Double bottom at 1.3190, rising lows pressing flat 1.3225 range top.
Monday's double bottom at the 1.3190 day low held after the yield-driven dollar push in NY. A rebound stalled at the 1.3229 NY high, and price has since compressed into a 1.3215–1.3225 band, with rising lows pressing the 1.3225 range top in thin post-rollover trade. The 1.3239 London high caps the session above.
Support: 1.32149, 1.32042, 1.3190
Resistance: 1.32253, 1.32286, 1.32388
What it said to watch
M15 close above the 1.3225 range top opens the 1.3229 NY high and 1.3239 London high
Break of the rising lows and the 1.3215 gap low exposes the 1.3204 NY pm low
Loss of 1.3190 day low voids the double bottom read
BoE Mann at 08:40 UTC Tue could break the compression; US 10y yields remain the main USD driver
Monday held inside the opening range. Twin lows at 1.3190, one in Asia and one at the NY open, held, while the London high at 1.3239 capped the upside below the 1.3244 day high, with a dollar bid on US 10y yields keeping the pair pinned near 1.3220. Early Asia is drifting quietly between the 1.3215 rollover gap low and the 1.3225 session high, and the rising lows off 1.3190 remain intact.
Support: 1.32149, 1.32042, 1.3190
Resistance: 1.32253, 1.32388, 1.32437
What it said to watch
M15 close below the 1.3215 gap low breaks the rising lows and exposes the 1.3204 swing low
Close above the 1.3225 session high opens a retest of the 1.3239 london high; above the 1.3244 day high breaks the range
Loss of the 1.3190 twin lows confirms a range break lower
BoE Mann speaks at 08:40 UTC and US 10y yield moves could materially shift this read
Double bottom at 1.3190, higher lows, late-session compression.
A dollar bid on record-high US yields pushed GBP/USD to 1.3190 in Asia. NY retested it at 1.3190 and held, leaving a double bottom. The rebound held the 61.8% fib near the 1.3204 higher low, and price is now compressed between the 1.3216 late low and 1.3225 range top on a rising trendline, with ATR shrunk to about 4 pips.
Support: 1.3216, 1.3204, 1.3190
Resistance: 1.3225, 1.3229, 1.3239
What it said to watch
M15 close below the 1.3216 late low breaks the rising trendline
Loss of the 1.3204 higher low exposes the 1.3190 double bottom
Close above the 1.3229 ny high opens the 1.3239 london high
BoE Mann (Tue 08:40 UTC) and US yield moves at London open could break the Asian compression
23:01 UTC
Recovering off double bottom, now flat · RSI 53 · price 1.32215
Higher lows off 1.3190 day low, tight range 1.3215–1.3225 in early Asia.
London faded the post-UK PMI rally from the 1.3239 London high, and NY sold back to the 1.3190 day low on the USD/France bid, matching the Asian low for a double bottom. Higher lows at 1.3204 and the 1.3215 gap low have lifted price to the 61.8% London-NY fib near 1.3220. Early Asia is compressing beneath the 1.3225 session high on a sub-4-pip ATR.
Support: 1.32149, 1.32045, 1.3190
Resistance: 1.32253, 1.32286, 1.32388
What it said to watch
M15 close above the 1.3229 ny high opens the 1.3239 london high
Break of the 1.3215 gap low and rising lows line returns focus to the 1.3204 higher low
Loss of 1.3190 day low invalidates the double bottom
BoE Mann Tue 08:40 UTC is the GBP event risk for London
22:46 UTC
Sideways, lower highs since London · RSI 54 · price 1.3222
Double bottom at 1.3190, compressing 1.3204–1.3225 on rising lows.
France-driven USD demand pushed GBP/USD to a 1.3190 double btm, tested in Asia and again in NY, before an ISM-hour rebound held the 61.8% fib near the 1.3204 range low. Price is now coiling below the 1.3225 range top on rising lows into the Asia session, with the 1.3239 london high still capping.
Support: 1.3204, 1.3190
Resistance: 1.3225, 1.3239
What it said to watch
Close above the 1.3239 london high completes the double btm
Loss of the 1.3204 range low and the rising lows line exposes the 1.3190 double btm and digest level 1.3180
No scheduled data in the next 8h. BoE Mann Tue 08:40 UTC is the next GBP catalyst.
Double bottom at 1.3190 day low; grinding higher toward the 1.3229 NY high inside a 1.3190–1.3239 range.
France-driven USD demand twice pushed GBP/USD to the 1.3190 day low, in Asia and again in early NY, but neither push broke it. The double bottom fed a late-NY grind back above the 61.8% retrace near 1.3220. Thin early-Asia trade has filled the rollover gap toward 1.3215 and is pressing the 1.3229 NY high, with ATR down near 4 pips.
Support: 1.3215, 1.3204, 1.3190
Resistance: 1.3229, 1.3239
What it said to watch
M15 close above the 1.3229 NY high opens a retest of the 1.3239 London high
Slip back through the 1.3215 rollover gap and the 1.3204 NY swing low returns price to the range middle
Break of the 1.3190 day low voids the double bottom and exposes 1.3180
BoE Mann speech Tue 08:40 UTC could materially shift this read
22:16 UTC
Range-bound, lower highs off London peak · RSI 61 · price 1.32236
1.3190–1.3239 range; double bottom at the day low, rising lows in early Asia.
GBP/USD is holding a 1.3190–1.3239 range after a double bottom at the 1.3190 day low, set in Asia and again in NY as the France-driven USD bid pressed cable. Highs have stepped lower, from the 1.3239 london high to the 1.3229 ny high. Early Asia has grinded along rising lows from the 1.3204 ny swing low and the 1.3215 gap low, back above the 61.8% retrace at 1.3220, and is now pressing the 1.3225 session high.
Support: 1.3215, 1.3204, 1.3190
Resistance: 1.3225, 1.3229, 1.3239
What it said to watch
M15 close above the 1.3229 ny high breaks the lower-high sequence and puts the 1.3239 london high in play
Loss of the rising lows and the 1.3215 gap low reopens the 1.3204 ny swing low
Failure at the 1.3190 day low voids the double bottom
BoE Mann Tue 08:40 UTC and Fed Williams/Bowman later Tue could materially shift this read
Double bottom at 1.3190, higher lows into NY close, capped below 1.3229.
Cable printed a double bottom at 1.3190, with the Asia low and NY low on the France-driven dollar bid, then rebuilt through the NY afternoon. Higher lows at 1.3204 carried price back toward the 1.3229 NY high in thin post-NY trade, above the 61.8% retrace of the London high to NY low drop and still inside the 1.3190–1.3239 day range.
Support: 1.3204, 1.3190
Resistance: 1.32286, 1.32388
What it said to watch
M15 close above the 1.3229 NY high opens the 1.3239 London high, the double-bottom neckline
Loss of the 1.3204 higher low breaks the NY recovery trendline and puts the 1.3190 double bottom back in play
BoE Mann Tue 08:40 UTC in the London session could materially shift this read
21:46 UTC
Sideways, mild recovery off day low · RSI 54 · price 1.3218
Double bottom near 1.3190; higher lows since NY afternoon, capped below 1.3229.
French bond stress and the USD bid knocked cable to the 1.3190 day low twice, once in the Asia session and again into the NY open. Both dips were absorbed, forming a double bottom. The NY rebound stalled at the 1.3229 ny high, and the afternoon pullback held the fib 61.8 near 1.3205. Price is now drifting at 1.3218 on thin post-rollover liquidity after a small gap, below the late high at 1.3225.
Support: 1.3205, 1.3190
Resistance: 1.3225, 1.3229, 1.3239
What it said to watch
Close above the 1.3225 late high and the 1.3229 ny high opens a retest of the 1.3239 london high
Loss of the 1.3205 fib 61.8 puts the 1.3190 day low back in play; a break there exposes the 1.3180 four-week low
BoE Mann Tue 08:40 UTC is the hawkish-tone test and could materially shift this read
French OAT headlines or DXY extending past 102.53 could override the double bottom
USD demand on French bond stress drove two tests of 1.3190, once in Asia and again at the NY open, forming a double low under the 1.3239 London high. NY-afternoon higher lows at 1.3204 held near the 61.8% fib of the 1.3190–1.3229 NY-high leg, and price is now flat around 1.3218 after the rollover low at 1.3215, with the late high at 1.3225 capping.
Support: 1.32149, 1.32042, 1.31902
Resistance: 1.32246, 1.32286, 1.32388
What it said to watch
M15 close above the 1.3229 ny high opens the 1.3239 london high
Loss of the 1.3204 higher low and 61.8% fib re-exposes the 1.3190 double low, with digest support at 1.3180 below
Holding above the 1.3215 rollover low keeps the Asia-session drift inside the 1.3204–1.3225 band
BoE Mann Tue 08:40 UTC, then Fed Williams/Bowman, could shift this read
1.3190–1.3239 day range; double low at 1.3190, higher low 1.3204, capped under 1.3224.
Asia and NY lows both held 1.3190 for a double low after the 1.3239 london high faded on the France-driven dollar bid. Post-ISM recovery stalled at the 61.8% of the london high–ny low fib, with the late ny cap at 1.3224 and ny high 1.3229 above. Price is now in thin post-rollover trade, flat on EMA20/50 with RSI(14) near 53.
Support: 1.3204, 1.3190
Resistance: 1.3224, 1.3229, 1.3239
What it said to watch
M15 close above 1.3229 ny high opens the 1.3239 london high
Failure to hold the 1.3204 higher low exposes the 1.3190 double low
Break of the 1.3190 double low invalidates the double bottom read
BoE Mann Tue 08:40 UTC could materially shift this read during London
Fed's Williams 13:05 and Bowman 14:45 UTC Tue are NY-session risk for USD
21:01 UTC
Recovering from the day low, momentum flattening late NY · RSI 59 · price 1.32225
Twin 1.3190 lows held, higher-low chain into a tight late-NY range.
The 1.3190 day low was printed twice, first in the Asia selloff and again in the first hour of NY as French bond stress lifted the USD. Both tests held, and price has since built a higher-low chain back to the 61.8% retrace of the London-NY drop. Late NY is compressing at 1.3218–1.3225, just under the 1.3229 NY high, with the London high at 1.3239 above.
Support: 1.3218, 1.3204, 1.3190
Resistance: 1.3229, 1.3239
What it said to watch
M15 close above the 1.3229 NY high opens a retest of the 1.3239 London high
Loss of the 1.3218 higher low and the higher-low line puts the 1.3204 NY lows back in play
A break below the 1.3190 day low voids the double bottom read
BoE Mann speaks Tue 08:40 UTC; a hawkish surprise could shift the London-session read
The Asia selloff found a floor at 1.3190, and the NY session retested it at 1.31902 and held, leaving a double low. The rebound stalled at the 1.3229 NY high and the 1.3239 London high stayed intact as the French-stress USD bid capped GBP. Price is now drifting in thin post-NY trade on a series of higher lows above the 1.3204 swing low, pressing back toward the NY high.
Support: 1.32045, 1.3190
Resistance: 1.32286, 1.32388, 1.32499
What it said to watch
M15 close above the 1.3229 NY high opens the 1.3239 London high and the 1.3250 Sunday high
Failure to hold the 1.3204 swing low breaks the NY higher-lows sequence and refocuses the 1.3190 double low
Break of the 1.3190 double low turns the day's base into a lower-low
BoE Mann speech Tue 08:40 UTC could materially shift this read
20:32 UTC
Range-bound, rising lows into late NY · RSI 56 · price 1.32207
Double low at 1.3190, rising lows capped below 1.3229 ny high.
France-driven USD demand twice pushed cable to a double low at 1.3190, in Asia and early NY, and that low held both times. The NY rebound to the 1.3229 ny high pulled back to its 61.8% retrace at the 1.3204 higher low. Price has since ground up on rising lows and sits just under the ny high in late NY, with RSI(14) near 56 and ATR around 6 pips.
Support: 1.3204, 1.3190
Resistance: 1.3229, 1.3239
What it said to watch
M15 close above the 1.3229 ny high exposes the 1.3239 london high, the neckline of the double low
Break of the rising lows line and the 1.3204 higher low (ny rebound fib 61.8%) returns focus to the 1.3190 double low
DXY pressing beyond its ~102.53 annual high on French bond stress could reassert pressure on the 1.3190 double low
BoE Mann speech Tue 08:40 UTC could materially shift this read
Higher lows off 1.3190 double bottom, capped below London high.
Monday held inside the Asian range: the 1.3190 day low was defended twice (Asia, then NY's 13:45 UTC flush as French bond stress lifted USD), and NY has printed higher lows at the 1.3204 NY swing low. Late NY is grinding into the 61.8% fib of the 1.3239–1.3190 drop near 1.3220, with the late NY high at 1.3225 capping and ATR compressing to ~5–6 pips after NY close.
Support: 1.3204, 1.3190
Resistance: 1.3225, 1.3239, 1.3250
What it said to watch
M15 close above the 1.3225 late NY high exposes the 1.3239 London high, the double bottom neckline
Clean break of 1.3239 targets the 1.3250 Asian high and the 1.3265 band
Loss of the rising trendline and 1.3204 NY swing low puts the 1.3190 day low back in play
BoE Mann Tue 08:40 UTC is the next GBP catalyst; a hawkish tilt could shift this read
Fresh French fiscal headlines driving USD remain the main downside risk
20:01 UTC
Recovering within a range, higher lows since NY low · RSI 59 · price 1.32238
1.3190–1.3239 day range; double low at base, higher-low chain late NY.
Dollar demand from the French fiscal stress pushed GBPUSD to 1.3190 in the Asia session, and NY retested it at 1.31902 to form a double low. Since the 16:00 UTC NY pivot near 1.3204, late NY has printed higher lows, with price back above the 61.8% fib of the London-NY drop and pressing the 1.3229 NY high.
Support: 1.3210, 1.3204, 1.3190
Resistance: 1.32286, 1.32388
What it said to watch
M15 close above the 1.3229 NY high exposes the 1.3239 London high and range top
Break of the higher-low trendline and 1.3210 returns price to the 1.3204 NY pivot
Failure at the 1.3190 double low confirms a range break lower
BoE Mann speech Tue 08:40 UTC is the hawkish-tone test for GBP during London
1.3190–1.3239 day range, rising lows since 16:00 UTC.
GBPUSD has held a 1.3190–1.3239 range all Monday. The 1.3190 double low was defended in Asia and again into NY open, when French bond stress lifted the dollar. Late NY is grinding up on rising lows off the 1.3204 pm low, still capped below the 1.3229 ny high, with price sitting on a flat EMA20/50.
Support: 1.3204, 1.3190
Resistance: 1.3229, 1.3239
What it said to watch
M15 close above the 1.3229 ny high exposes the 1.3239 london high
Break of the rising lows and the 1.3204 pm low returns focus to the 1.3190 double low; below that sits the 1.3180 four-week low
French bond headlines in thin Asia hours and BoE Mann Tue 08:40 UTC could materially shift this read
19:32 UTC
Intraday downtrend paused, compressing late NY · RSI 56 · price 1.32187
Higher lows off 1.3190 double bottom, capped below 1.3229 NY high.
Dollar demand on French fiscal stress took cable to 1.3190 in Asia, and the post-London slide retested that level at the NY open, leaving a dbl bottom. The ISM print sparked a bounce to the 1.3229 ny high. Since then, late-NY price has compressed above a rising trendline and the 1.3204 ny low, sitting near the 61.8% fib of the London high–NY low drop, with EMA20/50 flat underneath.
Support: 1.3204, 1.3190
Resistance: 1.3229, 1.3239, 1.3250
What it said to watch
M15 close above the 1.3229 ny high opens the 1.3239 london high, then the 1.3250 asian high
Break of the rising trendline and 1.3204 ny low exposes the 1.3190 dbl bottom
Loss of the 1.3190 dbl bottom puts the 1.3180 4-week low in play
BoE Mann speech Tue 08:40 UTC is the next GBP-specific catalyst
19:16 UTC
Range, recovering off day low · RSI 54 · price 1.32197
Double low at 1.3190, higher lows into late NY.
France-driven USD demand sank GBPUSD to the 1.3190 day low in Asia. London's 1.3239 london high faded after the UK PMI beat, and NY retested 1.3190 and held. Late NY is printing higher lows at 1.3205 (pm lows) and 1.3210 (higher low), with the late ny cap at 1.3220 sitting on the 61.8% fib of the London-NY drop.
Support: 1.3210, 1.32045, 1.3190
Resistance: 1.3220, 1.32286, 1.32388
What it said to watch
M15 close above the 1.3220 late ny cap / 61.8% fib opens the 1.3229 ny high, then the 1.3239 london high
Loss of the rising-lows trendline and the 1.3210 higher low exposes the 1.3204 pm lows
Break of the 1.3190 day low voids the double bottom and brings the 1.3180 area into play
Thin Asia session liquidity; BoE Mann Tue 08:40 UTC is the next GBP-specific catalyst
19:01 UTC
Range-bound, lower highs since London · RSI 50 · price 1.32174
Lower highs from 1.3239 over a 1.3190 double bottom; late-NY compression 1.3204–1.3220.
Asia sold off to 1.3190 on the France-driven USD bid. London's rally stalled at the 1.3239 london high, and NY retested 1.3190, which held to form a double bottom. Since then price has compressed after London close between the 1.3204 swing low (61.8% of the NY bounce) and the 1.3220 minor high, just under the lower-highs trendline, with RSI(14) flat at 50.
Support: 1.3204, 1.3190
Resistance: 1.3220, 1.3229, 1.3239
What it said to watch
M15 close above the 1.3220 minor high and the lower-highs trendline exposes the 1.3229 ny high, then the 1.3239 london high
Loss of the 1.3204 swing low (61.8% fib of the NY bounce) puts the 1.3190 double btm back in play
Break of the 1.3190 double btm opens the 1.3180 four-week low cited in the digest
BoE Mann speech Tue 08:40 UTC is the next GBP catalyst ahead of the London session
18:47 UTC
Intraday range, sideways after two-way NY swing · RSI 47 · price 1.32164
Lower highs near 1.3220 against higher lows at 1.3204; compression late in the NY session.
France-driven USD demand dragged cable to the 1.3190 day low in Asia, and a second NY test held there. The bounce stalled at the 1.3229 NY high, below the 1.3239 London high, despite the UK PMI beats. Since then, lower highs near 1.3220 have pressed against holds at the 61.8% fib of 1.3204, with price flat on the EMAs, RSI(14) neutral at 47 and ATR near 7 pips.
Support: 1.3204, 1.3190
Resistance: 1.3220, 1.3229, 1.3239
What it said to watch
M15 close above the 1.3220 lower highs trendline reopens the 1.3229 NY high and 1.3239 London high
Failure to hold the 61.8% fib at 1.3204 exposes the twice-tested 1.3190 day low
Thin Asia session liquidity may keep the 1.3204-1.3220 squeeze intact until London
BoE Mann speech Tue 08:40 UTC could materially shift this read
Lower highs vs higher lows above a 1.3190 double bottom, inside the Asian range.
Late NY session. GBPUSD is coiling between lower highs near 1.3220 and higher lows off the 1.3204 61.8% fib, after a double bottom at 1.3190 (Asia low and NY-open low) set the day's floor. USD demand on French bond stress kept the day capped below the 1.3239 London high, and the 1.3229 NY high also held. RSI(14) is neutral near 47 and ATR(14) is about 7.5 pips.
Support: 1.32098, 1.32047, 1.31902
Resistance: 1.32199, 1.32286, 1.32388
What it said to watch
M15 close above the 1.3220 lower highs breaks the compression and exposes the 1.3229 NY high, then the 1.3239 London high
Loss of the 1.3210 swing low and the 1.3204 61.8% fib reopens the 1.3190 double btm
A break of the 1.3190 double bottom confirms a lower low toward the 1.3180 area flagged in the digest
BoE Mann (Tue 08:40 UTC) and Fed's Williams/Bowman on Tue could materially shift this read
Lower highs from 1.3229 NY high into a 1.3204–1.3220 consolidation.
Late in the NY session, after London close, GBP/USD is compressing between the 1.3204 swing low and 1.3220 lower highs. Earlier, NY retested the 1.3190 Asian low as the USD pushed to a fresh annual high, then rebounded to the 1.3229 NY high. Supply has capped each bounce since, and the 1.3204 swing lows sit on the 61.8% of that NY rally fib; RSI(14) is neutral near 45.
Support: 1.32045, 1.3190
Resistance: 1.3220, 1.32286, 1.32388
What it said to watch
M15 close above 1.3220 lower highs breaks the descending trendline from the 1.3229 NY high
Close above the 1.3229 NY high puts the 1.3239 London high back in play
Failure to hold the 1.3204 swing low / 61.8% of the NY rally exposes the 1.3190 Asian low
Break of the 1.3190 Asian low opens the 1.3180 four-week low
BoE Mann Tue 08:40 UTC is the next GBP-specific catalyst; Asia session liquidity is thin until then
Double bottom at 1.3190 day low; lower highs vs higher lows since NY rebound.
The Asia sell-off to the 1.3190 day low, as French bond stress lifted the dollar, was retested in the first hour of NY and held, leaving a double bottom. Since the NY rebound to the 1.3229 NY high, price has compressed between lower highs and a higher low near 1.3204 (61.8% of the NY rebound). Late in the NY session it sits just under the EMA50 near 1.3220, with RSI(14) neutral at 53 and ATR around 8 pips.
Support: 1.3204, 1.3190
Resistance: 1.3220, 1.3229, 1.3239
What it said to watch
M15 close above the 1.3229 NY high breaks the lower-highs line and exposes the 1.3239 London high
Loss of the 1.3204 higher low reopens the 1.3190 day low; a break there voids the double bottom
BoE Mann (Tue 08:40 UTC) and Fed's Williams/Bowman (Tue) could materially shift this read
Late-NY compression 1.3204–1.3220 inside a 1.3190–1.3239 day range.
Asia sold off to the 1.3190 day low before London lifted price to the 1.3239 london high. NY hours retested 1.3190 on the France-driven USD bid and bounced to the 1.3229 ism high after the soft ISM print. Price is now coiling after London close between the 1.3204 ny low, which sits at the 61.8% of the ny bounce fib, and a 1.3220 lower high, with RSI(14) neutral near 53.
Support: 1.3204, 1.3190
Resistance: 1.3220, 1.3229, 1.3239
What it said to watch
M15 close above the lower-high line and 1.3229 ism high reopens the 1.3239 london high
Failure to hold the 1.3204 ny low exposes the 1.3190 day low, tested in both Asia and NY
BoE Mann speech Tue 08:40 UTC is the next GBP-specific catalyst for this range
17:31 UTC
Sideways after Asia selloff, lower highs since London · RSI 51 · price 1.32107
Double low at 1.3190 held in NY; lower high at 1.3229, late-NY coil above 1.3204.
The Asia-session low at 1.3190 was retested in NY and held, forming a double low, but the bounce stalled at 1.3229, a lower high beneath the 1.3239 London high, as French bond stress kept the USD bid. Late NY is coiling just above the 1.3204 swing low, which sits on the 61.8% retrace of the NY bounce and has held twice. RSI(14) is neutral near 51, and price is pinned around EMA20.
Support: 1.3204, 1.3190
Resistance: 1.3229, 1.3239, 1.3250
What it said to watch
M15 close below the 1.3204 swing low re-exposes the 1.3190 double low, then the 1.3180 four-week low cited in the digest
Close above the 1.3229 lower high breaks the lower-highs line and brings the 1.3239 London high and 1.3250 Asian high back into view
BoE Mann speech Tue 08:40 UTC is the next GBP-specific risk to this range read
17:16 UTC
Two-way range, intraday lower highs since NY high · RSI 52 · price 1.32076
1.3190–1.3239 session range; double bottom at Asian low, NY bounce fading.
The Asian low at 1.3190 held twice, in Asia and again after the NY open, which frames a 1.3190–1.3239 range capped by the London high, with USD strength on French bond stress keeping rallies short. The NY bounce stalled at the 1.3229 NY high, and after London close price has slipped back to the 50% fib of that move. The 1.3204 swing low is holding for now.
Support: 1.3204, 1.3190, 1.3180
Resistance: 1.3229, 1.3239
What it said to watch
M15 close below the 1.3204 swing low extends the NY lower-highs sequence back toward the 1.3190 Asian low
A break of the 1.3190 double bottom exposes the 1.3180 4-week low flagged in the macro digest
Close above the 1.3229 NY high breaks the lower-highs trendline; the 1.3239 London high is the double bottom neckline
BoE Mann speech Tue 08:40 UTC is the next GBP-specific catalyst; no scheduled data in the next 8h
17:01 UTC
Two-way, bounce stalling · RSI 56 · price 1.32137
Double bottom at 1.3190, lower highs from London.
The first hour of NY retested the Asia low and set a double bottom at 1.3190. The bounce after the ISM Services miss (54.9 vs 55) met rejection at the 1.3229 NY high, below the 1.3239 London high, extending the lower highs. Late NY, price is holding the 1.3204 swing low near the 61.8% fib of that bounce and chopping around EMA20 near 1.3213.
Support: 1.3204, 1.3190
Resistance: 1.3229, 1.3239
What it said to watch
Close above the 1.3229 NY high breaks the lower highs line and puts the 1.3239 London high in play
Failure at the 1.3204 swing low (61.8% fib) reopens the 1.3190 double bottom
A break of the 1.3190 double btm marks a lower-low through both the Asia and NY session lows
Fed's Williams and Bowman on Tue are the next scheduled USD risk; no events in the next 8h
1.3190–1.3239 day range; NY high capped below London high.
GBPUSD set a double low at 1.3190, first in Asia and again before the ISM release. The soft ISM Services print (54.9 vs 55) lifted price to a NY high at 1.3229, under the 1.3239 London high, so highs are stepping lower. After London close, the pullback low at 1.3204 held near the 61.8% retracement, and price is sitting on EMA20 below EMA50.
Support: 1.32042, 1.3190
Resistance: 1.32286, 1.32388
What it said to watch
A break of the 1.3204 pullback low exposes the 1.3190 double low again
An M15 close below 1.3190 breaks the double low and the range floor
A close above the 1.3229 NY high and the lower-highs line puts the 1.3239 London high (double-bottom neckline) in play
Fed's Williams and Bowman on Tue, with FOMC Minutes Wed, are the next USD catalysts
16:31 UTC
Two-way range, lower highs since London morning · RSI 51 · price 1.32118
1.3190–1.3239 range, double low at base, lower highs capping.
The Asia drop to 1.3190 was retested and held in the NY session, forming a double low. The bounce after the soft ISM Services miss stalled at the 1.3229 ISM high, extending the lower-highs sequence from the 1.3239 London high. Price has slipped back to the 1.3204 pullback low near the 61.8% retrace after London close, with RSI(14) neutral around 51.
Support: 1.32042, 1.3190
Resistance: 1.32286, 1.32388, 1.32499
What it said to watch
M15 close below the 1.3190 double low breaks the range and confirms a lower-low
Failure to hold the 1.3204 pullback low (61.8% retrace) exposes the 1.3190 double low
Close above the 1.3229 ISM high breaks the lower highs; the 1.3239 London high is then the range top, with the 1.3250 Asian high above
Fed's Williams/Bowman (Tue 13:05/14:45 UTC) and BoE's Mann (Tue 08:40 UTC) could shift this read
1.3190–1.3239 day range; post-ISM bounce capped below London high.
The NY session flushed into ISM and printed a double low at 1.3190, matching the Asian-session low. Price then bounced to the 1.3229 ISM high on the soft 54.9 headline, but Prices Paid at 74 limited the move and it stalled below the 1.3239 London high. After London close, price has retraced to the 61.8% fib near 1.3205 and sits below EMA20/50 with RSI(14) at 45; the 1.3250 Asian high is the top of today's range.
Support: 1.32045, 1.3190
Resistance: 1.32286, 1.32388, 1.32499
What it said to watch
M15 close below the 1.3190 double low breaks the day range and voids the double bottom read
Hold of the 61.8% fib at 1.3205 keeps the ISM bounce structure intact
A close above the 1.3239 London high clears the lower-highs line and confirms the double bottom; the 1.3250 Asian high sits just above
A failure under the 1.3229 ISM high extends the lower-highs sequence
Fed's Williams/Bowman speak Tue NY session; the USD leg remains the main driver
16:02 UTC
Range, rebound from day low stalling · RSI 46 · price 1.32148
Double bottom at 1.3190 inside 1.3190–1.3239 day range; lower highs from London high.
The NY-open sell-off retested the Asia day low at 1.3190 for a double bottom. The bounce after the in-line US ISM Services print was rejected at the 1.3229 ism high. Price is now drifting near the 1.3214 higher low, at the 38.2% retrace of the ISM bounce, still under the lower highs line from the 1.3239 london high, with RSI(14) neutral at 46.
Support: 1.32135, 1.3190
Resistance: 1.32286, 1.32388, 1.32499
What it said to watch
M15 close below the 1.3214 higher low exposes the 1.3190 day low; a break there voids the double bottom and brings 1.3180 into view
Close above the 1.3229 ism high and the lower highs line puts the 1.3239 london high and 1.3250 asia high back in play
No further US data today; Fed's Williams and Bowman on Tue could shift the read
15:47 UTC
Intraday range, lower highs since London · RSI 46 · price 1.3216
1.3190–1.3239 session range; double bottom at 1.3190, lower highs off London high.
London was rejected at the 1.3239 London high and slid back to the 1.3190 Asian low into the NY open on a firm dollar. That low held again for a double bottom, and the in-line ISM Services print (54.9) fuelled a bounce. The bounce stalled at the 1.3229 ISM high, leaving price mid-range at the fib 50% (1.3214), flat on EMA20.
Support: 1.3214, 1.3190
Resistance: 1.3229, 1.3239, 1.3250
What it said to watch
M15 close above the 1.3239 London high completes the double bottom and puts the 1.3250 Asian high in play
A close back above 1.3229 ISM high breaks the lower-highs line
Loss of the fib 50% at 1.3214 shifts focus back to the 1.3190 double bottom
A break of the 1.3190 double btm reopens the 1.3180 area cited in the digest
Fed's Williams/Bowman and BoE's Mann on Tuesday could reset the USD leg after today's quiet ISM
1.3190–1.3239 day range, double low at base, lower highs from London high.
GBP/USD printed a second low at 1.3190 into NY, matching the Asian-session double low, then bounced about 38 pips after the in-line ISM Services print as the dollar eased off its annual high. The rebound was rejected at the 1.3229 ny high, below the 1.3239 london high, so lower highs persist with price mid-range near 1.3217.
Support: 1.3200, 1.3190
Resistance: 1.32286, 1.32388, 1.32499
What it said to watch
M15 close above the 1.3229 ny high and the lower highs line opens a retest of the 1.3239 london high, then the 1.3250 prior high
Loss of the 1.3200 round number and the 50–61.8% zone of the NY rebound fib (1.3209–1.3205) puts the 1.3190 double low back in play
A break below the 1.3190 double low voids the double bottom read
Fed's Williams and Bowman speak Tuesday, ahead of Wednesday's FOMC Minutes; USD tone can shift this read
Double bottom at 1.3190; lower high at 1.3229 under London high.
The pre-ISM dip retested the Asia low at 1.3190, forming a double bottom. Price rebounded once ISM Services printed in line at 54.9, reclaiming the 1.3200 psych level and the ema20 near 1.3215, but the bounce was rejected at the 1.3229 NY high, a lower high under the 1.3239 London high. Price sits between the 50% and 61.8% retrace of the London-high-to-NY-low drop, inside the 1.3190–1.3250 Asian range, with RSI(14) neutral near 49.
Support: 1.3215, 1.3200, 1.3190
Resistance: 1.3229, 1.3239, 1.3250
What it said to watch
M15 close above the 1.3239 london high breaks the lower-high sequence and puts the 1.3250 asian high in play
Failure to hold the 1.3190 double btm confirms a lower low toward the 1.3180 area
Slip back below the ema20 and 1.3200 psych would put the ISM rebound at risk
London close approaching; Fed's Williams and Bowman on Tue could shift the USD leg
15:02 UTC
Choppy range, rebounding off the day low · RSI 55 · price 1.32226
Double bottom at 1.3190, price back inside the London range.
Early NY broke below the 1.3216 London range low and ran to 1.3190, matching the Asian-session day low. Around the ISM Services release (54.9, prices paid 74) the dollar eased and price recovered about 32 pips, back inside the range and above the 61.8% fib of the 1.3239–1.3190 leg, with the 1.3231 range top next overhead.
Support: 1.3216, 1.3190
Resistance: 1.3231, 1.3239
What it said to watch
M15 close above the 1.3231 range top exposes the 1.3239 London high
Loss of the 1.3216 range low reopens the 1.3190 day low; a break there invalidates the double bottom
Renewed DXY push toward its 102.53 high could stall the rebound below the range top
Lower highs from London peak, double bottom at 1.3190.
Asia sold off to 1.3190 as DXY printed its annual high. London stalled at the 1.3239 london high, and NY slid back to retest 1.3190 before the in-line ISM (54.9, prices paid 74) sparked a rejection of the lows, forming a double btm. Price sits at 1.3208, below EMA20/EMA50 and capped just under the 50% retrace at 1.3215.
Support: 1.3200, 1.3190
Resistance: 1.32145, 1.32388, 1.32499
What it said to watch
M15 close above the 1.3215 50% retrace exposes the 1.3239 london high, with the 1.3250 asia high beyond
Failure at the 1.3200 round number and a break of the 1.3190 double btm sets a new session low
Descending trendline from the london high caps rallies while price stays below it
Williams/Bowman (Tue) and FOMC Minutes (Wed) could materially shift USD and this read
14:32 UTC
Downtrend from London high, bouncing off session low · RSI 40 · price 1.32051
Lower-high chain since 09:00 UTC; Asian low retested and held.
After the Asia drop to 1.3190 as DXY printed a fresh annual high, London stalled at the 1.3239 session high. Lower highs through NY hours then took price back to that Asian low, and the double low at 1.3190 held at 1.31902. The bounce is stalling near the 38.2% fib at 1.3209 with the round number at 1.3200 underneath, and RSI(14) is near 40.
Support: 1.3200, 1.3190
Resistance: 1.3209, 1.3216, 1.3239
What it said to watch
The ISM Services print (14:00 UTC) is not in the feed yet; its Prices Paid and Employment components could materially shift this read
An M15 close below the 1.3190 double low confirms a lower-low and breaks the retest
A reclaim of the 1.3216 london low (near the 61.8% fib) undoes the lower-high chain, with the 1.3239 session high as the range top
Failure to hold the 1.3200 round number leaves the 38.2% fib bounce looking corrective
14:17 UTC
Intraday downtrend, bouncing off day low · RSI 40 · price 1.32048
Lower highs from 1.3239 London high; double test of 1.3190 Asian/NY low.
GBP/USD faded from the 1.3239 London high and broke the 1.3213-1.3216 shelf into the NY open, retesting the 1.3190 Asian day low as DXY held near its annual high. The 14:00 UTC ISM bar showed rejection at 1.3190 and bounced about 18 pips. Price is at 1.3205, just above the 1.3200 round number, below both EMAs and under the 38.2% fib at 1.3209.
Support: 1.3200, 1.3190
Resistance: 1.3209, 1.3216, 1.3239
What it said to watch
M15 close above the 1.3216 broken shelf (50% fib) breaks the lower-high sequence off the 1.3239 London high
Failure to hold the 1.3190 day low confirms a lower low, with 1.3180 the next level flagged in the macro context
Loss of the 1.3200 round number would put the 1.3190 day low back under test
ISM Services actual and Prices Paid are not yet in the feed and could reshape this read over the next few bars
14:01 UTC
Intraday downtrend, testing the day low · RSI 32 · price 1.31992
Lower highs from the London high; London range floor broken, Asian low retested.
London's push to the 1.3239 session high faded. The slide into NY broke the 1.3216 range floor and returned price to the 1.3190 Asian low, which held on the retest as DXY sits near its annual high. RSI(14) is around 32 and the lower highs trendline caps the bounce; the move off the London high is retracing only marginally so far.
Support: 1.3190, 1.3180
Resistance: 1.3216, 1.3239
What it said to watch
US ISM Services (f/c 55) at 14:00 UTC lands on the current bar and could materially shift this read
A close below the 1.3190 Asian low confirms a lower-low and exposes the 1.3180 prior low
A recovery above the 1.3216 range floor and the lower highs trendline undercuts the range-break read
Lower highs from the 1.3239 London high gave way in the first hour of NY. The 1.3216 range floor broke and price slid back to the 1.3190 Asian low as DXY sat near its annual high into ISM Services. RSI(14) ~26 is stretched but not extreme.
Support: 1.3190, 1.3180
Resistance: 1.3216, 1.3239
What it said to watch
US ISM Services PMI at 14:00 UTC could materially shift this read
Failure to hold the 1.3190 Asian low exposes the 1.3180 prior low
Recovery back above the 1.3216 range floor negates the range break
M15 close above the lower highs trendline reopens the 1.3239 London high
13:31 UTC
Intraday downtrend, lower highs since London · RSI 31 · price 1.32021
London range floor broken at NY open, testing 1.3200.
NY open broke the 1.3216 range floor that held through London. Price is extending lower highs off the 1.3239 London high into the 1.3200 psych level, the 78.6% retrace of the rally off the Asian low, as DXY holds near its annual high. RSI(14) is near 31 and ATR is about 9 pips going into US data.
Support: 1.3200, 1.3190
Resistance: 1.3216, 1.32388
What it said to watch
US S&P PMI at 13:45 UTC and ISM Services at 14:00 UTC (f/c 55) could materially shift this read
An M15 close back above the 1.3216 range floor would mark the break as a false break
Failure to hold 1.3190 (asian low) completes a full retrace of the London rally
A break above the lower-high trendline toward the 1.3239 london high negates the downtrend read
13:16 UTC
Intraday downtrend since London high · RSI 37 · price 1.32098
Lower highs and lower lows from 1.3239, testing 61.8% fib.
London peaked at the 1.3239 london high and has since printed lower highs and lower lows. Price slipped through the 1.3219 range floor and is now testing the 61.8% fib of the Asian low-to-London high move at 1.3209, with the dollar firm near annual highs into US ISM Services. RSI(14) sits near 37 and price is below both EMAs.
Support: 1.3209, 1.3190, 1.3182
Resistance: 1.3219, 1.3239, 1.3250
What it said to watch
US S&P Global PMI at 13:45 UTC and ISM Services at 14:00 UTC could materially shift this read in the first hour of NY
An M15 close below the 1.3209 fib 61.8 exposes the 1.3190 asian low, then the 1.3182 june low
A recovery back above the 1.3219 range floor and the lower-high trendline would neutralise the London fade; the 1.3239 london high and 1.3250 asian high sit above
13:01 UTC
Intraday pullback, lower highs since London · RSI 46 · price 1.32177
Monday's Asian-session drop to the 1.3190 asian low came as the DXY hit a fresh annual high. London recovered it into a 1.3239 london high, which was rejected. Since then price has printed lower highs inside a 1.3213–1.3232 band and sits near the 50% retrace of that upleg into the NY open, with RSI(14) at 46 and price under EMA20/50.
Support: 1.3213, 1.3190
Resistance: 1.3232, 1.3239, 1.3250
What it said to watch
M15 close below the 1.3213 session low extends the lower-low sequence toward the 1.3190 asian low
Close above the 1.3232 lower high breaks the lower-highs line, putting the 1.3239 london high and the 1.3250 asian high back in play
US S&P Global PMI at 13:45 UTC and ISM Services at 14:00 UTC (f/c 55) could materially shift this read
Tight range 1.3216–1.3232 under the London high, lower highs pressing a flat floor.
The Asian-session dollar spike to the 1.3190 asian low was fully retraced through London. The move topped at the 1.3239 session high and was rejected, and price has since held a 1.3216–1.3232 range. Lower highs along the descending line are now pressing the range low at 1.3216, near the 38.2–50% fib of the recovery, ahead of the US data.
Support: 1.3216, 1.3214, 1.3190
Resistance: 1.3232, 1.3239, 1.3250
What it said to watch
M15 close below the 1.3216 range low and 50% fib at 1.3214 opens the path back toward the 1.3190 asian low
Close above the 1.3232 range top and the descending line reopens the 1.3239 session high, then the 1.3250 asian high
US S&P Composite PMI at 13:45 UTC and ISM Services at 14:00 UTC (f/c 55) in the first hour of NY could materially shift this read
12:32 UTC
Range-bound after recovering Asian sell-off · RSI 52 · price 1.32225
London range 1.3216–1.3232, lower highs beneath 1.3239.
Asia sold off from the 1.3250 Asian high to the 1.3190 Asian low as the dollar printed fresh annual highs. London retraced most of the drop but met rejection at the 1.3239 London high after the UK PMI beat. Since then, lower highs have kept price boxed between the 1.3216 London floor and the 1.3232 range top, holding near the 38.2% of the London rally fib with RSI(14) flat near 52 and EMA20/50 converged just overhead.
Support: 1.3216, 1.3190
Resistance: 1.3232, 1.3239, 1.3250
What it said to watch
US S&P PMI at 13:45 UTC and ISM Services at 14:00 UTC (f/c 55) are the NY session catalysts that could break the range
M15 close below the 1.3216 London floor (50% fib) exposes the 1.3190 Asian low
Close above the 1.3232 range top and the lower-highs line reopens the 1.3239 London high and 1.3250 Asian high
London bounce off Asian low capped at 1.3239; tight 16-pip range since.
London retraced the Asian-session slide to the 1.3190 asian low, helped by the UK PMI beat, but met rejection at the 1.3239 london high. Price has since held a 1.3216–1.3232 range, and a late-London dip below the range floor was reclaimed. Price sits on EMA20 near the 38–50% fib of the asian low–london high leg, RSI(14) 46 neutral, with DXY near its annual high into NY open.
Support: 1.3216, 1.3190
Resistance: 1.3232, 1.3239, 1.3250
What it said to watch
M15 close below the 1.3216 range floor exposes the 1.3190 asian low
Close above the 1.3232 range top reopens the 1.3239 london high, then the 1.3250 asian high
US S&P PMI 13:45 UTC and ISM Services 14:00 UTC (f/c 55) could materially shift this read
Range 1.3219–1.3239 under lower highs, base swept once.
The Asia session slide from the 1.3250 asian high to the 1.3190 asian low was fully recovered in London after the UK PMI beat, topping at the 1.3239 london high. Since then, price has ranged above the 1.3219 range base, roughly the 38.2% retracement, with lower highs and a brief 11:30 UTC false break to 1.3216 that was reclaimed. Late London, ahead of the NY open: price is flat on EMA20/50 and RSI(14) is neutral near 49.
Support: 1.3219, 1.3190
Resistance: 1.3239, 1.3250, 1.3256
What it said to watch
US S&P PMI at 13:45 and ISM Services at 14:00 UTC could break the range in either direction
An M15 close below 1.3216 breaks the range base and exposes the 1.3190 asian low
A close above the lower-highs line and the 1.3239 london high reopens the 1.3250 asian high and 1.3256 friday high
1.3216–1.3239 London range inside the 1.3190–1.3250 Asian range.
London lifted GBPUSD to the 1.3239 london high after the UK services PMI beat. The move stalled short of the 1.3250 asian high and was rejected, with the pair now pressing the 1.3216 london low near the 38.2% fib of the asia low–london high move. Price sits below EMA20/EMA50 with RSI(14) near 44 as USD holds firm ahead of NY.
Support: 1.3216, 1.3190
Resistance: 1.3239, 1.3250
What it said to watch
M15 close below the 1.3216 london low, which also guards the 50% fib, exposes the 1.3190 asian low
Recovery above the 1.3239 london high would break the range read and put the 1.3250 asian high back in play
US S&P Composite PMI at 13:45 UTC and ISM Services at 14:00 UTC (f/c 55) could materially shift this read
11:32 UTC
Intraday recovery, stalled below London high · RSI 51 · price 1.32282
Tight range 1.3219–1.3239 after Asia drop reclaimed.
The Asia session sell-off bottomed at the 1.3190 asian low as the dollar firmed. London has since retraced the whole move, but met rejection at the 1.3239 london high. Mid-London, price is ranging above the 1.3219 pullback low, which lines up with the 38.2% fib of that leg, with RSI(14) flat near 51 and price just above both EMAs.
Support: 1.3219, 1.3190
Resistance: 1.3239, 1.3250
What it said to watch
M15 close below the 1.3219 pullback low opens a return toward the 1.3190 asian low
Close above the 1.3239 london high brings the 1.3250 sunday high into play
US ISM Services at 14:00 UTC could materially shift this read
London higher low off the Asia drop, then rejection at 1.3239; tight 1.3219–1.3229 range.
London recovered the Asia-session drop to the 1.3190 asian low, which came as the DXY gapped higher, and pushed to a 1.3239 session high after the UK PMI beat. Rejection there at 09:30 UTC sent price back to the 1.3219 range floor. Price is now coiling between 1.3219 and the 1.3229 range top on the rising line and the 61.8% of the London leg fib, with RSI(14) neutral near 48 and price pinned just under flat EMAs.
Support: 1.3219, 1.3209, 1.3190
Resistance: 1.3229, 1.3239, 1.3250
What it said to watch
M15 close below the 1.3219 range floor breaks the rising line and exposes the 1.3209 london low
Reclaim of the 1.3229 range top reopens the 1.3239 session high, with the 1.3250 asian high above
US ISM Services at 14:00 UTC (NY session) could materially shift this read; a firm USD print puts the 1.3190 asian low back in focus
10:46 UTC
Recovering from Asian low, momentum stalling · RSI 55 · price 1.3226
London higher-low chain capped below Asian high; post-rejection consolidation.
London lifted cable off the 1.3190 asian low and the 1.3209 london base to 1.3239 after the UK Services PMI beat, but a double rejection at the london high, still below the Asian high, sent a 17-pip drop to a 1.3219 pullback low near the 38.2% fib. Price is now compressing at 1.3220–1.3229 around EMA20 with a firm USD into ISM Services.
Support: 1.3219, 1.3209, 1.3190
Resistance: 1.3239, 1.3250, 1.3256
What it said to watch
M15 close above the 1.3239 london high reopens the 1.3250 sunday high and 1.3256 friday high
Loss of the 1.3219 pullback low and 38.2% fib exposes the 1.3209 london base, then the 1.3190 asian low
US ISM Services at 14:00 UTC (f/c 55) could materially shift this read
HH/HL chain off Asia low; double rejection at session high.
Mid-London, GBPUSD has recovered from the 1.3190 asia low with a higher-low chain, but the 1.3239 session high rejected twice. The pullback low at 1.3219 held near the 38.2% fib of the 1.3190–1.3239 leg and above the rising trendline, while USD stays firm into ISM Services despite the UK PMI beat.
Support: 1.3219, 1.3209, 1.3190
Resistance: 1.3239, 1.3250
What it said to watch
M15 close above the 1.3239 session high reopens the 1.3250 asia high
Break of the 1.3219 pullback low and rising trendline exposes the 1.3209 swing low, then the 1.3190 asia low
US S&P Composite PMI 13:45 UTC and ISM Services 14:00 UTC could materially shift this read
10:16 UTC
Recovering from Asian low, momentum stalled · RSI 53 · price 1.32254
Higher lows since 1.3190, capped at 1.3239 london high.
Cable climbed off the 1.3190 asian low through the Asian session. The UK Services PMI beat (52.1 vs 51.7) at 07:30 UTC lifted it to a 1.3239 london high, where two failed pushes triggered a rejection to the 1.3219 swing low. Mid-London, price sits on EMA20 at 1.3225 with RSI(14) neutral near 53, still inside the 1.3190–1.3250 Asian range and below the asian high.
Support: 1.32188, 1.3190
Resistance: 1.32388, 1.32499, 1.32557
What it said to watch
M15 close below the 1.3219 swing low breaks the rising-lows trendline and exposes the 38.2% of the Asia-London leg toward the 1.3190 asian low
Close above the 1.3239 london high reopens the 1.3250 asian high and the 1.3256 friday high
US ISM Services at 14:00 UTC (f/c 55) could materially shift this read; USD firm into the release
Higher lows off the Asian low, capped at the 1.3239 session high.
London lifted GBPUSD from the 1.3190 asian low along a rising trendline of higher lows. Price was rejected at the 1.3239 session high, and the 09:30 UTC drop held the 1.3219 swing low near the 38.2% fib of that rally. The UK PMI beat gave little lift against a firm dollar, and price remains inside the Asian range below the 1.3250 asian high.
Support: 1.3219, 1.3203, 1.3190
Resistance: 1.3239, 1.3250, 1.3256
What it said to watch
M15 close below the 1.3219 swing low breaks the trendline and higher-low chain, exposing the 1.3203 london low
M15 close above the 1.3239 session high opens the 1.3250 asian high and 1.3256 friday high
Loss of the 1.3190 asian low would set a new session low and void the recovery read
US ISM Services at 14:00 UTC could materially shift this read
09:47 UTC
Intraday recovery stalled, rejected at session high · RSI 53 · price 1.32191
Asia low double bottom, London HH/HL chain now testing its rising trendline.
Asia sold off to a 1.3190 asia low as USD hit fresh highs, and a double bottom there fed a London HH/HL recovery to the 1.3239 session high. The 09:30 UTC bar rejected that high, dropping 17 pips back to the rising tl near 1.3220, now below ema20 and the 38.2% retrace of the asia-london leg.
Support: 1.32144, 1.32086, 1.3190
Resistance: 1.32217, 1.32388, 1.32499
What it said to watch
M15 close below the 1.3209 london low breaks the HH/HL chain; the 1.3214 50% fib sits just above it
Recapture of ema20 and the 1.3239 session high revives the recovery, with the 1.3250 asia high next
US ISM Services at 14:00 UTC could materially shift this read
09:31 UTC
Intraday uptrend, stalling at session high · RSI 69 · price 1.32359
Higher-low chain from Asian low, double print at 1.3239.
The Asian slide to 1.3190 dipped under Friday's pre-NFP low before London reversed it. Price has since built a higher-low chain along a rising trendline, helped by the UK services PMI beat. The pair now sits just below the 1.3239 session high, printed twice, with RSI(14) near 69 and the Asian high at 1.3250 overhead.
Support: 1.32267, 1.32086, 1.3190
Resistance: 1.32388, 1.32499, 1.32557
What it said to watch
M15 close above the 1.3250 asian high exposes the 1.3256 friday high and the 1.3265 resistance cited in the digest
Loss of the 1.3227 swing low and the rising trendline breaks the London higher-low chain; 38.2% of the london rally sits near 1.3220
Below the 1.3209 london low, the 1.3190 asian low comes back into view
US S&P PMI 13:45 UTC and ISM Services 14:00 UTC (f/c 55.7) could materially shift this read during NY hours
London HH/HL chain off the 1.3190 session low, back near the top of the Asian range.
Asia sold off from the 1.3250 Asia high to a 1.3190 session low as USD firmed. London has since retraced about three-quarters of that drop in a clean higher-low chain, helped by the UK services PMI beat. Price is now testing the 1.3239 London high with RSI(14) near 70 and ATR around 9 pips.
Support: 1.32267, 1.32086, 1.3190
Resistance: 1.32388, 1.32499, 1.32557
What it said to watch
An M15 close above the 1.3250 Asia high opens the 1.3256 Friday high and 1.3265 resistance
A break of the higher-low trendline and the 1.3227 swing low ends the London HH/HL chain; the 1.3209 higher low is next below
A failure back through 61.8% of the Asia drop fib (~1.3227) would leave the 1.3190 session low exposed
US S&P Global PMI at 13:45 UTC and ISM Services at 14:00 UTC could materially shift this read
Asian sell-off to a 1.3190 double bottom, then a HH/HL chain into London, capped at the session high.
Asian session sold off from 1.3250 to a double bottom at 1.3190 as the USD firmed on safe-haven flows. The London rally has since retraced most of that drop on rising lows. Price is stalling just under the 1.3236 session high with RSI(14) near 64.
Support: 1.32278, 1.32086, 1.3190
Resistance: 1.32364, 1.32499, 1.32557
What it said to watch
M15 close above the 1.3236 session high opens the path to the 1.3250 asian high and the 1.3256 friday high
Break of the 1.3228 pullback low, then the 1.3209 higher low, would undercut the rising lows structure
Loss of the 1.3190 asian low voids the double bottom
US S&P PMI (13:45 UTC) and ISM Services (14:00 UTC, f/c 55.7) could materially shift this read in the NY session
08:31 UTC
Recovering from Asian low, momentum stalling · RSI 64 · price 1.32285
Higher lows since 1.3190 double bottom, inside Asian range.
Asian session sold off to the 1.3190 Asian low as the USD firmed ahead of ISM, then based in a double bottom there. London has retraced most of the drop on a higher-lows trendline, but stalled with a rejection at the 1.3236 session high, still below the 1.3250 Asian high.
Support: 1.3209, 1.3190
Resistance: 1.3236, 1.3250
What it said to watch
M15 close above the 1.3236 session high puts the 1.3250 Asian high and the 1.3265 range top in view
Loss of the 1.3209 london low breaks the higher-lows trendline and reopens the 1.3190 Asian low
US ISM Services at 14:00 UTC could materially shift this read
08:16 UTC
Intraday recovery, higher lows since Asia · RSI 74 · price 1.32338
V-recovery off a 1.3190 double bottom; London building a higher-low chain toward the Asian high.
The Asia session sell-off on broad USD demand double-bottomed at the 1.3190 asian low (03:00 and 04:00 UTC). London has since extended a higher-low chain off the 1.3209 london low to 1.3234, clearing the 61.8% fib of the Asian drop, with RSI(14) near 74. Price now sits about 15 pips under the 1.3250 asian high, with Friday's 1.3256 nfp high just above it.
Support: 1.3227, 1.3209, 1.3190
Resistance: 1.3250, 1.3256
What it said to watch
M15 close above the 1.3250 asian high and the 1.3256 nfp high opens UOB's 1.3265 cap
Slip back below the 61.8% fib at 1.3227 puts the London rebound on hold
Break below the 1.3209 london low snaps the higher-low line
Loss of the 1.3190 asian low voids the double bottom
US ISM Services at 14:00 UTC (f/c 55.7) could materially shift this read
08:02 UTC
Intraday recovery, higher lows since Asia · RSI 66 · price 1.32234
Double bottom at 1.3190, London high 1.3230 capping.
Haven USD demand drove the Asian slide from the 1.3250 Asian high to a double bottom at the 1.3190 Asian low. Early London extended the rebound to a 1.3230 London high near the 61.8% fib, and price now holds the 50% retracement with RSI(14) near 66 and price only marginally above the EMA50.
Support: 1.3209, 1.3190
Resistance: 1.3230, 1.3250, 1.3265
What it said to watch
M15 close above the 1.3230 London high and 61.8% fib opens the 1.3250 Asian high, then the 1.3265 range top
Loss of rising support and the 1.3209 swing low exposes the 1.3190 Asian low double bottom
US ISM Services at 14:00 UTC, preceded by S&P Global Composite PMI at 13:45 UTC, could materially shift this read
07:47 UTC
Recovering from Asia sell-off, higher lows · RSI 57 · price 1.32262
HL chain off 1.3190 asia low, inside Asian range, pressing 61.8% fib.
A haven USD bid knocked cable from the 1.3250 asia high to a 1.3190 asia low, where it held twice. Early London has stacked higher lows up to 1.3209 and is now capping at the 1.3228 london high, which sits on the 61.8% fib of the Asia drop. RSI(14) is near 57 and ATR(14) is about 8 pips.
Support: 1.32086, 1.3200, 1.3190
Resistance: 1.32277, 1.3237, 1.3250
What it said to watch
M15 close above the 1.3228 london high opens the 1.3237 breakdown zone, then the 1.3250 asia high
Failure to hold the 1.3209 higher low breaks the recovery and exposes the 1.3200 round number and the 1.3190 asia low
US S&P Composite PMI (13:45 UTC) and ISM Services (14:00 UTC) during NY hours could materially shift this read
07:31 UTC
Recovering from Asian sell-off, higher lows · RSI 50 · price 1.32156
Double bottom at 1.3190, HL chain capped at 1.3219 session high.
The Asian session fell from the 1.3250 Asian high to 1.3190 as the USD haven bid rebuilt. A double bottom at the 1.3190 Asian low has since built a chain of rising lows, and the London open is stalling at the 1.3219 session high, near the 50% retrace of the Asian drop. Price holds above the 1.3209 London low, which retested the double-bottom neckline, with RSI(14) flat near 50.
Support: 1.32086, 1.3190
Resistance: 1.32193, 1.32367, 1.32499
What it said to watch
M15 close above the 1.3219 session high exposes the 61.8% retrace near 1.3227 and the 1.3237 breakdown shelf
Loss of the 1.3209 London low and the rising lows line returns focus to the 1.3190 Asian low
US ISM Services at 14:00 UTC (f/c 55.7) is the main event risk for this read
07:17 UTC
Recovering from Asia sell-off, below breakdown point · RSI 49 · price 1.32168
Double bottom at 1.3190, higher lows into early London.
Asia session broke below Friday's post-NFP base at the 1.3226 breakdown point as USD firmed on haven demand. Price then put in a double bottom at the 1.3190 asian low and retested the 1.3206 neckline. Early London has pushed along a rising trendline to the 1.3219 london high, which sits at the 61.8% of the Asia drop; RSI(14) is neutral near 49.
Support: 1.3206, 1.3190
Resistance: 1.3219, 1.3226, 1.3250
What it said to watch
M15 close above the 1.3226 breakdown pt reclaims Friday's base and reopens the 1.3250 asian high
Loss of the 1.3206 neckline and the rebound trendline returns focus to the 1.3190 asian low
US S&P Composite PMI (13:45 UTC) and ISM Services (14:00 UTC, f/c 55.7) could materially shift this read
07:02 UTC
Recovering from Asia selloff, testing 50% retrace · RSI 52 · price 1.32158
Higher lows off 1.3190 double bottom; lower highs from 1.3250 intact above.
A USD haven bid knocked GBPUSD from the 1.3250 Asian high to the 1.3190 Asian low overnight. A double bottom there and a chain of higher lows, last at 1.3205, have lifted price to the 50% fib near 1.3220 into London open. RSI(14) is neutral near 52 and the pair still sits below EMA50.
Support: 1.3205, 1.3190
Resistance: 1.3220, 1.3235, 1.3250
What it said to watch
M15 close above 1.3220 (50% fib) extends the recovery toward the 1.3235 breakdown area
Loss of the 1.3205 higher low and rising support reopens the 1.3190 Asian low
1.3250 Asian high remains the ceiling of the overnight decline
US ISM Services at 14:00 UTC could materially shift this read
Higher lows off 1.3190 double bottom, inside Asian range.
A safe-haven USD bid pulled GBPUSD from the 1.3250 Asian high to a 1.3190 session low in late Asia, where a double bottom formed. Rising lows have since lifted price to the 38.2% fib at 1.3213 into London open, with the 1.3218 recovery high and the 50% fib just overhead and the 1.3235 breakdown area above.
Support: 1.3205, 1.3190
Resistance: 1.3218, 1.3235, 1.3250
What it said to watch
M15 close above the 1.3218 recovery high clears the 50% fib and opens the 1.3235 breakdown area
Loss of the 1.3205 higher low breaks the rising lows line and puts the 1.3190 session low back in play
US ISM Services at 14:00 UTC (f/c 55.7) could materially shift this read
A move back through 1.3235 brings the 1.3250 asian high, the top of the session range, into view
Lower highs from 1.3250, double bottom at 1.3190, higher lows since.
Asia slid from the 1.3250 Asian high on the safe-haven USD bid. It swept Friday's 1.3196 low into a 1.3190 session low, and a double bottom at 1.3190/1.3193 then lifted price back to 1.3210. The bounce stalled at the 1.3218 bounce high, between the 38.2% and 50% fib of the Asia drop, with price sitting on the rising lows line and just under EMA20 ahead of London open.
Support: 1.3203, 1.3190
Resistance: 1.3218, 1.3233, 1.3250
What it said to watch
M15 close below the 1.3203 higher low breaks the rising lows line and reopens the 1.3190 session low
Close above the 1.3218 bounce high clears the 50% fib near 1.3220 and brings the 1.3233 asia shelf into view
Loss of the 1.3190 session low exposes the 1.3180 four-month low
US ISM Services at 14:00 UTC could materially shift this read
06:16 UTC
Asia sell-off, rebound in progress · RSI 49 · price 1.32134
Double bottom at 1.3190, rising lows into fib 38.2%.
A safe-haven USD bid in Asia drove GBPUSD from the 1.3250 Asian high to a 1.3190 session low. A double bottom at 1.3190–1.3193 has since built rising lows back to the 38.2% fib near 1.3213, just under the 1.3215 rebound high. Price sits above EMA20 but below EMA50, with RSI(14) near 49 heading into London open.
Support: 1.32034, 1.3190
Resistance: 1.3215, 1.3220, 1.32499
What it said to watch
M15 close above 1.3220 (fib 50%) extends the rebound toward the 1.3250 Asian high
Break of the 1.3203 higher low and the rising lows line returns focus to the 1.3190 session low; a close below it voids the double bottom
US ISM Services at 14:00 UTC (f/c 55.7) could materially shift this read
06:01 UTC
Asia downtrend, basing near lows · RSI 47 · price 1.32101
Lower highs off 1.3250 Sunday high; double bottom at 1.3190 with price holding just above 1.3207 neckline.
Asia sold off from the 1.3250 sunday high to a 1.3190 asian low as the USD haven bid on Yemen headlines returned, giving back most of Friday's post-NFP spike. Back-to-back lows at 1.3190–1.3193 form a small double bottom. Late in the Asia session, an hour before London open, price is capped at the ema20 / 38.2% fib near 1.3212, with the 1.3200 round number underneath.
Support: 1.3200, 1.3190
Resistance: 1.3212, 1.3237, 1.3250
What it said to watch
M15 close above 1.3212 (ema20 / 38.2% fib) opens the 1.3237 friday close; reclaiming the 1.3250 sunday high negates the Asia downtrend
Loss of the 1.3200 round number puts the 1.3190 asian low back in play; a break there extends the lower-low sequence and voids the double bottom
US ISM Services 14:00 UTC (f/c 55.7) could materially shift this read
Asia lower highs from 1.3250, double low at 1.3190, pre-London consolidation.
The Asia session gave back Friday's NFP bounce, sliding from the 1.3250 Asia high to a 1.3190 session low as a haven USD bid built on Middle East headlines. A double bottom formed at 1.3190–1.3193, but the bounce stalled at the 1.3212 bounce high, just under the 38.2% retracement. Price is back near the 1.3200 round number and below both EMAs ahead of London open.
Support: 1.3200, 1.3190, 1.3180
Resistance: 1.3212, 1.3220, 1.3250
What it said to watch
M15 close below the 1.3190 session low negates the double bottom and exposes the 1.3180 4-month low
Hold above the 1.3200 round number and a close through the 1.3212 bounce high brings the 50% fib at 1.3220 and the Asia lower-high trendline into play
US ISM Services at 14:00 UTC could materially shift this read; a firm print revives the USD bid, a soft one revives the post-NFP squeeze toward the 1.3250 Asia high
05:31 UTC
Asia selloff, early bounce stalling · RSI 43 · price 1.32077
Asia range 1.3190–1.3250; double low near 1.3190, higher highs off the low capped at 1.3212.
Asia session sold off from the 1.3250 asia high to 1.3190 as USD firmed on Yemen safe-haven demand. The drop briefly swept Friday's pre-NFP low before buyers stepped in twice near the 1.3190 asia low. The bounce has stalled at the 1.3212 bounce high, just under the 38.2% fib, with price still below EMA20 and RSI(14) near 43.
Support: 1.3200, 1.3190
Resistance: 1.3212, 1.3223, 1.3250
What it said to watch
M15 close above the 1.3212 bounce high opens the 1.3223 breakdown shelf and the 50% fib near 1.3220
Loss of the 1.3200 round number exposes the 1.3190 asia low; a break there confirms a lower-low
London open in ~1.5h and US ISM Services at 14:00 UTC could materially shift this read
Lower highs off 1.3250; double bottom at 1.3190 lifted through 1.3207 neckline.
The Yemen-driven USD safe-haven bid pushed GBPUSD from the 1.3250 asian high to 1.3190 in Asia, erasing most of Friday's NFP bounce. A double bottom at 1.3190/1.3193 has lifted price back through the 1.3207 neckline. The 38.2% fib at 1.3213 is the next level overhead, with price still under both EMAs.
Support: 1.3205, 1.3190, 1.3180
Resistance: 1.3213, 1.3223, 1.3250
What it said to watch
Holding the 1.3205 neckline keeps the double-bottom bounce intact; failure reopens the 1.3190 asian low
M15 close above the 1.3223 breakdown zone opens the path to the 1.3250 asian high
Loss of 1.3190 exposes the 1.3180 4-month low
London open in ~1h45 is likely to test the Asian range; US ISM Services at 14:00 UTC could materially shift this read
Lower highs from the Asia high; tight base 1.3190–1.3208.
Late Asia has erased Friday's NFP bounce. A roughly 60-pip slide from the 1.3250 Asia high between 02:00 and 03:00 UTC printed a 1.3190 session low as USD firmed on safe-haven demand. Price is now basing between 1.3190 and the 1.3208 bounce high, below EMA20 and EMA50 with RSI(14) near 38. A marginal higher low at 1.3193 is the only sign of stabilisation.
Support: 1.3190, 1.3180
Resistance: 1.32075, 1.3225, 1.3250
What it said to watch
London open: a break of the 1.3190 session low exposes the 1.3180 4-month low
M15 close above the 1.3208 bounce high and the 38.2% fib near 1.3213 eases the downtrend read; 1.3225 breakdown shelf next
US ISM Services at 14:00 UTC (f/c 55.7) could materially shift this read
Asian range broken lower; tight base 1.3190–1.3208 under a lower high.
The Asia session broke below the 1.3232 Asian low as USD firmed on safe-haven demand. The selloff erased Friday's NFP bounce and slipped under the pre-NFP 1.3196 area. Price is now basing between the 1.3190 session low and a 1.3208 lower high, RSI(14) near 28, with the bounce stalling below the 38.2% retracement of the Asia selloff.
Support: 1.3190, 1.3180
Resistance: 1.32075, 1.3232
What it said to watch
Break of the 1.3190 session low exposes the 1.3180 4-month low
M15 close above the 1.3208 lower high and the fib 38.2% near 1.3213 eases the downtrend read
Reclaim of the 1.3232 Asian low would negate the range break
London open in ~2.5h tends to set the next directional leg
US ISM Services at 14:00 UTC (f/c 55.7) could materially shift this read
Lower highs capped at 1.3207 after a break of the 1.3235 Asian shelf.
Late Asia session: GBP/USD slid from the 1.3250 Asian high to a 1.3190 session low as the USD safe-haven bid returned. That move erased Friday's NFP bounce and broke the 1.3196 pre-NFP base. Rebounds have stalled at the 1.3207 bounce high, below the 23.6% level of the Asia drop fib, with RSI(14) back to 33 from roughly 20 at the flush.
Support: 1.3190, 1.3180
Resistance: 1.3207, 1.3223, 1.3250
What it said to watch
Failure to clear the 1.3207 bounce high keeps the lower-high sequence intact into London open
Break of the 1.3190 session low exposes the 1.3180 4-month low
Recovery above the 1.3223 breakdown bar puts the 50–61.8% zone of the Asia drop fib back in play
US ISM Services 14:00 UTC could materially shift this read
Lower highs and lower lows after a break below the Asian range; Friday's NFP bounce fully erased.
Asia session unwound Friday's NFP bounce. Price slid about 60 pips from the 1.3250 asia high, broke under the pre-NFP 1.3196 floor and printed a 1.3190 asia low as USD firmed on safe-haven demand. The bounce stalled at a 1.3208 lower high, and price is back near the lows with RSI(14) around 24.
Support: 1.3190, 1.3180
Resistance: 1.32075, 1.3220, 1.32499
What it said to watch
M15 close below the 1.3190 asia low extends the lower-low chain toward the 1.3180 4m low
Recovery through the 1.3208 lower high and the fib 50% at 1.3220 would neutralise the Asia breakdown; the 1.3250 asia high caps above
London open in about 3h; a session expansion from this compressed low could set the day's range
US ISM Services 14:00 UTC (f/c 55.7) could materially shift this read
Asian range broken lower, lower highs since 1.3250, bounce stalling below 1.3208.
In late Asia, the drifting range off the 1.3250 Friday high gave way as USD firmed on safe-haven flows ahead of ISM. The Asia sell-off cut through the 1.3196 Friday low to a 1.3190 Asia low before a bounce to 1.3208. Price holds below EMA20/50 with RSI(14) near 34, and the 1.3221 pre-NFP top (50% fib) sits above the bounce high.
Support: 1.3196, 1.3190, 1.3180
Resistance: 1.3208, 1.3221, 1.3250
What it said to watch
M15 close back below the 1.3190 Asia low exposes the 1.3180 4-month low
Holding above the 1.3196 Friday low keeps the sweep-and-bounce read intact
Close above the 1.3221 pre-NFP top / 50% fib neutralises the breakdown, with the 1.3250 Friday high above
London open at 07:00 UTC is the first test of the Asia low and the bounce high
US ISM Services 14:00 UTC (f/c 55.7) could materially shift this read
03:31 UTC
Intraday downtrend, early bounce · RSI 31 · price 1.3205
Asia range broken lower, lower highs since 1.3250.
Late in the Asia session GBPUSD broke out of its range under the 1.3250 Asia high and fell about 60 pips to a 1.3190 session low. The move swept Friday's pre-NFP low before a bounce that has so far stalled below the 38.2% fib at 1.3213. A firmer, haven-driven USD ahead of ISM Services is unwinding part of the post-NFP rally, with price below both EMAs and RSI(14) near 31.
Support: 1.3190, 1.3180
Resistance: 1.3213, 1.3223, 1.3250
What it said to watch
M15 close back above the 1.3223 breakdown area negates the range-break read
Failure to hold the 1.3190 session low exposes the 1.3180 4-month low
London open liquidity is the first test of whether the bounce extends toward the 38.2% fib or fades
US ISM Services 14:00 UTC (f/c 55.7) could materially shift this read; a reclaim of the 1.3250 asia high needs a soft print
03:16 UTC
Downtrend, oversold after Asia flush · RSI 22 · price 1.32008
Asian range broken lower; lower highs since the 1.3250 open.
Late in the Asia session, GBPUSD broke the 1.3232 asia shelf and slid 35 pips to a 1.3190 session low, erasing Friday's NFP bounce as haven USD demand returned. RSI(14) near 22 after the drop, with price stalling just above 1.3200. The 1.3220 breakdown area aligns with the 50% fib of the Asia selloff.
Support: 1.3190, 1.3180
Resistance: 1.3220, 1.3232, 1.3256
What it said to watch
Failure to hold the 1.3190 session low exposes the 1.3180 4m low
M15 close back above 1.3220 breakdown, with the lower-high trendline cleared, invalidates the downtrend read
Reclaim of the 1.3232 asia shelf reopens the 1.3256 friday high
US ISM Services 14:00 UTC could materially shift this read
03:01 UTC
Downtrend, oversold after sharp Asia leg lower · RSI 18 · price 1.31994
Lower highs through Monday's Asia session, break below Friday's NFP-bar low.
Monday's Asia session has unwound the whole post-NFP bounce. Price slid from the 1.3250 asia high through Friday's payrolls-bar low to a 1.3195 session low as haven USD demand returned. RSI(14) near 18 is deeply oversold, and the 1.3217 breakdown level lines up with the 38.2% of the Asia drop fib.
Support: 1.3195, 1.3180
Resistance: 1.3217, 1.3237, 1.3250
What it said to watch
Failure to hold the 1.3195 session low exposes the 1.3180 4-month low
An M15 close back above the 1.3217 breakdown level and the 38.2% Asia drop fib would mark a corrective bounce rather than continuation
The Asia lower-highs trendline from 1.3250 is capping rallies; a move above the 1.3237 lower high breaks that sequence
London open in ~4h, then US ISM Services at 14:00 UTC (f/c 55.7), could materially shift this read
02:46 UTC
Downtrend, Asia sell-off stretched · RSI 26 · price 1.32208
Lower highs from 1.3250 Asian high, break below NFP pullback low.
GBP/USD has slid from the 1.3250 Asian high through the Asia session on a firmer USD. A late-Asia flush cut through the 1.3224 NFP pullback low and the 1.3232 broken low to a 1.3217 session low, close to the 61.8% fib of Friday's NFP bounce. RSI(14) sits near 26 and the chain of lower highs off the Asian high is intact.
Support: 1.3217, 1.3200, 1.3180
Resistance: 1.3224, 1.3232, 1.3250
What it said to watch
M15 close back above the 1.3232 broken low breaks the Asia lower-highs sequence
Failure to hold the 1.3217 session low and 61.8% fib exposes the 1.3200 round number, then the 1.3180 4-month low
Acceptance back above the 1.3224 nfp pullback level would mark the break as a false break
London open in ~4h typically expands the Asian range; US ISM Services at 14:00 UTC could materially shift this read
02:31 UTC
Downtrend, extended in Asia · RSI 24 · price 1.32213
Lower highs from Sunday high; Asia break below post-NFP pullback low.
The Asia session decline from the 1.3250 sunday high has carved a chain of lower highs along a descending trendline. It broke below Friday's post-NFP pullback low at 1.3224, now the broken low, and printed an asia low at 1.3217 as haven USD demand builds ahead of ISM Services. RSI(14) is near 24, short of oversold, with price below EMA20 and EMA50.
Support: 1.32167, 1.3200, 1.3180
Resistance: 1.32235, 1.32369, 1.32499
What it said to watch
M15 close back above the 1.3224 broken low would mark the Asia move as a false break
Failure to hold the 1.3217 asia low exposes the 1.3200 round number, then the 1.3180 4-month low
A close above the 1.3237 lower high and the trendline breaks the lower-high sequence; 61.8% of the Asia decline sits at the same area, with the 1.3250 sunday high above
US ISM Services at 14:00 UTC (f/c 55.7) could materially shift this read
02:16 UTC
Intraday downtrend, lower highs through Asia · RSI 31 · price 1.32268
Asian range low broken; price at 50% of Friday's NFP rally.
Asia session has printed a run of lower highs from the 1.3250 session high. The 02:00 UTC drop broke the Asian low at 1.3232 and brought price back to the 50% retrace of Friday's NFP rally near 1.3226 as USD firms ahead of ISM. Friday's 1.3224 swing low is the next reference, with RSI(14) near 31 and not yet stretched.
Support: 1.32235, 1.32187, 1.3200
Resistance: 1.32317, 1.32499, 1.32557
What it said to watch
A reclaim of the 1.3232 broken low negates the range break and the lower-highs trendline read
Failure to hold the 1.3224 swing low exposes the 61.8% fib at 1.3219 and 1.3200 psych
A move back through the 1.3250 session high and 1.3256 nfp high would reverse the Asia structure
London open later this session is the first range-expansion test; current ATR is about 4.5 pips
US ISM Services 14:00 UTC (f/c 55.7) could materially shift this read
Lower highs in Asia session, holding 38.2% of NFP leg.
The Asia session has slipped from the 1.3250 Asian high in a lower-high sequence along a descending trendline as USD firms ahead of ISM Services. Price is testing the 1.3232 Asian low, near the 38.2% fib of Friday's NFP rally (1.3196–1.3256). RSI is in the mid-40s and ATR sits at about 4 pips, so the tape is compressed.
Support: 1.3232, 1.3224, 1.3200
Resistance: 1.3250, 1.3256
What it said to watch
A break below the 1.3232 asian low exposes the 1.3224 nfp pullback low and the 61.8% fib near 1.3219
An M15 close above the trendline and the 1.3250 asian high reopens the 1.3256 friday high
ISM Services at 14:00 UTC (f/c 55.7) could materially shift this read
Failure of the nfp pullback low puts the 1.3200 round number back in play
The Sunday-open spike to the 1.3250 Asia high was rejected and faded through the Asia session in a series of lower highs. Price now sits near the 1.3232 Asia low, around the 38.2% fib of Friday's NFP rally, with RSI(14) near 40 and price below both EMAs. Post-payrolls USD softness still holds the pair above Friday's 1.3224 NFP pb low.
Support: 1.32317, 1.32235, 1.3200
Resistance: 1.32416, 1.32499, 1.32557
What it said to watch
A break of the 1.3232 asia low exposes the 1.3224 nfp pb low and the 50% NFP rally fib near 1.3226
An M15 close above the 1.3242 lower high breaks the Asia lower-highs trendline, with the 1.3250 asia high and 1.3256 friday high next
Failure to hold 1.3224 brings the 1.3200 psych level back into play
London open could expand the tight Asian range; US ISM Services at 14:00 UTC (f/c 55.7) could materially shift this read
Early Asia has slipped from the 1.3250 session high back through the 1.3237 friday close. Price now sits on the 38.2% fib of Friday's payrolls rally at 1.3233, below both EMAs, with RSI(14) near 39. Highs are stepping lower under the trendline from the 1.3256 friday high, with the 1.3224 swing low as the next floor.
Support: 1.3224, 1.3211, 1.3200
Resistance: 1.3237, 1.3250, 1.3256
What it said to watch
M15 close below the 1.3224 swing low opens the 1.3211 pullback low and the 1.3200 round number
Reclaim of the 1.3237 friday close and a break of the lower-highs trendline above the 1.3250 session high would negate the fade
Friday high at 1.3256 caps the post-payrolls range
US ISM Services (Mon 14:00 UTC) could materially shift this read later in the day
Asian range 1.3234–1.3250 nested inside Friday's 1.3224–1.3256 post-NFP range.
The soft US payrolls lifted GBPUSD from the 1.3196 pre-release low to the 1.3256 NFP high, and the pullback held the Fri NY low at 1.3224, near the 50% retrace of the NFP rally. Early Asia session opened at 1.3234, ran to an Asian high at 1.3250 that capped below Friday's peak, and has faded back to the Asian low area at 1.3237. Price sits just under EMA20, with the market chopping inside the range.
Support: 1.32372, 1.32339, 1.32235
Resistance: 1.32499, 1.32557
What it said to watch
M15 close below the 1.3234 open low breaks the Asian range and exposes the Fri NY low at 1.3224
Acceptance above the 1.3250 Asian high reopens the 1.3256 NFP high
US ISM Services 14:00 UTC (f/c 55.7) could materially shift this read
00:31 UTC
Post-NFP uptrend pausing, flat in Asia · RSI 52 · price 1.32398
Asian range 1.3234–1.3250 below Friday's post-NFP high, lower highs since early Asia.
Early Asia session is drifting mid-range near 1.3240. An opening pop to the 1.3250 asian high faded into lower highs, leaving a 1.3234–1.3250 range below Friday's 1.3256 nfp high. Friday's weak US payrolls lift from below 1.3200 is intact, and price holds near the 23.6% fib retracement of that move.
Support: 1.32339, 1.32235, 1.3200
Resistance: 1.32499, 1.32557
What it said to watch
Break of the 1.3234 asian low exposes the 1.3224 swing low near the 50% fib retracement
A close above the 1.3250 asian high and the 1.3256 nfp high extends the post-payrolls leg
Loss of the 1.3200 round number would unwind Friday's NFP move
US S&P PMI (13:45 UTC) and ISM Services (14:00 UTC) later today could materially shift this read
00:16 UTC
Post-NFP uptrend stalling, drifting lower in Asia · RSI 49 · price 1.32397
Asian range 1.3234–1.3250, lower high under Friday's 1.3256 peak.
Early Monday Asia session popped from the 1.3234 asian low to a 1.3250 asian high, but met rejection below Friday's 1.3256 nfp high, which capped the soft-payrolls rally. Price has faded to 1.3240 and sits at the session low and the 38.2% fib of the 1.3224–1.3250 leg, mid-range with ATR(14) under 5 pips.
Support: 1.32381, 1.32339, 1.32235
Resistance: 1.32499, 1.32557
What it said to watch
Close below the 1.3238 session low and 1.3234 asian low opens the 1.3224 swing low
Recovery through the 1.3250 asian high retests the 1.3256 nfp high
US ISM Services 14:00 UTC (f/c 55.7) could materially shift this read
Asian range forming 1.3234–1.3250 beneath the 1.3256 NFP high.
Friday's payrolls miss lifted GBPUSD from 1.3196 to the 1.3256 NFP high. The 1.3224 nfp pullback low held near the 50% retracement before a late-NY recovery. The Sunday open spiked to the 1.3250 asian high and faded back to 1.3241, holding the open low at 1.3234 and the 1.3238 intraday low.
Support: 1.32381, 1.32339, 1.32235
Resistance: 1.32499, 1.32557
What it said to watch
Close above the 1.3250 asian high puts the 1.3256 nfp high back in play
Loss of the 1.3234 open low exposes the 1.3224 nfp pullback low and the 50–61.8% fib zone
Repeated tests of the 1.3238 intraday low would confirm the fade from the Asian high
US ISM Services PMI at 14:00 UTC could materially shift this read