**EURGBP — VMS TRIGGER WATCH | Bearish Setup Developing**EUR/GBPOANDA:EURGBPdarlwright8.20.2026 We're adding EURGBP to our **VMS Trigger Watch**. The larger structure remains bearish, although price is currently consolidating. What caught our attention is where that consolidation is happening. Price is showing rejection around an area that has already been **tested twice previously**, and we're also sitting near the **50 EMA**, adding another layer of potential resistance. Momentum is interesting as well. It appears to be developing its own bearish trend, but we don't have the completed trigger yet. What we're waiting for: • Continued rejection from this resistance area • Price to respect the 50 EMA • A convincing bearish rejection/trigger candle • Momentum to complete a **confirmed bearish hook** We're not predicting the breakout from consolidation. We're letting price tell us. **EURGBP — VMS TRIGGER WATCH 👀** Structure first. Confirmation second. Execution last. Preparation • Execution • Consistency. #EURGBP #ForexTrading #VMS #VMS2 #ForexAcademy #MarketStructure #TechnicalAnalysis