Home / Analytics / EURGBP H1: The Price Action Forecast for the American Session on 17.10.2025

EURGBP H1: The Price Action Forecast for the American Session on 17.10.2025

During the previous trading session, EURGBP demonstrated downward dynamics. On a longer time-frame, the upward trend still prevails.
The support and resistance levels:
The closest support to the price is at the 0.8664 mark.
This level was formed by the Three Inside Up pattern. This pattern consists of three Japanese candles: the first candle has a short white real body, the second candle has a white real body and is completely inside the body of the first candle, and the third candle is also white and closes above the body of the second candle.
The nearest resistance level is at the level of the 0.87245.
The Three Black Crows pattern formed this level. It consists of three consecutive black long-bodied Japanese candlesticks that open inside the body of the previous candle and close below its closing.
Trading recommendations:
The latest signal prioritizes short positions intraday.

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