Cable rallied off Monday's 1.3278 open to a weekly high near 1.3506 through Thursday, then faded as soft UK July Manufacturing PMI (51.9) and BoE dovish-hold repricing sapped the hawkish premium. Price has since printed successive lower highs and now trades below EMA20 and EMA50, sitting on the 38.2% retracement of the week's advance around 1.3419-1.3430. RSI(14) has cycled down toward 40 as momentum drained during the pullback.
Support: 1.3418, 1.3400, 1.3385
Resistance: 1.3475, 1.3500, 1.3555
What it said to watch
H1 close below 1.3418 opens the path toward 1.3385
Reclaim and hold above 1.3500 reopens the 1.3555 cap
Wed ADP and ISM Services (USD) could materially shift this read
23:01 UTC
Uptrend faded, rolling over · RSI 41 · price 1.3431
Lower highs since 1.3500 peak.
Cable rallied from Monday's ~1.3280 open to just above 1.3500 by late week, then faded to the 1.3430 area after the soft UK Manufacturing PMI (51.9) and dovish BoE repricing. Two attempts near the 1.3500 psych level capped and price has since printed lower highs, slipping below the H1 EMA20 with RSI in the low 40s. Demand around 1.3418 is under test while the 1.3450 EMA20 caps rebounds.
Support: 1.3418, 1.3385
Resistance: 1.3450, 1.3500
What it said to watch
H1 close below 1.3418 opens the path toward 1.3385 uob support
Reclaim of 1.3450 EMA20 would ease the rolling-over read
US ADP/ISM Services Wed could materially shift this USD-driven leg
GBPUSD topped at 1.3506 at Monday's Asian open then ground lower through the week, now near 1.3431 below both EMAs. Sterling lagged after the soft UK Manufacturing PMI (51.9 vs 52.8) and a broadly firmer USD on hawkish-Fed pricing. Price is holding the 1.3418 swing low with the 1.3400 psych level sitting just below.
Support: 1.3418, 1.3400, 1.3385
Resistance: 1.3452, 1.3500, 1.3506
What it said to watch
H1 close below 1.3400 opens the 1.3385 support
Reclaim of the 1.3452 ema20 would challenge the lower-highs sequence
Wed ADP / ISM Services is a USD-side catalyst that could shift this read
22:01 UTC
Pullback from weekly highs, momentum down · RSI 39 · price 1.3431
Lower highs since Monday's peak.
GBPUSD opened this week near 1.3491 and tagged a marginal high at 1.3506 in Monday's Asia session before easing steadily through NY, now trading below EMA(20) with RSI(14) sub-40. The soft UK Manufacturing PMI (51.9 vs 52.8) capped the rebound, leaving a string of lower highs and demand stalling around 1.3418. Price is basing tightly above that low into the close.
Support: 1.3418, 1.3400, 1.3385
Resistance: 1.3448, 1.3500, 1.3506
What it said to watch
H1 close below 1.3400 confirms a lower low and opens 1.3385
Reclaim of 1.3448 (EMA20) neutralises the lower-high sequence
US ADP + ISM Services Wed could materially shift the USD side of this read
Lower highs since Monday's high, testing mid-range.
GBPUSD topped at the 1.3506 week high on Monday's Asian open, then rolled over through the NY session printing successive lower highs into 1.3419, with soft UK Manufacturing PMI (51.9 vs 52.8) capping the rally. Price now sits below EMA20 near 1.3455 with RSI cycling under 50, retracing the Monday-low-to-week-high impulse. Demand stepped in at 1.3419 to bounce back to 1.3433.
Support: 1.34186, 1.3400, 1.3385
Resistance: 1.3455, 1.35059
What it said to watch
H1 close below 1.34186 confirms a lower low, opening 1.3400 then 1.3385
Reclaim of the 1.3455 EMA20 area would neutralise the pullback
US ADP/ISM Services Wed and NFP Fri are the near-term USD catalysts
GBPUSD ran from Monday's 1.3278 base to a 1.3506 high early this week before easing back; the pair now sits below EMA(20) after fading a soft UK Manufacturing PMI (51.9 vs 52.8). Price has retraced roughly 38.2% of the week's advance and buyers stepped in near 1.3418, though rallies remain capped under the 1.3450 EMA(20). RSI(14) has cooled toward the low-40s as the pullback developed.
Support: 1.34174, 1.3400, 1.3385
Resistance: 1.3450, 1.3500, 1.35059
What it said to watch
H1 close above 1.3450 EMA(20) reopens the path toward the 1.3500 pivot
Failure to hold 1.3418 exposes 1.3400 then 1.3385 support
US ADP and ISM Services Wed could materially shift the USD-side read
20:01 UTC
Uptrend, momentum fading · RSI 41 · price 1.34305
Pullback from week high, lower highs forming.
GBPUSD trended steadily higher from Monday's 1.3287 open through Thursday's NY session to a week high at 1.35059, but the move has since stalled and faded after soft UK Manufacturing PMI (51.9 vs 52.8). Rejection near the 1.3500 psych level left lower highs into today, and price now sits below EMA(20) around the 1.3418 day low with RSI cooling toward 40. The pullback has retraced back into the 38.2% fib of the week's impulse.
Support: 1.34174, 1.3400, 1.3385
Resistance: 1.3455, 1.3500, 1.35059
What it said to watch
H1 close back above 1.3500 psych reopens the path to the 1.35059 week high
Failure to hold 1.34174 day low exposes the 1.3400 round number then 1.3385 swing low
US ADP and ISM Services Wed could materially shift this read via the USD leg
20:01 UTC
Uptrend, momentum fading · RSI 41 · price 1.34319
Pullback from week high.
GBP/USD rallied off Monday's 1.3278 open to a week high at 1.3495 before easing back through the NY session, with the soft UK Manufacturing PMI (51.9 vs 52.8) capping the topside. Price now trades below the EMA20 near 1.3455 with RSI(14) cooling toward 40. The 1.3417 swing low is the immediate floor, with the 1.3400 round number sitting just beneath.
Support: 1.3417, 1.3400, 1.3385
Resistance: 1.3455, 1.3495
What it said to watch
H1 close back above 1.3455 ema20 needed to re-engage the week-high push
Break below 1.3400 round number opens 1.3385 support
US ADP / ISM Services Wed a USD catalyst that could shift this read
GBP/USD rallied through the week to a 1.3506 high at the reopen before fading, pressured after UK Manufacturing PMI missed at 51.9 vs 52.8 and a firmer USD post-ISM. Price has retraced to the 38.2% fib of the week's impulse near 1.3419 and bounced, but sits below EMA(20) at ~1.3450 with RSI(14) cycling in the mid-40s. The 1.3500 psych level and week high at 1.3506 cap the topside.
Support: 1.3419, 1.3400, 1.3385
Resistance: 1.3450, 1.3500, 1.3506
What it said to watch
H1 close back above 1.3450 EMA(20) reopens the 1.3500 area
Failure to hold 1.3400 round number confirms a deeper leg toward 1.3385 swing low
US ADP/ISM Services Wed could shift the USD leg of this read
19:01 UTC
Pullback from week high, momentum down · RSI 35 · price 1.3419
Lower highs since week open.
GBPUSD gapped higher into this week's open near 1.3491 and poked above 1.3500 at the Asian open before fading, with the soft UK Manufacturing PMI (51.9 vs 52.8) capping the recovery. Price has since carved out lower highs and now trades at 1.3419, below EMA20 with RSI(14) pressed into the mid-30s. The 1.3506 week high stands as a clear rejection point.
Support: 1.3400, 1.3385
Resistance: 1.3455, 1.3506
What it said to watch
H1 close below 1.3400 psych opens the path to 1.3385 support
Reclaim of 1.3455 EMA20 would neutralise the lower-highs read
US ADP / ISM Services Wed could materially shift this read
18:02 UTC
Uptrend stalling, pulling back · RSI 35 · price 1.3419
Lower highs off week high.
The week's rally from Monday's ~1.3288 open peaked at the 1.35059 week high before easing, and price has since carved lower highs through the NY session, slipping below the ema20 near 1.3458 to trade the 38.2% retrace around 1.3419. GBP came off seven-week highs above 1.3500 after the soft Manufacturing PMI (51.9 vs 52.8) and the BoE's dovish-hold repricing capped the upside. RSI(14) near 35 tracks the fade with price probing the 1.3400 round number.
Support: 1.3400, 1.34186, 1.3385
Resistance: 1.3458, 1.34945, 1.35059
What it said to watch
H1 close below 1.3400 round number opens the 1.3385 support
Reclaim of the ema20 near 1.3458 needed to re-challenge the 1.35059 week high
Wed ADP and ISM Services (USD) could materially shift this read
18:01 UTC
Uptrend stalling, pulling back · RSI 40 · price 1.34244
Lower highs after 1.3505 rejection.
GBPUSD rallied hard through midweek into the 1.3494 area, then spiked to 1.3505 at Monday's Asian open before easing after the soft UK Manufacturing PMI (51.9 vs 52.8). Price has since rolled over into lower highs and now trades below the H1 EMA20 near 1.3462, with RSI(14) fading toward 40. The 1.3505 double-top zone capped two attempts this week; supply there has turned the tape lower into the NY session.
Support: 1.3422, 1.3400, 1.3385
Resistance: 1.3462, 1.3505
What it said to watch
H1 close below 1.3400 confirms a lower low toward 1.3385
Reclaim of 1.3462 EMA20 needed to negate the pullback
US ADP/ISM Services Wed could reshape the USD-side read
17:01 UTC
Uptrend, pulling back · RSI 42 · price 1.34327
Higher highs into week high, now correcting.
GBPUSD climbed steadily since Monday's open, from the 1.3278 low to a week high of 1.3506 posted in the Asian session before easing back. Price has slipped under EMA(20) and EMA(50) into the NY session with RSI cooling toward 42, after soft UK Manufacturing PMI (51.9 vs 52.8) capped the recovery near 1.3500. Today's 1.3422 low is the immediate demand marker below; the 1.3450 prior high now caps.
Support: 1.3422, 1.3400, 1.3385
Resistance: 1.3450, 1.3506
What it said to watch
H1 close back above 1.3450 reopens the week high at 1.3506
Failure to hold 1.3400 psych level confirms a deeper lower low toward 1.3385
US ADP and ISM Services Wed are USD-side catalysts that could shift this read
16:01 UTC
Uptrend fading, rolling over · RSI 41 · price 1.34327
Lower highs off weekly top.
GBPUSD spiked to seven-week highs near 1.3506 at the week's open before reversing hard back toward 1.3430 after the soft UK Manufacturing PMI (51.9 vs 52.8) and a firmer dollar on the ISM beat. Price has printed successive lower highs since the 1.3506 rejection and now sits below both EMA20 and EMA50 with RSI back near 40. The 1.3506/1.3494 zone has capped twice, framing a double-top look into the NY session.
Support: 1.3422, 1.3400, 1.3385
Resistance: 1.3455, 1.3506, 1.3515
What it said to watch
Sustained break below 1.3400/1.3385 confirms the lower-low and dovish-BoE headwind
H1 close back above 1.3515 negates the double-top read and reopens 1.3555
US ADP + ISM Services Wed and NFP Friday are the dominant near-term dollar catalysts
Pullback from week high, testing higher-low support.
The week opened Monday near 1.3309 and ran to a seven-week high at 1.3506 before fading; the reversal accelerated after the softer UK Manufacturing PMI and the dovish-tilted BoE hold. Price has since slipped below EMA(20) around 1.3466 and is now pressing the current-day low at 1.3437, with RSI(14) rolling toward 40. The dominant weekly impulse remains intact, but supply capped the run at 1.3506 and each NY-session bounce is now making a lower high.
Support: 1.3437, 1.3400, 1.3385
Resistance: 1.3466, 1.3506, 1.3515
What it said to watch
H1 close below 1.3400/1.3385 confirms a lower-low and deeper pullback
Reclaim of EMA(20) near 1.3466 needed to stall the fade
US ADP and ISM Services on Wed could reset dollar flows driving this pair
15:01 UTC
Uptrend, momentum fading · RSI 42 · price 1.34354
Pullback from weekly high, capped below 1.3506.
Cable ran from Monday's ~1.3278 base to a weekly high at 1.3506 before rolling over into the current NY session, now trading back under EMA(20) as a UK Manufacturing PMI miss (51.9 vs 52.8) reinforced the post-BoE dovish tone. Two attempts near 1.3494/1.3506 failed, and price has since ground down to 1.3435 with RSI(14) sliding toward the low 40s. The 1.3437 swing low is the immediate pivot for whether this week's advance holds.
Support: 1.3437, 1.3400, 1.3385
Resistance: 1.3465, 1.3494, 1.3506
What it said to watch
H1 close below 1.3400 confirms a lower-low and unwinds the week's uptrend
Reclaim of 1.3494/1.3506 reopens the short-squeeze path flagged in context
US ADP and ISM Services (Wed) are the dominant external catalyst for cable
Cable rallied from Monday's 1.3291 open to a 1.3506 week high, but has drifted back below EMA(20) since the latest session as a UK Manufacturing PMI miss (51.9 vs 52.8) reinforced the dovish BoE tone. Price now holds the 1.3447 session low with RSI(14) cooling into the mid-40s; the broader higher-low sequence off Monday's base is still intact above EMA(50). Two probes of the 1.3506/1.3515 cap have failed to extend.
Support: 1.3447, 1.3418, 1.3400
Resistance: 1.3506, 1.3515
What it said to watch
H1 close below 1.3447 session low opens the path toward 1.3400 psych
Reclaim and hold above 1.3506 week high / 1.3515 cap flips the near-term tone
US ADP and ISM Services Wed are the dominant external catalyst for cable
Cable ran up from Monday's 1.3278 base through the week, with the sharp leg off the BoE hawkish 6-3 vote driving the move through the EMAs into a 1.3506 week high. Price has since drifted back under EMA(20) with RSI easing toward the mid-40s as the rally stalled below the 1.3555 UOB cap. The pullback is holding the 1.3440 swing area for now; near-term direction is USD-led with ISM today and NFP Friday the swing factors.
Support: 1.3440, 1.3400, 1.3385
Resistance: 1.35059, 1.3555
What it said to watch
H1 close below 1.3440 opens the 1.3400 support band
Reclaim and close above 1.3506 week high reopens the 1.3555 cap
US ISM today and NFP Friday could materially shift this USD-driven read
Cable ripped higher Thursday on the BoE's hawkish 6-3 hold, clearing prior consolidation and peaking near 1.3496 before Bailey's pushback faded the momentum. Price has since drifted back into a 1.3448-1.3496 range and now sits at 1.3464, hugging EMA20 with RSI(14) cooling below 50. The pullback is holding above EMA50 and this-week's higher-low structure remains intact.
Support: 1.3448, 1.3414, 1.3400
Resistance: 1.3496, 1.3500, 1.3555
What it said to watch
H1 close above 1.3496 reopens the path toward the 1.3555 cap
Failure to hold 1.3448 confirms a lower-low and pressures the 1.3400 band
US ISM / NFP this week is the dominant USD catalyst and could shift this read
13:01 UTC
Uptrend, momentum fading · RSI 49 · price 1.34676
Higher highs into 1.3506, pullback below 1.3500.
Cable ran from 1.3278 into Thursday's session and peaked near 1.3506 on the BoE hawkish-hold surprise, but has since faded back below the 1.3500 psych pivot as Bailey talked down hikes. Price is now drifting around the EMA20 with RSI(14) cooling back to neutral, and demand has stepped in twice near 1.3449 this week. The 1.3500 barrier remains the make-or-break level flagged in the macro read.
Support: 1.3449, 1.3417, 1.3400
Resistance: 1.3500, 1.35059, 1.3478
What it said to watch
H1 close above 1.35059 reopens the path to 1.3515
Failure to hold 1.3449 confirms a lower-low toward 1.3400
1.3500 psych pivot — area to watch for rejection or break
Higher highs into week top, now consolidating below 1.3500.
Cable rallied off Monday's ~1.3280 base through the BoE hawkish-hold spike, extending into the NY session to a week high at 1.34945 before stalling. Since the weekend gap open near 1.3491 price has drifted into a tight consolidation, with the 1.3500 psych level — the market's make-or-break pivot — capping upside and buyers stepping in around 1.3449. Price sits back on EMA20 with RSI(14) cycling near the midline as the impulse cools.
Support: 1.3449, 1.3418, 1.3400
Resistance: 1.34945, 1.35059, 1.3500
What it said to watch
Hourly close above 1.35000 opens the path back to the 1.35059 gap high
Failure to hold 1.34490 exposes the 1.34180 pullback low
Thin UK calendar leaves direction to US ISM/NFP flows and oil headlines
Cable rallied hard from Monday's 1.3278 low into the 1.3506 week high before rejection at the 1.3500 make-or-break pivot, echoing the capped-upside read after the BoE hawkish-hold. Price has since slipped below EMA(20) with lower highs building through the NY session, though it holds above the rising EMA(50). RSI(14) has cooled toward 44 as the impulse loses steam.
Support: 1.3448, 1.3440, 1.3400
Resistance: 1.3470, 1.3500, 1.3506
What it said to watch
H1 close back above 1.3500 revives the hawkish-BoE momentum toward 1.3506
Failure to hold 1.3448 confirms a lower-low and opens 1.3400
US ISM today could shift USD flows and this read
11:02 UTC
Uptrend, momentum fading · RSI 45 · price 1.34614
Pullback from weekly high, lower highs forming.
GBPUSD rallied through the week off Monday's 1.3279 base, spiking on Thursday's closer-than-expected BoE 6-3 hold before Bailey's dovish tone capped the move near 1.3506. Since the post-weekend high, price has drifted into a series of lower highs and now trades back below the H1 EMper(20) around 1.3475, with RSI(14) cooling into the mid-40s. The 1.3445 swing low is the near-term floor; 1.3400 remains the deeper line flagged by the BoE-fade narrative.
Support: 1.3445, 1.3400
Resistance: 1.3475, 1.3506
What it said to watch
H1 close below 1.3445 confirms a lower low and opens the path to 1.3400
Reclaim of EMA20 near 1.3475 would neutralise the pullback read
US ISM Manufacturing at 14:00 UTC could materially shift this read
11:01 UTC
Uptrend stalling, pulling back · RSI 42 · price 1.34478
Lower highs off week high, holding above EMA50.
GBPUSD ran from Monday's 1.328 open to a 1.3506 week high after Thursday's BoE hold, but the move has faded through the Asia and early London sessions as Bailey talked down further hikes. Price has slipped back below the H1 EMA20 near 1.3475 with RSI cycling into the low-40s, and lower highs are stacking since the 1.3506 peak. Demand at the prior 1.3414 swing low and the 1.3400 psychological line frames the pullback.
Support: 1.3414, 1.3400
Resistance: 1.3475, 1.3506
What it said to watch
H1 close below 1.3400 confirms a lower-low and fades the BoE pop
Reclaim of 1.3475 EMA20 would neutralise the pullback read
US ISM Manufacturing at 14:00 UTC could shift USD tone this session
GBPUSD has run higher since Monday's open, accelerating after Thursday's hawkish BoE hold and printing a week high at 1.3506 in early Asia. Price has since faded through the session, slipping back below the H1 EMA20 near 1.3477 as RSI cools off. The rising higher-low sequence and round 1.3400 still sit under the market as reference support.
Support: 1.3415, 1.3400
Resistance: 1.3477, 1.3506, 1.3494
What it said to watch
H1 close below 1.3415 swing low breaks this-week's higher-low structure
US ISM Manufacturing today could shift the USD leg driving this pair
Reclaim of 1.3506 week high needed to resume the advance
The week's dominant move was Thursday's BoE hawkish-hold rally, driving GBPUSD from the 1.3280 base through to 1.3496 as three MPC dissents beat expectations. Price gapped flat into Monday's open near 1.3491 then rejected the 1.3500 psych pivot at 1.35059 and has drifted lower into 1.3455, slipping back below EMA20 with RSI(14) cooling toward 44. The rising support off Monday's higher-lows and EMA50 near 1.3430 still underpin the broader up-structure.
Support: 1.3445, 1.3417, 1.3400
Resistance: 1.34955, 1.3500, 1.3515
What it said to watch
H1 close below 1.3445 confirms a lower-low and opens the path toward 1.3400 support
Reclaim and close above 1.3500 psych pivot revives the hawkish-BoE bid toward 1.3515
US ISM today and Friday NFP could materially shift the USD leg of this read
The prior week's rally from 1.3273 pushed to a 1.3506 week high at Monday's open before rejection, and price has since drifted back to the 1.3452 session low, slipping under EMA(20) while holding above EMA(50). GBP stayed soft even as the USD eased on Iran de-escalation hopes, underscoring Sterling-specific supply after Bailey talked down the BoE's 6-3 hawkish hold. RSI(14) has cooled toward the low-40s as the pullback developed.
Support: 1.3452, 1.3440, 1.3400
Resistance: 1.3506, 1.34945
What it said to watch
H1 close below 1.3440 swing low confirms a lower-low
Reclaim of the 1.3506 week high needed to resume the uptrend
Loss of 1.3452 exposes the 1.3400 psych zone
US ISM Manufacturing at 14:00 UTC could shift the USD leg of this read
GBPUSD ripped higher from Thursday's 1.3278 low after the BoE's 6-3 hawkish hold, running through the 1.3400s into a 1.3506 week high on Monday's open. Price has since drifted back under EMA20, holding a tight Asian-session range around 1.3459 with RSI cooling near 45. The 1.3506 area capped Monday's push and the 1.3453 session low is the near-term floor.
Support: 1.34527, 1.3400
Resistance: 1.35059, 1.3515
What it said to watch
H1 close below 1.3440 confirms a lower low and breaks the rising support line
Reclaim of 1.3506 reopens the 1.3515 barrier
US ISM Manufacturing at 14:00 UTC and NFP Friday could materially shift this read
Cable ran a clean three-day advance off Monday's ~1.3278 base, spiking through 1.3450 on the BoE's hawkish 6-3 hold and extending on broad USD weakness to a week high at 1.35059. Momentum has faded since the Asia session, with price drifting back toward 1.3458 and RSI(14) cooling to the low-50s as the rally digests. Price holds above EMA(20) but pullbacks are no longer being bought as aggressively, and the 1.3506–1.3515 barrier has capped the upside.
Support: 1.34527, 1.3400
Resistance: 1.35059, 1.3515
What it said to watch
Loss of 1.3400 support opens the path to renewed downside
H1 close above 1.3515 barrier reopens the week high
US ISM Manufacturing at 14:00 UTC is USD-led and could shift this read
Cable ran from Monday's ~1.3290 open to a 1.35059 week high into this week's early hours before fading back to the EMA20, the advance driven by broad USD weakness rather than sterling strength as the BoE hold faded. RSI(14) has cooled toward neutral after the three-day push, and rejection at the 1.35059 week high has left price drifting into 1.34945 supply. This-week support at 1.34400 remains the pivot for the uptrend structure.
Support: 1.3440, 1.3414
Resistance: 1.35059, 1.34945
What it said to watch
H1 close below 1.34400 opens downside toward the 1.34140 swing low
Reclaim of 1.35059 week high would resume the advance
US ISM Manufacturing at 14:00 UTC could reprice the USD leg driving this move
Higher highs into consolidation below weekly high.
GBPUSD ran from Thursday's ~1.3273 base up through 1.3500 on the hawkish 6-3 BoE hold, though much of that leg was flattered by USD weakness after suspected Yen intervention. Price tagged a weekly high at 1.35059 into the Asia session and has since eased into a tight consolidation around 1.3475, holding above EMA20 with RSI(14) cooling back to the mid-50s. The 1.3515 barrier caps the topside while higher lows since Wednesday keep the structure constructive.
Support: 1.3468, 1.3450, 1.3400
Resistance: 1.35059, 1.3515
What it said to watch
H1 close below 1.3450 breaks the higher-low sequence and opens the 1.3400 first support
Reclaim of 1.35059 weekly high exposes the 1.3515 upside barrier
US ISM Manufacturing at 14:00 UTC could shift the USD-driven read
GBPUSD ran from the low-1.330s into 1.3506 through Thursday's BoE hawkish-hold and the Yen-intervention USD slump, and has since consolidated just under that week high. Price is drifting back toward EMA(20) with RSI(14) cooling to the mid-40s after the impulse; the 1.3506 week high has capped follow-through so far. The weekend re-open held the gains, keeping the broader uptrend structure intact above 1.3400.
Loss of 1.3440 swing low questions the uptrend structure
US ISM Manufacturing PMI at 14:00 UTC could shift USD flows and this read
05:01 UTC
Uptrend, momentum slowing · RSI 44 · price 1.3468
Higher highs into week high, now pulling back.
GBPUSD ran from Wednesday's 1.3273 base to a fresh week high at 1.3506 into Friday's NY session, driven by the hawkish-hold BoE vote and USD softness after suspected Yen intervention. The pair has since faded back to 1.3468, slipping under EMA(20) as the intervention windfall unwinds and RSI(14) cools off the highs. Demand near 1.3464 is holding the pullback so far, with 1.3400 the deeper this-week support.
Support: 1.3464, 1.3450, 1.3400
Resistance: 1.3506, 1.3515
What it said to watch
H1 close above 1.3515 barrier reopens the path toward the week's extension
Loss of 1.3400 support questions the week's uptrend structure
US ISM Manufacturing PMI at 14:00 UTC could materially shift this read
05:01 UTC
Uptrend, momentum cooling · RSI 50 · price 1.3468
Higher highs into consolidation below week high.
GBPUSD ran a strong impulse through Thursday and Friday off the BoE hawkish-hold and the USD's intervention-driven slump, stretching from the low-1.328s to a week high at 1.3506. Since Monday's Asia open price has stalled and eased back to 1.3468, holding above prior range around 1.3440 but capped short of the 1.3515 barrier. RSI(14) has unwound off overbought as the market digests Bailey's dovish framing, with the swing low at 1.3464 now the near-term pivot.
Support: 1.3464, 1.3440, 1.3400
Resistance: 1.3506, 1.3515
What it said to watch
H1 close above 1.3515 barrier reopens the path toward the week high extension
Loss of 1.3440 prior range exposes the 1.3400 psych level
US ISM Manufacturing (14:00 UTC) could shift the USD leg of this read
04:02 UTC
Uptrend, momentum slowing · RSI 51 · price 1.3468
Higher highs into week-high rejection, shallow pullback.
GBPUSD ran from Thursday's 1.3273 base to a 1.3506 week high on the hawkish BoE hold, before Bailey's pushback and a firmer Dollar capped the move. Price has since drifted back to 1.3468, stalling under EMA20 with RSI(14) cooling toward neutral. The 1.3506 week high has capped the last attempts, while 1.3445 is the near-term pivot holding the pullback.
Support: 1.3445, 1.3400
Resistance: 1.3506, 1.3515
What it said to watch
H1 close below 1.3445 pivot confirms a deeper pullback toward 1.3400
Reclaim of 1.3506 week high reopens the 1.3515 barrier
US ISM Manufacturing in ~10h could materially shift the Dollar leg of this read
GBPUSD has trended higher since Thursday's hawkish BoE hold spiked Sterling through 1.336, extending into the Friday NY session to a 1.3506 week high. Monday's Asia session has faded that push back to 1.347, holding above EMA20 while RSI cools from the highs — a mild bearish divergence against the last leg up. The 1.3445 pivot and 1.3400 support flagged in the wider read remain the reference floors below.
Support: 1.3468, 1.3445, 1.3400
Resistance: 1.3506, 1.3488
What it said to watch
H1 close above 1.3506 week high resumes the uptrend toward 1.3515 barrier
Loss of 1.3445 pivot exposes the 1.3400 key support
US ISM Manufacturing at 14:00 UTC could reset this read via the Dollar
GBPUSD rode the BoE's hawkish hold higher through Thursday, running from the 1.3273 base to a 1.35059 week high before Bailey's dovish pushback stalled the advance. Price has since eased into the new week, rejecting the 1.35059 area and slipping toward the session low at 1.34683 while holding well above EMA20/EMA50. RSI has cooled off its highs into the low-50s as the pullback develops.
Support: 1.34683, 1.3445, 1.3400
Resistance: 1.35059, 1.3515
What it said to watch
H1 close below 1.3445 pivot confirms a lower low and cracks the rising support
Close back above 1.35059 week high reopens the 1.3515 barrier
US ISM Manufacturing at 14:00 UTC could shift the USD leg materially
Higher highs since Thursday, easing off week high.
GBPUSD carried the BoE hawkish-hold impulse from Thursday, rallying off the 1.3280 range into a 1.3506 week high at Monday's open before easing back to 1.3474. Price holds above EMA(20) with RSI(14) mid-range as the move consolidates; the 1.3506–1.3515 area has capped the topside, matching the flagged upside limit. Below, 1.3445 is the near-term pivot that has framed higher lows through the week's advance.
Support: 1.3445, 1.3465, 1.3400
Resistance: 1.3506, 1.3515
What it said to watch
H1 close below 1.3445 pivot breaks the week's rising-low sequence
Resistance at 1.3506–1.3515 — area to watch for rejection or break
US ISM Manufacturing at 14:00 UTC could shift the USD read
GBPUSD has trended higher since Thursday's hawkish BoE hold, breaking out through the low-1.33s and stretching to a weekly high near 1.3495. Price is now consolidating in a tight band just under that high into the new week, with RSI(14) elevated but flattening as the impulse cools. The 1.3515 barrier flagged in the wider read caps the upside while pullbacks have so far held above the 1.3445 pivot.
Support: 1.3445, 1.3400, 1.3460
Resistance: 1.3495, 1.3515
What it said to watch
H1 close above 1.3515 opens the path higher; capped so far
Loss of 1.3445 pivot would confirm a lower-low and threaten 1.3400
USD-driven risk (ISM/intervention aftermath) could shift this read
GBPUSD ran up through the back half of the week, the impulse igniting from 1.3280 mid-week as the post-BoE hawkish hold was digested, before extending toward a 1.3497 week high. Price is now holding above EMA20 and consolidating just under the 1.3500 psych level, with RSI cycling back off overbought as momentum flattens. The uptrend structure of higher highs stays intact while price holds above the 1.3465 EMA20 shelf.
Support: 1.3465, 1.3444, 1.3400
Resistance: 1.3500, 1.3515, 1.3497
What it said to watch
H1 close above 1.3500 opens the path to the 1.3515 prior high
Failure to hold 1.3465 EMA20 exposes the 1.3444 prior range
US ISM Manufacturing (14:00 UTC) could shift the USD leg of this read
00:01 UTC
Uptrend, extended · RSI 68 · price 1.34949
Higher highs, higher lows since Thu spike.
GBPUSD has run in a clean uptrend since Thursday's hawkish 6-3 BoE split spike lifted the pair off the 1.3280 area, with pullbacks holding above EMA(20) all week. Price closed the week near the 1.3506 high into thin weekend liquidity, RSI(14) elevated around 67 but not yet stretched. Resistance sits at the 1.3500 round number and 1.3506 week high; 1.3445 remains the post-BoE pivot below.
Support: 1.3475, 1.3445, 1.3400
Resistance: 1.3506, 1.3500
What it said to watch
H1 close below 1.3445 breaks the week's rising low structure
ISM Manufacturing PMI Mon 14:00 UTC could shift the USD leg of this read