DeGRAM | EURGBP is preparing for a correction

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DeGRAM | EURGBP is preparing for a correctionEuro/British PoundFX:EURGBPDeGRAM📊 Technical Analysis ● EUR/GBP is facing rejection at the 0.8704 resistance line after a sharp rally, with multiple failed attempts highlighting strong selling pressure. ● The projected path shows a breakdown toward 0.8662 support, with further downside potential toward 0.8635 if bearish momentum strengthens. 💡 Fundamental Analysis ● Euro remains pressured by weaker eurozone growth outlook, while GBP is supported by sticky UK inflation keeping the BoE on a hawkish stance. ✨ Summary Bearish below 0.8704; targets 0.8662 → 0.8635. Invalidation on a close above 0.8705. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!