NY session drove cable off the 1.3324 low through the 200-DEMA ~1.3400 to a session high at 1.3433, the move powered by soft US core PPI/CPI. Asia is now consolidating in a tight 1.3408–1.3425 band just above the 200-DEMA, RSI(14) cooling back near 55 after the run-up.
Support: 1.34085, 1.3400, 1.3384
Resistance: 1.34332, 1.3475
What it said to watch
Hold above the 200-dema at 1.3400 keeps the uptrend structure intact; a close back below reopens the prior range
Reclaim of session high 1.3433 opens the path toward 1.3475
UK April GDP Fri 06:00 UTC could materially shift this read
NY session ran cable up through the 1.3400 200-DEMA cap to a session high of 1.34332 on the soft US core PPI print, then drifted into a tight 1.34085–1.34255 consolidation through Asia. RSI(14) has cooled back near 59 as price idles just under the highs; the 200-DEMA flip is holding so far.
Support: 1.34085, 1.3400
Resistance: 1.34255, 1.34332
What it said to watch
M15 close above 1.34332 extends the breakout toward 1.3475
Loss of 1.34085 returns price into the 1.3400 200-dema
UK GDP Fri 06:00 UTC could materially shift this read
NY-afternoon rally cleared the 200-DEMA at 1.3400 — the level that had repeatedly capped cable — and peaked at the session high 1.34332 before easing back. Asian session is now consolidating roughly 1.34085–1.34255 just above the 200-DEMA, with RSI(14) cooling near 58 on thin overnight volume.
Support: 1.34085, 1.3400
Resistance: 1.34255, 1.34332
What it said to watch
Close above session high 1.34332 opens the path toward 1.3475
Failure to hold the 200-dema at 1.3400 reopens 1.3383
UK GDP Fri 06:00 UTC could materially shift this read
NY session ramped cable from the 1.3325 low through the 1.3400 200-DEMA to a 1.3433 session high after the soft US core PPI/CPI prints. Price has since coiled in a tight 1.3409–1.3426 range through Asia hours, holding above the 200-DEMA that previously capped rallies; RSI(14) has cooled back near 60.
Support: 1.34085, 1.3400, 1.33885
Resistance: 1.3426, 1.34332
What it said to watch
M15 close back below 1.3400 reinstates the 200-DEMA rejection read
Break above 1.34332 extends the session high
UK April GDP (Fri 06:00 UTC) is the next catalyst for this range
23:16 UTC
Uptrend, consolidating near highs · RSI 61 · price 1.34211
Higher highs into session top, now ranging.
Cable rallied hard through the 200-DEMA ~1.3400 during the US session — a move helped by softer US core PPI — peaking at 1.34332 before easing into a tight Asian consolidation around 1.3410–1.3426. RSI(14) has cooled off the highs to mid-range as the breakout digests just under session resistance.
Support: 1.34085, 1.3400, 1.3380
Resistance: 1.34332, 1.3450
What it said to watch
Loss of 1.34085 swing low would put the 200-dema ~1.3400 back in play
A break above 1.34332 session high reopens the 1.3450 range top
Fri UK April GDP (f/c -0.1%) could materially shift this read
Cable broke higher through the 200-DEMA ~1.3400 after soft US core CPI/PPI, printing a session high at 1.34332 before settling into a tight 1.3408–1.3425 consolidation on thin late-session volume. RSI(14) near 60, momentum flat as price holds above EMA20/50.
Support: 1.34085, 1.3400, 1.3385
Resistance: 1.34332, 1.3475
What it said to watch
M15 close back below 1.3400 negates the breakout and reopens 1.3385
Break of 1.34332 session high exposes the 1.3475 upside target
UK April GDP Fri 06:00 UTC (f/c -0.1%) could materially shift this read
Higher highs into late-session, consolidating below session high.
Cable broke out of the 1.3330 range on the US-afternoon push, tagging a session high at 1.34332 before easing back to 1.3414. It has since reclaimed ground above the 200-DEMA at 1.3400 and is grinding back toward the high on thin late-session volume, RSI(14) easing from earlier extremes.
Support: 1.3414, 1.3400, 1.3330
Resistance: 1.34332, 1.3440
What it said to watch
Loss of 1.3414 swing low would mark the first lower-low after the breakout
Failure to hold 1.3400 (200-DEMA) re-opens the 1.3330 range
UK April GDP (Fri 06:00 UTC) could materially shift this read
22:46 UTC
Uptrend, consolidating near highs · RSI 58 · price 1.34205
HH/HL chain into a tight range below the session high.
NY session ramped cable from 1.3325 to a 1.34332 session high — pushing above the 200-DEMA ~1.3400 — after soft US core inflation. Price is now coiling 1.3408–1.3425 through quiet Asia hours, RSI cooling off the highs with no fresh setup in play.
Support: 1.34085, 1.3400, 1.3380
Resistance: 1.34255, 1.34332
What it said to watch
Sustained hold above 1.3400 keeps the uptrend structure intact; a close back below 1.34085 reopens that pivot
A break above 1.34332 extends the session high
UK April GDP (Fri 06:00 UTC, f/c -0.1%) could materially shift this read
NY session drove cable through the 200-DEMA ~1.3400 to a session high of 1.3433 on the hot US PPI / soft core CPI mix, then stalled. Price is now consolidating 1.3409–1.3422 into thin Asia-hours volume, RSI cooling off the highs while holding above EMA20 and EMA50.
Support: 1.34085, 1.3400, 1.33885
Resistance: 1.34332, 1.3475
What it said to watch
Close above 1.3433 opens the path to 1.3475
Failure to hold 1.3400 reopens the range below
UK April GDP Fri 06:00 UTC could materially shift this read
Cable broke above the 200-DEMA at 1.3400 through the NY afternoon on the soft US core PPI miss, running to a 1.34332 session high. Price is now drifting in thin Asian-hours liquidity around 1.3416, holding above the breakout level with RSI cooling from the rally peak.
Support: 1.34085, 1.3400, 1.3385
Resistance: 1.34332, 1.3475
What it said to watch
Loss of 1.3400 (200-DEMA) negates the breakout and exposes 1.3385
Break above 1.34332 session high opens 1.3475
UK April GDP Fri 06:00 UTC could materially shift this read
Higher highs into consolidation below session high.
Cable rallied through the NY session off 1.3325 and reclaimed the 200-DEMA ~1.3400, tagging a session high at 1.3433 before stalling. Price is now drifting sideways in thin Asian-hours trade around 1.3416, holding above the prior breakout pivot at 1.3415.
Support: 1.34085, 1.3400, 1.3388
Resistance: 1.34332, 1.34255
What it said to watch
M15 close above 1.3433 opens path toward 1.3475
Failure to hold 1.3400 reopens 1.3388 and lower
UK April GDP at 06:00 UTC could materially shift this read
Breakout from range, consolidating near session high.
NY session drove a breakout above the 200-DEMA ~1.3400 after soft US core PPI, cable spiking to 1.34332 before stalling. Price is now consolidating 1.3409–1.3425 through the thin Asia session, RSI cooling from the highs.
Support: 1.34085, 1.3400
Resistance: 1.34332, 1.3450
What it said to watch
Clean break above 1.34332 opens path toward the 1.3450 weekly cap
Failure to hold 1.34085 returns price toward the 200-dema at 1.3400
Fri 06:00 UTC UK April GDP could materially shift this read
Higher highs into consolidation below session high.
Cable rallied through the NY session, reclaiming the 200-DEMA ~1.3400 on the soft US core CPI/PPI lean and tagging a 1.34332 swing high. Now consolidating 1.3410–1.3425 in thin Asian trade, RSI(14) easing from the highs as volume collapses.
Support: 1.34085, 1.3400, 1.33885
Resistance: 1.34255, 1.34332, 1.3475
What it said to watch
Sustained M15 closes above 1.3415–1.3425 open the path to 1.3475
Failure to hold 1.34000 puts the 200-DEMA reclaim back in question
UK April GDP (Fri 06:00 UTC) could materially shift this read
22:01 UTC
Uptrend, consolidating near highs · RSI 60 · price 1.34237
Breakout above 200-dema, range forming at top.
NY session ripped through the 200-DEMA (~1.3400) after soft US core CPI/PPI, pushing cable to a session high at 1.34332. Price now consolidating 1.341-1.343 into Asia with volume thinning; RSI(14) cooling off the highs around 60.
Support: 1.34085, 1.3400
Resistance: 1.34332, 1.34475
What it said to watch
M15 close below 1.34085 breaks the consolidation and reopens 1.3400
Loss of 1.3400 invalidates the breakout read
UK April GDP (Fri 06:00 UTC) is the next directional catalyst
Cable spiked through 1.3400 (200-DEMA) after soft US core PPI/CPI, printing a session high at 1.34332 before easing back to consolidate 1.34085–1.34238. RSI cooling from the highs as late-session volume thins; the 1.3400 breakout level is holding as support.
Support: 1.34085, 1.3400, 1.3382
Resistance: 1.34238, 1.34332
What it said to watch
Close above 1.34332 opens the path back toward the weekly high
Failure to hold 1.34000 negates the breakout
UK April GDP (Fri 06:00 UTC) could materially shift this read
HH/HL off 1.3326, consolidating below session high.
NY session ramped cable from 1.3326 to a session high 1.3433 after the soft US core CPI/PPI miss, tagging the 200-DEMA ~1.3400. Price is now consolidating around 1.3414 into the Asia transition with RSI cooling off; the 1.3433 high caps and 1.3409 has held as a pullback floor.
Support: 1.34085, 1.3400, 1.3378
Resistance: 1.34221, 1.34332, 1.3475
What it said to watch
M15 close above 1.3415 then 1.3433 opens the path to 1.3475
Failure to hold 1.3400 returns price into the 1.3330–1.3400 range
UK April GDP Fri 06:00 UTC could materially shift this read
Broke above 1.3400, consolidating near session high.
GBPUSD broke above the 200-DEMA/1.3400 area through the NY session, a soft US core CPI/PPI print lifting cable to a session high of 1.34332 before pulling back. RSI is cooling as price consolidates above 1.34085 in thin late-session trade, with the 1.33995 breakout holding so far.
Support: 1.34085, 1.33995
Resistance: 1.34221, 1.34332
What it said to watch
Loss of 1.34085 risks a retest of the 1.33995 breakout level
Stall under 1.34221 keeps the consolidation intact
UK April GDP (Fri 06:00 UTC) could materially shift this read
Impulse leg into consolidation below session high.
Cable ran from the 1.3324 low through the 1.3400 psych level to a 1.34332 session high during NY hours, helped by the soft US core CPI/PPI prints. Price has since rolled into a tight late-session consolidation between 1.34085 and the 1.34210 range top, with RSI cooling back toward neutral.
Support: 1.34085, 1.3400, 1.33885
Resistance: 1.3421, 1.34332
What it said to watch
Loss of 1.34085 session low reopens the 1.3400 psych level then 1.33885 swing low
Reclaim and close above the 1.34210 range top puts the 1.34332 session high back in play
UK April GDP (Fri 06:00 UTC) could materially shift this read
Consolidating near session highs after impulsive rally.
Cable rallied from ~1.3330 to a session high of 1.34332 through the NY afternoon after soft US core PPI, breaking above the 200-DEMA near 1.3400. Price has since stalled and is consolidating between 1.34085 and 1.34221 into the Asia open, RSI(14) cooling from the highs.
Support: 1.34085, 1.3400, 1.3397
Resistance: 1.34221, 1.34332
What it said to watch
Close back below 1.34000 (200-DEMA) reopens the prior range toward 1.33700
Break above 1.34332 session high extends the move toward 1.3450
UK April GDP (Fri 06:00 UTC) could materially shift this read
Cable rallied through the 200-DEMA ~1.3400 in the US afternoon after the soft US core CPI/PPI print, peaking at 1.34332 before stalling. Price is now coiling 1.3414-1.3422 with RSI cooling from the breakout extreme; the 200-DEMA level flips to support as long as 1.34125 holds.
Support: 1.34125, 1.3400, 1.3388
Resistance: 1.34332, 1.34221
What it said to watch
Close above 1.34332 extends the rally toward 1.3447
Loss of 1.34125 then 1.3400 reopens the prior range
HH/HL chain, now consolidating below session high.
NY session drove cable from 1.3325 to a session high of 1.3433 after the soft US core CPI/PPI read, with price now consolidating around 1.3418 just below that high. RSI(14) has cooled off from overbought as the rally stalls into the round 1.3400 area held as support.
Support: 1.34088, 1.3400
Resistance: 1.34332, 1.34221
What it said to watch
Break above 1.34332 session high extends the up-leg
Loss of 1.34088 swing low signals deeper pullback toward 1.3400
UK April GDP Fri 06:00 UTC could reshape this read
NY session drove cable up through the 200-DEMA at 1.3400 after the soft US core CPI/core PPI prints, peaking at the session high 1.34332 before stalling. Price now consolidating just above the broken level near 1.3415, RSI cooling from the rally peak; the 1.3400 zone is the immediate pivot.
Support: 1.34125, 1.3400, 1.3388
Resistance: 1.34332, 1.3475
What it said to watch
Loss of 1.34000 puts price back inside the prior range and negates the breakout read
M15 close above 1.34332 opens the path toward 1.3475
UK April GDP Fri 06:00 UTC could materially shift this read
Breakout above range, now consolidating below session high.
NY session drove a clean breakout through the 1.3400 round level and 200-DEMA region, peaking at 1.34332 before stalling, helped by a soft US core PPI/CPI read. Price is now consolidating around 1.3415 just under the swing high, RSI cooling from the rally peak.
Support: 1.34125, 1.3400, 1.3388
Resistance: 1.34221, 1.34332
What it said to watch
Close back below 1.34000 negates the breakout and reopens the prior range
Acceptance above 1.34332 extends the session high
UK April GDP (Fri 06:00 UTC) could reset this intraday structure
GBPUSD broke out through 1.3400 during the NY session, clearing the 200-day EMA cap and running to a session high at 1.34332. Price is now consolidating around 1.3414 with RSI(14) easing off the highs to the low-60s; the round number at 1.3400 is the line being held above.
Support: 1.3400, 1.3383
Resistance: 1.34332, 1.34221
What it said to watch
Loss of 1.3400 round number would negate the breakout and reopen 1.33830
Reclaim and close above 1.34332 session high extends the rally
UK April GDP Fri 06:00 GMT could materially shift this read
GBPUSD rallied through the NY session off the 1.3325 lows, clearing the 200d EMA ~1.3400 and the 1.3415 trigger to print a session high at 1.3433. Price has since flattened just above 1.3414 with RSI(14) cooling from the move; the breakout above 1.3400 is holding for now.
Support: 1.3400, 1.3378
Resistance: 1.34332, 1.3475
What it said to watch
Sustained close above 1.3433 opens the path toward the 1.3475 cap
Failure to hold 1.3400 puts the move back inside the prior 1.3330-1.3400 range
UK April GDP (Fri 06:00 GMT) could materially shift this read
NY session saw GBPUSD explode out of a 1.3330 base, clearing the 1.3415 trigger and 200-day EMA (~1.3400) to print a session high at 1.34332 on a mixed US inflation read (soft core PPI). Price is now consolidating just below the high near 1.3419 with RSI(14) cooling from the spike, ATR ~15 pips.
Support: 1.34126, 1.3400, 1.33832
Resistance: 1.34332, 1.3475
What it said to watch
Break of 1.34332 opens the path to 1.34750
Failure to hold 1.34000 negates the breakout back into the prior range
UK April GDP Fri 06:00 GMT could materially shift this read
Higher highs into session high, now consolidating.
NY session drove GBPUSD through the 1.3400 200-day EMA cap and the 1.3415 trigger, peaking at 1.34332 before stalling. Price is now consolidating in a tight band near 1.3419 with RSI(14) cooling off mid-60s; rising lows from 1.33832 keep the intraday structure intact.
Support: 1.34126, 1.33995, 1.33832
Resistance: 1.34332, 1.3450
What it said to watch
Break above 1.34332 session high opens the path toward 1.3475
Loss of 1.34126 swing low breaks the rising-low chain
Failure to hold 1.33995 breakout would unwind the NY leg
Higher highs since NY-session base, broke above 1.3400.
NY session ripped higher off the 1.3326 base, breaking the 1.3400 200-day EMA cap and printing a session high at 1.34332 before easing to 1.34188. RSI(14) near 67 — hot but not extended; the breakout above 1.3400 is so far holding.
Support: 1.3400, 1.3384
Resistance: 1.34332, 1.3450
What it said to watch
A close back below 1.3400 200-day EMA reopens the prior 1.3330-1.3400 range
Break above 1.34332 session high exposes 1.3450 range top
UK April GDP Fri 06:00 GMT could materially shift this read
20:16 UTC
Uptrend, accelerating off lows · RSI 68 · price 1.34188
V-recovery, breakout above 1.3400 holding.
NY session ripped GBPUSD off the 1.3325 base, clearing the 1.3400 200-day EMA cap and printing a session high at 1.3433 before stalling. Cable now consolidates just under that high with RSI(14) near 68 — hot but not extreme.
Support: 1.34126, 1.3388, 1.3350
Resistance: 1.34332, 1.3475
What it said to watch
M15 close above 1.34332 opens the path toward 1.3475
Failure to hold 1.3400 reopens the 1.3330-1.3400 range
Next week's FOMC remains the dominant USD catalyst
20:01 UTC
Uptrend, momentum cooling · RSI 63 · price 1.3416
Higher highs into 1.3433, shallow pullback.
NY session drove a clean break above the 1.3400 200-day EMA cap and the 1.3415 trigger, peaking at 1.3433 before easing to 1.3416. RSI(14) is cooling from the rally highs and price is holding above the broken level on the retest.
Support: 1.3400, 1.3380
Resistance: 1.3433, 1.3475
What it said to watch
M15 close back below 1.3400 puts the breakout retest in question
Break above 1.3433 session high opens the path to 1.3475
UK April GDP (Fri 06:00 GMT) could materially shift this read
20:01 UTC
Uptrend, momentum cooling · RSI 62 · price 1.3416
Higher highs into session high, shallow pullback.
NY session ripped GBPUSD from ~1.3326 up through the 200-day EMA cap (~1.3400) to a session high at 1.3433, fuelled by a mixed US PPI/core-PPI read softening the dollar. Price has since eased to 1.3416, RSI(14) cooling off the highs but still holding above EMA20/50; 1.3400 is the line that frames the breakout.
Support: 1.3400, 1.3350, 1.3326
Resistance: 1.3433, 1.3450
What it said to watch
M15 close back below 1.3400 invalidates the breakout and reopens 1.3350
Close above 1.3433 session high opens the 1.3450 range top
UoM Michigan sentiment Fri 14:00 UTC could shift the USD-side read
19:46 UTC
Uptrend, strong momentum · RSI 68 · price 1.34181
Higher highs / higher lows, broke above 1.3400.
NY session ran a sharp rally off 1.3330, breaking through the 200-day EMA cap at 1.3400 and printing a session high at 1.34332, RSI(14) hot near 68. Price is now consolidating just under the high; prior cap at 1.3400 flips to first support.
Support: 1.3400, 1.3388, 1.3350
Resistance: 1.34332, 1.34041
What it said to watch
M15 close back below 1.3400 negates the breakout and reopens 1.3388
UK April GDP Fri 06:00 GMT could materially shift this read
19:46 UTC
Uptrend, momentum strong · RSI 71 · price 1.34181
Higher highs after breakout above 1.3400.
NY session ripped higher after a sweep of the 1.3326 session low, clearing the 1.3400 round number and 1.3415 trigger to print 1.3433. RSI(14) is hot near 71 and price has pulled back modestly to 1.3418 — the breakout level around 1.3400 is the immediate reference.
Support: 1.3400, 1.3383, 1.3350
Resistance: 1.34332
What it said to watch
M15 close back below 1.3400 would negate the breakout read
Failure to hold 1.3383 confirms loss of upside momentum
UK April GDP (Fri 06:00 GMT) could materially shift this read
19:31 UTC
Uptrend, strong momentum · RSI 74 · price 1.34271
Range break, higher highs.
NY session rally broke the 1.3400 200-day EMA cap and cleared the 1.3415 trigger, extending to a fresh session high at 1.34271 with RSI(14) hot near 74. Cable accelerated off the 1.3327 base after a tight London-NY range, leaving 1.3400 as the breakout retest line.
Support: 1.3415, 1.3400, 1.3378
Resistance: 1.3430
What it said to watch
Hold above 1.34150 keeps the breakout intact
M15 close back below 1.34000 invalidates the break and returns price to the prior range
UK April GDP (Fri 06:00 GMT) could shift this read sharply
19:31 UTC
Uptrend, strong impulse · RSI 75 · price 1.34271
Higher highs after range break above 1.3400.
NY session ripped GBPUSD out of the 1.3325-1.3360 base, clearing 1.3400 in a clean impulse to print 1.3427 at the close, RSI(14) running hot near 75. The 1.3400 round number flipped from cap to nearest support; momentum is extended into the close.
Support: 1.3400, 1.3385, 1.3326
Resistance: 1.3450
What it said to watch
Reclaim of 1.34000 from below would invalidate the breakout read
RSI above 75 into a stall risks a pullback toward 1.3385 swing low
Fri 06:00 GMT UK GDP could materially reprice this move
19:16 UTC
Uptrend, NY breakout extending · RSI 77 · price 1.34164
Broke out of intraday range, fresh session highs.
NY session ripped through the 1.3330-1.3400 range, clearing the 200-day EMA cap near 1.3400 and the 1.3415 trigger to print a session high at 1.3418 on mixed USD signals (hot headline PPI, soft core). RSI(14) is hot in the high-70s after an ~85-pip run; price is holding the highs into late NY.
Support: 1.3400, 1.3388, 1.3325
Resistance: 1.3418, 1.3475
What it said to watch
Close back below 1.3400 negates the breakout and returns price into the prior range
Sustained hold above 1.3418 opens the path toward 1.3475
UK April GDP Fri 06:00 GMT could materially shift this read
NY session drove a sharp leg from 1.3325 through the 1.3400 200-day EMA cap, with price tagging a session high at 1.3418 and holding into the close at 1.34164. RSI(14) running hot near 73 as USD eased post-PPI; the breakout above 1.3400 is the key reference now.
Support: 1.3400, 1.3388, 1.3378
Resistance: 1.34182, 1.3450
What it said to watch
M15 close back below 1.3400 negates the breakout above the 200d ema
Hold above 1.3418 session high opens the path toward 1.3450
UK April GDP Fri 06:00 GMT could materially shift this read
NY session drove a sharp rally off the 1.3330 range floor, reclaiming the 200-day EMA at 1.3400 and printing a session high at 1.34074. Price is consolidating just under that high with RSI(14) running hot near 70; the 1.3388 consol low marks first support back into the prior range.
Support: 1.3400, 1.3388, 1.3330
Resistance: 1.34074, 1.3415
What it said to watch
Close above 1.3415 break trigger opens the path toward 1.3475
Loss of 1.3400 and the 1.3388 consol low pulls price back into the 1.3330 range
UK April GDP (Fri 06:00 GMT) is the next catalyst that could shift this read
Breakout from intraday downtrend, testing 1.3400 cap.
NY session staged a sharp rally off the session low at 1.3325, with a single impulsive candle reclaiming 1.3400 and tagging 1.34074 before stalling. Price is now pinned against the 200-day EMA cap region, RSI(14) elevated near 69 but not extreme.
Support: 1.3388, 1.3350, 1.3325
Resistance: 1.34074, 1.3415
What it said to watch
Close above 1.3415 opens the path toward 1.3475
Failure to hold 1.3400 risks a fade back to the 1.3350 breakout base
UK April GDP (Fri 06:00 GMT) could reshape this read
Cash spiked off 1.3326 to 1.34041 into the NY afternoon as the dollar wobbled on the softer core-PPI print, clearing the 1.3400 round number. Price faded to 1.3378 then reclaimed 1.3395, consolidating just under the session high with RSI cooling from overbought.
Support: 1.33782, 1.3350, 1.3326
Resistance: 1.34041, 1.3415
What it said to watch
M15 close above 1.3415 opens the path toward 1.3475
Failure to hold 1.3378 risks a slide back into the 1.3350 breakout zone
Michigan sentiment + UoM inflation expectations Fri 14:00 UTC could shift the USD read
18:46 UTC
Rally off NY lows, momentum cooling · RSI 66 · price 1.33975
Breakout from 1.3330 base, consolidating under 1.3400.
NY session ripped out of the 1.3330-1.3360 base with a sharp spike to 1.3404, lifted by mixed US PPI and safe-haven flows, and price is now consolidating just under the 1.3400 200-day EMA cap. RSI(14) cooled to the mid-60s after the run; the breakout is holding above 1.3378.
Support: 1.3378, 1.3330
Resistance: 1.34041, 1.3415
What it said to watch
M15 close above 1.34150 opens the path to 1.3475
Failure to hold 1.33780 puts price back into the prior range toward 1.3330
UK April GDP (Fri 06:00 GMT) could materially shift this read
18:31 UTC
Sharp rebound off range lows, momentum cooling · RSI 63 · price 1.33903
Lower lows into mid-window, then V-reversal capped below 1.3400.
NY session ripped off the 1.3330 range lows into 1.34041, then faded after rejection at the 1.3400 round number to sit near 1.339. The spike followed mixed US PPI (hot headline, soft core); RSI(14) cooling from the impulse but still mid-range.
Support: 1.3378, 1.3330
Resistance: 1.34041, 1.3400
What it said to watch
M15 close above 1.34041 opens the 1.3415 trigger then 1.3475
Failure to hold 1.33780 risks a return into the 1.3330 range
UK April GDP Fri 06:00 GMT could materially shift this read
NY session ripped GBPUSD from 1.3326 to 1.34041 in two bars, reclaiming the 1.3400 200-day EMA area after USD's mixed PPI. Price is now consolidating just below the session high, RSI(14) cooling from the spike near 62.
Support: 1.3378, 1.33262
Resistance: 1.34041, 1.3400
What it said to watch
M15 close back below 1.33780 negates the spike and reopens 1.33262
Close above 1.34041 opens the path toward 1.3475
UK April GDP Fri 06:00 GMT is the next domestic catalyst
Sharp rally from 1.3324 base, stalling under 1.3400.
NY session staged a sharp rally off the 1.33243 low, spiking to 1.34041 before being capped at the 200-day EMA ~1.3400 and fading to 1.33892. The move retraced the post-US-PPI dip; RSI cooling from the spike but still firm.
Failure to hold the 1.3350 pullback area reopens the 1.3324 session low
UK April GDP (Fri 06:00 GMT) could materially shift this read
18:16 UTC
Downtrend broken, sharp rally into close · RSI 71 · price 1.33892
Spike off session lows, rejected at session high.
NY session ripped off the 1.3325 session low, a 70-pip vertical move that tagged the 1.3404 200-day EMA cap twice before fading to 1.3389. RSI(14) ran hot near 70 on the spike; the move stalled at the 1.3404 cap with the prior breakout shelf at 1.3350 below.
Support: 1.33504, 1.3330, 1.33248
Resistance: 1.34041, 1.3415
What it said to watch
M15 close above 1.3415 opens a run to 1.3475
Failure to hold 1.3350 breakout shelf voids the recovery read
NY afternoon saw a sharp rally off 1.3325, spiking to 1.3403 before being rejected at the 1.3400 round-number cap (the digest's 200-day EMA level); price now holds ~1.3389. The move recovered the prior session-low grind near 1.3325 with mixed US PPI keeping the USD broadly firm.
Support: 1.3350, 1.3330, 1.33248
Resistance: 1.34031, 1.3415
What it said to watch
M15 close above 1.3415 opens a run to 1.3475
Failure to hold the 1.33500 retest risks a slide back to 1.3325 session low
UK April GDP Fri 06:00 GMT could materially shift this read
Late NY session staged a sharp V-reversal off the 1.33300 session low, breaking back above 1.33500 and spiking to 1.34041 into the 200-day EMA cap (~1.3400) before rejection pulled it back to 1.33890. RSI(14) near 61, cooling after the impulse; price now consolidating just under the rejection high.
Support: 1.33832, 1.3350, 1.3330
Resistance: 1.34041, 1.3400
What it said to watch
M15 close above 1.34041 clears the ema cap and opens 1.3475
Failure to hold 1.33832 swing low reopens the 1.33500 breakout zone
Fri 06:00 GMT UK GDP could reset this intraday read
17:46 UTC
Downtrend reversed by sharp NY rally · RSI 72 · price 1.33981
Session lows swept, breakout above range top.
Price chopped lower through the session, repeatedly basing at 1.3326 before a sharp NY-afternoon impulse swept the lows and ripped ~70 pips through 1.3400 to a session high at 1.34041, with the broad USD bid faltering. RSI(14) is hot near 72 after the vertical move; the prior range top has flipped to the level to watch.
Support: 1.3400, 1.3350, 1.3326
Resistance: 1.34041, 1.3415, 1.3450
What it said to watch
Failure to hold 1.3400 on a retest reverts to the 1.3350 range
M15 close above 1.3415 opens the path to 1.3450/1.3475
UoM Michigan sentiment Fri 14:00 UTC and Fri 06:00 UK GDP could reset this read
NY session faded to a session low at 1.3324, sweeping the prior base before a sharp two-bar rebound to 1.3359, with RSI(14) lifting off depressed levels. The 200d EMA cap at 1.3400 and earlier swing high at 1.3389 sit overhead; the bounce comes against a firm USD after hot headline US PPI.
Support: 1.3324, 1.3300
Resistance: 1.3389, 1.3400
What it said to watch
M15 close above 1.3400 200d ema opens the path to 1.3475
Failure to hold 1.3324 session low opens 1.3300 round number
UK April GDP Fri 06:00 GMT could materially shift this read
Session lows holding near 1.3325, sharp recovery into late NY.
GBPUSD legged down through the NY session after the hot US PPI print, fading from 1.3400 to a 1.3325 session low. Demand stepped in twice around 1.3325 and the last two bars snapped back to 1.3359; the intraday high at 1.3365 is the immediate cap.
Support: 1.3325, 1.3300
Resistance: 1.3365, 1.3400
What it said to watch
M15 close above 1.3365 reopens the 1.3400 200d ema cap
Failure to hold 1.3325 confirms a lower-low and opens 1.3300
UK April GDP Fri 06:00 GMT could materially shift this read
Lower highs and lower lows, consolidating at session lows.
GBPUSD sold off through NY hours on a firmer USD after the hot US PPI print (1.1% MoM), grinding from 1.3367 down to 1.3324. Price is now consolidating in a tight 1.3327-1.3344 band just above the session low, RSI(14) holding the high-30s.
Support: 1.3324, 1.3300
Resistance: 1.3344, 1.3367
What it said to watch
M15 close below 1.3324 session low opens 1.3300 psych level
Reclaim of 1.3344 swing high needed to ease downside pressure
NY session sold GBPUSD off from ~1.3368 to a session low of 1.33243 after the hot headline US PPI print reinforced the sticky-inflation theme. Price is now consolidating 1.3325-1.3344 below EMA20/50, RSI(14) recovering toward 41 off the lows.
Support: 1.33243, 1.3300
Resistance: 1.3345, 1.3368
What it said to watch
M15 close below 1.33243 opens the path to 1.3300 psych
Reclaim of 1.33450 swing high would break the lower-high sequence
UK April GDP Fri 06:00 GMT could materially shift this read
17:01 UTC
Downtrend, near session lows · RSI 40 · price 1.33324
Lower highs, lower lows since NY open.
GBPUSD sold off through the NY session after a hot US PPI print (1.1% MoM) revived the firm-USD theme, breaking the prior 1.3380 range and printing fresh lows at 1.33243. Price is grinding sideways just above that low, RSI(14) near 40, with descending highs capping every bounce.
Support: 1.33243, 1.3320, 1.3300
Resistance: 1.33446
What it said to watch
M15 close below 1.33243 opens 1.3320 then 1.3300
Reclaim of 1.33446 would break the lower-high sequence
UK April GDP (Fri 06:00 GMT) is the next directional catalyst
Lower highs, lower lows; consolidating near session low.
GBPUSD broke down through the NY session after a hot US PPI print firmed the dollar, sliding from 1.3368 to print a session low at 1.33243. Price is now consolidating in a tight 1.33276-1.33371 band just above that low, RSI(14) basing near 39.
Support: 1.33243, 1.3300
Resistance: 1.33446
What it said to watch
M15 close below 1.33243 confirms a lower-low and opens 1.3300
Reclaim above 1.33446 negates the lower-high sequence
UK April GDP Fri 06:00 GMT could materially shift this read
Lower highs, lower lows; consolidating near session low.
NY session sold GBPUSD from ~1.3370 down to a 1.3324 session low after a mixed US PPI print kept the dollar firm. Price is now grinding sideways just above the low, RSI(14) basing near 40 after the leg down.
Support: 1.3324, 1.3300
Resistance: 1.3345
What it said to watch
Close below 1.3324 opens 1.3300
Reclaim of 1.3345 needed to break the lower-high chain
UK April GDP Fri 06:00 GMT could materially shift this read
16:46 UTC
Downtrend, near session lows · RSI 38 · price 1.33324
Lower highs, lower lows into 1.3330 support.
NY session ground lower in a clean lower-high chain, dropping from 1.3365 to print session lows near 1.3325 after the mixed US PPI. Price is now pinned just above the 1.3330 support flagged ahead of Friday's UK GDP, RSI(14) at 38 but not yet stretched.
Support: 1.33248, 1.3330, 1.3300
Resistance: 1.33446, 1.33623, 1.3365
What it said to watch
M15 close below 1.3324 opens 1.3300 then 1.3240
Reclaim of 1.33446 needed to break the lower-high chain
Fri 06:00 GMT UK April GDP could materially shift this read
NY session drove GBPUSD to session lows near 1.3328 after a mixed US PPI print kept the dollar firm; a sharp impulsive break lower from 1.3365 set a clean lower-high, lower-low chain. RSI(14) sits in the high-30s, not yet stretched, with price pinned below both EMAs.
Support: 1.33243, 1.3300
Resistance: 1.33446, 1.33652
What it said to watch
M15 close below 1.33243 opens the path to the 1.3300 psych level
Reclaim of 1.33446 swing high needed to break the lower-high sequence
UK April GDP Fri 06:00 GMT could materially shift this read
GBPUSD ground lower through the NY session, printing a fresh low at 1.33281 and breaking the 1.3330 support flagged in the GBP read, with USD firm on safe-haven flows. RSI(14) near 33 — soft but not yet extreme — as the lower-high, lower-low chain stays intact.
Support: 1.3328, 1.3300
Resistance: 1.3344
What it said to watch
Sustained move below 1.3328 opens 1.3300
Reclaim of 1.3344 swing high would break the lower-high sequence
Michigan sentiment (14:00 UTC) and Fri UK GDP could shift this read
16:16 UTC
Downtrend, sliding into NY close · RSI 41 · price 1.33328
Lower highs, lower lows; testing session lows.
GBPUSD ground lower through the NY session, printing a chain of lower highs from 1.3385 down to a 1.33243 low as the firm USD tone weighed ahead of Friday's UK GDP. A shallow bounce to 1.33328 follows, but price remains pinned below EMA20/50 with RSI(14) near 41 — no recovery confirmed yet.
Support: 1.33243, 1.3330
Resistance: 1.33446
What it said to watch
Loss of 1.33243 confirms continuation, exposes 1.33300 psych then lower
M15 close back above 1.33446 swing high would break the lower-high sequence
UK April GDP (Fri 06:00 GMT) is the next directional catalyst
16:15 UTC
Downtrend, fresh lows · RSI 38 · price 1.33328
Lower highs, lower lows.
GBPUSD sold off through the NY session, breaking the 1.3360 support and printing fresh lows at 1.33248 as the firm USD tone weighed. Price hugging session lows with RSI(14) at 38, no bounce of note yet ahead of Friday's UK GDP.
Support: 1.33312, 1.33248, 1.3300
Resistance: 1.33446, 1.33623
What it said to watch
M15 close back above 1.33446 would break the lower-high sequence
Failure to hold 1.33248 opens 1.3300
UK April GDP (Fri 06:00 GMT) is the next catalyst for this read
16:01 UTC
Downtrend, bouncing off lows · RSI 43 · price 1.33363
Lower highs, lower lows into NY.
GBPUSD sold off through the NY session, breaking the 1.336 floor and printing a session low at 1.33243 as the dollar held a firm safe-haven bid. Price bounced to 1.33446 and is now hovering near 1.33363 below EMA20/50; the chain of lower highs from 1.33915 remains intact.
Support: 1.33243, 1.3330
Resistance: 1.33446
What it said to watch
Close below 1.33243 confirms lower-low extension toward 1.33300 zone
Reclaim of 1.33446 breaks the descending lower-high sequence
UK April GDP Fri 06:00 GMT could materially shift this read
NY session sold GBPUSD off from ~1.3368 in a clean run of lower highs, faded after the firm US PPI print and soft RICS housing left sterling near session lows. Buyers stepped in twice at 1.3325 forming a double bottom, but the bounce stalled into 1.3344 and price is drifting back to 1.3336 with RSI(14) mid-40s.
Support: 1.33243, 1.3300
Resistance: 1.33446, 1.33623
What it said to watch
Loss of 1.3324 confirms a fresh lower-low, exposing 1.3300
Reclaim of 1.3344 swing high needed to challenge 1.3362 area
UK April GDP Fri 06:00 GMT could materially shift this read
15:46 UTC
Downtrend, bouncing off lows · RSI 44 · price 1.33404
Lower highs and lower lows, recent low reclaimed.
Cable was sold from the 1.3380 prior range through the NY session, printing a chain of lower lows into 1.3324 before a shallow bounce; sellers stepped back in below 1.3344. RSI(14) recovering off oversold but price holds under EMA20/50 — the move reflects positioning squared ahead of Friday's UK GDP.
Support: 1.3324, 1.3300
Resistance: 1.3344, 1.3380
What it said to watch
Loss of 1.3324 swing low exposes the 1.3300 psych level
Reclaim of the 1.3380 prior range needed to negate the downside structure
UK GDP Fri 06:00 UTC could materially shift this read
15:46 UTC
Downtrend, recent leg lower · RSI 44 · price 1.33404
Lower highs and lower lows, bouncing off session low.
NY session sold cable from 1.3365 down to a 1.33243 session low as the firm USD kept GBP capped below the 1.3400 200-day EMA. Price has since recovered to 1.33404, RSI(14) lifting off lows but still under 50; the descending sequence of lower highs remains intact below 1.33446.
Support: 1.33243, 1.33291
Resistance: 1.33446, 1.3353
What it said to watch
M15 close back above 1.33446 breaks the lower-high sequence
Failure to hold 1.33243 confirms a fresh lower-low toward 1.3300
UK GDP Fri 06:00 UTC and US Michigan sentiment 14:00 UTC could reset this read
15:31 UTC
Downtrend, modest late bounce · RSI 43 · price 1.33404
Lower highs, lower lows into session low.
NY session sold cable from 1.3368 in a steady chain of lower highs and lower lows down to a session low at 1.33243, with a soft US data backdrop and pre-UK GDP squaring. Price is staging a modest bounce into the close near 1.33404, RSI(14) lifting off oversold but still sub-50.
Support: 1.33243, 1.3320
Resistance: 1.3353, 1.3362
What it said to watch
M15 close below 1.33243 confirms the lower-low and opens 1.33200
Reclaim above 1.33530 breaks the lower-high sequence
UK GDP Fri 06:00 UTC could materially shift this read
15:31 UTC
Downtrend, bouncing off lows · RSI 39 · price 1.33404
Lower highs and lower lows through NY session.
NY session sold cable from 1.3365 down to a 1.3324 low, breaking below the prior intraday band as the USD held firm. Price is bouncing toward 1.3340 off that low, but the lower-high chain remains intact ahead of Friday's UK GDP.
Support: 1.33243, 1.3300
Resistance: 1.3353, 1.3365
What it said to watch
M15 close above 1.3353 breaks the lower-high chain and negates the downtrend read
Failure to hold 1.3324 swing low exposes 1.3300
UK GDP Fri 06:00 UTC could materially shift this read
Cable was sold through the NY session, breaking the 1.3360–1.3395 band and printing fresh lows at 1.3324 as traders squared up ahead of Friday's UK GDP. The soft-core US CPI lift to the 1.3400 area was fully reversed; RSI(14) near 32 reflects the persistent grind lower without yet reaching extreme.
Support: 1.3324, 1.3300
Resistance: 1.3340, 1.3365, 1.3395
What it said to watch
Failure to hold 1.3324 exposes the 1.3300 round number
Reclaim of 1.3365 breakdown would neutralise the lower-low read
UK GDP Fri 06:00 UTC could materially shift this read
Cable sold through the NY session, breaking the 1.3360 base and printing a fresh session low at 1.3324 as the USD held firm on safe-haven flows. A small bounce to 1.3337 follows but price remains below EMA20/50; RSI(14) near 39, not yet oversold.
Support: 1.33243, 1.3300
Resistance: 1.3344
What it said to watch
Loss of 1.3324 confirms continuation and exposes the 1.3300 area
Reclaim of 1.3344 would stall the lower-low sequence
UK GDP Fri 06:00 UTC could materially shift this read
15:01 UTC
Downtrend, accelerating · RSI 31 · price 1.3327
Lower highs, lower lows into session low.
NY session sold cable off the 1.3390 supply zone — twin highs there capped — down to a fresh session low at 1.3325, RSI(14) near 31. Clean lower-high/lower-low chain holds as traders square up ahead of Friday's UK GDP.
Support: 1.3300, 1.3240
Resistance: 1.3365, 1.3390
What it said to watch
M15 close back above 1.3365 swing high breaks the lower-high chain
Loss of 1.3300 psych exposes the 1.3240 macro low
UK GDP Fri 06:00 UTC is the dominant near-term risk
15:01 UTC
Downtrend, accelerating into lows · RSI 26 · price 1.3327
Lower highs, lower lows; fresh session low.
Cable was sold steadily through the NY afternoon, breaking the 1.3360 floor and printing a fresh session low at 1.33248 as traders squared into Friday's UK GDP. RSI(14) near 26 flags short-term oversold, but the structure remains a clean chain of lower highs and lower lows with no demand yet.
Support: 1.3300, 1.33248
Resistance: 1.3358
What it said to watch
Loss of 1.3300 round number exposes the 1.3240 area
Reclaim of 1.3358 ema20 would stall the downtrend read
UK GDP Fri 06:00 UTC could materially shift this read
Cable sold steadily through the NY session to fresh lows at 1.33291, the entire move from the 1.3400 200-day EMA ceiling reversed as traders squared into Friday's UK GDP. RSI(14) near 31 and price below both EMAs; the 1.3353 swing has capped each bounce attempt.
Support: 1.33291, 1.3300, 1.3240
Resistance: 1.3353, 1.3366, 1.3400
What it said to watch
Break below 1.3300 psych exposes 1.3240
Close back above 1.3353 negates the fresh lower-low
UK GDP Fri 06:00 UTC could materially shift this read
NY session pressed cable steadily lower into the close, printing a fresh session low at 1.33291 with RSI(14) near 31 — the whole bounce toward the 1.3400 200-day EMA earlier was sold off through the afternoon. Lower highs and lower lows intact below 1.33530; momentum heavy but RSI approaching short-term stretched.
Support: 1.33291, 1.3300
Resistance: 1.3353, 1.33651
What it said to watch
M15 close back above 1.33530 would break the lower-high chain
Loss of 1.33291 exposes the 1.33000 psych level
UK GDP Fri 06:00 UTC could materially shift this read
14:31 UTC
Downtrend, into session lows · RSI 31 · price 1.33365
Lower highs, lower lows.
Cable trended lower through London and NY, sliding from the 1.3408 session high to fresh session lows at 1.3336 as the US afternoon sold the move. RSI(14) near 31 — short-term stretched but not yet extreme; price holds below EMA20 and EMA50.
Support: 1.3336, 1.3324
Resistance: 1.3342, 1.3353, 1.3362
What it said to watch
Break below 1.3336 extends the lower-low sequence toward 1.3324
Reclaim of 1.3353 needed to ease downside pressure
UK GDP Fri 06:00 UTC could materially shift this read
14:31 UTC
Downtrend, pressing lows · RSI 34 · price 1.33365
Lower highs, lower lows into session low.
NY afternoon leg lower drove cable through the 1.3360 support and into 1.33355 session lows, with the entire London bounce sold off ahead of Friday's UK GDP. RSI(14) near 33 reflects short-term pressure but is not yet at an extreme; price is trading at the bottom of the 24h range below both EMAs.
Support: 1.33355, 1.3330
Resistance: 1.3360
What it said to watch
Loss of 1.3330 psych confirms continuation toward the next support
Reclaim of 1.3360 broken lvl needed to relieve downside pressure
UK GDP Fri 06:00 UTC could materially shift this read
Cable was sold through the NY afternoon, fading a soft US core CPI bounce toward the 1.3400 200-day EMA and grinding back to session lows around 1.3338. Price holds below EMA20 and EMA50 in a clean sequence of lower highs, with RSI(14) near 40 and no oversold extreme yet.
Support: 1.33388, 1.3330
Resistance: 1.3353, 1.33651
What it said to watch
UoM Consumer Sentiment (14:00 UTC) just released — could shift this read
Close below 1.3338 confirms continuation toward the 1.3300 cluster
Reclaim of 1.3353 would break the lower-high sequence
UK GDP tomorrow 06:00 UTC is the dominant overnight risk
14:16 UTC
Downtrend, near session lows · RSI 39 · price 1.33421
Lower highs, lower lows into NY afternoon.
Cable was sold through the NY afternoon after mixed US data, breaking the 1.3360 range and stair-stepping down to session lows near 1.3338. Price now hugs 1.3342 below both EMAs with RSI(14) around 38; rallies into 1.3353 have been capped.
Support: 1.33383, 1.3330
Resistance: 1.3353
What it said to watch
M15 close below 1.33383 confirms continuation toward the 1.3330 support
Reclaim of 1.33530 would break the lower-high sequence
UK GDP Jun 12 06:00 UTC and UoM Consumer Sentiment 14:00 UTC could materially shift this read
NY session sold off sharply from 1.3368 to a 1.3339 session low around 12:15 UTC as the USD held its post-CPI bid. Price has since consolidated 1.3340–1.3360, with RSI(14) recovering off oversold; the 1.3366 swing high caps the bounce.
Support: 1.33388, 1.3330
Resistance: 1.3366
What it said to watch
M15 close below 1.33388 confirms a fresh lower-low, exposing 1.3330
Reclaim of 1.3366 swing high negates the lower-high sequence
UoM Consumer Sentiment at 14:00 UTC could shift this read
14:01 UTC
Downtrend, near range floor · RSI 43 · price 1.33541
Lower highs into 1.3340 support.
Cable sold off through the NY session, a sharp leg down near 12:15 UTC around mixed US PPI/claims pressing toward the 1.3340 swing low. Bounces have capped at 1.3365 building lower highs; price now hugs the lower end of the 1.3330–1.3400 range.
Support: 1.3340, 1.3330
Resistance: 1.3365, 1.3392, 1.3400
What it said to watch
M15 close below 1.3330 opens the path toward 1.3300
Reclaim of 1.3365 needed to challenge 1.3392 session high
UoM Consumer Sentiment at 14:00 UTC could shift this read
NY-session grind lower; a sharp leg down into 12:00 UTC swept the session low at 1.33388 before a shallow bounce stalled near 1.33555. Sellers have capped each push at the descending intraday high around 1.33650, leaving a chain of lower highs intact.
Support: 1.3346, 1.33388, 1.3333
Resistance: 1.3365, 1.3385, 1.3400
What it said to watch
M15 close back above 1.33650 intraday high breaks the lower-high chain
Failure to hold the 1.33460 swing low reopens the 1.33388 session low
UoM Consumer Sentiment 14:00 UTC could shift this read
200-dema / 1.34000 ceiling still the upside line in the sand
Cable sold off sharply through 1.3360 during NY hours, printing a session low at 1.3339 before stabilising near 1.3355; the drop followed mixed US PPI and a firm USD. RSI(14) recovering off the lows but price holds below EMA20/50, keeping the M15 lower-high chain intact.
Support: 1.3340, 1.3330
Resistance: 1.3365
What it said to watch
M15 close back above 1.3365 negates the lower-high structure
Failure to hold 1.3340 opens 1.3330
UoM Consumer Sentiment 14:00 UTC could shift this read
Cable broke below the 1.3370–1.3390 NY range and sold off to 1.3339 around the 12:30 GMT US PPI/claims release as the dollar firmed. Bounces into 1.3365 have been rejected; RSI(14) near 38, sitting in the lower half but not yet stretched.
Support: 1.3339, 1.3330, 1.3300
Resistance: 1.3365, 1.3390
What it said to watch
Reclaim of 1.3365 would negate the downside range break
Failure to hold 1.3339 opens 1.3330 then 1.3300
UK GDP Fri 06:00 UTC could reset the intraday read
13:31 UTC
Downtrend, holding lows · RSI 42 · price 1.3351
Lower highs into session low at 1.3340.
Cable sold off through the NY session, dropping toward 1.3340 around the US PPI/jobless-claims window (12:30 GMT) and printing a session low at 1.3339. Price below EMA20/50 with RSI(14) at ~42; a shallow bounce stalled under 1.3365.
Support: 1.3340, 1.3330
Resistance: 1.3365, 1.3392, 1.3400
What it said to watch
Reclaim of 1.3365 swing high would ease the downside read
Loss of 1.3340 session low opens the path to 1.3330 range floor
Cable slid through the NY session, breaking the 1.3360 base with a sharp spike to 1.33402 around the US PPI/jobless-claims window before a shallow bounce faded back to lows. Price holds just above the session low with RSI(14) near 41; the 1.3368 swing high now caps from above.
Support: 1.33402, 1.3330
Resistance: 1.3368
What it said to watch
M15 close below 1.33402 opens the 1.3330 range floor
Reclaim of 1.33680 would ease the lower-high sequence
US PPI / jobless-claims reaction still developing — fresh prints could extend the move
13:16 UTC
Downtrend, fresh leg lower · RSI 39 · price 1.33442
Lower highs and lower lows, price near session low.
NY-session sell-off drove cable from 1.3369 down to a 1.3340 swing low around the US PPI/jobless-claims window, and price is now hovering just above it. RSI(14) near 39 with price under both EMA20 and EMA50 — the chain of lower highs is intact.
Support: 1.33402, 1.3330
Resistance: 1.33611, 1.33692
What it said to watch
Close below 1.33400 swing low opens the 1.3330 range floor
Reclaim of 1.33611 bounce high needed to ease the downside pressure
UK GDP Fri 06:00 UTC could materially shift this read
13:01 UTC
Downtrend, bounce off lows · RSI 44 · price 1.33591
Lower highs, sweep of session low then recovery.
Cable slid through the NY session and printed a sharp sweep to 1.33402 around the 12:30 GMT US PPI/jobless claims window before snapping back to 1.33611. Price now sits at 1.33591, below EMA20/50, having recovered most of that spike but capped under 1.33680.
Support: 1.3352, 1.33402
Resistance: 1.3368
What it said to watch
M15 close above 1.33680 negates the lower-high sequence
Failure to hold 1.33520 reopens the 1.33402 sweep low
UK GDP MoM Fri 06:00 GMT is the next major driver
13:01 UTC
Downtrend, bounce off lows · RSI 46 · price 1.33588
Lower highs, swept session low then recovered.
Cable bled lower through the NY session in a chain of lower highs, then flushed sharply to 1.33402 around the 12:30 GMT US PPI/claims window before snapping back to 1.336. RSI(14) recovered off the lows to mid-40s; price sits back below EMA20/50 after the rebound stalled near 1.33650.
Support: 1.33402, 1.3330
Resistance: 1.3368
What it said to watch
M15 close back below 1.33402 confirms the session-low break and opens 1.33300
Reclaim of 1.33680 needed to negate the lower-high sequence
Friday 06:00 UTC UK GDP could reset this range read
12:46 UTC
Downtrend, post-PPI leg lower · RSI 39 · price 1.33525
Lower highs into fresh session low, weak bounce.
Cable sold off through the NY session, slicing the 1.3360 shelf to a fresh session low at 1.33402 as PPI/claims hit at 12:30 UTC, before a shallow bounce to 1.33525. Price holds below EMA20/50 with RSI(14) near 39; the 1.33680 swing high caps the recovery.
Support: 1.33402, 1.3330
Resistance: 1.3368
What it said to watch
M15 close back above 1.33680 negates the lower-high sequence
Cable broke the 1.3360 floor on the 12:30 UTC US PPI release, dropping sharply to 1.33402 on the largest candle of the window before stabilising near 1.3352. Price sits below EMA20/50 with RSI(14) at 34, near-term hot to the downside but not yet stretched.
Support: 1.3340, 1.3330
Resistance: 1.3366
What it said to watch
Loss of 1.3340 opens the path toward the 1.3330 range floor
Reclaim of 1.3366 would neutralise the break lower
UK GDP MoM Fri 06:00 UTC is the next scheduled driver
Cable drifted lower through the session in a series of lower highs from 1.3421, with demand stepping in twice near 1.3350 (1.33497/1.33522) to form a double-bottom base; price has recovered to 1.3364 and sits at the EMA20. US PPI and jobless claims at 12:30 UTC land right on this bar and could break the recent balance.
Support: 1.3352, 1.3330
Resistance: 1.3392, 1.3400
What it said to watch
US PPI/claims at 12:30 UTC could materially shift this read
Loss of 1.3350 swing low confirms a lower low toward 1.3330 range floor
Close above 1.3392 recent high reopens the 1.3400 200-dema ceiling
12:31 UTC
Downtrend stabilising into range · RSI 47 · price 1.33643
Lower highs from 1.3421, base building near 1.3352.
Cable ground lower through London, printing a double bottom near 1.3352 before bouncing to 1.3364; RSI(14) recovering off neutral, ATR ~6 pips. Price hovers just under EMA20/50 — no clean trend resumption yet.
Support: 1.3352, 1.3330
Resistance: 1.3392, 1.3400
What it said to watch
US PPI & jobless claims at 12:30 UTC could materially shift this read
M15 close below 1.3352 confirms a lower-low toward 1.3330
Reclaim of 1.3392 reopens the 1.3400 ceiling
12:16 UTC
Intraday downtrend, now flat · RSI 46 · price 1.33643
Lower highs into consolidation near session lows.
Cable was sold steadily through the London session from 1.3423 down to 1.3350, where buyers stepped in twice. Now consolidating ~1.3364 just below EMA20, RSI(14) neutral near 46 with US PPI due at 12:30 GMT.
Support: 1.3350, 1.3330
Resistance: 1.3390, 1.3400
What it said to watch
US PPI at 12:30 GMT could materially shift this read
Close above 1.3390 swing high opens the 1.3400 200-dema ceiling
Break below 1.3350 swing low exposes the 1.3330 range floor
12:16 UTC
Downtrend, consolidating off lows · RSI 46 · price 1.33643
Lower highs since 1.3421, basing near 1.3350.
Cable sold steadily from the 1.3421 high through London into NY, with sellers capping each bounce below the 1.3400 200-DEMA after the hot US CPI. Buyers defended 1.3350 twice and price is now basing around 1.3360; RSI(14) mid-range near 46, no momentum extreme.
Support: 1.3354, 1.3350
Resistance: 1.3380, 1.3392, 1.3400
What it said to watch
US PPI at 12:30 GMT (within the hour) could break this consolidation
M15 close below 1.3350 confirms a fresh lower-low toward 1.3330
Cable carved lower highs through the London session off the 1.34232 spike, bleeding to a 1.33522 swing low before stabilising in a tight 1.3352–1.3368 band. Price sits below EMA20/50 with RSI(14) mid-40s; no resolution yet ahead of US PPI.
Support: 1.33522, 1.33497
Resistance: 1.3368, 1.3383, 1.33915
What it said to watch
US PPI at 12:30 GMT could materially shift this read
Close below 1.33522 confirms a lower-low extension toward 1.3330
Reclaim of 1.33680 needed to break the consolidation
Cable trended lower through the NY session from the early 1.3423 high, methodically printing lower highs after repeated rejection near the 200-DEMA (~1.3400). Price has based 1.33522–1.33700 over the last few hours, RSI(14) recovering off the lows toward neutral; the 1.3370 swing high caps for now.
Support: 1.33522, 1.33497
Resistance: 1.3370, 1.3385, 1.33915
What it said to watch
US PPI 12:30 UTC could materially move this read within the next bar
Close above 1.33700 breaks the lower-high sequence
Loss of 1.33522 confirms a fresh lower low toward 1.33497
11:46 UTC
Downtrend, near session lows · RSI 44 · price 1.33615
Lower highs, lower lows; consolidating after sell-off.
GBPUSD ground lower through the NY session off the 1.33915 session high, printing a low at 1.33522 before a shallow bounce to 1.33644; price now hovers at 1.33615 below EMA20/EMA50. RSI(14) sits mid-40s, no extreme. Move fits the USD-led, range-bound tone capping Sterling under the 1.3400 ceiling.
Support: 1.33522, 1.33497, 1.3340
Resistance: 1.3368, 1.3379, 1.33915
What it said to watch
US PPI at 12:30 GMT (~45m) could materially shift this read
Break of 1.33522 session low opens 1.33497 then 1.33400
Close back above 1.33680 recent high negates the lower-high sequence
11:46 UTC
Downtrend, lower highs · RSI 43 · price 1.33615
Stair-step lower within 1.3350-1.3390 range.
GBPUSD has drifted lower through NY hours, carving lower highs since the 1.33915 pop and now pressing the 1.3350 range floor with RSI in the low 40s. The early-window 1.34232 peak was methodically sold; price is sitting near session lows after the latest leg to 1.33522.
Support: 1.33522, 1.3350
Resistance: 1.33692, 1.33915
What it said to watch
M15 close below 1.33500 confirms a lower-low and opens 1.3330
Reclaim of 1.33692 would stall the lower-high sequence
UK GDP Fri 06:00 UTC could materially shift this read
Lower highs into a double bottom, near-term recovery.
London session unwound the early high at 1.3421 into a 1.3352 session low, where buyers stepped in twice to form a double bottom; price has since retraced ~40% of the last leg back to 1.33678. RSI(14) near 40 and ATR around 6 pips — a contained recovery against the prevailing lower-high chain ahead of US PPI.
Support: 1.3354, 1.3350
Resistance: 1.33692, 1.3383, 1.33916
What it said to watch
Close below 1.3354 confirms a fresh lower low
Reclaim of 1.3383 breaks the intraday lower-high chain
US PPI at 12:30 UTC (~1h) could materially shift this read
11:31 UTC
Downtrend, modest bounce · RSI 46 · price 1.33678
Lower highs and lower lows, bounce off session low.
GBPUSD drifted lower through London, fading from a 1.3392 swing high to a 1.3352 low before a modest bounce to 1.3368, RSI(14) mid-40s. Lower highs and lower lows define the last several hours; the bounce is holding below EMA20 so far.
Support: 1.3352, 1.3330
Resistance: 1.3392
What it said to watch
US PPI in ~1h (12:30 UTC) could materially shift this read
Break below 1.3352 opens the 1.3330 range floor
Reclaim of 1.3392 needed to challenge the downtrend structure
GBPUSD drifted lower through the London session, posting lower highs and printing a 1.3352 session low before a shallow bounce to 1.3364. Price holds below EMA20/50 with supply repeatedly capping near 1.3392; RSI(14) recovering off mid-40s, no extreme.
Support: 1.3352, 1.3350
Resistance: 1.3392, 1.3400
What it said to watch
US PPI at 12:30 UTC (~1h away) could materially shift this read
Break below 1.3352 opens the 1.3340/1.3322 zone
Reclaim of 1.3392 needed to challenge the 1.3400 ceiling
11:16 UTC
Downtrend within range · RSI 46 · price 1.3364
Lower highs, bounce off 1.3352.
GBPUSD ground lower through the London session, slipping from a 1.3392 swing high to a 1.3352 low before a modest bounce to 1.3364. Sterling has been repeatedly capped below the 1.3400 region; RSI(14) sits mid-range near 46 with ATR around 7 pips.
Support: 1.3352, 1.3330
Resistance: 1.3392, 1.3400
What it said to watch
US PPI 12:30 UTC (~1h) could materially shift this read
M15 close below 1.3352 opens 1.3330 range floor
Reclaim of 1.3392 needed to challenge the 1.3400 cap
London session has carved a lower-high chain off 1.3391, fading into a session low at 1.3352 that was retested twice in the last hour with a modest bounce to 1.33605. RSI(14) near 43 and price below EMA20/50; Cable stays pinned under the 1.3400/200-DMA ceiling, with 1.3369 capping the recovery.
Support: 1.33522, 1.3330
Resistance: 1.33692, 1.33833
What it said to watch
M15 close above 1.3369 breaks the lower-high chain
Loss of 1.3352 session low confirms continuation toward 1.3330
Cable bled lower through the London session, fading from the 1.3423 peak set in early trade and printing a session low at 1.33522 before a shallow bounce to 1.33605. Chain of lower highs holds and price sits below both EMAs; RSI(14) near 43, no extreme. US PPI in ~1.5h is the next catalyst.
Support: 1.33522, 1.33497
Resistance: 1.33692, 1.33915
What it said to watch
Reclaim of 1.33692 needed to break the lower-high sequence
Loss of 1.33522 confirms continuation toward 1.33497
US PPI at 12:30 UTC could materially shift this read
10:46 UTC
Downtrend, near session lows · RSI 39 · price 1.33563
Lower highs into fresh session low.
Cable faded from the 1.33915 session high through London hours and is grinding to fresh lows at 1.33522, capped repeatedly below the 1.3400/200-DMA per the broader read. RSI(14) near 39 with price below EMA20/50; ATR around 7 pips keeps moves tight.
Support: 1.33522, 1.33497
Resistance: 1.33692, 1.33833, 1.33915
What it said to watch
Reclaim of 1.33692 would break the lower-high chain
Loss of 1.33497 confirms continuation lower toward 1.3330
US PPI ~2h away (12:30 UTC) could materially shift this read
Cable rolled over from 1.3392 through the London session and is grinding the session low near 1.3350, capped well below the 1.3400/200-DMA ceiling. RSI(14) sits sub-40 with no oversold extreme; USD stays bid post-hot CPI ahead of PPI.
Support: 1.3350, 1.3300
Resistance: 1.33915, 1.3400
What it said to watch
US PPI in ~2h (12:30 UTC) could materially shift this read via USD
Failure to hold 1.3350 confirms a lower-low toward 1.3300
M15 close back above 1.3392 negates the lower-high sequence
London session sold Cable off the 1.3392 lower high back to the session low near 1.3350, with the 200-EMA/1.3400 zone capping earlier rallies. RSI(14) near 36 confirms downside momentum but isn't yet stretched; price sits on the 1.3350 swing-low shelf.
Support: 1.3350, 1.33497
Resistance: 1.33692, 1.33915, 1.3400
What it said to watch
M15 close below 1.3350 confirms a fresh lower low, opening 1.3330
Reclaim of 1.3369 pivot would ease the downside pressure
US PPI at 12:30 UTC could materially shift this read
Cable ground lower through the London session, sliding from the 1.3390 area to retest the session low near 1.3350 with RSI(14) in the high-30s. Sellers capped each bounce well under the 1.3400 psych pivot, in line with the digest's repeated rejection there.
Support: 1.33497, 1.3330
Resistance: 1.33915, 1.3400, 1.34232
What it said to watch
US PPI at 12:30 UTC could materially shift this read via the dollar
Loss of 1.3350 confirms continuation toward 1.3300
M15 close back above 1.3392 would break the lower-high sequence
10:16 UTC
Downtrend, lower highs · RSI 39 · price 1.33556
Stair-step lower, fresh session low.
Cable ground lower through the London session, printing a fresh low at 1.33542 with price pinned below EMA20/50. The 200-EMA/1.3400 zone capped the earlier bounce and rallies keep getting sold; RSI(14) near 38 reflects the persistent downside drift but is not yet oversold.
Support: 1.33542, 1.33497
Resistance: 1.33692, 1.33915, 1.3400
What it said to watch
M15 close below 1.33497 confirms a lower low, exposing 1.3300
Reclaim of 1.33692 needed to stall the downside drift
Cable ground lower through the London session, snapping to a fresh low at 1.33542 and stalling just above the 1.3350 session floor, capped well under the 1.3400 200-EMA pivot. RSI(14) near 39 with no divergence; the chain of lower highs keeps supply in control ahead of US PPI.
Support: 1.33497, 1.3340
Resistance: 1.3369, 1.33915
What it said to watch
M15 close below 1.33490 opens 1.3340 then 1.3300
Reclaim of 1.33690 swing high needed to ease downside pressure
US PPI at 12:30 UTC could materially shift this read
Cable faded the London push to 1.3392 and is grinding lower, now testing the 1.3358 swing low with price under both EMAs and RSI(14) at ~41. The 1.3400 round number/200-ema continues to cap as flagged in the digest; structure stays a chain of lower highs into the range floor.
Support: 1.3358, 1.3350, 1.3300
Resistance: 1.3392, 1.3400
What it said to watch
M15 close below 1.3358 confirms continuation toward 1.3350/1.3300
Reclaim of 1.3392 needed to challenge the 1.3400 rejection zone
US PPI 12:30 UTC (~2.5h out) could materially shift this read
Cable extended lower through the London session, with the push to 1.3392 sold off and price now grinding back toward the session low near 1.3358. Rejection under the 200-EMA/1.3400 pivot remains intact, RSI(14) soft at 42, price below EMA20 and EMA50.
Support: 1.3358, 1.3350, 1.3300
Resistance: 1.3392, 1.3400, 1.3423
What it said to watch
M15 close back above 1.3400 negates the lower-high structure
Loss of 1.3350 confirms continuation toward 1.3300
US PPI at 12:30 UTC could materially shift this read
09:46 UTC
Downtrend, lower highs · RSI 36 · price 1.33611
Lower highs from overnight peak, pressing session lows.
Cable has bled lower through the London session, carving lower highs from the overnight 1.34232 peak and grinding back toward the session low at 1.33581. The 1.33892 swing high was rejected, USD staying firm on hot CPI; RSI(14) near 36 reflects the soft tone without being oversold.
Support: 1.33581, 1.3350, 1.3330
Resistance: 1.3370, 1.33892
What it said to watch
US PPI at 12:30 UTC (~3h out) could materially shift this read
Close below 1.33500 asian low opens 1.33300 range floor
Reclaim of 1.33700 intraday would break the lower-high sequence
09:46 UTC
Downtrend, lower highs · RSI 38 · price 1.33611
Lower highs / lower lows off 1.3392.
Cable rolled over from the session high at 1.33915 into the London-NY transition, printing a chain of lower highs and lower lows down to 1.33581; RSI(14) sits near 37, soft but not oversold. Price holds below EMA20/50 with the 200-day EMA cluster at 1.3400 capping rallies, consistent with the broader 1.3350-1.3450 range.
Support: 1.33581, 1.33497, 1.3330
Resistance: 1.33729, 1.33915, 1.3400
What it said to watch
Loss of 1.33581 confirms continuation toward the 1.33497 session low
M15 close back above 1.33729 negates the lower-high sequence
US PPI at 12:30 GMT could shift the USD side of cable
Cable rolled over from twin highs near 1.3392 and was methodically sold back to session lows around 1.3358, RSI(14) soft near 36. The 200-day EMA ~1.3400 capped the earlier pop and price now grinds lower below EMA20/50 with sub-8 pip ATR.
Support: 1.33581, 1.33497
Resistance: 1.3370, 1.33833, 1.33915
What it said to watch
Loss of 1.3358 opens 1.3350 swing low
Reclaim of 1.3370 needed to ease downside pressure
US PPI at 12:30 GMT could shift the USD side of cable
Cable ground lower through the London session, chaining lower highs from 1.33915 with RSI(14) near 36. Price is sitting on the session low at 1.33581 after rejection from the macro 200-day EMA zone overnight; momentum stays soft into NY hours.
Support: 1.33581, 1.3350
Resistance: 1.3373, 1.33915
What it said to watch
M15 close below 1.33581 confirms a lower low and opens 1.33500
Reclaim of 1.33730 needed to stall the descending sequence
UK GDP Fri 06:00 UTC could materially shift this read
09:16 UTC
Downtrend, leg lower into London · RSI 43 · price 1.33675
Lower highs, probing session lows.
Cable sold from the 1.33915 session high back to fresh session lows at 1.33581 through the London morning, RSI(14) cooling near 42 below both EMAs. A modest bounce off the low closed at 1.33675; 200-day EMA / 1.3400 still caps overhead.
Support: 1.3358, 1.33497
Resistance: 1.33915, 1.3400
What it said to watch
US PPI at 12:30 UTC (~3h) could materially shift this read
Close below 1.33497 confirms continuation of the lower-low sequence
Reclaim of 1.33915 session high invalidates the lower-high structure
09:16 UTC
Downtrend, lower highs into London · RSI 41 · price 1.33675
Lower highs / lower lows off the 1.33915 high.
Cable slid off the 1.33915 London high in a clean chain of lower highs, dropping into 1.336 with RSI(14) near 40 and ATR ~7 pips. Price remains capped under the 200-day area (~1.3400) flagged in the digest as repeatedly rejected. US PPI at 12:30 UTC is the next catalyst.
Support: 1.33581, 1.3350
Resistance: 1.3373, 1.3383, 1.33915
What it said to watch
Loss of 1.33581 confirms a fresh lower low and opens 1.33500
M15 close back above 1.33730 breaks the lower-high chain
London session has cable grinding lower off the 1.3391 swing high, with the earlier push to 1.3400 (200-day EMA) methodically sold back. Price now presses the 1.3350 range floor after the latest bar closed at session lows; RSI(14) near 40, no oversold extreme yet.
Support: 1.3350, 1.3300
Resistance: 1.3391, 1.3400, 1.3421
What it said to watch
M15 close below 1.3350 confirms a lower-low and exposes 1.3300
Reclaim of 1.3391/1.3400 needed to neutralise the downdrift
UK GDP Fri 06:00 UTC could materially shift this read
Cable drifting lower through the London morning, rolling over from the 1.3392 swing high toward the session low at 1.3360; the 1.3410 area (200-day EMA) capped the earlier bounce. RSI(14) near 37 with price under both EMAs — soft but not yet oversold.
Support: 1.3360, 1.3350, 1.3340
Resistance: 1.3392, 1.3410
What it said to watch
close below 1.3350 swing low extends the down leg toward 1.3340
reclaim of 1.3392 swing high needed to ease the lower-highs sequence
US PPI 12:30 UTC could shift the USD side of cable
Cable was sold off the 1.3400/200-day EMA area and has carved lower highs through the Asia-into-London session, now sitting on the session low at 1.3367 with RSI(14) near 38. The 1.3350-1.3450 weekly range still frames price; nothing actionable until 1.3367 either holds or gives.
Support: 1.3367, 1.3350
Resistance: 1.33915, 1.3400
What it said to watch
M15 close below 1.3367 opens 1.3350 then prior low 1.3350-area
Reclaim of 1.3392 swing high needed to ease the downside pressure
US PPI + jobless claims 12:30 UTC could materially shift this read
08:46 UTC
Downtrend within broader range · RSI 39 · price 1.33676
Lower highs, pressing session lows.
Cable faded the early-London push to 1.3392 and is grinding back toward the session low at 1.3367, RSI(14) sub-40. Price stays trapped under the 200d ema/1.3400 ceiling that has repeatedly capped, structure tilting to lower highs inside the 1.3350-1.3400 range.
Support: 1.3367, 1.3350
Resistance: 1.3392, 1.3400
What it said to watch
M15 close above 1.3392 reopens the 1.3400 ceiling test
Loss of 1.3350 range low confirms a lower-low extension
US PPI 12:30 UTC could shift the USD side of cable
Cable was rejected at 1.33915 early in the London session and has drifted back toward the 1.33670 swing low, trading 1.33721 with RSI(14) at 41. Lower highs persist below the descending 200-day EMA cap, keeping price in the lower half of the 1.3350-1.3400 range.
Support: 1.3367, 1.3350
Resistance: 1.33915, 1.3400
What it said to watch
M15 close below 1.33670 confirms a lower low toward the 1.33500 range floor
Reclaim of 1.33915 needed to challenge the 1.34000 round number
US PPI + jobless claims at 12:30 UTC could shift this read
London open is drifting lower off the 1.33915 session high back toward the lower half of the 1.3350-1.3392 range, with price below both EMAs and RSI(14) near 41. The 200-day EMA at ~1.3400 continues to cap rallies as flagged in the macro read; US PPI at 12:30 UTC is the next driver for the USD side.
Support: 1.3367, 1.33497, 1.3330
Resistance: 1.33915, 1.3400, 1.3421
What it said to watch
Close below 1.33670 swing low exposes the 1.33497 session low
Reclaim of 1.33915 puts the 200d ema at 1.3400 back in play
US PPI + jobless claims 12:30 UTC could break this range
08:17 UTC
Two-way, ranging after rejection · RSI 44 · price 1.33763
Recovered off range low, easing back into mid-range.
Cable's push to the 1.34232 window high was methodically sold, with a clean rejection at the 200-day EMA / 1.3400 figure down to a 1.33497 range low. Price recovered into the 1.33916 session high then eased back to 1.33763 at the London open, now sitting on the 1.3375 intraday low; RSI mid-40s. Ranging 1.3375–1.3392 with no clear direction.
Support: 1.3375, 1.33497
Resistance: 1.33916, 1.3400, 1.34232
What it said to watch
M15 close above 1.33916 reopens the 1.3400 / 200d EMA test
Loss of 1.3375 intraday low exposes the 1.33497 range low
UK GDP MoM Fri 06:00 UTC could materially shift this read
08:17 UTC
Choppy, fading off session high · RSI 43 · price 1.33763
Range, lower highs into London.
Cable rejected the 1.3400 figure / 200-day EMA early in the window (high 1.34232) and was sold back, now drifting off the 1.33915 session high toward 1.3376 with RSI(14) in the low 40s. Price is back under EMA20/EMA50, holding above the 1.33670 swing low. US PPI at 12:30 GMT is the next data risk for the pair.
Support: 1.3367, 1.33497
Resistance: 1.33915, 1.3400, 1.34232
What it said to watch
M15 close below 1.33670 confirms a lower low
Reclaim of 1.33915 reopens the 1.3400 figure
US PPI 12:30 GMT could shift this intraday read
08:02 UTC
Rangebound, recovering off lows · RSI 48 · price 1.33803
Range, London bid back from Asia low after 1.3400 rejection.
Cable's push to 1.3421 yesterday was methodically sold back to the Asia low at 1.3350, a clean rejection at the 1.3400 200-dma. London has clawed back into a 1.3376-1.3392 range, with price now mid-range at 1.3380 and RSI(14) flat near 47; ATR is a quiet ~5.6 pips.
Support: 1.3376, 1.3350
Resistance: 1.33915, 1.3400
What it said to watch
M15 close above 1.3392 reopens the 1.3400 200-dma test
Loss of 1.3376 exposes the Asia low at 1.3350
UK GDP Fri 06:00 UTC could shift this range read
08:02 UTC
Rangebound, no momentum · RSI 49 · price 1.33803
Choppy range after sweep and rejection.
Cable is stuck in a tight range between ~1.3375 and the 1.3392 swing high through the Asia-into-London hours; the earlier spike to 1.3421 was fully sold back and the 200-day EMA at 1.3400 capped the move. RSI(14) sits near 50 with price pinned just below EMA20 and above EMA50 — no momentum in play.
Support: 1.3375, 1.3350
Resistance: 1.33915, 1.3400
What it said to watch
M15 close above 1.33915 then 1.34000 would reopen the 200-day ema break attempt
Failure to hold 1.33750 exposes the 1.33500 session low
Cable recovered from the overnight low near 1.3350 back to a session high of 1.33915 into the London open, then faded to 1.3383 as RSI(14) sits mid-range near 53. Price holds inside the broader 1.3350–1.3420 range; the 1.34020 prior high capped the prior session's CPI-driven push.
Support: 1.3375, 1.3367
Resistance: 1.33915, 1.3402
What it said to watch
M15 close above 1.33915 opens the path back to 1.3402
Failure to hold 1.3375 reopens the overnight low at 1.3367
UK GDP (Fri 06:00 UTC) could materially shift this read
07:46 UTC
Recovering off lows, ranging · RSI 53 · price 1.33831
Rising lows into a tight range below 1.3392.
Asian session carved a low near 1.3350 then recovered to 1.3392, now consolidating around 1.3383 with rising intraday lows. RSI(14) neutral near 53; range top at 1.3392 and the 200-day cluster ~1.3400 cap overhead.
Support: 1.3375, 1.3367, 1.33497
Resistance: 1.33915, 1.3402, 1.3400
What it said to watch
M15 close above 1.33915 opens the path back to 1.3400/200-day
Loss of 1.3375 reopens the 1.3367 swing low
US PPI today 12:30 GMT could shift this read
UK GDP Fri 06:00 UTC a near-term risk
07:32 UTC
Recovering off session lows, capped under 1.3400 · RSI 61 · price 1.33901
Range under the 200-dma after a spike-and-fade.
GBPUSD spiked to 1.3423 on the soft US core CPI print then methodically sold back to session lows near 1.3350 before swept to 1.3375 and recovered. Price is now grinding back toward the 200-dma ceiling at 1.3400 that capped the earlier rally, RSI(14) around 60 with no extreme.
Support: 1.3375, 1.3350, 1.3300
Resistance: 1.3400, 1.3423
What it said to watch
Sustained close above 1.3415 needed to clear the 200-dma rejection zone
Failure to hold 1.3375 reopens the 1.3350 session low
US PPI 12:30 UTC could shift the dollar and this read
07:32 UTC
Recovering off session lows · RSI 58 · price 1.33901
Bounce within prior-day range after rejection at 1.3400.
London morning grinding back toward the 200-DMA at 1.3400 after the CPI-driven spike to 1.3421 was sold methodically to session lows near 1.3350. Pair has built a base around 1.3375–1.3390 and is reclaiming EMA20/50; the 1.3400 ceiling remains untested on this leg.
Support: 1.3375, 1.3350
Resistance: 1.3400, 1.3421
What it said to watch
Sustained M15 close above 1.3400 needed to reopen 1.3421
Loss of 1.3375 puts session low 1.3350 back in play
US PPI at 12:30 UTC could shift this read within the next bars
UK GDP tomorrow 06:00 UTC is the larger overnight risk
07:17 UTC
Range, drifting under 200-DMA · RSI 49 · price 1.3384
Spike-and-fade, now rangebound.
Price spiked to 1.3423 reclaiming the 200-DMA on the soft US CPI core print, then sold back methodically to 1.3350. It now ranges 1.3375–1.3392 under the 200-DMA ~1.3400, RSI(14) flat near 50 with ATR compressed into the London open.
Support: 1.3375, 1.3350, 1.3300
Resistance: 1.3392, 1.3400, 1.3423
What it said to watch
M15 close above 1.3400 (200-dma) needed to reopen 1.3423 prior high
Break below 1.3375 session low exposes the 1.3350 swing low
UK GDP tomorrow 06:00 UTC could materially shift this read
07:17 UTC
Pulled back from highs, consolidating · RSI 49 · price 1.3384
Lower highs since 1.3421 peak, holding above 1.3375.
London reclaimed the 200-DMA near 1.3400 on the soft US core-CPI print, tagged 1.3421, then sold back to a 1.3350 swing low. Price now grinds in a 1.3375–1.3390 range under the 200-DMA ceiling, RSI(14) mid-range and offering no edge.
Support: 1.3375, 1.3350
Resistance: 1.3400, 1.3421
What it said to watch
Sustained close above 1.3415 invalidates the rejection read and exposes 1.3421
Loss of 1.3375 session low reopens the 1.3350 swing low
UK GDP MoM (Fri 06:00 UTC, f/c -0.1%) could materially shift this read
07:01 UTC
Downtrend off intraday high, now flat · RSI 44 · price 1.33782
Consolidating near session lows after the 1.3421 fade.
Cable faded from the 1.3421 high through the Asian session and has chopped in a tight 1.3375–1.3390 band on thin volume into the London open. The 1.3375 floor has absorbed repeated dips while RSI(14) sits mid-40s and ATR is compressed near 5 pips.
Support: 1.3375, 1.33497
Resistance: 1.3390, 1.3402
What it said to watch
Loss of 1.3375 exposes the 1.3350 swing low
Close above 1.3390 reopens 1.3402
US PPI 12:30 UTC could break the range read
07:01 UTC
Range, drifting lower · RSI 45 · price 1.33782
Consolidation at 38.2% of prior selloff.
London session has cable pinned near the 38.2% retrace (~1.3378) of the slide from the 1.3423 spike high to the 1.3350 day low, holding USD firm after an in-line US CPI. Tight 1.3375–1.3387 range over the last hours, RSI(14) neutral near 44, no setup in play.
Support: 1.3375, 1.3350
Resistance: 1.33865, 1.3402
What it said to watch
M15 close above 1.33865 session high opens 1.3390 then 1.3402
Loss of 1.3375 exposes 1.3355 and the 1.3350 day low
UK GDP Fri 06:00 UTC could break this range
06:46 UTC
Range, no clear direction · RSI 47 · price 1.3381
Consolidating mid-range after recovery off 1.3350.
London/NY pushed to 1.3423 before selling off to 1.3350, then a recovery stalled around 1.3390. Asia session has been quiet on thin volume, drifting in a 1.3375–1.3390 band with RSI(14) neutral near 47.
Support: 1.3375, 1.3350
Resistance: 1.3390, 1.3421
What it said to watch
M15 close above 1.3390 reopens the 1.3421 session high
Loss of 1.3375 exposes the 1.3350 swing low
US PPI at 12:30 UTC could shift this read
06:46 UTC
Range, drifting lower · RSI 46 · price 1.3381
Rangebound after pullback from 1.3421 high.
Cable spiked to 1.3421 during the NY session then sold back to 1.3350 before recovering; the Asian session has been quiet and low-volume, drifting between 1.3375 and 1.3390. Price now sits mid-range at 1.3381 with RSI(14) flat near 46 — no setup in play.
Asia session quiet with ATR compressed near 4 pips, cable boxed in a 1.3375-1.3390 range after bouncing off the 1.3350 swing low overnight. Price is drifting toward the session low into the London open, still capped below the 200d EMA at 1.3400 per the rangebound GBP read. US PPI at 12:30 UTC is the next catalyst.
Support: 1.3375, 1.3350
Resistance: 1.3390, 1.3400, 1.3421
What it said to watch
M15 close below 1.3375 session low opens the path to 1.3350
Reclaim of 1.3390 range top puts 1.3400 200d ema back in play
US PPI 12:30 UTC could break this range
06:31 UTC
Drifting lower within range · RSI 42 · price 1.33774
Asian-session range below prior-day highs.
Cable rejected the 1.34 figure (200-day EMA) earlier and has drifted into a tight 1.3375-1.3390 Asian range, now slipping toward the session low at 1.3375. RSI(14) sits mid-40s with ATR compressed to ~14 pips, reflecting thin early-session conditions.
Support: 1.3375, 1.3350
Resistance: 1.3390, 1.3400, 1.3421
What it said to watch
M15 close below 1.3375 exposes the 1.3350 swing low
Reclaim of 1.3390 would re-test the 1.3400 200-day EMA ceiling
UK GDP Fri 06:00 UTC (f/c -0.1%) is the near-term swing risk
Cable is grinding sideways in the Asia session between 1.3375 and 1.3390 after recovering from the 1.3350 range low; volume is thin and ATR has compressed to ~5 pips. Price sits just under EMA20/EMA50 with RSI flat near 45 — no setup in play.
Support: 1.33748, 1.3367, 1.33497
Resistance: 1.3390, 1.3402
What it said to watch
M15 close above 1.3390 reopens the path to 1.3402
Loss of 1.3375 reasserts the lower-low toward 1.3350
US PPI at 12:30 UTC could break this quiet range
06:16 UTC
Ranging, momentum flat · RSI 47 · price 1.33805
Consolidation after recovery off 1.3350.
Cable is ranging through the late Asian session between 1.3375 and 1.3390 after recovering from the 1.3350 swing low; RSI(14) sits flat near 46 with the spike to 1.3421 long faded. Price is pinned just under EMA20 with no intraday structure in play.
Support: 1.3375, 1.33497
Resistance: 1.3390, 1.3410
What it said to watch
M15 close above 1.3390 reopens the 1.3410 200d-ema cap
Loss of 1.3375 exposes the 1.3350 swing low
US PPI at 12:30 UTC could shift this read
06:01 UTC
Ranging, drifting lower into London · RSI 45 · price 1.33799
Tight range after recovery off session low.
Cable is ranging 1.3375-1.3390 in early London after recovering off the 1.3350 Asian low overnight; volume thin, ATR compressed near 11 pips. Price stalled under 1.3390 session resistance and is drifting back toward 1.3375, RSI hovering mid-range with no momentum.
Support: 1.33748, 1.3362, 1.3350
Resistance: 1.3390, 1.3410
What it said to watch
M15 close above 1.3390 opens the 1.3410 cap
Loss of 1.3375 exposes 1.3362 then 1.3350
US PPI at 12:30 UTC could shift this read
06:01 UTC
Rangebound, drifting lower into London · RSI 45 · price 1.33799
Consolidation under 1.3390 after bounce off 1.3350.
Cable held a 1.3350-1.3390 band through the Asia session after rejecting near 1.3420 earlier, with USD firm on a 3-yr-high CPI print. Price is drifting back toward 1.3380 into the London open, RSI(14) flat mid-range; no setup in play.
Support: 1.3375, 1.3350
Resistance: 1.3390, 1.3410
What it said to watch
M15 close above 1.3390 reopens the 200-day EMA cap at 1.3410-1.3415
Loss of 1.3375 exposes the 1.3350 session low
UK GDP at 06:00 UTC Fri could materially shift this read
05:46 UTC
Ranging, no clear momentum · RSI 49 · price 1.33836
Consolidation after recovery off session low.
Cable recovered from the 1.3350 swing low to tag 1.3391, then drifted into a tight Asia-session consolidation between 1.3375 and 1.3391 around 1.3384. RSI(14) flat near 49, ATR compressed to ~8 pips — no setup in play ahead of UK GDP.
Support: 1.3375, 1.3350, 1.3300
Resistance: 1.3391, 1.3412
What it said to watch
UK GDP MoM Fri 06:00 UTC (~15m out) likely to break this consolidation
M15 close above 1.3391 reopens the 1.3412 200d EMA cap
Loss of 1.3375 puts the 1.3350 swing low back in play
Cable slid to an overnight low of 1.3350 then recovered to 1.3392 and is now consolidating around 1.3384 into the London open, RSI(14) flat near 52. Price holds above EMA20/50 but remains capped well below the 1.3410-1.3415 200-day EMA zone.
Support: 1.3376, 1.33497
Resistance: 1.33916, 1.3415
What it said to watch
UK GDP MoM at 06:00 UTC (15m out) could break this consolidation
Close above 1.33916 opens a retest of the 1.34150 cap
Consolidating below session high after bounce off swing low.
Cable recovered off the 1.3350 session low through the Asia session and is consolidating 1.3376–1.3392, roughly a 50% retrace of the earlier drop from 1.3423. RSI(14) neutral near 53 and ATR(14) ~6 pips reflect the quiet pre-London tape.
Support: 1.3376, 1.3350
Resistance: 1.33916, 1.3402
What it said to watch
M15 close above 1.3392 session high opens 1.3402 prior high
Loss of 1.3376 swing low re-exposes the 1.3350 session low
US PPI at 12:30 UTC could materially shift this read
Cable recovered off the 1.3350 overnight low and is now consolidating 1.3375–1.3390 into the early London hours, RSI(14) neutral near 54. ATR is compressed during the Asian range; price sits just above EMA20 with the 1.33916 swing high capping.
Support: 1.33748, 1.3367, 1.33497
Resistance: 1.33916, 1.3402
What it said to watch
UK GDP at 06:00 UTC (~30m away) could materially shift this read
M15 close above 1.33916 opens the 1.34020 prior high
Loss of 1.33748 reopens the 1.33497 overnight low
05:16 UTC
Recovered off lows, now ranging · RSI 53 · price 1.3386
Tight range above 1.3350 swing low.
Cable recovered off the 1.3350 swing low set during the thin Asian session and has consolidated in a tight 1.3375-1.3392 band, sitting on the 50% retrace of the NY drop from 1.3423. RSI(14) neutral near 53 and ATR(14) ~4 pips reflect the quiet pre-London tape.
Support: 1.3375, 1.3350, 1.3300
Resistance: 1.3392, 1.3411, 1.3423
What it said to watch
M15 close above 1.3392 reopens the 1.3410-1.3415 cap
Cable swept the session low at 1.3350 then recovered into a tight base around 1.3385, capped under the 1.3400 psych level and the 200-day EMA cap at 1.3415. Asia session is quiet and rangebound ahead of UK GDP, RSI mid-range with no momentum extreme.
Support: 1.3375, 1.3362, 1.3350
Resistance: 1.3400, 1.3415, 1.3421
What it said to watch
UK GDP at 06:00 UTC (~45m) could materially shift this read
M15 close above 1.3400 opens the 1.3415 200d ema cap then 1.3421
Loss of 1.3375 base reopens 1.3362 and the 1.3350 session low
Cable carved a double bottom around 1.3350 during Asia and recovered to consolidate near 1.3380, in line with the post-CPI USD softening. Price is pinning just under the 200-day EMA cap at 1.3410-1.3415; recent ranges are tight as the Asian session winds down ahead of London.
Support: 1.33775, 1.3350
Resistance: 1.3390, 1.3415
What it said to watch
UK GDP at 06:00 UTC (f/c -0.1%) could break this tight range
A close above 1.3415 challenges the 200d ema cap toward 1.3450
Loss of 1.3350 reopens the downside leg
05:01 UTC
Recovered off lows, now consolidating · RSI 52 · price 1.33825
Range-bound under 1.3400 after bounce from 1.3350.
Cable bounced off a 1.3350 double bottom into the Asia session and is now consolidating in a tight 1.3375-1.3390 band, capped well below the 1.3400 round number and the prior session high at 1.3421. RSI(14) sits neutral near 52 with no extension; price holding just above EMA20.
Support: 1.3375, 1.3350
Resistance: 1.3390, 1.3400, 1.3421
What it said to watch
M15 close below 1.3375 reopens 1.3350 swing low
Close above 1.3390 puts the 1.3400 round number then 1.3421 in play
UK GDP Fri 06:00 UTC could break this consolidation
04:46 UTC
Downtrend off intraday high, now consolidating · RSI 53 · price 1.33844
Range-bound mid-recovery after session-low bounce.
Cable spiked to 1.3421 during the London session then unwound to a session low at 1.3350; price has since clawed back to mid-range near 1.3384, holding just above the EMA20 but under the EMA50. Ranging 1.3375–1.3390 through the Asian session with RSI(14) neutral around 53.
Support: 1.33748, 1.33497
Resistance: 1.3390, 1.3402
What it said to watch
Close above 1.3390 reopens 1.3402/1.3421 resistance
Loss of 1.3375 exposes the 1.3350 session low
UK GDP at 06:00 UTC could materially shift this read
Cable swept the Asia low at 1.3350 overnight then ground back up to 1.339 before settling around 1.3384 on thin late-Asia volume. Price is consolidating just under the 1.3390 recent high; broader USD bid post in-line US CPI keeps a lid near the 200-day EMA at 1.3410-1.3415.
Support: 1.3375, 1.3368, 1.3350
Resistance: 1.3390, 1.3402, 1.3415
What it said to watch
Reclaim of 1.33900 reopens the 1.34020 bounce zone
Loss of 1.33750 session low exposes 1.33680 then 1.33500
US PPI 12:30 UTC and UK GDP Fri 06:00 UTC could shift this read
04:31 UTC
Ranging, momentum flat · RSI 46 · price 1.33807
Tight consolidation above session low.
Cable spiked to 1.3421 during the prior NY session on the in-line US CPI USD dip, then faded to 1.3350 before bouncing. Asia session has gone quiet, consolidating in a tight 1.3375–1.3390 band on thin volume with RSI hovering near 46 and price pinned around the bounce fib 50% area; no setup in play.
Support: 1.33748, 1.33501
Resistance: 1.33916, 1.3421
What it said to watch
Close above 1.33916 reopens the 1.3421 day high
Loss of 1.33748 session low exposes 1.3350 swing low
US PPI 12:30 UTC and UK GDP Fri 06:00 UTC could break this range
04:31 UTC
Range, momentum flat · RSI 49 · price 1.33807
Rangebound after NY rejection, consolidating.
Cable spiked to 1.3421 during NY hours before being rejected and sliding to a 1.3350 session low, then recovered to 1.3390. Price is now coiling tightly near 1.3380 on thin Asian-session volume, no setup in play between 1.3375 and 1.3390.
Support: 1.3375, 1.3350, 1.3300
Resistance: 1.3390, 1.3415, 1.3421
What it said to watch
UK GDP at 06:00 UTC (f/c -0.1%) could break this consolidation
US PPI / jobless claims at 12:30 UTC is the next USD risk
Close above 1.3390 reopens the 1.3415 cap; loss of 1.3375 exposes 1.3350
04:16 UTC
Pullback, now ranging · RSI 47 · price 1.33793
Tight Asian range after retrace from highs.
Cable spiked to 1.34232 on the US CPI-driven USD dip, then retraced the full leg down to 1.33497 before a bounce to the 1.339 bounce high. Asia session now grinds in a tight 1.3375-1.3379 range, RSI mid-40s and ATR around 10 pips.
Support: 1.33748, 1.3367, 1.33497
Resistance: 1.33916, 1.3402, 1.34232
What it said to watch
Close above 1.33916 bounce high reopens the 1.34020 prior high
Loss of 1.33748 session low exposes 1.33670 then the 1.33497 swing low
US PPI 12:30 UTC could shift this read
04:16 UTC
Pullback, now consolidating · RSI 44 · price 1.33793
Tight range after retrace off session high.
Cable sold off from the 1.3421 session high through NY hours toward the 1.3350 swing low, then bounced to 1.3390 before drifting back to 1.3378. Now coiling in a tight, low-volume Asian range between 1.3375 and 1.3390 with RSI(14) flat in the mid-40s.
Support: 1.3375, 1.3350
Resistance: 1.3390, 1.3421
What it said to watch
UK GDP at 06:00 UTC (~2h) could break this Asian range either way
M15 close above 1.3390 reopens the 1.3421 session high
Loss of 1.3375 exposes the 1.3350 swing low
04:01 UTC
Consolidating after NY-driven pullback · RSI 44 · price 1.33783
Lower-high off 1.3423, ranging 1.3375-1.3390.
NY session spiked to 1.3423 on the in-line US CPI then faded, and Cable has bled lower through the Asian session to sit at 1.3378. Price is now coiling in a tight 1.3375-1.3390 band with the 1.339 swing high capping; ATR(14) has compressed to ~5 pips reflecting the quiet pre-London drift.
Support: 1.3368, 1.3350, 1.33497
Resistance: 1.3390, 1.3402, 1.34232
What it said to watch
Close below 1.3368 opens the 1.3350/1.33497 range low
Reclaim of 1.339 needed to negate the lower-high
US PPI 12:30 UTC could break the current compression
04:01 UTC
Downtrend off highs, momentum flat in Asia · RSI 43 · price 1.33783
Lower highs since 1.3421, tight Asian range.
Cable faded from the 1.339 swing high back toward 1.3378 and is now grinding in a tight, low-volatility Asian range with ATR(14) near 6 pips. Lower highs persist since the 1.3421 peak; price sits below EMA20/EMA50 with RSI mid-range, no setup in play.
Support: 1.3367, 1.33497, 1.3330
Resistance: 1.3390, 1.3402
What it said to watch
Loss of 1.33670 swing low opens the 1.33497 session low
Reclaim of 1.33900 needed to negate the lower-high sequence
US PPI at 12:30 UTC could break the Asian range
03:46 UTC
Rangebound, drifting lower in Asia · RSI 45 · price 1.33789
Lower highs off session high, holding above overnight low.
Cable spiked to a 1.3421 session high during NY hours then faded to an overnight low at 1.3350; the recovery stalled at 1.3390. Asia is drifting quietly lower near 1.3375 with RSI(14) neutral and ATR thin.
Support: 1.3375, 1.3368, 1.3350
Resistance: 1.3390, 1.3400, 1.3421
What it said to watch
M15 close below 1.3375 reopens 1.3350 overnight low
Reclaim of 1.3390 needed to challenge 1.34 round number
UK GDP at 06:00 UTC (~2h) could materially shift this read
03:46 UTC
Downtrend off overnight high, now flat · RSI 46 · price 1.33789
Lower highs, basing near 1.3378.
Asia session drifting after the overnight slide from 1.3421 to 1.3350, with the 1.3390 bounce high already faded. Pair now coiling 1.3375-1.3380, RSI(14) mid-range near 46 and ATR around 42 pips.
Support: 1.3367, 1.3350
Resistance: 1.3390, 1.3410, 1.3421
What it said to watch
Reclaim of 1.3390 bounce high reopens the 1.3410 prior high cap
Loss of 1.3367 swing low exposes the 1.3350 session low
UK GDP at 06:00 UTC could materially shift this read
Cable carved lower highs after the 1.3421 spike faded, with the Asian session drifting back toward the 1.33748 session low and RSI(14) flat in the mid-40s. The 1.339 bounce was rejected; price now sits below EMA20/50 heading into London.
Support: 1.33748, 1.3367, 1.33497
Resistance: 1.3390, 1.3400, 1.3421
What it said to watch
Close below 1.33748 confirms a lower low toward 1.33670
Reclaim of 1.339 negates the lower-high sequence
UK GDP Fri 06:00 UTC could materially shift this read
03:31 UTC
Downtrend, Asia drift lower · RSI 44 · price 1.33773
Lower highs after NY high faded.
NY spike to 1.3421 faded back through 1.3400; thin Asia hours are drifting lower after rejection at the 1.3390 session high, RSI(14) mid-40s. Price now leaning on 1.33770 with both EMAs overhead.
Support: 1.3367, 1.3350
Resistance: 1.3390, 1.3400
What it said to watch
Reclaim of 1.3390 session high would negate the lower-high sequence
Loss of 1.33670 swing low opens 1.3350 asia low
UK GDP MoM Fri 06:00 UTC could materially shift this read
Lower highs since NY spike, drifting into London open.
Cable spiked to 1.3421 on the soft US core CPI print yesterday then faded through NY, bleeding to the 1.3350 session low overnight. The Asian recovery stalled at 1.339 and price is drifting back to 1.3376 into the London open with RSI(14) mid-40s; lower-high structure intact below the 200-DEMA cap.
Support: 1.3367, 1.3350, 1.3330
Resistance: 1.3390, 1.34094, 1.3415
What it said to watch
Loss of 1.3350 session low exposes the 1.3300 pivot
Reclaim of 1.339 swing high needed to re-challenge the 200-dema
UK GDP Fri 06:00 UTC could materially shift this read
03:01 UTC
Down off NY high, bounce fading · RSI 49 · price 1.33793
Recovery from session low stalling below 1.339.
Cable sold off from the post-CPI NY high at 1.3421 into a session low of 1.335, then recovered to 1.339 where the bounce was rejected. Price is now fading back to 1.338 ahead of the London open, RSI(14) hovering near the midline with ATR around 9 pips.
Support: 1.3368, 1.33497
Resistance: 1.33916, 1.3400
What it said to watch
M15 close above 1.33916 reopens the 1.34000 round number
Consolidating below recent swing high after bounce from 1.3350.
Cable spiked to 1.3421 on the US CPI reaction then faded through the session, bottoming at 1.3350 before a recovery stalled at 1.3392. Price is now consolidating 1.3376–1.3390 in early Asia with RSI(14) flat near 49; the broader 1.3415/200-day cap remains untested.
Support: 1.33764, 1.3367, 1.33497
Resistance: 1.33916, 1.3404, 1.3421
What it said to watch
Reclaim of 1.33916 reopens the 1.3404 pivot and the 1.3415 cap
Loss of 1.33764 exposes 1.3367 then the 1.3350 swing low
Quiet Asia session: cable recovered from the 1.3355 session low back to 1.33916 before easing to 1.33784, now drifting in a thin 1.3367–1.3392 band. RSI(14) sits mid-range near 47 with ATR compressed to ~9 pips, reflecting low pre-data participation.
Support: 1.3367, 1.3355
Resistance: 1.33916, 1.3400
What it said to watch
M15 close above 1.33916 resumes the recovery toward the 1.3400 round number
Loss of 1.3367 reopens the 1.3355 session low
US PPI 12:30 UTC could shift the USD leg of this read
Lower highs from 1.3421, holding above 1.3350 low.
Cable was rejected near the 200-day EMA at 1.3421 earlier and sold through the session to 1.3350, then bounced to 1.3392 in Asia hours before stalling. Price now sits back at the 38.2% retrace around 1.3378, RSI(14) neutral near 47.
Support: 1.3367, 1.33497
Resistance: 1.33916, 1.3421
What it said to watch
Reclaim of 1.33916 needed to extend the bounce toward 1.34020
Loss of 1.33670 reopens the 1.33497 session low
London open in ~4h could expand the Asian range
02:31 UTC
Pullback within range · RSI 49 · price 1.33786
Recovery off session low, fading near 1.339.
Cable bounced from the session low at 1.335 back to 1.33916 before stalling and fading into thin Asia-session liquidity, now back at 1.33786. The recovery has retraced roughly half its range with momentum flat; price sits on EMA20 but below EMA50.
Support: 1.3367, 1.3350
Resistance: 1.33916, 1.3402
What it said to watch
Reclaim of 1.33916 reopens the path to 1.3402
Loss of 1.3367 exposes the 1.335 session low
US PPI 12:30 UTC and Fri UK GDP could shift this read
Rejected at 1.3421, bounce stalling below 200-DEMA.
Cable tagged 1.3421 and was rejected, then sold to 1.33497 before an Asia-session bounce into 1.339 that has since faded back to 1.33786. RSI(14) sits mid-range with the 200-DEMA cap at 1.3415 still untested on this leg.
Support: 1.3367, 1.33497
Resistance: 1.33916, 1.3415
What it said to watch
Loss of 1.33497 confirms a fresh lower low
Reclaim of 1.33916 reopens the 1.3415 200-DEMA cap
UK GDP Fri 06:00 UTC could shift the read materially
Higher lows since 1.3350, capped under session high.
Cable based out at the 1.3350 session low near London close and ground higher through Asia to tag 1.3392 before stalling; price now consolidating around 1.3382 with RSI(14) back to neutral. Move is corrective off the prior decline from 1.3421, with the 200-DEMA cap (~1.3410) still untested.
Support: 1.3367, 1.3350
Resistance: 1.33916, 1.3400
What it said to watch
Reclaim and close above 1.33916 reopens the path to the 1.34000 psych level
Loss of 1.3367 swing low exposes the 1.3350 session low again
UK GDP Fri 06:00 UTC can break this Asian range read
Higher lows into 1.339, capped under round number.
Cable based at 1.33500 in the Asia session, rallied to 1.33916 then faded back to 1.33822 with RSI cooling toward neutral. Recovery off the lows holds higher lows, but 1.339 capped the bounce and price is drifting back into mid-range.
Support: 1.3367, 1.3350
Resistance: 1.33916, 1.3400
What it said to watch
M15 close above 1.33916 opens the path to the 1.34000 round number
Loss of 1.33670 exposes the 1.33500 session low
UK GDP Fri 06:00 UTC is the next material catalyst for this read
02:01 UTC
Range-bound, bouncing off lows · RSI 53 · price 1.33856
Consolidation within 1.3350–1.3415, recovering off the base.
Asia session staged a recovery off the 1.3350 double-bottom base, lifting cable back to 1.339 before easing to 1.33856 as the session matured. The bounce follows yesterday's soft US core CPI which capped the dollar; RSI(14) has cooled back to neutral after the rebound. Price sits between the 1.33700 pivot and the 1.33916 session high.
Support: 1.3370, 1.3350
Resistance: 1.33916, 1.3400, 1.3421
What it said to watch
Close above 1.33916 opens the 1.3400 round-number / 200-DEMA cap
Loss of 1.3350 swing low exposes 1.3324
UK GDP MoM Fri 06:00 UTC could materially shift this read
02:01 UTC
Downtrend, recovering off lows · RSI 56 · price 1.33856
Bounce off 1.3350 swing low into mid-range.
Cable carved a rounded bottom off the 1.3350 swing low through the Asia session after the US CPI-driven slide from 1.3421, and has recovered to test the 1.3390 session high, where the last push stalled. RSI(14) sits mid-50s, neutral with room either way.
Support: 1.3367, 1.3350, 1.3330
Resistance: 1.33916, 1.3406, 1.3415
What it said to watch
M15 close above 1.3392 session high opens the path to 1.3406 then the 1.3415 200-dema cap
Loss of the 1.3350 swing low reopens the 1.3300 range floor
UK GDP Fri 06:00 UTC could materially shift this read
01:46 UTC
Recovering off lows, short-term up · RSI 61 · price 1.33884
Double bottom at 1.3350, retracing prior NY decline.
NY session sold cable from the 1.3423 session high down to a double bottom at 1.3350; the Asia session has retraced roughly 50% of that move back to 1.3388, RSI near 61. Price now sits at the 50% fib mid-point of the decline with the 1.3392 bounce high capping immediately above.
Support: 1.3350, 1.3367, 1.3300
Resistance: 1.3392, 1.3415, 1.3423
What it said to watch
Close above 1.3392 extends the recovery toward the 1.3415 200-dema
Loss of the 1.3350 double bottom exposes the 1.3300 range pivot
Cable carved a double bottom at 1.3350 through the Asia session and is recovering toward the session high at 1.3392, RSI(14) lifting to 58. The bounce follows the prior NY decline off the 1.3421 high where the 200-DEMA near 1.3400 capped the move.
Loss of 1.3350 double bottom exposes the 1.3300 pivot
UK GDP Fri 06:00 UTC could materially shift this read
01:31 UTC
Recovering off session low · RSI 60 · price 1.33894
Based at 1.3350, higher lows into Asia.
Cable sold through the London-NY session to a low at 1.3350, double-tapped it, then based and pushed back to 1.3390 into Asia hours with RSI(14) recovering toward 60. Price has reclaimed EMA20/EMA50; the 1.3400 (200-day region) cap is the next overhead test.
Support: 1.3350, 1.3367
Resistance: 1.3400, 1.34232
What it said to watch
M15 close above 1.3400 opens the path to the 1.34232 prior high
Loss of the 1.3350 session low exposes the 1.3300 pivot
UK GDP Fri 06:00 UTC is the next material risk for this read
01:16 UTC
Recovering off the lows after a NY pullback · RSI 61 · price 1.33858
Based around 1.3350, reclaiming the prior range.
Cable slid from the 1.3421 NY session high to a 1.3350 swing low, then carved a base and ground higher overnight; the last bar popped to 1.3386 on thin Asia volume, breaking the 1.3370 consolidation top. Price now sits near the 50% retrace of the CPI-driven decline with RSI(14) lifting through 60 and back above EMA20.
Support: 1.3370, 1.3350
Resistance: 1.3396, 1.3415, 1.3421
What it said to watch
Loss of 1.3350 swing low exposes 1.3300
Repeated rejection vs clean break of the 200-dema near 1.3415 (then 1.3421 ny high)
Double bottom at 1.335, recovering into mid-range.
After the NY-session rejection at the 200-DEMA near 1.3415 cable sold off to a double bottom at 1.335 (session low), then based around 1.33700 through Asia. Last bar pushed to 1.33858, parking price right at the 50% retrace of the decline with RSI(14) back near 58.
Support: 1.3370, 1.33497, 1.3330
Resistance: 1.3392, 1.3402, 1.3415
What it said to watch
Close above 1.33920 swing high opens 1.34020 prior high
Failure to hold 1.33700 base reopens the 1.335 session low
US PPI today 12:30 UTC and UK GDP Fri 06:00 UTC could materially shift this read
Cable sold off through the NY session from 1.3423, bottoming at 1.3350, with a brief bullish RSI divergence into the low. Asia has clawed back to 1.3371 on thin volume, reclaiming EMA20 but capped below the 1.3379 pivot.
Support: 1.33497, 1.33555
Resistance: 1.3379, 1.3390, 1.3402
What it said to watch
Reclaim of 1.3379 needed to challenge the 1.3390 supply zone
Loss of the 1.3350 swing low reopens downside toward 1.3300
UK GDP Fri 06:00 UTC could materially shift this read
Cable faded from the 1.3423 NY-session CPI spike in a clean lower-high sequence, basing twice near 1.33500 to form a double bottom. Asia hours are quiet, consolidating 1.3355–1.3371 with the 1.33710 session high capping the bounce; RSI(14) back to neutral.
Support: 1.3355, 1.3350
Resistance: 1.3371, 1.3379, 1.3392
What it said to watch
Reclaim of 1.33790 would break the descending lower-high sequence
Loss of 1.33500 confirms a lower low and reopens downside
Cable slid from the 1.3421 NY high to a 1.3350 base through thin late-Asia hours, with a double tap at 1.3350/1.3350 holding. Price has crept back to 1.3367, reclaiming the EMA20 but capped below the EMA50; volume is minimal on the current bar.
Support: 1.33497, 1.3355
Resistance: 1.3379, 1.3392
What it said to watch
M15 close back below 1.33497 confirms a fresh lower-low
Reclaim of 1.33790 needed to challenge the 1.33920 swing high
UK GDP Fri 06:00 UTC and US PPI 12:30 UTC could reset this range
Cable slid through the NY session from the CPI-driven 1.3421 high, the soft US core print fading into a steady drift lower. Asia double-bottomed near 1.3350 and price is recovering to 1.3368, but the chain of lower highs into 1.3390 still caps; ATR has compressed to ~8 pips in thin late-Asia trade.
Support: 1.3350, 1.3300
Resistance: 1.3390, 1.3415
What it said to watch
M15 close above 1.3390 breaks the lower-high sequence
Loss of 1.3350 double bottom exposes the 1.3300 pivot
UK GDP Fri 06:00 UTC could materially shift this read
NY session sold cable off the 1.3421 high down to a 1.3350 session low after being rejected at the 200-DEMA region; in-line US CPI kept the USD firm. Asia is bouncing modestly to 1.3368 on thin volume, RSI recovering toward neutral but price still under EMA20/50.
Support: 1.3350, 1.3300
Resistance: 1.3390, 1.3421
What it said to watch
Loss of 1.3350 session low exposes 1.3300 pivot
Reclaim of 1.3390 swing high needed to challenge the 1.3421 ny high
UK GDP Fri 06:00 UTC could materially shift this read
00:16 UTC
Downtrend, bounce off lows · RSI 45 · price 1.33679
Lower highs into a double bottom near 1.3350.
Cable trended down through the NY-to-Asia transition off the 1.3421 session high, printing a double bottom near 1.3350 where buyers stepped in twice. Asia hours saw a shallow recovery to 1.33679 on thin volume; price still sits below EMA20/EMA50 with ATR around 6 pips.
Support: 1.3350, 1.3330
Resistance: 1.3379, 1.3402, 1.3421
What it said to watch
M15 close below 1.3350 confirms a lower low and exposes 1.3330
Reclaim of 1.3379 needed to challenge the downtrend structure
UK GDP at 06:00 UTC Fri could materially shift this read
00:16 UTC
Downtrend, basing off lows · RSI 47 · price 1.33679
Lower highs from 1.3421, bounce off 1.3350 base.
Cable sold off from the 1.3421 NY peak through to a 1.3350 session low, where buyers stepped in twice to form a base. Thin Asian trade is grinding the bounce back to 1.33679, RSI(14) recovering toward neutral but price still under the descending sequence of lower highs.
Support: 1.33497, 1.3330
Resistance: 1.3379, 1.33945
What it said to watch
M15 close above 1.3379 breaks the lower-high sequence
Loss of 1.3350 reopens the 1.3300 pivot
UK GDP Fri 06:00 UTC could materially shift this read
00:01 UTC
Downtrend, bouncing off lows · RSI 46 · price 1.33657
Lower highs into a fresh session low, minor recovery.
NY session pushed cable to 1.34232 near the 200-EMA ceiling, was rejected and leaked back through 1.3400, then drifted to a 1.33497 low through thin Asia hours. A small bounce to 1.33657 is underway but price sits below EMA20/EMA50 with the lower-high sequence intact.
Support: 1.33497, 1.3355
Resistance: 1.33725, 1.3379, 1.3402
What it said to watch
M15 close above 1.33725 breaks the descending-high sequence
Failure to hold 1.33497 confirms a lower low
Thin Asia liquidity can exaggerate moves until London open
Cable trended lower from the NY-session 1.3423 high through to a thin Asia-session low at 1.3350, RSI lifting off oversold. A double bottom around 1.3350/1.3355 has held twice, with price now recovering toward 1.3366 but still under EMA20/50.
Support: 1.3350, 1.33549
Resistance: 1.33725, 1.33786
What it said to watch
M15 close back above 1.33725 needed to break the lower-high chain
Loss of 1.33500 confirms a fresh lower-low
US PPI 12:30 UTC could materially shift this read via the USD leg