Published: 2026-01-15T01:22:33.000Z
Chart GBP/USD Update: Extend consolidation within 1.3500/1.3400 range
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Little change, as prices extend consolidation above the 1.3400/1.3390 support
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3726 | ** | Sep high | S1 | 1.3390 | * | 12 Jan low | |
| R3 | 1.3600 | * | congestion | S2 | 1.3350 | * | congestion | |
| R2 | 1.3568 | * | 6 Jan YTD high | S3 | 1.3300 | * | congestion | |
| R1 | 1.3500 | * | congestion | S4 | 1.3215/00 | ** | 13 Nov high, congestion |
Asterisk denotes strength of level
01:20 GMT - Little change, as prices extend consolidation above the 1.3400/1.3390 support. Negative intraday and daily studies weighs and threatens break here to open up room for deeper pullback to retrace gains from the 1.3010 November low. Lower will see room for deeper pullback to support at the 1.3350/1.3300 congestion area. Meanwhile, resistance at the 1.3500 congestion is expected to cap. Would take break here to clear the way for retest of the 1.3568 high and see room for extension to resistance at the 1.3600 level.