EURGBP Got Rejected By The Resistance Levels

As you see, in the 4H time frame, after the upside breakout on the descending channel, price had a big rise.
Now, it has approached to the two resistance levels and has been rejected and pushed to the downside by them.

The positive phase of MACD is going to be changed and the histogram bars are getting smaller which means the upside pressure is decreasing.

On the other hand, price is in the expanded triangle pattern and could not break the triangle’s upper side which is considered as one of the resistance levels.

If you pay attention to the candle that was rejected by the resistance levels, it is formed as a pin bar and also a doji which shows a decreased volatility.

I expect the price to retrace for a while and fall around 0.85800 which is near the channel’s upper band ( we can consider the channel’s upper band as a support level) and then rise because there is a demand level there which can push the price to the upside.

What do you think about EURGBP?
Please share your ideas in the comments!