EURGBP nearing resistance – Drop toward 0.8370 next?

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EURGBP is getting close to a key resistance level that has previously acted as a strong barrier, triggering bearish momentum in the past -
EURGBP - Approaching Key Resistance: Is 0.8370 the next target?

This zone is once again a potential point of interest for those looking for short opportunities. Given this, how price reacts here could set the tone for the next move.

If signs of rejection appear: such as long upper wicks, bearish candlestick formations, or a slowdown in bullish momentum, a move toward the 0.83700 is highly possible. However, a decisive breakout above this resistance may invalidate the bearish bias and lead to further upside. Price action at this level will be critical in determining the next move.

Just my perspective on key levels, always confirm setups and maintain solid risk management.

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