Published: 2026-06-03T07:39:38.000Z
Chart GBP/USD Update: Consolidating
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Little change, as prices extend cautious trade around support at 1.3450
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3657 | ** | 1 May (m) high | S1 | 1.3450 | break level | ||
| R3 | 1.3600 | * | congestion | S2 | 1.3400 | ** | congestion | |
| R2 | 1.3550 | * | congestion | S3 | 1.3367 | * | 28 May (w) low | |
| R1 | 1.3500 | ** | congestion | S4 | 1.3300 | ** | congestion |
Asterisk denotes strength of level
08:10 BST - Little change, as prices extend cautious trade around support at 1.3450. Intraday studies are turning down, highlighting room for a test beneath here. But positive daily readings should limit scope in renewed buying interest/consolidation above congestion support at 1.3400. Meanwhile, resistance remains at 1.3500. However, rising daily stochastics are beginning to show signs of flattening in overbought areas, suggesting any immediate tests above here could be limited in consolidation beneath further congestion around 1.3550.