EURGBP H1: The Price Action Forecast for the European Session on 21.10.2025

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 is set at the 0.86751 mark.
The indicated level was formed by the Bullish Homing Pigeon pattern. In this pattern, the first candle has a long black body and the second one has a white body. The opening of the second candle is close to the closing of the first one.
The nearest resistance is set at the 0.86946 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:
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.