Published: 2026-07-13T06:36:25.000Z
Chart EUR/GBP Update: Consolidating at .8508 support
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Steadied at the .8508 Friday's low as prices consolidate sharp losses from the .8685 June high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8650 | congestion | S1 | 0.8508/00 | * | 27 Jun 2025 low, congestion | ||
| R3 | 0.8600/10 | ** | congestion, Feb low | S2 | 0.8475 | ** | Jan 2025 high | |
| R2 | 0.8575 | * | 2 Jul high | S3 | 0.8470 | * | 61.8% 2024/2025 rally | |
| R1 | 0.8550 | * | congestion | S4 | 0.8450 | * | congestion |
Asterisk denotes strength of level
06:30 GMT - Steadied at the .8508 Friday's low as prices consolidate sharp losses from the .8685 June high but pressure remains on the downside and see room for break here to extend losses from the November high. Lower will see room to the .8500 congestion then .8475 high of January 2025. However, oversold daily studies caution corrective bounce though gains likely to be limited with resistance at the .8550/75 area expected to cap. Gains above these, if seen, would open up room for stronger gains to to strong resistance at the .8600/10 congestion and February low.