Cable ground lower through NY hours from ~1.3438 to a 1.3404 session low, then settled into a tight 1.3406–1.3414 base on thin Asia-session volume. RSI(14) is mid-range with no extreme; price sits below EMA20/50 in a chain of lower highs.
Support: 1.34043, 1.34137
Resistance: 1.34185, 1.34331, 1.34443
What it said to watch
M15 close above 1.34331 breaks the lower-high chain
Loss of 1.34043 confirms downtrend continuation
UK CPI Wed 06:00 UTC is the larger structural lever ahead
Cable ground lower through the NY session after stalling below the 50-day cap, printing a session low at 1.34043. Price is now coiled in a tight 1.3406–1.3417 band on thin Asian-session volume, RSI(14) mid-40s with no momentum either way.
Support: 1.34043, 1.3400
Resistance: 1.34171, 1.3427
What it said to watch
Close below 1.34043 confirms a lower low and reopens the 1.3400 psych level
Reclaim of 1.34171 needed to break the consolidation higher
UK CPI Wed 06:00 UTC is the near-term lever and could reset this range
Cable ground lower through the London-NY sessions off the 1.3445 high, printing a session low at 1.3404 as the USD steadied off its 10-day lows. Price is now consolidating 1.3404-1.3416 in thin late-Asia trade, RSI(14) recovering from the mid-30s.
Support: 1.3404, 1.3400
Resistance: 1.3416, 1.3424, 1.3445
What it said to watch
M15 close below 1.3404 extends the lower-low sequence
Reclaim of 1.3416 then 1.3424 breaks the consolidation higher
UK CPI Wed 06:00 UTC is the near-term lever for this read
Cable bled lower through the NY session, printing a session low at 1.3406 as USD softened on the US-Iran risk-on theme yet GBP stayed capped. Price is flatlining near 1.3413 into the Asia open on thin volume, holding just under EMA20/50 with RSI(14) mid-40s — no momentum either way.
Support: 1.3406, 1.3408
Resistance: 1.3417, 1.3434, 1.3446
What it said to watch
Loss of 1.3406 confirms a fresh lower low
M15 close back above 1.3434 invalidates the downtrend read
Cable ground lower through the NY-to-Asia handover, slipping from 1.3450 to a session low at 1.34043 as the post-Iran-deal USD softness faded into position-squaring. Price is now coiling in a tight 1.3408–1.3412 range, RSI(14) recovering off its lows but still sub-40; EMA20/50 sit above and cap any bounce.
Support: 1.34043, 1.3400
Resistance: 1.34185, 1.34331, 1.34443
What it said to watch
Reclaim of 1.34185 would break the lower-high sequence
Loss of 1.34043 confirms continuation, exposing 1.3400
UK CPI Wed 06:00 UTC is the next major lever for this range
Cable bled ~55 pips off the 1.3460 area through the London-NY sessions and is now basing around 1.3410 in thin Asia trade. RSI(14) sits mid-40s with ATR compressing, price pinned below EMA20/50 as the 1.34043 session low holds.
Support: 1.34043, 1.3400
Resistance: 1.34185, 1.3427
What it said to watch
Break below 1.34043 confirms continuation toward the 1.3400 round number
M15 close above 1.34185 breaks the lower-high sequence
Lower highs, lower lows; consolidating at session lows.
Cable faded from the early 1.3460 10-day high through the NY session, printing a session low at 1.3404 as USD softness lost momentum into the late-day quiet. Price is now stalling around 1.3410 below EMA20/50, RSI(14) mid-40s with no extreme in play.
Support: 1.34043, 1.3400
Resistance: 1.3417, 1.3429, 1.34443
What it said to watch
M15 close below 1.3404 confirms continuation of the lower-low sequence toward 1.3400
Reclaim of 1.3437 would negate the intraday downside drift
UK CPI Wed 06:00 UTC is the swing factor that could override this read
Cable drifted lower through the NY-Asia transition, printing a fresh session low at 1.3404 before stabilising near 1.3410 on thin late-Asia volume. RSI(14) near 41, no extreme; lows at 1.3404/1.3406 held twice. UK CPI Wed is the swing factor and could override this intraday structure.
Support: 1.34043, 1.3400
Resistance: 1.3417, 1.3424, 1.3433
What it said to watch
M15 close below 1.3404 confirms a lower-low extension
Reclaim of 1.3417 needed to challenge the descending highs
UK CPI Wed 06:00 UTC could materially shift this read
Lower highs / lower lows, basing near session low.
NY session sold cable steadily from ~1.3444 into a session low at 1.34043 on USD-weakness flows; price is now consolidating in the 1.3406–1.3416 zone into the Asia open. RSI(14) in the mid-30s with no reversal signal yet, ATR ~6 pips reflecting the thin late-session conditions.
Support: 1.34043, 1.3400
Resistance: 1.34164, 1.34185
What it said to watch
M15 close back above 1.34164 breaks the lower-high chain
Loss of 1.34043 opens the 1.34000 round number
UK CPI Wed is the swing factor that could reset this read
Lower highs, lower lows; consolidating at session low.
Cable bled lower through the NY session — a chain of lower highs/lower lows off 1.3460 — and is now consolidating just above the 1.34043 session low in thin late hours. Price sits below EMA20/EMA50 with RSI(14) near 41, no fresh extension yet.
Support: 1.34043, 1.3400
Resistance: 1.34164, 1.3424, 1.3417
What it said to watch
A break below 1.34043 confirms continuation toward the 1.34000 round number
Reclaim of 1.34164 recent high would stall the lower-low sequence
UK CPI Wed 06:00 UTC is the next major swing factor for this read
Stair-step decline into session low, basing near 1.3410.
Cable ground lower through the NY-Asia transition, marking a fresh session low at 1.3404 before stalling around 1.3410. Sequence of lower highs holds intact and price sits below both EMA20 and EMA50; broader USD-soft tone hasn't lifted GBP off the lows in thin late-session trade.
Support: 1.3404, 1.3407
Resistance: 1.3417, 1.3431, 1.3444
What it said to watch
Close back above 1.3417 breaks the lower-high chain
Failure to hold 1.3404 confirms continuation of the lower-low sequence
UK CPI Wed 06:00 UTC is the swing factor that could override this intraday read
22:30 UTC
Downtrend, consolidating near lows · RSI 39 · price 1.3410
Lower highs, lower lows; basing at session low.
Cable ground lower through the NY session to a 1.3404 session low as the broader USD softness paused, now consolidating just above it near 1.3410. RSI(14) holds in the high-30s, no oversold extreme; price trades under both EMAs with the 1.3417 swing high capping the bounce.
Support: 1.3404, 1.3400
Resistance: 1.3417, 1.3445
What it said to watch
M15 close above 1.3417 breaks the lower-high chain
Failure to hold 1.3404 confirms a fresh lower-low
UK CPI Wed 06:00 UTC could materially shift this read
22:16 UTC
Downtrend, near session lows · RSI 41 · price 1.34106
Lower highs and lower lows into NY close.
Cable ground lower through the European and NY sessions, printing fresh session lows near 1.3406 with GBP capped below 1.35 as the USD steadied into the NY close. RSI(14) sits in the low-40s and price trades under EMA20/50 — a clean lower-high, lower-low chain with no reversal signal yet.
Support: 1.3406, 1.3400
Resistance: 1.3417, 1.3435
What it said to watch
M15 close below 1.3406 extends the lower-low sequence
Reclaim of 1.3417 then 1.3435 would break the descending structure
UK CPI Wed 06:00 UTC is the swing factor beyond this session
Cable ground lower through NY into Asia, sliding from the 1.3460 area to a fresh session low at 1.34043 before a shallow bounce to 1.34106. Lower-high/lower-low sequence intact; RSI(14) near 41, no oversold extreme yet.
Support: 1.34043, 1.3400
Resistance: 1.34185, 1.3429
What it said to watch
M15 close back above 1.34185 breaks the lower-high sequence
Loss of 1.34043 opens the 1.34000 psych level
UK CPI Wed 06:00 UTC could materially shift this read
Cable ground lower through the NY session in a clean lower-high chain, printing a session low at 1.34043 before a shallow bounce to 1.34115 as Asia opens. RSI(14) near 40 is cooling but not extreme; price holds below EMA20/50 with the 1.34180 swing capping the recovery.
Support: 1.34043, 1.3400
Resistance: 1.3418, 1.3434
What it said to watch
M15 close below 1.34043 confirms a fresh lower low, extending the downtrend
Reclaim of 1.34180 would break the descending resistance and stall the down-leg
Twin lows near 1.34050 holding keeps the double-bottom read alive
22:00 UTC
Downtrend, near session lows · RSI 37 · price 1.34115
Lower highs, fresh lows printed late NY.
Cable ground lower through the NY session into a fresh session low at 1.3404, tracking broad USD weakness on the US-Iran relief move, before stabilising just above the 1.3400 psych. RSI(14) near 37 — soft but not stretched; price holds below EMA20 and EMA50 with the lower-high chain intact.
Support: 1.34043, 1.3400
Resistance: 1.34235, 1.3434, 1.34443
What it said to watch
Loss of 1.3404 session low opens the 1.3400 psych
M15 close back above 1.3424 swing breaks the lower-high chain
Cable ground lower through the NY session to a fresh session low at 1.3404, extending a chain of lower highs from the 1.3444 session high. RSI(14) near 33 with volume thinning into the close; price pinned below EMA20/50 just above the 1.3400 round number.
Support: 1.34043, 1.3400
Resistance: 1.34185, 1.3429, 1.34443
What it said to watch
M15 close below 1.34000 extends the lower-low sequence
Reclaim of 1.34185 swing high needed to break the descending highs
UK CPI Wed 06:00 UTC is the next major driver for this read
Lower highs / lower lows, basing near session low.
Cable ground lower through the NY session in a chain of lower highs, posting a fresh session low at 1.34043 as USD weakness from the US-Iran deal failed to lift GBP back above 1.345. Price is now consolidating in a tight 1.3404–1.3412 band into the Asia open, RSI(14) flattening near 38 after the slide.
Support: 1.34043, 1.3400
Resistance: 1.34171, 1.34248, 1.34443
What it said to watch
M15 close back above 1.34171 breaks the descending highs and challenges the consolidation
Failure to hold 1.34043 confirms a fresh lower-low toward 1.3400
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC are the dominant near-term risks
Lower highs, lower lows; stalling near session low.
Cable bled lower through the NY session from the 1.3460 area, printing a session low at 1.34043 before steadying near 1.3410 in thin late-session trade. RSI(14) cooling near 38 with no oversold extreme; price holding below EMA20/50.
Support: 1.34043, 1.3400
Resistance: 1.34185, 1.34292
What it said to watch
Failure to hold 1.34043 confirms continuation of the lower-low sequence
Reclaim of 1.34185 would break the descending intraday highs
UK CPI Wed 06:00 UTC is the swing factor and could reset this read
21:31 UTC
Downtrend, slowing near lows · RSI 40 · price 1.34107
Lower highs, lower lows into session low.
Cable ground lower through the late-NY hours, breaking the 1.34185 swing and printing a session low at 1.34043 before stabilising near 1.34110. The slide came against a broadly soft USD backdrop (US-Iran relief), but GBP stayed capped under prior ranges with RSI(14) cooling toward 40.
Support: 1.34043, 1.3400
Resistance: 1.34185, 1.3429, 1.34443
What it said to watch
Reclaim of 1.34185 swing would break the chain of lower highs
Failure to hold 1.34043 session low opens 1.34000 round number
UK CPI Wed 06:00 UTC is the next major swing factor for this read
Cable spent the NY session grinding lower from the 1.3460 high to fresh session lows at 1.3404, a chain of lower highs through the day on broad USD softness post US-Iran deal. Price is basing just above 1.3404 with RSI(14) near 37; the bounce so far is shallow and capped under 1.3428.
Support: 1.34043, 1.3400
Resistance: 1.3428, 1.34443, 1.34608
What it said to watch
M15 close above 1.3428 breaks the lower-high chain
Failure to hold 1.3404 confirms continued lower lows toward 1.3400
UK CPI Wed 06:00 UTC is the swing factor and could reset this read
Late-NY drift lower: cable shed roughly 40 pips from the 1.3444 session high to a fresh low at 1.3404 as the USD held its 10-day-low recovery into the close. Price now sits at 1.3411 after a small bounce, RSI(14) near 39 — soft but not oversold. The slide tracks broad USD positioning ahead of FOMC and UK CPI rather than any released data this window.
Support: 1.3404, 1.3390
Resistance: 1.3418, 1.3429, 1.3444
What it said to watch
Reclaim of 1.3418 would stall the lower-high sequence
Loss of 1.3404 session low confirms continuation lower toward 1.3390
UK CPI Wed 06:00 UTC and FOMC are the dominant risk events for the next sessions
Lower highs and lower lows, session low under test.
Cable peeled off the 1.3460 area through the session as the post US-Iran USD-weakness bid faded, carving lower highs into the late NY hours and breaking below the 1.3420 shelf. Price is now pressing the 1.3406 session low with RSI(14) sub-35; 1.3400 is the next round-number reference below.
Support: 1.3406, 1.3400
Resistance: 1.34185, 1.3433
What it said to watch
M15 close below 1.3400 opens the path toward 1.3380
Reclaim of 1.34185 needed to ease the lower-high sequence
UK CPI Wed 06:00 UTC is the week's swing factor for this read
Cable bled lower through the NY session off the 1.3461 early high, printing a steady chain of lower highs and lower lows into a fresh session low at 1.3406. Price is now stalling in a tight 1.3406–1.3411 consolidation just above the round 1.3400 with RSI(14) near 32, soft but not oversold.
Support: 1.3406, 1.3400
Resistance: 1.3419, 1.3429, 1.34443
What it said to watch
Loss of 1.3406 opens the path toward the 1.3400 round number
Reclaim of 1.3419 would break the descending lower-high sequence
UK CPI Wed 06:00 UTC is the dominant catalyst for this pair
Cable drifted lower through the late NY session, breaking down from the 1.3425-1.3445 range to a fresh session low at 1.3406 as the post-deal USD-weakness bid faded. RSI(14) near 31 shows momentum stretched short but not yet extreme, with price pinned just above 1.3406.
Support: 1.3406, 1.3400
Resistance: 1.3428, 1.34443
What it said to watch
Reclaim of 1.3428 would break the lower-high sequence
Loss of 1.3406 opens the 1.3400 psych level
UK CPI Wed 06:00 UTC is the dominant near-term catalyst
Cable drifted lower through the late NY session, breaking to fresh lows near 1.3406 with price below EMA20 and EMA50. RSI(14) cooling into the mid-30s as the lower-high, lower-low sequence holds; supply capped each bounce around 1.3429.
Support: 1.3406, 1.3400
Resistance: 1.3417, 1.3429
What it said to watch
M15 close back above 1.34170 breaks the lower-high sequence
Loss of 1.34060 opens the path toward the 1.3400 round number
UK CPI Wed 06:00 UTC is the dominant near-term catalyst
Cable ground lower through the NY session, breaking the 1.34235 floor and printing a session low at 1.34075 as the post US-Iran USD-softness move stalled. Price is hugging the lows near 1.34110 with RSI(14) sub-40 and no bounce yet; EMA20/50 capping overhead.
Support: 1.34073, 1.3400
Resistance: 1.34235, 1.3433, 1.34443
What it said to watch
Reclaim above 1.34235 needed to ease the lower-high sequence
Close below 1.34000 round number extends the session decline
UK CPI Wed 06:00 UTC is the dominant catalyst that can reset this read
Cable rolled over through the NY session, printing a chain of lower highs from 1.3444 down to a fresh session low at 1.3408 as the USD-softness rally lost steam below 1.3500. Price is pressing the 1.3400 psych level with RSI(14) near 36, not yet oversold.
Support: 1.34075, 1.3400
Resistance: 1.34185, 1.3429
What it said to watch
M15 close below 1.3400 extends the lower-low sequence
Reclaim of 1.34185 needed to stall the down-leg
UK CPI Wed 06:00 UTC is the dominant risk for this pair
Lower highs and lower lows since stalling below 1.3460.
Cable drifted lower through the NY afternoon, sliding from repeated rejections below 1.3460 to a fresh session low at 1.3408 with RSI(14) near 32. Move fits the softer-USD backdrop fading into a quiet, range-bound grind ahead of midweek Fed/UK CPI risk.
Support: 1.34073, 1.3400
Resistance: 1.3429, 1.3444
What it said to watch
M15 close back above 1.34290 swing high negates the lower-low sequence
Failure to hold the 1.34073 session low opens the 1.34000 round number
UK CPI Wed and FOMC Wed are the dominant catalysts that could reset this read
20:16 UTC
Downtrend, momentum building lower · RSI 31 · price 1.34079
Lower highs, lower lows into session low.
Late NY session: cable slid from 1.3433 to a fresh session low at 1.34073, breaking below the 1.3413 shelf as the dollar firmed off its 10-day low. RSI(14) cooling toward oversold near 31, with price held below EMA20 and EMA50 through the decline.
Support: 1.3407, 1.3400
Resistance: 1.3433, 1.3446
What it said to watch
M15 close back above 1.3433 negates the lower-high sequence
Loss of 1.3400 extends the intraday lower-low chain
UK CPI Wed and FOMC Wed are the week's dominant catalysts, outside next-bar window
20:01 UTC
Downtrend, short-term · RSI 38 · price 1.3418
Lower highs, range break lower.
Cable drifted lower through the NY afternoon from the 1.3460 day high, breaking below the 1.3433 consolidation to a session low at 1.3413 before a shallow bounce to 1.3418. USD softness from the US-Iran deal has been the backdrop all day but gains stalled well under 1.35; RSI(14) sub-40 as sellers press the lows.
Support: 1.3413, 1.3400
Resistance: 1.3433, 1.3460
What it said to watch
Loss of 1.3413 opens the path toward 1.3400
M15 close back above 1.3433 negates the breakdown
UK CPI Wed is the dominant swing factor for the pair
Late NY session, cable bled from 1.3444 down to a session low at 1.3414 on broad USD relief stalling below 1.35; RSI(14) near 40, no oversold extreme. Last two bars ticked back to 1.3418 but the lower-high chain off 1.3444 still caps.
Support: 1.3414, 1.3400
Resistance: 1.3431, 1.3444
What it said to watch
M15 close below 1.3414 confirms a lower low and opens 1.3400
Reclaim of 1.3431 breaks the descending highs
UK CPI Wed 06:00 UTC is the dominant swing risk for this pair
19:46 UTC
Downtrend, fading from session high · RSI 39 · price 1.3416
Drifting off 1.3460 high, slipping below range floor.
NY session faded the 1.3460 10-day high, capped below 1.35, with cable grinding lower into the late-NY hours and slipping under the 1.3425 range floor to test the 1.3415 200-day SMA area. The move tracks broad USD softness after the US-Iran deal, but momentum has stalled at the figure with RSI(14) near 39.
Support: 1.3414, 1.3400
Resistance: 1.3435, 1.3460
What it said to watch
M15 close below 1.3400 confirms a lower low and extends the fade
Reclaim of 1.3435 reopens the 1.3460 session high
UK CPI Wed 06:00 UTC could materially shift this read
19:45 UTC
Downtrend, near session low · RSI 34 · price 1.3416
Lower highs into NY afternoon, range floor tested.
Cable bled lower through the NY afternoon from 1.3434 to a fresh session low at 1.3413 as the USD found minor footing, RSI(14) cooling into the low 30s. Price sits pinned below EMA20/50 with the 1.3460 10-day high now well above.
Support: 1.3413, 1.3400
Resistance: 1.3434, 1.3460
What it said to watch
M15 close below 1.3413 opens the path to 1.3400
Reclaim of 1.3434 needed to neutralise the lower-high sequence
UK CPI Wed 06:00 UTC is the dominant risk for this pair
19:30 UTC
Drifting lower, range breaking down · RSI 37 · price 1.34147
Lower highs, pressing session low.
Cable rolled over through the NY afternoon, slipping out of the 1.3425–1.3440 consolidation to a fresh session low at 1.34137, right on the 200-day SMA near 1.3415. RSF(14) is cooling toward 36 with price below both EMAs; the broader USD-soft tone (US-Iran deal) has stalled below 1.3460.
Support: 1.34137, 1.3415, 1.3400
Resistance: 1.3444, 1.34608
What it said to watch
Sustained M15 close below 1.34137 opens the path toward 1.3400
Reclaim of 1.3440 would negate the lower-high sequence
UK CPI Wed 06:00 UTC is the dominant near-term swing factor
Cable drifted off the 1.34608 session high through NY hours and broke the 1.34200 range floor, now testing the session low near 1.34137 with RSI(14) at 34. Move is part of USD softness on the US-Iran deal, but momentum is one-directional lower into the close.
Support: 1.34137, 1.34072
Resistance: 1.3429, 1.34399
What it said to watch
M15 close below 1.34137 confirms a fresh lower-low
Reclaim of 1.34290 would neutralise the intraday downtrend
Cable rolled over from the 1.3461 10-day high made earlier and has ground lower through late NY hours, now testing the session low near 1.3419 with RSI(14) sub-45. USD weakness on the US-Iran deal fuelled the prior rally, but momentum has stalled below 1.3446 and price sits under both EMAs.
Support: 1.3419, 1.3415, 1.3400
Resistance: 1.3434, 1.3446, 1.3461
What it said to watch
M15 close below 1.3415 (200-day sma) opens the path toward 1.3400
Reclaim of 1.3434 swing high would neutralise the lower-high sequence
UK CPI Wed 06:00 UTC is the dominant near-term risk for this read
19:16 UTC
Drifting lower off intraday high · RSI 40 · price 1.34202
Lower highs after rejection near 1.3460.
Cable was rejected near 1.3460 and has bled lower through the NY session, printing lower highs and now probing the session low at 1.34185. RSI(14) sub-40 and price below both EMAs confirms the soft tone, but moves are small with ATR around 6 pips.
Support: 1.34185, 1.3400
Resistance: 1.3433, 1.34443
What it said to watch
M15 close below 1.34185 confirms a lower low and opens 1.3400
Reclaim of 1.34330 swing high needed to challenge the 1.34443 session high
UK CPI Wed and FOMC Wed are the dominant risks into this read
19:01 UTC
Downtrend, lower highs · RSI 39 · price 1.34197
Descending off 1.3460 session high.
Cable has bled lower through the NY session off the 1.3460 high made earlier, printing a chain of lower highs as USD softness from the US-Iran deal stalled below 1.35. Price just broke the 1.3434 consolidation floor and is testing 1.3419, RSI(14) near 39 with price under both EMAs.
Support: 1.3419, 1.3408
Resistance: 1.3434, 1.34443, 1.34608
What it said to watch
M15 close back above 1.3434 negates the downside break
Loss of 1.3419 opens the path toward 1.3408
FOMC and UK CPI Wed could reset this intraday read
NY afternoon saw cable slide off the 1.3440 range top back toward the 1.3418 session low, breaking the intraday consolidation lower with RSI cooling near 40. USD stays soft on the US-Iran deal, but cable gains remain capped well below 1.35.
Support: 1.34182, 1.3400
Resistance: 1.3440, 1.3446
What it said to watch
M15 close back above 1.3440 negates the downside break
Cable faded from the 1.3460 day high through NY hours as the USD found a footing post US-Iran deal, printing a series of lower highs. Price now consolidates in a 1.3417–1.3440 range and is drifting toward the session low into the close, RSI mid-40s, ATR ~6 pips.
Support: 1.3417, 1.3340
Resistance: 1.3440, 1.3460
What it said to watch
M15 close below 1.3417 confirms a lower low and opens 1.3340
Reclaim of 1.3440 range top reopens the 1.3460 day high
UK CPI Wed 06:00 UTC is the swing factor for this read
18:46 UTC
Drifting lower within range · RSI 44 · price 1.34228
Ranging below session high, lower highs.
Late NY session drifting lower after stalling below the 1.34608 session high, with USD soft on the US-Iran deal. Cable is ranging roughly 1.3417-1.3444 with RSI(14) mid-band and price under EMA20/50; current close near 1.3423 sits in the lower half of the day's range on thin end-of-session volume.
Support: 1.34168, 1.3400
Resistance: 1.3444, 1.34608
What it said to watch
M15 close below 1.34168 confirms a lower low and opens 1.3400
Reclaim of 1.34440 reopens the 1.34608 session high
UK CPI Wed 06:00 UTC is the swing factor that could reframe this range
18:31 UTC
Pulled back from highs, now flat · RSI 44 · price 1.34288
Consolidating below session high, tight range.
Cable rallied to a 10-day high at 1.3460 on broad USD weakness post US-Iran deal, then faded and has gone flat near 1.3428, holding the 1.3425 range low. RSI(14) sits mid-40s with price under EMA20/50; rejection capped the move below the monthly 1.3500 high.
Support: 1.3425, 1.3415, 1.3402
Resistance: 1.3440, 1.34608
What it said to watch
M15 close below 1.3425 range low opens 1.3415 200d sma
Reclaim of 1.3440 intraday hi reopens 1.3460 session high
UK CPI Wed and FOMC Wed could materially shift this read
18:31 UTC
Pullback from highs, now flat · RSI 48 · price 1.34288
Tight consolidation under 1.3440 after retreat from 1.3460.
Cable rejected the 1.3460 10-day high during NY hours and faded back, now coiling tightly around 1.3429 with ATR compressed late in the session. Price sits right on the 50% retrace of the early-day 1.3398–1.3460 push; RSI neutral near 48.
Support: 1.34238, 1.34182
Resistance: 1.3439, 1.34541, 1.34608
What it said to watch
M15 close above 1.34390 reopens the 1.3454 session high
Loss of 1.34182 confirms a lower low
UK CPI Wed and FOMC Wed could materially shift this read
18:16 UTC
Range after rally, drifting · RSI 47 · price 1.34286
Consolidating below faded session high.
Cable spiked to a 10-day high at 1.3460 on the US-Iran-driven USD selloff, then drifted back to consolidate tightly around 1.3428, sitting near the 50% retrace of that rally. Late-session volume is thin and price is pinned between 1.3420 and 1.3440 with no momentum either way.
Support: 1.3420, 1.3415
Resistance: 1.3440, 1.3460
What it said to watch
M15 close above 1.3440 reopens the 1.3460 session high
Break below 1.3415 (200d sma) confirms a lower low
UK CPI Wed 06:00 UTC is the swing factor for the range
18:15 UTC
Pullback, now ranging · RSI 46 · price 1.34286
Range after pullback from session high.
Cable rallied to a session high at 1.3460 on broad USD softness post US-Iran deal, then faded into a 1.3417-1.3440 range. Late-NY drift around 1.3428 with thin volume and RSI(14) flat in the mid-40s — no setup in play.
Support: 1.34168, 1.34038
Resistance: 1.3440, 1.34608
What it said to watch
M15 close above 1.3440 reopens the 1.3460 session high
Loss of 1.3417 confirms a lower-low and exposes 1.3404
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC are the week's swing factors
Cable's NY-session push to 1.34443 was rejected and price has drifted back to 1.3428, holding the upper half of a tight intraday range with USD soft after the US-Iran deal. Capped well below the 1.3460 session high; RSI(14) sits mid-range near 47 with price under EMA20/50.
Support: 1.3424, 1.34168, 1.3400
Resistance: 1.34443, 1.34608
What it said to watch
M15 close above 1.34443 swing high reopens the 1.3460 session high
Loss of 1.34240 range low exposes the 1.34168 swing low
UK CPI Wed and FOMC Wed could materially shift this read
18:01 UTC
Rangebound after pullback from highs · RSI 46 · price 1.34278
Consolidating below session high, lower highs into the close.
Cable faded from the session high at 1.34608 — driven by broad USD weakness on the US-Iran deal — and is now grinding sideways in a 1.3417–1.3444 band, RSI mid-40s, ATR ~6 pips. Lower highs since the 1.3460 rejection, price holding under EMA20/50 into the NY afternoon.
Support: 1.3417, 1.3400
Resistance: 1.3444, 1.34608
What it said to watch
M15 close above 1.3444 reopens the path to 1.34608 session high
Loss of 1.3417 swing low confirms a lower-low and breaks the range
UK CPI Wed 06:00 UTC is the swing factor for the next directional leg
Consolidating below 1.3442 after rejection at 1.3461.
Cable rejected the 1.3461 session high earlier and has since drifted into a tight 1.3424-1.3442 range during NY hours, price now 1.34277 below EMA20/50. RSI(14) near 46, no momentum extreme; broader USD-soft tone capping below 1.35 ahead of Wed CPI/FOMC.
Support: 1.34238, 1.34168
Resistance: 1.3442, 1.34608
What it said to watch
M15 close below 1.3424 exposes the 1.3417 swing low
Reclaim of 1.3442 reopens the 1.3461 session high
UK CPI and FOMC Wed sit outside this window but frame the broader range
17:45 UTC
Range, drifting off session high · RSI 47 · price 1.34277
Consolidation between 1.3418 and 1.3445.
Cable is ranging 1.3418–1.3445 through the NY session after rejecting the 1.3446 session high, with RSI(14) flat near 46. Gains stay capped well below the 1.3500 monthly high as the market waits on UK CPI and the FOMC on Wed.
Support: 1.34182, 1.34038
Resistance: 1.34443, 1.34608
What it said to watch
M15 close above 1.3445 reopens the 1.3461–1.3500 zone
Break below 1.3418 confirms a lower low toward 1.3404
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could break this range
17:31 UTC
Range, drifting lower off session high · RSI 47 · price 1.34286
Consolidation under 1.3440 after pullback from 1.3460.
Cable rallied through the London session to a high of 1.34608 on broad USD weakness after the US-Iran deal, then faded into a 1.3420-1.3440 range; price now sits mid-range at 1.34286, below EMA20/50. Gains remain capped well below the 1.35 monthly high with RSI(14) neutral near 47.
Support: 1.34238, 1.34168
Resistance: 1.3440, 1.34608
What it said to watch
M15 close above 1.34400 reopens the path to the 1.34608 session high
Loss of 1.34168 confirms a lower low and breaks the range floor
UK CPI (Wed) and FOMC (Wed) could materially shift this read
Cable topped at the 1.34608 session high in early NY then faded into a tight 1.3417–1.3444 range, now mid-range at 1.34286 with RSI(14) neutral near 48. USD remains soft on the US-Iran deal but gains are capped below 1.35; no setup in play ahead of Wed UK CPI.
Support: 1.34225, 1.34168
Resistance: 1.34443, 1.34608
What it said to watch
M15 close below 1.3417 confirms a lower low and breaks the range floor
Reclaim of 1.3444 swing high reopens the 1.34608 session high
UK CPI Wed 06:00 UTC is the dominant swing factor for this read
17:16 UTC
Pullback after session-high rejection · RSI 45 · price 1.3429
Ranging below 1.3460, lower highs.
Cable was rejected at the 1.3460 session high and has drifted into a 1.3418-1.3445 range through NY hours, RSI(14) hovering mid-40s. USD softness on the US-Iran deal lifted the pair to a 10-day high earlier but gains stalled below 1.35; no setup in play.
Support: 1.3418, 1.3400
Resistance: 1.3445, 1.3460
What it said to watch
M15 close above 1.3445 range top reopens the 1.3460 session high
Failure to hold 1.3418 swing low confirms a lower low toward 1.3400 psych
UK CPI Wed 06:00 UTC is the swing factor for this read
Cable rejected the 1.3460 10-day high (USD soft on the US-Iran deal) and has drifted back into a 1.3417–1.3445 range through NY hours, sitting near the 50% retrace of the prior rally. RSI(14) mid-40s, momentum flat with price under both EMAs.
Support: 1.3417, 1.3415
Resistance: 1.3445, 1.3460
What it said to watch
M15 close below 1.3415 200-day sma confirms a lower-low and opens 1.3300
Close above 1.3445 recent high reopens the 1.3460 10-day high
UK CPI Wed 06:00 UTC is the swing factor for this range
17:01 UTC
Range, drifting lower · RSI 44 · price 1.34257
Rangebound below session high, holding 61.8% fib.
Cable stalled below the 1.3460 session high earlier and has since drifted into a 1.3424–1.3444 range during NY afternoon, the broader USD-soft tone keeping it near 10-day highs. Price sits right on the 61.8% retrace of the post-gap rally at 1.3426, RSI(14) neutral near 44. Wednesday's UK CPI is the swing factor and the reason the upside is capped.
Support: 1.3418, 1.3424
Resistance: 1.3444, 1.3460
What it said to watch
M15 close below 1.3418 confirms a lower low and breaks the range
Reclaim of 1.3444 reopens the 1.3460 session high
UK CPI Wed 06:00 UTC could materially shift this read
Cable stalled below 1.3445 in NY hours and slipped back into the 1.3420s, riding broad USD weakness after the US-Iran deal but capped well short of the 1.3500 region. Price sits under EMA20/50 with RSI(14) mid-40s; no momentum either way as the 1.3420–1.3445 range holds.
Support: 1.34225, 1.34168
Resistance: 1.34443, 1.34608
What it said to watch
Loss of 1.3417 session low confirms a lower-low
Reclaim of 1.3445 swing high reopens the 1.3460 day high
UK CPI Wed 06:00 UTC is the week's swing factor for this read
16:46 UTC
Pulled back from session high, now ranging · RSI 47 · price 1.34326
Range after rejection of 1.3460 high.
Cable spiked to a session high at 1.34608 earlier on USD softness (US-Iran risk-on) then faded into a 1.3417–1.3444 range; price now sits mid-range near 1.3433 in NY afternoon with RSI(14) neutral. No directional structure in play below the range top.
Support: 1.34238, 1.34168
Resistance: 1.34443, 1.34608
What it said to watch
M15 close above 1.34443 reopens the 1.34608 session high
Loss of 1.34168 confirms a lower low and breaks the range base
UK CPI and FOMC Wed are the dominant catalysts ahead — range likely holds until then
Pulled back into range after double top at 1.3460.
Cable spiked to a 10-day high near 1.3460 on broad USD softness (US-Iran risk-on, DXY at 10-day lows), printing a double top before fading into a 1.3420–1.3444 range through the NY session. Price now sits at 1.34326, RSI(14) flat near 49 and below both EMAs; the swing-high at 1.34443 caps and 1.3420 swing low / 200-dma at 1.3415 underpin.
Support: 1.3420, 1.3415, 1.3400
Resistance: 1.34443, 1.3460
What it said to watch
M15 close above 1.34443 swing high reopens the 1.3460 double top
Loss of 1.3420 swing low exposes the 200-dma at 1.3415
UK CPI and FOMC Wed are the dominant catalysts and can void this range read
16:31 UTC
Range, no clear momentum · RSI 47 · price 1.34292
Ranging below session high, mid-range.
Cable is ranging in NY hours below the 1.3460 session cap after fading the earlier USD-softness pop tied to the US-Iran risk-on move. Price probed the 1.3417 200-DMA twice, recovered to 1.3444, and now sits mid-range near 1.3429 with RSI(14) neutral.
Support: 1.3417, 1.34225
Resistance: 1.34443, 1.34608
What it said to watch
M15 close above 1.3444 reopens the 1.3460 range cap
Cable rallied to a 10-day high near 1.3460 on USD softness from the US-Iran risk-on move, but rejected the 1.3500/50-DMA cap and has drifted into a 1.3424-1.3444 range through late NY. RSI(14) near 45, price below EMA20/50; no clear setup in play as it consolidates below the session high.
Support: 1.34238, 1.34168, 1.34072
Resistance: 1.34443, 1.34608, 1.3469
What it said to watch
Close below 1.3424 session low opens 1.3417/1.3407
Reclaim of 1.3444 needed to retest the 1.3460 session high
UK CPI Wed 06:00 GMT and US Fed Wed are the dominant near-term catalysts
Cable hit a 10-day high near 1.3460 on USD softness before fading into a tight NY-afternoon range. Rejection at 1.3444 sent price back to 1.3425, holding above the 1.3420 swing-low band; RSI(14) mid-40s, no momentum extreme.
Support: 1.3420, 1.3415
Resistance: 1.3444, 1.3460
What it said to watch
Close below 1.3415 (200-DMA) opens the 1.33s
Reclaim of 1.3444 reopens the 1.3460 10-day high
UK CPI and FOMC Wed are the dominant catalysts for this pair
16:15 UTC
Rangebound, pulling off session high · RSI 44 · price 1.34249
Ranging below 1.3460 rejection.
Cable popped to a 10-day high near 1.3460 on USD softness after the US-Iran risk-on move, then was rejected and has drifted back toward the 200-DMA zone at 1.3415. Price now sits mid-range around 1.3425, below EMA20/50 with RSI(14) in the low 40s — no clean directional structure in play.
Support: 1.3417, 1.3400
Resistance: 1.3440, 1.3460
What it said to watch
M15 close below 1.3417 confirms a lower-low and opens the 1.3400 handle
Reclaim of 1.3440 puts the 1.3460 session high back in focus
UK CPI and FOMC Wed are the dominant catalysts that will reset this range
16:01 UTC
Range after rejection of session high · RSI 46 · price 1.34269
Consolidation 1.3418-1.3460, lower highs from 1.3460.
Cable rallied off the weekly open near 1.3398 to a 10-day high at 1.3460 on broad USD softness post US-Iran deal, then faded and has consolidated between 1.3418 and 1.3444 through the NY session. Price now sits at 1.3427 below EMA20/50 with RSI near 46 — sequence of lower highs since the 1.3460 rejection.
Support: 1.34182, 1.3415, 1.3407
Resistance: 1.34443, 1.34608
What it said to watch
M15 close above 1.3444 reopens the 1.3460 session high
Loss of 1.3418 swing low exposes the 1.3415 200-dma
UK CPI and FOMC Wed are the dominant near-term catalysts
16:00 UTC
Range, recent push faded · RSI 47 · price 1.34269
Ranging below 1.3444, pullback in progress.
Cable's USD-led rally stalled at the 1.34608 session high earlier and has since chopped in a 1.34168–1.34443 band. NY afternoon saw a push to 1.34443 rejected, with price now back at 1.34269 near the 61.8% retrace of that leg, RSI(14) mid-range. The broader move was driven by USD softness on the US-Iran risk-on, but Cable remains capped below 1.3500.
Support: 1.34168, 1.34225
Resistance: 1.34443, 1.34608
What it said to watch
M15 close above 1.34443 reopens the 1.34608 session high
Failure to hold 1.34168 confirms a lower-low and breaks the range
US Fed + UK CPI Wed are the dominant catalysts ahead
Cable rallied to a 10-day high at 1.3460 on USD softness, then drifted into a 1.3417–1.3460 range through NY hours. Price is recovering off the 1.3417 swing low and now sits near the 50% retrace of the pullback at 1.3439; rejection capped the move at the session high.
Support: 1.3428, 1.34168, 1.3400
Resistance: 1.3450, 1.34608
What it said to watch
M15 close above 1.3460 reopens the path toward 1.3500
Loss of 1.3417 confirms a lower low and shifts the range read
UK CPI and FOMC Wed are the dominant catalysts ahead
Cable is ranging roughly 1.3417-1.3461 through NY hours after a USD-led pop to 10-day highs, capped well below the 1.3500 monthly cap. Price has recovered off the 1.3417 range low and sits mid-range near 1.3436 with RSI neutral.
Support: 1.3428, 1.34168
Resistance: 1.3446, 1.34608
What it said to watch
Reclaim and close above 1.3446 swing high reopens the 1.3461 session high
Loss of 1.3417 range low confirms a lower-low and shifts the read lower
US Fed + UK CPI Wed are the dominant catalysts that could break this range
Cable holds a tight NY-session range after bouncing off the 1.3417 swing low, reclaiming the EMA20 near 1.3431 — move is USD-led on the US-Iran risk-on theme. Price stalled at 1.3444 and remains capped well below the 1.3460 session high, RSI(14) neutral mid-50s.
Support: 1.34168, 1.3428
Resistance: 1.34443, 1.34608
What it said to watch
M15 close above 1.34443 reopens the 1.34608 session high
Failure to hold 1.34168 confirms a lower-low and breaks the range floor
UK CPI and FOMC Wed are the dominant catalysts beyond this window
15:30 UTC
Range, mild upward drift · RSI 55 · price 1.34361
Ranging mid-range after rotation off intraday low.
Cable is rotating mid-range in the NY session after rallying to a 10-day high near 1.3460 earlier on USD softness from the US-Iran risk-on move. Price recovered off the 1.3417 swing low into 1.3444 and sits at 1.3436, RSI(14) neutral near 55 with no extension. Range between 1.3417 and 1.3444 still intact, no setup in play.
Support: 1.34275, 1.34168, 1.34073
Resistance: 1.34443, 1.34608
What it said to watch
M15 close above 1.3444 session high reopens the path to the 1.3460 10-day high
Loss of the 1.3417 swing low confirms a lower-low and exposes 1.3407 range low
UK CPI Wed and FOMC Wed are the dominant catalysts and could override this intraday read
15:16 UTC
Range, recovering off lows · RSI 53 · price 1.34382
Ranging below session high, twin lows held.
NY afternoon: Cable is ranging 1.3417–1.3461 after the USD-led push to a 10-day high faded; the US-Iran risk-on bid in the dollar kept rallies capped below 1.3500. Demand stepped in twice near 1.3417 and price is back mid-range ~1.3438 with RSI neutral around 53.
Support: 1.34168, 1.3415
Resistance: 1.34443, 1.34608, 1.3469
What it said to watch
Close above 1.3445 then 1.3461 opens the 50-DMA cap at 1.3469
Failure to hold 1.3417 confirms a lower low toward the 200-DMA at 1.3415
FOMC and UK CPI Wed are the dominant catalysts ahead
15:16 UTC
Range, recovering off the lows · RSI 55 · price 1.34382
Double base near 1.3417, capped below 1.3460.
Cable popped to a 10-day high at 1.3460 on USD softness, then faded through the session to a 1.3417 double bottom where buyers stepped in twice. Price is back near the 50% retrace at 1.3438, RSI(14) mid-range; the 1.34443 recent high is the immediate cap.
Support: 1.34168, 1.3403
Resistance: 1.34443, 1.34608
What it said to watch
M15 close above 1.34443 opens the path back to the 1.3460 10-day high
Loss of the 1.34168 double bottom confirms a fresh lower low
UK CPI and FOMC Wed are the dominant catalysts for the next sessions
15:01 UTC
Range-bound, basing after pullback · RSI 52 · price 1.34367
Rejection off 1.346, holding mid-range.
NY session: Cable popped to a 2-day high at 1.34608 on USD softness (US-Iran risk-on), got rejected, then drifted into a 1.342–1.344 range and is now basing near 1.34367. RSI(14) mid-zone, no momentum extreme; recovery off the 1.34168 intraday low has carved a string of higher lows.
Support: 1.3428, 1.34168
Resistance: 1.3442, 1.34608
What it said to watch
Close above 1.34420 reopens the 1.34608 high
Loss of 1.34168 confirms a lower low
UK CPI and FOMC Wed are the dominant catalysts ahead
Cable consolidating near 1.3437 after fading from the session high at 1.3461, the broader leg USD-led on risk-on flows. Range holds between 1.3417 support and the 1.3461 high through NY hours, RSI(14) neutral near 53 with a chain of higher lows building off 1.3417.
Support: 1.34168, 1.34275
Resistance: 1.3442, 1.34608
What it said to watch
M15 close below 1.3417 confirms a lower low and reopens 1.3400
M15 close above 1.3461 resumes the intraday rally
UK CPI and US Fed Wed could materially shift this read
Cable rallied to a 10-day high near 1.3461 during London on USD softness post US-Iran deal, then faded into the NY session and is now chopping around 1.3432, sitting on EMA20. Range top 1.3446 capped the last push; buyers stepped in twice at 1.3417 to hold the floor.
Support: 1.34168, 1.3428
Resistance: 1.34395, 1.3446, 1.34608
What it said to watch
M15 close above 1.34460 reopens the 1.34608 high
Loss of 1.34168 confirms a lower-low and breaks the range floor
FOMC and UK CPI Wed are the dominant catalysts ahead
14:46 UTC
Pullback within intraday range · RSI 52 · price 1.34321
Faded from session high, consolidating mid-range.
Cable rallied to a 10-day high near 1.34608 on USD softness (US-Iran risk-on) before fading through the NY session to base around 1.34168. Price is now consolidating mid-range near 1.34320, capped on bounces toward 1.34420 with RSI(14) flat near 50.
Support: 1.34215, 1.34168
Resistance: 1.3442, 1.34608
What it said to watch
M15 close above 1.34420 reopens the 1.34608 session high
Failure to hold 1.34168 confirms a lower-low
UK CPI and US FOMC Wed are the dominant catalysts that could break this range
Consolidation below 1.3460 cap, higher lows from 1.3417.
Cable rallied to a 10-day high at 1.3460 on USD softness then faded into NY hours, basing twice near 1.3417 before recovering to 1.34367. RSI(14) mid-range; price ranging between 1.3417 and the 1.3460 cap with no clean break in play.
Support: 1.34168, 1.3408
Resistance: 1.3440, 1.34608
What it said to watch
M15 close above 1.3440 reopens the 1.3460 session high
Failure to hold 1.3417 confirms a lower-low and exposes 1.3408
US Fed and UK CPI Wed are the dominant catalysts that could break this range
Lower highs from 1.3461, double bottom near 1.3417.
London pushed Cable to a session high near 1.3461 before NY hours faded it to 1.3417 on broad USD softness from the US-Iran risk-on bid. Price has based twice around 1.3417 and recovered to 1.3437; the falling highs from 1.3461 still cap, leaving price mid-range below the 50-DMA region.
Support: 1.3417, 1.3428
Resistance: 1.3442, 1.3454, 1.34608
What it said to watch
Close below 1.3417 confirms a lower low and opens 1.3400
Close above 1.3442 recent high reopens 1.3454 swing high
US Fed and UK CPI Wed are the dominant catalysts ahead
Cable rallied to a 10-day, USD-led session high near 1.3461 on US-Iran risk-on, then faded to 1.3417 and is now chopping 1.3417–1.3440. RSI(14) back near neutral; price sits above EMA20 but capped under EMA50 with no clean directional structure.
Support: 1.34168, 1.3428
Resistance: 1.34395, 1.34608
What it said to watch
M15 close above 1.34395 reopens the 1.34608 session high
Loss of 1.34168 confirms a lower low and extends the pullback
UK CPI and US FOMC Wed are the dominant catalysts for this pair
Cable rallied to a 10-day high near 1.3460 on USD softness (US-Iran risk-on) but was rejected, fading through NY into 1.3417 where buyers stepped in. Price is now consolidating mid-range around 1.3434 with RSI neutral near 53; the 1.3460 cap and 1.3415 floor (200-DMA) frame the session.
Support: 1.3417, 1.3415
Resistance: 1.3439, 1.3460
What it said to watch
M15 close above 1.3439 reopens the path to the 1.3460 session high
Loss of 1.3415 confirms a lower-low and exposes the 1.33s
US Fed + UK CPI Wed are the dominant catalysts ahead, not imminent next bar
Double top ~1.3460, double bottom ~1.3417, recovery in progress.
Cable faded from a 10-day/session high near 1.3460 (USD-led, US-Iran risk-on softening the dollar) through the NY afternoon, but buyers stepped in twice around 1.3417 to form a double bottom. Price has retraced to ~1.3433, holding the 38.2% of the decline with RSI back near mid-range.
Support: 1.34168, 1.3400
Resistance: 1.3440, 1.34608
What it said to watch
Close above 1.3440 pivot opens the path back to the 1.3460 session high
Failure to hold the 1.3417 double bottom confirms a lower low toward 1.3400 psych
FOMC and UK CPI Wed are the dominant near-term catalysts for this read
14:01 UTC
Range, drift higher off base · RSI 53 · price 1.34331
Post-open rally faded, holding above 1.3417 base.
Cable spiked to a session high of 1.34608 on USD softness after the US-Iran headlines, then bled lower through the session to test 1.3417 twice before recovering toward 1.3439. Price now sits mid-range near 1.3433 with RSI(14) neutral around 53; range base at 1.3417 and the 1.34608 high cap the picture.
Support: 1.34182, 1.3415
Resistance: 1.34389, 1.34608
What it said to watch
M15 close below 1.34182 confirms a lower-low and exposes 1.3415
Reclaim of 1.34389 reopens the path back toward the 1.34608 session high
UK CPI and FOMC mid-week are the dominant catalysts ahead
13:46 UTC
Range, recovering off lows · RSI 57 · price 1.34374
Intraday range 1.3417–1.3460, price mid-range.
Cable bounced off a session low near 1.3417 — a near-match of the earlier 1.3418 low — and clawed back toward the middle of its 1.3417–1.3460 range, RSI(14) rebounding to the high-50s. The broader bid reflects USD softness on US-Iran risk-on, but rallies stay capped below 1.3460 with price still inside its multi-day range.
Support: 1.3423, 1.34168
Resistance: 1.3446, 1.34608
What it said to watch
M15 close above 1.3460 reopens the path to 1.3500
Loss of 1.34168 confirms a lower low and breaks the range floor
UK CPI Wed 06:00 GMT and FOMC Wed 18:00 UTC are the dominant near-term catalysts
13:46 UTC
Range, recovering off lows · RSI 55 · price 1.34374
Faded from session high, mid-range bounce.
Cable rallied into the London session to a 1.34608 session high on broad USD softness, then faded to 1.34168 before buyers stepped back in; price now mid-range near 1.34374. Move is USD-led and capped well below the 1.3500 monthly cap.
Support: 1.34168, 1.3428
Resistance: 1.3450, 1.34608
What it said to watch
Close below 1.34168 confirms a lower low and reopens 1.3400
Reclaim of 1.34500 puts the 1.34608 session high back in play
UK CPI and FOMC Wed are the dominant catalysts and could reset this read
GBPUSD twice rejected near 1.3460 forming a double top, then pulled back to 1.3417 where buyers stepped in. Price is recovering to 1.3436 in NY hours; the broader move is USD-led after the Iran ceasefire drained haven demand, with Cable still capped below the 1.3500 monthly high.
Support: 1.34168, 1.3428
Resistance: 1.3450, 1.34608
What it said to watch
Reclaim of 1.34500 reopens the 1.3460 session high
Failure to hold 1.34168 confirms a lower low
FOMC and UK CPI Wed could materially shift this read
Cable rallied to a 10-day high at 1.34608 early in the window on broad USD softness post US-Iran risk-on, then pulled back through the NY session to a double-bottom base near 1.3417. Last few bars are recovering toward 1.3436 with RSI back near mid-range; lower-high resistance still caps overhead.
Support: 1.34168, 1.3428
Resistance: 1.3446, 1.34608
What it said to watch
M15 close above 1.34460 reopens the 1.34608 session high
Failure to hold 1.34168 confirms a fresh lower low
Lower highs from 1.3461, consolidating above swing low.
Cable spiked to a 10-day, session high at 1.34608 on USD softness (US-Iran risk-on), then drifted lower through NY hours into a string of lower highs. Now consolidating 1.3417–1.3434 just under EMA50; RSI(14) mid-range near 45 with no momentum extreme.
Support: 1.34168, 1.3400
Resistance: 1.34358, 1.34476, 1.34608
What it said to watch
Loss of 1.34168 swing low confirms a fresh lower-low and opens 1.3400 psych
Reclaim of 1.34358 minor high would break the lower-high sequence
US Industrial Production (13:15 UTC) could shift USD and this read
13:16 UTC
Intraday downtrend off session high · RSI 47 · price 1.34286
Lower highs since London peak, basing near 1.3417.
Cable peaked twice near 1.3460 in the London session on USD softness (US-Iran risk-on), then carved lower highs into NY, sliding to a 1.3417 session low. A modest bounce to 1.3429 is underway, but price remains below the 1.3434 lower-high and below EMA50.
Support: 1.34168, 1.34232
Resistance: 1.34339, 1.3446, 1.34608
What it said to watch
M15 close above 1.3434 breaks the lower-high sequence
Failure to hold 1.3417 opens the 1.3415 area below
FOMC and UK CPI Wed are the dominant catalysts for the next sessions
13:01 UTC
Pullback from session high, near-term down · RSI 41 · price 1.34255
Lower highs, lower lows off 1.3460.
Cable tagged a 10-day high near 1.3460 on USD softness from the US-Iran risk-on move, then faded through NY hours in a clean chain of lower highs and lower lows back to 1.34255. Price now sits below EMA20/50 with RSI(14) around 41; demand last stepped in near 1.3417.
Support: 1.3417, 1.3400
Resistance: 1.3432, 1.3460
What it said to watch
M15 close below 1.3417 opens 1.3400 and the 200-DMA zone near 1.3415
Reclaim of 1.3432 needed to break the lower-high sequence
UK CPI and FOMC Wed are the dominant catalysts for this pair
Rolled over from 1.3460, grinding lower into 1.3420.
Cable twice rejected near 1.3460 earlier in the session (USD-led on US-Iran risk-on) and has since drifted lower in a chain of lower highs, now testing 1.3420 with RSI mid-40s. Price sits below EMA20 and EMA50; no momentum extreme in play.
Support: 1.34168, 1.3402
Resistance: 1.34339, 1.34608
What it said to watch
Close above 1.34339 breaks the lower-high chain
Failure to hold 1.34168 opens 1.3402
UK CPI + FOMC Wed are the dominant near-term catalysts for this pair
Lower highs since 1.3460, building base above 1.3417.
Cable rolled off the 1.3460 session high reached after the US-Iran risk-on USD slide, printing successive lower highs into NY hours with RSI(14) cooling toward 43. Now grinding in the low 1.342s, holding above the 1.3417 session low; momentum capped under the 1.3434 swing.
Support: 1.34168, 1.3415
Resistance: 1.34339, 1.3446, 1.34608
What it said to watch
Close below 1.3417 confirms a lower low toward the 1.3415 200-dma
Reclaim of 1.3434 breaks the lower-high sequence
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
12:46 UTC
Downtrend off session high · RSI 43 · price 1.34239
Lower highs, consolidating low-1.342s.
Cable rolled over from the session high at 1.34608 — the post US-Iran-deal risk-on top — and has carved a chain of lower highs into the NY session, now grinding in the low-1.342s. RSI(14) sits mid-40s with no extreme; 1.34335 caps the bounces while 1.34168 marks the session low.
Support: 1.34168, 1.3415, 1.3402
Resistance: 1.34335, 1.34465, 1.34608
What it said to watch
Close back above 1.34335 negates the lower-high sequence
Break of 1.34168 confirms continuation toward the 200-dma at 1.3415
US Industrial Production 13:15 UTC could nudge the USD leg near-term
12:31 UTC
Short-term downtrend off session high · RSI 40 · price 1.34201
Lower highs since 1.3460, drifting toward range base.
Cable rejected the 10-day high at 1.3460 during the London session and has bled lower into NY, printing successive lower highs and now testing 1.3418. USD softness on the US-Iran risk-on backdrop is offset by a heavy GBP tape ahead of midweek UK CPI; price sits mid-range with RSI(14) near 40.
Support: 1.3418, 1.3415, 1.3400
Resistance: 1.3434, 1.3460
What it said to watch
M15 close below 1.3415 (200-dma) confirms a lower low and opens low-1.33s
Reclaim of 1.3434 lower high needed to challenge 1.3460 again
US Empire State / Industrial Production prints could shift the USD leg this hour
Cable rolled off a double top near 1.3460 and has ground lower through NY hours, posting lower highs into 1.3434 and holding just above the session low at 1.3418. GBP stayed capped despite the risk-on/soft-USD backdrop, with price now below EMA20/50 and RSI(14) around 41.
Support: 1.34182, 1.3400
Resistance: 1.34339, 1.3446
What it said to watch
M15 close below 1.3418 confirms continuation of the lower-low sequence toward 1.3400
Reclaim of 1.3434 swing high neutralises the downside grind
UK CPI Wed and FOMC dots are the next material catalysts beyond this window
Lower highs / lower lows, now consolidating low-1.342s.
Cable rolled over from the NY session high at 1.34608 in a steady lower-high sequence, now grinding around 1.342 with RSI(14) mid-40s. USD broadly soft on the US-Iran de-escalation but GBP stayed capped below 1.3460; demand stepped in at 1.34182 to hold the latest dip.
Support: 1.34182, 1.3415
Resistance: 1.34339, 1.3446, 1.34608
What it said to watch
M15 close below 1.34182 confirms the next lower low
reclaim of 1.34339 breaks the lower-high chain
200-dma 1.3415 is the deeper intraday support to monitor
Lower highs off session high, consolidating low-1.342s.
Cable rolled over from the session high at 1.34608 on the US-Iran risk-on USD slide, printing a chain of lower highs back into the low-1.342s. Now consolidating just above the 1.34182 swing low with RSI(14) flat near 43, holding the 200-dma at 1.3415.
Support: 1.34182, 1.3415, 1.3400
Resistance: 1.3434, 1.3446, 1.34608
What it said to watch
M15 close above 1.34340 swing high breaks the lower-high sequence
Failure to hold 1.34182 swing low confirms a lower low toward 1.3415 200-dma
UK CPI Wed 06:00 UTC could materially shift this range read
12:01 UTC
Pullback, drifting lower off session high · RSI 42 · price 1.34215
Lower highs since 1.3460, testing range base.
Cable rallied to a 10-day session high at 1.3460 on US-Iran risk-on USD weakness, then drifted lower through NY hours into a chain of lower highs. Price now sits near the 0.618 retrace of that move at 1.3420, just above the 1.3418 session low; RSI(14) mid-40s, no extreme.
Support: 1.34182, 1.3400
Resistance: 1.3434, 1.3460
What it said to watch
M15 close below 1.34182 confirms a lower low and opens 1.3400
Reclaim of 1.3434 lower-high line needed to neutralise the pullback
UK CPI Wed 06:00 UTC is the next material catalyst for this range
Cable rallied to 1.3460 on Monday's US-Iran risk-on, USD-soft tape but has since rolled into a steady M15 downtrend, printing lower highs from the session top. Price is now probing the 1.34182 swing low with RSI(14) sub-45; the descending sequence stays intact below 1.34335.
Support: 1.34182, 1.3400
Resistance: 1.34335, 1.3446, 1.3460
What it said to watch
Close below 1.34182 confirms a fresh lower low, opening toward 1.3400
Reclaim of 1.34335 breaks the lower-high sequence
UK CPI Wed 06:00 UTC could materially shift this read
11:46 UTC
Rolling over off session high · RSI 42 · price 1.3425
Lower highs since 1.3460 print.
Cable rallied to a session high of 1.3460 on US-Iran risk-on relief, capped near the 50-day, then rolled into a lower-high sequence. Now drifting at 1.3425 below EMA20/50, with the 1.3418 swing low holding so far.
Support: 1.3418, 1.3400
Resistance: 1.3434, 1.3460
What it said to watch
M15 close below 1.3418 confirms a lower-low, opening 1.3400
Reclaim of 1.3434 needed to re-challenge the 1.3460 session high
UK CPI Wed is the key pre-BoE catalyst that could shift this read
11:46 UTC
Short-term downtrend, drifting off session high · RSI 43 · price 1.3425
Lower highs since 1.3460, descending channel.
Cable peaked near 1.3460 in the London session — capped at the 50-day per the macro read — and has since carved a string of lower highs back toward 1.3425, with RSI(14) in the mid-40s. Price trades below EMA20 and EMA50; buyers stepped in around 1.3418 on the last dip.
Support: 1.3418, 1.3415
Resistance: 1.3434, 1.3446, 1.3460
What it said to watch
M15 close below 1.3415 confirms a lower-low and opens the low-1.33s
Reclaim of 1.3446 negates the descending-channel read
UK CPI Wed 06:00 GMT could materially reset this intraday read
Lower-high chain off the session high, grinding down.
Cable spiked to a session high at 1.34608 in early Asia on the US-Iran relief bid and a softer USD, then bled lower through London in a clean lower-high sequence to 1.34276. RSI(14) sits mid-40s and price holds below EMA20/50; the rally is being retraced, hovering near the 50% mark.
Support: 1.34182, 1.34042
Resistance: 1.34339, 1.34466, 1.34608
What it said to watch
M15 close above 1.34339 breaks the lower-high chain
Failure to hold 1.34182 swing low extends the pullback toward 1.34042
UK CPI Wed 06:00 GMT is the key pre-BoE catalyst that can shift this read
11:31 UTC
Intraday pullback off session high · RSI 44 · price 1.34276
Lower highs since 1.3461, probing session low.
Cable rallied to 1.3461 on US-Iran relief and broad USD softness, then stalled into the 50-day cap and rolled over through NY hours, printing a steady chain of lower highs. Price now hovers near the 1.34182 session low with RSI mid-40s; the up-move's 50% retrace around 1.3429 is being tested.
Support: 1.34182, 1.3400
Resistance: 1.34339, 1.34476, 1.34608
What it said to watch
M15 close below 1.34182 confirms a lower low and extends the pullback
Reclaim of 1.34339 breaks the descending lower-high chain
US Empire State / Industrial Production at 12:30 UTC could shift the USD read intraday
11:16 UTC
Pullback off session high · RSI 42 · price 1.34261
Lower highs since 1.3460, drifting toward range low.
Cable spiked to 1.3460 on US-Iran risk-on relief but stalled twice there forming a double top, capped well below the 50-day ~1.3469. London session has bled lower-highs since, with price now grinding toward the 1.3418 swing low; RSI(14) mid-40s, no extreme.
Support: 1.3418, 1.3415
Resistance: 1.3434, 1.3460, 1.3469
What it said to watch
M15 close below 1.3418 confirms a lower low, exposing the 200-day ~1.3415
Reclaim of 1.3434 needed to stall the lower-high sequence
UK CPI Wed is the key pre-BoE catalyst and could reset this range
Cable rallied off the weekly open to 1.34608 on US-Iran relief and a softer USD, then rejected the level and rolled into a chain of lower highs, last 1.34261. RSI(14) sits mid-40s after the cool-off; price now grinds between the 1.34339 swing high and the 1.34182 session low.
Support: 1.34182, 1.3400
Resistance: 1.34339, 1.34608
What it said to watch
M15 close below 1.34182 confirms a lower low and opens the path toward the round number 1.34000
Reclaim of 1.34339 swing high would neutralise the lower-high sequence
UK CPI Wed 06:00 GMT is the key catalyst that could shift this read
Cable spiked to 1.34608 on US-Iran relief and a softer USD, then twice rejected the 1.346 area to print a double top. Price has since drifted back to 1.3430, holding under EMA20 and consolidating in a 1.3418–1.3434 band; RSI(14) near 44 reflects cooling momentum.
Support: 1.34182, 1.3400
Resistance: 1.3446, 1.34608
What it said to watch
Reclaim of 1.34460 reopens the path to the 1.34608 session high
Loss of 1.34182 confirms a lower low and extends the pullback
UK CPI Wed is the key pre-BoE catalyst beyond this window
Cable rallied to 1.3460 on US-Iran relief and a softer USD, then was rejected and ground out a series of lower highs into 1.3418. Price now consolidates 1.3425–1.3436 below EMA20/50, RSI mid-range near 44 with no momentum extreme.
Support: 1.3425, 1.3418
Resistance: 1.3436, 1.3446, 1.3460
What it said to watch
Reclaim of 1.3436 swing high would break the lower-high chain
Loss of 1.3418 session low confirms continuation lower
UK CPI Wed 06:00 GMT is the key pre-BoE catalyst for this read
10:46 UTC
Intraday pullback after early rally · RSI 44 · price 1.34307
Lower highs into consolidation around 1.343.
Cable spiked to a 1.34608 session high at the Monday open on US-Iran risk relief, then ground lower through the session in a chain of lower highs to the 1.342 area. Now consolidating near 1.343, capped under the descending line off 1.34598; price sits below both EMAs.
Support: 1.34225, 1.34182
Resistance: 1.34358, 1.34465, 1.34608
What it said to watch
Reclaim of 1.34358 challenges the lower-highs line, opening 1.34465
Failure to hold 1.34182 session low confirms a lower low
UK CPI Wed is the dominant pre-BoE catalyst for this pair
10:46 UTC
Intraday pullback off session high · RSI 43 · price 1.34307
Lower highs since 1.3460, holding low 1.343s.
Cable rallied off the weekend reopen to a 1.34608 session high as the US-Iran deal drained the USD bid, but the move faded and price now grinds in the low 1.343s below both EMAs with RSI mid-40s. Lower highs are stacking since 1.3460, with the 1.34182 area defining the session floor.
Support: 1.34225, 1.34182
Resistance: 1.34358, 1.34476, 1.34608
What it said to watch
M15 close below 1.34182 confirms a lower-low and opens the 200-day area near 1.3415
Reclaim of 1.34358 reopens the path back to the 1.34608 session high
UK CPI Wed 06:00 GMT is the key pre-BoE catalyst that can reset this range
10:31 UTC
Intraday pullback off session high · RSI 42 · price 1.3428
Lower highs from 1.3460, holding low 1.342s.
Cable rallied through London to a session high of 1.3461 on the US-Iran risk-on USD softness, then faded into NY hours printing a descending lower-high sequence back toward 1.3418. RSI(14) near 42, price below EMA20/50; now chopping in a tight 1.3418-1.3435 band.
Support: 1.3418, 1.3415
Resistance: 1.3435, 1.3446, 1.3461
What it said to watch
Close below 1.3415 (200-day) confirms a lower low
Reclaim of 1.3435 breaks the descending lower-high sequence
10:31 UTC
Intraday downtrend off session high · RSI 42 · price 1.3428
Lower highs since 1.3461, slid to 1.3418.
Cable rejected the London session high near 1.3460 and has carved a chain of lower highs as the US-Iran risk-on bid faded; RSI(14) sits mid-40s, no extreme. Price probed the 1.3418 swing low before bouncing to 1.3428, with 200-day support at 1.3415 just below.
Support: 1.3418, 1.3415
Resistance: 1.3435, 1.3460, 1.3469
What it said to watch
M15 close below 1.3418 confirms a lower low toward 1.3415
Reclaim of 1.3435 lower high needed to re-challenge the 1.3460 session high
50-day cap ~1.3469 caps any extension higher
10:16 UTC
Pulling back from session high · RSI 44 · price 1.34257
Lower highs since 1.3461 peak.
Cable gapped up over the weekend and ran to 1.3461 on US-Iran relief and a softer USD, then ground lower through the session in a lower-high sequence, now at 1.34257. Price sits below EMA20/50 between session low 1.3418 and swing resistance near 1.3436, RSI(14) mid-40s.
Support: 1.34182, 1.3400
Resistance: 1.3436, 1.34608
What it said to watch
Close back above 1.34360 negates the lower-high sequence
Failure to hold 1.34182 opens the path to 1.3400
UK CPI Wed and FOMC Wed are dominant catalysts ahead
10:16 UTC
Pulling back off session high · RSI 42 · price 1.34257
Lower highs since 1.3460 peak, retracing the London rally.
Cable spiked to 1.3460 on US-Iran relief and a softer USD, capped below the 50-day, and has since bled lower through London to 1.3425. Micro structure is a chain of lower highs off the peak with price under EMA20/50; RSI(14) near 41, no extreme.
Support: 1.34182, 1.33979
Resistance: 1.34358, 1.3446, 1.34608
What it said to watch
M15 close below 1.34182 confirms a lower low and extends the pullback
Reclaim of 1.34358 needed to stall the lower-high sequence
UK CPI Wed is the key pre-BoE catalyst that could reset this range
10:01 UTC
Intraday pullback off session high · RSI 45 · price 1.34291
Lower highs since 1.3461 peak.
Monday's risk-on rally to a 1.34608 session high on US-Iran relief has faded into a chain of lower highs, with Cable now grinding back to 1.3429 — roughly the 50% retrace of that leg. RSI(14) sits mid-40s, no extreme; price trades below EMA20 and EMA50.
Support: 1.34182, 1.3400
Resistance: 1.3436, 1.34608
What it said to watch
M15 close above 1.34360 breaks the lower-high sequence
Failure to hold 1.34182 confirms a lower-low
UK CPI Wed 06:00 GMT could materially shift this read
10:01 UTC
Pullback off session high, short-term down · RSI 43 · price 1.34291
Lower highs from 1.3460, holding 1.3418.
Cable ran to a session high of 1.3461 on broad USD softness from the US-Iran relief bid, then rolled over into a chain of lower highs and is now drifting around 1.3429 below EMA20/EMA50. Buyers stepped in at 1.3418 to stall the slide; that swing low is the line for the intraday structure.
Support: 1.34182, 1.3415
Resistance: 1.34358, 1.34608
What it said to watch
M15 close above 1.3436 negates the lower-high sequence
Failure to hold 1.3418 confirms a lower low toward the 200-day ~1.3415
UK CPI Wed 06:00 GMT is the dominant pre-BoE catalyst
09:46 UTC
Downtrend, fading off session high · RSI 41 · price 1.34276
Lower highs since 1.34608 peak.
Cable rallied through Monday's open to a session high of 1.34608 as US-Iran relief pressured USD, then faded in a clean sequence of lower highs back to 1.34276. RSI(14) sits mid-range near 41 and price holds below EMA20/50; the rally retrace is parked around the 61.8% level.
Support: 1.34182, 1.3415
Resistance: 1.3436, 1.3448, 1.34608
What it said to watch
Close below 1.34150 confirms a lower low and opens the low-1.33s
Reclaim of 1.34360 swing high negates the lower-high sequence
09:46 UTC
Intraday pullback after topping · RSI 43 · price 1.34276
Lower highs off 1.3460, grinding lower.
Cable topped twice near 1.3460 during the NY session — a double-top rejection at the 50-day cap — then ground lower to 1.3428 as the post-Iran-deal USD-soft bid faded. RSI(14) sits mid-40s with price below short EMAs; intraday structure is a chain of lower highs.
Support: 1.34182, 1.3400
Resistance: 1.34358, 1.34608
What it said to watch
M15 close below 1.34182 confirms a lower low and opens 1.3400
Reclaim of 1.34358 needed to challenge the 1.3460 session high again
UK CPI Wed 06:00 GMT is the key pre-BoE catalyst for the next sessions
Retracing the European up-leg, holding above session low.
Cable rallied to a session high of 1.34608 on broad USD softness after the US-Iran relief, then rolled over into a string of lower highs back to 1.34182. Price is bouncing to 1.34291 around the 50% fib of that up-leg, RSI(14) in the low 40s and sitting below EMA20/50.
Support: 1.34182, 1.3400
Resistance: 1.34358, 1.3447, 1.34608
What it said to watch
M15 close back above 1.34358 invalidates the lower-high sequence
Failure to hold 1.34182 confirms a lower-low toward 1.3400
UK CPI Wed 06:00 GMT is the key pre-BoE catalyst that could reshape this read
09:30 UTC
Pulling back off session high · RSI 40 · price 1.34291
Lower highs after double top at 1.346.
London session faded the twin highs at 1.346 toward the 200-day near 1.3415; Cable now off ~30 pips with RSI(14) cooling to ~40. Price sliding through EMA20/50, holding just above session-low support at 1.3418.
Support: 1.3418, 1.3415
Resistance: 1.3446, 1.3461
What it said to watch
Loss of 1.3418 confirms a lower-low and exposes the 200-day ~1.3415
Reclaim of 1.3446 swing high keeps the upside path to the 1.3461 session high open
UK CPI Wed 06:00 GMT is the key pre-BoE catalyst that can reset this range
09:16 UTC
Short-term downtrend off session high · RSI 38 · price 1.3424
Lower highs, lower lows since 1.3460.
GBPUSD faded from the session high at 1.3460 through the London session, carving lower highs and lower lows down to 1.3424, a 61.8% retrace of the prior leg up. RSI(14) at ~38 reflects the cooling; the earlier USD-led pop has stalled with the 200-day SMA at 1.3415 the next reference below.
Support: 1.3418, 1.3415, 1.3398
Resistance: 1.3446, 1.3460
What it said to watch
Loss of 1.3415 (200-day sma) confirms continuation of the lower-low sequence
M15 close back above 1.3446 (minor swing) negates the short-term downtrend
UK CPI Wed 06:00 GMT could materially reset this read
09:16 UTC
Short-term pullback off session high · RSI 38 · price 1.3424
Double top, neckline broken, lower highs.
London session faded from a 1.3460 double top, breaking the 1.3445 neckline and slipping to 1.3424 — roughly a 61.8% retrace of the Asia-into-London rally from 1.3398. RSI(14) sub-40 with price under EMA20/50; the USD-led bid that drove the earlier push has cooled.
Support: 1.3415, 1.3400
Resistance: 1.3445, 1.3460
What it said to watch
M15 reclaim of the 1.3445 neckline negates the double-top break
Failure to hold 1.3415 (200-day) opens the 1.3400 round number
UK CPI Wed 06:00 GMT could materially shift this read
09:01 UTC
Pullback from session high · RSI 41 · price 1.3425
Lower highs off 1.3460, drifting back into range.
Post-gap rally pushed to a session high near 1.3460 in Asia/European hours on USD softness, but that level was rejected twice and price now prints lower highs, sliding to 1.3425. RSI(14) has cooled to the low-40s as the move retraces toward the 1.3415 200-day SMA.
Support: 1.3415, 1.3423, 1.3400
Resistance: 1.3440, 1.3460
What it said to watch
Close below 1.3415 (200-day sma) opens the path to 1.3400
Reclaim of 1.3440 (ema20) needed to re-challenge the 1.3460 session high
UK CPI Wed and FOMC mid-week are the dominant risks framing this range
GBPUSD topped at the 1.3460 session high on USD-led softness, then rolled over into a chain of lower highs through NY hours with RSI(14) cooling near 40. Price now probes the recent 1.3423 session low, with the 1.3415 200-day SMA the next reference below.
Support: 1.3423, 1.3415
Resistance: 1.3460, 1.3469
What it said to watch
M15 close below 1.3415 confirms a lower-low and opens the low-1.33s
Reclaim of 1.3460 reopens the 1.3469 50-day MA
UK CPI Wed 06:00 GMT is the dominant macro risk into this week
08:46 UTC
Pulling back from session high, lower highs · RSI 43 · price 1.34317
Early-session rally faded, micro lower highs into London.
GBPUSD rallied from 1.3398 to a session high at 1.3461 in early European hours as the dollar softened on the US-Iran haven unwind, then faded through London with a chain of lower highs back to ~1.3432 — roughly the 50% retrace of that up move. RSI(14) has cooled to the low-40s as price slips below EMA20/50.
Support: 1.3428, 1.3415
Resistance: 1.3447, 1.34608
What it said to watch
Break below 1.3428 swing low confirms a lower low
Reclaim of 1.3447 lower high reasserts the upside drive
UK CPI Wed 06:00 GMT is the dominant risk that can override this intraday read
08:45 UTC
Intraday pullback off the highs · RSI 41 · price 1.34317
Lower highs since the 1.3460 double top.
GBPUSD rallied through the European session toward 1.3460 on broad USD softness from the US-Iran de-escalation, but the level capped twice forming a double top. Price has since rolled into a lower-high pullback, now at 1.34317 with RSI(14) near 40 and trading back below EMA20/50.
Support: 1.3428, 1.3415
Resistance: 1.3460, 1.3450
What it said to watch
Loss of 1.3428 session low confirms continuation of the lower-high sequence toward 1.3415
A reclaim of 1.3460 invalidates the double top read
UK CPI Wed 06:00 GMT is the dominant near-term risk for this pair
08:31 UTC
Intraday pullback off session high · RSI 39 · price 1.34301
Lower highs into London, rolling over from 1.3460.
GBPUSD ran to a 1.34608 session high in early London on US-Iran-driven USD softness, but twin highs near 1.3460 capped it and price has bled steadily to 1.34301 on a chain of lower highs. RSI(14) cooling near 38 with price now under both EMAs; 1.34280 session low is the immediate floor.
Support: 1.3428, 1.3415
Resistance: 1.3446, 1.34608
What it said to watch
M15 close below 1.34280 confirms a lower low and extends the pullback toward the 1.34150 200-day sma
Reclaim of 1.34460 swing high needed to put the 1.34608 session high back in play
UK CPI Wed and FOMC dots are the dominant risk events later this week
08:31 UTC
Intraday pullback after rejection · RSI 42 · price 1.34301
Lower highs off session high, retracing the Monday rally.
GBPUSD gapped higher Monday and rallied to 1.34608 on broad USD softness (US-Iran de-risking), then rejected and drifted lower through London hours, now back at 1.343 near the 50% retrace. RSI(14) cooling around 42 as the move retraces; session low at 1.3428 is the immediate floor.
Support: 1.3428, 1.3420, 1.3415
Resistance: 1.34541, 1.34608
What it said to watch
M15 close below 1.3428 confirms a lower low and opens 1.342/1.3415
Reclaim of 1.34541 swing high would negate the pullback
UK CPI Wed 06:00 GMT could materially shift this read
08:16 UTC
Pulling back from session high, near-term down · RSI 41 · price 1.34314
Lower highs off a 1.346 double top.
GBPUSD gapped higher into the new week and ran through London to 1.346, where two equal highs (1.34608/1.34598) capped and price has since rolled into lower highs, now back at 1.34314 with RSI(14) near 41. The double top off 1.346 is intact and the session low at 1.34280 is the immediate floor.
Support: 1.3428, 1.3415
Resistance: 1.3446, 1.34608
What it said to watch
M15 close below 1.34280 confirms a lower-low and opens the 200-DMA at 1.3415
Reclaim of 1.34460 negates the lower-high sequence and re-tests 1.346
UK CPI Wed 06:00 UTC is the week's key swing for this read
08:16 UTC
Pulling back from session high, lower highs forming · RSI 43 · price 1.34314
Rally to 1.3460 faded, intraday lower highs.
London-session rally stalled at the 1.3460 session high and has faded into a chain of lower highs, with price now slipping under EMA20/50 toward the 50% retrace of the move off 1.3398. RSI(14) cooling near 43 as GBP stays pinned around the 200-DMA into a heavy UK data week; CPI Wed is the key swing.
Support: 1.3428, 1.3400
Resistance: 1.3447, 1.3460
What it said to watch
M15 close below 1.34280 confirms a lower low and extends the pullback
Reclaim of 1.34470 needed to re-engage the 1.3460 session high
US Empire State / Industrial Production today could shift intraday tone
08:01 UTC
Pullback after session-high rejection · RSI 41 · price 1.34341
Lower highs off 1.346, retracing weekend gap rally.
GBPUSD gapped up over the weekend and rallied through London to a 1.346 double top, where supply capped twice; price has since rolled over to 1.3434 with RSI(14) near 40. Pullback now testing the 50% retrace of the gap rally, prior-day structure still intact above the 1.3415 200-DMA pivot.
Support: 1.3428, 1.34038, 1.3415
Resistance: 1.34465, 1.34598
What it said to watch
M15 close below 1.34280 confirms a lower-low and exposes the 1.34038 gap base
Reclaim of 1.34465 puts the 1.34598 session high back in play
Loss of 1.3415 200-DMA pivot shifts the intraday read lower
08:01 UTC
Intraday pullback after London rally · RSI 43 · price 1.34341
Double top near 1.3460, lower highs into pullback.
London rallied off 1.3398 to print a double top around 1.3460 before sellers leaned in, dropping price back to 1.34341 and below EMA20/50. RSI(14) has cooled to the low 40s as the move retraces toward the 200-DMA at 1.3415.
Support: 1.3428, 1.3415, 1.3432
Resistance: 1.3461, 1.3469
What it said to watch
A close back above 1.3461 negates the double-top read and reopens the 1.3469 50-DMA cap
Loss of 1.3428 swing low confirms a lower-low and exposes the 1.3415 200-DMA
07:46 UTC
Pullback off session highs · RSI 43 · price 1.34356
Double top near 1.346, retracing.
London-NY session drove GBPUSD up to 1.34608 before a double top capped the move and price rolled over. It is now retracing toward the 38.2% fib near 1.3437, RSI(14) cooling to ~43, with the 200-DMA at 1.3415 sitting below.
Support: 1.34323, 1.34147, 1.3415
Resistance: 1.34608
What it said to watch
Close below 1.34323 confirms a lower low and opens the 1.3415 200-DMA
Reclaim of 1.34608 negates the double top
UK CPI Wed 06:00 UTC could materially shift this read
07:46 UTC
Pullback from session high, momentum down · RSI 43 · price 1.34356
Lower highs after double-top rejection near 1.3460.
London session has faded the Monday rally that peaked at 1.3460; twin rejections at 1.34608/1.34598 formed a double top and price is now grinding lower toward the 200-DMA pivot at 1.3415, with GBP pinned there into a heavy UK data week. RSI(14) cooled into the low 40s and price slipped below EMA20 as the pullback developed.
Support: 1.3432, 1.3415, 1.3400
Resistance: 1.3460
What it said to watch
M15 close back above 1.3460 negates the double-top read
Loss of 1.3432 swing low exposes the 200-DMA at 1.3415
UK CPI Wed 06:00 UTC is the key swing for this pair
Asia-session rally off 1.3398 stalled at a double top around 1.3459-1.3461, with London now fading the high. Price has retraced to the 38.2% fib near 1.3437, RSI(14) cooling to the low-40s; the session low at 1.3434 is the immediate pivot.
Support: 1.34344, 1.34326, 1.34294
Resistance: 1.34589, 1.34608
What it said to watch
M15 close below 1.34326 confirms a lower low, opens fib 50% at 1.34294
Reclaim of 1.34589 negates the double top read
Hold of session low 1.34344 keeps the pullback shallow
07:31 UTC
Uptrend, pulling back from session high · RSI 44 · price 1.34353
Retrace off 1.3460 high, holding above prior swing lows.
GBPUSD ran from 1.3398 up to a 1.3460 session high before stalling and bleeding back to 1.3435, RSI(14) cooling into the low-40s. Price is now sitting on the 1.3434 session low with the 200-DMA pivot at ~1.3415 just below; the move stays above the rising sequence of lows for now.
Support: 1.34344, 1.3425, 1.3416
Resistance: 1.34608, 1.34589
What it said to watch
M15 close below 1.3434 exposes 1.3425 and the 1.3415 pivot
Reclaim of 1.3460 reopens the session high
UK CPI Wed 06:00 UTC is the next major risk to this read
Monday rally rolling into pullback below session high.
GBPUSD ran from the 1.33979 Monday open to a 1.34608 session high before stalling at a double top near 1.346 and fading to 1.34417, RSI(14) cooling to mid-40s. Pullback is holding above the 1.34380 minor low; price sits just under EMA20 in London hours with USD firm but GBP recovering off last week's lows.
Support: 1.3438, 1.34326, 1.3415
Resistance: 1.34541, 1.34608
What it said to watch
Loss of 1.34380 then 1.34326 would confirm a deeper lower-low
Reclaim of 1.34541 reopens the 1.34608 session high
UK CPI Wed 06:00 UTC is the dominant upcoming risk for this pair
Rally off the weekly open stalling under a double top.
Sterling gapped higher into the London session and rallied from 1.3398 to twin highs at 1.3460, where supply has capped twice. Price is now drifting back toward the 1.3415 200-DMA pivot with RSI(14) cooling to neutral; sits just below EMA20, above EMA50.
Support: 1.34326, 1.3415
Resistance: 1.34608, 1.3466
What it said to watch
M15 close above 1.34608 negates the double top and exposes the 50-DMA cap near 1.3466
Loss of the 1.3415 200-DMA opens the path toward the 1.3340 support shelf
07:01 UTC
Uptrend stalling, pulling back · RSI 46 · price 1.3441
Double top near 1.3460, retrace underway.
GBPUSD rallied through the London morning to print 1.3460 twice and was rejected both times, forming a double top, with price now slipping back to 1.3441 below EMA20. RSI(14) has cooled to the mid-40s as the up-leg from 1.3398 unwinds; sterling stays parked above the 200-DMA pivot at 1.3415.
Support: 1.3433, 1.3415
Resistance: 1.3460, 1.3469
What it said to watch
M15 close above 1.3460 negates the double top and reopens the 50-dma cap at 1.3469
Loss of 1.3433 swing low confirms a lower-low toward the 200-dma at 1.3415
UK CPI Wed 06:00 UTC could materially reset this range
07:00 UTC
Uptrend, momentum cooling · RSI 52 · price 1.3441
HH/HL chain stalling below session high.
GBPUSD climbed through the London session off the weekend-gap low at 1.33979 to a session high of 1.3461, where it stalled into the 50-DMA cap and rejected. Price has eased back to 1.3441, RSI(14) cooling toward neutral after the run; recent low at 1.3434 is the first pivot to watch.
Support: 1.3434, 1.3415, 1.3400
Resistance: 1.3461, 1.3466
What it said to watch
Reclaim of 1.3461 reopens the 50-DMA cap at 1.3466
M15 close below 1.3434 confirms a lower low
UK CPI Wed 06:00 UTC could materially shift this read
London open this week lifted cable from ~1.3398 to a session high at 1.34608, after which price settled into a 1.3438–1.3460 range. RSI(14) has cooled back to neutral near 46 as the pullback to 1.34417 holds above the 200-day at 1.3415; the heavy UK calendar (CPI Wed, BoE Thu) keeps this a developing range.
Support: 1.34326, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
Close below 1.34326 swing low opens the 1.3415 200-day
Close above 1.34608 session high exposes the 1.3465 cap
UK CPI Wed 06:00 GMT could materially shift this read
Cable broke above the 1.3465 cap on the Monday open run, tagging 1.3461 before easing back to 1.3442 as RSI(14) cooled toward neutral. Demand stepped in around 1.3433 through the London open; price now coiling above the 200-day reference at 1.3415.
Support: 1.3438, 1.34326, 1.3425
Resistance: 1.34465, 1.34608
What it said to watch
Loss of 1.3438 support exposes the 1.3433-1.3426 swing lows
M15 close back above 1.3465 reopens the 1.3461 session high
UK CPI Wed and FOMC could materially shift this read
GBPUSD rallied off 1.3398 through the London session to a 1.3461 session high, then stalled with two rejections near 1.3460 as risk-on tone post US-Iran de-escalation supported sterling above the 200-day. Price now consolidates around 1.3448, RSI(14) cooling from the rally peak; rising lows from 1.3433 still intact.
Support: 1.34416, 1.34326
Resistance: 1.34558, 1.34608
What it said to watch
Close above 1.3461 session high opens path toward the 1.3469 cap
Failure to hold 1.3433 breaks the rising-lows structure
UK CPI Wed 06:00 GMT is the week's main catalyst and could reset this read
06:31 UTC
Uptrend, pulling back · RSI 57 · price 1.34477
Higher highs into London open, shallow pullback.
Monday session climbed off 1.33979 to a session high of 1.34608 before the London open eased it back to 1.34477. Price holds well above the 200-day SMA at 1.3415; the 1.3461-1.3465 cap rejected the first push and remains the area to watch.
GBPUSD rallied off the week-open low at 1.3398 through 1.3460 and is consolidating just under the 1.34608 session high, holding above the 1.3465 cap zone flagged by the macro read. Pullbacks have been bought along a rising support line, last respected at 1.34524; RSI(14) near 62, room either way.
Support: 1.34524, 1.34326, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
Close above 1.34608 opens the path toward the 1.3465 cap
Loss of 1.34326 swing low breaks the rising support structure
UK CPI Wed is the week's main catalyst — sits beyond this window
Post-weekend, cable rallied off 1.3398 to 1.34608 then chopped sideways in a tight 1.3433–1.3460 band before reclaiming the upper edge; price now sits at 1.34553 pressing the session high. RSI(14) near 61, no extreme, and ATR is compressed at ~8 pips in quiet Asian-into-London hours. Holding well above the 200-day at 1.3415.
Support: 1.34437, 1.34326, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
Close above 1.34608 opens the path to the 1.3465 cap
Loss of 1.34437 exposes the 1.34326 swing low
UK CPI Wed is the week's catalyst and could reset this range
GBPUSD reopened near 1.3404 and ground higher through the Asian session into a 1.34608 session high, with the dollar holding firm despite US-Iran de-escalation. RSI(14) sits mid-60s and ATR is thin at ~4 pips; price is consolidating just under the high after a brief dip to 1.34524.
Support: 1.34416, 1.34326
Resistance: 1.34608, 1.3465
What it said to watch
Close above 1.34650 cap extends the grind higher
Failure to hold 1.34326 swing low breaks the rising structure
UK CPI Wed and FOMC Wed are the week's catalysts and could reshape this read
06:00 UTC
Uptrend, near session highs · RSI 62 · price 1.34538
Higher highs and higher lows since session open.
GBPUSD gapped higher into the Sunday open and the new session has trended up from 1.3398, currently holding 1.34538 just under the 1.34608 session high. RSI(14) elevated near 62 but not extreme; the 1.346 area has been tested twice without a clean break, while rising lows from 1.3434 underpin the move.
Support: 1.3438, 1.34326, 1.3415
Resistance: 1.34608, 1.3469
What it said to watch
M15 close above 1.34608 opens the path toward the 1.3469 cap
Loss of 1.34326 breaks the rising-low sequence
UK CPI Wed and FOMC Wed are the week's catalysts and could reset this read
05:46 UTC
Uptrend, pressing session high · RSI 66 · price 1.34586
Higher highs and higher lows since the Monday open.
GBPUSD rallied off the Monday open from 1.3398 to a session high at 1.3461 and is now retesting that high into early London, RSI(14) holding mid-60s. Price sits above both EMAs with a clean chain of higher lows; the 1.3465 cap is the immediate barrier.
Support: 1.3433, 1.3415
Resistance: 1.3461, 1.3465
What it said to watch
M15 close above 1.3465 cap opens the path toward higher levels
Failure to hold 1.3433 breaks the higher-low chain
UK CPI Wed is the week's main catalyst and could reset this read
05:45 UTC
Uptrend, grinding higher · RSI 66 · price 1.34586
Higher highs and higher lows into NY.
GBPUSD ground higher through the session toward the 1.34608 session high, the dollar firm but capped as US-Iran de-escalation trims haven demand. RSI(14) elevated near 66, not yet extreme; rising lows held above 1.3433 with the 1.3465 cap as the next area to watch for rejection or break.
Support: 1.34326, 1.3438, 1.34056
Resistance: 1.34608, 1.3465
What it said to watch
M15 close above 1.3465 opens the path toward higher levels
Failure to hold 1.34326 breaks the rising-lows sequence
UK CPI Wed 06:00 GMT is the week's main catalyst and could reset this read
05:31 UTC
Uptrend, momentum steady · RSI 67 · price 1.3458
Higher highs and higher lows off Monday gap.
GBPUSD gapped up into the Monday session and ground higher to 1.3458, holding well above the 200-day pivot at 1.3415 as improved US-Iran diplomacy supported risk appetite. Rising lows keep the intraday channel intact, with price now testing the 1.3461 session high and the 1.3465-1.3469 cap; RSI(14) elevated near 67 but not stretched.
Support: 1.3438, 1.3415
Resistance: 1.3461
What it said to watch
M15 close above 1.3469 opens room beyond the 50-day cap
Failure to hold 1.3438 breaks the rising sequence of higher lows
UK CPI Wed and FOMC Wed are the week's catalysts and could reset this read
Sterling opened the new week near 1.3398 and rallied through the Asian session into London, tagging a session high at 1.3461 and clearing the prior 200-day pivot at 1.3415. Price is now consolidating just below that high with RSI(14) cooling from overbought; the 1.3469 cap is the next overhead area to watch.
Support: 1.3438, 1.3415
Resistance: 1.3461, 1.3469
What it said to watch
M15 close above 1.3469 opens the path toward the cap zone
Loss of 1.3438 swing low breaks the higher-low chain
UK CPI Wed 06:00 GMT is the week's main catalyst and could reset this read
05:16 UTC
Uptrend, grinding into resistance · RSI 63 · price 1.34519
Higher lows off Monday's low, pressing session high.
Monday Asia opened with a rally off 1.3398 to a session high at 1.34608, then pulled back to 1.34326 before stepping higher into early London; price now at 1.34519 retesting the session high. Holding above the 200-day at 1.3415, RSI(14) in the mid-60s with the 50-day cap near 1.3465 just overhead.
Support: 1.34326, 1.34151
Resistance: 1.34608, 1.3465
What it said to watch
M15 close above 1.34608 session high opens the 1.3465 cap
Loss of 1.34326 breaks the Monday higher-low chain and rising support
UK CPI Wed 06:00 GMT could materially shift this read
GBPUSD gapped up at the weekly open and rallied off the 200-day at 1.3415 to a session high of 1.34608. After a pullback to 1.34326, price is grinding back up through thin Asian liquidity to 1.3452, building a higher-low chain just under the session high.
Support: 1.34326, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
M15 close above 1.34608 opens the 1.3465 50-day cap
Failure to hold 1.34326 breaks the higher-low chain
UK CPI Wed 06:00 GMT and FOMC Wed are the week's catalysts
Higher highs into 1.3461, now consolidating below.
GBPUSD gapped higher on the Sunday reopen as the US-Iran de-escalation lifted risk, rallying from 1.3398 to a session high of 1.3461 before easing. Asian-session price is now consolidating 1.3438–1.3449 above the 200-day SMA at 1.3415, RSI(14) mid-range; London open approaching into a heavy UK data week.
Support: 1.3438, 1.34326, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
Close above 1.34608 opens the path to the 1.3465 cap
Failure to hold 1.34326 negates the post-gap uptrend
UK CPI Wed is the week's main catalyst and could reset this read
GBP/USD rallied off 1.3398 to a session high at 1.3461, then pulled back to 1.3433 before recovering toward 1.3449; price is consolidating in the upper half of the move and holding above the 200-day SMA at 1.3415. RSI(14) is mid-range with no extreme. Sterling firm near 1.34 ahead of a heavy week.
Support: 1.3433, 1.3415
Resistance: 1.3461, 1.3465
What it said to watch
Close above 1.3461 opens the path to the 1.3465 cap
Failure to hold 1.3433 reopens the 1.3415 200-day SMA
UK CPI Wed and FOMC Wed could materially shift this read
GBPUSD gapped slightly lower at the weekend open near 1.3398, then rallied to a session high at 1.3461 before consolidating. The pullback held 1.3433 and price has recovered toward 1.3447; RSI sits mid-range with momentum flat into the Asia session.
Support: 1.34326, 1.3415
Resistance: 1.34608, 1.3469
What it said to watch
M15 close below 1.3433 confirms a lower-low and softens the up move
Break above 1.3461 reopens the path to the 1.3469 cap
UK CPI Wed is the week's main catalyst — could materially reset this read
Consolidating below session high after gap-up rally.
GBPUSD gapped up into the new week and rallied to a session high at 1.34608, clearing the 200-day at 1.3415, then stalled and is consolidating around 1.3445 below the 1.3465-1.3469 cap. RSI(14) mid-range near 57 as the move loses steam; buyers held the 1.34326 swing low on the pullback.
Monday open gapped up and rallied through the Asia session to a 1.34608 high before fading. Price now consolidates 1.34326–1.3446, holding above the 200-day SMA at 1.3415 with RSI neutral near 48 and ATR compressed to ~6 pips.
Support: 1.34326, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
M15 close below 1.34326 puts the 200-day SMA at 1.3415 back in play
Sunday open gapped lower then rallied through the 200-day SMA at 1.3415 to a session high of 1.34608, with broad USD off its highs after US-Iran de-escalation. Price has since rolled into a tight 1.34326–1.34541 consolidation, RSI(14) cooling back to neutral and now hugging EMA20.
Support: 1.3438, 1.34326, 1.3415
Resistance: 1.34541, 1.34608
What it said to watch
M15 close below 1.34326 breaks the consolidation floor and reopens the 200-day at 1.3415
Reclaim of 1.34541 puts the 1.34608 rally high back in play
UK CPI Wed and FOMC Wed are the week's catalysts — outside the next bars but framing range edges
Cable gapped into the new week and rallied to a session high at 1.34608 on broad risk-on after the US-Iran de-escalation, then was rejected and pulled back. Price now consolidates around 1.3443 on a chain of higher lows above the 1.34326 swing low, holding above the 200-day at 1.3415; momentum has cooled with RSI near 56.
Support: 1.34326, 1.3438, 1.3415
Resistance: 1.34608, 1.3469
What it said to watch
Close above 1.34608 reopens the path toward the 1.34690 50-dma cap
Failure to hold 1.34326 confirms a lower low and breaks the rising support
UK CPI Wed and FOMC Wed are the week's binary catalysts
Asian session opened with a sharp gap-up rally from 1.3398 to 1.3461, where supply capped the move. Price has since faded into a consolidation around 1.3443, holding well above the 200-day at 1.3415. UK CPI Wed and the FOMC are the week's binary catalysts ahead.
Support: 1.34326, 1.3415
Resistance: 1.34608, 1.3466
What it said to watch
M15 close above 1.34608 opens the 50-dma cap near 1.3466
Loss of 1.34326 swing low exposes the 200-day at 1.3415
UK CPI Wed and FOMC could materially shift this read
GBPUSD gapped higher into the week's open and rallied to 1.34608 before sellers capped it, leaving a session high rejection. Price has since stabilised near 1.3444, holding above the 1.34326 pullback low with RSI(14) mid-range around 56 — no momentum extreme in play. USD stayed firm on the 'higher-for-longer' read, limiting follow-through above 1.34541.
Support: 1.34378, 1.34326, 1.3415
Resistance: 1.34541, 1.34608
What it said to watch
Close above 1.34608 reopens the upside toward 1.3465
Failure to hold 1.34326 confirms a lower low
UK CPI Wed and FOMC Wed are the week's catalysts, outside this bar window
Gap-up rally, now consolidating below session high.
Week opened with a gap and a sharp rally to a 1.34608 session high during Asian hours, RSI cooling from the spike. Pullback held the 1.34326 swing low and price is now consolidating around 1.3445, holding above the 200-day at 1.3415.
Support: 1.34326, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
M15 close below 1.34326 swing low opens the 200-day at 1.3415
Break above 1.34608 session high exposes the 1.3465 50-dma cap
UK CPI Wed and FOMC are the week's catalysts and would reshape this read
After the weekly reopen near 1.3398, GBPUSD rallied through early hours to a session high at 1.34608, stalling into the 1.3465 cap. Price has since pulled back and is consolidating around 1.344, holding above the 200-day at 1.3415 with RSI(14) back at neutral.
Support: 1.3415, 1.34326
Resistance: 1.34608, 1.3465
What it said to watch
M15 close below 1.3415 (200-day) reopens the 1.34326 swing low
Reclaim of 1.34608 session high puts the 1.3465 cap back in play
UK CPI and FOMC midweek are the dominant catalysts and can reset this read
Monday's Asian session opened higher and ran to a 1.3461 session high before rejecting, with price now consolidating around 1.3440 above the 200-day SMA at 1.3415. Cable is holding the week-open rally as RSI cools back to neutral; the move sits inside the broader 1.3340–1.3465 range cited into a heavy UK/US data week.
Support: 1.3415, 1.3433
Resistance: 1.3461
What it said to watch
Close back above 1.3461 reopens the week-open highs
Failure to hold 1.3415 (200-day) flips the intraday read lower
UK CPI Wed and FOMC Wed are the week's binary catalysts
03:31 UTC
Uptrend off gap, consolidating · RSI 48 · price 1.34394
Pullback from session high, ranging ~1.3434-1.3440.
GBPUSD gapped higher into the new week and rallied to 1.34608 before sellers capped at the highs, with USD holding firm post-CPI. Price has since faded to consolidate around 1.3439, RSI cooling to mid-range; the move stalled near the 1.3465 desk cap zone.
Support: 1.34326, 1.33979
Resistance: 1.34608, 1.34541
What it said to watch
Loss of 1.34326 swing low opens the 1.33979 session open
Reclaim of 1.34541 reopens the 1.34608 session high
UK CPI Wed and FOMC could materially shift this read
GBPUSD gapped higher into the new week open and rallied to 1.3461 before rejecting, and now consolidates near 1.3439 in Asian hours with RSI back to mid-range. Session high at 1.3461 caps for now while demand near 1.3433 has held the pullback.
Support: 1.34326, 1.3400
Resistance: 1.34608, 1.3465
What it said to watch
M15 close above 1.3461 reopens the 1.3465 cap
Failure to hold 1.3433 exposes 1.3400
UK CPI Wed could materially shift this read
03:16 UTC
Rallied off the open, momentum slowing · RSI 47 · price 1.34393
Consolidating below session high after early-week rally.
GBPUSD gapped lower into the new week then rallied to a session high of 1.34608 before being rejected, RSI(14) cooling back toward 46. Price is now consolidating around 1.3440, holding well above the 200-day SMA at 1.3415 with the 1.34326 swing low as nearest support.
Support: 1.34326, 1.3415
Resistance: 1.34541, 1.34608
What it said to watch
M15 close above 1.34541 reopens the 1.34608 session high
Failure to hold 1.34326 confirms a lower-low and exposes the 1.3415 200-day SMA
UK CPI Wed and FOMC remain the week's catalysts, off this window
New week opened with a sharp push from 1.3398 to a session high at 1.34608 as Iran de-escalation lifted risk and GBP held the 200-day at 1.3415. Price has since faded into a 1.3433–1.3450 consolidation, RSI cooling back to neutral after the rejection at the highs.
Support: 1.34326, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
Close below 1.34326 confirms a lower-low and opens the 200-day at 1.3415
Reclaim and close above 1.34608 reopens the 1.3465 cap
UK CPI Wed 06:00 GMT is the week's main catalyst and could reset this read
03:01 UTC
Uptrend off gap low, pulling back · RSI 47 · price 1.34377
Lower highs after session-high rejection.
Thin Asia-session trade: GBPUSD gapped higher to open the week and ran to a session high of 1.34608 before stalling, with sterling stuck near 1.34 ahead of a heavy UK CPI/BoE week. Price has since carved lower highs back to 1.3438, RSI(14) cooling toward the midline as the move loses steam.
Support: 1.34326, 1.3415
Resistance: 1.34608, 1.34564
What it said to watch
M15 close below 1.34326 confirms a lower low and exposes the 200-day sma at 1.34150
Reclaim of 1.34564 needed to put the session high back in play
UK CPI Wed and FOMC Wed are this week's catalysts — read is intraday only
03:00 UTC
Rally faded, now consolidating · RSI 49 · price 1.34377
Post-gap rally rejected, lower highs.
After the weekend gap GBPUSD ran from 1.33979 to a session high of 1.34608, then was rejected and has bled back to 1.34377, holding above the 200-day at 1.3415. Price is now consolidating in the 1.34326–1.34465 band with RSI(14) near neutral; the week's UK CPI and FOMC are the dominant looming catalysts.
Support: 1.34326, 1.3415, 1.33979
Resistance: 1.34465, 1.34608
What it said to watch
Reclaim of 1.34465 reopens the 1.34608 session high
Failure to hold 1.34326 exposes the 1.3415 200-day
UK CPI Wed and FOMC Wed could materially shift this read
02:46 UTC
Uptrend stalling, pulling back · RSI 46 · price 1.34379
Week-open rally fading into lower highs.
New week opened with a sharp rally off 1.33979 to a session high of 1.34608, but the move has faded through the Asian session, printing successive lower highs back to 1.34379 with price now under EMA20. The pullback follows the as-expected UK GDP read; RSI(14) has cooled to the mid-40s.
Support: 1.34326, 1.34194, 1.3415
Resistance: 1.34437, 1.34541, 1.34608
What it said to watch
Loss of 1.34326 confirms a lower-low and exposes 1.34194
Reclaim of 1.34541 reasserts the week-open rally
UK CPI Tue 06:00 UTC is the binding catalyst for the range
Rally off session low, pulling back into 38% retrace.
GBPUSD rallied off the 1.3398 open to a session high at 1.34608 before rejecting and easing back to 1.3438, now holding the 38% retrace of that leg as RSI(14) cools toward neutral. Move fits the softer-dollar, GBP-firm-near-200-day backdrop; price is consolidating between the 1.34326 session low and the 1.3460 cap.
Support: 1.34326, 1.3400
Resistance: 1.34608, 1.3455
What it said to watch
M15 close below 1.34326 opens a deeper retrace toward 1.3400
Reclaim of 1.3455 reopens the 1.34608 session high
UK CPI Tue 06:00 UTC is the binding catalyst and could reshape this read
Monday open gapped higher and ran in thin Asia liquidity to a session high of 1.34608, RSI(14) cooling back to the low 50s as price drifted to 1.3433. The move stalled into the 1.3465 50-day cap zone; pullback so far holding well above the 200-day SMA near 1.3415.
Support: 1.34326, 1.3415, 1.3400
Resistance: 1.34608, 1.3465
What it said to watch
Close back above 1.34608 reopens the 1.3465 cap zone
Loss of 1.3415 (200-day SMA) shifts the near-term tone lower
UK CPI Tue 06:00 UTC and FOMC Wed are the binding catalysts for this range
Rejection at session high, retracing toward 200d sma.
Sunday open gapped higher and ran to 1.34608 before sellers rejected it; price has since faded to 1.34335, slipping back under EMA20 with RSI(14) cooling into the low 40s. Two-way 1.3398-1.3461 session range still in play ahead of the 200-day SMA pivot at 1.3415.
Support: 1.3415, 1.33979
Resistance: 1.34608, 1.3452
What it said to watch
M15 close below 1.3415 (200d sma) opens the low 1.33s
Reclaim of 1.34520 reopens the 1.34608 session high
UK CPI Tue 06:00 UTC is the binding catalyst for this range
02:16 UTC
Uptrend off the weekly open, pulling back · RSI 54 · price 1.34369
Rally to 1.3460, now consolidating below session high.
GBPUSD opened the week with a gap up and ran to a session high at 1.34608 before fading back to 1.34369, holding above the 200-day SMA pivot near 1.3415. Price is now consolidating below the high in thin Asia-session liquidity, RSI cooled to the mid-50s after the early surge.
Support: 1.34367, 1.34194, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
Loss of 1.34367 session low exposes 1.34194 and the 1.3415 200-day SMA pivot
Reclaim of 1.34608 reopens the 1.3465 50-day cap
UK CPI Tue 06:00 UTC is the binding catalyst for the wider range
02:16 UTC
Uptrend, pulling back · RSI 52 · price 1.34369
Rally to session high, retracing.
GBPUSD gapped lower into the Sunday open then rallied from 1.3398 to a session high at 1.34608 before rejecting. Price is now retracing toward the 38.2% fib at 1.3437, RSI(14) cooling back to neutral.
Support: 1.34367, 1.3420, 1.33979
Resistance: 1.34608, 1.34541
What it said to watch
M15 close below 1.34200 confirms a lower-low and deepens the pullback
Reclaim of 1.34541 reopens the path to the 1.34608 session high
UK CPI Tue 06:00 UTC is the binding catalyst for this range
02:01 UTC
Uptrend, pulling back · RSI 46 · price 1.34376
Gap-up rally fading off session high.
Week opened with a gap higher and a rally to 1.34608 on US-Iran risk-on, clearing the 200-DMA pivot near 1.3415. Price has since faded back to 1.34376, slipping below EMA20 as the move loses steam; the 1.3438 swing low is the near-term floor under the session high cap at 1.34608.
Support: 1.34386, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
Loss of 1.34386 opens the path back to the 200-dma at 1.3415
Close above 1.34608 reasserts the rally toward the 1.3465 cap
UK CPI Wed 06:00 UTC could materially shift this read
02:01 UTC
Uptrend, pulling back · RSI 48 · price 1.34376
Session high rejected, retracing from 1.3461.
Cable rallied off 1.3398 through the 200-DMA pivot ~1.3415 to a session high at 1.34608 on US-Iran de-escalation risk-on, then faded back to 1.3438 with RSI(14) cooling toward neutral. The breakout above the 200-DMA holds for now but momentum has stalled under the 1.3465 cap.
Support: 1.34376, 1.3415, 1.33979
Resistance: 1.34608, 1.34465
What it said to watch
M15 close below 1.3415 (200-DMA) negates the breakout
Reclaim of 1.34465 reopens the 1.34608 session high
Early Monday Asia session rallied off the weekend open from 1.33979 to a session high of 1.34608, then faded to 1.34417 — still holding above the 200-DMA pivot near 1.3415. RSI(14) cooling from the spike as the pullback unwinds the run; the de-escalation-driven risk-on bid from last week underpins the move but the 1.3465 cap remains the ceiling.
Support: 1.34386, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
M15 close above 1.34608 then 1.3465 opens the path higher
Loss of 1.34386 then 1.3415 negates the up-leg
UK CPI Wed 06:00 UTC could materially shift this read
Cable opened the week with a sharp Asia-session rally through the 200-DMA pivot at 1.3415 to a 1.34608 high, driven by US-Iran de-escalation risk-on. Price has since stalled and faded back to 1.3442, holding above 1.34386; RSI(14) cooling from the rally peak, no fresh extreme.
Support: 1.34386, 1.3415
Resistance: 1.34608, 1.3465
What it said to watch
Close above 1.34608 opens the path to the 1.3465 cap
Failure to hold 1.34386 puts the 200-DMA at 1.3415 back in play
UK CPI Wed 06:00 UTC is the week's key catalyst for this read
Thin week-open liquidity drove cable up through the 200-DMA pivot ~1.3415 to a 1.3461 session high on US-Iran de-escalation risk-on, before rejection near the 1.3465 cap. Price has since eased to 1.3442, holding above EMA20 with RSI(14) cooling from the highs.
Support: 1.3439, 1.3415
Resistance: 1.3461, 1.3465
What it said to watch
Loss of 1.3415 200-dma pivot would negate the week-open rally read
Reclaim and close above 1.3465 cap opens room higher
UK CPI Wed 06:00 UTC is the dominant catalyst for this read
01:31 UTC
Uptrend, momentum cooling · RSI 56 · price 1.3442
Rally off session open, pullback from highs.
New-week open ran cable up through the 200-DMA ~1.3415 to a 1.34608 session high before stalling at the 1.3465 cap. Rejection there has pulled price back to 1.3442 and just under the EMA20; the 1.3439 swing low is the first level holding the pullback.
Support: 1.34386, 1.3415, 1.33979
Resistance: 1.34608, 1.3465
What it said to watch
Close back above 1.34608 reopens the 1.3465 cap test
Loss of 1.34386 swing low exposes the 200-DMA ~1.3415 pivot
Failure to reclaim 1.3415 on a deeper slip negates the open rally
Session rally off the open, pulling back from high.
Cable rallied sharply on the week open from 1.3398 to 1.34608, clearing the 200-DMA pivot ~1.3415 on US-Iran de-escalation optimism. Price has since slipped back to 1.3442, with RSI(14) cooling from the highs as the session high near 1.3460 caps. Pullback finding interim demand around the 1.34415 session low.
Support: 1.34415, 1.3415, 1.33979
Resistance: 1.34608, 1.3465
What it said to watch
Close below 1.3415 (200-DMA) negates the breakout read
Reclaim of 1.34608 reopens the 1.3465 cap
UK CPI Wed 06:00 UTC could materially shift this read
Broke above 200-DMA, session high made then fading.
Asian session ripped through the 200-DMA ~1.3415 to a session high of 1.34608 on US-Iran de-escalation risk-on, then rejected and pulled back to 1.34422. RSI cooling from the rally peak; momentum light into the 1.3465 cap.
Support: 1.3415, 1.33979
Resistance: 1.34608, 1.3465
What it said to watch
M15 close back below 1.3415 (200-DMA) negates the breakout
Reclaim of 1.34608 reopens the 1.3465 cap
UK CPI Wed 06:00 UTC is the dominant near-term catalyst
Cable opened the week with a small gap lower then rallied hard from 1.33979 to a session high of 1.34608 on US-Iran de-escalation risk-on. Now consolidating just under that high near 1.3455 with RSI cooling from the highs; the 1.34608 session high is the immediate cap.
Support: 1.3445, 1.34191
Resistance: 1.34608, 1.3465
What it said to watch
M15 close above 1.34608 opens the path to the 1.34650 cap
Failure to hold the 1.34450 swing low breaks the rising structure
UK CPI Wed and FOMC Wed could materially shift this read
Cable gapped higher into the new week and rallied through the 200-DMA ~1.3415 toward the 1.3465 cap on US-Iran de-escalation risk-on and a softer dollar. Price is consolidating just under the 1.34608 session high with RSI(14) easing off but no rejection yet.
Support: 1.34449, 1.3415, 1.3400
Resistance: 1.34608, 1.3465
What it said to watch
Break and hold above 1.34608 opens the path to the 1.3465 cap
Loss of 1.34449 would mark the first lower-low of the rally
UK CPI Wed 06:00 UTC is the dominant catalyst ahead
New week opened with a gap and a sharp rally, GBPUSD pushing from 1.3398 to a session high at 1.3461 with RSI(14) elevated near 68. Price is consolidating just under the 1.3465 range cap noted in the broader 1.3340-1.3465 band; momentum has flattened into the high.
Support: 1.3445, 1.3426, 1.3415
Resistance: 1.3461, 1.3465
What it said to watch
M15 close above 1.3465 clears the range cap and opens room higher
Loss of 1.3445 consol low signals the rally stalling
UK CPI Wed 06:00 UTC is the dominant catalyst for this band
00:45 UTC
Uptrend, momentum strong · RSI 70 · price 1.3454
Higher highs off weekend open.
New week opened with a sharp rally from the weekend gap near 1.3398, clearing the 200-DMA at 1.3415 and pressing session highs at 1.3461 with RSI(14) hot near 70. Buyers held a rising support around 1.3445 through the climb; the 1.3461/1.3465 range cap is the immediate area to watch for rejection or break.
Support: 1.3445, 1.3415
Resistance: 1.3461, 1.3465
What it said to watch
M15 close above 1.3465 opens the path higher beyond the range cap
Failure to hold 1.3445 signals a pullback toward the 1.3415 200-DMA
UK CPI Wed 06:00 UTC could materially reshape this read
00:31 UTC
Uptrend, momentum hot · RSI 74 · price 1.34589
Impulsive rally off Sunday open, HH/HL chain into session high.
GBPUSD gapped higher on the Sunday open and ran from 1.3398 to a 1.34602 session high, with RSI(14) running hot near 74 as US-Iran de-escalation pressures the dollar. Price is pinned just under the 1.3465 range cap flagged by the broader 1.3340-1.3465 band, with the 1.34465 breakout shelf as first support.
Support: 1.34465, 1.34191, 1.3415
Resistance: 1.34602, 1.3465
What it said to watch
M15 close above 1.3465 extends the rally beyond the range cap
Loss of 1.34465 breakout shelf signals the move stalling
UK CPI Wed 06:00 UTC is the dominant catalyst for this range
00:30 UTC
Uptrend, strong momentum · RSI 74 · price 1.34589
Post-gap impulse, HH/HL chain.
Monday Asia open gapped GBPUSD higher on a softer dollar amid US-Iran de-escalation, driving a clean run from 1.3398 to test the 1.3465 range cap; price now at 1.34589 just under the 1.34602 session high. RSI(14) hot near 73 but momentum intact, with shallow pullbacks holding above 1.3450.
Support: 1.3450, 1.3445, 1.3426
Resistance: 1.34602, 1.3465
What it said to watch
Sustained close above 1.3465 range cap opens room higher
Loss of 1.3450 pullback low signals the impulse stalling
UK CPI Wed 06:00 UTC is the cleaner GBP catalyst ahead
Fresh impulse off the open, consolidating below session high.
New week opened with a sharp rally from 1.3398 to a session high of 1.3454, RSI(14) running hot near 71 as US-Iran de-escalation kept the dollar soft. Price is now consolidating just under that high, holding above the 1.3445 pullback low.
Support: 1.34449, 1.34191, 1.3400
Resistance: 1.34541, 1.3465
What it said to watch
Close above 1.3454 opens the path to the 1.3465 range cap
Failure to hold 1.3445 stalls the impulse and reopens 1.3419
UK CPI Wed 06:00 UTC is the next material catalyst for this pair
Gap-up rally, now consolidating near session high.
Sunday reopen gapped higher and rallied to 1.34541 as US-Iran de-escalation softened the dollar. Price is now consolidating in a tight 1.3445-1.3454 band just under the session high, with RSI(14) holding the high-60s.
Support: 1.3445, 1.3425, 1.3400
Resistance: 1.34541, 1.3465
What it said to watch
M15 close above 1.34541 opens the path to the 1.3465 cap
Loss of 1.34450 risks a slide toward the 1.3425 rally base
UK CPI Wed 06:00 UTC could reset this range
00:01 UTC
Uptrend, consolidating near highs · RSI 72 · price 1.34499
Breakout above prior range, holding session high.
Monday Asia open gapped higher and rallied through the prior 1.3425 cap to a session high of 1.34542, RSI(14) running hot near 71. Price now coiling in a tight 1.3445-1.3452 range on thin volume as buyers hold the breakout.
Support: 1.3445, 1.3425, 1.3415
Resistance: 1.34542, 1.3465
What it said to watch
Loss of 1.3445 would put the breakout back at the 1.3425 level
Close above 1.34542 opens the 1.3465 weekly cap
UK CPI Wed 06:00 UTC is the dominant catalyst for this read
GBPUSD gapped higher into the new session and rallied from 1.3398 to a 1.34541 session high on broad USD softness, clearing the 1.3415 200-DMA. Price is now consolidating just below the high, RSI(14) elevated near 70 but not extreme; the 1.34250 breakout level is the first level to watch on any pullback.
Support: 1.3425, 1.34073, 1.3415
Resistance: 1.34541, 1.3465
What it said to watch
Close back below 1.34250 invalidates the breakout read
Acceptance above 1.34541 opens the 1.34650 range cap
UK CPI Wed 06:00 UTC could materially shift this read