EURGBP Testing Resistance – Pullback Toward 0.8407 Expected
The EURGBP pair is approaching a key resistance zone, where sellers are likely to step in. The current structure suggests a potential rejection at this level, with the price expected to pull back toward the 0.8407 level, which represents a logical target for this setup.
This setup aligns with the idea of a short-term correction from resistance, offering a potential short opportunity if rejection is confirmed.
This setup aligns with the idea of a short-term correction from resistance, offering a potential short opportunity if rejection is confirmed.
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