Published: 2026-11-10T09:18:30.000Z
Chart EUR/GBP Update: Pushing higher
2
Cautious trade around 0.8350 has given way to a sharp break higher
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8425 | break level | S1 | 0.8333 | * | GBP/EUR 1.2000 | ||
| R3 | 0.8400/03 | ** | congestion; GBP/EUR 1.1900 | S2 | 0.8315/22 | * | late-Mar 25 (w) low; 30 Oct YTD low | |
| R2 | 0.8380 | intraday highs | S3 | 0.8300 | * | congestion | ||
| R1 | 0.8365 | intraday break level | S4 | 0.8265 | * | GBP/EUR 1.2100 |
Asterisk denotes strength of level
09:05 GMT - Cautious trade around 0.8350 has given way to a sharp break higher, with prices approaching resistance at 0.8365. The rising daily Tension Indicator highlights potential for a break above here towards the 0.8380 intraday highs. But flat overbought daily stochastics and mixed weekly charts should limit any tests of this range in fresh consolidation. Any further strength should be capped beneath 0.8400/03.
Meanwhile, support remains at 0.8333, (GBP/EUR 1.2000), and extends to the 0.8322 current year low of 30 October. This range should underpin any immediate setbacks.