Published: 2026-02-18T12:15:19.000Z
Chart EUR/GBP Update: Choppy trade
2
Anticipated gains have reached congestion resistance at 0.8750
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8820 | congestion | S1 | 0.8720 | * | congestion | ||
| R3 | 0.8800 | ** | break level | S2 | 0.8695/00 | * | GBP/EUR 1.1500; cong | |
| R2 | 0.8772 | * | GBP/EUR 1.1500 | S3 | 0.8670 | * | congestion | |
| R1 | 0.8750 | * | congestion | S4 | 0.8640 | * | congestion |
Asterisk denotes strength of level
11:45 GMT - Anticipated gains have reached congestion resistance at 0.8750, where unwinding overbought intraday studies are prompting selling interest and a pullback towards congestion support at 0.8720. A break will open up 0.8695/00. But positive daily readings should limit any immediate tests in fresh consolidation. Meanwhile, resistance remains at 0.8750. Following cautious trade, unwinding oversold weekly stochastics suggest room for a test above here. But the flat/negative weekly Tension Indicator and deteriorating longer-term charts should limit scope in selling interest towards 0.8772, (GBP/EUR 1.1500).