EURGBP Bearish Rejection Inside Descending Channel | 1H Analysis

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EURGBP Bearish Rejection Inside Descending Channel | 1H AnalysisEUR/GBPOANDA:EURGBPApex_Legends EURGBP remains under bearish pressure while trading inside a descending channel. Price has once again been rejected from the highlighted resistance zone, reinforcing the bearish market structure. As long as price stays below resistance and the channel’s upper boundary, sellers remain in control. A confirmed move below the recent low could accelerate the decline toward the projected support levels. Key Levels: * 🔴 Resistance: 0.8532 – 0.8539 * 🟦 1st Support: 0.8501 * 🟦 2nd Support: 0.8486 * 📉 Bias: Bearish while below resistance.