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EURGBP broke down from a bear flag 1 bar ago inside a daily uptrend. Above 0.85655 the break has failed.

EURGBP=X · 1H · read on 2026-09-17 · Broke below 0.85655 1 bar ago. No retest yet.

What the read found

Trend: a series of higher highs and higher lows over the window, 3 steps across 48 bars — and that run is OVER: price closed below the last higher low 12 bars ago. Do not describe it as a trend that is still running.
Formation: bear flag — Broke below 0.85655 1 bar ago. No retest yet.
Decides above: 0.85655 (the breakout)
Decides below: 0.85542 (support)
Resistance: 0.85965
Support: 0.85542
Level history: The last five times price reached 0.85965 it held every time, bouncing 0.2% on average.
Level history: The last 11 times price reached 0.85542 it held 9 times, bouncing 0.2% on average, and broke through twice.

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Every figure on this page was computed from the real candles up to 2026-09-17. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns