GBP/USD AI Live Scan, 15-minute chart, Wednesday, 8 July 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.

23:46 UTC

Pullback from highs, now flat · RSI 46 · price 1.33928

Rejected 1.3410, drifting into thin Asian consolidation ~1.3390.

Cable pushed to 1.34102 and was rejected at the 1.3400 handle, then slid to 1.3385 before flat-lining near 1.3390 in a thin Asian session (volume collapsed). Move aligns with the digest's 1.3400 rejection theme as USD held a haven bid post-FOMC minutes; RSI(14) neutral around 46.

Support: 1.33852, 1.3322

Resistance: 1.3400, 1.34102

What it said to watch

  • M15 close above 1.34102 reopens the 1.3400+ resistance band
  • Break below 1.33852 swing low exposes 1.3350
  • US jobless claims Thu 12:30 UTC could shift the USD read

23:46 UTC

Pullback stalling, consolidating · RSI 46 · price 1.33928

Rejection at 1.3410, flat range into Asia.

Cable spiked to 1.34102 during the NY-Asia handover then rejected the 1.3400 handle, drifting back to 1.339 on the risk-off USD bid. Now coiling in a thin Asian range near 1.3392 on near-zero volume, RSI(14) neutral at 46.

Support: 1.3383, 1.3335

Resistance: 1.3400, 1.3410

What it said to watch

  • M15 close above 1.3400 reopens 1.3410 session high and the 1.3420+ band
  • Break below 1.3383 recent low exposes the 1.3335 swing low
  • FOMC minutes fallout and Iran/risk headlines could drive the next USD leg

23:31 UTC

Up-move stalled, consolidating · RSI 46 · price 1.33901

Tight range under session high.

Cable rallied to a session high at 1.34102 before stalling under the 1.3400/1.3410 cap flagged in the macro read, then drifted back to consolidate tight near 1.3390 through thin Asia hours. RSI(14) has cooled to the mid-40s and volume is minimal into the late session.

Support: 1.33852, 1.3355

Resistance: 1.34102, 1.3445

What it said to watch

  • M15 close above 1.34102 reopens 1.3445 resistance
  • Loss of 1.33852 swing low exposes 1.3355
  • Iran/Hormuz headlines could break the range on USD haven flow

23:31 UTC

Pullback within intraday uptrend, momentum flat · RSI 46 · price 1.33901

Rejected at 1.3410, consolidating near 1.3390.

Cable ran to 1.34102 and was capped at the 1.3400/1.3410 handle, then faded back to consolidate around 1.3390 through the thin Asia session. RSI(14) mid-range near 46 with tiny sub-6-pip bars; range top respected, 1.3385 swing low holding underneath.

Support: 1.33852, 1.3366

Resistance: 1.3400, 1.34102

What it said to watch

  • M15 close above 1.3410 reopens the path toward 1.3445
  • Loss of 1.3385 exposes 1.3366 swing low
  • London open likely to define the next impulse; Iran-headline risk keeps USD flow live

23:16 UTC

Pullback after rejection, now flat · RSI 44 · price 1.33901

NY rally rejected at 1.3410, Asia consolidating.

NY session drove Cable to 1.3410 where it was rejected — the same cap that has held the multi-day advance — before fading back to 1.339. Price is now consolidating on thin Asia-session volume just under EMA20, holding above the 1.3385 session low. Earlier FOMC-minutes flush to 1.3322 was fully recovered before the fade.

Support: 1.33852, 1.3372

Resistance: 1.34102, 1.34057

What it said to watch

  • M15 close above 1.3410 reopens upside toward 1.3445
  • Break below 1.3385 session low exposes 1.3372
  • Thin Asia liquidity — moves prone to distortion until London open

23:16 UTC

Uptrend, pulling back · RSI 44 · price 1.33901

HH at 1.3410 then rejection, consolidating near 1.3390.

NY session pushed to a 1.3410 session high before rejection — the same 1.3400/1.3410 cap flagged on the macro read. Price has since drifted to 1.3390 into thin, low-volume Asia trade and is sitting on the 38.2% retrace of the prior leg up.

Support: 1.3385, 1.3357

Resistance: 1.3410, 1.3400

What it said to watch

  • M15 close below 1.3385 opens the 1.3357 swing low
  • Reclaim and close above 1.3410 reopens upside toward 1.3445
  • Iran/Hormuz headlines driving USD safe-haven flow could shift this read intraday

23:01 UTC

Uptrend stalling, fading off highs · RSI 44 · price 1.33912

Rejected at 1.3400, consolidating below session high.

NY session pushed Cable to a 1.3410 session high but the 1.3400 psych level (200-day EMA overhead per digest) capped the move, and price has since faded to ~1.3389. Now drifting sideways in thin late-session trade with RSI(14) cooled to mid-40s after the rejection.

Support: 1.3385, 1.3352, 1.3322

Resistance: 1.3400, 1.3410, 1.3445

What it said to watch

  • Close above 1.3410 reopens the path toward 1.3445
  • Sustained trade below 1.3385 exposes the 1.3352 swing low
  • Iran/Hormuz risk-off headlines could revive the USD bid and pressure Cable

23:01 UTC

Pullback after rejection at 1.3410 · RSI 43 · price 1.33912

Consolidating below session high in thin Asia trade.

Cable ran up to 1.34102 during NY hours then was rejected at the 1.3400 psych pivot the news read flags, sliding back to consolidate around 1.339. Price is pinned in a tight low-volume Asia range just under the session high, RSI(14) cooled to the mid-40s.

Support: 1.3385, 1.3357

Resistance: 1.34102, 1.3400

What it said to watch

  • M15 close above 1.3410 reopens the upside toward 1.3445
  • close below 1.3385 session low opens a deeper pullback
  • Iran/Hormuz risk-off headlines could revive the USD bid and pressure Cable

22:46 UTC

Up-leg stalled, pulling back · RSI 43 · price 1.33905

Rejection at session high, tight late-session consolidation.

Cable pushed to a session high of 1.3410 in NY hours and was rejected at the 1.3400/1.3410 pivot (200-day EMA overhead), fading to 1.3390 and slipping below EMA20. Price is now consolidating in a tight, thin late-session range with RSI cooled to the low-40s.

Support: 1.3385, 1.3355

Resistance: 1.3405, 1.3410

What it said to watch

  • Sustained break above 1.3410 opens the 1.3445 layered resistance
  • Close below 1.3385 session low extends the pullback
  • Thin late-session volume — expect range expansion into London open

22:46 UTC

Uptrend stalled, pulling back · RSI 46 · price 1.33905

Rejection at 1.3410, consolidating below.

Cable pushed into 1.3410 during the NY session and was rejected at the 200-day EMA per the macro read, then drifted back to 1.3385. Now flat around 1.3390 on thin late-session volume, RSI cooled to the mid-40s.

Support: 1.3385, 1.3372, 1.3350

Resistance: 1.3400, 1.34102

What it said to watch

  • M15 close above 1.34102 reopens the 1.3445 upside
  • Sustained break below 1.33850 extends the pullback toward 1.3372
  • USD safe-haven flow on Iran/Hormuz headlines is the near-term driver

22:31 UTC

Up move stalled, rolling over · RSI 44 · price 1.3390

Lower highs off 1.3410, thin Asia drift.

Cable's push topped at 1.3410 and was rejected — matching the stalled nine-session rally at the 200-day EMA cap — before fading to 1.3390 in thin Asia trade. Series of lower highs since, RSI(14) cooling into the mid-40s below EMA20; buyers held the 1.3385 swing low late in the session.

Support: 1.3385, 1.3340

Resistance: 1.3400, 1.3410

What it said to watch

  • M15 close above 1.3410 rally cap revives the up move toward 1.3445
  • Sustained break of 1.3385 swing low opens 1.3340 prior low
  • US CPI (Jul 14) and Iran/Hormuz headlines drive the USD side of the read

22:31 UTC

Pullback after rejection at 1.3410 · RSI 42 · price 1.3390

Lower highs off 1.3410, drifting to 1.339.

Cable stalled twice near 1.3410 — the 200-day EMA overhead flagged in the macro read — and has since faded to 1.339 in thin post-NY trade. RSI(14) cooled to the low 40s as lower highs built off the peak; price now sits below EMA20 but above EMA50.

Support: 1.3382, 1.3355, 1.3322

Resistance: 1.3405, 1.3410

What it said to watch

  • Close below 1.3382 swing low opens the path to 1.3355
  • Reclaim of 1.3405/1.3410 revives the rally toward 1.3445
  • Thin post-NY liquidity exaggerating moves into Asia

22:17 UTC

Uptrend stalled, pulling back · RSI 43 · price 1.33906

Rejection at 1.3410, drifting off highs.

Cable pushed through NY into a session high of 1.3410 then rejected the handle, rolling over toward 1.3390 as the thin Asia session set in. Price has slipped below EMA20 with RSI(14) cooling to the low 40s; the 1.3400 round number now caps and buyers are being tested at the 1.3382 session low.

Support: 1.3382, 1.3357, 1.3322

Resistance: 1.3400, 1.34102

What it said to watch

  • Close below 1.3382 opens the 1.3357 swing low and a deeper pullback
  • Reclaim of 1.3400/1.3410 would reopen the session high and resume the advance
  • Asia liquidity is thin — moves may be exaggerated on light volume

22:16 UTC

Intraday pullback after 1.3410 rejection · RSI 42 · price 1.33906

Lower highs off session peak, consolidating late session.

Cable pushed to the 1.3410 handle then rejected, fading into a late-session drift toward 1.3390 — consistent with the failure at 1.3400 flagged in the risk-off USD tone. Price now sits below EMA20 but holds above EMA50, carving lower highs off the session peak with RSI cooling into the low 40s.

Support: 1.3385, 1.3357, 1.3339

Resistance: 1.34102, 1.34071, 1.3450

What it said to watch

  • M15 close above 1.34102 reopens the 1.3445 zone
  • Break below 1.33850 session low opens deeper correction toward the 1.3340 area
  • US Jobless Claims Thu 12:30 UTC could shift USD/risk flows

22:02 UTC

Uptrend stalling, pulling back · RSI 43 · price 1.33901

Rejection at 1.3410, lower highs into thin Asia hours.

Cable's push into 1.3410 was rejected twice and price has faded to 1.3390 through thin Asia hours, consistent with the digest's failure at the 1.3400 handle after the FOMC minutes. Micro-structure is now lower highs with price back below EMA20 but holding above the 1.3383 swing low.

Support: 1.33826, 1.33566

Resistance: 1.34102, 1.34071

What it said to watch

  • M15 close above 1.3410 reopens 1.3445 and negates the lower-high sequence
  • Loss of the 1.3383 swing low opens a deeper pullback toward 1.3355
  • US jobless claims + Williams later today can re-price USD and shift this read

22:01 UTC

Pullback after rejection at 1.3410 · RSI 43 · price 1.33901

Lower highs off session high, holding above 1.3385.

NY session pushed Cable to 1.3410 and got rejected at the 1.3400 handle, in line with the failure flagged in the digest. Price has faded through the Asia hours to ~1.3390, printing lower highs and now hovering above the 1.3385 session low.

Support: 1.33852, 1.3372

Resistance: 1.3400, 1.34102

What it said to watch

  • Reclaim of 1.3400 reopens the 1.34102 session high
  • Loss of 1.33852 confirms a lower low and extends the pullback
  • Initial Jobless Claims Thu 12:30 UTC / Williams speech could shift USD tone

21:46 UTC

Uptrend stalling, pulling back · RSI 45 · price 1.33877

Rejection at 1.3410, retracing rally.

NY session pushed Cable to 1.3410 before a clean rejection, matching the digest's failure at the 1.3400 handle after the FOMC minutes. Price has since bled back to 1.3388 into Asia hours with RSI(14) cooling to the mid-40s, holding above rising support off the 1.3322 low.

Support: 1.3382, 1.3350

Resistance: 1.3410, 1.3405

What it said to watch

  • M15 close below 1.3382 opens the 1.3350 swing low
  • Reclaim of 1.3410 reopens the upside session high
  • Jobless Claims Thu 12:30 UTC could shift the USD/risk read

21:46 UTC

Uptrend stalled, pulling back · RSI 43 · price 1.33877

Rejection at 1.3410, drifting off session high.

Cable pushed to 1.34102 during the NY session then stalled at the 1.3400 handle, matching the noted failure at 1.3400 on the firmer USD. Price has since faded to 1.3388, slipping below EMA20 with RSI cooling toward 42; the late-session drift is on thinning volume.

Support: 1.33852, 1.3382

Resistance: 1.3400, 1.34102

What it said to watch

  • M15 close below 1.33852 confirms a lower-low and opens 1.3382
  • Reclaim of 1.34000 puts the 1.3410 session high back in play
  • Thin late-session liquidity — moves can overshoot on light flow

21:31 UTC

Uptrend, momentum slowing after rejection · RSI 48 · price 1.33906

Pullback from session high, holding above prior swings.

NY session rally stalled at 1.3410 — the 1.3400 handle rejection flagged in the GBP read — and price has since pulled back to ~1.3385 with RSI cooling to the high-40s. Move is a shallow retrace of the 1.3329–1.3410 leg; buyers stepped in near 1.3383 into the late session.

Support: 1.3383, 1.3357, 1.3335

Resistance: 1.3410, 1.3400, 1.3445

What it said to watch

  • M15 close above 1.3410 reopens 1.3445 resistance
  • Loss of 1.3383 pullback low exposes 1.3357 prior swing
  • USD safe-haven flows on Iran/Hormuz headlines could drive the next leg

21:31 UTC

Intraday rally faded, pulling back · RSI 44 · price 1.33906

Rejection at 1.3410, lower highs into late NY.

Cable rallied off 1.3322 into the FOMC minutes and peaked at 1.34102, but the 1.3400 handle rejected the move and price has faded to 1.3389 in late NY. RSI(14) cooling to the mid-40s as the last few bars slip below EMA20.

Support: 1.33852, 1.3329

Resistance: 1.3400, 1.34102

What it said to watch

  • M15 close below 1.3385 swing low opens 1.3350 and confirms a deeper pullback
  • Reclaim of 1.3400/1.3410 reopens the session high
  • US Jobless Claims Thu 12:30 UTC could shift USD-driven tone

21:16 UTC

Uptrend stalling, pulling back · RSI 46 · price 1.33861

Rally to 1.3410 then fade off session high.

Cable ran through 1.3400 into a session high at 1.3410 in the NY afternoon before rejecting; price has since faded to 1.3386 with RSI(14) cooling to the mid-40s. FOMC June minutes and the Iran/Hormuz risk-off USD bid capped the advance at the 1.3400 handle, matching the digest read.

Support: 1.3385, 1.3360, 1.3343

Resistance: 1.34057, 1.3410

What it said to watch

  • Close back above 1.3400 reopens the 1.3410 session high
  • Loss of 1.3385 recent low exposes 1.3360 and a deeper pullback
  • Iran/Hormuz USD headlines can accelerate the fade

21:16 UTC

Up-move stalling, fading off 1.3410 · RSI 43 · price 1.33861

Rejection at 1.3410 handle, lower highs into late NY.

Cable pushed to 1.3410 on the FOMC-minutes grind higher, printed a double rejection there, and is now fading toward the 1.3385 recent low in thin late-NY hours. RSI(14) has cooled to the mid-40s as price slipped below EMA20.

Support: 1.3385, 1.3356, 1.3330

Resistance: 1.3410, 1.3405

What it said to watch

  • M15 close below 1.3385 opens the 1.3356 swing low
  • Reclaim above 1.3410 handle reopens higher resistance
  • US Jobless Claims Thu 12:30 UTC could shift USD/risk tone

21:02 UTC

Uptrend stalling, rolling over · RSI 42 · price 1.33879

Rally capped at 1.3410, pulling back off the highs.

NY session rally stalled at the 1.3400 handle as the Iran-driven risk-off USD bid capped Cable; price consolidated 1.3395-1.3407 for several hours then slipped to 1.3388 into the close. RSI has cooled from the stall and price is now sitting under EMA20/EMA50.

Support: 1.3372, 1.3352, 1.3330

Resistance: 1.3400, 1.3410

What it said to watch

  • M15 close back above 1.3410 reopens the layered 1.3420+ resistance
  • Loss of 1.3372 confirms a lower-low and deeper pullback
  • US Jobless Claims Thu 12:30 UTC could reset the risk mood

21:01 UTC

Uptrend, momentum fading · RSI 43 · price 1.33879

Rally stalled at 1.3410, pulling back.

NY session pushed Cable to 1.3410 twice and was rejected at the 1.3400 handle / 200-day EMA pivot, and price is now drifting lower into Asia around 1.3388 as RSI cools toward the low-40s. The 1.3410 session high caps and the pullback has cracked back below 1.3400.

Support: 1.3385, 1.3372

Resistance: 1.3400, 1.3410

What it said to watch

  • Reclaim of 1.3400 reopens the 1.3410 session high
  • Break below 1.3385 swing low exposes the 1.3372 prior swing
  • US Jobless Claims Thu 12:30 UTC and BoE Breeden 09:30 GMT could shift the read

20:46 UTC

Uptrend, momentum fading · RSI 48 · price 1.33869

Rally to 1.3410 stalling, pulling back.

Cable rallied through the NY session to 1.34102 but rejected the 1.3400 handle, fading to 1.33869 as the renewed USD safe-haven bid on Iran headlines capped upside. RSI(14) has cooled back to neutral and price has slipped below its EMA20 into late NY hours.

Support: 1.33852, 1.33765, 1.33566

Resistance: 1.3400, 1.34102

What it said to watch

  • M15 close back above 1.34100 reopens the layered resistance toward 1.3445
  • Loss of 1.33852 session low exposes the 1.33765 fib 38.2 retrace
  • Iran/Hormuz risk-sentiment headlines the dominant near-term driver

20:46 UTC

Uptrend stalling at 1.3410 · RSI 43 · price 1.33869

Rejection off session high, pulling back.

NY session drove Cable up to the 1.3400 handle, tagging 1.3410 before sellers stepped in and price rolled back to 1.3387. RSI(14) has cooled to the low-40s and price slipped below EMA20 into the late-NY drift; the 1.3400 handle is the pivot for the rally's survival.

Support: 1.3385, 1.33608, 1.33294

Resistance: 1.34057, 1.34102

What it said to watch

  • Reclaim of 1.3405 puts the 1.3410 handle back in play
  • Loss of 1.33850 exposes the 1.33608 swing low
  • US risk-off headlines (Iran/Hormuz) could lift USD and cap Cable

20:32 UTC

Uptrend, momentum slowing · RSI 46 · price 1.33904

Higher highs into 1.3410, now consolidating below.

GBPUSD rallied through the NY session to a session high of 1.3410 before stalling at the handle flagged as resistance, then easing back toward 1.3390 with RSI(14) cooling to the mid-40s. Now boxed between the 1.33925 swing low and the 1.34057 prior high into the FOMC minutes.

Support: 1.33925, 1.33698

Resistance: 1.34102, 1.34057

What it said to watch

  • Reclaim of 1.34057 reopens the 1.3410 session high and layered resistance above
  • Loss of the 1.33925 swing low exposes the 50% fib at 1.33698
  • FOMC minutes today could materially shift this read

20:31 UTC

Uptrend stalling, pulling off highs · RSI 46 · price 1.33904

Consolidation below session high after rally.

NY session pushed Cable to a session high of 1.34102 before the 1.3400 handle capped the move, consistent with the layered resistance flagged into the stalled rally. Price is now consolidating and drifting off the high with RSI cooling to the mid-40s, and has slipped back below EMA20 while holding above the 1.33838 breakout base.

Support: 1.33838, 1.3372, 1.33566

Resistance: 1.3400, 1.34102

What it said to watch

  • M15 close below 1.33838 signals loss of the breakout base
  • Close above 1.34102 reopens the upside toward the 1.3400 zone extension
  • FOMC minutes / risk-off Iran headlines could shift this read in the next bars

20:16 UTC

Uptrend, momentum stalling at 1.3400 · RSI 54 · price 1.33981

Rally capped below 1.3410, consolidating on the handle.

Late NY session: Cable rallied from the 1.3322 low into the 1.3400 handle, printing a session high at 1.34107 before rejection. Price now consolidating 1.3395-1.3406 with RSI(14) cooling to mid-range after the run stalled at the round number, in line with the digest's 1.3400 resistance cap around the FOMC minutes.

Support: 1.3395, 1.33924, 1.33844

Resistance: 1.3400, 1.34107

What it said to watch

  • M15 close above 1.34107 opens the 1.3420-1.3445 zone
  • Failure to hold 1.33924 signals a corrective pullback off the handle
  • US risk sentiment / post-FOMC-minutes flow the main driver into Asia

20:16 UTC

Uptrend, momentum stalling · RSI 51 · price 1.33981

Rally capped at 1.3410, consolidating below.

NY session drove Cable to a 1.3410 session high before stalling at the 1.3400 handle flagged as the rally pivot, and price has since consolidated in a 1.3395-1.3407 band with RSI(14) cooling to neutral. Move stalled into today's FOMC minutes with no fresh UK catalyst.

Support: 1.3395, 1.3384, 1.3372

Resistance: 1.3410, 1.34065

What it said to watch

  • M15 close above 1.3410 opens the 1.3420-1.3445 resistance zone
  • Break below 1.3395 range low exposes 1.3384
  • FOMC minutes today could shift this read

20:01 UTC

Uptrend, momentum cooling · RSI 61 · price 1.34013

Higher highs, consolidating above 1.3400.

Cable rallied off the 1.3322 low through the NY session, reclaiming the 1.3400 handle and tagging a session high at 1.3410 into the FOMC minutes. Price is now boxed 1.3395-1.3410 with RSI(14) easing back near 61; the 1.3400 pivot flagged in the risk-off narrative has been reclaimed on the chart.

Support: 1.3395, 1.3372, 1.3330

Resistance: 1.3410, 1.3420, 1.3445

What it said to watch

  • M15 close above 1.3410 opens the 1.3420 resistance zone
  • Loss of 1.3395 session low points back toward 1.3372
  • Iran/Hormuz headlines could shift risk mood and this range

20:01 UTC

Uptrend, momentum cooling · RSI 60 · price 1.34013

Consolidating under session high after breakout.

Cable ran from the 1.3322 NY low to 1.34102, reclaiming the 1.3400 pivot and holding it into late NY. Price is now boxed 1.3395–1.3410 just under the session high with RSI cooling from the push.

Support: 1.3395, 1.3381, 1.3372

Resistance: 1.34102, 1.3400

What it said to watch

  • M15 close above 1.34102 opens the 1.3420+ resistance zone
  • Loss of 1.3395 range low reopens 1.3381 and the 1.3400 pivot as failed reclaim
  • US jobless claims Thu 12:30 GMT could shift the risk-driven read

19:46 UTC

Uptrend, momentum slowing at 1.3410 · RSI 59 · price 1.34009

Higher highs/lows, stalling near session high.

Cable climbed through the London-NY session to tag the 1.3410 handle, then stalled and is consolidating tight just below it as the 9-day rally hits layered resistance. RSI(14) cooling off the highs; price holding above EMA20/50 with buyers defending 1.3395.

Support: 1.3395, 1.3372, 1.3355

Resistance: 1.3410, 1.3420

What it said to watch

  • M15 close above 1.3410 opens the 1.3420-1.3445 resistance zone
  • Loss of 1.3395 and rising support marks a lower low
  • FOMC minutes / risk headlines could shift this read next bars

19:46 UTC

Uptrend, momentum flattening · RSI 59 · price 1.34009

Consolidating below session high after NY rally.

Cable ran through the NY session from 1.3322 up to 1.3410, then stalled at the round number as the digest flags rally exhaustion into the FOMC minutes. Price now consolidates just above 1.3400, RSI cooling from the highs; the 1.3410 session high has capped every push higher.

Support: 1.3395, 1.33924, 1.33566

Resistance: 1.34102, 1.3420

What it said to watch

  • M15 close above 1.34102 opens the 1.3420 layered resistance
  • Failure to hold 1.33924 swing low signals a corrective pullback
  • FOMC minutes reaction and US risk sentiment could shift this read

19:31 UTC

Uptrend, momentum cooling · RSI 64 · price 1.34055

Consolidating above reclaimed 1.3400 handle.

Cable pushed through the 1.3400 handle during the NY session, tagging a session high of 1.34102 before stalling into the FOMC minutes. Price is now coiling in a tight 1.3400-1.3406 band with RSI(14) cooling off from the run higher; the reclaimed round number is acting as the near-term floor.

Support: 1.3400, 1.3392, 1.3384

Resistance: 1.34102, 1.3420

What it said to watch

  • M15 close back below 1.3400 negates the breakout and reopens 1.3392 range low
  • Break and hold above 1.34102 session high opens the 1.3420 prior high
  • US risk-sentiment / DXY headlines could shift this read late in the NY session

19:31 UTC

Uptrend, momentum flattening · RSI 64 · price 1.34055

Higher highs above 1.3400, consolidating at session high.

NY session drove Cable off the 1.3340 low through the 1.3400 handle, tagging a session high at 1.3410. Price is now consolidating in a tight 1.3395-1.3410 band with RSI cooling off its push; FOMC minutes are due and can shift this read.

Support: 1.3395, 1.3372, 1.3340

Resistance: 1.3410, 1.3420

What it said to watch

  • Sustained M15 close above 1.3410 opens the 1.3420 resist zone
  • Loss of 1.3395 swing low reopens 1.3372 and the 1.3340 session low
  • FOMC minutes today could materially move this read

19:16 UTC

Uptrend, momentum stretched · RSI 74 · price 1.34043

Higher highs/lows off 1.3322, consolidating above 1.3400.

NY session extended the intraday rally off 1.3322, breaking the 1.3400 round number to a session high at 1.34102, with RSI(14) stretched near 74. Price is now consolidating just above 1.3400 as the June FOMC minutes are digested; the reclaim of 1.3400 has held so far despite the broader USD safe-haven bid.

Support: 1.3400, 1.33838, 1.3372

Resistance: 1.34102

What it said to watch

  • M15 close back below 1.3400 would negate the breakout and reopen 1.33838
  • A close above 1.34102 extends the rally toward the 1.3420+ zone
  • FOMC minutes reaction could shift this read within the next bars

19:16 UTC

Uptrend, momentum cooling · RSI 64 · price 1.34043

Higher highs into 1.3410, now consolidating above 1.3400.

NY session drove Cable off the 1.3322 low up through the 1.3400 handle to a session high at 1.3410, RSI(14) easing to the mid-60s. Price is now consolidating tightly just above 1.3400 as traders square into the FOMC June minutes; the round handle is holding as intraday support.

Support: 1.3400, 1.3384, 1.3355

Resistance: 1.3410, 1.3420

What it said to watch

  • M15 close above 1.3410 opens the 1.3420 rally-cap zone
  • Loss of the 1.3400 handle and a break below 1.3384 confirms a lower-low
  • FOMC June minutes release could materially shift this read

19:01 UTC

Uptrend, momentum cooling at 1.3400 · RSI 63 · price 1.34021

Higher highs into 1.3410, stalling.

NY session extended the rally to 1.34102 before stalling at the 1.3400 handle flagged as the pivot for the advance, RSI(14) cooling from the highs. Buyers held 1.3395 on the last pullback; upside capped just under 1.3410.

Support: 1.33924, 1.33844, 1.3372

Resistance: 1.34102, 1.3410

What it said to watch

  • M15 close above 1.3410 opens the 1.3420+ resistance zone
  • Close below 1.33924 breaks the intraday higher-low chain
  • FOMC minutes / US risk sentiment could shift the read into the next hours

19:01 UTC

Uptrend, momentum slowing · RSI 62 · price 1.34021

Higher lows into 1.3400 cap.

Cable ground higher through the NY session into the 1.3400 handle, printing a session high at 1.3410 before stalling — matching the layered resistance flagged into the FOMC minutes. RSI(14) near 62 is cooling as price consolidates just under the cap; buyers held the 1.3395 swing low on the last pullback.

Support: 1.3395, 1.3372, 1.3340

Resistance: 1.3410, 1.3400

What it said to watch

  • M15 close above 1.3410 opens the 1.3420-1.3445 layered resistance
  • Loss of 1.3395 swing low breaks the rising trendline and signals a corrective leg
  • FOMC June minutes could shift the USD read and this range

18:46 UTC

Uptrend, extended into highs · RSI 67 · price 1.34047

Higher highs, breakout above 1.3400 handle.

Cable broke the 1.3400 handle during the NY session around 17:00 UTC, tagging 1.3410 before consolidating in a tight 1.3400-1.3410 band. RSI(14) elevated near 67 but not extreme; the prior wall at 1.3400 now acts as pivot ahead of the FOMC minutes.

Support: 1.3400, 1.3372, 1.3340

Resistance: 1.3410, 1.3445

What it said to watch

  • FOMC minutes at 18:00 GMT could materially shift this read
  • Failure to hold the 1.3400 handle exposes 1.3372 swing low
  • M15 close above 1.3410 session high opens 1.3445

18:46 UTC

Uptrend, extending · RSI 65 · price 1.34047

Higher highs, 1.3400 handle broken.

Cable pushed through the 1.3400 handle late in the NY session, extending the short-covering rally after the FOMC minutes; session high printed 1.34102. Price is now consolidating just above 1.3400 with RSI(14) around 65, having retested and held the 1.3395 breakout zone.

Support: 1.3395, 1.3372, 1.3322

Resistance: 1.3410, 1.3445

What it said to watch

  • M15 close back below 1.3395 negates the 1.3400 breakout
  • Repeated rejection at 1.3410 caps the session high
  • Failure to hold 1.3372 reopens the 1.3322 session low

18:32 UTC

Uptrend, momentum extended · RSI 66 · price 1.34022

Higher highs, broke 1.3400 handle.

Cable pushed through the 1.3400 psych handle into the NY session, tagging a session high at 1.34102. The FOMC minutes at 18:00 GMT triggered a brief dip to 1.3392 but the handle held and price recovered to 1.3402; RSI(14) elevated near 66 without stretching into extreme territory.

Support: 1.3395, 1.3372, 1.3340

Resistance: 1.34102

What it said to watch

  • M15 close above 1.34102 opens the path toward the 1.3445 area
  • Failure to hold the 1.3395 psych level exposes the 1.3372 swing low
  • Ongoing FOMC minutes digestion could materially shift this read

18:31 UTC

Uptrend, testing 1.3400 handle · RSI 66 · price 1.34022

Higher lows off 1.3322, breakout through 1.3400.

Cable ground higher through the NY session, reclaiming the 1.3400 handle after the FOMC minutes and tagging 1.34102 before easing to 1.34022. Structure is a clean chain of higher lows off the 1.3322 session low; RSI(14) hot but not extreme around 66.

Support: 1.3395, 1.33707, 1.3322

Resistance: 1.34102, 1.3445

What it said to watch

  • Sustained M15 acceptance above 1.34102 opens the 1.3445 layered resistance
  • Failure to hold the 1.3400 handle reopens 1.3395 then the 1.3340 support
  • FOMC minutes fallout still filtering through — could shift this read intrabar

18:16 UTC

Uptrend into session highs, momentum flattening · RSI 64 · price 1.34043

Higher highs, stalling at 1.3410.

NY session drove Cable off the 1.3340 base up through 1.3380 to a session high at 1.3410, where the first push was rejected and price is now hovering at 1.3404. RSI(14) near 64 with the rally cooling as the FOMC minutes (18:00Z) land — the immediate driver into the next bars.

Support: 1.3395, 1.3380, 1.3340

Resistance: 1.3410, 1.3445

What it said to watch

  • FOMC minutes just released — could materially shift this read within the next hour
  • M15 close above 1.3410 opens the path to 1.3445 layered resistance
  • Failure to hold 1.3395 pullback low reopens 1.3380 breakout level

18:16 UTC

Uptrend, momentum extended · RSI 66 · price 1.34043

Higher highs and higher lows, 1.3400 handle broken.

NY session drove Cable through the 1.3400 handle to a session high of 1.34102, extending a clean chain of higher lows off 1.3322. RSI(14) near 66, hot but not extreme; the move follows short-covering as USD strength faded into the FOMC minutes.

Support: 1.3395, 1.3384, 1.3357

Resistance: 1.34102, 1.3445

What it said to watch

  • FOMC minutes at 18:00 GMT is the dominant near-term driver and could reset this read
  • Close back below 1.33840 breaks the rising-low structure
  • Sustained trade above 1.34102 opens the 1.3445 area

18:01 UTC

Uptrend, momentum cooling · RSI 62 · price 1.33972

HH/HL chain into 1.3410, first pullback.

Cable ran up through NY hours to tag 1.34102 then rejected the 1.3400 handle right into the 18:00 GMT FOMC minutes, closing back at 1.33972. The intraday uptrend off the 1.3322 low is intact but the first push above 1.3400 was sold, RSI(14) cooling from stretched levels.

Support: 1.3395, 1.3372, 1.3322

Resistance: 1.34102, 1.3400

What it said to watch

  • FOMC minutes at 18:00 GMT can materially reset this read within the next bar
  • A close above 1.34102 clears the session high and re-opens upside
  • Loss of 1.3395 exposes the 1.3372 swing high as support

18:01 UTC

Uptrend, momentum cooling · RSI 63 · price 1.33972

HH/HL chain, pullback from session high.

NY session drove cable through the 1.3400 handle to a session high of 1.34102 before rejection pulled it back to 1.3397. RSI(14) cooling from stretched levels as price consolidates just under 1.3400 into the FOMC minutes.

Support: 1.33838, 1.33607

Resistance: 1.3400, 1.34102

What it said to watch

  • FOMC minutes at 18:00 UTC could materially shift this read
  • Reclaim of 1.34000 reopens the 1.34102 session high
  • Loss of 1.33838 negates the breakout and confirms a lower-high

17:46 UTC

Uptrend, momentum extended · RSI 71 · price 1.33994

Higher highs, fresh session high.

NY session drove cable through the 1.3400 handle to a session high of 1.34102, the first clean break after repeated rejections earlier in the week. RSI(14) near 71 with price easing back to 1.33994 into the FOMC minutes; the 1.3400 handle is the immediate retest level.

Support: 1.3400, 1.33838, 1.33608

Resistance: 1.34102, 1.3445

What it said to watch

  • FOMC minutes at 18:00 GMT is the immediate catalyst and could reset this read
  • Failure to hold the 1.3400 handle reopens 1.33838 breakout area
  • Close above 1.34102 extends toward the 1.3445 layered resistance

17:46 UTC

Uptrend, stalling at 1.3400 · RSI 70 · price 1.33994

Higher lows, session high at 1.34065.

NY session drove cable through the mid-1.337s and up into the 1.3400 handle, printing a session high at 1.34065 before stalling; RSI(14) elevated near 70. The advance is pausing right at the psychological level with FOMC minutes due at 18:00 GMT.

Support: 1.3383, 1.3355, 1.3322

Resistance: 1.34065, 1.3410

What it said to watch

  • FOMC minutes at 18:00 GMT can materially shift this read
  • M15 close above 1.34065 session high opens continuation
  • Failure to hold 1.3383 signals rejection at the 1.3400 handle

17:31 UTC

Uptrend, extended into resistance · RSI 72 · price 1.34043

HH/HL chain, testing 1.3410 handle zone.

NY session drove GBPUSD off the 1.3322 low in a clean HH/HL climb, breaking the 1.3400 handle and printing a session high at 1.34102. RSI(14) near 72 is hot but not extreme; price is stalling just under the layered 1.3410 resistance flagged into the FOMC minutes.

Support: 1.3372, 1.3355, 1.3322

Resistance: 1.34102, 1.3445

What it said to watch

  • FOMC June minutes 18:00 UTC (~30m out) could materially shift this read
  • Close above 1.34102 opens the 1.3445 layered resistance
  • Failure to hold 1.3372 breakout signals the rally stalling

17:31 UTC

Uptrend, momentum extended · RSI 74 · price 1.34043

Higher highs, breakout above 1.3400.

NY session drove a clean break of the 1.3400 handle that had repeatedly capped, tagging 1.3410 with RSI(14) running hot near 74. Buyers stepped in through the London-NY transition off the 1.3335 base and the move has printed a sequence of higher highs.

Support: 1.3400, 1.33838, 1.33294

Resistance: 1.34102, 1.3445

What it said to watch

  • FOMC June minutes at 18:00 UTC (~30m out) can materially shift this read
  • Loss of the 1.3400 handle would flag a false break of the breakout
  • Failure to clear 1.3410 keeps the layered resistance intact

17:16 UTC

Uptrend, momentum hot · RSI 72 · price 1.34005

Higher lows into 1.3400 breakout.

NY session drove cable off the 1.3322 low straight through the 1.3400 handle that capped it earlier, RSI(14) running hot near 72. Price is pressing the session high at 1.3404 into the FOMC minutes, with 1.3400 now flipping to intraday support.

Support: 1.3400, 1.3357, 1.3322

Resistance: 1.3404, 1.3410

What it said to watch

  • FOMC minutes 18:00 UTC could materially shift this read
  • M15 close back below 1.3400 negates the breakout
  • Sustained hold above 1.3404 opens the 1.3410-1.3445 layered resistance

17:16 UTC

Uptrend, momentum extended · RSI 75 · price 1.34005

Higher highs, breakout above 1.3400.

NY session drove cable through the 1.3400 handle, tagging 1.3404 and extending a rally off the 1.3322 session low. RSI(14) is hot near 74 into the print; move comes ahead of the FOMC minutes at 18:00 GMT.

Support: 1.33845, 1.3360, 1.3322

Resistance: 1.3404, 1.3410

What it said to watch

  • FOMC minutes 18:00 GMT can materially shift this read
  • Close above 1.3410 opens the layered resistance zone
  • Failure to hold 1.33845 negates the 1.3400 breakout

17:01 UTC

Uptrend, pushing session high · RSI 71 · price 1.33867

Rising highs and lows into resistance.

Cable drove into a new session high at 1.33867 through the NY afternoon, extending a chain of higher lows off the 1.3322 session base. RSI(14) around 71 marks short-term heat but is normal in this push; price now sits just under the 1.3400 psych level with FOMC minutes due in roughly an hour.

Support: 1.33566, 1.3322

Resistance: 1.3400, 1.33867

What it said to watch

  • M15 close above 1.3400 opens the layered zone toward 1.3410+
  • FOMC June minutes at 18:00 UTC could materially shift this read
  • Loss of 1.33566 breaks the rising-low sequence

17:01 UTC

Recovering, momentum building into 1.3400 · RSI 71 · price 1.33867

Higher lows after session-low sweep, stair-step up.

Cable recovered off the 1.3322 session low and pushed to a fresh session high at 1.33867 in the last hour, RSI(14) near 71 as it closes on the 1.3400 psych level. String of higher lows intact through the NY session; 1.33566 marks the last defended swing low.

Support: 1.33566, 1.3322

Resistance: 1.3400, 1.33867

What it said to watch

  • FOMC June minutes at 18:00 GMT could materially shift this read
  • M15 close above 1.3400 extends the recovery toward the 1.3410 area
  • Failure to hold 1.33566 breaks the higher-low chain

16:46 UTC

Intraday recovery, momentum building · RSI 68 · price 1.33842

Higher lows since mid-window flush, pressing session highs.

Cable clawed back the mid-window flush to 1.3322 and is now pressing the 1.33775 prior high, last printing 1.33842 as the NY session grinds higher. The recovery follows a USD wobble ahead of FOMC minutes; RSI(14) near 68, hot but not stretched.

Support: 1.3357, 1.3322, 1.3315

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC June minutes at 18:00 GMT could materially shift this read
  • Close above 1.3400 round number extends the recovery
  • Failure to hold 1.3357 swing low reopens 1.3322

16:46 UTC

Recovery leg, momentum building · RSI 71 · price 1.33842

Reclaimed session range, printing new highs.

Cable ground back from the 1.3322 session low and broke the 1.33775 prior high late in the NY session, printing 1.33844 with RSI(14) near 71. Rally is running into the FOMC minutes; the 1.3400 round number / 200-day EMA area caps overhead.

Support: 1.3363, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC June minutes at 18:00 UTC (~1h out) could materially shift this read
  • Rejection at the 1.3400 round number — area to monitor for a stall
  • Loss of the 1.3363 swing low would negate the recovery leg

16:32 UTC

Recovery, momentum firming · RSI 60 · price 1.33718

Recovered off session low, pressing session high.

Cable snapped back off the 1.3322 session low through the London-NY transition and is now retesting the session high at 1.33775, RSI(14) near 60. The 1.3400 area caps above; buyers stepped in twice around 1.33566 on the pullback.

Support: 1.33566, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC June minutes at 18:00 GMT could materially shift this read
  • M15 close above 1.33775 opens the path toward 1.3400
  • Loss of 1.33566 signals a lower-low back toward the session low

16:31 UTC

Recovering off session low, higher lows · RSI 57 · price 1.33718

Rebound within the day's range, capped below 1.3400.

Cable swept the session low at 1.3322 on the Middle East USD bid, then recovered to tag the 1.33766 session high before easing back toward 1.3372. Price holds above EMA20/50 with RSI(14) mid-range at 57; buyers stepped in twice near 1.3357 into the NY session.

Support: 1.33566, 1.3322, 1.3315

Resistance: 1.33766, 1.3400

What it said to watch

  • FOMC June minutes at 18:00 GMT could materially shift this read
  • M15 close above 1.33766 opens the 1.3400 rejection zone
  • Failure to hold 1.3357 exposes the 1.3322 session low

16:16 UTC

Range after NY spike faded · RSI 52 · price 1.33638

Consolidating below session high.

NY session spiked to 1.33775 then faded, and Cable is now consolidating around 1.3364 with RSI(14) back to neutral after rejection at the session high. Price holds above EMA20/50 but momentum has flattened into the FOMC minutes.

Support: 1.3357, 1.3322, 1.3315

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC minutes at 18:00 GMT could materially shift this read
  • M15 close above 1.33775 reopens the 1.3400 psych cap
  • Loss of 1.33570 session low exposes 1.33220 day low

16:16 UTC

Recovering off session low, momentum flat · RSI 51 · price 1.33638

Consolidation below session high after V-shaped bounce.

Cable swept the session low at 1.3322 during NY hours then rallied to 1.33775 before fading, now consolidating around 1.3364 with RSI(14) neutral near 51. Spike into 1.3377 was rejected and price is coiling mid-range as the safe-haven USD bid caps the recovery ahead of FOMC minutes.

Support: 1.33566, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC minutes at 18:00 GMT (~2h out) is the immediate catalyst and could shift this read
  • M15 close above 1.33775 reopens the 1.3400 cap
  • Failure to hold 1.33566 exposes the 1.3322 session low again

16:01 UTC

Consolidating after NY-open spike faded · RSI 52 · price 1.33607

Range-bound, holding mid-fib of the 1.3322-1.3377 leg.

NY session spiked to 1.33775 into the open then faded, with price now consolidating near 1.336 around the 38.2% fib of the 1.3322-1.3377 leg. RSI(14) neutral near 52, ATR ~11 pips; buyers held the 1.33566 swing low while supply capped at the 1.33720 swing high.

Support: 1.33566, 1.3322

Resistance: 1.3372, 1.33775

What it said to watch

  • FOMC minutes 18:00 GMT (~2h out) could materially shift this read
  • Close below 1.33566 swing low opens the 1.33220 session low
  • Close above 1.33775 ny high resumes the advance

16:01 UTC

Range, pulling back from NY spike · RSI 49 · price 1.33607

Consolidation below session high after rejection.

NY session spiked to 1.33775 then got rejected, Cable now consolidating around 1.336 and holding above the 1.33566 swing low. RSI(14) neutral near 49 after cooling from the spike; USD safe-haven bid keeping the 1.3400 handle capped.

Support: 1.33566, 1.3347, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC minutes at 18:00 UTC (~2h) could materially shift this read
  • Close below 1.33566 opens the path back toward 1.33220 session low
  • Reclaim of 1.33775 puts the 1.3400 psych cap back in play

15:46 UTC

Recovery stalling, now flat · RSI 51 · price 1.33599

Consolidating below session high.

Cable spiked to the session high at 1.33775 around 13:30 GMT then faded back to 1.336 as the safe-haven USD bid capped the move. Now consolidating in a tight 1.3357-1.3377 band with RSI(14) neutral near 50 after the pullback.

Support: 1.33566, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC minutes at 18:00 GMT could materially shift this read
  • M15 close above 1.33775 reopens the 1.3400 cap
  • Failure to hold 1.33566 exposes the 1.3345/1.3322 session low

15:46 UTC

Recovery stalling near session high · RSI 51 · price 1.33599

Consolidation below 1.33775 after rejection.

Cable spiked into the NY session to 1.33775 then rejected, pulling back to consolidate near 1.336 with RSI(14) flat around 50. Move retraced roughly 38% of the 1.3322-1.33775 leg; range top intact ahead of FOMC minutes.

Support: 1.33566, 1.3350, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • Close below 1.3350 opens the path back toward 1.3322 session low
  • Break above 1.33775 exposes the 1.3400 psych cap
  • FOMC minutes at 18:00 GMT could materially shift this read

15:31 UTC

Intraday uptrend, pulling back · RSI 52 · price 1.33597

Rally from 1.3322 fading below session high.

NY session pushed Cable to a session high at 1.33775 before fading to 1.33597, holding well above the 1.3322 session low. Price is consolidating below the highs, RSI(14) neutral near 52, into the 18:00 GMT FOMC minutes.

Support: 1.3356, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC Minutes 18:00 GMT is the immediate catalyst that could reshape this read
  • Close below 1.33560 opens the path back to the 1.3322 session low
  • Break above 1.33775 exposes the 1.3400 psych cap

15:31 UTC

Recovery off session low, momentum flat · RSI 51 · price 1.33597

Sharp drop then rally, now mid-range pullback.

NY session swept the 1.3322 low then rallied hard to 1.33775 before fading to 1.33597, roughly a 50% giveback of that move as GBP consolidates below the 1.3400 rejection zone. RSI(14) sits neutral near 51 into the 18:00 GMT FOMC minutes.

Support: 1.3355, 1.3322, 1.3315

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC Minutes 18:00 GMT is the immediate catalyst for this read
  • M15 close above 1.33775 reopens the 1.3400 handle
  • Failure to hold 1.3355 exposes the 1.3322 session low

15:16 UTC

Uptrend, pulling back from session high · RSI 54 · price 1.33577

London low reclaimed, spike to session high then fade.

Cable drove up through the London-NY transition, spiking to a session high of 1.33775 before rejection, with the last two bars fading to 1.33577 and RSI(14) cooling to ~54. The morning dip to 1.3322 has been fully reclaimed; price now hovers above EMA20 mid-range ahead of the FOMC minutes.

Support: 1.3343, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC Minutes at 18:00 GMT is the immediate catalyst and could reset this read
  • M15 close back below 1.33430 reopens the 1.3322 session low
  • Reclaim of 1.33775 exposes the 1.3400 psych cap

15:16 UTC

Recovered off session low, momentum flat · RSI 51 · price 1.33577

Choppy range after spike and fade.

NY session spiked to 1.33775 then faded, price now chopping mid-range near 1.33577 with RSI(14) flat around 51. Session low at 1.3322 held on the earlier flush; the up-move off it has stalled below the 1.3366 prior high.

Support: 1.3343, 1.3322

Resistance: 1.3366, 1.33775

What it said to watch

  • FOMC Minutes at 18:00 UTC (~3h) is the immediate catalyst and can reset this range
  • M15 close below 1.3343 reopens the 1.3322 session low
  • Reclaim of 1.3366 puts the 1.33775 session high back in play

15:02 UTC

Recovery off the lows, consolidating · RSI 57 · price 1.33686

Higher lows after sweep of 1.3322, capped below session high.

Cable swept the 1.3322 session low during NY hours then rallied to a session high of 1.33775, and is now consolidating around 1.3369 as bulls trimmed exposure ahead of the FOMC minutes. RSI(14) has cooled from the rally peak into the high-50s; higher lows off 1.3322 remain intact.

Support: 1.33398, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC minutes at 18:00 GMT (~3h) could materially shift this read
  • Close above 1.33775 opens the path to the 1.3400 handle
  • Failure to hold 1.33398 exposes the 1.3322 swing low

15:01 UTC

Recovery uptrend, momentum slowing · RSI 57 · price 1.33686

Rebounded from session-low flush, consolidating below session high.

Cable flushed to a session low of 1.3322 during the NY approach then reclaimed the entire move, retesting the session high at 1.33775 before stalling. Now consolidating 1.3364-1.3372 with RSI(14) cooling from the highs; the 1.34000 handle from earlier this week remains the layered cap overhead.

Support: 1.33636, 1.33398, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • M15 close above 1.33775 opens the path toward the 1.34000 handle
  • Loss of 1.33636 exposes the 1.33398 higher low
  • FOMC minutes at 18:00 GMT (~3h) could materially shift this read

14:46 UTC

Intraday recovery, momentum steadying · RSI 58 · price 1.3368

Higher lows off session low, testing session high.

NY session recovered sharply after a sweep of 1.3322, rallying to the session high at 1.3377 before easing to 1.3368. RSI(14) near 58 after cooling from the spike; price is coiling into the FOMC minutes with the 1.3400 psych handle overhead.

Support: 1.3336, 1.3322

Resistance: 1.3377, 1.3400

What it said to watch

  • FOMC minutes 18:00 GMT (~3h) is the dominant near-term catalyst for this read
  • M15 close above 1.3377 opens the path to the 1.3400 psych handle
  • Loss of 1.3336 swing low re-exposes the 1.3322 session low

14:46 UTC

Recovery leg, momentum firm · RSI 60 · price 1.3368

Rebounded off 1.3322, pressing session high.

NY session flushed to 1.3322 before a sharp recovery leg back to the session high at 1.3377; price now consolidating just under it near 1.3368. The move fits USD trimming its safe-haven bid ahead of the FOMC minutes.

Support: 1.3336, 1.3315

Resistance: 1.33775, 1.3400

What it said to watch

  • M15 close above 1.3377 opens the 1.34 handle
  • Failure to hold 1.3336 reopens 1.3322/1.3315
  • FOMC minutes 18:00 GMT could materially shift this read

14:31 UTC

Recovering, rally into resistance · RSI 62 · price 1.33681

Double bottom then push to session high.

NY-hour rally lifted Cable off the 1.3343 breakout base to a session high at 1.33775 after a double bottom around 1.3322. Price is now consolidating near 1.3368 with RSI(14) cooling into the low-60s ahead of the FOMC minutes.

Support: 1.3343, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • M15 close above 1.33775 opens the path to the 1.3400 psych handle
  • Failure to hold the 1.3343 breakout base reopens 1.3322 session low
  • FOMC minutes at 18:00 UTC could materially shift this read

14:31 UTC

Intraday recovery, momentum fading post-spike · RSI 61 · price 1.33681

Higher low off 1.3322, session-high sweep at 1.33775.

Cable recovered from the 1.3322 swing low through NY hours and spiked to a session high of 1.33775 before easing to 1.33681. Momentum is cooling after the impulse, RSI(14) mid-60s, with FOMC minutes the imminent catalyst.

Support: 1.3357, 1.3322, 1.3300

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC minutes at 18:00 GMT (~3.5h) could materially shift this read
  • M15 close above 1.33775 extends the recovery toward the 1.3400 handle
  • Loss of 1.3357 exposes the 1.3322 swing low again

14:17 UTC

Recovering, short-term up momentum · RSI 61 · price 1.33675

Double bottom, rally capped at session high.

GBP/USD rallied off a double bottom near 1.3322/1.3329 into the NY session, tagging 1.33775 before easing back to 1.33675 as the dollar softened ahead of the FOMC minutes. The 1.33775 session high capped the move and RSI(14) is cooling off the rally.

Support: 1.3350, 1.33294, 1.3322

Resistance: 1.33775, 1.33855

What it said to watch

  • M15 close above 1.33775 opens the 1.33855 prior high
  • Loss of the 1.3350 round number re-exposes the 1.3322 double-bottom base
  • FOMC minutes 18:00 GMT could materially shift this read

14:16 UTC

Recovery leg off session low, momentum cooling · RSI 61 · price 1.33675

Swept low then NY rally, now consolidating.

NY session swept the session low at 1.3322 then rallied hard to 1.33775, RSI(14) easing back near 60 as the last bar stalls around 1.3367. Price is consolidating just under the session high ahead of the FOMC minutes.

Support: 1.3360, 1.3343, 1.3322

Resistance: 1.33775, 1.3400

What it said to watch

  • FOMC minutes 18:00 GMT could materially shift this read
  • M15 close above 1.33775 opens the path to 1.3400 psych
  • Failure to hold 1.3360 reopens 1.3343 and the 1.3322 session low

14:01 UTC

Uptrend, fresh momentum leg · RSI 66 · price 1.33708

Range break, pushing session highs.

NY session pushed a sharp rally off the 1.3322 day low, breaking the prior 1.3335-1.3360 range and stalling into the 1.33775 session high, RSI(14) hot near 66. Price now sits just below that high, holding above EMA20/50 after the impulse.

Support: 1.3360, 1.3340, 1.3322

Resistance: 1.33775, 1.33855, 1.3400

What it said to watch

  • M15 close above 1.33855 opens the path to the 1.34000 rejection zone
  • Failure to hold 1.33600 puts the range-break back in question
  • FOMC minutes 18:00 GMT is the USD-side driver and could reset this read

14:01 UTC

Intraday uptrend, momentum cooling · RSI 64 · price 1.33708

Higher lows off 1.3322, recent break above 1.3360.

Cable rallied from the session low at 1.3322 to tag 1.33775 in the NY session, then eased to 1.33708 as RSU(14) cooled from overbought near 64. Buyers stepped in on the rising-low chain off 1.3322; the 1.33775 session high is the immediate cap.

Support: 1.3360, 1.3345, 1.3322

Resistance: 1.33775, 1.33855

What it said to watch

  • M15 close above 1.33775 opens the path to the 1.33855 prior high
  • Failure to hold 1.33600 confirms a lower-low and stalls the intraday advance
  • FOMC minutes at 18:00 UTC could materially shift this read

13:46 UTC

Recovering, momentum turning up · RSI 63 · price 1.33709

Rebound off session low, breaking recent range.

Cable snapped higher into the NY open, rallying off the London-session low at 1.3322 to tag 1.3377 and breaking the prior 1.3350-1.3357 range. RSI(14) recovered to the low-60s with the last bar stalling just under the session high, ahead of FOMC minutes at 18:00 GMT.

Support: 1.33526, 1.3340, 1.3322

Resistance: 1.33766, 1.33855, 1.3400

What it said to watch

  • Close above 1.33766 session high opens the path to 1.3385/1.3400
  • Failure to hold 1.3350 swing returns price into the range
  • FOMC minutes 18:00 GMT could materially shift this read

13:46 UTC

Recovering, momentum turning up · RSI 65 · price 1.33709

Double-bottom bounce, breakout of consolidation.

Cable snapped sharply higher in the last half hour, tagging the 1.33766 session high before easing to 1.33709, breaking clear of the 1.3355 consolidation. The move follows a double bottom at 1.3322/1.3329 that held after the earlier safe-haven-driven flush.

Support: 1.3355, 1.3329, 1.3322

Resistance: 1.33766, 1.3400

What it said to watch

  • FOMC minutes 18:00 GMT could materially shift this read
  • M15 close above 1.33766 opens the path toward the 1.3400 prior rejection
  • Loss of 1.3355 consol reopens the 1.3322 swing low

13:31 UTC

Recovering off session low, choppy · RSI 57 · price 1.3362

Range, bouncing from lower bound.

NY hours sold Cable through 1.3350 into a 1.3322 session low, then buyers stepped in twice near 1.3322 and the last two bars rallied back to 1.3362. Price sits mid-range with RSI(14) reset to neutral, coiling ahead of the FOMC minutes.

Support: 1.3322, 1.3315

Resistance: 1.3370, 1.3400

What it said to watch

  • FOMC minutes at 18:00 UTC is the immediate driver and could break this range
  • Break below 1.3315 range floor negates the recovery
  • M15 close above 1.3400 opens the path back to the rejection zone

13:31 UTC

Recovering off session low · RSI 62 · price 1.3362

Range, bounce from lows.

Cable dropped into 1.3322-1.3329 twice through the NY session then rebounded, now printing 1.3362 back above EMA20/50 with RSI(14) near 61. Consolidating a 1.3315-1.3370 range into the FOMC minutes; buyers stepped in at the swing-low twice, forming a double-bottom base.

Support: 1.3329, 1.3315

Resistance: 1.3370, 1.3400

What it said to watch

  • FOMC minutes 18:00 UTC — USD-side driver that could break this range
  • Break below 1.3315 negates the recovery and confirms a lower low
  • M15 close above 1.3370 opens the path to 1.3400 layered resistance

13:17 UTC

Downtrend, now stalling · RSI 48 · price 1.33489

Consolidating after London drop.

Cable slid from ~1.3370 through the London session on a safe-haven USD bid, sweeping 1.3322 before buyers reclaimed the level. Price now chops in a 1.3335-1.3355 range with RSI(14) back near neutral; the session-high 1.3355 has capped every push.

Support: 1.3335, 1.3322

Resistance: 1.3355, 1.3370

What it said to watch

  • M15 close above 1.3355 session high opens a retest of the 1.3370 pre-drop high
  • Break below 1.3322 session low extends the decline
  • FOMC minutes at 18:00 GMT could materially shift this read

13:16 UTC

Choppy, range-bound after London drop · RSI 50 · price 1.33489

Recovery inside 1.3322-1.3357 range.

Cable dumped to 1.3322 during London hours on the safe-haven USD bid, printing a double bottom before NY clawed back to 1.3349. Price now grinds mid-range with RSI flat near 50; range top at 1.3357 has capped each push higher.

Support: 1.33355, 1.3322

Resistance: 1.3357, 1.33686

What it said to watch

  • M15 close below 1.3322 confirms a lower low and negates the recovery
  • Reclaim of 1.3357 range top opens 1.3369 session high
  • FOMC minutes 18:00 UTC (~5h) could break this range either way

13:02 UTC

Pullback, now consolidating · RSI 46 · price 1.33435

Range after sharp selloff, 1.3329–1.3357.

Cable snapped its nine-day run at the 1.3400 handle and sold off to 1.3322 through London as a safe-haven USD bid firmed. Price has since stabilised, consolidating 1.3329–1.3357 with RSI(14) back to mid-range near 46; the 1.3357 swing high has capped recovery attempts.

Support: 1.3329, 1.3315

Resistance: 1.3357, 1.3400

What it said to watch

  • Reclaim of 1.3357 opens a retest of the 1.3400 handle
  • M15 close below 1.3315 negates the prior rally
  • FOMC minutes at 18:00 GMT could materially shift this read

13:01 UTC

Downtrend, now consolidating · RSI 46 · price 1.33435

Range post-drop, 1.3330-1.3357.

London sold Cable from 1.3370 to 1.3322 on the Iran/Hormuz USD haven bid, snapping the rally at the 1.3400 handle. Price is now ranging 1.3330-1.3357 into early NY with RSI(14) in the mid-forties, no momentum extreme.

Support: 1.3329, 1.3322, 1.3315

Resistance: 1.3357, 1.3370, 1.3400

What it said to watch

  • FOMC minutes 18:00 GMT is the near-term driver and could shift this read
  • Close above 1.3357 session high reopens 1.3370
  • Break below 1.3315 negates the prior rally

12:47 UTC

Downtrend, attempting recovery · RSI 49 · price 1.33534

Sold to session low, now consolidating.

Cable sold off through the London session to a 1.3322 session low on the Iran/Hormuz USD haven bid, then clawed back to 1.3353. RSI(14) has recovered to neutral near 50; the 1.3357 recent high is capping the bounce and buyers keep defending the 1.3335 minor low.

Support: 1.33345, 1.3322

Resistance: 1.3357, 1.3370

What it said to watch

  • FOMC minutes at 18:00 GMT could materially shift this read
  • M15 close above 1.3357 opens the prior high at 1.3370
  • Break below 1.3322 session low confirms a lower low

12:32 UTC

Downtrend, recovering off lows · RSI 52 · price 1.33531

Swept 1.3322 low, basing back into range.

London session leg lower swept to the 1.3322 session low on the safe-haven USD bid tied to Hormuz headlines, then buyers stepped in twice near 1.3329 to lift Cable back to 1.3353. RSI(14) has recovered to mid-range; price is marking time below the 1.3357 swing high into the FOMC minutes.

Support: 1.33345, 1.3322

Resistance: 1.3357, 1.3370

What it said to watch

  • FOMC minutes at 18:00 GMT could materially shift this read
  • Close below 1.3322 opens the path toward 1.3315
  • Reclaim of the 1.3357 swing high targets prior high 1.3370

12:31 UTC

Downtrend, bounce underway · RSI 49 · price 1.33531

Sold off from 1.3387, basing near 1.3322.

Cable rejected the 1.3400 handle earlier and slid through the NY session to a 1.3322 low on the USD haven bid from Hormuz headlines. Price has since based twice near 1.3322-1.3329 and is grinding back toward the 1.3357 session high, RSI(14) neutral around 49.

Support: 1.3329, 1.3315

Resistance: 1.3357, 1.3400

What it said to watch

  • FOMC minutes at 18:00 GMT could materially shift this read
  • Break below 1.3315 negates the bounce and confirms lower lows
  • Close above 1.3357 opens a retest of the 1.3400 handle

12:16 UTC

Intraday downtrend, now flat · RSI 46 · price 1.3348

Leg lower to 1.3322, consolidating above it.

Cable sold off through the European morning from 1.3370 to 1.3322 as a Hormuz-driven USD haven bid weighed, then based and clawed back to ~1.3348. Price is now flat, ranging 1.3335-1.3357 with RSI(14) neutral near 46, marking time into the FOMC minutes.

Support: 1.3322, 1.3315, 1.3294

Resistance: 1.3357, 1.3370

What it said to watch

  • M15 close below 1.3322 opens 1.3315 then the 1.3294 spike low
  • Reclaim of 1.3357 session high needed to challenge 1.3370
  • FOMC minutes 18:00 GMT could materially shift this read

12:16 UTC

Downtrend, attempting to base · RSI 47 · price 1.3348

Lower highs into NY, now consolidating.

Cable slid from 1.3370 to a 1.3322 session low through the NY session as a Hormuz-driven USD haven bid hit, then swept that low before recovering to 1.3348. Now consolidating mid-range with RSI(14) neutral near 47, marking time into the FOMC minutes.

Support: 1.3329, 1.3322, 1.3315

Resistance: 1.3357, 1.3370

What it said to watch

  • FOMC minutes 18:00 GMT is the near-term driver and could materially shift this read
  • Close below 1.3315 negates the recent rally and confirms a lower low
  • Reclaim of 1.3357 opens a retest of the 1.3370 prior high

12:01 UTC

Downtrend, intraday slide · RSI 42 · price 1.3336

Lower highs, lower lows.

London session dragged Cable off the 1.3390 window high, breaking the 1.3356 range floor with a flush to 1.3322 near 08:15 UTC before stabilising around 1.3336. RSI(14) mid-40s, price pinned below EMA20/50 with sellers still in control intraday.

Support: 1.3322, 1.3315

Resistance: 1.3356, 1.3392

What it said to watch

  • M15 close below 1.3315 confirms the advance has ended
  • Reclaim of 1.3356 range top needed to ease downside pressure
  • FOMC minutes at 18:00 GMT is the main near-term driver for this read

12:01 UTC

Downtrend, momentum slowing · RSI 42 · price 1.3336

Lower highs into session low, consolidating.

Cable slid through NY hours after the earlier 1.3400 rejection, punching a session low at 1.3322 on renewed safe-haven USD demand before a shallow bounce capped at 1.3357. Price now grinds near 1.3336 below EMA20/50 with RSI(14) mid-40s, no clear reversal yet.

Support: 1.3322, 1.3294

Resistance: 1.3357, 1.3370

What it said to watch

  • Loss of 1.3322 session low exposes the 1.3294 day low
  • Reclaim of 1.3357 swing high would break the lower-high chain
  • FOMC minutes at 18:00 GMT could materially shift this read

11:46 UTC

Downtrend, momentum easing · RSI 44 · price 1.3342

Lower highs, holding above session low.

Cable slid through the London session, dropping sharply to 1.3322 before buyers stepped in, and is now chopping in a tight 1.3329-1.3357 band just below the EMAs. A chain of lower highs caps the recovery while the spike low holds.

Support: 1.3329, 1.3322, 1.3300

Resistance: 1.3357

What it said to watch

  • M15 close below 1.3322 opens the path toward 1.3300
  • Reclaim of 1.3357 needed to break the lower-high sequence
  • FOMC minutes at 18:00 GMT could materially shift this read

11:46 UTC

Downtrend, momentum stalling · RSI 43 · price 1.3342

Lower highs off 1.3400, consolidating above 1.3322.

Cable rejected the 1.3400 wall and sold off sharply through London hours from 1.3370 to 1.3322 as Hormuz-driven safe-haven USD bid returned. Price now consolidates 1.3322-1.3357 just above the session low, RSI(14) mid-40s and below both EMAs.

Support: 1.3322, 1.3294, 1.3315

Resistance: 1.3357, 1.3370, 1.3400

What it said to watch

  • FOMC minutes at 18:00 UTC is the main near-term driver for this read
  • Close below 1.3315 confirms the advance has ended
  • M15 close above 1.3357 reopens 1.3370 and the 1.3400 wall

11:31 UTC

Downtrend, momentum easing · RSI 41 · price 1.33392

Range break lower, consolidating below 1.3357.

London session broke sharply lower off 1.3370, sweeping the session low at 1.3322 as safe-haven USD demand firmed. The bounce stalled at 1.3357 and price is sliding back toward the lows, holding within 1.3322-1.3357.

Support: 1.3322, 1.3315

Resistance: 1.3357, 1.3370

What it said to watch

  • Close below 1.3322 opens the 1.3315 pivot
  • Reclaim of 1.3357 bounce high would ease downside pressure
  • FOMC minutes at 18:00 GMT could materially shift this read

11:31 UTC

Intraday downtrend, extending lower · RSI 40 · price 1.33392

Lower highs, retesting session low.

Cable rolled over through the London session after rejection near the 1.3370 prior high, sweeping the 1.3322 session low before bouncing to 1.3357 and fading again. Renewed Hormuz-driven USD bid keeps price pinned below EMA20/50 with RSI(14) around 40, capped under the descending swing highs into the FOMC minutes.

Support: 1.3322, 1.3315

Resistance: 1.3357, 1.3370

What it said to watch

  • A close below 1.3315 pivot confirms the advance has ended
  • Reclaim of 1.3357 swing high reopens the 1.3370 prior high
  • FOMC minutes at 18:00 GMT could materially shift this read

11:16 UTC

Downtrend, off the lows · RSI 44 · price 1.33424

Lower highs after 1.3400 rejection.

Cable was sold hard from the 1.3370 area on the safe-haven USD bid, sweeping down to 1.3322 before a shallow bounce stalled at 1.3357. Price now drifts back toward 1.3340 building lower highs, RSI(14) mid-40s with no extreme in play ahead of the FOMC minutes.

Support: 1.3322, 1.3315

Resistance: 1.3357, 1.3400

What it said to watch

  • M15 close below 1.3315 confirms the advance has ended
  • Reclaim of 1.3357 needed to challenge the 1.3400 wall
  • FOMC minutes 18:00 GMT could materially shift this read

11:16 UTC

Downtrend, momentum easing · RSI 43 · price 1.33424

Lower highs into session low, bouncing.

Cable broke down through the NY session, sliding from 1.3370 to a session low of 1.3322 on a high-volume drop that revived safe-haven USD demand. The bounce stalled at 1.3357 and price is grinding back down near 1.33424, holding just above the 1.3340 recent low.

Support: 1.3340, 1.3322, 1.3315

Resistance: 1.3357, 1.33686

What it said to watch

  • Close below 1.3340 reopens the 1.3322 session low
  • Break below 1.3315 pivot confirms the advance has ended
  • FOMC minutes at 18:00 GMT is the primary near-term driver

11:02 UTC

Downtrend, bounce stalling · RSI 43 · price 1.33442

Lower highs into 1.3322 low, corrective bounce.

London-session selling drove Cable from 1.3370 down through a swept 1.3322 low as safe-haven USD demand firmed; the bounce stalled at 1.3357 and price now consolidates near 1.3344, holding below EMA20. Move sits inside the wider 1.3315-1.3400 range ahead of the FOMC minutes.

Support: 1.3322, 1.3300

Resistance: 1.33568, 1.33698, 1.3400

What it said to watch

  • M15 close below 1.3322 opens the 1.3300 psych level
  • Reclaim of 1.33568 bounce high needed to challenge 1.33698 swing high
  • FOMC minutes at 18:00 GMT is the primary near-term driver

11:01 UTC

Intraday downtrend, bounce stalling · RSI 44 · price 1.33442

Lower highs, low swept at 1.3322 then reclaimed.

Cable sold off through London hours, dropping from 1.3370 to a 1.3322 session low as safe-haven USD demand on Hormuz tensions capped the pair below 1.3400. Price double-tapped 1.3322 and bounced, but the recovery was rejected at 1.3357 and price now sits at 1.3344, back below the EMA20/EMA50.

Support: 1.3322, 1.3300

Resistance: 1.3357, 1.3370, 1.3400

What it said to watch

  • M15 close below 1.3322 confirms a fresh lower low and extends the downtrend
  • Reclaim of 1.3357 opens the path back to 1.3370
  • FOMC minutes at 18:00 GMT is the main near-term driver for this read

10:46 UTC

Downtrend, recovery underway · RSI 48 · price 1.33559

Session-low sweep then bounce.

London session saw a sharp selloff to 1.33220 on renewed USD safe-haven demand, snapping the prior range and printing the session low. Buyers have since recovered price to 1.33559, roughly two-thirds back into the drop; RSI(14) has lifted off oversold toward the mid-40s.

Support: 1.3340, 1.3322

Resistance: 1.3370, 1.3400

What it said to watch

  • FOMC Minutes at 18:00 GMT is the dominant near-term catalyst and could reshape this read
  • Loss of the 1.33400 recovery low reopens the 1.33220 session low
  • Close above 1.33700 pre-drop high would confirm the bounce, exposing the 1.34000 handle

10:46 UTC

Intraday downtrend, bouncing · RSI 47 · price 1.33559

Sharp London leg down, recovery off session low.

Cable sold off through the London morning from 1.33700 to a session low of 1.33220 on the safe-haven USD bid, then recovered to 1.33559. Price is now working back into the swing high at 1.33660, RSI(14) lifting from oversold into the mid-40s.

Support: 1.3322, 1.3339

Resistance: 1.3366, 1.3370

What it said to watch

  • Reclaim of 1.33660 swing high opens a retest of the 1.33700 session high
  • Loss of 1.33390 intraday low reopens the 1.33220 session low
  • FOMC Minutes 18:00 GMT is the dominant near-term catalyst and can override this intraday read

10:31 UTC

Downdrift, bouncing off session low · RSI 45 · price 1.33497

Range break lower, retracing.

London session broke the overnight 1.3350-1.3370 range lower, spiking to 1.3322 on the USD safe-haven bid ahead of FOMC minutes. Price is now retracing that drop back toward 1.3350, RSI recovering off the lows near mid-range.

Support: 1.3322, 1.3300

Resistance: 1.3365

What it said to watch

  • Reclaim of 1.3365 would negate the range break lower
  • Failure to hold 1.3322 exposes the 1.3300 handle
  • FOMC minutes 18:00 GMT could materially shift this read

10:31 UTC

Intraday downtrend, bouncing off lows · RSI 44 · price 1.33497

Lower highs into a swing-low sweep, early recovery.

Cable sold off sharply through the NY session, sweeping down to 1.3322 on the Hormuz-driven USD safe-haven bid before buyers stepped in and lifted it back to 1.3350. Price now sits just under the 1.3350 psych level with RSI(14) recovering from the lows; prior swing at 1.3366 caps the bounce.

Support: 1.3337, 1.3322

Resistance: 1.3350, 1.3366

What it said to watch

  • M15 close below 1.3322 confirms a fresh lower low
  • Reclaim of 1.3366 negates the intraday breakdown
  • FOMC Minutes 18:00 GMT could materially shift this read

10:16 UTC

Downtrend, bounce underway · RSI 41 · price 1.3341

Range break lower, holding above session low.

London session broke Cable below the 1.3350–1.3367 consolidation, tagging 1.3322 before a shallow bounce, with USD firm on the Hormuz safe-haven bid. Price now sits below EMA20/50 at 1.3341, RSI recovering off the drop; the 1.3350 shelf caps for now.

Support: 1.3322, 1.3300

Resistance: 1.3350, 1.3367

What it said to watch

  • Reclaim above 1.3350 negates the downside range break
  • Break below 1.3322 exposes the 1.3300 pivot
  • FOMC Minutes 18:00 GMT is the dominant near-term catalyst

10:16 UTC

Downtrend, sharp intraday leg lower · RSI 41 · price 1.3341

Range break lower, lower lows into a bounce.

Cable snapped lower during the NY session, dropping from 1.3370 to a 1.3322 session low as a Hormuz-driven safe-haven USD bid resumed. Price has since based around 1.3340 below EMA20/50; the 1.3370 shelf caps the bounce and 1.3300 is the pivot below.

Support: 1.3322, 1.3300

Resistance: 1.3370

What it said to watch

  • M15 close below 1.3300 negates the positive GBP read and extends the leg lower
  • Reclaim of 1.3370 repairs the range break
  • FOMC Minutes at 18:00 GMT is the dominant near-term catalyst for this pair

10:01 UTC

Intraday downtrend, bouncing off session low · RSI 43 · price 1.33433

Breakdown from range, lower highs.

GBP/USD broke down from the 1.3350–1.3370 range during London hours, sliding to a session low of 1.3322 after the earlier rejection at the 1.3400 handle. Price is bouncing to 1.3343 with RSI(14) recovering near 43; the 1.3350 pivot now caps the rebound. Move ties to a revived safe-haven USD bid on Hormuz risk.

Support: 1.3322, 1.3300

Resistance: 1.3350, 1.3366, 1.3400

What it said to watch

  • reclaim of 1.3350 recent pivot needed to negate the breakdown
  • loss of 1.3322 session low opens the 1.3300 round number
  • FOMC Minutes 18:00 UTC could materially shift this read

10:01 UTC

Downtrend, bouncing off session low · RSI 42 · price 1.33433

Range break lower, corrective bounce.

London session sliced through the 1.3350-1.3360 consolidation, dropping sharply from 1.3370 to a session low at 1.3322 as a Hormuz-driven safe-haven USD bid pressured Cable. Price has since bounced to 1.3343, but sits below EMA20/50 with the broken 1.3353 shelf now capping.

Support: 1.3337, 1.3322

Resistance: 1.33455, 1.3353, 1.3366

What it said to watch

  • Reclaim of 1.33530 negates the downside range break
  • Loss of 1.33220 session low confirms a lower low
  • FOMC Minutes 18:00 UTC could materially shift this read

09:47 UTC

Downtrend, bouncing off lows · RSI 41 · price 1.33431

Breakdown from consolidation, lower lows.

London session sold Cable off from 1.3370, breaking the 1.3350-1.3360 consolidation and sweeping to a 1.3322 session low as a safe-haven USD bid revived on Hormuz risk. RSI(14) has lifted off its lows as price bounces to 1.3343, with the 1.3350 prior range now capping.

Support: 1.3337, 1.3322

Resistance: 1.3350, 1.3366

What it said to watch

  • M15 close above 1.3350 negates the breakdown read
  • Loss of 1.3322 session low opens further downside
  • FOMC Minutes 18:00 UTC could materially shift this read

09:46 UTC

Intraday downtrend, low bounce · RSI 39 · price 1.33431

Range break lower, session low being retested from above.

London session sold off sharply from the 1.3370 swing high to a session low of 1.3322, tracking the safe-haven USD bid off Hormuz/Iran headlines. RSI(14) has lifted off its low as price recovers to 1.3343, but both EMAs cap from above and the earlier 1.3400 handle rejection still frames the session.

Support: 1.3322, 1.3300

Resistance: 1.3370, 1.3400

What it said to watch

  • M15 close back above 1.3370 negates the lower-low read
  • Loss of 1.3322 session low opens the 1.3300 psych floor
  • US FOMC Minutes 18:00 GMT could materially shift this read

09:31 UTC

Downtrend, sharp leg lower · RSI 33 · price 1.33362

Lower highs, fresh session low.

Cable rejected 1.3370 in the London session and broke sharply lower to a fresh low at 1.3322, the drop tied to a revived safe-haven USD bid on Hormuz risk. Price now hovers at 1.3336 with RSI(14) near 33; the 1.3340 broken level caps the bounce so far.

Support: 1.3322, 1.3320

Resistance: 1.3340, 1.3370

What it said to watch

  • Loss of 1.3322 session low extends the down leg
  • Reclaim of 1.3340 broken level negates the break
  • FOMC Minutes 18:00 GMT could materially shift this read

09:31 UTC

Downtrend, impulsive leg lower · RSI 34 · price 1.33362

Range break lower, fresh session low.

Cable sold off through the London morning, breaking the 1.3350 consolidation floor and printing a fresh session low at 1.3322 as a Hormuz-driven safe-haven USD bid revived after the failed 1.3400 rejection. Price has bounced to 1.33362, RSI(14) lifting off oversold near 34; 1.3350 flipped to resistance overhead.

Support: 1.3322, 1.3300

Resistance: 1.3350, 1.3400

What it said to watch

  • Reclaim above 1.3350 would negate the range-break-lower read
  • Loss of 1.3322 exposes the 1.3300 psych floor
  • FOMC Minutes at 18:00 UTC could materially shift this read

09:16 UTC

Downtrend, momentum accelerating · RSI 26 · price 1.33241

Range break to downside, fresh lower lows.

London session sold off sharply, slicing through the 1.3350 range floor to print 1.3322 as a safe-haven USD bid off Hormuz/Iran headlines dragged Cable lower. RSI(14) near 26 flags short-term oversold, but the move is a clean range break with no retest yet.

Support: 1.3322, 1.3300

Resistance: 1.3350

What it said to watch

  • Reclaim of 1.3350 broken floor would neutralise the downside break
  • Failure to hold 1.3322 session low opens 1.3300 psych level
  • FOMC Minutes 18:00 UTC could materially shift this read

09:16 UTC

Downtrend, momentum accelerating · RSI 27 · price 1.33241

Impulsive break lower, fresh session low.

Cable sold off hard through the London session, dropping from 1.3370 to a fresh low at 1.3322 with the last four bars all lower lows on rising volume. RSI(14) near 27 shows momentum stretched to the downside; the 1.3340 handle now caps as former support turned resistance.

Support: 1.3322, 1.3320

Resistance: 1.3340, 1.3350, 1.3370

What it said to watch

  • Loss of 1.3320 extends the down-leg toward the psych round number
  • Reclaim of 1.3340 handle would neutralise the breakdown read
  • FOMC Minutes 18:00 UTC could materially shift this read

09:01 UTC

Downtrend, momentum picking up · RSI 33 · price 1.33394

Range broke lower, fresh session low.

NY session sold off hard, breaking the 1.3355–1.3370 consolidation to a fresh session low at 1.33373 as a Hormuz-driven safe-haven USD bid capped Cable. RSI(14) near 33 and price below EMA20/50; last bar stalled at 1.33394 into thin liquidity.

Support: 1.33373, 1.3330

Resistance: 1.33505, 1.33655, 1.3370

What it said to watch

  • Reclaim above 1.33505 negates the downside range break
  • Loss of 1.33373 opens the 1.3330 handle
  • FOMC Minutes 18:00 UTC is the dominant near-term driver

09:01 UTC

Downtrend, fresh leg lower · RSI 32 · price 1.33394

Lower highs, new session low.

Cable sold off hard through late London, breaking the 1.3355 shelf and printing a new session low at 1.33373 as the safe-haven USD bid resumed; RSI(14) near 32. Move stalled at 1.33394, still pinned to the lows.

Support: 1.33373, 1.3330

Resistance: 1.33505

What it said to watch

  • FOMC Minutes today 18:00 UTC is the dominant driver — could materially shift this read
  • M15 close back above 1.33505 negates the lower-high break
  • Failure to hold 1.33373 opens the path toward the 1.3300 handle

08:46 UTC

Intraday downtrend, fresh leg lower · RSI 38 · price 1.33474

Range break lower after London grind up.

Cable ground higher through London toward 1.3370 then sold off sharply into the NY session, breaking the intraday range to 1.3339 as a Hormuz-driven safe-haven USD bid reasserted. Price is holding a shallow bounce to 1.3347, back below EMA20/EMA50, with RSI(14) cooling near 38.

Support: 1.33386, 1.3352

Resistance: 1.3357, 1.3370

What it said to watch

  • FOMC Minutes today 18:00 GMT is the dominant near-term driver for this pair
  • Failure to hold 1.33386 confirms continuation of the down leg
  • A reclaim of 1.3357 (ema20) would neutralise the fresh drop

08:46 UTC

Downdraft after rejection, momentum down · RSI 34 · price 1.33474

Sharp break below intraday support, near session low.

Cable was grinding back toward the 1.33700 session high through London morning before two heavy bars dumped it to a 1.33386 session low, price now sitting below EMA20/50. Move fits the USD safe-haven bid capping GBP; RSI(14) has cooled into the mid-30s but is not yet oversold.

Support: 1.33386, 1.33449

Resistance: 1.3355, 1.3370

What it said to watch

  • M15 close below 1.33386 opens the path toward 1.3300
  • Reclaim of 1.33550 would negate the breakdown
  • FOMC Minutes 18:00 GMT could materially shift this read

08:31 UTC

Range, downside probe fading · RSI 45 · price 1.33524

Ranging 1.3340–1.3370, swept low then recovered.

London session rejected the 1.3370 session high, then the last bar spiked down to 1.3340 on heavy volume before snapping back to 1.33524 — a sweep of the range low with no follow-through. Price is back inside the 1.3340–1.3370 band, RSI(14) mid-range, no clean directional structure.

Support: 1.3340, 1.33427

Resistance: 1.3367, 1.3370

What it said to watch

  • M15 close below 1.3340 confirms a lower-low and breaks the range
  • Reclaim of 1.3370 puts the session high back in play
  • FOMC Minutes 18:00 GMT could materially shift this read

08:31 UTC

Range, sharp late rejection · RSI 44 · price 1.33524

Session high rejected at 1.3370, quick flush to 1.3340.

London pushed Cable to a 1.3370 session high before a sharp rejection flushed price to 1.3340 on the last bar amid a firmer safe-haven Dollar ahead of FOMC minutes. Price has since bounced to 1.3352, back inside the prior 1.3350-1.3370 range with RSI(14) around 44.

Support: 1.3340, 1.33487

Resistance: 1.3370

What it said to watch

  • M15 close back above 1.3370 negates the rejection read
  • Loss of 1.3340 session low opens further downside
  • FOMC minutes 18:00 UTC could materially shift this read

08:16 UTC

Recovery off session low, momentum steady · RSI 60 · price 1.33681

Higher lows since session low, testing session high.

Cable carved a double bottom near 1.3342 mid-window and has ground higher through the London open, now pressing the 1.3370 session high with RSI(14) around 60. Move fits the digest read of a tactically capped GBP recovering after the 1.3400 rejection and safe-haven USD bid.

Support: 1.33548, 1.33419

Resistance: 1.3370, 1.3379

What it said to watch

  • M15 close above 1.33700 opens the path to 1.33790
  • Loss of rising support at 1.33548 reopens the 1.33419 session low
  • FOMC Minutes 18:00 GMT could materially shift this read

08:16 UTC

Intraday recovery, higher lows building · RSI 62 · price 1.33681

Bounce off session low, retesting session high.

London morning has clawed Cable back from the session low near 1.3342 to 1.3368, printing a double-bottom base and higher lows as the safe-haven USD bid eased. Price is now pressing the 1.3370 session high with RSI(14) around 62 — recovery still intact but capped at the top of the intraday range.

Support: 1.3355, 1.3342

Resistance: 1.3370, 1.3394, 1.3400

What it said to watch

  • M15 close above 1.3370 opens the path toward 1.3394 then the 1.3400 psych handle
  • Loss of 1.3342 session low negates the recovery and reopens the downside
  • FOMC Minutes at 18:00 UTC could materially shift this read

08:01 UTC

Recovering off session low, mild uptrend · RSI 61 · price 1.33641

Higher lows since 1.3342, grinding back up.

Cable based twice around 1.3342–1.3352 through the Asian session and has ground back up through London morning to 1.3364, RSI(14) near 61. Session high at 1.33698 is the immediate cap; move is USD-driven safe-haven flows, with the pair sitting mid its 1.3350–1.3450 near-term range.

Support: 1.3352, 1.33419

Resistance: 1.33698, 1.3374, 1.33855

What it said to watch

  • M15 close above 1.33698 opens the path back toward 1.3374 then 1.3385
  • Loss of 1.3352 reopens the session low at 1.33419
  • FOMC Minutes at 18:00 GMT the dominant near-term driver — could reprice this read

08:01 UTC

Recovering, micro-uptrend · RSI 56 · price 1.33641

Higher lows off session low, testing session high.

London session grinding higher off the 1.33419 session low, a chain of higher lows carrying Cable to the 1.33697 session high before a shallow pullback to 1.33641. Move is a recovery from yesterday's safe-haven USD bid; RSI(14) mid-range at 56, no extreme.

Support: 1.3358, 1.33419, 1.3352

Resistance: 1.33697, 1.33855

What it said to watch

  • Close above 1.33697 opens the path toward 1.33855
  • Loss of 1.3358 breaks the rising-low sequence
  • FOMC Minutes at 18:00 GMT could materially shift this read

07:46 UTC

Recovering off session low · RSI 62 · price 1.33664

Higher lows off 1.3342, reclaiming 50% of prior drop.

Cable based in a tight 1.3350-1.3358 Asian range then broke higher into the London session, now at 1.3366 and reclaiming the 50% mark of the prior slide from 1.3394 to 1.3342. The earlier leg down was USD-led on safe-haven Hormuz flows after the 1.3400 rejection; RSI(14) around 62 with room before hot.

Support: 1.3350, 1.3342

Resistance: 1.3370, 1.3390, 1.3400

What it said to watch

  • Break above 1.3370 opens the 1.3390 then 1.3400 handle
  • Loss of 1.3350 exposes the 1.3342 swing low
  • FOMC Minutes 18:00 GMT is the next USD catalyst for this pair

07:46 UTC

Recovering off session low, mild uptick · RSI 61 · price 1.33664

Higher lows into London, capped below session high.

London session clawed back the Asian selloff, basing twice near 1.3345 before printing higher lows into 1.3367; RSI(14) mid-range around 60. Move stays capped well below the 1.3400 handle that snapped Cable's win-streak, with recovery USD-led on Hormuz safe-haven flows.

Support: 1.3352, 1.33419

Resistance: 1.33697, 1.33937, 1.3400

What it said to watch

  • M15 close above session high 1.33697 opens the path to the 1.3400 handle
  • Failure to hold 1.33520 asia low re-exposes 1.33419 session low
  • FOMC Minutes 18:00 GMT is the main near-term USD catalyst and could reshape this read

07:32 UTC

Intraday recovery off Asian lows · RSI 61 · price 1.33682

London break above Asian range, higher lows building.

Cable churned inside a 1.3345–1.3359 Asian range overnight before the London open drove a range break, lifting price to 1.3368 with RSI(14) around 61. Higher lows are building off the 1.33419 session low; 1.3379 prior high and the 1.3400 psych handle sit overhead.

Support: 1.3355, 1.33419

Resistance: 1.3379, 1.3400

What it said to watch

  • Close above 1.3379 opens the path to the 1.3400 handle
  • Loss of 1.3355 drops price back into the Asian range
  • FOMC minutes 18:00 GMT is the main near-term USD catalyst

07:31 UTC

Recovery off session lows · RSI 61 · price 1.33682

Higher lows, pressing session high.

Cable sold off through the London session to 1.3346 on the Hormuz-driven safe-haven Dollar bid, then carved a rounded base and recovered to press the session high at 1.3368. RSI(14) rising near 61, price back above EMA20/50 on a chain of higher lows.

Support: 1.33548, 1.33463, 1.3330

Resistance: 1.33684, 1.3379, 1.3400

What it said to watch

  • Close above 1.3368 opens the 1.3379 swing high, then the 1.3400 handle
  • Loss of the 1.3355 rising low reopens the 1.3346 session low
  • FOMC Minutes 18:00 GMT is the key USD catalyst and can reset this read

07:17 UTC

Downtrend, recovery attempt · RSI 53 · price 1.33568

Recovering off session low, choppy.

Cable slid from ~1.3393 through the London-NY sessions to a session low at 1.33419, a USD-led move on the Hormuz safe-haven bid rather than GBP weakness. It has since recovered to a session high of 1.33657 and eased back to 1.3357; RSI is mid-range with no extreme in play.

Support: 1.33487, 1.33419

Resistance: 1.33657, 1.3372

What it said to watch

  • M15 close below 1.33419 confirms a lower low and resumes the downtrend
  • Reclaim of 1.33657 opens the path back toward 1.3372
  • FOMC Minutes 18:00 GMT is the main USD catalyst and could reshape this read

07:16 UTC

Down then stabilising, range-bound · RSI 52 · price 1.33568

Range after decline, minor higher low.

Cable slid off the 1.3390 area through the Asian session to a 1.3342 low, then recovered into the London open, tagging 1.3366 before rejecting back to 1.3357. USD held firm on the Hormuz safe-haven bid; RSI(14) mid-range, ranging with no clean directional break.

Support: 1.33509, 1.33419

Resistance: 1.33657, 1.3394, 1.3400

What it said to watch

  • M15 close above 1.3366 opens the 1.3394 / 1.3400 handle
  • Loss of 1.3342 confirms a lower low and reopens downside
  • FOMC Minutes 18:00 UTC could materially shift this read

07:01 UTC

Recovering off lows, momentum building · RSI 63 · price 1.33642

Rounded base above 1.3342, breaking higher.

Cable carved a rounded base around 1.3350 through the Asian session after the earlier slide from 1.3394, and the London-Asia transition pushed it back to the session high at 1.3366, RSI(14) firming near 63. Price holds above EMA20/50 with the 1.3400 handle the next reference overhead.

Support: 1.3350, 1.33419

Resistance: 1.33657, 1.3400

What it said to watch

  • M15 close above 1.33657 opens the path to the 1.3400 handle
  • Failure to hold 1.3350 base puts 1.33419 swing low back in play
  • FOMC Minutes 18:00 UTC could materially shift this read

07:01 UTC

Recovery, short-term uptrend · RSI 64 · price 1.33642

Higher lows off session low, pressing session high.

London open lifted cable off the 1.3342 session low, breaking the Asian range base near 1.3352 and printing a fresh session high at 1.3366. RSI(14) firming into the low 60s with price back above EMA20/50; the 1.3400 handle above remains the layered cap flagged in the macro read.

Support: 1.3352, 1.33419

Resistance: 1.33657, 1.3394, 1.3400

What it said to watch

  • Close above 1.3366 session high opens the 1.3394 prior high then the 1.3400 handle
  • Failure to hold 1.3352 range base reopens the 1.3342 session low
  • FOMC Minutes 18:00 UTC is the main cable catalyst and could shift this read

06:47 UTC

Recovery off session lows, momentum building · RSI 62 · price 1.33623

Double bottom near 1.3342, base breaking higher.

Cable carved a double bottom near 1.3342 through the Asian range and pushed off the 1.3352 session base into the London open, tagging a session high at 1.3657... 1.33657 with RSI(14) around 62. Buyers stepped in twice at the lows; the base breakout is holding but capped just under the session high.

Support: 1.3352, 1.33419

Resistance: 1.33657, 1.3374

What it said to watch

  • M15 close above 1.33657 opens the path to the 1.3374 prior swing
  • Failure to hold 1.3352 session base reopens the 1.33419 session low
  • FOMC Minutes 18:00 UTC could materially shift this read

06:46 UTC

Recovering off session low · RSI 61 · price 1.33623

Higher lows after basing near 1.3342.

Cable based twice near 1.3342 through the quiet Asian session before a clean push into the London open lifted price to a session high at 1.3365, RSI(14) firming to ~61. Recovery is holding above reclaimed 1.3352, with the 1.3400 handle the deeper cap flagged in context.

Support: 1.3352, 1.33419

Resistance: 1.33657, 1.3379, 1.3400

What it said to watch

  • Break above 1.33657 session high opens the path to 1.33790
  • Loss of 1.33520 reopens the 1.33419 session low
  • FOMC Minutes 18:00 UTC could materially shift this read

06:31 UTC

Recovering off session low, short-term up · RSI 64 · price 1.33643

Break above Asian consolidation, higher into London.

Cable based at the 1.3342 session low overnight, held a tight 1.3353-1.3358 Asian range, then pushed higher into the London open with a spike to 1.3366. RSI(14) near 64 and price back above both EMAs; move is retracing yesterday's decline into the 1.3400 handle resistance flagged by the digest.

Support: 1.3353, 1.33419

Resistance: 1.33657, 1.3400

What it said to watch

  • Break above 1.33657 opens the path to the 1.3400 handle
  • Loss of 1.33530 range base reopens the 1.3342 session low
  • FOMC Minutes 18:00 GMT is the main near-term catalyst for this read

06:31 UTC

Recovering off intraday base, momentum building · RSI 64 · price 1.33643

Overnight consolidation broken to the upside.

London session opened with a push off the 1.3352 consolidation base, breaking the tight Asian range to a session high at 1.33657 with RSI(14) climbing into the low-60s. Price cleared EMA20/50 as the overnight compression resolved higher; 1.33745 is the next shelf overhead.

Support: 1.3352, 1.33436, 1.33419

Resistance: 1.33657, 1.33745, 1.3400

What it said to watch

  • M15 close above 1.33745 opens the path back to the 1.3400 handle
  • Failure to hold 1.3352 reopens the 1.33419 session low
  • FOMC Minutes Wed 18:00 GMT is the main USD catalyst and could reshape this read

06:16 UTC

Downtrend easing, consolidating · RSI 55 · price 1.33601

Range after decline, higher lows building.

Cable slid from 1.3394 through the London-NY session, bottoming twice near 1.3342 before consolidating in a tight 1.3350-1.3358 band through the Asian range. London open today has nudged price to 1.3360, back above EMA20/50 with RSI(14) around 55; the wider read stays capped by the 1.3400 handle rejection tied to the Hormuz-driven USD bid.

Support: 1.3350, 1.3342

Resistance: 1.3379, 1.3400

What it said to watch

  • Sustained break above 1.3379 prior swing opens the path to the 1.3400 handle
  • Failure to hold 1.3350 psych reopens the 1.3342 session low
  • FOMC Minutes today 18:00 UTC could materially shift this read

06:16 UTC

Intraday down, now flat · RSI 54 · price 1.33601

Consolidating near session lows after leg down.

Cable slid from the 1.3394 window high through Asia to a 1.3342 low, then base-built in a tight 1.3350-1.3360 band. Price is nudging the 1.3361 range top into the current bar, RSI(14) back to neutral near 54 after the earlier flush.

Support: 1.3350, 1.3342

Resistance: 1.3361, 1.3379, 1.3394

What it said to watch

  • M15 close above 1.3361 range top opens 1.3379
  • Loss of 1.3350 re-exposes the 1.3342 session low
  • FOMC Minutes 18:00 GMT is the main near-term USD catalyst

06:02 UTC

Downtrend easing, basing near lows · RSI 58 · price 1.33601

Consolidation above session low, probing range top.

Cable ground lower through the London/NY sessions from 1.3394 to a 1.3342 session low, then based through the Asian range. Early London July 8 is nudging above the 1.3358 range top with RSI(14) near 58 and ATR(14) around 4 pips; buyers stepped in off the 1.3349 swing low, but upside stays capped well below the 1.3400 handle that rejected the prior rally.

Support: 1.3349, 1.3342

Resistance: 1.33585, 1.3400

What it said to watch

  • M15 close holding above the 1.3358 range top sustains the recovery
  • Failure back below the 1.3349 swing low reopens the 1.3342 session low
  • FOMC Minutes today 18:00 UTC is the main near-term catalyst for cable

06:01 UTC

Downtrend easing, consolidating · RSI 54 · price 1.33601

Day slide bottoming, mild recovery.

Cable slid from the 1.3394 day high to 1.3342 through the session before basing and grinding back to 1.3360 into pre-London, RSI(14) recovering off oversold to mid-range. Price now sits on the 38.2% retrace of that slide with ATR compressed to ~5 pips in the thin overnight tape.

Support: 1.33419, 1.3350

Resistance: 1.3378, 1.33937

What it said to watch

  • M15 close above 1.3378 (prior swing) would end the lower-high sequence
  • Loss of 1.3342 session low reopens the downside
  • FOMC Minutes 18:00 UTC is the main near-term catalyst for cable

05:47 UTC

Intraday downtrend, now consolidating · RSI 53 · price 1.33581

Lower highs into a base near 1.3342, sideways drift.

NY session drove cable off the 1.3394 high down to 1.3342 as the USD firmed on the Hormuz safe-haven bid, printing a chain of lower highs. Asian session has based twice at 1.3342 (double bottom) and is grinding sideways in a thin 1.3350-1.3360 range, RSI back to neutral.

Support: 1.3350, 1.3342

Resistance: 1.3360, 1.3390

What it said to watch

  • M15 close above 1.3360 range top challenges the lower-highs sequence
  • loss of 1.3342 double bottom confirms continuation of the session drop
  • FOMC minutes 18:00 UTC could materially shift this USD-driven read

05:46 UTC

Downtrend easing into consolidation · RSI 53 · price 1.33581

Tight range near session lows after leg down from 1.3394.

Cable drifted down from 1.3394 to a 1.3342 session low, then flattened into a tight 1.3350-1.3359 band through the low-volume Asia hours. Sterling remains pinned under the 1.3350-1.3450 cap flagged post-Hormuz USD bid; RSI(14) neutral near 53 with no momentum edge as London gets going.

Support: 1.3350, 1.33419

Resistance: 1.3359, 1.3366

What it said to watch

  • M15 close above 1.3359 range top opens the 1.3366 prior high
  • Loss of 1.3350 psych exposes the 1.3342 session low
  • FOMC Minutes ahead the dominant USD driver — could break this range

05:31 UTC

Downtrend, momentum flattening · RSI 46 · price 1.33537

Sold off from session highs, now ranging tight.

M15 rolled over from the London high near 1.3394, printing lower highs down to a 1.3342 session low as the Hormuz-driven USD bid capped cable under 1.3400. Price has since coiled into a tight 1.3350-1.3358 range through the Asian hours, RSI(14) hovering mid-40s with no directional edge.

Support: 1.3350, 1.33419

Resistance: 1.3358, 1.3365, 1.3379

What it said to watch

  • Close below 1.3342 confirms a fresh lower low
  • Reclaim above 1.3358 reopens the 1.3365 prior high
  • FOMC Minutes 18:00 UTC could materially shift this read via USD

05:31 UTC

Downtrend easing into consolidation · RSI 47 · price 1.33537

Range near session lows after decline from 1.3394.

Cable rolled over from 1.3394 through the US-session slide and is now consolidating 1.3342-1.3359 into the London open, RSI(14) flat mid-40s. Move follows the 1.3400 rejection as the Hormuz-driven USD bid capped the squeeze; buyers stabilised the 1.3342 session low overnight.

Support: 1.3342, 1.33487

Resistance: 1.3359, 1.3400

What it said to watch

  • M15 close above 1.3359 reopens the 1.3400 handle
  • Failure to hold 1.3342 extends the decline
  • FOMC Minutes 18:00 GMT could materially shift this read via USD

05:16 UTC

Downtrend off 1.3394, momentum flat · RSI 50 · price 1.33553

Lower highs, consolidating near session lows.

Cable slid from the 1.3394 session high through London-NY to a 1.3419 low, then went flat in late Asian hours around 1.3355 on thin volume. Rejected 1.3400 handle per the safe-haven USD bid; range top at 1.3358 caps for now, RSI(14) neutral near 50.

Support: 1.33419, 1.3330

Resistance: 1.3358, 1.3379, 1.3400

What it said to watch

  • Close above 1.3358 range top would break the intraday consolidation higher
  • Loss of 1.3342 swing low confirms continuation toward the 1.3300 pivot
  • FOMC Minutes (18:00 GMT) is the dominant USD driver and could reset this range

05:16 UTC

Downtrend, momentum flattening · RSI 49 · price 1.33553

Lower highs off 1.3394, consolidating near lows.

Cable rejected the 1.3394 session high early and ground lower through London-NY toward 1.3342, in line with the safe-haven USD bid after Hormuz headlines. Now consolidating 1.3350-1.3359 through the thin Asian session, RSI(14) back to neutral near 49.

Support: 1.33487, 1.33419

Resistance: 1.3359, 1.33712

What it said to watch

  • M15 close above 1.3359 swing high opens a retest of 1.3371
  • Failure to hold 1.3342 session low extends the lower-low sequence
  • FOMC minutes (18:00 UTC) is the dominant near-term USD driver

05:01 UTC

Downtrend easing into consolidation · RSI 51 · price 1.33536

Range after lower highs, holding above session low.

Cable slid through the London-NY hours from 1.3394 to a swing low at 1.3342 as a Hormuz-driven oil/USD bid firmed the dollar, then stabilised into thin Asia trade. Now ranging 1.3345-1.3358 with RSI(14) flat near 50 and price pinned around EMA20 but below EMA50; no setup in play.

Support: 1.33487, 1.33419

Resistance: 1.3359

What it said to watch

  • M15 close above 1.3359 breaks the consolidation top
  • Loss of 1.3342 confirms a fresh lower low
  • FOMC minutes 18:00 UTC could shift the USD tone

05:01 UTC

Downtrend, now consolidating · RSI 49 · price 1.33536

Lower highs into tight Asian range.

Cable ground lower through the NY session on renewed USD demand from Hormuz/oil headlines, printing a low near 1.3342 before stabilising. Now boxed in a thin 1.3352-1.3359 range in the Asia tail with RSI(14) neutral near 49; no setup in play.

Support: 1.3342, 1.3352

Resistance: 1.3359, 1.3388

What it said to watch

  • M15 close below 1.3342 confirms a fresh lower low
  • Reclaim above 1.3359 opens the path back to 1.3388
  • FOMC minutes at 18:00 UTC is the near-term USD swing factor

04:46 UTC

Intraday downtrend, now flat · RSI 47 · price 1.33532

Lower highs, base building above session low.

Cable ground lower through the London-NY session, printing a session low at 1.3342 as USD held a Hormuz safe-haven bid, and is now flat around 1.3353 in thin Asia trade. Range is 1.3342-1.3358 with RSI neutral near 47; no setup in play.

Support: 1.3342, 1.3350

Resistance: 1.3358, 1.3373

What it said to watch

  • M15 close above 1.3358 opens the path back to 1.3373
  • Break below 1.3342 extends the lower-low sequence
  • FOMC minutes 18:00 UTC could materially shift this read

04:46 UTC

Downtrend, now consolidating · RSI 45 · price 1.33532

Lower highs into a base near session lows.

Cable rolled over from 1.3394 through the NY session and is now consolidating in thin Asian trade between 1.3342 and 1.3358, capped below the layered 1.3400 resistance the digest flags. RSI(14) mid-range around 45; no momentum thrust in either direction.

Support: 1.33419, 1.3330

Resistance: 1.33582, 1.3394, 1.3400

What it said to watch

  • M15 close below 1.33419 confirms a lower low and extends the downtrend
  • Reclaim of 1.33582 range top needed to relieve the pressure
  • FOMC Minutes at 18:00 UTC is the near-term USD swing factor for this read

04:31 UTC

Downtrend easing into consolidation · RSI 47 · price 1.33524

Ranging near session lows.

Cable slipped from the 1.3394 high into 1.3342 on renewed USD demand tied to Hormuz headlines, then flattened into a tight 1.3342-1.3358 range through the Asia session. RSI(14) sits mid-range near 46 with no momentum extreme; price is hugging EMA20 while EMA50 caps overhead.

Support: 1.33419, 1.3330

Resistance: 1.3358, 1.33937

What it said to watch

  • FOMC minutes at 18:00 UTC could materially shift this read
  • M15 close below 1.3342 confirms a fresh lower-low
  • Reclaim of 1.3358 range top opens the path back toward 1.3394

04:31 UTC

Downtrend cooling into consolidation · RSI 47 · price 1.33524

Range-bound near 1.3352 after slide.

Cable slid from 1.3394 through the NY session to a 1.33419 swing low, driven by the Hormuz-led USD bid, and is now grinding sideways around 1.3352 in thin Asian trade. Price sits below EMA20/50 with RSI(14) mid-range; no directional impulse into London open.

Support: 1.33487, 1.33419

Resistance: 1.3359, 1.33627, 1.3370

What it said to watch

  • M15 close above 1.3359 swing high reopens 1.3363/1.3370
  • Break below 1.33419 swing low confirms a fresh lower-low
  • FOMC minutes at 18:00 UTC is the near-term USD catalyst for this range

04:16 UTC

Drifting lower, momentum fading · RSI 46 · price 1.33523

Lower highs into consolidation near lows.

Cable ground lower through the NY-Asia window from 1.3394, capped by USD firmness on Hormuz headlines and stacked resistance near 1.3400. Price has since coiled between 1.33419 and 1.33590 in early Asia/pre-London hours, RSI(14) neutral near 46 with ATR compressed to ~5 pips.

Support: 1.33487, 1.33419

Resistance: 1.3359, 1.3374

What it said to watch

  • M15 close above 1.33590 would break the consolidation ceiling and target the prior swing at 1.33740
  • Break below 1.33419 confirms a lower low and extends the decline
  • FOMC minutes 18:00 UTC could materially shift the USD read

04:16 UTC

Downtrend easing, now consolidating · RSI 46 · price 1.33523

Lower highs into a base near the lows.

Cable ground lower through the window from 1.3394 to a 1.33419 swing low, and is now consolidating 1.3342-1.3359 in thin Asian trade with a firm USD on Hormuz safe-haven demand. RSI(14) is neutral near 46 with no divergence; the session high at 1.3359 caps for now.

Support: 1.33419, 1.3330

Resistance: 1.3359, 1.3374, 1.33937

What it said to watch

  • M15 close below 1.33419 confirms a fresh lower low toward 1.3330
  • Reclaim of 1.3359 needed to challenge the 1.3374 prior swing
  • FOMC minutes 18:00 UTC could materially shift this read

04:01 UTC

Downtrend, momentum flattening · RSI 48 · price 1.33535

Consolidating above session low after drift lower.

Cable slid from 1.3394 to a 1.3342 session low through London-NY hours on firmer USD as Hormuz headlines revived safe-haven demand, and is now consolidating 1.3342-1.3358 in quiet Asian trade. RSI(14) sits mid-range near 48 with no momentum extreme.

Support: 1.3342, 1.3300

Resistance: 1.3358, 1.3377

What it said to watch

  • M15 close above 1.3358 targets the 1.3377 swing high
  • Loss of 1.3342 confirms a lower-low toward 1.3300
  • FOMC minutes 18:00 UTC could materially shift this read

04:01 UTC

Downtrend, now consolidating · RSI 46 · price 1.33535

Lower highs into a tight low-1.335s range.

Cable bled from 1.3390 toward a 1.3342 session low through the NY session as Hormuz-driven oil and safe-haven USD demand capped the Pound. Price is now consolidating in the low 1.335s on thin Asian-hours flow, RSI(14) neutral near 46 after the decline.

Support: 1.3342, 1.3348, 1.3300

Resistance: 1.3359, 1.3373

What it said to watch

  • M15 close below 1.3342 extends the lower-low sequence toward the 1.3300 trigger
  • Reclaim of 1.3359 negates the consolidation and reopens 1.3373
  • FOMC minutes (Wed 18:00 UTC) are the near-term USD swing factor for this pair

03:46 UTC

Downtrend easing into consolidation · RSI 51 · price 1.33554

Lower highs from 1.3394, basing above 1.3342.

Cable ground lower through the NY session, printing a session low at 1.33419 before buyers lifted it back to the 1.3355 area, where it now sits flat in thin Asia trade. RSI(14) has recovered to mid-range off the lows; price holds above EMA20 but under EMA50, consistent with a stalled downtrend, not a reversal.

Support: 1.33487, 1.33419

Resistance: 1.3359, 1.33745

What it said to watch

  • M15 close above 1.3359 opens the path back to 1.33745
  • Failure to hold 1.33419 confirms a fresh lower low
  • FOMC minutes 18:00 UTC could materially shift this read

03:46 UTC

Downtrend, momentum flattening · RSI 49 · price 1.33554

Consolidating near session lows.

Cable slid through the NY session from 1.3394 toward 1.3342 as Hormuz-driven USD demand capped the Pound, and has since coiled in a tight 1.3342-1.3359 band through Asia hours. RSI(14) is neutral near 49 with price hugging EMA20 but pinned below EMA50 — no directional impulse in play.

Support: 1.33463, 1.33419

Resistance: 1.3359, 1.3373

What it said to watch

  • M15 close below 1.33419 confirms a fresh lower low
  • Close above 1.33730 breaks the consolidation and reopens the 1.3394 area
  • FOMC minutes 18:00 UTC could materially shift this read

03:31 UTC

Downtrend, momentum flattening · RSI 49 · price 1.33566

Basing after leg down, consolidating low 1.3350s.

Cable ground lower through the London-NY hours from 1.3392, bottoming at 1.3342 as renewed Hormuz tension and a firmer USD capped the pair. Asia is now consolidating just under 1.3359 with RSI(14) back at neutral; price holding above the EMA20 but capped by the EMA50.

Support: 1.33419, 1.33487

Resistance: 1.3359

What it said to watch

  • M15 close above 1.3359 would break the Asian consolidation top
  • Failure to hold 1.33419 confirms continuation of the down leg
  • FOMC minutes Wed 18:00 UTC could materially shift this read

03:31 UTC

Downtrend, momentum flattening · RSI 51 · price 1.33566

Lower highs into low-1.3350s consolidation.

Cable ground lower through the session from the 1.3390 prior high to a 1.3342 session low, buyers then stepping in twice to hold that floor; price now consolidates in the low 1.3350s with RSI mid-range and ATR near 5 pips in thin Asia hours. Downside pressure ties to a firmer USD on Hormuz safe-haven flows.

Support: 1.3342, 1.3300

Resistance: 1.3359, 1.3390

What it said to watch

  • M15 close above 1.3359 recent high reopens 1.3390
  • Failure to hold 1.3342 confirms a fresh lower low
  • FOMC minutes 18:00 UTC could materially shift this read

03:17 UTC

Downtrend stalling, shallow bounce · RSI 55 · price 1.33581

Basing near session low after lower-high sequence.

Cable ground lower through the London-NY sessions to a session low of 1.3419 as renewed Hormuz tensions revived USD demand, then based and recovered into thin Asia trade to 1.3358. Price is grinding back into the 1.3363 swing high on light volume; RSI mid-range, no momentum extreme.

Support: 1.33487, 1.33419

Resistance: 1.3363, 1.33745

What it said to watch

  • Reclaim of 1.33630 swing high would break the lower-high sequence
  • Loss of 1.33419 session low confirms a fresh lower-low
  • FOMC minutes Wed 18:00 UTC could materially shift this read

03:17 UTC

Downtrend, bounce off lows · RSI 55 · price 1.33581

Double bottom near 1.3342, recovering.

Cable ground lower through NY hours into a double bottom near 1.3342, held twice. Asia session has recovered to 1.3358 with RSI back to mid-range; the 1.3342 base is intact while 1.3363 swing caps the bounce.

Support: 1.33419, 1.3349

Resistance: 1.3363, 1.3371

What it said to watch

  • M15 close below 1.3342 negates the double bottom and opens the prior low path
  • Reclaim of 1.3363 swing needed to challenge 1.3371 prior high
  • FOMC minutes at 18:00 UTC could materially shift this read

03:01 UTC

Downtrend, drifting into consolidation · RSI 48 · price 1.3354

Lower highs, basing near session low.

Cable ground lower through London-NY, printing a string of lower highs from 1.3394 into a 1.3342 low, and is now consolidating around 1.3350 in thin early-Asia trade. USD stayed firm on the Hormuz safe-haven bid, keeping the pound capped below 1.3355; RSI(14) is mid-range with no extreme.

Support: 1.3342, 1.3300

Resistance: 1.3355, 1.3379

What it said to watch

  • M15 close below 1.3342 confirms a lower low, opening the path toward 1.3300
  • Reclaim of 1.3355 needed to challenge 1.3379
  • FOMC minutes Wed 18:00 UTC is the near-term USD swing factor

03:01 UTC

Downtrend, basing · RSI 47 · price 1.3354

Lower highs, lower lows into 1.3342 base.

Cable stair-stepped lower through the window from 1.3393 to a base at 1.3342, USD firmer on the Hormuz safe-haven bid. Price now consolidating near 1.3350 in thin Asia trade, RSI back to neutral after the London-session slide. Descending highs still cap the recovery.

Support: 1.3342, 1.3300

Resistance: 1.3376, 1.3392

What it said to watch

  • M15 close above 1.3376 breaks the lower-high chain
  • Failure to hold 1.3342 opens the path toward 1.3300
  • FOMC minutes 18:00 UTC could materially shift this read

02:47 UTC

Downtrend, momentum easing · RSI 46 · price 1.33531

Lower highs, basing near 1.3345.

Cable drifted from the 1.3396 window high down to a 1.3342 swing low, capped by a chain of lower highs as GBP stays boxed below the 1.3400 pivot. Thin Asian-session flow now, buyers stepping in around 1.3342 with price basing near 1.3353; no clean setup in play.

Support: 1.33419, 1.3352, 1.3300

Resistance: 1.33592, 1.3377, 1.3400

What it said to watch

  • Close back above 1.3359 breaks the descending lower-high line
  • Failure to hold 1.3342 confirms continuation lower toward 1.3300
  • FOMC minutes later today (18:00 UTC) could materially shift this read

02:46 UTC

Downtrend, momentum slowing · RSI 49 · price 1.33531

Lower highs into a low base, now consolidating.

Cable ground lower through the NY session from 1.3394, bottoming at the 1.3342 session low, and is now flat around 1.3353 in early Asian hours. RSI(14) sits mid-range near 48 after the slide; a firm USD on Hormuz safe-haven demand has capped rebounds under the layered 1.3400 resistance.

Support: 1.33419, 1.33487

Resistance: 1.33577, 1.3373, 1.3400

What it said to watch

  • Close above 1.33577 breaks the consolidation top and challenges the descending highs
  • Loss of 1.33419 confirms a fresh lower low
  • FOMC minutes at 18:00 UTC later today could materially shift this read

02:31 UTC

Downtrend, momentum slowing near lows · RSI 44 · price 1.33528

Lower highs into Asia, holding above session low.

Cable ground lower through NY into Asia, printing a session low at 1.33419 before a shallow bounce back to 1.33528; move tied to the Hormuz-driven USD safe-haven bid. RSI(14) recovering off the mid-40s and price chopping in a tight 1.33419-1.33590 band during thin Asia hours.

Support: 1.33419, 1.33487, 1.3330

Resistance: 1.33546, 1.3359

What it said to watch

  • Close above 1.33590 negates the near-term lower-high sequence
  • Break below 1.33419 opens continuation toward 1.33300
  • FOMC minutes at 18:00 UTC could materially shift this USD read

02:31 UTC

Downtrend, stabilising near lows · RSI 48 · price 1.33528

Lower highs into a base near 1.3342.

Cable ground lower through the window from 1.3394, printing a double low near 1.3342 as a Hormuz-driven USD bid weighed. Price has recovered to 1.3353, back above EMA20 but capped under the 1.33546 recent high; RSI(14) neutral off the lows.

Support: 1.33419, 1.33487

Resistance: 1.33546, 1.33627

What it said to watch

  • M15 close above 1.33546 opens the path to 1.33627
  • Failure to hold 1.33419 confirms a fresh lower low
  • FOMC minutes later today could materially shift the USD read

02:16 UTC

Downtrend, momentum easing · RSI 44 · price 1.3352

Lower highs, consolidating near session low.

Cable ground lower through the NY session from 1.3395 to a session low at 1.3342 as Hormuz headlines revived USD demand, capping the pair below the 1.3400 pivot. Thin Asia-hours trade has price chopping around 1.3352 with RSI(14) recovering off oversold into the mid-40s; no fresh direction in play.

Support: 1.3342, 1.3300

Resistance: 1.3355, 1.3375, 1.3400

What it said to watch

  • Break below 1.3342 session low confirms a lower low, opening 1.3300
  • M15 close back above 1.3375 negates the near-term lower-high structure
  • FOMC minutes (18:00 UTC) is the USD swing factor once liquidity returns

02:16 UTC

Downtrend, consolidating near lows · RSI 44 · price 1.3352

Lower highs, lower lows; basing above session low.

Cable ground lower through the NY session, stacking lower highs off 1.3393 and printing a session low at 1.3342 as a firmer USD (Hormuz safe-haven bid) capped the Pound. Now consolidating 1.3342–1.3355 in thin Asian hours with RSI(14) mid-range; no impulse in play.

Support: 1.3342, 1.3300

Resistance: 1.3355, 1.3363

What it said to watch

  • Reclaim of 1.3363 breaks the lower-high chain and negates the downtrend read
  • Loss of 1.3342 exposes the 1.3300 downside trigger
  • FOMC minutes (18:00 UTC) is the near-term USD swing factor

02:01 UTC

Downtrend, momentum slowing · RSI 44 · price 1.33491

Lower highs into thin-session consolidation.

Cable ground lower through the session from 1.3394 to a low of 1.3342 as a Hormuz-driven USD bid weighed, price stalling well below the 1.3400 cap. Thin Asia hours have it drifting in a tight 1.3342-1.3355 band, RSI(14) cooling near 43.

Support: 1.33419, 1.33487

Resistance: 1.33549, 1.33576, 1.3366

What it said to watch

  • M15 close below 1.33419 confirms a fresh lower low
  • Reclaim of 1.33549 needed to break the lower-highs sequence
  • FOMC minutes at 18:00 UTC could materially shift this read

02:01 UTC

Intraday downtrend, near session lows · RSI 43 · price 1.33491

Chain of lower highs and lower lows.

Cable ground steadily lower from 1.3400 through the NY session and Asia, printing successive lower highs and now hovering just above the 1.3342 session low. USD firm on Hormuz safe-haven flows kept pressure on the Pound; RSI(14) subdued in the low 40s, not yet oversold.

Support: 1.3342, 1.3300

Resistance: 1.3355, 1.3363, 1.3400

What it said to watch

  • M15 close back above 1.3355 breaks the descending-highs structure
  • Failure to hold 1.3342 opens the path toward 1.3300
  • FOMC minutes 18:00 UTC could materially shift this read

01:46 UTC

Downtrend, momentum easing · RSI 42 · price 1.33463

Lower highs, lower lows.

Cable drifted lower through the thin Asia session, printing a fresh session low at 1.33419 as DXY held firm near 100.90. RSI(14) sits in the low 40s with price under EMA20/50; the lower-high sequence stays intact below 1.33549.

Support: 1.33419, 1.3340

Resistance: 1.33549, 1.33577

What it said to watch

  • M15 close back above 1.33549 breaks the lower-high sequence
  • Loss of 1.33419 opens the 1.3400 round number
  • FOMC minutes at 18:00 UTC could materially shift this read

01:46 UTC

Downtrend, momentum steady · RSI 41 · price 1.33463

Lower highs, lower lows into session low.

Cable ground lower through the NY session and into Asia, capped near the 1.3400 handle as DXY firmed, printing a chain of lower highs and lower lows down to 1.33419. Price sits below EMA20/EMA50 with RSI mid-40s — no reversal signal yet, just a grinding fade.

Support: 1.33419, 1.3340

Resistance: 1.33525, 1.33575

What it said to watch

  • M15 close back above 1.33525 breaks the lower-high chain
  • Failure to hold 1.33419 opens the 1.3400 round number
  • FOMC minutes 18:00 UTC could materially shift this read

01:31 UTC

Downtrend, drifting into session lows · RSI 43 · price 1.33481

Lower highs, lower lows.

Cable ground lower through the European/NY sessions, rejected near 1.3400 as DXY firmed ~100.90, and is now churning in a thin Asian range just above the 1.33427 session low. RSI(14) mid-40s, no momentum extreme; price sits below EMA20 and EMA50.

Support: 1.33427, 1.3338

Resistance: 1.33549, 1.33611, 1.3380

What it said to watch

  • M15 close below 1.33427 confirms a fresh lower-low
  • Reclaim of 1.33549 needed to challenge the 1.33611 swing high
  • FOMC minutes 18:00 UTC could materially shift this read

01:31 UTC

Downtrend, momentum easing · RSI 42 · price 1.33481

Lower highs, lower lows; coiling near session low.

Cable faded from the 1.3400 handle through NY and printed session lows at 1.33427, matching the layered resistance read as DXY held ~100.90. Price is now drifting in thin Asia trade around 1.3348, holding below EMA20/50 with RSI(14) mid-40s — no fresh impulse.

Support: 1.33427, 1.33487

Resistance: 1.33549, 1.33611, 1.3373

What it said to watch

  • M15 close above 1.3355 breaks the lower-high sequence and eases the downside read
  • Failure to hold 1.33427 opens the 1.3330/1.3320 support zone
  • FOMC minutes at 18:00 UTC could materially shift this read

01:16 UTC

Downtrend, momentum slowing · RSI 43 · price 1.33517

Lower highs and lows, now ranging near session lows.

Cable ground lower through the NY session, printing a session low at 1.33427 before stabilising near 1.3352 in early Asia. RSI(14) around 43 after cooling with the sell-off; price is pinned below EMA20/50 and consolidating between 1.33427 and 1.33575, in line with the layered 1.3400-1.3520 resistance capping the broader move.

Support: 1.33427, 1.33487

Resistance: 1.33575, 1.33627, 1.3373

What it said to watch

  • M15 close below 1.33427 confirms a fresh lower low
  • Reclaim of 1.33575 opens the path back to 1.33627
  • FOMC minutes at 18:00 UTC a swing factor for the USD leg

01:16 UTC

Downtrend, momentum easing · RSI 46 · price 1.33517

Lower highs, consolidating near session low.

Cable ground lower off 1.3400 through London-NY, bottoming at 1.33427 before stabilising near 1.3350 in thin late-session trade. RSI(14) mid-40s and price holding below EMA20/50, with a firm DXY ~100.90 capping the bounce.

Support: 1.33427, 1.33487

Resistance: 1.33549, 1.33627, 1.3374

What it said to watch

  • M15 close above 1.33549 breaks the lower-high chain
  • Failure to hold 1.33427 confirms a fresh lower-low
  • FOMC minutes today 18:00 UTC could materially shift this read

01:01 UTC

Downtrend, consolidating near lows · RSI 44 · price 1.33524

Lower highs, lower lows; tight range into Asia.

Cable sold off through the NY session from 1.3390 into the 1.3320-1.3350 support zone as the dollar firmed, printing a chain of lower highs. Price is now grinding sideways just above 1.3350 in thin Asia liquidity, capped by the 1.33576 session high with the 1.33427 swing low unbroken.

Support: 1.33427, 1.33487

Resistance: 1.33576

What it said to watch

  • M15 close below 1.33427 confirms a fresh lower low
  • Reclaim of 1.33576 would break the descending-highs sequence
  • FOMC minutes (Wed 18:00 UTC) via USD could reset this read

01:01 UTC

Downtrend, momentum slowing · RSI 44 · price 1.33524

Lower highs, lower lows; stabilising sub-1.3360.

Cable trended lower through NY hours after stalling into the 1.3400 wall, sliding to 1.3343 before a shallow bounce into the thin Asia session. Price now hovers at 1.3352 below EMA20/50 with RSI(14) mid-40s; the 1.3343 low is the near-term pivot.

Support: 1.33427, 1.33487, 1.3320

Resistance: 1.3359, 1.3394, 1.3400

What it said to watch

  • M15 close below 1.3343 confirms the next lower-low
  • Reclaim of 1.3359 session high would ease downside pressure
  • FOMC minutes (Wed 18:00 UTC) is the main USD-side catalyst

00:46 UTC

Downtrend, momentum easing · RSI 43 · price 1.33521

Lower highs, shelf broken.

M15 rolling over — Cable faded from the 1.3400 wall and broke the 1.3350 shelf into the Asia session, printing a session low at 1.33427 before a shallow recovery. RSI(14) mid-40s, price below EMA20/50; the bounce is stalling around 1.33576.

Support: 1.33427, 1.3332

Resistance: 1.33576, 1.33627, 1.3373

What it said to watch

  • Failure to hold 1.33427 confirms a lower low, exposing 1.33320
  • M15 close above 1.33627 negates the near-term downside structure
  • FOMC minutes Wed 18:00 UTC is the main USD catalyst for the next leg

00:46 UTC

Downtrend, slowing into Asia · RSI 43 · price 1.33521

Lower highs, lower lows; basing near session low.

Cable slid from 1.3400 through the NY session to a low of 1.33427, then stabilised into a thin Asia range around 1.3350 with RSI(14) in the mid-40s. Move ties to a firmer USD (DXY ~100.90) capping GBP short-covering at the 1.3400 wall; downtrend intact but momentum flat on low volume.

Support: 1.33427, 1.3335

Resistance: 1.3358, 1.33627

What it said to watch

  • Close below 1.33427 confirms a fresh lower low
  • Reclaim of 1.33580 range top negates the near-term down structure
  • FOMC minutes Wed 18:00 UTC via USD could reshape this read

00:31 UTC

Downtrend, momentum slowing · RSI 43 · price 1.3350

Lower highs into late-session consolidation.

Cable slid through NY from 1.3394 to a 1.3343 swing low, printing a clean chain of lower highs as DXY held near 100.90. Price has since gone quiet in thin Asian trade, pinned in a 1.3343–1.3358 range with RSI(14) around 43.

Support: 1.3343, 1.3320

Resistance: 1.3358, 1.3376

What it said to watch

  • M15 close below 1.3343 opens the 1.3320 key support
  • Reclaim above 1.3376 prior swing breaks the lower-high chain
  • FOMC minutes (Wed 18:00 UTC) could materially shift the USD side

00:31 UTC

Downtrend, momentum slowing · RSI 44 · price 1.3350

Lower highs, lower lows; now consolidating near session lows.

Cable ground lower through NY into Asia after stalling at the 1.3400/200-EMA wall, and is now consolidating a thin 1.3343–1.3358 range on fading Asian-session volume. RSI sits mid-40s with no divergence; price holds below EMA20 and EMA50.

Support: 1.3343, 1.3320

Resistance: 1.3358, 1.3390, 1.3400

What it said to watch

  • M15 close above 1.3358 negates the consolidation and reopens 1.3390
  • Break below 1.3343 exposes the 1.3320 support
  • FOMC minutes (18:00 UTC) via USD could shift this read

00:16 UTC

Downtrend, momentum slowing · RSI 43 · price 1.33485

Lower highs / lower lows, now flat.

Cable slid through the NY session from 1.3390 toward the 1.3343 session low as DXY held firm near 100.90, then went flat in thin Asia hours. Price is coiling just above 1.3343 under a declining resistance line, RSI(14) mid-40s and ATR compressed on light volume.

Support: 1.3343, 1.3300

Resistance: 1.3352, 1.3358

What it said to watch

  • M15 close above 1.3358 negates the lower-high sequence
  • Break below 1.3343 opens room toward the 1.3300 handle
  • FOMC minutes Wed 18:00 UTC via USD could reshape this read

00:16 UTC

Downtrend, momentum weak · RSI 40 · price 1.33485

Lower highs, lower lows into Asia.

Cable was rejected under the 1.3400 wall earlier and has ground lower through NY into Asia, printing a fresh session low at 1.33427 before a shallow bounce to 1.33485. RSI(14) near 40 and price pinned below EMA20/50 — sellers still in control on this TF.

Support: 1.33427, 1.3352, 1.3350

Resistance: 1.3357, 1.33627, 1.34015

What it said to watch

  • M15 close back above 1.3357 range top negates the lower-high sequence
  • Break and hold below 1.33427 opens 1.3350 round number
  • FOMC minutes (Wed 18:00 UTC) via USD could reset this read

00:01 UTC

Downtrend, momentum fading · RSI 37 · price 1.33451

Lower highs, lower lows.

Cable ground lower through the Asia session, fading from the 1.3400 wall to fresh session lows at 1.33449 on thin late-session volume. Price broke below the 1.3350–1.3358 consolidation and has yet to reclaim it; RSI(14) mid-30s, not yet oversold.

Support: 1.33449, 1.33487

Resistance: 1.33576, 1.33627, 1.34015

What it said to watch

  • Reclaim of 1.33576 negates the intraday breakdown read
  • Failure to hold 1.33449 opens the path toward the 1.3332 support zone
  • FOMC minutes (Wed 18:00 UTC) via USD could reset this read

00:01 UTC

Downtrend, fresh session low · RSI 36 · price 1.33451

Lower highs and lower lows.

Cable faded from the 1.3400 wall through the day and printed a fresh session low at 1.33449 on the last bar in thin Asian trade. Lower-high/lower-low chain intact with RSI soft near 36 and no bounce yet; price now sits atop the 1.3320-1.3350 support zone.

Support: 1.33449, 1.3352, 1.3320

Resistance: 1.33575, 1.3366, 1.3400

What it said to watch

  • M15 close below 1.33449 extends the downdraft toward the 1.3320 support
  • Reclaim of 1.33575 negates the lower-low sequence
  • FOMC minutes Wed could materially shift the USD read

All markets that day · Today’s GBP/USD Live Scan in the terminal