Consolidating just below session high after NY rally.
Cable rallied hard through the 1.3400 200-day area during NY hours on the soft US CPI/PPI misses, peaking at 1.35579. Price is now consolidating 1.3527–1.3557 in thin Asia trade with RSI(14) easing back near 57.
Support: 1.3527, 1.3509, 1.3500
Resistance: 1.35579, 1.3600
What it said to watch
Close above 1.35579 opens the path higher toward the 1.3600 round number
Loss of 1.35270 breaks the rising intraday structure
UK GDP in ~6.5h (06:00 UTC) is the near-term catalyst and could reshape this read
Consolidating near session highs after impulsive rally.
Cable ran ~175 pips off 1.3380 into 1.3558 through the London-NY window, then rolled into a tight Asian-session drift between 1.3527 and 1.3544 on thin volume. Price is holding just under the 1.3544 minor high with RSI cooling to the mid-50s; no fresh impulse in play.
Support: 1.35274, 1.3509
Resistance: 1.3544, 1.35579
What it said to watch
Break and hold above 1.35579 extends the intraday higher-high sequence
Loss of 1.35274 marks the first lower-low since the rally
UK GDP in ~6.5h is the near-term swing factor for this pair
London-NY hours drove Cable from 1.3380 to a 1.3558 session high on the soft US CPI/PPI theme, then it faded and is now consolidating around 1.3540 in thin Asian trade. Buyers held 1.3527 on the pullback; the 1.3558 high caps for now with RSI(14) cooled to mid-range.
Support: 1.35274, 1.35286
Resistance: 1.35579, 1.35418
What it said to watch
UK GDP in ~6.5h (06:00 UTC) is the near-term swing factor for this read
M15 close above 1.35579 reopens the upside; loss of 1.35274 confirms a lower low
23:31 UTC
Uptrend, stalling at highs · RSI 56 · price 1.35402
Consolidation below session high after NY rally.
NY session drove Cable from ~1.3380 to a session high of 1.3558 after the soft US CPI/PPI prints, then handed off to a tight, low-volume Asian consolidation around 1.3540. RSI(14) has cooled to the mid-50s and ATR has collapsed to ~5 pips as the move digests.
Support: 1.35276, 1.3509, 1.34953
Resistance: 1.35579, 1.35487
What it said to watch
M15 close above 1.3558 extends the uptrend toward the next round figure
Loss of 1.3527 breaks the consolidation floor and marks a lower low
UK GDP at 06:00 UTC (~6.5h) is the near-term swing factor for this read
Consolidating just below session high after strong rally.
Cable ran hard through the London-NY window from 1.3380 to a session high at 1.3558, clearing the 1.3500 handle on soft US CPI/PPI-driven dollar weakness. Asia session is now grinding a tight 1.3527-1.3558 range on thin volume, RSI cooled to mid-50s as the impulse pauses just under the high.
Support: 1.35274, 1.3500
Resistance: 1.35579, 1.3550
What it said to watch
Hold above 1.35274 keeps the intraday higher-low chain intact
M15 close above 1.35579 reopens continuation
UK GDP at 06:00 GMT (~7h out) could break this Asian range
Cable ran from 1.3380 to a session high of 1.3558 through the London-NY window as soft US CPI/PPI kept the dollar heavy, then stalled. Price is now consolidating around 1.3540 in thin Asia-session liquidity, holding above the 1.3527 swing low but capped under 1.3558.
Support: 1.35274, 1.3509
Resistance: 1.35579, 1.3547
What it said to watch
M15 close above 1.35579 extends the intraday high
Loss of 1.35274 confirms a lower-low and stalls the rally
UK GDP at 06:00 GMT and US Retail Sales at 12:30 GMT could materially shift this read
Cable ran hard through the NY session, clearing the 1.3445 range top on soft US CPI/PPI and now trades near 1.3538. Momentum has cooled in thin Asia trade, consolidating between 1.3527 and the 1.3558 session high with RSI(14) back near neutral.
Support: 1.3527, 1.3509, 1.3500
Resistance: 1.3558
What it said to watch
Break above 1.3558 session high extends the rally; loss of 1.3527 opens 1.3509
UK GDP at Thu 06:00 GMT and US Retail Sales Thu 12:30 UTC could reset this read
Consolidating below session high after impulsive rally.
Cable ran hard through the NY session on soft US CPI/PPI, clearing the prior 1.3445 cap to peak at 1.3558. Price is now drifting in a tight Asian-session range around 1.3530-1.3540 on thin volume, RSI(14) cooling from the rally.
Support: 1.35274, 1.3500
Resistance: 1.35579, 1.3600
What it said to watch
M15 close above 1.35579 opens the path toward 1.3600
Cable ran from 1.3380 to a 1.3558 session high through the London-NY window as soft US CPI/PPI kept the USD on the back foot. Price has since gone quiet in thin Asian-hours trade, coiling around 1.3540 below the high with RSI(14) cooling from the highs and ATR compressed near 6 pips.
Support: 1.35274, 1.35109
Resistance: 1.35539, 1.35579
What it said to watch
Break above 1.3558 session high extends the up leg
Loss of 1.3527 swing low breaks the intraday higher-low chain
Cable ran hard through the NY session on the soft US CPI/PPI misses, clearing the 200-day EMA at 1.3400 and topping at 1.35579. Price is now consolidating 1.3527–1.3558 in a thin Asian session, RSI(14) easing back from the rally peak.
Support: 1.35274, 1.35081, 1.34946
Resistance: 1.35579, 1.35539
What it said to watch
M15 close above 1.35579 reopens the uptrend continuation
Failure to hold 1.35274 signals a deeper pullback into 1.3508
Cable ran a strong NY-session leg from 1.3380 to 1.3558, clearing the prior 1.3445 range cap as soft US CPI/PPI kept the dollar heavy. Price now drifts in a thin Asian-session consolidation between 1.3527 and 1.3544, RSI cooling from overbought with volume near zero.
Support: 1.35274, 1.3510
Resistance: 1.35443, 1.35579
What it said to watch
Loss of 1.35274 swing low breaks the higher-low chain
Reclaim of 1.35443 range top reopens the 1.35579 session high
UK GDP at 06:00 GMT could materially shift this read
NY session drove a clean impulsive run from the 1.3380 low to a 1.35579 session high, clearing the prior range top decisively. Price is now drifting sideways between 1.3527 and 1.3544 in thin Asian liquidity, RSI(14) cooled off the highs and ATR compressed to ~7 pips.
Support: 1.35274, 1.3509
Resistance: 1.3545, 1.35579
What it said to watch
Close above 1.35579 opens continuation of the intraday run
Loss of 1.35274 breaks the rising intraday support
UK GDP Thu 06:00 GMT could materially shift this read
Cable ran a clean intraday rally, breaking above the 1.3445 range top and the 200-day EMA cap that had repeatedly rejected recoveries, and printed a session high at 1.35579. Price is now drifting sideways between 1.3527 and 1.3558 on thin late-session volume, with RSI cooling from the highs.
Support: 1.35274, 1.3500, 1.34953
Resistance: 1.3545, 1.35579
What it said to watch
M15 close below 1.35274 breaks the rising-low sequence
Reclaim of 1.35579 reopens the session high
UK GDP at 06:00 GMT could materially shift this read
Consolidating below session high after impulse leg.
Cable ran ~175 pips off the 1.3380 low through the London-NY sessions to a session high at 1.3558, aided by the soft US CPI/PPI misses weighing on USD. Price is now consolidating around 1.3540 in thin late-session trade, RSI(14) cooling from the rally peak with the 1.35274 swing low still holding.
Support: 1.35274, 1.3500
Resistance: 1.35579
What it said to watch
M15 close below 1.35274 breaks the intraday higher-low chain
Break above 1.35579 session high reopens the upside
UK GDP Thu 06:00 GMT could materially shift this read
Higher highs and higher lows, consolidating below session high.
Cable ran hard through NY hours, breaking the 1.3445 range top and the 200-day EMA cap that had repeatedly rejected it, extending to a 1.3558 session high. Price is now consolidating 1.3527-1.3540 in thin Asia trade with RSI(14) easing back off the highs.
Support: 1.35274, 1.35081
Resistance: 1.35579
What it said to watch
Failure to hold 1.3527 swing low opens a pullback toward the 1.3508 breakout retest zone
A close above 1.3558 session high resumes the rally
UK GDP Thu 06:00 GMT could materially shift this read
Consolidating below session high after strong impulse.
Cable ran from 1.3380 to a 1.3558 session high through the London-NY window as soft US PPI kept the dollar heavy, clearing the well-worn 200-day cap near 1.3400. Price is now consolidating around 1.3535 in a thin late session, RSI cooling off the highs; 1.35274 swing low is the immediate pivot.
Support: 1.35274, 1.3500, 1.3450
Resistance: 1.35579, 1.3545
What it said to watch
Failure to hold 1.35274 confirms a lower low and unwinds the impulse
M15 close above 1.35579 resumes the advance toward the 1.3445 range top
UK GDP Thu 06:00 GMT could materially shift this read
21:47 UTC
Uptrend, momentum cooling · RSI 58 · price 1.3534
Consolidation after impulse leg.
NY session drove a clean breakout above the prior range, rallying to a session high at 1.3557 before cooling into Asia. Price now consolidates around 1.3534 with RSI(14) backed off overbought; the swing low at 1.3527 has held on the pullback.
Support: 1.3527, 1.3510, 1.3500
Resistance: 1.3557, 1.3540
What it said to watch
M15 close below 1.3527 swing low opens a pullback toward the 1.3510 round number
Reclaim of 1.3540 prior high puts the 1.3557 session high back in play
UK GDP at 06:00 GMT could materially shift this read
21:46 UTC
Uptrend, momentum slowing · RSI 57 · price 1.3534
HH/HL chain, consolidating below session high.
Cable ran a steep uptrend through the London-NY sessions on soft US CPI/PPI and a stretched-dollar unwind, breaking above the old 1.3445 range top and printing a session high at 1.3557. Price has since eased and is consolidating 1.3527-1.3540 in thin Asian hours, RSI(14) cooling from overbought. Higher-low structure intact above the ascending support line.
Support: 1.3527, 1.3500, 1.3445
Resistance: 1.3557
What it said to watch
Failure to hold 1.3527 breaks the intraday HL chain
Close above 1.3557 reopens the session high — area to watch for break or rejection
UK GDP Thu 06:00 GMT could materially shift this read
NY session drove a clean breakout from 1.3380 up to 1.35579, clearing the multi-week 1.3445 cap as soft US CPI/PPI kept the dollar heavy. Price has since stalled and is consolidating 1.3527–1.3540 in thin late-session/Asia flows, RSI(14) back to mid-range from the earlier push.
Support: 1.35274, 1.3516, 1.3509
Resistance: 1.35579, 1.3544
What it said to watch
Close below 1.35274 opens the path toward the 1.3516 fib and 1.35090 prior break
Reclaim of 1.35579 resumes the intraday uptrend
UK GDP Thu 06:00 GMT could materially shift this read
NY session drove a steep rally off 1.3380 to a 1.3558 session high, GBP lifted as soft US CPI/PPI trimmed the dollar bid. Price is now drifting sideways just below the high into thin Asia-open flow, RSI cooling back near 53 and price slipping under the EMA20.
Support: 1.35274, 1.3500, 1.3440
Resistance: 1.35579, 1.3550
What it said to watch
Close above 1.35579 resumes the uptrend toward the 1.3445 weekly range top rejection zone
Failure to hold 1.35274 marks the first lower-low since the rally began
UK GDP Thu 06:00 GMT could materially shift this read
Impulsive NY rally, now consolidating below session high.
NY session drove a clean breakout above the 1.3400 200-day EMA cap after soft US CPI/PPI, pushing Cable to a 1.35579 session high. Price is now consolidating around 1.3530 into late NY with volume drying up; RSI cooling from the rally, price slipping back under EMA20.
Support: 1.35274, 1.3500
Resistance: 1.35579
What it said to watch
M15 close below 1.35274 breaks the intraday higher-low chain
Reclaim of 1.35579 reopens the session high
UK GDP Thu 06:00 GMT could materially shift this read
NY session drove a clean rally from 1.3380 to a session high at 1.35579 as a softer US inflation run kept the dollar heavy; price has since cooled into 1.353 in thin late-session trade. RSI(14) has unwound from stretched levels back near 55 as the pullback holds above the 1.35274 swing low.
Support: 1.35274, 1.3509, 1.34953
Resistance: 1.35579
What it said to watch
Close back above 1.35579 resumes the intraday uptrend
Loss of 1.35274 confirms a lower-low and stalls the sequence
UK GDP Thu 06:00 GMT could materially shift this read
NY session drove cable sharply higher, clearing the 1.3445 range top and the 1.3500 pivot on soft US PPI, with RSI cooling from overbought after the run. Price is now consolidating between 1.35274 and the 1.35579 session high late in the session.
Support: 1.35274, 1.3509, 1.3500
Resistance: 1.35579, 1.3550
What it said to watch
Close back below 1.35274 opens a deeper pullback toward 1.35090
Break and hold above 1.35579 extends the rally
US Retail Sales (Thu 12:30 UTC) could reset this intraday read
Cable ran from 1.3380 through the 1.3500 psych pivot during NY hours on continued USD softness post-PPI, peaking at 1.3558 before easing. Pullback held 1.3527 and RSI has cooled off its highs; price now consolidating near 1.3540 just under the session high.
Support: 1.35274, 1.3500
Resistance: 1.35579
What it said to watch
M15 close above 1.3558 session high extends the impulse
Failure to hold 1.35274 swing low signals a lower low
US Retail Sales Thu 12:30 UTC could shift the read
NY session drove cable in a clean impulse through 1.3500, tagging a session high at 1.3558 as soft US CPI/PPI unwound Fed hike bets and pressured the dollar. Price has since cooled to consolidate near 1.3535, RSI easing back off the highs with the rally losing thrust.
Support: 1.35274, 1.3500
Resistance: 1.35579
What it said to watch
M15 close above 1.35579 resumes the impulse
Failure to hold 1.35274 confirms a lower low
UK GDP Thu 06:00 GMT could materially shift this read
NY session drove cable off the Asian range near 1.340 to a session high at 1.35579, extending the soft-USD move after this week's CPI/PPI misses. Price is now consolidating around 1.3535 with RSI cooling from the rally; the 1.35274 swing low is the last higher-low holding the structure.
Support: 1.35274, 1.3509
Resistance: 1.35579, 1.35487
What it said to watch
M15 close below 1.35274 breaks the intraday higher-low chain
Reclaim of 1.35579 reopens the path higher
UK GDP Thu 06:00 GMT could materially shift this read
Higher highs into session high, now consolidating.
NY session ran a clean uptrend from 1.3380 to a 1.3557 session high as the dollar stayed soft after the June PPI miss, RSI now cooling from overbought. Price is consolidating around 1.3537 above the ascending support, holding the 1.35274 swing low.
Support: 1.35274, 1.3509, 1.3500
Resistance: 1.35579, 1.3544
What it said to watch
Close below 1.35274 breaks the ascending support and prints a lower low
Close above 1.35579 resumes the uptrend toward the session high extension
Fed's Musalem (~23:30 UTC) could inject USD volatility into this read
Higher highs into consolidation below session high.
NY session drove a clean rally from 1.3380 to a session high at 1.3558, USD broadly soft after the cool CPI/PPI misses. Price is now consolidating around 1.3537 with RSI(14) cooling from the highs; buyers stepped in at 1.3527 to hold the pullback.
Support: 1.35274, 1.3500
Resistance: 1.35579, 1.3600
What it said to watch
Close above 1.3558 resumes the uptrend toward 1.3600
Failure to hold 1.3527 confirms a lower-low and stalls the rally
UK GDP Thu 06:00 GMT could materially shift this read
NY session drove Cable from ~1.343 to a session high of 1.3558 as soft US PPI/CPI kept the dollar under pressure, clearing the prior 1.3445 range top. RSI(14) cooling from stretched levels as price consolidates around 1.3535; the pullback to 1.35274 has held so far.
Support: 1.35274, 1.3509, 1.3500
Resistance: 1.35579, 1.3545
What it said to watch
M15 close below 1.35274 breaks the rising support and points back toward 1.3510
Reclaim of 1.35579 resumes the intraday uptrend
UK GDP (06:00 GMT) and US Retail Sales (12:30 UTC) later today could reset this read
NY session drove a clean rally off 1.3380, breaking the 1.3445 range top and printing a session high at 1.3558 — the disinflationary US CPI/PPI backdrop weighing on the dollar. RSI(14) cooling from the run as price consolidates around 1.3535; buyers stepped in at 1.3527 on the pullback.
Support: 1.35274, 1.3509, 1.3500
Resistance: 1.35579, 1.35445
What it said to watch
Loss of 1.35274 swing low breaks the HL chain and signals a deeper pullback
Close above 1.35579 session high extends the uptrend
US Retail Sales tomorrow could reset this USD-driven move
NY session drove a decisive break above the old 1.3445 range top, cable running from 1.3380 to a session high at 1.3558 on broad USD softness after the soft US CPI/PPI misses. RSI(14) cooling from overbought as price pulls back to 1.3534; the 1.35274 swing low marks the first higher-low to watch.
Support: 1.35274, 1.3500, 1.3445
Resistance: 1.35579
What it said to watch
M15 close below 1.35274 breaks the higher-low chain
1.35579 session high — area to watch for break or rejection
UK GDP Thu 06:00 GMT could materially shift this read
NY session drove a clean ~180-pip rally off 1.3380, cutting through the long-rejected 200-day EMA cap near 1.3400 as soft US CPI/PPI pressured the dollar. Price stalled at the 1.3558 session high and is now easing back toward 1.3534, RSI cooling from overbought; the ascending sequence of higher lows still holds above 1.3527.
Support: 1.35274, 1.35066, 1.3400
Resistance: 1.35579, 1.35445
What it said to watch
M15 close below 1.35274 breaks the higher-low chain and opens the 1.3507 pivot
Reclaim of 1.35579 resumes the intraday uptrend toward the 1.3445 range top area above
UK GDP Thu 06:00 GMT could materially shift this read
NY session ran a strong impulsive leg up through the 1.3500 psych level and the prior 1.3445 range top, driven by broad USD softness after the soft June PPI miss. Rally stalled at the 1.3558 session high with RSI(14) cooling from hot; price is now retracing toward the 1.35274 pullback low.
Support: 1.35274, 1.3500, 1.34946
Resistance: 1.35579, 1.35445
What it said to watch
M15 close below 1.35274 opens a deeper retrace toward the 1.3500 psych level
Close above 1.35579 resumes the uptrend
Fed's Musalem (23:30 UTC) and Thu US Retail Sales / UK GDP could shift this read
Cable ran an impulsive leg through the NY session from 1.3380 to a session high at 1.35579, well above the prior 1.3445 cap, before easing back to 1.35295 as RSI cooled from overbought. Buyers stepped in at 1.35274 into late NY; first pullback off the high in play.
Support: 1.35274, 1.3509, 1.3490
Resistance: 1.35579, 1.35443
What it said to watch
Close back below 1.35090 breaks the rising intraday structure
Reclaim of 1.35579 reopens the extension higher
US Retail Sales tomorrow could reshape this read
19:31 UTC
Uptrend, momentum slowing · RSI 62 · price 1.3536
HH/HL chain, stalling near session high.
Cable ran a clean NY-session uptrend from 1.3380 to a 1.3558 session high, riding the dovish USD repricing after soft US CPI/PPI. Momentum has cooled into the close with a rejection at 1.3558 and a pullback to 1.3536; the swing low at 1.3535 is holding so far.
Support: 1.3535, 1.3500
Resistance: 1.3558
What it said to watch
M15 close below 1.3535 breaks the intraday higher-low chain
Reclaim of 1.3558 reopens the path higher
UK GDP Thu 06:00 GMT could materially shift this read
19:31 UTC
Uptrend, momentum slowing · RSI 66 · price 1.3536
Higher highs/higher lows, pulling back from session high.
NY session ran a steep rally that cleared the 1.3400 cap and printed a session high at 1.35579 before easing back to 1.3536. RSI(14) cooling from overbought as price consolidates just under the high; 1.35356 is the nearest intraday floor.
Support: 1.35356, 1.35066, 1.34448
Resistance: 1.35579
What it said to watch
Loss of 1.35356 marks first lower-low and stalls the uptrend read
Reclaim of 1.35579 reopens the session high
UK GDP (Thu 06:00 GMT) and US Retail Sales (Thu 12:30 UTC) could reset this read
Chain of higher highs and higher lows, impulsive NY leg.
Cable ran a sustained NY-session rally from 1.3380 to 1.3558 as the softer US CPI/PPI prints sank the dollar, clearing the 1.3400 barrier that capped it for two weeks. Price is now consolidating just below the 1.35579 session high with RSI(14) cooling from stretched levels; last few bars stalled around 1.3540.
Support: 1.35356, 1.3509, 1.3500
Resistance: 1.35579, 1.3560
What it said to watch
Hold above 1.35356 keeps the higher-low chain intact; loss of it signals momentum fade
A push above 1.35579 extends the NY leg toward 1.3560
UK GDP Thu 06:00 UTC could materially shift this read
NY session drove cable clean through the 1.3400 200-day EMA after soft US CPI/PPI sank the dollar, extending to a 1.35579 session high before easing to 1.35417. RSI(14) cooling off the highs as price consolidates just under the session top; higher-low structure intact.
Support: 1.35356, 1.3500, 1.34448
Resistance: 1.35579
What it said to watch
Failure to hold 1.35356 confirms a lower-low and stalls the leg
M15 close above 1.35579 reopens the extension higher
UK GDP Thu 06:00 UTC could materially shift this read
Chain of higher highs, minor pullback off session high.
NY session drove cable ~130 pips off 1.3440 to a session high at 1.35579, extending the move above the 1.3400 cap as soft US PPI reinforced dollar weakness. RSI cooling from overbought as price pulls back into the 1.3535 area; the 1.35090 breakout shelf and 1.3500 psych sit below.
Support: 1.3529, 1.3509, 1.3500
Resistance: 1.35579
What it said to watch
Loss of the 1.35290 swing low opens a deeper fade toward the 1.35090 breakout level
Close above 1.35579 session high resumes the impulse
UK GDP at 06:00 UTC tomorrow could reshape this read
Cable ran an impulsive NY leg from 1.3380 to a session high 1.35579, clearing the 200-day cluster at 1.3400 as USD stayed offered on the soft CPI/PPI prints. Last two bars faded to 1.35377 with RSI cooling from the mid-70s; the 1.35356 session low is the first pivot on watch.
Support: 1.35356, 1.3509, 1.3500
Resistance: 1.35579
What it said to watch
Loss of 1.35356 opens the 1.35090 pullback low
M15 close back above 1.35579 resumes the impulse
UK GDP at 06:00 UTC tomorrow could reset this read
NY session drove a clean breakout, cable running from 1.3400 to a session high 1.35579 as soft US PPI extended the dollar's slide. RSI(14) hot near 73 and the last bar stalled just under the high with a shallow pullback to 1.35446 — momentum intact, no reversal signal on this TF.
Support: 1.35442, 1.35066, 1.3500
Resistance: 1.35579
What it said to watch
Loss of 1.35066 swing low would break the higher-low chain and stall the breakout
M15 close above 1.35579 session high extends the leg
US Retail Sales Thu 12:30 UTC could materially shift this read
GBPUSD ripped higher through the NY session on the soft US CPI/PPI dollar-selling, printing a session high at 1.3558 with RSI(14) running hot near 74. Buyers stepped in on every dip and price is holding just under the high; the last bar stalled after a shallow pullback from 1.3558.
Support: 1.35323, 1.3500, 1.34662
Resistance: 1.35579
What it said to watch
M15 close back below 1.3532 would break the higher-low chain
UK GDP at 06:00 UTC tomorrow could reset this intraday read
GBPUSD ran hard through the NY session, breaking above the 200-day EMA cap at 1.3400 as soft US CPI and today's PPI miss sank the dollar. RSI(14) is stretched near 81 and price sits at the session high 1.35579; the advance is one-directional with no pullback yet formed.
Support: 1.3509, 1.3500, 1.3440
Resistance: 1.35579
What it said to watch
Loss of 1.3500 psych would mark the first lower-low and cool the impulse
UK GDP at 06:00 UTC tomorrow could materially shift this read
18:31 UTC
Strong uptrend, extended · RSI 79 · price 1.35547
Clean HH/HL chain, at session high.
NY session drove a persistent breakout, clearing the 1.3445 range top and the 1.3400 200-day EMA cluster after soft US PPI reinforced the disinflation read. Price now at the session high 1.35579 with RSI(14) near 79, short-term hot, no pullback yet on this leg.
Support: 1.3500, 1.3445, 1.3400
Resistance: 1.35579, 1.3600
What it said to watch
Loss of 1.3500 psych would break the intraday HH/HL chain
UK GDP Thu 06:00 UTC could materially shift this read
Sustained rejection at 1.35579 session high vs a push toward 1.3600 psych defines next leg
Cable ran vertically through the NY session, clearing the 1.3445 range top and the 200-day EMA at 1.3400 as the dollar softened on the June PPI miss. RSI(14) near 79 flags an overbought stretch into the 1.3554 session high, with no rejection printed yet.
Support: 1.3509, 1.3445, 1.3400
Resistance: 1.35539, 1.3600
What it said to watch
Loss of 1.3509 would mark the first lower low and cool the intraday run
UK GDP Thu 06:00 UTC could materially shift this read
Break of 1.3554 opens the path toward the 1.3600 psych level
NY session ripped higher, GBPUSD breaking the 1.3450 range top and clearing the 1.3500 psych level as soft US PPI extended the dollar's post-CPI slide. RSI(14) near 78 shows momentum hot but not yet blown out; price is holding right below the 1.35539 session high.
Support: 1.3509, 1.34878, 1.34448
Resistance: 1.35539
What it said to watch
Loss of 1.35090 pullback low would break the intraday HL chain
Stall at 1.35539 session high — area to watch for rejection or continuation
UK GDP Thu 06:00 UTC could materially shift this read
Cable ripped through the 200-day EMA cluster at 1.3400 during NY hours as soft US PPI extended dollar losses, printing a fresh session high at 1.35494. RSI(14) near 79 is hot but consistent with a trending push; no pullback yet.
Support: 1.3509, 1.3500, 1.3473
Resistance: 1.35494
What it said to watch
UK GDP Thu 06:00 UTC could reset the intraday read
Loss of 1.35090 breaks the rising HL chain
RSI cooling below 70 while price stalls flags momentum fade
NY session ripped cable higher through the 1.3400 200-day cluster that capped for two weeks, extending to a 1.3549 session high after soft US CPI/PPI sank the dollar. RSI(14) is hot near 81 and price is pressing the 1.3550 round number, the first overhead friction.
Support: 1.3509, 1.3466, 1.3400
Resistance: 1.3550
What it said to watch
Rejection or clean break at 1.3550 round number defines next leg
Loss of 1.3510 swing low breaks the intraday HH/HL chain
UK GDP Thu 06:00 UTC could materially shift this read
17:46 UTC
Strong uptrend, extended · RSI 79 · price 1.35399
Chain of higher highs, breakout underway.
Cable broke cleanly through the 1.3400 cap during NY hours and ran to a session high at 1.35445 as soft US CPI/PPI kept the USD offered. RSI(14) near 79 is stretched but that is typical inside a vertical breakout leg; the 1.35066 swing low marks the first higher-low reference.
Support: 1.35066, 1.3440, 1.3400
Resistance: 1.35445, 1.3550
What it said to watch
M15 close back below 1.3440 would negate the breakout leg
UK GDP at 06:00 UTC tomorrow could shift this read
Fed Beige Book at 18:00 UTC may add USD volatility
NY session drove a clean break through the 1.3400 200-day cluster and ran cable to 1.35445, extending the soft US CPI/PPI dollar slide. RSI(14) is stretched above 80 with price riding the extension; the 1.3509 breakout shelf is the first structural marker on any pullback.
Support: 1.3509, 1.3500, 1.3444
Resistance: 1.35445, 1.3550
What it said to watch
M15 close back below 1.35090 breaks the breakout shelf and signals momentum cooling
RSI above 80 flags exhaustion risk into 1.35445 session high — area to watch for rejection
UK GDP Thu 06:00 UTC could materially shift this read
17:31 UTC
Strong uptrend, extended · RSI 79 · price 1.35376
Impulsive HH/HL chain into session high.
NY session ran a strong USD-negative leg after the soft June PPI print, taking cable clean through the 1.3400 200-day EMA that had capped it for weeks up to a session high of 1.35416. RSI(14) near 79 shows the move is hot but that is normal in an impulse; last bar is closing right under the session high.
Support: 1.35066, 1.3445, 1.3400
Resistance: 1.35416, 1.3550
What it said to watch
Failure to hold 1.35066 breaks the intraday HL chain
Sustained trade above 1.35416 opens 1.3550
UK GDP Thu 06:00 UTC could materially shift this read
17:31 UTC
Strong uptrend, momentum hot · RSI 79 · price 1.35376
Impulsive HH/HL breakout on NY session.
NY session ripped cable from 1.3380 through the 1.3445 range top and the 200-day EMA cluster at 1.3400 as the USD sold off on soft US PPI following yesterday's CPI miss. RSI(14) near 79 flags the move as stretched into the 1.35416 session high, with no pullback yet.
Support: 1.3509, 1.3445, 1.3400
Resistance: 1.35416, 1.3550
What it said to watch
A close back below 1.3445 would mark a failed breakout and a return into the prior range
1.35416 session high — area to watch for rejection or extension
UK GDP Thu 06:00 UTC could materially shift this read
Cable ripped through the 200-day EMA cap at 1.3400 during NY hours and accelerated to 1.35416 as the USD stayed offered on soft June CPI/PPI. Move is a clean impulsive leg but RSI(14) is stretched near 82; price is pausing just under the session high.
Support: 1.3500, 1.3488, 1.3440
Resistance: 1.35416, 1.3550
What it said to watch
Loss of 1.35000 psych would signal the impulse is cooling
M15 close above 1.35416 session high extends the leg toward 1.3550
UK GDP Thu 06:00 UTC could materially shift this read
17:16 UTC
Strong uptrend, extended · RSI 84 · price 1.35336
Impulsive HH/HL breakout above 1.3400.
NY session broke cable decisively above the 1.3400 200-day cap after soft US PPI extended the dollar sell-off, rallying almost 170 pips to 1.35416. RSI(14) is stretched above 80 and the final bar is a tiny doji at the highs — momentum hot but stalling into the session high.
Support: 1.3509, 1.3500, 1.34662
Resistance: 1.35416, 1.3550
What it said to watch
M15 close back below 1.35090 would mark the first lower-low and cool the impulse
UK GDP Thu 06:00 UTC and US Retail Sales Thu 12:30 UTC could reset this read
17:01 UTC
Strong uptrend, extended · RSI 83 · price 1.35331
Impulsive HH/HL breakout leg.
Cable ripped through the 200-day EMA cap near 1.3400 and cleared the 1.3500 psych level during NY hours as the USD stayed offered on soft US PPI. RSI(14) is stretched around 83, and price is printing session highs with no pullback yet.
Support: 1.3500, 1.3445, 1.3400
Resistance: 1.3550
What it said to watch
RSI above 80 flags an overextended leg; a stall and close back under 1.3500 signals momentum cooling
Sustained hold above 1.3500 keeps the breakout structure intact toward 1.3550
US Retail Sales Thu 12:30 UTC could reprice the USD leg driving this move
17:01 UTC
Strong uptrend, extended · RSI 84 · price 1.35331
Impulsive breakout, HH/HL chain intact.
NY session drove a decisive breakout above the 200-day EMA/1.3400 cap and the 1.3445 range top after soft US CPI and PPI pressured the dollar, with cable printing a fresh session high at 1.3533. RSI(14) is stretched near 84 as the move runs vertical; the 1.3500 psych level is the first area to watch on any pullback.
Support: 1.3507, 1.3500, 1.3445
Resistance: 1.3533
What it said to watch
Loss of 1.3500 would signal the breakout leg is stalling
A hold above 1.3507 keeps the HH/HL chain intact
UK GDP Thu 06:00 GMT could reset this intraday read
16:46 UTC
Strong uptrend, extended · RSI 78 · price 1.35098
Chain of higher highs/lows, breakout above range top.
NY session drove cable in a near-vertical run from 1.3380 through the 1.3445 range top and the 1.3400 200-day EMA cap, printing a session high at 1.3514 on the softer US CPI/PPI USD unwind. RSI(14) is hot near 78 and price is stretched above EMA20/50; the 1.3500 psych level now sits just under price as the first reference on any pullback.
Support: 1.3500, 1.34937, 1.3445
Resistance: 1.35137
What it said to watch
Loss of 1.3500 psych level would be the first sign momentum is cooling
Failure to reclaim 1.3514 session high stalls the breakout leg
US Retail Sales (Thu 12:30 UTC) could materially shift this read
Cable ripped through the 1.3400 200-day EMA that capped it for two weeks, running to a session high 1.35137 on the soft US CPI/PPI USD unwind during NY hours. RSI(14) is stretched near 81 into the highs, with the 1.3500 psych level now flipping to support.
Support: 1.3500, 1.3445, 1.3400
Resistance: 1.35137
What it said to watch
Failure to hold 1.3500 would mark the first lower-low after the breakout
RSI near 81 signals an extended move — a stall at session high 1.35137 keeps a pullback in play
US Retail Sales Thu 12:30 UTC could materially shift this read
NY session drove a clean breakout, clearing the 1.3445 range top and the 1.3500 psych level in one impulsive leg to a session high of 1.35118. RSI(14) is stretched above 80, so momentum is hot but the earlier 1.3320-1.3445 range cap has been decisively broken.
Support: 1.3500, 1.3445, 1.3400
Resistance: 1.35118
What it said to watch
Pullback into 1.3500 then 1.3445 would retest the broken range top
US Retail Sales Thu 12:30 UTC could reprice the USD-driven leg
Failure to hold 1.3500 on a close reopens the 1.3445 zone
NY session tore cable through the 1.3400 200-day cap and the 1.3445 range top after the soft US PPI print, extending to fresh session highs at 1.35118. RSI(14) is hot above 80 and price is printing into new territory with no overhead structure until the 1.3550 round number.
Support: 1.3500, 1.34662, 1.3445
Resistance: 1.35118, 1.3550
What it said to watch
RSI above 80 signals a stretched move; a stall and close back below 1.3500 psych would flag exhaustion
Loss of 1.34662 breakout level negates the leg-higher structure
US Retail Sales (Thu 12:30 UTC) could materially shift this read
NY session drove a clean break above the 1.3445 range top and the 200-day EMA at 1.3400, extending from the 1.3380 London-NY low on soft US PPI/CPI USD weakness. RSI(14) running hot near 79 as price presses the 1.3500 psych level.
Support: 1.3445, 1.3400, 1.34217
Resistance: 1.3500
What it said to watch
Failure to hold 1.3445 on a pullback would put the breakout back inside range
1.3500 psych — area to watch for rejection or break
UK GDP Thu 06:00 GMT is the next catalyst that could shift this read
Clean HH/HL impulse off 1.3380, breakout above 1.3400.
NY session ran a sharp rally, clearing the 1.3400 200-day EMA that capped Cable for two weeks after soft US CPI/PPI knocked the USD. Price now presses the 1.3500 psych handle with RSI(14) hot near 78; the prior 1.3445 major cap flipped to intraday support.
Support: 1.3445, 1.3421, 1.3400
Resistance: 1.3500
What it said to watch
M15 close above 1.3500 psych extends the impulse
Loss of 1.3445 prior high reopens 1.3400 200-ema
US Retail Sales Thu 12:30 UTC could reset this leg
NY session drove a clean breakout above the 200-day EMA at 1.3400 and the 1.3445 resistance after soft US PPI extended the USD sell-off, Cable running to 1.3496 just under the 1.3500 round number. RSI(14) near 80 flags the run as stretched, but every dip has been bought and the higher-high chain is intact.
Support: 1.3445, 1.3400
Resistance: 1.3500, 1.34977
What it said to watch
Loss of 1.3445 breakout level would signal the leg failing and a retest lower
1.3500 round number — area to watch for rejection or acceptance
US Retail Sales tomorrow 12:30 UTC could materially shift this read
NY session ripped through the 200-day EMA at 1.3400 and the 1.3445 major resistance after soft US PPI extended the post-CPI USD selling; Cable now at 1.3496 pressing the 1.3500 psych level. RSI(14) is hot near 84 — extended but normal in an impulse leg, with no distribution yet visible.
Support: 1.3445, 1.3400, 1.3380
Resistance: 1.3500
What it said to watch
Break above 1.3500 psych opens fresh range extension
Loss of 1.3445 prior high would flag a failed breakout / retest
US Retail Sales Thu 12:30 UTC could materially shift this read
15:47 UTC
Uptrend, strong momentum · RSI 79 · price 1.3492
Impulsive breakout, new session highs.
NY session ripped higher, clearing the 1.3445 prior cap and the 200-day EMA near 1.3400 as USD stayed soft after the CPI/PPI misses. Price prints session high 1.3492 with RSI(14) stretched near 79 — extended but the impulse is intact.
Support: 1.3445, 1.3407, 1.3380
What it said to watch
A close back below 1.3445 would negate the breakout and put price back inside the prior range
RSI near 79 is overbought — stalling here risks a pullback toward the broken 1.3445 level
US Retail Sales Thu 12:30 UTC could materially shift this read
15:46 UTC
Strong uptrend, extended · RSI 84 · price 1.3492
Breakout above 1.3400, series of higher highs into NY.
NY session forced a decisive break of the 200-day EMA at 1.3400 that had capped for weeks, accelerating to 1.3492 as soft US CPI/PPI kept the USD offered. RSI(14) is stretched into the low 80s and price is pressing the 1.3500 round number just above the 1.3493 session high.
Support: 1.3445, 1.3420, 1.3400
Resistance: 1.3493, 1.3500
What it said to watch
Move sustained above 1.3500 opens continuation; rejection there caps the run
Failure to hold 1.3445 would flag a pullback from the extended move
UK GDP tomorrow 06:00 GMT could materially shift this read
15:31 UTC
Strong uptrend, momentum hot · RSI 79 · price 1.34868
Breakout above 1.3445, chain of higher highs.
Cable ripped through the 1.3400 200-day cap and the 1.3445 major resistance during the NY session as soft US CPI and PPI keep the dollar offered, printing a session high at 1.34887. RSI(14) near 79 shows the leg is stretched short-term but the higher-high sequence remains intact.
Support: 1.3445, 1.3428
Resistance: 1.34887
What it said to watch
Loss of the 1.3445 breakout level would signal a failed break
Rejection at the 1.34887 session high with RSI cooling flags near-term exhaustion
US Retail Sales and UK GDP tomorrow could materially shift this read
NY session drove a sharp break above the 200-day EMA at ~1.3400 that had capped Cable for two weeks, extending the soft US CPI/PPI dollar sell-off to a run at 1.3489. RSI(14) is hot near 78 after the near-70-pip impulse, with price pinned at the session high.
Support: 1.34448, 1.3400, 1.34217
Resistance: 1.34887
What it said to watch
Failure to hold 1.34448 would signal the breakout is fading back into the prior range
UK GDP Thu 06:00 GMT is the next catalyst that could shift this read
RSI above 78 leaves the move stretched into the session high
Cable ripped higher through the NY afternoon after soft US PPI reinforced the CPI miss, running from 1.3440 to a session high at 1.34822 with RSI(14) around 71. Last bar stalled at 1.34715 on a shallow pullback; the 1.34450 breakout shelf is the first structural test below.
Support: 1.3445, 1.34215, 1.33804
Resistance: 1.34822
What it said to watch
Failure to hold 1.34450 would break the rising HL chain
M15 close back above 1.34822 extends the run
UK GDP Thu 06:00 GMT could reset this intraday read
15:16 UTC
Uptrend, extended after breakout · RSI 75 · price 1.34715
Chain of higher highs, above prior range.
Cable surged through the 200-day EMA at ~1.3400 and cleared the 1.3445 major resistance during NY hours after the soft US PPI print pressured the dollar, tagging a session high of 1.3482. RSI(14) near 74 is hot but normal in this leg; last bar eased back to 1.34715 as the advance paused just under the high.
Support: 1.3445, 1.3427, 1.3400
Resistance: 1.3482, 1.3500
What it said to watch
Loss of 1.3445 back below would signal a failed breakout of the 200d ema
A close above 1.3482 extends the session high toward 1.3500
US Retail Sales Thu 12:30 UTC could materially shift this read
15:01 UTC
Uptrend, momentum strong · RSI 82 · price 1.34778
Impulsive breakout, higher highs.
NY session ripped through the 200-day EMA at 1.3400 and the 1.3445 major resistance after soft US PPI extended the dollar's post-CPI slide, tagging 1.34822. RSI(14) is stretched above 80 on a near-vertical leg, so the move is short-term hot even as the breakout structure holds.
Support: 1.3445, 1.3428, 1.3400
Resistance: 1.34822, 1.3500
What it said to watch
Failure to hold 1.3445 on a pullback would signal the breakout is losing steam
A close above 1.34822 extends the leg toward 1.3500
UK GDP Thu 06:00 GMT and US Retail Sales Thu 12:30 UTC could reshape this read
15:01 UTC
Uptrend, accelerating · RSI 84 · price 1.34778
Breakout to fresh session highs, HH-HL chain.
NY session ripped through the 200-day ema at 1.3400 and the 1.3445 prior resistance into fresh highs at 1.3482, driven by the soft US CPI/PPI misses. RSI(14) is stretched above 84 — short-term hot after a near vertical 70-pip leg.
Support: 1.3445, 1.3428, 1.3400
Resistance: 1.3482
What it said to watch
Pullback into 1.3445 prior res would test the breakout as retest support
Loss of 1.3400 200-day ema would negate the breakout read
UK GDP Thu 06:00 GMT could materially shift this read
14:46 UTC
Uptrend, strong momentum · RSI 78 · price 1.34674
Breakout above 1.3400, chain of higher highs.
NY session drove a decisive breakout through the 200-day EMA at 1.3400 that had capped for weeks, extending to 1.34674 through the 1.3445 prior high. RSI(14) near 78 is hot but consistent with the impulsive leg; no signs of exhaustion yet on the close.
Support: 1.3445, 1.3421, 1.3400
Resistance: 1.34674, 1.3500
What it said to watch
Loss of 1.3445 back below the prior high would signal a failed breakout retest
A hold above 1.3445 keeps the path toward 1.3500 open
UK GDP Thu 06:00 GMT could materially shift this read
NY session drove a clean break above the 200-day EMA at 1.3400 and through the 1.3445 major resistance, extending to a session high at 1.3467 on the soft US CPI/PPI USD unwind. RSI(14) above 80 flags a short-term hot move; 1.3445 is now the immediate retest reference.
Support: 1.3445, 1.3400, 1.3428
Resistance: 1.3500, 1.3467
What it said to watch
Loss of 1.3445 on a close puts the 200-day at 1.3400 back in focus
UK GDP Thu 06:00 GMT could materially shift this read
Sustained hold above 1.3467 opens the path to the 1.3500 psych level
NY session pushed GBPUSD clean through the 200-day EMA/1.3400 cap and the 1.3445 UOB range top after soft US PPI kept the dollar offered, running from the 1.3380 swing low to a 1.3449 session high. RSI(14) near 74 is hot but consistent with the impulse; price is holding just under the session high into the close.
Support: 1.3400, 1.33804, 1.3336
Resistance: 1.34493, 1.3445
What it said to watch
Loss of 1.3400 would put price back inside the prior 1.3320-1.3445 range
Sustained trade above 1.34493 extends the breakout
UK GDP Thu 06:00 GMT could materially shift this read
NY session drove Cable through the 200-day EMA cap near 1.3400 and the 1.3445 range top, printing a session high of 1.3449 as the dollar stayed offered after soft US CPI/PPI. RSI(14) near 74 flags a short-term hot reading, but the HH-HL sequence off the 1.3380 session low remains intact.
Support: 1.3400, 1.34205, 1.33804
Resistance: 1.3445, 1.34493
What it said to watch
A hold back below 1.3445 puts price back inside the prior range and stalls the breakout
Loss of 1.3400 (200-day EMA) reopens the 1.3380 session low
UK GDP Thu 06:00 GMT could materially shift this read
14:16 UTC
Uptrend, NY momentum strong · RSI 73 · price 1.34429
Higher highs, breakout above 1.3400 cap.
NY session drove a clean breakout above the 200-day EMA/1.3400 cap after soft US PPI kept the dollar offered, pushing Cable to a session high of 1.34493 and up against the 1.3445 range top. RSI(14) near 73 is hot but consistent with the trend; price holding gains just below the session high.
Support: 1.3400, 1.34304, 1.33804
Resistance: 1.34493, 1.3445
What it said to watch
Rejection at 1.3445-1.34493 range top would cap the breakout
M15 close back below 1.3400 negates the breakout read
UK GDP Thu 06:00 GMT could materially shift this read
NY session drove GBPUSD through the 200-day EMA/1.3400 cap after soft US PPI kept the dollar offered, printing a session high at 1.34493. RSI(14) near 74 shows momentum hot but not extreme; the well-flagged 1.3445 range top is the next area to watch for rejection or acceptance.
Support: 1.3400, 1.3428, 1.33804
Resistance: 1.34493, 1.3445
What it said to watch
Sustained M15 holds above 1.3400 confirm the breakout; a close back below reverts to range
1.3445 range top — area to watch for rejection or break toward 1.3450+
UK GDP Thu 06:00 GMT could materially shift this read
14:01 UTC
Uptrend, momentum strong · RSI 75 · price 1.34406
Breakout above the 1.3400 cap, chain of higher highs.
NY session drove a clean break of the 1.3400 200-day EMA cap as the dollar stayed offered after the soft US CPI/PPI prints, price accelerating to a session high at 1.3449 before closing 1.3440. RSI(14) is hot near 75 as Cable presses the 1.3445 range top.
Support: 1.34217, 1.3400
Resistance: 1.34493, 1.3445
What it said to watch
M15 close above 1.3445 opens the path toward the range extreme
Failure to hold 1.3400 puts the breakout back inside the prior range
Warsh testimony (14:00 UTC) could sharply shift USD tone
NY session drove a clean break above the 1.3400 200-day EMA cap that had held for two weeks, price accelerating to a 1.34493 session high after soft US CPI/PPI kept the dollar offered. RSI(14) near 74 is hot but consistent with the impulsive leg; the 1.3445 range top has been cleared.
Support: 1.3400, 1.34214, 1.33804
Resistance: 1.34493, 1.3445
What it said to watch
Pullback into 1.3400 that holds would confirm the breakout retest
M15 close back below 1.3400 negates the break and returns price into the 1.3320-1.3445 range
UK GDP Thu 06:00 GMT is the next scheduled catalyst
NY session drove a clean break above the 200-day EMA cap near 1.3400 after soft US PPI, session high printing 1.3436 with RSI(14) hot around 71. Price holds just under the session high with the prior 1.3400 ceiling now flipped to support.
Support: 1.3400, 1.33804, 1.33679
Resistance: 1.3436, 1.3445
What it said to watch
M15 close above 1.3445 range top opens topside continuation
Failure to hold 1.3400 reverts price back into the prior range
UK GDP Thu 06:00 UTC could reset this intraday read
13:46 UTC
Uptrend, momentum strong · RSI 71 · price 1.3431
HH/HL chain, broke above 1.3400.
NY session drove cable through the 200-day EMA cluster near 1.3400 after soft US PPI, printing a clean HH/HL chain to a session high at 1.3436. RSI(14) around 71 — hot but consistent with the trend; 1.3400 flipped from cap to support.
Support: 1.3400, 1.3382, 1.3376
Resistance: 1.3436, 1.3445
What it said to watch
Warsh testimony 14:00 UTC could sharply shift this read
Loss of 1.3400 negates the breakout and reopens 1.3382
NY session broke above the 200-day EMA cluster near 1.3400 after the soft US PPI print, tagging a session high at 1.3436 before easing to 1.3425. RSI(14) around 64 and cooling off the highs; breakout holding above prior resistance for now.
Support: 1.3400, 1.3380
Resistance: 1.3436, 1.3445
What it said to watch
M15 close back below 1.3400 negates the breakout and puts 1.3380 swing low in play
Clean break of 1.3445 range top opens further topside
Fed's Warsh testimony / US session flow could shift USD tone into the next bars
NY session drove a clean break above the 1.3400 200-day EMA cluster after soft US PPI, tagging 1.3436 before easing to 1.34253. RSI(14) near 69 and running hot; 1.3400 flipped to support on the retest lower.
Support: 1.3420, 1.3400, 1.33804
Resistance: 1.3436, 1.3445
What it said to watch
Reclaim of 1.34450 range top would extend the breakout
Loss of 1.3400 back into the range invalidates the break read
UK GDP Thu 06:00 UTC could reshape the near-term structure
NY session drove a clean break of the 1.3400 200-day EMA cluster, cable rallying to a session high at 1.3436 as soft US PPI extended dollar weakness. RSI(14) near 71 — hot but consistent with the impulse; price closed 1.34294 holding above the breakout.
Support: 1.3400, 1.3380, 1.3367
Resistance: 1.3436, 1.3445
What it said to watch
Warsh testimony at 14:00 UTC could sharply shift this read
Loss of 1.3400 puts the breakout back inside the prior range
Close above 1.3445 opens the path higher
13:16 UTC
Uptrend, NY momentum strong · RSI 71 · price 1.34294
Higher highs, breakout above 1.3400.
NY session drove a clean breakout, cable climbing from 1.3380 to a session high 1.3436 and reclaiming the 200-day EMA/1.3400 area on the back of soft US PPI weakening the dollar. RSI(14) around 70 shows the move is hot but still trending; price now consolidating just under the session high.
Support: 1.3400, 1.3380, 1.3357
Resistance: 1.3436, 1.3445
What it said to watch
M15 close above 1.3445 opens the range top; failure caps the breakout
Loss of 1.3400 back below the 200-ema reverses the breakout read
UK GDP Thu 06:00 UTC could reset this intraday structure
NY session drove a clean breakout above the 1.3400 200-day EMA cap that had rejected every prior recovery, cable printing a session high near 1.3430 as soft US CPI/PPI weighed on the dollar. RSI(14) around 71 shows the move is hot but not yet extreme; 1.3445 range top is the next area to watch.
Support: 1.3420, 1.3400, 1.3375
Resistance: 1.3430, 1.3445
What it said to watch
Warsh testimony 14:00 UTC (~1h) could jolt USD and this read
Loss of 1.3400 back below the 200-ema cap negates the breakout
Acceptance above 1.3445 range top opens fresh one-month highs
Cable broke the 1.3400 200-ema cap during the London-NY session, extending to 1.3430 as soft US PPI kept the dollar heavy. RSI(14) near 71 is hot but consistent with the impulsive leg off the 1.3382 swing low.
Support: 1.3400, 1.3382, 1.3367
Resistance: 1.3430, 1.3445
What it said to watch
M15 close back below 1.3400 negates the breakout and puts the 1.3382 swing low back in play
1.3445 range top — area to watch for rejection or continuation
UK GDP Thu 06:00 GMT could reset this read
12:46 UTC
Recovery, pushing higher into NY · RSI 71 · price 1.34215
Higher lows, breaking 1.3400 cap.
Cable pushed through the 1.3400 psych cap into the NY session, printing a session high at 1.34221 with RSI(14) running hot near 71 on the back of yesterday's soft US CPI dragging the dollar. The last few bars extended a chain of higher lows off the 1.33804 swing low.
Support: 1.3400, 1.33804, 1.33679
Resistance: 1.34221, 1.3445
What it said to watch
A hold above 1.3400 on retest confirms the break; a close back below reasserts the 1.3380–1.3422 range
US PPI/Warsh testimony (~14:00 UTC) could materially shift this read within the next hour
12:46 UTC
Uptrend, momentum firm into session high · RSI 71 · price 1.34215
Higher highs, breakout above 1.3400 holding.
NY session pushed cable above the 1.3400 daily cap to a session high at 1.3422, extending the rally after soft US June CPI knocked the dollar. RSI(14) is hot near 70 but not extreme; the last leg from the 1.3380 swing low is intact with buyers stepping in on the 1.3403 higher low.
Support: 1.3403, 1.33804, 1.33679
Resistance: 1.3422, 1.3445
What it said to watch
M15 close back below 1.3400 negates the breakout and returns price into range
Warsh testimony (14:00 UTC) and PPI batch could shift the USD read this session
UK GDP Thu 06:00 GMT is the next data test for sterling
12:32 UTC
Recovering within range · RSI 63 · price 1.3413
Range, price reclaiming 1.3400 cap.
Cable dipped to the 1.3380 session low during the London-NY transition, then rallied back above the 1.3400 200-day cap into NY hours, printing 1.3413 with RSI(14) mid-60s. The 1.3320-1.3445 range holds; 1.3400 has flipped from resistance to near-term pivot after the soft US CPI kept USD soft.
Support: 1.3400, 1.3380, 1.3368
Resistance: 1.3420, 1.3438
What it said to watch
Loss of 1.3400 reopens the 1.3380 session low
A close above 1.3438 clears the range top
Warsh testimony 14:00 UTC could materially shift this read
12:31 UTC
Recovering off session lows, testing 1.3400 cap from above · RSI 60 · price 1.3413
Range 1.3367–1.3416, higher lows into NY.
Cable reclaimed the 1.3400 psych/200-day cap in the NY session after the soft US CPI print kept the dollar heavy, printing a recent high at 1.3415. The 1.3380 swing low held through the London-NY transition and RSI(14) near 60 shows momentum firming, though 1.3400 has repeatedly capped every attempt on higher TFs.
Support: 1.3400, 1.3380, 1.3367
Resistance: 1.3415, 1.3438
What it said to watch
Sustained M15 closes above 1.3415 open the path to the 1.3438 prior high
Failure to hold 1.3400 puts 1.3380 swing low back in play
UK GDP Thu 06:00 GMT is the next material catalyst for this pair
12:16 UTC
Range, recent recovery leg · RSI 60 · price 1.34107
Coiling around the 1.3400 cap after reclaiming it.
Cable recovered off the 1.3380 session low and pushed to 1.34149, reclaiming the 1.3400 200-day cap that has repeatedly capped rallies; soft US CPI keeps the dollar offered. RSI(14) near 60 as the move stalls, price now consolidating around 1.3410 into the NY open.
Support: 1.3400, 1.3380, 1.3375
Resistance: 1.34197, 1.3445
What it said to watch
Sustained M15 closes above 1.3400 keep the path to 1.34197 then 1.3445 open
Failure to hold 1.3400 puts price back inside the range toward 1.3380
UK GDP Thu 06:00 GMT is the near-term downside risk to this recovery
Cable bounced from the 1.3380 swing low into the London-NY session and reclaimed the 1.3400 200-day cap, printing higher lows with RSI(14) near 61. Soft US CPI keeps USD subdued; price now retesting 1.3400 from above ahead of the US PPI batch.
Support: 1.3400, 1.3380, 1.3368
Resistance: 1.3420, 1.3445
What it said to watch
US PPI at 12:30 UTC (imminent) could break the 1.3400 retest either way
M15 close back below 1.3400 reopens 1.3380 then 1.3368
Clean push through 1.3420 exposes the 1.3445 range top
Cable spiked to 1.34431 early then faded into a 1.3368-1.3443 range, with the 200-day EMA at ~1.3400 capping recovery attempts. Buyers stepped in at 1.33804 during the last few hours and price has reclaimed 1.3400 ahead of the US PPI print, RSI(14) near 61.
Support: 1.3400, 1.33804, 1.33679
Resistance: 1.34191, 1.34431
What it said to watch
US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could shift this read
M15 close above 1.34191 opens the path to window high 1.34431
Failure to hold 1.3400 reopens 1.33804 then 1.33679
Cable recovered off the 1.3380 session low and pushed back above the 1.3400 psych level, retracing roughly 62% of the earlier drop from the 1.3443 session high. USD stayed soft after the soft US CPI print, but 1.3400 remains a well-tested cap; RSI(14) firm near 61, not stretched.
Support: 1.3400, 1.3380, 1.33679
Resistance: 1.3419, 1.34431
What it said to watch
US PPI at 12:30 UTC (~30m) could shift this read sharply
M15 close above 1.34190 opens the path to the 1.3443 session high
Failure to hold 1.34000 puts 1.3380 back in play
11:47 UTC
Range, drifting up into 1.3400 cap · RSI 59 · price 1.34038
Consolidation below 200-day cap, recovering off session low.
Cable is coiling around the 200-day cap near 1.3400 after recovering from the 1.33804 session low during the London-NY transition; RSI(14) mid-range near 59. Price has retested 1.3400 from below and is now poking just above, but the 1.34197 session high still caps.
Support: 1.33804, 1.3375, 1.3400
Resistance: 1.34197, 1.3445
What it said to watch
Sustained M15 close above 1.3400 (200-day cap) opens 1.34197 then range top 1.3445
Failure back below 1.3400 keeps the 1.3375-1.3420 range intact
US PPI at 12:30 UTC (~45m out) could break this read
Cable is grinding back up to the 200-day cap near 1.3400 after basing at the 1.33804 session low, price now 1.34038 with RSI(14) mid-range. Every prior recovery has stalled at 1.3400 this session; still trapped inside the broader 1.3320–1.3445 range.
Support: 1.3400, 1.33804, 1.3368
Resistance: 1.34197, 1.3443
What it said to watch
US PPI at 12:30 UTC could break this range read
Clean M15 close above 1.34197 opens the 1.3443 range top
Cable is chopping just under the 200-day cap at ~1.3400 after the soft US CPI-driven push earlier in the window stalled and faded from 1.34197. Buyers stepped in around 1.33804 on the latest dip and lifted price back to the figure, but every probe of 1.3400 has been rejected.
Support: 1.33804, 1.33679
Resistance: 1.3400, 1.34197
What it said to watch
Clean M15 close above 1.3400 opens the 1.34197 session high then 1.3445
Failure to hold 1.33804 exposes the 1.33679 session low
US Core PPI at 12:30 UTC could break this range in the next hour
11:31 UTC
Range-bound below 200d cap · RSI 51 · price 1.33976
Ranging, capped at 1.3400.
Cable is pinned just under the 1.3400 200-day cap, with soft US June CPI keeping the dollar subdued but every push above 1.3400 fading. Price rebounded off the 1.33804 swing low back toward the cap; no directional break in play.
Support: 1.33804, 1.33679
Resistance: 1.3400, 1.34197, 1.34431
What it said to watch
M15 close above 1.3400 200d cap opens 1.34197 then range top 1.3445
Failure to hold 1.33804 swing low exposes 1.33679 session low
UK GDP Thu 06:00 GMT is the near-term catalyst for this range
11:17 UTC
Range-bound, drifting off highs · RSI 47 · price 1.33968
Trapped below 1.3400 after early spike faded.
Early London spike swept to 1.3443 then reversed hard, and Cable has since been pinned in a 1.3368-1.3420 range with the 1.3400 round number repeatedly capping. Price sits near the 38.2% retrace of that spike at 1.3397, RSI(14) neutral around 47 and ATR compressed to ~7 pips ahead of US PPI.
Support: 1.3380, 1.33679
Resistance: 1.3400, 1.34197
What it said to watch
US Core PPI at 12:30 UTC (~1h out) could break this compression
M15 close above 1.3400 opens the 1.34197 swing high
Loss of 1.3380 swing low confirms a lower low toward 1.3368
11:17 UTC
Range-bound, capped at 1.3400 · RSI 49 · price 1.33968
Consolidation below 200-day EMA.
Cable is pinned below the 200-day EMA at ~1.3400 after the early spike to 1.3443 on soft US CPI faded through the session. Price bounced off 1.3380 back to 1.3397 but the round-number cap remains intact; RSI(14) mid-range near 49.
Support: 1.3380, 1.3368
Resistance: 1.3400, 1.3420, 1.3443
What it said to watch
M15 close above 1.3400 clears the 200-day cap and opens 1.3420 then 1.3443
Failure to hold 1.3380 exposes the 1.3368 session low
US PPI cluster at 12:30 UTC (~1h) could break the range
11:02 UTC
Range-bound below 200-day EMA · RSI 44 · price 1.33974
Consolidation, lower highs into NY.
Cable spiked to 1.3443 on the soft US CPI reaction, then faded and has since consolidated in a 1.3380–1.3420 band with the 200-day EMA at ~1.3400 capping every recovery. Lower highs are stacking into the NY session and price sits back below 1.3400 after a shallow bounce off 1.3380.
Support: 1.3380, 1.3360
Resistance: 1.3400, 1.3420, 1.3443
What it said to watch
M15 close above 1.3400 (200-day EMA) opens 1.3420 then 1.3443
Loss of 1.3380 swing low confirms a lower low toward 1.3360
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could shift this read
11:01 UTC
Range-bound, 200d cap intact · RSI 50 · price 1.33974
Ranging below 1.3400, bounced off 1.3380.
Cable is stuck below the 200-day cap at ~1.3400 after the soft US CPI-driven pop to 1.3443 faded; NY hours saw a slide to 1.3380 before buyers stepped in and lifted price back to 1.33974. Rejection persists into the 1.3400 handle, RSI(14) neutral near 50.
Support: 1.3380, 1.3368
Resistance: 1.3400, 1.3420, 1.3443
What it said to watch
M15 close above 1.3400 opens the path to 1.3420 then range top 1.3443
Failure to hold 1.3380 confirms a lower low, exposing 1.3368
US PPI cluster 12:30 UTC and Warsh testimony 14:00 UTC could shift this read
10:47 UTC
Range-bound, pulling back off session high · RSI 43 · price 1.33888
Range 1.3380–1.3420 under 200-day cap.
Cable rejected the 1.34197 session high and slid to 1.33804 through the London-NY transition, with the 200-day EMA cap just under 1.3400 blocking every recovery attempt after the soft US CPI pop. Price is bouncing modestly off 1.33804 into current bars, RSI(14) mid-range near 43; still trapped inside the 1.3380–1.3420 band.
Support: 1.33804, 1.3375
Resistance: 1.3400, 1.34197
What it said to watch
US PPI at 12:30 UTC could shift this read within the next bars
Reclaim of 1.3400 (200-day cap) opens 1.34197 session high
Failure to hold 1.33804 exposes 1.33750 swing low
10:46 UTC
Intraday downtrend off 1.3420 · RSI 42 · price 1.33888
Lower highs below 1.3400 cap.
Cable drifted lower through the London session after the 1.34197 session high was rejected at the 200-day EMA cap near 1.3400, printing a chain of lower highs. Now 1.33888 with RSI(14) mid-40s; session low 1.33804 is the immediate floor being tested.
Support: 1.33804, 1.3366
Resistance: 1.3400, 1.34197
What it said to watch
M15 close below 1.33804 opens 1.33660
Reclaim of 1.34000 needed to challenge 1.34197 range top
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could shift this read
Cable spiked to 1.34431 on yesterday's soft US CPI then faded, printing lower highs and rejecting the 200-day cap at 1.3400 repeatedly. Last leg lower into the London-NY window has price at 1.33834 pressing the session low near 1.3380, RSI(14) around 35.
Support: 1.3380, 1.33679
Resistance: 1.3400, 1.34197
What it said to watch
Loss of 1.3380 exposes the 1.33679 swing low
Reclaim of 1.3400 200d cap needed to reopen 1.34197 session high
US PPI at 12:30 UTC (~2h out) could shift this read
10:31 UTC
Intraday downtrend, rolling off session high · RSI 40 · price 1.33834
Lower highs since the 1.3420 rejection, testing session low.
Cable stalled at the 1.3420 session high and has bled lower through the NY session, printing lower highs with RSI(14) around 39. The 200-day EMA just below 1.3400 capped every recovery attempt, and price is now pressing the 1.3380 session low.
Support: 1.33804, 1.33679
Resistance: 1.3400, 1.34197
What it said to watch
M15 close below 1.33804 opens 1.33679
reclaim of 1.34000 needed to challenge the 1.34197 session high
UK GDP Thu 06:00 GMT is the near-term downside risk
10:16 UTC
Intraday downtrend, fading from session high · RSI 34 · price 1.33854
Lower highs off 1.3420, pressing session low.
Cable spiked to 1.3443 on the soft US CPI print early in the window, then faded back below the 200-day cap at 1.3400 and has ground out lower highs into the London session. Price now presses the session low at 1.3384 with RSI(14) near 34.
Support: 1.3384, 1.33745, 1.3366
Resistance: 1.3400, 1.34197
What it said to watch
M15 close below 1.3384 confirms a lower-low toward 1.3374
Reclaim of 1.3400 needed to reopen the 1.3420 session high
PPI at 12:30 UTC could materially shift this read
10:16 UTC
Intraday downtrend, rolling over · RSI 38 · price 1.33854
Lower highs off 1.3420, testing session lows.
Cable rolled over through the London session, printing lower highs from 1.3420 and grinding into 1.3385 after repeated rejections at the 1.3400 round-number cap. Earlier spike to 1.3443 was the soft US CPI reaction, since fully retraced; RSI(14) near 38 with price below both EMAs.
Support: 1.3375, 1.3366
Resistance: 1.3400, 1.34197
What it said to watch
US PPI at 12:30 UTC could materially shift this read
Loss of 1.3375 session low confirms the lower-low chain
A 15m close back above 1.3400 negates the rejection read
10:02 UTC
Micro downtrend within range · RSI 39 · price 1.33878
Lower highs off 1.3400 cap, holding above session lows.
Cable rejected the 200-day EMA cap near 1.3400 after the soft US CPI spike faded, rolling from the 1.34197 session high into a chain of lower highs. Price now grinds at the session low around 1.33874 with RSI(14) near 39, ATR compressing to ~8 pips.
Support: 1.33874, 1.3375
Resistance: 1.3400, 1.34197
What it said to watch
M15 close above 1.3400 (200d ema) opens the 1.34197 session high and range top
Loss of 1.3375 confirms a fresh lower low
US PPI 12:30 UTC and BoE Pill 10:30 GMT could shift this read
Lower highs below the 1.3400 cap after London rally stalled.
London session rally to 1.34197 stalled under the 200-day cap at 1.3400 and price has faded to 1.33878 in a chain of lower highs, RSI(14) cooling toward 38. Soft US CPI kept the USD heavy but Cable repeatedly failed to hold above ~1.3400.
Support: 1.33874, 1.3375
Resistance: 1.3400, 1.34197
What it said to watch
Reclaim of 1.3400 reopens a test of the 1.34197 session high
Failure to hold 1.33874 exposes the 1.3375 swing low
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could shift this read
09:47 UTC
Downtrend, pulling off session high · RSI 41 · price 1.33908
Lower highs since 1.34197, capped below 1.3400.
Cable rolled over from the 1.34197 session high and is grinding lower into the London-NY transition, with the 200-day EMA just under 1.3400 rejecting every push. Price now sits at the session low 1.33886, RSI(14) cooling near 40 as lower highs stack up.
A close back above 1.3400 (200-day ema) reopens 1.34197 session high
US PPI 12:30 UTC / Warsh 14:00 UTC could materially shift this read
09:46 UTC
Range, drifting off highs · RSI 42 · price 1.33908
Capped below 1.3400, lower highs into London.
Cable spiked to 1.3443 on yesterday's soft US CPI then faded, and London has stalled again beneath the 200-day cap around 1.3400. Early-London high at 1.3420 was rejected, and price has drifted to 1.3391 with RSI(14) cooling near 42.
Support: 1.33886, 1.3375, 1.3366
Resistance: 1.3400, 1.3420, 1.34431
What it said to watch
M15 close above 1.3400 reopens 1.3420 then 1.3445
Loss of 1.3375 exposes the 1.3366 swing low and 1.3320 range base
BoE Pill 10:30 GMT and US PPI 12:30 UTC could break the range
09:31 UTC
Micro pullback under 1.3400 · RSI 43 · price 1.33935
Faded from session high, lower highs into 1.3390.
Cable stalled at the session high near 1.3420 and has faded back under the 1.3400 psych cap, now testing 1.3390 as London morning develops. Price sits mid-retrace of the 1.3368-1.3420 up leg with RSI(14) around 43; the well-known cap has repeatedly rejected recovery attempts since yesterday's soft US CPI spike.
Support: 1.3390, 1.3375, 1.3350
Resistance: 1.3400, 1.3420, 1.3445
What it said to watch
M15 close above 1.3400 reopens 1.3420 then 1.3445
Break of 1.3390 confirms lower low toward 1.3375
BoE's Pill (10:30 GMT) and US PPI (12:30 UTC) could shift this read
09:31 UTC
Pullback under 1.3400 cap · RSI 41 · price 1.33935
Faded from session high, printing lower highs.
Cable faded from the London session high at 1.3419 back below the well-known 200-day cap near 1.3400, tracing lower highs into 1.3390. RSI(14) sits mid-40s and price is under EMA20/50; the CPI-driven spike to 1.3443 yesterday remains the dominant intraday feature.
Support: 1.3390, 1.3375, 1.3350
Resistance: 1.3400, 1.3419, 1.3445
What it said to watch
M15 close back above 1.3400 reopens the 1.3419 session high
loss of 1.3390 exposes 1.3375 then 1.3350
US PPI at 12:30 UTC could materially shift this read
09:17 UTC
Rolling over from session high, momentum fading · RSI 43 · price 1.33956
Consolidation under 1.3400 cap after London push failed.
Cable faded from the London session high at 1.34197 back under the well-worn 1.3400 psych cap, unwinding half of yesterday's soft-US-CPI spike; RSI(14) has cooled into the low 40s. Price now sits on the 50% retrace of the Asia-to-London rally with the 200-day cap capping recoveries.
Support: 1.33907, 1.3372
Resistance: 1.3400, 1.34197, 1.3445
What it said to watch
BoE's Pill speech 10:30 GMT and US PPI 12:30 UTC could shift this read
M15 close above 1.34197 london high opens the path to 1.3445
Failure to hold 1.33907 swing low exposes the 1.3372 asia low
09:16 UTC
Intraday pullback after rejection · RSI 44 · price 1.33956
Faded off session high, back under 1.3400.
Cable tagged the session high at 1.34197 during the London session, then rolled back under the 1.3400 psych cap that has repeatedly capped this move since the soft US CPI print. Price is now drifting at 1.33956 with RSI(14) cooling to the low 40s; buyers held 1.33907 on the last dip.
Support: 1.33907, 1.3375
Resistance: 1.3400, 1.34197
What it said to watch
M15 close back above 1.34000 reopens 1.34197
Failure to hold 1.33907 confirms a lower low toward 1.3375
US PPI at 12:30 UTC could materially shift this read
09:01 UTC
Pulling back inside range · RSI 43 · price 1.33967
Rangebound below 1.3400 cap, lower high off 1.3420.
Cable spiked to 1.3443 on yesterday's soft US CPI then settled, and has since been capped repeatedly at the 1.3400 200-day EMA cluster. Rejection off the 1.3420 session high has dragged price back to 1.3397, RSI(14) cooling into the low-40s; ranging between 1.3391 and 1.3420 with no clean break in play.
Support: 1.33907, 1.3375, 1.3366
Resistance: 1.3400, 1.34197, 1.34431
What it said to watch
M15 close above 1.3400 clears the 200ema cap toward the 1.3420 session high
Loss of 1.3391 opens the 1.3375 swing low
BoE Pill speech ~10:30 GMT and US PPI 12:30 UTC could break the range
09:01 UTC
Range, pulling back from session high · RSI 43 · price 1.33967
Capped at 1.3420, rotating back under 1.3400.
London push to 1.34197 was rejected and cable has rotated back under the 1.3400 round/cap, now at 1.33967 with RSI(14) mid-40s. Move sits at roughly the 50% retrace of the 1.33750–1.34197 leg; session low at 1.33907 is the near pivot.
Support: 1.33907, 1.3375
Resistance: 1.3400, 1.34197
What it said to watch
Reclaim of 1.34000 reopens the 1.34197 session high
Failure to hold 1.33907 confirms a lower low toward 1.33750
US PPI at 12:30 UTC could break this range
08:47 UTC
Pullback after failed push to 1.3420 · RSI 42 · price 1.33948
Consolidating below session high, edging lower.
Cable held its post-CPI gains overnight and pushed back to 1.3420 in early London, but the level rejected and price has faded to 1.33948, now sitting on the 50% retrace of the 1.3368–1.3420 leg. RSI(14) around 42 with price back under both EMAs; range trade below 1.3420 with no fresh impulse.
Pullback from session high, capped at 1.3400 psych.
Cable ran to 1.3420 in the NY session after the soft US CPI print but stalled under the 1.3400 psych/200-day cap and has faded back to 1.33948 in early London. RSI(14) cooling near 44 as price slips below EMA20; the leg higher off 1.3368 is being retraced.
Support: 1.3375, 1.3366
Resistance: 1.3400, 1.3420, 1.3443
What it said to watch
M15 close back above 1.3400 psych reopens 1.3420 session high
Failure to hold 1.3375 swing low confirms a lower low
BoE Pill speech ~10:30 GMT could shift this read
08:31 UTC
Sideways after CPI spike · RSI 47 · price 1.3400
Ranging below session high, mid-range.
Cable spiked to 1.34431 on yesterday's soft US CPI, then bled back into a 1.3375–1.3420 range and has been pinned near the 1.3400 psych level. NY drive to the 1.34197 session high was rejected and price dipped to 1.33945 before stabilising at 1.3400; RSI(14) flat near 46, no momentum edge.
Support: 1.33945, 1.33749
Resistance: 1.34197, 1.34431
What it said to watch
BoE Pill speech 10:30 GMT could shift the range read
M15 close above 1.34197 reopens the 1.34431 spike high
Failure to hold 1.33945 exposes the 1.3375 swing low
Boxed under session high, pulling into 1.3400 psych.
Cable rejected at the 1.3420 session high during London hours and has drifted back to the 1.3400 psych level, RSI(14) cooling to mid-40s. Price is boxed between 1.33945 and 1.34197 after yesterday's CPI-driven spike, with no clean break either side.
Support: 1.33945, 1.3375
Resistance: 1.34197, 1.34229
What it said to watch
M15 close below 1.33945 confirms a lower low and opens 1.3375
Reclaim of 1.34197 reopens the session high toward 1.34229
BoE Pill speech ~10:30 GMT and US PPI 12:30 GMT could shift this read
Ranging under 1.34197, lower highs after CPI spike.
Cable spiked to 1.34431 on soft US CPI four hours into yesterday's window, surrendered half the move, then ground back to 1.34197 overnight where supply capped it again. Price now pulling into London around 1.33949, back below EMA20/EMA50 with the 200-day EMA cluster near 1.3400 capping bounces.
Support: 1.3375, 1.3366
Resistance: 1.34197, 1.34431
What it said to watch
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
M15 close above 1.34197 reopens the 1.34431 spike high
Loss of 1.33750 confirms a lower low
08:17 UTC
Intraday pullback after rejection · RSI 41 · price 1.33949
Twin highs ~1.3420, retracing lower.
Cable was capped twice at 1.34197 into the London session and has since slipped back below the 1.3400 psych level, RSI(14) cooling to ~40. The soft US CPI earlier fuelled the push toward 1.3420 but the round number keeps capping bounces; price now testing the session low at 1.3395.
Support: 1.33947, 1.33877, 1.3375
Resistance: 1.3400, 1.34197
What it said to watch
M15 close back above 1.3400 reopens the 1.34197 double-top area
Break of 1.3395 session low confirms lower low toward 1.3375
BoE Pill speech ~10:30 GMT could shift this read
08:02 UTC
Range, drifting sideways · RSI 46 · price 1.34012
Range-bound below 200-day EMA cap.
Cable spiked to 1.3443 on Tuesday's soft US CPI then surrendered half the move, and London has since pinned it in a 1.3394–1.3420 range under the 200-day EMA cap near 1.3400. A push to the 1.3420 session high was rejected and price has eased back to 1.3401; RSI(14) neutral near 46, ATR only ~7 pips.
Support: 1.3400, 1.3394, 1.3372
Resistance: 1.34197, 1.3443
What it said to watch
M15 close above 1.34197 session high opens the path to the 1.3443 cpi high
Failure to hold 1.34000 200ema exposes the 1.3394 range low
US PPI 12:30 UTC and Warsh testimony could shift this range read
Cable is pinned just above 1.3400 after yesterday's soft-US-CPI spike to 1.3443 stalled below the 200-day EMA and gave back half the move. Early London pushed to a session high of 1.34197 before rejecting back to the round number; RSI(14) is neutral near 47.
Support: 1.3400, 1.3375
Resistance: 1.34197, 1.34431
What it said to watch
M15 close above 1.34197 opens the path to the 1.3443 spike high
Failure to hold 1.3400 exposes 1.3375 session low
US PPI at 12:30 UTC could break the range in either direction
Consolidation just above 1.3400 after session-high rejection.
Cable is pinned just above the 1.3400 200-day EMA cluster through the London morning after soft US CPI knocked the USD earlier in the window. Price tagged the session high at 1.34197 then faded to 1.34037; RSI(14) back near neutral with intraday structure ranging between 1.3398 and 1.3420.
Support: 1.3400, 1.33982, 1.3375
Resistance: 1.34197, 1.34431
What it said to watch
M15 close above 1.34197 opens the path to the 1.3445 range top
Failure to hold 1.34000 exposes the 1.33982 swing low
UK GDP Thu 06:00 GMT could materially shift this read
Cable spiked to 1.3443 on the soft US CPI print then surrendered half the move, and has since coiled between 1.3400 and 1.3420 through the London session. Latest push to 1.3420 was rejected, RSI(14) cooling back to mid-range as price slips under the EMA20 into 1.3404.
Support: 1.3400, 1.33679
Resistance: 1.34197, 1.34431
What it said to watch
M15 close above 1.3420 opens the path back to the 1.3443 cpi high
Loss of the 1.3400 round number exposes the 1.3368 swing low
Cable climbed back to 1.34197 in early London before the last bar rejected sharply to 1.34057, RSI(14) cooling to mid-range. The pair is boxed above the 1.3400 psych level after the soft US CPI spike to 1.34431 was faded; session high at 1.34197 remains the cap.
Support: 1.3400, 1.3375
Resistance: 1.34197, 1.34431
What it said to watch
M15 close above 1.34197 opens the path back to the 1.34431 cpi spike
Failure to hold 1.3400 psych exposes 1.33750 swing low
US PPI at 12:30 UTC could materially shift this read
Consolidating under session high after early spike faded.
Cable holding a tight 1.3400-1.3420 band through the London morning after the early CPI-driven spike toward 1.3443 was fully faded. Buyers reclaimed the round 1.3400 into the session high at 1.3420 but the last push stalled, RSI(14) back near neutral around 52.
Support: 1.3400, 1.3394, 1.3375
Resistance: 1.34197, 1.34431
What it said to watch
M15 close above 1.34197 opens the path back toward the 1.3443 spike high
Loss of the round 1.3400 exposes the 1.3394 swing low then 1.3375 session low
Cable is grinding higher through London hours after yesterday's soft US CPI spike to 1.3443 was faded back toward 1.3375. Price has since broken the 1.3400 psych level and the 1.3400–1.3410 consolidation, now probing session highs near 1.3420 while holding a rising support line off the London lows; RSI mid-60s, ATR sub-10 pips.
Support: 1.3400, 1.3375
Resistance: 1.3420, 1.3443
What it said to watch
M15 close above 1.3420 session high opens path to the 1.3443 range top
loss of the 1.3400 psych level reopens 1.3375 swing low
Cable reclaimed 1.3400 through the London session after Tuesday's soft-US-CPI spike to 1.3443 faded back to 1.3368, and has since ground out higher lows to press the session high near 1.3420. RSI(14) mid-60s, room before hot; the 1.3445 range top from the CPI wick still caps.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.34197, 1.34431
What it said to watch
M15 close above 1.34197 opens the path back to the 1.3445 range top
Loss of 1.3400 puts the 1.3375 swing low back in play
BoE Pill speech ~10:30 GMT and US PPI 12:30 GMT could shift this read
07:01 UTC
Grinding higher off Asian range · RSI 63 · price 1.34115
Reclaim of 1.3400, testing session high.
Cable pushed back above the 1.3400 200-day EMA into the London open, printing a session high at 1.3419 after holding the Asian range near 1.3400. RSI(14) around 63, room before hot; the CPI-spike top at 1.3443 remains the range cap.
Support: 1.3400, 1.3375
Resistance: 1.3419, 1.3443
What it said to watch
M15 close back below 1.3400 puts price back inside the range and re-establishes the EMA cap
BoE Pill speech 10:30 UTC and US PPI 12:30 UTC could materially shift this read
Close above 1.3419 opens the 1.3443 range top
07:01 UTC
Uptrend, grinding higher · RSI 61 · price 1.34115
Higher lows since the 1.3368 base, reclaimed 1.3400.
Cable ground back above the 1.3400 round number through the Asia-London handoff, printing higher lows off the 1.3368 base and tagging a session high at 1.34197, RSI(14) mid-60s. Price now hovers just under that high with the 200-day cap near 1.3400 already reclaimed on the day.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.34197, 1.34431
What it said to watch
M15 close above 1.34197 opens the path back to the 1.3443 spike high
Loss of 1.3400 puts the 1.3375 swing low back in play
BoE Pill 10:30 UTC and US PPI 12:30 UTC could materially shift this read
06:46 UTC
Uptrend, grinding higher · RSI 63 · price 1.3415
Higher lows, reclaimed 1.3400.
Cable ground back above the 1.3400 200-day EMA cap through the low-volume Asian session, printing higher lows into the London open with the session high at 1.34197. RSI(14) around 63 — firm, not stretched — as price retraces the bulk of the post-CPI drop from 1.34431.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.34197, 1.34431
What it said to watch
M15 close above 1.34197 session high opens the 1.3443 cpi spike
Failure to hold 1.3400 ema cap reopens 1.3375 swing low
BoE Pill speech 10:30 UTC could shift the range read
06:46 UTC
Uptrend, grinding higher · RSI 64 · price 1.3415
Higher highs, reclaimed 1.3400.
Cable ground higher through Asia into the London session, reclaiming the 1.3400 200-day EMA cap that has rejected recoveries since the soft US CPI spike to 1.3443. Price now presses the 1.3420 session high on modest ATR (~5 pips); range top at 1.3445 still untested.
Support: 1.3400, 1.3375
Resistance: 1.3420, 1.3445
What it said to watch
Sustained M15 close above 1.3445 opens the range top
Failure to hold 1.3400 reopens 1.3375 swing low
UK GDP (Thu 06:00 UTC) and BoE Pill speech could shift this read
06:31 UTC
Recovery grind higher · RSI 64 · price 1.34157
Higher lows, reclaiming 1.3400.
Cable ground back above the 1.3400 200-day cap through early London and is pressing the 1.34197 session high, RSI(14) mid-60s. Yesterday's soft US CPI spiked price to 1.34431 before it faded under 1.3400 — a false break of the range top — but the base off the 1.33679 low has printed higher lows since.
Support: 1.3400, 1.3375
Resistance: 1.34197, 1.34431, 1.3445
What it said to watch
M15 close above 1.34197 opens the 1.3445 range top
Failure to hold 1.3400 reopens the 1.3375 swing low
BoE Pill speech 10:30 UTC could shift this read
06:31 UTC
Uptrend, grinding back toward session high · RSI 66 · price 1.34157
Higher lows into 1.3420, reclaim of 1.3400.
London session grinding higher, price reclaiming the 200d EMA near 1.3400 that has capped every recovery, now pressing the 1.3420 session high after yesterday's CPI-driven spike to 1.3445 faded. Higher-low chain intact from 1.3368; RSI(14) around 66, firm but not yet stretched.
Support: 1.3400, 1.33679
Resistance: 1.34197, 1.34431
What it said to watch
M15 close above 1.34197 opens the 1.3445 range top
Failure to hold 1.3400 reopens 1.33679 session low
Cable ground steadily higher through the Asia session, reclaiming the 1.3400 psych pivot and now printing 1.34171 into the London open — right at the 61.8% retrace of the CPI-spike fade off 1.34431. RSI(14) near 67, firm but not stretched; prior high at 1.3423 is the next area to watch for rejection or break.
Support: 1.3400, 1.33679, 1.3375
Resistance: 1.3423, 1.34431, 1.3445
What it said to watch
Close above 1.3423 opens the path back toward the 1.34431 spike high
Loss of 1.3400 pivot reopens 1.3375 and the 1.33679 session low
BoE Pill speech 10:30 UTC could shift this read
06:16 UTC
Uptrend into London open · RSI 66 · price 1.34171
Session high push off overnight base.
London open lifted cable off the tight overnight 1.3400-1.3405 base to a fresh session high at 1.3417, reclaiming the 200-day pivot from yesterday's faded US CPI spike. RSI firm near 66, price sits around the 0.6 retrace of the 1.3443-1.3368 fade; the 1.3423 swing and 1.3445 CPI high are the ceilings above.
Support: 1.3400, 1.3375
Resistance: 1.3423, 1.3445
What it said to watch
hold above 1.3400 round keeps the session-high push intact
BoE Pill speech 10:30 UTC could shift the intraday read
close above 1.3423 prior high opens the 1.3445 cpi high
The soft US CPI print drove a spike to 1.34431 that fully faded back under 1.3400, and price has since crept back up to press session highs at 1.34141 with RSI(14) around 63. Tight, low-volume Asian grind holding above the 200-day EMA at 1.3400; range top still unbroken.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.34141, 1.34431, 1.3445
What it said to watch
M15 close above 1.34141 opens the path back toward the 1.34431 spike high
Failure to hold 1.3400 re-exposes the 1.33750 swing low
BoE Pill speech at 10:30 UTC could shift this read
Recovery to retest 1.3400 pivot after spike unwound.
Yesterday's soft US CPI spiked cable to 1.3443 then fully unwound back under 1.3400. Price has since ground higher through Asia into early London and is retesting the 200-day EMA at 1.3400, now poking session high 1.3414; RSI mid-range, ATR ~23 pips.
Support: 1.3400, 1.3375, 1.3360
Resistance: 1.34141, 1.34431
What it said to watch
M15 close above 1.3414 session high opens 1.3443
Failure to hold 1.3400 pivot exposes 1.3375 swing low
Cable is coiling tightly just above 1.3400 in thin Asian trade after yesterday's soft-US-CPI spike to 1.3443 fully unwound. Last two bars nudge to 1.34115 with RSI near 60; the 200-day pivot around 1.3400 remains the reference and price has not tested the 1.3419 intraday high since.
Support: 1.3400, 1.3375
Resistance: 1.3419, 1.3443
What it said to watch
M15 close above 1.3419 opens path toward the 1.3443 spike high
Cable spiked to 1.3443 on yesterday's soft US CPI print then fully unwound below 1.3400; price has since ground higher through the Asian session on a chain of higher lows and reclaimed the 1.3400 pivot, now testing 1.3411. RSI mid-60s, no extreme, ATR compressed near 5 pips.
Support: 1.3400, 1.3368
Resistance: 1.3443
What it said to watch
M15 close back below 1.3400 negates the reclaim, exposes the 1.3368 swing low
Break above 1.3443 spike high opens further upside
BoE Pill speech at 10:30 UTC could shift this read
The CPI-driven spike to 1.3443 fully unwound, leaving cable coiling under the 200-day EMA at ~1.3400. Overnight grind off the 1.3375 session low has recovered to 1.3404; range top near 1.3420 still caps into early London.
Support: 1.3392, 1.3375, 1.3360
Resistance: 1.3420, 1.3443
What it said to watch
Close above 1.3420 opens the 1.3443 cpi high
Failure to hold 1.3392 swing low reopens 1.3375
US PPI 12:30 UTC and Warsh 14:00 UTC could shift this read
Yesterday's soft US CPI spiked cable to 1.3445 before the move fully unwound back beneath the 200-day EMA at 1.3400. Asia session is grinding sideways in a tight 1.3398-1.3410 band on thin volume, RSI(14) neutral near 56 with no directional impulse.
Support: 1.3400, 1.3380, 1.3360
Resistance: 1.3410, 1.3445
What it said to watch
M15 close above 1.3410 reopens the 1.3445 cpi high
Loss of 1.3380 swing low exposes the 1.3360 range pivot
BoE Pill 10:30 UTC and US PPI 12:30 UTC can break this range
05:17 UTC
Recovering, momentum flat · RSI 56 · price 1.3403
Consolidation under 1.3407 after CPI spike faded.
The soft US CPI spike to 1.3443 fully reversed to 1.3368, and cable has since ground back up to consolidate in a tight 1.3399-1.3407 band through the Asian session. RSI(14) neutral near 56, ATR compressed to ~5 pips; price is pinned just under the 1.3407 prior high with no intraday setup in play.
Support: 1.33992, 1.3375, 1.33679
Resistance: 1.34089, 1.34431
What it said to watch
M15 close above 1.3407 reopens the 1.3443 spike high
Loss of 1.3399 exposes the 1.3375 session low
BoE Pill speech ~10:30 UTC could break the range
05:16 UTC
Consolidating just above 1.3400 · RSI 56 · price 1.3403
Tight range under 200-day EMA after spike fade.
Cable spiked to 1.3443 on the soft US CPI print then fully faded back under the 200-day EMA at ~1.3400. Last few hours have coiled into a tight 1.3400-1.3405 range as early London develops; RSI(14) flat mid-range, no setup in play.
Support: 1.3400, 1.3375, 1.3368
Resistance: 1.3405, 1.3443, 1.3445
What it said to watch
Sustained M15 close above 1.3405 reopens the 1.3443 spike high
Loss of 1.3400 shifts focus to the 1.3375 swing low
BoE Pill speech 10:30 UTC could break the range
05:01 UTC
Consolidation after impulsive spike · RSI 53 · price 1.34017
Tight range holding above 1.3400.
Cable is coiling just above the 200-day near 1.3400 after yesterday's soft US CPI drove a sharp spike to 1.3443. The last several hours are a tight 1.3400–1.3409 range with RSI(14) flat mid-band, no fresh directional move into the London handover.
Support: 1.3400, 1.3375
Resistance: 1.3409, 1.3443
What it said to watch
M15 close below 1.3400 (200-day) revives the broader range
Break above 1.3409 session high reopens the path to 1.3443 spike high
UK GDP (Wed 06:00 UTC) and BoE Pill speech could shift this read
05:01 UTC
Up then flat, consolidating near highs · RSI 54 · price 1.34017
Tight range under session high post-spike.
Cable spiked to 1.3443 on yesterday's soft US CPI print, then faded and has spent the Asian session grinding in a tight 1.3399–1.3408 band. RSI(14) sits neutral near 54 with volume thin ahead of London; no directional setup in play.
Support: 1.3399, 1.3375
Resistance: 1.3408, 1.3443
What it said to watch
M15 close above 1.3408 reopens the path toward the 1.3443 spike high
Loss of 1.3399 range base exposes 1.3375 swing low
UK GDP/Production Wed 06:00 UTC could break this consolidation
04:47 UTC
Uptrend, momentum slowing · RSI 59 · price 1.3403
Higher lows into 1.3400 psych, capped below CPI spike high.
Cable spiked to 1.3443 on the soft US CPI print during the London-NY window, then faded and has since built higher lows back to the 1.3400 psych level through the Asian session. RSI(14) mid-range and ATR just ~4 pips — thin overnight conditions with price pinned just above 1.3400.
Support: 1.3399, 1.3375, 1.3368
Resistance: 1.3409, 1.3443
What it said to watch
M15 close above 1.3409 reopens the path toward the 1.3443 cpi high
Failure to hold the 1.3400 psych level revives the range back toward 1.3375
Break of the ascending higher-lows support turns the intraday structure sideways
Consolidation above 1.3400 after CPI-driven leg up.
Cable ground higher through the Asian session and is coiling just above the 1.3400 psychological/200-day area after yesterday's soft US CPI print sparked the spike to 1.34431. Price is pinned below the 1.34089 session high with RSI(14) mid-range; buyers held the 1.3375 shelf on each dip.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.34089, 1.34431, 1.3445
What it said to watch
M15 close above 1.34089 opens the path toward the 1.34450 range top
Failure to hold 1.3400 revives the prior range and exposes 1.3375
Asia session ground steadily higher off the 1.3368 pullback low, reclaiming the 1.3400 round number/200-day pivot after yesterday's soft-US-CPI spike to 1.34431. RSI(14) around 60 with ATR compressed to ~6 pips; price is pinned just above 1.3400 into the London open.
Support: 1.3400, 1.3394, 1.33679
Resistance: 1.34089, 1.3423, 1.34431
What it said to watch
M15 close above 1.34089 opens a retest of the 1.34230 area
Failure to hold 1.3400 reopens 1.3394 and revives the range read
BoE Pill (10:30 GMT) and US PPI (12:30 GMT) later today could shift this read
GBPUSD spiked to 1.34431 on the soft US CPI print ~16h ago, then faded to 1.33679 before Asian-session buyers reclaimed the ~1.3400 200-day pivot. Price is now grinding back toward the prior high at 1.34230 in a thin, low-volume tape, RSI mid-range near 61, ATR just ~7 pips.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.3423, 1.34431
What it said to watch
Sustained hold above 1.3400 keeps the reclaim intact; loss reopens 1.33750
M15 close above 1.34230 puts the 1.34431 spike high back in play
London open liquidity could expand the current ~7 pip range
Asia session grinding a tight range near the 1.3400 psych/200sma pivot after the post-CPI spike to 1.34431 faded and pulled back to 1.33679. RSI(14) neutral around 55, ATR compressed to ~5 pips on thin overnight flow; session high at 1.34089 caps for now.
Support: 1.3400, 1.33679, 1.3375
Resistance: 1.34089, 1.34431
What it said to watch
M15 close below 1.3400 reopens the 1.33750-1.33679 pullback zone
Break and hold above 1.34089 puts the 1.34431 cpi high back in play
BoE Pill (10:30 GMT) and US PPI (12:30 UTC) could break the range
04:16 UTC
Recovery, consolidating at pivot · RSI 55 · price 1.34025
Reclaimed 1.3400 after CPI spike faded.
GBPUSD spiked to 1.34431 on the soft US CPI print then bled back to 1.33680 before grinding higher through the Asian session to reclaim the 1.3400 pivot. Now consolidating 1.3400-1.3409 in thin, low-volume trade, RSI(14) neutral near 55.
Support: 1.3400, 1.3375, 1.3368
Resistance: 1.3409, 1.3419, 1.34431
What it said to watch
M15 close below 1.33750 revives a lower-low toward 1.33680
Sustained hold above 1.3400 keeps the recovery intact ahead of London open
BoE's Pill speech (10:30 GMT) could shift the read
04:02 UTC
Uptrend, momentum easing in Asia · RSI 61 · price 1.34043
Recovered post-CPI dip, grinding at 1.3400 pivot.
GBPUSD spiked to 1.3443 on yesterday's soft US CPI print at 12:30 UTC, faded to a 1.3368 session low, then ground higher through the Asian session to retest the 200-day SMA near 1.3400. Price now sits just above the pivot at 1.3404 on thin Asian volume, RSI cooled to the low 60s, with a rising sequence of higher lows intact.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.3409, 1.3423
What it said to watch
Hold above 1.3400 keeps the recovery structure intact; slip back below 1.3375 revives the range read
BoE's Pill (10:30 UTC) and US PPI (12:30 UTC) later today could materially shift this read
Break above 1.3423 prior high opens the 1.3443 CPI spike high
GBPUSD ground back to the 1.3400 round number in the Asia session after yesterday's US CPI-driven spike to 1.3443 faded to 1.3368. Recovery is stair-stepping higher on thin late-Asia volume, RSI(14) mid-60s with no extreme; session high at 1.3409 is the near-term cap.
Support: 1.3400, 1.3394, 1.33679
Resistance: 1.3409, 1.34229, 1.34431
What it said to watch
M15 close above 1.3409 session high opens the run toward 1.3423
Failure to hold 1.3400 round number / 200-day pivot keeps the range intact
BoE Pill speech (10:30 GMT) could shift the read
03:47 UTC
Micro uptrend, grinding · RSI 55 · price 1.34003
Higher lows below 1.3400 pivot.
GBPUSD is coiling right on the 1.3400 pivot (~200-day area) after Tuesday's soft US CPI spike drove a run to the 1.34431 spike high before fading. Asian-hours grind has printed higher lows off the 1.33679 session low back toward the 1.34089 session high on thin volume; 1.33900 prior base has capped downside on pullbacks.
Support: 1.3390, 1.33679
Resistance: 1.34089, 1.34431
What it said to watch
Close above 1.34089 session high opens a retest of the 1.34431 spike high
Loss of 1.33900 prior base breaks the rising-low sequence
BoE Pill (10:30 GMT) and US PPI (12:30 UTC) could shift this read intraday
Consolidating at 1.3400 pivot after CPI spike-and-fade.
GBPUSD spiked to 1.3443 on the soft US CPI print then faded; the Asia session ground back up along rising support and is now consolidating right at the ~1.3400 200-day SMA pivot. RSI(14) neutral near 54 and ATR ~5 pips flag a quiet overnight range, capped below the 1.34089 session high.
Support: 1.33982, 1.33679
Resistance: 1.34089, 1.34431
What it said to watch
M15 close above 1.34089 opens a retest of the 1.3443 cpi high
Failure to hold the 1.33982 o/n low reopens the 1.33679 swing low
UK GDP Thu 06:00 GMT could materially shift this read
03:32 UTC
Uptrend, grinding higher · RSI 59 · price 1.34007
Higher lows after CPI spike, consolidating above 1.3400.
The 12:30 UTC US CPI miss spiked GBPUSD to 1.34431 before it faded back to 1.33679; Asian-session bars have since ground back up to reclaim the 1.3400 psych/200-day pivot. Structure is a shallow uptrend with higher lows, RSI(14) mid-range near 59 and ATR compressed to ~6 pips in thin Asia trade.
Support: 1.3400, 1.33944, 1.33679
Resistance: 1.34089, 1.34431
What it said to watch
Sustained hold above 1.3400 keeps the recovery intact; loss of it revives the range read
Break of 1.34089 opens a retest of the 1.34431 CPI spike high
UK GDP (Thu 06:00 GMT) and US PPI/Warsh could reset intraday direction
03:32 UTC
Uptrend, momentum easing · RSI 61 · price 1.34007
Consolidating above 1.3400 after CPI spike.
GBPUSD spiked to 1.3443 on the soft US CPI print then unwound to 1.3368 before grinding back above the 1.3400 psych/200-day pivot. Low-volume Asian session bars show a slow drift higher, RSI(14) neutral-to-firm near 60 and session high at 1.34089 capping.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.34089, 1.34431
What it said to watch
Sustained hold above 1.3400 keeps the recovery intact; loss of 1.3375 reopens the 1.3368 session low
A push through 1.34089 puts the 1.34431 spike high back in play
UK GDP Thu 06:00 GMT and US PPI/Warsh later today could reset this read
03:17 UTC
Uptrend, momentum easing · RSI 59 · price 1.34008
Grinding higher, holding above 1.3400 pivot.
GBPUSD spiked to 1.34431 on the soft US CPI print ~14h ago, then unwound to 1.33679 before grinding back up through the Asian session. Price now sits on the 1.3400 200-day/psych pivot with RSI(14) mid-range near 59; session high at 1.34089 is the immediate cap.
Support: 1.3400, 1.3394, 1.33679
Resistance: 1.34089, 1.34229, 1.34431
What it said to watch
M15 close above 1.34089 opens the 1.34229 post-CPI high
Failure to hold 1.3400 puts the 1.33940 rising-lows line in play
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could shift this read
GBPUSD spiked to 1.34431 on the soft US CPI print then unwound, and has since ground back up in a chain of higher lows to retest the 200-day SMA pivot at 1.3400. Price is hovering right on that level with RSI(14) neutral near 58 — a controlled recovery rather than an impulsive push.
Support: 1.3400, 1.3375, 1.3372
Resistance: 1.34089, 1.34431, 1.3445
What it said to watch
Sustained M15 closes above 1.34089 open the path back toward the 1.34431 spike high
Loss of 1.3400 and the rising-low base near 1.3375 negates the recovery structure
US PPI (12:30 UTC) and Warsh testimony (14:00 UTC) could materially shift this read
GBPUSD recovered off the 1.33679 range low and ground higher through the quiet Asian session to retest the 1.3400 round number, printing a session high at 1.34089. Move follows yesterday's CPI-driven spike to 1.34431; RSI(14) near 61 with price holding above EMA20/50 on a chain of higher lows.
Support: 1.3400, 1.33792, 1.33679
Resistance: 1.34089, 1.34229, 1.34431
What it said to watch
M15 close above 1.34089 opens a run toward prior high 1.34229
Loss of rising support and 1.34000 reopens the 1.33792 swing low
Asia session grinding higher, GBPUSD has clawed back above 1.34000 after the sharp US CPI spike to 1.34431 and subsequent fade to 1.33679. Price stair-steps up on higher lows with RSI(14) mid-60s; recovery has stalled just under the 1.34160 prior-high shelf.
Support: 1.3400, 1.3382, 1.33679
Resistance: 1.3416, 1.34431
What it said to watch
M15 close above 1.34160 opens the path back toward the 1.34431 spike high
Loss of 1.34000 reverts price into the 1.33820-1.34160 range
US PPI 12:30 GMT could materially shift this read
02:47 UTC
Uptrend, grinding higher in Asia · RSI 62 · price 1.34074
Reclaim above 1.3400 pivot after CPI spike, rising lows.
CPI-driven spike tagged 1.3443 before fading to 1.3368; price has since reclaimed the 1.3400 psych pivot and is grinding higher through thin Asia hours. Rising lows into 1.3407 keep the 200-day SMA area at 1.3400 acting as support for now.
Support: 1.3400, 1.3375, 1.3368
Resistance: 1.3419, 1.3443
What it said to watch
Hold above 1.3400 confirms the breakout; rejection back below keeps the range intact
1.3419 prior high — area to watch for rejection or break toward 1.3443
US PPI + Warsh testimony later today, UK GDP Thu 06:00 GMT could shift this read
02:47 UTC
Recovery grinding higher · RSI 63 · price 1.34074
Reclaimed 1.3400, holding above.
The CPI-miss spike drove GBPUSD to 1.34431 before a fade to 1.33679; Asian session has since ground back up and reclaimed the 1.3400 200-day pivot, last at 1.34074. Move remains USD-led after the soft US print; RSI(14) near 63, ATR compressed to ~7 pips in the low-volume Asian hours.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.34229, 1.34431
What it said to watch
Sustained hold above 1.3400 keeps the reclaim intact; a close back below re-opens the 1.3375 session low
A push through 1.34229 exposes the 1.34431 CPI high / 1.3445 range top
BoE's Pill 10:30 GMT and UK GDP Thu could shift this read
02:32 UTC
Uptrend, consolidating near highs · RSI 65 · price 1.3401
Higher lows into 1.3400 pivot.
Asian session grinding higher into the 1.3400 psych pivot after recovering the pullback that followed the soft-US-CPI spike to 1.3443. Price is consolidating just under session high 1.3405 on a chain of higher lows off the 1.3368 session low, RSI(14) around 65.
Support: 1.3400, 1.3382, 1.3368
Resistance: 1.3405, 1.3443
What it said to watch
M15 close below the rising support off 1.3368 reopens the 1.3382 swing low
Break and hold above 1.3405 opens the path toward the 1.3443 spike high
US PPI 12:30 GMT and Warsh testimony 14:00 GMT could shift this read
Yesterday's US CPI miss (12:30 GMT) spiked GBPUSD to 1.3443 before it retraced to the 1.3375 consolidation floor. Asian session has ground back up in low-volatility fashion and price now sits on the 1.3400 pivot (200-day area), with session highs capping at 1.3405.
Support: 1.3375, 1.3368, 1.3350
Resistance: 1.3405, 1.3443
What it said to watch
M15 close above 1.3405 opens the path back toward the 1.3443 cpi high
Failure to hold 1.3375 range low reopens 1.3350
UK GDP Thu 06:00 GMT and PPI/Warsh later today could shift this read
02:17 UTC
Uptrend, momentum easing in Asia · RSI 61 · price 1.34017
Higher lows, consolidating above 1.3400 pivot.
GBPUSD spiked to 1.34431 on Tuesday's soft US CPI print, then retraced to 1.33679 before grinding back up through the 200-day pivot at 1.3400 during the Asian session. Price is now consolidating just above 1.3400 on thin Asian volume, RSI(14) mid-range near 61.
Support: 1.3400, 1.33679
Resistance: 1.34157, 1.34431
What it said to watch
Hold above 1.3400 keeps the reclaim intact; loss of it reopens 1.33679
M15 close above 1.34157 puts the 1.34431 spike high back in play
UK GDP Thu 06:00 GMT sits outside this window but frames the broader pivot
02:16 UTC
Uptrend, grinding higher · RSI 61 · price 1.34017
Reclaimed 1.3400, higher lows into Asia.
Quiet Asia session grinding higher after yesterday's soft US CPI spiked price to 1.3443; GBPUSD has reclaimed the 1.3400 psych/200-sma pivot and holds above it on thin volume. RSI(14) mid-range near 61 with tiny ~5-pip ATR — no impulse, just a slow drift back toward the CPI high.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.3405, 1.34431
What it said to watch
Failure to hold 1.3400 reopens the 1.3375 swing low
Close above 1.34050 puts the 1.3443 cpi high back in play
UK GDP Thu 06:00 GMT could materially shift this read
Soft US CPI drove the sharp spike to 1.34431, which faded back to 1.33679 before Asia hours built a chain of higher lows back to 1.34050. Price now sits on the 200-day pivot at ~1.3400, RSI(14) around 62 with room before hot.
Support: 1.3400, 1.3379, 1.33679
Resistance: 1.3405, 1.34431
What it said to watch
M15 close above 1.34050 opens a run toward the 1.34431 cpi high
Rejection at the 200-day near 1.3400 keeps the range intact
UK GDP Thu 06:00 GMT could reprice this move
02:02 UTC
Uptrend, grinding higher · RSI 63 · price 1.3401
Higher lows into 1.3400 reclaim.
Asia session grinding higher, reclaiming the 1.3400 200-SMA pivot after the soft US CPI spike to 1.3443 earlier retraced and consolidated near 1.3380. Chain of higher lows intact with price pressing the 1.3405 session high, RSI(14) mid-60s.
Support: 1.3400, 1.3379, 1.3368
Resistance: 1.3405, 1.3443
What it said to watch
M15 close back below 1.3400 pivot revives the range read
Break above 1.3405 session high opens the 1.3443 spike high
Grinding back to 1.3400 pivot after spike-and-fade.
Price has ground back up through the Asia session to retest the 1.3400 pivot after yesterday's soft-US-CPI spike to 1.3443 faded to 1.3368. RSI(14) mid-range near 59; buyers stepped in repeatedly around 1.3375, and the 1.34050 session high is the immediate cap.
Support: 1.3375, 1.3366
Resistance: 1.3405, 1.34431
What it said to watch
M15 close above 1.34050 opens the path toward the 1.3443 spike high
Failure to hold 1.33750 revives the pullback toward 1.3366
US PPI later today could materially shift this read
01:47 UTC
Uptrend, grinding higher in Asia · RSI 62 · price 1.33999
Higher lows off 1.3368, retesting 1.3400 pivot.
GBPUSD spiked to 1.3443 on the soft US CPI print then pulled back to 1.3368; Asia has since ground back to retest the 1.3400 round number and 200-day pivot, RSI near 62. Session sits just under the 1.34054 high on thin volume.
Support: 1.3394, 1.3379, 1.33679
Resistance: 1.34054, 1.3423, 1.34431
What it said to watch
Close above 1.34054 session high opens the path toward 1.3423 then the 1.3443 spike high
Sustained hold above 1.3400 confirms the 200-day reclaim; rejection keeps the retest capped
Failure back below 1.33790 reopens the 1.3368 session low
US PPI / BoE Pill later today could shift this read
Soft US CPI spiked cable to 1.3443 mid-session before it faded back to 1.3368; Asia hours have quietly ground price back above the ~1.3400 200-day pivot to 1.3402. RSI(14) near 62 with thin overnight volume — a slow reclaim rather than an impulsive break.
Support: 1.3400, 1.3390, 1.33679
Resistance: 1.34054, 1.34431
What it said to watch
M15 close above 1.34054 opens a retest of the 1.34431 cpi high
Failure to hold 1.3400 reopens the range toward the 1.33679 session low
US PPI at 12:30 UTC and Warsh testimony 14:00 UTC are the day's USD catalysts
01:31 UTC
Uptrend, grinding higher · RSI 62 · price 1.34022
Higher lows since post-CPI dip.
The soft US CPI print drove a sharp spike to 1.34431 mid-window before a pullback to the 1.33679 swing low. Price has since ground back up in a chain of higher lows and is now retesting the 1.3400 200-day/psych pivot near session highs, RSI(14) around 62.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.34054, 1.34431
What it said to watch
Hold above 1.3400 pivot confirms the breakout; rejection keeps the prior range intact
Loss of 1.33750 reopens the post-CPI low at 1.33679
UK GDP (Thu 06:00 GMT) is the next scheduled catalyst for this pair
GBPUSD spiked to 1.34431 on the soft US CPI print, then consolidated 1.3375-1.3420 through the session. Asia hours are grinding higher lows back into the 1.3400 pivot (200-day), price now retesting it from above at 1.34046 with RSI mid-range.
Support: 1.3400, 1.3375, 1.33679
Resistance: 1.34191, 1.34431
What it said to watch
M15 close above 1.34191 opens the path back to the 1.34431 spike high
Failure to hold 1.3400 revives the 1.3375-1.3420 range
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
01:16 UTC
Uptrend, grinding higher · RSI 66 · price 1.34046
Higher highs and higher lows, reclaiming 1.3400.
GBPUSD ground back up through the Asia session, reclaiming the 1.3400 psych/200sma pivot after yesterday's soft US CPI drove the spike to 1.34431. Price now pressing session highs at 1.34054 with RSI(14) around 66, higher-low chain intact off 1.3372.
Support: 1.3400, 1.3372, 1.3366
Resistance: 1.34054, 1.34431
What it said to watch
Hold above 1.3400 keeps the reclaim intact; slip back below revives the range read
Break below 1.3372 ends the intraday higher-low chain
Close above 1.34054 opens the path back toward 1.34431
US PPI and Warsh testimony later could materially shift this read
01:02 UTC
Uptrend, grinding higher · RSI 64 · price 1.3403
Higher lows into 1.3400 cap.
GBPUSD spiked to 1.3443 on the soft US CPI print during the London-NY window, then unwound into a 1.3375–1.3390 consolidation. The thin Asian session ground steadily higher, reclaiming the 1.3400 round number / 200-day cap with RSI(14) in the mid-60s.
Support: 1.3375, 1.3368
Resistance: 1.3415, 1.3443
What it said to watch
M15 close above 1.3415 1mo high opens path toward the 1.3443 spike high
Failure to hold the 1.3375 range floor confirms a lower low
Sustained rejection at the 1.3400 200-day cap keeps the Asian grind capped
Higher lows since session low, testing 1.3400 cap.
GBPUSD spiked to 1.34431 during NY on the soft US CPI print, then consolidated and based at the 1.3368 session low. The Asian session has ground back up in a chain of higher lows, now pressing the 1.3400 200-day SMA cap with RSI(14) in the mid-60s — hot but not extreme.
Support: 1.3388, 1.3368
Resistance: 1.3420, 1.34431
What it said to watch
M15 close above 1.3420 range top opens the 1.34431 spike high
Failure to hold 1.3388 breaks the rising-low chain
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could shift this read
00:47 UTC
Uptrend, Asian grind higher · RSI 61 · price 1.3396
Recovery off session low, rising lows into 1.3400 cap.
Thin Asian session grinding higher on rising lows from 1.3368 back toward the 200-day SMA cap near 1.3400, after yesterday's soft US CPI spiked GBPUSD to 1.34431 before fading. Momentum steady but volume is light and price stalls just under the 1.3400 barrier.
Support: 1.3368, 1.3375
Resistance: 1.3400, 1.34431
What it said to watch
M15 close above 1.3400 opens the path back to 1.34431
Failure to hold 1.3368 negates the recovery grind
US PPI 12:30 UTC and BoE Pill could shift this read
00:46 UTC
Recovering, grinding higher into cap · RSI 63 · price 1.3396
Post-spike pullback, higher lows into 1.3400.
The CPI miss spiked GBPUSD to a session high of 1.3443 before a pullback to 1.3368; the Asian session has since ground higher on light volume to 1.3396, pressing the 200-day cap near 1.3400. Higher lows are holding but RSI(14) at 63 shows no extreme.
Support: 1.3379, 1.33679
Resistance: 1.3400, 1.34431
What it said to watch
M15 close above 1.3400 opens the path back to 1.3443
Failure to hold 1.3368 confirms a lower low
US PPI 12:30 UTC and BoE Pill could shift this read
00:32 UTC
Recovering, testing 1.3400 cap · RSI 64 · price 1.33989
Higher lows into 1.3400 resistance.
NY faded the soft-US-CPI spike from 1.34431 back to 1.33679, and the Asia session has ground higher lows back up to the 1.3400 psych cap (also the flagged 200-day area). Thin-liquidity Asian bars, RSI(14) around 63 — price is retesting the cap, not through it.
Support: 1.33679, 1.3375
Resistance: 1.3400, 1.34158, 1.34431
What it said to watch
M15 close above 1.3400 opens the path to prior high 1.34158 then day high 1.34431
Failure to hold the swing low at 1.33679 confirms a lower low
BoE Pill (Wed) and US PPI later this week could shift this read
00:32 UTC
Uptrend, grinding into cap · RSI 64 · price 1.33989
Higher lows recovering toward 1.3400.
Yesterday's soft US CPI drove a NY-session spike to 1.34431 before price faded to 1.33679; the Asia session has since ground higher off that low back toward the 1.3400 round-number/200-day cap. Price sits at 1.33989 above EMA20/50 with RSI(14) firm near 63, not yet extended.
Support: 1.33792, 1.33679
Resistance: 1.3400, 1.34431
What it said to watch
M15 close above 1.3400 200sma cap opens a retest of the 1.34431 spike high
Loss of 1.33792 asia low reopens the 1.33679 swing low
BoE Pill (Wed) and UK GDP (Thu) are the next catalysts that could shift this read
Higher lows off 1.3368, grinding toward 1.3400 cap.
Soft US CPI spiked GBPUSD to 1.34431 mid-window before the move faded back to 1.3368. Thin Asian session since has ground out higher lows, price now recovering toward the 1.3400 200-day SMA cap with RSI a moderate 62.
Support: 1.3375, 1.33679
Resistance: 1.3400, 1.34431
What it said to watch
M15 close above 1.3400 opens the path back to the 1.34431 cpi high
Failure to hold 1.3375 session low breaks the higher-low chain toward 1.3368
BoE Pill (Wed) and US PPI could reset this read
00:16 UTC
Recovering, grinding into 1.3400 cap · RSI 61 · price 1.33961
Higher lows off session low, capped below 1.3400.
Asia session grinding higher on thin volume toward the 1.3400 psych/200dma cap after the soft US CPI spike to 1.34431 during the prior NY session faded to 1.33679. Higher lows building, RSI(14) mid-range near 61 — price is retesting 1.3400 from below.
Support: 1.3379, 1.33679
Resistance: 1.3400, 1.34229, 1.34431
What it said to watch
M15 close above 1.3400 opens the path back to 1.34431 spike high
Failure to hold 1.33679 session low breaks the higher-low chain
Thin Asia liquidity; ranges compress until London open
00:02 UTC
Recovering, grinding higher into 1.3400 cap · RSI 58 · price 1.3396
Higher lows building below 1.3400 after CPI spike faded.
GBPUSD spiked to 1.3443 on yesterday's soft US CPI print, then faded and based around 1.3367. Thin Asia-session flow has ground price back up in a chain of higher lows, now pinned just under the well-flagged 1.3400 (200-day) cap with RSI mid-range.
Support: 1.3375, 1.3367, 1.3350
Resistance: 1.3400, 1.3423, 1.3443
What it said to watch
M15 close above 1.3400 opens the path to 1.3423/1.3443
Failure to hold 1.3375 confirms a lower low back toward 1.3350
US PPI cluster (~12h out) could reset this range read
Asian session grinding higher lows off 1.3368 back toward the 1.3400 psych/200-dma cap after the CPI-driven spike to 1.3443 faded. Volume thin and RSI(14) mid-60s; price pinned just under the well-flagged 200-dma with no clean break yet.
Support: 1.3375, 1.3368
Resistance: 1.3400, 1.3443
What it said to watch
M15 close above 1.3400 opens path to the 1.3443 spike high
Loss of 1.3375 session low exposes the 1.3368 swing low
US PPI (Wed 12:30 GMT) and BoE Pill could shift this read