09:18 UTC
Uptrend, pullbacks shallow · RSI 60 · price 1.36353
Higher highs, higher lows since Monday.
GBPUSD has trended higher all week, with each pullback finding bids at or above the rising EMA(20) and the 1.3600 psych level holding cleanly on Wednesday's flush. Price is grinding back toward the week high at 1.36430 after a controlled retest of 1.3583, with RSI(14) cycling 50–65 — momentum intact but not stretched. Tone since Monday's open has been one-way, with the dominant push coming during NY hours mid-week.
Support: 1.3600, 1.3583, 1.3547
Resistance: 1.3643, 1.36306
What it said to watch
- H1 close back below 1.36000 psych would break the higher-low sequence
- Break and hold above 1.36430 week high extends the channel
- Failure to reclaim 1.36306 session high signals momentum stall
- US CPI commentary flow this week keeps USD-side headline risk live