Published: 2026-05-27T11:31:53.000Z
Chart EUR/GBP Update: Gains to remain limited
2
Anticipated gains are extending
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8725 | * | congestion | S1 | 0.8640 | intraday lows | ||
| R3 | 0.8695/00 | ** | GBP/EUR 1.1500; congestion | S2 | 0.8612/20 | ** | Feb-Mar YTD lows; GBP/EUR 1.1600 | |
| R2 | 0.8680 | * | congestion | S3 | 0.8600 | ** | congestion | |
| R1 | 0.8660 | * | congestion | S4 | 0.8545 | ** | 50% ret of 2024-2025 rally |
Asterisk denotes strength of level
12:20 BST - Anticipated gains are extending, with rising intraday studies prompting a test of congestion resistance at 0.8660. Negative daily readings are flattening, suggesting room for a break above here. But mixed weekly charts should limit initial scope in renewed consolidation beneath further congestion around 0.8680. Meanwhile, support is raised to 0.8640, and should underpin any immediate setbacks.