Bearish EURGBP

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Bearish EURGBPEuro vs. Great British PoundFX:EURGBPatctradingsetups2020TS Score: +0.41 Composite: -1.39 COT Score: -1.22 Conviction: Medium bearish Technical view: Bearish bias is valid if price rejects the HTF OB / resistance area and fails to hold above it. A 4H rejection or bearish displacement from this zone would support continuation lower. Potential downside targets: T1: 0.8580–0.8550 T2: 0.8520–0.8470 Extended: 0.8380 if GBP strength dominates Invalidation: A clean 4H close above the marked HTF supply area weakens the bearish idea. Short macro support: GBP is stronger than EUR in the TS framework. EURGBP downside remains favoured if GBP relative strength continues.