EURGBP H1: The Price Action Forecast for the Asian Session at 1.1.2026

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 nearest support level is at the price level of the 0.87155.
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 significant resistance level is at the 0.87457 mark.
The level was formed by the Shooting Star pattern. This pattern is a single candlestick which is composed of a small real body and a long upper shadow. This pattern is usually called “Pin Bar” by traders.
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.