GBP/USD AI Live Scan, 4-hour chart, Friday, 10 July 2026
Every read JAFX AI made on the GBP/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
17:02 UTC
Uptrend, stalling into resistance · RSI 61 · price 1.34207
Higher lows since mid-June washout, capped near 1.3445.
Higher-low structure intact since the mid-June washout near 1.3140, with cable reclaiming ground above 1.3400 on a soft USD into CPI and firmer GBP. Price is pressing the 1.3445 area (200-day EMA cap flagged in the digest) after repeated stalls, and momentum sits mid-range rather than overbought. ATR(14) near 30 pips shows steady, not expanding, range as price grinds toward the cap.
Support: 1.3390, 1.3360, 1.3300
Resistance: 1.3445, 1.3475
What it said to watch
H4 close above 1.3445 opens the path toward 1.3475
Failure to hold 1.3390 confirms a lower-high and shifts focus to 1.3360
BoE Bailey (Mon 20:00 UTC) and US CPI (Tue 12:30 UTC) could materially shift this read
17:02 UTC
Uptrend, stalling at resistance · RSI 60 · price 1.34207
Higher highs and higher lows since mid-June low.
Cable has built a clean higher-low sequence since the mid-June washout near 1.3140, reclaiming ground on a soft dollar after less-hawkish FOMC minutes and Iran de-escalation. Price is now pressing the 200-day EMA cluster around 1.3445/1.3450 where multiple attempts have stalled. EMA20 and EMA50 both track below price, keeping the swing structure constructive while momentum flattens into resistance.
Support: 1.3390, 1.3360, 1.3300
Resistance: 1.3450, 1.3480
What it said to watch
Daily close above 1.3450 invalidates the resistance cap and opens 1.3480
Failure to hold 1.3390 breaks the higher-low structure toward 1.3360
BoE Bailey (Mon 20:00 UTC) and US CPI (Tue) could materially shift this read
13:02 UTC
Uptrend, momentum steady · RSI 61 · price 1.3426
Higher highs and higher lows since mid-June low.
Cable has built a clean higher-high, higher-low sequence off the mid-June 1.3140 low and cleared the 200-day EMA near 1.3400, which now acts as a pivot after capping price all week on the back of hawkish BoE repricing and a softer USD. Price is pressing the 1.3445 major resistance with the week high at 1.3452; ATR remains moderate, consistent with a controlled grind rather than a blow-off. A close above 1.3452 would open the path toward 1.3480.
Support: 1.3400, 1.3360
Resistance: 1.3445, 1.3452, 1.3480
What it said to watch
H4 close above 1.3452 opens the path to 1.3480
Failure to hold 1.3400 (200d ema) neutralises the breakout read
BoE Bailey (Tue 20:00 UTC) is a high-impact catalyst that could reshape this read
US CPI (Tue 12:30 UTC) could materially move USD leg
13:02 UTC
Uptrend, extending off June low · RSI 61 · price 1.3426
Higher highs, higher lows since 1.3140.
Cable has carved a clean higher-low sequence since the mid-June 1.3140 base and cleared the 1.3400 area, with the broad GBP bid and softer USD (post-FOMC minutes) behind the recovery. Price now stalls just under the 1.3445 major cap after tagging 1.3452, with EMA20 and EMA50 stacked below price confirming trend intact. ATR(14) is steady, showing controlled trend extension rather than a compression squeeze.
Support: 1.3390, 1.3360, 1.3322
Resistance: 1.3445, 1.3452, 1.3480
What it said to watch
H4 close above 1.3445 opens the path to 1.3480
Failure to hold 1.3390 threatens the higher-low structure toward 1.3360
BoE Bailey speech (Tue 20:00 UTC) could materially shift this read
Higher highs and higher lows since mid-window low.
Cable has carved a clean higher-low sequence off the 1.3141 low, reclaiming both EMAs and printing 3-week highs near 1.3450 as a soft USD and hawkish BoE repricing drive the recovery. Price is now pressing the 1.3450 barrier with EMA20 above EMA50; ATR is moderate, so the leg is extending rather than compressing. Buyers stepped in repeatedly around 1.3340, keeping the constructive structure intact above the 1.3400 pivot.
Support: 1.3340, 1.3300
Resistance: 1.3450, 1.3470
What it said to watch
H4 close above 1.3470 opens the path toward 1.36
Failure to hold 1.3340 threatens the higher-low structure
US CPI Tue Jul 14 could materially shift this read
Higher highs and higher lows since mid-range base.
GBPUSD has carved higher highs and higher lows since the late-June base near 1.3140, clearing the 1.3400 (200-day EMA) pivot and printing 3-week highs at 1.3451. The advance is driven by hawkish BoE repricing and a soft dollar as Middle East de-escalation unwinds Fed-hike premium; EMA20 sits above EMA50 with price extended above both. RSI at 63 reflects momentum without a stretched reading.
Support: 1.3400
Resistance: 1.3447, 1.3470, 1.3600
What it said to watch
Sustained H4 close above 1.3470 opens the path toward 1.3600
Loss of 1.3400 (200-day EMA) would neutralise the constructive structure
US CPI Jul 14 is a two-sided catalyst that could shift this read
05:02 UTC
Uptrend, recovering to range top · RSI 62 · price 1.34377
Higher lows since mid-window low, retesting prior highs.
Cable has clawed back nearly the entire slide from the early-window 1.3461 high to the 1.3140 low, printing higher lows and pushing EMA20 above EMA50. Price is now probing the 1.3452 recent high with the 1.3470 barrier just above, having reclaimed the 1.3400 pivot on soft-dollar drift. Structure is constructive while the 1.3400 pivot holds, but the advance is stretching into the top of its recovery.
Support: 1.3400, 1.3315
Resistance: 1.34515, 1.3470
What it said to watch
H4 close above 1.3470 barrier opens the path toward 1.36
Failure to hold the 1.3400 pivot reopens the 1.3315 support
US CPI on Jul 14 could materially reshape this read
Higher-low structure has held since the 1.3142 low mid-window, and cable has cleared the 1.3400 pivot to print a fresh swing high at 1.3452, aided by a soft USD and fully-priced BoE year-end hike. The 200-day EMA barrier near 1.3470 is the standout cap on this advance. ATR is moderate, consistent with a steady grind rather than a volatility spike.
Support: 1.3400, 1.3340, 1.3315
Resistance: 1.3452, 1.3470
What it said to watch
H4 close above 1.3470 opens the path toward the 1.36 recovery zone
Failure to hold 1.3400 pivot exposes 1.3340 and the 1.3315 support
US CPI on Jul 14 could materially shift this read
01:02 UTC
Recovery uptrend, testing cap · RSI 61 · price 1.34104
Higher lows off double bottom, pressing resistance.
Cable has staged a clean V-recovery off the double bottom near 1.3140, carving higher lows through the second half of the window to reclaim 3-week highs. Price is now stalling into the 200-day EMA cap around 1.3410 — the same barrier that repelled it earlier this week — with the bounce underpinned by hawkish BoE repricing and fading UK political risk. ATR(14) is expanding as the move extends, and the EMA20/EMA50 remain in bullish alignment beneath price.
Support: 1.3315, 1.3300, 1.3140
Resistance: 1.3410, 1.3470
What it said to watch
A clean H4 close above 1.3410 (ema cap) opens 1.3470 then the 1.36 area
Failure to hold 1.3315 (uob support) would signal the rally has run its course
US CPI on Jul 14 could materially shift this read via the USD side
01:02 UTC
Uptrend, capped under 3-week high · RSI 62 · price 1.34104
Higher lows since mid-June low, testing range top.
Cable has recovered in stair-step higher lows since the mid-June trough near 1.3140, with price now pressing the 1.3410-1.3415 barrier that has repelled it repeatedly this week. The rally tracks a hawkish BoE repricing and fading UK political risk, but supply keeps capping the advance just under the 3-week high. ATR sits mid-range and price holds above both EMA20 and EMA50, keeping the recovery structure intact.
Support: 1.3345, 1.3315
Resistance: 1.3415, 1.3470
What it said to watch
H4 close above 1.3415 opens the path toward 1.3470
Failure to hold 1.3315 would end the higher-low advance