Cable has ground higher for a second session, tracking a soft USD after the ADP miss (44K vs 70K) and easing ISM Services rather than anything UK-specific. Price sits above both EMA(20) and EMA(50) with pullbacks finding support along a rising line of higher lows from 1.3419; the 1.3486 session high has capped the latest push. RSI(14) cycling near 54 keeps the advance orderly, well short of the 1.3506 week high.
Support: 1.3440, 1.3419, 1.3400
Resistance: 1.3486, 1.3506
What it said to watch
US NFP Friday 12:30 UTC is the dominant risk for the USD leg and can override this read
H1 close above 1.3486 opens the path to the 1.3506 week high
Failure to hold 1.3440 breaks the higher-lows sequence and exposes 1.3419
22:01 UTC
Recovering within weekly range · RSI 56 · price 1.34654
Higher lows into range top.
Cable ground higher for a second day off the 1.3420 range floor as a soft US ADP print and ISM Services miss capped the dollar, with firm UK final Services PMI lending sterling modest support. Price sits in the upper half of the 1.3420-1.3486 band, holding above EMA(20) with RSI(14) cycling near 55 on each pullback. The 1.3486 session high and 1.3506 week high remain the levels capping this week's recovery.
Support: 1.3435, 1.3420, 1.3400
Resistance: 1.3486, 1.3506
What it said to watch
US NFP Friday is the dominant risk and could break this range either way
H1 close above 1.3486 opens the path back to the 1.3506 week high
Loss of the 1.3420 range floor exposes the 1.3400 handle and confirms a lower-low
22:01 UTC
Uptrend, grinding into range top · RSI 55 · price 1.34652
Higher lows inside 1.3420-1.3470 band.
Cable ground higher for a second day into the NY session, tracking above EMA(20) as soft US data (ADP miss, JOLTS) kept the dollar capped. Price sits just under the 1.3470 range top that has capped the week, with the 1.3420-1.3470 band still intact and higher lows building beneath. The move up from Monday's 1.3402 low into 1.3506 remains the dominant impulse; RSI(14) cycles mid-50s.
Support: 1.3464, 1.3420, 1.3400
Resistance: 1.3470, 1.3506, 1.3555
What it said to watch
H1 close above 1.3470 opens the path to 1.3506 then 1.3555
Loss of 1.3420 negates the higher-low structure and the mild upside lean
US NFP Fri 12:30 UTC is the dominant near-term driver for this read via the USD leg
Cable reversed off Monday's 1.3506 high after strong US ISM Manufacturing and settled into a 1.3420-1.3470 band, then ground higher for a second session on a softer dollar (ADP miss, soft ISM services). Price now presses the 1.3470 range top with higher-lows building since yesterday's NY session and RSI(14) holding mid-50s. The band remains intact — 1.3470 has capped repeated attempts this week.
Support: 1.3456, 1.3420, 1.3400
Resistance: 1.3470, 1.3506
What it said to watch
H1 close above 1.3470 opens the path to the 1.3506 week high
Loss of 1.3420 range floor negates the higher-lows structure
US NFP Friday is the dominant catalyst and could break this band either way
21:01 UTC
Recovering, range-bound · RSI 57 · price 1.34678
Coiling in 1.3420-1.3470 band, higher lows since Monday's dip.
GBPUSD ground higher off Monday's 1.3400 dip and has spent the last two days coiling in a 1.3420-1.3470 band, holding above EMA20 with RSI near 57. Price is pressing the 1.3470 barrier again into the NY close after a run of soft US data (ADP miss, ISM services light) kept the dollar heavy. Sterling-specific catalysts are thin, so the next leg is USD-led.
Support: 1.3440, 1.3420, 1.3400
Resistance: 1.3470, 1.3506, 1.3555
What it said to watch
H1 close above 1.3470 barrier opens 1.3506 recent high, then 1.3555 upside zone
Failure to hold 1.3440 pivot exposes the 1.3420 range low
US NFP Fri is the dominant catalyst and could break the range either way
Cable ground higher for a second session, holding above EMA20/50 and pressing the 1.3470 barrier that has capped this week's attempts. USD softness after the ADP miss and cooling ISM Services employment kept the dollar pinned, underpinning the recovery off Monday's 1.3400 low. RSI(14) sits mid-50s — constructive but not stretched.
Support: 1.3450, 1.3420, 1.3400
Resistance: 1.3470, 1.3486, 1.3506
What it said to watch
H1 close above 1.3470 opens the path to 1.3506 week high
Failure to hold 1.3450 reopens 1.3420 range low
US NFP Fri 12:30 UTC is the dominant near-term risk and could reset this read
19:01 UTC
Mild uptrend within weekly range · RSI 61 · price 1.34695
Rising lows into range top.
Cable has ground higher for a second day, tracking a soft Dollar after the ADP miss (44K) and cooling Iran risk, holding above EMA(20) since Tuesday's 1.3402 low. The advance is stalling into the 1.3475 trendline barrier that has framed the week's 1.3400–1.3475 range, with RSI(14) cycling in the mid-60s on each push. A clean higher-low sequence off 1.3419 keeps the structure constructive but capped.
Support: 1.3458, 1.3419, 1.3400
Resistance: 1.3475, 1.3506
What it said to watch
H1 close above 1.3475 opens the path toward the 1.3506 week high
Loss of 1.3419 higher low breaks the rising-low sequence
US NFP Friday is the decisive external catalyst — a sustained loss of 1.3400 shifts the range bias
19:01 UTC
Grinding higher within range · RSI 57 · price 1.34686
Range-bound, higher lows since Tuesday.
Cable has ground higher for a second day off Tuesday's 1.3417 low, holding above EMA(20) with RSI(14) cycling around the mid-50s as softer US data (ADP 44K miss, easing JOLTS) trimmed the Dollar. Price is pressing the 1.3475 range top that has capped repeatedly this week; the broader 1.3400–1.3475 band still frames the tape. Moves stay compressed sub-40 pips as the market waits on Friday's US payrolls.
Support: 1.3437, 1.34174, 1.3400
Resistance: 1.3475, 1.3486, 1.3506
What it said to watch
H1 close above 1.3475 range top opens the path toward the 1.3506 week high
Failure to hold 1.3417 swing low shifts the range read back toward 1.3400 base
US NFP Friday 12:30 GMT is the decisive external catalyst for this pair
Cable has been boxed in a 1.3419–1.3486 band since Monday, grinding back above EMA20 as a second day of soft US data (ADP 44K, ISM services employment sub-50) kept the dollar heavy. RSI(14) is cycling neutral in the low-50s and higher lows have built off the 1.3419 week low, but 1.3486 has capped the recovery. Momentum is contained ahead of Friday's US payrolls.
Support: 1.3442, 1.3419, 1.3400
Resistance: 1.3486, 1.3506
What it said to watch
US NFP Friday is the dominant cable driver and could break this range
H1 close above 1.3506 opens the path toward the 1.3555 upside zone
Sustained break of 1.3419 flips the near-term range lower toward 1.3400
17:01 UTC
Range-bound, no clear direction · RSI 52 · price 1.34598
Consolidation within weekly band.
Cable is boxed in the week's 1.3400–1.3506 band, with price hovering right on the H1 EMA(20) near 1.3459 after recovering from Tuesday's 1.3419 dip. The 1.3486 recent high has capped the last two NY-session attempts, while 1.3400 continues to hold as the floor. Moves here are a USD story — soft ADP and ISM Services employment kept the dollar heavy, but the range persists into Friday's payrolls.
Support: 1.3452, 1.3419, 1.3400
Resistance: 1.3486, 1.3506, 1.3555
What it said to watch
H1 close above 1.3506 opens the path toward the 1.3555 upside zone
Break and hold below 1.3400 flips the near-term range bearish
Friday US NFP is the dominant cable catalyst and can break this range
Cable has stayed boxed in a 1.3420–1.3495 band all week, with flows dictated by the dollar rather than UK data after the soft ADP and ISM Services employment prints faded USD. Price sits right on the 50% retracement of the pullback from 1.3506 down to 1.3417, holding above EMA20 and EMA50 with RSI cycling neutral near 54. Higher lows have built since Monday but each push toward 1.3495 has stalled.
Support: 1.3455, 1.3420, 1.3400
Resistance: 1.3495, 1.3506
What it said to watch
H1 close above 1.3506 opens the path to the 1.3555 upside zone
Sustained break below 1.3400 flips the near-term range bearish
US NFP Friday is the dominant catalyst and could reset this range
Cable has ground higher for a second session, recovering from Tuesday's 1.34174 low back above EMA(20) and EMA(50) into the NY session near 1.34805 — the soft US ADP miss and easing Hormuz tensions trimmed the safe-haven bid. Higher lows have held all week and RSI(14) sits near 62 with momentum intact. Resistance at 1.34945 has capped prior attempts; a close through it opens the 1.35059 week high.
Support: 1.3464, 1.34374, 1.34174
Resistance: 1.34945, 1.35059
What it said to watch
H1 close above 1.34945 opens the path to 1.35059
Failure to hold 1.34640 breaks the higher-low sequence
US NFP Friday 12:30 UTC is the dominant catalyst and could reshape this read
15:02 UTC
Uptrend, higher lows building · RSI 61 · price 1.34805
Recovery off week low, stacking higher lows.
Cable has ground out a second day of higher lows off the 1.3400 week low, helped by a softer dollar after the ADP and JOLTS misses. Price is holding above the H1 EMA20 (~1.3457) and pushed through the 1.3475 analyst level into the NY session, with RSI(14) cycling in the upper-50s/low-60s. The 1.34945 swing high is the next cap ahead of the 1.3506 week high; pullbacks have so far been bought near the EMA20.
Support: 1.3457, 1.34174, 1.3400
Resistance: 1.34945, 1.35059
What it said to watch
Hourly close above 1.34945 opens the path to the 1.35059 week high
Loss of the EMA20 near 1.3457 exposes the 1.34174 swing low
US July NFP on Friday is the dominant catalyst and can override this read
Cable has carved out higher lows since the 1.3402 print early in the week, and a second USD-led leg higher — helped by soft JOLTS/ADP and easing Hormuz risk — lifted price back above EMA20 to mid-1.3400s. The 1.3484 area continues to cap probes, keeping the well-worn 1.3400–1.3475 band intact with RSI(14) cycling mid-range. Momentum is constructive but the range top has not yet given way.
Support: 1.3453, 1.34174, 1.3400
Resistance: 1.3484, 1.34945, 1.3506
What it said to watch
H1 close above 1.3484 opens 1.34945 then 1.3506 resistance
Loss of 1.3453 ema20 and the higher-low trendline reopens 1.34174 swing low
US NFP Friday is the dominant catalyst and could reset this range read
14:01 UTC
Recovering, grinding higher within range · RSI 61 · price 1.34681
Higher lows off Tuesday's base, capped under range top.
Cable has built a series of higher lows since Tuesday's 1.34186 base and now trades back above both EMAs into the NY session, with RSI(14) around 60. The advance stalls under the 1.34823 session high, keeping the broader 1.3400–1.3506 weekly range intact; a soft ADP and fading Hormuz premium have kept the dollar heavy for a second day. Pullbacks this week have been holding the EMA20 near 1.3444.
Support: 1.3454, 1.3444, 1.34186
Resistance: 1.34823, 1.3495, 1.3506
What it said to watch
H1 close above 1.34823 opens the path to the 1.34950 week high
Loss of 1.34440 (EMA20) reopens the 1.34186 week low
US ISM Services (today) and Friday NFP are the dominant USD catalysts into this range
Cable has ground higher off Tuesday's 1.3417 low with a sequence of higher lows, holding above EMA(20) through the NY session and probing the 1.3475 range top. The move is USD-led — soft ADP (44K vs 70K) and a fading Hormuz risk premium have kept the dollar heavy for a second session, letting sterling test the ceiling that capped it twice this week. RSI(14) sits mid-range near 58, leaving room before the range extremes.
Support: 1.3440, 1.3419, 1.3400
Resistance: 1.3475, 1.3484, 1.3506
What it said to watch
H1 close above 1.3475 opens the path toward 1.3506
Loss of the higher-low support near 1.3440 shifts the read back into the mid-range
US NFP (Fri) is the dominant catalyst and could break the 1.3400–1.3475 band either way
13:01 UTC
Range, edging higher into NY · RSI 63 · price 1.34805
Week-long 1.3400–1.3475 range, testing top.
Cable has held the 1.3400–1.3475 band all week and is now pressing the range top through the NY session, with the soft US ADP print (44K vs 70K) keeping the dollar heavy. Price sits above EMA20/EMA50 with RSI(14) around 63, having cycled off the 1.3400 floor twice since the range formed. A sustained hold above 1.3475 opens the path toward the 1.35059 week high.
Support: 1.3475, 1.3437, 1.3400
Resistance: 1.35059
What it said to watch
H1 close above 1.3475 confirms a range break higher toward 1.35059
Failure back below 1.3437 returns price into the range body
US ISM Services (14:00 UTC) and Friday NFP are the dominant USD catalysts for this read
Cable has clawed back from the 1.3400 area low, with the last few NY-session bars pushing the upper edge of the 1.3420–1.3470 band toward 1.3480 as soft US JOLTS kept the dollar heavy. Price holds above EMA20 and EMA50 with RSI(14) around 61, but the week high at 1.34945 and 1.35059 remain untested caps. Structure is a rising consolidation rather than a clean impulse.
Support: 1.34186, 1.3400
Resistance: 1.34945, 1.35059
What it said to watch
H1 close above 1.34945 opens the path toward 1.35059 prior high
Failure to hold 1.34186 swing low reopens the 1.3400 round number
US NFP Friday is the dominant near-term driver for this read
12:01 UTC
Range, drifting higher off base · RSI 59 · price 1.34679
Consolidation between 1.3420 and 1.3470.
Cable reversed from Monday's 1.3506 seven-week high back to 1.3419 as the hawkish BoE vote split gave way to Bailey's dovish pushback, and has since ground back toward the range top on a softer dollar after the JOLTS miss. Price holds above EMA(20) and EMA(50) with RSI(14) cycling in the mid-50s to low-60s on each recovery, but sessions have stayed sub-40 pips and USD-passive. Resistance at 1.3470 has capped the recovery; the 1.3420–1.3470 consolidation band remains intact.
Support: 1.34186, 1.3400
Resistance: 1.34702, 1.35059, 1.3555
What it said to watch
H1 close above 1.3470 opens the path toward 1.3506 then 1.3555
Sustained break of 1.3400 flips the near-term structure to lower lows
US NFP Friday is the dominant catalyst for the USD leg and could break this range either way
11:01 UTC
Recovery, testing range top · RSI 61 · price 1.34679
Consolidation 1.3424-1.3470, pressing barrier.
Cable pulled back from Monday's 1.3506 week high to the 1.3417 swing low mid-week, then ground back up to press the 1.3470 downward-sloping trendline barrier into today's session. Price holds above EMA20 and EMA50 with RSI(14) cycling near 60, but the 1.3470 cap has repeatedly checked upside this week. The whole read is USD-led — a US-jobs trade with ADP/ISM Services today and NFP Friday.
Support: 1.3424, 1.3417, 1.3400
Resistance: 1.3470, 1.3506
What it said to watch
H1 close above 1.3470 opens the path to the 1.3506 week high
Failure to hold 1.3424 range low exposes 1.3400
US ADP/ISM Services today and NFP Friday are the dominant drivers for this pair
Consolidation 1.3425-1.3470 after pullback from week high.
GBPUSD recovered off the 1.3418 pullback low and is grinding back toward the 1.3470 downward-sloping trendline barrier that has capped the week. It's a USD-led tape — soft US JOLTS supported cable earlier while strong ISM Manufacturing kept the 1.3506 week high out of reach. RSI(14) cycling mid-range with price holding above EMA20 into the NY session.
Support: 1.3425, 1.3418, 1.3400
Resistance: 1.3470, 1.3506, 1.3555
What it said to watch
H1 close above 1.3470 trendline opens 1.3506 week high, then the 1.3555 upside zone
Loss of the 1.3425 range floor exposes the 1.3418 pullback low and 1.3400 psych level
US ADP/ISM Services today then Friday NFP are the dominant catalysts for this pair
10:01 UTC
Sideways, mild recovery · RSI 57 · price 1.3459
Range-bound consolidation under 1.3470.
Cable has churned in a tight USD-driven range since the reversal off Monday's 1.3506 week high, with demand stepping in near 1.3419 and supply capping around 1.3470. Price has ground back up toward the range top on softer US data (JOLTS, Factory Orders) pressuring the dollar, and RSI(14) sits mid-band at ~57 with price back above EMA(20)/EMA(50). This remains a consolidation awaiting Friday's NFP.
Support: 1.3419, 1.3400, 1.3385
Resistance: 1.3470, 1.3506
What it said to watch
H1 close above 1.3470 opens the path back toward the 1.3506 week high
Failure to hold 1.3400/1.3385 support negates the range-with-upside read
ADP (12:15 UTC) and ISM Services (14:00 UTC) today could shift the USD leg of this range
Cable has drifted sideways in a 1.3400–1.3475 box since the pullback from Monday's 1.3506 week high, with two sub-40-pip sessions confirming the low-volatility tape — the Pound is trading as a USD mirror ahead of Friday's payrolls. Price sits just above EMA(20)/EMA(50) after buyers defended 1.3419 twice, but the downward-sloping 1.3470 barrier has repeatedly capped rallies. RSI(14) cycling mid-range around 55 reflects the lack of directional momentum.
Support: 1.34186, 1.3400
Resistance: 1.3470, 1.35059
What it said to watch
H1 close above 1.3470 trendline opens the path to 1.3506 week high
Loss of 1.34186 swing low exposes the 1.3400 psych handle
US ADP (12:15 UTC) and ISM Services (14:00 UTC) could break the range read
09:01 UTC
Range, edging to top · RSI 61 · price 1.3469
Recovery within 1.3400-1.3470 range.
Cable has clawed back from Tuesday's dip to 1.3418 and now presses the 1.3470 downward-sloping trendline that has capped the week, trading above EMA20 with RSI(14) recovering toward 60. Price action stays boxed in the 1.3400-1.3470 range flagged all week as the Pound trades as a USD mirror. The move is USD-led, not UK-driven, with the dovish BoE hangover keeping rallies contained.
Support: 1.3445, 1.3418, 1.3400
Resistance: 1.3470, 1.3506, 1.3555
What it said to watch
H1 close above 1.3470 trendline opens 1.3506, then 1.3555 range cap
Loss of 1.3400 psych level flips the range read bearish
US NFP (Fri) is the dominant catalyst and could materially shift this read
08:01 UTC
Range-bound, USD-driven · RSI 58 · price 1.34665
Boxed 1.3400–1.3475, near range top.
Cable has been pinned in a 1.3400–1.3475 band all week, a pure USD proxy with no UK catalysts; the softer dollar into the NY session lifted price back toward the range top. Price sits above EMA(20) with RSI(14) cycling in the mid-50s, and the 1.3470 downward-sloping trendline has capped the last two rallies. Second sub-40-pip session confirms the compression ahead of US data.
Support: 1.34194, 1.3400, 1.3385
Resistance: 1.3470, 1.34945, 1.35059
What it said to watch
H1 close above 1.3470 trendline opens 1.3495 then 1.3506
Failure to hold 1.3419 confirms a lower low toward the 1.3400 base
US ADP (12:15 UTC) and ISM Services (14:00 UTC) could break this range
07:01 UTC
Range, edging toward top · RSI 60 · price 1.34665
1.3419–1.3475 range, higher lows building.
Cable spiked to the 1.3494 week high after the BoE hold then faded, and has since churned inside a 1.3419–1.3475 band as an entirely USD-driven story with the UK calendar bare. Since the range low at 1.3419 a sequence of higher lows has built, and price now sits at range top with RSI near 60 as soft US JOLTS/Factory Orders kept the dollar heavy. The 1.3475 downtrend barrier has capped attempts this week and remains the pivot.
Support: 1.3437, 1.3419, 1.3400
Resistance: 1.3475, 1.3494, 1.3555
What it said to watch
H1 close above 1.3475 opens the path toward 1.3494 then 1.3555
Failure to hold 1.3419 shifts the range floor lower toward 1.3400
US ADP and ISM Services today, plus NFP Friday, are the decisive catalysts for this read
07:01 UTC
Sideways, USD-driven chop · RSI 53 · price 1.34557
Range-bound, recovered off week low.
Cable is churning around 1.3450 in sub-15-pip Asian-session ranges after spiking above 1.3500 post-BoE then fading — moves this week are entirely a USD story with the UK calendar bare. Price recovered off the 1.3419 week low and is grinding higher-lows back toward the downtrend line near 1.3475, which has capped since the 1.3506 top. RSI(14) is neutral near mid-range with no momentum extreme.
Support: 1.3419, 1.3400
Resistance: 1.3475, 1.3506, 1.3555
What it said to watch
H1 close above 1.3475 downtrend line opens 1.3506 then 1.3555
Failure to hold 1.3419 exposes the 1.3400 floor
US ADP / ISM Services today could shift the USD-driven read
Cable has idled inside a 1.3400–1.3475 box all week, with GBP a passenger to a softer Dollar after JOLTS and Factory Orders missed. Price is grinding off the 1.3419 week low on a series of higher lows, sitting just above EMA20 with RSI(14) cycling through the mid-50s. The 1.3475 range top and the week high at 1.3495 have capped every attempt so far.
Support: 1.3442, 1.3419, 1.3400
Resistance: 1.3475, 1.3495
What it said to watch
H1 close above 1.3475 invalidates the range read, opening 1.3495
Failure to hold 1.3419 confirms a lower-low back toward the 1.3400 pivot
US ADP and ISM Services today, then NFP Friday, are the dominant catalysts for this pair
05:01 UTC
Rangebound, no directional momentum · RSI 55 · price 1.34535
Consolidation, mid 1.3400-1.3475 band.
Cable is pinned in a sub-40-pip grind, boxed between the 1.3475 range top and the 1.3400 pivot floor, with GBP a passenger to a soft Dollar this week. Price has carved higher lows off Tuesday's 1.3419 bounce and sits just above EMA(20)/EMA(50), but RSI(14) mid-50s shows no conviction. Fed labour data has driven the two-way tone, and the pair is idling ahead of Friday's US payrolls.
Support: 1.3419, 1.3400
Resistance: 1.3475, 1.3506
What it said to watch
H1 close above 1.3475 range top opens the path to the 1.3506 week high
Failure to hold 1.3419 exposes the 1.3400 pivot floor
US NFP Friday is the dominant catalyst and could break this range
Cable has ground sideways in the 1.3400–1.3475 band since the pullback from Monday's push to 1.3506, with hourly ranges compressing to sub-15-pip bars into the Asia session. Price is holding just above EMA(20)/EMA(50) after demand stepped in twice near 1.3419, the 50% retrace of the week's impulse, while the 1.3470/1.3475 trendline caps the top. GBP is a passenger to the Dollar here, with US NFP Friday the dominant catalyst.
Support: 1.3419, 1.3400
Resistance: 1.3475, 1.3506
What it said to watch
H1 close above 1.3475 opens the path back toward the 1.3506 week high
Failure to hold 1.3419 exposes the 1.3400 pivot and range floor
US NFP Friday is the dominant driver and can break this range either way
Cable spiked above 1.3500 post-BoE early week then faded into a 1.3400-1.3475 range as a downward-revised UK PMI and firm US ISM capped rallies. Since the 1.3419 week low price has ground higher on a series of higher-lows, holding above EMA20 with RSI cycling in the mid-50s. This is a USD story into the data, with the dollar heavy sub-100 DXY after the JOLTS miss.
Support: 1.3419, 1.3400
Resistance: 1.3475, 1.3506
What it said to watch
US ADP (12:15 UTC) and ISM Services (14:00 UTC) could materially shift this read
H1 close above 1.3475 range cap opens the path toward 1.3506
Cable spiked to the 1.3495 week high early Monday then faded to a 1.3417 low as a firm US ISM offset the soft dollar tone. Since then price has carved higher lows back toward the 1.3476 range cap, holding above EMA(20) with RSI(14) mid-range near 56 — a two-way drift with no UK catalyst, driven by the JOLTS/Factory Orders misses softening the dollar. The 1.3400-1.3476 range still frames all this-week price action.
Support: 1.3448, 1.34174, 1.3400
Resistance: 1.3476, 1.34945
What it said to watch
H1 close above 1.3476 range cap opens the path to the 1.34945 week high
Failure to hold 1.3400 pivot confirms a lower-low back toward the week low
US NFP Friday is the dominant catalyst and could materially shift this read
03:01 UTC
Range, no clear direction · RSI 53 · price 1.34459
Rally faded into range, mid-range chop.
Cable spiked to seven-week highs near 1.3506 post-BoE early in the week, then faded on a downward-revised UK PMI and strong US ISM, settling into a 1.3400-1.3475 range. Price has recovered off the 1.3419 area and is grinding back through the middle of the week's rally retracement, RSI cycling mid-range while lower highs off the peak cap the upside. With no UK catalysts, this is a USD story into Friday's NFP.
Support: 1.3419, 1.3400
Resistance: 1.3475, 1.3506
What it said to watch
H1 close above 1.3475 range cap opens the path to the 1.3506 wk high
Close below the 1.3400 pivot confirms a lower low out of the range
US ADP and ISM Services today, then NFP Friday, are the dominant catalysts for this read
GBPUSD has been pinned in a 1.3420-1.3475 band since the pullback from Monday's ~1.3506 spike, with dips holding the EMA20 near 1.3440 as the USD softens post-FOMC. RSI(14) is cycling mid-range around 53 with no clear directional momentum. The range top at 1.3475 has capped upside while the range low near 1.3420 has held twice.
Support: 1.3440, 1.3420, 1.3400
Resistance: 1.3475, 1.3495
What it said to watch
H1 close above 1.3475 range top opens the path toward the 1.3495 week high
Break below the 1.3420 range low exposes the 1.3400 psych level
US NFP Friday is the key catalyst that could break this range
01:01 UTC
Range after faded spike · RSI 51 · price 1.34489
Consolidation between 1.3420 and 1.3475.
GBPUSD rallied off the 1.333 base early in the week to spike 1.3506 before fading — the move stalled and price has since coiled inside 1.3420–1.3475. The last two sessions have chopped either side of EMA(20) with RSI(14) parked near 50, and demand has stepped in twice around the 1.3420 range floor. Two-way price action reflects an empty UK calendar leaving the tape a USD/data story.
Support: 1.3420, 1.34186, 1.3400
Resistance: 1.3475, 1.34959, 1.3506
What it said to watch
H1 close above 1.3475 range cap opens 1.3506/1.3520
Failure to hold 1.3420 exposes the 1.3400 pivot
US ADP/ISM Services today and NFP Friday are the dominant drivers
01:01 UTC
Consolidation after pullback from weekly high · RSI 53 · price 1.34496
Range-bound between 1.3420 and 1.3475.
Cable spiked to a 1.3506 weekly high mid-week on the hawkish-tilted BoE hold, then faded as Bailey's pushback and a firmer USD (ISM Manufacturing beat) reasserted; price has since coiled around 1.3450. It now sits mid-range between 1.3420 support and the 1.3475 range cap that has capped rallies. Higher lows have formed off the 1.3419 base while RSI cycles neutral near 53.
Support: 1.3420, 1.3400
Resistance: 1.3475, 1.3506
What it said to watch
US NFP Friday is the dominant driver into the next sessions and could break this range
H1 close above 1.3475 range cap reopens the path to the 1.3506 weekly high
Failure to hold 1.3420 support exposes the 1.3400 pivot
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Range after impulse up · RSI 55 · price 1.34507
Consolidation under weekly high.
Sterling's dominant move was Monday's impulse from 1.3333 to the 1.3506 spike high, which faded and has since been capped by the 1.3475 range cap on repeated attempts. Price is holding the ~1.3420 range floor near the 50% retrace of that impulse, coiling around EMA20 with RSI(14) neutral in the mid-50s. The 1.3400–1.3475 band remains intact into the US data window.
Support: 1.3420, 1.3438, 1.3400
Resistance: 1.3475, 1.3506
What it said to watch
Hourly close above 1.3475 range cap reopens 1.3506 spike high
Loss of 1.3420 range floor exposes the 1.3400 wk pivot
US ADP/ISM Services today and NFP Friday are the dominant drivers for this range