Published: 2026-09-21T01:41:21.000Z
Chart GBP/USD Update: Turning higher in consolidation
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Limited on break of the 1.3350/45 congestion and 61.8% Fibobacci level as prices turned up to consolidate sharp losses from the 1.3568, 9 September high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3500 | * | congestion | S1 | 1.3345 | * | 61.8% Jun/Aug rally | |
| R3 | 1.3475 | ** | 2 Sep low | S2 | 1.3300 | ** | congestion | |
| R2 | 1.3450 | * | congestion | S3 | 1.3273 | * | 28 Jul low | |
| R1 | 1.3400 | * | congestion | S4 | 1.3250 | * | congestion |
Asterisk denotes strength of level
01:45 GMT - Limited on break of the 1.3350/45 congestion and 61.8% Fibobacci level as prices turned up to consolidate sharp losses from the 1.3568, 9 September high. Resistance is at the 1.3400 level and regaining this will ease the downside pressure and see room for stronger bounce to retest previous support turned resistance at 1.3450/75 area. Meanwhile, break of the 1.3350/45 support, if seen, will further extend losses from the 1.3675 August high to retrace the June/August rally towards support at the 1.3300 level and 1.3273, late-July low.