Fancy embracing in the picture! (5)
I believe the answer is:
image
This could be a double definition.
'fancy embracing' is the first definition.
'image' can be an answer for 'fancy' (synonyms). I'm not sure about the 'embracing' bit.
'the picture' is the second definition.
(synonyms)
'in' is the link.
Can you help me to learn more?
(Other definitions for image that I've seen before include "Likeness, could be spitting" , "Mental picture; idol" , "Visual or mental representation" , "Public persona" , "Simulacrum" .)