Breakout above the week's 1.3450-1.3500 range, now consolidating below the 3-week high.
Cable broke out of the week-long 1.3450-1.3500 range during the NY session as the shock -23K US NFP gutted the dollar, spiking to a 3-week high near 1.3506. Price has since consolidated in a tight 1.3487-1.3504 band, holding above EMA20 and EMA50 with RSI cooling from the impulse high. This is a USD-driven move; the 1.3506 high has capped follow-through so far.
Support: 1.3487, 1.3450, 1.3410
Resistance: 1.3506, 1.3555
What it said to watch
H1 close above 1.3506 opens the path toward the 1.3555 upside cap
Loss of the 1.3487 pullback low would signal the NFP pop is fading back into the range
US CPI on Aug 12 is the dominant catalyst and could reverse the dovish repricing
Cable coiled in the 1.3400-1.3500 range for most of the week before the -23K NFP shock ripped it off the 1.34341 low straight into the 1.3500 cap in a single hour. Price has since idled between 1.34825 and 1.3500, holding the breakout gains well above EMA20 and EMA50. RSI(14) sits mid-60s, elevated but not yet stretched as the market digests the payrolls miss.
Support: 1.34825, 1.34493, 1.3431
Resistance: 1.3500, 1.35086
What it said to watch
H1 close above 1.3500 opens the path toward the 1.3555 area
Failure to hold 1.34825 puts price back inside the prior 1.3400-1.3500 range
US CPI on Aug 12 is the decisive catalyst that could reshape this read
Range break above weekly 1.3500 top, now consolidating below cap.
Cable spent most of the week boxed in 1.3400-1.3500 before the July NFP miss (-23K vs +80K f/c) drove a sharp leg off 1.3434 through the range top and into 1.3508 during NY hours. Price is now consolidating just under the 1.3500 psych cap with RSI cooling from its post-print highs, holding above EMA(20) and EMA(50). The consolidation floor around 1.3483 has held on each dip since the breakout.
Support: 1.3483, 1.3440, 1.3410
Resistance: 1.3500, 1.35086
What it said to watch
H1 close above 1.3500 keeps the breakout alive and opens the 1.3555 area
Failure to hold 1.3483 consolidation floor reopens the 1.3400-1.3500 range
US CPI on Aug 12 is the next catalyst that could reset this read
18:01 UTC
Range broken higher, momentum up · RSI 66 · price 1.34951
Breakout above weekly range top, holding.
Cable ranged 1.3400-1.3500 all week, coiled near the 1.3450 pivot, until a soft US payrolls print (-23K vs +80K) drove a sharp leg through the range top into the NY session. Price reclaimed 1.3500, tagged 1.3509 and now settles just below at 1.3495, holding above EMA(20) and EMA(50) with RSI(14) pushed toward overbought on the impulse. The 1.3486 prior cap now sits as first support, with the 1.3410 UOB pivot marking the range floor.
Support: 1.3487, 1.3450, 1.3410
Resistance: 1.3500, 1.35086
What it said to watch
H1 close back below 1.3487 prior cap would signal the breakout failing back into the range
Repeated rejection at the 1.3500 range top keeps the advance capped
US CPI on Aug 12 is the next catalyst that could reprice the USD leg
Cable spent Monday through Thursday boxed around 1.3450 inside the MA band before the -23K US NFP miss spiked GBPUSD off 1.3437 to a 1.3509 week high in the NY session. Price is now consolidating just under the 1.3500 psychological cap, holding well above EMA20 with RSI(14) elevated near 66. The breakout base at 1.3437 marks the floor of the post-payroll move.
Support: 1.34825, 1.3465, 1.3437
Resistance: 1.3500, 1.35086
What it said to watch
H1 close above 1.35086 week high extends the NFP breakout
Failure to hold 1.34825 consol low fills the payroll spike back toward 1.3465 EMA20
US CPI on Aug 12 could reprice this move materially
GBP/USD spent the week boxed in a 1.3440-1.3500 band, then broke the 1.3500 cap on the US NFP miss (-23K vs +80K forecast, soft wages) that undercut the dollar, printing a session high near 1.35086. Price is now consolidating just below that high, holding above the EMA20/50 with RSI(14) elevated in the mid-60s.
Support: 1.3490, 1.3440, 1.3410
Resistance: 1.35086
What it said to watch
H1 close back below 1.3500 would flag a false break of the range top
Loss of 1.3440 puts the 1.3410 range floor back in focus
US CPI Wed Aug 12 could reset the USD leg driving this move
16:01 UTC
Range, upside pop into resistance · RSI 63 · price 1.34901
Weekly 1.3400-1.3500 band, NFP breakout test.
GBPUSD spent the week boxed in the 1.3400-1.3500 band before today's US payrolls miss (-23K vs +80K) knocked the dollar and spiked cable to 1.3508, a fresh week high. The pop was rejected back below 1.3500 into the close, but price holds well above the EMA20/EMA50 that framed the mid-week drift near 1.3450. The 1.3500 cap that has stalled every rally since mid-July is again the pivot.
Support: 1.3450, 1.3434, 1.3410
Resistance: 1.3500, 1.3508
What it said to watch
H1 close above 1.3500 confirms the range break and opens the path higher
Failure to hold 1.3450 pulls price back into the mid-week range
US CPI Wed 12 Aug could reprice this dovish USD read
Cable spent the week pinned in the 1.3400-1.3500 band before the July NFP shock miss (-23K vs +80K) sent USD sharply offered, driving a single-bar impulse from 1.3437 up through 1.3500 to a 1.35086 week high. Price then rejected the 1.3500 psych cap and closed back at 1.34888, above both EMA20 and EMA50. RSI(14) lifted to the low-60s as the range floor at 1.3410 was left well behind.
Support: 1.3444, 1.3410
Resistance: 1.3500, 1.35086
What it said to watch
Sustained H1 close above 1.3500 psych cap opens the 1.3520-1.3555 zone
Failure to hold 1.34440 session low would fade the breakout back into the prior range
US CPI Tue Aug 12 is the next decisive catalyst for this read
Price sat boxed inside 1.3400-1.3500 all week until the -23K US NFP shock drove a sharp NY-session spike to 1.3509 before pausing back at the 1.3500 range top. The move lifted price above both EMA(20) and EMA(50) with RSI(14) pushing into the mid-60s, but the pullback to 1.3489 shows the psychological 1.3500 cap that has held all week is still being tested rather than cleared.
Support: 1.3444, 1.3437, 1.3410
Resistance: 1.3500, 1.3509, 1.3520
What it said to watch
Hourly close above 1.3500 opens the 1.3509/1.3520 resistance
Failure to hold above 1.3444 pulls price back into the weekly range
US CPI on Aug 12 is the next USD-side catalyst that could reshape this read
14:01 UTC
Range breakout, momentum turning up · RSI 68 · price 1.34997
Weekly range broken to the upside.
Cable coiled wholly inside 1.3400-1.3500 all week before the US NFP shock (-23K vs +80K) sold the dollar and drove a clean break above the range top into the NY session. Price now trades at 1.3500 with RSI pushed into the high 60s on the impulse, sitting well above EMA20 and EMA50. The 1.3486 prior high that capped the range flips to first support beneath.
Support: 1.3486, 1.3450, 1.3410
Resistance: 1.3520, 1.3555
What it said to watch
H1 hold above 1.3486 keeps the range breakout intact; loss back inside signals a false break
1.3520/1.3555 resistance cap that held all week — area to watch for rejection or extension
US CPI on Aug 12 could materially shift the USD read
GBPUSD has traded wholly inside the 1.3400-1.3500 band since Monday, with the week's only real thrust done in Monday's session that stalled below 1.3500. Price slipped to a 1.3437 session low earlier before bouncing back to the 1.3450 area, sitting just under EMA20/EMA50 as RSI(14) hovers mid-range around 46. Range top near 1.3500 has capped every attempt this week while narrowing UK-US yield spreads keep upside heavy.
Support: 1.34373, 1.3410, 1.3400
Resistance: 1.3455, 1.34859, 1.3500
What it said to watch
US NFP at 12:30 GMT is the immediate USD catalyst that can break this range in either direction
H1 close above 1.3500 opens the 1.3520/1.3555 resistance zone
Break of 1.3410 confirms a lower low and removes the near-term bullish case
Boxed 1.3419-1.3486, lower highs forming into NFP.
Sterling reclaimed its moving-average band near 1.3500 on Monday then traded inside a 1.3419-1.3486 range all week, with the 1.3486 week high capping midweek attempts. The last NY session has bled lower highs back toward the range base, price now sitting below EMA20 (~1.3452) at the 61.8-78.6% retrace of the Monday-to-Thursday leg. US NFP due imminently is the immediate wildcard driving this drift.
Support: 1.3419, 1.3410
Resistance: 1.3452, 1.3486, 1.3500
What it said to watch
US NFP at 12:30 UTC could materially shift this read
H1 close below 1.3419 exposes the 1.3410 pivot and negates the range
Sustained close above 1.3452 EMA20 reopens 1.3486 range top
11:01 UTC
Range, drifting lower · RSI 41 · price 1.34425
Boxed 1.3410-1.3520, pressing range floor.
GBPUSD has spent the week trapped in Monday's 1.3410-1.3520 band, and price has drifted for a second day toward 1.3440 as the USD firmed on Hormuz safe-haven demand and UK-US yield spreads narrowed. Price now sits below EMA(20) and EMA(50) with RSI(14) leaking into the low 40s as the session low around 1.3439 is tested. The 1.3500 cap held twice this week and the range top remains respected.
Support: 1.3439, 1.3410
Resistance: 1.3477, 1.3500, 1.3520
What it said to watch
US NFP at 12:30 GMT today is the immediate driver and can break this range either way
Loss of 1.3410 confirms a range break lower
H1 close back above 1.3477 re-opens the 1.3500 cap
GBPUSD has spent the week trapped inside Monday's range, drifting toward the session low near 1.3442 as the USD firmed on Hormuz safe-haven demand and narrowing UK-US spreads. Price slipped below the EMA20 into the NY-transition hours with RSI(14) cycling near 40, and the 1.3486 week high has capped every rally attempt. The well-worn 1.3410-1.3520 band remains intact ahead of the payroll print.
Support: 1.3442, 1.3410
Resistance: 1.3452, 1.3486, 1.3500
What it said to watch
US NFP today at 12:30 GMT is the immediate driver and could break this range read
Failure to hold 1.3442 exposes the 1.3410 range floor
H1 close back above the 1.3486 week high reopens the 1.3500 range cap
09:01 UTC
Sideways, range-bound · RSI 45 · price 1.34496
Coiling near weekly open ahead of NFP.
Since Monday's open the pair has traded wholly inside the 1.3420–1.3486 band, stalling twice short of 1.3500 before drifting back to the weekly open near 1.3450. Volatility has compressed into the NY-Asia transition with price pinned just under EMA20/EMA50 and RSI hovering in the mid-40s. The narrowing UK-US yield spread has kept a soft bid off the table, but the 1.3486 wk high remains the near-term cap.
Support: 1.3442, 1.34186, 1.3410
Resistance: 1.3459, 1.34859, 1.3500
What it said to watch
US NFP at 12:30 GMT is the immediate catalyst — a soft print risks a break of 1.3486, a beat pressures 1.3420
GBPUSD has coiled around 1.3450 since Monday's rally stalled below the 1.3500 cap, with the past two sessions drifting sideways as a firm USD on the Hormuz safe-haven bid kept sterling capped. Price is pinned just under EMA20/50 with RSI(14) idling in the low-40s. The 1.3479–1.3486 swing highs and 1.3448 swing low frame the current box.
Support: 1.3448, 1.3410
Resistance: 1.3479, 1.3486, 1.3500
What it said to watch
US NFP at 12:30 GMT is the dominant near-term driver and can break this range either way
H1 close below 1.3448 confirms a lower low toward 1.3410
H1 close above 1.3500 opens the path to the 1.3555 zone
07:01 UTC
Sideways, range-bound · RSI 48 · price 1.34547
Boxed in weekly range, mid-band.
Cable has traded wholly inside the 1.3410–1.3500 band since Monday's single-candle rally reclaimed the MA cluster but stalled short of 1.3500. Price now sits mid-range near flat EMA20/EMA50 with RSI(14) hovering around 50, the last session compressing into a tight 1.3450–1.3455 drift. The move is USD-driven — soft ADP cushioned GBP above 1.3450 while sellers keep capping below 1.3500.
Support: 1.3450, 1.3410
Resistance: 1.3486, 1.3500
What it said to watch
US NFP at 12:30 UTC is the dominant near-term driver — a soft print opens a path back toward 1.3500, a beat risks a break below 1.3410
H1 close above 1.3500 invalidates the range-top read
Failure to hold 1.3450 exposes the 1.3410 range low
Monday's session reclaimed the moving-average band and did the week's work, stalling just short of 1.3500 before two sessions traded wholly inside that band. Price has compressed into a tight range around 1.3450 on thin Asian-session bars ahead of US NFP, sitting right on EMA(20) with EMA(50) capping just overhead and RSI(14) idling near 48. The 1.3479–1.3500 zone has repeatedly capped attempts this week while dips have held above 1.3420.
Support: 1.3442, 1.3420, 1.3404
Resistance: 1.3479, 1.3500, 1.3520
What it said to watch
US NFP at 12:30 UTC is the immediate swing factor and can materially shift this read
H1 close above 1.3500 opens the path to the 1.3520–1.3555 zone
Failure to hold 1.3420 confirms a lower low toward 1.3404
Monday's single bar reclaimed the moving-average band and stalled just short of 1.3500, and the last three sessions have traded wholly inside that range near the 1.3453 midpoint. Price is drifting back below EMA20 with RSI(14) hovering around 46 as Asian-session ranges compress ahead of US NFP. The 1.3486 week high has capped upside while dips into the 1.3442–1.3420 band have held.
Support: 1.3442, 1.3420, 1.3404
Resistance: 1.3486, 1.3500, 1.3555
What it said to watch
US NFP at 12:30 UTC is the immediate swing factor and can break this compression either way
H1 close above 1.3500 opens the 1.3520–1.3555 zone
Failure to hold 1.3420 exposes the 1.3404 daily low
05:01 UTC
Sideways, momentum flat · RSI 45 · price 1.34528
Range, holding mid.
GBPUSD has chopped in a ~100-pip band all week, with Monday's session reclaiming the moving-average band and stalling shy of the 1.3500 cap. Price has since drifted back to the 1.3452 mid, slipping under EMA(20) as the pair trades as a pure dollar proxy into NFP; RSI(14) sits near 45, offering no directional edge. The 1.3479 Wednesday high has capped the latest bounce while 1.3442 has held on dips.
Support: 1.34423, 1.34174, 1.3410
Resistance: 1.3479, 1.34859, 1.3500
What it said to watch
US NFP at 12:30 UTC is the immediate driver and could break this range
H1 close above 1.3500 invalidates the range read and opens 1.3555
Failure to hold 1.3410 confirms a lower low toward 1.3385
GBPUSD has chopped inside a ~1.3450–1.3486 band since Monday reclaimed the moving-average cluster and stalled shy of 1.3500. Price now sits just under EMA20/EMA50 with RSI(14) hovering mid-40s, a flat, coiled tape trading as a pure dollar proxy. The 1.3500 cap has held all week while 1.3450 has repeatedly absorbed dips.
Support: 1.3449, 1.34174, 1.3410
Resistance: 1.3479, 1.34859, 1.3500
What it said to watch
US NFP at 12:30 UTC is the immediate driver and can break this range in either direction
H1 close above 1.34790 reopens the 1.34859 week high and the 1.3500 cap
Loss of 1.34490 exposes the 1.34174 week low, then the 1.3410 range base
03:01 UTC
Range, momentum flat · RSI 47 · price 1.34536
Sideways range 1.3450-1.3500.
Cable has treaded water above 1.3450 since Monday's impulse off 1.3417, with the two-day USD softness (weak ADP) capped by short-term safe-haven demand. Price stalled repeatedly short of 1.3486/1.3500 and now sits back at the EMA20, RSI(14) hovering mid-40s with no directional edge. The 1.3450-1.3500 band has contained all NY and London sessions this week.
Support: 1.3450, 1.3417, 1.3410
Resistance: 1.3486, 1.3500
What it said to watch
US NFP today 12:30 UTC is the dominant near-term driver of cable
H1 close above 1.3500 opens the 1.3520-1.3555 zone
Failure to hold 1.3450 exposes 1.3417 week low then 1.3410
02:01 UTC
Range-bound, no clear momentum · RSI 47 · price 1.34498
Sideways between 1.3410 and 1.3500.
Cable has been penned in a 1.3410–1.3500 band since Monday's open, with the 1.3486 cap repeatedly rejected and no follow-through above 1.3500. Price is coiling just under a flat EMA20 (~1.3457) with RSI(14) hovering near 47, reflecting a USD-story consolidation ahead of NFP after a soft ADP print kept the dollar defensive. The recovery off Tuesday's 1.3418 low has stalled, and current 1.34498 sits around the 50% retrace of that leg.
Support: 1.3449, 1.3418, 1.3410
Resistance: 1.3486, 1.3500, 1.3457
What it said to watch
US NFP Fri 12:30 UTC (~11h) is the dominant catalyst — cable is trading as a USD proxy
H1 close above 1.3486/1.3500 needed to break the range narrative toward 1.3555
Failure to hold 1.3410 opens the path to the 1.3385 pivot
01:01 UTC
Range, momentum flat · RSI 47 · price 1.34539
Tight range below 1.3500 cap.
Since Monday's open the pair reclaimed the moving-average band then stalled short of 1.3500, and the following sessions traded wholly inside a ~90-pip range. Price is coiling around 1.3455 near the midpoint of the Monday move, RSI(14) flat near 46 with no clean momentum. The market is a USD story here — soft ADP and fading Fed-hike bets have supported dips, but bulls remain capped below 1.3500 into today's payrolls.
Support: 1.3449, 1.3419, 1.3410
Resistance: 1.3479, 1.3500
What it said to watch
US NFP today 12:30 UTC is the dominant driver of this range
H1 close above 1.3500 opens the 1.3555 zone
Failure to hold 1.3410 exposes the lower range boundary
00:01 UTC
Range, mild drift lower · RSI 45 · price 1.34515
Sideways range capped below 1.3500.
GBPUSD has treaded water in a tight ~90-pip band since Monday's session, which reclaimed the moving-average band and stalled short of 1.3500. Price sits back under EMA20/EMA50 near the 1.3450 range floor with RSI(14) sub-50 as the pair drifts into the weekend; the week's soft US ADP kept dips supported but bulls have been repeatedly capped below 1.3500.
Support: 1.3450, 1.34186, 1.3410
Resistance: 1.3480, 1.3500
What it said to watch
US NFP Fri 12:30 UTC is the dominant near-term driver of this range
H1 close above 1.3500 opens the 1.3555 zone
Loss of 1.3450 exposes 1.3419 then 1.3410 range low