Published: 2026-02-25T09:24:35.000Z
Chart EUR/GBP Update: Leaning lower
2
Cautious trade is giving way to a drift lower
| 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
09:05 GMT - Cautious trade is giving way to a drift lower, as overbought daily stochastics unwind and the daily Tension Indicator turns down, with prices currently pressuring congestion support at 0.8720. A break will open up further support at 0.8695, (GBP/EUR 1.1500), and congestion around 0.8700. But rising weekly charts should limit any deeper reactions in renewed buying interest above congestion around 0.8670. Meanwhile, resistance remains at congestion around 0.8750 and should cap any immediate tests higher.