Published: 2026-06-18T08:00:30.000Z
Chart EUR/GBP Update: Pressuring range highs - studies rising
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Cautious trade continues, with prices pressuring congestion resistance at 0.8660
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8725 | ** | congestion | S1 | 0.8640 | * | congestion | |
| R3 | 0.8695/00 | ** | GBP/EUR 1.1500; congestion | S2 | 0.8620 | ** | GBP/EUR 1.1600 | |
| R2 | 0.8680 | * | congestion | S3 | 0.8612 | ** | Feb-Mar YTD lows | |
| R1 | 0.8660 | * | congestion | S4 | 0.8600 | ** | congestion |
Asterisk denotes strength of level
08:55 BST - Cautious trade continues, with prices pressuring congestion resistance at 0.8660. Rising daily readings highlight room for a break above here towards further congestion around 0.8680. But mixed/negative weekly charts should limit any initial tests in renewed selling interest. Meanwhile, support remains at congestion around 0.8640 and should underpin any immediate setbacks. A break, if seen, should give way to consolidation above 0.8620, (GBP/EUR 1.1600).