Published: 2026-06-15T02:02:07.000Z
Chart GBP/USD Update: Extending bounce from 1.3300 support
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Extending bounce from support at the 1.3300 low of last week to reach resistance at the 1.3450 congestion
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3600 | * | 17 Apr high, congestion | S1 | 1.3350 | * | congestion | |
| R3 | 1.3550 | * | congestion, channel | S2 | 1.3300 | ** | May low | |
| R2 | 1.3485/00 | ** | 29 May high, congestion | S3 | 1.3250 | * | congestion | |
| R1 | 1.3450 | * | congestion | S4 | 1.3200 | congestion |
Asterisk denotes strength of level
02:00 GMT - Extending bounce from support at the 1.3300 low of last week to reach resistance at the 1.3450 congestion. Daily studies are unwinding oversold readings and lift over the latter will see room for extension to retest of strong resistance at the 1.3485/1.3500 area. Clearance here will revive upside focus and open up room towards 1.3600/50, April/May highs. Menwhile, support at the 1.3350 congestion should underpin and sustain bounce from the 1.3300 May low. Only below here will see room to 1.3250/1.3160 congestion and March current year low.