09:18 UTC
Uptrend resuming after pullback · RSI 60 · price 1.36353
Higher-low intact, pressing range top.
Cable has carved a higher-low at 1.3548 after the early-week pullback and is now pressing back into the 1.3640-1.3658 range top that capped price last week. EMA20 and EMA50 are both below price and rising, with RSI at 60 confirming momentum without stretching. Multi-week structure is a broad rising channel from the 1.3445 low; the 1.3658 swing high is the immediate barrier.
Support: 1.3548, 1.3515, 1.3454
Resistance: 1.3643, 1.3658
What it said to watch
- H4 close above 1.3658 swing high opens path toward 1.3700 psych
- Loss of 1.3548 swing low breaks the higher-low sequence
- US CPI release this week could materially shift this read