During the previous trading session, the positive dynamics of the EURGBP movement were seen. On a longer time-frame, the upward price movement vector also prevails.
The support and resistance levels:
The current support level is in the area of the 0.88004 mark.
The level was formed by the Three White Soldiers pattern. This pattern consists of three consecutive white long-bodied Japanese candlesticks that open inside the real body of the previous candle and close above its closing. The probability of a reversal forming when this pattern appears is about 80%.
The current resistance level is at the 0.88389 mark.
This level was formed by the Three Inside Down pattern. This pattern consists of three Japanese candles: the first candle has a short black real body, the second candle also has a black real body and is completely inside the body of the first candle, and the third candle is also black and closes below the body of the second candle.
Trading recommendations:
The upward dynamics prevail on a longer time period, but the short positions should be prioritized during the day because the latest signal suggests a dominant downward movement.




