Published: 2026-03-02T09:34:38.000Z
Chart EUR/GBP Update: Extending gains
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Anticipated gains have reached 0.8790, where mixed intraday studies are prompting short-term reactions
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8865 | ** | 14 November 2025 (y) high | S1 | 0.8772 | * | GBP/EUR 1.1400 | |
| R3 | 0.8850 | * | GBP/EUR 1.1300 | S2 | 0.8750 | * | congestion | |
| R2 | 0.8825 | congestion | S3 | 0.8695/00 | * | GBP/EUR 1.1500; cong | ||
| R1 | 0.8800 | ** | break level | S4 | 0.8670 | * | congestion |
Asterisk denotes strength of level
09:25 GMT - Anticipated gains have reached 0.8790, where mixed intraday studies are prompting short-term reactions. Daily readings have turned higher and broader weekly charts are rising, highlighting room for further gains in the coming sessions. Focus is on resistance at 0.8800, with room for continuation towards congestion around 0.8825. However, already overbought intraday and daily stochastics could limit any initial tests of this range profit-taking/consolidation. Meanwhile, support is down to congestion around 0.8750 and should underpin any immediate setbacks.