GBP/USD AI Live Scan, 4-hour chart, Tuesday, 4 August 2026
Every read JAFX AI made on the GBP/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:01 UTC
Recovery uptrend, momentum slowing near cap · RSI 55 · price 1.34511
Higher lows since 1.3273; capped under 1.3475.
Higher-low structure intact since the late-month 1.3273 low, with the recovery leg stalling just under the 1.3475 range cap and price now boxed in the 1.3400s. GBP is capped by dovish BoE repricing after the 6-3 hold, with the pair effectively hostage to the USD leg into Friday's NFP. ATR holds a moderate regime — no breakout impulse yet, price coiling above the EMA20/EMA50 stack.
Support: 1.3420, 1.3400, 1.3273
Resistance: 1.3475, 1.3506, 1.3555
What it said to watch
H4 close above 1.3506 reopens 1.3555 upside barrier
Failure to hold 1.3400 range floor confirms a lower low toward 1.3273
US NFP Friday is the dominant driver and could break this range either way
GBPUSD recovered off the late-July 1.3273 low with a clean impulse to 1.3506 before settling into a 1.3420-1.3495 consolidation — a move fed by the post-FOMC USD unwind while dovish BoE repricing caps sterling. Price holds above EMA20 and EMA50 with higher lows intact, but ATR(14) has compressed as the pair coils under the 1.3475 range cap. Momentum has cooled into a tight band ahead of Friday's US jobs data.
Support: 1.3420, 1.3400, 1.3385
Resistance: 1.3475, 1.3506, 1.3555
What it said to watch
H4 close above 1.3475 opens the path to 1.3506 and the 1.3555 upside barrier
Failure to hold 1.3420 exposes the 1.3400 range floor and 1.3385 support
US NFP Friday is the dominant driver and could shift this read
17:02 UTC
Recovery off lows, consolidating · RSI 57 · price 1.34539
Range-bound below 1.3475 after rebound from 1.3273.
GBPUSD rebounded sharply from the 1.3273 swing low back into the 1.3400–1.3475 band, with the recovery leg stalling around the 61.8% retracement of the prior decline near 1.3450. Price is holding above both EMA20 and EMA50 but capping under 1.3475, in line with the dovish-BoE repricing that has kept rallies in check since the seven-week high above 1.3500. ATR(14) has compressed to ~29 pips, marking tight consolidation into Friday's US NFP.
Support: 1.3400, 1.3385, 1.3273
Resistance: 1.3475, 1.3495, 1.3555
What it said to watch
Sustained H4 close above 1.3475 opens the path back toward 1.3495/1.3555
Loss of 1.3400 range floor confirms a lower-low toward 1.3385 pivot
US NFP Friday is the dominant near-term driver and could break this range
17:01 UTC
Range-bound, recovering off lows · RSI 52 · price 1.34539
Consolidating inside 1.3400-1.3475 range.
Price rebounded sharply off the 1.3273 swing low and is now churning inside the 1.3400-1.3475 range, with the mid-1.34s capping the pullback from the 1.3506 recovery high. The dovish-BoE repricing after Bailey's pushback has kept rallies capped, while the descending trendline off 1.3555 remains the barrier on any bounce. ATR sits mid-regime with price coiling just above the EMA20/EMA50 cluster into the US NFP print.
Support: 1.3400, 1.3385, 1.3273
Resistance: 1.3475, 1.3506, 1.3555
What it said to watch
A sustained H4 close below 1.3400 confirms a lower-low toward the 1.3385 pivot
A close above 1.3475 range cap opens the path back to 1.3506
US NFP on Friday is the dominant near-term driver and could break this range either way
Higher lows off late-window low, holding under range cap.
Price has recovered off the 1.3273 swing low on a run of higher lows and now sits at the 1.3448 level, roughly the 61.8% retrace of the 1.3558-1.3273 down-swing. The advance stalled at the 1.3475 barrier after last week's high at 1.3506 failed to hold, leaving a broader lower-high structure intact under the 1.3558 range cap. ATR(14) near 30 pips shows compression as price consolidates below resistance ahead of Friday's US NFP.
Support: 1.3400, 1.3385, 1.3273
Resistance: 1.3475, 1.3506, 1.3558
What it said to watch
H4 close above 1.3475 barrier opens the path to 1.3506 / 1.3558
Failure to hold the 1.3400 pivot exposes 1.3385 uob support
US NFP Friday is the dominant near-term driver for this pair
Price rallied off the 1.3278 base to tag 1.3494 before stalling, and now consolidates in the mid-1.34s with the 1.3475 barrier capping — consistent with the dovish BoE repricing and USD rebound on strong ISM. Higher lows off the late-month low keep the near-term recovery intact while both EMAs sit below price, but the pullback to 1.3417 shows supply into the barrier. Friday's US NFP is the dominant near-term catalyst.
Support: 1.3417, 1.3400, 1.3385
Resistance: 1.3475, 1.3494, 1.3555
What it said to watch
H4 close above 1.3475 barrier opens the path toward the 1.3494 swing high and 1.3555 hard cap
Loss of 1.3417 pullback low exposes the 1.3400 pivot and 1.3385 support
US NFP Friday could materially shift this read via the Dollar
GBPUSD based near 1.3278 through late July before a sharp impulse rally to 1.3495, aided by the corrective USD pullback and dovish-but-priced BoE backdrop. Price has since drifted back toward the 1.3420 swing low and is now consolidating around 1.3437, holding above EMA50 but slipping back under EMA20 as momentum flattens. The 1.3495 swing high caps the range while 1.3385-1.3420 marks the pullback floor.
Support: 1.3420, 1.3385, 1.3278
Resistance: 1.3495, 1.3555
What it said to watch
US July NFP Friday is the dominant catalyst and could reset this read
H4 close below 1.3385 confirms a lower-low and reopens 1.3278
Reclaim of 1.3495 swing high puts the 1.3555 cap in play
09:01 UTC
Recovery off range lows, pulling back · RSI 53 · price 1.34368
Higher low at 1.3273, easing from 1.3506 swing high.
Price rallied off the 1.3273 range low to tag 1.3506 before easing back to the 1.3437 area, with the pullback so far holding above a rising line of higher lows. The move stalled around the 38.2% retracement near 1.3417, keeping the recovery leg intact but unconfirmed. Backdrop stays two-way: firmer USD on the ISM beat versus a dovish BoE repricing, with Friday's US NFP the dominant catalyst.
Support: 1.3417, 1.3385, 1.3273
Resistance: 1.3506, 1.3520
What it said to watch
H4 close below 1.3385 opens further downside toward the 1.3273 range low
Reclaim of 1.3506 needed to resume the recovery leg
Higher lows since 1.3273, pullback from 1.3506 high.
Cable rallied off the 1.3273 base into 1.3506, tagging the week high before stalling and rejecting below 1.3520 — the near-term pivot flagged after the dovish BoE repricing capped GBP. Price is now unwinding into the 38.2% retracement of that impulse near 1.3417, holding above EMA20 and EMA50. Higher-low structure remains intact while 1.3420 holds.
Support: 1.34199, 1.3354, 1.32733
Resistance: 1.35059, 1.3520
What it said to watch
H4 close below 1.34000 threatens the higher-low structure toward 1.3354
Sustained move above 1.3520 reopens the path to 1.3555
US ADP (12:15 UTC) and ISM Services could materially shift this USD-driven read
Cable carved a rounded bottom off the 1.3273 swing low and pushed back above both EMAs, reclaiming the mid of the prior multi-day range after firm US ISM data steadied the dollar. The rally stalled below 1.3495 and price is now retesting 1.3420 as ATR(14) sits mid-regime. Soft UK PMI and dovish BoE repricing cap the upside near the 1.3528/1.3555 zone flagged as the near-term pivot.
Support: 1.34199, 1.3354, 1.32733
Resistance: 1.34945, 1.35281
What it said to watch
H4 close above 1.3495 opens the path back toward the 1.3528 pivot
Loss of 1.3420 exposes the 1.3354 EMA20 shelf
ADP and ISM Services (US) today could shift this USD-driven read
Higher lows since late-July, stalling under swing high.
GBPUSD rallied off the late-July 1.3278 low and broke the prior 1.328-1.335 range, tagging 1.3505 before pulling back to 1.3426, a shallow 38% give-back of the impulse. The recovery is stalling under 1.3500 in line with the dovish-leaning BoE hold that has capped sterling. ATR(14) near 38 pips marks a moderate regime with price holding above both EMAs.
Support: 1.3385, 1.3280
Resistance: 1.3505, 1.3555
What it said to watch
H4 close above 1.3505 opens the path toward the 1.3555 cap
Failure to hold 1.3385 negates the recovery and reopens 1.3280
Wed US ADP/ISM Services could shift USD tone and this read
GBPUSD carved a double bottom near 1.3273-1.3285 late last month and rallied hard back to 1.3505, but the last three sessions have rolled over toward 1.3426 after rejection at the 1.35 handle. The bounce owed to broad USD softness, while the dovish-leaning BoE hold keeps sterling capped sub-1.3500. Price sits between EMA20 and EMA50 with RSI mid-range — momentum has flattened after the impulse.
Support: 1.34174, 1.33385, 1.32733
Resistance: 1.35059, 1.35281, 1.34945
What it said to watch
H4 close above 1.3506 reopens the 1.3528 swing high
Loss of 1.3417 exposes the 1.3338 range base
Wed ADP and ISM Services are USD catalysts that could break this range