entry Price
0.85905
Stop Loss
0.86076
Take Profit
0.85563
Risk : Reward
1 : 2.00
RiskReward
Good morning, KoraFX community. Chukwuemeka Ibrahim here with an intraday perspective on EUR/GBP, a pair I follow closely. The market is currently trading around 0.85871, showing a slight 0.08% gain in the last 24 hours, but the overall trend remains stubbornly sideways. The daily range has been confined between 0.85764 and 0.85978, indicating a battle for direction.
Technical Confluence & Entry Rationale
My analysis of the charts
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