Published: 2026-05-15T08:20:50.000Z
Chart EUR/GBP Update: Room for still higher
1
Anticipated gains have extended
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8772 | * | GBP/EUR 1.1400 | S1 | 0.8695/00 | ** | GBP/EUR 1.1500; congestion | |
| R3 | 0.8750 | ** | break level | S2 | 0.8670 | * | congestion | |
| R2 | 0.8743 | * | 31 Mar (w) high | S3 | 0.8650 | * | congestion | |
| R1 | 0.8720 | congestion | S4 | 0.8640 | intraday lows |
Asterisk denotes strength of level
09:10 BST - Anticipated gains have extended, with prices testing above congestion resistance at 0.8720 before settling into choppy trade around 0.8715. The daily Tension Indicator continues to rise, suggesting room for further strength towards the 0.8743 weekly high of 31 March. But flat overbought daily stochastics and mixed weekly charts should limit any initial tests in consolidation. Meanwhile, support is raised to 0.8695/00. A close back beneath here would help to stabilise sentiment and prompt consolidation above congestion around 0.8670.