Published: 2025-09-15T01:53:38.000Z
Chart GBP/USD Update: Pressuring 1.3590/95 highs
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Pressure remains on the upside following bounce from the 3 September low at 1.3333 to retest the 1.3590/95 highs
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3788 | * | 1 Jul YTD high | S1 | 1.3500 | * | congestion | |
| R3 | 1.3700 | * | congestion | S2 | 1.3450/00 | * | congestion | |
| R2 | 1.3680 | * | 4 Jul high | S3 | 1.3370 | ** | Jun, 16 Jul lows | |
| R1 | 1.3595/00 | ** | Aug high, congestion | S4 | 1.3333 | * | 3 Sep low |
Asterisk denotes strength of level
01:50 GMT - Pressure remains on the upside following bounce from the 3 September low at 1.3333 to retest the 1.3590/95 highs. Break here and the 1.3600 level will extend gains from the 1.3140 August low and see room to the 1.3680/1.3700 congestion area. Beyond this will see potential for retest of the 1.3788, 1 July YTD high. Meanwhile, support at the 1.3500 congestion is expected to underpin. Failure to hold this will fade the upside pressure and see prices settling back in consolidation towards 1.3400/1.3370 area.