Home / Analytics / EURGBP H1: The Price Action Forecast for the European Session on 6.3.2026

EURGBP H1: The Price Action Forecast for the European Session on 6.3.2026

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 closest support to the price is at the 0.86841 mark.
The nearest resistance level is at the level of the 0.87114.
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:
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.

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