EURGBP H1: The Price Action Forecast for the European 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 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 0.8736 mark.
This level was formed by the Bearish Harami pattern, which is presented with two Japanese candlesticks where the second candlestick with a smaller real body is inside the body of the first one.
Trading recommendations:
Despite the downward dynamics prevail on a higher time-frame, the long position should be prioritized intraday. The latest signal on the chart indicates the prevalence of the upward movement intraday.