Published: 2026-07-27T02:14:38.000Z
Chart GBP/USD Update: Higher in range from 1.3300 support
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Higher in range from test of strong support at the 1.3300 May low as prices consolidate sharp drop from the 1.3550 mid-July high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3550/58 | ** | congestion, 15 Jul high | S1 | 1.3300 | ** | May low | |
| R3 | 1.3500 | * | congestion | S2 | 1.3250 | * | congestion | |
| R2 | 1.3450 | * | congestion | S3 | 1.3200 | * | congestion | |
| R1 | 1.3400 | * | congestion | S4 | 1.3140 | ** | 24 Jun YTD low |
Asterisk denotes strength of level
02:05 GMT - Higher in range from test of strong support at the 1.3300 May low as prices consolidate sharp drop from the 1.3550 mid-July high. Bounce see resistance at the 1.3400 congestion. Would need to regain this to ease the downside pressure and see room for stronger gains back to 1.3450 congestion. Clerance here will return focus to the upside for retest of the 1.3500 level and 1.3550 high. Meanwhile, support at the 1.3300 level should underpin. Only below here will extend losses to the 1.3250/00 congestion area.