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@shadowtraderfx

Shadow Traders Fx

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PostedJul 1507/15/2025, 07:44 PM
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📉EUR/GBP Bearish Setup – Rejection at Major Resistance Zone 🔍Technical Analysis The EUR/GBP pair has approached and sharply rejected the 0.8675 resistance zone, a key supply level that has consistently held in the past. Price has shown signs of exhaustion through long upper wicks and a potential double-top formation, suggesting that buyers are losing strength. A bearish continuation is expected if price breaks and holds below 0.8650, with a target toward the 0.8480 demand zone. 📉Fundamental Analysis The Euro remains under pressure after the ECB’s latest minutes indicated cautious sentiment, with concerns around slowing growth, weak inflation data, and ongoing political instability in the Eurozone—especially amid France’s post-election uncertainty and Germany’s declining manufacturing output. 🗣️What do YOU think? Comment below with your outlook! 🔁 Tag a trader who needs this analysis. 📲 Like & Subscribe @SHADOWTRADERFX for more pro setups!