EURGBP Potential Buy Setup: Mixed Signals Require CautionEuro vs British PoundPEPPERSTONE:EURGBPAmitrading📉 Overview from Weekly Timeframe The weekly chart presents a mixed scenario. While recent price action shows bullish intent, the presence of strong resistance and the 50EMA overhead suggests limited upside potential unless a clear breakout occurs. ⚠️ Patience is needed as bias is not fully aligned. 📅 Daily Chart Explanation The daily timeframe shows some bullish price action, but structure and EMA alignment remain bearish. This suggests that any bullish move could be short-lived unless there's a structural shift or EMA crossover to confirm momentum. ⏳ 4H Chart Explanation The 4-hour chart shows early signs of a trend reversal — higher highs and some bullish push. However, this move is still counter-trend when compared to the higher timeframes. Risk is high as there's no confluence yet from daily or weekly charts. 📌 Plan Bias: Cautious Bullish Entry: Only upon clear 4H structure break + retest (with confluence from price action) Targets: TP1: Near recent 4H swing high TP2: Just below weekly resistance / 50EMA zone Invalidation: If price breaks below the recent 4H higher low, or shows bearish engulfing at resistance zone