Published: 2026-02-24T09:06:11.000Z
Chart EUR/GBP Update: Range extension
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Still little change
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8820 | congestion | S1 | 0.8720 | * | congestion | ||
| R3 | 0.8800 | ** | break level | S2 | 0.8695/00 | * | GBP/EUR 1.1500; cong | |
| R2 | 0.8772 | * | GBP/EUR 1.1500 | S3 | 0.8670 | * | congestion | |
| R1 | 0.8750 | * | congestion | S4 | 0.8640 | * | congestion |
Asterisk denotes strength of level
09:00 GMT - Still little change, as mixed intraday studies keep near-term sentiment cautious and prompt choppy trade within the 0.8720 - 0.8750 range. Positive daily readings are flattening, suggesting potential for further sideways trade. But broader weekly charts are improving, pointing to a later break above congestion resistance at 0.8750 towards 0.8772, (GBP/EUR 1.1500). Meanwhile, any immediate tests below congestion support at 0.8720 should be limited in consolidation above support at 0.8695, (GBP/EUR 1.1500), and congestion around 0.8700.