Friday's blowout US NFP gapped Cable lower and drove it to a three-week low near 1.3306; this week price recovered toward 1.3410 before stalling and slipping back under EMA20 around 1.3380. RSI(14) has cooled to mid-range as the bounce loses steam, with the 1.3390/1.3410 band having capped the recovery. Demand stepped in twice along higher lows off 1.3306, leaving price consolidating in the mid-1.33s.
Support: 1.3358, 1.3330, 1.3306
Resistance: 1.3380, 1.3390, 1.3410
What it said to watch
H1 close above 1.3410 extends the recovery toward last week's range
Failure to hold 1.3358 opens the 1.3330 pivot then 1.3306 week low
US CPI Wed could materially shift this USD-driven read
Cable was knocked below 1.3400 to a three-week low after Friday's blowout US NFP fired a USD rally, then clawed back to 1.3410 before stalling. Price has slipped back under the EMA20 near 1.3379 and is consolidating in the mid-1.33s, with the 1.3358 swing low holding and the 1.3300 pivot the bigger floor beneath. The recovery off 1.3306 has lost steam with RSI(14) cycling around 45–50.
Support: 1.3358, 1.3306
Resistance: 1.3379, 1.3410
What it said to watch
UK April GDP Fri 06:00 UTC (f/c -0.1%) could break this consolidation
Sustained close below 1.3358 swing low opens the 1.3300 pivot
H1 close back above 1.3410 week high needed to revive the recovery
Rebound stalling below 1.3410, pulling back into EMA band.
Friday's blowout US NFP knocked Cable from 1.3475 to the low 1.333s, with a weekend gap reopening lower before this week's base built around 1.3306. A clean impulse back to 1.3410 has since rolled over — the leg up was USD-led after the Iran-Israel ceasefire trimmed haven demand, not GBP strength. Price now sits just under EMA20 having retraced to the 38% fib of that recovery, RSI(14) easing back toward 47 after failing to confirm the highs.
Support: 1.3358, 1.3306, 1.3300
Resistance: 1.3410, 1.3475
What it said to watch
US CPI Wed 12:30 GMT could materially shift this read
UK April GDP Fri 06:00 UTC — a contraction confirm pressures the 1.3300 pivot
Hourly close back above 1.3410 reopens the path toward 1.3475
Failure to hold 1.3358 puts the 1.3306 swing low back in play
22:02 UTC
Recovery fading, lower high · RSI 46 · price 1.33716
Pullback within mid-1.33s consolidation.
Cable was knocked through 1.3400 on Friday's blowout US NFP, printing a three-week low before recovering off 1.33058 back toward 1.34030. That swing high capped the bounce and price has faded into the mid-1.33s, sitting below EMA(20) but holding above EMA(50) with RSI(14) cycling near 46.
Support: 1.3358, 1.3330, 1.33058
Resistance: 1.3403, 1.3428
What it said to watch
H1 close above 1.34030 negates the lower high and opens 1.34280 weekly open
Loss of 1.33580 swing low reopens 1.33300 then week low 1.33058
US CPI Wed 12:30 GMT could materially shift this read
Friday's blowout US NFP drove the dominant move of the week — a sharp break lower from 1.3483 through 1.331 that pushed Cable below its 200-day. Since then price has clawed back to the mid-1.33s, holding above EMA(50) with RSI(14) cycling near neutral, but the latest push stalled at 1.3410. Price now sits right on EMA(20) after a pullback from that resistance.
Support: 1.3358, 1.3306, 1.3300
Resistance: 1.3411, 1.3430
What it said to watch
H1 close above 1.3410 challenges the post-NFP downtrend read
Failure to hold 1.3358 reopens the 1.3306 week low and 1.3300 pivot
UK GDP Fri 06:00 UTC could materially shift this read
Cable cratered Friday on the blowout US NFP, bottoming at 1.3306 before grinding back through the week to retest 1.3410 — a level the digest flags as resistance and that capped the bounce. The current leg lower has eased price back onto the EMA20 near 1.338 with RSI(14) cooling to the mid-40s, so the recovery is stalling rather than reversing. The move all week has been USD-led, with the Iran ceasefire whipsaw and hawkish Fed repricing dominating GBP's own soft-growth story.
Support: 1.3358, 1.3306
Resistance: 1.3410, 1.3448
What it said to watch
US CPI Wed 12:30 UTC is the dominant near-term risk and could reset this read
H1 close back above 1.3410 reopens the path toward 1.3448
Loss of the higher-low structure below 1.3358 exposes the 1.3306 week low
Friday's hot US NFP knocked Cable through 1.3400 to a three-week low near 1.33058 before demand stepped in and rebuilt a recovery into the swing high at 1.34106. That level rejected price overnight and Cable has eased back to 1.33863, holding just above EMA(20) with RSI(14) cycling near the mid-50s. Price is rangebound between the 1.33580 swing low and the 1.34106 cap, the move USD-driven on Fed repricing rather than sterling strength.
Support: 1.3358, 1.3330, 1.33058
Resistance: 1.34106, 1.3441
What it said to watch
H1 close above 1.34106 swing high opens the path toward the 1.34410 prior high
Loss of the 1.33580 swing low re-exposes the 1.33300 week pivot then 1.33058 week low
US CPI Wed 12:30 UTC could materially shift this read
Lower-high below 1.3410 after recovery from 1.3306.
Cable recovered off Monday's 1.3306 low back toward 1.3410 before stalling, a correction of last Friday's NFP-driven slide that drove price below 1.3400 to a three-week low. The pullback into the NY session found support near the 50% retrace around 1.3358 and price holds just above EMA(20). Resistance at 1.3410 capped the latest attempt, leaving a lower-high in place.
Support: 1.3358, 1.3300, 1.3306
Resistance: 1.3410, 1.3445
What it said to watch
H1 close above 1.3410 opens the path back toward 1.3445
Failure to hold 1.3358 reopens the 1.3300 pivot
US CPI Wed 12:30 UTC and UK GDP Fri 06:00 UTC could materially shift this read
Cable has clawed back from Monday's gap-down on a softer USD after the Iran ceasefire headlines, grinding up through EMA(20) toward 1.3410 across the NY session. That level capped the move and price has since pulled back into the mid-1.33s, with RSI(14) easing back toward neutral. The recovery sits above EMA(20)/EMA(50) but stalled below the week high.
Support: 1.3358, 1.33058
Resistance: 1.34106, 1.3439
What it said to watch
H1 close above 1.34106 needed to extend the recovery; rejection there capped this week
Failure to hold 1.33580 reopens the 1.33058 week low
US CPI Wed and UK GDP Fri could materially shift this read
Cable based twice around 1.331/1.333 after Friday's NFP-driven selloff and ground back up toward 1.341 through the NY session, but the level rejected and price has slid back to 1.3372. The advance was a USD-led relief move on Iran-Israel de-escalation rather than sterling strength; pullback now sits on the rising support off the week low with RSI back near neutral.
Support: 1.33582, 1.3330, 1.33058
Resistance: 1.3390, 1.34106
What it said to watch
Close below 1.33582 swing low reopens the 1.3300 pivot
Reclaim of 1.34106 week high needed to revive the recovery
US CPI Wed 12:30 UTC could materially shift this read
Cable crashed below 1.3400 to a three-week low near 1.3306 on Friday's blowout US NFP, then clawed back through this week's sessions to 1.3410 before getting rejected during the NY session and fading to 1.3372. RSI(14) is cycling mid-range and the recovery has lost thrust just under the prior-day high; price now sits right on EMA(20) after the pullback.
Support: 1.3358, 1.3330, 1.3306
Resistance: 1.34106, 1.3443
What it said to watch
Loss of 1.3358 reopens the 1.3300 psych pivot and week low at 1.3306
H1 close above 1.3410 reasserts the recovery toward 1.3443
US CPI Wed 12:30 UTC could materially shift this read; UK GDP Fri 06:00 UTC follows
17:01 UTC
Recovery off week lows, stalling near 1.3410 · RSI 54 · price 1.33847
Higher lows since the gap, capped at 1.3410.
Friday's blowout US NFP knocked Cable from 1.3483 to a 1.3306 base; after the weekend gap a steady recovery has carried price back above EMA(20) to a 1.3411 high before a shallow pullback to 1.3385. The leg up has held higher lows but the 1.3411 area capped the latest push, and price sits in the lower quarter of the recovery range with RSI(14) cycling mid-50s. The move has been USD-led, with the 1.3300 pivot the key downside marker into Wednesday's US CPI.
Support: 1.3375, 1.3306, 1.3300
Resistance: 1.3411, 1.3483
What it said to watch
Hourly close above 1.3411 opens the path back toward the 1.3483 pre-nfp high
Loss of the 1.3300 psych pivot reopens 1.3240 and confirms a lower low
US CPI Wed 12:30 GMT and UK GDP Fri 06:00 UTC could materially shift this read
Higher lows since post-gap low, retracing from week high.
Cable was knocked to a three-week low near 1.3300 on Friday's blowout US NFP, but has climbed steadily off the 1.3306 low since the week reopened, building higher lows into the 1.3410 week high as a softer USD on easing Mideast tensions capped the dollar. The latest leg has stalled, with price pulling back to 1.3385 — roughly a 23.6% retrace of the recovery — and holding above EMA20. Resistance at 1.3410 capped the advance; the 1.33723 swing low marks the first support.
Support: 1.33723, 1.3360, 1.3300
Resistance: 1.34106, 1.3400, 1.3460
What it said to watch
US CPI Wed 12:30 GMT could materially shift this read
Sustained close above 1.3410 wk high opens path toward 1.3460 prior high
Failure to hold 1.33723 swing low breaks the ascending support and threatens 1.3300 pivot
Cable was knocked below 1.3400 and through its 200-DMA on Friday's blowout US NFP, basing near 1.3300 before a steady, low-volatility recovery this week lifted it back to 1.3397. Price holds above EMA20 (~1.3375) with RSI(14) cycling near 60 on each leg, but the week high at 1.3410 has capped the advance and the bounce stalled there. Demand has stepped in repeatedly to build higher lows off the 1.3306 base.
Support: 1.3375, 1.3330, 1.3300
Resistance: 1.3410, 1.3470
What it said to watch
H1 close above 1.3410 opens the path toward the pre-nfp high near 1.3470
Failure to hold EMA20 near 1.3375 exposes the 1.3330 week low then the 1.3300 pivot
UK GDP Friday could materially shift this read
16:01 UTC
Corrective bounce within down move · RSI 62 · price 1.3397
Higher lows off 1.3300, capped near 1.3410.
Cable bled through its 200-DMA below 1.3400 on Friday's blowout US NFP, bottoming near 1.3300 before a steady recovery clawed back into the NY session. Price now sits above EMA20 and EMA50 with RSI cycling near 60, but the climb stalled at the 1.3390/1.3410 band that has capped this week. The bounce off the three-week low reads corrective against the broader USD-led slide.
Support: 1.3360, 1.3300, 1.3240
Resistance: 1.3410, 1.3475
What it said to watch
Reclaim of 1.3410 needed to neutralize the bearish tilt and open 1.3475
Failure to hold 1.3360 EMA cluster reopens the 1.3300 pivot; sustained break exposes 1.3240
UK GDP Fri 06:00 UTC could materially shift this read
Cable has ground higher off the new-week low near 1.3306, posting higher lows since Monday's open and reclaiming the psych 1.3400 handle into the NY session. The slide that broke 1.3400 last week came on Friday's blowout US NFP, but USD has since eased off two-month highs as Mideast de-escalation drained the safe-haven bid, letting GBPUSD recover. Price now sits against the 1.3411 week high with RSI(14) in the low-60s and trading above both H1 EMAs.
Support: 1.3335, 1.33058
Resistance: 1.3400, 1.34106
What it said to watch
Hourly close above 1.34106 week high extends the recovery
Loss of 1.3335 consol low reopens the 1.3306 week low
Higher highs/higher lows since Monday's low, within a broader weekly slide.
Cable has ground higher off the 1.3306 low through Monday's NY session and into today, reclaiming the 1.3390/1.3410 zone after Friday's NFP-driven slide through the 200-DMA. Price sits above EMA20 and EMA50 with RSI(14) cycling around 60, but the recovery stalled at 1.34106 and the move retraces roughly half of last week's drop — a corrective bounce per the USD softening on Iran de-escalation. The weekend gap lower near 1.33215 marks the week's open.
Support: 1.3330, 1.33058, 1.33215
Resistance: 1.34106, 1.3443
What it said to watch
US CPI Wed 12:30 GMT is the dominant near-term risk to this read
Reclaim and hold above 1.34106 would extend the recovery toward 1.34430
Failure to hold the 1.3330 pivot reopens the 1.3306 swing low
UK GDP Friday could materially shift the structure
Cable has ground higher in a clean channel of higher lows since the week-low print near 1.3306, with price now back above EMA20 and EMA50 as the dollar corrected on Mideast de-escalation. The move is corrective after Friday's NFP-driven slide that cut through 1.3470 down to the 1.3306 area; RSI(14) has cycled up toward 67 without yet stretching. The 1.3390/1.3410 resistance zone is the immediate test as price retraces the week's down leg.
Support: 1.3372, 1.3330, 1.3306
Resistance: 1.3410, 1.3470
What it said to watch
Sustained H1 close above 1.3410 would neutralise the corrective read and expose the 1.3470 fri high
Failure to hold the higher-lows structure and a break back below 1.3330 swing low reopens the 1.3306 week low
US CPI Wed 10 Jun 12:30 UTC could materially shift this read
14:01 UTC
Recovering off week's low, momentum up · RSI 64 · price 1.34032
Rounded base, sequence of higher lows reclaiming 1.3400.
Friday's strong US NFP drove the slide below 1.3400 and into a 1.3310–1.3360 base over the weekend gap. Since then Cable has carved higher lows through the Asia and London sessions and pushed back through 1.3400 into NY, with RSI(14) cycling higher near 64. The 1.3410 zone flagged earlier in the week is now the immediate cap.
Support: 1.3360, 1.3330, 1.3300
Resistance: 1.3410, 1.3450
What it said to watch
Sustained close above the 1.3410 uob zone opens the path back toward 1.3450
Loss of the 1.3360 range base reopens 1.3330 and the 1.3300 pivot
US CPI Wed could materially shift this read on the USD leg
Cable cratered Friday on the blowout US NFP, slicing from 1.3483 to the 1.3300 three-week low. Since then it has based and ground back above EMA20 and EMA50, with RSI(14) pushing into the high-60s as it retests the 1.3390/1.3410 supply zone. The recovery looks corrective into Wednesday's US CPI.
Support: 1.3365, 1.3300
Resistance: 1.3410, 1.3483
What it said to watch
H1 close above 1.3410 opens the path back toward 1.3483
Failure to hold 1.3365 (ema20) risks a fade toward the 1.3300 pivot
US CPI Wed 12:30 UTC could materially shift this read
Higher lows since 1.3306, testing resistance zone.
Cable has ground higher off the 1.3306 week low, climbing through the NY session and into Asia to retest the 1.3390/1.3410 resistance zone flagged in the digest, as USD corrected off two-month highs on Mideast de-escalation. Price holds above EMA20 and EMA50 with RSI(14) near 65, marking a series of higher lows since Monday's weekend gap lower. The bounce remains corrective within a bearish weekly tone after the break of the 200-DMA on Friday's NFP beat.
Support: 1.3360, 1.3333, 1.3306
Resistance: 1.3410, 1.3450, 1.3483
What it said to watch
Hourly close above the 1.3410 resist zone opens 1.3450 then the 1.3483 week high
Failure to hold 1.3360 ema20 reopens the 1.3306 week low
US CPI Wed 12:30 UTC could materially shift this read
12:01 UTC
Recovery, momentum building · RSI 69 · price 1.33965
Higher-lows off week low, reclaiming range.
Cable has clawed back from the post-NFP slide to last week's 1.3306 low, climbing through the prior high near 1.3390 into the NY session with RSI(14) pushed near 70. Price now sits above both EMA(20) and EMA(50), the recovery driven by a USD correction on Iran-deal hopes rather than fresh Sterling strength. The 1.3300 pivot has held as the line in the sand while 1.3390/1.3410 remains the immediate ceiling.
Support: 1.3360, 1.3330, 1.33058
Resistance: 1.3410, 1.3443
What it said to watch
H1 close above 1.34100 opens the path toward 1.34430
Failure to hold 1.33300 reopens last week's lower-low toward 1.33058
US CPI Wed 12:30 UTC is the parallel USD risk and could materially shift this read
Cable based near 1.3306 mid-week — Friday's blowout US NFP drove the prior leg below 1.3400 — and has clawed back through the London-NY sessions on a USD breather tied to Iran-deal headlines, printing higher lows into 1.3397. Price now sits above EMA20 with RSI in the mid-60s, pressing the 1.3390/1.3410 band that capped earlier this week. The move is USD-correction-led rather than fresh Sterling demand.
Support: 1.3340, 1.3306, 1.3300
Resistance: 1.3410, 1.3450
What it said to watch
US CPI Wed 12:30 UTC is the immediate USD-side risk and could reshape this read
UK GDP Fri 06:00 UTC (f/c -0.1%) the parallel GBP catalyst
H1 close above 1.3410 opens the path toward 1.3450
Failure to hold 1.3340 puts the 1.3306 base back in play
Cable carved a base near 1.3300 after Friday's NFP-driven slide to a 3-week low, and has climbed steadily since the weekend open as the USD took a breather on Iran-deal hopes. Price holds above EMA20 with RSI(14) pushing into the high-60s, now retesting the 1.3390/1.3410 band that capped earlier in the week. The recovery is USD-led rather than a fresh Sterling catalyst.
Support: 1.3355, 1.33058, 1.3300
Resistance: 1.3390, 1.3410
What it said to watch
Close above 1.3410 invalidates the capped read and opens higher
Failure to hold 1.3300 confirms a lower low, exposing 1.3240
US CPI Wed 12:30 UTC is the parallel USD risk that could shift this read
11:01 UTC
Recovery rally off the week's low · RSI 71 · price 1.33882
Higher lows since Monday, retracing Friday's drop.
Cable has worked steadily higher off Monday's 1.33058 low, a USD breather on easing Middle East tensions rather than fresh Sterling strength. Price now sits above EMA20 and EMA50 with RSI(14) elevated near 70, pressing into the 1.3390/1.3410 resistance band that capped earlier this week. The recovery is unfolding inside the broader Friday NFP-driven decline from 1.3483.
Support: 1.3355, 1.3306, 1.3300
Resistance: 1.3410, 1.3475
What it said to watch
sustained move above 1.3410 extends the recovery toward 1.3475
loss of the 1.3300 pivot exposes 1.3240
US CPI Wed 12:30 UTC is the parallel USD-side risk that could shift this read
The week opened mid-1.34s before Friday's blowout NFP fuelled a Dollar rally that drove Cable through 1.3400 and the 200-DMA down to a three-week low at 1.33058. Price has since carved a rounded bottom and reclaimed EMA20, grinding back toward the session high at 1.33824 with RSI(14) cycling up to the low 60s. The 1.3410 resistance zone has capped prior recovery attempts; the 1.3300 psych pivot remains the structural floor.
Support: 1.3350, 1.3300, 1.33058
Resistance: 1.33824, 1.3410
What it said to watch
H1 close above the 1.3410 resist zone needed to extend the recovery
Failure to hold 1.3300 pivot reopens the week low at 1.33058
US CPI Wed 12:30 UTC could materially shift this read
10:01 UTC
Recovering off week lows, short-term up · RSI 62 · price 1.33793
Higher lows since Monday's trough, capped under 1.3400.
Friday's blowout NFP drove Cable through 1.3400 and its 200-DMA, and a weekend gap left a print near 1.3306 to start the week. Since then price has carved higher lows through the London-NY sessions, reclaiming EMA(20) with RSI(14) holding the low-60s. The 1.3385/1.3410 band is the immediate ceiling — area to watch for rejection or break as the recovery retraces the week's slide.
Support: 1.3358, 1.3330, 1.33058
Resistance: 1.3385, 1.3405, 1.3410
What it said to watch
Close above 1.3410 resistance opens the path back toward 1.3450
Loss of the 1.3358 higher low reasserts the week's downtrend; sustained break of 1.3300 pivot exposes 1.3240
UK GDP Thursday 06:00 UTC (f/c -0.1%) could materially shift this read
Cable gapped lower over the weekend into a 1.33058 low, then carved a series of higher lows back above EMA(20), reclaiming the mid-1.3300s after Friday's NFP-driven break of 1.3400. The recovery has stalled into 1.3375 session highs, marking roughly a 38% retrace of the prior selloff from 1.3483. Price sits below EMA(50), leaving the broader weekly structure heavy despite the bounce.
Support: 1.33327, 1.33058, 1.3300
Resistance: 1.33746, 1.3390
What it said to watch
US CPI Wed 12:30 GMT is the week's main catalyst and could materially shift this read
Sustained close above 1.33746 opens the path toward the 1.3390 resistance zone
Loss of 1.33327 higher low re-exposes 1.3300 pivot and the 1.33058 week low
09:01 UTC
Recovering within larger downtrend · RSI 61 · price 1.33663
Higher lows off three-week low.
Cable cratered through 1.3400 and its 200-DMA on Friday's blowout US NFP, then opened this week with a weekend gap lower before basing around the 1.3306 three-week low. Price has since built higher lows back to 1.3366 with RSI(14) cycling up through 60, reclaiming EMA(20) but still below EMA(50). Resistance at the 1.3375 session high has capped the latest push; the 1.3390/1.3410 zone above is the context-flagged cap.
Support: 1.3330, 1.3306, 1.3300
Resistance: 1.33746, 1.3390, 1.3445
What it said to watch
Hourly close above 1.3390 opens the 1.3410 resistance
Failure to hold 1.3306 reopens the week low and 1.3300 psych pivot
US CPI Wed 12:30 GMT is the dominant near-term Cable driver and could reset this read
Higher lows since the post-gap base, capped under 1.3390.
Cable gapped lower into the new week after Friday's NFP-driven slide ripped it through 1.3400, basing near the 1.3306 swing low before grinding back to the mid-1.3300s. Price now holds above EMA(20) with RSI cycling into the high-50s, but the 1.3374 session high and the 1.3390 supply zone have kept the recovery contained. The broader H1 structure remains a downtrend; the current leg is a retrace of the post-NFP impulse.
Support: 1.3306, 1.3300, 1.3240
Resistance: 1.3374, 1.3390, 1.3410
What it said to watch
H1 close above 1.3390 challenges the post-NFP supply zone
Failure to hold 1.3300 pivot reopens 1.3240
US CPI Wed 12:30 GMT could materially shift this read
07:01 UTC
Recovery off week lows, momentum building · RSI 58 · price 1.33585
Basing above week low, higher lows into NY.
Cable carved a base in the low-1.33s after Friday's blowout-NFP USD rally sliced it from 1.3483 to a 1.3306 week low. Buyers have stepped in through the NY session, lifting price back toward the 1.3369 week high with RSI(14) cycling back above 55 and price holding above EMA(20). The 1.3322 weekly open is the pivot for the recovery, with the 1.3394 fib 50% of the drop the next overhead area.
Support: 1.33215, 1.3333, 1.33058
Resistance: 1.33693, 1.33944
What it said to watch
H1 close above 1.3369 week high extends the recovery toward the 1.3394 fib 50%
Failure to hold the 1.3322 weekly open reopens the 1.3306 week low
US CPI Wed 12:30 UTC could materially shift this read
07:01 UTC
Downtrend, recovering off lows · RSI 60 · price 1.33585
Basing after NFP slide, higher lows since reopen.
Cable was knocked sharply lower into the 1.3300 area after Friday's blowout NFP print drove the dollar bid, then gapped slightly down on the weekend reopen. Price has carved a series of higher lows since, grinding back above EMA(20) with RSI(14) cycling up through 60. The 1.3360-1.3365 session high is the immediate cap, with this-week resistance stacked at 1.3390.
Support: 1.3330, 1.3306
Resistance: 1.3365, 1.3390
What it said to watch
H1 close above 1.3390 challenges this-week resistance and the prior recovery cap
Failure to hold the 1.3300 pivot reopens the 1.3240 area
US CPI Wed 12:30 UTC could materially shift this read
Friday breakdown, gap-down, low-1.33s base recovering.
Cable sliced from 1.3483 through Friday's NY session on the blowout NFP, cracking the 200-DMA and opening with a weekend gap down into the low 1.33s. Price has since carved a rounded base between 1.3306 and 1.3369 and ground back up through the NY-into-Asia hours, now pressing the 1.3369 week high with RSI cycling back above 50. EMA(20) is now beneath price while EMA(50) caps just overhead.
Support: 1.33308, 1.33058, 1.3300
Resistance: 1.33693, 1.3390
What it said to watch
Hourly close above 1.3369 exposes the 1.3390 prior-resistance shelf
Failure to hold 1.3331 reopens 1.3306 and the 1.3300 psych pivot
US CPI Wed 12:30 UTC could materially shift this read
Cable was hammered out of 1.3483 on Friday's blowout US NFP, slicing through the 200-DMA into the low-1.33s. Since the weekend gap it has based around 1.3306 and ground higher, RSI(14) recovering toward 58 and price back above EMA(20) but still capped under EMA(50). The 1.33690 swing high marks the top of this week's recovery range; 1.33058 is the floor.
Support: 1.33308, 1.33058, 1.3317
Resistance: 1.3369, 1.3404, 1.3440
What it said to watch
H1 close above 1.33690 opens room toward the 1.34040 gap edge
Loss of 1.33308 higher low reopens the 1.33058 week low
US CPI Wed 12:30 UTC could materially shift this read
UK GDP Thu 06:00 UTC (f/c -0.1%) a key risk for the basing read
Lower highs into low-1.33s, consolidating off week low.
Cable sold off hard after Friday's blowout NFP, the USD-led leg dragging it from 1.3483 to a week low at 1.3306. Price has since based in the low-1.33s and recovered back above EMA(20), with RSI(14) lifting off oversold toward the mid-50s. The 1.3369 swing high and the 1.3390/1.3410 zone still cap rebounds, while 1.3300 remains the line in the sand below.
Support: 1.33058, 1.3300, 1.3340
Resistance: 1.33693, 1.3410
What it said to watch
US CPI Wed 12:30 UTC is the main 24h driver for Cable
UK GDP Thu 06:00 UTC could materially shift this read
Sustained close below 1.3300 opens 1.3240
Close above 1.3410 invalidates the lower-high structure
Cable sold off hard mid-week after Friday's blowout US NFP reset Fed pricing hawkish, dropping from ~1.3483 to a 1.3306 week low in a single USD-led leg. Price reopened with a weekend gap lower then recovered into the low-1.33s, now stabilising around 1.3348 just above EMA(20) with RSI(14) back near neutral. The 1.3300 pivot held on the dip while rebounds have stalled below the 1.3369 swing high.
Support: 1.3300, 1.33058
Resistance: 1.33693, 1.3390, 1.3410
What it said to watch
Sustained H1 close below 1.3300 opens 1.3240
Reclaim of 1.3390/1.3410 needed to neutralise the lower-high structure
US CPI Wed 12:30 UTC is the main near-term driver for this pair
UK GDP Thu 06:00 GMT could pressure the 1.3300 floor
Cable spent the week sliding from 1.3483 to a three-week low at 1.3306 as a post-NFP USD rally dominated, before bouncing back to ~1.3348. Price has reclaimed EMA(20) on this recovery but sits below EMA(50), with the weekend gap down to 1.3215 already filled; RSI(14) has cycled back to mid-range. The 1.3390 rebound cap and the 1.3300 psych pivot frame the current base.
Support: 1.3306, 1.3300
Resistance: 1.3369, 1.3390
What it said to watch
Sustained break of 1.3300 psych pivot opens 1.3240
H1 close above 1.3390 rebound cap needed to negate downside pressure
US CPI Wed 12:30 UTC and UK GDP Thu 06:00 GMT could materially shift this read
04:01 UTC
Downtrend, basing near lows · RSI 53 · price 1.33478
Lower highs into 1.3300 floor, recent stabilisation.
Cable has been in a downtrend since the sharp NFP-driven drop from 1.3483 mid-window, with a weekend gap lower into the new week's open near 1.3322. Price carved a double bottom around 1.3306–1.3300 and has recovered back above EMA(20), but the 1.3390/1.3410 zone has capped each rebound and RSI(14) is cycling mid-range. The leg up was USD-led, easing as Iran-Israel de-escalation trimmed the safe-haven bid.
Support: 1.3300, 1.3306, 1.3338
Resistance: 1.3390, 1.3410, 1.3483
What it said to watch
H1 close above 1.3410 would break the lower-high sequence
Loss of 1.3300 floor confirms a lower-low toward 1.3240
US CPI Wed 12:30 UTC is the main near-term driver for this read
Lower highs into a low-1.33s consolidation off the week low.
Cable trended lower through the week from ~1.3483, breaking 1.3400 on Friday's strong-NFP USD bid and bottoming at the 1.33058 week low. After a weekend gap lower it has based in the low 1.33s, with the latest NY session lifting price back toward the 1.3369 prior high while EMA(50) still caps overhead. Move has been USD-led; 1.3300 remains the pivot and the 1.3390 region has been capping bounces.
Support: 1.3300, 1.33058
Resistance: 1.33693, 1.3390
What it said to watch
H1 close above 1.3390 needed to unwind the lower-high structure toward 1.3410
Sustained break below the 1.3300 pivot opens the 1.3240 area
UK GDP Thu 06:00 GMT could materially shift this read
03:01 UTC
Downtrend, basing after selloff · RSI 52 · price 1.33504
Low-1.33s range above week low.
Cable sold off from 1.3483 into a 1.3306 low after Friday's blowout NFP fuelled a USD rally, then based through the week in the low-1.33s. Price has recovered to 1.3350, sitting back above EMA(20) but still under EMA(50), with RSI(14) cycling around 50. The 1.3306 week low and the 1.3300 pivot have held demand, while rebounds have so far stalled below 1.3370.
Support: 1.33058, 1.3300, 1.3240
Resistance: 1.33693, 1.3390, 1.3410
What it said to watch
Sustained break of 1.3300 opens 1.3240
H1 close above 1.3390/1.3410 caps rebounds for now
US CPI Wed 12:30 GMT and UK GDP Thu 06:00 GMT can reset this read
02:01 UTC
Downtrend, momentum stalling into a range · RSI 47 · price 1.33382
Lower highs into consolidation above 1.3300 floor.
Cable slid from above 1.3480 to a three-week low near 1.3306 after Friday's blowout US NFP revived a firmer USD, and price has since consolidated in the mid-1.3330s just above EMA20 but below EMA50. Monday's bounce stalled at the 1.3390/1.3410 resistance band, with demand twice stepping in around the 1.3300 floor. RSI(14) has recovered off the lows to mid-range as the slide pauses.
Support: 1.3306, 1.3300
Resistance: 1.3350, 1.3390, 1.3410
What it said to watch
H1 close below 1.3300 confirms a lower low and opens 1.3240
Reclaim of 1.3390/1.3410 resistance band would ease the downside pressure
UK GDP Thu 06:00 GMT could materially shift this read
Cable broke hard from above 1.3480 into Friday's NFP blowout, with the 1.34050 area marking the start of the impulsive leg lower and the move bottoming at 1.33058. Since the weekend gap, price has churned in a 1.3330–1.3370 band, holding under a flattening EMA20 with RSI(14) cycling in the mid-40s — momentum has cooled but no recovery of structure has occurred. The 1.3300 floor and 1.3390/1.3410 supply band frame the consolidation.
Support: 1.33058, 1.3300
Resistance: 1.3349, 1.33693, 1.3405
What it said to watch
H1 close below 1.33058 confirms a lower-low toward the 1.3300 floor
Reclaim of 1.33490 then 1.33693 needed to ease the downside structure
US CPI Wed and UK GDP Thu (-0.1% f/c) can materially reset this read
01:01 UTC
Downtrend, consolidating near lows · RSI 44 · price 1.33314
Range above 1.3300 after NFP break.
Cable broke below 1.3400 on Friday's blowout US NFP, then gapped lower into this week's open near 1.3320 as USD strength extended. Price has consolidated in a 1.3306–1.3369 band since, capped below EMA20 with RSI cycling in the mid-40s. The 1.3300 floor remains intact but momentum stays heavy after the impulse lower.
Support: 1.3306, 1.3300, 1.3240
Resistance: 1.3342, 1.3369, 1.3410
What it said to watch
H1 close below 1.3300 confirms a lower-low, opening 1.3240
Reclaim of 1.3369 would challenge the consolidation top
US CPI Wed and UK GDP Thu could materially shift this read
Consolidation above the 1.3300 floor after this week's leg lower.
Cable broke from above 1.3480 down to 1.3306 on Friday's NFP shock, the print doubling forecasts and reviving Fed-hike pricing — USD dominance has driven the entire week. Price has since chopped sideways in the low 1.3300s, holding above the 1.3300 floor and capped by the 1.3390/1.3410 band, with the bounce off the 1.33058 week low fading back toward the lows. RSI(14) is sub-50 and EMA20/EMA50 sit overhead, both consistent with a heavy tone.
Support: 1.3300, 1.33058
Resistance: 1.3339, 1.33693
What it said to watch
H1 close below 1.3300 confirms a lower low and opens 1.3240
Reclaim of the 1.3390 resist band needed to ease the downside pressure
US CPI Wed 12:30 UTC and UK GDP Thu 06:00 GMT could materially shift this read
Cable broke down from 1.3483 into the 1.3306 swing low after Friday's blowout US NFP doubled forecasts and revived Fed-hike pricing. Since the weekend gap-down the pair has consolidated in the low-1.3300s, basing just above the 1.3300 floor with RSI(14) flat near 46. The 1.3390/1.3410 supply band has capped the recovery attempt that stalled at 1.3369.
Support: 1.33058, 1.3300, 1.3340
Resistance: 1.33693, 1.3410, 1.3483
What it said to watch
H1 close below 1.3300 opens 1.3240
Reclaim of 1.3390/1.3410 needed to neutralise the downtrend
UK GDP Fri 06:00 UTC could materially shift this read
00:01 UTC
Downtrend, consolidating near lows · RSI 47 · price 1.33405
Lower highs into a range above 1.3300.
Cable sold off hard Friday after the blowout US NFP print, dropping from 1.3483 to a 1.3306 weekly low and snapping the early-week uptrend. Price has since stabilised in a tight range through the latest sessions, holding mid-1.330s with RSI(14) recovering toward neutral. The 1.3390/1.3410 supply band has capped rebounds while the 1.3300 floor remains intact.
Support: 1.3306, 1.3300
Resistance: 1.3369, 1.3390
What it said to watch
H1 close below 1.3300 opens the path to 1.3240
Reclaim of the 1.3390/1.3410 supply band would neutralise the lower-high structure
UK GDP Fri 06:00 UTC could materially shift this read