Published: 2025-10-13T02:08:24.000Z
Chart GBP/USD Update: Higher in consolidation
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Higher in range from the 1.3262 low as prices consolidate losses last week and unwind oversold intraday studies

Level | Comment | Level | Comment | |||||
---|---|---|---|---|---|---|---|---|
R4 | 1.3536 | * | 23 Sep high | S1 | 1.3300 | congestion | ||
R3 | 1.3500 | * | congestion | S2 | 1.3262 | * | 10 Oct low | |
R2 | 1.3444 | * | Apr high | S3 | 1.3200 | * | congestion | |
R1 | 1.3400 | * | congestion | S4 | 1.3140 | ** | May, Aug lows |
Asterisk denotes strength of level
02:00 GMT - Higher in range from the 1.3262 low as prices consolidate losses last week and unwind oversold intraday studies. However, the downside still vulnerable and lower high sought for retest of the 1.3262 low later. Below this will extend the losses from the 1.3726 September high and see room to support at the 1.3200 level and 1.3140, August low. Meanwhile, resistance is at the 1.3400/44 congestion area which is expected to cap. Clearance will ease the downside pressure and see room for retest of the 1.3500/27 swing high.