[guided]Fix a rational prime $p\nmid N\ell$. Deligne's representation is unramified at $p$, so the inertia subgroup at $p$ acts as the identity on $V_\lambda$. Since the reduced representation is obtained from the same action after passing to $\Lambda/\lambda\Lambda$, the inertia subgroup also acts as the identity on $\overline{\Lambda}$. Hence $\tilde{\rho}_{f,\lambda}$ is unramified at $p$.
Now choose an $\mathcal{O}_{f,\lambda}$-basis of the stable lattice $\Lambda$. In this basis, the matrix of
\begin{align*}
\rho_{f,\lambda}(\operatorname{Frob}_p)
\end{align*}
lies in $GL_2(\mathcal{O}_{f,\lambda})$, and the matrix of
\begin{align*}
\tilde{\rho}_{f,\lambda}(\operatorname{Frob}_p)
\end{align*}
is obtained by reducing each entry modulo $\lambda$. Trace and determinant are polynomial functions in the matrix entries, so reduction modulo $\lambda$ commutes with taking trace and determinant. Therefore
\begin{align*}
\operatorname{tr}\tilde{\rho}_{f,\lambda}(\operatorname{Frob}_p)&\equiv \operatorname{tr}\rho_{f,\lambda}(\operatorname{Frob}_p)\pmod{\lambda},\\
\det\tilde{\rho}_{f,\lambda}(\operatorname{Frob}_p)&\equiv \det\rho_{f,\lambda}(\operatorname{Frob}_p)\pmod{\lambda}.
\end{align*}
Substituting Deligne's formulas gives
\begin{align*}
\operatorname{tr}\tilde{\rho}_{f,\lambda}(\operatorname{Frob}_p)&\equiv a_p(f)\pmod{\lambda},\\
\det\tilde{\rho}_{f,\lambda}(\operatorname{Frob}_p)&\equiv \varepsilon(p)p^{k-1}\pmod{\lambda}.
\end{align*}
Finally, $\bar{\rho}_{f,\lambda}$ is the semisimplification of $\tilde{\rho}_{f,\lambda}$. Passing to semisimplification does not change the trace or determinant of any group element: after choosing a composition series, the acting matrix becomes block upper triangular, and its semisimplification has the same diagonal blocks. Trace and determinant depend only on these diagonal blocks. Hence
\begin{align*}
\operatorname{tr}\bar{\rho}_{f,\lambda}(\operatorname{Frob}_p)&\equiv a_p(f)\pmod{\lambda},\\
\det\bar{\rho}_{f,\lambda}(\operatorname{Frob}_p)&\equiv \varepsilon(p)p^{k-1}\pmod{\lambda}.
\end{align*}[/guided]