Published: 2026-04-20T08:56:20.000Z
Chart EUR/GBP Update: Range trade
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Little change, as prices extend cautious trade within the 0.8695/00 - 0.8720 range
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8772 | * | GBP/EUR 1.1400 | S1 | 0.8695/00 | * | GBP/EUR 1.1500; cong | |
| R3 | 0.8750 | ** | congestion | S2 | 0.8670 | * | congestion | |
| R2 | 0.8735 | * | congestion highs | S3 | 0.8650 | * | congestion | |
| R1 | 0.8720 | * | break level | S4 | 0.8613/20 | ** | 4 Feb (m) low; GBP/EUR 1.1600 |
Asterisk denotes strength of level
09:40 BST - Little change, as prices extend cautious trade within the 0.8695/00 - 0.8720 range. Negative daily stochastics are ticking higher, suggesting room for a test of resistance at 0.8720. But a tick lower in the daily Tension Indicator and mixed weekly charts should limit any break in renewed selling interest towards the 0.8735 congestion highs. Meanwhile, a close below 0.8695/00, if seen, will add weight to sentiment and open up a test of congestion support at 0.8670.