GBP/USD AI Live Scan, 15-minute chart, Friday, 13 November 2026
Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:12 UTC
Downtrend after NY rejection, now flat into the weekly close · RSI 44 · price 1.32108
London range low broken; tight post-NY consolidation below both EMAs.
The softer-than-forecast US PPI spike to the 1.3250 PPI high was rejected twice during NY hours. The sell-off broke the London low near 1.3218 and printed a 1.3205 NY low. Price has since compressed into a 1.3208–1.3219 band below the ema20 (1.3213) and ema50 (1.3219), with the late bounce stalling under the 38.2% fib of that sell-off and ATR(14) down to 5.2 pips.
Support: 1.32047, 1.3200
Resistance: 1.32133, 1.32185, 1.32505
What it said to watch
Close back above the 1.3218 london low and ema50 at 1.3219 negates the range-break read and reopens the 1.3250 PPI high
Break below the 1.3205 NY low extends the lower-low sequence toward the 1.3200 round number
Fed's Jefferson tonight and Warsh Mon 17:00 UTC: gap risk at the weekly open could shift this read
Post-NY sell-off, tight late-session box below London low.
After the soft-headline PPI spike, the double top at 1.3250 gave way to a NY sell-off. Price broke the London low at 1.3218 and the 1.3220 support flagged in the digest, then printed a 1.3205 day low on the firm USD backdrop. Late NY has compressed into a 1.3208–1.3219 box under the ema20 at 1.3213 and the falling EMA50. RSI is recovering to 44 from mid-30s and ATR has shrunk to 5.2 pips.
Support: 1.3208, 1.32047, 1.3200
Resistance: 1.32133, 1.3218, 1.32505
What it said to watch
M15 close back above the London low at 1.3218 (EMA50 at 1.3219) negates the breakdown and puts price at the 38.2% retracement
Loss of the 1.3208 range floor exposes the 1.3205 day low and the 1.3200 round number
Fed's Jefferson at 00:00 UTC (~90 min) could break the late-session compression; thin liquidity into the weekend
Descending highs line from the 1.3250 double top caps the late-NY bounce attempts
22:24 UTC
Downtrend, momentum fading into late NY · RSI 42 · price 1.32097
Lower lows after a double top at 1.3250; tight 1.3205–1.3219 consolidation below both EMAs.
Cable spiked on the softer US PPI but was rejected twice at the 1.3250 NY high. The NY selloff that followed broke through 1.3220 to a session low at 1.3205 as USD held its bid. Late NY has compressed into a 1.3205–1.3219 range below the ema20 and ema50, with ATR down to 5.4 pips and the bounce capped under the 38.2% level of the selloff fib.
Support: 1.32047, 1.3200
Resistance: 1.32135, 1.32188, 1.32508
What it said to watch
M15 close below the 1.3205 session low extends the lower-low sequence toward the 1.3200 round number
Close above the 1.3219 range top and ema50 breaks the consolidation and brings the 38.2% selloff fib near 1.3222 into play
Holding under the ema20 at 1.32135 keeps the late-NY bounce contained
Fed's Jefferson speaks at 00:00 UTC in thin post-NY liquidity and could shift this read
21:48 UTC
Downtrend, compressing near lows · RSI 42 · price 1.32097
Lower highs from the 1.3251 PPI double top; tight base above the 1.3205 session low.
The soft US PPI spike to 1.3250 was faded twice in early NY, and the double top gave way to a 45-pip slide to the 1.3205 session low as the USD bid held. Late NY has been a 1.3208–1.3219 consolidation. The late high at 1.3219 was rejected under the ema50, price sits below the ema20 and ATR has compressed to 5.4 pips.
Support: 1.32085, 1.32047
Resistance: 1.32135, 1.32188, 1.32198
What it said to watch
M15 close above the 1.3219 late high and ema50 breaks the lower-high sequence on the downtrend line
Failure to hold the 1.3208 range floor exposes the 1.3205 session low
Fed's Jefferson at 00:00 UTC in ~2h; thin Friday-close liquidity could exaggerate any move
Lower highs from 1.3251; tight 1.3205–1.3217 box below both EMAs.
Cable spiked to the 1.3250 NY high twice after the US PPI release and was rejected both times. The NY sell-off then broke the 1.3220 Asian range low and bottomed at 1.3205 as the USD held its 19-month-high bid. Since then price has compressed between the 1.3205 NY low and the 1.3217 bounce high, below both EMAs, with ATR(14) shrinking to 5.4 pips and RSI(14) flat near 41.
Support: 1.32047, 1.3200
Resistance: 1.3217, 1.32209, 1.32508
What it said to watch
M15 close below the 1.3205 NY low extends the lower-low sequence toward the 1.3200 round number
Reclaiming the 1.3217 bounce high and the ema50 at 1.3221 would put price back inside the Asian range and break the lower-highs line
Fed's Jefferson speaks at 00:00 UTC (~3h) and could shift this read during thin Asia session liquidity
ATR at 5.4 pips shows a compressed box, so a break of either edge may carry a sharper range expansion
The spike on the slightly soft US PPI print topped near 1.3250 and failed. The NY sell-off that followed broke the london low at 1.3218 and the 1.3220 area, printing a ny low at 1.3205, with a ~38% fib retrace of that drop capped at 1.3217. Since then price has compressed in a 1.3208–1.3215 band below ema20 and ema50 into the late-Friday NY session, with ATR(14) shrinking to 5.7 pips from 9.1 and RSI(14) flat around 42.
Support: 1.32047, 1.3200
Resistance: 1.32142, 1.32179, 1.32214
What it said to watch
M15 close above the london low at 1.3218 and the ema50 at 1.3221 breaks the lower-highs line and negates the post-PPI breakdown
M15 close above ema20 at 1.3214 is the first sign the compression is resolving higher
Failure to hold the ny low at 1.3205 exposes the 1.3200 round number
Fed's Jefferson speaks at 00:00 UTC (~3.5h) into thin post-NY liquidity
20:16 UTC
Downtrend, momentum fading into late NY · RSI 41 · price 1.3209
Lower highs and lower lows since post-PPI false break; tight base above session low.
The post-PPI push to the 1.3251 session high failed twice in early NY. The reversal then broke the London lows near 1.3220 and ran to the 1.3205 session low, with USD holding firm despite the soft headline print. Late NY has compressed into a 1.3208–1.3215 band below both EMAs, ATR(14) easing from 8.9 to 5.9 pips and RSI(14) flat near 41.
Support: 1.32047, 1.3200
Resistance: 1.32145, 1.3222, 1.32508
What it said to watch
M15 close above the ema20 at 1.3215 breaks the late-NY consolidation
Reclaiming the broken low at 1.3220, near the 38.2% of the selloff fib and ema50 at 1.3222, negates the lower-high sequence
Loss of the 1.3205 session low and the 1.3200 round number extends the lower-low chain
Fed's Jefferson at 00:00 UTC lands in thin Friday-close liquidity
20:01 UTC
Downtrend, compressing late NY · RSI 41 · price 1.32119
Lower highs from 1.3250, tight base above session low.
The US PPI spike to 1.3250 failed twice into a double top at the PPI high, and the break of the 1.3218 London lows ran to a 1.3205 session low as the USD bid held. Late NY is now compressing in a 1.3208–1.3217 band below both EMAs, with ATR easing from 9.1 to 6.1 pips.
Support: 1.32047, 1.3200
Resistance: 1.3217, 1.32223, 1.32505
What it said to watch
M15 close above the 1.3217 bounce high and the descending line would test the 1.3222 ema50, the 38.2% fib
Loss of the 1.3205 session low exposes the 1.3200 round number and extends the lower-low sequence
Fed's Jefferson at 00:00 UTC, in about 4h, in thin Friday liquidity could shift this read
Lower highs since NY high; consolidating above session low.
The post-PPI spike to the 1.3251 NY high was rejected as the USD bid held. Cable then broke the 1.3218 range floor, the London low, to a 1.3205 session low. The late-NY bounce stalled at 1.3217 on the lower-highs line, with price below both EMAs, RSI at 41 and ATR compressing to 6.3 pips.
Support: 1.32047, 1.3200
Resistance: 1.3217, 1.32228, 1.32508
What it said to watch
M15 close back above the 1.3217 range floor and the ema50 near 1.3223 (also the 38.2% fib) negates the lower-highs read
Loss of the 1.3205 session low exposes the 1.3200 round number
Fed's Jefferson at 00:00 UTC, after the Friday close, carries weekend gap risk
A move back toward the 1.3251 NY high needs the lower-highs trendline to break first
The post-PPI rejection at 1.3251 unwound through NY hours as the USD bid held. Cable broke the London lows near 1.3218 and set a session low at 1.3205. The late bounce stalled at a lower high of 1.3217, just above the ema20, and price is now compressing at 1.3208–1.3213, below both EMAs, with ATR(14) easing to 6.4 pips.
Support: 1.32047, 1.3200
Resistance: 1.32161, 1.3217, 1.32233
What it said to watch
Failure to hold the 1.3205 session low extends the downtrend toward the 1.3200 round number
M15 close above the 1.3217 lower high and the ema20 breaks the lower-high sequence, exposing the 38.2% fib near 1.3222 and the ema50 at 1.3223
Fed's Jefferson at 00:00 UTC could shift USD tone into thin late-Friday liquidity
19:16 UTC
Downtrend, momentum fading into Friday close · RSI 41 · price 1.3211
Lower high at 1.3217 after break of London floor.
The PPI spike to 1.3250 failed twice during NY hours, leaving a double top. The USD bid held despite the soft headline print, and the late-NY sell-off broke the 1.3218 London floor to a 1.3205 session low. The bounce stalled at a lower high at 1.3217 with price below both EMAs, RSI(14) at 40.5 and ATR compressing to 6.7 pips.
Support: 1.32047, 1.3200
Resistance: 1.3217, 1.32238, 1.3250
What it said to watch
M15 close below the 1.3205 session low exposes the 1.3200 round number
Close above the 1.3217 lower high breaks the lower-highs line and brings the ema50 at 1.3224 into play
Recovery through the 50% of the sell-off fib (~1.3228) would weaken the double top read
Fed's Jefferson at 00:00 UTC lands in thin post-NY liquidity
Lower highs from 1.3250 double top; Asian range low broken.
The NY spike on the softer US PPI headline was rejected twice at 1.3250, and that double top gave way to a slide through the 1.3221 Asian range low into a 1.3205 session low as the dollar held near its highs. The late-NY bounce stalled at the ema20 near 1.3217, keeping the lower highs intact, with price below both EMAs, RSI(14) at 40 and ATR(14) compressing to 7 pips.
Support: 1.32047, 1.3200
Resistance: 1.32173, 1.32244, 1.32508
What it said to watch
M15 close above the ema20 at 1.3217 would break the lower-highs sequence
Reclaim of the ema50 at 1.3224, back inside the Asian range, negates the range break
Failure to hold the 1.3205 session low exposes the 1.3200 round number
Fed's Jefferson at 00:00 UTC into thin Friday late-NY liquidity could jolt the range
A double top at 1.3250 either side of the in-line US PPI gave way to a NY sell-off through the day's 1.3218–1.3250 range. Price printed a 1.3205 session low and stalled just under the ema20, with lower highs intact. RSI(14) is at 40 after a 34 trough and ATR has eased to 7.3 pips into the late-Friday NY session.
Support: 1.32047, 1.3200
Resistance: 1.32181, 1.3225, 1.32508
What it said to watch
M15 close back above the ema50 at 1.3225 would put price back inside the prior range
Failure to hold the 1.3205 session low exposes the 1.3200 round number
Close above the lower highs line and the ema20 at 1.3218 would break the intraday sequence
Fed's Jefferson speaks at 00:00 UTC into thin post-NY liquidity
London range broken lower after double NY rejection at 1.3250.
Cable was rejected twice at the 1.3250 NY high after the US PPI release, then broke below the 1.3218–1.3243 London range to a 1.3205 session low as USD held near 19-month highs. The late-NY bounce to 1.3213 sits under the ema20 (1.3219) and ema50 (1.3226), with RSI(14) back to 42 from 34 and ATR(14) at 7.6 pips.
Support: 1.32047, 1.3200
Resistance: 1.32193, 1.3226, 1.32508
What it said to watch
A close back above the ema20 at 1.3219 and the old range floor puts the bounce into the 38.2% fib of the NY sell-off near 1.3222
Failure to hold the 1.3205 session low exposes the 1.3200 round number
Only a recovery above the ema50 at 1.3226 challenges the post-NY high breakdown read
Fed's Jefferson speaks at 00:00 UTC (~6h) into thin post-London close liquidity
Lower highs and lower lows since the post-PPI double top at 1.3250.
NY session rejected the US PPI spike twice at 1.3250, forming a double top. The selloff that followed ran about 45 pips through the Asian range low and London low near 1.3218, with lower highs printing all afternoon as the dollar held its Fed-hike-driven gains. Price sits below the ema20 (1.3220) and ema50 (1.32265). RSI(14) at 35.9 is short of oversold and ATR is easing to 7.5 pips as the drop slows into the 1.3205 session low.
Support: 1.32047, 1.3200
Resistance: 1.3220, 1.32265, 1.32508
What it said to watch
Break of the 1.3205 session low and the 1.3200 round number extends the lower-low sequence
Reclaim of the ema20 at 1.3220 (the broken London low) would stall the selloff; a move above the ema50 at 1.32265 breaks the lower-highs chain
Fed's Jefferson speaks in ~6h; thin late-Friday liquidity can exaggerate moves around the lows
17:45 UTC
Intraday downtrend, lower lows into late NY · RSI 34 · price 1.32064
Break below Asian range and 1.3220 floor after double rejection at 1.3250.
Cable spiked to the 1.3250 NY high on the slightly soft US PPI print, but supply capped the level twice. The NY sell-off then broke the 1.3221 Asian range low and the London low at 1.3218, with lower highs carrying price to a 1.3206 session low after London close. Price sits below the EMA20 (1.3223) and the EMA50 (1.3228). The EMA20 has crossed under the EMA50, RSI(14) at 34 is soft but not oversold, and ATR is easing from 9.1 to 8.3 pips.
Support: 1.32063, 1.3200
Resistance: 1.32179, 1.3223, 1.32508
What it said to watch
M15 close back above the 1.3218 london low reclaims the broken floor and undercuts the range break
Failure to hold the 1.3200 round number extends the lower-low sequence from the 1.3206 session low
Lower-highs trendline from the 1.3250 NY high caps rebounds; a break above it and the ema20 at 1.3223 shifts the read
Fed's Jefferson at 00:00 UTC is the next scheduled risk into thin late-Friday liquidity
Double top at 1.3250 broke its 1.3218 day low; lower highs since the PPI high.
Cable spiked to 1.3250 on the slightly soft US PPI print and was rejected there twice, forming a double top. Late NY selling broke the 1.3218 broken low and set a new session low at 1.3206, with USD still bid on Fed-hike pricing. Price sits below a falling ema20 (1.3223) and ema50, which crossed lower this afternoon. RSI 34.3 is not oversold, and ATR 8.3 pips is easing from its post-PPI peak.
Support: 1.32063, 1.3200
Resistance: 1.32179, 1.3223, 1.32508
What it said to watch
An M15 close back above the 1.3218 broken low would mark the break as a false break
Failure to hold the 1.3200 round number extends the lower-low chain
The lower highs trendline from the 1.3250 ppi high caps any bounce while it holds
Fed's Jefferson speaks at 00:00 UTC; thin late-Friday liquidity could exaggerate moves
17:16 UTC
Downtrend, lower highs since NY open · RSI 37 · price 1.32118
Double top at 1.3250 broke down through the London low.
The PPI spike left a double top near 1.3250 in NY hours. The post-PPI sell-off then broke the London low at 1.3218 and printed a session low at 1.3208, with lower highs and price below both falling EMAs despite the soft headline PPI. RSI(14) is 37, short of oversold, and ATR has expanded to 8.5 pips; the 1.3200 round number is the next level below.
Support: 1.32076, 1.3200
Resistance: 1.32179, 1.32247, 1.32505
What it said to watch
An M15 close back above the 1.3218 London low negates the range break.
Failure to hold the 1.3208 session low exposes the 1.3200 round number.
A recovery of the ema20 at 1.3225 would break the lower-highs sequence.
Fed's Jefferson speaks at 00:00 UTC into thin Friday-close liquidity.
17:01 UTC
Intraday downtrend, lower lows after NY reversal · RSI 37 · price 1.32121
PPI spike to 1.3251 rejected; day's range low 1.3218 broken, lower highs since.
The PPI spike in the first hour of NY ran to a 1.3251 ny high and failed. The reversal broke the day's range low at 1.3218 and printed a session low at 1.3208 after London close, with the USD bid intact. Price sits below ema20 (1.3226) and ema50 (1.3230) along a line of NY lower highs; RSI(14) 36.9 is soft but not oversold, and ATR has expanded to 8.7 pips.
Support: 1.32076, 1.3200
Resistance: 1.32179, 1.32261, 1.32508
What it said to watch
Hold below the 1.3208 session low exposes the 1.3200 round number, the level the market context flags as the next handle
M15 close back above the 1.3218 range low turns the break into a false break
Reclaiming ema20 near 1.3226, close to the 38.2% of the NY sell-off at 1.3224, breaks the NY lower highs line
Fed's Daly speaking now and Jefferson in ~7h could shift the USD leg into the Friday close
Day range 1.3218–1.3250 broken lower, lower highs since 14:45 UTC.
The US PPI spike above the day range failed twice near 1.3250 during NY hours, leaving a double top. The post-PPI sell-off has since broken the 1.3218 prior low to a session low at 1.3215, with USD bid at 19-month highs. Price sits below the ema20 at 1.3228 and the EMA50, ATR has expanded to 8.7 pips and RSI 39.5 is not oversold.
Support: 1.32147, 1.3200
Resistance: 1.32178, 1.32277, 1.32505
What it said to watch
Fed's Daly speaks in ~14 min, late in the NY session, and could materially shift this read
M15 close back above the 1.3218 prior low negates the range break
Acceptance below the session low at 1.3215 puts the 1.3200 round number in play
Recovery through the ema20 at 1.3228 would point to a return inside the day range
A move back above the 1.3250 double top would invalidate the failed-PPI-spike read
16:31 UTC
Intraday range, sliding to the lows · RSI 44 · price 1.3222
1.3216–1.3251 day range; NY lower leg from double top.
The slightly soft US PPI headline spiked cable to 1.3250, but a double top there at 14:45 UTC was rejected. Broad USD strength then drove a fresh day low at 1.3216, just under the London low. Price is back under the ema20 (1.3229) and ema50 (1.3231), with RSI(14) at 44 and ATR expanding to 8.7 pips.
Support: 1.3216, 1.3200
Resistance: 1.32289, 1.32312, 1.3251
What it said to watch
M15 close below the 1.3216 day low exposes the 1.3200 round number
Reclaim of ema20/ema50 at 1.3229–1.3231 puts price back mid-range of the NY sell-off fib
Fed's Daly speaks in ~30 min, in thin Friday-afternoon NY hours, and could extend or reverse the leg
Only a break of the 1.3251 double top voids the range-top rejection read
16:16 UTC
Downtrend, range floor broken · RSI 39 · price 1.32179
Double top at 1.3250 after PPI, lower highs into a break of the day's range floor.
The soft-headline US PPI spike to 1.3250 was rejected twice during NY hours, forming a double top. The sell-off since then cut through the 1.3218–1.3220 range floor that had held since London to a session low of 1.3216, with price below the ema20 (1.3230) and ema50, RSI(14) at 38.8 and ATR expanding to 8.8 pips as the USD holds its highs.
Support: 1.3216, 1.3200
Resistance: 1.3220, 1.32296, 1.3251
What it said to watch
M15 close back above the 1.3220 range floor would turn the break into a false break
Reclaim of the ema20 near 1.3230 would neutralise the lower-highs sequence off the double top
Acceptance below the 1.3216 session low exposes the 1.3200 round number
Fed's Daly at 17:00 UTC (~45 min) could materially shift this read
Failed NY push to 1.3250, sell-off back to the 1.3218 day low.
Cable spiked to the 1.3250 PPI high on the slightly soft US print, but a double top there turned the move above the London high into a false break. The NY sell-off has retraced the whole move to retest the 1.3218 day low, which has held three times since London. Price sits below ema20 (1.3231) with RSI(14) at 41 and ATR expanding to 9 pips as the four-day USD-led slide leans on the 1.3220 floor.
Support: 1.3218, 1.3200
Resistance: 1.3231, 1.3243, 1.3251
What it said to watch
M15 close below the 1.3218 day low breaks the London-NY range and exposes the 1.3200 round number
Recovery above ema20 at 1.3231 would restore the mid-range read; the 1.3243 london high caps above that
1.3250 PPI high is the range top; only a close above it negates the double top
Fed's Daly speaks in about 1h, with Jefferson later; hawkish Fed commentary could add pressure on the day low
15:46 UTC
Range-bound, rolling over in late NY · RSI 42 · price 1.32207
Day range 1.3218–1.3251, NY double top, price back at range floor.
The softer US PPI print lifted cable to a session high at 1.3250–1.3251 twice in the NY session. Both pushes were rejected, and the PPI rally has been almost fully retraced through the 1.3225 neckline. Price sits below both EMAs near 1.3232 and is back at the 1.3218 day low, with RSI(14) at 42.4 and ATR(14) expanding to 9.1 pips.
Support: 1.32179, 1.3200
Resistance: 1.32245, 1.3232, 1.32508
What it said to watch
An M15 close below the 1.3218 day low breaks the London-NY range floor and exposes the 1.3200 round number
A reclaim of the 1.3225 neckline and the ema20 at 1.3232 would negate the double top read
A retest of the 1.3251 session high would put the range back in play
Fed's Bowman in 4 minutes and Daly at 17:00 UTC could materially shift this read
15:30 UTC
Sideways, NY rally rejected · RSI 45 · price 1.32279
24h range 1.3218–1.3251, double top at range high.
Softer US PPI lifted cable from the 1.3218 session low to a 1.3250 double top in the NY session, and the second test was rejected hard back into the 1.3225 NY low, retracing about 70% of the post-PPI swing. Price sits below the flat EMA20/50 at 1.3233, ATR(14) expanding to 8.9 pips and RSI(14) at 44.5, with the day still contained in its 1.3218–1.3251 range.
Support: 1.32245, 1.32179
Resistance: 1.3233, 1.32431, 1.32508
What it said to watch
Fed's Bowman in ~20 min and Daly at 17:00 UTC could materially shift this read
M15 close below the 1.3218 session low breaks the range and the 1.3220 floor flagged in news
Reclaim of ema20/50 at 1.3233 puts the 1.3243 London high back in play
Double top at 1.3250 caps the range unless a close above it prints
15:15 UTC
Intraday range, upper half after PPI · RSI 60 · price 1.32422
Higher low at 1.3225, capped twice at 1.3250 PPI high.
The slightly soft US PPI at 13:30 UTC spiked cable to the 1.3250 PPI high, but the move faded back inside the range. Price then held a higher low at 1.3225 above the 1.3218 session low and retested 1.3251 in NY hours. It now sits at the London high near 1.3243, above the flat ema20/ema50 cluster around 1.3234, with ATR(14) expanding to 8.2 pips and RSI(14) at 59.7.
Support: 1.32338, 1.32245, 1.32179
Resistance: 1.32431, 1.32508
What it said to watch
M15 close above the 1.3251 PPI high breaks the range top
Loss of the 1.3225 higher low exposes the 1.3218 session low and the four-week-low zone
Slip back below ema20 near 1.3234 returns price to mid-range
Fed's Bowman (15:50 UTC) and Daly (17:00 UTC) could shift USD tone within the next few bars
False break below 1.3220 lows, higher low, now retesting day high.
Softer US PPI turned the NY session. After a false break of the 1.3220 lows to 1.3218, cable set a higher low at 1.3225 and is retesting the 1.3250 day high (PPI spike high), back above the London high at 1.3243. RSI(14) is 62.3 and ATR has expanded to 8 pips, with price above the flat, converged ema20/50 near 1.3233.
Support: 1.32431, 1.32329, 1.32245
Resistance: 1.32508
What it said to watch
M15 close above the 1.3251 day high extends the recovery; a second rejection there leaves a twin top at the PPI high
Slip back under the 1.3243 london high puts the ema20/50 zone at 1.3233 in play
Break below the 1.3225 higher low negates the post-PPI recovery structure
Fed's Bowman in ~50 min and Daly in ~2h could materially shift this read
24h range 1.3218–1.3250 with the floor defended three times; NY pressing the range top.
Cable has ranged 1.3218–1.3250 for 24h. London broke below the Asian low, but buyers stepped in at the 1.3218 range floor. The slightly soft US PPI headline spiked price to the 1.3250 ppi high in a false break that reversed to a 1.3225 higher low. Price is now back at the 1.3243 prior high, above the ema20 and ema50, with RSI 59.5 and ATR widening to 7.9 pips.
Support: 1.32324, 1.32245, 1.32179
Resistance: 1.32435, 1.32502
What it said to watch
Close above the 1.3250 ppi high breaks the range top and the false-break read
Rejection at the 1.3243 prior high keeps the range intact, with the ema50 at 1.3232 next below
Loss of the 1.3225 higher low breaks the higher-lows line; failure at the 1.3218 range floor confirms a break of the 1.3220 floor
Fed's Bowman (15:50 UTC, ~1h) and Daly (17:00 UTC) could shift the USD leg
14:31 UTC
Intraday range, heavy below both EMAs · RSI 47 · price 1.32292
1.3218–1.3243 London range; post-PPI spike to 1.3250 fully rejected.
The soft US PPI headline spiked cable through the 1.3243 London high to a 1.3250 ppi high, but the false break was rejected within two bars and price is back at 1.3229, below the ema20 (1.3230) and ema50 (1.3232). The London range holds 1.3218–1.3243, with the session low sitting at the digest's 1.3220 floor. ATR(14) has lifted to 7.4 pips from about 6 after the data, and RSI(14) is neutral at 46.7.
Support: 1.32245, 1.32179
Resistance: 1.32304, 1.32431, 1.32502
What it said to watch
M15 close below the 1.3218 session low breaks the 1.3220 floor and the London range
Failure to hold the 1.3225 swing low puts the session low back in play
Reclaim of ema20/ema50 at 1.3230–1.3232 reopens the 1.3243 london high and 1.3250 ppi high
Fed's Bowman (15:50 UTC) and Daly (17:00 UTC) could materially shift this read
14:16 UTC
Sideways, capped below EMAs · RSI 48 · price 1.3229
24h range 1.3218–1.3243, PPI spike rejected.
The soft headline US PPI print spiked cable to the 1.3250 ppi spike high early in NY. That move was rejected straight back inside the London range: a false break above the 1.3243 london high, with price now back below a flat ema20 at 1.3231. The range low at 1.3218 held three times today, which also marks the 1.3220 floor flagged in the macro digest; RSI(14) is neutral at 47.9 and ATR has expanded to 7.3 pips after the release.
Support: 1.3218
Resistance: 1.32307, 1.3243, 1.3250
What it said to watch
M15 close below 1.3218 range low breaks the 1.3220 floor and ends the range read
Reclaiming ema20 and then a close above 1.3243 london high reopens the 1.3250 ppi spike high
Price back through the 0.618 of the ppi spike fib keeps the post-release move fully faded
Fed's Bowman (15:50 UTC) and Daly (17:00 UTC) could jolt the USD side within the next few hours
14:00 UTC
Sideways, flat EMAs · RSI 51 · price 1.32316
24h range 1.3218–1.3243; PPI spike above range top rejected.
Cable has held a 1.3218–1.3243 range for 24 hours. The soft headline US PPI print spiked price to the 1.3250 PPI high in the first hour of NY, but the move was fully rejected back inside the range. Price now sits between the ema20 and ema50 near the 61.8% of the PPI spike fib, with RSI 50.8 neutral and ATR at 7.5 pips. The range low at 1.3218 lines up with the four-week low area, where demand has stepped in four times since yesterday's NY session.
Support: 1.32309, 1.32179
Resistance: 1.32323, 1.32431, 1.32502
What it said to watch
M15 close below the 1.3218 range low breaks the four-week floor and ends the range read
Acceptance above the 1.3243 range top would negate the failed PPI high at 1.3250
Fed's Bowman (15:50 UTC) and Daly (17:00 UTC) could materially shift this read
13:46 UTC
Sideways, testing range top after PPI spike · RSI 62 · price 1.32406
1.3218–1.3243 intraday range; PPI bar wicked above the top and closed back at it.
Cable held a 1.3218–1.3243 range through Asia, London and into the NY open, with the session low near 1.3218 absorbing repeated tests. The softer US PPI headline spiked price to 1.3250, but the bar closed back at 1.3241, just under the range top, with a rejection wick. RSI(14) sits at 61.9 and ATR(14) expanded to 7.3 pips from about 6.
Support: 1.32308, 1.32179
Resistance: 1.32431, 1.32502
What it said to watch
M15 close above the range top at 1.3243 and acceptance over the ppi high at 1.3250 would turn the range read into a range break
Slip back below the ema20 at 1.3231 returns price to mid-range, with the session low at 1.3218 the floor of the structure
Fed's Bowman (15:50 UTC) and Daly (17:00 UTC) could materially shift this read
24h range 1.3218–1.3243; London lows probed twice, PPI spike rejected at range top.
Cable has held a 1.3218–1.3243 range through Asia and London, with the session low at 1.3218 probed twice but no M15 close below 1.3220. The slightly soft US PPI print lifted the NY-open bar to the range top at 1.3243, about 70% of the London drop fib, before a rejection back toward 1.3236. Into the release price had closed above the ema20 (1.3230) and below the ema50 (1.3232), with RSI(14) neutral at 51.
Support: 1.3232, 1.3230, 1.3218
Resistance: 1.3243, 1.3274
What it said to watch
M15 close above 1.3243 range top breaks the range read and opens the 1.3274 prior high
Failure to hold the 1.3218 session low confirms a break of the 1.3220 floor
Close back below the ema20/ema50 cluster at 1.3230–1.3232 shows the post-PPI rally faded
Fed's Bowman (15:50 UTC) and Daly (17:00 UTC) could shift this read
13:16 UTC
Downtrend, compressing near lows · RSI 48 · price 1.32286
Lower highs from London open, floor at 1.3218–1.3220 holding.
Cable has printed lower highs since the 1.3243 London high. Two wicks through 1.3220 to the 1.3218 session low were rejected back into range as the USD holds 19-month highs. Price sits below both EMAs with RSI(14) at 48.4 and ATR at 6.3 pips, compressing into US PPI.
Support: 1.32179, 1.3200
Resistance: 1.3232, 1.32349, 1.32431
What it said to watch
US PPI at 13:30 UTC (14 min) could materially shift this read; 6.3-pip ATR understates the event range
M15 close below the 1.3218 session low confirms a lower-low and exposes the 1.3200 round number
Close above the 1.3235 lower high and the ema50 at 1.3232 breaks the lower-highs sequence; 1.3243 london high next
Fed's Bowman at 15:50 UTC during NY hours is a second USD catalyst
13:01 UTC
Heavy, lower highs within range · RSI 43 · price 1.32248
1.3218–1.3243 range since Thursday NY, highs stepping lower into the floor.
No narrative produced.
Support: 1.3220, 1.32179
Resistance: 1.32297, 1.32349, 1.32431
12:46 UTC
Heavy, lower highs through London · RSI 43 · price 1.32233
Range floor test with lower highs since London open.
Cable is still inside the 1.3220–1.3244 range set during yesterday's NY session, but London has printed lower highs. The London drop to a 1.3219 session low retraced to a 1.3235 lower high before rejection, and price now sits back near the 1.3220 floor, below the declining ema20 (1.3230) and ema50 (1.3232), with RSI at 42.9 as USD strength holds into US PPI.
Support: 1.3222, 1.32193
Resistance: 1.32301, 1.32324, 1.3235
What it said to watch
US PPI at 13:30 UTC (in 44 min) could materially shift this read; ATR(14) of 6.1 pips likely understates the release range
M15 close below the 1.3219 session low breaks the floor and ends the range read
M15 close back above the 1.3235 lower high and the falling trendline negates the London lower-high sequence
Reclaim of ema20 and ema50 (1.3230–1.3232) would neutralise the intraday pressure
12:31 UTC
Sideways-to-heavy, below both EMAs · RSI 45 · price 1.32268
Range 1.3219–1.3243, lower highs since London open.
Cable has been boxed between the 1.3219 range low and the 1.3243 London high since Thursday's NY sell-off, against a firm USD. London's dip to 1.3219 was a brief false break that was bought back. Rallies have since printed lower highs, capped at the 1.3235 swing high, and the 12:15 low at 1.3222 held. Price sits below the ema20 at 1.3231, with RSI(14) at 45 and ATR at 6 pips ahead of US PPI.
Support: 1.3222, 1.3219
Resistance: 1.32306, 1.3235, 1.3243
What it said to watch
US PPI at 13:30 UTC (~1h) could materially shift this read; a hot core print fits the USD-led slide
An M15 close below the 1.3219 range low ends the false-break read and takes price out of the 24h range
A loss of the 12:15 low at 1.3222 puts the range low straight back in play
A recovery above the ema20 and the 1.3235 swing high breaks the lower-highs line; the 1.3243 london high remains the range top
12:16 UTC
Heavy, lower highs since London open · RSI 44 · price 1.32267
Tight range 1.3219–1.3243, lower-high sequence.
London set a 1.3243 high, then swept the overnight low near 1.3221 to a 1.3219 session low. The bounce hit rejection at the 1.3235 bounce high, near the 61.8% fib, and printed another lower high. Price is back below the ema20 (1.3231) and ema50 (1.3233) with RSI(14) at 44 and ATR around 6 pips, as a firm USD keeps cable pinned near 1.3220 ahead of US PPI.
Support: 1.32193, 1.3200
Resistance: 1.32309, 1.32349, 1.32431
What it said to watch
US PPI at 13:30 UTC (74 min) could materially shift this read; 6-pip ATR leaves the range exposed to a data spike
Close below the 1.3219 session low extends the lower-low sequence toward the 1.3200 round number
Reclaim of the ema20 and the 1.3235 bounce high breaks the lower-high trendline
Close above the 1.3243 london high invalidates the intraday down-sequence
12:01 UTC
Flat after a four-day slide, ranging · RSI 51 · price 1.32325
1.3219–1.3243 range; London swept the overnight low and reclaimed it.
With the hawkish-Fed USD bid intact, London swept the overnight 1.3221 low to a london low at 1.3219, then snapped back into the range. Price sits between the ema20 (1.3231) and ema50 (1.3233), inside the 50–61.8% retrace of the London leg down from 1.3243. RSI(14) has recovered to 51 from 41, ATR is 5.9 pips, and the range holds into US PPI.
Support: 1.32314, 1.32193, 1.3200
Resistance: 1.32332, 1.32431, 1.32741
What it said to watch
US PPI at 13:30 UTC (~90 min) could materially shift this read
M15 close below the london low at 1.3219 confirms a lower low and exposes the 1.3200 round number
M15 close above the ema50 and the London leg 61.8% near 1.3234 opens the london high at 1.3243
Acceptance above 1.3243 breaks the range and brings the prior high at 1.3274 into view
11:46 UTC
Sideways after yesterday's NY sell-off, flat EMAs · RSI 51 · price 1.32328
Range 1.3219–1.3243; London rejected the top, false break below the base.
Cable has held a 1.3219–1.3243 range since yesterday's NY slide. London rejected the range top at 1.3243 twice. The move then dipped to a london low at 1.3219, briefly undercutting the Asian and prior NY lows before snapping back, roughly a 57% retrace of that london leg. Price is pinned between the ema20 at 1.3231 and the ema50 at 1.3233, with RSI(14) neutral at 51 and ATR at 6.1 pips, as the dollar consolidates near 19-month highs ahead of US PPI.
Support: 1.32313, 1.32193
Resistance: 1.32332, 1.32431
What it said to watch
US PPI at 13:30 UTC (core YoY f/c 5%) in under 2h could break the 1.3219–1.3243 range
M15 close below the london low at 1.3219 turns the false break into a range break toward the 1.3200 handle
M15 close above the range top at 1.3243 invalidates the range read; the ema50 at 1.3233 is the first cap
Loss of the ema20 at 1.3231 would undo the recovery off the london low
London faded from the 1.3243 london high and briefly broke the 1.3220 area to a 1.3219 session low. It then snapped back to 1.3233, above both EMAs and at the 61.8% fib of the London drop, as the hawkish-Fed dollar bid paused ahead of US PPI. RSI(14) has recovered to 53.9 from 40.7, and ATR runs at 6.2 pips.
Support: 1.32311, 1.32193
Resistance: 1.3234, 1.32431
What it said to watch
Acceptance above the 61.8% fib at 1.3234 puts the 1.3243 london high back in play; an M15 close above it breaks the range
Loss of the ema20 at 1.3231 returns focus to the 1.3219 session low; a close below it negates the false break
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read, with Bowman at 15:50 UTC after
11:16 UTC
Heavy, below both EMAs inside a range · RSI 45 · price 1.32277
1.3219–1.3243 range; London lower highs, sweep of lows.
London capped twice at the 1.3243 london high, then printed lower highs and swept yesterday's NY low to a 1.3219 session low before a bounce to 1.3227. Price holds below the ema20 (1.3231) and ema50 (1.3233), and the 50–61.8% retracement of the London selloff sits right at those EMAs. RSI(14) is neutral at 44.8 and ATR is 6.1 pips as hawkish-Fed USD strength holds cable near the range floor into US PPI.
Support: 1.32193, 1.3200
Resistance: 1.32308, 1.32332, 1.32431
What it said to watch
US PPI at 13:30 UTC (~2h) could materially shift this read; ATR likely expands
M15 close below the 1.3219 session low turns the sweep into a breakdown toward the 1.3200 round number
Reclaim of the ema20/ema50 band at 1.3231–1.3233 (50–61.8% of the London selloff) returns price to mid-range
M15 close above the 1.3243 london high invalidates the lower-high sequence
11:01 UTC
Sideways-to-heavy, sitting at the range floor · RSI 41 · price 1.32248
1.3219–1.3243 range since yesterday's NY low; London lower highs into a marginal new low.
Cable has held a 1.3219–1.3243 box since yesterday's NY low. In the London session it was rejected at the 1.3243 london high, then slid to a 1.3219 session low that briefly undercut the earlier 1.3221 lows before closing back above. Price is below the ema20 (1.3231) and the ema50, with RSI(14) at 41 and ATR at 6 pips, as the dollar bid holds into US PPI.
Support: 1.32193, 1.3200
Resistance: 1.32311, 1.32431
What it said to watch
M15 close below the 1.3219 session low turns the sweep into a range break and exposes the 1.3200 psych handle
Reclaim of the ema20 at 1.3231, which matches the 50% of the London drop fib, shifts price back into the middle of the range
Break above the 1.3243 london high invalidates the range read
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
1.3221–1.3243 range; lower highs off London session high, floor under retest.
Cable has been boxed between the 1.3221 swing low and 1.3243 since the NY slide yesterday. London printed lower highs off the 1.3243 session high and is back retesting the 1.3221 floor, below a rolling-over ema20 (1.3232) and ema50 (1.3234), with RSI(14) at 40.7 and ATR(14) at 6 pips. A firm dollar near 19-month highs ahead of US PPI keeps the floor under pressure.
Support: 1.3221, 1.3200
Resistance: 1.32318, 1.32338, 1.3243
What it said to watch
M15 close below the 1.3221 swing low breaks the range floor and exposes the 1.3200 round number
Reclaiming ema20 1.3232 and ema50 1.3234 would neutralise the lower-high sequence from the 1.3243 session high
US PPI at 13:30 UTC (~2.7h) could materially shift this read; Bowman follows at 15:50 UTC
10:31 UTC
Intraday down, lower highs since London open · RSI 42 · price 1.32256
Range 1.3221–1.3243, price near range floor.
London briefly cleared the Asian high, but the push was rejected at the 1.3243 london high. Cable has printed lower highs since and is now below the ema20 (1.32325) and ema50 (1.32341), sitting at the 78.6% fib of the Asia-to-London leg. The 1.3221 asia low has held twice, on yesterday's NY dip and again early today, as the dollar stays bid near 19-month highs ahead of US PPI.
Support: 1.3221, 1.3200
Resistance: 1.32325, 1.32341, 1.32431
What it said to watch
M15 close below the 1.3221 asia low breaks the range floor and opens the 1.3200 round number
A recovery back above the ema20/ema50 at 1.3233–1.3234 negates the London lower-high sequence
A retest of the 1.3243 london high would test the range top again
US PPI at 13:30 UTC (~3h) could materially shift this read; ATR(14) has expanded from 4.3 to 6.1 pips
Range 1.3221–1.3243 since yesterday's NY session; London lower lows under flat highs.
Cable has held a 1.3221–1.3243 range since yesterday's NY slide. The late-Asian dip swept the range low at 1.3221 and reversed, and London has since capped twice at the 1.3243 range high. Price is back at the 50% retracement of that bounce, just under the EMA20/ema50 cluster at 1.3233–1.3235, with RSI(14) at 48 and ATR(14) up to 6.1 pips from 4.3 as the dollar stays firm ahead of US PPI.
Support: 1.32283, 1.32207, 1.3200
Resistance: 1.32345, 1.3243
What it said to watch
M15 close below the 1.3221 range low breaks the range and puts the 1.3200 psych level in focus
Failure to hold the 1.3228 london low extends the London sequence of lower lows inside the range
M15 close back above the ema50 at 1.3235 and then the 1.3243 range high invalidates the range read
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
10:01 UTC
Flat after Thursday's NY slide, mid-London range · RSI 49 · price 1.32324
Range 1.3221–1.3244 since Thursday NY low; rising intraday lows.
Cable has stalled inside a 1.3221–1.3244 range since Thursday's NY slide on hawkish-Fed USD demand. A pre-London dip to 1.32207 briefly undercut Thursday's low before reversing, forming a double low at 1.3221. London twice capped at the 1.3243 range top and has since eased back to the 1.3229 London low, slightly below the ema20 and ema50 with RSI neutral at 49 and ATR widening to 6 pips.
Support: 1.3229, 1.3221
Resistance: 1.32346, 1.3243
What it said to watch
M15 close below the 1.3221 double low confirms a lower-low and voids the false break
Close above the 1.3243 range top breaks the London range
Reclaim of the ema50 at 1.3235 keeps the rising lows intact
US PPI at 13:30 UTC (in ~3.5h) could break either side of the range
09:46 UTC
Sideways after NY sell-off, below both EMAs · RSI 48 · price 1.32309
Range 1.3221–1.3244 holding since yesterday's NY low; London capped at range top.
Cable has ranged 1.3221–1.3244 since the NY sell-off from 1.3274 on a firm USD and hawkish Fedspeak. The 38.2% retrace of that sell-off sits at the range top. Asia briefly undercut the range low to 1.3221 and found demand, but London was rejected three times at the 1.3242–1.3243 range top and now trades at 1.3231. That is below the ema50 at 1.3235, with RSI(14) neutral at 48 and ATR(14) expanding to 6.2 pips.
Support: 1.3229, 1.3221, 1.3200
Resistance: 1.32347, 1.3243
What it said to watch
A break below the 1.3229 london low exposes the 1.3221 range low; an M15 close under it opens the 1.3200 psych handle
M15 close above the 1.3243 range top and the NY selloff fib 38.2% breaks the range read
Reclaim of the ema50 at 1.3235 would put price back into mid-range
US PPI at 13:30 UTC (~3.7h) could materially shift this read; Bowman and Daly speak later in NY hours
09:31 UTC
Sideways after the NY sell-off, lows holding · RSI 53 · price 1.32354
1.3221–1.3244 range for ~17h, London printing higher lows.
Cable has ranged 1.3221–1.3244 since yesterday's dollar-led NY sell-off. The late-Asia dip to 1.3221 matched the prior range low for an unconfirmed double bottom. London has held a higher low at 1.3230, the 61.8% of the morning leg, while the range top capped twice; price sits marginally above both EMAs, RSI is neutral at 53 and ATR has expanded to 6.2 pips.
Support: 1.3230, 1.3221, 1.3200
Resistance: 1.3243, 1.3274
What it said to watch
US PPI at 13:30 UTC (in ~4h) could materially shift this read; Fed's Bowman and Daly follow later in NY
M15 close above the 1.3243 range top confirms the double bottom and opens the 1.3274 drop origin
Failure to hold the 1.3230 higher low breaks the London rising-low sequence and puts the 1.3221 range low back in play
Close below 1.3221 resumes the downtrend toward the 1.3200 round number
09:16 UTC
Range after the NY sell-off, early London pushing range top · RSI 58 · price 1.32414
Higher lows off 1.3221 double bottom; 1.3243-1.3244 capping three times.
After yesterday's USD-led NY slide to the 4-week low at 1.3221, GBPUSD has held a 1.3221–1.3244 range. An Asia-session retest of that low formed a double bottom, and London has printed higher lows at 1.3229–1.3230, the current swing low. Price is pressing the 1.3243–1.3244 neckline again with ema20 (1.3233) and ema50 (1.3235) below, RSI(14) at 57.6 and ATR(14) expanding from 4.3 to 6.2 pips.
Support: 1.32334, 1.32295, 1.32207
Resistance: 1.3244, 1.3250
What it said to watch
M15 close above the 1.3244 neckline completes the double bottom and puts the 1.3250 round number in play
Failure to hold the 1.3229 swing low breaks the London higher-low chain and reopens the 4-week low at 1.3221
Sustained trade back below ema20 at 1.3233 returns price to the middle of the range
US PPI at 13:30 UTC (~4h) could materially shift this read; a hot core print is the main threat to the 1.3221 floor
09:01 UTC
Sideways after Thursday's NY sell-off · RSI 53 · price 1.3237
Range 1.3221–1.3243, higher low inside London.
GBPUSD has held a 1.3221–1.3243 range since Thursday's USD-led NY slide. London opened with a dip to the range low at 1.3221, matching Thursday's low for a double bottom, then rallied to the range top before a rejection. The pullback low at 1.3230 held near the 61.8% of the London leg, and price sits just above flat ema20/ema50 with RSI 52.5 and ATR expanding to 6 pips.
Support: 1.3230, 1.3221, 1.3200
Resistance: 1.3243, 1.3274
What it said to watch
M15 close above the 1.3243 range top completes the double bottom and puts the 1.3274 ny high in play
Loss of the 1.3230 pullback low breaks the London higher low, returning price to the 1.3221 range low
Close below the 1.3221 range low exposes the 1.3200 psych level
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read; Bowman follows at 15:50 UTC
08:46 UTC
Sideways after Thursday's NY selloff, momentum neutral · RSI 50 · price 1.32317
Range 1.3221–1.3243; range low swept pre-London, range high capped again in early London.
GBP has held a 1.3221–1.3243 range since Thursday's USD-led NY selloff to the 4-week low. Pre-London, price swept the range low at 1.3221 and rebounded, but early London was rejected at the range high (1.3243). Price is back mid-range at the ema20 and below the ema50, with RSI at 50 and ATR expanding from 4.3 to 5.9 pips.
Support: 1.32325, 1.3221, 1.3200
Resistance: 1.32345, 1.3243
What it said to watch
US PPI at 13:30 UTC could materially shift this read; the digest flags a hot core print as the cleaner path lower
M15 close below the 1.3221 range low breaks the range and exposes the 1.3200 psych level
M15 close above the 1.3243 range high invalidates the range read
Holding below the ema50 at 1.32345 keeps the mid-range capped; ema20 at 1.32325 is the first test underneath
London probing Asian range high after a sweep of the prior NY low.
Late Asia briefly swept yesterday's NY low at 1.3221 to form a double low, and London has since pushed back above the ema50 (1.32346) and ema20 (1.32325), with an intraday rising trendline from that low. The first hour of London tagged a 1.3243 session high just above the Asian range top before stalling, with USD still firm into US PPI, RSI 58 and ATR expanding to 5.7 pips.
Support: 1.32346, 1.32277, 1.32207
Resistance: 1.32431, 1.3250
What it said to watch
M15 close above the 1.3243 session high opens the 1.3250 round number
Loss of the 1.3228 swing low and the rising trendline puts the 1.3221 double low back in play
Break below the 1.3221 double low marks a fresh lower-low and ends the range read
US PPI at 13:30 UTC (~5h) could materially shift this read
08:16 UTC
Range after four-day slide, early London bid · RSI 57 · price 1.32396
Asian range 1.3221–1.3242 with a double low; price pressing the top.
Asia printed a double low at 1.3221, matching yesterday's NY session low, and the early London bid has lifted price back above the ema50 (1.32344) and ema20 to press the Asian high at 1.3242. RSI(14) sits at a neutral 57.3 and ATR(14) has expanded to 5.6 pips from 4.3. USD stays firm near its YTD high ahead of US PPI, which has capped rallies all week.
Support: 1.32344, 1.3229, 1.3221
Resistance: 1.3242, 1.3244
What it said to watch
M15 close above the asian high at 1.3242 and the prior high at 1.3244 breaks the range top
A drop back under the ema50 and the london low at 1.3229 returns price to the range middle
Failure to hold the double low at 1.3221 would extend the lower-low sequence toward 1.3200
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read; rising lows trendline sits under London price
08:01 UTC
Downtrend paused, ranging below both EMAs · RSI 46 · price 1.32287
1.3221–1.3244 range since the NY sell-off; London open spike rejected at range top.
After the USD-driven NY sell-off from the 1.3274 NY high, price has held a 1.3221–1.3244 range, with the range low tested three times. Early London saw a dip to 1.3221 and a spike that was rejected at the 1.3242 range top. Price is back near 1.3229, below the ema20 at 1.3231 and the ema50 at 1.3234, with RSI(14) at 46 and ATR at 5.2 pips.
Support: 1.3221, 1.3200
Resistance: 1.32312, 1.3242, 1.32741
What it said to watch
M15 close below the 1.3221 range low marks a range break and brings the 1.3200 psych figure into view
Reclaim of the ema20 and a close above the 1.3242 range top invalidates the range-low pressure read
US PPI at 13:30 UTC (about 5.5h out) could materially shift this read; a hot core print matches the USD-led downtrend
A move back toward the 1.3274 NY high would retrace most of the NY sell-off
Both Asian range extremes swept, price back inside 1.3221–1.3242.
Early London: the pre-open dip to a sweep low at 1.3221 was reversed, and the London open spike through the Asian high stalled at 1.3242, the london high. That level sits on the 38.2% fib of yesterday's 1.3274–1.3221 drop. Price now rotates on the ema50 near 1.3235 with the ema20 at 1.3231 below, RSI(14) neutral at 54.5 and ATR(14) at 5.2 pips, as a firm USD holds cable near four-week lows ahead of US PPI.
Support: 1.32314, 1.32207, 1.3200
Resistance: 1.3242, 1.32512
What it said to watch
M15 close below the 1.3221 sweep low confirms a lower low and puts the 1.3200 psych figure in play
M15 close above the 1.3242 london high and fib 38.2% opens a test of the 1.3251 breakdown level from yesterday's NY session
Loss of the ema20 at 1.3231 shifts rotation back toward the range floor
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
07:31 UTC
Flat after a sell-off, ranging near four-week lows · RSI 52 · price 1.32331
Range 1.3221–1.3244 since the NY sell-off; London open spike rejected.
Cable has held a 1.3221–1.3244 range since yesterday's NY sell-off to four-week lows on the firm USD. A pre-London dip briefly swept the range low, then the London open spike to 1.3242 was rejected at the range top, close to the 38.2% retrace of the sell-off fib. Price now sits between the ema20 (1.3231) and ema50 (1.32345), with RSI(14) neutral at 51.8 and ATR(14) edging up to 5.3 pips.
Support: 1.3231, 1.3221, 1.3200
Resistance: 1.32345, 1.3243
What it said to watch
Close above the 1.3243 range top, clearing the 38.2% sell-off fib retrace, would break the range read
Failure to hold the 1.3221 range low exposes the 1.3200 psych figure
Holding the ema20 at 1.3231 versus the ema50 cap at 1.32345 sets the near-term range bias
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
1.3221–1.3244 range since Thursday NY, sweep of range low then rejected pop at London open.
Late Asia swept the 1.3221 range low, then the London open spiked to a 1.3242 London high above the Asian high before rejection pulled price back toward the ema50 (1.3235), with the ema20 at 1.3231 just below. The pair has held the 1.3221–1.3244 range since Thursday's USD-driven slide on hawkish Fedspeak. ATR(14) is up to 5.4 pips from 4.3 and RSI at 56 is neutral.
Support: 1.32309, 1.32207
Resistance: 1.32419, 1.3244
What it said to watch
An M15 close below the 1.3221 range low confirms a lower low and exposes the 1.3200 figure
Acceptance above the 1.3244 range top, beyond the rejected london high, breaks the range read
Loss of the ema20 at 1.3231 puts the London open spike down as a failed range break
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
07:01 UTC
Intraday downtrend, early London bounce · RSI 55 · price 1.32411
Sweep of swing low, now testing Asian high.
London open reversed a marginal sweep of Thursday's 1.3221 swing low, lifting price back above the ema20 and ema50 and into the Asian high at 1.3241, with RSI(14) back to 55 from sub-40 and ATR ticking up to 5.3 pips. The bounce sits inside the USD-led four-day slide and has only begun to retrace Thursday's drop off 1.3279.
Support: 1.32345, 1.32304, 1.32207
Resistance: 1.32406, 1.3244, 1.3250
What it said to watch
M15 close above the Asian high at 1.3241 and the 1.3244 NY bounce high opens the 1.3250 round number
Slip back below the ema50 at 1.3235 and ema20 at 1.3230 puts the 1.3221 swing low back in play
Failure to hold 1.3221 confirms a lower low and the move from the sweep as a false start
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
06:46 UTC
Downtrend, lower highs through Asia · RSI 45 · price 1.32263
Lower highs beneath falling EMAs; prior NY low swept pre-London.
GBP/USD broke lower in yesterday's NY session after Hammack's hawkish remarks, posting a 1.3221 low before a bounce to the 1.3244 NY high. Asia then printed lower highs from the 1.3241 Asian high under a falling ema20, and the last pre-London bar swept the prior swing low by a fraction before closing back at 1.3228. RSI(14) is 45 and ATR has ticked up to 4.9 pips.
Support: 1.32207, 1.3200
Resistance: 1.32299, 1.32406, 1.3244
What it said to watch
M15 close below the 1.3221 swing low confirms a lower-low and puts the 1.3200 figure in play
Reclaim of the ema20 at 1.3230 and a break of the 1.3241 Asian high would end the lower-highs sequence
London open is the first test of whether the sweep below 1.3221 holds or extends
US PPI at 13:30 UTC could materially shift this read; the 1.3244 NY high caps any relief bounce
Lower highs inside the Asian range, pressing the swing low.
Cable has printed lower highs off the 1.3241 Asian high and now sits on the 1.3221 swing low from Thursday's NY selloff, with Fed hawkishness keeping USD firm. Price is below a falling ema20 (1.3230) and ema50 (1.3235). RSI(14) at 39 and ATR at 4.4 pips show a compressed drift ahead of London open.
Support: 1.32209, 1.3200
Resistance: 1.32301, 1.32348, 1.32406
What it said to watch
M15 close below the 1.3221 swing low confirms a lower low and exposes the 1.3200 psych level
Close above the 1.3241 Asian high breaks the lower-highs sequence and tests the 38.2% fib of the NY selloff near 1.3243
Reclaim of ema20 at 1.3230 would be the first sign the drift is stalling
US PPI at 13:30 UTC (~7h) could materially shift this read
Lower highs through Asia, pressing Thursday's NY low.
After topping at the 1.3241 Asian high, cable printed a run of lower highs and now sits on the 1.3221–1.3223 prior low from Thursday's NY selloff, below both the ema20 (1.3231) and ema50 (1.3235). ATR at 4.4 pips shows compressed ranges into London open, with the USD firm on Fed hawkishness and GBP ignoring UK data beats.
Support: 1.32209, 1.3200
Resistance: 1.32306, 1.32352, 1.32406
What it said to watch
M15 close below the 1.3221 prior low opens the 1.3200 psych handle
Close above the lower-highs trendline and ema50 at 1.3235 breaks the Asia sequence; Asian high 1.3241 next
Rejection at the ema20 near 1.3231 keeps the lower-highs chain intact
US PPI at 13:30 UTC (~7h) could materially shift this read
Lower highs through Asia, pressing Asian low ahead of London open.
Cable is pressing the Asian low at 1.3223 an hour before London open, two pips above yesterday's NY low at 1.3221. Asia printed a chain of lower highs off 1.3241 after Thursday's NY sell-off on hawkish Fed talk, and UK data beats did nothing for sterling. Price sits below a falling ema20 (1.3231) and ema50 (1.3236), with RSI(14) at 43 and ATR at 4.3 pips, both quiet.
Support: 1.32229, 1.32209, 1.3200
Resistance: 1.32312, 1.32356, 1.32406
What it said to watch
M15 close below the 1.3221 NY low confirms a lower low and exposes the 1.3200 psych handle
Recovery above the ema50 at 1.3236 and the 1.3241 Asian high breaks the lower-highs sequence
London open in ~1h is the first test of the Asian range
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
Asia has stepped lower from the 1.3241 Asian high, with the ema20 at 1.3232 capping price and RSI(14) at 37.6. Price is back near the 1.3221 NY low ahead of London open, as USD firmness after Williams' hawkish remarks holds the pound near its lowest level since mid-October. ATR at 4.3 pips shows ranges compressed into the session handover.
Support: 1.32209, 1.3200
Resistance: 1.32315, 1.32406
What it said to watch
M15 close below the 1.3221 NY low extends the lower-low sequence toward the 1.3200 round number
Close above the 1.3241 Asian high breaks the Asia lower highs and voids the downtrend read
US PPI at 13:30 UTC (~7.7h) could materially shift this read
Lower highs through Asia, pressing the Asian range low.
Late Asia session, GBPUSD is pressing the Asian range low near 1.3227. It has printed lower highs from the 1.3241 asia high and sits below a rolling-over ema20 at 1.3232 and a falling ema50 at 1.3236, with RSI(14) at 41 and ATR at 4.3 pips. Yesterday's London-NY drop from 1.3279 erased the post-GDP gains as the USD stayed firm on hawkish Fed talk, and that drop's ny low at 1.3221 is the next reference below.
Support: 1.32209, 1.3200
Resistance: 1.32322, 1.32363, 1.32406
What it said to watch
A close below the 1.3221 ny low extends the lower-low sequence and opens the 1.3200 round number
Recovery above the ema50 at 1.3236 and the 1.3241 asia high breaks the Asia lower-high chain
London open could expand the compressed 4.3-pip ATR range
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
05:16 UTC
Downtrend, compressing in Asia · RSI 42 · price 1.3228
Lower highs after the NY sell-off, tight Asian range near the lows.
The NY sell-off after Hammack's inflation warning took GBPUSD from 1.3274 to a 1.3221 day low. Late Asia has held a 1.3227–1.3241 range, with price pinned near the Asian low and below a flattening ema20 and ema50. RSI sits at 41.7 and ATR is compressed at 4.4 pips ahead of London open.
Support: 1.32268, 1.32209, 1.3200
Resistance: 1.32327, 1.32367, 1.32406
What it said to watch
M15 close below the 1.3227 Asian low exposes the 1.3221 day low, then the 1.3200 round number
Reclaim of ema20/ema50 and a close above the 1.3241 Asian high, the 38.2% of the NY sell-off, breaks the lower-high sequence
US PPI at 13:30 UTC could materially shift this read
05:01 UTC
Post-selloff consolidation below both EMAs · RSI 48 · price 1.32325
Tight Asian range 1.3227–1.3241 after the NY leg lower.
GBPUSD is holding a 14-pip Asian range (1.3227–1.3241) after the NY selloff from 1.3279 to the 1.3221 day low, a move that came on post-CPI USD strength. Price sits just under both EMAs with the ema50 at 1.3237 capping, RSI(14) flat at 48. ATR(14) has compressed to 4.3 pips ahead of London open.
Support: 1.32268, 1.32209
Resistance: 1.3237, 1.32406, 1.3244
What it said to watch
An M15 close below the 1.3227 Asian low exposes yesterday's 1.3221 day low
A close above the ema50 at 1.3237 and the 1.3241 Asian high opens a retest of the 1.3244 NY bounce high, near the 38.2% fib of the NY selloff
US PPI at 13:30 UTC and Fed's Bowman at 15:50 UTC could materially shift this read
GBPUSD is holding a 14-pip Asian range (1.3227–1.3241) after Thursday's London-NY drop from 1.3279 to the 1.3221 prior low, as USD strength overrode beat UK data. Late in the Asia session price set a fresh asian low below the ema20 and ema50, with Asian lower highs and ATR(14) compressed at 4.3 pips. The drop's fib retracement has barely started.
Support: 1.32268, 1.32209, 1.3200
Resistance: 1.32333, 1.32406, 1.3244
What it said to watch
M15 close below the 1.3227 asian low exposes the 1.3221 prior low and then the 1.3200 round number
Reclaim of the ema20 at 1.3233 and a close above the 1.3241 asian high breaks the Asian lower highs
Bounce high at 1.3244 caps the post-drop recovery; a break there shifts the read to a deeper retracement
London open in ~2h is likely to set the direction out of the compressed Asian range
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
04:31 UTC
Downtrend, compressing in Asia · RSI 40 · price 1.32291
Tight Asian range below both EMAs, lower highs pressing the Asian low.
The NY selloff from 1.3274 to a 1.3221 prior low followed broad USD strength into PPI, while solid UK data was ignored. Late Asia has stayed inside a 1.3227–1.3241 range below the ema20 and a falling ema50, with lower highs from the asian high now pressing the asian low. RSI(14) sits at 39.8 and ATR is a compressed 4.4 pips.
Support: 1.32268, 1.32209
Resistance: 1.32337, 1.32375, 1.32406
What it said to watch
Failure to hold the 1.3227 asian low exposes the 1.3221 prior low
M15 close back above the 1.3234 ema20 and 1.3238 ema50 eases the lower-high sequence
Close above the 1.3241 asian high invalidates the range-top read
US PPI at 13:30 UTC could break the Asian compression; a hot core print hands the pound to USD flows
04:16 UTC
Downtrend, compressing near lows · RSI 42 · price 1.32291
Tight Asian range under both EMAs after NY sell-off.
The NY-session slide from 1.3274 to the 1.3221 NY low followed Hammack's hawkish remarks. Price has since held a 12-pip Asian range (1.3228–1.3241). It is now pressing the asian low below a flat ema20 (1.3234) and a falling ema50 (1.3238), with RSI 42 and ATR compressed to 4.5 pips.
Support: 1.32282, 1.32209, 1.3200
Resistance: 1.32343, 1.32379, 1.32406
What it said to watch
M15 close below the 1.3228 asian low exposes the 1.3221 ny low and the 1.3200 round number
Reclaim of ema20/ema50 and a close above the 1.3241 asian high breaks the compression to the upside
Bounces have stalled near the 23.6–38.2% fib of the London-NY drop; a move through 38.2% (1.3243) changes the read
US PPI at 13:30 UTC could materially shift this read
Tight Asian range 1.3228–1.3241 above NY low 1.3221.
London's post-GDP push to 1.3279 faded despite the UK beats. NY then sold from the ny high at 1.3274 to the ny low at 1.3221 as the USD bid held. Late Asia is boxed between the asian low 1.3228 and asian high 1.3241, with price between ema20 (1.3235) and ema50 (1.3238), RSI(14) at 50.8 and ATR(14) compressing to 4.3 pips. No setup in play.
Support: 1.32347, 1.32282, 1.32209
Resistance: 1.32382, 1.32406, 1.32741
What it said to watch
Close above the asian high 1.3241, near the 38.2% fib of the NY sell-off, would break the range and open 1.3250
Failure to hold the asian low 1.3228 exposes the ny low at 1.3221 and the 1.3200 figure
US PPI at 13:30 UTC could materially shift this read; a hot core print extends the USD bid
Post-NY-selloff range 1.3221–1.3244; Asian range compressing inside it.
Cable dropped from the 1.3279 London high to a 1.3221 NY low as hawkish Fed talk lifted USD, and the bounce stalled at the 1.3244 swing high, near the 38.2% retracement. Late in the Asia session price is coiling between the 1.3228 Asian low and the 1.3241 Asian high. It sits just under a flat ema20, with a falling ema50 overhead and ATR compressed to 4.4 pips.
Support: 1.32282, 1.32209, 1.3200
Resistance: 1.32346, 1.32406, 1.3244
What it said to watch
M15 close above the 1.3241 asian high and the 1.3244 swing high breaks the range top and the 38.2% cap
Loss of the 1.3228 asian low exposes the 1.3221 ny low, with the 1.3200 psych level below
Failure to reclaim ema20 at 1.32346 keeps the range pinned to its lower half
US PPI at 13:30 UTC could materially shift this read
03:31 UTC
Flat after NY sell-off, below both EMAs · RSI 48 · price 1.32343
Tight Asian range 1.3228–1.3241 holding above the NY low.
The NY session reversed the post-GDP London gains, sliding from 1.3274 to a 1.3221 NY low as USD firmed on Fed rhetoric. Asia has held a 13-pip range between the 1.3228 Asian low and 1.3241 Asian high, which sits at the 38.2% fib of the NY sell-off. Price is pinned just under a flat EMA20 and a declining EMA50, with RSI(14) neutral at 47.9 and ATR(14) compressed to 4.5 pips.
Support: 1.3228, 1.3221
Resistance: 1.32385, 1.3241
What it said to watch
M15 close above the 1.3241 Asian high and 38.2% fib breaks the Asian range to the upside
Loss of the 1.3228 Asian low exposes the 1.3221 NY low
Price capped under the declining ema50 at 1.32385 keeps the post-sell-off structure intact
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
03:16 UTC
Post-selloff consolidation, below both EMAs · RSI 46 · price 1.32327
Asian range 1.3228–1.3241 inside the NY low-to-bounce zone.
GBP/USD is boxed in a tight Asian range after the USD-driven NY sell-off to the 1.3221 swing low. The Asian high at 1.3241 sits on the 38.2% retracement of that NY sell-off fib and just above the ema50, and it saw rejection at 01:45 UTC. Price has since slipped back under the ema20, with RSI(14) at 46 and ATR compressed to 4.6 pips ahead of US PPI.
Support: 1.32282, 1.32209
Resistance: 1.32348, 1.32387, 1.32406
What it said to watch
US PPI at 13:30 UTC could materially shift this read; a hot core print is the USD-positive risk
M15 close below the 1.3228 asian low reopens the 1.3221 swing low and the four-week low area
M15 close back above the ema50 and the 1.3241 asian high breaks the range and the 38.2% fib cap
Fed's Bowman at 15:50 UTC could extend any post-PPI move
The NY session broke the London range from 1.3279 to a 1.3221 NY low as Fed hike bets kept USD bid. Price has held 1.3221–1.3244 since, with the swing high capped at the 38.2% fib of that drop. Asia has traded inside, between the 1.3228 Asian low and 1.3241 Asian high, pinned between ema20 at 1.3235 and ema50 at 1.3239. RSI(14) is neutral at 53.9 and ATR(14) has compressed to 4.4 pips from 5.8.
Support: 1.3235, 1.3228, 1.3221
Resistance: 1.3239, 1.3241, 1.3244
What it said to watch
M15 close above the 1.3244 swing high and 38.2% fib breaks the range top
Loss of the 1.3228 Asian low exposes the 1.3221 NY low; a break there extends the lower-low sequence
Holding above ema20 but below ema50 keeps the range read intact
US PPI at 13:30 UTC could materially shift this read
Tight Asia range inside the post-selloff 1.3221–1.3244 box.
After the NY-session slide from 1.3279 to the 1.3221 NY low on a firm USD, with UK GDP beats barely registering, GBPUSD has been boxed between 1.3221 and 1.3244. Asia is holding a 1.3228–1.3241 range just under the ema20 (1.3235) and ema50 (1.3239). RSI(14) is neutral at 47.9 and ATR(14) has compressed to 4.4 pips.
Support: 1.32282, 1.32209
Resistance: 1.32348, 1.32406, 1.3244
What it said to watch
M15 close above the 1.3241 Asia high and the 1.3244 swing high breaks the lower-highs line
Failure to hold the 1.3228 Asia low exposes the 1.3221 NY low and the 1.3200 handle
US PPI at 13:30 UTC could materially shift this read; Bowman and Daly follow later in the day
02:31 UTC
Flat after NY selloff, momentum neutral · RSI 49 · price 1.32351
Tight range 1.3221–1.3244 above NY low.
Yesterday's UK GDP beats briefly lifted the pair to 1.3279, but the move faded. The hawkish Fed tone then drove a NY slide to the ny low at 1.3221, and price has ranged since below the 1.3244 bounce high, near the 38.2% fib of that selloff. Asia is holding a 12-pip range between the asian low at 1.3228 and the asian high at 1.3241. Price sits just above the ema20 at 1.3235 and below a flattening ema50 at 1.3239, with ATR(14) compressed to 4.5 pips and RSI(14) at 49.4.
Support: 1.32348, 1.32282, 1.32209
Resistance: 1.32392, 1.32406, 1.3244
What it said to watch
US PPI at 13:30 UTC could break the compression either way
Failure to hold the ny low at 1.3221 extends the selloff into a lower-low
M15 close above the asian high and ema50 near 1.3240, then the 1.3244 bounce high, breaks the range top
Loss of the ema20 at 1.3235 puts the asian low at 1.3228 back in focus
02:16 UTC
Sideways after NY sell-off, compressing · RSI 51 · price 1.32359
Tight Asian range 1.3228–1.3241 above twin NY lows at 1.3221.
Thursday's NY slide from 1.3274 found demand twice at the 1.3221 NY low. The slide came as USD stayed bid on hot CPI and Hammack's hawkish remarks. Asia has since held a tight 1.3228–1.3241 range with rising lows, price wedged between ema20 at 1.3235 and ema50 at 1.3239, RSI(14) neutral at 51 and ATR(14) compressing to 4.5 pips.
Support: 1.32348, 1.32282, 1.32209
Resistance: 1.32394, 1.32406, 1.3244
What it said to watch
M15 close above the 1.3241 Asian high and ema50 opens the 1.3244 NY bounce high and the 38.2% retrace of the NY drop
Loss of the 1.3228 Asian low breaks the rising lows line and puts the 1.3221 NY low back in play
A break of the 1.3221 NY low exposes the 1.3200 handle
US PPI at 13:30 UTC, then Bowman and Daly, could materially shift this read and end the compression
02:01 UTC
Sideways after NY selloff, Asia drifting higher · RSI 53 · price 1.32377
1.3221–1.3244 range since NY low; higher low in Asia.
The NY selloff, on a firm USD after Hammack's inflation warning, bottomed at the 1.3221 swing low and has since held a 1.3221–1.3244 range. Asia printed a higher low at 1.3228 along rising lows and is now pressing the ema50 at 1.32395, close to the 38.2% retracement of the NY selloff fib near 1.3241. Price is above the ema20 at 1.32347, RSI is a neutral 52.7 and ATR is compressed at 4.7 pips.
Support: 1.32347, 1.32282, 1.32209
Resistance: 1.32395, 1.3244
What it said to watch
M15 close above 1.3244 range top breaks the overnight range
Rejection at the ema50 / 38.2% fib keeps the range intact
Loss of the asia low at 1.3228 breaks the rising lows and exposes the 1.3221 swing low
A break below 1.3221 resumes the NY selloff toward the 1.3200 handle
US PPI at 13:30 UTC could materially shift this read
01:46 UTC
Sideways after NY selloff, Asia grinding higher · RSI 58 · price 1.32399
Higher lows since NY low, pressing range top.
GBP/USD has held a 1.3221–1.3240 range since yesterday's NY selloff, which came as hawkish Fedspeak kept the USD bid. The Asia session lifted off the 1.3228 Asia low on higher lows. Price is now testing the range top at 1.3240, which sits on the ema50 and near the 38.2% retrace of the NY selloff, with RSI(14) at 57.6 and ATR compressed to 4.7 pips.
Support: 1.32344, 1.32282, 1.32209
Resistance: 1.3240, 1.3244
What it said to watch
M15 close above the 1.3244 bounce high breaks the range and exposes the NY selloff's 50% retrace near 1.3248
Rejection at the 1.3240 range top and a slip back under ema20 at 1.3234 keeps the range intact
Loss of the 1.3228 asia low breaks the rising support line; below the 1.3221 ny low the selloff resumes
US PPI at 13:30 UTC could materially shift this read
Tight 1.3221–1.3244 consolidation after NY selloff; Asia testing range top.
Hawkish Fedspeak (Hammack) drove a 53-pip NY slide from 1.3274 to the 1.3221 swing low, and price has since compressed in a 1.3221–1.3244 base, ignoring Thursday's UK GDP beats. Early Asia session is pressing the top of that base. The 1.3234 ema20 sits below price, the ema50 at 1.3240 caps it, RSI(14) has lifted to 56 and ATR has compressed to 4.8 pips.
Support: 1.32339, 1.32282, 1.32209
Resistance: 1.32396, 1.3244, 1.32475
What it said to watch
M15 close above the ema50 and the 1.3244 late-NY high opens the fib 50% retrace at 1.3248
Slip back below the ema20 at 1.3234 returns focus to the 1.3228 Asian low
Break of the 1.3221 swing low resumes the downtrend toward 1.3200
US PPI at 13:30 UTC today could materially shift this read
Thursday's NY sell-off from 1.3274 to the 1.3221 NY low followed Hammack's hawkish remarks. Price has since been held in a 1.3228–1.3239 range: the asia low sits at the bottom and the range top caps the upper end. Early Asia sees price sitting just above the ema20 at 1.3233 and below the ema50 at 1.3240, with RSI(14) neutral at 48.8 and ATR(14) compressing to 4.8 pips.
Support: 1.32334, 1.32282, 1.32209
Resistance: 1.32389, 1.32397, 1.3244
What it said to watch
M15 close above the 1.3239 range top and ema50 at 1.3240 shifts focus to the 1.3244 bounce high (NY fib retracement zone)
Loss of the 1.3228 asia low exposes the 1.3221 NY low
US PPI at 13:30 UTC today is the next catalyst likely to break the compressed range
01:01 UTC
Downtrend, compressing near lows · RSI 44 · price 1.32301
Post-NY range 1.3221–1.3244, Asia drifting lower highs.
GBP/USD slid from the London high at 1.3279 after the US open as Hammack's hawkish line kept USD bid. The NY low at 1.3221 held twice, and the bounce stalled at the 1.3244 swing high, near the 38.2% fib. Early in the Asia session, price is grinding lower highs above the 1.3228 Asia low, below both the ema20 and ema50, with ATR(14) compressed to 4.6 pips.
Support: 1.32282, 1.32209, 1.3200
Resistance: 1.32333, 1.32399, 1.3244
What it said to watch
A close below the 1.3221 NY low resumes the downtrend toward the 1.3200 round number
Close back above the ema50 at 1.3240 and the 1.3244 swing high breaks the range-top cap and the fib 38.2% stall
Losing the 1.3228 Asia low turns the Asia lower highs into a test of the NY low
US PPI at 13:30 UTC is the likely catalyst to break the compressed range
Tight Asia range below both EMAs after NY sell-off.
The NY session sell-off from 1.3279 to a 1.3221 NY low came as Hammack's hawkish remarks kept USD bid, and demand held that low twice during NY hours. Early Asia is drifting in a 1.3228–1.3238 range, pressing the session low below the ema20, with ATR(14) compressed to 4.7 pips and RSI(14) at 44.4.
Support: 1.32282, 1.32209
Resistance: 1.32336, 1.32377, 1.3244
What it said to watch
A break of the 1.3228 session low exposes the 1.3221 NY low. A close beneath it extends the lower-low sequence.
An M15 close above the ema20 at 1.3234 and the 1.3238 session high lifts price out of the drift, with the 1.3244 bounce high next above.
US PPI at 13:30 UTC, with core YoY forecast at 5%, could materially shift this read.
00:31 UTC
Downtrend, compressing after NY sell-off · RSI 45 · price 1.32299
Narrowing consolidation 1.3221–1.3244 with lower highs.
The NY session sell-off on broad USD strength ran from 1.3274 to a 1.3221 NY low. Price has since compressed into a narrowing 1.3221–1.3244 consolidation, with ATR easing from 7.5 to 4.7 pips. Early Asia is holding the 1.3228 Asian low but trades under the ema20 at 1.3234, with the range high at 1.3239 and the 1.3244 swing high capping; the 38.2% fib of the sell-off sits at the ema50 (1.3241).
Support: 1.3228, 1.3221, 1.3200
Resistance: 1.32338, 1.3239, 1.3244
What it said to watch
M15 close below the 1.3221 NY low confirms a lower low and exposes 1.3200 psych
Loss of the 1.3228 Asian low puts the NY low back in play
A close above the 1.3244 swing high breaks the lower-high trendline and the consolidation read
US PPI Fri 13:30 UTC, then Fed's Bowman and Daly, could materially shift this read
00:16 UTC
Downtrend, compressing near lows · RSI 39 · price 1.32298
Lower highs since NY; tight post-sell-off range 1.3222–1.3238.
The NY sell-off from 1.3274 to the 1.3221 ny low came on extended post-CPI USD strength and has since settled into a 1.3222–1.3238 consolidation. Early Asia is drifting toward the range floor and the 1.3224 rollover low, below the ema20 and ema50, with RSI(14) at 38.9 and ATR(14) compressed to 4.8 pips.
Support: 1.32242, 1.32209, 1.3200
Resistance: 1.3234, 1.32389, 1.3244
What it said to watch
M15 close below the 1.3221 ny low resumes the lower-low chain, with 1.3200 psych the next reference
Recovery above the ema20 and the 1.3238 range top would put the 1.3244 swing high and the lower-highs line in play
Close above the 1.3244 swing high breaks the lower-highs sequence and the fib midpoint of the ny sell-off comes into view
US PPI (Fri 13:30 UTC) could materially shift this read; a soft print risks a USD positioning unwind
Lower highs below the NY sell-off; tight 1.3222–1.3244 range since.
The NY session sell-off took cable from 1.3274 to a 1.3221 low as the hawkish Fed repricing kept USD bid. The in-line UK GDP gave no lasting lift. Since then price has held a 1.3222–1.3244 consolidation, with the bounce high capped near the 38.2–50% fib of the NY sell-off. Early Asia is drifting below the ema20 and ema50, RSI(14) at 41.5 and ATR(14) compressed to 4.9 pips.
Support: 1.32209, 1.3200
Resistance: 1.32346, 1.32415, 1.3244
What it said to watch
Failure to hold the 1.3221 ny low extends the lower highs sequence toward the 1.3200 psych level
M15 close above the ema50 at 1.32415 and the 1.3244 bounce high breaks the lower highs trendline and eases the downtrend read
ATR at 4.9 pips is near its lows; a range break from this compression tends to expand
US PPI Fri 13:30 UTC could materially shift this read