Published: 2026-10-30T02:03:53.000Z
Chart GBP/USD Update: Retest 1.3400/20 highs
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Sharply higher as prices extend bounce from strong support at the 1.3300/1.3273 area to retest resistance at the 1.3400/20 congestion
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3500 | * | congestion | S1 | 1.3350 | * | congestion | |
| R3 | 1.3475 | ** | 2 Sep low | S2 | 1.3300 | ** | congestion | |
| R2 | 1.3450 | * | congestion | S3 | 1.3273 | * | 28 Jul low | |
| R1 | 1.3400/20 | ** | congestion, 22 Oct high | S4 | 1.3200 | * | congestion |
Asterisk denotes strength of level
02:00 GMT - Sharply higher as prices extend bounce from strong support at the 1.3300/1.3273 area to retest resistance at the 1.3400/20 congestion and swing high of last week. Positive daily and weekly studies suggest consolidation here giving way to break later to retrace losses from the August high. Clearance will see room to the 1.3450 congestion then the strong resistance at 1.3475/1.3500 area. Meanwhile, support is raised to the 1.3350 congestion which should underpin and sustain bounce from the 1.3300/1.3273 area.