EURGBP Technical Analysis (2H Timeframe).

#EUR/GBP#

📊 EURGBP Technical Analysis (2H Timeframe)

✅ Market Structure: Bullish Recovery
Price is rebounding from a strong demand zone and attempting to reclaim key moving averages, suggesting upside continuation potential.

🔍 Key Observations:
• Strong support/demand zone around 0.8615 – 0.8625
• Bullish reaction from support confirmed
• Price attempting to move above EMA resistance
• Higher lows forming after the recent bottom

🎯 Bullish Targets:
• TP1: 0.8690
• TP2: 0.8730

📌 Support Zone:
0.8615 – 0.8625

⚠️ Invalidation:
A strong 2H candle close below 0.8615 may invalidate the bullish setup.

📈 Bias:
Bullish while price remains above the demand zone.

🚀 Trade Setup:
BUY EURGBP

🎯 TP1: 0.8690
🎯 TP2: 0.8730
🛑 SL: Below 0.8615

🔥 Demand zone holding strong — buyers may target 0.8690 first, then 0.8730 if momentum continues.