Published: 2025-12-19T01:59:13.000Z
Chart GBP/USD Update: Extend choppy trade around 1.3400 level
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Little change, as prices extend choppy trade around the 1.3400 level following pullback from the 1.3455 high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.3600 | * | congestion | S1 | 1.3300 | * | congestion | |
| R3 | 1.3500/27 | ** | congestion, 1 Oct high | S2 | 1.3250 | * | congestion | |
| R2 | 1.3455 | * | 16 Dec high | S3 | 1.3215/00 | ** | 13 Nov high, congestion | |
| R1 | 1.3400 | * | congestion | S4 | 1.3140 | * | Aug low |
Asterisk denotes strength of level
01:50 GMT - Little change, as prices extend choppy trade around the 1.3400 level following pullback from the 1.3455 high. Would take break of support at the 1.3300 congestion to open up room for deeper pullback to retrace the gains from the 1.3038/10 November lows to the 1.3250 congestion. Lower still, will see room to strong support at the 1.3215/00 area which is expected to underpin and give way to renewed buying interest later. Break above the 1.3400 level and the 1.3455 high will see room for extension to strong resistance at the 1.3500/27 congestion and 1st October high.