Published: 2025-11-14T07:03:07.000Z
Chart EUR/GBP Update: Extending gains
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Break above the .8830 high has seen gains to fresh year high at .8859
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8925 | * | Mar 2023 high | S1 | 0.8800 | * | figure | |
| R3 | 0.8885 | * | 61.8% 2022/2024 fall | S2 | 0.8752/50 | * | Jul high, congestion | |
| R2 | 0.8875 | * | Apr 2023 high | S3 | 0.8737 | * | Apr high | |
| R1 | 0.8859 | intraday high | S4 | 0.8700 | * | congestion |
Asterisk denotes strength of level
07:00 GMT - Break above the .8830 high has seen gains to fresh year high at .8859. Bullish structure from the .8222 low of December 2024 keep pressure on the upside and higher will see room to target the April 2023 high at .8875 and .8885, 61.8% Fibonacci level. Higher still, will see extension to the .8900 level and .8925, March 2023 high. Meanwhile, support is at the .8800 figure which is expected to underpin. Would take break here to turn focus lower to strong support at the .8752 and .8737, July and April highs.