Published: 2026-07-14T06:53:25.000Z
Chart EUR/GBP Update: Consolidating at .8508/00 support
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Steadied at the .8508 Friday's low as prices consolidate sharp losses from the .8685 June high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8650 | congestion | S1 | 0.8508/00 | * | 27 Jun 2025 low, congestion | ||
| R3 | 0.8600/10 | ** | congestion, Feb low | S2 | 0.8475/70 | ** | Jan 2025 high, 61.8% | |
| R2 | 0.8575 | * | 2 Jul high | S3 | 0.8450 | * | congestion | |
| R1 | 0.8550 | * | congestion | S4 | 0.8400 | * | congestion |
Asterisk denotes strength of level
06:50 GMT - Steadied at the .8508 Friday's low as prices consolidate sharp losses from the .8685 June high. However, pressure remains on the downside and break here will further extend the broader losses from the November high. Nearby will see room to the .8500 congestion then .8475 high of January 2025. Oversold daily studies caution corrective bounce though gains are likely to be limited with resistance at the .8550/75 area expected to cap. Would take break here to open up room for stronger recovery to strong resistance at the .8600/10 congestion and February low.