Home / Analytics / EURGBP H1: The Price Action Forecast for the American Session on 31.12.2025

EURGBP H1: The Price Action Forecast for the American Session on 31.12.2025

EURGBP closes the last trading session in the green zone, while the downward price movement vector prevails on the higher time-frame.
The support and resistance levels:
The nearest support is set at the 0.87155 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 nearest resistance is set at the 0.87407 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.

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