Cable recovered off the 1.33908 session low through London-NY and tagged a 1.3443 session high before fading. Price now grinds sideways in a tight 1.3420–1.3430 band through thin Asian hours, RSI(14) neutral near 57.
Support: 1.3420, 1.34117, 1.33908
Resistance: 1.34396, 1.3443
What it said to watch
Close above 1.34430 reopens the upside toward the 1.3465 resistance band
Break below 1.34200 signals a return to the lower range and the 1.34117 swing
UK CPI in ~6h (06:00 UTC) could materially shift this read
Cable ground higher through the European/NY sessions to a swing high at 1.3443, then settled into a tight Asian-session coil around 1.3430 on very thin volume. RSI(14) near 59 and ATR compressed to ~4 pips — no impulse in play ahead of UK CPI.
Support: 1.3421, 1.34115, 1.3392
Resistance: 1.3443, 1.3465
What it said to watch
M15 close above 1.3443 extends the intraday up-leg toward 1.3465
Failure to hold 1.3421 opens the 1.3392 session low
UK CPI Wed 06:00 UTC could materially break this coil
23:31 UTC
Uptrend stalling, now ranging · RSI 56 · price 1.34293
Consolidation near session highs after intraday rally.
London/NY drove Cable from 1.3390 up to a 1.3443 session high before it settled into a tight 1.3420-1.3430 band through the late NY-Asia transition, RSI neutral near 56. Volume has thinned to single digits into Asian hours, classic Doji indecision ahead of UK CPI.
Support: 1.3420, 1.3400, 1.33903
Resistance: 1.3430, 1.3443
What it said to watch
M15 close above 1.3443 reopens the session-high break
Failure to hold 1.3420 exposes the 1.3400 round number
UK CPI Wed 06:00 UTC is the dominant near-term catalyst for this read
23:31 UTC
Flat, consolidating near highs · RSI 56 · price 1.34293
Tight Asian range after NY push to 1.3443.
Cable ground out a NY-session high at 1.3443 then drifted back, and the Asian session has gone near-flat in a 1.3420–1.3430 micro-range on thin volume. Price is parked at the range top around 1.3429 with RSI(14) neutral; no setup in play ahead of UK CPI.
Support: 1.3420, 1.3397
Resistance: 1.3430, 1.3443
What it said to watch
UK CPI Wed 06:00 UTC is the dominant catalyst and could break this range
Close above 1.3443 reopens the upside toward the 1.3465 band
Loss of 1.3420 signals a return to the broader 1.3397 base
23:16 UTC
Up-leg stalling, now ranging near highs · RSI 56 · price 1.34275
Consolidation under session high after NY push.
NY session drove Cable off the 1.3397 session low to a 1.3443 swing high, then it bled back into a tight 1.3420–1.3430 band. Asia hours are dead flat near 1.3428 on minimal volume — no setup in play, price parked under the range top.
Support: 1.3420, 1.3408, 1.3397
Resistance: 1.3430, 1.3443
What it said to watch
Close above 1.3430 reopens the 1.3443 swing high
Loss of 1.3420 exposes 1.3408 then the 1.3397 session low
UK CPI Wed 06:00 UTC is the dominant catalyst and can void this range read
NY session rallied off the 1.3390 swing low to a 1.3443 session high before stalling; price has since consolidated 1.3420–1.3440 through a thin Asia session. Cable is pinned near 1.3427 with momentum neutral ahead of UK CPI.
Support: 1.3420, 1.3400, 1.3390
Resistance: 1.3443, 1.3465
What it said to watch
M15 close above 1.3443 opens the 1.3465 resistance band
Break below 1.3420 range low exposes 1.3400 round number
UK CPI 06:00 UTC is the dominant catalyst and could break this range
23:01 UTC
Consolidation near session high · RSI 53 · price 1.34274
Tight range under NY high after rally.
NY session pushed Cable to 1.3443 before fading into a tight Asian-session range around 1.3427, with volume drying up and price coiling just under the 1.3430 minor cap. RSI(14) is flat near mid-range; no setup in play with the market parked ahead of UK CPI.
Support: 1.3420, 1.3400
Resistance: 1.3430, 1.3443
What it said to watch
UK CPI Wed 06:00 UTC (~7h) is the dominant near-term catalyst and can break this range
Close above 1.3443 reopens the path to the 1.3465 band
Failure to hold 1.3420 signals a return toward 1.3400
23:01 UTC
Consolidation after NY rally · RSI 52 · price 1.34274
Tight range below session high.
NY session pushed Cable to a session high at 1.3443 before price drifted into a very tight Asia-session consolidation around 1.3427, volume drying up. RSI neutral near 52 and ATR compressed to a few pips — no setup in play with traders parked ahead of UK CPI and FOMC.
Support: 1.34205, 1.3400
Resistance: 1.3430, 1.3443
What it said to watch
M15 close above 1.3430 then 1.3443 reopens the upside
Loss of 1.34205 range low signals a deeper pullback toward 1.3400
UK CPI at 06:00 UTC could break this consolidation either way
Cable ground higher through NY to a session high at 1.3443, then settled into a tight 1.3420–1.3430 band on thin late-session volume. RSI cooling toward neutral as momentum fades; price holding above the rising support off the 1.3392 swing low.
Support: 1.3420, 1.3400, 1.3392
Resistance: 1.3430, 1.3443
What it said to watch
UK CPI Wed 06:00 UTC could break this range either way
Close above 1.3430 reopens the 1.3443 session high
Loss of 1.3420 range floor breaks the rising support off 1.3392
22:45 UTC
Range, momentum flat · RSI 53 · price 1.34269
Consolidating below session high.
Cable spiked to a session high at 1.3443 during the NY session before fading into a tight 1.3420–1.3430 consolidation, with the late Asian hours running on minimal volume. Price is drifting around 1.3427 with RSI near neutral — no setup in play.
Support: 1.3420, 1.3411
Resistance: 1.3430, 1.3443
What it said to watch
UK CPI Wed 06:00 UTC is the dominant risk and can reset this range
M15 close above 1.3430 reopens the 1.3443 session high
Break below 1.3420 exposes 1.3411 prior swing
22:30 UTC
Uptrend stalling, now ranging · RSI 54 · price 1.34276
Consolidation near session highs after rally.
Cable rallied through the London-NY session to a 1.3443 high, then settled into a tight 1.3420-1.3430 band on thin volume into the Asia open. No setup in play; price is parked just above EMA20 with RSI flat near 54.
Support: 1.3420, 1.3409
Resistance: 1.3430, 1.3443
What it said to watch
Close above 1.3443 session high reopens the upside toward the 1.3465 band
Break below 1.3420 range low signals a fade back toward 1.3409
UK CPI Wed 06:00 UTC is the next catalyst and could break this range
Cable ground higher through the NY session to a session high at 1.3443, then settled into a tight 1.3420–1.3430 band as Asian volume thinned. RSI(14) neutral near 55, price holding above EMA20/50 but momentum has flattened ahead of UK CPI.
Support: 1.3420, 1.34029, 1.3400
Resistance: 1.3430, 1.3443
What it said to watch
UK CPI Wed 06:00 UTC is the next structural catalyst for this range
M15 close above 1.3443 reopens the move higher
Loss of 1.3420 exposes 1.34029 swing low
22:16 UTC
Consolidating near intraday highs · RSI 52 · price 1.34258
Range-bound after NY rally, holding above 1.3420.
Cable rallied off the 1.3390 London low to a NY session high at 1.3443, then drifted into a tight 1.3420-1.3431 band through thin Asia trade. RSI sits neutral near 52 and price is hugging the EMA20; no setup in play while traders park ahead of UK CPI.
Support: 1.3420, 1.34029, 1.33903
Resistance: 1.3443, 1.34315
What it said to watch
Break above 1.3443 reopens the 1.3465 resistance band
Close below 1.3420 signals a fade of the NY rally toward 1.3390
UK CPI Wed 06:00 UTC could materially shift this read
22:15 UTC
Uptrend stalling into consolidation · RSI 51 · price 1.34258
Rally to session high, now coiling near highs.
Cable ground higher through the prior session to a 1.3443 session high, then unwound into a tight 1.3420–1.3430 coil in thin late-session trade with RSI back to neutral near 51. No setup in play; price is parked just above EMA50 ahead of UK CPI.
Support: 1.3420, 1.3414, 1.3390
Resistance: 1.3443, 1.3465
What it said to watch
UK CPI Wed 06:00 UTC is the main risk to this range read
M15 close above 1.3443 reopens the path toward 1.3465
Failure to hold 1.3420 confirms a lower-low back toward 1.3390
Cable rallied through the NY session to a 1.3443 high before pulling back, and has spent the late-NY/Asia hours coiling in a tight 1.3420–1.3430 band. RSI(14) sits mid-range near 47 as momentum flattens; the 1.3430 intraday cap has rejected each push higher.
Support: 1.3420, 1.3410, 1.3400
Resistance: 1.3430, 1.3443
What it said to watch
M15 close above 1.3430 reopens the 1.3443 session high
Loss of 1.3420 session low exposes 1.3410 swing low then 1.3400
NY session pushed Cable to a session high of 1.3443 before fading into a tight 1.3420–1.3430 range through the quiet Asian hours, volume thinning out. Price holds a ~38% retrace of the 1.3390–1.3443 leg with RSI(14) neutral near 52.
Support: 1.3420, 1.3392
Resistance: 1.3443, 1.3430
What it said to watch
UK CPI Wed 06:00 UTC is the dominant near-term risk for this read
M15 close above 1.3443 reopens the upside; close below 1.3420 signals return toward 1.3392
Tight consolidation under session high after NY rally.
NY session pushed Cable from 1.3392 to a session high at 1.3443, then it drifted into a tight 1.3420–1.3432 consolidation into Asia on thinning volume. RSI(14) has cooled back to neutral; price is hugging EMA20 with no directional resolution.
Support: 1.3420, 1.3392
Resistance: 1.3432, 1.3443
What it said to watch
M15 close above 1.3432 reopens the 1.3443 session high
Loss of 1.3420 range base exposes the 1.3392 swing low
UK CPI 06:00 UTC and FOMC later Wed could materially shift this read
Cable rallied through the NY session from the 1.3390 swing low to a 1.3443 session high, then rolled into a tight 1.3421–1.3430 consolidation as Asia opened on thin volume. RSI(14) has cooled back to neutral near 51 and price sits just below EMA20, holding above the rally's mid-zone.
Support: 1.3421, 1.3400, 1.3390
Resistance: 1.3443, 1.3465
What it said to watch
Close above 1.3443 opens the path to 1.3465
Close below 1.3421 returns price toward 1.3400 and the broader range
UK CPI Wed 06:00 UTC could materially shift this read
Cable rallied off the 1.3392 session low to tag 1.3443 during NY hours, then settled into a tight 1.3420–1.3430 range as volume thinned into the close. Price sits on the 38.2% retrace of that move with RSI flat near 46 — indecision, consistent with the doji read into UK CPI.
Support: 1.3420, 1.3407, 1.3392
Resistance: 1.3430, 1.3443
What it said to watch
M15 close above 1.3430 reopens the 1.3443 session high
Loss of 1.3420 exposes 1.3407 swing low
UK CPI Wed 06:00 UTC could break the range either way
21:31 UTC
Uptrend stalling, now flat · RSI 51 · price 1.34238
Tight range after NY push to highs.
Cable climbed from the 1.3395 London low through to a 1.3443 NY session high before coiling into a tight 1.3420–1.3430 range late in the session. Momentum has flattened with RSI back to neutral; price is parked ahead of tomorrow's UK CPI.
Support: 1.3420, 1.3400
Resistance: 1.3430, 1.3443
What it said to watch
Close above 1.34430 session high resumes the intraday uptrend
Close below 1.34200 swing low opens the path to 1.3400
Cable pushed to a session high of 1.3443 during NY hours before fading into a tight 1.3420–1.3430 consolidation as price parks near the 38.2% retrace of the 1.3391–1.3443 leg. RSI(14) has cooled back to neutral around 47; no setup in play with traders sidelined ahead of UK CPI.
Support: 1.3420, 1.34115
Resistance: 1.3430, 1.3443
What it said to watch
UK CPI Wed 06:00 UTC is the defining catalyst — likely to break this consolidation
Close below 1.3420 range floor exposes 1.34115 swing low
Break above 1.34430 session high resumes the up-leg
Cable rallied off 1.3392 to a session high of 1.3443 during NY hours, then drifted into a tight 1.3420–1.3433 range as volume thinned into the Asia open. RSI(14) has cooled to neutral near 49 and price sits just under EMA20, with the 1.3443 high unchallenged on the pullback.
Support: 1.3420, 1.34029, 1.3392
Resistance: 1.3443, 1.3433
What it said to watch
Close back above 1.3443 reopens the rally; loss of 1.3420 confirms a lower-high
UK CPI Wed 06:00 UTC could break this range decisively
21:01 UTC
Uptrend, momentum fading · RSI 48 · price 1.34238
Consolidating below session high after NY rally.
Cable rallied through NY to a session high at 1.3443, then rolled over into a tight consolidation around 1.3425-1.3433 and is now sitting on the 38.2% retrace of that leg near 1.3424. Drift back below EMA20 leaves price treading water at 1.3400-ish into the UK CPI / FOMC double-header.
Support: 1.3420, 1.34114, 1.33903
Resistance: 1.34306, 1.3443
What it said to watch
Close back above 1.34306 puts the 1.34430 session high back in play
Loss of 1.34200 swing low opens the path toward 1.34114
UK CPI Wed 06:00 UTC and FOMC later could materially shift this read
21:01 UTC
Uptrend stalling into consolidation · RSI 50 · price 1.34238
Rally to session high, now tight range.
NY session pushed Cable to a session high at 1.3443 before drifting into a tight 1.3421–1.3430 range through the NY-Asia transition, RSI cooling back to neutral. Price now sits just under EMA20 with the broader intraday uptrend off the 1.3392 session low intact.
Support: 1.34214, 1.3410, 1.3392
Resistance: 1.3430, 1.3443
What it said to watch
M15 close below 1.3421 range low opens the 1.3410 swing low
Reclaim of 1.3430 range top reopens the 1.3443 session high
UK CPI Wed 06:00 UTC is the dominant near-term risk to this range
Cable rallied through the NY session to a high at 1.3443, then faded to consolidate around 1.3425 with RSI(14) cooling toward neutral. Price is parked near range mid-point ahead of UK CPI and the FOMC, holding above the 1.3420 swing low.
Support: 1.3420, 1.3409, 1.3390
Resistance: 1.3443, 1.3431
What it said to watch
Close above 1.3443 reopens the rally toward the 1.3465 band
Failure to hold 1.3420 confirms a lower-low back toward 1.3409
UK CPI Wed 06:00 UTC and FOMC could materially reset this read
NY session spiked to 1.3443 then faded, with Cable now coiling around 1.3425 on thin late-session volume into the UK CPI/FOMC double-header. RSI(14) has cooled back to neutral and price sits just under EMA20 after the pullback held the 1.3421 area.
Support: 1.3421, 1.34063, 1.33903
Resistance: 1.3432, 1.3443
What it said to watch
Close above 1.3443 reopens the 1.3465 resistance band
Loss of 1.3421 exposes 1.3406 swing low
UK CPI Wed 06:00 UTC and FOMC 18:00 UTC could materially shift this read
NY session drove Cable up to a 1.3443 session high before momentum cooled, and price has since coiled in a tight 1.3420–1.3440 band into the Asian handover. RSI(14) back near 52 after the push, with price sitting just under EMA20 but holding above EMA50.
Support: 1.34214, 1.34029, 1.33908
Resistance: 1.3443, 1.3437
What it said to watch
M15 close below 1.34214 opens the 1.3403 swing low
Reclaim and close above 1.34430 resumes the upside leg
UK CPI Wed 06:00 UTC and FOMC 18:00 UTC are the defining catalysts that will override this intraday read
Cable rallied from the London low at 1.33903 to a NY session high of 1.34430, and is now consolidating in the 1.3420–1.3437 band as RSI(14) cools to mid-40s. Late NY drift has stalled just under the 1.3429 EMA20 with buyers holding the 1.3420 area.
Support: 1.3420, 1.34029, 1.33903
Resistance: 1.3443, 1.34396
What it said to watch
Close below 1.34200 exposes the 1.34029 swing low
Reclaim of 1.34430 session high reopens upside continuation
UK CPI Wed 06:00 UTC could materially shift this read
20:16 UTC
Uptrend stalling, now consolidating · RSI 49 · price 1.34232
Consolidation below session high after NY rally.
Cable pushed to a session high of 1.3443 in the NY session before fading into a tight consolidation around 1.3423-1.3430, RSI(14) back to neutral near 49. Price is hugging EMA20 with the rally's momentum cooling as traders park ahead of UK CPI and the FOMC.
Support: 1.3420, 1.3400, 1.3392
Resistance: 1.3443, 1.3465
What it said to watch
Close back above 1.34430 reopens the path toward the 1.34650 area
Loss of 1.34200 range low exposes 1.34000 round number
UK CPI (06:00 UTC) and FOMC could materially reset this read
NY session pushed Cable from the 1.3392 low up to 1.3443 before stalling; price now consolidating in the 1.3420–1.3430 band with RSI(14) back to neutral near 49. Buyers stepped in around 1.3420 twice, holding the rising structure intact into the FOMC/UK CPI double-header.
Support: 1.3420, 1.3392
Resistance: 1.3443, 1.3430
What it said to watch
Close below 1.3420 breaks the rising intraday structure toward 1.3392
Reclaim of 1.3443 reopens the session-high break
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially shift this read
NY session pushed Cable from the London low at 1.3392 up to a session high of 1.3443 before stalling; price now coils 1.3424–1.3430 with RSI(14) flat near 51. Demand held the swing low at 1.3424 on the latest pullback, but momentum has flattened into the UK CPI / FOMC double-header.
Support: 1.3424, 1.3410, 1.3392
Resistance: 1.3443, 1.3465
What it said to watch
Close above 1.3443 reopens the path to the 1.3465 resistance band
Close below 1.3424 swing low exposes 1.3410 pivot then the 1.3392 london low
UK CPI 06:00 UTC Wed and FOMC later Wed could materially shift this read
20:00 UTC
Uptrend stalling, now sideways · RSI 51 · price 1.34257
Consolidation below session high.
NY session pushed Cable up to a 1.34430 session high before drifting into a tight consolidation around 1.3425–1.3432 in late hours, with RSI(14) cooling back to neutral. Price has stalled just under EMA20 while holding above the 1.3420 range floor; the broader 1.3400 round number sits below.
Support: 1.3420, 1.3400, 1.33903
Resistance: 1.3443, 1.3432
What it said to watch
A close above 1.34430 reopens the upside toward this morning's extension
Failure to hold 1.34200 exposes the 1.3400 round number
UK CPI Wed 06:00 UTC and the FOMC decision Wed 18:00 UTC could materially shift this read
Consolidation below session high after recovery off 1.3392.
NY session pushed Cable to a session high of 1.3443 before settling into a tight 1.3425–1.3430 coil, RSI(14) neutral near 54. Demand held the higher lows off 1.3392; price is parked near EMA20 as traders sit on hands into UK CPI and the FOMC.
Support: 1.3425, 1.3408, 1.3392
Resistance: 1.3443, 1.3430
What it said to watch
Close above 1.3443 extends the recovery toward 1.3465
Close below 1.3425 reopens the move down to 1.3408
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
19:45 UTC
Uptrend, consolidating near highs · RSI 56 · price 1.34294
Higher highs into 1.3443, now ranging at top.
Cable rallied off the 1.3390 swing low through the NY session to a 1.3443 high, then settled into a tight 1.3424–1.3443 range as the move stalled. RSI(14) cooled to mid-50s; price holding above EMA20/50 with momentum flattening into the UK CPI/FOMC double-header.
Support: 1.3424, 1.3390
Resistance: 1.3443, 1.3465
What it said to watch
Close above 1.3443 reopens the path toward 1.3465
Loss of 1.3424 signals a return to the 1.3390 area
UK CPI 06:00 UTC and FOMC 18:00 UTC could materially reset this read
Cable ground higher through the NY session off the 1.3390 base to a session high at 1.3443, then settled into a tight 1.3424–1.3432 range, RSI(14) cooling from the spike. Price holds above EMA20/50 with traders parked ahead of UK CPI and the FOMC.
Support: 1.3424, 1.3415, 1.3400
Resistance: 1.3443, 1.3465
What it said to watch
M15 close above 1.3443 opens the path to the 1.3465 ctxt cap
Loss of 1.3424 swing low breaks the higher-low chain toward 1.3400
UK CPI (06:00 UTC) and FOMC later Wed could materially shift this read
19:30 UTC
Uptrend, momentum easing · RSI 56 · price 1.34296
Higher highs into NY, consolidating below session high.
Cable ground higher through the NY session, tagging 1.34430 before stalling, and is now coiling in a tight 1.34242–1.34430 band near the highs. RSI(14) has cooled to the mid-50s off the push, price holding above EMA20/50 as the market parks ahead of US Retail Sales and the FOMC.
Support: 1.34242, 1.34075, 1.3392
Resistance: 1.3443, 1.3465
What it said to watch
Close above 1.34430 extends the up-leg toward the 1.34650 range cap
Loss of 1.34242 signals a deeper pullback toward 1.34075
US Retail Sales then FOMC tomorrow could materially shift this read
Cable rallied through the NY session from 1.3392 to a 1.3443 high, then stalled and is consolidating around 1.3428 with RSI(14) cooling off into the mid-50s. Price holds above both EMAs but the 1.3443 high capped the move and buyers are now defending the 1.3424 consolidation low.
Support: 1.3424, 1.3408, 1.3392
Resistance: 1.3443, 1.3465
What it said to watch
M15 close above 1.3443 opens the 1.3465 range cap
Failure to hold 1.3424 confirms a lower-low toward 1.3408
UK CPI Wed 06:00 UTC could materially shift this read
19:15 UTC
Uptrend, consolidating near highs · RSI 57 · price 1.34295
Tight range below session high after impulsive leg up.
NY session drove Cable to a session high at 1.3443 before settling into a tight 1.3424–1.3430 consolidation just below it, RSI cooling off the push. Price holds above both EMAs with traders parked ahead of UK CPI and the FOMC.
Support: 1.3424, 1.3420, 1.3392
Resistance: 1.3430, 1.3443
What it said to watch
Close above 1.3443 extends the leg higher
Loss of 1.3424 range floor opens a slide back toward 1.3392 swing low
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
19:01 UTC
Uptrend cooling into consolidation · RSI 49 · price 1.34249
Higher highs into NY, now ranging below 1.3443.
NY session pushed Cable to a 1.3443 session high before stalling, and price has since consolidated 1.3424–1.3436 with RSI(14) back near mid-range. Drift is fading into late NY/after London close; momentum has flattened around 1.3425 with no fresh impulse.
Support: 1.3424, 1.3406, 1.3390
Resistance: 1.3436, 1.3443
What it said to watch
Close below 1.3424 reopens 1.3406 then the 1.3390 session low
Close above 1.3443 resumes the intraday uptrend
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially reset this read
19:00 UTC
Uptrend stalling near session high · RSI 55 · price 1.34249
Higher lows into 1.3443, now consolidating.
NY session drove a stair-step rally off the 1.3390 London low to a session high at 1.3443, with RSI(14) since cooling back near mid-range. Price has drifted back to consolidate around 1.3425 and is now hugging EMA20; range developing between 1.3420 and 1.3443.
Support: 1.3420, 1.3409, 1.3400
Resistance: 1.3443, 1.3438
What it said to watch
Close above 1.3443 reopens the advance toward the 1.3465 band
Loss of 1.3420 signals a lower-low and pullback toward 1.3409
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
HH/HL chain, now consolidating below session high.
NY session rallied off the 1.3392 swing low to a session high of 1.3443, then settled into a tight 1.3427–1.3434 consolidation into the late-session hours with RSI cooling to mid-50s. Cable trod water near 1.3428, holding above EMA20 and EMA50, with traders parked ahead of UK CPI.
Support: 1.3420, 1.3392
Resistance: 1.3443
What it said to watch
Close below 1.3420 range low opens a return toward the 1.3392 swing low
Close above 1.3443 session high resumes the upside leg
UK CPI at 06:00 UTC could materially shift this read
Cable rallied through the NY session from the 1.33903 swing low to a 1.34430 session high, then stalled and is now consolidating tight around 1.3428 into the late-session lull. RSI(14) has cooled off the spike into the mid-50s; price holds above EMA20 and EMA50 with the move parked ahead of Wednesday's UK CPI.
Support: 1.3420, 1.3410, 1.33903
Resistance: 1.3443, 1.3465
What it said to watch
Close above 1.34430 reopens the path toward 1.34650
Loss of 1.34200 signals the rally is fading back into range
UK CPI Wed 06:00 UTC could materially shift this read
NY session drove Cable to a high at 1.3443 around the mid-afternoon spike, then offers capped and price slipped back to consolidate near 1.3428 below the EMA20. RSI(14) has cooled to the mid-40s with momentum flat; range now 1.3421–1.3443.
Support: 1.3421, 1.3403, 1.3392
Resistance: 1.3443, 1.3430
What it said to watch
Close below 1.3421 confirms a lower-low and opens the 1.3403 rising support
Reclaim of 1.3443 would re-test the session high
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC can override this intraday read
NY session pushed Cable to a session high at 1.34430 before easing back to 1.34280, holding above both EMAs. Price is consolidating just under the high, RSI(14) cooling from the spike; traders parked ahead of UK CPI and the FOMC.
Support: 1.3420, 1.3400, 1.33903
Resistance: 1.3443, 1.34465
What it said to watch
Close below 1.34200 signals failure to hold the consolidation
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
Cable recovered off the 1.3392 session low through the London-NY session, spiking to 1.3443 around 16:00 UTC before getting rejected back to 1.3429. Price is now drifting in a tight late-NY range with RSI(14) cooled to mid-50s, no fresh impulse.
Support: 1.3420, 1.34029, 1.3392
Resistance: 1.3443, 1.3460
What it said to watch
M15 close above 1.3443 opens the path to the 1.3460 cap
Break below 1.3420 signals a pullback toward the 1.3392 session low
UK CPI and FOMC Wednesday could materially shift this read
NY session pushed Cable up to a 1.3443 session high before drifting into a tight consolidation around 1.3429, RSI(14) easing off the highs. Price holds above EMA20/50 with the 1.3420 swing low capping pullbacks; range stays trapped well below the 1.3465 weekly cap into FOMC and UK CPI Wednesday.
Support: 1.3420, 1.34029, 1.33903
Resistance: 1.3443, 1.3465
What it said to watch
M15 close back below 1.3420 swing low signals loss of intraday upside
Break above 1.3443 session high opens the path toward the 1.3465 range cap
FOMC and UK CPI Wed could materially reset this range read
NY session lifted Cable off the 1.3392 session low through a chain of higher lows, spiking to 1.3443 before fading back to 1.34275 into the late-NY hours. RSI(14) has cooled to mid-50s after the rejection at 1.3443; price holds above EMA20/50 but the rally has stalled below the 1.3465 range cap.
Support: 1.3420, 1.3403, 1.3392
Resistance: 1.3443, 1.3465
What it said to watch
M15 close below 1.3420 breaks the rising-low chain
Reclaim of 1.3443 opens the path to the 1.3465 range cap
US Retail Sales + FOMC and UK CPI Wed could materially shift this read
NY session drove Cable up to a session high of 1.3443 before sellers rejected it, leaving price drifting back to 1.3427. Pair is consolidating above EMA20/50 with RSI(14) easing to the mid-50s as traders sit tight ahead of Wednesday's Fed and UK CPI.
Support: 1.34185, 1.3392
Resistance: 1.3443, 1.34306
What it said to watch
Hold of 1.34185 keeps the higher-low chain intact; a break below opens 1.3392
Close above 1.3443 extends the intraday rally toward 1.3465
FOMC and UK CPI Wednesday could materially shift this read
Higher highs into NY, now pulling back from session high.
Cable rallied through NY from the 1.3390 session low to a 1.3443 spike high, then faded back to 1.3426 as the move stalled. Price holds above EMA20/50 but RSI(14) has cooled to the low 50s; the pair stays trapped in its broader 1.3380–1.3465 range ahead of Wednesday's FOMC and UK CPI.
Support: 1.3420, 1.34115, 1.33903
Resistance: 1.34306, 1.3443
What it said to watch
Close above 1.3443 opens the path to the 1.3465 range cap
Loss of 1.34115 negates the intraday higher-low sequence
FOMC + UK CPI Wed could materially shift this read
Cable carved a session low at 1.3390 mid-window then ran a recovery through London-NY into a 1.3443 spike, rejected sharply and now fading back to 1.3426. RSI(14) cooled to neutral near 49 as the late-NY push stalled; price sits between the 1.3443 high and 1.3420 swing support with no fresh impulse.
Support: 1.34199, 1.34029, 1.33903
Resistance: 1.3443, 1.34306
What it said to watch
M15 close below 1.3420 reopens the 1.3403/1.3390 lows
M15 close above 1.3443 extends the recovery toward 1.3465
UK CPI and FOMC Wed are the dominant catalysts for the next sessions
NY session lifted Cable off the London low at 1.3390 to a session high of 1.3443, with USD broadly firm into the Fed but offered enough to let GBP recover. Price has since rejected 1.3443 and eased back to 1.3428, RSI(14) cooling from the high-60s; the rising sequence of higher lows from 1.3390 is still intact.
Support: 1.3420, 1.34075, 1.33903
Resistance: 1.3443, 1.3465
What it said to watch
M15 close above 1.34430 opens the path to the 1.3465 cap
Failure to hold 1.34200 puts the 1.34075 prior low back in play
US Retail Sales and FOMC Wed could materially shift this read
Higher highs into NY, now retracing off session high.
NY session drove cable from the 1.3390 session low up to 1.3443 before sellers capped it, with price now easing back toward 1.3428. RSI(14) cooling off the highs into the low-50s as the leg loses steam; pullback holding above the 1.342 swing zone so far.
Support: 1.3420, 1.34115, 1.3390
Resistance: 1.3443, 1.3431
What it said to watch
Loss of 1.342 swing low would unwind the NY rally and target 1.34115
Reclaim of 1.3443 reopens the path toward the 1.3465 weekly cap
FOMC and UK CPI Wed could materially shift this read
17:16 UTC
Intraday uptrend, pulling back · RSI 56 · price 1.34274
Higher lows off 1.3390, recent push to session high.
NY session rallied off the 1.3390 swing low, spiking to a session high of 1.3443 before easing back to 1.34274 as RSI(14) cooled from the highs. Pullback is holding above the 38.2% fib (~1.3423); broader cable still trapped in its weekly range ahead of FOMC and UK CPI.
Support: 1.3412, 1.34029, 1.3392
Resistance: 1.3443
What it said to watch
Close back above 1.3443 reopens the path toward the 1.3465 cap
Failure to hold 1.3412 exposes the 1.3392 swing low
FOMC + UK CPI Wed could materially shift this read
Higher highs into NY, pulling back from session high.
NY session drove a leg up to a 1.3443 session high before rejection trimmed price back to 1.34274, RSI(14) cooling from the move. Cable stays trapped in this week's range with traders sidelined ahead of FOMC and UK CPI Wednesday.
Support: 1.34185, 1.34029, 1.3400
Resistance: 1.3443, 1.34306
What it said to watch
M15 close above 1.3443 session high opens the path toward 1.3465
Failure to hold 1.34185 swing low signals a deeper pullback toward 1.3400
FOMC + UK CPI Wednesday could materially shift this read
17:01 UTC
Intraday uptrend off London low · RSI 60 · price 1.34312
Higher highs since 1.3391, pulling back from session high.
NY session drove Cable up to a session high of 1.3443 before pulling back to 1.34312, RSI(14) cooling near 60 after the rally off the 1.3391 London low. Recovery structure intact while 1.3420 holds; the year-long range cap sits up at 1.3465.
Support: 1.3420, 1.34073, 1.33908
Resistance: 1.3443, 1.3465
What it said to watch
M15 close above 1.3443 opens the path toward the 1.3465 range cap
Failure to hold 1.3420 questions the recovery and exposes 1.3407
UK CPI and FOMC Wed could materially shift this read
NY session drove cable off the 1.3390 session low to a high at 1.3443, RSI cooling from the spike as price pulled back to 1.34312. Demand stepped in repeatedly through the London-NY transition; the session high is the level capping for now.
Support: 1.3420, 1.34115, 1.33903
Resistance: 1.3443, 1.34384
What it said to watch
M15 close above 1.3443 opens the path toward 1.3465
Failure to hold 1.34200 exposes 1.34115 ema20 and the 1.3390 session low
UK CPI and FOMC Wednesday could materially shift this read
NY session drove Cable off the 1.3390 session low to a spike high of 1.3443, which was promptly rejected with price now back at 1.34343. RSI(14) cooling from the push but holding above midline; price sits above both EMAs. UK CPI and FOMC Wednesday keep this two-way ahead of the catalysts.
Support: 1.3420, 1.34029, 1.33903
Resistance: 1.3443, 1.3465
What it said to watch
M15 close above 1.3443 session high opens the 1.3465 range cap
Failure to hold 1.34200 pivot exposes the 1.34029 swing low
UK CPI and FOMC Wednesday could materially shift this read
16:46 UTC
Uptrend, pulling back from highs · RSI 62 · price 1.34343
Higher highs/lows off 1.3390 low.
Cable carved out higher lows off the 1.3390 session low and spiked to 1.34430 during NY hours before easing back to 1.34343. RSI(14) near 62, momentum cooling but holding above EMA20/50; market is treading water ahead of Wednesday's FOMC and UK CPI.
Support: 1.3420, 1.34075, 1.3390
Resistance: 1.3443, 1.3465
What it said to watch
Hold above 1.34200 keeps the higher-low chain intact
Close above 1.34430 session high extends the leg toward the 1.34650 range cap
FOMC and UK CPI Wednesday could materially shift this read
NY session pushed Cable off the 1.3390 base, breaking the 1.3420 consolidation and tagging a session high at 1.3443 before easing to 1.34377; RSL(14) near 67, hot but not extreme. Move comes ahead of Wednesday's UK CPI and FOMC, keeping the broader 1.3380–1.3465 range cap in play.
Support: 1.3421, 1.34075
Resistance: 1.3443, 1.3465
What it said to watch
Close above 1.34430 opens the path to the 1.34650 range cap
Loss of 1.34075 swing low negates the intraday breakout
UK CPI and FOMC Wed could materially shift this read
16:31 UTC
Uptrend, NY-session push · RSI 66 · price 1.34377
Higher highs off 1.3390, near session top.
NY afternoon drove Cable off the 1.3403 pullback low to a session high at 1.3443, with the last spike bar closing near the top and RSI(14) around 66. Price holds the upper end of the day's range as the market treads water ahead of Wednesday's FOMC and UK CPI; broader 1.3380–1.3465 frame still intact.
Support: 1.3403, 1.33903
Resistance: 1.3443, 1.3465
What it said to watch
M15 close above 1.3443 opens the path to the 1.3465 range cap
Failure to hold 1.3403 returns price into the mid-range
FOMC and UK CPI Wednesday dominate the next directional move
16:16 UTC
Short-term uptrend off lows · RSI 67 · price 1.34366
Higher lows, NY leg into session high.
NY session built a higher-low chain off the 1.33908 swing low and spiked to a session high at 1.34430 into the close, RSI(14) hot near 67. Price holds above EMA20/50 around 1.3437, with the 1.34650 range cap still untested ahead of Fed and UK CPI.
Support: 1.3421, 1.3403, 1.33908
Resistance: 1.3443, 1.3465
What it said to watch
M15 close above 1.34430 opens the path toward the 1.34650 range cap
Failure to hold 1.34210 confirms loss of the recent higher-low chain
FOMC and UK CPI Wednesday dominate the next sessions and could reset this read
Higher highs off the 1.3390 base, breakout in progress.
NY session rallied off the 1.3390 base, pushing through prior highs to a session high of 1.34430 before closing at 1.34366, RSI(14) running hot near 66. Move tracks the broad 1.3300–1.3500 range with the 1.3465 cap still untested ahead of Wednesday's Fed and UK CPI.
Support: 1.3421, 1.3390
Resistance: 1.3443, 1.3465
What it said to watch
Close above 1.34430 opens the path to the 1.34650 range cap
Failure to hold 1.34210 negates the breakout and signals a return into range
UK CPI and FOMC Wednesday could materially shift this read
16:01 UTC
Rangebound, no clear direction · RSI 54 · price 1.34223
Choppy range, recovered off session low.
Cable chopped its way back from a 1.33903 London low to retest the 1.34280 session high during NY hours, RSI(14) neutral near 54. Price is pinned around 1.342 with no clean setup as traders sit on hands into Wednesday's FOMC and UK CPI double-header.
Support: 1.34075, 1.33903
Resistance: 1.3428, 1.3433
What it said to watch
M15 close above 1.34280 opens the 1.34330 prior high
Failure to hold 1.34075 reopens the 1.33903 session low
FOMC and UK CPI Wednesday could materially shift this read
Cable spent the window trapped in a 1.3390–1.3430 range, treading water into Wednesday's Fed and UK CPI. NY hours produced a pop to 1.34275 that was promptly faded back to 1.3422, RSI(14) neutral near 55 — no directional commitment ahead of the events.
Support: 1.34029, 1.33903
Resistance: 1.3428, 1.34316
What it said to watch
M15 close above 1.3431 invalidates the range top and opens 1.3465
Failure to hold 1.3390 confirms a lower low and broader range trade
US Retail Sales + FOMC Wed and UK CPI Wed could materially shift this read
15:46 UTC
Range, no clear direction · RSI 53 · price 1.34208
Choppy consolidation inside ~40-pip band.
Late NY hours and Cable is range-bound 1.3412–1.3428 after a spike to the session high at 1.34275 faded back to 1.3421. RSI(14) sits neutral near 53 with ATR around 7 pips — traders sitting on hands ahead of Wednesday's UK CPI and FOMC double-header.
Support: 1.34115, 1.34029, 1.33903
Resistance: 1.3428, 1.34314
What it said to watch
M15 close above 1.34280 reopens the 1.34314 prior high
Loss of 1.34115 swing low exposes 1.34029 then the 1.33903 range low
UK CPI and FOMC Wed could materially shift this range read
15:46 UTC
Rangebound, no clear direction · RSI 54 · price 1.34208
Choppy range, recent pop faded.
NY session pop to 1.34275 was rejected and faded back to 1.3421, keeping cable trapped in the 1.3403–1.3428 band seen over the last hours. RSI(14) sits mid-range near 54 with no momentum extension; price treading water ahead of the Fed/UK CPI event week.
Support: 1.3403, 1.33903
Resistance: 1.3428, 1.34316
What it said to watch
M15 close above 1.3428 opens a path to 1.34316
Loss of 1.3403 reopens the 1.3390 session low
FOMC and UK CPI Wed are the dominant catalysts and can override this range read
15:31 UTC
Recovery off lows, choppy · RSI 57 · price 1.34219
Rangebound, holding above 1.3390 base.
Cable round-tripped a London dip to 1.3390 and ground back up into NY hours, popping to 1.3428 before fading to 1.3422 — classic two-way chop ahead of Wednesday's Fed and UK CPI. RSI(14) near 57, no extreme; price sits mid-range above EMA20/50 with 1.3428 capping and 1.3403/1.3390 holding underneath.
Support: 1.3403, 1.3390
Resistance: 1.3428, 1.3431
What it said to watch
Close above 1.3431 opens the path back toward 1.3465
Loss of 1.3390 confirms a lower-low and reopens the range floor
FOMC + UK CPI Wednesday could materially shift this read
Intraday range, higher lows after sweep of 1.3390.
Cable round-tripped a session-low sweep near 1.3390, grinding back up through NY hours to spike 1.34275 before fading to 1.3422. RSI(14) neutral mid-50s, price holding above EMA20/50 inside a 1.3390–1.3431 range as traders sit on hands ahead of FOMC and UK CPI.
Support: 1.34075, 1.33903
Resistance: 1.34275, 1.34314
What it said to watch
M15 close above 1.34275 reopens the 1.34314 swing high
Loss of 1.34075 would resume the lower-low sequence toward 1.3390
FOMC and UK CPI Wednesday could materially shift this read
15:16 UTC
Recovery off session low, momentum picking up · RSI 64 · price 1.34272
Consolidation broken higher into NY.
Cable ground sideways near 1.3410 through the NY session before the last two bars spiked it to 1.3427, breaking the tight consolidation on the highest volume of the window. Price now sits below the 1.34314 prior high with RSI climbing into the low 60s; the move retraced most of the earlier drop to the 1.3392 session low.
Support: 1.3403, 1.3392
Resistance: 1.34314, 1.3439
What it said to watch
Acceptance above 1.34314 opens the path to the 1.3439 day high
Failure to hold 1.3403 puts the 1.3392 session low back in play
FOMC and UK CPI Wed could materially reset this range
15:15 UTC
Recovering off session low, momentum picking up · RSI 61 · price 1.34272
Range with a late-session push higher.
Cable round-tripped a drop to the 1.3390 session low and the last bar popped sharply to 1.3427, clearing the 1.3420 intraday cap on rising volume. RSI(14) mid-60s with room before extremes; price sits below the 1.3431 swing high into a Fed/UK-CPI week that has kept GBP two-way.
Support: 1.3406, 1.33903
Resistance: 1.34314, 1.34391
What it said to watch
Close above 1.34314 opens the path toward 1.34391
Failure to hold 1.34060 reopens the session low at 1.33903
FOMC and UK CPI Wednesday could materially shift this read
15:00 UTC
Rangebound, no momentum · RSI 48 · price 1.34121
Consolidation between 1.3390 and 1.3440.
Cable is chopping around 1.3412, trapped 1.3390–1.3440 through the NY session with traders sat on hands into Fed and UK CPI. Buyers stepped in near 1.3390 mid-session and the 1.3431 swing high capped the rebound; no clean setup in play.
Support: 1.3403, 1.3390
Resistance: 1.3431, 1.3440
What it said to watch
M15 close above 1.3431 opens the path back to the 1.3440 session high
Failure to hold 1.3390 confirms a lower-low and opens range extension
FOMC and UK CPI Wednesday could materially shift this read
15:00 UTC
Rangebound, two-way · RSI 47 · price 1.34121
Consolidation below session high.
Cable is chopping in a tight 1.3403–1.3431 band through NY hours, with the rally off 1.3390 stalling at the 1.3431 session high and fading back to mid-range. RSI(14) near 47 and flat — no momentum either way as traders sit on hands ahead of Wednesday's FOMC and UK CPI.
Support: 1.34029, 1.3390
Resistance: 1.34314, 1.3427
What it said to watch
M15 close above 1.3431 invalidates the range read
Failure to hold 1.34029 opens the 1.3390 session low
FOMC + UK CPI Wed could materially shift this read
Cable is ranging 1.3390–1.3431, with price drifting back to 1.3408 after the NY bounce stalled at 1.3431. RSI(14) mid-zone near 44 and price below both EMAs — indecisive chop as traders sit on hands ahead of Wednesday's FOMC and UK CPI.
Support: 1.3400, 1.33903
Resistance: 1.3424, 1.34314
What it said to watch
Loss of 1.3390 swing low opens the lower range toward 1.3380
Close back above 1.3424 swing high reasserts the NY recovery
FOMC and UK CPI Wed could materially break this range
14:45 UTC
Rangebound, drifting lower off intraday high · RSI 46 · price 1.34085
Consolidation around 1.3410 after recovery faded.
Cable recovered the early dip to 1.33903 and tagged a 1.34314 session high in NY hours before fading back to 1.34085, now coiling near 1.3410. Two-way and rangebound as traders sit on hands ahead of Wednesday's FOMC and UK CPI; no setup in play.
Support: 1.3400, 1.33903
Resistance: 1.34314, 1.34247
What it said to watch
Reclaim of 1.34314 session high reopens upside toward the 1.3465 cap
Loss of the 1.34000 round number exposes the 1.33903 swing low
FOMC and UK CPI Wednesday could materially shift this read
14:31 UTC
Ranging, no clear bias · RSI 48 · price 1.34114
Consolidation after 50% retrace of intraday bounce.
NY-session GBPUSD is chopping around 1.3410, holding the 50% retrace of the bounce off the 1.33903 session low to the 1.34314 high. Price stalled under a lower high at 1.34188 with RSI flat near 47 — no directional setup as traders sit on hands ahead of FOMC and UK CPI.
Support: 1.3406, 1.33903, 1.3400
Resistance: 1.34188, 1.34314
What it said to watch
Close above 1.34188 reopens the 1.34314 session high
Loss of 1.34060 exposes the 1.33903 swing low
FOMC Wed + UK CPI Wed could break this range decisively
14:30 UTC
Range, no clear direction · RSI 48 · price 1.34114
Ranging 1.3390–1.3431, mid-range.
Cable is hovering near 1.3411, mid the 1.3390–1.3431 intraday range, after the NY-session push to 1.34314 faded back to the 50% retracement of that leg. RSI(14) is neutral near 47, consistent with traders sitting on hands ahead of Wednesday's FOMC and UK CPI.
Support: 1.3406, 1.33903
Resistance: 1.34314, 1.3424
What it said to watch
M15 close above 1.3431 swing high opens room toward 1.3450
Loss of 1.3406 range low exposes the 1.3390 swing low
FOMC and UK CPI Wednesday could break this range decisively
14:15 UTC
Consolidation after intraday recovery · RSI 50 · price 1.34145
Ranging 1.3390-1.3431, capped below swing high.
Cable bounced off the session low at 1.3390 during the London-NY transition, pushing to 1.3431 before stalling and easing back to 1.3414. RSI(14) sits mid-range near 50 as price coils into a tight consolidation, indecisive ahead of Wednesday's CPI/FOMC double-header.
Support: 1.3408, 1.3390
Resistance: 1.3431, 1.3465
What it said to watch
M15 close above 1.3431 swing high opens the path toward the 1.3465 range cap
Failure to hold 1.3390 session low confirms a lower-low
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
14:15 UTC
Sideways, no clear direction · RSI 49 · price 1.34145
Intraday range, choppy mid-range.
Cable is chopping mid-range near 1.3414 in the NY session, having rallied off the 1.3392 session low to a 1.3431 high before fading back. Price stalled below 1.3431 and is sitting on its EMA50, with RSI flat near 49 — no setup in play ahead of Wednesday's UK CPI and FOMC.
Support: 1.3392, 1.3380
Resistance: 1.3431, 1.3465
What it said to watch
Close above 1.3431 reopens 1.3465 resistance
Break below 1.3392 confirms a lower-low toward 1.3380
UK CPI + FOMC Wed could materially shift this range read
14:01 UTC
Range, slight pullback off NY high · RSI 47 · price 1.34136
Recovery off session low, fading from 1.3431.
Cable bottomed at the 1.3390 session low and rallied through NY hours to 1.3431 before fading back to 1.3410, now sitting just under EMA20. Price is consolidating mid-range with RSI(14) neutral near 46; no clean setup in play.
Support: 1.34063, 1.33903
Resistance: 1.34314, 1.3442
What it said to watch
M15 close above 1.3431 reopens the path toward 1.3442
Loss of 1.3406 puts the 1.3390 session low back in play
UK CPI and FOMC tomorrow are the dominant risks for this pair
14:00 UTC
Range, pullback after NY rally · RSI 46 · price 1.34136
Consolidating below session high after pullback.
NY session pushed to 1.34314 then faded, with price now consolidating near 1.3414 after a dip to the 1.34063 session low. RSI(14) sits mid-range around 46 and the move stalls below the 1.3427/1.3431 supply that capped the afternoon high; Cable remains pinned near 1.3400-1.3410 into a binary FOMC/UK CPI week.
Support: 1.34063, 1.33908
Resistance: 1.34314, 1.3427
What it said to watch
M15 close above 1.34314 reopens the session high and 1.3427 supply
Break below 1.34063 confirms a lower low toward 1.33908
UK CPI and FOMC tomorrow could materially shift this read
13:46 UTC
Range, no clear momentum · RSI 47 · price 1.34101
Consolidation below intraday high after recovery off session low.
Cable bottomed at 1.33903 mid-window then recovered to 1.34314 before rejecting and drifting back to 1.3410, leaving an indecisive consolidation. Price sits below EMA20/50 with RSI mid-range, in line with the digest's flat 1.3400-1.3410 hold into a binary CPI/FOMC week.
Support: 1.34063, 1.3400, 1.33903
Resistance: 1.34247, 1.34314
What it said to watch
M15 close above 1.34314 session high reopens the upside toward range cap
Loss of 1.34063 swing low and 1.3400 round number exposes the 1.33903 session low
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
13:45 UTC
Ranging, two-way · RSI 46 · price 1.34101
Intraday range, mid-range pullback.
Cable is consolidating near 1.3410, having round-tripped a push to the session high at 1.3431 during NY hours back into the middle of the 1.3392-1.3431 range. RSI(14) sits mid-zone and ATR is compressed near 5 pips, reflecting indecisive trade as the market squares into UK CPI and FOMC.
Support: 1.34063, 1.33908, 1.3380
Resistance: 1.34314, 1.3424, 1.3465
What it said to watch
M15 close above 1.34314 reopens the path toward 1.3465
Break below 1.34063 exposes the 1.33908 swing low
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
13:31 UTC
Range, pulling back off session high · RSI 44 · price 1.34094
NY rally to 1.3431 rejected, retracing into range.
NY-hours rally stalled at 1.34314 and price has rolled back below EMA20 toward 1.3409, mid the 1.3390–1.3431 intraday range. RSI(14) sits neutral near 44 with Cable broadly stalling below 1.3465 ahead of UK CPI and FOMC on Wednesday.
Support: 1.34068, 1.33903
Resistance: 1.34314, 1.3465
What it said to watch
Close back above 1.34314 reopens the 1.3465 range cap
Loss of 1.33903 confirms a lower-low and opens broader range trade
UK CPI Wed 06:00 UTC and FOMC could materially reset this read
13:31 UTC
Range, no clear direction · RSI 45 · price 1.34094
Intraday consolidation 1.3390-1.3431.
Cable is ranging 1.3390-1.3431 with price drifting back to 1.3409 near mid-NY, doji-style consolidation as traders square into the FOMC week. The recovery off 1.3390 stalled at the 1.3431 session high; price now sits around the 50% retrace of that bounce, below EMA20.
Support: 1.3400, 1.3390
Resistance: 1.3431, 1.3424
What it said to watch
M15 close above 1.3431 reopens upside toward 1.3465
Loss of 1.3390 confirms a lower-low and broadens the range
UK CPI Wed 06:00 UTC and FOMC Wed could materially shift this read
13:16 UTC
Rangebound, no clear bias · RSI 50 · price 1.34161
Consolidation between 1.3408 and 1.3431.
NY session has GBPUSD pinned near 1.3416 after the 1.3431 swing high was rejected and price retraced half its bounce off the 1.3392 session low. RSI(14) sits flat near 50 — indecisive consolidation as traders square into tomorrow's UK CPI and the FOMC decision.
Support: 1.3408, 1.3392, 1.3380
Resistance: 1.3431, 1.3445
What it said to watch
M15 close above 1.3431 reopens the path to the 1.3445 prior high
Failure to hold 1.3408 confirms a lower-low toward the 1.3392 session low
UK CPI Wed 06:00 UTC and FOMC could materially shift this range read
13:16 UTC
Ranging, momentum flat · RSI 48 · price 1.34161
Consolidation after intraday rally stalled below session high.
NY session pushed off the 1.33903 base to a 1.34314 session high then faded back to 1.34161, RSI(14) cooling to the mid-40s. Price is mid-range with EMA20 capping just overhead; choppy consolidation as traders square into Wednesday's UK CPI and FOMC.
Support: 1.34074, 1.33903
Resistance: 1.34314, 1.34246
What it said to watch
M15 close below 1.34074 opens 1.33903 session low
Reclaim of 1.34314 session high needed to resume upside
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
13:01 UTC
Rangebound, pulled back from session high · RSI 47 · price 1.34147
Range within 1.3390–1.3431, mid-range.
Cable rallied off the 1.3392 low through the NY session to a session high at 1.34314, then faded back to 1.34076 and is now hovering near 1.34147 below the EMA20. Rangebound and de-risking into Wednesday's UK CPI and FOMC; no setup in play.
Support: 1.34076, 1.3392
Resistance: 1.34314, 1.34247
What it said to watch
M15 close above 1.34314 reopens the 1.3460 range top
Break below 1.34076 exposes the 1.3392 range low
UK CPI Wed 06:00 UTC and FOMC later same day could reset this range
Intraday range 1.3390–1.3431, pullback in progress.
Cable rallied off the 1.3390 session low into NY hours to tag 1.3431, then faded the move back to 1.3415 with RSI(14) cooling to mid-40s. Price now hovers at the 50% retrace of that leg as GBP sits trapped near 1.3400 ahead of the Fed/UK CPI gauntlet.
Support: 1.34076, 1.3400, 1.33903
Resistance: 1.34314, 1.3427
What it said to watch
M15 close above 1.3431 reopens the session high
Loss of 1.34076 confirms a lower-low back toward 1.3390
UK CPI Wed 06:00 UTC and FOMC later could materially shift this read
Rallied off session low, rejected at 1.3431, retracing.
Cable rallied off the 1.3390 London low to reject 1.3431 during NY hours, then gave back roughly half the move to sit near 1.3410. RSI(14) neutral around 45 and price slipped back under EMA20 as the leg stalls; demand defended 1.3407 on the latest dip.
Support: 1.3407, 1.3390, 1.3400
Resistance: 1.3431, 1.3444
What it said to watch
Close below 1.3407 confirms a lower-low and opens 1.3390
Reclaim of 1.3431 reasserts the intraday rally
Traders de-risking into Wed FOMC/UK CPI keeps a lid on range extremes
12:45 UTC
Intraday pullback off session high · RSI 45 · price 1.34109
Rally from 1.3390 low faded back into mid-range.
Cable rallied off the 1.3390 session low to a high of 1.34314 during the London-NY transition, then faded back to 1.34109 as traders de-risk into Wednesday's FOMC and UK CPI. RSI(14) has cooled to the mid-40s and price has slipped back below EMA20, sitting mid-range.
Support: 1.3406, 1.3390
Resistance: 1.3424, 1.34314
What it said to watch
M15 close below 1.34060 confirms a lower low and reopens the 1.3390 session low
Reclaim of 1.34314 puts the session high back in play
FOMC Wed and UK CPI Wed dominate the next sessions and can break this range
12:31 UTC
Range, recent pullback · RSI 46 · price 1.34126
Round-trip day, NY rally fading.
Cable round-tripped the day inside 1.3390–1.3431; NY session pushed to 1.34314 then faded back below EMA20, now sitting at 1.3413 with RSI(14) neutral near 46. Move sits on the 50% retrace of the NY rally with the session low at 1.34076 the next reference.
Support: 1.34076, 1.33998, 1.33903
Resistance: 1.34314, 1.34443
What it said to watch
M15 close below 1.34076 confirms a lower-low and exposes 1.33998
Reclaim of 1.34314 reopens the 1.3444 range top
UK CPI and FOMC Wed dominate the next session's read
Intraday range 1.3390–1.3431, rejection off session high.
Cable rejected the 1.34314 session high during NY hours and has faded to 1.3413, dipping under EMA20 with RSI(14) neutral near 46. Price is round-tripping inside the 1.3390–1.3431 intraday range as traders sit on hands into Wednesday's Fed and UK CPI.
Support: 1.34076, 1.3400, 1.33903
Resistance: 1.34314, 1.34443
What it said to watch
Close below 1.34000 / 1.33903 confirms a lower low and opens the low-1.33s
Close above 1.34314 reopens the 1.3444 range top
UK CPI Wed 06:00 UTC and FOMC later that day could materially shift this read
Cable rallied off 1.3392 into the London-NY transition, tagged a session high at 1.3431 and was rejected, retracing to 1.3414 — roughly the 50% of that leg. RSI(14) neutral near 49; the 1.3400 pivot still defines the range awaiting Wed's UK CPI/Fed cluster.
Support: 1.3400, 1.3392, 1.3375
Resistance: 1.3431, 1.3444
What it said to watch
M15 close above 1.3431 reopens the path to the 1.3444 prior high
Loss of the 1.3400 pivot reopens 1.3392 swing low
US Housing Starts/Permits 12:30 UTC could jolt the next bars
12:16 UTC
Range-bound around 1.3400 pivot · RSI 48 · price 1.34142
Recovery off 1.3390 stalled at 1.3431, now retracing.
Cable is pinned in its 1.3390–1.3445 range, holding the 1.3400 pivot as traders square into UK CPI and the Fed. The NY-session push to 1.34314 was rejected and price is now retracing toward the 50% fib of the 1.3390–1.3431 leg near 1.3411.
Support: 1.34009, 1.33903
Resistance: 1.34247, 1.34314, 1.34443
What it said to watch
M15 close below 1.34009 reopens the session low at 1.33903
Close above 1.34314 puts the 1.34443 day high back in play
UK CPI Wed 06:00 GMT and Fed Wed could break the 1.3400 range
Cable recovered off the 1.3390 session low through the London-NY overlap and tagged 1.34314 before getting rejected, the last bar shedding ~10 pips back to 1.34133. Still pinned inside its broader 4-week range around the 1.3400 pivot, with the dollar holding firm into the Fed; RSI(14) back near neutral.
Support: 1.3400, 1.33903
Resistance: 1.34314, 1.34443
What it said to watch
M15 close below 1.3400 pivot opens the low-1.33s
Reclaim of 1.34314 session high resumes the recovery leg
UK CPI Wed and FOMC could materially shift this read
12:00 UTC
Range-bound, pullback in progress · RSI 48 · price 1.34133
Recovered off lows, rejected at session high.
Cable rejected the session high at 1.3431 and pulled back to 1.3413, holding the 1.3400 pivot inside its multi-day range with the dollar firm near DXY 99.70 into the Fed. RSI(14) neutral near 48 after the rally off the 1.3390 swing low.
Support: 1.3400, 1.33903
Resistance: 1.34314, 1.3442
What it said to watch
M15 close above 1.3431 reopens the path to the 1.3442 prior high
Failure to hold the 1.3400 pivot exposes the 1.3390 swing low
UK CPI Wed 06:00 GMT could materially shift this read
Double bottom at 1.3390, higher lows into 1.3431 cap.
Cable carved a double bottom near 1.3390 and recovered on a rising support line through the NY session, stalling on rejection at the 1.3431 session high; RSI(14) sits mid-50s. Now consolidating near 1.3420, holding above the 1.3400 pivot.
Support: 1.3400, 1.3390
Resistance: 1.3431, 1.3444
What it said to watch
M15 close above 1.3431 session high opens 1.3444 prior high
Loss of the 1.3400 pivot reopens the 1.3390 session low
UK CPI Wed 06:00 GMT could reset this range entirely
Bounced from 1.3390 base, easing back to 1.3400 pivot.
Cable carved a double bottom at 1.3390 through the European session and rallied back to 1.3431 in early NY before easing to 1.3420 around the 1.3400 pivot. RSI(14) is neutral near 54 with the move stalling under the 1.3431 NY high; the Dollar held firm near DXY 99.70 ahead of the Fed.
Support: 1.3400, 1.3390
Resistance: 1.3431, 1.3444
What it said to watch
M15 close below 1.3390 confirms a lower low and negates the double bottom
Break above 1.3431 reopens the 1.3444 prior high
UK CPI Wed 06:00 GMT and FOMC could materially shift this read
Double bottom near 1.3390, higher highs into 1.3431.
Cable carved a double bottom near 1.3390 through the European morning and recovered to a session high of 1.34314 before easing back to 1.3420, holding above EMA20/50. The 1.3400 pivot is reclaimed; price sits mid-range with RSI(14) neutral near 59 ahead of Wednesday's UK CPI and Fed.
Support: 1.3400, 1.33903
Resistance: 1.34314, 1.34443
What it said to watch
Close above 1.34314 session high extends the recovery toward the 1.3445 prior high
Failure to hold 1.3400 psych reopens the 1.3390 session low
UK CPI Wed 06:00 GMT and Fed Wed could materially shift this read
11:31 UTC
Recovery off session low, pulling back · RSI 56 · price 1.34218
Double bottom at 1.3390, higher highs into 1.3431.
Cable carved a double bottom near 1.3390 through the London session and rallied to a session high of 1.34314 before easing back to 1.34218, holding above EMA20/50. RSI(14) near 56 — room either way as price sits mid-range around the 1.3400 pivot ahead of Wednesday's UK CPI and the Fed.
Support: 1.34146, 1.3390
Resistance: 1.34314, 1.34443
What it said to watch
Close above 1.34314 opens the path back to the 1.3444 prior high
Loss of 1.34146 higher low reopens the 1.3390 session low
UK CPI Wed and Fed Wed could materially shift this read
11:16 UTC
Recovery off session low, momentum building · RSI 58 · price 1.34268
Higher lows since overnight base, retesting session high.
London session has lifted Cable off the overnight 1.3390 double-bottom back to the session high at 1.3431, with RSI(14) in the mid-50s. Price is holding above the 1.3400 pivot inside its broader range; UK CPI tomorrow is the next catalyst.
Support: 1.34146, 1.3390
Resistance: 1.34314, 1.3444
What it said to watch
A close back below 1.34146 reopens the 1.3390 session low
Reclaiming 1.34314 puts the 1.3444 prior high in play
UK CPI Wed 06:00 GMT and Fed later that day can override this intraday read
Cable based around 1.3390 through the late-Asia/early-London hours, then climbed to 1.3427 into the London session before stalling. Price is consolidating just under that session high near 1.3424 with RSI(14) mid-range; 1.3415 has held on the pullback.
Support: 1.3415, 1.3400, 1.3390
Resistance: 1.3427, 1.3444
What it said to watch
M15 close above 1.3427 opens the path back toward 1.3444
Failure to hold 1.3415 reopens the 1.3400 pivot
UK CPI Wed 06:00 GMT and Fed/BoE are the dominant catalysts ahead
Cable based twice around 1.3390 during the European session and ground higher through NY, reclaiming the 1.3400 pivot and stalling at the 1.3427 session high. RSI mid-range with no extreme; price holds above EMA20/50 as it consolidates below the cap into Wednesday's UK CPI.
Support: 1.3415, 1.3400, 1.3390
Resistance: 1.3427, 1.3444
What it said to watch
Close above 1.3427 opens the path to 1.3444
Failure to hold 1.3415 risks a retest of the 1.3390 session low
Cable recovered off an early-London low near 1.3390 back to 1.3427, now consolidating near 1.3419 with RSI(14) easing toward the mid-50s. Price holds above EMA20/50 but stays pinned inside its 1.3400 range; the session high at 1.3427 capped the bounce.
Support: 1.34146, 1.33903, 1.3400
Resistance: 1.3427, 1.34443
What it said to watch
M15 close above 1.3427 session high reopens the 1.3444 prior high
Failure to hold 1.3415 pullback low exposes the 1.3390 swing low
UK CPI Wed 06:00 GMT could break this range
10:46 UTC
Downswing recovered, now consolidating · RSI 55 · price 1.34186
Swing low at 1.3390, higher lows building back.
Cable sold off from 1.3444 to a 1.3390 swing low through the London session, then recovered to 1.3427 and is now consolidating near 1.342 around the 1.3400 pivot. Pair remains range-bound, with buyers stepping in twice at the 1.3390 base; UK CPI Wednesday keeps it two-way.
Support: 1.3415, 1.3390
Resistance: 1.3427, 1.3444
What it said to watch
Close above 1.3427 opens the path back to the 1.3444 prior high
Failure to hold 1.3415 reopens the 1.3390 swing low
UK CPI Wed 06:00 GMT could materially shift this read
10:31 UTC
Recovering off intraday low · RSI 56 · price 1.34211
Double bottom near 1.3390, higher lows since.
London session put in a double bottom near 1.3390 and Cable has clawed back to the 1.3427 session high before easing to 1.3421, RSI(14) mid-range with no extreme. The 1.3400 pivot held on the bounce; price now sits between recent swing-low support and the session high cap.
Support: 1.34146, 1.3400, 1.3390
Resistance: 1.3427, 1.34443
What it said to watch
M15 close above 1.3427 extends the recovery toward the 1.3444 prior high
Loss of 1.34146 then 1.3400 reopens the 1.3390 double-bottom low
UK CPI Wed 06:00 GMT is the next major catalyst for this read
10:30 UTC
Recovering off session low, short-term up · RSI 57 · price 1.34211
Higher lows since 06:30 UTC low, pullback from session high.
Cable bottomed near 1.3390 around 06:30 UTC and climbed through London to a session high of 1.3427, with sellers capping there before a shallow dip to 1.3415. Price now 1.3421, holding above EMA20/50 in a tidy higher-low sequence; the 1.3400 pivot still defines the broader 4-week range.
Support: 1.34146, 1.3400, 1.33903
Resistance: 1.3427, 1.3440
What it said to watch
Close above 1.3427 session high extends the recovery toward 1.3440
Loss of 1.34146 pullback low breaks the higher-low sequence
UK CPI Wed 06:00 GMT could materially shift this read
10:16 UTC
Recovery off the lows, momentum cooling · RSI 51 · price 1.3415
Double bottom near 1.3390, retracing the bounce.
Cable carved a double bottom near 1.3390 through the Asian session and rallied to a session high of 1.3427 into the London open, now fading to 1.3415. RSI mid-range and ATR around 8 pips flag quiet, two-way conditions as the market squares into UK CPI Wednesday.
Support: 1.3400, 1.3390
Resistance: 1.3427, 1.3440
What it said to watch
M15 close above 1.3427 opens the path toward the 1.3440 prior high
Failure to hold the 1.3400 pivot reopens the 1.3390 swing low
London session lifted Cable off the 1.3390 swing low to a session high at 1.3427, where it was rejected and is now retracing toward the 1.3400 pivot. RSI(14) back to neutral near 51 as the bounce stalls; price stayed pinned inside its multi-day range around 1.3400 with the Dollar firm into the Fed.
Support: 1.3400, 1.33903
Resistance: 1.3427, 1.34443
What it said to watch
M15 close above 1.3427 reopens the 1.3445 prior high
Failure to hold 1.3400 risks a retest of the 1.3390 swing low
UK CPI Wed 06:00 GMT can override this intraday read
GBPUSD based at a 1.3390 double bottom and recovered through London hours to a 1.3427 session high before easing back to 1.34158. Price is hovering around the 1.3400 pivot inside its multi-week range, RSI(14) neutral near 52 — no setup in play ahead of UK CPI Wed.
Support: 1.3400, 1.3390
Resistance: 1.3427, 1.3444
What it said to watch
M15 close below 1.3390 breaks the double bottom and exposes the low-1.33s
Reclaim of the 1.3427 session high reopens 1.3440
UK CPI Wed 06:00 GMT could materially shift this range read
Double bottom at 1.3390, retraced into 1.3424 then pulled back.
Cable bled through the London session to a session low of 1.3390, formed a double bottom, then recovered into 1.3424 — roughly the 61.8% retrace of the prior drop — before easing back to 1.3416 around the 1.3400 pivot. RSI(14) has cooled from the bounce as the pair stays pinned near 1.3400 ahead of UK CPI.
Support: 1.3400, 1.3390
Resistance: 1.3427, 1.3444
What it said to watch
M15 close above 1.3427 reopens the 1.3444 session high
Loss of 1.3390 confirms a fresh lower low
UK CPI Wed 06:00 GMT could materially shift this read
Cable based twice near 1.3390 in the Asian/early-London hours and ran back to a session high of 1.3427 before fading to 1.34187. Price now hovers above the 1.3400 pivot, RSI mid-range after cooling from the rally; recovery structure intact while the 1.34146 swing low holds.
Support: 1.34146, 1.3400, 1.33903
Resistance: 1.3427, 1.34443
What it said to watch
M15 close below 1.34146 breaks the higher-low chain
Loss of the 1.3400 pivot reopens 1.3390 session low
UK CPI Wed 06:00 GMT and Fed/BoE this week can override this intraday read
Based at 1.3390, higher lows building off the low.
Cable bled lower through the prior session to a 1.3390 double-bottom base, then recovered to a session high of 1.3427 before pulling back to 1.3418. Price is grinding around the 1.3400 pivot inside its multi-day range, with RSI(14) cooling off the bounce.
Support: 1.3415, 1.3400, 1.3390
Resistance: 1.3427, 1.3444
What it said to watch
Close above 1.3427 session high opens the path to 1.3444 prior high
Loss of 1.3415 pivot and 1.3400 round number reopens the 1.3390 session low
UK CPI Wed 06:00 GMT and Fed Wed are the dominant catalysts ahead
Cable carved a double bottom near 1.3390 in the Asia-into-London window and recovered through London hours to a session high at 1.3427, holding above EMA20/50. RSI(14) near 59 has cooled from the push, with price stalling just under the session high.
Support: 1.3400, 1.33903
Resistance: 1.3427, 1.3444
What it said to watch
M15 close above 1.34270 opens the path toward the prior high at 1.3440
Failure to hold 1.34000 reopens the 1.3390 swing low
UK CPI Wed 06:00 GMT and FOMC same day are the next catalysts for this pair
Double bottom at 1.339, building higher lows into London.
Cable carved a double bottom near 1.3390 in the Asia session and recovered through London, printing higher lows and tagging a session high at 1.3427 before easing to 1.3421. Price holds above EMA20/50 with RSI(14) around 61 — constructive intraday structure but capped at 1.3427 for now.
Support: 1.3409, 1.33903
Resistance: 1.3427, 1.34443
What it said to watch
M15 close above 1.3427 opens the path back toward 1.3444
Loss of 1.3409 reopens the 1.339 double-bottom region
UK CPI Wed 06:00 GMT and FOMC could materially shift this read
09:16 UTC
Recovering off session low, momentum building · RSI 64 · price 1.34241
Double bottom at 1.3390, higher highs into London.
Cable carved a double bottom near 1.3390 overnight and has climbed through the London morning, posting higher highs into 1.3424 with price back above EMA20/50. RSI(14) around 64, hot but not extreme; recovery intact while 1.3400 holds.
Support: 1.3400, 1.3390
Resistance: 1.3424, 1.3444
What it said to watch
Loss of 1.3400 reopens the 1.3390 double-bottom zone
Close above 1.3424 session high extends the recovery toward 1.3444
UK CPI Wed 06:00 GMT and FOMC could materially reset this read
09:15 UTC
Intraday recovery, momentum building · RSI 65 · price 1.34241
Higher highs and higher lows off the 1.3390 base.
London session has ground steadily higher off a double-bottom base near 1.3390, reclaiming 1.3400 and pressing the session high at 1.3425 with Cable round-tripping back into its range ahead of Wednesday's FOMC. RSI(14) near 65, firm but not stretched.
Support: 1.3410, 1.3390
Resistance: 1.3425, 1.3440
What it said to watch
Close above 1.3425 session high opens the path to 1.3440
Failure to hold 1.3410 reopens the 1.3390 swing low
UK CPI tomorrow 06:00 GMT is the next domestic catalyst into BoE
09:01 UTC
Recovery off lows, momentum building · RSI 64 · price 1.34188
Double bottom near 1.3390, higher highs into London.
Cable carved a double bottom near 1.3390 through the Asian session and recovered across London, printing higher highs to a session high at 1.3421; RSI(14) mid-60s, no extreme. The bounce follows a round-trip back to ~1.3400 with traders squaring into Wednesday's FOMC.
Support: 1.3400, 1.33903
Resistance: 1.34211, 1.34443
What it said to watch
M15 close above 1.3421 extends the recovery toward 1.3444
Loss of 1.3400 reopens the 1.3390 double-bottom low
UK CPI Wed 06:00 GMT could materially shift this read
Cable carved a double bottom near 1.3390 through the Asian session, then the London open lifted price back to a session high at 1.3421, RSI(14) around 61. Move keeps the entire US-Iran ceasefire round-trip back near 1.3400 intact ahead of Wednesday's FOMC.
Support: 1.3400, 1.3390
Resistance: 1.3421, 1.3444
What it said to watch
Loss of 1.3390 double bottom confirms a fresh lower low
Reclaim of 1.3444 prior high reopens the 10-day high
UK CPI Wed 06:00 GMT and FOMC Wed are the next catalysts
08:46 UTC
Recovery off session low, momentum building · RSI 64 · price 1.34209
Double bottom at 1.3390, higher lows into London.
Cable bottomed twice near 1.3390 in late Asia and has ground higher through the London session, now testing the 1.3425 prior-swing area with RSI(14) around 63. Higher lows since 1.3406 keep the recovery intact; the move retraces just over half of the prior 1.3444-1.3390 slide.
Support: 1.3406, 1.33903
Resistance: 1.3425, 1.3433
What it said to watch
M15 close above 1.3425 opens the path to the 1.3433 midday high
Failure to hold 1.3406 recovery low reopens the 1.3390 swing low
UK CPI Wed 06:00 GMT and FOMC same day could override this intraday read
Cable carved a rounded base at 1.3390 through the Asian session and is grinding higher into London, now 1.3421 with RSI(14) mid-60s. Recovery sits inside the broader sub-1.3469 range; 1.3429 prior pivot is the next overhead area to watch.
Support: 1.3404, 1.33903
Resistance: 1.3429, 1.34443
What it said to watch
M15 close above 1.3429 extends the recovery toward 1.3444
Failure to hold 1.3404 reopens the 1.3390 swing low
UK CPI Wed 06:00 GMT and FOMC same day can override this read
08:31 UTC
Recovering off session low · RSI 61 · price 1.34179
Double bottom, bounce in progress.
Cable carved a double bottom near 1.3390 overnight and the London session has rallied it back to 1.34186, roughly the 50% retrace of the prior decline from 1.3444. Price holds above EMA20/50 with RSI(14) mid-range; still capped sub-1.3445 ahead of Wednesday's UK CPI and FOMC.
Support: 1.33903, 1.3400
Resistance: 1.34186, 1.34443
What it said to watch
Close above 1.34186 session high opens the 1.3444 prior high
Failure to hold 1.3390 confirms a lower low
UK CPI Wed 06:00 GMT and FOMC could materially shift this read
08:31 UTC
Recovery, higher lows building · RSI 64 · price 1.34179
Double bottom at 1.3390, micro-uptrend off the base.
Cable bled through London to a 1.3390 base, double-bottomed and ground back up to 1.3418 on a chain of higher lows. RSI(14) around 64, firm but not stretched; price holding above both EMAs after the round-trip back to ~1.34.
Support: 1.3400, 1.3390
Resistance: 1.3420, 1.3434
What it said to watch
Close above 1.3420 opens the path to 1.3434 prior high
Failure to hold 1.3400 reopens the 1.3390 base
UK CPI Wed 06:00 GMT and FOMC could materially shift this read
08:16 UTC
Downtrend, recovering off lows · RSI 59 · price 1.34154
Swing low printed at 1.3390, recovery into range.
Cable bled from 1.3444 through the session down to a double-bottom at 1.3390, then recovered through London hours to reclaim the 1.3400 round number and press 1.3416. GBP has given back its US-Iran ceasefire pop, parking near 1.34 into Wednesday's UK CPI and FOMC.
Support: 1.3390, 1.3400
Resistance: 1.3416, 1.3444
What it said to watch
M15 close above 1.3416 session high opens 1.3444 prior high
Loss of 1.3390 asia low confirms a lower-low toward low-1.33s
UK CPI Wed 06:00 GMT could break this range either way
Cable bled lower through the Asian session from 1.3444 to a 1.3390 session low, where price carved a double bottom into the London open. Recovery has reclaimed EMA20 and pushed back to the 1.34168 session high, RSI(14) firming near 63. Move retraced roughly half of the prior decline.
Support: 1.3390, 1.3403
Resistance: 1.34168, 1.34443
What it said to watch
Close above 1.34168 session high opens path to the 1.34443 prior high
Break below 1.3390 session low invalidates the double bottom
UK CPI Wed 06:00 GMT and FOMC later could materially shift this read
Cable bled lower through the session to a 1.3390 low, double-bottomed there and recovered into the London morning toward 1.3412, RSI(14) lifting to ~61. Price holds a tight range sub-1.3469 as the digest notes traders park risk ahead of UK CPI and FOMC Wednesday.
Support: 1.3404, 1.33903
Resistance: 1.34126, 1.34178, 1.34443
What it said to watch
Close above 1.34178 extends the recovery toward 1.3444
Failure to hold 1.3390 session low reopens low-1.33s
UK CPI Wed 06:00 GMT and FOMC could materially shift this read
Double bottom near 1.3390, recovering off session low.
Cable bled lower through the Asian session from 1.343 to a double bottom near 1.3390, then bounced ~20 pips into the London open, reclaiming 1.3400. RSI(14) recovering off lows; price round-tripped its earlier move and sits range-bound sub-1.3469 with FOMC and UK CPI ahead.
Support: 1.3400, 1.33903
Resistance: 1.34178, 1.34256
What it said to watch
Reclaim and hold above 1.34178 would extend the bounce toward 1.3425
Failure to hold 1.3400 reopens the 1.3390 double bottom
UK CPI Wed 06:00 GMT and FOMC Wed 18:00 GMT can override this intraday read
07:46 UTC
Downtrend, bouncing off lows · RSI 58 · price 1.3410
Double bottom near 1.3390, recovering into London.
Cable carved a double bottom at 1.3390 through the Asia-London handover and has clawed back to 1.3412, stalling at the prior session high and the 38.2% retrace of the slide from 1.3444. USD softness post US-Iran deal underpins the bounce, but the move is contained in a tight ~7-pip ATR range ahead of central-bank week.
Support: 1.3390, 1.3403
Resistance: 1.3412, 1.3434
What it said to watch
M15 close above 1.3412 opens the path back to 1.3434
Failure to hold 1.3390 confirms a fresh lower-low
UK CPI Wed 06:00 UTC could materially shift this read
Lower highs into 1.3390 low, recent reclaim of 1.3400.
Cable bled lower through the session from the 1.3444 high to a low at 1.3390, then snapped back over the last ~90 minutes to 1.3410 on broad USD softness post the US-Iran deal. RSI(14) has recovered from the lows to ~61 as price reclaimed the 1.3400 round number; the descending swing high at 1.3416 is the immediate cap.
Support: 1.3400, 1.3390
Resistance: 1.3416, 1.3444
What it said to watch
Close above 1.3416 swing high would extend the bounce toward 1.3444
Failure to hold 1.3400 reopens the 1.3390 session low
US Housing Starts 12:30 UTC could nudge USD and this range
07:31 UTC
Intraday downtrend, bounce in play · RSI 56 · price 1.34085
Double bottom off session low, recovering.
Cable sold off through Asia and into early London, bottoming twice near 1.3390 to form a double bottom before a sharp recovery back through 1.3400. RSI(14) lifting off lows around 56 as price reclaims the EMAs; recent high at 1.34120 is the immediate cap.
Support: 1.3400, 1.33903
Resistance: 1.3412, 1.34178
What it said to watch
Close above 1.34178 swing high would break the intraday downtrend structure
Failure to hold 1.34000 round number reopens the 1.33903 session low
UK CPI Wed 06:00 UTC could materially shift this read
07:31 UTC
Downtrend stalling, bouncing off base · RSI 58 · price 1.34085
Lower highs into a flat 1.3390 base, early recovery.
Cable bled lower through the Asia and early-London hours from 1.3444 to a 1.3390 base, where buyers stepped in twice. The last few bars reclaimed 1.3408 with RSI(14) recovering off oversold, but 1.3412 session resistance still caps.
Support: 1.3390, 1.3380
Resistance: 1.3412, 1.3418, 1.3426
What it said to watch
M15 close above 1.3418 invalidates the lower-high sequence
Loss of 1.3390 confirms a fresh lower low
UK CPI Wed 06:00 UTC could materially shift this read
London open lifted Cable off the 1.3390 session low, which held on three tests, toward the 1.34063 session high. The wider 24h window is a downtrend of lower highs from 1.3444; RSI has recovered to neutral as the bounce develops.
Support: 1.33903, 1.33953
Resistance: 1.34063, 1.3414, 1.34178
What it said to watch
Close above 1.34140 breaks the descending lower-high sequence
Failure to hold 1.33903 confirms a lower low
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
Lower lows into 1.3390, recent recovery off double bottom.
London morning: Cable carved a double bottom near 1.3390 overnight and rallied to 1.34063 before easing back to 1.3403. RSI cooled from the bounce to mid-50s; price reclaimed EMA20 but sits below EMA50, keeping the prior downtrend intact while support holds.
Support: 1.3400, 1.33903
Resistance: 1.34063, 1.3414
What it said to watch
M15 close above 1.34063 extends the bounce toward the 1.34140 swing high
Failure to hold 1.3390 session low confirms a fresh lower low
UK CPI Wed 06:00 UTC could materially shift this read
07:01 UTC
Downtrend, bouncing off lows · RSI 47 · price 1.34008
Lower highs / lower lows, session low rejected.
London session has Cable grinding down from 1.3444 to a session low at 1.339 amid post-Iran-deal USD chop, then bouncing back to 1.34008 in the latest bar. RSI(14) near 47, recovering off the low; the descending sequence of lower highs is still intact below 1.34165.
Support: 1.33903, 1.3385
Resistance: 1.3406, 1.34165, 1.3427
What it said to watch
M15 close above 1.34165 breaks the lower-high sequence
Failure to hold 1.33903 opens the low-1.33s
UK CPI Wed 06:00 UTC could materially shift this read
Cable trended lower through the window, printing a session low at 1.3390 late Asia before the London open reclaimed the 1.3400 round number. RSI(14) recovered toward neutral on the bounce, but the descending sequence of lower highs from yesterday's 1.3444 still caps rallies near 1.3414.
Support: 1.3400, 1.3390
Resistance: 1.3414, 1.3420, 1.3444
What it said to watch
M15 close above 1.3414 breaks the sequence of lower highs
Failure to hold 1.3390 confirms a fresh lower low
US Housing Starts 12:30 UTC could shift the USD-side read
Cable ground lower through the Asian session to a fresh low at 1.3390 before a shallow bounce, holding the broad USD-softness backdrop but capped below the 50-dma. Price now consolidating 1.3390–1.3401 into London hours, RSI(14) mid-40s with no extreme.
Support: 1.3390, 1.3340
Resistance: 1.3406, 1.3416
What it said to watch
M15 close above 1.3406 breaks the lower-high sequence
Failure to hold 1.3390 confirms continuation lower
UK CPI Wed 06:00 UTC could materially shift this read
Cable ground lower through the London session, posting fresh lows at 1.33903 after rolling off 1.3414, consistent with GBP slipping toward the low-1.33s while capped well below the 50-dma. RSI(14) near 38 — soft but not extreme — and price holds below both EMAs.
Support: 1.33903, 1.3385
Resistance: 1.33994, 1.3406, 1.34178
What it said to watch
Sustained M15 close below 1.33903 confirms the next lower-low
Reclaim of 1.34060 needed to challenge the descending structure
UK CPI Wed 06:00 UTC is the dominant catalyst for the next sessions
Cable drifted lower through Asia into the London open, printing a fresh session low at 1.33908 with RSI(14) mid-30s and no reversal signal yet. Move sits within a clean descending channel; price capped well below the 1.3469 50-dma the digest flags as resistance.
Support: 1.33908, 1.3380
Resistance: 1.3401, 1.3406, 1.34178
What it said to watch
Failure to hold 1.33908 opens the low-1.33s
M15 close back above 1.34060 breaks the descending channel
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
Cable ground steadily lower through the Asia-into-London window, printing a fresh session low at 1.33908 as the earlier US-Iran risk-on USD softness faded. Price sits below EMA20/50 with RSI(14) near 39; the 1.34000 round number now caps as resistance.
Support: 1.33908, 1.3380
Resistance: 1.3400, 1.34062, 1.3416
What it said to watch
Reclaim of 1.34000 round number would neutralise the lower-high sequence
Loss of 1.33908 swing low confirms continuation toward the low-1.33s
UK CPI Wed 06:00 UTC could materially shift this read
Cable ground steadily lower through the NY-Asia overnight, printing a fresh session low at 1.33914 with price below EMA20/50 the whole way. A bounce to 1.34010 was rejected before the slide resumed; RSI(14) near 36, soft but not yet extreme. Moves stay contained ahead of central-bank week.
Support: 1.33914, 1.3380
Resistance: 1.3404, 1.3416
What it said to watch
M15 close back above 1.34040 would break the lower-high sequence
Failure to hold 1.33914 confirms continuation of the lower lows
UK CPI Wed 06:00 UTC could materially shift this read
06:16 UTC
Downtrend, near session lows · RSI 37 · price 1.33918
Lower highs, lower lows intact.
GBPUSD ground lower through NY into the Asia session, sliding from 1.3445 to fresh session lows at 1.3391 with price pinned under EMA20 and EMA50. Each bounce capped at successively lower highs; 1.34040 is the nearest shelf, RSI(14) at 36 with no oversold extreme yet.
Support: 1.33908, 1.3385
Resistance: 1.3404, 1.34178
What it said to watch
Loss of 1.33908 confirms continuation of the lower-low chain
M15 close back above 1.34040 challenges the descending resistance read
UK CPI Wed and central-bank week could materially shift this read
Lower highs and lower lows into fresh session low.
Cable ground steadily lower through the Asian session to a fresh session low at 1.3391, extending the M15 downtrend with price pinned below EMA20 and EMA50. Despite broad USD softness from the US-Iran risk-on move, GBP found no traction here — supply has capped every bounce, the latest near 1.3414. RSI in the mid-30s with price stalling at the lows.
Support: 1.3391
Resistance: 1.3404, 1.3414, 1.3438
What it said to watch
Reclaim of 1.3404 round number would ease the downtrend read
Loss of 1.3391 session low confirms continuation lower
US Housing Starts 12:30 UTC could shift USD tone into London
06:01 UTC
Downtrend, steady · RSI 38 · price 1.3396
Lower highs, lower lows.
GBPUSD ground lower through Asian hours, breaking the 1.3400 psych level and printing a fresh low at 1.3391 with USD softer post US-Iran deal yet to lift Cable. RSI(14) near 38, not oversold, and the last bars show only a shallow bounce capped under 1.3400.
Support: 1.3391, 1.3370
Resistance: 1.3400, 1.3412, 1.3434
What it said to watch
M15 close back above 1.3400 reclaims the psych level and weakens the lower-low read
Break below 1.3391 extends the downtrend toward low-1.33s
UK CPI Wed 06:00 UTC and FOMC could materially reshape this read later in the week
Cable bled lower through the Asian session to a low at 1.3391, with the broader USD soft on the US-Iran accord but GBP capped below the recent highs. Price is grinding back to 1.3400 in a rounded recovery; RSI(14) lifting off the low-40s, no break of the descending highs yet.
Support: 1.33908, 1.3390
Resistance: 1.34062, 1.3414, 1.34178
What it said to watch
M15 close below 1.3391 confirms a fresh lower low
Reclaim of 1.3414 needed to break the chain of lower highs
UK CPI Wed 06:00 UTC and BoE Thursday could reset this range
Lower highs into a fresh session low, small bounce in progress.
Cable ground lower through the London-NY window into a fresh session low at 1.33908, slipping below the 1.34 figure on broad USD softness after the US-Iran relief move. Last six M15 bars are carving higher lows back to 1.34004, RSI(14) recovering from the low-30s but price still under EMA20/50.
Support: 1.33908, 1.34001
Resistance: 1.34178, 1.34443
What it said to watch
M15 close above 1.34178 would break the descending lower-high chain
Loss of 1.33908 confirms continuation of the downtrend
UK CPI Wed 06:00 UTC could materially shift this read
05:30 UTC
Downtrend, drifting into lows · RSI 40 · price 1.3398
Lower highs and lower lows, near session base.
Cable ground lower through the session in a stair-step decline, posting a fresh low at 1.3391 before stabilising near 1.3398 in quiet Asia trade. Price sits below EMA20 and EMA50 with RSI sub-40 but not oversold; the broad USD softness has not stopped GBP slipping under the 1.3404 minor pivot. UK CPI Wednesday is the next major catalyst.
Support: 1.3391, 1.3380
Resistance: 1.3404, 1.3412, 1.3420
What it said to watch
Close below 1.3391 confirms continuation of the lower-low chain
Reclaim of 1.3404 would break the descending channel resistance
UK CPI Wed 06:00 UTC could materially reset this read
Cable ground lower through the Asia session, slicing the 1.3400 psych level and printing a fresh session low at 1.3391. Sequence of lower highs/lows intact with price pinned just under 1.3398; RSI(14) near 38, soft but not oversold.
Support: 1.33908, 1.3397
Resistance: 1.34043, 1.34178, 1.3400
What it said to watch
M15 close back above 1.34043 breaks the lower-high chain
Loss of 1.3391 extends the downtrend toward low-1.33s
UK CPI Wed 06:00 UTC could materially shift this read
Lower highs and lower lows, basing near session low.
Cable ground lower through the Asian session to 1.3391 as the USD steadied off its 10-day low, then stalled into a tight 1.3395–1.3404 range. Price sits below EMA20/50 with RSI(14) near 41 and intraday ranges compressing ahead of UK CPI.
Support: 1.33908, 1.3390
Resistance: 1.3404, 1.3414, 1.34178
What it said to watch
UK CPI Wed 06:00 UTC is the catalyst that can break this range
M15 close below 1.3391 confirms a fresh lower-low
Reclaim of 1.3414 negates the near-term downtrend read
Cable ground lower through the Asia session in thin volume, posting a fresh session low at 1.33908 before a shallow bounce to 1.33967. Price holds below EMA20 and EMA50 with RSI(14) near 37; the chain of lower highs from 1.34178 remains intact.
Support: 1.33908, 1.3385
Resistance: 1.34046, 1.34178
What it said to watch
Reclaim of 1.34046 would break the run of lower highs
Failure to hold 1.33908 confirms continuation toward low-1.33s
UK CPI Wed 06:00 UTC could materially shift this read
Cable ground lower through the NY-Asia handoff, breaking the 1.34000 round number and printing a fresh low at 1.33908 with RSI(14) near 33. The lower-high sequence at 1.34043 caps the bounce; price is consolidating just above the session low ahead of London.
Support: 1.33908, 1.3380
Resistance: 1.34043, 1.34164
What it said to watch
M15 close back above 1.34043 breaks the lower-high sequence
Loss of 1.33908 extends the down-leg toward 1.33800
UK CPI Wed 06:00 UTC could materially shift this read
Cable ground lower through the Asian session, breaking the 1.3400 handle and printing a fresh session low at 1.3391 with RSI(14) near 33. A clean lower-high chain remains intact below 1.3418 despite a generally soft USD ahead of central-bank week.
Support: 1.33908, 1.3390
Resistance: 1.34043, 1.3412, 1.34178
What it said to watch
M15 close back above 1.34043 challenges the lower-high structure
Failure to hold 1.33908 confirms downtrend continuation
UK CPI Wed 06:00 UTC could materially shift this read
04:46 UTC
Downtrend, fresh lows · RSI 31 · price 1.33939
Lower highs and lower lows through Asia session.
Cable ground lower through the Asia session, breaking the 1.34000 round number and printing a fresh low at 1.33908 with RSI(14) near 31. No bounce yet — price sits pinned at the lows on thin late-Asia volume, with the broken 1.34000 now acting as overhead resistance.
Support: 1.33908, 1.3380
Resistance: 1.3400, 1.34178, 1.34443
What it said to watch
UK CPI at 06:00 UTC (~1h away) could materially shift this read
Reclaim of 1.34000 would neutralise the breakout
Loss of 1.33908 extends the lower-low sequence
04:45 UTC
Downtrend, fresh lows · RSI 34 · price 1.33939
Lower highs, lower lows.
Cable ground lower through the NY-into-Asia hours, printing a fresh session low at 1.33908 with a clean chain of lower highs below the descending resistance line. RSI(14) near 34 — soft but not yet extreme; price slipped into the low-1.33s ahead of UK CPI and central-bank week.
Support: 1.33908, 1.3380
Resistance: 1.3405, 1.34178, 1.3426
What it said to watch
M15 close below 1.33908 extends the lower-low sequence
Reclaim of 1.34178 swing high needed to break the downtrend
London open in ~1h could redefine the session range
UK CPI Wed 06:00 UTC is the dominant catalyst for the range
04:30 UTC
Downtrend, grinding lower · RSI 37 · price 1.3396
Lower highs and lower lows into session low.
Cable drifted lower through the Asia session, breaking the 1.3400 psych level into a fresh session low at 1.3395 with RSI(14) in the mid-30s. The slow grind down off 1.3460 keeps the lower-high, lower-low chain intact; thin late-Asia volume on the last bar.
Support: 1.3395, 1.3400
Resistance: 1.3414, 1.3434
What it said to watch
M15 close back above 1.3414 breaks the lower-high chain
Failure to hold 1.3395 extends the down-leg toward the low-1.33s
Cable ground lower through the Asian session, slipping from the 1.3460 area to a fresh session low at 1.33947 and breaking the 1.3400 psych level on thin volume. USD softness from the US-Iran risk-on move hasn't lifted GBP here; price sits pinned below 1.3400 with RSI(14) near 37, not yet oversold.
Support: 1.33947, 1.3370
Resistance: 1.3400, 1.34145, 1.34443
What it said to watch
Reclaim of 1.3400 would neutralise the downside break
Failure to hold 1.33947 confirms continuation lower toward 1.3370
UK CPI Wed 06:00 UTC and FOMC could materially shift this read
Cable ground lower through the session from 1.3460 to a 1.3400 low, then stalled into tight consolidation just above the round number ahead of the London open. RSI(14) sits mid-40s, off its lows; descending highs from 1.3444 cap the recovery.
Support: 1.3400, 1.3397
Resistance: 1.3416, 1.3428
What it said to watch
M15 close below 1.34000 opens the path toward the low-1.33s
Break above 1.34160 swing high challenges the descending highs
UK CPI Wed 06:00 UTC could materially shift this read
Cable ground lower through the NY session into Asia, fading from 1.3446 to a 1.3397 low as the post US-Iran USD softness faded ahead of central-bank week. Price now coils in a tight 1.3400–1.3416 band on thin Asia volume, RSI(14) flat in the low 40s with no momentum either way.
Support: 1.3400, 1.3397
Resistance: 1.34165, 1.3429
What it said to watch
Reclaim of 1.34165 session high needed to break the lower-high sequence
Loss of 1.33970 swing low confirms continuation lower
UK CPI Wed 06:00 UTC could materially shift this read
Cable bled lower through the NY-to-Asia handover, sliding off the 1.3460 area to test 1.3397 before stabilising just above the 1.3400 round number. Sequence of lower highs keeps the downtrend intact; last several bars are flat and coiling between 1.3400 and 1.3414 with RSI(14) mid-range.
Support: 1.3400, 1.3397
Resistance: 1.34145, 1.3429
What it said to watch
Reclaim of 1.34145 swing high would break the lower-high sequence
Loss of 1.3400 round number opens the 1.3397 session low and below
UK CPI Wed 06:00 UTC is the dominant near-term catalyst for this range
Cable rolled over from the 1.3460 area through NY hours as the USD pared losses, grinding to a 1.3397 low before stabilising. Asian session now consolidating 1.3400–1.3414 just under the broken supports, RSI(14) mid-range after the slide.
Support: 1.3400, 1.3397
Resistance: 1.3416, 1.3429
What it said to watch
Reclaim of 1.34160 would break the lower-high sequence
Loss of 1.33970 confirms continuation of the downtrend
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially shift this read
Cable bled lower through the session under a chain of lower highs, printing 1.3397 before stabilising in the low 1.3400s as USD softness from the US-Iran risk-on backdrop offset GBP weakness. Asia hours have flattened into a tight consolidation just above the session low, RSI(14) near 42 with no momentum extreme.
Support: 1.3397, 1.3406
Resistance: 1.34164, 1.34443
What it said to watch
M15 close below 1.3397 extends the lower-low sequence
Reclaim of the 1.34164 lower high needed to break the downtrend structure
UK CPI Wed 06:00 UTC is the dominant near-term lever for this pair
Lower highs and lower lows, basing near session low.
Cable bled lower through the London-NY sessions, posting a fresh low at 1.3397 as USD softened broadly post US-Iran deal. Now consolidating 1.3400-1.3415 in the Asia session with RSI(14) mid-low and ATR thin near 5-6 pips.
Support: 1.3397, 1.3400
Resistance: 1.34145, 1.3429, 1.34443
What it said to watch
M15 close below 1.3397 confirms continuation of the lower-low sequence
Reclaim of 1.3415 needed to break the descending structure
UK CPI Wed 06:00 UTC and FOMC are dominant catalysts that could reshape this read
Cable ground lower through the window from the 1.3460 10-day high, slipping with a softer USD into a 1.3397 session low. Early Asia hours have it consolidating just above that low on thinning volume, RSI(14) recovering off oversold near 41.
Support: 1.3397, 1.3400
Resistance: 1.3418, 1.3434, 1.3460
What it said to watch
M15 close above 1.3418 would break the chain of lower highs
Loss of 1.3397 extends the decline toward the low 1.33s
UK CPI Wed 06:00 UTC is the next major lever for this pair
Cable ground lower through NY hours, capped below the 50-day per the macro read, before stabilising around 1.3400 into the Asia session. A session low at 1.3397 has held twice; price is now coiling in a tight 1.3397–1.3414 range on thinning volume.
Support: 1.3397, 1.3400
Resistance: 1.3414, 1.3434
What it said to watch
M15 close above 1.3414 breaks the lower-high sequence
Failure to hold 1.3397 confirms a fresh lower-low
UK CPI Wed 06:00 UTC is the near-term lever for this pair
Cable drifted lower through the window off the 1.3460 area, printing a session low at 1.3397 before stabilising into a tight 1.3400–1.3416 range in thin Asian trade. Price sits below EMA20/50 with RSI(14) in the low 40s; no setup in play ahead of UK CPI.
Support: 1.3397, 1.3400
Resistance: 1.34178, 1.3427
What it said to watch
Reclaim of 1.34178 swing high would break the recent lower-high sequence
Loss of 1.3397 session low confirms continuation of the downtrend
UK CPI Wed 06:00 UTC is the near-term lever that could break this range
03:15 UTC
Downtrend, momentum fading near round number · RSI 41 · price 1.34042
Lower highs, lower lows; basing above 1.3400.
Cable bled lower through the window from 1.3460, slipping below the 1.3400 round number to print a session low at 1.3397 in thin Asia-session trade. Price is now flatlining just above 1.3400 on dwindling volume, RSI(14) parked in the low 40s with no momentum to reclaim the 1.3414 swing.
Support: 1.3397, 1.3400
Resistance: 1.3414, 1.3418, 1.3420
What it said to watch
M15 close back above 1.3418 would break the lower-high chain
Failure to hold 1.3397 opens the path to the low 1.33s
UK CPI Wed 06:00 UTC is the near-term lever that can override this read
Asia session drifting lower, Cable printed a fresh session low at 1.3397 after breaking the 1.3406 base, RSI(14) near 37. Risk-on USD softness has not helped GBP here — price is grinding down beneath a chain of lower highs capped at 1.34178.
Support: 1.3400, 1.3397
Resistance: 1.34178, 1.34164
What it said to watch
M15 close back above 1.34178 breaks the lower-high chain
Lower highs and lower lows, basing at round number.
Cable ground lower through the NY session into Asia, sliding from the 1.3460 area to test the 1.34 round number, with the 50-day cap (~1.3469) keeping the upside contained despite a soft USD. Late Asia is basing just above the 1.3397 swing low on thin volume; RSI(14) near 41 reflects fading downside momentum rather than a turn.
Support: 1.3397, 1.3400
Resistance: 1.3414, 1.3420
What it said to watch
M15 close back above 1.3414 negates the lower-high sequence
Failure to hold 1.3397 confirms a fresh lower low toward the low 1.33s
UK CPI Wed 06:00 UTC is the near-term lever and could override this read
Asia session extended the slide, breaking the 1.3408–1.3416 consolidation to print fresh lows at 1.33970, RSI(14) near 37 but not yet oversold. Price drifted lower all window from the 1.34598 high, holding under descending resistance with the 1.3400 psych level the immediate floor.
Support: 1.3397, 1.3400
Resistance: 1.34178, 1.34334, 1.34598
What it said to watch
Reclaim of 1.34178 swing high would break the lower-high chain
Failure to hold 1.33970 opens room toward the low 1.33s
UK CPI Wed 06:00 UTC is the near-term lever that could override this read
Asia session grinding lower, Cable broke beneath 1.3410 and printed a fresh session low at 1.3397 before stabilising at 1.3402. Price sits below EMA20/50 with RSI(14) near 36 — soft but not oversold; gains earlier in the window stalled well below the 50-day cap ~1.3469.
Support: 1.3397, 1.3400
Resistance: 1.34145, 1.3425
What it said to watch
Close below 1.3397 extends the lower-low sequence
Reclaim of 1.34145 swing high needed to ease downside pressure
UK CPI Wed 06:00 UTC is the near-term lever for this read
Cable ground lower through NY into the Asia session, slipping from the 1.3445 area to a fresh low at 1.34002 right on the 1.3400 round number, RSI(14) near 37. The lower-high chain remains intact below 1.34178 with no sign of demand yet.
Support: 1.3400
Resistance: 1.34178, 1.3434
What it said to watch
Sustained M15 close below 1.34000 extends the lower-low sequence
Reclaim of 1.34178 swing high would break the descending structure
UK CPI Wed 06:00 UTC is the near-term lever for this pair
02:30 UTC
Downtrend, sliding into round number · RSI 34 · price 1.34002
Lower highs, lower lows; pressing 1.3400.
Cable ground lower through the London-NY session and into Asia, posting a fresh session low at 1.34001 with the 1.3400 round number now in play. Price holds below EMA20/50 in a steady downtrend, RSI(14) near 34 but not yet stretched; rebounds have capped at 1.34140-1.34178.
Support: 1.3400, 1.34043
Resistance: 1.3414, 1.34178, 1.34334
What it said to watch
M15 close below 1.3400 round number opens room lower
Reclaim of 1.34178 swing high breaks the lower-high chain
UK CPI Wed 06:00 UTC and FOMC Wed 18:00 UTC could materially shift this read
Cable has bled lower through the Asia session, sliding from the 1.3460 area to a fresh low at 1.3404 and printing a clean chain of lower highs. Price sits below EMA20/50 with RSI(14) near 40 — soft but not oversold — as the broader market parks ahead of UK CPI.
Support: 1.34043, 1.3400
Resistance: 1.34165, 1.3428
What it said to watch
M15 close below 1.34043 extends the lower-low sequence
Reclaim of 1.34165 breaks the lower-high chain
UK CPI Wed 06:00 UTC is the dominant near-term lever for this read
Lower highs and lower lows, retesting session low.
Cable drifted lower through the Asian session after stalling below the 50-day cap noted in the USD-soft, GBP-capped backdrop, now retesting the session low near 1.3404. The 1.3408–1.3416 consolidation broke down on the final bars, keeping the lower-high chain intact below EMA20/50.
Support: 1.34043, 1.3400
Resistance: 1.34165, 1.3428
What it said to watch
Reclaim of 1.34165 recent high would break the lower-high sequence
Failure to hold 1.34043 session low opens 1.34000 round number
UK CPI Wed 06:00 UTC is the near-term lever and could reshape this read
02:01 UTC
Downtrend stalling into Asia · RSI 44 · price 1.34079
Lower highs, consolidating above session low.
Cable drifted from ~1.3460 through the London-NY sessions to a session low at 1.34043, then settled into a tight 1.3408-1.3416 range during quiet Asia hours. Price holds below EMA20/50 with RSI mid-40s; structure is a chain of lower highs capped by the 1.34178 swing high. UK CPI Wed is the next lever for the pair.
Support: 1.34043, 1.3400
Resistance: 1.34178, 1.3429
What it said to watch
M15 close below 1.34043 opens the low-1.33s
Reclaim of 1.34178 needed to break the lower-high sequence
UK CPI Wed 06:00 UTC could materially shift this read
Cable slid through London-NY on Jun 15 from 1.3460 to a 1.3404 session low, then went flat into the Asia session, coiling between 1.3404 and 1.3416. RSI(14) sits mid-range near 43 with price pinned below EMA20 and EMA50; no fresh impulse in play.
Support: 1.34043, 1.3400
Resistance: 1.34165, 1.34334, 1.3446
What it said to watch
M15 close below 1.34043 confirms a lower low and extends the downtrend
Reclaim of 1.34165 would break the Asia range top
UK CPI Wed 06:00 UTC is the dominant near-term lever for this read
01:46 UTC
Downtrend stalled, now ranging · RSI 49 · price 1.34139
Consolidation in lower third after sell-off.
Cable sold from the 1.3460 area through the London-NY session and has gone quiet in early Asia, ranging 1.3406–1.3418 with RSI(14) flat near 49 and ATR compressed. Buyers stepped in twice around 1.3406; the recent swing high at 1.3418 caps the bounce.
Support: 1.3406, 1.34043
Resistance: 1.34178, 1.3427, 1.3446
What it said to watch
M15 close above 1.3418 swing high opens path toward 1.3427 prior high
Loss of 1.3406 session low confirms a lower low toward 1.3404
Volatility is thin in Asia; UK CPI Wed is the next major lever
Cable slid through the London-NY hours from the 1.34598 session high to a low at 1.34043, with the US-Iran risk-on bid capping any recovery. Price is now basing in a tight 1.34060–1.34178 band through the Asia session, volume thinning and RSI flat in the mid-40s — no momentum extreme in play.
Support: 1.3406, 1.3400
Resistance: 1.34178, 1.3429
What it said to watch
M15 close above 1.34178 reopens the path toward 1.34290
Loss of 1.34060 confirms a fresh lower-low toward 1.34000
UK CPI Wed 06:00 UTC is the next material lever for this read
01:31 UTC
Downtrend stalling, range forming · RSI 46 · price 1.34109
Lower highs into tight Asian consolidation.
Cable faded from the 1.3460 10-day high through London-NY hours, sliding to 1.34043 before stabilising in a tight 1.3404–1.3418 band during early Asia. RSI(14) sits neutral near 46 and volume is thin; no directional setup in play while the range holds.
Support: 1.34043, 1.3406
Resistance: 1.34178, 1.3434, 1.3446
What it said to watch
M15 close above 1.34178 would break the Asian range and challenge 1.3434
Failure to hold 1.34043 confirms continuation of the lower-low sequence
UK CPI Wed 06:00 UTC and FOMC Wed are the dominant near-term levers
01:31 UTC
Downtrend stalling, now flat · RSI 46 · price 1.34109
Lower highs into a tight Asian range near session lows.
Cable bled lower through the London-NY session from 1.3460 to 1.3404 as the move stalled below the 50-day cap, and has since gone quiet in a tight 1.3406-1.3418 Asian range. RSI(14) is mid-range with ATR compressed to ~7 pips — no momentum, no setup in play.
Support: 1.34043, 1.3406
Resistance: 1.34178, 1.3424, 1.34443
What it said to watch
Close below 1.34043 confirms a fresh lower low
Close above 1.34178 reopens 1.34240
UK CPI Wed 06:00 UTC is the near-term lever that breaks this range
01:16 UTC
Intraday downtrend, now basing · RSI 49 · price 1.34132
Consolidation near session lows after a NY-session decline.
Cable slid from the 1.3460 area through the NY session to a session low at 1.3404, then twice held that level to form a double bottom. Asia session is basing in a tight 1.3408–1.3416 band with RSI(14) back to neutral near 49 and ATR compressed to ~6 pips.
Support: 1.34075, 1.34043
Resistance: 1.34165, 1.3420
What it said to watch
M15 close above 1.3417 breaks the consolidation and opens 1.3420
Loss of 1.3404 session low confirms a lower low and resumes the downtrend
London open in a few hours may break the tight Asian range
Cable slid off the 1.3460 10-day high through the NY session down to 1.3404, then carved a tight 1.3408–1.3416 range as Asia volume thinned out. RSI(14) sits mid-range near 47 with price hugging EMA20 below the falling EMA50.
Support: 1.3406, 1.34043
Resistance: 1.34165, 1.3429, 1.34443
What it said to watch
M15 close below 1.3406 reopens the swing low and low-1.33s
Reclaim of 1.3429 would break the intraday lower-high chain
UK CPI Wed 06:00 UTC is the dominant near-term lever for this pair
01:01 UTC
Downtrend, now consolidating · RSI 46 · price 1.34111
Tight range near session lows after sell-off.
Cable sold from the 1.3460 high through London-NY hours down to 1.34043, with the broad USD softness from the US-Iran risk-on backdrop not enough to halt the slide. Price now coils in a tight 1.3408-1.3416 band during thin Asia hours, RSI(14) mid-range and ATR compressed to ~6 pips; price sits just below EMA20 and EMA50.
Support: 1.34043, 1.3400
Resistance: 1.34165, 1.3427
What it said to watch
M15 close above 1.34165 breaks the consolidation higher
Loss of 1.34043 session low extends the downtrend toward 1.3400
UK CPI Wed 06:00 UTC is the dominant near-term lever
01:00 UTC
Downtrend, stalling into Asia · RSI 45 · price 1.34111
Lower highs/lows, now flat near lows.
Cable trended lower through London-NY from 1.3460, bottoming at 1.34043 before flattening into a tight 1.3406-1.3416 range during quiet Asia hours, RSI(14) recovering to mid-40s. USD softness on the US-Iran risk-on bid is keeping a floor under price, but momentum has drained with volume thin overnight.
Support: 1.34043, 1.3406
Resistance: 1.34165, 1.3429
What it said to watch
M15 close above 1.34165 breaks the Asian range top and challenges 1.34290
Failure to hold 1.34043 confirms a fresh lower-low
UK CPI Wed 06:00 UTC is the near-term lever that can override this range
00:46 UTC
Downtrend, flattening into consolidation · RSI 44 · price 1.34108
Lower highs into a tight Asian range.
Cable ground lower through NY into a 1.3406-1.3416 consolidation, now drifting in thin Asian-session trade below EMA20. RSI(14) sits mid-40s with momentum flat; no setup in play.
Support: 1.3406, 1.3389
Resistance: 1.3416, 1.3434, 1.3445
What it said to watch
M15 close below 1.3406 session low opens a fresh leg lower
Reclaim of 1.3416 range top would shift attention to the 1.3434 swing high
UK CPI Wed 06:00 UTC is the next material lever for this read
Cable sold off through London-NY from 1.3460 to a 1.3404 session low as gains stalled below the 50-day cap. Price is now consolidating in the low-1.341s on thin Asia-session volume, RSI mid-range; the 1.3404 low and 1.3416 holding the near-term range.
Support: 1.34043, 1.3400
Resistance: 1.34164, 1.3427, 1.3434
What it said to watch
M15 close below 1.34043 confirms a fresh lower low
Reclaim of 1.34164 opens the path back to 1.34270
UK CPI Wed 06:00 UTC is the next major lever for this pair
Cable ground lower through the London-NY hours to a session low at 1.3406 before flattening into quiet Asian trade, now coiling in a tight 1.3408–1.3416 band on thinning volume. USD remains soft on the US-Iran risk-on theme, but GBP gains stay capped ahead of Wed's UK CPI.
Support: 1.34043, 1.34073
Resistance: 1.34165, 1.3434
What it said to watch
A close below 1.3404 confirms a fresh lower low
Reclaim above 1.34165 breaks the consolidation higher
UK CPI Wed 06:00 UTC is the near-term lever for direction
00:31 UTC
Downtrend, stalling at lows · RSI 48 · price 1.34118
Lower highs into 1.3404 low, now consolidating.
Cable bled lower through the London-NY hours from 1.3460 to a 1.3404 session low, in line with GBP capped near the 50-day cap while a soft USD failed to lift it. Asia session is thin and range-bound between 1.3404 and 1.3416, no fresh direction in play.
Support: 1.34043, 1.3400
Resistance: 1.34165, 1.3427, 1.34443
What it said to watch
M15 close above 1.3416 session high opens the path back toward 1.3427
Failure to hold 1.3404 confirms a lower-low and exposes 1.3400 psych
UK CPI Wed 06:00 UTC is the near-term lever and could reshape this read
Cable slid from the 1.3460 session high to 1.3404 before basing, then ground back to 1.3415 in thin Asia-hours trade as the soft US Empire State/IP prints kept the dollar heavy. RSI(14) has lifted off lows to neutral; price reclaimed EMA20 but sits below EMA50. Move is corrective and low-conviction, with UK CPI Wed the real near-term lever.
Support: 1.34043, 1.34072
Resistance: 1.34171, 1.3427, 1.34443
What it said to watch
Reclaim of 1.34270 prior swing would confirm recovery past the EMA50 cap
Loss of 1.34043 session low reopens the downside toward low-1.33s
UK CPI Wed 06:00 UTC can override this intraday read
Cable drifted lower through the London-NY sessions, sweeping to a 1.3404 low late NY where buyers stepped in twice to form a small base. Thin Asia trade has lifted price back to 1.34153 against the 200-day at ~1.3415; RSI recovered off oversold but the chain of lower highs caps the move below 1.3427.
Support: 1.34043, 1.34137
Resistance: 1.34165, 1.3427, 1.34331
What it said to watch
M15 close below 1.3404 resumes the downtrend
Reclaim of 1.3427 negates the lower-high structure
UK CPI Wed 06:00 UTC is the near-term lever for this range
Cable drifted from 1.3460 to a 1.3404 low through the London-NY sessions as it stayed capped below the 50-day, then carved a double base at 1.3406. Thin Asia-session flow has nudged price back to 1.3416, RSI(14) recovering off mid-40s; no momentum either way for now.
Support: 1.3406, 1.3404
Resistance: 1.3434, 1.3445
What it said to watch
M15 close above the 1.3434 swing high breaks the descending-highs sequence
Failure to hold 1.3406 reopens the low-1.33s
UK CPI Wed 06:00 UTC is the near-term lever for this range
Cable bled from 1.3459 through London-NY to a 1.3404 session low, then carved a base on a near double bottom around 1.3404/1.3406. Asia hours are thin and quiet, price grinding back to 1.3416 with RSI(14) recovering off lows; the 1.3434 swing high caps the bounce so far.
Support: 1.3404, 1.3387
Resistance: 1.3434, 1.3445
What it said to watch
Reclaim of 1.3434 would break the lower-high sequence and shift the intraday read
Failure to hold 1.3404 reopens the decline toward the low-1.33s
UK CPI Wed 06:00 UTC is the near-term lever for the range