Published: 2026-11-11T02:09:19.000Z
Chart GBP/USD Update: Lower in choppy trade
2
Lower in choppy trade after failing to sustain probes above resistance at the 1.3450 congestion
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3600 | * | congestion | S1 | 1.3300 | * | congestion | |
| R3 | 1.3550/68 | * | congestion, Sep high | S2 | 1.3273 | ** | 28 Jul low | |
| R2 | 1.3500 | ** | congestion | S3 | 1.3200 | * | congestion | |
| R1 | 1.3400/50 | * | congestion | S4 | 1.3137 | ** | 14 Oct YTD low |
Asterisk denotes strength of level
02:00 GMT - Lower in choppy trade after failing to sustain probes above resistance at the 1.3450 congestion. Rejection there see pressure returning to the downside to extend losses from the 1.3500 high of last week to approach strong support at the 1.3300/1.3273 congestion and late-July low. Break here, if seen, return focus to the downside for retest of the 1.3200 level and 1.3140/37 lows. Meanwhile, resistance is at the 1.3400/50 congestion area. Would need to clear this to expose the 1.3500 high to retest.