EURGBP H1: The Price Action Forecast for the European Session on 8.4.2026

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 is set at the 0.87016 mark.
This level was formed by the Bullish Harami Cross pattern. This pattern is presented with the combination of two Japanese candles: the first one is the candle with a long real body and the second one, the doji, is located inside the body of the first candle.
The nearest resistance is set at the 0.87402 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:
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.