GBP/USD AI Live Scan, 4-hour chart, Friday, 7 August 2026
Every read JAFX AI made on the GBP/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
17:01 UTC
Range-bound, upside push into cap · RSI 58 · price 1.34955
1.3400-1.3500 range, higher lows since late-month low.
Cable has been boxed in a 1.3400-1.3500 range for two weeks, with the 1.3500 handle repeatedly capping and a rising sequence of higher lows building underneath. The soft US NFP print (-23K vs +80K) softened the dollar and lifted price back toward the top of the range at 1.34955. ATR(14) sits mid-regime; the range edges remain the decisive structure.
Support: 1.3420, 1.3410
Resistance: 1.3500
What it said to watch
H4 close above 1.3500 invalidates the range read and opens 1.3555
Failure to hold 1.3410 confirms a lower-low and breaks the higher-low sequence
US CPI on Aug 12 could materially shift the dollar leg of this read
Cable spent the past three weeks boxed between 1.3400 and 1.3500, coiling near the 1.3450 pivot. The final bar spiked to 1.3508 as the US NFP miss (-23K vs +80K) unwound the hawkish-Fed premium and softened the dollar, pushing price to the top of the range. Price now sits above both EMA20 and EMA50 with ATR still compressed, leaving the 1.3500 cap as the decisive level.
Support: 1.3410, 1.3400, 1.3420
Resistance: 1.3500, 1.3508
What it said to watch
H4 close above 1.3500 confirms a range break and opens 1.3555
Repeated rejection at 1.3500 keeps the range intact
Failure to hold the 1.3410 pivot signals a lower-low back through the range
US CPI on Aug 12 could materially shift the dollar leg
13:01 UTC
Range-bound, no directional bias · RSI 51 · price 1.34504
Sideways inside 1.3400-1.3500, higher lows off late-July base.
Price has been boxed in 1.3400-1.3500 all week after Monday's candle reclaimed the MA band and stalled below 1.3500; higher lows have built off the late-July base near 1.3273 but the 1.3500 cap has repeatedly held. ATR(14) is compressing and price sits between EMA20 and a rising EMA50, a classic low-vol pre-event coil. US NFP today is the USD-side catalyst that sets the next leg.
Support: 1.3410, 1.3273
Resistance: 1.3500, 1.3555
What it said to watch
H4 close above 1.3500 opens the 1.3520/1.3555 week cap
Break of 1.3410 range floor removes the near-term push toward 1.3555
US NFP today can materially shift this range read
13:01 UTC
Range-bound, no clear trend · RSI 49 · price 1.34504
Boxed inside 1.3400-1.3500 after rally stalled.
Price has traded wholly inside 1.3400-1.3500 for two weeks after the sharp Monday candle reclaimed the moving-average band and stalled below 1.3500. ATR(14) has compressed as the pair coils in mid-range, with EMA20 and EMA50 flattening just beneath current price. NFP today is the immediate USD-side catalyst that sets direction out of the box.
Support: 1.3410
Resistance: 1.3500, 1.3555
What it said to watch
H4 close above 1.3500 opens the 1.3520/1.3555 resistance
Break of 1.3410 range low confirms a lower-low and removes the near-term upside case
US NFP today can force the range break in either direction
Two-week range 1.3420–1.3500 after rally off 1.3273.
GBPUSD has traded wholly inside a 1.3420–1.3500 band for two weeks after the impulse rally off the 1.3273 swing low, with price now pinned mid-range at 1.34492 as UK-US yield spreads narrow. ATR(14) has compressed sharply toward ~22 pips, a coiling that typically precedes a directional resolution. EMA20 caps just overhead while EMA50 supports from below, framing the flat momentum.
Support: 1.3420, 1.3410, 1.3273
Resistance: 1.3500, 1.3506
What it said to watch
US NFP today ~12:30 GMT is the immediate catalyst — a soft print or an upside surprise could break the range either way
H4 close above the 1.3500 psych cap opens the path toward the 1.3506 week high
Failure to hold the 1.3420 range low exposes the 1.3410 pivot and range-low risk
Consolidation between 1.3410 and 1.3500 after basing at 1.3273.
GBPUSD is boxed inside 1.3410-1.3500 after recovering from the month low at 1.3273, with successive lower highs capping under the 1.3500 psych level. ATR(14) has compressed as the pair grinds sideways near 1.3450, the digest framing this as a range awaiting the US NFP break. Price sits just below EMA20 but holds above the rising EMA50.
Support: 1.3410, 1.3284
Resistance: 1.3486, 1.3500, 1.3520
What it said to watch
US NFP today is the immediate catalyst and could break the 1.3410-1.3500 range either way
H4 close above 1.3500 opens the path toward the 1.3520 range top
Loss of 1.3410 range low exposes the 1.3284 swing low
Week-long range 1.3410-1.3500, holding upper half.
GBPUSD has been boxed in a 1.3410-1.3500 range for a week after rallying off the 1.3278 swing low, trading as a pure dollar proxy. Price sits in the upper half, capped repeatedly below 1.3500 while higher lows since 1.3424 keep a shallow rising base intact. ATR(14) has compressed as the range matured, with the EMA20/EMA50 band flattening around price.
Support: 1.3410, 1.3385, 1.3424
Resistance: 1.3500, 1.3555
What it said to watch
US NFP today 12:30 UTC is the immediate driver — GBPUSD is trading as a dollar proxy
H4 close above 1.3500 opens the 1.3555 objective
Failure to hold 1.3410 exposes 1.3385
05:01 UTC
Sideways, momentum flat · RSI 49 · price 1.34528
Week-long range 1.3410-1.3500.
GBPUSD has been boxed inside 1.3410-1.3500 for over a week after reclaiming the moving-average band, and is trading as a pure dollar proxy into NFP. Price sits mid-range around 1.3453 with EMA20/EMA50 flattening beneath it and ATR(14) compressing hard, a sign the range is coiling rather than trending. UK PMI beats supported but were not enough to force a break either way.
Support: 1.3410, 1.3385, 1.3273
Resistance: 1.3500, 1.3555
What it said to watch
US NFP today 12:30 UTC is the immediate driver — likely to break the range
H4 close above 1.3500 opens the path to the 1.3555 objective
Monday's single H4 candle reclaimed the moving-average band and stalled short of the 1.3500 cap, having retraced roughly 63% of the mid-month decline off the 1.3558 high. Price has since coiled in a tight range between 1.3442 and 1.3495 with ATR(14) compressing to ~18 pips, and higher lows since the 1.3278 low form rising support. Recovery holds above EMA20 and EMA50 but repeatedly capped below 1.3500 ahead of US payrolls.
Support: 1.3442, 1.3410, 1.3385
Resistance: 1.3500, 1.3495, 1.3555
What it said to watch
H4 close above 1.3500 cap opens the path to the 1.3555 prior high
US NFP today 12:30 UTC is the dominant driver and likely to break the range
Failure to hold 1.3410 range floor exposes the 1.3385 swing low
01:01 UTC
Recovery, consolidating below cap · RSI 52 · price 1.34536
Higher lows into 1.3500 range cap.
GBPUSD recovered from the late-July low near 1.3273 and reclaimed its moving-average band on Monday, stalling short of the 1.3500 range cap with subsequent sessions coiling inside. Higher lows since the 1.3273 base keep the structure constructive, but bulls have repeatedly been capped sub-1.3500 as this remains a USD-led story into today's NFP. ATR is moderate; price is pinned around EMA20 with EMA50 below.
Support: 1.3424, 1.3410, 1.3385
Resistance: 1.3500, 1.3555
What it said to watch
H4 close above 1.3500 opens the 1.3555 prior high
Failure to hold 1.3410 range floor exposes 1.3385 swing low
US NFP today 12:30 UTC is the dominant driver and could break the range either way