Published: 2026-04-21T08:24:54.000Z
Chart EUR/GBP Update: Gains to remain limited
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Cautious trade has given way to the anticipated test of resistance at the 0.8720 break level
| 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 - Cautious trade has given way to the anticipated test of resistance at the 0.8720 break level. Rising daily stochastics highlight room for a test above here. But the flat daily Tension Indicator and mixed weekly charts should limit scope in renewed selling interest towards the 0.8735 congestion highs. Meanwhile, support remains at 0.8695, (GBP/EUR 1.1500), and congestion around 0.8700. A close beneath here, if seen, will add weight to sentiment and open up a test of congestion support at 0.8670.