Published: 2026-06-16T07:55:50.000Z
Chart EUR/GBP Update: Room for a minor test higher
1
The anticipated break above 0.8640 has reached 0.8650
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8725 | ** | congestion | S1 | 0.8640 | * | congestion | |
| R3 | 0.8695/00 | ** | GBP/EUR 1.1500; congestion | S2 | 0.8620 | ** | GBP/EUR 1.1600 | |
| R2 | 0.8680 | * | congestion | S3 | 0.8612 | ** | Feb-Mar YTD lows | |
| R1 | 0.8660 | * | congestion | S4 | 0.8600 | ** | congestion |
Asterisk denotes strength of level
08:45 BST - The anticipated break above 0.8640 has reached 0.8650, before settling back into fresh consolidation above 0.8640. Flat daily readings have ticked higher, suggesting room for fresh gains. But negative weekly charts should limit scope in consolidation beneath congestion around 0.8660. A close above here, if seen, would improve sentiment and open up 0.8680. Meanwhile, any tests back below congestion support at 0.8640 should give way to consolidation above 0.8620, (GBP/EUR 1.1600).