Published: 2026-05-08T01:37:47.000Z
Chart GBP/USD Update: Still limited above 1.3600
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Still limited above the 1.3600 level as prices struggles to sustain probes to retest the 1.3650 resistance
| 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
01:35 GMT - Still limited above the 1.3600 level as prices struggles to sustain probes to retest the 1.3650 resistance. Break here is needed to open up room for stronger gains to retrace the January/April losses. A later break here will 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 Tuesday's low and congestion area which should underpin and sustain bullish gains from the 1.3160 March current year low.