Euro / Paun British
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"Watch This Level: EUR/GBP Bounce Incoming?"

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๐Ÿ“Š EUR/GBP Technical Analysis

๐Ÿ” 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.

๐Ÿ“ˆ 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.

๐Ÿ“‰ Bearish Scenario
- Failure to hold the demand zone could see price retesting the support area at 0.85289, invalidating the bullish setup.

๐Ÿ’ก 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 โ€“ 0.87268 zone.

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Dagangan aktif
From support area 0.85300
Nota
Trade running 100 pips+ from support area

Penafian

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