GBP/USD AI Live Scan, 15-minute chart, Friday, 6 November 2026

Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

20:46 UTC

Downtrend, compressing near lows · RSI 34 · price 1.33501

Lower highs after NFP; late-NY 1.3346–1.3357 range.

The Asian range of 1.3414–1.3463 gave way at London open. The NFP beat (165K vs 65K) then drove cable to the 1.3342 NFP low. The NY bounce stalled at the 1.3377 lower high, near the 61.8% of the NFP leg, and a second lower high at 1.3373 preceded the slide back to 1.3350, where late NY is compressing between the 1.3346 late NY low and the 1.3357 bounce cap.

Support: 1.3346, 1.3342

Resistance: 1.3357, 1.3377, 1.3400

What it said to watch

  • M15 close below the 1.3342 NFP low extends the lower-low sequence
  • Recovery above the 1.3357 bounce cap shifts focus back to the 1.3377 lower high
  • A close above 1.3377 breaks the post-NFP lower-high chain and exposes the 1.3400 round number
  • Friday close near; Bailey speaks Mon 17:25 UTC and could materially shift this read

20:32 UTC

Downtrend, late-NY pause above day low · RSI 40 · price 1.33498

Lower highs since NFP, tight base at the ny low.

The blowout NFP drove cable to a 1.3342 nfp low. The rebound stalled at the 1.3377 post-nfp hi, a 57% retrace of the nfp leg fib, and a lower high at 1.3374 preceded a fresh drop to the 1.3346 ny low during late NY. Price is coiling just above that low, with 1.3357 acting as a minor cap and RSI(14) near 40.

Support: 1.3346, 1.33421

Resistance: 1.33576, 1.33774, 1.3400

What it said to watch

  • A close below the 1.3342 nfp low confirms a lower-low beyond the NFP extreme
  • A reclaim of the 1.3357 minor cap and the descending trendline near 1.3373 would neutralise the lower-high sequence
  • The round number at 1.3400 is the post-NFP breakdown level; it stays out of reach while below 1.3377
  • Thin Friday-close liquidity; Bailey (Mon 17:25 UTC) is the next scheduled GBP risk

20:16 UTC

Downtrend, compressing after NFP leg · RSI 37 · price 1.33513

Lower highs above the NFP low, tight late-NY range.

The NFP beat (165K vs 65K) took cable from 1.3404 to an nfp low of 1.3342. The rebound was rejected near the 61.8% of the drop at 1.3377, followed by a lower high at 1.3374. Late NY has compressed into a 1.3346–1.3357 range, with the late low holding just above the post-NFP trough and RSI(14) subdued near 37.

Support: 1.3346, 1.3342

Resistance: 1.3357, 1.3374, 1.3400

What it said to watch

  • M15 close below the nfp low at 1.3342 extends the post-NFP leg
  • Close above the 1.3357 range top, then the 1.3374 lower high, breaks the post-NFP lower-high trendline
  • 1.3400 round number caps above as the former breakdown level
  • Friday close liquidity is thin; Bailey on Mon 17:25 UTC could materially shift this read

20:01 UTC

Downtrend, momentum stalling near lows · RSI 36 · price 1.3350

Lower highs since NFP, tight late-NY range above the lows.

Cable has slid from the 1.3463 Asian high through London. The NFP beat (165K vs 65K) extended the move to the 1.3342 NFP low before a bounce stalled at 1.3377 between the 50% and 61.8% fib, and a second lower high followed at 1.3374. Since the 17:45 UTC drop after London close, price has been boxed between the 1.3346 late NY low and a 1.3357 range top, with RSI(14) near 36 and no oversold extreme.

Support: 1.3346, 1.3342

Resistance: 1.3357, 1.3377, 1.3400

What it said to watch

  • M15 close below the 1.3346 late NY low and 1.3342 NFP low extends the post-NFP lower-low sequence
  • Close above the 1.3357 range top and the lower-high trendline toward the 1.3377 bounce high would break the post-NFP lower-high chain
  • 1.3400 psych level is the broken support that pushed cable into the post-NFP leg; a reclaim would undo the breakdown
  • Thin late-Friday NY liquidity; Bailey speaks Mon 17:25 UTC and US CPI is due Tue 13:30 UTC, either of which could shift this read

19:46 UTC

Downtrend, late-NY compression · RSI 38 · price 1.3352

Lower highs after the NFP low; tight 1.3350–1.3357 range into Friday close.

GBP/USD bled from the 1.3463 Asia high, lost the 1.3400 round number at London open, then broke the 1.3381 London low on the 165K NFP beat to print a 1.3342 NFP low. The rebound stalled at 1.3374 near the 61.8% of the NFP leg fib, a lower high beneath that line. Late NY is compressing above the 1.3350 late ny low after the 17:45 UTC drop, with RSI(14) near 38 and price below both EMAs.

Support: 1.3350, 1.3342

Resistance: 1.3374, 1.3381, 1.3400

What it said to watch

  • M15 close below the 1.3350 late ny low exposes the 1.3342 NFP low
  • A close above the 1.3374 lower high breaks the lower-highs line; the 1.3381 London low sits just above it
  • Thin late-NY trade into the weekend close; Bailey speech Mon 17:25 UTC could shift the read on reopen

19:31 UTC

Downtrend, compressing into the late NY session · RSI 40 · price 1.33524

Lower highs after the NFP low; tight 1.3350–1.3357 base.

London broke below the 1.3425–1.3463 Asian range. The blowout NFP beat then extended the slide to the nfp low at 1.3342. The rebound was rejected at 1.3377 near the 61.8% fib, and a lower high at 1.3374 preceded the drop to the 1.3350 ny base, where price is coiling below the 1.3357 range top late in the Friday NY session.

Support: 1.3350, 1.33421

Resistance: 1.3357, 1.33774, 1.33812

What it said to watch

  • M15 close below the 1.3350 ny base exposes the 1.3342 nfp low
  • Reclaim of the 1.3377 lower high breaks the post-NFP lower-high sequence; the london low at 1.3381 sits just above
  • Thin Friday-close liquidity and weekend gap risk ahead of Bailey's speech Mon 17:25 UTC could materially shift this read

19:16 UTC

Downtrend, compressing late NY · RSI 43 · price 1.33549

Lower highs after the NFP drop, holding above the swing low.

London broke below the Asian range at 1.3420, and the 165K NFP beat then cut through the London low at 1.3381 to 1.3342 (NFP low). The bounce stalled near 1.3377 and showed rejection at a lower high of 1.3373-1.3377 during NY hours. The 17:45 UTC leg down set a swing low at 1.3350, and price is now compressing in a 7-pip band above it into the late-NY close.

Support: 1.3350, 1.33421

Resistance: 1.33735, 1.33812, 1.3400

What it said to watch

  • M15 close above the 1.3373 lower high breaks the post-NFP lower-high sequence and puts the London low at 1.3381 back in focus
  • Failure to hold the 1.3350 swing low reopens the 1.3342 NFP low
  • Bounces stalling below the 61.8% of the NFP drop fib (≈1.3380) keep the downtrend structure intact
  • 1.3400 round number caps any squeeze; thin liquidity into the weekly close can distort late prints
  • BoE's Bailey (Mon 17:25 UTC) could materially shift the read once trading resumes

19:01 UTC

Downtrend, post-NFP consolidation · RSI 42 · price 1.33562

Lower highs and lower lows inside the 1.3342–1.3377 post-NFP range.

The blowout US NFP (165K vs 65K) broke GBPUSD through 1.3400 to an nfp low at 1.3342. The rebound stalled at the post-nfp hi at 1.3377, near the 61.8% of the nfp drop fib, and lower highs since then have capped price. Late NY trade is drifting just above the 1.3350 swing low, below both EMAs, with RSI(14) at 42 and ATR(14) near 8.5 pips.

Support: 1.3350, 1.33421

Resistance: 1.33774, 1.3400

What it said to watch

  • Failure to hold the 1.3350 swing low exposes the 1.3342 nfp low
  • M15 close above the 1.3377 post-nfp hi breaks the lower highs sequence and points back toward the 1.3400 round number
  • Weekend close then BoE Bailey (Mon 17:25 UTC) could gap or reset this read

18:46 UTC

Downtrend, post-NFP range · RSI 39 · price 1.33564

Lower highs since the NFP low, holding a 1.3342–1.3377 band.

London broke below the Asian range from the open. The NFP beat then extended the slide to the 1.3342 nfp low. The bounce stalled just past the 50% fib at 1.3377, and the 1.3374 lower high has kept the pullback in check. Late NY after London close, price is sitting on the 1.3350 swing low, below both EMAs with RSI(14) near 39.

Support: 1.3350, 1.33421

Resistance: 1.33735, 1.33812, 1.3400

What it said to watch

  • Failure to hold the 1.3350 swing low exposes the 1.3342 nfp low
  • M15 close above the 1.3374 lower high breaks the descending trendline and brings the 1.3381 london low into play
  • Reclaim of the 1.3381 london low reopens the 1.3400 round number broken on NFP
  • Thin pre-weekend liquidity; Fed speakers and Bailey on Monday are the next scheduled risk

18:31 UTC

Downtrend, post-NFP lower highs · RSI 36 · price 1.33511

Lower highs below 1.3400, pressing the late NY low.

Asia drifted lower from 1.3463, and London broke the 1.3400 psych level. The blowout NFP (165K vs 65K) then cut through the 1.3381 London low to a 1.3342 NFP low. The bounce stalled near the 61.8% of the NFP drop fib, and a second lower high at 1.3374 has price back on the 1.3350 late NY low into the weekly close.

Support: 1.3350, 1.3342

Resistance: 1.3374, 1.3381, 1.3400

What it said to watch

  • M15 close below the 1.3342 nfp low extends the post-NFP downtrend
  • Recovery above the 1.3374 lower high breaks the lower-highs sequence and brings the 1.3381 london low into play
  • 1.3400 psych remains the broken level capping any rebound
  • Thin late-Friday liquidity; Bailey speech Mon 17:25 UTC is the next GBP event risk

18:16 UTC

Downtrend, post-NFP rebound faded · RSI 43 · price 1.33531

Lower highs below 1.3377, price back near the 1.3350 intraday low.

London broke below the 1.3425–1.3463 Asian range, and the 165K NFP beat extended the slide to the 1.3342 nfp low. The rebound stalled between the 50% and 61.8% fib at the 1.3377 post-nfp high, and lower highs near 1.3374 have since pushed price back to the 1.3350 intraday low in late NY hours.

Support: 1.3350, 1.3342

Resistance: 1.3374, 1.3377, 1.3400

What it said to watch

  • Failure to hold the 1.3350 intraday low exposes the 1.3342 nfp low; a break there extends the lower-low chain
  • M15 close above the 1.3374–1.3377 lower highs negates the post-NFP lower-high sequence
  • 1.3400 round number caps any deeper retracement of the NFP leg
  • Thin liquidity into the Friday close; BoE Bailey speaks Mon 17:25 UTC

18:02 UTC

Downtrend, post-NFP bounce fading · RSI 34 · price 1.33521

Lower highs at 1.3377/1.3374 inside 1.3342–1.3377 post-NFP range.

London broke below the Asian range, and the NFP beat (165K vs 65K) extended the slide 62 pips from the 1.3404 pre-release high to the 1.3342 nfp low in the first hour of NY. The rebound was rejected between the 50% and 61.8% retracement. A second lower high at 1.3374 has given way to a drop through the 1.3356 broken low, leaving price pressing the 1.3350 round number late in NY with RSI(14) at 34.

Support: 1.3350, 1.3342

Resistance: 1.3356, 1.3374, 1.3400

What it said to watch

  • M15 close back above the 1.3374 lower high and the lower-high trendline would break the sequence of lower highs
  • Failure to hold 1.3342 nfp low extends the post-NFP leg to a fresh session low
  • Reclaiming the 1.3356 broken low puts price back mid-range
  • Fed's Daly speaking at 18:00 UTC could jolt thin late-Friday liquidity
  • 1.3400 psych remains the ceiling of the NFP breakdown

17:46 UTC

Downtrend, post-NFP rebound stalling · RSI 42 · price 1.33633

Tight range under lower highs after NFP low.

The NFP beat (165K vs 65K) broke the London low at 1.3381 and drove GBPUSD to the 1.3342 NFP low. The rebound stalled at the 1.3377 rebound high, between the 50% and 61.8% retrace of the NFP drop. Late NY is coiling between the 1.3356 higher low and a lower-highs line near 1.3373, with RSI(14) near 42 and price under both EMAs.

Support: 1.33563, 1.33421

Resistance: 1.33774, 1.33812, 1.3400

What it said to watch

  • M15 close above the 1.3377 rebound high and the lower-highs line puts the 1.3381 london low and the 1.3400 round number in play
  • Failure to hold the 1.3356 higher low exposes the 1.3342 nfp low
  • Fed's Daly at 18:00 UTC could jolt a thin late-NY tape into the weekend close

17:31 UTC

Downtrend, post-NFP rebound stalling · RSI 45 · price 1.33685

Post-NFP coil: lower highs above a higher low.

The US NFP beat (165K vs 65K) drove a 47-pip flush from 1.3389 to the nfp low at 1.3342. The rebound high at 1.3377 stalled at the 50% fib, and late NY trade is now coiling between lower highs and a higher low at 1.3356, with RSI(14) neutral near 45 and price just under EMA20.

Support: 1.33563, 1.33421

Resistance: 1.33774, 1.33812, 1.3400

What it said to watch

  • M15 close above the rebound high at 1.3377 breaks the lower-high sequence and exposes the london low at 1.3381, then the 1.3400 round number
  • Failure to hold the higher low at 1.3356 reopens the nfp low at 1.3342
  • Fed's Daly at 18:00 UTC, after Bowman, could shift this read in thin post-London trade into the weekend

17:16 UTC

Downtrend, late-NY rebound stalling · RSI 48 · price 1.33694

Post-NFP higher low inside 1.3356–1.3377 range.

London broke below the Asian range and the 1.3400 handle. The 165K NFP beat then drove a 62-pip leg from the 1.3404 pre-NFP high to the 1.3342 NFP low. The late-NY bounce has printed a higher low at 1.3356 but is capped under the 1.3377 post-NFP high, just shy of the 61.8% retrace and below the broken 1.3381 London low.

Support: 1.33563, 1.33421

Resistance: 1.33774, 1.33812, 1.34041

What it said to watch

  • M15 close above the 1.3377 post-NFP high and 1.3381 London low opens the path back to the 1.3404 pre-NFP high
  • Loss of the 1.3356 higher low breaks the rising support and puts the 1.3342 NFP low back in play
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) on a December hike could jolt thin late-Friday liquidity

17:01 UTC

Downtrend, post-NFP rebound stalling · RSI 51 · price 1.33708

Lower highs from Asia; NFP low 1.3342, higher low at 1.3356.

The US NFP beat (165K vs 65K) broke the London low at 1.3381 and ran to an NFP low of 1.3342. The rebound stalled at a post-NFP high of 1.3377, inside the 50–61.8% retrace of the NFP leg fib, with the descending trendline from the Asia high capping near the London low. Late in the NY session, price is pressing the 1.3370s off a higher low at 1.3356, with RSI(14) neutral near 51 and price sitting on EMA20.

Support: 1.33563, 1.33421

Resistance: 1.33774, 1.33812, 1.3400

What it said to watch

  • M15 close above the post-NFP high at 1.3377 and the London low at 1.3381 breaks the descending trendline and opens the 1.3400 round number
  • Failure to hold the higher low at 1.3356 reopens the NFP low at 1.3342
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) could move USD in thin late-NY trade

16:31 UTC

Downtrend, post-NFP consolidation · RSI 40 · price 1.33634

Lower highs from 1.3404; post-NFP range 1.3342–1.3377 with a higher low.

London broke the Asian range low near 1.3414, and the blowout NFP (165K vs 65K) extended the slide through the 1.3381 london low to the 1.3342 nfp low. After London close the pair is consolidating 1.3342–1.3377. The bounce high stalled between the 50% and 61.8% retrace of the NFP drop fib, a higher low has formed at 1.3356, and RSI(14) is near 40.

Support: 1.33563, 1.33421

Resistance: 1.33774, 1.33812, 1.34041

What it said to watch

  • M15 close above the 1.3377 bounce high and 1.3381 london low would retest the 1.3404 pre-nfp high
  • Failure to hold the 1.3356 higher low exposes the 1.3342 nfp low; a break below it resumes the downtrend
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) on a December hike could materially shift this read

16:16 UTC

Downtrend, post-NFP bounce stalling · RSI 40 · price 1.33634

Lower highs; London low broken on NFP, bounce rejected below it.

The 165K NFP beat broke the 1.3381 London low and drove GBPUSD to an nfp low at 1.3342. The rebound stalled at the 1.3377 bounce high, between the 50% and 61.8% nfp drop fib, and was rejected beneath the broken London low. Price now sits just above a 1.3356 higher low in the NY afternoon after London close, with RSI(14) near 40.

Support: 1.3356, 1.3342

Resistance: 1.3377, 1.3381, 1.3404

What it said to watch

  • M15 close back above the 1.3377 bounce high and the 1.3381 london low would undo the rejection read and put the 1.3404 swing high in play
  • Failure to hold the 1.3356 higher low reopens the 1.3342 nfp low
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) on a December hike could extend or unwind the NFP move

16:01 UTC

Downtrend, post-NFP bounce fading · RSI 35 · price 1.33603

Lower highs since Asia; NFP leg low 1.3342, bounce capped below broken London low.

The 165K NFP beat broke the London low at 1.3381 and ran price to an NFP low of 1.3342. The NY bounce retraced about 57% of the NFP leg before rejection at the 1.3377 bounce high, just under the broken level, and is now fading toward the 1.3356 pullback low. The Asian range broke lower at London open, the lower-highs trendline is intact, and price sits below both EMAs with RSI(14) near 35.

Support: 1.3356, 1.3342

Resistance: 1.3377, 1.3381, 1.3404

What it said to watch

  • Failure to hold the 1.3356 pullback low exposes the 1.3342 NFP low
  • M15 close back above the 1.3381 london low / 1.3377 bounce high negates the rejection read; the 1.3404 pre-NFP high caps the lower-high chain
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) could materially shift this read after London close

15:46 UTC

Downtrend, corrective bounce stalling · RSI 36 · price 1.33666

Lower highs and lows since Asia; post-NFP bounce capped below broken london low.

The blowout NFP beat (165K vs 65K) knocked GBPUSD through the london low at 1.3381 to an nfp low of 1.3342, extending a slide that has run since the Asian range broke lower. The NY session bounce retested the broken london low but was rejected at a 1.3377 bounce high, inside the 50–61.8% fib zone, and price is back near the 38.2% at 1.3366.

Support: 1.3356, 1.3342

Resistance: 1.3377, 1.3381, 1.3404

What it said to watch

  • Failure to hold the 1.3356 higher low exposes the 1.3342 nfp low
  • M15 close back above the 1.3381 london low breaks the lower-high sequence
  • Swing high at 1.3404 caps any extended bounce
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) could materially shift this read after London close

15:31 UTC

Downtrend, NY-session bounce stalling · RSI 41 · price 1.33728

Lower highs from London; post-NFP low at 1.3342, rebound capped near EMA20.

The 165K NFP beat extended the London slide, breaking the 1.3381 london low and setting an nfp low at 1.3342. The NY-session rebound has stalled at the 1.3377 rebound high, right at the 61.8% retrace and EMA20, with the 1.3356 pullback low marking the first higher low.

Support: 1.3356, 1.3342

Resistance: 1.3377, 1.3381, 1.3404

What it said to watch

  • M15 close above the 1.3381 london low would reclaim the broken level and open the 1.3404 pre-nfp high
  • Break below the 1.3356 pullback low exposes the 1.3342 nfp low and resumes the lower-low sequence
  • Rejection at the rebound high and 61.8% retrace keeps the post-NFP bounce corrective
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) could materially shift this read as London closes

15:16 UTC

Downtrend, corrective NY bounce · RSI 41 · price 1.33729

Lower highs and lows; Asian range lost at London open, NFP leg retracing.

Cable broke below the Asian range at London open, and the 165K NFP beat then took out the 1.3381 london low to an nfp low at 1.3342. A 30-pip NY bounce has printed a higher low at 1.3356 and is now testing the 50% retrace of the nfp leg near 1.3373, still below EMA20 with RSI(14) near 41.

Support: 1.3356, 1.3342

Resistance: 1.3381, 1.3404

What it said to watch

  • M15 close back above the 1.3381 london low would neutralise the post-NFP break
  • Rejection at the 50% retrace and a break of the 1.3356 higher low reopens the 1.3342 nfp low
  • The 1.3404 pre-nfp high caps the London–NY range above
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) could extend or unwind the USD move

15:01 UTC

Downtrend, oversold bounce stalling · RSI 33 · price 1.33589

Lower highs from Asia open; NFP leg broke the London low, bounce capped at 38.2% retrace.

The 165K NFP beat took GBPUSD through the 1.3381 london low to an nfp low of 1.3342 in the first hour of NY, extending a session of lower highs that began at the Asia open. The rebound stalled at 1.3367, the 38.2% fib of the 1.3404 pre-nfp high to nfp low leg, with RSI(14) back near 33 from deeper oversold readings.

Support: 1.33421

Resistance: 1.33671, 1.3381, 1.34041

What it said to watch

  • M15 close above the 1.3367 38.2% fib exposes the 1.3381 london low as resistance
  • Loss of the 1.3342 nfp low resumes the lower-low sequence
  • Reclaiming the 1.3404 pre-nfp high would break the Asia-open descending line and the downtrend read
  • UoM sentiment and inflation expectations at 15:00 UTC, Fed's Bowman at 17:15 UTC, and London close at 16:00 UTC could shift the bounce

14:46 UTC

Downtrend, post-NFP bounce underway · RSI 31 · price 1.33613

Lower highs and lower lows since London; NFP leg made a fresh low at 1.3342.

London broke below the Asian range low near 1.3414, and Pill's 'hold or even cut' remarks extended the slide to the 1.3381 London low. The 165K NFP beat then pushed the pair through that level to an nfp low at 1.3342. The NY bounce has stalled at the 1.3366 rebound high, around the 38.2% retrace, and remains below the falling lower-highs line.

Support: 1.3342, 1.3300

Resistance: 1.3366, 1.3381, 1.3404

What it said to watch

  • UoM sentiment and inflation expectations at 15:00 UTC could materially shift this read
  • A close back above the 1.3381 london low would stall the post-NFP downtrend
  • Failure at the 1.3366 rebound high followed by a break of the 1.3342 nfp low confirms another lower low, with the 1.3300 round number below
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) in late NY hours
  • Lower-highs line and the 1.3404 pre-nfp high cap any deeper recovery

14:31 UTC

Downtrend, extended after NFP · RSI 19 · price 1.33451

Lower highs and lower lows; post-NFP break of the London range low.

The Asian range of 1.3420–1.3463 gave way at the London open, and Pill's 'hold or even cut' remarks extended the slide to the 1.3381 pre-NFP low. The 165K NFP beat (vs 65K forecast) then broke that floor, and the NY session has printed a 1.3342 session low. RSI(14) sits near 19, deep oversold, and ATR(14) has expanded to about 10 pips.

Support: 1.3342, 1.3300

Resistance: 1.3381, 1.3390, 1.3404

What it said to watch

  • Reclaim of the 1.3381 pre-NFP low and the 1.3390 Pill low would mark the NFP breakout as stalling
  • An M15 close below the 1.3342 session low extends the lower-low chain toward the 1.3300 round number
  • The 50–61.8% retrace of the NFP leg sits around 1.3373–1.3380, an area to watch for rejection below the 1.3404 pre-NFP high
  • UoM sentiment and inflation expectations at 15:00 UTC, then Fed's Bowman (17:15) and Daly (18:00), could materially shift this read

14:16 UTC

Downtrend, accelerating after NFP · RSI 21 · price 1.33457

Lower highs from the Asian high; London range floor broken in the first hour of NY.

The NFP beat (165K vs 65K, hot wages) broke the 1.3381–1.3404 London range, and the 1.3381 london low gave way in the first hour of NY. The move printed an nfp low at 1.3346, extending the lower-high chain from the 1.3463 Asian high along the lh trendline. RSI(14) near 21 is stretched, and the former london low sits at the 61.8% retrace of the nfp leg from the 1.3404 pre-nfp high.

Support: 1.33457, 1.3300

Resistance: 1.33813, 1.34041

What it said to watch

  • M15 close back above the 1.3381 london low (61.8% of the nfp leg) would negate the range break
  • Failure to hold the 1.3346 nfp low leaves the 1.3300 round number exposed
  • Reclaim of the 1.3404 pre-nfp high and the lh trendline would break the lower-high sequence
  • UoM sentiment and inflation expectations at 15:00 UTC could extend or fade the NFP move
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) later in NY hours could shift this read

14:01 UTC

Downtrend, oversold after NFP flush · RSI 24 · price 1.33572

Lower highs and lower lows since Asia; 1.3381 double low broken on NFP.

The 13:30 GMT NFP release broke the 1.3381 prior lows that held through London, and a broad USD bid extended the slide to a fresh session low at 1.3357. RSI(14) is near 24. Lower highs at 1.3410 and 1.3404 define a descending trendline, while the Asian range and London both sold off from 1.3463.

Support: 1.33567, 1.3350

Resistance: 1.33812, 1.34041

What it said to watch

  • A recovery back above the 1.3381 prior lows would turn the NFP break into a false break. The 50% level of the NFP leg fib also sits there.
  • An M15 close below the 1.3350 round number extends the lower-low sequence from the session low.
  • A break above the 1.3404 lower high and the descending trendline invalidates the intraday downtrend read.
  • UoM sentiment and inflation expectations at 15:00 GMT, then Fed's Bowman at 17:15 GMT, could shift the read during NY hours.

13:31 UTC

Downtrend, NFP spike wicked back · RSI 41 · price 1.3380

Lower highs since 1.3486; NFP bar swept the London low and snapped back.

GBP/USD has bled lower since Thursday's 1.3486 NY high, with the post-BoE fade and a haven USD bid behind it. The Asian low at 1.3414 gave way into London open, and the midday bounce stalled at a lower high of 1.3404. The NFP bar then spiked to 1.3362 before snapping back to 1.3380, right on the London low.

Support: 1.3381, 1.3362

Resistance: 1.3404, 1.3414

What it said to watch

  • M15 close back above the 1.3404 lower high breaks the lower-high chain and puts the 1.3414 asian low in focus
  • Failure to hold the 1.3381 london low after the NFP wick re-exposes the 1.3362 nfp low
  • NFP detail (AHE, unemployment) and UoM sentiment at 15:00 GMT could extend or reverse the first reaction
  • Downtrend line from the Asian high caps rallies while intact

13:16 UTC

Downtrend, stalling above session low · RSI 44 · price 1.3386

Lower highs from 1.3486; 1.3381–1.3404 box since mid-London.

London open broke the Asian low at 1.3420 and extended the slide from yesterday's NY high at 1.3486, with haven USD demand into NFP behind the move. Price has since held a 1.3381–1.3404 box. The session low at 1.3381 was retested at 13:00 GMT, and the lower highs remain intact.

Support: 1.3381

Resistance: 1.3404, 1.3420

What it said to watch

  • US NFP at 13:30 GMT (f/c 65K) lands within minutes and could materially shift this read
  • M15 close below the 1.3381 session low extends the lower-low chain
  • Close above the 1.3404 swing high breaks the lower highs sequence and brings the 1.3420 Asian low back into view

13:01 UTC

Downtrend, lower highs intact · RSI 33 · price 1.33856

Lower highs and lower lows since the Asian high, retesting the session low.

London broke the Asian low at 1.3420 and extended to a 1.3381 session low as haven USD demand persisted. The late-morning bounce stalled at the 1.3404 swing high near 1.3400, keeping the lower highs intact. Price is back testing the session low into the London-NY transition, with RSI(14) near 33 and not yet oversold.

Support: 1.3381

Resistance: 1.3404, 1.3420

What it said to watch

  • US NFP at 13:30 GMT (f/c 65K) could materially shift this read
  • M15 close below the 1.3381 session low extends the lower-low sequence
  • Close above the 1.3404 swing high breaks the lower highs and puts the 1.3420 Asian low back in play, near the fib 50% of the Asia-London leg

12:31 UTC

Downtrend, pausing in a shallow rebound · RSI 55 · price 1.33997

Lower highs through Asia and London, small higher low off the session low.

The Asia-session slide from 1.3463 carried through London to a session low at 1.3381 as safe-haven USD demand held into NFP. The rebound since has printed a higher low at 1.3395 but is stalling at the 1.3400–1.3404 rebound high, right at the 23.6% fib of the drop.

Support: 1.3395, 1.3381

Resistance: 1.3404, 1.3414

What it said to watch

  • M15 close above the 1.3404 rebound high (23.6% fib) opens the path to the 1.3414 asian low
  • Break of the 1.3395 higher low and the rebound line puts the 1.3381 session low back in play
  • US NFP at 13:30 GMT (f/c 65K, prior 29K) could materially shift this read

12:16 UTC

Downtrend, corrective bounce off session low · RSI 55 · price 1.3400

Lower highs from the Asian high; first higher low at 1.3395 after the 1.3381 session low.

The selloff from the 1.3463 Asian high ran through London to a 1.3381 session low as the USD caught a safe-haven bid. Price has since recovered to 1.3400 and printed a higher low at 1.3395. The bounce is capped near 1.3403, under the London open high at 1.3410 and the 1.3414 Asian low, which sits near the 38.2% fib.

Support: 1.33948, 1.33812

Resistance: 1.34026, 1.34101, 1.34139

What it said to watch

  • US NFP at 13:30 GMT (f/c 65K, prev 29K) could materially shift this read
  • M15 close above 1.3414 (asian low, 38.2% fib) breaks the lower-high sequence
  • Loss of the 1.3395 higher low reopens the 1.3381 session low
  • Close below 1.3381 extends the downtrend to fresh lows

12:01 UTC

Downtrend, pausing above session low · RSI 45 · price 1.33957

Lower highs from Asian high; Asian range broken lower at London open.

London broke below the Asian low at 1.3414 and printed a session low at 1.3381 as firm USD demand ahead of NFP weighed on cable. The late-London bounce stalled at the 1.3403 bounce high, near the 23.6% retrace of the Asian high–session low fib, and price now sits just under 1.3400 and EMA20 with RSI(14) mid-range at ~45.

Support: 1.33943, 1.33812

Resistance: 1.34026, 1.34139

What it said to watch

  • US NFP at 13:30 GMT (f/c 65K, prior 29K) could materially shift this read during the first hour of NY
  • Loss of the 1.3394 micro low exposes the 1.3381 session low; a break there extends the lower-low sequence
  • M15 close above the 1.3403 bounce high reopens the 1.3414 Asian low; a hold back above it invalidates the breakdown read

11:47 UTC

Downtrend, London bounce in progress · RSI 44 · price 1.34014

Lower highs from Asia open; higher lows since the 1.3381 session low.

Cable ground lower through the Asian range and broke its 1.3420 asian low into the London open, then printed a 1.3381 session low on firm safe-haven USD. A rebound off that low has produced higher lows back to psych 1.3400 and the 23.6% retrace of the Asia-London drop. Price is holding just above EMA20 but remains below the 1.3410 london high, below EMA50, and below the broken asian low.

Support: 1.3400, 1.33812

Resistance: 1.34101, 1.34201

What it said to watch

  • M15 close above the 1.3410 london high puts the 1.3420 asian low and the 38.2% retrace near 1.3413 in play
  • Loss of psych 1.3400 and the rebound line returns focus to the 1.3381 session low
  • US NFP at 13:30 GMT (f/c 65K, prior 29K) could materially shift this read

11:32 UTC

Downtrend, late-London bounce · RSI 44 · price 1.3401

Lower highs from 1.3486; higher lows off 1.3381.

Cable sold off from Thursday's post-BoE 1.3486 high, through the Asia session and below the 1.3425 asia shelf at London open, as the USD haven bid carried price to a 1.3381 session low. Late in London, price has bounced to 1.3400 on a run of small higher lows. That puts it at the 23.6% retracement of the Asia-high move, just under the 1.3410 lower high.

Support: 1.3389, 1.3381

Resistance: 1.3410, 1.3416, 1.3425

What it said to watch

  • US NFP at 13:30 GMT (~2h) could materially shift this read
  • M15 close above the 1.3416 london open level breaks the lower-high sequence; the 1.3425 asia shelf (near the 50% fib) sits above
  • Failure to hold the 1.3389 higher low exposes the 1.3381 session low and resumes the downtrend

11:16 UTC

Downtrend, bouncing off session low · RSI 43 · price 1.33952

Lower highs below Asian range; London broke range low.

London opened with a break below the Asian range (asian low 1.3420), extending the slide from 1.3486 to a 1.3381 session low as the haven USD bid held. A 14-pip bounce is now pressing the 1.3400 round number and the falling trendline from the Asian high, with RSI(14) near 43 and price still under EMA20.

Support: 1.33812

Resistance: 1.3400, 1.34101, 1.34201

What it said to watch

  • M15 close above the 1.3410 lower high breaks the lower-high chain
  • Failure to hold the 1.3381 session low resumes the London downtrend
  • Reclaiming the asian low at 1.3420 would mark the range break as a false break
  • US NFP at 13:30 GMT (f/c 65K) could materially shift this read

11:01 UTC

Downtrend, late-London bounce off session low · RSI 42 · price 1.33943

Lower highs and lower lows from the 1.3463 Asia high; Asian range broken lower in London.

Cable has printed lower highs since the 1.3463 Asia high. London broke the 1.3414 Asian low and extended to a 1.3381 session low as haven USD demand held into NFP. The late-London bounce has poked above the London trendline but sits under the 1.3400 round number, which roughly lines up with the 23.6% fib of the Asia-London drop, and the 1.3410 swing high.

Support: 1.33812

Resistance: 1.3400, 1.34101, 1.34139

What it said to watch

  • US NFP at 13:30 GMT (~2.5h, f/c 65K) could materially shift this read
  • M15 close back below the 1.3381 session low resumes the lower-low sequence
  • Reclaiming the 1.3410 swing high and 1.3414 asian low breaks the lower-high chain; the 38.2% fib sits at 1.3413

10:46 UTC

Downtrend, small bounce off session low · RSI 37 · price 1.33903

Lower highs and lower lows below the broken Asian range.

London opened by breaking the Asian low at 1.3420 and the 1.3400 psych level, extending to a 1.3381 session low as risk-off USD demand built ahead of NFP. Rallies have stalled at a lower high of 1.3410 and under the descending trendline. RSI(14) sits near 37, and the latest bar is bouncing back toward 1.3400.

Support: 1.3381

Resistance: 1.3400, 1.3410, 1.3420

What it said to watch

  • An M15 close back above the 1.3400 psych level and the descending trendline would stall the lower-high sequence and bring the 1.3410 lower high into focus.
  • Failure to hold the 1.3381 session low extends the London leg lower.
  • Reclaiming the 1.3420 Asian low would neutralise the range break.
  • US NFP at 13:30 GMT (f/c 65K, prev 29K), released alongside AHE, could materially shift this read.

10:01 UTC

Downtrend, extended into oversold · RSI 23 · price 1.3386

LH/LL chain below the broken Asian range.

Cable broke the Asian low at 1.3414 at London open and has ground out lower highs and lower lows since, printing a new session low at 1.3384 as haven USD demand runs into NFP. RSI(14) near 23 is oversold, but the descending trendline from the 1.3463 Asian high is intact and every bounce has capped below the prior lower high.

Support: 1.3384, 1.3350

Resistance: 1.3394, 1.3410, 1.3425

What it said to watch

  • US NFP at 13:30 GMT (f/c 65K) could materially shift this read
  • M15 close above the 1.3394 lower high breaks the LH chain; above the 1.3410 swing high reclaims the London bounce
  • Close back above the 1.3425 prior pivot would put price back inside the broken Asian range
  • Failure to hold the 1.3384 session low extends the LL sequence toward the 1.3350 round number

09:46 UTC

Downtrend, oversold but not yet basing · RSI 23 · price 1.3391

Lower highs and lower lows since the Asia open; Asian range broken to the downside.

Asia ground lower through the session and broke the Asian low near 1.3420 into the London open. The USD haven bid extended the post-BoE fade from 1.3486. London has capped at a lower high of 1.3410 and printed a session low at 1.3386, with RSI(14) near 23 and price pinned under the 1.3400 round number.

Support: 1.3386

Resistance: 1.3400, 1.3410, 1.3420

What it said to watch

  • M15 close back above the 1.3410 lower high breaks the London lower-high chain
  • Reclaim of the 1.3420 asian low, near the 38.2% retrace of the post-BoE fade at ~1.3424, negates the range break read
  • Failure to hold the 1.3386 session low extends the lower-low sequence
  • US NFP at 13:30 GMT (f/c 65K, prev 29K) could materially shift this read

09:31 UTC

Downtrend, oversold · RSI 22 · price 1.3389

Lower highs and lower lows from Asia into London.

Cable has ground lower from the 1.3463 high at the start of Asia. London opened with a break of the 1.3400 round number, and price has printed a session low at 1.3387 as haven USD demand builds into NFP. Lower highs at the 1.3410 swing high and 1.3394 frame the selloff, and RSI(14) near 22 is stretched.

Support: 1.33868

Resistance: 1.33944, 1.3400, 1.34101

What it said to watch

  • M15 close back above the 1.3400 round number and the 1.3410 swing high breaks the lower-highs sequence
  • Failure to hold the 1.3387 session low extends the lower-low chain
  • Fed Williams at 09:30 GMT and US NFP at 13:30 GMT (f/c 65K, prior 29K) could materially shift this read

09:16 UTC

Downtrend, stretched into oversold · RSI 27 · price 1.33932

Lower highs and lower lows since the 1.3486 post-BoE high; London extending below Asian low.

Cable has slid steadily from the 1.3486 high printed after the BoE hike. The decline ran through the Asia session and extended at London open below the Asian low at 1.3414 and the 1.3400 round number, to a session low at 1.3389, as USD haven demand and pre-NFP positioning lifted the dollar. The London bounce stalled at a 1.3410 lower high, and RSI(14) sits near 27.

Support: 1.33888, 1.3350

Resistance: 1.3400, 1.34101, 1.34139

What it said to watch

  • M15 close back above the 1.3410 lower high breaks the lower-high chain and the trendline
  • Failure to hold the 1.3389 session low extends the lower-low sequence toward the 1.3350 round number
  • Reclaim of the 1.3400 round number and the 1.3414 Asian low would mark the London break as a false break
  • Fed Williams at 09:30 GMT and US NFP at 13:30 GMT (f/c 65K) could materially shift this read

08:46 UTC

Downtrend, oversold but intact · RSI 24 · price 1.33955

Lower highs from the 1.3463 Asian high, Asian range broken lower at London open.

Cable broke the 1.3420 Asian low (the 200-DMA zone flagged in the digest) in the first hour of London and tested a 1.3394 session low twice as USD firmed into NFP. The 1.3410 bounce high was capped at the descending trendline, and price sits just below the 1.3400 round number with RSI(14) near 24, stretched but not extreme.

Support: 1.33942

Resistance: 1.3400, 1.34101, 1.3420

What it said to watch

  • Failure to hold the 1.3394 session low extends the lower-low chain
  • M15 close above the 1.3410 bounce high breaks the descending trendline
  • Reclaim of the 1.3420 Asian low marks the London range break as a false break
  • Fed Williams at 09:30 GMT and US NFP at 13:30 GMT (f/c 65K) could materially shift this read

08:31 UTC

Downtrend, lower highs since Asia · RSI 27 · price 1.33996

Asian range broken lower at London open; LL/LH chain intact.

Asia ground lower in a lower-highs sequence, then London open broke the Asian low at 1.3420 and printed a session low at 1.3395 as USD firmed into NFP. The bounce stalled at the 1.3410 bounce high and price is pinned at the 1.3400 psych, RSI(14) near 27.

Support: 1.33946

Resistance: 1.3400, 1.34101, 1.3420

What it said to watch

  • M15 close back above the 1.3420 asian low would mark the London break as a false break
  • Failure to hold the 1.3395 session low extends the lower-low chain
  • A retrace of the 1.3486–1.3395 drop that stalls below the fib 38.2% (~1.3430) keeps the downtrend structure intact
  • Fed's Williams at 09:30 GMT and US NFP at 13:30 GMT (f/c 65K) could materially shift this read

08:02 UTC

Downtrend, deeply oversold · RSI 18 · price 1.33984

Lower highs since 1.3486; London broke below Asian range low.

The post-BoE spike to 1.3486 has fully unwound as USD firmed. The overnight lower-highs sequence carried into London open, which cut through the Asian range low and the 1.3420 200-dma to a 1.3395 session low. RSI(14) near 18 is deeply oversold, with price pinned just under the 1.3400 round number and ATR around 6 pips.

Support: 1.33946

Resistance: 1.3400, 1.3420, 1.34335

What it said to watch

  • Reclaim of the 1.3400 round number and the 1.3420 200-dma would turn the London break into a false break
  • M15 close above the 1.3434 lower high, which sits near the 38.2% fib of 1.3486-1.3395, ends the lower-highs sequence
  • Failure to hold the 1.3395 session low extends the lower-low chain
  • US NFP at 13:30 GMT (f/c 65K, prev 29K) could materially shift this read

07:46 UTC

Downtrend, extended into London open · RSI 19 · price 1.33984

Lower highs since 1.3486; Asian range low broken at London open.

London open broke the Asian low at 1.3420 and the 1.3400 psych level, printing a session low at 1.3395 and extending the lower-high slide from yesterday's 1.3486 high as GBP faded the BoE hike on a firmer USD. RSI(14) near 19 is deeply oversold after a roughly 90-pip leg, with the 38.2% fib of the drop at about 1.3430.

Support: 1.33946

Resistance: 1.3400, 1.34201, 1.34632

What it said to watch

  • US NFP at 13:30 GMT (f/c 65K) could materially shift this read
  • M15 close back above 1.3400 psych and the 1.3420 asian low would mark the break as a false break
  • Break of the lower-high trendline or the asian high at 1.3463 invalidates the downtrend read
  • Acceptance below the 1.3395 session low extends the lower-low chain
  • Fed's Williams at 09:30 GMT is an intraday USD risk

07:31 UTC

Downtrend, oversold at the lows · RSI 23 · price 1.34022

Lower highs through Asia; Asian range broken lower at London open.

Cable has extended its post-BoE fade from the 1.3486 NY high. Asia ground lower through a lower-high chain below the 1.3463 Asian high, then London open broke the 1.3420 Asian low and the 1.3410 area to print 1.3401. RSI(14) near 23 is oversold with the 1.3400 round number directly underneath, as USD firmness ahead of NFP drives the move.

Support: 1.3400

Resistance: 1.3420, 1.34335, 1.34632

What it said to watch

  • Recovery and M15 close back above the 1.3420 Asian low would turn the London break into a false break
  • M15 close below the 1.3400 round number extends the lower-low sequence
  • Close above the 1.3433 lower high breaks the descending structure from the 1.3463 Asian high
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

07:16 UTC

Downtrend, oversold into London open · RSI 21 · price 1.34091

Lower highs since the NY high, Asian range low broken at London open.

The BoE hike spike and the NY high at 1.3486 both faded, and cable ground lower through the Asia session as the USD rebuilt on firm labour data. London open broke the asian low at 1.3414 and tagged 1.3401, just above the 1.3400 round number. RSI(14) at ~21 is oversold, and price sits under a descending trendline from the asian high.

Support: 1.3401, 1.3400

Resistance: 1.3414, 1.3433

What it said to watch

  • A reclaim of the 1.3414 asian low would mark the London break as a false break
  • An M15 close below the 1.3400 round number and the 1.3401 london low extends the lower-low chain
  • A close above the 1.3433 lower high breaks the descending trendline sequence
  • US NFP at 13:30 GMT (f/c 65K) could materially shift this read; Fed's Williams at 09:30 UTC sets the pre-release tone

07:01 UTC

Downtrend, steady grind lower through Asia · RSI 30 · price 1.34153

Lower-high chain from Asian high, fresh session low at London open.

Cable has slid about 70 pips from the post-BoE high at 1.3486. Through Asia it printed lower highs from the 1.3463 Asian high, broke the 1.3445 prior low, then dropped through the 1.3425 broken shelf to a 1.3414 session low into London open. RSI(14) is near 30 as the USD recovery extends ahead of NFP.

Support: 1.3414, 1.3400

Resistance: 1.3425, 1.3445, 1.3463

What it said to watch

  • Failure to hold the 1.3414 session low exposes the 1.3400 round number
  • M15 close back above the 1.3425 broken shelf and the Asia trendline would interrupt the lower-high chain
  • Recovery above the 1.3445 prior low would negate the Asian breakdown; the 1.3463 Asian high caps the sequence
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC could materially shift this read

06:31 UTC

Downtrend, pace slowing near lows · RSI 36 · price 1.34264

Lower-high chain through Asia, pinned at session low.

Cable has ground lower through the Asian session in a lower-high chain from the 1.3463 Asian high. That extends Thursday's post-BoE fade from 1.3500 as the USD firmed. Price sits just above the 1.3422 Asian low ahead of London open, with the 1.3443 broken floor overhead and RSI(14) near 36.

Support: 1.34216, 1.3400

Resistance: 1.34335, 1.3443, 1.34632

What it said to watch

  • M15 close above the 1.3434 lower high breaks the descending chain
  • Failure to hold the 1.3422 Asian low exposes the 1.3400 round number
  • Reclaiming the 1.3443 broken floor would put the 1.3463 Asian high back in view
  • Fed's Williams at 09:30 UTC, then US NFP at 13:30 UTC (f/c 65K), could materially shift this read

06:16 UTC

Downtrend, steady intraday grind lower · RSI 30 · price 1.34233

Lower-high chain through Asia, below Thursday's range lows.

Cable has bled lower through the Asia session in a clean lower-high sequence from the 1.3463 Asian high. It broke Thursday's post-BoE prior lows around 1.3445-48 and printed a session low at 1.3422 as USD firmed into NFP. RSI(14) is near 30 and ATR is about 5 pips, with price capped under the descending trendline ahead of London open.

Support: 1.34219, 1.3400

Resistance: 1.34335, 1.3446, 1.34632

What it said to watch

  • M15 close above the 1.3434 swing high breaks the lower-high chain and the descending trendline
  • Failure to hold the 1.3422 session low exposes the 1.3400 psych level
  • Reclaim of the 1.3446 prior lows, near the 38.2% fib of the decline, would mark the Asia leg as retracing
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

06:01 UTC

Downtrend, lower highs through Asia · RSI 29 · price 1.34225

LH/LL sequence from the Asian high; prior-day low broken, pressing new window low pre-London.

Cable has fully unwound yesterday's BoE spike and NY high at 1.3486. It has printed lower highs through the Asia session, sliding from the Asian high at 1.3463 through the prior-day low to a fresh session low at 1.3423 as the USD rebound extends into NFP. RSI(14) near 29 heading into London open, with no bounce yet off the low.

Support: 1.34225, 1.3400

Resistance: 1.34335, 1.34632, 1.3486

What it said to watch

  • M15 close above the 1.3434 lower high, and with it the Asia lower-highs trendline, breaks the descending sequence
  • Failure to hold the 1.3423 session low leaves the 1.3400 round number as the next reference
  • US NFP at 13:30 UTC (f/c 65K) could materially shift this read; the Asian high at 1.3463 and the NY high at 1.3486 are the upside references on a soft print

05:46 UTC

Downtrend, compressing at lows · RSI 31 · price 1.34261

Lower highs and lower lows through Asia, basing at session low.

Cable has posted lower highs since Thursday's 1.3486 NY peak as BoE-day gains faded on a firmer USD. The Asian session ground down from the 1.3463 asian high to a 1.3425 session low, breaking Thursday's 1.3443 prior low. Price has spent seven bars pinned between 1.3425 and the 1.3434 lower high, just above the 1.3420 round number, with RSI(14) near 31 heading into London open.

Support: 1.34247, 1.3420

Resistance: 1.34335, 1.34432, 1.34632

What it said to watch

  • Close below the 1.3425 session low and the 1.3420 round number extends the lower-low sequence
  • Recovery above the 1.3434 lower high breaks the Asian compression; the 1.3443 prior low lines up with the 50% fib of the Asian decline and the lower-highs trendline
  • US NFP at 13:30 UTC (f/c 65K) could materially shift this read
  • Reclaiming the 1.3463 asian high negates the overnight downtrend

05:31 UTC

Downtrend, lower highs intact · RSI 31 · price 1.34263

Lower highs/lower lows from 1.3486; basing at 1.3425 in late Asia.

Cable has carved lower highs since the 1.3486 post-BoE peak as the hike gains faded on a firmer USD into NFP. Asia lost the 1.3443 prior low and printed a 1.3425 asian low, tested three times. The 04:30 bounce stalled at a 1.3434 lower high, and RSI(14) sits near 31.

Support: 1.34248, 1.3400

Resistance: 1.34335, 1.34432, 1.34632

What it said to watch

  • M15 close below the 1.3425 asian low extends the lower-low chain toward the 1.3400 round number
  • Recovery above the 1.3443 prior low breaks the lower highs trendline and stalls the down-leg read; 1.3463 session high is the next cap above
  • London open could set the next leg as price sits at the asian low
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

05:16 UTC

Downtrend, lower highs through Asia · RSI 33 · price 1.34265

Lower highs and lower lows below the 1.3443 NY low; bounce capped at 1.3434.

Asia session extended Thursday's post-BoE fade. Cable broke the 1.3443 NY low and printed lower highs from the 1.3463 Asian high down to a 1.3425 Asian low as the USD found a mild bid on firmer yields. The bounce stalled at the 1.3434 bounce high, the 23.6% Asian retrace. RSI(14) is near 33 with London open ahead.

Support: 1.34248, 1.3400

Resistance: 1.34335, 1.34432, 1.34632

What it said to watch

  • M15 close above the 1.3434 bounce high breaks the lower-highs sequence
  • Reclaim of the 1.3443 NY low would turn broken support back into a floor
  • Failure to hold the 1.3425 Asian low extends the lower-low chain toward the 1.3400 round number
  • Asian high at 1.3463 caps the session; only a move back through it negates the Asia downtrend
  • US NFP at 13:30 UTC (f/c 65K vs 29K prior) could materially shift this read

05:01 UTC

Downtrend, small bounce off session low · RSI 33 · price 1.34308

Lower highs and lower lows through Asia, below Thursday's NY low.

Cable has slid steadily through the Asian session from the asian high at 1.3463, breaking the prior low at 1.3443 from Thursday's post-BoE range as a mild USD bid builds into NFP. A session low at 1.3425 produced a bounce that stalled at the bounce high of 1.3434, right at the descending trendline. RSI(14) is near 33 and ATR is about 5 pips, with price below both EMAs heading into London open.

Support: 1.34248, 1.3400

Resistance: 1.34335, 1.34432, 1.34632

What it said to watch

  • M15 close back above the prior low at 1.3443, near the 50% asian leg fib, would mark the break as a false break
  • Failure to hold the session low at 1.3425 extends the lower-low chain toward the 1.3400 round number
  • A close above the descending trendline and the bounce high at 1.3434 would interrupt the lower-high sequence
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

04:46 UTC

Downtrend, lower highs through Asia · RSI 34 · price 1.34315

Lower-high/lower-low chain; prior NY lows broken, session low 1.3425.

The post-BoE spike to 1.3484 faded through NY as the USD firmed, and late Asia extended the slide from the 1.3463 asia high, breaking the 1.3443–1.3448 lows and printing a session low at 1.3425. A small bounce off that low is still capped below the broken low, which lines up with the 50% fib of the Asia decline. RSI(14) is near 34, soft but not extreme, and the lower-highs trendline is intact.

Support: 1.34248, 1.3400

Resistance: 1.3445, 1.34632

What it said to watch

  • A close back above the 1.3445 broken low and the lower-highs trendline would break the lower-high chain
  • Failure to hold the 1.3425 session low exposes the 1.3400 round number
  • The London open in about 2h may set a new session range
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

04:31 UTC

Downtrend, extending through Asia · RSI 24 · price 1.34262

Lower highs and lower lows since the 1.3486 high, prior low broken.

Cable's selloff from the post-BoE 1.3486 high has extended through the Asia session. Price broke the 1.3443 prior low and printed a fresh session low at 1.3425 as USD steadies into NFP. RSI(14) is near 24 and lower highs hold under the Asian trendline off the 1.3463 Asian high.

Support: 1.34248, 1.3400

Resistance: 1.34432, 1.34632

What it said to watch

  • A close back above the 1.3443 prior low would turn the break into a false break
  • Failure to hold the 1.3425 session low extends the lower-low chain toward the 1.3400 round number
  • A reclaim of the Asian trendline and the 1.3463 Asian high ends the lower-high sequence
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC could materially shift this read

04:16 UTC

Downtrend, lower highs through Asia · RSI 24 · price 1.34262

Lower-high/lower-low chain, NY low broken.

Cable has ground lower through the Asia session in a clean lower-high chain. It broke yesterday's NY low at 1.3443 and printed a fresh session low at 1.3425, with RSI(14) near 24, close to but not at an extreme. The decline extends yesterday's fade from the 1.3500 London-open high, after the BoE hike failed to hold gains as the USD firmed on claims and hawkish Fed talk.

Support: 1.3425, 1.3400

Resistance: 1.3443, 1.3463

What it said to watch

  • M15 close back above the 1.3443 ny low reclaims the broken level and stalls the lower-low chain
  • A break of the asia lower highs trendline near 1.3437 brings the 1.3463 asian high back into view
  • Failure to hold the 1.3425 session low exposes the 1.3400 round number
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

04:01 UTC

Intraday downtrend, RSI stretched · RSI 26 · price 1.34342

Lower highs and lower lows through Asia; prior-day low 1.3443 broken.

Cable faded from the 1.3486 NY high as USD firmed on the claims beat and hawkish Fed talk, erasing the BoE spike. Asia session extended the slide from the 1.3463 asian high on lower highs, broke the 1.3443 prior low and printed 1.3429 into the 1.3420 support zone, with RSI(14) near 26 stretched but not extreme ahead of London open.

Support: 1.3429, 1.3420, 1.3400

Resistance: 1.3443, 1.3463, 1.3486

What it said to watch

  • A reclaim of the 1.3443 prior low would mark the Asian break as a false break
  • Failure at the 1.3429 asian low exposes the 1.3420 support zone and the 1.3400 psych level
  • A close above the 1.3463 asian high breaks the Asian lower-high chain; 1.3486 ny high sits above
  • US NFP at 13:30 UTC (f/c 65K) could materially shift this read

03:31 UTC

Downtrend, steady Asia-session grind · RSI 27 · price 1.34357

Lower highs from 1.3486, fresh window low below 1.3443.

Cable has faded the BoE spike and the 1.3486 NY high, and lower highs now frame the drift. The 1.3463 Asian high capped the overnight bounce, and price has since slipped through the 1.3443–1.3446 broken low to a new session low at 1.3436. RSI(14) is near 27 heading into Williams and US NFP.

Support: 1.34356, 1.3400

Resistance: 1.3445, 1.34632, 1.3486

What it said to watch

  • M15 close back above the 1.3445 broken low would negate the latest lower-low
  • Close above the 1.3463 Asian high breaks the lower-highs trendline from the NY high
  • Failure to hold the 1.3436 session low exposes the 1.3400 psych level
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

03:16 UTC

Downtrend, fresh 24h low · RSI 29 · price 1.34399

Lower highs from 1.3486, prior session low broken in Asia.

Cable slipped below the 1.3443 prior low to a 1.3439 session low late in the Asia session. Rallies after the BoE-day spike have faded from the 1.3486 swing high and the 1.3463 Asian high, a lower-highs sequence as the USD firms ahead of NFP. RSI(14) is near 29 and ATR is about 5 pips, with the 200-dma around 1.3420 the next reference below.

Support: 1.3439, 1.3420, 1.3400

Resistance: 1.3443, 1.3463, 1.3486

What it said to watch

  • A move back above the 1.3443 prior low would turn the Asian break into a false break
  • An M15 close above the 1.3463 Asian high breaks the lower-highs trendline
  • Failure to hold the 200-dma ~1.3420 extends the lower-low chain toward the 1.3400 round number
  • Fed Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

03:01 UTC

Downtrend, grinding lower in Asia · RSI 31 · price 1.34413

Lower highs from 1.3486, fresh low below overnight base.

Cable has held a sequence of lower highs since the 1.3486 swing high and the BoE-driven chop. The Asia session capped at 1.3463, and price has now slipped through the 1.3443 prior low to a new session low at 1.3441. RSI(14) is near 31, soft but not extreme, and the tape is USD-led into NFP.

Support: 1.3441, 1.3400

Resistance: 1.3443, 1.3463, 1.3486

What it said to watch

  • Reclaim of the 1.3443 prior low would turn the break into a false break
  • A close above the 1.3463 asian high breaks the lower-highs trendline sequence
  • Acceptance below the 1.3441 session low exposes the 1.3400 round number
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

02:46 UTC

Downtrend, momentum fading near lows · RSI 34 · price 1.34459

Lower highs from 1.3486; Asia pressing range low.

Cable has printed lower highs since the 1.3486 NY high. Yesterday's London-open rejection at 1.3500 and the BoE spike to 1.3482 both faded as USD firmed on hawkish Fed talk. Late Asia is grinding at the base of its 1.3443–1.3463 range and retesting the 1.3443 asian low, with RSI(14) near 34 and ATR around 5 pips.

Support: 1.3443, 1.3400

Resistance: 1.3449, 1.3463, 1.3486

What it said to watch

  • M15 close below the 1.3443 asian low extends the lower-low sequence and leaves the 1.3400 round number as the next reference
  • Reclaim of the 1.3449 lower high and then the 1.3463 asian high (50% retrace of the 1.3486–1.3443 leg) would break the lower-high line
  • Close back above the 1.3486 ny high invalidates the intraday downtrend read
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

02:16 UTC

Downtrend, momentum flattening · RSI 44 · price 1.34471

Lower highs from 1.3486, price pressing session low.

Cable has carried lower highs since the London-open rejection at the 1.3500 psych level. The post-BoE spike and the 1.3484 NY high both faded as USD firmed, and the Asian high at 1.3463 capped under the descending trendline. Price is now pressing the 1.3443 session low with ATR(14) compressed near 6 pips ahead of NFP.

Support: 1.3443

Resistance: 1.3463, 1.3484, 1.3500

What it said to watch

  • M15 close below 1.3443 session low extends the lower-low chain
  • Recovery through the 1.3463 asian high and the descending trendline breaks the lower-high sequence; 1.3484 ny high and 1.3500 psych sit above
  • Fed Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

02:01 UTC

Intraday downtrend, lower highs · RSI 39 · price 1.34445

Lower-high sequence since 1.3500 rejection; price pressing 1.3443 swing low in Asia.

Cable has printed lower highs since the London-open rejection at the 1.3500 prior high. The BoE-driven spike to 1.3482 and the 1.3486 NY high both faded as USD firmed. The Asia session bounce stalled at the 1.3463 asian high, near the 50% fib retracement, and price is back on the 1.3443 swing low with RSI(14) near 39.

Support: 1.3443, 1.3400

Resistance: 1.3463, 1.3486, 1.3500

What it said to watch

  • M15 close below the 1.3443 swing low extends the lower-low sequence and leaves the 1.3400 round number as the next marked level
  • Recovery above the 1.3463 asian high breaks the Asia trendline and neutralises the fade
  • 1.3486 ny high and 1.3500 prior high cap the structure; only a break there reverses the lower-high read
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

01:46 UTC

Intraday downtrend, momentum fading · RSI 46 · price 1.34497

Lower highs from 1.3486, lows holding 1.3443–1.3446.

Cable is drifting back to the Asian low near 1.3446. Early Asia's bounce stalled at the 1.3463 Asian high, just shy of the 50% retracement of the 1.3486–1.3443 drop. Lower highs have held since the BoE-day rejection at the 1.3500 round number, as a firmer USD erased the hawkish-hike gains. RSI(14) is neutral at 46 and ATR is near 6 pips, so Asia is running a tight range.

Support: 1.34457, 1.34432

Resistance: 1.34632, 1.3486, 1.3500

What it said to watch

  • A break below the 1.3443 swing low extends the lower-high/lower-low sequence
  • An M15 close above the 1.3463 Asian high breaks the lower-highs trendline and the descending chain
  • Fed's Williams at 09:30 UTC, then US NFP at 13:30 UTC (f/c 65K), likely to override the Asian range
  • 1.3486 lower high and the 1.3500 round number mark the upside structure if NFP prints soft

01:31 UTC

Downtrend, lower highs intact · RSI 47 · price 1.3451

Lower highs from 1.3500; early-Asia bounce fading back toward the lows.

Cable has printed lower highs from the London-open rejection at the 1.3500 round number to the 1.3486 NY high. Both the BoE-hike spike and the US-hours spike faded, and late NY set a 1.3443 swing low just under the 1.3448 London low. Early Asia's bounce stalled at the 1.3463 Asian high, near the 50% fib of the late-NY drop, and price is back at 1.3451 below EMA20 and EMA50 ahead of Friday's NFP.

Support: 1.3448, 1.3443

Resistance: 1.3463, 1.3486, 1.3500

What it said to watch

  • M15 close below the 1.3443 swing low extends the lower-low sequence
  • Recovery through the 1.3463 Asian high reopens the 1.3486 NY high and the lower-highs trendline
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

01:16 UTC

Downtrend, Asian bounce fading · RSI 47 · price 1.34512

Lower highs from 1.3500; Asian range 1.3446–1.3463 with price in its lower half.

Cable faded from the 1.3500 psych cap after the fully priced BoE hike. The post-decision spike was rejected, and so was the ny high at 1.3486, before a slide to the 1.3443 swing low near rollover. The Asia session bounce stalled at the 1.3463 asian high, just under the 50% fib of that drop, and has since printed lower highs back toward the 1.3446 asian low.

Support: 1.34457, 1.34432

Resistance: 1.34632, 1.3486, 1.3500

What it said to watch

  • Break of the 1.3443 swing low extends the lower-low sequence toward the 1.3420 area
  • M15 close above the 1.3463 asian high and the lower-high trendline neutralises the fade read
  • 1.3486 ny high and 1.3500 psych remain the upper cap; supply capped both on Thursday
  • Fed's Williams 09:30 UTC and US NFP 13:30 UTC (f/c 65K) could materially shift this read

01:02 UTC

Intraday downtrend, lower highs · RSI 47 · price 1.34525

Lower highs from 1.3500; Asia range 1.3443–1.3463.

Cable was rejected at the 1.3500 psych level in early London and the BoE spike failed. The NY selloff from the 1.3486 NY high then printed a 1.3443 day low as USD firmed on claims and hawkish Fed talk. The Asia high at 1.3463 capped the bounce near the 50% retrace of that selloff, and price is back under EMA20, testing the 1.3453 swing low.

Support: 1.3453, 1.3443

Resistance: 1.3463, 1.3486, 1.3500

What it said to watch

  • M15 close above the 1.3463 Asia high breaks the lower-highs line and opens the 1.3486 NY high
  • Failure to hold the 1.3443 day low extends the downtrend toward the 1.3420 area
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC could materially shift this read

00:46 UTC

Intraday downtrend, pausing in Asia · RSI 54 · price 1.34562

Lower highs from 1.3500, tight Asia range 1.3453–1.3463 above the 1.3443 low.

London open was rejected at the 1.3500 round number, and the BoE hike spike to 1.3482 faded. Late NY extended the slide to a 1.3443 swing low as USD firmed. The early Asia bounce stalled at 1.3463, near the 50% retrace of the NY selloff. Price is holding a 1.3453 higher low under the lower-high trendline from 1.3500.

Support: 1.3453, 1.3443

Resistance: 1.3463, 1.3486, 1.3500

What it said to watch

  • M15 close above the 1.3463 asia high opens a move toward the 1.3486 ny high, with the 1.3500 round number above
  • Failure to hold the 1.3453 higher low exposes the 1.3443 swing low
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

00:31 UTC

Intraday downtrend, Asia bounce stalling · RSI 57 · price 1.34572

Lower highs from 1.3500, Asia session bounce capped at 1.3463.

London rejected the 1.3500 psych level early Thursday, and the BoE-hike spike to 1.3482 faded. NY printed lower highs at 1.3484/1.3486 (prior high) before sliding to a 1.3443 swing low. The Asia session bounce has stalled twice at the 1.3463 asian high, near the 38.2–50% fib of that drop, with a pullback low at 1.3453 and RSI(14) at 57.

Support: 1.3453, 1.3443

Resistance: 1.3463, 1.3486, 1.3500

What it said to watch

  • M15 close above the 1.3463 asian high opens the 61.8% fib near 1.3470 and the 1.3486 prior high
  • Failure to hold the 1.3453 pullback low puts the 1.3443 swing low back in play; a break there extends the lower-low chain
  • US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read; Fed's Williams at 09:30 UTC is an earlier risk

00:17 UTC

Intraday downtrend, early Asia bounce · RSI 59 · price 1.34602

Lower highs from 1.3500; Asia higher low at 1.3453.

Cable showed rejection at the 1.3500 prior high at London open. The BoE-hike spike and the 1.3486 NY high both faded as USD firmed, and the decline bottomed at a 1.3443 day low near rollover. Early Asia is bouncing in a higher low sequence, with price sitting at the 38.2% retrace and the 1.3463 Asia high capping just under the 50% level.

Support: 1.3453, 1.3443

Resistance: 1.3463, 1.3486, 1.3500

What it said to watch

  • M15 close above the 1.3463 Asia high and 50% retrace opens the 1.3486 NY high, then the 1.3500 prior high
  • Failure to hold the 1.3453 higher low breaks the Asia rising support and puts the 1.3443 day low back in play
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

00:02 UTC

Intraday downtrend, early Asia bounce stalling · RSI 50 · price 1.34542

Lower highs from 1.3500 since London open, lows grinding to 1.3443.

Cable was rejected at the 1.3500 psych level at London open. Spikes after the BoE hike and in NY both faded below the 1.3486 NY high as firm US claims lifted USD, and late NY set a session low at 1.3443, just under the 1.3448 pre-BoE low. The early Asia bounce stalled at 1.3462, the 50% retrace of the NY slide, and price is back on EMA20 with RSI(14) neutral near 50.

Support: 1.3443, 1.3448

Resistance: 1.3462, 1.3486, 1.3500

What it said to watch

  • M15 close below the 1.3443 session low extends the lower-low sequence
  • Holding above 1.3462 (asia high) puts the 1.3486 NY high and the lower-highs trendline back in focus
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

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