Home / Analytics / EURGBP H1: The Price Action Forecast for the European Session on 13.1.2026

EURGBP H1: The Price Action Forecast for the European Session on 13.1.2026

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 nearest support is set at the 0.86512 mark.
This level was formed by the Three Outside Bars Up pattern. The pattern consists of three Japanese candlesticks: the first candlestick has a short black real body, the second candlestick has a long white real body and completely engulfs the first candlestick, and the third candlestick is also white, closing above the second candlestick.
The nearest resistance is set at the 0.86923 mark.
This level was formed by the Dark Cloud Cover pattern. The pattern consists of two candles: the first candle is long and white, and the second is black. The second one opens with a gap up and closes below the middle of the real body of the first candle.
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.

Leave a Reply

Your email address will not be published. Required fields are marked *