Published: 2026-07-17T06:51:54.000Z
Chart EUR/GBP Update: Higher in range from .8465/50 support
1
Turned up in range from test of support at the .8465/50, Fibonacci and congestion area
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8600/10 | ** | congestion, Feb low | S1 | 0.8465 | * | 61.8% 2024/2025 rally | |
| R3 | 0.8575 | * | 2 Jul high | S2 | 0.8450 | ** | congestion | |
| R2 | 0.8550 | * | congestion | S3 | 0.8405/00 | * | Jun low, congestion | |
| R1 | 0.8500/08 | * | congestion, 10 Jul low | S4 | 0.8355 | ** | May 2025 low |
Asterisk denotes strength of level
06:45 GMT - Turned up in range from test of support at the .8465/50, Fibonacci and congestion area. Pause here see prices unwinding deep oversold daily studies following sharp losses from the .8685 June high. Weekly studies are stretched as well and suggest scope for bounce here to resistance at .8500/08 area. Gains above here will clear the way for stronger bounce to .8550/.8575 congestion and 2 Jul high. Meanwhile, support at the .8465/.8450 area should unerpin. Break here will open up room for extension to the .8405/00 area.