Published: 2026-06-15T08:01:17.000Z
Chart EUR/GBP Update: Limited tests above 0.8640
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Cautious trade has given way to the anticipated test of congestion resistance at 0.8640
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8695/00 | ** | GBP/EUR 1.1500; congestion | S1 | 0.8620 | ** | GBP/EUR 1.1600 | |
| R3 | 0.8680 | * | congestion | S2 | 0.8612 | ** | Feb-Mar YTD lows | |
| R2 | 0.8660 | * | congestion | S3 | 0.8600 | ** | congestion | |
| R1 | 0.8640 | * | congestion | S4 | 0.8545 | ** | 50% ret of 2024-2025 rally |
Asterisk denotes strength of level
08:50 BST - Cautious trade has given way to the anticipated test of congestion resistance at 0.8640. Intraday studies continue to rise and bearish daily readings are flattening, suggesting room for continuation towards further congestion around 0.8660. However, bearish weekly charts should limit any initial tests in fresh consolidation. A close above here, if seen, would improve sentiment and open up 0.8680. Meanwhile, support remains at 0.8620, (GBP/EUR 1.1600), and should underpin any immediate setbacks.