GBP/USD AI Live Scan, daily chart, Wednesday, 10 June 2026
Every read JAFX AI made on the GBP/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:32 UTC
Lower over recent weeks, near support · RSI 42 · price 1.33697
Lower highs since the May peak.
Cable has rolled over since the early-May peak at 1.3635, carving lower highs and slicing below the 200-EMA/1.3410 ceiling on the back of a firmer dollar after the big NFP beat and an in-line US CPI. Price stabilised near the 1.3300 pivot this week, posting a three-week low around 1.3332 before a modest bounce to 1.3370. With price below both the EMA20 and EMA50, the recent weekly cadence is lower-high, lower-low.
Support: 1.3300, 1.3240, 1.3160
Resistance: 1.3410, 1.3475, 1.3635
What it said to watch
A daily close above 1.3410 200-ema would neutralise the lower-high sequence and open 1.3475
Failure to hold the 1.3300 pivot exposes 1.3240 swing low then 1.3160 support
US PPI Thu and UK GDP Fri are the dominant near-term catalysts for this read
22:32 UTC
Downtrend, lower highs since May · RSI 45 · price 1.33697
Rejected at 200-ema, pressing into 3-week low.
Cable rolled over from the early-May 1.3653 high and has carved a chain of lower highs, slicing through the 200-EMA near 1.3410 last week to hit a three-week low around 1.3306. The move has been USD-led, with a blowout NFP and in-line-but-sticky US CPI firming Fed-hike pricing while Sterling's carry advantage goes unrewarded. Price sits below both EMAs with the 1.3410 ceiling now acting as resistance after repeated rejections.
Support: 1.3300, 1.3240, 1.3160
Resistance: 1.3410, 1.3475, 1.3653
What it said to watch
Daily close above 1.3410 (200-ema) reclaims the level and opens 1.3475
Failure to hold 1.3300 pivot confirms continuation toward 1.3240
UK GDP Fri (f/c -0.1%) and US PPI Thu are the next catalysts for the USD leg
21:02 UTC
Broad range, rolling over from April highs · RSI 43 · price 1.33697
Broke below 1.3410 last week, capped by lower highs.
GBPUSD has held a four-month range between roughly 1.3160 and 1.3660, recovering off the late-February low into the early-April high before rolling over through May. Sterling sliced below the 200-day EMA/1.3410 ceiling last week and printed a three-week low near 1.3330 as the dollar firmed on the in-line CPI and prior NFP beat. Price is now consolidating just under 1.3410, which has repeatedly rejected on a weekly cadence.
Support: 1.3300, 1.3240, 1.3210
Resistance: 1.3410, 1.3475
What it said to watch
Daily close back above 1.3410 negates the rejection and opens 1.3475
Failure to hold the 1.3300 pivot confirms continuation toward the 1.3240/1.3210 swing lows
US PPI Thu and UK GDP Fri could materially shift this read
Lower high off 1.3658, back below 200-EMA at 1.3410.
GBPUSD has spent the last four months oscillating in a wide 1.3160–1.3660 band, and the past fortnight has resolved lower: Friday's slice through the 200-EMA near 1.3410 left a three-week low around 1.3330 before this week's stabilisation toward 1.3370. Price sits below both EMA20 and EMA50, with the recovery high at 1.3658 (late April) now standing as a clear lower high. With US CPI landing in line and keeping the dollar firm, the 1.3410 ceiling has capped repeated weekly attempts higher.
Support: 1.3330, 1.3300, 1.3240
Resistance: 1.3410, 1.3475
What it said to watch
Daily close back above 1.3410 (200-EMA) would neutralise the lower-high read and expose 1.3475
Failure to hold 1.3330 confirms continuation toward 1.3240
UK GDP Fri 06:00 GMT (f/c -0.1% MoM) and US PPI Thu could materially shift this read
Cable has spent the last several months trapped in a broad 1.3160–1.3660 range, and over the past three weeks has rotated lower off the early-May high, printing a chain of lower highs into the 200-EMA at 1.3410. Last week's slide through the 200-DMA dragged price to a three-week low near 1.3300, where it has stabilised, with the move largely USD-led after the firm NFP and in-line US CPI. Price sits below both EMA20 and EMA50, leaving 1.3300 as the pivot defending the range floor.
Support: 1.3300, 1.3240, 1.3160
Resistance: 1.3410, 1.3475
What it said to watch
Daily close below 1.3300 confirms a lower low, opening 1.3240
Repeated rejections at the 200-EMA/1.3410 cap the recovery; a clean break exposes 1.3475
US PPI Thu and UK GDP Fri are near-term catalysts that could reset this read
Cable has churned in a broad 1.3170-1.3660 range for roughly four months, with twin rejections near 1.365 in February and May forming a double top. Price sliced through the 200-DMA/1.3410 ceiling on Friday and is now testing the 1.3300 pivot, sitting below both EMA20 and EMA50 after the USD firmed on sticky in-line CPI. The recovery off the late-March 1.317 low has unwound to its deeper retracement zone.
Support: 1.3300, 1.3240, 1.31736
Resistance: 1.3410, 1.3658
What it said to watch
D1 close back above 1.3410 (200-DMA) would invalidate the breakdown read
Failure to hold 1.3300 opens 1.3240 then 1.317 range low
US PPI Thu and UK GDP Fri could materially shift this read