Published: 2026-06-05T07:52:08.000Z
Chart EUR/GBP Update: Gains to remain limited
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Little change, as prices extend cautious trade within the 0.8640 - 0.8660 range
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8725 | * | congestion | S1 | 0.8640 | intraday lows | ||
| 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
08:40 BST - Little change, as prices extend cautious trade within the 0.8640 - 0.8660 range. Daily readings are rising, highlighting room for a test of congestion resistance at 0.8660. But negative weekly charts should limit any further strength in renewed selling interest/consolidation beneath congestion around 0.8680. Meanwhile, support remains at 0.8640. Following cautious/corrective trade, fresh losses are looked for. A later close below 0.8640 will add weight to sentiment and put initial focus back on strong support at 0.8620, (GBP/EUR 1.1600), and the 0.8612 current year low from February-March.