Published: 2026-06-17T07:51:56.000Z
Chart EUR/GBP Update: Edging higher
-
Little change, as prices extend cautious trade within the 0.8640 - 0.8660 range
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.8725 | ** | congestion | S1 | 0.8640 | * | congestion | |
| R3 | 0.8695/00 | ** | GBP/EUR 1.1500; congestion | S2 | 0.8620 | ** | GBP/EUR 1.1600 | |
| R2 | 0.8680 | * | congestion | S3 | 0.8612 | ** | Feb-Mar YTD lows | |
| R1 | 0.8660 | * | congestion | S4 | 0.8600 | ** | congestion |
Asterisk denotes strength of level
08:40 BST - Little change, as prices extend cautious trade within the 0.8640 - 0.8660 range. Daily stochastics and the daily Tension Indicator have ticked higher, highlighting room for a test of congestion resistance at 0.8660. A break will open up further congestion around 0.8680. But negative weekly charts should prompt renewed selling interest towards here and limit any tests in renewed consolidation. Meanwhile, support remains at congestion around 0.8640 and should underpin any immediate setbacks. A break, if seen, should give way to consolidation above 0.8620, (GBP/EUR 1.1600).