Cable has ground higher since Monday's open to fresh 3-week highs, printing 1.34306 in yesterday's NY session as the USD softened on split FOMC minutes and US-Iran peace hopes. Price now consolidates just above the 1.3400 round number, holding above EMA20 with RSI cycling in the mid-50s; the 1.3410 area that capped rallies all week has been reclaimed. Higher lows off the 1.3322 base remain intact, with the week high at 1.34306 the immediate ceiling.
Support: 1.3400, 1.3380, 1.3315
Resistance: 1.34306, 1.3470
What it said to watch
H1 close above 1.34306 opens the path toward 1.3470
Failure to hold the 1.3400 round number exposes the 1.3380 swing low
Break below 1.3315 wk support would end the week's advance
Higher lows since Wednesday, coiling below week high.
Cable extended a second day of gains to 3-week highs just above 1.3400 as the USD softened on split FOMC minutes and US-Iran peace hopes. Higher lows have built since Wednesday's dip to 1.3332, with price holding over EMA(20) and RSI cycling in the mid-50s. The 200-day EMA barrier just under 1.3410 has capped repeatedly, and this week's high at 1.34306 remains untested since the pullback off 1.34191.
Support: 1.3402, 1.3384, 1.3332
Resistance: 1.3419, 1.34306, 1.3410
What it said to watch
H1 close above 1.34306 (week high) opens the path to 1.3470
Loss of 1.3402 swing low would break the higher-low sequence
Failure to hold 1.3384 exposes the 1.3332 week low
US CPI (Jul 14) is the dominant near-term catalyst for this read
Cable ground higher through the week to fresh three-week highs above 1.3400 as the dollar softened on split Fed minutes and easing safe-haven demand. Since the NY push to the 1.3430 week high on Wednesday, price has consolidated in the 1.3384-1.3420 band, holding above EMA20 with RSI cycling around 50-55. The 1.3420 range top has capped the two most recent attempts.
Support: 1.3384, 1.3355, 1.3330
Resistance: 1.3420, 1.3430
What it said to watch
H1 close above 1.3430 opens the path toward the 1.3470 barrier
Failure to hold the 1.3384 swing low exposes 1.3355 then the week low at 1.3330
Higher highs and higher lows, consolidating below week high.
Cable ground higher for a second day to fresh three-week highs above 1.3400 as the dollar slipped post split-signal FOMC minutes, with price holding above EMA20 through the NY session. The move stalled at 1.3431 (week high) and has since drifted into a tight 1.3384-1.3416 range, RSI(14) easing back from stretched levels. Structure stays constructive with higher lows off the mid-week 1.3322 base intact.
Support: 1.3384, 1.3400, 1.3322
Resistance: 1.3416, 1.3431
What it said to watch
H1 close above 1.3416 reopens the 1.3431 week high and 1.3470 resistance zone
Failure to hold 1.3384 would break the higher-low sequence off 1.3322
US CPI Tue 12:30 UTC could materially shift this read
Cable posted a second day of gains to fresh three-week highs, tagging 1.34306 before easing back to the 1.3408 area as the USD softened on split-signal FOMC minutes. Higher lows have held since Tuesday's 1.3322 dip, with pullbacks finding the EMA20 near 1.3400. RSI(14) sits in the high 50s, cooling off the highs rather than diverging.
Support: 1.3400, 1.3384, 1.3341
Resistance: 1.34306, 1.3470
What it said to watch
Hourly close above the 1.34306 week high opens the path toward the 1.3470 resistance zone
Failure to hold 1.3384 swing low would break the run of higher lows
US CPI Tuesday could materially shift this read via the USD leg
Higher highs and higher lows, consolidating below week high.
Cable has ground higher since Tuesday's session lows near 1.3322, printing a fresh three-week high at 1.3431 into the NY session yesterday as the dollar softened on split FOMC minutes and GBP outperformed across G10. Price is now easing back to 1.3408, holding above EMA(20) with RSI cycling in the mid-50s as momentum flattens. The 1.3419 recent high caps the immediate advance, with the week high at 1.3431 and the wider 200-day resistance band overhead.
Support: 1.3398, 1.3384, 1.3330
Resistance: 1.3419, 1.3431
What it said to watch
H1 close above 1.3431 week high opens the path toward the 200-day/1.3470 resistance zone
Failure to hold the 1.3384 swing low signals a lower-low and pullback toward week support at 1.3330
US CPI (Jul 14) could materially shift this read
20:01 UTC
Uptrend, consolidating near highs · RSI 54 · price 1.34085
Higher highs and higher lows, stalling below week high.
Cable ground up to fresh three-week highs above 1.3400 as the dollar pulled back after divided FOMC minutes, tagging 1.3431 in the NY session before easing. Price is consolidating just above EMA(20) with RSI(14) cycling in the mid-50s, and the 1.3431 week high has capped the latest push. Higher lows off midweek's 1.3322 base keep the weekly structure intact.
Support: 1.3384, 1.3335, 1.3322
Resistance: 1.3431, 1.3470
What it said to watch
H1 close above 1.3431 opens the path toward the 1.3470 200-day cap
Loss of 1.3384 swing low would break the week's higher-low sequence
US CPI Mon 12:30 UTC is the next major test for this read
Higher highs and higher lows, consolidating below week high.
Cable ground higher since Monday's open to fresh three-week highs, tagging 1.34306 as the softer USD post-FOMC minutes and BoE hike repricing lifted sterling. Price now consolidates above the 1.3400 round number after the week high capped the NY push; RSI(14) has eased from the extreme without breaking below its mid-range. Both EMAs sit below price, keeping the intraday-to-swing structure constructive.
Support: 1.3400, 1.33842, 1.33285
Resistance: 1.34306, 1.3470
What it said to watch
H1 close above 1.34306 week high opens the path toward the 1.3470 200d ema barrier
Failure to hold the 1.3400 round number puts the 1.33842 swing low back in play
US CPI on Mon 14 Jul could materially shift this read
19:01 UTC
Uptrend, grinding higher · RSI 61 · price 1.34155
Higher highs and higher lows since Tuesday's low.
Cable extended to fresh three-week highs above 1.3400 for a second day as the dollar softened after the split-signal Fed minutes. The move from Tuesday's 1.3322 low has held above EMA(20) with RSI(14) cycling in the 55-65 band, and the week high at 1.34306 has capped the latest push. Pullbacks into the NY session found demand around 1.3384, keeping the higher-low sequence intact.
Support: 1.3400, 1.33842, 1.33566
Resistance: 1.34306, 1.3470
What it said to watch
H1 close above 1.34306 opens the path toward the 1.3470 barrier
Failure to hold 1.3400 exposes 1.33842, then 1.33566
US CPI Jul 14 is the main event risk that could reset this read
19:01 UTC
Uptrend, steady momentum · RSI 61 · price 1.34155
Higher highs and higher lows since Tuesday.
Cable has ground higher for a second day to 3-week highs above 1.3400, holding above EMA20 as USD softened following the split-signal Fed minutes. The dominant push came in the NY session with the spike to the 1.34306 week high, followed by a shallow pullback to 1.33805 that buyers reclaimed into the current NY hours. RSI(14) is cycling in the upper half, consistent with the trend but well short of overbought.
Support: 1.33805, 1.3354, 1.3322
Resistance: 1.34191, 1.34306, 1.3470
What it said to watch
H1 close above the 1.34306 week high extends the advance toward the 1.3470 200-day cap
Loss of 1.33805 pullback low breaks the run of higher lows
US CPI Jul 14 is the next major test for this USD-driven leg
18:01 UTC
Uptrend, grinding higher · RSI 62 · price 1.34168
Higher highs and higher lows since Tuesday.
Cable has ground to fresh three-week highs above 1.3400, extending a run of higher lows since Tuesday as the dollar softened post-FOMC minutes. The 1.34306 week high capped the NY session earlier and price is retesting into it after holding the 1.33805 swing low. RSI(14) cycling in the low-60s with pullbacks finding the rising EMA20.
Support: 1.3400, 1.33805, 1.33553
Resistance: 1.34306, 1.3447
What it said to watch
H1 close above 1.34306 opens the path toward the 1.3447 200-day EMA barrier
Failure to hold 1.33805 breaks the sequence of higher lows
US CPI on Jul 14 could materially shift this read via USD
18:01 UTC
Uptrend, momentum steady · RSI 62 · price 1.34168
Higher highs, higher lows since Wednesday.
Cable has ground higher for a second day to fresh three-week highs above 1.3400, holding above EMA(20) with pullbacks finding it during the NY session. The advance built on USD softness after split-signal Fed minutes, with RSI(14) cycling in the 55-65 band on each leg up. The week high at 1.34306 capped the run and remains the immediate ceiling.
Support: 1.3402, 1.33805, 1.3330
Resistance: 1.34306, 1.3470
What it said to watch
H1 close above 1.34306 opens the path toward the 1.3470 200-day cap
Failure to hold 1.3400 exposes the 1.33805 swing low and EMA(20)
US CPI Tuesday is the dominant catalyst that could reset this read
17:01 UTC
Uptrend, grinding higher · RSI 57 · price 1.34111
Higher highs and higher lows since Monday.
Cable has ground higher for a second day into fresh three-week highs above 1.3400, holding above EMA(20) with pullbacks finding rising support since Monday's open. The 1.3431 week high, set on yesterday's NY-session spike, capped the advance and price is retracing into the 1.3410 area on softer-dollar flows after divided Fed minutes. RSI(14) sits mid-range near 57, leaving room in either direction.
Support: 1.3384, 1.3345, 1.3322
Resistance: 1.3431, 1.3470
What it said to watch
H1 close above 1.3431 week high opens the path toward the 1.3470 200-day EMA barrier
Failure to hold the 1.3384 day low breaks the rising-lows sequence
US CPI Tue 12:30 UTC could materially shift this read
Cable has ground to fresh three-week highs above 1.3400, the advance accelerating through the NY session yesterday after the softer dollar on split-signal Fed minutes. Price holds above EMA(20) and EMA(50), with the week high at 1.3431 capping the last push and 1.3390 marking the most recent higher-low. RSI(14) cycling in the upper-50s keeps momentum constructive without stretching into overbought.
Support: 1.3390, 1.3345, 1.3322
Resistance: 1.3431, 1.3470
What it said to watch
H1 close above 1.3431 opens the path toward the 200-day EMA / 1.3470 barrier
Loss of 1.3390 higher-low would signal the week's uptrend is stalling
US CPI (Jul 14) is the dominant near-term catalyst for the dollar leg of this pair
Higher lows since Wednesday, capped 1.3410-1.3430.
Cable has ground out higher lows since Wednesday's 1.3322 base, pushing to three-week highs as the US Dollar faded the hawkish FOMC minutes and US-Iran de-escalation talk took hold. The 1.3410-1.3430 zone (200-day ceiling flagged this week) capped Tuesday's spike to 1.3431 and rejected price back to 1.3384 before this recovery. Price holds above EMA20 with RSI(14) cycling in the mid-50s on each pullback, momentum steady but not stretched into the ceiling.
Support: 1.3384, 1.3355, 1.3322
Resistance: 1.3410, 1.3430
What it said to watch
Sustained H1 close above 1.3430 opens the path toward 1.36
Loss of 1.3384 higher low reopens 1.3355 and the 1.3322 week low
US CPI (Jul 14) is the dominant near-term catalyst for this read
Cable climbed steadily from Tuesday's 1.3322 low to a three-week high at 1.3431 as the dollar faded split FOMC minutes and BoE hike repricing supported GBP. Price now holds above EMA20 near 1.3407 but the 1.3410 area — the widely-watched 200-day EMA ceiling — has capped this week's advance, with the earlier push to 1.3431 quickly sold back. RSI(14) cycling near 56 shows the leg has cooled without breaking structure.
Support: 1.3380, 1.3359, 1.3322
Resistance: 1.3410, 1.34306
What it said to watch
H1 close above 1.3410 clears the 200-day ceiling and opens the path toward 1.36
Failure to hold 1.3380 turns focus back to the 1.3359 weekly open
Slip below 1.3315 would negate the week's higher-low sequence
BoE Breeden speech today could shift near-term GBP tone
Cable ground higher all week on BoE rate-hike repricing and fading UK political risk, but every advance has been capped at the 1.3400 200-day EMA, with the week high printing 1.34306 before rejection. Price has since drifted back to 1.33907 into the NY session, dipping just under EMA(20) while holding well above EMA(50), and RSI(14) has cooled back to neutral after the pullback. The 1.3384 session low is the near-term pivot; below it the 1.3322 week low reopens.
Support: 1.3384, 1.3322
Resistance: 1.3400, 1.34306
What it said to watch
H1 close above 1.3400 200-ema opens the path toward 1.34306 and 1.3470
Failure to hold 1.3384 session low exposes the 1.3322 week low
US CPI (Jul 14) is the dominant catalyst that could reset this read
Cable ran a multi-session advance this week on BoE-hike repricing and easing UK politics, tagging a 1.3431 week high during yesterday's NY session before the 1.3400 200-day EMA capped it again. Price has since drifted back below EMA(20) into 1.3391 with RSI(14) cooling to mid-range, keeping the pullback within the broader uptrend. The 1.3400 ceiling remains the pivot the week keeps failing at.
Support: 1.3384, 1.3345, 1.3315
Resistance: 1.3400, 1.3431
What it said to watch
H1 close above 1.3400 200-ema opens the path toward the 1.3431 week high
Slip below 1.3345 swing low signals the advance has stalled
US CPI (Jul 14) is the dominant catalyst that could reshape this read
14:01 UTC
Uptrend, capped near ceiling · RSI 55 · price 1.34063
Higher lows into 1.3400/1.3430 resistance.
Cable ground higher off Tuesday's 1.3322 low on a chain of higher lows, spiking to 1.3431 in the London session before rejection dragged it back to the 1.3400/200-DMA pivot that has capped every advance this week. Price now sits just above that ceiling at 1.34063 with RSI(14) mid-range, holding above the 1.3384 swing low. Digest notes GBP strength is well-owned, leaving upside leaning on a softer USD rather than fresh sterling catalysts.
Support: 1.3400, 1.3384, 1.3356
Resistance: 1.3431, 1.3470
What it said to watch
H1 close above 1.3431 clears the ceiling and opens the path toward 1.3470
Failure to hold 1.3400 exposes the 1.3384 swing low, then 1.3356 weekly open
US CPI (Jul 14) is the dominant next catalyst and could reset this read
14:01 UTC
Uptrend, momentum easing · RSI 54 · price 1.34063
Higher lows since Tuesday, capped at week high.
Cable has ground higher since Tuesday's 1.3322 low, tagging a 1.34306 week high before easing back into consolidation. Price sits above EMA20 and EMA50 with RSI mid-range, now retesting the 1.3400/200-DMA area that capped every advance this week, in line with the firm-but-capped tone from hawkish Fed pricing. US CPI on Jul 14 is the dominant next catalyst.
Support: 1.33805, 1.33566, 1.3322
Resistance: 1.3400, 1.34306
What it said to watch
Sustained hold above 1.3400/200-DMA opens 1.34306 week high
Loss of 1.33805 swing low breaks the week's rising-low structure
Rangebound below the 1.3400 ceiling after a false break.
Cable spiked to 1.34306 into the NY session yesterday then rejected straight back below the 1.3400 ceiling that has repelled every advance this week. Price has since printed lower highs and slipped under EMA20 with RSI(14) back in the mid-40s, though it still holds above EMA50 and the recovery off this week's impulse from 1.33285. Fading UK political risk and full BoE hike pricing keep the tone firm, but the 200-DMA at 1.3400 remains the barrier.
Support: 1.3380, 1.33285
Resistance: 1.3400, 1.34306
What it said to watch
H1 close above 1.34000 clearing 1.34306 opens the path toward extension
Failure to hold 1.33800 exposes the 1.33285 week low
US jobless claims / Williams speech could reprice USD and shift this read
Cable rode a clean impulse off Tuesday's 1.3322 low to a 1.34306 print before the 1.3400/200-DMA ceiling — which capped every advance this week — turned it back. Price is now retracing that move, dipping under EMA(20) but holding above EMA(50) near 1.3386 with RSI(14) cooling toward the mid-40s. The pullback follows the broader theme of firm sterling meeting a hawkish-Fed-supported dollar at the round number.
Support: 1.33805, 1.3357, 1.3315
Resistance: 1.3400, 1.34306
What it said to watch
Hourly close above 1.3400/200-DMA opens the path toward the 1.3430 week high and beyond
Slip below the 1.3315 pivot would end this week's advance and expose 1.3300
US jobless claims and Williams remarks could shift the dollar leg of this read
12:01 UTC
Uptrend, stalling at ceiling · RSI 48 · price 1.33906
Higher lows, capped at 1.3400.
Cable ground higher through the week off the 1.3322 low into a 1.34306 print during yesterday's NY session, poking above the 1.3400 200-day EMA ceiling before slipping back under it. RSI(14) is cycling near 50 on the pullback with price now hugging EMA20. The 1.3400 ceiling repelled the advance again — session low at 1.33840 is the near-term marker.
Support: 1.3384, 1.33566, 1.3322
Resistance: 1.3400, 1.34306
What it said to watch
H1 close above 1.3400 / 200-day EMA reopens the 1.3470 barrier
Failure to hold 1.33840 exposes 1.33566 then the 1.33220 week low
US jobless claims 12:30 UTC could shift the USD leg driving this pair
Cable ran up from Wednesday's 1.3322 low through the NY session, tagging 1.34306 before rejecting sharply at the 1.3400/200-day EMA ceiling that has capped every advance this week. Price has since eased back below 1.3400 and slipped under EMA20, with RSI(14) cooling off the highs. The rising support off the week's higher-lows still holds, but the ceiling keeps repelling attempts.
Support: 1.33842, 1.3355, 1.3315
Resistance: 1.3400, 1.34306, 1.3470
What it said to watch
H1 close above 1.3400 / week high 1.34306 opens the 1.3470 barrier
Failure to hold 1.3355 threatens the rising support off Wednesday's low
Break below 1.3315 signals the week's advance has ended
US Jobless Claims 12:30 UTC and Williams speech could shift the USD read
11:01 UTC
Uptrend stalling at the ceiling · RSI 49 · price 1.33925
Higher lows into 1.3400, capped this week.
Cable ran up off the 1.3322 week low midweek and pushed a spike to 1.3431 during the NY session before failing back under the 1.3400 / 200-day EMA ceiling that has repelled every advance this week. Price now sits just below EMA(20) with RSI(14) cooling to the mid-40s after the rejection; the broader higher-low sequence still holds above 1.3370. The pop above 1.3400 that reversed reads as a false break rather than a clean range break.
Support: 1.3370, 1.3322
Resistance: 1.3400, 1.3431
What it said to watch
Reclaim of 1.3400 / 200-day EMA needed to reopen the 1.3431 week high
Failure to hold 1.3370 swing low exposes the 1.3322 week low
US jobless claims and Fed's Williams later today could shift this read
11:01 UTC
Uptrend stalling at ceiling · RSI 52 · price 1.33925
Higher lows into 1.3400/1.3430 rejection.
Cable ground higher off the 1.3322 week low across the week and pushed above the 1.3400 200d ema into a 1.3431 week high during the NY session, but the move was rejected and price has slipped back under 1.3400. USD stayed firm on the hawkish FOMC minutes, capping the advance at the familiar 200d ema ceiling. RSI has cooled back to the low-50s as price now trades below EMA20 but holds above EMA50.
Support: 1.3393, 1.3355, 1.3322
Resistance: 1.3400, 1.3431
What it said to watch
H1 close above 1.3431 week high opens the path toward 1.3470
Failure to reclaim the 1.3400 200d ema keeps the rejection intact
Slide below 1.3355 swing low signals the week's advance stalling
US jobless claims 12:30 and Fed's Williams 13:00 could shift the USD read
Cable cleared the 1.3400 handle / 200-day EMA that had capped the pair all week, spiking to 1.34306 in the London session before easing back. The break followed fading UK political risk, though hawkish FOMC minutes and a firm dollar have slowed the follow-through. Price is now retesting the 1.3400 zone with RSI(14) cooling off the highs while holding above EMA20 and EMA50.
Support: 1.3400, 1.33845, 1.33566
Resistance: 1.34306, 1.3445
What it said to watch
Hourly close back below 1.3400 negates the breakout and reopens 1.33845
Clean push above 1.34306 week high opens the path toward 1.34450
BoE Breeden and US jobless claims (12:30 UTC) could shift this read
Higher lows since Tuesday, broke above weekly ceiling.
Cable finally cleared the 1.3400 handle / 200-day EMA that capped every attempt this week, spiking to 1.34306 in the NY session before easing back to retest the break. The advance built on higher lows off Tuesday's 1.3322 shock low, with RSA(14) cycling in the 50s on pullbacks and price holding above EMA20 and EMA50. The move sits on faded UK political risk versus a firm safe-haven dollar, which had repeatedly rejected the 200-EMA earlier in the week.
Support: 1.3400, 1.3350, 1.3322
Resistance: 1.34306, 1.3445
What it said to watch
H1 close back below 1.3400 negates the breakout retest
Break above 1.34306 week high opens 1.3445
Failure to hold 1.3350 threatens the higher-low sequence
US Jobless Claims 12:30 UTC + Williams 13:00 UTC could shift this read
09:01 UTC
Uptrend, momentum slowing · RSI 60 · price 1.3412
Higher highs, higher lows this week.
Cable pushed to a fresh week high at 1.3431 into the London open before fading back to 1.3412, holding above the 1.3400 psych handle it cleared overnight. Price sits above EMA20 near 1.3390 with RSI cycling in the upper half, and the rally off Tuesday's 1.3322 low is still intact. Supply capped the advance at 1.3431, with the FOMC-minutes-driven USD bid limiting follow-through.
Support: 1.3400, 1.3390, 1.3350
Resistance: 1.3431, 1.3445
What it said to watch
H1 close below 1.3400 puts EMA20 near 1.3390 back in play
Break above 1.3431 opens 1.3445 prior cap
Loss of 1.3350 weekly open negates the higher-low sequence
BoE Breeden speech 09:30 GMT could shift this read
09:01 UTC
Uptrend, extended after breakout · RSI 61 · price 1.3412
Higher highs, broke week-long ceiling.
Cable cleared the 1.3400 handle/200-EMA cap into the NY session, tagging the 1.3431 week high before easing back to 1.3412 — that ceiling had rejected two attempts earlier in the week, aided by hawkish FOMC minutes and the Iran-driven USD bid. Price sits above EMA20 and EMA50 with RSI(14) cycling in the upper half, and 1.3400 now flips to a retest zone. The advance builds off Tuesday's 1.3322 low, a clean sequence of higher lows.
Support: 1.3400, 1.3395, 1.3322
Resistance: 1.3431, 1.3445
What it said to watch
Hourly close back below 1.3400 negates the breakout and puts price back inside the week's range
BoE Breeden (09:30 GMT) and US jobless claims (12:30 UTC) can shift this read
Break below 1.3322 week low reopens 1.3300 support
Cable pushed through the 1.3400 200-day EMA area that capped every advance this week, printing a fresh week high at 1.34306 during the NY session before easing back toward the level. The move follows the broad BoE-hike repricing that lifted GBP, with USD firm on hawkish FOMC minutes keeping the ceiling sticky. Price now holds just above 1.3400 with RSI cycling in the low 60s.
Support: 1.3400, 1.3355, 1.3315
Resistance: 1.34306, 1.3445
What it said to watch
H1 close back below 1.3400 turns the breakout into a false break and re-engages the swing low at 1.3355
Acceptance above the 1.34306 week high opens room toward 1.3445 resistance
BoE Breeden speech at 09:30 GMT could materially shift this read
08:01 UTC
Uptrend, fresh breakout · RSI 65 · price 1.34152
Higher highs, break above weekly ceiling.
Cable finally cleared the 1.3400 / 200-day EMA that capped every advance this week, spiking to a session high 1.34306 in the NY session before easing back to retest the breakout. Price holds above EMA20 and EMA50 with RSI(14) elevated near 65, tracking the rally off Tuesday's 1.3315-1.3322 base. The higher-low sequence since mid-week remains intact into today's session.
Support: 1.3400, 1.3350, 1.3315
Resistance: 1.34306, 1.3445
What it said to watch
Hold above 1.3400 confirms the ceiling has flipped to support
H1 close back below 1.3400 puts the breakout into false-break territory
BoE Breeden speech 09:30 GMT could shift this read
07:01 UTC
Uptrend, breakout in progress · RSI 71 · price 1.34243
Higher highs, cleared range cap.
Cable pushed above 1.3400 in the early London session, clearing the prior cap that repelled every advance this week on the BoE hike repricing. Price holds above EMA20/EMA50 with RSI(14) elevated near 71 after the impulse off the 1.33285 week low. The 1.3420-1.3445 resistance layer is the next hurdle; session high sits at 1.34306.
Support: 1.3400, 1.33566, 1.33285
Resistance: 1.34306, 1.3445
What it said to watch
H1 close back below 1.3400 negates the breakout, reopening the 1.3357 swing low
Clean move above 1.3445 opens the 1.3520 area
BoE Breeden at 09:30 UTC could materially shift this read
07:01 UTC
Uptrend, fresh breakout · RSI 67 · price 1.34243
Higher highs, cleared range top.
Cable pushed through the 1.3400 area that had capped every advance this week, printing a fresh week high at 1.34306 into the London session on BoE hike repricing. Price is holding above EMA(20) and EMA(50) with RSI(14) in the mid-60s, and the 1.3322 week low anchors a chain of rising lows. The move sits just above the former ceiling, so 1.3400 now becomes the pivot to watch on any pullback.
Support: 1.3400, 1.3350, 1.3322
Resistance: 1.34306, 1.3445
What it said to watch
BoE Breeden speech 09:30 UTC could materially shift this read
H1 close back below 1.3400 negates the breakout
US Jobless Claims 12:30 UTC feeds the USD side
06:01 UTC
Uptrend, grinding into resistance · RSI 62 · price 1.34078
Higher lows pressing the 1.3400 handle.
Cable has ground back to the 1.3400 handle since Wednesday's dip to 1.3322, building a run of higher lows through the NY session and holding above EMA20 and EMA50. The 1.3400 area has repeatedly capped this week as the hawkish FOMC minutes and an Iran/oil safe-haven USD bid offset firm BoE repricing. Price now sits just above the handle at 1.34078, but 1.3410 remains the unbroken cap.
Support: 1.3384, 1.3340, 1.3315
Resistance: 1.3410, 1.3445
What it said to watch
H1 close above 1.3410 unlocks 1.3445
Failure to hold 1.3384 reopens 1.3340 swing low
US Initial Jobless Claims 12:30 UTC could shift this read
Cable recovered from Tuesday's dip to the 1.3322 week low and has climbed back above 1.3400, now pressing the 1.3410 handle that has capped repeatedly on hawkish BoE repricing meeting a geopolitical USD bid. Price holds above EMA20 with RSI(14) cycling in the 55-62 band through this-week's higher-low sequence. The 1.3410 cap remains the pivot into the NY session.
Support: 1.3385, 1.3335, 1.3322
Resistance: 1.3410, 1.3445
What it said to watch
H1 close above 1.3410 unlocks the 1.3445 prior high
Failure to hold 1.3335 swing low reopens the 1.3322 week low
US Jobless Claims 12:30 UTC and Fed's Williams 13:00 UTC could shift this read
Cable rebased off Tuesday's 1.3322 low back to the 1.3400 handle, where two attempts have now stalled and the week high at 1.34102 caps. Price is coiling in a tight consolidation above EMA20 and EMA50 with RSI(14) cycling the mid-50s, in line with the digest's note that the nine-day run has cooled into a 1.3350-1.3400 hold. Momentum has flattened into the Asia session as safe-haven USD demand offsets the hawkish BoE repricing.
Support: 1.3386, 1.3341, 1.3322
Resistance: 1.3400, 1.34102, 1.3445
What it said to watch
H1 close above 1.34102 unlocks the 1.3410-1.3445 resistance band
Failure to hold 1.3386 exposes the 1.3341 weekly open, then 1.3322
US jobless claims 12:30 UTC and Fed's Williams could shift this read
05:01 UTC
Uptrend, momentum flattening near cap · RSI 58 · price 1.33997
Recovery into range top, capped at 1.3400.
Cable recovered from Tuesday's dip to 1.3322 back to the 1.3400 handle, which has capped price repeatedly this week amid a safe-haven USD bid on Iran/oil headlines. Now consolidating 1.3390-1.3400 above a rising EMA20, with RSI(14) mid-range near 58 after the bounce. The 1.3400/1.3410 zone remains the pivotal ceiling for the week's advance.
Support: 1.3372, 1.3345, 1.3322
Resistance: 1.3401, 1.3410, 1.3445
What it said to watch
Clean H1 close above 1.3410 unlocks the 1.3445 area
Failure to hold the 1.3372 EMA20 shifts focus back to 1.3322 swing low
US jobless claims 12:30 UTC and BoE Breeden 09:30 GMT could shift this read
Cable recovered off the 1.3322 midweek dip and pushed to a 1.34102 week high before stalling, with the 1.3400 handle capping the last several NY-session attempts. Price now sits above EMA(20) and EMA(50), coiling in a 1.3384-1.3400 band as hawkish BoE repricing meets a geopolitical safe-haven USD bid. RSI(14) has flattened in the mid-50s, reflecting the loss of impulse into the consolidation.
Support: 1.3384, 1.33566, 1.3322
Resistance: 1.3401, 1.34102, 1.3445
What it said to watch
H1 close above 1.3410 unlocks the 1.3445 resistance
Failure to hold 1.3355 negates the recovery structure
US Initial Jobless Claims (12:30 UTC) could shift the USD bid
Cable rallied off Tuesday's 1.3322 dip into the NY session and now consolidates just under 1.3400, with the 1.34102 week high capping the advance twice. Price holds above EMA(20) with RSI(14) cycling in the mid-50s on each pullback, but the 1.3400 handle — flagged as a repeated rejection cap after the nine-session run — remains the immediate barrier. Safe-haven USD bid on Iran/Hormuz headlines is offsetting hawkish BoE repricing, keeping the tape rangebound.
Support: 1.3385, 1.3340, 1.3322
Resistance: 1.3400, 1.3410, 1.3445
What it said to watch
H1 close above 1.3410 unlocks the 1.3445 hurdle
Loss of 1.3340 signals the advance from 1.3322 has stalled
US jobless claims 12:30 UTC could shift the USD-driven read
Cable ground higher through Wednesday's London-NY session, tagging the 1.3410 week high before stalling at the 1.3400 psych cap that has now capped several attempts. Price is holding above EMA20 and EMA50 with RSI cycling in the mid-50s, and the Asian session has coiled into a tight consolidation just under the cap. The safe-haven USD bid from Iran/Hormuz headlines is the main counterweight keeping the 1.3400 handle intact.
Support: 1.3384, 1.3353, 1.3322
Resistance: 1.3401, 1.34102
What it said to watch
H1 close above 1.34102 week high unlocks 1.3445
Failure to hold the 1.33840 session low reopens 1.3353
US Initial Jobless Claims 12:30 UTC could shift the USD read
Cable clawed back from Tuesday's 1.3322 low into a 1.3350-1.3410 range, and has spent the last sessions pinned just under the 1.3400 handle after the mid-week rejection off 1.3410. Price holds above EMA(20) with RSI(14) cycling in the mid-50s, but repeated stalls at 1.3400 show supply capping the advance. Thin Asia hours have kept the tape tight around 1.3394.
Support: 1.3372, 1.3345, 1.3322
Resistance: 1.3400, 1.3410
What it said to watch
H1 close above 1.3410 unlocks the 1.3420-1.3445 resistance shelf
Loss of 1.3345 swing low reopens 1.3322 week low
US Initial Jobless Claims 12:30 UTC could shift the near-term read
02:01 UTC
Uptrend, capped at 1.3400 · RSI 61 · price 1.33971
Higher lows into weekly high resistance.
Cable rebuilt from Wednesday's 1.3322 low back to the 1.3400 handle, where 1.3410 has capped two probes as the week's high. Price holds above EMA20 and EMA50 with RSI cycling in the upper half, but the 1.3400 round number is repeatedly rejecting into the Asia session. The move stalled after Hormuz-driven risk-off revived safe-haven USD demand mid-week.
Support: 1.3378, 1.33607, 1.3322
Resistance: 1.3400, 1.3410
What it said to watch
H1 close above 1.3410 opens the path to 1.3445
Failure to hold 1.33607 weekly open reopens 1.3322 wk low
BoE Breeden speech and US jobless claims later today could shift this read
Cable has climbed off the 1.3322 week low, printing higher lows through the NY session and now steadying near 1.3397 in Asia hours. The 1.34102 spike was faded back under the 1.3400 handle, keeping that level as the cap — the same resistance the market context flags after the nine-day rally stalled on Hormuz risk-off. Price sits above both EMA20 and EMA50 with RSI mid-range, so the recovery structure holds while 1.3384 supports.
Support: 1.3384, 1.3345, 1.3322
Resistance: 1.3400, 1.3410, 1.3445
What it said to watch
H1 close above 1.3410 opens the path to 1.3445 layered resistance
Failure to hold 1.3384 exposes 1.3345 and the 1.3315 support in focus
BoE Breeden and US jobless claims / Williams today could shift this read
01:01 UTC
Recovery, capped at 1.3400 · RSI 59 · price 1.33971
Higher lows off 1.3322, resistance at week high.
Cable rebuilt from the 1.3322 swing low through yesterday's NY session, printing higher lows and reclaiming the EMA20 near 1.3372 before stalling at the 1.3410 week high — the same 1.3400 handle that ended the nine-session run. Price is now grinding just under that cap in the Asia session with RSI(14) mid-range around 59. Move up was USD/risk driven rather than UK-specific.
Support: 1.3372, 1.3322, 1.3315
Resistance: 1.3410
What it said to watch
H1 close above 1.3410 opens the 1.3445 layered zone
Failure to hold 1.3315 support negates the recent advance
BoE Breeden speech Thu 09:30 GMT plus US claims could shift this read
Higher lows off Tuesday's base, capped below 1.3410.
Cable recovered from Tuesday's 1.3322 low back toward the week high at 1.3410, holding above EMA20 as pullbacks found demand into the 1.3385 area. The 1.3400 handle has capped the last several bars, with supply layered up to 1.3410 — the level that stalled sterling's nine-day run per the broader macro read. RSI is cycling in the 50s and price is consolidating just under resistance during the quiet Asia session.
Support: 1.3385, 1.3355, 1.3322
Resistance: 1.3400, 1.3410, 1.3445
What it said to watch
H1 close above 1.3410 opens the path toward 1.3445
Failure to hold 1.3355 turns the higher-low structure lower
Break of 1.3315 negates the week's recovery
US Jobless Claims and BoE's Breeden speech Thu could shift this read
Cable ground higher off the 1.3322 week low, driving into the NY session yesterday to a week high of 1.34102 before the 1.3400 psych handle rejected the advance. Price now consolidates just above EMA20 with RSI cycling in the high-50s, momentum flattening after the run. The move was USD/risk driven — a safe-haven bid revived on renewed Iran tensions capping GBP into the layered 1.3400–1.3420 zone.
Support: 1.3375, 1.3335, 1.3322
Resistance: 1.3400, 1.34102, 1.3420
What it said to watch
H1 close above 1.34102 opens the 1.3420 zone and beyond
Loss of 1.3335 support exposes the 1.3322 week low
FOMC minutes fallout / Iran headlines could shift the USD haven bid
00:01 UTC
Range, capped near 1.3400 · RSI 55 · price 1.33938
1.3315-1.3410 weekly range, price at top.
Cable clawed back toward the 1.3400 handle through the NY session yesterday after Wednesday's dip to 1.3322, holding above EMA(20) into the Asia session. The 1.34102 weekly high has capped the advance, keeping price boxed in a 1.3315-1.3410 range with RSI(14) mid-range and no divergence. Move remains USD/risk driven — sterling's own run stalled at the 1.3400 rejection zone.
Support: 1.3378, 1.33566, 1.33315
Resistance: 1.34102, 1.3400
What it said to watch
H1 close above 1.34102 opens the 1.3420-1.3520 band
Failure to hold 1.33315 bull pivot negates the week's advance
US Jobless Claims Thu 12:30 UTC and FOMC minutes fallout could shift this read