GBP/USD Tests Key 1.3585 Resistance Amid Technical Battle

GBP/USD approached the critical 1.3585 resistance level during Asian trading, gaining 0.15% to 1.3570 as bulls attempted to break through this key technical barrier for the third time this month. The psychological level has capped advances since early August, creating a well-defined ceiling that traders are closely monitoring. Market structure analysis reveals strong buying interest above 1.3520 support, with momentum indicators showing positive divergence on the 4-hour timeframe. A decisive break above 1.3585 could trigger stop-loss orders and accelerate gains toward 1.3650, while failure might prompt a retracement to 1.3500. Volume patterns suggest accumulation near current levels, though conviction remains limited ahead of UK economic data releases later this week. Technical traders are positioning for a potential breakout, with the pair's ability to sustain moves above resistance likely determining near-term directional bias.