📊 EUR/GBP Technical Analysis
🔍 Market Structure & Key Zones
- Price Action is currently trading near 0.85970, approaching a strong demand zone around 0.85941.
- The market recently respected the RBS level (Resistance Becomes Support), indicating potential bullish continuation.
- Support Area at 0.85289 remains a critical zone for deeper pullbacks.
📈 Bullish Outlook
- A bullish reaction from the demand zone could drive price toward the target area at 0.86616.
- If momentum sustains, buyers may push toward the resistance area near 0.87268.
📉 Bearish Scenario
- Failure to hold the demand zone could see price retesting the support area at 0.85289, invalidating the bullish setup.
💡 Summary
EUR/GBP is testing a key demand zone with bullish structure intact. A bounce here may offer a solid long opportunity targeting the 0.86616 – 0.87268 zone.
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🔍 Market Structure & Key Zones
- Price Action is currently trading near 0.85970, approaching a strong demand zone around 0.85941.
- The market recently respected the RBS level (Resistance Becomes Support), indicating potential bullish continuation.
- Support Area at 0.85289 remains a critical zone for deeper pullbacks.
📈 Bullish Outlook
- A bullish reaction from the demand zone could drive price toward the target area at 0.86616.
- If momentum sustains, buyers may push toward the resistance area near 0.87268.
📉 Bearish Scenario
- Failure to hold the demand zone could see price retesting the support area at 0.85289, invalidating the bullish setup.
💡 Summary
EUR/GBP is testing a key demand zone with bullish structure intact. A bounce here may offer a solid long opportunity targeting the 0.86616 – 0.87268 zone.
If you enjoy, press the like button.
Trade active
From support area 0.85300Note
Trade running 100 pips+ from support area 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.