Eur/Gbp - Ascending Triangle Near Key Resistance EUR/GBPOANDA:EURGBPHamza_GoldPrice is currently consolidating just below a key resistance zone (~0.8695–0.8700), forming a clear ascending triangle pattern. Multiple CHoCHs (Change of Character) and BOS (Break of Structure) indicate recent bullish momentum. Strong support is established at the 0.8665–0.8670 level, with higher lows pushing price upward. Scenarios to Watch: Bullish Breakout: If price breaks and closes above the resistance and the Strong High, this could confirm bullish continuation. Target: ~0.87200 zone (measured move and psychological round number). Bearish Rejection: A failure to break resistance with a strong bearish reaction could signal distribution and reversal. Watch for a break of the ascending trendline and a CHoCH below support. Target: Revisit of the 0.8665–0.8670 support zone or lower liquidity levels. Trade Ideas: Breakout buyers can look for confirmation above resistance with volume or retest entry. Reversal traders should monitor for signs of rejection and trendline break. Bias: Neutral–Bullish (Awaiting breakout confirmation