Published: 2026-05-29T08:40:08.000Z
Chart EUR/GBP Update: Pushing higher
5
Still little change
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8743 | ** | 1 Apr (m) high | S1 | 0.8660 | * | congestion | |
| R3 | 0.8725 | * | congestion | S2 | 0.8640 | intraday lows | ||
| R2 | 0.8695/00 | ** | GBP/EUR 1.1500; congestion | S3 | 0.8612/20 | ** | Feb-Mar YTD lows; GBP/EUR 1.1600 | |
| R1 | 0.8680 | * | congestion | S4 | 0.8600 | ** | congestion |
Asterisk denotes strength of level
09:35 BST - Still little change, as prices extend choppy trade above congestion support at 0.8660. Daily readings are rising and oversold weekly stochastics are unwinding, highlighting room for continuation towards congestion resistance at 0.8680. However, the bearish weekly Tension Indicator and negative longer-term charts should limit any further strength in renewed selling interest beneath 0.8695/00. Meanwhile, a close back below congestion support at 0.8660 will turn sentiment neutral and give way to fresh consolidation above 0.8640.