Published: 2026-11-12T09:16:50.000Z
Chart EUR/GBP Update: Consolidating gains - room for a minor drift lower
2
Little change, as prices extend cautious trade around 0.8355
| 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
09:00 GMT - Little change, as prices extend cautious trade around 0.8355. Intraday studies are mixed/negative and overbought daily stochastics are turning down, suggesting room for a minor pullback. However, the positive daily Tension Indicator and mixed weekly charts should limit scope in renewed consolidation above support at 0.8333, (GBP/EUR 1.2000).
Meanwhile, resistance remains at the 0.8365 break level and extends to intraday highs around 0.8380. This range should continue to cap any immediate tests higher.