GBP/USD AI Live Scan, 4-hour chart, Monday, 9 November 2026
Every read JAFX AI made on the GBP/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:01 UTC
Range-bound, recovering after sharp post-NFP drop · RSI 54 · price 1.3439
1.3342–1.3503 range; double top at 1.3500, higher-low rebound underway.
The rally from the 1.3272 october low stalled in a double top at 1.3500 after the hawkish BoE vote, then the blowout US NFP drove a fast leg down to the 1.3342 nfp low. The rebound since Monday on broad USD softness has reclaimed the 1.3400 round number and both EMAs, and is now testing the fib 61.8 retracement of that drop near 1.3442. ATR(14) near 29 pips has eased from the NFP expansion, leaving price mid-range between 1.3342 and 1.3500.
Support: 1.3400, 1.3342, 1.3272
Resistance: 1.3442, 1.3486, 1.3500
What it said to watch
US CPI Tue 13:30 UTC could materially shift this read; a hot core print puts the 1.3400 round number and 1.3342 nfp low back in focus
H4 close above the fib 61.8 at 1.3442 opens the 1.3486 swing high and 1.3500 double top
Failure to hold 1.3400 returns price to the lower half of the range and weakens the higher-low rebound
UK Q3 GDP Thu 07:00 UTC; a miss would test the higher lows trendline from the october low
18:02 UTC
Recovering within a broader late-October uptrend · RSI 49 · price 1.34196
Double top at 1.3500, higher low at 1.3342, rebound into the 50% retracement.
The advance from the 1.3272 oct low stalled in a double top at 1.3500 after the BoE hike. The blowout US NFP then flushed price to the 1.3342 nfp low, which still holds as a higher low above the October base. Risk relief and a softer USD have carried price back above the 1.3400 round number and into the fib 50% retracement of that drop near 1.3422. Price is sitting just above both EMA20 and EMA50, which are flattening, and ATR(14) near 29 pips points to a mid-range volatility regime rather than compression.
Support: 1.3400, 1.3342, 1.3272
Resistance: 1.3422, 1.3448, 1.3500
What it said to watch
H4 close above the 1.3448 prior high would bring the 1.3500 double top back into play
Rejection at the fib 50% followed by a close back below the 1.3400 round number would expose the 1.3342 nfp low
A break below 1.3342 would breach the higher-low line and leave the 1.3272 oct low as the next reference
US CPI Tue 13:30 UTC and BoE speakers Breeden, Lombardelli and Pill on Tuesday could materially shift this read
UK GDP Thu 07:00 UTC is the next GBP-side risk to the rebound structure
Lower high at 1.3463 below 1.3500 double top; higher low at 1.3342 above oct low.
Twin rejections at the 1.3500 double top gave way to a slide to the 1.3342 swing low after Friday's US NFP beat. That slide left a lower high at 1.3463 on the way down. Monday's soft-USD rebound has recovered half the drop, stalling at the 50% fib and ema cluster near 1.3426. The swing low still sits above the 1.3272 oct low, so the higher-lows line from late October remains intact. ATR(14) near 30 pips is moderate, so the pair is neither compressing nor trending hard.
Support: 1.3342, 1.3272
Resistance: 1.3426, 1.3463, 1.3500
What it said to watch
H4 close above the 1.3426 ema cluster and 50% fib opens a retest of the 1.3463 lower high
Failure back below 1.3342 swing low breaks the higher-lows line and exposes the 1.3272 oct low
BoE Gov. Bailey at 17:25 UTC today could reprice hike expectations and shift this read
US October CPI Tue 13:30 UTC is the main USD catalyst for a move toward the 1.3500 double top or back to 1.3342
10:02 UTC
Pullback from multi-week high, early rebound · RSI 37 · price 1.33922
Higher lows since 1.3272 intact; lower high now forming below 1.3503.
GBPUSD tested the 1.3503 swing high twice after the hawkish BoE hike. It then broke down through the 1.3463 lower high after the 165K NFP beat and fell about 160 pips to a 1.3342 swing low. That low still sits above the higher-lows trendline from the 1.3272 window low. Price is retracing toward the 1.3400 round number, which lines up with the 38.2% fib of the drop, with price still below EMA20 and EMA50 as the two converge. ATR(14) near 28 pips reflects the post-data expansion, now easing.
Support: 1.3342, 1.3272
Resistance: 1.3400, 1.3463, 1.3503
What it said to watch
H4 close above the 1.3400 round number / 38.2% fib reopens the 1.3463 lower high
Failure to hold the 1.3342 swing low breaks the higher-lows trendline and exposes the 1.3272 window low
BoE Governor Bailey today 17:25 GMT could shift BoE hike pricing and this read
US October CPI Tue 13:30 GMT is the main USD swing factor for this structure
UK GDP Thu 07:00 GMT may test the growth-stall narrative behind the reversal from 1.3503
Double top at 1.3500 broken; price basing above 1.3342 swing low.
The six-session advance stalled in a double top at 1.3500–1.3503. The NFP beat then drove a break of the 1.3448 neckline and a run of lower highs down to a 1.3342 swing low, unwinding most of the late-October leg off the 1.3272 october low. Price is consolidating just above that swing low, below both EMA20 and EMA50, with the bounce so far shallow and short of the 38.2% fib near the 1.3400 round number. ATR(14) near 29 pips is easing from the post-NFP expansion.
Support: 1.3342, 1.3300, 1.3272
Resistance: 1.3400, 1.3448, 1.3503
What it said to watch
H4 close below the 1.3342 swing low extends the lower-low sequence toward the 1.3300 psych level
Recovery through the 1.3400 round number and 38.2% fib would neutralise the post-top lower-high structure, with the 1.3448 neckline above
Bailey speech today 17:25 UTC; dovish framing of curve pricing as 'risk premia' could pressure the swing low
US CPI Tue 13:30 GMT could materially shift this read; a soft core print reopens 1.3400
UK GDP Thu 07:00 UTC; a miss below 0.7% QoQ adds weight to the growth-stall narrative
Loss of the 1.3272 october low would break the broader higher-low base from late October
02:02 UTC
Reversing lower after double top · RSI 33 · price 1.33618
Lower high at 1.3500, 61.8% of rally retraced.
The late-October rally from the 1.3272 window low stalled twice at 1.3500, forming a double top. The fully priced BoE hike gave the Pound no lift, and Friday's 165K NFP beat drove the break of the 1.3455 neckline and the 1.3400 psych level. The decline has retraced more than the 61.8% fib of the rally, printing a 1.3342 swing low, and price now sits below both EMAs with the rising trendline off 1.3272 broken. ATR(14) near 28 pips points to range expansion on the sell-off, while RSI in the low 30s is stretched but not yet oversold.
Support: 1.3342, 1.3300, 1.3272
Resistance: 1.3400, 1.3455, 1.3500
What it said to watch
Failure to hold the 1.3342 swing low exposes the 1.3300 round number, then the 1.3272 window low
H4 close back above 1.3400 psych would put price back inside the prior range and test the 1.3455 neckline
BoE Governor Bailey today at 17:25 UTC: a lean toward Pill's 'hold or fall' line could extend the move below the swing low
US CPI Tue 13:30 UTC (core f/c 0.2% m/m) with ~77% Dec hike odds priced; a soft print could drive a retest of 1.3400
UK Q3 GDP Thu 07:00 UTC is the next GBP-side risk to the double top read