EURGBP H1: The Price Action Forecast for the European Session on 28.1.2026

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 current support level is in the area of the 0.86828 mark.
This level is formed due to the appearance of the Pin Bar pattern. This pattern is represented with a candle with a small real body and a long lower shadow. This pattern is quite common at strong support levels.
The current resistance level is at the 0.87156 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:
The latest signal on the chart indicates the prevalence of the long positions. This signal is valid, until the other pattern is formed.