Published: 2025-11-13T01:51:53.000Z
Chart GBP/USD Update: Leaning lower from the 1.3190 high
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Leaning lower from Monday's 1.3190 high as prices consolidate gains from the 1.3010 low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3400 | * | congestion | S1 | 1.3100 | * | congestion | |
| R3 | 1.3300/24 | ** | congestion, Sep low | S2 | 1.3010/00 | ** | 4 Nov low, congestion | |
| R2 | 1.3248 | * | 14 Oct low | S3 | 1.2945 | * | 50% Jan/Jul rally | |
| R1 | 1.3200 | * | congestion | S4 | 1.2900 | congestion |
Asterisk denotes strength of level
01:45 GMT - Leaning lower from Monday's 1.3190 high as prices consolidate gains from the 1.3010 low. Daily studies have turned mixed and threatens break of the 1.3100 level to open up room for retest of the 1.3010/1.3000 support. Would expect this area to underpin and give way to fresh buying interest. Meanwhile, resistance is at the 1.3190/1.3200 area. Clearance here will see room for stronger bounce to resistance at 1.3248. Higher still, will see room to strong resistance at the 1.3300/24, congestion and September low.