Cable rallied off the 1.3398 gap open to a 1.34608 week high as the US-Iran deal drained the USD bid, but has bled lower since with a sequence of lower highs and now sits back below EMA20. Price is grinding into the 1.34043 session low and the 1.3400 psych level, with RSI(14) sagging near 40 confirming the loss of upside momentum.
Support: 1.34043, 1.3400, 1.3382
Resistance: 1.3428, 1.34608
What it said to watch
UK CPI Wed 06:00 UTC is the key swing factor for this read
FOMC Wed 18:00 UTC could materially shift the USD leg
H1 close below 1.3400 confirms a deeper pullback toward 1.3382
Reclaim of 1.34280 lower high needed to reassert the uptrend
22:01 UTC
Uptrend stalling, pulling back · RSI 43 · price 1.3412
Rolled off 10-day high, lower highs forming.
Cable rallied off Monday's 1.3325 low through the 1.3415 area to a 10-day high near 1.3460 on US-Iran-driven dollar weakness, but stalled below the 1.3500 psych level and has rolled over through the NY session back to 1.3412. Price now sits below the H1 EMA20 and EMA50 with RSI cycling lower toward 42, and supply capped two attempts near 1.3460. UK CPI Wed is the swing factor for the week's range.
Support: 1.3406, 1.3375, 1.3325
Resistance: 1.3440, 1.3460, 1.3500
What it said to watch
H1 close below 1.3406 session low opens the path to 1.3375 then 1.3325
Reclaim of 1.3440 prior high needed to re-challenge the 1.3460 week high
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
Cable rallied from the 1.3325 mid-week low through the 1.3415 area to a 10-day high near 1.3460 as US-Iran de-escalation pressured the dollar, but the move stalled below the 1.3500 monthly high and has since rolled over into a pullback. Price has slipped under EMA20 (~1.3426) with RSI cooling toward 41, and lower highs have formed off the 1.3460 print. 1.3400 is the immediate level being tested.
Support: 1.3400, 1.3388, 1.3325
Resistance: 1.3426, 1.3460, 1.3500
What it said to watch
H1 close back above EMA20 ~1.3426 would re-engage the week's uptrend
Failure to hold 1.3400 opens the path to 1.3388 then 1.3325
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC are the week's swing factors for this read
Cable gapped into Monday's open near 1.3398 and rallied to a week high at 1.3460 on USD weakness after the US-Iran de-escalation, but the move stalled below the 1.3500 monthly high. Price has since drifted back under EMA20 with RSI(14) cooling toward 40, and the rally's 38.2% retrace sits around current 1.3412. The 1.3325 week low marks the prior demand base for this move.
Support: 1.3398, 1.3325
Resistance: 1.3460, 1.3500
What it said to watch
H1 close above 1.3460 opens the path to the 1.3500 monthly high
Failure to hold the 1.3398 week open exposes 1.3325
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially shift this read
Rally off Monday low capped below 1.3460, rolling over.
Cable rallied from Monday's ~1.3325 low through the 1.3415 200-day SMA to a 10-day high near 1.3460 on broad USD weakness after the US-Iran deal drained the safe-haven bid. That advance stalled below the 1.3469 50-day MA and 1.3500 monthly high, and price has since drifted back under EMA20/EMA50 with RSI cooling toward the mid-40s. The 1.3406–1.3415 zone is now the immediate pivot for whether the week's higher-low structure holds.
Support: 1.3406, 1.3415, 1.3325
Resistance: 1.3460, 1.3469, 1.3500
What it said to watch
Hourly close below 1.3415 200d sma confirms a lower low and exposes 1.3325 week low
Reclaim of 1.3460 week high reopens the path to 1.3469 50d ma and 1.3500 psych level
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially reshape this read
20:01 UTC
Uptrend, momentum fading · RSI 45 · price 1.34201
Recovery off lows, capped below week high.
Cable rebuilt from the ~1.3325 lows through the 200-day region toward a 1.3460 week high on broad USD weakness after the US-Iran de-escalation drained the safe-haven bid. That high capped two attempts before price slipped back below EMA(20) into 1.3420, with RSI(14) rolling off into the mid-40s. The recovery structure still holds above EMA(50) but momentum has cooled into the FOMC/CPI week.
Support: 1.34168, 1.3405, 1.3325
Resistance: 1.34608, 1.3500
What it said to watch
H1 close below 1.34168 exposes the 1.3325 week low
Reclaim of 1.34608 needed to challenge the 1.3500 psych level
UK CPI Wed 06:00 UTC could materially shift this read
20:01 UTC
Uptrend stalling, pulling back · RSI 43 · price 1.34201
10-day high capped, lower highs forming.
Cable rallied off ~1.3325 through the weekend gap into a 10-day high at 1.3461 during the NY session, riding USD weakness on US-Iran de-escalation, but stalled below 1.35. Since the peak price has carved lower highs and slipped back under the EMA20 (~1.3435), now probing the 1.3418 swing low with RSI(14) cooling toward 43. The week's impulse is holding above EMA50 but momentum has faded ahead of UK CPI and the FOMC.
Support: 1.3418, 1.3404, 1.3380
Resistance: 1.3435, 1.3461
What it said to watch
H1 close below 1.3418 confirms a lower-low, opening the 1.3404 prior close and gap area toward 1.3380
Reclaim of the 1.3435 EMA20 puts the 1.3461 week high back in play
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC are the dominant catalysts and could reset this range
Cable rallied from Thursday's 1.3325 low through the 200-day SMA at 1.3415 to a fresh week high near 1.3460, riding USD weakness after the US-Iran de-escalation drained the safe-haven bid. The move stalled below 1.3500 during Monday's London session and price has since drifted back under EMA(20), consolidating in the 1.3418–1.3460 band with RSI cooling toward 48. UK CPI Wednesday is the dominant swing factor into the BoE.
Support: 1.3418, 1.3415, 1.33248
Resistance: 1.34608, 1.3500
What it said to watch
H1 close above 1.3460 week high opens the path to 1.3500
Failure to hold 1.3415 200-day SMA reopens 1.3325 week low
UK CPI Wed 06:00 UTC and FOMC same day could reset this range read
Higher highs into 1.3460, now consolidating below EMA20.
Cable rallied off the 1.3380 area through the week as the US-Iran de-escalation drained the USD bid, tagging a fresh 10-day high at 1.3460 before stalling below the 1.3500 monthly cap. Since the NY session the pair has drifted into a tight consolidation near 1.3428, slipping back under EMA20 while holding above EMA50, with RSI(14) easing back toward the midline. The 1.3418 swing low is the pivot for the week's range; supply capped two pushes at 1.3460.
Support: 1.34182, 1.34038, 1.3379
Resistance: 1.34608, 1.3500
What it said to watch
Hourly close above 1.3460 opens the path to the 1.3500 monthly high
Failure to hold 1.3418 exposes 1.3404 and confirms a lower low
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially reshape this read
Cable rallied off the 1.3325 week low through the 200-day region to a 10-day high at 1.3460 as the US-Iran de-escalation drained the USD safe-haven bid. Price has since coiled in a tight 1.3418-1.3460 band, with RSI(14) flattening near 52 and the EMA(20) capping the latest bars. Demand has stepped in repeatedly around 1.3418 while supply caps attempts toward the week high.
Support: 1.3418, 1.3393, 1.3325
Resistance: 1.3460, 1.3500
What it said to watch
H1 close above 1.3460 opens the path to the 1.3500 monthly high
Loss of 1.3418 swing low confirms a lower-low and exposes 1.3393
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially shift this read
Cable rallied off the Monday open near 1.3398 to a 10-day high at 1.3460 as the USD softened on the US-Iran de-escalation. The move has stalled below that high through the NY session, with price drifting back to the 1.3424–1.3440 zone and RSI(14) cooling to the mid-50s. Higher lows since Monday keep price above EMA20 and EMA50, but the 1.3460 cap has held two attempts.
Support: 1.3418, 1.3382
Resistance: 1.3460, 1.3500
What it said to watch
H1 close above 1.3460 week high opens the path to 1.3500
Failure to hold 1.3418 swing low breaks the rising higher-low sequence
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially shift this read
Cable rallied from Monday's open near 1.3398 to a week high at 1.34608 on broad USD weakness after the US-Iran de-escalation, but stalled below the 1.3500 monthly high. Price has since drifted back through EMA(20) toward the 200-dma at 1.3415, with the session low at 1.34182 now the immediate floor and RSI(14) cycling back to the mid-40s. The advance is correcting but holding above EMA(50).
Support: 1.34182, 1.3415, 1.3398
Resistance: 1.3438, 1.34608, 1.3500
What it said to watch
UK CPI Wed 06:00 UTC is the swing factor and could materially shift this read
Failure to hold the 1.3415 200-dma / 1.34182 session low opens the path back toward the 1.3398 week open
H1 close back above 1.34608 week high reopens the 1.3500 monthly high
Cable climbed off the 1.3324 low through midweek and tagged a 10-day high at 1.3460 as US-Iran de-escalation drained the USD bid; the move stalled there and price has since drifted back to the EMA20. The 1.3460 week high capped the latest push and price is now consolidating above the 1.3418 swing low, with RSI(14) easing back toward 50.
Support: 1.3418, 1.3398
Resistance: 1.3460, 1.3500
What it said to watch
H1 close above 1.3460 week high opens the path to the 1.3500 monthly high
Loss of 1.3418 swing low exposes the 1.3398 week open
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially shift this read
Cable opened the new week with a gap higher and ran to a fresh 10-day high near 1.3460, a USD-led move as the US-Iran risk-on bid drained the dollar. The 1.3460/1.3469 (50-DMA) zone capped the advance into the NY session and price has eased back to 1.3438, still holding above the H1 EMA(20). Range structure below 1.3500 remains intact with the 200-DMA near 1.3415 as the first downside reference.
Support: 1.3418, 1.3415, 1.3398
Resistance: 1.3460, 1.3469, 1.3500
What it said to watch
Hourly close below 1.3415 (200-dma) would break the week's higher-low sequence
Sustained move above 1.3469 (50-dma) opens the path toward 1.3500
UK CPI Wed and FOMC Wed are the dominant catalysts and could reset this read
Breakout to 10-day high, holding above broken range.
Cable gapped higher into the new week and ran to a fresh 10-day high at 1.34608, a USD-led move as the US-Iran deal drained the safe-haven bid. Price has since eased back to 1.3438 but holds above EMA20 and EMA50, keeping the breakout from the prior 1.333-1.341 range intact. RSI(14) near 57 reflects the pullback off the highs rather than fresh momentum.
Support: 1.34168, 1.33979, 1.3415
Resistance: 1.34608, 1.3500
What it said to watch
UK CPI Wed 06:00 GMT and US Fed Wed 18:00 UTC are the dominant near-term catalysts for this read
Failure to hold 1.34168 reopens 1.33979 day open and the 1.3415 200-dma
H1 close above 1.34608 puts the 1.3500 monthly cap in play
Higher low after week-high rejection, now consolidating.
Cable rallied off Monday's open near 1.33979 to a 10-day high at 1.34608, a USD-led move as fading safe-haven demand post US-Iran headlines pressured the dollar. That high was rejected and price has since carved a higher low at 1.34168, consolidating in the 1.3417–1.3460 band with RSI(14) back near the midline. Price is hugging EMA(20), so the week's upside momentum has flattened while still holding the rising structure.
Support: 1.34168, 1.33979
Resistance: 1.34608, 1.3500
What it said to watch
H1 close above 1.34608 week high opens the path toward 1.3500
Failure to hold 1.34168 confirms a lower low and exposes the 1.33979 weekly open
UK CPI and FOMC Wed could materially shift this read
Cable gapped higher into the new week and rallied to a 10-day high near 1.34608, the move USD-led as a reported US-Iran de-escalation drained safe-haven demand. Price has since stalled and is consolidating in the 1.3420–1.3460 band, holding above EMA20/EMA50 with RSI(14) easing back toward the mid-50s. The week high at 1.34608 and the 50-DMA at 1.3469 cap the upside, with the 200-DMA near 1.3415 underpinning.
Support: 1.34168, 1.3415, 1.33248
Resistance: 1.34608, 1.3469, 1.3500
What it said to watch
Hourly close above 1.3469 opens the 1.3500 monthly cap
Failure to hold 1.3415 200-dma exposes the 1.3325 week low
UK CPI and FOMC Wed could materially shift this read
14:01 UTC
Uptrend, momentum fading · RSI 46 · price 1.34283
Pullback from week high after stalled rally.
Cable gapped higher into Monday's open and rallied to a 10-day high near 1.3460 on broad USD softness after the reported US-Iran deal drained safe-haven demand. The advance stalled there and has drifted back toward 1.342, with price now slipping under EMA20 while holding above EMA50; RSI(14) has cooled off the highs. The 1.3460 week high capped the move, with the 50-DMA at 1.3469 and 1.3500 monthly cap above.
Support: 1.34168, 1.3415, 1.33979
Resistance: 1.34608, 1.3469, 1.3500
What it said to watch
UK CPI and FOMC Wed are the dominant catalysts and could materially shift this read
Close above 1.3460 week high reopens the 50-dma at 1.3469 and 1.3500
Failure to hold 1.3415 (200-dma) confirms a lower-low and opens the 1.3340s
Cable gapped higher into Monday's session and ran to a fresh 10-day high at 1.3461, a USD-led move as the reported US-Iran deal drained safe-haven demand. Price has since drifted off the high into a tight consolidation, with H1 RSI fading from 70 toward neutral as the rally lost pace below the 1.3500 cap. Holding above EMA20 (~1.3418) for now, but the higher high came on weaker momentum.
Support: 1.34182, 1.34038
Resistance: 1.34608, 1.3450
What it said to watch
Loss of 1.3418 EMA20 and 1.3404 week open would confirm the pullback deepening
Close above 1.3461 reopens the 1.3500 psych cap
UK CPI Wed 06:00 GMT and FOMC Wed 18:00 UTC are the dominant near-term catalysts
Cable gapped up over the weekend and ran to a fresh 10-day high at 1.34608 on USD softness around the reported US-Iran risk-on move, then faded through NY hours back toward 1.342 and slipped under EMA(20). RSI(14) has cooled to the mid-40s as the pullback holds above the 1.33979 week open. Price is consolidating in the upper half of the week's rally, with 1.34608 capping and the 1.3500 monthly cap still untested.
Support: 1.34182, 1.33979, 1.33248
Resistance: 1.34608, 1.3500
What it said to watch
H1 close above 1.34608 reopens the 1.3500 cap
Failure to hold 1.34182 exposes the 1.33979 week open
UK CPI and Fed both Wed are the dominant catalysts for the next sessions
Cable rallied off Monday's gap into a fresh 10-day high near 1.3461, a USD-led move as the US-Iran risk-on tone drained dollar demand. Since the NY session, price has rejected that high twice and slipped back under EMA(20) to consolidate around 1.3424, with RSI(14) cycling back toward the midline. The 1.3418 swing low is holding for now, capping the pullback above EMA(50).
Support: 1.3418, 1.3404, 1.3382
Resistance: 1.3461, 1.3500
What it said to watch
Sustained H1 close below 1.3418 confirms a lower-low and opens 1.3404
Reclaim of 1.3461 reopens the path toward 1.3500
UK CPI and FOMC both Wed could materially shift this read
12:01 UTC
Uptrend, momentum cooling after week high · RSI 49 · price 1.34257
Higher low off mid-week base, pulling back from 1.3460 peak.
Cable gapped higher into the new week and ran to a 10-day high at 1.34608 on the US-Iran risk-on bid, but supply capped the move below the 50-dma at 1.3469. Price has since rolled back under EMA20, with RSI(14) cooling toward 50 and the pullback now leaning on the 1.3418–1.3415 200-dma area. Structure stays higher above the mid-week 1.33248 base, but momentum has flattened ahead of midweek catalysts.
Support: 1.34182, 1.3415, 1.33979
Resistance: 1.34608, 1.3469, 1.3500
What it said to watch
Hourly close back above 1.34608 reopens 1.3469 and the 1.3500 monthly high
Loss of the 1.3415 200-dma confirms a deeper pullback into low-1.33s
UK CPI Wed and FOMC dots could materially reset this read
12:01 UTC
Recovery uptrend, pace easing · RSI 48 · price 1.34257
V-recovery off week lows, consolidating below 1.3460.
Cable carved a V this week — sold into the low-1.33s early before the US-Iran de-escalation and softer dollar drove a sharp recovery through the 200-dma at 1.3415 to a 10-day high at 1.3460 in the prior session. Price has since drifted back into the EMA20 with RSI cooling toward neutral; the 1.3460 cap held twice. Holding above the 1.3415 200-dma keeps the recovery structure intact.
Support: 1.3415, 1.3382, 1.3325
Resistance: 1.3460, 1.3500
What it said to watch
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially shift this read
H1 close above 1.3460 opens the path toward the 1.3500 monthly high
Failure to hold 1.3415 reopens the low-1.33s
11:01 UTC
Uptrend, pulling back · RSI 47 · price 1.34258
Higher lows off 1.3325, capped sub-1.3461.
Cable rallied off the ~1.3325 swing low and gapped higher over the weekend, peaking near 1.3461 as the US-Iran relief drained the safe-haven USD bid. Price has since slipped back below EMA20 into the NY session, with RSI(14) cooling toward 47 as the move loses steam. The 50-day cap near 1.3469 and week high at 1.34608 have contained upside; pullback now testing the 1.3418 session low.
Support: 1.34182, 1.3415, 1.3400
Resistance: 1.34608, 1.3469
What it said to watch
H1 close above 1.34608 / 50-day 1.3469 opens path higher
Failure to hold 1.34182 exposes the 200-day ~1.3415 then low-1.33s
UK CPI Wed 06:00 GMT is the key pre-BoE catalyst for this read
Cable climbed through the week from Wednesday's 1.3325 low to a 1.3461 week high after the US-Iran relief drained the USD bid, but the advance stalled just shy of the 50-day cap near 1.3469. Price has since faded back through EMA20 into NY hours, with RSI cooling off the highs as the pullback tests the 1.3418 swing low. Higher-low structure off Wednesday still holds while the 200-day region near 1.3415 underpins.
Support: 1.3418, 1.3404, 1.3415
Resistance: 1.3461, 1.3469
What it said to watch
UK CPI Wed 06:00 GMT is the key pre-BoE catalyst and could shift this read
Hold of the 1.3418 swing low keeps the higher-low sequence intact
Close below 1.3404 prior close confirms a lower-low
Reclaim above 1.3461 week high reopens the 50-day cap
Cable pushed off last week's low-1.33s base into the mid-1.34s on US-Iran relief and a softer USD. The rally stalled below the 50-day cap near 1.3469, printing 1.3461 before fading back to the EMA20 zone with RSI(14) cooling to the low 50s. Weekly open at 1.3398 and the 200-day around 1.3415 underpin the higher-low structure off the low-1.33s.
Support: 1.34182, 1.3415, 1.33979
Resistance: 1.34608, 1.3469
What it said to watch
UK CPI Wed 06:00 GMT is the key catalyst — could materially shift this read
H1 close above 1.34690 clears the 50-day cap and opens fresh week highs
Failure to hold 1.3415 (200-day) exposes the weekly open at 1.3398
Cable opened this week near 1.3398 and rallied through the 1.34s as the US-Iran relief de-risked the dollar, tagging a week high at 1.34608 before fading. Price has since drifted back toward the rising intraday lows around 1.34180, holding above EMA20 with RSI(14) cooling off the highs toward the mid-50s. The 50-day cap near 1.3469 sits between current price and a clean break of the week high.
Support: 1.34182, 1.33979
Resistance: 1.34608, 1.3469
What it said to watch
UK CPI Wed 06:00 GMT is the key pre-BoE catalyst and could reset this read
Loss of 1.34182 exposes the 1.33979 weekly open
Close above 1.34608 reopens the path to the 1.3469 50-day cap
Higher highs off Friday's low, pulling back from week high.
GBPUSD gapped higher into Monday's open and ran to a 1.3461 week high through European hours as the US Dollar softened on US-Iran de-escalation; the move was USD-led rather than GBP strength. Price has since faded to 1.3431 and is sitting on the H1 EMA(20), with RSI(14) cooling back toward 55 after the impulse. The 1.3415 200-day SMA underpins the recovery while the 50-day MA near 1.3469 caps overhead.
Support: 1.3429, 1.3415, 1.3325
Resistance: 1.3461, 1.3469
What it said to watch
UK CPI Wed 06:00 GMT and FOMC Wed could materially shift this read
Hourly close below 1.3415 negates the week's recovery and exposes low-1.33s
A close above 1.3461 opens the path toward the 50-day MA at 1.3469
09:01 UTC
Uptrend, pulling back from highs · RSI 54 · price 1.34308
Higher highs into week high, intraday retrace.
GBPUSD gapped higher into this week's open and extended to a 1.34608 session high during European hours as the US Dollar softened on the US-Iran deal headlines. The pullback since has slipped back under EMA(20) toward 1.34280, with RSI(14) cycling mid-range after the rejection at the highs. Price still holds well above EMA(50), keeping the broader weekly advance intact.
Support: 1.3428, 1.34038
Resistance: 1.34608
What it said to watch
H1 close back above 1.34540 reasserts the push toward the 1.34608 week high
Loss of 1.34280 session low opens the 1.34038 Friday close
UK CPI Wed 06:00 GMT and FOMC Wed 18:00 UTC could materially shift this read
Higher highs since Monday's open, capped below week high.
GBPUSD gapped higher into Monday's open and ran through London to print a week high at 1.34608 before easing back to 1.3442, holding well above EMA20 and EMA50. The advance lifted price clear of the 200-DMA pivot at 1.3415, with the 50-DMA near 1.3469 now the next overhead cap. RSI(14) sits in the low-60s as the latest bars consolidate just under the highs.
Support: 1.3415, 1.34038, 1.3388
Resistance: 1.34608, 1.3469
What it said to watch
Sustained move above 1.34608 opens the path to the 50-dma cap near 1.3469
Loss of the 200-dma at 1.3415 would neutralise this week's breakout
UK CPI Wed 06:00 UTC and FOMC same day could materially shift this read
GBPUSD gapped lower into the new week then rallied through Monday's London-NY hours from 1.3398 to a 1.34608 high, clearing the 200-DMA pivot at 1.3415. Price has since drifted into a tight consolidation around 1.344 with RSI(14) easing off its highs, holding above both EMAs. The 50-DMA cap near 1.3469 remains untested while the move sits in front of Wednesday's UK CPI and FOMC.
Support: 1.34347, 1.3415, 1.33979
Resistance: 1.34608, 1.3469
What it said to watch
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC are the dominant risks for this read
H1 close above 1.34608 opens the path to the 50-dma at 1.3469
Failure to hold 1.3415 (200-dma) reopens the 1.33979 weekly open
07:01 UTC
Uptrend, extending off weekly open · RSI 69 · price 1.34554
Higher highs, range break above 1.342.
GBPUSD rallied off the weekly reopen near 1.3398 and cleared the prior 1.333–1.342 range, pushing to 1.345 as US-Iran de-escalation kept the dollar's haven bid soft. Price holds above EMA20 and EMA50 with RSI in the high-60s, now pressing the 50-DMA cap at 1.3465–1.3469 noted in the macro read. The 200-DMA pivot at 1.3415 has flipped to support beneath the move.
Support: 1.3438, 1.3415, 1.3398
Resistance: 1.34608
What it said to watch
Hourly close above 1.3469 (50-dma) opens the path higher
Failure to hold 1.3415 (200-dma) undermines the breakout read
UK CPI Wed 06:00 UTC could materially shift this read
07:01 UTC
Uptrend, approaching cap · RSI 65 · price 1.34554
Higher highs/lows off Friday low, near week highs.
GBPUSD gapped higher into Monday's London open and extended the recovery off Friday's 1.3325 low, with the move framed by easing US-Iran tensions and a softer dollar haven bid. Price now sits above EMA20/EMA50 and is pressing the week high at 1.3460, just below the 50-DMA cap near 1.3465. RSI(14) is elevated around 65 but not yet stretched as the rally pauses into thin Monday liquidity.
Support: 1.3437, 1.3415, 1.3400
Resistance: 1.34608, 1.3465
What it said to watch
Hourly close above 1.3465 (50-dma cap) opens the path higher
Failure to hold 1.3437 session low risks a slide back to the 1.3415 200-dma pivot
UK CPI Wed 06:00 UTC and FOMC later that day could materially shift this read
GBPUSD gapped higher into this week's open and rallied through 1.3450 to tag 1.3461, the week high, before stalling. Price has held above the 200-day at 1.3415 since reclaiming it last week, with EMA20 supporting pullbacks and RSI(14) cycling in the 55-65 zone. The 1.3461-1.3469 band — week high and 50-day cap — has so far contained the advance.
Support: 1.3437, 1.3415, 1.3398
Resistance: 1.3461, 1.3469
What it said to watch
Hourly close above 1.3469 opens the path toward fresh week highs
Failure to hold 1.3415 (200-day) reopens the 1.3398 weekly open
UK CPI Wed 06:00 GMT is this week's main catalyst and could reset the range
06:01 UTC
Uptrend, extended into range top · RSI 66 · price 1.34521
Higher highs after breaking 1.3415.
Cable rallied off the 1.3325 low through the 200-day SMA at 1.3415 and gapped higher into the week's open, pressing the 1.3460-1.3465 cap. The move firmed as US-Iran de-escalation steadied risk appetite while UK data stayed mixed; price now sits just below the week high at 1.34608 with RSI elevated near 66. Pullbacks have been shallow, holding above the 1.3437 session low.
Support: 1.3437, 1.3415, 1.33979
Resistance: 1.34608, 1.3465
What it said to watch
Sustained H1 close above 1.34650 opens room beyond the 50-day cap
Loss of 1.34150 (200-day sma) would negate the breakout
UK CPI Wed 06:00 GMT is the week's main catalyst and could reset this read
05:01 UTC
Uptrend, consolidating near highs · RSI 61 · price 1.34433
Higher highs since the 1.3325 bounce, now ranging below week high.
GBPUSD rallied from this week's open, climbing off the 1.3325 low to print a 1.3461 week high before settling around 1.3443 in the Asian session. Price holds above the 200-day at 1.3415 with RSI cycling in the 50s-60s, and the 50-day cap near 1.3469 has yet to be tested. The move firmed as risk appetite improved on US-Iran de-escalation.
Support: 1.34326, 1.3415, 1.3404
Resistance: 1.34608, 1.3469
What it said to watch
H1 close above 1.3469 50-day cap opens room higher
Failure to hold 1.3415 200-day signals a deeper pullback
UK CPI Wed 06:00 GMT is the week's main catalyst
05:01 UTC
Uptrend, extended into resistance · RSI 63 · price 1.34433
Higher highs and higher lows since the weekly gap.
GBPUSD opened the week with a gap higher and rallied through the 1.3415 200-day into the NY session, clearing the prior-week 1.3430 cap and tagging 1.3461. Price now consolidates just under the week high with RSI(14) elevated near 63 and holding above EMA(20); the 50-day cap at 1.3465-1.3469 is the next overhead band. The advance has tracked an improved-risk tone after US-Iran de-escalation, with the dollar holding firm but not pressing.
Support: 1.3425, 1.3415, 1.3383
Resistance: 1.34608, 1.3465
What it said to watch
Hourly close above 1.34608 opens the 1.3465 cap
Failure to hold 1.34250 gap open negates the breakout read
UK CPI Wed 06:00 GMT and FOMC Wed 18:00 UTC are the week's catalysts and can reshape this read
04:01 UTC
Uptrend, recovering off the lows · RSI 58 · price 1.34397
Higher lows since Thursday's 1.3325 base.
GBPUSD rebased off Thursday's 1.3325 low and reclaimed the 200-day at 1.3415, gapping higher into Monday's open and tagging 1.3461 before easing back to 1.3440. Price holds above EMA20 and EMA50 with RSI cycling in the upper-50s; the 1.3461-1.3469 cap rejected the first attempt this session. UK CPI Wednesday is the week's main catalyst and frames the range.
Support: 1.3415, 1.3398, 1.3325
Resistance: 1.3461, 1.3469
What it said to watch
H1 close above 1.3469 opens room beyond the week's range
Loss of 1.3415 (200-day) would break the higher-low sequence
UK CPI Wed and FOMC could materially reset this read
04:00 UTC
Uptrend, momentum slowing into cap · RSI 61 · price 1.34397
Higher lows, testing weekly high.
GBPUSD gapped higher into this week's open and ran to 1.3461 before easing back to 1.3440, holding comfortably above the 200-day SMA at 1.3415. Price sits above both EMA(20) and EMA(50) with RSI(14) cycling in the upper half, but the 1.3465-1.3469 cap has yet to give way. The recovery off the 1.3326 swing low has built a clean series of higher lows.
Support: 1.3415, 1.3377, 1.3326
Resistance: 1.3461, 1.3469
What it said to watch
H1 close above 1.3469 opens the path back toward the prior range top
Loss of 1.3415 (200-day) reopens the 1.3377 session low
UK CPI Wed and FOMC Wed could materially reshape this read
03:01 UTC
Uptrend, momentum easing · RSI 62 · price 1.34359
Higher highs, pullback from week high.
Sterling gapped higher into this week's open and rallied through the 200-day SMA at 1.3415, tagging a week high at 1.34608 before easing back toward 1.3436. The week low at 1.3324 was carved on Thursday's risk-driven swing, and price has held above EMA20/EMA50 since the rebound. RSI(14) cycling in the low 60s as the advance slows ahead of UK CPI and the FOMC midweek.
Support: 1.3415, 1.3398, 1.3324
Resistance: 1.34608
What it said to watch
H1 close back below 1.3415 puts the 200-day break in question
Failure to hold the weekly open at 1.3398 negates the breakout
UK CPI Wed and FOMC Wed could materially shift this read
03:01 UTC
Uptrend, momentum easing · RSI 66 · price 1.34359
Higher highs, pulling back from week high.
Cable gapped higher into this week's open near 1.3398 and rallied through the 200-day at 1.3415, printing a week high at 1.3461 before easing back to 1.3436 — the risk-on impulse following soft US core CPI and improved US-Iran diplomacy. RSI(14) is elevated near 66 as the push stalls just under the 1.3465 cap. Price holds well above EMA20 and EMA50.
Support: 1.3415, 1.34038, 1.3398
Resistance: 1.34608, 1.3465
What it said to watch
H1 close above 1.34608 opens the path toward the 1.3465 cap
Failure to hold the 200-day at 1.3415 reopens 1.3398 week open
UK CPI Wed 06:00 GMT is the week's main catalyst and could reset this read
02:01 UTC
Uptrend, momentum fresh · RSI 68 · price 1.3441
Higher highs since Friday's low, breaking range top.
Cable rallied off Friday's 1.3324 low and pushed through the 200-DMA ~1.3415 into the new week, printing a session high near 1.3461 before easing to 1.3441. RSI(14) is elevated near 67 as price holds above both EMAs, with the 1.3465 cap still defining the upper bound of the broader 1.3340-1.3465 band. The move is momentum-driven on US-Iran de-escalation optimism but remains capped at familiar resistance.
Support: 1.3415, 1.3404, 1.3340
Resistance: 1.3461, 1.3465
What it said to watch
H1 close above 1.3465 cap opens path toward upper extension
Failure to hold the 200-DMA ~1.3415 reopens the 1.3404 weekly open then 1.3340 range low
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC can materially shift this read
02:00 UTC
Uptrend, fresh breakout · RSI 68 · price 1.3441
Range break above weekly cap and 200-dma.
Cable spent most of the week boxed in a 1.3340-1.3434 range before clearing both the prior cap and the 200-DMA pivot ~1.3415 into the new week's open, tagging 1.3461 as US-Iran de-escalation trimmed safe-haven dollar demand. Price now holds well above EMA20/EMA50 with RSI elevated near 68. The 1.3465 cap is the immediate hurdle, with the broken 1.3434 ledge now the reference for the move's validity.
Support: 1.3434, 1.3415, 1.3340
Resistance: 1.3461, 1.3465
What it said to watch
H1 close back below 1.3415 returns price into the prior range
Acceptance above 1.3465 cap opens room toward fresh highs
UK CPI Wed 06:00 UTC could materially reshape this read
01:00 UTC
Uptrend, fresh breakout · RSI 69 · price 1.34514
Range break to the upside.
Cable based around 1.3324–1.3434 through midweek before tearing higher off the weekly low and clearing the 200-DMA ~1.3415 into the new week's open, helped by a softer USD on US-Iran de-escalation. Price now sits at 1.3451, pressing the 1.3454 session high with RSI stretched near 69. The 1.3465 range cap is the next overhead test.
Support: 1.3415, 1.34038, 1.33248
Resistance: 1.34542, 1.3465
What it said to watch
H1 close above 1.3465 extends the breakout
Loss of 1.3415 (200-DMA) reopens the prior range
UK CPI Wed 06:00 UTC could reset this read
01:00 UTC
Uptrend resuming after gap higher · RSI 67 · price 1.34514
Range break above 1.3415 pivot.
Cable opened the week with a gap higher and pushed through the 200-DMA ~1.3415 to print 1.3454, clearing the prior 1.3340-1.3434 congestion as US-Iran de-escalation kept the dollar soft. RSI(14) sits in the mid-60s and price holds above both EMAs, though the move is momentum-light per the macro read. The 1.3465 cap is the next area to watch for rejection or break.
Support: 1.3415, 1.3404, 1.3340
Resistance: 1.3454, 1.3465
What it said to watch
H1 close above 1.3465 opens the path higher
Failure to hold 1.3415 puts the gap fill back into focus
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially shift this read
00:01 UTC
Uptrend, range top breakout · RSI 71 · price 1.34522
Broke above this-week's range, higher high printed.
GBPUSD spent most of the week pinned in a 1.3340-1.3465 band, repeatedly capped near the 1.3415/1.3434 cap. The fresh week opened firm and pushed straight through that pivot into 1.3452, clearing prior resistance as US-Iran de-escalation kept the dollar near one-week lows. Price now sits at the upper edge of the week's range with RSI stretched, the 1.3415 cap flipping to first support beneath.
Support: 1.3415, 1.3400, 1.3334
Resistance: 1.3454, 1.3465
What it said to watch
Hourly close above 1.3465 opens the path beyond the week's range top
Failure to hold the 1.3415 prior cap returns price into the 1.3340-1.3465 band
UK CPI Wed 06:00 UTC is the cleaner catalyst that could reframe this read
00:00 UTC
Uptrend, fresh breakout · RSI 69 · price 1.34522
Range break above this-week cap.
GBPUSD spent the week boxed in a 1.3340-1.3433 band before a weekend gap and the early surge cleared the cap, printing a fresh session high at 1.3454. Price now sits above the 1.3415 200-DMA pivot that had capped attempts all week, with RSI(14) pushing toward overbought as the move stretches. The recovery off Wednesday's 1.3324 low has been clean, helped by a softer dollar after US-Iran de-escalation.
Support: 1.3415, 1.3404, 1.3340
Resistance: 1.3454, 1.3465
What it said to watch
Hourly close above 1.3465 opens the path higher beyond the range cap
Loss of the 1.3415 200-DMA back into the prior range neutralises the breakout
UK CPI Wed 06:00 UTC could materially shift this read