Published: 2026-03-05T09:14:31.000Z
Chart EUR/GBP Update: Cautious trade - daily studies under pressure
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Little change, as prices extend cautious trade above support at 0.8695, (GBP/EUR 1.1500), and congestion around 0.8700
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8800 | ** | break level | S1 | 0.8695/00 | * | GBP/EUR 1.1500; cong | |
| R3 | 0.8790 | * | 27 Feb (m) high | S2 | 0.8670 | * | congestion | |
| R2 | 0.8772 | * | GBP/EUR 1.1400 | S3 | 0.8650 | * | congestion | |
| R1 | 0.8750 | * | congestion | S4 | 0.8613 | ** | 4 Feb YTD low |
Asterisk denotes strength of level
09:05 GMT - Little change, as prices extend cautious trade above support at 0.8695, (GBP/EUR 1.1500), and congestion around 0.8700. Rising intraday studies highlight room for a test higher. But negative daily readings should limit initial scope in renewed selling interest beneath congestion resistance at 0.8750. Following cautious trade, a fresh test below 0.8695/00 is looked for. Focus will turn to congestion around 0.8670, but rising weekly charts should limit any deeper losses in renewed buying interest/consolidation above further congestion around 0.8650.