GBP/USD AI Live Scan, 15-minute chart, Monday, 2 November 2026

Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

23:46 UTC

Pullback from day high, drifting lower · RSI 41 · price 1.34056

Lower highs since NY open; compressing above the London low.

The oil-driven USD slide lifted GBPUSD through the Asian high to a 1.3448 day high in early London. That spike was rejected, and price has faded back to the 61.8% retrace of the move to the day high near 1.3405. Early Asia trade is compressing just above the london low at 1.3401, under a lower-highs line from the 1.3431 ny high to the 1.3416 late ny high, with RSI(14) near 41 and both EMAs overhead.

Support: 1.3401, 1.3379

Resistance: 1.3416, 1.3431, 1.3448

What it said to watch

  • M15 close below the london low at 1.3401 breaks the 61.8% retrace and opens the asian low at 1.3379
  • Close above the late ny high at 1.3416 breaks the lower-highs line; the ny high at 1.3431 and the day high at 1.3448 sit above
  • US midterm results and US-Iran/oil headlines remain the main USD driver into Tuesday and could shift this read

23:31 UTC

Post-spike pullback, drifting lower · RSI 40 · price 1.34056

Lower highs pressing a flat 1.3401 shelf.

London open broke the Asian range on the oil-driven USD slide and ran to a 1.3448 session high, which was rejected. Since then, lower highs at 1.3431, 1.3427 (ny high) and 1.3414 (swing high) have pressed into the 1.3401 london low, which has held three times. Price is quiet at 1.3405 in the post-rollover lull, on the 61.8% retrace of the Asia-London leg, with RSI(14) near 40 and price below both EMAs.

Support: 1.3401, 1.3379

Resistance: 1.3414, 1.3427, 1.3448

What it said to watch

  • An M15 close below the 1.3401 london low breaks the three-touch shelf and exposes the 1.3379 asian low.
  • A close above the lower-highs trendline (~1.3411) and the 1.3414 swing high invalidates the lower-high sequence, with the 1.3427 ny high above that.
  • US midterm results overnight and JOLTS at 15:00 UTC could materially shift this read.

23:16 UTC

Post-spike pullback, lower highs since NY open · RSI 40 · price 1.34037

Lower highs pressing a flat 1.3401 range floor.

The London rally carried price from the 1.3379 Asian low to a 1.3448 day high as the USD fell with crude, then a rejection retraced about 64% of the move. Lower highs since the 1.3431 NY high now track a descending trendline. Price sits on the 1.3401 range floor near the 61.8% fib in thin post-rollover trade, with RSI(14) at 40 and ATR(14) around 4 pips.

Support: 1.3401, 1.3394, 1.3379

Resistance: 1.3418, 1.3431, 1.3448

What it said to watch

  • An M15 close below the 1.3401 range floor opens the fib 78.6 at 1.3394, then the 1.3379 Asian low
  • A close above the descending trendline and the 1.3418 lower high breaks the lower-high sequence and exposes the 1.3431 NY high
  • The 1.3448 day high stays the cap on the structure unless cleared
  • US midterm results and Tuesday's JOLTS at 15:00 UTC could materially shift this read; Asia session liquidity is thin until then

23:01 UTC

Intraday pullback after London spike, lower highs · RSI 42 · price 1.34046

Lower highs since NY open pressing a 1.3400-1.3403 base.

The oil-driven USD slide lifted GBPUSD from 1.3379 in Asia to a 1.3448 day high at the London open. That move met rejection and has retraced roughly 63%. Since the 1.3431 NY high, price has printed a chain of lower highs, and it now sits at the 61.8% fib just above the 1.3401 london low in thin post-rollover trade, with ATR compressed to about 4 pips.

Support: 1.3401, 1.3394

Resistance: 1.3416, 1.3431, 1.3448

What it said to watch

  • Failure to hold the 1.3401 london low confirms a lower-low and exposes the fib 78.6% near 1.3394
  • M15 close above the descending trendline and the 1.3416 lower high breaks the lower-high sequence, reopening the 1.3431 ny high
  • Crude / US-Iran headlines are driving the USD leg and could reprice the pair during the Asia session
  • US midterms Tue (results overnight Nov 3-4) could materially shift this read

22:46 UTC

Pullback from London spike, drifting lower · RSI 34 · price 1.34032

Lower highs from NY into a flat 1.3401–1.3403 base.

London spiked to a 1.3448 session high on broad USD softness from the oil slide, was rejected, and gave back the move to the 1.3401 London low. NY then printed lower highs at the 1.3427 NY high and the 1.3418 lower high against a flat base. Early Asia sits on that base, just under the 61.8% retrace of the London rally, with RSI(14) near 34 and price below both EMAs.

Support: 1.3401, 1.3393, 1.3379

Resistance: 1.3418, 1.3427, 1.3448

What it said to watch

  • M15 close below the 1.3401 London low breaks the flat base and exposes the 1.3393 pre-London low and the 1.3379 Asian low
  • Close above the 1.3418 lower high and the lower-highs trendline invalidates the fade read
  • Failure to reclaim the 61.8% retrace at ~1.3405 keeps the pullback intact
  • US midterm vote on Tuesday, with results overnight into Wednesday, could materially shift this read

22:31 UTC

Pullback from session high, drifting lower · RSI 39 · price 1.3405

Lower highs inside 1.3400–1.3427 NY range.

London printed the session high at 1.3448 on broad USD softness from the oil slide, then faded. NY ranged between 1.3400 and the 1.3427 NY highs under a lower-highs trendline. Into the Asia session price sits at 1.3405, on the 61.8% fib of the Asian low to session high leg, retesting swing lows near 1.3400 with RSI(14) near 39.

Support: 1.3401, 1.3379

Resistance: 1.3427, 1.3448

What it said to watch

  • A close below the 1.3400 swing lows breaks the NY range floor and puts the 1.3379 Asian low in play
  • A close above the lower-highs trendline and the 1.3427 NY highs reopens a test of the 1.3448 session high
  • US midterm elections Tue Nov 3 could materially shift USD and this read

22:16 UTC

Range after failed London breakout, lower highs · RSI 46 · price 1.34058

1.3400–1.3427 range since late London, lower highs into flat floor.

London cleared the Asian range and ran to a six-week session high at 1.3448 on broad USD softness, then met rejection below 1.3450. NY has held a 1.3400–1.3427 range with lower highs off the ny high. Price is quiet post-rollover at 1.3406, sitting on the 61.8% of the London leg fib just above the range floor, RSI(14) ~46.

Support: 1.34005, 1.33789

Resistance: 1.34161, 1.3427, 1.34479

What it said to watch

  • M15 close below the 1.3400 range floor opens the asian low at 1.3379
  • Recovery above the 1.3416 swing high and then 1.3427 ny high breaks the lower-high sequence
  • US midterms Tuesday and JOLTS at 15:00 UTC are the next USD-side catalysts for this range

22:01 UTC

Post-spike pullback, lower highs since NY open · RSI 47 · price 1.34065

Descending highs compressing into the 1.3401 London low.

London broke the Asian range and spiked to a six-week session high at 1.3448 on broad USD softness tied to the oil slide, then was rejected. The move fully unwound to a retest of the old Asian top near the 1.3401 London low. Since then NY has printed a chain of lower highs from the 1.3431 NY high, with price now drifting late-session at 1.3406 on the 61.8% fib and RSI(14) neutral near 47.

Support: 1.34053, 1.34008, 1.33789

Resistance: 1.34181, 1.34309, 1.34479

What it said to watch

  • M15 close below the 1.3401 london low breaks the post-spike base and exposes the 1.3379 asian low
  • M15 close above the 1.3418 lower high breaks the descending trendline and reopens the 1.3431 ny high
  • Reclaim of the 1.3448 session high is needed to revive the London breakout
  • US midterm results overnight into Wed could materially shift USD and this read

21:46 UTC

Sideways, lower highs since NY open · RSI 49 · price 1.34087

Compressing above 1.3403 range floor under descending highs.

London's leg out of the Asian range on oil-driven USD softness hit the 1.3448 london high, then gave back almost all of it. Since then the 1.3401–1.3405 range floor, which lines up with the 61.8% retracement, has held three times while the NY high at 1.3431 has given way to steadily lower highs. Late NY trade is flat near 1.3409, with RSI neutral around 49 and ATR(14) about 5 pips.

Support: 1.34035, 1.33789

Resistance: 1.34181, 1.34309, 1.34479

What it said to watch

  • M15 close below the 1.3403 range floor breaks the 61.8% level and opens the 1.3379 asian low
  • Close above the 1.3418 lower high and the descending-highs line ends the compression; 1.3431 ny high is next
  • US midterm results overnight into Wed could materially shift this read

21:31 UTC

Range after London spike, lower highs · RSI 43 · price 1.34068

1.3401–1.3431 range with descending highs pressing the floor.

London lifted GBPUSD out of the Asian range to a 1.3448 session high on broad USD softness from the oil slide. Rejection there sent price back to the 1.3401 range floor. Since then the pair has held a 1.3401–1.3431 range capped by the ny high, with lower highs along a falling trendline; price now sits on the fib 61.8 at 1.3405 in thin late-NY trade, RSI(14) 43.

Support: 1.3405, 1.3401, 1.3379

Resistance: 1.3418, 1.3431, 1.3448

What it said to watch

  • M15 close below the 1.3401 range floor opens the asian low at 1.3379
  • Close above the trendline near 1.3418 and the 1.3431 ny high breaks the lower-high sequence
  • Session high at 1.3448 caps the day; a retest there is the range-expansion trigger
  • US midterm results and Tuesday JOLTS could materially shift USD across the next sessions

21:16 UTC

Range after London rejection, lower highs · RSI 42 · price 1.34088

1.3403–1.3431 range, compressing under descending lower highs.

London broke the Asian range and ran to a six-week london high at 1.3448 on broad USD softness from the oil slide. Price was rejected back to 1.3401, the 61.8% retrace of the asian low–london high leg. Since then it has held a range with a 1.3403 range low, and each lower high off the 1.3431 ny open high has come in under 1.3418; late NY sits at 1.3409 with RSI(14) near 42.

Support: 1.3403, 1.3379

Resistance: 1.3418, 1.3431, 1.3448

What it said to watch

  • M15 close below the 1.3403 range low (61.8% fib) opens the Asian range and the 1.3379 asian low
  • Close above the lower-high trendline near 1.3418 ends the compression and brings the 1.3431 ny open high back into play
  • US midterm results and Tuesday JOLTS (15:00 UTC) could shift USD tone and break the range

21:01 UTC

Intraday pullback after London spike, drifting lower · RSI 43 · price 1.34094

Lower highs since 13:30 UTC compressing onto a flat 1.3401–1.3405 floor.

The London open broke the Asian range high and ran to a 1.3448 session high, a six-week high on broad USD softness from the oil slide. Price was then rejected back to a 1.3401 swing low, which retests the 1.3405 Asian high and sits near the 61.8% fib of the Asian low-session high rally. NY hours have printed lower highs at 1.3431 (NY high), 1.3427 and 1.3418 along a descending trendline, with price at 1.3409 late in the session and RSI(14) near 43.

Support: 1.3401, 1.3379

Resistance: 1.3418, 1.3431, 1.3448

What it said to watch

  • M15 close below the 1.3401 swing low breaks the Asian high retest and exposes the 1.3379 Asian low
  • Close above the descending trendline and the 1.3418 lower high reopens the 1.3431 NY high, then the 1.3448 session high
  • US midterm results overnight could materially shift this read during the Asia session; JOLTS follows Tue 15:00 UTC

20:31 UTC

Sideways after London spike, highs stepping lower · RSI 44 · price 1.34108

Lower highs against a flat 1.3403 floor, compressing.

London lifted the pair out of the Asian range to a six-week London high at 1.3448 on broad USD softness tied to the oil slide. Price then met rejection and retraced to 1.3401, near the 61.8% fib of the asian low-to-London high leg. Since then, NY has printed lower highs at the 1.3431 ny high, then 1.3427 and the 1.3418 lower high, against a flat 1.3403 swing low floor. The pair is compressing into the post-NY lull with RSI(14) near 44.

Support: 1.3403, 1.3379

Resistance: 1.3418, 1.3431, 1.3448

What it said to watch

  • M15 close below the 1.3403 swing low breaks the afternoon floor and exposes the 1.3379 asian low
  • Close above the 1.3418 lower high and the descending trendline ends the lower-high sequence; 1.3431 ny high next, then 1.3448 london high
  • US midterm results overnight could materially shift this read during the Asia session

20:16 UTC

Range after London spike-and-fade · RSI 45 · price 1.34118

Lower highs pressing a flat 1.3401–1.3403 floor.

The London rally from the 1.3379 Asian low ran to a 6-week high at 1.3448 on USD softness tied to the oil slide. It was rejected there and gave back about 61.8% of the move to the 1.3402 range floor. Since then price has compressed late in the NY session, with lower highs off the 1.3431 NY high and a flat floor that was tested again at 1.3403. RSI(14) sits near 45, mid-range.

Support: 1.3402, 1.3379

Resistance: 1.3418, 1.3431, 1.3448

What it said to watch

  • M15 close above the lower highs line near 1.3418, then the 1.3431 NY high, breaks the compression
  • Failure to hold the 1.3402 range floor exposes the 1.3379 Asian low
  • US midterm results overnight and JOLTS Tue 15:00 UTC could materially shift this read
  • A sustained hold under the 1.3448 6-week high keeps the rejection read intact into Thursday's BoE

20:01 UTC

Range after London spike faded, lower highs · RSI 45 · price 1.34107

Lower highs since NY open, floor at 1.3403.

London broke the 1.3379 asian low to 1.3405 Asian range and printed a London high at 1.3448 on oil-driven USD softness, then faded. NY has ranged under a 1.3431 NY high with lower highs, and the 1.3416 swing high caps a late-NY bounce. Price sits at 1.3411, between the 50% and 61.8% London leg fib, with the 1.3403 NY low holding twice.

Support: 1.3403, 1.3379

Resistance: 1.3416, 1.3431, 1.3448

What it said to watch

  • M15 close below the 1.3403 NY low breaks the range floor and exposes the 1.3379 Asian low
  • Close above the 1.3416 swing high and the lower highs line opens a retest of the 1.3431 NY high
  • US midterm results overnight could materially shift this read in the Asian session
  • Rejection at the 1.3448 London high stays the reference for the session high ahead of Thursday's BoE

19:46 UTC

Intraday pullback, lower highs since London peak · RSI 40 · price 1.34074

Lower highs from 1.3448 pressing a flat 1.3400–1.3403 base, late NY session.

London broke the Asian range high and ran to a 1.3448 6wk high on oil-driven USD softness, then faded hard. NY has carved lower highs from the 1.3431 ny high and the 1.3416 swing high into a flat base at the 1.3400 london low and 1.3403 ny low. Late in the NY session, price sits near the 61.8% retrace of the Asian low rally with RSI(14) around 40.

Support: 1.3403, 1.3400, 1.3379

Resistance: 1.3416, 1.3431, 1.3448

What it said to watch

  • M15 close below the 1.3400 london low and 1.3403 ny low breaks the base and opens the 1.3379 asian low
  • Close above the 1.3416 swing high and the lower-highs trendline weakens the pullback read; the 1.3431 ny high sits above
  • US midterm results overnight could materially shift this read during the Asia session

19:31 UTC

Flat after London spike, lower highs since midday · RSI 48 · price 1.34116

Compressing under a descending lower-high line; floor 1.3400–1.3403 holding.

London open broke the Asian range and ran to a 6wk high at 1.3448 on broad USD softness tied to the oil slide, then faded the whole leg back into the 61.8% fib zone near 1.3405. Since then, NY high 1.3431 led a chain of lower highs down to the 1.3416 bounce high, while the ny low at 1.3403 and psych 1.3400 keep absorbing dips. RSI(14) is neutral near 47, ATR around 6–7 pips.

Support: 1.3403, 1.3400, 1.3379

Resistance: 1.3416, 1.3431, 1.3448

What it said to watch

  • M15 close above the lower-high line and 1.3416 bounce high reopens the 1.3431 ny high
  • Failure to hold psych 1.3400 / ny low 1.3403 breaks the post-London floor and exposes the 1.3379 asian low
  • US midterm results overnight could gap or materially shift this read in Asia session

19:16 UTC

Post-London spike, ranging with lower highs · RSI 49 · price 1.34147

NY range 1.3403–1.3431 above the Asian high, lower highs since NY open.

London broke the Asian high near 1.3401 and ran to a 1.3448 session high on USD softness from the oil slide. Rejection there led to a full retest of 1.3401, and NY has since ranged 1.3403–1.3431 with lower highs. The late-NY bounce off the 1.3403 ny low has price back at the 50% fib of the London move, sitting on flat EMA20/50 with RSI(14) at 49.

Support: 1.3403, 1.3379

Resistance: 1.3424, 1.3431, 1.3448

What it said to watch

  • M15 close above the lower-highs trendline and the 1.3424 swing high puts the 1.3431 ny high and the 1.3448 session high back in focus
  • Failure to hold the 1.3403 ny low and the 61.8% fib at 1.3405 breaks the Asian-high retest and exposes the 1.3379 asian low
  • US midterm results flowing overnight into the Asia session could break this range; JOLTS Tue 15:00 UTC is the next scheduled USD risk

19:01 UTC

Pullback from London high, lower highs in NY · RSI 35 · price 1.34056

1.3401–1.3431 range, price at range floor.

London open broke the Asian range and ran to a session high at 1.3448 on broad USD softness, then was sharply rejected. NY has carved lower highs from the 1.3431 NY high inside a 1.3401–1.3431 range, and the late-NY slide has price on the 61.8% fib near 1.3405, just above the London low at 1.3401, with RSI(14) near 35.

Support: 1.3401, 1.3379

Resistance: 1.3424, 1.3431, 1.3448

What it said to watch

  • M15 close below the 1.3401 london low breaks the NY range and exposes the 1.3379 asian low
  • Close above the lower highs trendline near 1.3424 and the 1.3431 ny high invalidates the pullback read
  • US midterm results flowing overnight into Asia could materially shift this read

18:46 UTC

Intraday pullback, lower highs since London · RSI 32 · price 1.34045

NY range 1.3401–1.3431 with lower highs; price pressing range floor.

London broke the Asian range and ran to a 1.3448 session high as the oil slide weighed on USD, then gave back the leg. NY has printed lower highs at the 1.3431 ny high and 1.3424, and late NY is now retesting the 1.3401 london low at the 61.8% fib of the Asia-London leg, RSI(14) near 32.

Support: 1.3401, 1.3393, 1.3379

Resistance: 1.3424, 1.3431, 1.3448

What it said to watch

  • M15 close below the 1.3401 london low breaks the NY range floor and exposes the 1.3393 asia pivot (78.6% fib), then the 1.3379 asian low
  • Reclaim of the 1.3424 lower high and the descending NY trendline would break the lower-high sequence; 1.3431 ny high caps the range
  • Loan Officer Survey at 19:00 UTC and US midterm results flowing into the Asia session could shift this read

18:31 UTC

Pullback from London high, lower highs · RSI 33 · price 1.34067

NY range 1.3408–1.3431 broken lower; lower-high sequence since 1.3448.

London lifted GBPUSD out of the 1.3379–1.3405 Asian range to a 1.3448 session high as oil's slide weighed on USD. Price has since given back ~40 pips with lower highs at 1.3431 and the 1.3424 swing high, and late NY has slipped through the 1.3408 NY low onto the 61.8% fib of the London rally, just above the 1.3401 London low. RSI(14) ~33, soft but not stretched.

Support: 1.34053, 1.34008, 1.33789

Resistance: 1.34078, 1.34242, 1.34479

What it said to watch

  • M15 close below the 1.3401 london low extends the lower-high sequence and exposes the 1.3379 asian low
  • Recovery back above the 1.3408 ny low and the 1.3424 swing high negates the breakdown read; 1.3448 session high caps above that
  • Fed Loan Officer Survey at 19:00 UTC and Tuesday's US midterms can jolt USD in thin late-NY trade

18:16 UTC

Intraday range after London spike, compressing · RSI 39 · price 1.34121

Lower highs from 1.3431, higher lows from 1.3401; late NY.

London cleared the Asian range to a 1.3448 session high, then saw a rejection and an unwind to 1.3401, where the asian high held as a retest. The ISM beat let USD recover early losses. Since then NY has compressed into a triangle between a descending line of lower highs from the 1.3431 ny high and a rising line of higher lows. Price is now pressing that rising line at the 50% retracement near 1.3413, below both EMAs, with RSI(14) near 39.

Support: 1.3408, 1.3401

Resistance: 1.3424, 1.3431, 1.3448

What it said to watch

  • M15 close below 1.3408 ny low breaks the higher-low chain and exposes the 1.3401 asian high.
  • Close above the 1.3424 lower high breaks the descending line, with the 1.3431 ny high next.
  • Only a move back through the 1.3448 session high reverses the London rejection.
  • Fed Loan Officer Survey at 19:00 UTC, then US midterm results overnight, could materially shift this read.

18:01 UTC

Post-spike consolidation, momentum flat · RSI 48 · price 1.34148

London rejection from 1.3448, NY compressing 1.3408–1.3431 with lower highs.

London broke the Asian range high near 1.3405 and ran to a 6wk high at 1.3448, then was rejected back to the 1.3401 london low. NY has held a 1.3408–1.3431 band since the ISM beat briefly lifted USD into the 1.3408 ny low, with lower highs at 1.3431 and 1.3424. Price sits just under a flat EMA20/50, near the 50% retracement of the Asian-low-to-high leg.

Support: 1.3408, 1.3401

Resistance: 1.3424, 1.3431, 1.3448

What it said to watch

  • M15 close below the 1.3408 ny low exposes the 1.3401 london low and the 61.8% retracement near 1.3405
  • Close above the 1.3424 lower high and the 1.3431 ny high breaks the lower-highs line and reopens the 1.3448 6wk high
  • Loan Officer Survey at 19:00 UTC and US midterms Tuesday could shift this read ahead of Thursday's BoE

17:46 UTC

Neutral after London spike-and-fade · RSI 47 · price 1.34158

NY range 1.3408–1.3427 inside London's 1.3401–1.3448 swing.

London broke above the Asian range (1.3379–1.3405) and ran to a 1.3448 session high on the softer dollar and oil slide, then faded roughly 68% of the move to the 1.3401 london low. NY has since held a 1.3408–1.3427 range. The 1.3431 spike was rejected, the ISM beat failed to break the range top, and late in the session price sits on the flat EMA20/50 cluster.

Support: 1.3408, 1.3401

Resistance: 1.3427, 1.3448

What it said to watch

  • M15 close above 1.3427 range top reopens the 1.3448 session high, with the 1.3435–1.3450 cap overhead
  • Break of the 1.3408 range base exposes the 1.3401 london low and the Asian range top at 1.3405
  • Senior Loan Officer Survey at 19:00 UTC and US midterm results overnight could materially shift this read

17:31 UTC

Range after London spike, compressing · RSI 57 · price 1.34207

Tightening NY range, lower highs vs higher lows.

London took price out of the 1.3379–1.3405 Asian range to a london high at 1.3448 on the softer USD and oil slide, then a rejection pulled it back to the london low at 1.3401, just above the Asian top. Late NY is compressing between the ny low at 1.3409 and the ny high at 1.3431. Lower highs are pressing against higher lows, with RSI(14) near 57 and ATR around 8 pips.

Support: 1.3409, 1.3401

Resistance: 1.3431, 1.3448

What it said to watch

  • M15 close below the ny low at 1.3409 breaks the higher-lows line and exposes the london low at 1.3401
  • M15 close above the ny high at 1.3431 breaks the lower-highs line and brings the london high at 1.3448 back into view
  • US Senior Loan Officer Survey at 19:00 UTC and Tuesday's midterm results could break the compression

17:16 UTC

London spike faded, compressing in late NY · RSI 55 · price 1.34204

Contracting range: lower highs and higher lows between 1.3408 and 1.3427.

London open lifted GBP out of the Asian range to a 1.3448 day high, helped by USD softness and the oil slide. Rejection there pulled price back to the 1.3401 london low near the 61.8% fib. Late NY is compressing between the 1.3409 ny low and the 1.3427 ny high, with lower highs and higher lows and RSI(14) neutral near 55.

Support: 1.3409, 1.3401

Resistance: 1.3427, 1.3448

What it said to watch

  • M15 close above the 1.3427 ny high breaks the compression and puts the 1.3448 day high back in view
  • Failure to hold the 1.3409 ny low exposes the 1.3401 london low and the 61.8% fib
  • US Loan Officer Survey at 19:00 UTC and midterm results Tuesday overnight could materially shift this read

17:01 UTC

Post-rally consolidation, momentum neutral · RSI 48 · price 1.34178

London impulse above the Asian range, then a contracting NY range with lower highs and higher lows.

London broke the Asian range (1.3379–1.3393) and ran to a 1.3448 session high on broad USD softness and the oil slide. Rejection there pulled price back to the 1.3401 london low, near the 61.8% fib of the move. After London close, price is coiling between the 1.3408 NY range low and the 1.3427 NY range top. It sits around EMA20 and the 50% fib at 1.3413, with RSI(14) neutral near 48.

Support: 1.3413, 1.3408, 1.3401

Resistance: 1.3427, 1.3431, 1.3448

What it said to watch

  • M15 close above the 1.3427 NY range top and the 1.3431 NY spike breaks the lower-highs line and reopens the 1.3448 session high
  • Failure at the 1.3408 NY range low breaks the higher-lows line and exposes the 1.3401 london low
  • Loss of the 50% fib at 1.3413 keeps price pinned to the lower half of the NY range
  • US midterms Tue and JOLTS Tue 15:00 UTC could materially shift this read; BoE Thu is the larger GBP-side event

16:46 UTC

Post-breakout consolidation, momentum neutral · RSI 48 · price 1.34144

London broke the Asian range high, peaked at 1.3448, then retraced; NY compressing 1.3409–1.3427 with lower highs.

London broke above the Asian range on softer USD and oil weakness, ran to a session high at 1.3448, then retested the asia high near 1.3401 before demand stepped in. Since the NY open, the ny rejection wick at 1.3431 has capped price, which is compressing between the ny low at 1.3409 and the ny high at 1.3427. That band sits around the 50% level of the London leg fib, with RSI(14) flat near 48.

Support: 1.3409, 1.3401, 1.3379

Resistance: 1.3427, 1.3431, 1.3448

What it said to watch

  • M15 close below the ny low at 1.3409 reopens the asia high at 1.3401, and failure there undercuts the London breakout toward the asia low at 1.3379
  • M15 close above the ny high at 1.3427 and the ny rejection at 1.3431 puts the session high at 1.3448 back in focus
  • US midterm results overnight into Wednesday could materially shift USD and break the NY compression

16:31 UTC

Post-spike consolidation, momentum neutral · RSI 50 · price 1.34175

London leg up fully stalled; NY compressing between lower highs and higher lows.

London open broke the Asian range high near 1.3405 and ran to a 1.3448 day high on a softer USD and the oil slide. It then retraced to the 1.3401 london low, near the 61.8% of the leg off the 1.3379 asian low. NY trade is compressing between 1.3408 and the 1.3431 ny high, with lower highs and higher lows. The ISM beat barely registered, and price sits on EMA20 with RSI(14) flat near 50.

Support: 1.3408, 1.3401, 1.3379

Resistance: 1.3427, 1.3431, 1.3448

What it said to watch

  • M15 close above the 1.3431 ny high breaks the lower highs line and reopens the 1.3448 day high
  • Loss of the 1.3408 ny low breaks the higher lows and exposes the 1.3401 london low / 61.8% fib
  • Acceptance below 1.3401 puts price back inside the Asian range, with the 1.3379 asian low below
  • US midterms Tue Nov 3 (results overnight) could materially shift this read; JOLTS Tue 15:00 UTC

16:16 UTC

Sideways, London spike fully faded to mid-range · RSI 48 · price 1.34138

Range 1.3408–1.3431 below rejected session high, highs capped.

London broke the Asian range high near 1.3405 and ran to a 1.3448 session high on a softer USD. It was rejected back to the 1.3401 london low and has since chopped between the 1.3408 ny low and the 1.3431 ny open high. Price now sits on the 50% fib of the Asia-to-London leg near 1.3413, just under EMA20, with RSI(14) neutral at 48 and highs capped near the 1.3427 range top despite the ISM beat.

Support: 1.3408, 1.3401

Resistance: 1.3427, 1.3431, 1.3448

What it said to watch

  • M15 close below the 1.3408 ny low exposes the 1.3401 london low and the 61.8% fib near 1.3405
  • Acceptance above the 1.3427 range top and 1.3431 ny open high reopens the 1.3448 session high
  • Goolsbee (16:15 UTC) and US midterms Tue could shift USD and break the range

16:01 UTC

London impulse faded, NY session ranging · RSI 46 · price 1.34158

Compression 1.3408–1.3427 inside 1.3401–1.3448 session range, higher lows.

London broke the Asian range top near 1.3405 and ran to a 1.3448 session high, just under the 1.3450 cap. Price then faded to retest that area at the 1.3401 London low and has been pinned between the 1.3408 NY low and the 1.3427 NY high through NY hours. The ISM beat at 15:00 UTC drew a rejection at the NY high, leaving RSI(14) neutral near 46 and price straddling EMA20 between the 38.2% and 50% retracements of the London leg.

Support: 1.34078, 1.34008

Resistance: 1.3427, 1.34309, 1.34479

What it said to watch

  • M15 close above the 1.3427 NY high and the 1.3431 spike high breaks the NY range, with the 1.3448 session high next
  • Loss of the 1.3408 NY low and the rising lows line exposes the 1.3401 London low and the Asian range top
  • Goolsbee at 16:15 UTC on December hike odds could shift USD into the London close

15:46 UTC

Post-breakout range, momentum neutral · RSI 48 · price 1.34181

Higher lows from 1.3401 under lower highs near 1.3427, coiling mid-range.

London broke the Asian range high near 1.3402 on softer USD from US-Iran diplomacy hopes. The pair ran to the london high at 1.3448, under the 1.3450 cap, then retraced to retest the breakout at the 1.3401 london low. Since then, higher lows at the ny low 1.3408 and the fib 50% of the London rally at 1.3413 sit under lower highs near 1.3427. The ny open high spike to 1.3431 was rejected after the ISM beat, and RSI(14) is flat near 48.

Support: 1.34134, 1.34078, 1.34008

Resistance: 1.3427, 1.34309, 1.34479

What it said to watch

  • M15 close above the 1.3431 ny open high breaks the lower highs and reopens the 1.3448 london high
  • Failure to hold the 1.3408 ny low breaks the higher lows line and exposes the 1.3401 london low
  • Fed's Goolsbee at 16:15 UTC could shift USD and break the session range

15:31 UTC

Range after failed London rally, higher lows · RSI 53 · price 1.34196

NY range 1.3408–1.3431 inside London's 1.3401–1.3448 swing.

London open broke the Asian range top near 1.3405 and ran to a session high at 1.3448 on softer USD. That leg was fully rejected back to the london low at 1.3401. NY has since compressed into a 1.3408–1.3431 range with higher lows along rising support, the 50% fib at 1.3413 holding and the ISM beat leaving no lasting mark; RSI(14) is neutral near 53.

Support: 1.3413, 1.3408, 1.3401

Resistance: 1.3427, 1.3431, 1.3448

What it said to watch

  • M15 close above the 1.3427 ny high and the 1.3431 spike high breaks the NY range and reopens the 1.3448 session high
  • Loss of the 1.3408 ny low and rising support exposes the 1.3401 london low and the Asian range top
  • Goolsbee at 16:15 UTC could jolt USD within the current range

15:16 UTC

Post-breakout consolidation · RSI 54 · price 1.3421

Higher lows below a 1.3431 lower high, coiling under the 1.3448 session high.

London broke the 1.3379–1.3405 Asian range and ran to a 1.3448 session high on the softer USD tone. The pullback held a 1.3401 swing low, and price has since compressed between a 1.3408 higher low and a 1.3431 lower high, pivoting around the 38.2% fib through ISM and the first hours of NY.

Support: 1.3408, 1.3401

Resistance: 1.3431, 1.3448

What it said to watch

  • M15 close above the 1.3431 lower high reopens the 1.3448 session high and the 1.3435–1.3450 band
  • Loss of the 1.3408 higher low and the 1.3401 swing low breaks the higher-lows line and puts the Asian range top back in play
  • ISM follow-through and Goolsbee at 16:15 UTC could break the coil in NY hours

15:01 UTC

Post-breakout range, momentum neutral · RSI 53 · price 1.34216

London broke the Asian range high, then a deep pullback into a 1.3408–1.3431 range with higher lows.

London broke the Asian range high near 1.3405 on a softer USD and ran to a 1.3448 session high. The London rally then retraced about 68% to the London low at 1.3401, a retest of the breakout. Since then, NY has held a 1.3408–1.3431 range: the NY high at 1.3431 capped price, and the 1.3408 NY low printed higher lows above the London low.

Support: 1.34078, 1.34008

Resistance: 1.34309, 1.34479

What it said to watch

  • ISM Mfg PMI at 15:00 UTC and Goolsbee at 16:15 UTC could break the 1.3408–1.3431 NY range
  • A close above the 1.3431 NY high opens a retest of the 1.3448 session high
  • A close below the 1.3401 London low breaks the higher lows and puts price back inside the Asian range

14:46 UTC

Intraday up-leg stalled, now ranging · RSI 50 · price 1.34158

1.3408–1.3431 range under descending lower highs.

London broke the Asian range top near 1.3405 and ran to a 1.3448 session high on the softer USD, then gave back 47 pips to the 1.3401 london low. Since then price has held a 1.3408–1.3431 range: the ny open high at 1.3431 was rejected, a lower high followed at 1.3425, and buyers defended the 1.3408 ny low. Price is sitting on a flat EMA20 near the 50% fib of the London leg (~1.3413), with RSI(14) neutral near 50.

Support: 1.3408, 1.3401

Resistance: 1.3425, 1.3431, 1.3448

What it said to watch

  • ISM Mfg PMI at 15:00 UTC (f/c 54.6, Prices Paid f/c 77) lands in the next bar and is the likely catalyst to resolve the 1.3408–1.3431 range
  • M15 close below the 1.3401 london low breaks the range and the 61.8% fib (~1.3405), putting the Asian range top back in focus
  • M15 close above the 1.3431 ny open high clears the lower highs trendline and brings the 1.3448 session high into view
  • Fed's Goolsbee at 16:15 UTC is a second USD headline risk during NY hours

14:31 UTC

Post-breakout consolidation, momentum neutral · RSI 55 · price 1.34219

Lower highs, higher lows below 1.3448 session high.

London broke above the Asian range on softer USD and firm BoE hike pricing, running to a 1.3448 session high before a roughly 68% retrace of the London leg to the 1.3401 London low. Since then price has coiled between lower highs and rising support. The NY open spike to the 1.3431 NY high was rejected, while the 1.3408 NY low has held so far.

Support: 1.3408, 1.3401

Resistance: 1.3431, 1.3448

What it said to watch

  • M15 close above the 1.3431 NY high breaks the lower-highs sequence and puts the 1.3448 session high back in play
  • Loss of the 1.3408 NY low breaks rising support and exposes the 1.3401 London low and the Asian range top
  • US ISM Manufacturing at 15:00 UTC (f/c 54.6, Prices Paid 77) could materially shift this read; Goolsbee follows at 16:15 UTC

14:16 UTC

London rally stalled, full retrace under way · RSI 50 · price 1.34112

Lower high off 1.3448, holding 1.3401–1.3431 since midday.

London broke out of the 1.3379–1.3405 Asian range, helped by a softer USD, and ran to a 1.3448 session high. It then retraced most of that move, with the london low at 1.3401 holding twice near the Asian top. The spike to 1.3431 around the NY open met rejection, and price now sits at 1.3411 on the ema50 with RSI(14) neutral near 50.

Support: 1.3410, 1.3401, 1.3379

Resistance: 1.3431, 1.3448

What it said to watch

  • US ISM Manufacturing at 15:00 UTC (Prices Paid f/c 77) could materially shift this read within the hour
  • M15 close below the 1.3401 london low puts price back inside the Asian range, with the asian low at 1.3379 next
  • M15 close above the 1.3431 ny rejection and the descending line from the session high reopens 1.3448
  • Goolsbee at 16:15 UTC is a secondary USD-side input

14:01 UTC

Range after London spike, lower highs · RSI 50 · price 1.34116

London broke above the Asian range to 1.3448, then fully retraced; NY ranging 1.3401–1.3431 with lower highs.

London broke the Asian range (1.3379–1.3405) on a softer USD and ran to a 1.3448 session high, then retraced to a 1.3401 swing low on a retest of the Asian top. The NY open spike to 1.3431 met a quick rejection, leaving a lower high below 1.3424 and price back at the 1.3410 intraday low with RSI(14) flat near 50.

Support: 1.3410, 1.3401, 1.3379

Resistance: 1.3424, 1.3431, 1.3448

What it said to watch

  • ISM Manufacturing at 15:00 UTC, with Prices Paid, could break the 1.3401–1.3431 range
  • M15 close below the 1.3401 swing low puts price back inside the Asian range toward the 1.3379 asian low
  • Close above the 1.3431 ny rejection breaks the lower highs and reopens the 1.3448 session high
  • Goolsbee at 16:15 UTC is a secondary USD input during NY hours

13:46 UTC

Intraday uptrend, coiling after pullback · RSI 54 · price 1.34196

Higher lows under a lower high, compressing in the London-NY transition.

London broke the Asian range high near 1.3393 and ran to a 1.3448 session high on the softer USD. The pullback held at the 1.3401 pullback low, near the 61.8% fib. Since then higher lows at 1.3410 and 1.3413 have formed under a 1.3431 rejection high, with price coiling just above ema20.

Support: 1.34131, 1.34008

Resistance: 1.34309, 1.34479

What it said to watch

  • M15 close above the 1.3431 rejection high reopens the 1.3448 session high
  • Break of the 1.3413 higher low breaks the higher-lows trendline and exposes the 1.3401 pullback low
  • US ISM Manufacturing at 15:00 UTC (f/c 54.6) could materially shift this read

13:31 UTC

London rally stalled, consolidating above breakout · RSI 53 · price 1.3416

Asian range break, retest held; higher low vs lower high compression.

London broke the Asian range top near 1.3405 on a softer USD and ran to the 1.3448 London high. Price then retraced about 68% of the leg and held at the 1.3401 London low, a retest of the broken range. Into the NY session it is compressing between a 1.3410 higher low and a 1.3424 lower high, with RSI(14) neutral at 53 and price sitting on EMA20.

Support: 1.3410, 1.3401, 1.3379

Resistance: 1.3424, 1.3448

What it said to watch

  • M15 close above the 1.3424 lower high breaks the compression and puts the 1.3448 London high back in play
  • Close below the 1.3410 higher low breaks the higher-lows trendline
  • Failure at the 1.3401 London low reopens the Asian range toward the 1.3379 Asian low
  • US ISM Manufacturing at 15:00 UTC (f/c 54.6) and Goolsbee at 16:15 UTC could materially shift this read

13:16 UTC

Pullback within intraday uptrend, now flat · RSI 48 · price 1.3416

Higher lows under 1.3425 cap after London breakout and retrace.

London broke the Asian range and ran to the 1.3448 london high on a softer USD, then gave back roughly 61.8% of the move to retest the 1.3401 asia high, where buyers stepped in. Into the London-NY transition, price is printing higher lows near 1.3411 under the 1.3425 prior high, pinned to a flat EMA20 with RSI(14) neutral at 48.

Support: 1.3411, 1.3401, 1.3379

Resistance: 1.3425, 1.3448

What it said to watch

  • US ISM Manufacturing at 15:00 UTC (f/c 54.6) could materially shift this read
  • M15 close above 1.3425 prior high reopens the 1.3448 london high
  • Break of the 1.3411 higher low trendline puts the 1.3401 asia high retest back in play
  • Close back below 1.3401 returns price to the Asian range toward the 1.3379 asia low

13:01 UTC

Intraday uptrend, pausing after London pullback · RSI 47 · price 1.34172

London broke the Asian range high; deep retrace now forming higher lows in a 1.3410–1.3424 coil.

London broke the Asian range high near 1.3405 and ran to a 1.3448 session high on a softer USD. Price then retraced about 68% of the move to the 1.3401 london low before buyers stepped in. It is now coiling between the 1.3410 higher low and the 1.3424 intraday top above a rising swing-low line into the NY open, with RSI(14) neutral near 47.

Support: 1.3410, 1.3401

Resistance: 1.3424, 1.3448

What it said to watch

  • M15 close below the 1.3410 higher low breaks the rising swing-low line and exposes the 1.3401 london low
  • Loss of the 1.3401 london low puts price back inside the Asian range
  • Clearance of the 1.3424 intraday top reopens the 1.3448 session high
  • US ISM Manufacturing at 15:00 UTC (f/c 54.6) could materially shift this read

12:46 UTC

Intraday uptrend, recovering from deep pullback · RSI 58 · price 1.34223

Asian range breakout, retest held, lower highs since session high.

London broke the Asian range of 1.3379–1.3402 and ran to a 1.3448 session high on a softer USD and BoE hike bets. Price then gave back about 61.8–70% of the move in a retest of the Asian high at 1.3401, where buyers stepped in. It is now pressing the 1.3424 intraday hi through the London-NY transition, with lower highs since 1.3448 and a higher low at the 1.3411 pullback low.

Support: 1.3411, 1.3401, 1.3379

Resistance: 1.3424, 1.3448

What it said to watch

  • M15 close above the 1.3424 intraday hi breaks the lower highs line and exposes the 1.3448 session high
  • Failure to hold the 1.3411 pullback low puts the 1.3401 asian high retest back in play; a break there negates the breakout read
  • Loss of 1.3401 reopens the 1.3379 asian low
  • US ISM Manufacturing at 15:00 UTC (f/c 54.6) could materially shift this read

12:31 UTC

Intraday uptrend, recovering from deep pullback · RSI 58 · price 1.3422

London breakout above Asian range, 68% retrace held at range top, higher lows since.

London broke the Asian range (1.3379–1.3402) and ran to a 1.3448 session high on the softer USD tone, then retraced about 68% to retest the 1.3401 Asian high, where demand held. Higher lows at 1.3401 and 1.3410 have since lifted price back to 1.3422, the 38.2% fib of the London leg, with RSI(14) near 58 and the 23.6% fib at 1.3432 next overhead.

Support: 1.3410, 1.3401

Resistance: 1.3432, 1.3448

What it said to watch

  • M15 close below the 1.3410 higher low breaks the recovery sequence
  • Loss of the 1.3401 asian high puts price back inside the Asian range
  • Close above 1.3448 session high clears the London-morning cap
  • US ISM Manufacturing at 15:00 UTC early in the NY session could materially shift this read

12:16 UTC

Intraday pullback after London spike, momentum fading · RSI 41 · price 1.34111

Asian range break higher, rejected at 1.3448, retesting the Asian high.

London broke the 1.3379–1.3405 Asian range and ran to a session high at 1.3448 on soft-USD Iran-diplomacy flows, but stalled below the 1.3450 cap and gave back ~47 pips to a pullback low at 1.3401, just under the Asian high. A bounce high at 1.3420 marks a lower high, and price is chopping near the 50% retracement of the Asia-to-London leg into the NY session.

Support: 1.3401, 1.3379

Resistance: 1.3420, 1.3448

What it said to watch

  • M15 close below the 1.3401 pullback low negates the Asian-high retest and exposes the 1.3379 asian low
  • Recovery above the 1.3420 bounce high reopens the 1.3448 session high
  • US ISM Manufacturing at 15:00 UTC and Goolsbee at 16:15 UTC could materially shift this read

12:01 UTC

Intraday up-leg stalled, corrective pullback · RSI 44 · price 1.34126

London breakout above Asian range rejected at 1.3448; lower high 1.3420 over pullback low 1.3401.

London broke the Asian range high near 1.3405 and ran to a session high at 1.3448 on a soft USD tone, then rejected just under the 1.3450 cap. The pullback retested the old Asian high, holding a 1.3401 pullback low just past the 61.8% fib, and the bounce stalled at a 1.3420 lower high. Price is now pinned near the 50% level, with EMA20 overhead and ISM due at 15:00 UTC.

Support: 1.34008, 1.33789

Resistance: 1.3420, 1.34479

What it said to watch

  • M15 close below the 1.3401 pullback low reopens the asian low at 1.3379
  • Close above the 1.3420 lower high puts the 1.3448 session high back in play
  • US ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15, could materially shift this read
  • Price holding under the lower-high line keeps the pullback structure intact

11:46 UTC

Intraday uptrend, rejected near 1.3450 · RSI 51 · price 1.34181

Asian range break, full retrace to retest, higher-low bounce.

London cleared the Asian range high near 1.3405 and ran to a 1.3448 session high, then met rejection just under 1.3450. The full leg retraced to a retest of the old range top, leaving a london low at 1.3401 near the 61.8% fib, before price reclaimed the ema20 and the 50% level. RSI(14) is neutral at 51, and the bounce high at 1.3420 is capping price mid-London on a soft-USD tone.

Support: 1.3414, 1.3401, 1.3379

Resistance: 1.3420, 1.3448

What it said to watch

  • M15 close back below the 1.3401 london low reopens the Asian range and the 1.3379 asian low
  • Close above the 1.3420 bounce high puts the 1.3448 session high and 1.3450 cap back in focus
  • Failure to hold the ema20 near 1.3414 signals the bounce is fading
  • US ISM Manufacturing at 15:00 UTC (17:00 broker), then Goolsbee at 16:15 UTC, could materially shift this read

11:31 UTC

Intraday uptrend, pullback recovering · RSI 57 · price 1.34188

Asian range break, deep retrace held, higher low forming.

London broke the 1.3379–1.3393 Asian range and ran to a 1.3448 session high on a soft USD. Supply capped it just under 1.3450 ahead of Thursday's BoE decision. The retrace held a 1.3401 pullback low twice, inside the 61.8–78.6% zone of the London leg fib, and price has rebounded to 1.3419 with RSI(14) near 57.

Support: 1.3401, 1.3393

Resistance: 1.3434, 1.3448

What it said to watch

  • M15 close back below the 1.3401 pullback low would turn the retrace into a lower low, with the 1.3393 Asian high next
  • Recovery through the 1.3434 Friday high would put the 1.3448 session high back in play
  • US ISM Manufacturing at 15:00 UTC could materially shift this read

11:16 UTC

Intraday pullback after London spike, momentum neutral · RSI 45 · price 1.3409

London breakout above the Asian range rejected at the session high; price retesting the old Asian high.

London broke the 1.3379–1.3405 Asian range and ran to a 1.3448 session high just under the 1.3450 cap before rejection erased the leg. Price is now retesting the old Asian top, with a double low at 1.3401 holding near the 61.8% fib. The fib 50% at 1.3413 is capping the bounce. A softer dollar drove the early move, and the UK PMI matched forecasts, adding no fresh impulse.

Support: 1.3401, 1.3379, 1.3374

Resistance: 1.3413, 1.3422, 1.3448

What it said to watch

  • M15 close below the 1.3401 double low puts price back inside the Asian range and exposes the 1.3379 asian low, then the 1.3374 friday low
  • Recovery through the fib 50% at 1.3413 and fib 38.2% at 1.3422 reopens the 1.3448 session high
  • US ISM Manufacturing at 15:00 UTC and Goolsbee at 16:15 UTC could materially shift this read

11:01 UTC

Intraday rally rejected, sharp pullback · RSI 41 · price 1.3403

London breakout above Asian range reversed; price back on Asian high.

London cleared the Asian range high near 1.3405 at the open. A softer dollar on Iran-diplomacy hopes carried price to a 1.3448 session high just shy of the 1.3450 cap, where it met a full rejection. About 65% of the asian low to session high leg has been retraced, and late-London price is retesting the 1.3401 london low and Asian high, sitting on EMA50 with RSI(14) near 41.

Support: 1.3401, 1.3394, 1.3379

Resistance: 1.3415, 1.3433, 1.3448

What it said to watch

  • Failure to hold the 1.3401 london low puts price back inside the Asian range, turning the London breakout into a false break and exposing the 1.3394 fib 78.6 and the 1.3379 asian low
  • Recovery above the 1.3415 london open area reopens the 1.3433 friday high and the 1.3448 session high
  • US ISM Manufacturing at 15:00 UTC (f/c 54.6) and Goolsbee at 16:15 UTC could materially shift this read in the NY session

10:46 UTC

Intraday pullback after a rejected London rally · RSI 41 · price 1.34036

London breakout above the Asian range fully faded; lower highs since 1.3448, price retesting the Asian high.

London cleared the Asian high at 1.3401 and ran to a 1.3448 session high on the softer USD, briefly clearing 1.3435 before a sharp rejection. Eight straight lower closes have retraced about 79% of the London leg, back to the Asian high. Price is below EMA20 and testing EMA50, with RSI(14) near 41.

Support: 1.3401, 1.3393, 1.3379

Resistance: 1.3414, 1.3448

What it said to watch

  • A close below the Asian high at 1.3401, then the 1.3393 London low, unwinds the London breakout and exposes the 1.3379 Asian low.
  • Reclaiming the 61.8% fib at 1.3414 would ease the rejection read, with the 1.3448 session high the next marker.
  • US ISM Manufacturing at 15:00 UTC and Fed's Goolsbee at 16:15 UTC could materially shift this read.

10:31 UTC

Intraday rally reversed, sharp pullback · RSI 45 · price 1.34074

False break above 1.3435, retracing toward Asian high.

London extended the late-Asia push out of the 1.3379–1.3402 Asian range to a 1.3448 session high, briefly clearing the 1.3434 Friday high on softer USD, then reversed about 40 pips in six bars. Price now sits on the fib 61.8 of that leg at 1.3405, just above the Asian high, with RSI(14) at 45 and below EMA20.

Support: 1.3405, 1.3402, 1.3379

Resistance: 1.3434, 1.3448

What it said to watch

  • M15 close below 1.3402 asian high puts the full London gain back inside the Asian range, exposing 1.3379 asian low
  • Recovery back above 1.3434 friday high negates the false break and brings the 1.3448 session high back into play
  • US ISM Manufacturing PMI at 15:00 UTC during NY hours could materially shift this read

10:01 UTC

Intraday uptrend, sharp pullback from highs · RSI 58 · price 1.3422

London extension above Friday high rejected; retracing toward Asian range.

GBP broke above the Asian range and extended through the London open on a softer USD (Iran diplomacy) and BoE hike bets. The pair printed a session high at 1.3448 above the Friday high at 1.3434, then lost about 26 pips in three bars, a false break of that level. Price now sits on the 38.2% fib of the Asian low-to-high leg at 1.3421, with RSI(14) cooled to 58.

Support: 1.3421, 1.3413, 1.3405

Resistance: 1.3434, 1.3448

What it said to watch

  • M15 close back above the 1.3434 friday high negates the false-break read and reopens the 1.3448 session high
  • Failure to hold the 50% fib at 1.3413 exposes the 1.3405 asian high and a deeper retrace of the London move
  • US ISM Manufacturing PMI and Prices Paid at 15:00 UTC could materially shift this read

09:46 UTC

Intraday uptrend, stalling after rejection · RSI 64 · price 1.34269

False break above Friday high, pullback inside London leg.

London broke out of the Asian range (asian high 1.3405) and pushed through the 1.3434 friday high to a 1.3448 session high as Iran-diplomacy hopes drained USD demand. The push reversed back under the friday high within two bars, a false break at the 1.3435 cap. Price now sits on the 38.2% retrace near 1.3427 with RSI(14) cooled to 64, and the London trendline and 50% fib at 1.3420 sit just below.

Support: 1.3420, 1.3414, 1.3405

Resistance: 1.3434, 1.3448

What it said to watch

  • Failure to hold the 50% fib and London trendline near 1.3420 exposes the 61.8% fib at 1.3414 and the asian high at 1.3405
  • M15 close back above the 1.3434 friday high negates the false-break read and reopens the 1.3448 session high
  • US ISM Mfg PMI and Prices Paid at 15:00 UTC could materially shift this read

09:31 UTC

Uptrend, first pullback off session high · RSI 66 · price 1.34377

London broke above the Asian range and Friday high; HH/HL chain, now retesting the breakout.

London cleared the Asian high at 1.3405 and Friday's high at 1.3434, extending to a 1.3448 session high on Iran-diplomacy USD softness before a 12-pip rejection bar at 09:15 UTC. Price is now sitting on the Friday high, with RSI(14) cooled from the mid-70s.

Support: 1.34336, 1.34205, 1.34046

Resistance: 1.34479

What it said to watch

  • M15 close back below the 1.3434 friday high turns the breakout into a false break and puts the 50% fib at 1.3420 in play
  • Reclaim of the 1.3448 session high resumes the HH chain toward the 1.3450 area flagged in the digest
  • Loss of the London trend line and the 1.3405 asian high returns price to the prior range
  • US ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read

09:16 UTC

Intraday uptrend, stretched · RSI 84 · price 1.34434

HH/HL chain since London broke the Asian range.

London open broke the 1.3379–1.3405 Asian range and the leg extended through the 1.3434 Friday high, the 1.3435 cap flagged in the digest, to a 1.3448 session high as USD softened on Iran-diplomacy hopes. RSI(14) near 84 is stretched, and the first pullback bar is testing the Friday high from above.

Support: 1.3434, 1.3410, 1.3405

Resistance: 1.3448

What it said to watch

  • M15 close back below the 1.3434 Friday high would turn the move into a false break of the cap
  • Failure of the 1.3410 London base breaks the HH/HL chain and exposes the 1.3405 Asian high; the 38.2% fib retracement of the Asian low to session high leg sits near 1.3422
  • M15 close above the 1.3448 session high extends the London leg toward 1.3450 and keeps the rally trendline intact
  • US ISM Mfg PMI at 15:00 UTC and Goolsbee at 16:15 UTC could materially shift this read

09:01 UTC

Strong intraday uptrend, RSI stretched · RSI 84 · price 1.34426

London breakout above Asian range and Friday high, HH/HL chain since 07:00 UTC.

London lifted cable out of the 1.3379–1.3393 Asian range in a 65-pip one-way leg, clearing the Friday high at 1.3434 and printing a session high at 1.3444 as USD softened on US-Iran diplomacy hopes. RSI(14) near 84 marks the move as overbought, with the 1.3450 round number overhead. The higher-low chain keeps rising, and the breakout bar at 1.3420 and the early London high near 1.3415 are the nearest pullback references.

Support: 1.34336, 1.3420, 1.3415

Resistance: 1.34442, 1.3450

What it said to watch

  • Failure to hold the Friday high at 1.3434 would mark the breakout as a false break
  • An M15 close below the rising trendline near 1.3415 (london high) breaks the higher-low chain
  • Acceptance above 1.3450 round number extends the leg past the session high
  • US ISM Mfg PMI at 15:00 UTC and Goolsbee at 16:15 UTC could materially shift this read

08:46 UTC

Uptrend, stretched into resistance · RSI 81 · price 1.34348

Asian range broken higher, London extending HH/HL chain.

GBPUSD cleared the Asian high at 1.3402 just before London open and has run ~40 pips off the 1.3393 swing low. It is now pressing Friday's high at 1.3435 as Iran-diplomacy hopes soften USD, with RSI(14) near 81. The london leg fib puts the 38.2% near 1.3419, in line with the 1.3420 breakout shelf, while the rising asian trendline sits below.

Support: 1.3420, 1.3402, 1.3393

Resistance: 1.3435, 1.3450

What it said to watch

  • M15 close above the 1.3435 friday high opens the 1.3450 round number; rejection there leaves a stalled breakout
  • A move back under the 1.3420 breakout shelf and the 1.3402 asian high returns price to the prior range
  • Loss of the 1.3393 swing low and the rising asian trendline breaks the intraday HL chain
  • US ISM Mfg PMI at 15:00 UTC and Goolsbee at 16:15 UTC could materially shift this read

08:31 UTC

Uptrend, early London extension · RSI 76 · price 1.34211

Higher lows off Asia low, Asian range broken higher at London open.

The London open broke the Asian high near 1.3405 with a 10-pip impulse bar. Price is now pressing 1.3420, about a 78.6% retrace of Friday's drop, with the friday drop fib, the fri ny pivot at 1.3425 and the friday high at 1.3434 overhead and RSI(14) running hot near 76. A softer USD on US-Iran diplomacy hopes and BoE hike pricing are underpinning sterling.

Support: 1.3410, 1.3405, 1.3379

Resistance: 1.3425, 1.3434

What it said to watch

  • A close back below the asian high at 1.3405 turns the London break into a false break
  • Holding the 1.3410 london low keeps the higher-low chain and rising Asia trendline intact
  • An M15 close above the 1.3434 friday high fully retraces Friday's drop and tests the 1.3435 cap
  • US ISM Mfg PMI at 15:00 UTC could materially shift this read

08:16 UTC

Intraday uptrend, extended at session high · RSI 74 · price 1.34166

London open broke above the Asian range; higher lows since the 1.3379 Asian low.

London open broke the Asian range high at 1.3402 with a 10-pip impulse bar, and price now holds near the 1.3418 session high. USD softness on US-Iran diplomacy hopes is driving the move. The 1.3410 pullback low held on the first dip, RSI(14) is hot near 74, and Friday's 1.3434 high is the next reference above.

Support: 1.34099, 1.34017, 1.33931

Resistance: 1.34176, 1.34336

What it said to watch

  • Hold above the 1.3410 pullback low keeps the breakout structure intact; a slip back under the 1.3402 Asian high would mark a false break
  • Loss of the 1.3393 swing low breaks the rising-lows trendline from the Asian session
  • Friday high at 1.3434 coincides with the 1.3435 resistance cited in the market digest
  • US ISM Manufacturing PMI and Prices Paid at 15:00 UTC could materially shift this read

08:01 UTC

Intraday uptrend, stretched · RSI 77 · price 1.34157

Higher lows off the Asian low, Asian range broken higher at London open.

London open broke the 1.3402 Asian high and printed a 1.3417 session high, extending the climb in rising lows from the 1.3379 Asian low as US-Iran diplomacy hopes weigh on USD. RSI(14) near 77 is hot but not extreme. Friday high at 1.3434 is the next overhead reference.

Support: 1.34017, 1.33931, 1.33789

Resistance: 1.34167, 1.34336

What it said to watch

  • M15 close back below the 1.3402 Asian high turns the breakout into a false break
  • Failure to hold the 1.3393 swing low breaks the rising lows sequence
  • Acceptance above the 1.3417 session high opens the 1.3434 Friday high
  • US ISM Mfg PMI and Prices Paid at 15:00 UTC could materially shift this read

07:46 UTC

Intraday uptrend, extended after London open · RSI 73 · price 1.34117

Higher lows since Asia; Asian range high broken at London open.

London open broke the Asian high at 1.3401 and printed a session high at 1.3417. Softer oil and US-Iran diplomacy headlines trimmed safe-haven USD demand. The London dip to 1.3393 held as a higher low, and RSI(14) at 73 is hot but not stretched.

Support: 1.3401, 1.3393, 1.3379

Resistance: 1.3417, 1.3434

What it said to watch

  • Holding above the asian high at 1.3401 (38.2% fib) keeps the breakout intact; a return inside the Asian range weakens it
  • M15 close above the session high at 1.3417 opens the friday high at 1.3434
  • Break below the london dip at 1.3393 undercuts the higher-low trendline and exposes the asian low at 1.3379
  • US ISM Manufacturing PMI at 15:00 UTC could materially shift this read

07:31 UTC

Uptrend, stretched into London open · RSI 78 · price 1.34145

HH/HL chain off Asian low; Friday range top broken.

Higher lows from the 1.3379 Asian low carried into early Europe, and the 07:15 bar cleared Friday's afternoon range top at 1.3405 with a 10-pip push to 1.3415. RSI(14) near 78 is stretched ahead of London open, with the fri swing at 1.3418 and the friday high at 1.3434 overhead. Easing Iran safe-haven demand and sub-$100 oil softening USD are the backdrop.

Support: 1.3405, 1.3393, 1.3379

Resistance: 1.3418, 1.3434

What it said to watch

  • Failure to hold the 1.3405 range top turns the breakout into a false break
  • M15 close below the 1.3393 swing low breaks the higher-low chain
  • Rejection at the 1.3418 fri swing would leave the friday high at 1.3434 untested
  • US ISM Manufacturing at 15:00 UTC and Goolsbee at 16:15 UTC could materially shift this read
  • Loss of the asian low at 1.3379 negates the session uptrend

07:16 UTC

Intraday uptrend, higher lows since Asia · RSI 69 · price 1.34039

HH/HL chain off the Asian low; Asian range top broken, pressing Friday's post-drop high.

Higher lows off the 1.3379 asian low lifted price through the 1.3393 Asian range top. Early European hours, ahead of London open, are now testing Friday's 1.3406 prior high with RSI(14) near 69. Fading safe-haven USD demand on US-Iran diplomacy headlines is behind the grind, and the 1.3393 swing low anchors the higher-low chain.

Support: 1.3393, 1.33789

Resistance: 1.34057, 1.34336

What it said to watch

  • M15 close above the 1.3406 prior high opens room toward the 1.3434 friday high
  • Loss of the 1.3393 swing low breaks the Asian higher-low trendline and returns price to the Asian range
  • Rejection at the 1.3406 prior high keeps the 1.3379 asian low in play as the session base
  • US ISM Manufacturing at 15:00 UTC (f/c 54.6) could materially shift this read

07:01 UTC

Intraday uptrend from the Asian low, RSI firm but not stretched · RSI 68 · price 1.3404

Higher-low chain since 02:30 UTC; testing above the Asian high at the 50% retrace of Friday's drop.

Asia rose from a 1.3379 low through a higher-low chain, with the last higher low at 1.3393. Price is now pressing above the 1.3402 Asian high into London open, at the 50% retrace of Friday's drop from the 1.3434 friday high, as softer USD safe-haven demand on Middle East diplomacy offers a mild tailwind. Friday's 1.3406 prior high and the 1.3411 61.8% fib sit just overhead.

Support: 1.3402, 1.3393, 1.3379

Resistance: 1.3406, 1.3411, 1.3434

What it said to watch

  • M15 close back below the 1.3402 asian high turns the breakout into a false break
  • Close above the 1.3411 61.8% fib of Friday's drop opens the path toward the 1.3434 friday high
  • Failure to hold the 1.3393 higher low breaks the Asian trendline support
  • ISM Manufacturing PMI and Prices Paid at 15:00 UTC could materially shift this read

06:46 UTC

Intraday recovery, higher lows from Asia low · RSI 64 · price 1.33997

Higher-low chain capped by Asian high near 1.3402.

Asia climbed from the 1.3379 asian low to a 1.3393–1.3402 shelf, printing higher lows since 02:30 UTC. It sits between the 38.2% and 50% retrace of Friday's 1.3434–1.3374 drop, with the asian high capping three tests ahead of London open. Easing safe-haven USD demand on Middle East diplomacy headlines underpins the drift; RSI(14) is near 64 and ATR(14) is about 4 pips.

Support: 1.33931, 1.33789, 1.33737

Resistance: 1.34017, 1.34057, 1.34336

What it said to watch

  • A close above the 1.3402 asian high and 1.3406 fri ny high opens the 50–61.8% fib band at 1.3404–1.3411, then the 1.3434 friday high
  • A break of the 1.3393 higher low ends the Asia higher-lows trendline and puts the 1.3379 asian low back in play
  • Failure to hold the 1.3374 friday low confirms a lower-low extension of Friday's selloff
  • US ISM Manufacturing at 15:00 UTC (f/c 54.6) and Goolsbee at 16:15 could materially shift this read; Thursday's BoE decision is the larger GBP-side risk

06:16 UTC

Intraday uptrend, stalling under 1.3400 · RSI 62 · price 1.33977

Higher lows off the Asian low, capped at the Asian high.

Late Asia: cable filled the weekend gap and climbed off the 1.3379 Asian low on USD softness tied to US-Iran diplomacy headlines. A higher-low trendline keeps the move intact, but price has stalled for five bars just under the 1.3402 Asian high, with the ema20 near 1.3392 directly below; RSI(14) has cooled to 62 into the London open.

Support: 1.3392, 1.3379, 1.3374

Resistance: 1.3402, 1.3406, 1.3434

What it said to watch

  • M15 close above the 1.3402 asian high and the 1.3406 fri ny high opens the path to the 1.3434 friday high
  • Break of the higher-low trendline and the ema20 at 1.3392 shifts focus back to the 1.3379 asian low, with the 1.3374 friday low below
  • US ISM Manufacturing at 15:00 UTC could materially shift this read
  • BoE decision on Thursday is the main GBP driver this week

06:01 UTC

Intraday uptrend, stalling below 1.3405 · RSI 72 · price 1.33979

Asian range break higher, higher lows since 1.3379.

Late Asia lifted price off the 1.3379 Asian low on rising lows, then broke the 1.3392 range top and tagged the 1.3401 Asian high. It is now stalling just under the 1.3405 Friday pm high with RSI(14) near 72. The pickup in GBP came on softer USD as Middle East diplomacy faded the safe-haven bid, with London open still ahead.

Support: 1.3392, 1.3379, 1.3374

Resistance: 1.3401, 1.3405, 1.3434

What it said to watch

  • M15 close above 1.3405 fri pm high exposes the 1.3434 friday high
  • Close back below the 1.3392 breakout level returns price to the Asian range and breaks the rising lows
  • Failure to hold the 1.3379 asian low brings the 1.3374 friday low into play
  • US ISM Manufacturing at 15:00 UTC in the NY session could materially shift this read

05:46 UTC

Intraday uptrend off Asian low, pressing 1.3400 · RSI 67 · price 1.3398

Asian higher-low chain inside Friday's 1.3374–1.3406 post-drop range.

Quiet Asian Monday ahead of Thursday's BoE. Cable dipped to the asian low at 1.3379, then built higher lows to an asian high at 1.3401, filling the small weekend gap, with RSI(14) near 67. Price is still inside Friday's NY range below the fri pm high at 1.3406, after the drop from the friday high at 1.3434 to the friday low at 1.3374.

Support: 1.3390, 1.33789, 1.33737

Resistance: 1.3401, 1.34057, 1.34336

What it said to watch

  • M15 close above the fri pm high at 1.3406 breaks Friday's post-drop range and opens the friday high at 1.3434
  • Loss of the fib 50% at 1.3390 and the Asian higher-low trendline turns the read back to range toward the asian low at 1.3379
  • Break below the friday low at 1.3374 confirms a lower-low
  • London open in about 2h is likely to test the 1.3379–1.3401 Asian range
  • US ISM Manufacturing at 15:00 UTC could materially shift the USD leg

05:31 UTC

Intraday uptrend off the Asian low, RSI warm · RSI 71 · price 1.3399

Higher lows since 1.3379, late-Asia break of the 1.3393 range top.

Late Asia session pushed cable out of its 1.3379–1.3393 range. The pair is now pressing the fri ny high at 1.3406 with RSI(14) near 71. Higher lows along the Asian-low trendline carry the move, though the tape stays thin as the market holds Friday's gains ahead of Thursday's BoE.

Support: 1.3393, 1.3379, 1.3374

Resistance: 1.3406, 1.3434

What it said to watch

  • A close above the fri ny high at 1.3406 opens the path toward the friday high at 1.3434
  • Slipping back under the 1.3393 range top, and through the 0.5 of the asian leg fib, would mark the breakout as a false break
  • Loss of the asian low at 1.3379 breaks the higher-low trendline and exposes the friday low at 1.3374
  • London open in about 90 minutes and US ISM Manufacturing at 15:00 UTC could shift this read

05:16 UTC

Intraday push higher, recovering Friday's NY losses · RSI 67 · price 1.33992

Asian range break to the upside, higher lows since 02:30 UTC.

Late Asia session: cable has broken above the asian high at 1.3393 and filled the weekend gap to Friday's 1.3392 close. It is now pressing the 1.3400 round number at the 38.2% retrace of Friday's 1.3434 fri high to 1.3374 fri low drop, with RSI(14) near 67. The market context describes a quiet session ahead of Thursday's BoE.

Support: 1.3393, 1.3379, 1.3374

Resistance: 1.3400, 1.3405, 1.3434

What it said to watch

  • Fri ny high at 1.3405 coincides with the 50% retrace. A close above it opens the 61.8% retrace near 1.3411.
  • An M15 close back below the asian high at 1.3393 would mark the break as a false break.
  • Loss of the 1.3379 asian low and the rising support line would expose the 1.3374 fri low.
  • US ISM Manufacturing PMI and Prices Paid at 15:00 UTC could materially shift this read.

05:01 UTC

Flat, grinding higher off the Asian low · RSI 59 · price 1.33928

Asian range 1.3379–1.3393, price pressing the range top.

Monday opened with a small gap down from Friday's 1.3392 close. That gap is now filled, with price pressing the 1.3393 asian high an hour before London open on rising lows from the 1.3379 asian low. ATR near 3 pips reflects a sidelined Asia session ahead of Thursday's BoE.

Support: 1.3383, 1.3379, 1.3374

Resistance: 1.3393, 1.3405, 1.3434

What it said to watch

  • A London close above the 1.3393 asian high exposes the 1.3405 fri ny high, which sits at the 50% level of the Fri drop fib
  • Loss of the rising lows and the 1.3379 asian low brings the 1.3374 friday low back into view
  • Above 1.3405, the 1.3434 friday high is the next swing reference
  • US ISM Manufacturing at 15:00 UTC could materially shift this read

04:46 UTC

Flat, tight Asian range · RSI 53 · price 1.33898

Range 1.3379–1.3393 inside Friday's 1.3374–1.3434 swing.

Late in a quiet Asia session, cable is pressing the top of a 14-pip Asian range (asian low 1.3379, asian high 1.3393) on rising Asia lows, with RSI(14) neutral near 53 and price hugging both EMAs. Friday's sell-off from the 1.3434 friday high to the 1.3374 friday low has retraced only about a quarter, and price has chopped below the 1.3406 fri ny high since. The market is holding steady ahead of Thursday's BoE.

Support: 1.33789, 1.33737

Resistance: 1.33929, 1.34057, 1.34336

What it said to watch

  • London open break of the asian high at 1.3393 or the asian low at 1.3379 sets the session direction
  • Close above the fri ny high at 1.3406 opens the 38.2–50% retrace zone of Friday's sell-off
  • Failure to hold the friday low at 1.3374 extends Friday's sell-off
  • US ISM Manufacturing at 15:00 UTC could materially shift this read

04:31 UTC

Flat, Asian range with minor rising lows · RSI 48 · price 1.33889

Asian range 1.3379–1.3393 inside Friday's 1.3374–1.3434 span.

Cable opened Monday with a small gap lower to 1.3385. It has held a tight Asia session range between the asian low at 1.3379 and the asian high at 1.3393 as traders sit out ahead of Thursday's BoE. Rising lows since 02:30 UTC have lifted price back to 1.3389, below Friday's NY bounce high at 1.3406 and well inside Friday's span from the 1.3434 friday high to the 1.3374 friday low.

Support: 1.33789, 1.33737

Resistance: 1.33929, 1.34057, 1.34336

What it said to watch

  • London open break of the 1.3379–1.3393 Asian range sets the first directional leg
  • M15 close above the 1.3393 asian high opens the fri ny high at 1.3406, with the 1.3434 friday high beyond
  • Loss of the rising lows and the 1.3379 asian low exposes the 1.3374 friday low
  • US ISM Mfg PMI at 15:00 UTC during NY hours could materially shift this read

04:16 UTC

Flat, drifting sideways after Friday's NY selloff · RSI 47 · price 1.33883

Tight 14-pip Asian range 1.3379–1.3393 inside Friday's NY range.

Early Asian session on Monday. Cable opened with a small 7-pip gap below Friday's 1.33925 close and is pinned in a 1.3379–1.3393 Asian range, with an Asian low dip to 1.3379 bought back and the Asian high capping. It has retraced only about a quarter of Friday's 60-pip NY drop from 1.3434 to the 1.3374 Friday low, and price is coiling under the Friday cap near 1.3397 as the market sits out Thursday's BoE decision.

Support: 1.33789, 1.33737

Resistance: 1.33929, 1.33973, 1.3405

What it said to watch

  • M15 close above the 1.3393 Asian high exposes the 1.3397 Friday cap and the 1.3405 NY swing high
  • Break of the 1.3379 Asian low puts the 1.3374 Friday low back in play; a close below it marks a lower low
  • London open is the first test of the Asian range
  • US ISM Mfg PMI at 15:00 UTC (f/c 54.6) could break the range during NY hours
  • A move back to the 38.2% fib of Friday's drop near 1.3397 aligns with the Friday cap

04:01 UTC

Flat, drifting near the Friday lows · RSI 52 · price 1.33875

Tight Asian range 1.3379–1.3393, nested inside Friday's NY range.

Late Asia session on Monday, with cable boxed between the 1.33789 asia low and the 1.33929 asia high after the small weekend gap filled. Friday's NY drop from 1.34336 to the 1.33737 fri low recovered only to the 38.2% fib, and the fri cap near 1.3397 has held since. RSI(14) is mid-range near 52 and ATR is about 3.7 pips, consistent with traders sitting out ahead of Thursday's BoE.

Support: 1.33789, 1.33737

Resistance: 1.33929, 1.33973

What it said to watch

  • An M15 close below the 1.33789 asia low exposes the 1.33737 fri low
  • A break above the 1.33929 asia high puts the fri cap and 38.2% fib at 1.3397 back in play
  • The London open in about 3h is the first test of the Asian range
  • US ISM Mfg PMI and Prices Paid at 15:00 UTC could materially shift this read

03:46 UTC

Drifting lower, momentum soft · RSI 41 · price 1.33847

Lower highs inside the Asian range after a gap-down open.

Cable opened Monday with a 7-pip gap below Friday's 1.3392 close and has held a tight 14-pip Asian range of 1.3379–1.3393, with lower highs since 01:15 UTC and price below both EMAs. Friday's NY sell-off from 1.3434 to the 1.3374 friday low still frames the tape; the bounce stalled at the fri ny high of 1.3406, near the 50% retrace, and Asia is quiet ahead of Thursday's BoE.

Support: 1.3379, 1.33737

Resistance: 1.33929, 1.34057

What it said to watch

  • Break of the 1.3379 asian low exposes the 1.3374 friday low
  • M15 close above the 1.3393 asian high fills the weekend gap and breaks the lower-highs line
  • Fri ny high at 1.3406 (50% of Friday's sell-off) caps any recovery
  • US ISM Manufacturing at 15:00 UTC could materially shift this read

03:31 UTC

Mild downtrend, low momentum · RSI 41 · price 1.33845

Asian range 1.3379–1.3393 with lower highs under Friday's late cap.

Monday's 7-pip gap lower was filled at the 1.3393 asian high. Supply capped that level, and price is now drifting along a descending line of asian highs, below both EMAs with RSI(14) near 41 and ATR under 4 pips. Under the 1.3379 asian low sits Friday's NY spike low at 1.3374; the tape is quiet ahead of Thursday's BoE.

Support: 1.33789, 1.33737

Resistance: 1.33929, 1.33973

What it said to watch

  • London open break of the 1.3379–1.3393 Asian range defines the session range
  • Failure to hold the 1.3374 friday low confirms a lower-low below Friday's NY spike
  • Close above the 1.3397 friday cap negates the descending asian highs sequence
  • ISM Manufacturing at 15:00 UTC (f/c 54.6) could shift the USD leg during NY hours

03:16 UTC

Mild intraday drift lower within a tight range · RSI 46 · price 1.33841

Asian range 1.3379–1.3393, lower highs since the session high, holding above Friday's low.

Cable gapped about 7 pips lower at the Asia open as the market sits out ahead of Thursday's BoE decision. The Asian high at 1.3393 capped price, and a slide to a 1.3379 session low followed; price is mid-range near 1.3384 with RSI(14) neutral at 46 and ATR around 4 pips. Price remains below both EMAs and inside the lower half of Friday's post-drop congestion.

Support: 1.33789, 1.33737

Resistance: 1.33929, 1.34057

What it said to watch

  • M15 close below the 1.3379 session low exposes the 1.3374 friday low, the base of Friday's drop
  • Reclaiming the 1.3393 asian high brings the 1.3406 friday ny hi into view, near the 50% of Friday's drop
  • London open is the first test of the Asian range after a sub-5-pip ATR session
  • US ISM Mfg PMI and Prices Paid at 15:00 UTC could materially shift this read

03:01 UTC

Flat to soft, drifting lower in Asia · RSI 43 · price 1.33843

Asian range 1.3379–1.3393 below Friday close, lower highs.

Monday's Asia session opened with a 7-pip gap below Friday's 1.3393 close and has ranged between the 1.3379 asian low and the 1.3393 asian high. Highs have stepped lower, with price just off the session low, below both EMAs and RSI(14) near 43. Price is above the 1.3374 friday low from the NY selloff, with trade thin ahead of Thursday's BoE decision.

Support: 1.33789, 1.33737

Resistance: 1.33929, 1.34057

What it said to watch

  • M15 close below the 1.3379 asian low puts the 1.3374 friday low in play
  • Close above the 1.3393 asian high fills the weekend gap and breaks the lower-highs line, exposing the 1.3406 ny swing hi
  • London open typically sets direction out of the Asian range
  • US ISM Mfg PMI at 15:00 UTC could materially shift this read

02:46 UTC

Drifting lower in a tight Asian range · RSI 36 · price 1.3381

Monday gap-down, lower highs in late Asia, testing session low.

Cable opened Monday with a small gap below Friday's 1.3393 close. It has ranged 1.3379–1.3393 through a quiet Asia session, with lower highs late in the session and a fresh session low at 1.3379. Price still sits above the 1.3374 friday low from the post-12:00 UTC selloff, and the softer USD tone has not yet shown up on this chart.

Support: 1.3379, 1.3374

Resistance: 1.3393, 1.3405

What it said to watch

  • M15 close below 1.3374 friday low breaks Friday's NY floor and extends the lower-high sequence
  • Reclaim of the 1.3393 asian high fills the open gap and restores the Friday range
  • Friday's 1.3405 ny bounce high caps the range above if London lifts price
  • US ISM Mfg PMI at 15:00 UTC could materially shift this read

02:31 UTC

Flat to soft, pressing range low · RSI 35 · price 1.33805

Tight Asian range 1.3380–1.3393 after a Sunday gap down, beneath Friday's NY sell-off.

Asia session opened with a small gap down from Friday's 1.3393 close. Price has held a 13-pip Asian range of 1.3380–1.3393 and is now pressing the asian low, with RSI(14) near 35, as cable sits out ahead of Thursday's BoE. Friday's NY sell-off from 1.3434 to the 1.3374 friday low still frames the session, and the post-drop swing high at 1.3406 stalled near the 50% retracement.

Support: 1.3380, 1.33737

Resistance: 1.33929, 1.34057

What it said to watch

  • An M15 close below the 1.3380 asian low breaks the range and exposes the 1.3374 friday low.
  • A recovery through the 1.3393 asian high puts the 1.3406 swing high and 50% fib of the Friday sell-off back in view.
  • US ISM Manufacturing at 15:00 UTC could materially shift this read. The BoE decision on Thursday remains the larger event risk.

02:16 UTC

Flat, mild downside drift · RSI 45 · price 1.33851

Tight Asian range inside Friday's NY range, below EMAs.

Early Asia session: cable opened with a small gap down from Friday's 1.3393 close and is holding a 12-pip range between the 1.3381 asian low and the 1.3393 asian high. Price sits just below EMA20/EMA50 with RSI(14) near 45. The backdrop is Friday's NY sell-off from 1.3434 to the 1.3374 friday low, and price is barely off the base of that fib. Weekend news flow was quiet, with GBP positioning held into Thursday's BoE.

Support: 1.3381, 1.3374

Resistance: 1.3393, 1.3406

What it said to watch

  • Break of the 1.3381 asian low exposes the 1.3374 friday low
  • London open push above the 1.3393 asian high puts the 1.3406 ny high and the 23.6% fib of Friday's sell-off back in play
  • US ISM Manufacturing at 15:00 UTC (f/c 54.6) could materially shift this read; BoE on Thursday is the larger overhang

02:01 UTC

Sideways after Friday's sell-off · RSI 48 · price 1.33876

Tight Asian range below Friday NY cap.

Monday's Asia session opened with a small gap below Friday's 1.3392 close and has held a 12-pip Asian range of 1.3381–1.3393, with no setup in play and quiet weekend news flow. Price sits roughly 20% into a retracement of Friday's drop from the 1.3434 Friday high to the 1.3374 Friday low, still below the 1.3406 NY cap where the post-drop bounce stalled near the 50% level.

Support: 1.3381, 1.3374

Resistance: 1.3393, 1.3406, 1.3434

What it said to watch

  • M15 close below the asian low at 1.3381 exposes the 1.3374 friday low
  • Hold above the asian high at 1.3393 fills the weekend gap and brings the 1.3406 ny cap back into view
  • London open is the first test of whether the Asian range resolves
  • US ISM Manufacturing at 15:00 UTC, with BoE on Thursday, could materially shift this read

01:46 UTC

Flat, post-reversal range · RSI 50 · price 1.3389

Tight Asian range 1.3381–1.3393 inside Friday's 1.3374–1.3405 post-drop range.

Monday Asia session is holding a 12-pip range between the asian low at 1.3381 and the asian high at 1.3393. This sits inside the range Friday built after the NY sell-off from the 1.3434 prior high to the 1.3374 fri ny low, with rebounds capped near the 50% fib at 1.3405. The small weekend gap filled at Friday's close; RSI(14) is flat near 50 and ATR is about 4.5 pips. No setup is in play ahead of London open.

Support: 1.3381, 1.3374

Resistance: 1.3393, 1.3405, 1.3434

What it said to watch

  • M15 close below the 1.3381 asian low exposes the 1.3374 fri ny low; a break there resumes Friday's reversal
  • Acceptance above the 1.3393 asian high puts the 1.3405 50% fib cap back in focus; a close above it opens the 1.3434 prior high
  • US ISM Manufacturing at 15:00 UTC Monday could materially shift this read; BoE Thursday is the larger GBP event

01:31 UTC

Sideways after Friday's NY-session drop · RSI 48 · price 1.33889

Tight Asian range below 38.2% retracement of Friday's sell-off.

Friday's NY-session drop from 1.3434 to the 1.3374 friday low only retraced to the 38.2% fib near 1.3397. The ny high at 1.3406 capped the rebound before the weekend. Early Asia session on Monday filled the small weekend gap to the 1.3393 asian high, but price remains pinned in a 1.3381–1.3393 range, with the open low at 1.3381 and repeated tests of the 1.3385 asian low.

Support: 1.3385, 1.3381, 1.3374

Resistance: 1.3393, 1.3397, 1.3406

What it said to watch

  • A break above the 1.3393 asian high and the 38.2% fib at 1.3397 reopens the 1.3406 ny high
  • Failure to hold the 1.3381 open low exposes the 1.3374 friday low
  • ISM Manufacturing at 15:00 UTC and Goolsbee at 16:15 UTC later Monday could reset this range read

01:16 UTC

Flat, sideways after Friday's NY sell-off · RSI 48 · price 1.33911

Tight Asia range 1.3381–1.3392 below Friday's lower highs.

Monday's Asia session opened with a small gap below Friday's 1.3392 close and has held a 1.3381–1.3392 range, now pressing the asia high. Friday's NY drop from 1.3434 to the 1.3374 friday low has a rebound that stalled at the 50% retrace near 1.3406, leaving lower highs into the 1.3397 late Friday cap. RSI(14) sits at 48, neutral.

Support: 1.3385, 1.33806, 1.33737

Resistance: 1.3392, 1.33973, 1.34057

What it said to watch

  • M15 close above the 1.3392 asia high fills the weekend gap and brings the 1.3397 late fri cap into play
  • Close above the 1.3406 ny swing hi (50% retrace of Friday's NY drop) breaks the lower-high sequence
  • Loss of the 1.3385 asia pivot and the 1.3381 asia low exposes the 1.3374 friday low
  • US ISM Manufacturing at 15:00 UTC is the first USD catalyst of the week; BoE on Thursday is the dominant GBP risk

01:01 UTC

Flat, post-sell-off consolidation · RSI 47 · price 1.33894

Tight Asian range below an unfilled weekend gap.

Monday's Asia session opened about 7 pips below Friday's 1.3393 close and has held a 1.3381–1.3392 Asian range. An early sweep of the asian low was reclaimed and the asian base near 1.3385 has held since. Price is pinned at EMA20 with RSI(14) at 47 and ATR(14) under 5 pips, only about a quarter of the way back up the fri drop fib from 1.3434 to the 1.3374 fri ny low, so no setup is in play.

Support: 1.3385, 1.3381, 1.3374

Resistance: 1.3392, 1.3397, 1.3405

What it said to watch

  • A close above the 1.3392 asian high fills the weekend gap and exposes the 1.3397 fri late hi, then the 1.3405 fri ny high
  • Losing the 1.3385 asian base and the 1.3381 asian low reopens the 1.3374 fri ny low
  • London open is the first real test of the Asian range
  • US ISM Manufacturing at 15:00 UTC could materially shift this read; GBP positioning into Thursday's BoE adds two-way event risk

00:46 UTC

Intraday downtrend, flattening in Asia · RSI 41 · price 1.33857

Lower highs since Friday's 1.3434 top, tight Asian range near lows.

Early Asia session: Cable opened with a small gap below Friday's 1.3393 close and is holding a thin 1.3381–1.3392 range in weekend-open liquidity, with no fresh catalyst in the digest. Friday's rejection from the 1.3434 friday high sent price to a 1.3374 friday low during NY. The NY high at 1.3406 capped the bounce near the 50% retrace, and the lower-high trendline still holds overhead.

Support: 1.33806, 1.33737

Resistance: 1.3392, 1.34057, 1.34336

What it said to watch

  • A close above the 1.3392 asian high fills the weekend gap and tests the lower-high trendline toward the 1.3406 ny high
  • Failure at the 1.3381 asian low exposes the 1.3374 friday low; a break there extends the lower-low sequence
  • Only a reclaim of the 1.3434 friday high negates Friday's rejection
  • US ISM Manufacturing (Mon 15:00 UTC) is the first scheduled driver; BoE on Thu is the larger GBP risk

00:31 UTC

Post-sell-off range, momentum soft · RSI 40 · price 1.3387

Lower highs inside 1.3374–1.3405 range after Friday's NY drop; Asia session holding just below the gap fill.

Friday's NY sell-off from the 1.3434 Friday high to the 1.3374 Friday low left Cable in a 1.3374–1.3405 range, with the range top capping a series of lower highs into the close. Monday's Asia session opened with a 7-pip gap lower and has held the 1.3381 Asia low but not reclaimed the 1.3392 gap fill, sitting near the 23.6% of the NY sell-off fib with RSI(14) around 40.

Support: 1.3381, 1.3374

Resistance: 1.3392, 1.3405, 1.3434

What it said to watch

  • Break of the 1.3381 Asia low exposes the 1.3374 Friday low and range base
  • Close above the 1.3392 gap fill and the lower highs trendline shifts focus back to the 1.3405 range top
  • Reclaiming 1.3405 reopens the Friday high at 1.3434
  • US ISM Manufacturing and Prices Paid at 15:00 UTC Monday could materially shift this read

00:16 UTC

Sideways after Friday's rejection, lower highs · RSI 44 · price 1.33891

Tight range 1.3381–1.3397 below a lower-high sequence.

Early Asia session. Cable opened Monday with a small gap below Friday's 1.3393 close and is pinned inside the 1.3381–1.3397 range that has held since late NY Friday. Friday's NY rejection from 1.3434 and the stalled rebound at the 50% fib near 1.3406 leave a lower-high trendline overhead, with RSI(14) near 44 and ATR around 5 pips on thin pre-BoE-week flow.

Support: 1.3381, 1.3374

Resistance: 1.3397, 1.3406, 1.3434

What it said to watch

  • M15 close below the range low at 1.3381 exposes the Friday low at 1.3374
  • Close above the range top at 1.3397 and the lower-high trendline brings the 50% fib at 1.3406 back into view
  • Friday high at 1.3434 stays out of reach while the 50% fib at 1.3406 caps
  • US ISM Manufacturing at 15:00 UTC is the first USD catalyst of the week; BoE on Thursday frames GBP

00:01 UTC

Short-term downtrend after Friday's reversal · RSI 40 · price 1.33851

Lower highs below 1.3406 NY high; thin Asia open holding 1.3381-1.3392.

Cable reopened with a ~7-pip gap below Friday's 1.33925 close, and the gap fill level is still untested. Price is drifting in a thin Asia session range above the 1.33806 open low, with RSI(14) near 40 and price below both EMAs. Friday's London push to the 1.34336 Friday high reversed hard in the first hour of NY to the 1.33737 Friday low, and the rebound stalled at the 1.34057 NY high, near the 50% retrace of that drop, leaving a lower highs sequence into the close.

Support: 1.33806, 1.33737

Resistance: 1.33925, 1.34057, 1.34336

What it said to watch

  • M15 close back above 1.33925 fills the gap and neutralises the open drift
  • Failure to hold the 1.33806 open low exposes the 1.33737 Friday low; a break there extends the lower highs sequence
  • A close above the 1.34057 NY high breaks the lower highs line and the 50% retrace cap
  • US ISM Manufacturing (Mon 15:00 UTC, f/c 54.6) is the first scheduled USD driver of the week and could reset the read

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