$EURGBP rade Setup: EURGBP – Buy Opportunity Identified We have

rade Setup: EURGBP – Buy Opportunity Identified

We have spotted a favorable buying opportunity on the EURGBP currency pair, supported by technical patterns and recent market behavior.
EURGBP is showing signs of a bullish reversal after bouncing off a short-term support zone near the 0.86680–0.86700 range.

The entry at 0.86786 offers a strong technical position, just above the support, and aligned with the start of a potential upward swing.

The first target of 0.86850 is modest but strategically placed to lock in quick intraday profits while confirming the upward move.

The first target of 0.86850 is modest but strategically placed to lock in quick intraday profits while confirming the upward move.

The second target at 0.86980 sits at a prior resistance level, which has historically triggered pullbacks—an ideal mid-term objective.

The third and final target at 0.87100 aligns with a significant psychological resistance zone, offering a well-balanced reward.

Ali_Explorer

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Ali_Explorer

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