Published: 2026-05-11T01:53:39.000Z
Chart GBP/USD Update: Pressuring resistance at 1.3600/50
1
Still limited above the 1.3600 level but pressure building on the upside as prices extend bounce from the 1.3512/00 support
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3788 | ** | Jul 2025 year high | S1 | 1.3512/00 | * | 4 May low, congestion | |
| R3 | 1.3700 | * | congestion | S2 | 1.3450 | ** | 23 Apr low, congestion | |
| R2 | 1.3650 | ** | congestion | S3 | 1.3400 | * | congestion | |
| R1 | 1.3600 | * | 17 Apr high, congestion | S4 | 1.3350 | * | congestion |
Asterisk denotes strength of level
01:50 GMT - Still limited above the 1.3600 level but pressure building on the upside as prices extend bounce from the 1.3512/00 support. Above here will see room for retest of the 1.3650 resistance. Break here is needed to open up room for stronger gains to retrace the January/April losses and see room to resistance at the 1.3700 level. Clearance here will return focus to 1.3788 and 1.3869, July 2025 and January current year highs. Meanwhile, support remains at the 1.3512/00 congestion area should underpin and sustain bullish gains from the 1.3160 March current year low.