Published: 2026-11-13T07:32:26.000Z
Chart EUR/GBP Update: Consolidating, room stronger bounce
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Settled back from the .8372 high as prices consolidate gains from the .8322 late-October and low of last week
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8455 | ** | Jul low | S1 | 0.8350 | * | congestion | |
| R3 | 0.8425 | * | 14 Oct low | S2 | 0.8322 | ** | 30 Oct YTD low | |
| R2 | 0.8400 | ** | congestion | S3 | 0.8300 | * | congestion | |
| R1 | 0.8380 | congestion | S4 | 0.8250 | * | congestion |
Asterisk denotes strength of level
07:30 GMT - Settled back from the .8372 high as prices consolidate gains from the .8322 late-October and low of last week. Daily and weekly studies have turned up to unwind oversold readings and suggest scope for stronger bounce to retrace the sharp September/October losses. Higher will see room to the .8380/.8400 congestion area. Clearance here will open up room to strong resistance at the .8425/.8455, 14 October and July lows. Meanwhile, support remains at the .8350/.8322 congestion and October current year low. Failure will see extension to .8300/.8250 congestion area.