Published: 2026-04-14T01:57:06.000Z
Chart GBP/USD Update: Pressuring 1.3500/10 resistance
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Bounce from the 1.3380 support has seen strong gains through the 1.3480 resistance to reach strong resistance at the 1.3500/10
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3650 | * | congestion | S1 | 1.3450 | * | congestion | |
| R3 | 1.3600 | * | congestion | S2 | 1.3400 | * | congestion | |
| R2 | 1.3575 | * | 26 Feb high | S3 | 1.3380 | ** | 13 Apr low | |
| R1 | 1.3500/10 | ** | congestion, 6 Feb low | S4 | 1.3345 | * | 1 Apr high |
Asterisk denotes strength of level
01:50 GMT - Bounce from the 1.3380 support has seen strong gains through the 1.3480 resistance to reach strong resistance at the 1.3500/10 area. Positive daily studies suggest consolidation here giving way to renewed buying pressure to extend gains from the 1.3160, March current year low. Break will see room for extension to resistance at the 1.3575 high of 26 February and the 1.3600 congestion. Meanwhile, support is raised to the 1.3450 congestion which should underpin. Below here will open up room for retest of support at the 1.3400/1.3380 area.