Published: 2026-03-24T09:19:24.000Z
Chart EUR/GBP Update: Choppy trade
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Little change, as prices extend choppy trade around congestion support at 0.8650
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8730 | minor congestion | S1 | 0.8650 | * | congestion | ||
| R3 | 0.8715~ | * | 4-5 Mar high | S2 | 0.8613/20 | ** | 4 Feb (m) low; GBP/EUR 1.1600 | |
| R2 | 0.8695/00 | * | GBP/EUR 1.1500; cong | S3 | 0.8600 | * | congestion | |
| R1 | 0.8670 | * | congestion | S4 | 0.8547 | * | GBP/EUR 1.1700 |
Asterisk denotes strength of level
09:05 GMT - Little change, as prices extend choppy trade around congestion support at 0.8650. Daily readings are rising, suggesting room for a test of congestion resistance at 0.8670. However, negative weekly charts should limit any immediate break above here in renewed selling interest beneath strong resistance at 0.8695, (GBP/EUR 1.1500), and congestion around 0.8700. Meanwhile, any immediate tests back below 0.8650 should meet buying interest above support at the 0.8613 monthly low of 4 February and 0.8620, (GBP/EUR 1.1600).