Published: 2026-07-15T01:46:14.000Z
Chart GBP/USD Update: Higher in consolidation
1
Higher in range from the 1.3342 low to pressure the 1.3400 level
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3550 | congestion | S1 | 1.3342 | * | 13 Jul low | ||
| R3 | 1.3500/10 | ** | congestion, 25 May high | S2 | 1.3300 | ** | May low | |
| R2 | 1.3450 | ** | 10 Jul high | S3 | 1.3250/00 | * | congestion | |
| R1 | 1.3400 | * | congestion | S4 | 1.3140 | ** | 24 Jun YTD low |
Asterisk denotes strength of level
01:35 GMT - Higher in range from the 1.3342 low to pressure the 1.3400 level. Clearance here will return focus to resistance at 1.3450/75 congestion and channel top. Break here, if seen, will extend gains from the 1.3140 June current year low and see room to the 1.3500 level though potential will be for stronger gains to retest 1.3600/50, April/May highs. Meanwhile, support is raised to 1.3342 low and extending to 1.3300 May low. Would take break here to return focus to the downside and see deeper pullback to the 1.3250/00 congestion area.