Published: 2026-03-30T08:11:28.000Z
Chart EUR/GBP Update: Pushing higher
1
Cautious trade above congestion support at 0.8650 has given way to anticipated gains
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8750 | ** | congestion | S1 | 0.8670 | * | congestion | |
| R3 | 0.8730 | minor congestion | S2 | 0.8650 | * | congestion | ||
| R2 | 0.8715~ | * | 4-5 Mar high | S3 | 0.8613/20 | ** | 4 Feb (m) low; GBP/EUR 1.1600 | |
| R1 | 0.8695/00 | * | GBP/EUR 1.1500; cong | S4 | 0.8600 | * | congestion |
Asterisk denotes strength of level
08:55 BST - Cautious trade above congestion support at 0.8650 has given way to anticipated gains, with prices currently consolidating the anticipated break above 0.8670. Daily readings are rising and weekly stochastics have also ticked higher, suggesting room for continuation towards strong resistance at 0.8695, (GBP/EUR 1.1500), and congestion around 0.8700. But already overbought daily stochastics could limit any initial tests in consolidation, before further gains unfold. Meanwhile, a break back congestion support at 0.8670, if seen, will turn sentiment cautious once again and prompt fresh consolidation above 0.8650.