19:01 UTC
Broad range, momentum turning down · RSI 46 · price 1.33528
Ranging mid-band, off January high.
GBPUSD has been range-bound between roughly 1.3100 and 1.3770 since mid-2025, and price now sits mid-band with momentum rolling over from the January swing high near 1.3684. The W1 EMA(50) has flattened around 1.344 and price has slipped just below it, marking the up-leg from the 1.21 low as stalled rather than extending. RSI is mid-range and offers no extreme at this scale, while the macro context shows GBP leaning on a fragile BoE premium against a firmer dollar post-NFP.
Support: 1.3100, 1.3000
Resistance: 1.3684, 1.3770
What it said to watch
- Weekly close below the 1.3100 swing low confirms a deeper leg toward the 1.3000 psych level
- Reclaiming the 1.3684 jan high reopens the 2025 high at 1.3770
- US CPI (Jun 10) is the next macro catalyst that could reshape this regime read