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EURGBP broke down from a bear flag 1 bar ago under a weekly downtrend. Above 0.85807 the break has failed.

EURGBP=X · 4H · read on 2026-09-13 · Broke below 0.85807 1 bar ago. No retest yet.

What the read found

Trend: lower highs and lower lows over the window, 3 steps across 32 bars — and that run is OVER: price closed above the last lower high 8 bars ago. Do not describe it as a trend that is still running.
Formation: bear flag — Broke below 0.85807 1 bar ago. No retest yet.
Decides above: 0.85807 (the breakout)
Decides below: 0.85693 (support)
Resistance: 0.85970
Support: 0.85693
Support: 0.85533
Level history: The last six times price reached 0.85970 it held every time, bouncing 0.2% on average.
Level history: The last three times price reached 0.85693 it held once, bouncing 0.3%.
Level history: The last 14 times price reached 0.85533 it held 11 times, bouncing 0.2% on average, and broke through once.

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Every figure on this page was computed from the real candles up to 2026-09-13. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns