Cable leaked steadily through the NY-Asia transition after rejection near the 1.3410 ceiling, printing a session low of 1.33497 before stabilising into thin Asian volume. Buyers stepped in twice around 1.335, lifting price back to 1.33631; RSI(14) recovering off the lows but structure stays a lower-high chain.
Support: 1.33497, 1.33549
Resistance: 1.33725, 1.3379
What it said to watch
M15 close above 1.33725 breaks the lower-high chain
Failure to hold 1.33497 confirms a lower low
US PPI Thu 12:30 UTC is the next USD catalyst for this leg
Cable topped at the 1.3410 200-EMA ceiling early in the window then leaked steadily lower through London-NY, printing a chain of lower highs into the 1.3350 swing low. Asian session is thin (volume collapsing) with a small bounce off 1.3350 to 1.3363; price sits below both EMA20 and EMA50.
Support: 1.3350, 1.3330
Resistance: 1.3379, 1.3396, 1.3410
What it said to watch
Reclaim of 1.33790 swing high would break the lower-high sequence
Loss of 1.3350 swing low confirms continuation toward the 1.3300 pivot
US PPI (~13h out) is the dominant driver via the USD leg and could reset this read
Cable leaked lower from the post-CPI 1.3420 spike through NY into Asia, printing a session low of 1.33497 before the last bar rejected sharply back to 1.33624. Price sits below EMA20/50 with a chain of lower highs, but thin Asian liquidity drove the late bounce off the lows.
Support: 1.33497, 1.33549
Resistance: 1.33725, 1.3379, 1.33964
What it said to watch
M15 close above 1.33725 invalidates the lower-high sequence
Failure to hold 1.33497 confirms continuation lower
US PPI Thu and UK GDP Fri are imminent USD/GBP catalysts
Cable bled from the NY high at 1.3423 down to a session low of 1.33497 through the London-NY transition, then put in a thin Asia-session bounce to 1.33624. Price sits below EMA20/EMA50 in a clean lower-high chain; the 200-EMA/1.3410 ceiling flagged in the macro read was rejected earlier and remains untested since.
Support: 1.33497, 1.3340
Resistance: 1.33725, 1.3390
What it said to watch
Reclaim of 1.33725 prior support would break the lower-high chain
Failure to hold 1.33497 confirms continuation lower
US PPI Thu 12:30 UTC is the next USD catalyst and could shift this read
23:16 UTC
Downtrend, accelerating into Asia · RSI 29 · price 1.33514
Lower highs, range broken to downside.
Cable rolled over from the 1.3423 NY high and broke the 1.3367–1.3379 range floor in thin Asia liquidity, sweeping to a fresh session low at 1.3350. RSI(14) near 29 — short-term stretched but momentum stays heavy with price below EMA20 and EMA50.
Support: 1.3350, 1.33549
Resistance: 1.3368, 1.3379, 1.33964
What it said to watch
Reclaim of 1.33680 prior support would neutralise the breakdown
Failure to hold 1.33500 session low confirms continuation lower
US PPI later today is the dominant USD catalyst and could shift this read
Cable leaked through the prior session base into the Asia session, printing fresh lows at 1.33500 with RSI(14) near 30. The slide extends a clean lower-high chain off the 1.3423 NY peak as USD held firm post-CPI; momentum stretched but not yet at sub-20 extremes.
Support: 1.3350, 1.3330
Resistance: 1.3368, 1.33725, 1.33964
What it said to watch
Reclaim of 1.33680 would break the lower-high sequence
Loss of 1.33500 opens the path toward 1.33300
US PPI Thu could materially shift this read via the USD leg
23:01 UTC
Downtrend, leaking lower · RSI 39 · price 1.33616
Lower highs and lower lows into Asia.
Cable rolled over from the 1.3420 NY high and ground lower through London-NY, breaking the 1.3370 shelf in thin Asia trade to print a fresh swing low at 1.33549. A small bounce back to 1.33616 has RSI(14) lifting off the high-30s; sellers have capped each push since the 1.3420 peak.
Support: 1.33549, 1.3350
Resistance: 1.33685, 1.3379, 1.3396
What it said to watch
Reclaim of 1.33685 would ease the lower-high sequence
Failure to hold 1.33549 confirms continuation toward 1.3350
US PPI in ~12h could materially shift this read via the USD leg
23:01 UTC
Downtrend, leaking into Asia · RSI 39 · price 1.33616
Lower highs, lower lows; swept session low then bounced.
Cable has bled lower through the session after repeated rejections near the 1.3410 ceiling and an in-line US CPI that capped the dollar. Thin Asia-hours flow drove a sweep of the 1.33549 low before a shallow bounce back to 1.33616; lower-high chain still intact below 1.33790.
Support: 1.33549, 1.3350
Resistance: 1.3372, 1.3379, 1.3390
What it said to watch
M15 close back above 1.33790 breaks the lower-high chain
Loss of 1.33549 confirms continuation toward 1.33500
Cable leaked lower through late NY into Asia, sweeping the 1.3355 session low before a modest bounce to 1.3361 with RSI(14) near 37. Sterling capped earlier at 1.3421 after in-line US CPI, then faded below 1.3372 in a clean lower-high sequence.
Support: 1.33549, 1.3350
Resistance: 1.33725, 1.3379
What it said to watch
Reclaim of 1.3372 needed to negate the lower-high sequence
Loss of 1.3355 opens the 1.3300 pivot
US PPI Thu could shift the USD leg of this read
22:46 UTC
Downtrend, near session lows · RSI 35 · price 1.33611
Lower highs, lower lows since the 1.3423 peak.
Quiet Asia session leaking lower; cable rolled off the 1.3423 window high and has carved a clean chain of lower highs, breaking the 1.3367 floor and sweeping down to a fresh session low at 1.33549. RSI(14) sub-40 with thin late-session volume; the softer-USD bounce earlier in the window has fully faded.
Support: 1.33549, 1.3350
Resistance: 1.33725, 1.3389, 1.3423
What it said to watch
Reclaim of 1.33725 would break the lower-high chain and neutralise the downside read
Failure to hold 1.33549 confirms continuation toward 1.33500
US PPI later today is the dominant USD catalyst and could reset this read
Cable rejected the 200-DEMA ceiling at 1.3410 and has bled lower all session, breaking the 1.3367 consolidation and printing a fresh low at 1.3355 on thin late-session volume. RSI(14) near 31 reflects the one-way push; no demand response yet at the lows.
Support: 1.3355
Resistance: 1.3372, 1.3389, 1.3410
What it said to watch
A close back above 1.3372 would negate the downside break
Failure to hold 1.3355 confirms continuation lower
US PPI later today is the next USD catalyst for cable
22:32 UTC
Downtrend, leaking lower · RSI 34 · price 1.33581
Lower highs, fresh session low.
Cable leaking lower into thin Asia-open trade, breaking the 1.3368 base to print a session low at 1.3355; price sits below EMA20/50 with RSI(14) near 33. The 200-EMA ceiling at 1.3410 capped the prior NY bounce before the slide.
Support: 1.33549, 1.3340, 1.3300
Resistance: 1.3372, 1.3396, 1.3410
What it said to watch
M15 close back above 1.3372 negates the breakdown read
Loss of 1.3355 opens 1.3340 then the 1.3300 round number
US PPI Thu could shift this via the USD leg
22:16 UTC
Downtrend, momentum accelerating into close · RSI 31 · price 1.33562
Lower highs, breaking session lows.
Cable leaked steadily off the 1.3421 high through the session and broke below the 1.3367 floor on the final, thin late-NY/Asia bars, printing a fresh low at 1.33549. Move follows the in-line US CPI that kept the USD bid; RSI(14) near 31 but not yet washed out.
Support: 1.33549, 1.3330
Resistance: 1.3367, 1.3391, 1.3410
What it said to watch
Reclaim of 1.3367 would invalidate the breakdown read
US PPI Thu 12:30 UTC could materially shift the USD leg
Cable bled lower through late NY into Asia, breaking the tight 1.3368-1.3372 consolidation to a fresh session low at 1.3355 on thin liquidity. Earlier spike to 1.3423 faded after in-line US CPI; price now well below EMA20/50 with RSI(14) near 31.
Support: 1.33549, 1.3350
Resistance: 1.3368, 1.3379, 1.33964
What it said to watch
Reclaim of 1.3368 consol low would negate the breakdown
Sustained hold below 1.3355 session low confirms continuation
US PPI Thu 12:30 UTC could materially shift the USD leg
22:01 UTC
Downtrend, leaking lower · RSI 36 · price 1.3365
Lower highs off 1.3421, drifting to session lows.
Cable was rejected at the 1.3410-1.3421 ceiling (200-EMA per the broader read post-CPI) and leaked steadily lower through the NY session. Price now sits at 1.3365 session lows on thin late-session volume, RSI(14) soft near 36 with no sign of demand yet.
Support: 1.3365, 1.3372
Resistance: 1.3379, 1.3410, 1.3421
What it said to watch
M15 close below 1.3365 confirms a fresh lower low
Reclaim of 1.3379 needed to ease downside pressure
US PPI Thursday is the next USD-side catalyst for cable
Lower highs, lower lows since the 1.3421 rejection.
Cable stalled at the 1.3410 ceiling and the 1.3421 spike high in the NY session, then bled lower in a steady lower-high chain toward the 1.3364 session low. Late-session volume is thin and price sits below EMA20/50 with RSI near 37; no rebound yet.
Support: 1.3364, 1.3340
Resistance: 1.3378, 1.3392, 1.3410
What it said to watch
Break below 1.3364 session low opens 1.3340 then the 1.3300 pivot
Reclaim above 1.3392 prior high negates the lower-high structure
US PPI Thursday is the dominant USD-leg catalyst for cable
Lower highs from 1.3423, consolidating at session lows.
Cable rolled over from the session high at 1.3421 — a post-CPI dollar fade that reversed — and has bled into a tight 1.3367-1.3372 band on very thin late-session volume, RSI in the low-40s. The drift is a string of lower highs capped near 1.3379; price is sitting on the 1.3367 session low with no fresh impulse.
Support: 1.33666, 1.3360
Resistance: 1.33785, 1.33913, 1.3421
What it said to watch
M15 close back above 1.33785 breaks the lower-high sequence
Loss of 1.33666 confirms a lower low, exposes 1.3360
US PPI Thu 12:30 UTC could materially shift this read
Cable faded off the 1.3423 post-CPI spike high through the NY session, leaking back under 1.3380 and printing lower highs into 1.3396. Price is now coiling on tight 3-5 pip bars at the 1.3367 session low in quiet Asia hours, RSI(14) sub-40 and ATR compressed.
Support: 1.33666, 1.3360
Resistance: 1.3379, 1.33964, 1.3400
What it said to watch
M15 close below 1.3366 confirms a fresh lower low
Reclaim of 1.3379 would ease the downside pressure
US PPI Thu could materially shift this read via the USD leg
21:31 UTC
Downtrend, momentum fading late · RSI 39 · price 1.33684
Lower highs, lower lows; coiling at session low.
NY session faded the post-CPI spike to 1.34232 and sold off in a clean lower-high chain, leaking to a session low at 1.33666. Price is now coiling 1.33670-1.33720 into the Asia open with volume drying up and RSI(14) holding mid-30s.
Support: 1.33666, 1.3300
Resistance: 1.3392, 1.34232
What it said to watch
M15 close below 1.33666 confirms a fresh lower low, exposing 1.3300
Reclaim of 1.33920 swing high needed to break the lower-high chain
US PPI Thu 12:30 UTC is the next USD catalyst for the read
Cable spiked to 1.3421 testing the 200-EMA ceiling during NY hours then rejected, leaking back through the figure and printing a chain of lower highs. Into thin late-NY/Asia trade price has drifted to session lows around 1.3367, RSI(14) cooling near 40 with momentum heavy.
Support: 1.33666, 1.3360
Resistance: 1.33787, 1.33945, 1.3410
What it said to watch
M15 close below 1.33666 confirms a lower low
Reclaim of 1.33787 needed to ease downside pressure
US PPI Thu could shift the USD leg and this read
21:16 UTC
Downtrend, momentum fading into close · RSI 37 · price 1.33676
Lower highs since CPI spike, drifting at session lows.
Cable spiked to 1.3423 on the US CPI reaction then faded back through the figure, printing lower highs as it leaked to session lows near 1.3367. Price sits below EMA20/50 with RSI(14) at 37; late-session flow is thin and the move is grinding rather than impulsive.
Support: 1.33666, 1.3360
Resistance: 1.3379, 1.3391, 1.3410
What it said to watch
M15 close below 1.3367 confirms a fresh lower low toward 1.3360
Reclaim of 1.3379 needed to re-challenge the 1.3391 swing high
US PPI tomorrow 12:30 UTC is the next USD-leg catalyst for this read
21:16 UTC
Downtrend after session-high rejection · RSI 39 · price 1.33676
Lower highs, lower lows into session low.
Cable peaked at the 1.34232 session high in the wake of yesterday's softer US core CPI, then leaked steadily lower through the NY session in a clean lower-high, lower-low chain. Price now sits on the 1.33666 session low on very thin late-session volume, RSI(14) near 39.
Support: 1.33666, 1.3371, 1.3360
Resistance: 1.33785, 1.3386, 1.34232
What it said to watch
M15 close below 1.33666 confirms a fresh lower-low
Reclaim of 1.33785 minor high needed to break the descending sequence
US PPI Thu 12:30 UTC is the next USD catalyst for this read
Lower highs since 1.3423 peak, pressing session low.
Cable spiked to 1.3423 mid-window then was rejected at the 1.3410 200-EMA ceiling, and has bled back through the figure into late NY hours. Price now sits on the 1.3367 session low with RSI(14) near 34; a chain of lower highs caps any bounce at the 1.3379 swing pivot.
Support: 1.3367, 1.3364
Resistance: 1.3379, 1.3392, 1.3410
What it said to watch
Loss of 1.3367 session low confirms continuation toward 1.3364 prior low
Reclaim of 1.3379 swing pivot would stall the lower-high sequence
US PPI Thu 12:30 UTC could materially shift this read via the USD leg
21:01 UTC
Intraday downtrend off session high · RSI 38 · price 1.33684
Lower highs since 1.3421 peak, pressing session lows.
Cable spiked to a session high at 1.3421 (200-EMA ceiling) after the in-line US CPI, then leaked back below the figure on a chain of lower highs. Now drifting into session lows near 1.3367 in late NY hours with RSI(14) sub-40; the 1.3379 swing high caps any bounce.
Support: 1.3367, 1.3360
Resistance: 1.3379, 1.3391, 1.3421
What it said to watch
M15 close back above 1.3379 swing high would break the lower-high sequence
Loss of 1.3367 session low opens the 1.3360 round number
US PPI Thu could materially shift the USD leg behind this move
20:46 UTC
Downtrend after NY peak rejection · RSI 39 · price 1.33684
Lower highs since 1.3421, drifting to session lows.
Cable spiked to 1.3421 during NY hours, testing the 200-EMA ceiling after the in-line US CPI, then rejected and bled back to session lows near 1.3367 into the close. Lower highs have stacked since the peak with RSI(14) sub-40 and price under EMA20/50.
Support: 1.3367, 1.3360
Resistance: 1.3390, 1.3410
What it said to watch
M15 close below 1.3367 confirms a lower-low toward 1.3360
Reclaim of 1.3390 needed to break the lower-high sequence
UK GDP Fri 06:00 GMT could materially shift this read
20:46 UTC
Downtrend, leaking off CPI high · RSI 37 · price 1.33684
Lower highs, pressing session low.
NY session spiked to 1.3421 on the in-line US CPI then faded, printing a chain of lower highs back to the session low at 1.3367. The 1.3410 figure/200-EMA ceiling rejected price and cable now sits at the bottom of the day's range, RSI(14) near 37.
Support: 1.3367, 1.3350
Resistance: 1.3379, 1.3392, 1.3410
What it said to watch
M15 close below 1.3367 extends the lower-low sequence toward 1.3340
Reclaim of 1.3392 would negate the downmove off the CPI high
US PPI Thu 12:30 UTC is the next USD-leg catalyst for cable
20:31 UTC
Downtrend off the CPI spike high · RSI 38 · price 1.33699
Lower highs since 1.3421, grinding to session lows.
Cable spiked to 1.3421 after the in-line US CPI (soft core MoM) but the move was rejected and faded through the NY session, bleeding back to session lows near 1.3370. Lower highs have stacked since, with RSI(14) in the high 30s and price below both EMAs.
Support: 1.33676, 1.3364
Resistance: 1.3379, 1.3391, 1.3410
What it said to watch
Close below 1.33640 confirms continuation of the lower-low sequence
Reclaim of 1.33910 needed before the 1.3410 ceiling comes back into play
US PPI tomorrow could reset the USD leg and this read
20:31 UTC
Intraday downtrend off session high · RSI 36 · price 1.33699
Lower highs since 1.3421 spike, leaking toward 1.3370.
Cable spiked to 1.3421 on the in-line US CPI reaction then faded all session, printing lower highs and now testing the 1.3368 session low into the close. RSI(14) at 36 with price below both EMAs; the 1.3410 ceiling held as flagged.
Support: 1.33676, 1.3371, 1.33773
Resistance: 1.33913, 1.3402, 1.3421
What it said to watch
M15 close below 1.3368 confirms continuation toward 1.3340
Reclaim of 1.3391 needed to stall the lower-high sequence
PPI Thu 12:30 UTC is the next USD catalyst for cable
20:16 UTC
Downtrend, near session lows · RSI 38 · price 1.33686
Lower highs since spike rejection at 1.3423.
NY session faded the post-CPI spike to 1.34232 — rejection right at the 200-EMA ceiling — and price has leaked steadily back to the session low at 1.33676. Lower-high chain intact, RSI(14) sub-40 with price pinned below EMA20/50 into the late NY hours.
Support: 1.33676, 1.3364
Resistance: 1.3379, 1.33964, 1.3410
What it said to watch
M15 close below 1.33676 confirms a lower low, exposes 1.33640
Reclaim of 1.33790 would stall the lower-high sequence
US PPI tomorrow is the next USD catalyst for cable
20:16 UTC
Downtrend off session high · RSI 36 · price 1.33686
Lower highs, lower lows since 1.3423.
Cable spiked to 1.3423 during NY hours then rejected the 1.3410 ceiling, leaking back through 1.3380 to a fresh session low at 1.3368 as the in-line US CPI gave the USD no fresh fuel. Sequence of lower highs and lower lows intact, RSI(14) cooling near 36 and price under both EMAs.
Support: 1.33676, 1.3364
Resistance: 1.33785, 1.3391, 1.3402
What it said to watch
Close below 1.3364 extends the lower-low sequence
Reclaim of 1.33910 needed to neutralise the decline
NY session spiked to 1.3421 on the in-line US CPI reaction but the 200-day EMA/1.3410 ceiling rejected it — a clean false break that has bled back to the 1.33710 session low. Lower highs have stacked through the afternoon with RSI(14) cooling near 40.
Support: 1.3371, 1.3368
Resistance: 1.3396, 1.3410
What it said to watch
M15 close below 1.33710 opens the 1.33680 swing low
Reclaim of the 1.33960 lower high needed to neutralise the fade
Cable rejected the 1.34232 session high after an in-line US CPI gave no fresh USD fuel, then faded through the NY session in a chain of lower highs. Price is now pressing the 1.33715 session low for a third time with RSI(14) cooling near 40.
Support: 1.33715, 1.3364
Resistance: 1.3379, 1.33916, 1.34232
What it said to watch
M15 close below 1.33715 confirms a lower low and opens 1.3364
Reclaim of 1.33790 needed to ease downside pressure
US PPI tomorrow is the dominant USD catalyst for the next session
Cable spiked to 1.3423 during NY then was rejected at the 1.3410-1.3415 200-EMA ceiling, leaking back below the figure after in-line US CPI offered no fresh USD fuel. Lower-high chain into late NY with RSI(14) around 44; demand stepped in twice near 1.3371 on the latest pullback.
Support: 1.3371, 1.3364
Resistance: 1.33916, 1.3410, 1.34232
What it said to watch
M15 close above 1.33916 breaks the lower-high chain
Loss of 1.33710 confirms a lower low
Repeated stalls at 1.3410 keep the 200-EMA ceiling intact
Lower highs since CPI spike, grinding off session low.
Cable spiked to 1.3423 on the in-line US CPI then faded back below 1.3390, printing a chain of lower highs through the NY session. Price swept the 1.3371 session low late and bounced modestly to 1.3378; RSI(14) cooling near 43, sitting below EMA20/50.
Support: 1.33714, 1.33688
Resistance: 1.33964, 1.3400, 1.34232
What it said to watch
M15 close above 1.3396 breaks the descending lower-high sequence
Failure to hold 1.3371 confirms a fresh lower low toward 1.3369
US PPI tomorrow could materially shift this read via the USD leg
19:32 UTC
Downtrend, post-CPI fade · RSI 39 · price 1.3373
Lower highs since 1.3421 spike.
CPI landing in line at 12:30 UTC spiked cable to 1.3421 then reversed hard, a false break of the session high. Price has leaked lower through late NY, printing a fresh session low at 1.3371 with RSI(14) near 38; lower highs intact.
Support: 1.3371, 1.3364
Resistance: 1.3390, 1.3421
What it said to watch
Close back above 1.3390 swing would ease the lower-high sequence
Failure to hold 1.3371 confirms continuation toward 1.3364
PPI tomorrow 12:30 UTC could materially shift this read via the USD leg
Cable spiked to 1.3423 on the in-line US CPI then leaked back through the figure, rejected ahead of the 1.3410 200-EMA ceiling. Price is now grinding lower-highs into the session low at 1.3372 with RSI near 40, no momentum reset yet.
Support: 1.3372, 1.3360
Resistance: 1.3390, 1.3410, 1.3423
What it said to watch
Close below 1.3372 confirms a lower-low and exposes 1.3360
Reclaim of 1.3390 needed to challenge the 1.3410 ceiling again
US PPI Thursday is the next USD catalyst for this read
Cable spiked to 1.3421 on the in-line US CPI before rejection at the 200-EMA ceiling, then leaked steadily lower through the NY session, printing lower highs and now sitting on the session low near 1.3371. RSI(14) sub-40 with price below both EMAs.
Support: 1.3371, 1.3366
Resistance: 1.3391, 1.3404, 1.3421
What it said to watch
M15 close below 1.3371 confirms a lower low
Reclaim of 1.3391 swing high needed to ease the intraday selling
US PPI tomorrow could shift the USD leg and this read
19:17 UTC
Downtrend, post-CPI fade · RSI 36 · price 1.33723
Lower highs, lower lows off the 1.3421 spike.
NY session CPI spike tagged 1.3421 before rejecting at the 1.3410 200-EMA ceiling, then faded steadily into session lows near 1.3372. Lower highs intact, RSI(14) sub-40 and price holding under EMA20/50.
Support: 1.3371, 1.3366
Resistance: 1.3391, 1.3405, 1.3410
What it said to watch
M15 close back above 1.3391 breaks the lower-high sequence
Loss of 1.3371 confirms a fresh lower-low
US PPI Thu 12:30 UTC is the next USD catalyst
19:02 UTC
Downtrend off post-CPI high · RSI 38 · price 1.33776
Lower highs, pressing session lows.
Post-CPI spike to 1.3421 was rejected at the 1.3410 ceiling and cable has leaked back through the figure to session lows near 1.3376 in a chain of lower highs. RSI(14) sub-40 with price under both EMAs confirms downside momentum into the NY afternoon.
Support: 1.3376, 1.3360
Resistance: 1.3390, 1.3410
What it said to watch
M15 close back above 1.3390 would break the lower-high chain
Failure to hold the 1.3376 session low opens 1.3360 prior low
US PPI tomorrow could shift the USD leg of this read
19:01 UTC
Pulled back from highs, drifting lower · RSI 40 · price 1.33776
Lower highs after 1.3421 spike, leaking back below figure.
NY session spiked to 1.3421 then faded after repeated rejection at the 200-EMA/1.3410 ceiling, cable leaking back below the figure to 1.3378 into the close. RSI(14) sits sub-40 as the late-session drift extends a chain of lower highs from the 1.3421 peak.
Support: 1.3371, 1.3364
Resistance: 1.3391, 1.3410, 1.3421
What it said to watch
Loss of 1.3371 swing low confirms a lower-low and opens the 1.3364 session low
Reclaim of 1.3391 minor high needed to challenge the 1.3410 ceiling again
US PPI tomorrow could materially shift the USD leg and this read
18:47 UTC
Pullback after NY rejection · RSI 41 · price 1.33814
Rejected at 1.34, lower highs into session lows.
NY session swept above the figure to 1.3421 then rejected hard, fading back below 1.34 as the 200-EMA/1.3410 ceiling held. Price is drifting toward session lows near 1.3371 in a chain of lower highs, RSI(14) cooled into the low 40s.
Support: 1.3371, 1.3377, 1.3366
Resistance: 1.3396, 1.3410, 1.3421
What it said to watch
Reclaim of 1.3396 would neutralise the fade off the 1.3410 ceiling
Loss of 1.3371 confirms a lower low and extends the pullback toward 1.3366
Repeated rejection at 1.3410 keeps the cap intact
18:46 UTC
Pulled back from CPI spike, drifting lower · RSI 43 · price 1.33814
Lower highs since 1.3421 spike, edging to session lows.
Cable spiked to 1.3421 on the in-line US CPI print then faded back below the figure, stalling under the 200-EMA/1.3410 ceiling. Price has carved lower highs since and is now pressing the 1.3379 session low with RSI(14) sub-45.
Support: 1.3379, 1.3371, 1.3366
Resistance: 1.3397, 1.34084, 1.3410
What it said to watch
M15 close below 1.3371 confirms a lower-low and exposes 1.3366
Reclaim of 1.3410 200-EMA opens the path to 1.3475
US PPI Thu 12:30 GMT is the next USD-leg catalyst for this read
18:32 UTC
Range after CPI spike faded · RSI 43 · price 1.33861
Spike to 1.3423 rejected, back inside intraday range.
The in-line US CPI spike pushed cable to 1.3423 but it was rejected at the 200-EMA ceiling near 1.3410 and leaked back below the figure. Price now oscillates 1.3379–1.3396 with RSI(14) mid-range, no fresh momentum either way.
Support: 1.3379, 1.3371
Resistance: 1.3396, 1.3410, 1.3423
What it said to watch
M15 close below 1.3371 confirms a lower-low
M15 close above 1.3410 re-tests the 1.3423 cpi high
US PPI tomorrow could shift the USD leg materially
18:32 UTC
Pulled back off NY spike high, drifting · RSI 43 · price 1.33861
Range below 1.3410 after sweep rejection.
NY session spiked to 1.3421 on the in-line US CPI print then rejected hard back below 1.3400, stalling at the 200-EMA ceiling near 1.3410. Price now ranges 1.3379–1.3396 with RSI(14) mid-40s; lower highs since the spike.
Support: 1.3379, 1.3371, 1.3360
Resistance: 1.3396, 1.3410, 1.3421
What it said to watch
M15 close above 1.3410 200-EMA reopens the 1.3421 cpi high
Loss of 1.3379 session low exposes the 1.3371 swing low
Holding below 1.3396 keeps the post-spike range intact
18:17 UTC
Faded after CPI spike, now consolidating · RSI 46 · price 1.33903
Rejection at session high, deep retrace of the rally.
Cable spiked to a 1.34232 session high on the US CPI release then was rejected, fading back below the 1.34 figure as the in-line print gave no fresh USD impulse. Price is now consolidating around 1.339 with RSI(14) neutral near 46; the post-CPI rally has been retraced most of the way back to its 1.33759 origin.
Support: 1.3379, 1.3371
Resistance: 1.3400, 1.34232
What it said to watch
M15 close above 1.34000 reopens the 1.34232 session high
Failure to hold the 1.33790 swing low opens the 1.33710 session low
18:16 UTC
Range, post-spike fade · RSI 49 · price 1.33903
Consolidation under 1.3410 ceiling after CPI spike rejection.
NY session post-CPI spike swept to 1.3423 then was rejected at the 1.3410 ceiling, leaking back to the mid-range as the in-line print gave no fresh USD fuel. Price now consolidating 1.3380–1.3396, RSI(14) neutral near 49 and ATR around 13 pips.
Support: 1.33773, 1.3371
Resistance: 1.34064, 1.3410, 1.34232
What it said to watch
M15 close above 1.34100 reopens the 1.3423 cpi high and 200-ema ceiling break
Loss of 1.33773 session low confirms a lower-low
PPI tomorrow is the next USD catalyst that could shift this range
US CPI (in line) sparked a spike to the 1.3423 session high, immediately rejected as price faded back below the 1.3400 figure. Now consolidating ~1.3393, near the 61.8% retracement of the CPI run-up with RSI(14) neutral near 52.
Support: 1.3379, 1.3371
Resistance: 1.3400, 1.3423
What it said to watch
Close back above 1.3400 reopens the 1.3423 session high
Loss of 1.3371 confirms a lower-low and deeper unwind of the CPI move
PPI Thu could shift the USD leg and this read
18:02 UTC
Range, mid-range after rejection · RSI 53 · price 1.3393
Capped at 1.3410 ceiling, holding above 1.3371.
May US CPI landed in line and cable spiked to 1.3423 before being rejected at the 200-DEMA/1.3410 ceiling, fading to 1.3371. Price has since recovered to the mid-1.3390s, leaving the pair mid-range between 1.3371 support and the 1.3410 ceiling.
Support: 1.3377, 1.3371
Resistance: 1.3410, 1.3423
What it said to watch
Close above 1.3410-1.3415 (200-dema) opens the path to 1.3475
Failure to hold 1.3371 session low confirms a lower-low
US PPI tomorrow 12:30 GMT could shift the USD leg materially
NY session swept the figure to 1.3423 on the in-line US CPI print, then faded hard back below 1.3400 with lower highs building into the late session. Price now leaks toward the 1.3377 swing low, RSI(14) sub-45 and price under both EMAs.
Support: 1.33773, 1.3371
Resistance: 1.3402, 1.3410, 1.34232
What it said to watch
M15 close back above 1.3402 negates the lower-high sequence
Loss of 1.3377 confirms continuation toward 1.3371 session low
Rejection at 1.3410-1.3423 ceiling, leaking lower.
NY session spiked to 1.34232 on the US CPI release then faded; the in-line print offered no fresh USD fuel and cable was rejected at the 200-EMA/1.3410 ceiling, leaking back below the figure. Price now drifts toward the 1.3377 session low with RSI(14) cooling near 42 and trading under both EMAs.
Support: 1.33773, 1.3371, 1.3370
Resistance: 1.3400, 1.3410, 1.34232
What it said to watch
Close below 1.33710 confirms a lower-low and opens 1.3370
Reclaim of 1.34000 reopens the 1.3410 ceiling
US PPI Thu and UK GDP Fri are the next catalysts for cable
17:32 UTC
Pullback after ceiling rejection · RSI 44 · price 1.33834
Spike rejected at 1.3410, leaking back, now consolidating.
In-line US CPI sparked a spike that swept to 1.3423, testing the 200-EMA ceiling at 1.3410, before rejecting back below the figure. Price has since leaked into the mid-1.3380s and is consolidating, RSI(14) near 44 with no extreme. No setup in play while between 1.3371 and 1.3410.
Support: 1.3371, 1.3364
Resistance: 1.3410, 1.34232
What it said to watch
M15 close above 1.3410 reopens the ceiling test toward 1.3475
Loss of 1.3371 confirms a lower low
PPI Thu 12:30 GMT could materially shift this read via the USD leg
17:32 UTC
Rally faded, now consolidating · RSI 43 · price 1.33834
Session high swept, leaking back.
NY-session CPI print (in line) spiked cable to a 1.34232 session high before the move was swept and faded back below 1.3400. Price now consolidates in the mid-1.3380s, capped under the 200-EMA/1.3410 ceiling, with RSI near 43.
Support: 1.3371, 1.3360, 1.3340
Resistance: 1.3397, 1.3410, 1.34232
What it said to watch
M15 close above 1.3410 opens the path toward 1.3475
Failure to hold 1.33710 confirms a lower low
US PPI tomorrow could materially shift this read via the USD leg
Swept session high then faded below 1.3400, now consolidating.
US CPI landed in line during the NY session and cable spiked to 1.34232 before that high was swept and rejected, leaking back below 1.3400. Price now consolidates in the 1.3384–1.3396 band with RSI(14) cooling near 46, holding under the post-spike descending highs.
Support: 1.33839, 1.3371
Resistance: 1.3396, 1.3400, 1.34232
What it said to watch
Reclaim and close above 1.3400 reopens the 1.34232 session high
Loss of 1.3371 swing low confirms a lower low
US PPI tomorrow could materially shift this read via the USD leg
17:16 UTC
Pullback after spike rejection · RSI 46 · price 1.33858
Lower highs off 1.3421, consolidating.
Cable spiked to 1.3421 on the in-line US CPI then rejected sharply, leaking back below 1.3390 and stalling under the 200-DEMA near 1.3410. Price now consolidating in the 1.3386–1.3396 band with RSI(14) neutral around 46 and trading below EMA20/50. The 1.3410–1.3421 zone capped the move — area to watch for renewed rejection or break.
Support: 1.33759, 1.3371
Resistance: 1.33974, 1.3410, 1.34232
What it said to watch
M15 close above 1.3397 reopens the 1.3421 high
Failure to hold 1.3376 confirms a lower low toward 1.3371
Rejected at 1.3410-1.3423 ceiling, leaking back into range.
Cable spiked to 1.34232 on the in-line US CPI (soft core MoM) but was rejected at the 200-EMA/1.3410 ceiling and leaked back below the figure. Now consolidating around 1.3390 between the 1.3387 swing low and the 1.3410 ceiling, RSI(14) flat near mid-range.
Support: 1.3387, 1.3371, 1.3366
Resistance: 1.3410, 1.34232
What it said to watch
Close above 1.3410 re-challenges the 1.3423 session high
Failure to hold 1.3387 opens the 1.3371 sweep low
PPI tomorrow could materially shift this read via the USD leg
17:02 UTC
Pullback after CPI spike, now flat · RSI 46 · price 1.33918
Spike high rejected, consolidating below 1.3400.
US CPI sent cable spiking to 1.3423 before the move faded back below the 1.3400 figure, with the 200-EMA ceiling near 1.3410 capping the push. Price now consolidating around 1.3390, having retraced most of the CPI leg; session low at 1.3371 marks the floor.
Support: 1.3371, 1.3394
Resistance: 1.3400, 1.3410, 1.3423
What it said to watch
Reclaim of the 1.3400 figure reopens the 1.3410 ceiling test
Loss of 1.3371 session low confirms a lower-low
US PPI Thursday is the next USD catalyst for this read
16:47 UTC
Pullback after rejection at session high · RSI 45 · price 1.33917
Lower highs since 1.3421 spike, consolidating below 1.3400.
In-line US CPI with a soft core MoM spiked cable to 1.3421 to test the 200-EMA/1.3410 ceiling, but the move was rejected and leaked back below 1.3400. Price is now consolidating in the 1.3389-1.3400 zone with a chain of lower highs off the spike, RSI(14) cooling to the mid-40s.
Support: 1.3371, 1.3380
Resistance: 1.3401, 1.3421
What it said to watch
M15 close above 1.3410 reopens the 1.3421 spike high
Loss of 1.3371 confirms a lower low
US PPI Thursday could materially shift this read via the USD leg
Rejection at 1.3410-1.3421, fading back to figure.
Cable spiked to 1.3421 on the soft US core CPI MoM print but was rejected at the 200-EMA/1.3410 ceiling, leaking back below the 1.3400 figure. Price now consolidating around 1.3390 between the ema50 at 1.3388 and the figure, RSI(14) neutral near 49.
Support: 1.3371, 1.3388
Resistance: 1.3400, 1.3410, 1.3421
What it said to watch
M15 close above 1.3421 invalidates the rejection read and opens 1.3475
Failure to hold 1.3371 swing low confirms a lower-low
US PPI tomorrow could materially shift this read via the USD leg
16:32 UTC
Pullback after rejection at ceiling · RSI 46 · price 1.33928
Spiked into 1.3410 ceiling, faded back below the figure.
NY session spiked to 1.34232 on the in-line-but-hot US CPI print, then was rejected at the 200-EMA/1.3410 ceiling and leaked back below the figure. Price now consolidating in the mid-1.339s under EMA20, RSI(14) cooled to the mid-40s.
Support: 1.3371, 1.3378
Resistance: 1.3400, 1.3410, 1.3423
What it said to watch
M15 close above 1.3410 reopens the 1.34230 session high
Failure to hold 1.33710 session low confirms a lower-low
Reclaiming 1.3400 round number would neutralise the fade
16:31 UTC
Pullback after NY spike, momentum flat · RSI 47 · price 1.33928
Consolidating below 1.3415 ceiling after rejection.
NY session spiked cable to 1.3423 on the in-line US CPI, then rejected the 200-EMA/1.3410-1.3415 ceiling and leaked back to consolidate near 1.3390. RSI(14) has cooled to mid-40s; price now hovers between the 1.3415 supply and the 1.3371 swing low with no fresh direction.
Support: 1.3371, 1.33759
Resistance: 1.3415, 1.34232
What it said to watch
M15 close above 1.3415 reopens the path toward 1.34232 session high
Failure to hold 1.3371 swing low confirms a lower-low
PPI tomorrow could materially shift the USD leg and this read
16:16 UTC
Uptrend stalled, rolling over · RSI 48 · price 1.33915
Spike high rejected, pulling back into range.
NY session spiked to 1.3423 on the in-line US CPI print but was rejected at the 200-EMA/1.3410 ceiling and leaked back below the 1.3400 figure. RSI(14) cooled to mid-40s as the pair retraced into the prior range; 1.3371 swing low is the nearest demand.
Support: 1.3371, 1.3358
Resistance: 1.3400, 1.3410, 1.3423
What it said to watch
M15 close above 1.3415 re-tests the session high at 1.3423
Failure to hold 1.3371 confirms a lower-low
US PPI Thursday could shift the USD leg materially
16:16 UTC
Pullback after spike rejection · RSI 46 · price 1.33915
Rejected at 1.3421 ceiling, back below 1.34 figure.
NY session CPI print drove a spike to 1.3421 that was rejected at the 200-EMA ceiling, then faded back below the 1.34 figure. Buyers stepped in at 1.3371 on the dip and price has recovered to 1.33915, RSI(14) flat near 46 after cooling from the spike.
Support: 1.3371, 1.3389
Resistance: 1.3400, 1.3410, 1.34232
What it said to watch
M15 close above 1.3415 ceiling exposes 1.3475
Failure to hold 1.3371 confirms a lower-low
US PPI Thu 12:30 GMT could shift the USD leg
16:02 UTC
Uptrend stalled, pulling back · RSI 48 · price 1.33912
Spike-and-fade off session high.
NY session spiked to 1.34232 on the in-line US CPI print, briefly poking through the 1.3410 ceiling before fading back to 1.3391. Price has since unwound most of the rally and sits below EMA20 with RSI(14) cooled to the mid-40s; the 1.3371 swing low caps the downside so far.
Support: 1.33873, 1.3371
Resistance: 1.3405, 1.3410, 1.34232
What it said to watch
M15 close back above 1.34100 reopens the session high at 1.34232
Failure to hold 1.33873 exposes the 1.33710 swing low
Spike to session high rejected, fading back into range.
NY session CPI print spiked cable to 1.3421 before it was rejected at the 200-EMA ceiling near 1.3410-1.3415 and faded back to 1.339. RSI(14) has cooled to neutral as the move unwound; price now sits below EMA20 but holding above EMA50.
Support: 1.3371, 1.33773
Resistance: 1.3421, 1.34232
What it said to watch
M15 close above 1.3415 reclaims the ceiling and exposes 1.3475
Failure to hold 1.3371 confirms a lower low and opens the 1.3300 pivot
US PPI Thu could re-drive the USD leg of this read
Rejected at 1.3410 ceiling, leaking back to 1.339.
CPI-driven spike to 1.3423 swept the 200-EMA ceiling near 1.3410 then faded, closing back below the figure — a false break of resistance. Pair has leaked to 1.339 through NY hours, RSI(14) cooling toward 46 with price slipping under EMA20.
Support: 1.33873, 1.33759, 1.33685
Resistance: 1.3410, 1.34232
What it said to watch
M15 close back above 1.3410-1.3415 reopens the path to 1.34232 and the 1.3475 ceiling break
Failure to hold 1.33873 confirms a lower-low toward 1.33759
US PPI tomorrow could materially shift the USD leg and this read
Lower highs since 1.3421 spike, holding above 1.3387.
Cable spiked to 1.3421 during NY hours on the soft US core CPI MoM (0.2% vs 0.3% f/c), tagging the 1.3410-1.3415 ceiling before rejecting back below the 1.3400 figure — a false break of the round number. RSI(14) has cooled to the mid-40s as price retraces most of the CPI move and prints lower highs into 1.3404.
Support: 1.3387, 1.33759
Resistance: 1.3400, 1.3415, 1.3421
What it said to watch
Sustained close above 1.3415 (200-ema area) opens the path toward 1.3475
Failure to hold 1.3387 confirms a lower low toward the 1.3376 session low
US PPI Thursday could materially shift this read via the USD leg
15:32 UTC
Pulled back after CPI spike, momentum fading · RSI 49 · price 1.33959
Rejection at 1.3410-1.3423 ceiling, back below figure.
NY session spiked to 1.3423 on an in-line US CPI with a soft core MoM, sweeping the 1.3410 200-EMA ceiling before leaking straight back below the 1.3400 figure. Buyers held 1.3392 on the fade but the ceiling rejection has price drifting under EMA20, RSI back to neutral.
Support: 1.3392, 1.3376
Resistance: 1.3400, 1.3410, 1.3423
What it said to watch
M15 close above 1.3415 invalidates the rejection read and reopens the session high
Loss of 1.3392 confirms a lower-low toward 1.3376 session low
PPI Thu 12:30 GMT could reprice the USD leg
15:32 UTC
Uptrend stalling, pullback in play · RSI 49 · price 1.33959
Rejected at 1.3410 ceiling, fading below the figure.
The in-line US CPI print (soft core MoM) spiked cable to 1.3423 during NY hours, but the move was rejected at the 200-EMA/1.3410 ceiling and faded back below the 1.3400 figure. Price is now consolidating around 1.3396 with RSI(14) cooling to neutral after the spike.
Support: 1.3389, 1.3377
Resistance: 1.3410, 1.3423
What it said to watch
M15 close above 1.3410 reopens 1.3423 and the 1.3475 path
Failure to hold 1.3389 exposes the 1.3377 asia low
US PPI Thu could materially shift this read via the USD leg
15:17 UTC
Intraday up move stalling, pulling back · RSI 48 · price 1.3393
Rejection at 1.3410-1.3421, retracing the CPI leg.
US CPI landed roughly in line with a soft core MoM, giving the dollar a mild soft-touch and lifting cable to 1.3421 in early NY hours, but the spike was rejected at the 1.3410 ceiling and price has faded back to 1.3393 — the 61.8% retrace of that leg. RSI(14) has cooled to the mid-40s as the move unwinds.
Support: 1.3393, 1.3377, 1.3360
Resistance: 1.3410, 1.3421
What it said to watch
Failure to hold 1.3393 (61.8% fib) opens 1.3377 swing low
M15 close back above 1.3410 reopens the 1.3421 spike high
PPI Thu / FOMC next week are the bigger USD-leg catalysts beyond this window
US CPI landed broadly in line (core MoM 0.2% vs 0.3%) and gave cable a soft-USD pop to 1.3421 during NY hours, but the spike was rejected and price has leaked back below 1.3400 toward 1.3393. RSI(14) cooled into the mid-40s as the move faded; 1.3408 prior high now caps.
Support: 1.3376, 1.3360
Resistance: 1.3408, 1.3421
What it said to watch
M15 close back above 1.3408 reopens the 1.3421 cpi high
Loss of 1.3376 session low confirms a lower-low
PPI Thu and FOMC next week could shift the USD leg
NY breakout above 1.3400, rejected at 1.3410-1.3423 ceiling.
NY session spiked above the 1.3400 figure after in-line US CPI, tagging 1.34232 before rejection at the 200-EMA/1.3410 ceiling; price has since leaked back to 1.3400. RSI(14) cooling from the post-CPI push, with the move stalling at the same area that capped earlier.
Support: 1.3400, 1.33955, 1.33773
Resistance: 1.3410, 1.34232
What it said to watch
Close above 1.34100 and break of 1.34232 opens the path toward 1.3475
Failure to hold the 1.3400 round number exposes 1.33955 then 1.33773
UK GDP Fri and US PPI Thu could materially shift this read
15:01 UTC
Uptrend stalling at ceiling · RSI 55 · price 1.33996
Rally rejected at 1.3415-1.3423, leaking back to figure.
NY session spiked to 1.3423 on the in-line US CPI, poking through the 1.3410-1.3415 200-EMA ceiling before being rejected straight back to the figure. Price now holds ~1.3400 above EMA20/50, RSI(14) cooled from overbought to mid-50s; the 1.3415 ceiling capped twice.
Support: 1.3390, 1.3376
Resistance: 1.3415, 1.34232
What it said to watch
M15 close above 1.34232 invalidates the false-break read and exposes 1.3475
Loss of 1.33760 session low confirms a lower-low
UK GDP Fri and US PPI Thu are next catalysts for the USD leg
NY session pushed cable up after the in-line US CPI, spiking to 1.34232 before rejecting back below the 1.3410-1.3415 200-EMA ceiling. Price now hovers at 1.3408 having held above 1.3400; RSI(14) cooling near 59 after the run.
Support: 1.3400, 1.33759, 1.3368
Resistance: 1.3415, 1.34232
What it said to watch
M15 close above 1.3415 opens the path toward 1.3475
Failure to hold 1.3400 exposes the 1.33759 swing low
NY rally stalled at 1.3415 ceiling, now consolidating below the figure.
NY session drove cable through the 1.3410-1.3415 ceiling (200-day EMA) to 1.34232 before rejecting back below the figure, an in-line US CPI keeping the USD underpinned. Price now consolidating ~1.34077 with RSI(14) cooling from the highs; the 1.3415 area capped repeatedly.
Support: 1.33993, 1.33759
Resistance: 1.3415, 1.34232
What it said to watch
Clean M15 close above 1.3415 exposes the 1.3475 area
Failure to hold 1.33993 confirms a lower-low back toward 1.33759
UK GDP Fri and US PPI Thu could materially shift this read
NY session spiked to 1.34232 after the in-line US CPI print, then faded back below the 200-EMA/1.3410 ceiling and is holding just above the 1.3400 figure. RSI(14) cooling from the post-CPI high near 58; price remains above EMA20 and EMA50 but the upper rejection keeps it capped.
Support: 1.3400, 1.33759
Resistance: 1.34232, 1.3410
What it said to watch
Clean M15 close above 1.3415 ceiling opens the path toward 1.3475
Loss of 1.3400 then 1.33759 swing low invalidates the breakout read
PPI tomorrow could materially shift the USD leg of this read
NY session pushed cable from 1.3376 to a 1.3423 spike high on the softer US core CPI MoM print, then rejected at the 200-EMA/1.3410 ceiling and leaked back to 1.3404. RSI cooling from the spike but holding mid-range; price still parked just above the 1.3400 round number.
Support: 1.3400, 1.3377
Resistance: 1.3410, 1.3423
What it said to watch
Clean M15 close above the 1.3410 ceiling opens the path toward 1.3475
Failure to hold 1.3400 exposes the 1.3377 swing low
US PPI tomorrow could materially shift the USD leg and this read
NY session pushed cable to a 1.3423 session high after in-line US CPI, then stalled at the 1.3410-1.3415 ceiling and leaked back to 1.3407. RSI(14) cooling from the rally; price still holding above the 1.3400 round number.
Support: 1.3400, 1.3389, 1.3377
Resistance: 1.3415, 1.34232
What it said to watch
M15 close above 1.3415 ceiling opens the path toward 1.3423 and beyond
Failure to hold 1.3400 exposes the 1.3389 and 1.3377 swing lows
US PPI tomorrow could materially shift the USD leg of this read
Higher highs into 200-EMA ceiling, leaking back below 1.3410.
NY session pushed cable up off 1.3358 to spike 1.3421 after an in-line US CPI print, tagging the 200-EMA ceiling near 1.3415 before leaking back below the 1.3400 figure. Spike rejection at 1.3423 with RSI cooling from overbought; price now hovering just under the ceiling.
Support: 1.3400, 1.33759, 1.33582
Resistance: 1.3415, 1.34232
What it said to watch
Clean M15 close above 1.3415 ceiling exposes 1.3475
Failure to hold 1.3400 round number reopens 1.3376 swing low
NY session pushed through the 1.3410 ceiling and swept the session high at 1.34232 before rejecting back under the figure to 1.34084. The move came on a softer USD with in-line US CPI keeping the dollar steady; the 1.3410 area is capping for now, RSI(14) cooling from the spike near 62.
Support: 1.3400, 1.33759
Resistance: 1.3410, 1.34232
What it said to watch
M15 close above 1.34232 invalidates the rejection read and opens 1.3475
Failure to hold 1.34000 puts the 1.33759 swing low back in play
Repeated rejection at 1.3410 keeps the ceiling intact
Cable ground higher through the NY session off the 1.33759 low and spiked to 1.3421 after the in-line US CPI, but the 200-EMA/1.3410-1.3415 ceiling rejected the move and price leaked back to 1.34084. RSI(14) near 59 after cooling from the spike; the figure at 1.3400 is now the first test.
Support: 1.3400, 1.3389, 1.33759
Resistance: 1.3415, 1.3421
What it said to watch
Sustained M15 close above 1.3415 invalidates the ceiling rejection and exposes 1.3475
Loss of 1.3400 then 1.3389 confirms the spike was a false break
PPI tomorrow could materially shift the USD leg of this read
Breakout above the 200-ema ceiling after a long range.
Cable pushed through the 1.3410 200-EMA ceiling into a 1.3421 session high during NY hours, helped by a soft US core CPI MoM keeping the USD heavy. Price spent most of the prior 12 hours ranging 1.3377–1.3395 before this leg, with RSI(14) now near 69.
Support: 1.3410, 1.3377, 1.3358
Resistance: 1.3421
What it said to watch
Hold above the 1.3410 200-ema turns the prior ceiling into support and confirms the break
Slip back below 1.3410 reasserts the repeated rejection seen at this level
UK GDP Fri (f/c -0.1% MoM) is the next scheduled catalyst for cable
13:47 UTC
Uptrend, breakout in progress · RSI 72 · price 1.3419
Higher highs into ceiling break.
NY session pushed cable through the 1.3410-1.3415 ceiling (200-day EMA) to a session high 1.3421 after in-line US CPI with a soft core MoM print eased the USD. RSI(14) running hot near 72 as the breakout extends; price holding just above the prior ceiling.
Support: 1.3410, 1.3390, 1.3377
Resistance: 1.3421
What it said to watch
Sustained M15 close above 1.3410 confirms the ceiling break; slip back below reinstates the rejection read
Failure to hold 1.3377 reopens the downside toward 1.3360
PPI Thu and UK GDP Fri are near-term USD/GBP catalysts
NY session ground cable back up to retest the 1.3410 ceiling after a clean recovery off the 1.3358 day low, with the in-line US CPI keeping the USD two-way. Price has built higher lows since the London-NY transition; RSI(14) near 63, elevated but not stretched.
Support: 1.3389, 1.33759, 1.33582
Resistance: 1.3410, 1.34084
What it said to watch
M15 close above the 1.3410 ceiling opens the path toward 1.3475
Failure to hold the 1.3389 swing low reopens 1.3358 day low
Repeated rejection at 1.3410 keeps price inside today's range
Cable ground higher through the NY open after in-line US CPI, retesting the 200-EMA/1.3410 ceiling that capped earlier; RSI mid-60s, not yet extended. Buyers stepped in around 1.3377 during the London-NY transition, building higher lows into resistance.
Support: 1.3390, 1.33759, 1.3364
Resistance: 1.3408, 1.3410, 1.3415
What it said to watch
Clean M15 close above 1.3415 opens the path toward 1.3475
Failure to hold 1.3390 reopens 1.33759 swing low
Repeated rejection at 1.3410 keeps price boxed under the ceiling
NY session pushed cable to a session high of 1.3406 after an in-line US CPI print, but the 200-EMA/1.3410 ceiling capped and price faded back to 1.3397. Still oscillating inside the 1.3377–1.3406 intraday range with no clean break established.
Support: 1.3377, 1.3358
Resistance: 1.34064, 1.3410
What it said to watch
M15 close above 1.3410 invalidates the range cap and opens 1.3475
Failure to hold 1.3377 exposes the 1.3358 session low
Sterling remains pinned below the 200-EMA ceiling near 1.3410
13:16 UTC
Recovery off session low, capped at 1.3410 · RSI 54 · price 1.33974
Range, recent spike swept and rejected.
Cable spiked above 1.3400 into the NY session, tagging 1.34084 before sellers rejected it straight back below the figure, now at 1.33974 — a clean sweep of the prior session high. Price is recovering off the 1.3358 low set after the in-line US CPI but the 200-EMA ceiling near 1.3410 continues to cap.
Support: 1.3376, 1.3358
Resistance: 1.3406, 1.3410
What it said to watch
Close above 1.3410 200-ema invalidates the rejection read and exposes 1.3475
Failure to hold 1.3376 swing low reopens 1.3358 session low
Thu US PPI could materially shift this read via the USD leg
13:02 UTC
Range, mild recovery · RSI 53 · price 1.33912
Ranged 1.3358-1.3406, rejected at top.
US CPI landed at the 12:30 UTC bar and GBPUSD spiked to 1.3406 before being rejected straight back to 1.3391, leaving a clear wick at the session high. Price has chopped between 1.3358 and 1.3406 all session, with a rising series of lows off the early dip but no acceptance above the 1.3408 cap.
Support: 1.3376, 1.3358
Resistance: 1.3408, 1.3414
What it said to watch
M15 close above 1.3408 invalidates the rejection read and opens 1.3414
Failure to hold 1.3376 exposes the range low at 1.3358
Ongoing US CPI digestion can re-rate this band quickly
13:01 UTC
Range, capped at 1.3400 · RSI 53 · price 1.33912
Intraday range, rejection from session high.
US CPI landing spiked Cable to 1.3408 but the move was rejected at the 1.3400 round level and price closed back near mid-range at 1.3391. RSI(14) cooled to the low-50s after the rejection; ATR is elevated on the CPI volatility, keeping bars wide.
Support: 1.33759, 1.33582
Resistance: 1.3400, 1.34084
What it said to watch
Sustained M15 close above 1.3400 / 1.3408 session high would invalidate the rejection read
Loss of 1.3376 swing low exposes the 1.3358 session low
US CPI reaction still developing — fresh spikes likely as the print is digested
12:47 UTC
Recovery off session low, testing cap · RSI 67 · price 1.34042
Range bottom reclaimed, pressing 1.3400 cap.
US CPI landed 12:30 UTC and popped Cable off 1.3390 to a session high 1.34064, parking right under the 1.3400/1.3411 EMA cap that has repeatedly rejected. Price recovered the full London-NY range after basing at 1.3358, RSI(14) elevated near 67 but not yet stretched.
Support: 1.33759, 1.33582
Resistance: 1.34064, 1.34106
What it said to watch
Sustained M15 close above 1.3415 invalidates the cap and opens 1.3475
Rejection back below 1.33759 returns price into the 1.3358-1.3400 range
CPI reaction still developing — first follow-through bars set the tone
12:46 UTC
Intraday rebound, testing range top · RSI 68 · price 1.34042
Range break attempt into 1.3400 cap.
US CPI landing at 12:30 UTC popped Cable off 1.3377 straight into the 200-day EMA cap, the day's range high at 1.3406 giving way on the spike. RSI(14) near 68, hot but not extreme; price is now pressing the 1.3406-1.3415 rejection cluster that has repeatedly held.
Support: 1.33777, 1.33582
Resistance: 1.34064, 1.3415
What it said to watch
M15 close above 1.3415 invalidates the rejection-zone read
Failure to hold 1.3377 reopens the 1.3358 range low
NY session has price climbing back to the 1.3400 ceiling (200-DEMA), with the latest bar wicking 1.33999 — the same level that capped at 1.33995 earlier. Session low 1.3358 held mid-window and a higher-low chain has formed off 1.33759; RSI(14) near 60 with US CPI printing right now the immediate driver.
Support: 1.33759, 1.33582
Resistance: 1.3400, 1.3415
What it said to watch
US CPI releasing now — can materially shift this read in the next bars
M15 close above 1.3415 invalidates the ceiling-rejection read
Failure to hold 1.33759 reopens the 1.3358 session low
Intraday range 1.3358-1.3400, holding higher lows.
Cable is grinding back to the 1.3400 ceiling as US May CPI prints at the 12:30 UTC bar — the latest candle wicked to 1.33999 before settling at 1.33963. Higher lows have held since the 1.3358 session base, but the 200-DEMA/1.3400 zone remains the cap.
Support: 1.33759, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
M15 close above 1.34000 breaks the range top and opens 1.34106
US CPI reaction in progress — a hot print risks a slide back toward 1.3358
Loss of 1.33759 breaks the higher-low chain
12:16 UTC
Range, capped under 1.3400 · RSI 44 · price 1.3383
Ranging 1.3358–1.3400, pullback off session high.
Cable was rejected again at the 1.3400 ceiling (session high 1.3399) and has slipped back to 1.3383, now under EMA20/50. Price is mid-range between 1.3376 and 1.3400 with RSI(14) neutral near 44 — US CPI lands within minutes and is the dominant catalyst.
Support: 1.3376, 1.3358
Resistance: 1.3400, 1.3399
What it said to watch
US CPI (12:30 UTC) imminent — likely to break this range read either way
M15 close above 1.3400 opens the 1.3415 ceiling test
Loss of 1.3376 exposes 1.3358 swing low
12:16 UTC
Ranging, capped at 1.3400 · RSI 43 · price 1.3383
Rangebound below 200-dema ceiling.
Cable spent the last 24h chopping under the 1.3400 200-dema ceiling, with the latest push to 1.33995 rejected before fading to 1.3376. Price now sits mid-range at 1.3383, below EMA20/50, RSI(14) cooling around 43 — no clean intraday structure ahead of US CPI.
Support: 1.3376, 1.3358
Resistance: 1.3400, 1.3390
What it said to watch
US CPI at 12:30 UTC (~15min) is the dominant driver and can break this range either way
M15 close above 1.3400 clears the 200-dema ceiling and opens 1.3415+
Failure to hold 1.3376 exposes the 1.3358 range low
12:01 UTC
Rangebound, pulling back from highs · RSI 44 · price 1.33777
Range between 1.3358 and 1.3400, rejected at ceiling.
Cable was rejected just shy of the 1.3400 ceiling near 1.33995 in the NY session and has rolled back to 1.33777, RSI(14) cooling into the mid-40s. Still inside the 1.3358–1.3400 range with price now under EMA20/EMA50.
Support: 1.33759, 1.33582
Resistance: 1.3400, 1.33945
What it said to watch
US CPI at 12:30 UTC is the immediate USD catalyst and can break this range either way
M15 close above 1.3400 invalidates the rejection read and opens 1.3415
Failure to hold 1.33759 puts the 1.3358 swing low back in play
Cable rallied into 1.33995 during the London-NY transition but was rejected just under the 1.3400/200-DEMA ceiling, then faded to retest the 1.33759 session low. Price is mid-range around 1.3378, RSI(14) near 42; the 1.3358-1.3400 band has contained the last 24h with the recent lower high the only fresh structure.
Support: 1.33759, 1.33582
Resistance: 1.33995, 1.3400
What it said to watch
US CPI at 12:30 UTC is the immediate USD-side catalyst and can break this range either way
Loss of 1.33759 opens the 1.33582 window low
Reclaim of 1.33995 puts the 1.3400 ceiling back in play
11:46 UTC
Range, pulling back into NY · RSI 41 · price 1.33782
Consolidation under session high, late dip.
Cable rejected the session high near 1.33995/1.3400 and slid into the NY morning, now hovering at 1.33782 with RSI(14) cooling near 41. Price is holding just above the 1.33759 session low ahead of US CPI, the dominant near-term driver.
Support: 1.33759, 1.33661
Resistance: 1.33995, 1.3400
What it said to watch
US CPI at 12:30 UTC (~45m) could materially shift this read
Close below 1.33759 confirms a lower-low toward 1.33661
Reclaim above 1.34000 reopens the session high
11:46 UTC
Range, rolling over near top · RSI 42 · price 1.33782
Consolidation 1.3375–1.3400, fading off session high.
Cable rejected 1.33995 during NY hours and is rolling back toward the 1.33760 session low, with price now under both EMAs and RSI(14) easing into the low 40s. Two-way chop inside 1.3375–1.3400 as desks sit on hands ahead of US May CPI.
Support: 1.33759, 1.3368, 1.33582
Resistance: 1.33945, 1.33995, 1.34075
What it said to watch
US May CPI at 12:30 UTC (~45m) is the dominant near-term driver and could break this range either way
M15 close below 1.33759 confirms a lower low and opens 1.33680
Reclaim of 1.33945 puts the 1.33995 session high back in play
11:31 UTC
Ranging, capped near 1.3400 · RSI 49 · price 1.33845
Consolidation under session high after rejection at 1.3400.
Cable rallied through the NY morning to 1.33995 but stalled at the 1.3400/200-day EMA ceiling and faded to 1.33845, holding the upper half of a 1.3377-1.3400 range. RSI(14) is neutral near 49 as price sits around the 38.2% retrace of the 1.33582-1.33995 leg, traders parked ahead of US May CPI.
Support: 1.33773, 1.33665, 1.33582
Resistance: 1.33995, 1.3400, 1.34106
What it said to watch
US May CPI at 12:30 UTC (~1h) is the dominant near-term driver and could break this range
Close above 1.34000 opens 1.3415 then 1.34106
Loss of 1.33773 exposes 1.33665 and the 1.33582 session low
11:31 UTC
Range, capped at 1.3400 · RSI 46 · price 1.33845
Consolidation between 1.3377 and 1.3400 after rejection from session high.
Cable stalled into 1.3400/200-day EMA again, printing a session high at 1.33995 before fading back to 1.33845. Price is consolidating in the 1.3377-1.3400 band as traders sit on hands ahead of US May CPI; RSI(14) is neutral near 46.
Support: 1.3377, 1.3366, 1.33582
Resistance: 1.33995, 1.3400, 1.34106
What it said to watch
US May CPI at 12:30 UTC (~1h) is the dominant near-term driver for this pair
A close above 1.3400 opens the path toward 1.34106
Failure to hold 1.3377 exposes the 1.3366 london low
11:17 UTC
Recovery off lows, capped at 1.3400 · RSI 53 · price 1.33904
Higher lows since session low, ceiling intact.
Cable recovered off the 1.3358 session low and is grinding back into the 1.3400 ceiling, where prior pushes have stalled. Range is compressing on falling volume as traders sit on hands ahead of US CPI; RSI(14) neutral near 53.
Support: 1.33773, 1.33582
Resistance: 1.3400, 1.3415
What it said to watch
US CPI in ~1h could materially shift this read
Repeated rejection at 1.3400 vs a clean break above 1.3415
Failure to hold 1.33773 reopens the 1.3358 session low
Cable recovered off the 1.3358 range low to grind back into the 1.3400 ceiling, where the 200-day EMA capped the push and price faded to 1.3390 — sitting on the 61.8% retrace of the earlier drop. Tight 1.3377–1.3400 consolidation as traders sit on hands ahead of US May CPI; ATR cooled to ~7 pips.
Support: 1.33773, 1.33665, 1.33582
Resistance: 1.3400, 1.33995, 1.34106
What it said to watch
US May CPI at 12:30 UTC could materially shift this read
Clean break above 1.3415 opens room above the 1.3400 ceiling
Loss of 1.3377 session low reopens the 1.3365 swing low
11:02 UTC
Recovered off lows, capped at 1.3400 · RSI 55 · price 1.33913
Range, holding below 1.3400 ceiling.
Cable dipped to a session low at 1.3358 during London then recovered to retest the 200-day EMA/1.3400 ceiling, where it stalled. Price now consolidates in the 1.3380-1.3400 band with RSI(14) neutral near 55, traders parked ahead of US CPI.
Support: 1.3380, 1.33582
Resistance: 1.3400, 1.3415
What it said to watch
US CPI 12:30 UTC (~1.5h) is the swing factor for this read
M15 close above 1.3415 break level opens 1.3475
Loss of 1.3380 swing low exposes the 1.3358 session low
11:01 UTC
Recovered off session low, capped at 1.3400 · RSI 56 · price 1.33913
Consolidation under the 1.3400 ceiling.
Cable bounced from the session low at 1.3358 and ground back to the 1.3400 / 200-day EMA ceiling, where it stalled again into the US CPI window. RSI(14) sits mid-range near 56; price holds above EMA20/50 but supply keeps capping it sub-1.3400.
Support: 1.33808, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
US May CPI at 12:30 UTC (~1.5h) is the swing factor for this read
A close above 1.3415 invalidates the 1.3400 cap and opens higher
Failure to hold 1.3375 reopens the 1.3358 session low
Cable recovered from the 1.33582 day low through London and ground back toward the 1.3400 ceiling, but the last four bars stalled at 1.33995 with RSI(14) easing near 58. Consolidating just under resistance ahead of US CPI.
Support: 1.33808, 1.33582
Resistance: 1.3400, 1.34075
What it said to watch
Close above the 1.3400 ceiling opens the session high at 1.34075
US CPI at 12:30 UTC (~2h) is the swing factor for this read
Failure to hold rising support / 1.33808 swing low signals a lower low
10:47 UTC
Recovering toward range top · RSI 60 · price 1.33946
V-recovery off session low, retesting ceiling.
Cable bounced off the 1.3358 session low during London and has clawed back to the 1.3400 200-day EMA ceiling, where earlier pushes to 1.3408 were rejected. RSI(14) near 60, no extreme; price coiling just under the cap with US CPI due ~2h out.
Support: 1.3380, 1.3358
Resistance: 1.3400, 1.3408
What it said to watch
Clean break above 1.3415 invalidates the 1.3400 ceiling read
Loss of 1.3380 minor pivot reopens the 1.3358 session low
US CPI at 12:30 UTC could materially shift this read
10:32 UTC
Uptrend, testing ceiling · RSI 65 · price 1.33979
Higher lows off 1.3358, pressing 1.3400.
Cable ground higher through the late session, chaining higher lows off the 1.3358 low and now retesting the 1.3400 ceiling / 200-day EMA where it stalled earlier. RSI(14) near 65, firm but not stretched; price sits just under the figure as traders square up ahead of US May CPI.
Support: 1.3386, 1.3358
Resistance: 1.3400, 1.3410
What it said to watch
US May CPI at 12:30 GMT is the dominant near-term driver for this read
Clean close above 1.3415 opens the path toward the window high at 1.3410+
Rejection at 1.3400 keeps the ceiling intact and risks a rotation back to 1.3386
10:31 UTC
Recovery, grinding into 1.3400 · RSI 63 · price 1.33979
Higher lows off session low, pressing range top.
Cable rebuilt from the early-session low at 1.33582, stringing higher lows through the London-NY transition back to the 1.3400 figure, where price is now stalling. RSI(14) around 63, room left before stretched. US CPI in roughly 2h is the swing factor for the next leg.
Support: 1.3380, 1.3364, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
US CPI at 12:30 GMT could materially shift this read
M15 close above 1.34000 opens the path to the 1.34106 session high
Cable has ground back up from the 1.3358 session low through London to retest the 1.3400 ceiling / 200-day EMA, building a chain of higher lows. RSI(14) near 62, room before extremes. US May CPI at 12:30 GMT is the dominant swing factor into the next bars.
Support: 1.33808, 1.33682, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
US CPI in ~2h could materially shift this read
Sustained M15 close above 1.3415 opens the path higher; repeated rejection at 1.3400 confirms the ceiling
Loss of 1.3380 swing low would break the higher-low sequence
Cable clawed back from the 1.3358 swing low through London hours and is pressing the 1.3400/200dma ceiling again, RSI(14) mid-60s. The figure has repeatedly capped — prior pokes to 1.34084 faded — and US CPI at 12:30 GMT is the swing factor into the NY session.
Cable recovered off the 1.3358 swing low through the overnight session and is pressing the 1.3400 ceiling / 200-day EMA again on a chain of higher lows. RSI(14) around 60, ATR ~9 pips. US CPI at 12:30 GMT is the swing factor into the next bars.
Support: 1.3380, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
M15 close above 1.34106 session high clears the 200-day EMA ceiling
Break of the higher-lows trendline / 1.3358 swing low reopens downside
US CPI 12:30 GMT (~2.5h) could materially shift this read
10:02 UTC
Recovering, pressing range top · RSI 61 · price 1.33973
Range 1.3358-1.3411, retesting 1.3400 ceiling.
Cable recovered from the London-session low at 1.3358 and is back pressing the 1.3400 ceiling, holding above both EMAs with RSI(14) near 60. Price has retraced almost the entire earlier drop but the 200-day EMA/1.3400 area continues to cap, as it did on the early-window spike to 1.3411.
Support: 1.33808, 1.3368, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
US May CPI 12:30 GMT (~2.5h) is the dominant near-term driver for this pair
M15 close above 1.3415 invalidates the range-top rejection read
Loss of 1.3380 reopens the 1.3358 session low
09:47 UTC
Range, grinding higher off the low · RSI 59 · price 1.33966
Consolidation under 1.3400 after NY drop and recovery.
Cable is grinding back toward the 1.3400 ceiling through the London session after yesterday's NY leg down to the 1.3358 swing low. Price has consolidated 1.3370-1.3395 and is now pressing the prior high, RSI mid-range with no extreme. Move sits ahead of US CPI, the dominant near-term driver.
Support: 1.3380, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
US CPI in ~3h (12:30 UTC) could materially shift this read
M15 close above 1.3415 invalidates the 1.3400 ceiling rejection read
Loss of 1.3380 recent low reopens the 1.3358 swing low
09:46 UTC
Recovering off lows, capped at 1.3400 · RSI 61 · price 1.33966
Range, grinding back to top.
Cable has clawed back from the 1.3358 swing low to retest the 1.3400 ceiling/200d EMA where it keeps stalling, RSI(14) firm near 61. Price is consolidating in the upper half of the 1.3358-1.3400 range into the London session, sitting right under repeated rejections at the figure.
Support: 1.3380, 1.3358
Resistance: 1.3400, 1.3411
What it said to watch
US CPI 12:30 UTC (~3h) is the dominant near-term driver and could break this range either way
M15 close above 1.3411 invalidates the range-top rejection read
GBPUSD is grinding sideways through the London session between 1.3380 and 1.3397 after the earlier sweep of the 1.3358 low, RSI(14) flat near 52. Price popped on the BRC retail beat but stalled under the 1.3400 / 200-day EMA ceiling, and momentum is muted into US CPI.
Support: 1.33808, 1.33582
Resistance: 1.33965, 1.3400
What it said to watch
US CPI in ~3h (12:30 UTC) could break this range either way
M15 close above 1.33965 reopens the 1.3400 ceiling
Early window tagged 1.3408 and faded to a 1.3358 swing low, then recovered and has consolidated 1.3380–1.3392 ahead of US CPI. Repeated rejections near 1.3400 (the digest's 200-day ceiling) keep the upside capped while higher lows hold.
Support: 1.3380, 1.33582
Resistance: 1.33965, 1.3400
What it said to watch
US CPI 12:30 UTC (~3h) is the dominant near-term driver and can break this range
M15 close above 1.3400 invalidates the capped read and opens session high reclaim
Failure to hold 1.3380 reopens the 1.3358 swing low
Consolidation between session low and the 1.3400 ceiling.
London session has GBPUSD coiling around 1.3380 after the morning rejection at the 200-day EMA / 1.3400 ceiling and the earlier flush into the 1.3358 session low. ATR has compressed to ~9 pips as the market sits on its hands ahead of US CPI (12:30 UTC), RSI(14) neutral near 46.
Support: 1.3368, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
US CPI at 12:30 UTC (~3h) is the dominant driver and can break this range either way
M15 close above 1.3400 (200-day ema) opens 1.3415/1.3475
Loss of 1.3358 session low exposes the 1.3300 floor
09:16 UTC
Ranging, no momentum · RSI 46 · price 1.33814
Consolidation under 1.3400 ceiling.
GBPUSD is consolidating around 1.3381 after an early-window pop to 1.34084 was rejected at the 200-day EMA near 1.3400 and faded to a 1.33582 low. Price has since chopped sideways into US CPI, with buyers defending 1.3368 and supply capping rallies below 1.3400.
Support: 1.3368, 1.33582
Resistance: 1.33965, 1.3400, 1.34084
What it said to watch
US CPI at 12:30 UTC is the dominant near-term driver and could break this range either way
Close above 1.34000 reopens 1.34084 and the 1.3415 ceiling
Failure to hold 1.33680 exposes the 1.33582 session low
09:02 UTC
Range-bound, no momentum · RSI 49 · price 1.33854
Consolidating mid-range after rejection at 1.3410.
GBPUSD rallied to 1.3410 in London hours, met a clean rejection at the 200-day EMA ceiling and faded to a 1.3358 swing low before recovering into a 1.3370-1.3396 range. Price now drifts mid-range near 1.3385, RSI flat around 49 — no setup in play ahead of US CPI.
Support: 1.3370, 1.3358
Resistance: 1.3396, 1.3410
What it said to watch
US CPI in ~4h (12:30 UTC) is the dominant near-term driver and can break this range either way
M15 close above 1.3396 reopens the 1.3410 ceiling test
Loss of 1.3370 puts the 1.3358 swing low back in play
09:01 UTC
Ranging, no clear direction · RSI 51 · price 1.33854
Consolidation in upper half of session range after morning flush.
GBPUSD flushed from 1.34106 to 1.33582 during London then clawed back into a 1.3379–1.3397 range, with the 200-day EMA / 1.3400 ceiling untouched on the recovery. RSI(14) neutral near 51, price pinned around EMA20 with no setup in play ahead of US CPI.
Support: 1.3379, 1.33685, 1.33582
Resistance: 1.3397, 1.3400, 1.34106
What it said to watch
US CPI in ~4h is the dominant driver — likely to break this range either way
Close above 1.33970 reopens the 1.3400 ceiling test
Loss of 1.33790 exposes the 1.33685 swing low
08:47 UTC
Recovered off lows, ranging · RSI 52 · price 1.33874
Consolidation under 1.3400 after bounce from 1.3358.
GBPUSD recovered off the 1.3358 London low and is now consolidating roughly 1.3382–1.3396, just under the 1.3400 200-day EMA ceiling that capped it earlier. RSI(14) is neutral near 52 with no momentum extreme. US CPI in ~4h is the dominant near-term driver and likely keeps price range-bound until the print.
Consolidation under the 1.3400 ceiling after a fade and rebound.
GBPUSD faded from 1.3410 near the 200-day EMA, flushed to 1.33582 where buyers stepped in, and has since ground back to 1.3387, holding the mid of that range. Price is coiling under the 1.3400 ceiling into the US CPI print, RSI(14) flat near 51.
Support: 1.3373, 1.33582, 1.3370
Resistance: 1.33965, 1.3400, 1.34106
What it said to watch
US CPI in ~4h is the dominant driver and could materially shift this read
M15 close above 1.34000 opens the path to 1.34106
Failure to hold 1.33730 exposes the 1.33582 low
08:32 UTC
Recovery off session low, capped under 1.3400 · RSI 54 · price 1.33891
Higher lows into resistance, broad range.
GBPUSD recovered from the 1.3358 swing low and built higher lows through the London session, but stalled at the 1.3397 session high under the 1.3400 / 200-day EMA ceiling. Price now coils near 1.3389 with RSI mid-range; the 200-day EMA continues to cap, consistent with the repeated rejections noted into US CPI.
Support: 1.3382, 1.3368, 1.3358
Resistance: 1.33969, 1.3400
What it said to watch
M15 close above 1.3400 invalidates the 200-ema cap and opens 1.3415
Loss of 1.3382 higher low exposes the session low at 1.3368
US CPI in ~6h is the dominant driver and could reset this read
London session has GBPUSD ranging 1.3365–1.3396 after a v-shaped recovery from the 1.3358 range low. RSI(14) sits neutral near 54 and price holds above EMA20/50, but the 1.34000 round number caps each push higher. US CPI in roughly 4h is the dominant near-term driver.
Support: 1.3382, 1.3368, 1.33582
Resistance: 1.33965, 1.3400, 1.34106
What it said to watch
M15 close above 1.34000 opens a retest of 1.34106 prior high
Loss of 1.33820 session low reopens 1.33680
US CPI in ~4h could materially shift this read
08:17 UTC
Rangebound, no clear bias · RSI 51 · price 1.33854
Choppy range between session high and low, price mid-range.
Cable is rangebound through the London session, drifting around 1.3385 after a rejection near the 1.3400 figure yesterday and a flush to 1.3358. Price has retraced about half the down-leg and now sits on EMA20 with RSI(14) flat near 51 — no directional structure in play. US CPI in ~4h is the dominant catalyst.
Support: 1.33773, 1.33582
Resistance: 1.33965, 1.34106
What it said to watch
US CPI at 12:30 UTC could materially shift this read
M15 close above 1.33965 opens the 1.3400 figure
Failure to hold 1.33773 reopens the 1.33582 session low
London session ranging below the 1.3400 figure after Cable tagged the 200-day EMA earlier and leaked back. Price recovered from the 1.3358 session low to 1.3396 but rejected the figure again, now drifting near 1.3385 with RSI flat around 52. US CPI in ~6h is the dominant catalyst into this range.
Support: 1.3370, 1.3358
Resistance: 1.3396, 1.3400
What it said to watch
US CPI at 12:30 UTC (~6h) could materially shift this read
M15 close above 1.3400 figure opens a retest of 1.3415
Failure to hold 1.3370 exposes the 1.3358 session low
Consolidation below the 1.3400 figure after a midday dip and recovery.
Cable is ranging 1.3358–1.3410, currently mid-range at 1.33884 and pinned below the 1.3400 figure / 200-day EMA that capped the earlier London push. RSI(14) near 58 is neutral; price recovered the 1.33582 dip and is drifting back toward session highs.
Support: 1.33824, 1.3375, 1.33582
Resistance: 1.33969, 1.3400, 1.34106
What it said to watch
M15 close above 1.3400 opens 1.3415 then 1.3475
Failure to hold 1.3375 exposes the 1.33582 session low
US CPI ~6h out is the dominant catalyst and could reset this read
Cable ground back up through London hours, posting higher lows off the 1.3358 range floor and tagging a session high near 1.3396 before easing to 1.33884. The 1.3400 round figure / 200-day EMA band remains the cap noted in the macro read, with US CPI due ~4.5h out the dominant catalyst.
Support: 1.33824, 1.3368, 1.33582
Resistance: 1.33965, 1.3400, 1.34106
What it said to watch
US CPI at 12:30 UTC could materially shift this read
M15 close above 1.34000 opens the 1.34106 prior high
Cable sold off to 1.3358 during NY hours yesterday, then ground higher through the Asian range and London open is pressing back toward the 1.3397 session high and the 1.3400 figure. Higher lows since the 1.3358 ny low, RSI(14) neutral near 54 with ATR around 7 pips.
Support: 1.33824, 1.33582
Resistance: 1.33969, 1.3400, 1.34106
What it said to watch
US CPI at 12:30 UTC (~5h) is the dominant catalyst and can override this read
Close above 1.3400 figure opens the prior high at 1.3411
Loss of 1.3382 swing low reopens the 1.3358 ny low
07:46 UTC
Range, mid-band drift · RSI 53 · price 1.33889
Ranging 1.3358–1.3410, capped at the figure.
Cable is ranging between 1.3358 and 1.3410, currently mid-band near 1.3389 after rejection at the 1.3400 figure (200-day EMA per context). RSI(14) neutral around 53; price reclaimed EMA20/50 on the recovery off the 1.3358 session low. US CPI in ~6h is the dominant catalyst into the next session.
Support: 1.3373, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
M15 close above 1.3400 figure clears the cap and opens the 1.3410 session high
Failure to hold 1.3373 swing low exposes the 1.3358 session low
Cable swept the session low at 1.3358 during the London-NY drop, then ground back up on a chain of higher lows and now sits just under the 1.3400 figure / 200-day EMA cap. RSI(14) near 57, neutral; price holding above EMA20/50. US CPI at 12:30 UTC is the dominant catalyst into the next bars.
Support: 1.33798, 1.33665, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
M15 close above 1.3400 figure, then 1.34106 session high, opens room toward 1.3415
Failure to hold 1.33798 swing low reopens 1.33665 prior low and 1.33582 session low
US CPI (12:30 UTC, ~5h) can override this intraday read
Cable sold off to a session low of 1.3358 mid-window then ground higher through the NY-Asia handover, now pressing the 1.3396/1.3400 cap — the 200-day EMA zone that capped the earlier 1.34106 high. Move is flow-driven into US CPI; price holding above near-term EMAs but the figure remains unbroken.
Support: 1.3380, 1.33582
Resistance: 1.33969, 1.3400, 1.34106
What it said to watch
US CPI in ~6h is the dominant driver and could reshape this read
M15 close above 1.3400 opens the path to 1.34106
Failure to hold 1.3380 reopens the 1.3358 session low
07:17 UTC
Recovery off lows, capped near 1.3400 · RSI 57 · price 1.33912
Range after a sweep low, grinding back to the top.
Cable swept the 1.3358 low during the London-NY session yesterday then recovered, now grinding back toward the 1.3400 figure / 200-day EMA that has repeatedly capped this week. RSI(14) neutral near 57, price holding above the 1.3380 pivot ahead of US CPI.
Support: 1.3380, 1.33582
Resistance: 1.3400, 1.34084
What it said to watch
US CPI in ~6h is the dominant catalyst and could break this range either way
Clean break above 1.3415 opens the path to 1.3475
Failure to hold 1.3358 swing low exposes 1.3300
07:16 UTC
Recovering off session low, capped under 1.3400 · RSI 57 · price 1.33912
Range with rising intraday lows.
Cable sold from 1.34106 to a session low of 1.33582 during the London-NY transition, then ground back up to the 1.339s on rising intraday lows. Price is pressing the 1.3400 figure / 200-day EMA cap that capped earlier; US CPI in ~6h is the dominant driver for the next leg.
Support: 1.3368, 1.33582, 1.3342
Resistance: 1.3400, 1.34106
What it said to watch
M15 close above 1.3400 reopens the 1.34106 session high
Loss of 1.3368 rising support exposes the 1.33582 session low
Cable rejected the 1.33969 range high into the London open and slipped back to 1.33804, holding a 1.3378–1.3397 consolidation through the Asian session. RSI(14) neutral near 47, ATR compressed — flow-driven chop with no directional break in play.
Support: 1.3378, 1.3368, 1.33582
Resistance: 1.33969, 1.34084, 1.3415
What it said to watch
M15 close above 1.33969 reopens 1.34084
Loss of 1.3378 exposes the 1.33680 swing low
US CPI 12:30 UTC drives the USD leg and could break this range
07:01 UTC
Range, mild pullback off session high · RSI 46 · price 1.33804
Consolidation in mid-1.33s after recovery from 1.3358.
London session faded the push to 1.33965, with cable slipping back to 1.33804 and RSI(14) cooling toward neutral. Price is consolidating mid-1.33s after recovering from the 1.3358 session low; move stays flow-driven into today's US CPI.
Support: 1.3371, 1.33582
Resistance: 1.33965, 1.34084
What it said to watch
US CPI 12:30 UTC could materially shift this read
M15 close above 1.33965 reopens 1.34084
Failure to hold 1.33710 exposes the 1.3358 session low
06:46 UTC
Recovering off session low, momentum building · RSI 61 · price 1.33935
Higher lows since 1.3358, pressing session highs.
Cable bottomed at 1.3358 during London hours and ground higher into Asia/early-London on a chain of higher lows, now retesting the session high at 1.3396. RSI(14) near 61 — firm but not stretched; gains are flow-driven ahead of US CPI rather than data-led.
Support: 1.33795, 1.3368, 1.33582
Resistance: 1.33969, 1.34085, 1.3415
What it said to watch
Close above 1.3396 opens the 1.3408 prior high, then the 1.3415 cap
Loss of 1.3380 breaks the higher-low chain
US CPI at 12:30 UTC (~6h) is the immediate USD-side catalyst and can reset this read
06:46 UTC
Recovery, higher lows building · RSI 61 · price 1.33935
Rising off 1.3358 low, testing range top.
Cable has ground out higher lows off the 1.3358 swing low and is now retesting the 1.3396 session high, with RSI(14) mid-60s and price holding above EMA20/50. Move is flow-led ahead of US CPI; the mid-1.33s consolidation per the digest still caps upside into 1.3408.
Support: 1.3380, 1.3358
Resistance: 1.3396, 1.3408, 1.3400
What it said to watch
Close above 1.3396 session high opens 1.3408 prior high then 1.34000 round number
Loss of 1.3380 micro low breaks the higher-low chain toward 1.3358 swing low
US CPI at 12:30 UTC could materially shift the USD leg of this read
06:32 UTC
Recovering, higher lows into session high · RSI 63 · price 1.33951
Range 1.3358-1.3410, price testing upper third.
Cable clawed back the post-selloff losses through the Asia session, stacking higher lows off 1.3358 and now retesting the session high near 1.3396 ahead of the London open. RSI(14) mid-60s, no extreme; broader range 1.3358-1.3410 still intact with US CPI in ~6h the dominant wildcard.
Support: 1.3380, 1.3358
Resistance: 1.3396, 1.3410
What it said to watch
Close above 1.3396 exposes the 1.3410 prior high; a break there opens 1.3415+
Failure to hold 1.3380 risks a retest of 1.3358 session low
US CPI at 12:30 UTC (~6h) could materially shift this read
06:32 UTC
Recovering, grinding higher into London · RSI 61 · price 1.33951
Higher lows off session low, retesting 1.3400.
Cable carved a session low at 1.3358 during the European pre-market then built a chain of higher lows, now grinding back to 1.3395 into the London open. RSI(14) near 61, price holding above both short EMAs; 1.3400 round number is the immediate area to watch for rejection or break.
Support: 1.3380, 1.3368, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
Close above 1.34000 reopens the 1.34106 session high
Loss of 1.3380 breaks the higher-low chain back toward 1.33582
US CPI 12:30 UTC is the dominant USD-side wildcard and can override this read
London session: cable swept the 1.3410 session high earlier and was rejected, dropping to 1.3358 before buyers stepped in to build a chain of higher lows back to the 1.3394 area. RSI(14) mid-60s with momentum constructive; price holding above EMA20/50 as it presses the 1.3395 recent high.
Support: 1.3380, 1.3358
Resistance: 1.3395, 1.3410
What it said to watch
Close above 1.3410 session high opens the path toward 1.3415/1.3475
Loss of 1.3380 higher low reopens the 1.3358 swing low
US CPI in ~6h (12:30 UTC) could materially shift this read
Higher lows since session low, pressing range top.
Cable based at the 1.3358 session low, then chopped in a 1.3370-1.3390 band before pushing higher into London hours, now probing toward the 1.3400 round number. RSI(14) firm near 63 with price holding above both EMAs; US CPI in ~6h is the cross-asset wildcard.
Support: 1.3380, 1.3368, 1.33582
Resistance: 1.3400, 1.34106
What it said to watch
Close above 1.3400 round number opens a retest of 1.34106 session high
Failure to hold 1.3380 recent low reopens 1.3368 and the 1.3358 session low
US CPI 12:30 UTC could materially shift this read
06:02 UTC
Recovery off the lows, grinding up · RSI 61 · price 1.33914
Range after a sweep of 1.3358, higher lows building.
Cable swept the 1.3358 swing low during the European session yesterday then recovered, and is grinding back toward the 1.3394 session high into the London open. RSI(14) near 61, ATR thin at ~6 pips; price holding above EMA20/50 as higher lows build.
Support: 1.3380, 1.3358, 1.3370
Resistance: 1.3394, 1.3410, 1.3415
What it said to watch
M15 close above 1.3394 opens a retest of the 1.3410 prior high
Failure to hold 1.3380 reopens the 1.3358 swing low
US CPI 12:30 UTC is the cross-asset wildcard and can override this read
06:01 UTC
Range, lifting off lows into London open · RSI 60 · price 1.33914
Intraday range 1.3358–1.3410, mid-upper.
London open is lifting cable off the 1.3380 base back toward the 1.3401/1.3410 resistance shelf, RSI mid-60s with room. Price has held inside the 1.3358–1.3410 range all session; recovery off 1.33582 is roughly a 0.618 retrace of the prior drop. US CPI at 12:30 UTC is the cross-asset wildcard for the next leg.
Support: 1.3368, 1.33582
Resistance: 1.3401, 1.34106
What it said to watch
M15 close above 1.3410 opens the path to 1.3475
Failure to hold 1.3368 reopens the 1.33582 swing low
US CPI 12:30 UTC could materially shift this read
05:47 UTC
Recovering within range · RSI 60 · price 1.33899
Ranging after pullback from 1.3410.
Quiet Asian session, cable drifting up toward the 1.33942 session high after recovering off the 1.33582 low left during the earlier slide from 1.3410. Price holding above EMA20/50 in a tight 1.3378–1.3394 range, RSI mid-60s with no extreme. US CPI at 12:30 UTC is the cross-asset wildcard.
Support: 1.3378, 1.3366, 1.33582
Resistance: 1.33942, 1.3401, 1.34106
What it said to watch
Close above 1.33942 opens 1.3401 then the 1.34106 intraday high
Failure to hold 1.3378 range floor reopens 1.3366 swing low
Cable sold off from 1.34084 into a 1.33582 session low yesterday, then carved a series of rising lows through the Asian session. Into the London open price is pressing the 1.33942 session high with RSI(14) near 60; recovery is intact but the range top is still capping.
Support: 1.3379, 1.33665, 1.33582
Resistance: 1.33942, 1.34084
What it said to watch
M15 close above 1.33942 opens the path back toward 1.34084
Loss of the 1.33790 range floor reopens 1.33665 and the 1.33582 session low
US CPI later today (12:30 UTC) is the cross-asset wildcard for this read
05:32 UTC
Ranging, no momentum · RSI 53 · price 1.33853
Consolidation mid-range after rejection.
Cable spiked to 1.34106 overnight then rejected, sliding to a session low at 1.3358 before recovering into a tight Asia-session range around the 1.3379 floor and 1.3390 top. RSI(14) neutral near 53, ATR ~5 pips — no setup in play.
Support: 1.3379, 1.33582
Resistance: 1.33905, 1.34106
What it said to watch
Break above 1.33905 range top reopens 1.34106 spike high
Loss of 1.33790 range floor exposes 1.33582 session low
US CPI at 12:30 UTC could materially shift this read
05:31 UTC
Recovered, now consolidating · RSI 56 · price 1.33853
Range in upper end after rebound off 1.3358.
Cable rebounded off the 1.3358 swing low and has consolidated 1.3368–1.3388 through the Asian session, holding sub-1.341 as USD trimmed gains into US CPI. Price sits mid-range at 1.3385, RSI(14) neutral near 56 with no momentum extreme.
Support: 1.3368, 1.33582
Resistance: 1.3388, 1.34084
What it said to watch
US CPI at 12:30 UTC is the cross-asset wildcard for this read
Close above 1.3388 session high opens 1.34084 prior high
Failure to hold 1.3368 session low re-exposes the 1.3358 swing low
05:17 UTC
Ranging, momentum flat · RSI 52 · price 1.33802
Asian-session range after NY selloff and recovery.
Cable is grinding a tight Asian-session range between the 1.3370 range floor and the 1.3390 range top after prior NY hours swept down to the 1.33582 swing low and recovered. RSI(14) sits neutral near 52 and ATR has compressed to ~5 pips; no setup in play into the London open.
Support: 1.3370, 1.33582
Resistance: 1.3390, 1.34084
What it said to watch
US CPI at 12:30 UTC is the dominant USD driver and can break this range either way
M15 close above 1.3390 range top opens a retest of the 1.34084 swing high
Loss of 1.3370 range floor exposes the 1.33582 swing low
Consolidating below prior session high after pullback.
Cable is ranging 1.3370–1.3390 through the Asian session after the NY pullback from the 1.34106 high, price hugging EMA20/50 with RSI(14) neutral near 51. Move into the mid-1.33s was risk-sentiment/USD-driven rather than UK data; structure is balanced into London open.
Support: 1.3370, 1.33582
Resistance: 1.33905, 1.34106
What it said to watch
M15 close above 1.3390 reopens the 1.34106 prior high
Loss of 1.3370 exposes the 1.33582 swing low
US CPI at 12:30 UTC is the cross-asset wildcard for this range
05:01 UTC
Range after intraday pullback · RSI 50 · price 1.33814
Consolidating mid-range, holding above swing low.
Cable sold off from the 1.3410 session high to 1.3358 during the London-NY hours, then recovered and is now ranging 1.3375-1.3390 into the Asia-London transition. Price is parked near the 50% retrace of that drop, RSI(14) neutral around 50 with no momentum either way.
Support: 1.3375, 1.33582
Resistance: 1.33905, 1.34106
What it said to watch
US CPI 12:30 UTC is the cross-asset wildcard and could break this range
M15 close above 1.3390 reopens the 1.3410 session high
Loss of 1.3375 exposes the 1.3358 swing low
05:01 UTC
Range after pullback from highs · RSI 51 · price 1.33814
Consolidating mid-range, sub-1.3390.
Cable pulled back from the 1.3410 session high to 1.3358 then settled into a 1.3368–1.3390 range through the quiet Asian hours, with RSI(14) flat near 51. Move up earlier was USD-softness/risk flow rather than UK data. No setup in play as price idles near EMA20.
Support: 1.3371, 1.33582
Resistance: 1.33905, 1.34106
What it said to watch
M15 close above 1.3390 reopens the 1.3410 session high
Loss of 1.3368 exposes the 1.3358 session low
US CPI 12:30 UTC could materially shift this read
04:47 UTC
Rangebound after London rejection · RSI 52 · price 1.33801
Consolidation between 1.3370–1.3389 post-selloff.
London high at 1.34106 was rejected and cable sold to 1.33582 before stabilising; Asia hours have ranged 1.3370–1.3389 on thin volume, RSI(14) flat near 52. Price sits mid-range at 1.33801, no setup in play.
Support: 1.3368, 1.33582, 1.3340
Resistance: 1.3389, 1.34106, 1.3415
What it said to watch
M15 close above 1.3389 reopens 1.34106; loss of 1.3368 retests the 1.33582 sweep low
US CPI at 12:30 UTC is the cross-asset catalyst that can break this range
UK GDP Fri 06:00 UTC is the GBP-side swing factor
04:47 UTC
Range, mild upward drift · RSI 52 · price 1.33801
Ranging after pullback from 1.3410 cap.
Cable rejected the 1.3410 area and has spent the Asian session grinding sideways between 1.3368 and 1.3390, last 1.3380 with RSI(14) neutral near 52. Move higher earlier was risk-sentiment/USD-soft driven rather than UK data; price is in development with no clear directional break.
Support: 1.3368, 1.33582
Resistance: 1.33905, 1.3400, 1.34106
What it said to watch
M15 close above 1.33905 reopens the 1.3400/1.3410 cap
Failure to hold 1.33680 exposes the 1.33582 session low
US CPI later today (12:30 UTC) is the cross-asset wildcard that can break this range
04:32 UTC
Recovered off lows, now flat · RSI 55 · price 1.33848
Consolidating in upper half of prior range.
Prior NY session pushed to 1.34106 then reversed hard to 1.33582 before buyers recovered the move into the 1.3385 area. Asia session is quiet and thin — price grinding sideways between the 1.33680 asia low and the 1.33905 recent high, holding above EMA20/50 with RSI(14) mid-range.
Support: 1.3368, 1.33582
Resistance: 1.33905, 1.34106
What it said to watch
Close above 1.33905 reopens the 1.34106 prior high
Failure to hold 1.33680 puts the 1.33582 swing low back in play
US CPI in ~8h (12:30 UTC) is the dominant USD catalyst and can break this range
04:31 UTC
Range after NY pullback · RSI 54 · price 1.33848
Ranging mid prior swing, 50% retrace.
Cable spiked to the session high at 1.3410 during NY June 9, then sold off to 1.3358 before recovering. Asia is now ranging 1.3372–1.3390, with price parked near the 50% retrace of the NY selloff at 1.3384 on thin volume.
Support: 1.3372, 1.3358
Resistance: 1.3390, 1.3410
What it said to watch
US CPI at 12:30 UTC (~8h) is the dominant USD catalyst and could break this range either way
Close above 1.3390 reopens the 1.3410 session high
Loss of 1.3372 puts the 1.3358 NY low back in play
04:17 UTC
Rangebound after NY pullback · RSI 55 · price 1.33835
Consolidating above session lows.
Cable rallied to 1.3410 in the NY session then sold back to 1.3358 as the move unwound; price has since coiled in a tight 1.3368-1.3390 band through the quiet Asia session, USD soft on risk. RSI(14) flat near 55, ATR thin at ~8 pips — no directional development.
Support: 1.3368, 1.33582
Resistance: 1.33905, 1.34106
What it said to watch
M15 close above 1.3390 reopens the 1.3410 session high
Loss of 1.3368 puts the 1.3358 swing low back in play
US CPI in ~8h (12:30 UTC) could break this range
04:16 UTC
Range, drifting sideways · RSI 53 · price 1.33835
Consolidation after London peak rejection.
Cable spiked to 1.3411 then was rejected, sweeping down to 1.3358 before recovering to sit mid-range near 1.3384. Asian session is quiet and thin, consolidating 1.3373-1.3390 with RSI neutral around 53.
Support: 1.3373, 1.33582
Resistance: 1.33905, 1.34106
What it said to watch
US CPI at 12:30 UTC (~8h) could materially shift this read
M15 close above 1.3390 reopens the 1.3411 range top
Loss of 1.3373 exposes the 1.3358 swing low
04:02 UTC
Range, grinding back toward top · RSI 59 · price 1.3388
Intraday range 1.3358-1.3390 after pullback from 1.3410.
London/NY dragged Cable off the 1.3410 high down to 1.3358 before a recovery; the quiet Asia session has ranged 1.3370-1.3390, now testing the top near 1.3388 with RSI(14) mid-range. Move into 1.3390 sits at the 61.8% retrace of the prior drop — area to watch for rejection or break.
Support: 1.3370, 1.3358, 1.3340
Resistance: 1.3390, 1.3400, 1.3410
What it said to watch
M15 close above 1.3390 opens the path back to 1.3400/1.3410
Failure to hold 1.3358 confirms a lower low
UK GDP Fri 06:00 UTC is the week's catalyst, beyond next bar period
04:01 UTC
Recovery off lows, range-bound · RSI 58 · price 1.3388
Consolidation between 1.3358 and 1.3390.
Cable sold off from the 1.3410 swing high to a 1.3358 swing low, then ground back up through the Asia session toward the 1.3390 session high, in line with the softer-USD risk-driven bid. RSI mid-range near 58; price holding above EMA20/50, consolidating just under 1.3390.
Support: 1.3370, 1.3358
Resistance: 1.3390, 1.3400, 1.3410
What it said to watch
M15 close above 1.3390 opens the path to 1.3400/1.3410
Cable rejected the 1.3410 NY-session high and bled back to 1.3358 before stabilising; the Asian session is now grinding in a tight 1.3368-1.3388 box on thin flow. The earlier lift toward 1.3390 was risk/USD-driven (DXY slipping off 100.00), not data — recent micro-swings show buyers reclaiming 1.3380.
Support: 1.3368, 1.33582
Resistance: 1.3388, 1.34106
What it said to watch
M15 close above 1.3388 reopens the 1.3410 NY high
Loss of 1.3368 reinstates the pull toward 1.3358 session low
US CPI at 12:30 UTC could materially shift this read
Cable is grinding sideways in a tight 1.3368–1.3388 band through Asia hours after the NY pullback from 1.3410 down to 1.3358. ATR has compressed to ~7 pips and RSI sits mid-range near 54; no setup in play.
Support: 1.3368, 1.3358
Resistance: 1.3388, 1.3408
What it said to watch
M15 close above 1.3388 reopens the path to 1.3408
Loss of 1.3368 exposes the 1.3358 session low
US CPI at 12:30 UTC could materially shift this read
03:32 UTC
Recovering off lows, consolidating · RSI 56 · price 1.33841
Range after sell-off, higher lows forming.
Cable sold off from the session high at 1.34106 to 1.33582 through the London-NY hours, then clawed back and is grinding inside a 1.3375-1.3388 range with a chain of higher lows into the Asia session. RSI(14) neutral near 56; price holding above EMA20/50 as it presses the range top.
Support: 1.3375, 1.33582
Resistance: 1.3388, 1.34106
What it said to watch
M15 close above 1.3388 opens a retest of 1.34106
Failure to hold 1.3375 exposes the 1.3358 session low
US CPI later today could materially shift this read
03:32 UTC
Recovering, now ranging · RSI 54 · price 1.33841
Consolidation after NY pullback.
Cable rebounded off the 1.3358 session low and is consolidating in a tight 1.3368–1.3388 band through the quiet Asia session, sitting near the 50% retrace of the NY selloff from 1.3410. RSI(14) neutral near 54, ATR(14) compressed to ~7 pips reflecting the thin Asian range.
Support: 1.3368, 1.3358
Resistance: 1.3388, 1.3410
What it said to watch
M15 close above 1.3388 reopens the 1.3410 day high
Loss of 1.3368 risks a retest of the 1.3358 session low
US CPI 12:30 UTC could break this Asian range
03:17 UTC
Recovery off lows, range-bound · RSI 56 · price 1.33855
Ranging after pullback from 1.3408.
Cable recovered off the 1.3358 session low — carved during NY hours on the USD bid — and is grinding back toward the 1.3389 range top in thin Asia trade. RSI(14) neutral near 56, price holding above EMA20/50; the 1.3400 round number and 1.3408 session high cap overhead.
Support: 1.33665, 1.33582
Resistance: 1.3389, 1.3400, 1.34084
What it said to watch
M15 close above 1.3389 range top opens 1.3400 / 1.3408
Loss of 1.3365 swing low re-exposes the 1.3358 session low
US CPI 12:30 UTC is the next major catalyst that could reshape this read
03:17 UTC
Recovery off session low, drifting up · RSI 56 · price 1.33855
Range after NY sell-off, holding higher lows.
London push to 1.34080 was rejected and the NY session sold back to 1.33582 before buyers recovered. Asia hours are now tight, ranging 1.33680–1.33880 with price drifting back to the range top on a soft USD; ATR(14) ~6 pips reflects the quiet conditions.
Support: 1.3368, 1.33582
Resistance: 1.3388, 1.3408
What it said to watch
M15 close above 1.33880 reopens the path to 1.34080 session high
Loss of 1.33680 puts the 1.33582 session low back in play
US CPI at 12:30 UTC (~9h) could materially shift this read
03:01 UTC
Pulled back from highs, now ranging · RSI 52 · price 1.33793
Tight Asian-session range under prior NY high.
Cable rejected the 1.3410 prior high during the NY session and slid to 1.3358 before settling into a thin Asian-session range around 1.3370-1.3382 on softer USD/risk-on flows. RSI(14) is neutral near 52 and ATR has compressed to ~9 pips as Asia trades quietly. US CPI at 12:30 UTC is the dominant near-term risk.
Support: 1.3368, 1.3358
Resistance: 1.3382, 1.3410
What it said to watch
M15 close above 1.3382 reopens the 1.3410 prior high
Loss of 1.3368 range low exposes the 1.3358 swing low
US CPI 12:30 UTC could break the Asian range either way
03:01 UTC
Sideways after intraday pullback · RSI 51 · price 1.33793
Range-bound, holding mid of prior decline.
Cable rejected the 1.3410 high in the London-NY window and bled back to 1.3358 before stabilising; the last several hours have ranged 1.3368-1.3382 through the quiet Asia session. Price sits mid-range near 1.3379 with RSI flat around 51 and ATR cooling to ~22 pips.
Support: 1.3368, 1.33582
Resistance: 1.3382, 1.34106
What it said to watch
M15 close above 1.3382 reopens 1.3410 prior high
Loss of 1.3368 session low exposes 1.3358 swing low
US CPI at 12:30 UTC can materially shift this range read
02:47 UTC
Range-bound, drifting up · RSI 57 · price 1.3382
Consolidation after NY pullback.
Cable rejected 1.3408 during NY hours and slid to 1.3358 before stabilising; the Asia session has been quiet, grinding back up toward 1.3388 with ATR thin near 7 pips. Price now sits at 1.3382, roughly the 50% retrace of the 1.3408-1.3358 leg, still inside the 1.3368-1.3388 range.
Support: 1.3368, 1.3358
Resistance: 1.3388, 1.3408
What it said to watch
M15 close above 1.3388 reopens 1.3408 prior high
Loss of 1.3368 range low exposes the 1.3358 swing low
US CPI 12:30 UTC could materially shift this read
02:47 UTC
Uptrend faded, now ranging · RSI 53 · price 1.3382
Consolidation after rejection off 1.3410.
Cable pushed to a session high near 1.3410 during the London-NY window before a rejection dragged it to 1.3358; price has since stabilised and is ranging 1.3368-1.3390 through the quiet Asia session. RSI(14) back near 53 after cooling, ATR thin at ~7 pips with low Asian volume.
Support: 1.3368, 1.3358, 1.3340
Resistance: 1.3390, 1.3410
What it said to watch
M15 close above 1.3390 reopens the path to 1.3410
Loss of 1.3368 puts the 1.3358 swing low back in play
US CPI 12:30 UTC could materially shift this read
02:32 UTC
Range after pullback, flat · RSI 56 · price 1.33814
Asia session is quiet and rangebound; Cable recovered the day low at 1.33582 and is now pressing the recent high near 1.33820 on thin volume. RSI(14) is neutral around 56 and price sits between EMA20 and EMA50 — no clean intraday momentum in either direction.
Support: 1.3368, 1.33582, 1.3350
Resistance: 1.3382, 1.3390, 1.34106
What it said to watch
US CPI at 12:30 UTC is the dominant near-term risk and can reset this range
M15 close above 1.33820 opens the path back toward 1.33900/1.34106
Loss of 1.33680 puts the 1.33582 day low back in focus
02:32 UTC
Sideways after NY pullback · RSI 54 · price 1.33814
Consolidation inside 1.3368–1.3382.
Cable is consolidating 1.3368–1.3382 in the Asia session after the NY pullback off the 1.34106 session high. Buyers defended the 1.3368 floor repeatedly; last few bars nudged back toward the range top at 1.3382.
Support: 1.3368, 1.33582
Resistance: 1.3382, 1.34106
What it said to watch
US CPI at 12:30 UTC could materially shift this read
M15 close above 1.3382 reopens 1.3410 session high
Cable faded from the 1.3410 session high through the London-NY session and has spent the Asia session consolidating in a tight 1.3368-1.3380 band, RSI(14) flat near 49. ATR sits around 6 pips — quiet, no directional setup in play. The move reflects a softer USD on eased safe-haven flows rather than any GBP driver.
Support: 1.3368, 1.3358, 1.3300
Resistance: 1.3380, 1.3390, 1.3410
What it said to watch
M15 close above 1.3390 reopens 1.3410 session high
Loss of 1.3368 exposes the 1.3358 swing low
US CPI 12:30 UTC could break the current range read
02:17 UTC
Range after pullback from session high · RSI 49 · price 1.3377
Consolidating mid-1.337s, prior NY top capped at 1.3408.
Cable topped at 1.3408 during the NY session then pulled back to 1.3358 before stabilising; price now ranges mid-1.337s into Asia hours with RSI(14) flat near 49 and ATR compressed to ~7 pips. Move is USD-driven — softer dollar from the easing safe-haven bid lifted the pair off lows. Sitting near the 38.2% retrace of the 1.3408–1.3358 leg, no clean intraday direction.
Support: 1.3368, 1.33582, 1.3300
Resistance: 1.33885, 1.3409
What it said to watch
US CPI 12:30 UTC is the dominant risk for the next sessions and can override this range
Close above 1.33885 reopens the 1.3390/1.3410 resistance band
Break of 1.3358 swing low exposes the 1.3300 pivot
02:02 UTC
Pullback stalling into range · RSI 49 · price 1.3375
Consolidation under prior swing high after rejection at 1.3410.
Cable rallied to a 1.3410 session high during London-NY on a softer USD, then rejected and faded to 1.3358 before stabilising. Asia hours are quiet and rangebound between 1.3368 and 1.3380, ATR compressed to ~6 pips with RSI flat near 49 — no setup in play.
Support: 1.3368, 1.3358, 1.3300
Resistance: 1.3380, 1.3390, 1.3410
What it said to watch
M15 close above 1.3380 reopens 1.3390/1.3410 resistance
Loss of 1.3368 puts the 1.3358 swing low back in focus
US CPI 12:30 UTC could materially shift this read
02:02 UTC
Pullback from session high, now flat · RSI 47 · price 1.3375
Consolidation after lower high.
Cable rolled over from a 1.3410 session high during NY and bottomed at 1.3358, retracing ~61.8% to 1.3390 before fading. Asia session is tight, coiling 1.3368-1.3380 with RSI(14) mid-range and price pinned to EMA20.
Support: 1.3368, 1.3358, 1.3300
Resistance: 1.3380, 1.3390, 1.3410
What it said to watch
Close below 1.3358 confirms a lower low and reopens the 1.3300 pivot
Reclaim of 1.3390 invalidates the lower-high read
US CPI at 12:30 UTC can break this Asian range either way
01:47 UTC
Pullback off highs, ranging · RSI 49 · price 1.33761
Lower highs since 1.3410, mid-1.337s consolidation.
Cable peaked at 1.3410 during NY hours on a USD-driven move (Iran ceasefire then late risk-off reversal) before unwinding to 1.3358 and bouncing. Asia session is quiet and rangebound between 1.3368 and 1.3380, RSI flat near 49, price hovering on its EMA20.
Support: 1.3368, 1.3358
Resistance: 1.3380, 1.3390, 1.3410
What it said to watch
M15 close above 1.3380 reopens 1.3390/1.3410
Break below 1.3368 exposes the 1.3358 swing low
US May CPI at 12:30 UTC could break the Asian range
01:47 UTC
Pullback from highs, now ranging · RSI 51 · price 1.33761
Rejection at 1.3410, consolidating in lower half.
NY session drove Cable to 1.3410 then reversed ~50 pips on the late USD safe-haven bid, leaving a clear rejection. Asia session is now consolidating tight between the asia low at 1.3368 and the range top at 1.3380, RSI flat near 50.
Support: 1.3368, 1.33582
Resistance: 1.3380, 1.3389
What it said to watch
Close above 1.3380 range top reopens 1.3389 swing high
Loss of 1.3368 asia low exposes the 1.3358 ny low
UK April GDP Fri 06:00 UTC could materially shift this read
Consolidating mid-range after rejection from 1.3410.
London/NY drove Cable to 1.3410 before a rejection dragged it back to the 1.33582 swing low. Asian session is now quiet, consolidating 1.3368–1.3380 with RSI flat near 45 and price pinned to EMA20.
Support: 1.3368, 1.33582, 1.3300
Resistance: 1.3380, 1.3406, 1.34106
What it said to watch
M15 close above 1.3380 reopens the 1.3406/1.34106 prior highs
Loss of 1.3368 exposes the 1.33582 swing low
US CPI ~11h out could break this Asian consolidation
01:31 UTC
Pullback fading, now ranging · RSI 44 · price 1.33736
Consolidation under prior high after intraday selloff.
Cable faded from yesterday's 1.34106 prior high during NY hours and has spent the Asia session ranging between the session low near 1.33680 and session high near 1.33800. USD firmed on renewed Iran risk-off; RSI(14) mid-40s with ATR thin in low-liquidity hours.
Support: 1.3368, 1.33582
Resistance: 1.3380, 1.34106
What it said to watch
Break of 1.33680 session low opens 1.33582 swing low
Close above 1.33800 session high reopens 1.34106 prior high
UK April GDP Fri 06:00 UTC could materially shift this read
01:17 UTC
Pullback stalling, now ranging · RSI 51 · price 1.33755
Consolidation under recent swing high after decline from session top.
Cable rejected the 1.34106 session high mid-window and slid to 1.33582 before stabilising; price now grinds sideways in the mid-1.337s through the Asia session, RSI(14) flat near 50. Sits at EMA20 but below EMA50, with the recent move USD-driven on Iran headlines rather than GBP strength.
Support: 1.3366, 1.33582
Resistance: 1.3380, 1.34106
What it said to watch
M15 close below 1.33582 confirms a lower low
Reclaim of 1.33800 range top reopens 1.34106
UK April GDP Fri 06:00 UTC could break this consolidation
01:16 UTC
Pullback, now ranging · RSI 50 · price 1.33755
Range after rejection from 1.3410.
Cable pushed to a session high of 1.3410 then reversed to 1.33582 as a renewed USD safe-haven bid (Iran/Strait of Hormuz escalation) capped the move. Since the low it has settled into a 1.3368-1.3380 range through thin Asia hours, RSI(14) flat near 50.
Support: 1.3368, 1.33582
Resistance: 1.3380, 1.3390, 1.34106
What it said to watch
Close above 1.3380 reopens 1.3390 then the 1.3410 session high
Break below 1.3368 exposes the 1.33582 swing low
UK April GDP Fri 06:00 UTC could shift this read
01:02 UTC
Pullback off highs, now ranging · RSI 51 · price 1.33789
Consolidation mid-range after rejection at 1.3410.
GBPUSD pushed to a session high of 1.34106 during the NY session before getting rejected back to 1.33582; the USD-driven leg faded as Iran risk-off revived a dollar bid. Asia hours are quiet and low-volume, with price consolidating around 1.3378 between the 1.3368 session low and 1.3390 prior high.
Support: 1.3368, 1.33582
Resistance: 1.3390, 1.34106
What it said to watch
Loss of 1.33680 reopens the 1.33582 swing low
Reclaim of 1.33900 puts the 1.34106 session high back in play
UK April GDP Fri 06:00 UTC and the 1.3300 pivot are the larger structural risks
01:01 UTC
Sideways after NY pullback · RSI 53 · price 1.33789
Asia range, holding above swing low.
Cable rejected 1.3410 in the NY session and slid to 1.33582 before recovering; Asia is now ranging quietly between 1.3366 and 1.3380 on thin volume. Price sits mid-range, above EMA20 but capped under EMA50, no setup in play.
Support: 1.3366, 1.33582, 1.3300
Resistance: 1.3390, 1.34106
What it said to watch
M15 close above 1.3390 reopens the 1.34106 ny high
Loss of 1.33582 swing low confirms a lower low toward 1.3300
UK April GDP Fri 06:00 UTC is the next directional driver
00:47 UTC
Uptrend faded, now ranging · RSI 46 · price 1.33701
Rally to 1.3408 then lower highs, mid-1.337s balance.
London-NY drove Cable to 1.3408 before a USD-led reversal (helicopter/Strait of Hormuz risk-off) dragged it to 1.3358, with a recovery stalling under 1.3390. Quiet Asia hours now have price balancing 1.3368-1.3378, RSI neutral near 46.
Support: 1.3368, 1.3358, 1.3300
Resistance: 1.3378, 1.3390, 1.3408
What it said to watch
Break below 1.3358 swing low reopens 1.3300 pivot
Reclaim of 1.3390 lower high needed to challenge the 1.3408 day high
UK April GDP Fri 06:00 UTC could break the mid-1.337s balance
00:46 UTC
Uptrend faded, now consolidating · RSI 46 · price 1.33701
Range after pullback off session high.
Cable rallied through London to a session high of 1.34084 before fading, the move USD-driven on Iran-Israel ceasefire headlines per the digest. Now drifting in the mid-1.337s into the Asia session, holding below EMA20/50 with RSI(14) neutral near 46; 1.33658 has capped the downside so far.
Support: 1.33658, 1.33582
Resistance: 1.33888, 1.34084
What it said to watch
Break below 1.33582 confirms a lower-low and opens room toward the 1.3300 pivot
M15 close above 1.33888 reopens the path to 1.34084
UK April GDP Fri 06:00 UTC is the next scheduled risk for this pair
00:32 UTC
Pullback off NY high, now flat · RSI 50 · price 1.33776
Consolidating after lower high.
NY session pushed to 1.3408 then sold back to a 1.3358 swing low before stabilising; Cable now drifts in a tight 1.3366–1.3380 band through the quiet Asia session. The lift toward mid-1.337s is USD-driven on ceasefire-then-reversal headlines rather than GBP strength, with RSI(14) flat near 50 and ATR thin at ~7 pips.
Support: 1.3366, 1.3358
Resistance: 1.3380, 1.3390, 1.3408
What it said to watch
Close above 1.3390 prior high reopens the 1.3408 day high
Loss of 1.3366 session low exposes the 1.3358 swing low
UK April GDP Fri 06:00 UTC is the next major catalyst for this read
00:32 UTC
Pullback from session high, now consolidating · RSI 51 · price 1.33776
Range-bound after lower high off 1.3410.
Cable peaked at 1.3410 during the London-NY session then sold off to 1.3358 before recovering; the move was USD-driven on shifting Iran-Israel safe-haven flows rather than GBP strength. Price is now stalling in a tight 1.3366-1.3380 band through the quiet Asian session, RSI neutral near 51 and ATR compressed to ~6 pips.
Support: 1.3366, 1.33582, 1.3350
Resistance: 1.33805, 1.33905, 1.34106
What it said to watch
Break above 1.3380 range top opens 1.3390 then 1.3410
Loss of 1.3366 session low exposes the 1.3358 swing low
US May CPI at 12:30 UTC could materially shift this read
Earlier push to 1.3410 on USD softness faded into rejection, and Cable has since drifted back to the mid-1.337s on thin Asia-session volume. Price now coils between recent low 1.3366 and session high 1.3389, sitting just under both EMAs with RSI flat near 45 — no setup in play.
Support: 1.3366, 1.33582
Resistance: 1.3389, 1.34084
What it said to watch
Loss of 1.3366 exposes the session low at 1.3358
Close above 1.3389 reopens the path toward prior high 1.3410
UK April GDP Fri 06:00 UTC could materially shift this read
00:17 UTC
Downtrend, now consolidating · RSI 45 · price 1.33756
Lower highs off 1.3411, range-bound in Asia.
The London-NY push to 1.3411 was rejected and faded back to the mid-1.337s, leaving a chain of lower highs. Asia session is now grinding in a tight, low-volume range above the 1.33658 session low, with RSI hovering mid-range.
Support: 1.33658, 1.33582
Resistance: 1.33888, 1.34106
What it said to watch
M15 close below 1.33658 opens the 1.33582 swing low
Reclaim of 1.33888 negates the soft consolidation read
NY session pushed to 1.34106 then rejected, selling off to a 1.33582 session low before a bounce to 1.33888. Price is now grinding lower through a quiet Asia session around 1.337, RSI(14) mid-range and below both EMAs.
Support: 1.33658, 1.33582
Resistance: 1.33888, 1.34106
What it said to watch
M15 close below 1.33582 confirms a lower low and opens the 1.3300 pivot
reclaim of 1.33888 reopens the 1.34106 day high
US CPI Wed could materially shift this read
00:02 UTC
Pullback from session high, now flat · RSI 44 · price 1.33706
Lower high after 1.3410 peak, consolidating in Asia.
NY pushed Cable to a 1.3410 high before a clean rejection sold it back to a 1.3358 session low, then a bounce to 1.3390. Price is now drifting in the low-volume Asia session around 1.337, capped below the 1.3380 range top and sitting on the 50% retrace of the earlier rally — GBP leaning soft into Friday's UK GDP.
Support: 1.3366, 1.33582
Resistance: 1.3380, 1.33905, 1.34106
What it said to watch
Sustained break below 1.3366 asia low opens 1.3358 session low
Close back above 1.3380 range top reasserts the bounce toward 1.3390
UK April GDP Fri 06:00 UTC could materially shift this read