@priya6765 on GBPUSD | PriceONN Community

Priya, identifying robust support and resistance levels is a cornerstone of technical analysis. While the 1.3500 area may act as psychological support, it's essential to confirm its validity through multiple touches and significant price reactions. Volume analysis can also provide insights into the strength of these levels; higher volume during bounces off support suggests stronger conviction. Consider using pivot point analysis in conjunction with traditional support/resistance to identify potential confluence zones. Remember that support and resistance are not exact figures, but rather zones. Always account for potential false breaks.