Bash history re-runs: possible command to avoid using !bang!?

Question

Scenario:

You are doing your daily Bash shell stuff. You want to run a previous command so you type:

history | grep foocommand

Then you get a list of all the foocommand stuff you did for however long your history has kept track, in a list like so:

  585 foocommand --baz --bleet
  750 foocommand | grep quux
  987 history grep | foocommand

You decide you want to run command 585, so you type

  !585

Question: Just for curiosity, is there a way to take that final step out of the equation and still get the expected outcome? It would be nice if there were a way to say:

 "grep through history and automatically run the first item on the list"

or

"grep through history and let me choose which item to run using the arrow keys"

Answer 1

Press ^r (that's CTLR-r), type foocommand press Enter ;) That will search history and show the latest matching entry