During the previous trading session, the price of EURGBP decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The current support level is in the area of the 0.87052 mark.
This level is formed by the Bullish Belt Hold pattern. It consists of one candle with a long white body. Its opening is at the day’s low. This pattern occurs after a downward movement and indicates a potential price growth.
The current resistance level is at the 0.87396 mark.
The pattern formed here is Three Outside Bars Down. This pattern is a combination of three Japanese candlesticks. The first candlestick has a short white real body, the second candlestick has a long black real body and completely engulfs the first candlestick, and the third candlestick is also black, closing below the second candlestick.
Trading recommendations:
During the day, it is worth considering the possibilities for opening short positions. This is indicated by both: the dynamics of price movement over a longer distance and the latest formed pattern.
EURGBP H1: The Price Action Forecast for the Asian Session at 30.12.2025






