GBP/USD AI Live Scan, 15-minute chart, Thursday, 8 October 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

Recovering intraday, flattening below range top · RSI 52 · price 1.32273

Higher lows since NY pullback, capped at 1.3235.

Price bounced from the 1.3184 London low after Waller's remarks and spiked to a 1.3248 day high during NY hours. That high was rejected. Since then price has built higher lows at the 1.3203 swing low, the 1.3217 higher low and the 1.3221 rollover low, but the 1.3235 range top has capped three times, and early Asia is drifting near the 38.2% fib with RSI(14) neutral at 52.

Support: 1.3221, 1.3217, 1.3203

Resistance: 1.3235, 1.3248

What it said to watch

  • M15 close above the 1.3235 range top reopens the 1.3248 day high
  • Break of the 1.3217 higher low ends the higher-lows sequence and exposes the 1.3203 swing low near the 61.8% fib
  • Price is pressing the higher-lows line; thin Asia session conditions can distort a break
  • UoM sentiment and inflation expectations Fri 14:00 UTC could materially shift this read

23:32 UTC

Intraday recovery, momentum flattening · RSI 51 · price 1.32283

Higher lows under a flat 1.3234 cap.

Waller's dovish-leaning comments lifted price off the 1.3184 London low to a 1.3248 NY high, which was rejected and faded to the 1.3203 NY low. Late NY then carved higher lows along a rising trendline, with price compressing just under the 1.3234 range cap in thin early Asia trade. RSI(14) is neutral near 51.

Support: 1.3221, 1.3203, 1.3184

Resistance: 1.3234, 1.3248

What it said to watch

  • M15 close above the 1.3234 range cap reopens the 1.3248 NY high
  • Break of the 1.3221 higher low and the rising trendline exposes the 1.3203 NY low
  • Loss of the 1.3184 London low puts the 1.3200 floor read under strain
  • US UoM sentiment and inflation expectations Fri 14:00 UTC could materially shift this read

23:16 UTC

Intraday uptrend from London low, stalling under 1.3234 · RSI 49 · price 1.32291

Higher lows (1.3203, 1.3217, 1.3221) pressing into flat highs at 1.3234.

Waller's remarks that hikes need not come at consecutive meetings lifted cable off the 1.3184 London low. It spiked to a 1.3248 day high in NY before fading to the 1.3203 NY low. Since then, higher lows at 1.3217 (swing low) and 1.3221 (rollover low) have compressed price into a range top near 1.3234, rejected three times, with early Asia session trade quiet and ATR down to ~4.6 pips.

Support: 1.32209, 1.32172, 1.32034

Resistance: 1.3234, 1.32483

What it said to watch

  • M15 close above the 1.3234 range top breaks the flat-highs cap and exposes the 1.3248 day high
  • Failure to hold the 1.3221 rollover low and rising trendline shifts focus to the 1.3217 swing low
  • Loss of the 1.3203 NY low reopens the 1.3200 floor and undoes the post-Waller rebound
  • Fri 14:00 UTC UoM sentiment and inflation expectations, plus Fed's Collins, could materially shift this read

23:01 UTC

Intraday recovery, momentum flattening · RSI 54 · price 1.32293

Higher lows pressing a flat 1.3234 cap.

The pair rebounded from the 1.3184 London low as Waller's October-pause signal softened the USD, but the NY spike to 1.3248 (ny high) met a sharp rejection. Since then the range top at 1.3234 has capped three tests while higher lows at 1.3203, 1.3217 and 1.3221 compress price beneath it into the Asia session open, with RSI(14) neutral at 54.

Support: 1.3221, 1.3203, 1.3184

Resistance: 1.3234, 1.3248

What it said to watch

  • M15 close above 1.3234 range top opens a retest of the 1.3248 ny high
  • Break of the 1.3221 higher low and the higher-lows trendline returns focus to the 1.3203 swing low
  • Loss of the 1.3184 london low would break the 1.3200 floor
  • UoM sentiment and inflation expectations Fri 14:00 UTC are the next USD catalyst

22:31 UTC

Intraday recovery, compressing under highs · RSI 57 · price 1.32324

Higher lows below a flat 1.3235 cap after NY rally.

NY rallied from the 1.3184 London low to a 1.3248 NY high as Waller's comments on non-consecutive hikes outweighed solid US claims. The pullback low at 1.3203 held near the 70% fib of that move. Since then rising lows at 1.3217 and the 1.3221 rollover low have compressed price under the 1.3235 swing high, with RSI(14) neutral near 57 into early Asia.

Support: 1.32209, 1.32172, 1.32034

Resistance: 1.32347, 1.32483

What it said to watch

  • M15 close above the 1.3235 swing high opens the 1.3248 NY high
  • Break of the rising lows line and the 1.3221 rollover low exposes the 1.3217 swing low
  • Loss of the 1.3203 pullback low puts the 1.3200 range floor back in play
  • Thin Asia session liquidity. Next USD risk is UoM sentiment Fri 14:00 UTC

22:16 UTC

Recovering intraday, momentum flattening · RSI 58 · price 1.32304

Higher lows compressing under a flat 1.3235 cap.

GBPUSD rebounded from the 1.3184 London low as Waller's comments and oil-led USD softness hit the dollar. It spiked to a 1.3248 session high, met rejection there, and the pullback held near the 61.8% fib of the London-NY leg at the 1.3203 NY low. Higher lows at the 1.3217 swing low and the 1.3221 rollover low are now compressing price under a 1.3235 range cap into the Asia session, with RSI(14) at a neutral 58 and ATR near 6 pips.

Support: 1.3221, 1.3217, 1.3203

Resistance: 1.3235, 1.3248

What it said to watch

  • M15 close above the 1.3235 range cap opens a retest of the 1.3248 session high
  • Break below the 1.3221 rollover low and the 1.3217 swing low ends the higher-low chain and exposes the 1.3203 NY low
  • Thin Asia session liquidity after the NY close may keep the range cap and rising support intact until London

22:01 UTC

Intraday recovery, compressing under cap · RSI 58 · price 1.32294

Higher lows pressing a flat 1.3235 range cap.

London set the day low at 1.3184 before a NY spike through the 1.3222 Asian high, helped by Waller saying hikes need not come at consecutive meetings, tagged 1.3248 and was rejected back to the 1.3203 NY low. Since then the swing low at 1.3217 and the rollover low at 1.3221 have formed higher lows into a 1.3235 range cap twice respected. RSI(14) is neutral near 58 heading into a thin Asia session.

Support: 1.32209, 1.32172, 1.32034

Resistance: 1.32347, 1.32483

What it said to watch

  • M15 close above the 1.3235 range cap reopens the 1.3248 spike high
  • Break of the rising-low line and the 1.3221 rollover low shifts focus to the 1.3217 swing low, then the 1.3203 NY low
  • Thin post-rollover liquidity in the Asia session can distort the range edges
  • Fri 14:00 UTC UoM sentiment and inflation expectations are the next USD catalyst for this structure

21:46 UTC

Post-NY consolidation, momentum neutral · RSI 52 · price 1.32251

Lower highs from 1.3248 against higher lows from 1.3203, range compressing.

GBP/USD rallied off the 1.3184 London low into NY after Waller's comments. It spiked to the 1.3248 NY high and was rejected, and has since printed lower highs at 1.3235/1.3234 against higher lows from the 1.3203 NY low. Price sits at 1.3225 near the 1.3221 late low into the Asia open, holding above the 50% fib of the London-NY rally and the 1.3217 swing low, with ATR down to about 5-6 pips.

Support: 1.3221, 1.3217, 1.3203

Resistance: 1.3234, 1.3248

What it said to watch

  • M15 close above the 1.3234 lower highs breaks the pennant and reopens the 1.3248 NY high
  • Loss of the 1.3221 late low and the 1.3217 swing low (50% fib) breaks the higher-lows line and exposes the 1.3203 NY low
  • Fri 14:00 UTC UoM sentiment and inflation expectations, plus Fed's Collins, could materially shift this read once London/NY trade

21:32 UTC

Range-bound after NY spike, compressing · RSI 53 · price 1.32244

Higher lows vs lower highs since the 1.3248 NY spike high.

London cleared the Asian low and printed a session low at 1.3184. Waller's comments then lifted NY to a 1.3248 high that was rejected within the bar. Since then a higher low at 1.3217 above the 1.3203 NY low, against a lower high near 1.3234, has squeezed price into a tight post-NY consolidation sitting on the ema20.

Support: 1.3217, 1.3203

Resistance: 1.3234, 1.3248

What it said to watch

  • M15 close above the 1.3234 lower high breaks the compression and puts the 1.3248 NY high back in play
  • Failure to hold the 1.3217 higher low exposes the 1.3203 NY low and the 1.3200 floor
  • Thin Asia session liquidity after rollover; UoM sentiment and inflation expectations Fri 14:00 UTC sit beyond this window

21:16 UTC

Recovering from London low, compressing after NY spike · RSI 47 · price 1.32239

Lower highs from 1.3248 against higher lows from 1.3203, forming a pennant.

After the 1.3184 London low, Waller's comments sparked a NY rally to a 1.3248 session high that was quickly rejected. A lower high at 1.3234 and a higher low at the 1.3217 swing low have since squeezed price into a pennant around the 1.3222 Asian high. RSI(14) is neutral near 47 into the Asia session, with ATR around 6 pips.

Support: 1.3217, 1.3203, 1.3184

Resistance: 1.3234, 1.3248

What it said to watch

  • M15 close above the 1.3234 lower high breaks the pennant top and puts the 1.3248 session high back in play
  • Failure to hold the 1.3217 swing low exposes the 1.3203 NY low
  • A break below the 1.3184 London low would breach the 1.3180-1.3200 range floor flagged in the macro read

21:01 UTC

Recovering intraday, momentum flat · RSI 51 · price 1.32289

Higher lows off 1.3203 after NY spike rejection, capped below 1.3235.

Buyers held the London low at 1.3184 near the 1.3200 range floor. Price spiked to the 1.3248 NY high after Waller's comment that hikes need not come at consecutive meetings, then was rejected back to 1.3203. Late NY has printed higher lows along a rising line from the 1.3217 swing low, with the 1.3235 lower high capping the move into the Asia handover.

Support: 1.32172, 1.32034, 1.3200

Resistance: 1.32347, 1.32483

What it said to watch

  • M15 close above the 1.3235 lower high reopens the 1.3248 NY high
  • Break of the rising line and the 1.3217 swing low exposes the 1.3203 NY low and the 1.3200 range floor
  • Thin Asia session liquidity; UMich sentiment and inflation expectations Fri 14:00 UTC are the next scheduled USD risk

20:46 UTC

Neutral after NY spike, compressing · RSI 51 · price 1.32276

Post-spike range 1.3217–1.3235, lower highs vs higher lows.

London drove GBPUSD to a 1.3184 session low at the range floor. NY reversed it on Waller's 'pause' hint, spiking to the 1.3248 ny high before a rejection back to the 1.3203 ny low. Late NY has compressed between the 1.3217 swing low and the 1.3234 lower high, holding above the 38.2% fib of the london low–ny high leg near 1.3224.

Support: 1.3222, 1.3217, 1.3203

Resistance: 1.3234, 1.3248

What it said to watch

  • M15 close above the 1.3234 lower high reopens the 1.3248 ny high
  • Loss of the 1.3222 higher low and the 1.3217 swing low exposes the 1.3203 ny low
  • Thin Asia session likely keeps the range intact; Fri 14:00 UTC UMich sentiment and inflation expectations could materially shift this read

20:31 UTC

Two-way, recovering after London low · RSI 53 · price 1.32254

Post-spike consolidation, higher lows under 1.3234.

London dropped through the Asian range low to 1.3184, then NY reversed the move and spiked to the 1.3248 NY high on Waller's no-consecutive-hikes remark before fading. Since the 1.3203 swing low, the London-NY leg has formed higher lows at 1.3217 and 1.3223, while supply has capped the lower high at 1.3234. Price is compressing near the 38.2% fib in thin post-NY trade.

Support: 1.3217, 1.3203, 1.3184

Resistance: 1.3234, 1.3248

What it said to watch

  • M15 close above the 1.3234 lower high reopens the 1.3248 NY high
  • Break of the 1.3217 higher low ends the higher-lows sequence and exposes the 1.3203 swing low
  • Loss of the 1.3203 swing low puts the 1.3184 london low and the 1.3200 floor back in focus
  • No scheduled risk in the next 8h; UMich sentiment and inflation expectations land Fri 14:00 UTC

20:16 UTC

Intraday recovery, higher lows since NY low · RSI 61 · price 1.32312

Higher lows below the 1.3235 pm high; compressing late NY.

London dipped below the Asian range low to 1.3184 and failed there. NY reversed the move with a spike to a 1.3248 session high after Waller's comments; that spike was rejected and faded to the 1.3203 ny low. Late NY has since printed higher lows at 1.3217 and 1.3223, and price is pressing the 1.3235 pm high at the 61.8% retrace of the spike.

Support: 1.32229, 1.32172, 1.32034

Resistance: 1.32347, 1.32483

What it said to watch

  • M15 close above the 1.3235 pm high opens a retest of the 1.3248 session high
  • Break of the 1.3223 higher low and the higher-lows line shifts focus to the 1.3217 swing low
  • Loss of the 1.3203 ny low puts the 1.3200 range floor back in play
  • Next scheduled USD risk is UMich sentiment and inflation expectations, Fri 14:00 UTC; Asia session hours ahead of it are typically thin

20:01 UTC

Intraday recovery, higher lows since London · RSI 62 · price 1.32309

Higher lows 1.3184/1.3203/1.3217 under a 1.3235-1.3248 cap.

GBPUSD held the 1.3184 London low near the 1.3200 floor, then spiked to the 1.3248 NY high as Waller's 'no consecutive hikes' line softened USD, but the move was rejected. Late NY has built rising lows at the 1.3203 NY low and 1.3217 swing low, and price is pressing the 1.3235 swing high.

Support: 1.3217, 1.3203

Resistance: 1.3235, 1.3248

What it said to watch

  • M15 close above the 1.3235 swing high puts the 1.3248 NY high back in play
  • Break of the 1.3217 swing low snaps the rising lows line and exposes the 1.3203 NY low
  • Thin Asia session liquidity next, then UMich sentiment and inflation expectations Fri 14:00 UTC could reset the range

19:32 UTC

Recovering from day low, now compressing · RSI 59 · price 1.32243

Higher low at 1.3203 under a 1.3248 spike high; tight 1.3217–1.3235 band after London close.

London broke below the Asian range and printed a double bottom at the 1.3184 day low. NY then ran through 1.3222 on Waller's comments, but the spike to the 1.3248 session high was rejected. Since London close, a higher low at the 1.3203 NY low and a lower high at 1.3235 have squeezed price into a 1.3217–1.3235 band, sitting on the 38.2% fib of the rally with RSI(14) near 59.

Support: 1.32172, 1.32034, 1.31842

Resistance: 1.32347, 1.32483

What it said to watch

  • M15 close below the 1.3217 swing low brings the 1.3203 ny low and the higher lows trendline into play
  • Break above the 1.3235 lower high reopens the 1.3248 session high
  • Failure to hold the 1.3184 day low negates the double bottom and the range floor
  • Fri 14:00 UTC UoM sentiment and inflation expectations could reset the intraday range

19:16 UTC

Recovering intraday, momentum flattening · RSI 59 · price 1.32264

Higher lows under a lower high after NY spike rejection.

London swept below the Asian range low to 1.3184. Waller's comments then lifted GBPUSD to a 1.3248 session high in NY hours, where it was rejected. Late NY, after London close, price holds higher lows at the 1.3203 NY low and 1.3217 swing low beneath a 1.3235 lower high, with RSI(14) near 59 and ATR(14) around 9 pips.

Support: 1.32172, 1.32034

Resistance: 1.32347, 1.32483

What it said to watch

  • M15 close above the 1.3235 lower high reopens the 1.3248 session high
  • Break below the 1.3217 swing low ends the higher-lows sequence and exposes the 1.3203 NY low
  • Fri UoM sentiment and inflation expectations (14:00 UTC) are the next USD catalyst; no scheduled risk in the next 8h

19:01 UTC

Two-way, compressing after NY spike · RSI 56 · price 1.32253

Lower highs from 1.3248 vs higher lows from 1.3203, inside the NY range.

London broke below the Asian range to a 1.3184 day low that held as the range floor. NY then ran through the Asian high to a 1.3248 session high after Waller's comments, met a sharp rejection, and late-NY price is compressing between lower highs and higher lows near 1.3225, RSI(14) neutral around 56.

Support: 1.3217, 1.3203, 1.3184

Resistance: 1.3235, 1.3248, 1.3280

What it said to watch

  • M15 close above the 1.3235 lower high breaks the compression and puts the 1.3248 session high back in play
  • Loss of the 1.3217 higher low exposes the 1.3203 NY low, then the 1.3184 day low
  • 1.3280 range high sits above the session high as the next cap
  • Fri 14:00 UTC UoM sentiment and inflation expectations could materially shift this read

18:32 UTC

Range-bound after NY spike, contracting · RSI 51 · price 1.32195

Lower high under 1.3248, higher low above 1.3184.

London broke below the Asian range to a london low at 1.3184, then NY reversed it with a spike to the ny high at 1.3248 after Waller said hikes need not come at consecutive meetings. Rejection there was followed by a lower high at 1.3235 and a higher low at 1.3203. Price is now coiling near 1.3220 and EMA20 in late NY, with RSI(14) flat at 51.

Support: 1.32034, 1.31842

Resistance: 1.32347, 1.32483

What it said to watch

  • M15 close above the 1.3235 lower high breaks the lower-high line and reopens the 1.3248 ny high
  • Failure to hold the 1.3203 higher low breaks the higher-low line and exposes the 1.3184 london low, the edge of the 1.3180-1.3200 range floor
  • US Michigan sentiment and inflation expectations Fri 14:00 UTC could shift this read; thin Asia liquidity likely keeps the range compressed until then

18:16 UTC

Recovering from London low, momentum neutral · RSI 49 · price 1.32223

Lower highs and higher lows compressing between 1.3203 and 1.3235 late NY.

London broke below the Asian range to a 1.3184 session low at the 1.3180-1.3200 floor. NY then spiked to a 1.3248 session high on Waller's comments, and the move was rejected there. Late NY is now compressing, with a lower high at 1.3235 and a higher low at 1.3203. Price is holding just above the ema20 near the 38.2% retracement of the session-low-to-high move, with RSI(14) flat near 49.

Support: 1.3218, 1.3203, 1.3184

Resistance: 1.3235, 1.3248

What it said to watch

  • M15 close above the 1.3235 lower high reopens a test of the 1.3248 session high
  • Loss of the 1.3203 higher low exposes the 61.8% fib and the 1.3184 session low
  • Thin post-London-close liquidity; next scheduled risk is US Michigan sentiment Fri 14:00 UTC

18:02 UTC

Intraday recovery, higher lows off London low · RSI 62 · price 1.32276

Rising lows from 1.3184; lower swing high 1.3235 below 1.3248 spike.

London held the 1.3184 london low near the range floor. The NY bounce, tied to Waller's comments, spiked to the 1.3248 ny high and met rejection back to the 1.3203 swing low. Late NY, price sits just above the 1.3222 asian high with rising lows intact, capped by a lower swing high at 1.3235. RSI(14) is near 62.

Support: 1.32221, 1.32034, 1.31842

Resistance: 1.32347, 1.32483

What it said to watch

  • M15 close above the 1.3235 swing high reopens the 1.3248 ny high
  • Loss of the 1.3222 asian high and the rising lows line exposes the 1.3203 swing low
  • Break under the 1.3184 london low negates the higher-low sequence
  • Fri 14:00 UTC Michigan sentiment and UoM inflation expectations could shift the read

17:31 UTC

Intraday uptrend, rebounding after NY fade · RSI 58 · price 1.32313

Higher low at 1.3203 above 1.3184 day low; price back above the Asian range.

Waller's comments drove a range break above the 1.3222 Asian high in the first hour of NY, spiking to the 1.3248 day high before fading to a 1.3203 swing low between the 61.8% and 78.6% fib. Price is back above the Asian high late in NY hours, with the rising support line from the 1.3184 day low intact and RSI(14) near 58.

Support: 1.3222, 1.3203, 1.3184

Resistance: 1.3248, 1.3280

What it said to watch

  • Fed's Musalem at 17:40 UTC could materially shift this read
  • M15 close back below the 1.3222 Asian high puts the 1.3203 swing low back in play
  • Failure to hold the 1.3203 swing low breaks the higher-low sequence and the rising support line
  • Close above the 1.3248 day high exposes the 1.3280 range high

17:16 UTC

Recovering, two-way intraday · RSI 57 · price 1.32241

Higher lows off London low, capped below NY spike high.

London defended the 1.3184 range floor. Waller's comments then drove an NY spike to the 1.3248 session high, which was rejected back to the 1.3203 NY low, a roughly 70% retracement of the move. Late in NY hours price has reclaimed the Asian high at 1.3222 with the rising lows intact. RSI(14) is neutral at 57.

Support: 1.3222, 1.3203, 1.3184

Resistance: 1.3248, 1.3280

What it said to watch

  • Fed's Musalem at 17:40 UTC could materially shift this read
  • M15 close back below the 1.3222 asian high turns the reclaim into a false break
  • Loss of the 1.3203 ny low breaks the rising-lows sequence and reopens the 1.3184 range floor
  • Acceptance above the 1.3248 session high opens the 1.3280 range top

17:02 UTC

Intraday recovery, NY spike faded · RSI 54 · price 1.3214

Post-spike consolidation 1.3203–1.3223 above London low.

Cable made its session low at the 1.3184 london low, then lifted through the 1.3222 asian high to the 1.3248 ny high as Waller's remarks softened the USD. That spike was rejected and faded to the 1.3203 ny low, just above the 1.3200 floor. After London close, price is coiling at mid-fib beneath the ny lower highs line, with RSI(14) near 54 and ATR(14) around 10 pips.

Support: 1.3203, 1.3184

Resistance: 1.3222, 1.3248

What it said to watch

  • M15 close back above the 1.3222 asian high and the ny lower highs line reopens the 1.3248 ny high
  • Break below the 1.3203 ny low, and with it the 1.3200 floor, exposes the 1.3184 london low
  • Fed's Musalem at 17:40 UTC could materially shift this read
  • Holding above the 61.8% of the london low–ny high fib (~1.3209) keeps the recovery structure intact

16:46 UTC

Two-way intraday, NY spike fully faded · RSI 50 · price 1.32108

False break above Asian high, now basing at 61.8% of NY rally.

London set the day low at 1.3184, then the Waller-driven NY rally broke the Asian high at 1.3222 and ran to a spike high of 1.3248, which was rejected inside the hour. Price has given back the move to the 61.8% fib of the NY rally near 1.3209, with the NY low at 1.3203 holding after London close; RSI(14) is neutral near 50 and ATR is about 10 pips.

Support: 1.32034, 1.3200, 1.31842

Resistance: 1.32222, 1.32483

What it said to watch

  • M15 close below the 1.3203 NY low exposes the 1.3200 round number and the 1.3184 day low
  • Recovery above the 1.3222 Asian high would negate the false break read, with the 1.3248 spike high next
  • Fed's Musalem at 17:40 UTC could materially shift this read

16:31 UTC

Higher lows since London, NY spike fully faded · RSI 49 · price 1.3207

Rising lows off 1.3184 London low; 1.3248 rejection retraced to the 61.8% zone.

London swept the Asian low near 1.3193 to a 1.3184 session low. NY then spiked to 1.3248 on Waller's 'no consecutive hikes' remarks, but supply capped it and price has slid back to the 61.8% fib near 1.3209. The 1.3203 pullback low is holding on the rising support line above the 1.3200 round number, while a late-NY wick at 1.3223 stalled again under the Asian high.

Support: 1.3203, 1.3200, 1.3184

Resistance: 1.3223, 1.3248

What it said to watch

  • Close below the 1.3203 pullback low and the 1.3200 round number breaks the rising support line and exposes the 1.3184 London low
  • Reclaim of the 1.3223 Asian high (38.2% fib) reopens the 1.3248 NY high
  • Fed's Musalem at 17:40 UTC could materially shift this read after London close

16:16 UTC

Spike higher fully retraced, momentum flat · RSI 51 · price 1.32092

False break above Asian high, back inside prior range.

NY session lifted GBPUSD from the 1.3184 session low through the Asian high at 1.3222 to a day high of 1.3248 after Waller said hikes need not come at consecutive meetings, but the move was fully rejected after London close. Price now sits on the 61.8% fib of that leg near 1.3209, just above the NY low at 1.3203 and 1.3200 psych, with RSI(14) neutral near 51 and price below EMA20.

Support: 1.32034, 1.3200, 1.31842

Resistance: 1.32221, 1.32483

What it said to watch

  • M15 close below 1.3200 psych exposes the 1.3184 session low
  • Reclaim of the 1.3222 Asian high negates the false-break read and reopens the 1.3248 day high
  • Fed's Musalem at 17:40 UTC could materially shift this read

16:01 UTC

Range, NY spike fully faded · RSI 48 · price 1.32084

False break above Asian high, back inside the session range.

The rally off the 1.3184 London low ran through the 1.3222 Asian high to a 1.3248 spike high in early NY, then reversed hard. Price is now back at the 61.8% of that rally fib, just above the 1.3200 floor, with USD held firm by 2002-era Treasury yields. RSI(14) is flat near 48.

Support: 1.3200, 1.31842

Resistance: 1.3222, 1.32483

What it said to watch

  • Failure to hold the 1.3200 floor reopens the 1.3184 London low
  • M15 close back above the 1.3222 Asian high negates the false-break read
  • Fed's Musalem at 17:40 UTC could materially shift USD tone into the NY close

15:47 UTC

Intraday uptrend from London low, stalling after NY rejection · RSI 50 · price 1.32122

Higher lows from 1.3184, false break above Asian high fully reversed.

NY hours pushed through the 1.3222 Asian high to a 1.3248 session high, then gave it all back. Price is now sitting on the 61.8% fib of the London rally at 1.3209 and the rising London trendline, flat on the EMA20 with RSI(14) near 50. A yield-driven USD bid keeps the 1.3200 range floor in focus, with the 1.3184 session low below.

Support: 1.3209, 1.3200, 1.3184

Resistance: 1.3222, 1.3248

What it said to watch

  • M15 close below 1.3209 and the rising London trendline exposes the 1.3200 range floor
  • Failure to hold the 1.3200 range floor reopens the 1.3184 session low
  • Reclaim of the 1.3222 Asian high negates the false-break read, with the 1.3248 session high above
  • Fed's Musalem at 17:40 UTC could materially shift this read

15:32 UTC

Two-way intraday, NY spike fully reversed · RSI 54 · price 1.32138

False break above Asian high, price back inside the 1.3184–1.3222 range.

London broke below the Asian range to a 1.3184 london low before NY lifted price through the asian high at 1.3222 to a 1.3248 ny high. That spike reversed within an hour, leaving a false break with price at 1.3214, between the 50% and fib 61.8% (1.3209) retracement of the leg, as yield-driven USD demand capped the move.

Support: 1.3209, 1.3200, 1.3184

Resistance: 1.3222, 1.3248

What it said to watch

  • M15 close back above the asian high at 1.3222 negates the false break read; 1.3248 ny high is the next reference
  • Failure to hold fib 61.8% at 1.3209 and the rising trendline from the london low exposes the 1.3200 range floor, then 1.3184
  • Fed's Musalem at 17:40 UTC could materially shift this read via US yields

15:17 UTC

Higher lows since London, upside momentum stalled · RSI 54 · price 1.32192

False break above asian high, pullback into fib zone.

NY session pushed through the 1.3222 asian high to a 1.3248 ny high, but the break failed and price has unwound to 1.3219, between the 38.2% and 50% fib of the 1.3184 london low to ny high leg. The 1.3200 floor, held through the London dip as yield-driven USD strength weighed, remains the base, with the rising trendline from the London low just above it.

Support: 1.3200, 1.3184

Resistance: 1.3222, 1.3248

What it said to watch

  • M15 close back above the 1.3222 asian high would undo the false-break read and reopen the 1.3248 ny high
  • Break below the rising trendline and 61.8% fib near 1.3209, then the 1.3200 floor, points back to the 1.3184 london low
  • Fed's Musalem at 17:40 UTC could materially shift this read

15:01 UTC

Intraday up from London low, momentum cooling · RSI 62 · price 1.3225

Breakout above Asian high, spike rejected, retesting breakout level.

After a London low at 1.3184, the NY session rally cleared the Asian high at 1.3222 and spiked to a 1.3248 session high near 14:30 UTC. The 14:45 bar gave most of it back, and price now sits on the Asian high, which lines up with the 38.2% fib of the London low–session high leg, with RSI(14) easing to about 62.

Support: 1.3222, 1.3200, 1.3184

Resistance: 1.3248, 1.3280

What it said to watch

  • M15 close back below the 1.3222 asian high would mark the breakout as failed and reopen the 1.3200 range floor
  • Close above the 1.3248 session high opens the path to the 1.3280 range cap
  • Break of rising support from the London low (near 1.3207) exposes the 1.3184 london low
  • Fed's Musalem at 17:40 UTC could shift the USD leg of this read

14:47 UTC

Intraday uptrend, stretched after NY spike · RSI 69 · price 1.32343

Higher lows off the London low; NY broke above the Asian range high.

London dipped through the 1.3200 range floor to 1.3184, then built a chain of higher lows. That base held through the 12:30 UTC US claims beat. In NY hours the pair cleared the 1.3222 Asian high and spiked to a 1.3248 session high before rejection back to 1.3234, with RSI(14) near 69.

Support: 1.3222, 1.3209, 1.3200

Resistance: 1.3248, 1.3280

What it said to watch

  • M15 close back below the 1.3222 asian high would turn the range break into a false break
  • Holding the 61.8% fib at 1.3209 keeps the higher lows from the London low intact
  • Acceptance above the 1.3248 session high puts the 1.3280 range cap in view
  • Loss of the 1.3200 range floor reopens the 1.3184 London low
  • Fed's Kashkari (14:40 UTC) and Musalem (17:40 UTC) could swing the USD leg of this move

14:31 UTC

Intraday uptrend, impulsive NY leg · RSI 75 · price 1.32373

Higher lows since London low, breakout above Asian/prior high.

After London defended a 1.3184 london low, NY hours produced a chain of rising lows and an 18-pip impulse through the prior high and Asian range top near 1.3223. The move followed the Bailey/Lombardelli remarks and US claims, despite the firm-USD backdrop. Price now sits at the 24h high at 1.3237 with RSI(14) near 75, hot but below extreme.

Support: 1.3223, 1.3200, 1.3184

Resistance: 1.3237, 1.3280

What it said to watch

  • M15 close back below the 1.3223 prior high marks the breakout as a false break
  • Hold above the 24h high at 1.3237 opens the path toward the 1.3280 range cap
  • Loss of the rising lows line shifts focus back to the 1.3200 round number
  • Fed's Kashkari (14:40 UTC) and Musalem (17:40 UTC) could materially shift this read via US yields

14:16 UTC

Intraday uptrend, testing Asian high · RSI 66 · price 1.32191

HH/HL chain off 1.3184 session low; price back at Asian range top.

London broke below the 1.3200 range floor and set a session low at 1.3184 by mid-morning, but the break failed. Price has since posted higher lows through the Bailey and Lombardelli remarks and the claims beat. The 14:00 UTC bar tagged the Asian high at 1.3222, just under yesterday's NY prior high at 1.3224.

Support: 1.32087, 1.3200, 1.31842

Resistance: 1.32222, 1.32237

What it said to watch

  • M15 close above the 1.3224 prior high clears both the Asian high and yesterday's NY top
  • Loss of the 1.3209 swing low breaks the HH/HL chain and the rising trendline
  • Back below the 1.3200 range floor reopens the session low at 1.3184
  • Fed's Kashkari at 14:40 UTC could jolt USD during NY hours

14:02 UTC

Intraday recovery, higher lows since London low · RSI 60 · price 1.32132

HH/HL chain off 1.3184, back inside Asian range.

London pushed below the 1.3200 round number but stalled three times near the 1.3184 session low. Price reclaimed 1.3200 through the Bailey and Lombardelli speeches, and the 13:00 retest held, with higher lows building into the early NY session. RSI(14) is near 60, price has retraced about 78% of the overnight drop, and it is pressing the 1.3217 session high just below the 1.3222 Asian high.

Support: 1.3200, 1.31842

Resistance: 1.32167, 1.32221

What it said to watch

  • M15 close back below the 1.3200 round number breaks the higher-low line and revives the range-floor test
  • Acceptance above the 1.3222 Asian high clears the overnight drop
  • Loss of the 1.3184 session low confirms a break of the range floor
  • Fed's Kashkari at 14:40 UTC and Musalem at 17:40 UTC could shift the USD tone

13:46 UTC

Recovering intraday, chop below highs · RSI 57 · price 1.32099

Failed break of 1.3200 floor, higher lows in NY.

London took out the Asian low and the 1.3200 range floor, printing a 1.3184 london low. The break failed, and early NY reclaimed 1.3200 through the claims beat and Lombardelli's remarks. Price is now compressing between 1.3200 and the 1.3215 ny high on a run of higher lows, with the 1.3222 asian high capping above.

Support: 1.3200, 1.31842

Resistance: 1.32153, 1.32221

What it said to watch

  • M15 close back below the 1.3200 range floor and the higher lows trendline reopens the 1.3184 london low
  • Clearance of the 1.3215 ny high exposes the 1.3222 asian high
  • Fed's Kashkari at 14:40 UTC could materially shift this read

13:32 UTC

Intraday recovery, higher lows since London low · RSI 61 · price 1.32094

False break below 1.3200 reclaimed; HH/HL chain into London-NY transition.

Pre-London selling took GBPUSD out of the Asian range and through the 1.3200 range floor. London then put in a double bottom at 1.3185/1.3184, the london low. The recovery reclaimed 1.3200 through Bailey and Lombardelli and has printed higher lows into a 1.3214 session high, with RSI(14) near 61 and the 1.3222 asian high still capping the 24h range.

Support: 1.3200, 1.31842

Resistance: 1.32141, 1.32221

What it said to watch

  • M15 close back below the 1.3200 range floor breaks the higher lows chain and reopens the 1.3184 london low
  • Close above the 1.3222 asian high takes out the 24h range top
  • Fed's Kashkari at 14:40 UTC could materially shift this read via US yields
  • Hold of the 50–61.8% recovery fib zone near 1.3199–1.3196 keeps the reclaim intact

13:16 UTC

Intraday recovery, higher lows · RSI 59 · price 1.32083

HL chain off 1.3184 london low, back inside Asian range.

London broke below the 1.3200 psych floor to a 1.3184 london low, but the break failed to extend. Higher lows at 1.3188, 1.3190 and 1.3197 have since lifted price back inside the 1.3206–1.3222 Asian range. Bars widened around the Bailey (12:15 GMT) and Lombardelli (13:00 GMT) slots, and price now sits just under the 1.3214 session high against a firm, yield-driven USD.

Support: 1.3200, 1.31972, 1.31842

Resistance: 1.32141, 1.32221

What it said to watch

  • M15 close above the 1.3214 session high puts the 1.3222 asian high and the Asian range top in play
  • Failure back below the 1.3197 swing low breaks the rising-lows trendline and reopens 1.3200 psych and the 1.3184 london low
  • Fed's Kashkari at 14:40 UTC during NY hours could shift the USD leg of this read
  • Any delayed Bailey/Lombardelli headlines on November hike odds could move GBP sharply

13:01 UTC

Intraday range, rebounding from London lows · RSI 54 · price 1.32014

Higher lows from the London low, rejected at the 1.3213 session high.

London double-bottomed at 1.3185/1.3184 (london low) after breaking the Asian low. A higher-lows chain then lifted price to a 1.3213 session high, which was rejected into the 12:30 UTC jobless claims release as the US yield-driven USD stayed firm. The pullback is holding the fib 50% at 1.3198 and the 1.3200 range floor as Lombardelli speaks, with ATR near 9 pips.

Support: 1.3200, 1.31978, 1.31842

Resistance: 1.32132, 1.32221

What it said to watch

  • M15 close below the 1.3198 fib 50% and the higher-lows trendline exposes the 1.3184 london low
  • Break above the 1.3213 session high opens the 1.3222 asian high
  • Lombardelli (13:00 UTC) and Kashkari (14:40 UTC) could materially shift this read; a dovish BoE tone puts the 1.3200 range floor at risk

12:47 UTC

Intraday range, rebound stalling · RSI 52 · price 1.32004

London double bottom, higher lows, rejection at session high.

London broke below the Asian low and printed a double bottom near the 1.3184 london low. A higher-low chain then lifted price to a 1.3213 session high, which was rejected on the 12:30 UTC jobless claims bar. Early NY is sitting on the 1.3200 range floor, between the 38.2% and 50% levels of the London rally fib, with RSI(14) neutral near 52 and the dollar still yield-supported.

Support: 1.3200, 1.31914, 1.31842

Resistance: 1.32132, 1.32221

What it said to watch

  • BoE Lombardelli at 13:00 UTC, then Kashkari at 14:40 UTC, could materially shift this read
  • M15 close below the 1.3191 higher low breaks the higher-lows line and exposes the london low at 1.3184
  • Close back above the 1.3213 session high turns the rejection into a breakout toward the 1.3222 asian high
  • Sustained trade below the 61.8% of the London rally fib (1.3195) undercuts the double bottom read

12:31 UTC

Intraday recovery after London-session dip · RSI 59 · price 1.32078

Higher lows off 1.3184, testing session high.

Yield-driven USD demand pushed GBP/USD below the Asian range and the 1.3200 range floor into London, where twin probes held a 1.3184 session low. The NY-open rally reclaimed 1.3200 on rising lows and is pausing under the 1.3213 session high, near the 61.8% fib of the Asian high–London low drop.

Support: 1.3200, 1.31842

Resistance: 1.32132, 1.32221, 1.32237

What it said to watch

  • US Initial Jobless Claims at 12:30 UTC and Lombardelli at 13:00 UTC could materially shift this read
  • M15 close above the 1.3213 session high opens a retest of the 1.3222 Asian high and 1.3224 prior high
  • Close back below the 1.3200 range floor and the rising lows line puts the 1.3184 session low back in play

12:16 UTC

Intraday down from Asian high, rebounding late London · RSI 55 · price 1.32056

Higher lows off 1.3184 session low, back at 1.3200 floor.

London broke below the Asian range and the 1.3200 psych floor, reaching a 1.3184 session low as yield-driven USD strength persisted. Higher lows at 1.3188 and 1.3191 then lifted price back to 1.3206, about 56% of the asian high–session low drop, so the sub-1.3200 move currently reads as a false break.

Support: 1.3200, 1.3191, 1.3184

Resistance: 1.3212, 1.3222

What it said to watch

  • US Initial Jobless Claims at 12:30 UTC, then BoE Lombardelli at 13:00 UTC, could materially shift this read
  • M15 close above the 1.3212 london high reopens the 1.3222 asian high
  • Failure to hold the 1.3191 higher low breaks the rising support line and puts the 1.3184 session low back in play
  • Acceptance back below 1.3200 psych negates the false break read

12:01 UTC

Intraday downtrend, compressing near lows · RSI 46 · price 1.31942

Asian range broken lower in London; lower highs above a flat session low.

London broke below the 1.3205 Asian low and carved a session low at 1.3184. Each bounce since the 1.3212 London high has printed a lower high, the latest at 1.3201, with USD firm on 5.30% Treasury auction yields. Price is compressing at the London-NY transition, just under the 1.3200 handle and EMA20, with RSI(14) neutral near 46.

Support: 1.31842, 1.3180

Resistance: 1.32014, 1.32047, 1.32123

What it said to watch

  • US Initial Jobless Claims at 12:30 UTC and BoE Lombardelli at 13:00 UTC could materially shift this read
  • Failure to hold the 1.3184 session low exposes the 1.3180 range floor of the ten-session range
  • M15 close above the lower-high trendline near 1.3201 puts the 1.3205 Asian low back in focus
  • Recovery through the 1.3212 London high negates the London range break

11:46 UTC

Intraday downtrend, momentum fading · RSI 46 · price 1.31998

Lower highs 1.3212→1.3203 against higher lows off 1.3184; coiling at 1.3200.

Pre-London selling broke the Asian range low near 1.3205, and London extended to a 1.3184 london low just above the 1.3180 multi-session floor, with firm USD on record Treasury yields doing the work. Since then a higher low at 1.3188 and a lower high at 1.3203 have pinned price in a tight coil around the 1.3200 psych level. Price is retracing roughly half the London leg, back under the lower high line, ahead of the NY open.

Support: 1.31882, 1.31842

Resistance: 1.3200, 1.32034, 1.32123

What it said to watch

  • US Initial Jobless Claims at 12:30 UTC and BoE Lombardelli at 13:00 UTC could break the coil either side within the hour
  • M15 close above the 1.3203 lower high and the lower high line opens a retest of the 1.3212 london high
  • Failure to hold the 1.3188 higher low exposes the 1.3184 london low and the 1.3180 range floor
  • Acceptance above the 1.3200 psych level puts the 61.8% of the London leg fib in play near 1.3202

11:32 UTC

Intraday downtrend, lows holding · RSI 40 · price 1.31938

Asian range broken lower; lower highs pressing a 1.3184 base.

Cable slipped out of the 1.3206–1.3222 Asian range at the London open as yield-driven USD demand persisted. The London low at 1.3184 held twice, just above the 1.3180 range floor, but bounces are printing lower highs: the London high at 1.3212, then 1.3203 at 10:45, the 50% retrace of the Asian-high-to-London-low drop. Late in the London session, price sits under both EMAs with RSI(14) near 40.

Support: 1.3184, 1.3180

Resistance: 1.3203, 1.3212, 1.3222

What it said to watch

  • M15 close below the 1.3184 london low breaks the twice-tested base and exposes the 1.3180 range floor
  • Close above the 1.3203 lower high and the lower-highs trendline reopens the 1.3212 london high and 1.3222 asian high
  • US jobless claims at 12:30 UTC and BoE Lombardelli at 13:00 UTC could materially shift this read

11:16 UTC

Mild downtrend, lower highs since London open · RSI 46 · price 1.31955

Asian range broken lower, London range 1.3184-1.3212.

London broke below the Asian range (asian high 1.3222) as firm US yields kept USD bid. Demand has held the 1.3184-1.3187 london low three times, while the lower high at 1.3203 and the london high at 1.3212 cap rebounds. Price sits mid-range just under EMA20, RSI 46, late in London ahead of NY open.

Support: 1.3184, 1.3180

Resistance: 1.3203, 1.3212, 1.3222

What it said to watch

  • M15 close below the 1.3184 london low exposes the 1.3180 range floor
  • Close above the lower highs line and the 1.3212 london high reopens the 1.3222 asian high
  • US jobless claims 12:30 UTC and BoE Lombardelli 13:00 GMT could materially shift this read

11:02 UTC

Range, drifting lower through London · RSI 47 · price 1.31992

Asian range low broken; London high 1.3212 capped; 1.3184 tested twice; bounce stalling at 1.3200.

London broke below the 1.3205–1.3222 Asian range and printed a session low at 1.3184, with two tests holding; the 1.3193 prior low gave way intraday before price reclaimed it. Mid-London, the bounce has retraced past the 50% fib of the London high-low leg and is stalling at a 1.3203 bounce high around the 1.3200 floor, with cable under pressure from elevated US yields.

Support: 1.3193, 1.3184

Resistance: 1.3203, 1.3212, 1.3222

What it said to watch

  • M15 close back below the 1.3193 prior low leaves a lower high at the 1.3203 bounce high
  • Break of the 1.3184 session low voids the double bottom and exposes the 1.3180 range floor
  • Close above the 1.3212 london high reopens the Asian range toward the 1.3222 asian high
  • US jobless claims 12:30 UTC and BoE Lombardelli 13:00 GMT could materially shift this read

10:46 UTC

Downtrend, bouncing off session low · RSI 48 · price 1.3199

Lower highs since NY high; London low 1.3184 held twice.

Cable has printed lower highs from the 1.3222 Asian high to the 1.3212 London high, slipping under the Asian range before London and setting a 1.3184 session low as US yields stay bid. Price is now retesting the 1.3200 psych level from below, at the 50% retrace of the London drop, with RSI(14) near 48.

Support: 1.3195, 1.3184

Resistance: 1.3200, 1.3212, 1.3222

What it said to watch

  • M15 close above the 1.3212 London high breaks the lower-highs trendline
  • A slip back under the 38.2% fib at 1.3195 puts the 1.3184 session low back in play; a break there extends the lower-low chain
  • Rejection at 1.3200 psych keeps the downtrend sequence intact
  • US Jobless Claims (12:30 UTC) and BoE Lombardelli (13:00 GMT) could materially shift this read

10:31 UTC

Intraday downtrend, momentum flattening · RSI 43 · price 1.31911

Lower highs since London high, tight base above session low.

London broke below the Asian low at 1.3193 at the open. Price has since printed lower highs from the 1.3212 London high and set a session low at 1.3184, just above the 1.3180 range floor, as yield-driven USD strength persists. Mid-London, price is compressing in a 1.3184–1.3199 band with RSI(14) near 43 and closes below both EMAs.

Support: 1.31842, 1.3180

Resistance: 1.31933, 1.3200, 1.32123

What it said to watch

  • M15 close back above the 1.3193 Asian low and the 50% retrace of the London leg (~1.3198) breaks the lower-highs sequence
  • Acceptance below the 1.3184 session low puts the 1.3180 range floor in play; a 1.3200 round number reclaim reopens the 1.3212 London high
  • US Initial Jobless Claims 12:30 UTC and BoE Lombardelli 13:00 UTC land within the next 3h and could materially shift this read

10:16 UTC

Downtrend, compressing near session low · RSI 41 · price 1.31887

Lower highs below broken Asian range low and prior-day low.

Price broke below the Asian range low near 1.3205 just before London open, then cleared yesterday's 1.3193 low. London has since printed lower highs at the 1.3212 london high and 1.3199, plus a 1.3185 session low, as yield-driven USD strength presses GBP onto the 1.3180 range floor. RSI(14) sits around 41 and price is holding just above the session low.

Support: 1.31851, 1.3180

Resistance: 1.31988, 1.32123, 1.32221

What it said to watch

  • Failure to hold the 1.3185 session low exposes the 1.3180 range floor
  • M15 close above the 1.3199 lower high breaks the lower-highs sequence, with the 1.3212 london high next
  • A recovery back to the 1.3222 asian high would neutralise the downtrend read
  • US Initial Jobless Claims at 12:30 UTC and BoE Lombardelli at 13:00 UTC could materially shift this read

09:46 UTC

Downtrend, lower highs through London · RSI 42 · price 1.31905

Lower highs 1.3222→1.3212, range floor 1.3200 broken, holding above 1.3185.

Mid-London, GBP/USD slipped through the 1.3200 range floor and printed a 1.3185 session low. The London high at 1.3212 capped below the Asian high at 1.3222, a lower-highs sequence as a firm USD and gilt stress weigh on sterling. Price sits below EMA20/50 with RSI(14) near 42, just above the 1.3180 breakdown level flagged in the macro read.

Support: 1.31851, 1.3180

Resistance: 1.3200, 1.32123, 1.32221

What it said to watch

  • M15 close back above the 1.3200 range floor would mark the break as a false break
  • Acceptance below the 1.3185 session low brings the 1.3180 breakdown level into play
  • A move through the London high at 1.3212 and the lower-highs line from the Asian high would invalidate the downtrend read
  • US Initial Jobless Claims at 12:30 UTC and BoE Lombardelli at 13:00 GMT could materially shift this read

09:31 UTC

Downtrend, lower highs through London · RSI 45 · price 1.31939

Asian range broken lower, trading below the 1.3200 range floor.

GBP/USD slipped out of the Asian range before London. Lower highs at the 1.3222 asian high and the 1.3212 london high set the structure, and price printed a 1.3185 session low as the USD bid held on 5.30% 10y yields and gilt stress. Price is now holding near yesterday's 1.3193 low, below the 1.3200 range floor, with RSI(14) neutral near 45.

Support: 1.31851, 1.3180

Resistance: 1.3200, 1.32123, 1.32221

What it said to watch

  • M15 close back above the 1.3200 range floor and the lower-high trendline weakens the downtrend read
  • Break of the 1.3185 session low exposes the 1.3180 breakdown level flagged in the digest
  • US Initial Jobless Claims 12:30 UTC and BoE Lombardelli 13:00 GMT could materially shift this read
  • Rebound into the 1.3204–1.3208 fib zone below the london high, an area to monitor for rejection

09:16 UTC

Intraday downtrend, lower highs since Asia · RSI 37 · price 1.3188

London broke below the Asian range; lower high at 1.3212, new session low at 1.3185.

London opened with a dip below the 1.3193 Asian low, bounced to a lower high at 1.3212 (london high), then broke down to a fresh session low at 1.3185. Price now sits under the 1.3200 range floor as a firm USD and gilt stress weigh. RSI(14) near 37 is soft but not oversold, and price is below both EMAs.

Support: 1.3185, 1.3180

Resistance: 1.3193, 1.3200, 1.3212

What it said to watch

  • M15 close back above the 1.3200 range floor undercuts the range break read
  • Failure to hold the 1.3185 session low exposes the 1.3180 breakdown level, with 1.3140 below
  • A retrace into 1.3200–1.3212 (the fib zone of the Asian high to session low move) is the area to monitor for rejection along the lower highs line
  • Break above the 1.3212 london high voids the lower highs sequence
  • BoE Greene (09:15 GMT, under way) and Lombardelli (13:00 GMT), plus US jobless claims at 12:30 UTC, could materially shift this read

09:01 UTC

Intraday downtrend, lower highs · RSI 42 · price 1.31961

Lower highs from Asian high; back below 1.3200 after London-open sweep.

London open swept yesterday's 1.3193 low to a 1.3187 session low. The bounce was rejected at the 1.3212 London high, and price is back below the 1.3200 range floor, with USD firm on 5.30% US 10y yields. Lower highs from the 1.3222 Asian high keep the session structure heavy; RSI(14) is near 42 and ATR runs around 8 pips.

Support: 1.31933, 1.31871

Resistance: 1.3200, 1.32123, 1.32221

What it said to watch

  • M15 close below the 1.3187 session low extends the lower-low sequence
  • Recovery above the 1.3200 range floor and the 1.3212 London high breaks the lower-highs trendline
  • Acceptance back above the 1.3222 Asian high negates the session's downside structure
  • BoE's Greene at 09:15 UTC and US jobless claims at 12:30 UTC could materially shift this read

08:46 UTC

Intraday downtrend, lower highs · RSI 39 · price 1.31958

Lower highs from Asian high; London-open sweep of prior low, bounce capped.

The 1.3206–1.3222 Asian range broke lower before London, and the London open swept the prior low at 1.3193 to a session low at 1.3187. The bounce stalled at the 1.3212 london high, a lower high off the 1.3222 asian high, and the 08:30 bar erased most of it, leaving price back under the 1.3200 range floor as firm US yields keep sterling heavy.

Support: 1.3193, 1.3187

Resistance: 1.3200, 1.3212, 1.3222

What it said to watch

  • M15 close below the 1.3187 session low extends the lower-highs sequence toward 1.3180
  • Holding the 1.3193 prior low keeps the London-open sweep intact
  • Reclaim of the 1.3200 range floor plus a close above the 1.3212 london high breaks the lower-highs line
  • BoE's Greene at 09:15 UTC and US jobless claims at 12:30 UTC could materially shift this read

08:31 UTC

Sideways, recovering from London-open dip · RSI 52 · price 1.32101

False break below 1.3200, higher lows since London open, back inside Asian range.

Pre-London selling broke the Asian range low and the 1.3200 range floor as USD yields stayed firm. The London-open flush to the 1.3187 london low was reclaimed within the hour. A higher low at 1.3198 has lifted price back to the 1.3212 session high, about two-thirds of the way back up the drop from the 1.3222 asian high.

Support: 1.3200, 1.31979, 1.31871

Resistance: 1.32123, 1.32221

What it said to watch

  • M15 close back below the 1.3200 range floor negates the false break and reopens the 1.3187 london low
  • Hold above the 1.3198 higher low keeps the London higher-low sequence intact
  • Close above the 1.3212 session high exposes the 1.3222 asian high
  • Fed's Waller (08:30 UTC) and BoE's Greene (09:15 UTC) could materially shift this read; US claims at 12:30 UTC

08:16 UTC

Range, rebounding off london low · RSI 47 · price 1.32068

False break below Asian range and 1.3200, now back inside.

Pre-London selling broke the 1.3206–1.3222 Asian range and the 1.3200 round number. The London open then pushed through yesterday's 1.3193 prior low to a 1.3187 london low before reclaiming 1.3200; price at 1.3207 sits near the 61.8% of the asian high to london low drop, with RSI(14) neutral at 47. A yield-driven USD bid after the 5.30% 10y auction keeps 1.3200 under repeated test.

Support: 1.3200, 1.31933, 1.31871

Resistance: 1.3211, 1.32221

What it said to watch

  • Fed's Waller at 08:30 UTC and BoE's Greene at 09:15 UTC could materially shift this read
  • An M15 close back below the 1.3200 round number and the 1.3193 prior low turns the false break into a breakdown, exposing the 1.3187 london low
  • Acceptance above the 1.3211 asia shelf, near the 61.8% fib, puts the 1.3222 asian high back in play
  • US initial jobless claims at 12:30 UTC are the next USD-side risk during NY hours

08:01 UTC

Downtrend, lower highs since Asia · RSI 40 · price 1.3199

Asian range broken lower; London open swept equal lows, bounce capped.

Late-Asia selling broke the 1.3206–1.3222 Asian range lower. The London open then swept the equal lows at 1.3193 to a 1.3187 sweep low before a quick reclaim. The bounce stalled just under the old range low at 1.3207, keeping the lower highs intact, and price is pinned at 1.3200 with RSI(14) near 40 as USD stays bid on 5.30% 10y yields and hawkish Fed minutes.

Support: 1.3193, 1.3187

Resistance: 1.3207, 1.3222

What it said to watch

  • Fed's Waller at 08:30 UTC and BoE's Greene at 09:15 UTC could materially shift this read
  • M15 close below the 1.3187 sweep low turns the reclaim into a fresh lower-low
  • Close back above the 1.3207 range low, near the 61.8% fib of the Asian drop, breaks the lower highs line and points back to the 1.3222 asian high
  • US jobless claims at 12:30 UTC (f/c 200K) are the next USD catalyst for the 1.3193 equal lows

07:46 UTC

Down from Asian high, stabilising at the 1.3200 floor · RSI 41 · price 1.32008

Lower highs since 02:15 UTC; London-open false break below prior low reclaimed.

London open swept the prior low at 1.3193 to a sweep low at 1.3187, then reclaimed 1.3200. That makes it a false break of the floor GBP has held for ten sessions despite elevated US yields. Price is now compressing under the London high at 1.3207 and the descending trendline from the Asian high at 1.3222, near the 38.2% fib of that drop; RSI(14) is around 41 and ATR around 6 pips.

Support: 1.31933, 1.31871

Resistance: 1.32069, 1.32221

What it said to watch

  • M15 close back below the 1.3187 sweep low voids the false-break read and exposes the 1.3180 breakdown level
  • M15 close above the 1.3207 London high breaks the descending trendline and puts the 1.3222 Asian high back in play
  • Holding above the 1.3193 prior low keeps the reclaim of 1.3200 intact
  • Fed's Waller (08:30 UTC) and BoE's Greene (09:15 UTC) could materially shift this read

07:31 UTC

Intraday downtrend, early-London bounce · RSI 42 · price 1.32028

Lower highs from 1.3222 Asian high; London open sweep below prior-day low reversed.

Price slipped out of the 1.3206–1.3222 Asian range before London, then the London open swept the 1.3193 prior low to a 1.3187 sweep low and snapped back above the 1.3200 range floor. The bounce stalled near the 1.3207 Asian low, around a 50–61.8% retrace of the Asia-London drop. Firm US yields and the hawkish FOMC minutes keep GBP pinned at the range floor.

Support: 1.3200, 1.3193, 1.3187

Resistance: 1.3207, 1.3222

What it said to watch

  • M15 close back above the 1.3207 Asian low reopens the Asian range toward the 1.3222 Asian high
  • Failure to hold 1.3200 range floor and a close below the 1.3187 sweep low turns the false break into a lower-low
  • Fed's Waller (08:30 UTC) and BoE's Greene (09:15 UTC) could shift this read within the hour
  • US Initial Jobless Claims at 12:30 UTC are the next USD test into NY

07:16 UTC

Downtrend, intraday lower highs · RSI 31 · price 1.31973

Asian range broken lower, prior-day low swept and reclaimed.

Late Asia broke below the 1.3206–1.3222 Asian range. The London open then swept the prior low at 1.3193 down to a 1.3187 session low before closing back above it; RSI(14) sits near 31. Price is pinned just under the 1.3200 psych floor as firm US yields keep the dollar bid, and a descending trendline from the Asian high has capped each bounce.

Support: 1.31933, 1.31871, 1.3180

Resistance: 1.3200, 1.32058, 1.32221

What it said to watch

  • M15 close back above the 1.3206 asian low negates the range break
  • Close below the 1.3187 session low turns the sweep into a lower-low, with the 1.3180 breakdown level next
  • A break of the descending trendline, then the 1.3222 asian high, would end the lower-high sequence
  • Fed's Waller at 08:30 UTC and BoE Greene at 09:15 UTC could materially shift this read

07:01 UTC

Intraday downtrend, oversold at prior low · RSI 24 · price 1.31951

Asian range broken lower; second test of yesterday's 1.3193 low.

GBPUSD slid out of the 1.3206–1.3222 Asian range ahead of London open, pressed by the yield-driven USD bid, and is sitting on yesterday's 1.3193 prior low after the 1.3204 bounce high capped. RSI(14) near 24 is oversold, with price under both EMAs and the 1.3200 floor now overhead.

Support: 1.31933, 1.3180

Resistance: 1.3204, 1.32058, 1.32221

What it said to watch

  • M15 close below the 1.3193 prior low extends the lower-low sequence toward the 1.3180 break level
  • Recovery back inside the Asian range above the 1.3206 Asian low undoes the range break; the 1.3222 Asian high marks the range top
  • Fed's Waller at 08:30 UTC and BoE's Greene at 09:15 UTC could materially shift this read
  • US jobless claims at 12:30 UTC are the next USD-side event risk

06:46 UTC

Intraday downtrend, testing day low · RSI 40 · price 1.32014

Asian range broken lower, equal lows at 1.3193.

Late-Asia selling broke the 1.3206–1.3222 Asian range low and tagged 1.3193, matching yesterday's London low for a potential double low, with price back just above the 1.3200 psych floor against a USD bid on record-high yields. Price sits below both EMAs with RSI(14) near 40. ATR(14) is about 4 pips ahead of the London open.

Support: 1.3200, 1.31933

Resistance: 1.32058, 1.32221

What it said to watch

  • M15 close below the 1.3193 double low confirms a lower-low below the 1.3200 psych floor
  • Reclaim of the 1.3206 asian low puts price back inside the Asian range
  • Close above the 1.3222 asian high would complete the double bottom
  • Fed's Waller 08:30 UTC and BoE Greene 09:15 UTC could materially shift this read; US jobless claims at 12:30 UTC

06:31 UTC

Intraday downtrend, pressing prior low · RSI 33 · price 1.31985

Asian range broken lower; lower highs from Asian high, retest of yesterday's low.

Ahead of the London open, GBP/USD slipped below the 1.3206 asian low and the 1.3200 psych level. It is now retesting yesterday's 1.3193 prior low, printing 1.31933 against Wednesday's 1.31936 as the yield-driven USD bid persists. A descending line from the 1.3222 asian high caps the Asian-session lower highs, and RSI(14) near 33 is soft but not stretched.

Support: 1.3193, 1.3180

Resistance: 1.3200, 1.3206, 1.3222

What it said to watch

  • M15 close below the 1.3193 prior low extends the lower-low sequence toward 1.3180 range supp
  • Recovery above the 1.3206 asian low, near the 38.2% fib of the asian high-low drop, would turn the move into a false break
  • Break of the descending line from the 1.3222 asian high would end the intraday lower-high chain
  • Fed's Waller at 08:30 UTC and BoE's Greene at 09:15 UTC could shift the read during the London session; US claims follow at 12:30 UTC

06:16 UTC

Downtrend, pressing the day low · RSI 29 · price 1.31984

Asian range broken lower pre-London, lower high at 1.3222, retest of 1.3193 day low.

GBP/USD slipped out of the 1.3206–1.3222 Asian range ahead of London open and has tagged yesterday's 1.3193 day low to the pip, with record US yields keeping the USD firm against the 1.3200 floor. Yesterday's NY bounce from the same low stalled at 1.3224. Today's Asian high at 1.3222 printed a lower high. RSI(14) sits near 29 and ATR is about 3.8 pips.

Support: 1.31933, 1.3180

Resistance: 1.32058, 1.32221

What it said to watch

  • M15 close below the 1.3193 day low breaks the double-tested floor and exposes the 1.3180 range floor
  • Recovery back inside the Asian range above the 1.3206 asian low turns the drop into a false break
  • A push through the 1.3222 asian high negates the lower-high sequence
  • Fed's Waller 08:30 UTC and BoE's Greene 09:15 UTC could shift this read; US jobless claims follow at 12:30 UTC
  • A London-open extension below the day low would break the base that held the NY bounce
  • A 50% retracement of the pre-London drop sits near 1.3208, just above the asian low

06:01 UTC

Intraday down, pressing the floor · RSI 26 · price 1.31984

Asian range broken lower, lower highs from 1.3222.

Late Asia broke the Asian low at 1.3206 and the 1.3200 psych handle, with lower highs off the 1.3222 Asian high capping each bounce. Price sits at 1.3198, just above yesterday's london low at 1.3193, ahead of London open. Firm USD on 24-year-high yields drives the move, and RSI(14) near 26 reflects the late-Asia drop.

Support: 1.31933, 1.3180

Resistance: 1.3200, 1.32058, 1.32221

What it said to watch

  • M15 close below the 1.3193 london low exposes 1.3180 range supp, the ten-session floor
  • Reclaim of 1.3206 asian low back inside the range turns the late-Asia break into a false break
  • Price holding below the lower-highs trendline keeps the descending sequence intact
  • Fed's Waller 08:30 UTC and BoE's Greene 09:15 UTC could shift the read through London hours

05:46 UTC

Down from yesterday's high, flat in Asia · RSI 38 · price 1.32052

Asian range 1.3205–1.3222, price at range low.

Late Asia session, about an hour before London open, with price on the Asian low at 1.3205 and just above the 1.3200 range floor. Yesterday's NY sell-off on firm US yields bottomed at the 1.3193 prior low. The bounce stalled near the 50% fib of the 1.3254–1.3193 drop, and price has since slipped under the ema20 at 1.3210. RSI(14) is near 38 and ATR(14) is a thin 3.5 pips.

Support: 1.3205, 1.3200, 1.3193

Resistance: 1.3210, 1.3222

What it said to watch

  • M15 close below the 1.3200 range floor exposes the 1.3193 prior low
  • Reclaim of the ema20 at 1.3210 and a break of the 1.3222 asian high would end the range-low test
  • Fed's Waller 08:30 UTC and BoE Greene 09:15 UTC could break the Asian range
  • US jobless claims at 12:30 UTC are a NY-session catalyst for the 1.3200 floor

05:32 UTC

Post-selloff range, drifting lower · RSI 37 · price 1.32066

Asian range 1.3206–1.3222, lower high at 1.3212, price on range low.

Late Asia session: price is pressing the 1.3206 Asian low for a third time after a lower high at 1.3212, with RSI(14) near 37 and both EMAs overhead. Yesterday's yield-driven USD selloff in London bottomed at the 1.3193 prior low. The NY rebound stalled at the 50% retrace near 1.3224, just above the Asian high, and the 1.3200 range floor sits directly beneath.

Support: 1.32058, 1.3200, 1.31933

Resistance: 1.3212, 1.32221, 1.32237

What it said to watch

  • M15 close below the 1.3206 Asian low exposes the 1.3200 range floor and the 1.3193 prior low
  • Close above the 1.3212 lower high breaks the lower-highs trendline and reopens the 1.3222 Asian high and 50% retrace
  • London open, Fed's Waller at 08:30 UTC and BoE Greene at 09:15 GMT could resolve the Asian range; US jobless claims at 12:30 UTC

05:16 UTC

Flat after London sell-off, compressed · RSI 43 · price 1.32101

Tight Asian range 1.3206–1.3222 above prior low 1.3193.

London sold the pair from the 1.3254 prior high to a 1.3193 prior low as US yields surged into the 5.30% 10-year auction. Three tests of 1.3193 held, and NY rebounded to 1.3224, right at the 50% fib of that decline. Late Asia is now pinned inside a 16-pip range between the 1.3206 Asian low and 1.3222 Asian high, sitting just below EMA20 with RSI(14) at 43 and ATR around 3.6 pips ahead of the London open.

Support: 1.32058, 1.3200, 1.31933

Resistance: 1.32221, 1.32237, 1.32543

What it said to watch

  • Break of the 1.3206 asian low exposes the 1.3200 round number and the 1.3193 prior low
  • A close below 1.3193 ends the triple bottom read and confirms a lower low
  • A close above the 1.3222 asian high and the 50% fib at 1.3224 reopens the 1.3254 prior high
  • Fed's Waller at 08:30 UTC and BoE Greene at 09:15 GMT, both during London hours, could break the range
  • US Initial Jobless Claims at 12:30 UTC (f/c 200K) at the NY open

05:01 UTC

Sideways after yesterday's London selloff, soft in Asia · RSI 43 · price 1.32093

Asian range 1.3206–1.3222 sitting just above the 1.3200 range floor.

Yesterday's London selloff ran from 1.3254 to a 1.3193 swing low as US yields surged. NY reclaimed the 1.3200 range floor in a false break and bounced to the 50% of the London selloff fib near 1.3224. Late Asia now has price in the lower half of a 16-pip Asian range (asian low 1.3206, asian high 1.3222), below both EMAs, with ATR(14) compressed near 3.7 pips about two hours before London open.

Support: 1.3206, 1.3200, 1.3193

Resistance: 1.3222, 1.3230

What it said to watch

  • M15 close below the 1.3206 asian low puts the 1.3200 range floor back in play; acceptance under the 1.3193 swing low confirms a lower-low
  • Close above the 1.3222 asian high and the 1.3224 NY high (50% of the London selloff fib) reopens the 1.3230 breakdown pt
  • Fed's Waller 08:30 UTC and BoE's Greene 09:15 GMT land early in London and could break the Asian range
  • US Initial Jobless Claims 12:30 UTC (f/c 200K) is the NY-session risk to this read

04:46 UTC

Flat, sideways after prior-day decline · RSI 47 · price 1.32092

Tight Asian range above 1.3200 range floor.

Late Asia session, with GBPUSD boxed in a 1.3206–1.3222 Asian range. Yesterday's London sell-off on firm US yields reached a prior low of 1.3193, and the NY rebound stalled at the 50% fib near 1.3224. Price is just under both EMAs, RSI(14) is near 47 and ATR is around 4 pips, with the 1.3200 range floor 9 pips below.

Support: 1.3206, 1.3200, 1.3193

Resistance: 1.3222, 1.3254

What it said to watch

  • Failure to hold the asian low at 1.3206 into London open puts the 1.3200 range floor and 1.3193 prior low back in play
  • M15 close above the asian high at 1.3222 clears the 50% fib and opens the prior high at 1.3254
  • Fed's Waller 08:30 UTC and BoE Greene 09:15 GMT could break the Asian range
  • US jobless claims 12:30 UTC are a USD risk for any test of the 1.3200 range floor

04:31 UTC

Sideways after London sell-off · RSI 47 · price 1.32092

Tight Asian range inside a 15-hour 1.3206–1.3224 box.

Late Asia session, about 2.5h before London open. Price is mid-way through a 1.3206–1.3222 Asian range after a rejection at the asian high at 02:30 UTC; RSI(14) is neutral near 47. Wednesday's NY rebound off the 1.3193 prior low stalled at the 50% fib of the London drop as Treasury yields at multi-decade highs kept USD firm, leaving price pinned just above the 1.3200 range floor.

Support: 1.32058, 1.3200, 1.31933

Resistance: 1.32221, 1.32543

What it said to watch

  • M15 close below the 1.3206 asian low exposes the 1.3200 range floor and the 1.3193 prior low
  • Close above the 1.3222 asian high and the 50% fib reopens the path toward the 1.3254 prior high
  • Fed's Waller (08:30 UTC), BoE's Greene (09:15 UTC) and US jobless claims (12:30 UTC) could break the range

04:16 UTC

Flat after London sell-off, pinned near 1.3200 · RSI 51 · price 1.32108

Tight Asian range above 1.3200 floor; NY rebound capped at 50% fib.

Late Asia, GBPUSD is boxed in a 16-pip Asian range (1.3206–1.3222) just above the 1.3200 round number, after yesterday's 61-pip London slide from the 1.3254 prior high to a 1.3193 day low on the US yield surge. The NY rebound stalled at the 50% fib of that slide near 1.3224. Price sits flat just below EMA20/50, RSI(14) neutral near 51 and ATR compressed to about 4 pips.

Support: 1.32058, 1.3200, 1.31933

Resistance: 1.32221, 1.3231, 1.32543

What it said to watch

  • M15 close below the 1.3206 asian low exposes the 1.3200 round number and the 1.3193 day low
  • Break above the 1.3222 asian high and the 50% fib reopens the 1.3231 fib 61.8, with the 1.3254 prior high beyond
  • Fed's Waller (08:30 UTC), BoE's Greene (09:15 UTC) and US claims (12:30 UTC) could break the Asian range during London/NY

04:02 UTC

Flat after London-NY selloff, sideways drift · RSI 54 · price 1.32119

Tight Asian range 1.3206–1.3222 above the 1.3200 floor.

Late Asia session, GBPUSD is boxed in a 1.3206–1.3222 Asian range. The yield-driven London-NY drop from the 1.3254 london high to the 1.3193 day low rebounded only to the 50% fib of that move. Price sits flat on EMA20/50 with RSI(14) near 54, and the 1.3200 range floor is just under the Asian low.

Support: 1.3206, 1.3200, 1.31933

Resistance: 1.32221, 1.32543

What it said to watch

  • M15 close below the 1.3206 asian low exposes the 1.3200 range floor and the 1.3193 day low
  • Close above the 1.3222 asian high and 50% fib reopens the path to the 1.3254 london high
  • Fed's Waller 08:30 UTC, BoE's Greene 09:15 UTC and US jobless claims 12:30 UTC could break the Asian range

03:46 UTC

Flat after prior-day selloff, range-bound · RSI 51 · price 1.32114

Tight 1.3205–1.3224 range since NY rebound, mid-range.

London and NY sold GBPUSD from the 1.3254 london high to a 1.3193 ny low on the US-yield-driven dollar bid, before a rebound held the 50–61.8% zone of the NY rebound fib. Late Asia is mid-range at 1.3211 after rejection at the 1.3222 asian high, with the 1.3206 asian low below and RSI(14) flat near 51.

Support: 1.3206, 1.3200, 1.3193

Resistance: 1.3222, 1.3254

What it said to watch

  • Close below the 1.3206 asian low exposes the 1.3200 range floor and the 1.3193 ny low
  • Break of the 1.3222 asian high reopens the path toward the 1.3254 london high
  • Waller 08:30 UTC, BoE Greene 09:15 UTC and US jobless claims 12:30 UTC could materially shift this read
  • Loss of the 61.8% level of the NY rebound fib near 1.3205 weakens the rebound structure

03:31 UTC

Range after London sell-off, capped below 1.3224 · RSI 44 · price 1.32083

12h range 1.3206–1.3224, lower high in Asia.

Yesterday's London sell-off ran from the 1.3254 day high to a 1.3193 day low as US yields and the 10y auction tail lifted USD. Price has held a 1.3206–1.3224 range since. Late Asia, price was rejected at the 1.3222 asian high, below the NY high at 1.3224, and is back at the 1.3206 asian low, which is also the 50% retrace of the NY rebound.

Support: 1.3206, 1.3200, 1.3193

Resistance: 1.3222, 1.3254

What it said to watch

  • M15 close below the 1.3206 asian low exposes the 1.3200 range floor and the 1.3193 day low
  • Recovery through the 1.3222 asian high and 1.3224 NY high reopens the path toward the 1.3254 day high
  • London open in ~3.5h is likely to set the new session range
  • Fed's Waller (08:30 UTC) and BoE's Greene (09:15 UTC) could shift the read around the 1.3200 range floor

03:16 UTC

Sideways after selloff, slight downside drift · RSI 41 · price 1.32073

Range 1.3193–1.3224, Asia rejected range top.

Yesterday's London selloff from 1.3256 to 1.3193 stalled near the 50% fib, and price has ranged since. In Asia, price probed the range top at 1.3222 and was rejected back to the Asian low at 1.3206, now below the ema20 with RSI 41. The yield-driven USD bid keeps the 1.3200 range floor in focus into London open.

Support: 1.3206, 1.3200, 1.3193

Resistance: 1.3213, 1.3223

What it said to watch

  • An M15 close below the 1.3200 range floor exposes the day low at 1.3193; a break there extends the London selloff leg
  • A reclaim of the ema20 at 1.3213 and a close above the 1.3223 range top would break the range higher toward the 61.8% fib near 1.3232
  • Fed's Waller (08:30 UTC), BoE's Greene (09:15 UTC) and US jobless claims (12:30 UTC) could materially shift this read

03:02 UTC

Flat after London sell-off, coiling · RSI 45 · price 1.32133

Asian range 1.3206–1.3222 nested inside NY consolidation.

London sold off from 1.3254 to a 1.3193 london low as the bond selloff resumed. Demand around the 1.3200 psych floor turned it, but the bounce stalled at the 50% fib of the London drop near the 1.3224 ny high. Asia is now rotating inside a 1.3206–1.3222 range, with RSI(14) neutral near 45, ATR(14) at about 4.4 pips, and price sitting just under EMA20 and EMA50.

Support: 1.32058, 1.3200, 1.31933

Resistance: 1.32221, 1.32237, 1.32454

What it said to watch

  • M15 close above the 1.3222 asian high and the 1.3224 ny high breaks the Asian range and the 50% fib cap, which puts the 1.3245 lower high in play
  • Loss of the 1.3206 asian low exposes the 1.3200 psych floor, and a break of the 1.3193 london low confirms a lower-low
  • Fed's Waller at 08:30 UTC and BoE's Greene at 09:15 UTC land around the London open and could break the Asian range

02:46 UTC

Flat after London selloff, basing above 1.3193 · RSI 53 · price 1.3217

Post-selloff range 1.3193–1.3224, Asia testing the top.

Wednesday's London-NY slide from the 1.3255 prior high, driven by the bond selloff and firm USD yields, bottomed at the 1.3193 swing low after three NY-session tests, with the 1.3200 range floor reclaimed since. Late Asia bounced from the 1.3206 Asia low into the 1.3222–1.3224 NY high, which coincides with the 38.2% fib of the decline, and saw a first rejection there. RSI(14) is neutral near 53 and ATR is a quiet ~4 pips.

Support: 1.3206, 1.3200, 1.3193

Resistance: 1.3224, 1.3255

What it said to watch

  • M15 close above the 1.3224 NY high and 38.2% fib opens the 50% retrace near 1.3225–1.3230, with the 1.3255 prior high above
  • Loss of the 1.3206 Asia low returns focus to the 1.3200 range floor and 1.3193 swing low
  • Fed's Waller 08:30 UTC and BoE's Greene 09:15 UTC land just after London open and could break the range
  • US Initial Jobless Claims 12:30 UTC (f/c 200K) is the main NY-session driver for the 1.3200 range floor

02:31 UTC

Recovering within a range after an intraday sell-off · RSI 55 · price 1.32185

Higher lows off 1.3193, capped at 1.3222-1.3224.

The London sell-off on the bond rout and the 5.30% 10y auction briefly broke the 1.3200 range floor, reaching a day low of 1.3193. NY then recovered to the ny high at 1.3224, the 50% fib of the drop. Late Asia session is pressing the 1.3222 asian high from inside a 1.3206-1.3222 Asian range, holding the rising trendline, with RSI(14) neutral near 55.

Support: 1.3206, 1.3200, 1.3193

Resistance: 1.3222, 1.3224, 1.3254

What it said to watch

  • Close above the 1.3224 ny high and 50% fib reopens the path to the 1.3254 london high
  • Loss of the 1.3206 asian low and the rising trendline returns focus to the 1.3200 range floor and 1.3193 day low
  • Waller at 08:30 UTC and BoE's Greene at 09:15 UTC land around London open and could materially shift this read

02:16 UTC

Recovering from intraday low, momentum firming · RSI 61 · price 1.32217

Higher lows off 1.3193, pressing Asian range high.

Yield-driven USD strength after the 5.30% 10y auction pushed GBPUSD through the 1.3200 range floor in London-NY. Buyers stepped in twice at the 1.3193 swing low, making the move a false break. Mid-Asia, price is lifting off the 1.3206 Asian low and through the 1.3218 Asian high, now testing the 1.3224 NY high near the 50% fib of the 1.3256–1.3193 drop.

Support: 1.32058, 1.3200, 1.31933

Resistance: 1.32237, 1.32297, 1.32559

What it said to watch

  • M15 close above the 1.3224 NY high opens the 1.3230 breakdown level and the 61.8% fib
  • Loss of the 1.3206 Asian low breaks the rising support line and puts the 1.3200 range floor back in play
  • A close back below the 1.3193 swing low would invalidate the false break read
  • Waller at 08:30 UTC and BoE's Greene at 09:15 UTC could materially shift this read; prior high 1.3256 is the range-top reference

02:01 UTC

Recovering, higher lows off NY low · RSI 59 · price 1.32185

Range 1.3193–1.3224, testing Asian high.

The US yield-driven drop briefly pushed through the 1.3200 psych floor to a 1.3193 NY low before it reversed. Price has since held a rising trendline of higher lows. Mid-Asia session, price is pressing the Asian range high near 1.3218 after demand held the 1.3206 Asian low, and it sits just under the 1.3224 NY high with RSI(14) near 59.

Support: 1.3206, 1.3200, 1.3193

Resistance: 1.3224, 1.3250

What it said to watch

  • M15 close above the 1.3224 NY high opens the path toward the 1.3250 range top
  • Break of the 1.3206 Asian low and the rising trendline puts the 1.3200 psych floor and 1.3193 NY low back in play
  • Waller at 08:30 UTC and BoE's Greene at 09:15 UTC around the London open could materially shift this read

01:46 UTC

Down leg exhausted, sideways recovery · RSI 49 · price 1.3215

False break of 1.3200, lower highs into tight Asian range.

London's slide on the US yield jump pushed through the 1.3200 range floor to a 1.3193 swing low in early NY, but the break failed and the rebound stalled at the 1.3224 NY high, the 50% fib of the drop. Since then, lower highs have compressed price into a 1.3206–1.3218 Asian range, with the last bar near its top at 1.3215.

Support: 1.3206, 1.3200, 1.3193

Resistance: 1.3218, 1.3224, 1.3254

What it said to watch

  • M15 close above the 1.3218 asian high and the lower-highs trendline brings the 1.3224 ny high / 50% fib back into play
  • Above 1.3224, the 1.3254 london high is the next structural reference
  • Loss of the 1.3206 asian low reopens the 1.3200 range floor and the 1.3193 swing low; a close beneath it turns the false break into a lower-low
  • Fed's Waller (08:30 UTC) and BoE's Greene (09:15 UTC) could materially shift this read

01:16 UTC

Intraday downtrend paused, ranging above 1.3200 · RSI 46 · price 1.32098

1.3205-1.3224 range since NY rebound, Asia printing lower highs.

London sold GBPUSD from 1.3262 to a 1.3193 london low as US yields jumped after the 5.30% 10y auction and hawkish FOMC minutes. The NY rebound stalled at the 1.3224 ny high, and early Asia is drifting lower: lower highs from the 1.3218 asian high, price pressing the 1.3206 asian low just above the 1.3200 range floor.

Support: 1.32058, 1.3200, 1.31933

Resistance: 1.32181, 1.32237

What it said to watch

  • M15 close below the 1.3206 asian low puts the 1.3200 range floor in play
  • Break of the 1.3193 london low confirms a lower-low and reopens the intraday downtrend
  • Close above the lower highs line and the 1.3224 ny high invalidates the drift-lower read
  • Fed's Waller 08:30 UTC and BoE's Greene 09:15 UTC could materially shift this read at London open

01:01 UTC

Sideways after London-NY selloff, mild downside drift · RSI 43 · price 1.32081

Lower highs inside 1.3205–1.3224 range, Asia pressing range low.

Cable sold off from 1.3262 through London into NY as US yields jumped on the weak 10y auction and hawkish Fed minutes, putting in a double bottom at the 1.3193 day low before rebounding to the 1.3224 NY high. Since then it has posted lower highs along a descending line. Early Asia has faded from the 1.3218 Asian high to sit on the 1.3205 NY low, just above the 1.3200 range floor.

Support: 1.3205, 1.3200, 1.3193

Resistance: 1.3218, 1.3224

What it said to watch

  • M15 close below the 1.3205 NY low exposes the 1.3200 range floor and the 1.3193 day low
  • Loss of the 1.3193 day low breaks the double bottom and resumes the London-NY decline
  • Close above the 1.3218 Asian high and the descending line puts the 1.3224 NY high back in play
  • Fed's Waller at 08:30 UTC and BoE's Greene at 09:15 UTC could materially shift this read during London hours

00:46 UTC

Sideways after London sell-off, drifting lower in Asia · RSI 46 · price 1.3209

Range 1.3193–1.3224 with lower highs since NY high.

London sold GBP/USD from 1.3247 to a 1.3193 day low as US yields jumped after the weak 10y auction. The break of the 1.3200 range floor failed, and NY rebounded to the 1.3224 NY high. Since then lower highs, capped at the 1.3218 Asian high, have price drifting back toward the 1.3205 NY low near the 50% of the rebound fib, with RSI(14) neutral and ATR compressed in Asia.

Support: 1.3205, 1.3200, 1.3193

Resistance: 1.3218, 1.3224

What it said to watch

  • M15 close below the 1.3205 ny low puts the range floor at 1.3200 and the 1.3193 day low back in play
  • Acceptance below the 1.3193 day low turns the earlier false break into a lower-low
  • M15 close above the 1.3218 asian high breaks the lower highs line and reopens the 1.3224 ny high
  • Fed's Waller at 08:30 UTC and BoE's Greene at 09:15 UTC around London open could materially shift this read

00:31 UTC

Post-selloff range, momentum flat · RSI 50 · price 1.32106

Tight Asian range inside the 1.3193–1.3224 NY consolidation.

The London selloff from 1.3264 to the 1.3193 session low came on the US yield jump. NY's rebound stalled at the 1.3224 NY high, near the 38.2% retrace of the selloff, and price has since compressed above the 1.3200 psych floor. Early Asia session is holding a 9-pip Asian range of 1.3209–1.3218 with ATR(14) near 3 pips and no setup in play.

Support: 1.32085, 1.3200, 1.31933

Resistance: 1.32181, 1.32237

What it said to watch

  • M15 close below the 1.3209 asian low puts the 1.3200 psych level and the 1.3193 session low back in play
  • Acceptance above the 1.3218 asian high retests the 1.3224 ny high and the 38.2% selloff fib
  • Break of the 1.3193 session low resumes the London downtrend
  • Fed's Waller (08:30 UTC) and BoE's Greene (09:15 UTC) at London open could break the compression

00:16 UTC

Post-selloff consolidation, lower highs · RSI 44 · price 1.32097

London leg down to 1.3193, NY rebound capped at 50% retrace, now drifting in a tight Asia range.

Rising US yields after the 5.30% 10y auction and hawkish FOMC Minutes drove a London selloff from 1.3254 to a 1.3193 day low, which held three times during NY. The rebound stalled at the 50% retrace at 1.3224, and successive lower highs have since compressed price into a quiet Asia session just above the ny swing low at 1.3205 and the 1.3200 range floor.

Support: 1.32046, 1.3200, 1.31933

Resistance: 1.32181, 1.32237

What it said to watch

  • M15 close below the ny swing low at 1.3205 puts the 1.3200 range floor and the 1.3193 day low back in play
  • Acceptance below the 1.3193 day low would extend the London downtrend leg
  • Close above the 1.3218 lower high and the 50% retrace at 1.3224 breaks the lower-high sequence
  • Fed's Waller at 08:30 UTC and BoE's Greene at 09:15 UTC could shift this read into London

00:01 UTC

Flat after London sell-off, higher lows forming · RSI 54 · price 1.32133

NY range 1.3205–1.3224 above reclaimed 1.3200 floor.

London sold off from the 1.3254 london high to a 1.3193 session low as US yields jumped. That dip was a false break of the 1.3200 floor, which NY reclaimed. Price has since ranged 1.3205–1.3224, with the ny high capping at the 50% fib of the London drop and quiet early Asia trading tracking the higher-low trendline, just below the 1.3218 asia high.

Support: 1.3205, 1.3193

Resistance: 1.3218, 1.3224, 1.3254

What it said to watch

  • M15 close below the 1.3205 range low and the trendline puts the 1.3193 session low back in play
  • Acceptance above the 1.3224 ny high (50% fib) opens the 1.3254 london high
  • Fed's Waller (08:30 UTC), BoE's Greene (09:15 UTC) and US jobless claims (12:30 UTC) could break the range

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