Published: 2026-09-23T02:07:40.000Z
Chart GBP/USD Update: Extending losses
-
Consolidation above the 1.3345/35 support has given way to break to extend losses from the 1.3675, August high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3475 | ** | 2 Sep low | S1 | 1.3300 | ** | congestion | |
| R3 | 1.3450 | * | congestion | S2 | 1.3273 | * | 28 Jul low | |
| R2 | 1.3400 | * | congestion | S3 | 1.3250 | * | congestion | |
| R1 | 1.3350 | * | congestion | S4 | 1.3200 | * | channel |
Asterisk denotes strength of level
02:00 GMT - Consolidation above the 1.3345/35 support has given way to break to extend losses from the 1.3675, August high. Negative daily and weekly studies keep focus firmly on the downside and lower will see room to the 1.3300 level then the 1.3273, late-July low. Lower still, will see room to the 1.3250 congestion. Meanwhile, resistance is lowered to 1.3350 congestion which extend to 1.3400 level. Regaining these will ease the downside pressure and see room for stronger bounce to retest previous support turned resistance at 1.3450/75 area.