GBP/USD AI Live Scan, 15-minute chart, Thursday, 16 July 2026
Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:47 UTC
Downtrend stalling into consolidation · RSI 51 · price 1.34758
Lower highs into a flat Asia base.
GBPUSD sold off through the NY session to a 1.34596 low as the post-rally consolidation eased vs USD, then based and recovered into Asia. Now flat around 1.3475 on drying volume, capped by the 1.34797 session high.
Support: 1.3466, 1.34596
Resistance: 1.34797, 1.3491
What it said to watch
M15 close above 1.34797 targets the 1.34910 swing high
Loss of 1.34596 confirms a lower low and resumes the downtrend
Asia range likely holds until European liquidity returns
23:46 UTC
Downtrend, now consolidating · RSI 48 · price 1.34758
Intraday decline, base forming in Asia.
GBPUSD ground lower through the London-NY sessions, bottoming at 1.34596 before basing into thin Asian trade around 1.3466-1.3480. Price is consolidating just under the 1.34797 session high with RSI(14) neutral; GBP easing after its stretched rally, USD steady off one-month lows.
Support: 1.3466, 1.34596
Resistance: 1.34797, 1.3489
What it said to watch
Close above 1.34797 session high reopens the 1.3489 swing high
Break below 1.34596 confirms a fresh lower low
Liquidity thins in Asian range — moves easily faded until London
23:32 UTC
Downtrend, now basing · RSI 49 · price 1.3476
Sold off to 1.3460, consolidating in a tight Asian range.
GBPUSD sold off through London-NY from 1.3544 to a 1.3460 session low as the stretched squeeze eased against a steadier USD, then based and recovered into a tight 1.3466-1.3480 range. Asia hours are thin, volume drying up, and RSI(14) sits neutral near 49; no setup in play.
Support: 1.3466, 1.3460
Resistance: 1.3480, 1.3492, 1.3512
What it said to watch
M15 close above 1.3480 range top would end the basing read and reopen 1.3492
Loss of 1.3460 confirms a fresh lower-low and resumes the downdraft
Liquidity remains thin until London open; range likely holds until then
GBPUSD ground lower through the London-NY session into a 1.3460 swing low, then bounced into a tight consolidation around 1.3475 on very thin late-session volume. RSI(14) recovered to neutral and the session high at 1.3480 is capping; ATR is compressed as flows dry up.
Support: 1.3460, 1.3450
Resistance: 1.3480, 1.3500
What it said to watch
M15 close above 1.3480 session high extends the recovery toward the 1.3500 psych level
Failure to hold the 1.3460 swing low resumes the intraday downtrend toward 1.3450 context sup
UK jobs report Jul 21 is the next major catalyst for this pair
23:17 UTC
Downtrend, stalling in Asia · RSI 52 · price 1.34754
Recovered off session low, now flat.
London/NY sold GBPUSD from 1.3540 down to a session low at 1.34596 before a grind back to 1.3479. Asia is thin and flat, consolidating around 1.3475 on very low volume with RSI(14) neutral near 51.
Support: 1.34658, 1.34596
Resistance: 1.34797, 1.3489, 1.35079
What it said to watch
M15 close above 1.34797 session high opens the path back toward 1.3490
Loss of 1.34596 confirms a lower low and resumes the down leg
Thin Asia liquidity — moves may not hold into London open
23:16 UTC
Downtrend, now flat at lows · RSI 51 · price 1.34754
Lower highs into session low, consolidating.
GBPUSD ground lower through London/NY from 1.3544 to a session low at 1.34596, in line with the overbought Pound squeeze pausing below 1.3560. NY close bounced into a tight 1.3467–1.3480 consolidation, RSI(14) back near 51, volume thinning into the Asia handover.
Support: 1.34596, 1.3466
Resistance: 1.34797, 1.3489
What it said to watch
M15 close above 1.34800 opens the recent-high area and breaks the consolidation
Break below 1.34596 confirms a fresh lower low
Thin Asia-session liquidity can exaggerate moves off these lows
23:02 UTC
Intraday downtrend, now basing · RSI 48 · price 1.34739
Session sell-off into low-vol Asia range.
GBPUSD sold off through the London-NY sessions from 1.3544 to a session low of 1.34596 as GBP pared Wednesday's short-squeeze gains and the USD firmed on a strong Philly Fed/claims read. Price then based twice near 1.346 and recovered into a tight, low-volume Asia range around 1.347, now sitting at 1.34739 just above EMA20 and below EMA50.
Support: 1.34596, 1.3466
Resistance: 1.34797, 1.3491
What it said to watch
M15 close above 1.34797 asia high reopens the 1.34910 swing high
Break below 1.34596 session low confirms a fresh lower low
Range is thin Asia liquidity; London open likely dictates direction
23:01 UTC
Downtrend, basing into Asia · RSI 48 · price 1.34739
Sold off through NY, consolidating above session low.
GBPUSD sold off through the NY session from 1.3540 into a 1.34596 low, paring Wednesday's short-squeeze gains as a soft UK Industrial Production print weighed. Price has since based and is consolidating around 1.3474 in thin Asian-hour trade, holding just above the descending EMA50.
Support: 1.34596, 1.3450
Resistance: 1.34797, 1.3492, 1.3512
What it said to watch
Reclaim of 1.34797 opens the path back toward the 1.34920 swing high
Loss of 1.34596 confirms a fresh lower low
Thin Asian liquidity — moves can overshoot on low volume
22:46 UTC
Downtrend, consolidating at lows · RSI 50 · price 1.3474
Lower highs into a base above 1.3460.
GBPUSD sold off through the NY session from 1.3540 to a 1.3460 swing low, in line with the softer UK data and firmer USD after strong Philly Fed/claims. Price has since based in a tight 1.3466-1.3480 band on thin Asian-session volume; RSI(14) recovered to mid-range and price sits back above EMA20 but below EMA50.
Support: 1.3460, 1.3450
Resistance: 1.3480, 1.3495, 1.3520
What it said to watch
M15 close above 1.3480 opens the path back toward 1.3495/1.3520
Loss of 1.3460 confirms a lower low toward 1.3450
UK jobs (Jul 21) is the next scheduled test for this move
GBPUSD ground lower through London-NY, tagging a session low at 1.3460 before recovering to 1.3480; move fits the stretched-Pound short-squeeze paring flagged in the digest. Price now drifting at 1.3474 on thin late-session volume, holding above the 1.3480 pivot zone's lower edge with RSI back to neutral.
Support: 1.3460, 1.3440
Resistance: 1.3480, 1.3500, 1.3514
What it said to watch
Loss of 1.3460 session low confirms continuation of the downtrend
Close back above 1.3480 recent high reopens 1.3500 psych
UK jobs (Jul 21) is the next scheduled catalyst for this pair
Session low carved, recovery into tight consolidation.
GBPUSD trended down through the NY session from 1.3540 to a session low at 1.34596, then buyers stepped in and drove a recovery to 1.34797. Price has since settled into a tight 1.3467–1.3480 consolidation through the quiet Asian hours; RSI mid-range and ATR compressed to ~5 pips.
Support: 1.3466, 1.34596, 1.3450
Resistance: 1.34797, 1.3488, 1.3500
What it said to watch
M15 close above 1.34797 recovery high opens 1.3488 then 1.3500 psych
Loss of 1.34596 session low confirms a fresh lower low
UK labour data Jul 21 is the next scheduled catalyst for GBP
22:31 UTC
Downtrend, now basing · RSI 48 · price 1.34751
Sold off through NY, consolidating above session low.
GBPUSD bled lower through the NY session as it pared this week's short-squeeze gains, bottoming near 1.34596 before basing into a tight 1.3466-1.3480 range in thin Asian-hour trade. RSI(14) recovered to mid-range and ATR is compressed at ~5 pips, reflecting the quiet consolidation.
Support: 1.3466, 1.34596
Resistance: 1.34797, 1.3489
What it said to watch
M15 close above 1.34797 opens the path back toward 1.3489
Failure to hold 1.3466/1.34596 confirms a fresh lower low
UK labour data Jul 21 could shift this read materially
GBPUSD leaked lower through London-NY hours from 1.3540 to a session low at 1.3460, with USD firming after strong Philly Fed and jobless claims data. Asia has since carved a rounded base, lifting price back to 1.3476 and consolidating in a tight 1.3466-1.3480 band; RSI(14) recovered to mid-range as ATR compressed into thin late-session flows.
Support: 1.3466, 1.3460
Resistance: 1.3480, 1.3489
What it said to watch
A 15m close above 1.3480 targets the 1.3489 prior swing
Loss of 1.3466 range base reopens the 1.3460 swing low
UK labour data Jul 21 is the next major catalyst for this pair
22:16 UTC
Downtrend, basing late Asia · RSI 55 · price 1.34759
Lower lows into 1.3460, recovering.
London/NY hours drove GBPUSD down from 1.3544 to a session low at 1.3460 as the USD bounced on the strong Philly Fed and claims prints. Late-Asia trade is basing on thin volume between 1.3466 and 1.3480, RSI(14) recovering off oversold to mid-range.
Support: 1.34596, 1.3466
Resistance: 1.34797, 1.3490
What it said to watch
M15 close above 1.3480 opens the path back toward 1.3490 ema50
London-NY hours drove GBPUSD off 1.354 down to a 1.3460 swing low as USD steadied post-CPI. Asia session has recovered into a tight, low-volume 1.3466-1.3480 range; RSI back near mid.
Support: 1.3466, 1.3460
Resistance: 1.3480, 1.3512
What it said to watch
Close above 1.3480 session high opens the path back toward 1.3512
Loss of 1.3466 range low reopens the 1.3460 swing low
UK labour data Tue 06:00 UTC is the next major catalyst for this pair
GBPUSD slid through the NY session from 1.3542 to a 1.3460 swing low, easing an overbought sterling into UK jobs risk. Price has since based and is consolidating 1.3470-1.3480 in thin Asian hours; RSI back to neutral after the flush.
Support: 1.3460, 1.3450
Resistance: 1.3480, 1.3492
What it said to watch
Close above 1.3480 targets the 1.3492 prior swing
Break below 1.3460 resumes the lower-low sequence toward 1.3450
UK labour data next week is the key catalyst for the sterling squeeze read
Lower highs into session low, basing above 1.3460.
GBPUSD bled from ~1.3540 through London and NY as the multi-month sterling squeeze cooled and overbought longs took profit, printing a session low at 1.34596. Price has since based and ground back toward the 1.3480 pivot, but the recovery is unfolding in thin post-NY/early-Asia hours on collapsing ranges (ATR ~8 pips).
Support: 1.34596, 1.3450
Resistance: 1.3480, 1.3508
What it said to watch
A close above 1.3480 opens the path back toward 1.35080
Failure to hold 1.34596 confirms a lower low toward 1.3450
UK labour data Tue 06:00 UTC could materially shift this read
Session low held near 1.3460, recovery in progress.
NY session bled lower through 1.35 into a 1.3460 base, where buyers stepped in and price rounded back up to a 1.3480 session high late in the day. RSI(14) has recovered off its lows to mid-range; last bars are thin into the post-NY/Asia transition. Broader GBP squeeze remains intact but intraday flow pulled back from the highs.
Support: 1.3460, 1.3450
Resistance: 1.3480, 1.3495
What it said to watch
M15 close above 1.3480 reopens the path toward the 1.3495 ema50
Loss of 1.3460 exposes the 1.3450 strong support
UK jobs Tue 06:00 UTC is the next major catalyst for this pair
21:32 UTC
Downtrend, stabilising off lows · RSI 51 · price 1.34731
Sold from 1.354 to base near 1.346, recovering.
GBPUSD sold off through the NY session from 1.354 to a 1.34596 session low, unwinding part of the GBP fiscal-driven squeeze. A rounded base built near 1.3466 into late hours and price has ground back above EMA20 to 1.3473; RSI(14) neutral near 51 with ATR compressed in thin late-session trade.
Support: 1.3466, 1.34596
Resistance: 1.34797, 1.3489, 1.3500
What it said to watch
M15 close above 1.34797 session high reopens the 1.34890 swing high
Failure to hold 1.34596 session low confirms a lower low
Late-session liquidity thin — bars into Asia open can spike erratically
NY session pushed GBPUSD down from 1.3517 to a 1.3460 swing low as the GBP short-squeeze stalled at overbought levels; a late-session bounce recovered to 1.3480 before easing to 1.3473 on thin volume. Price is now caught between the 1.3460 swing low and the 1.3480 session high.
Support: 1.34596, 1.3466
Resistance: 1.34797, 1.3489
What it said to watch
M15 close below 1.34596 confirms a lower low and resumes the downtrend
Reclaim of 1.34797 opens the path back toward 1.34890
UK labour data Mon 06:00 UTC could reset this intraday read
21:17 UTC
Downtrend, recovering off lows · RSI 62 · price 1.34769
Session sell-off, basing near 1.3460.
GBPUSD sold off through the NY session from ~1.3544 to a 1.3460 session low as the dollar firmed on a blowout Philly Fed print, then based and recovered to 1.3477 into the Asia handover. RSI(14) has lifted to ~62 off the lows and price is back above EMA20 but still below EMA50; the broader GBP squeeze context leaves dips being bought.
Support: 1.3460, 1.3450
Resistance: 1.3480, 1.3510
What it said to watch
Close above 1.3480 swing high opens the path back to the 1.3510 prior range
Failure to hold the 1.3460 session low exposes 1.3450 support
Thin Asia liquidity can exaggerate spikes on low volume
GBPUSD ground lower through London and NY from 1.3544 to a session low at 1.34596, then based and recovered to 1.34769 into the late session on very thin volume. Dip-buying fits the broader GBP squeeze tone, but the recovery leg is fragile given the light late-session flow.
Support: 1.34596, 1.3466
Resistance: 1.34797, 1.3491, 1.35006
What it said to watch
M15 close above session high 1.34797 extends the recovery toward the 1.34910 prior high
Loss of 1.34596 session low confirms a fresh lower-low
UK labour market data Mon 06:00 UTC could reset this read
GBPUSD sold off through the NY session from 1.3544 to a 1.34596 session low, then based twice near 1.3460 and ground back to 1.34792 into late NY. Recovery comes as the broad GBP short-squeeze narrative supports dips; RSI(14) has lifted to the high-50s but price remains below the EMA50.
Support: 1.3466, 1.34596, 1.3450
Resistance: 1.3491, 1.3506
What it said to watch
M15 close above 1.34910 extends the recovery toward 1.35060
Failure to hold 1.34596 confirms a lower low toward 1.34500
UK labour market data Mon 06:00 UTC is the next major catalyst
21:01 UTC
Downtrend, basing after selloff · RSI 61 · price 1.34792
Session low carved, grinding recovery.
GBPUSD bled from 1.3540 down to a 1.34596 session low through NY hours as the overbought squeeze faded, then based at 1.3466 and is grinding back to 1.34792. RSI(14) recovered off oversold to the high-50s as buyers stepped in at the base twice; price now sits above EMA20 but below EMA50.
Support: 1.3466, 1.34596, 1.3450
Resistance: 1.3489, 1.3512
What it said to watch
Close above 1.34890 swing high opens the path back to 1.35120
Failure to hold 1.34660 base reopens the 1.34596 session low
UK labour data Mon 06:00 UTC could reprice this move
20:47 UTC
Downtrend, basing after selloff · RSI 68 · price 1.34781
Session low carved, tight recovery consolidation.
NY session sold GBPUSD from 1.3540 down to a 1.3460 session low as the dollar firmed intraday on the strong Philly Fed beat. Late-session buyers stepped in around 1.3466 and price is now basing in a tight 1.3466-1.3478 band with ATR compressed to ~4 pips into the Asia transition.
Support: 1.3466, 1.34596
Resistance: 1.3489, 1.3508
What it said to watch
M15 close above 1.34890 opens the path back toward 1.3508
Loss of 1.34596 confirms a fresh lower low
Thin Asia-session liquidity can distort the tight range
20:47 UTC
Downtrend easing, basing · RSI 58 · price 1.34781
Lower lows into session low, base building.
GBPUSD slid through the NY session from 1.3540 to a session low at 1.3460 as the dollar firmed on the strong Philly Fed beat, denting an otherwise stretched GBP squeeze. Buyers stepped in twice around 1.3466 and price has ground back to 1.3478; RSI(14) recovering off its lows toward 58.
Support: 1.34658, 1.34596, 1.3450
Resistance: 1.3480, 1.3508, 1.3517
What it said to watch
M15 close below 1.3460 opens the path to the 1.3450 psych level
Reclaim of 1.3508 prior swing negates the intraday lower-low read
UK labour data Mon 06:00 UTC could reset this read
20:32 UTC
Downtrend, basing near lows · RSI 58 · price 1.34761
Session low set, higher lows building.
NY session slid from ~1.3512 to a session low at 1.34596, then ground back to 1.34761 into the close on higher lows. USD sits near a one-month low but firm US data (Philly Fed, claims) steadied it, capping the cable slide. RSI(14) has recovered off the lows to the mid-50s.
Support: 1.34596, 1.3450
Resistance: 1.3480, 1.35116
What it said to watch
Close above 1.3480 pivot opens the path back to the 1.35116 prior high
Failure to hold 1.34596 session low confirms a fresh lower low toward 1.3450 strong supp
UK labour data Mon 06:00 UTC could materially shift this read
20:32 UTC
Downtrend, basing at lows · RSI 51 · price 1.34761
Lower highs and lows, consolidating above session low.
GBPUSD trended down through the London-NY sessions from 1.3544 to a session low of 1.34596, with USD holding firm on resilient claims and Philly Fed data. Price is now basing late in NY with a shallow recovery to 1.34761, RSI back near neutral after cooling off the lows.
Support: 1.34596, 1.3450
Resistance: 1.3480, 1.34896, 1.3512
What it said to watch
Close back below 1.34596 confirms a lower low toward the 1.3450 strong support
Reclaim of the 1.3480 pivot needed to shift the intraday read
UK labour market data Mon 06:00 UTC could reset this range
NY session drove GBPUSD lower from 1.3517 to a session low at 1.34596, with USD steadied by firm US claims and Philly Fed but still near a one-month low. Price is now basing 1.3460-1.3475 into late NY hours, RSI(14) recovering off the lows toward the mid-line.
Support: 1.34596, 1.3450
Resistance: 1.3481, 1.34896
What it said to watch
M15 close above 1.34810 pivot would negate the downtrend read
Failure to hold 1.34596 opens the path to 1.3450 support
UK labour data Mon 06:00 UTC could reset this read
20:17 UTC
Downtrend, basing late NY · RSI 55 · price 1.34748
Lower highs into 1.346 base, small recovery.
GBPUSD sold off through the NY session from 1.3540 to a 1.34596 low as the stretched sterling rally saw squeeze fatigue against a still-soft dollar. Price is basing above 1.3466 with a marginal higher low, recovering to 1.3475 and RSI(14) lifting off oversold back to the mid-50s.
Support: 1.3466, 1.34596, 1.3450
Resistance: 1.3483, 1.3489, 1.3500
What it said to watch
Close above 1.3483 opens the path to 1.3489 and 1.3500 psych
Failure to hold 1.3466 base low reopens 1.34596 swing low
UK labour data Mon 06:00 UTC could reset this range
GBPUSD leaked from 1.3544 through the NY session as the GBP short-squeeze lost steam, printing a session low at 1.3460 before basing. Price now consolidates around 1.3474 with RSI(14) recovering off oversold toward neutral; the 1.3480 pivot caps for now.
Support: 1.3460, 1.3450
Resistance: 1.3480, 1.3492
What it said to watch
Close below 1.3460 confirms a lower low and opens 1.3450
Reclaim of 1.3480 pivot invalidates the basing read
Fed Jefferson speaks 23:00 UTC — could shift this read
GBPUSD bled from ~1.3544 to a 1.3460 swing low through the London-NY session as the recent GBP squeeze paused near overbought. Late NY has been a tight base between 1.3460 and 1.3475, with RSI recovering off its lows and the 1.3480 pivot still capping.
Support: 1.3460, 1.3450
Resistance: 1.3480, 1.3510
What it said to watch
M15 close above 1.3480 pivot reopens 1.3510 supply
Failure to hold 1.3460 confirms a lower low toward 1.3450
Fed Jefferson speech ~23:00 UTC could inject volatility
GBPUSD trended lower through the London-NY sessions, sweeping to 1.3460 before buyers stepped in. Price has since based in a tight 1.3466-1.3471 range as the squeeze from earlier fiscal-driven highs unwinds; RSI(14) flat near 49 after cooling from oversold.
Support: 1.34596, 1.3450
Resistance: 1.3474, 1.3480
What it said to watch
M15 close above 1.3480 pivot would break the down structure
Failure to hold 1.3460 session low opens 1.3450 strong supp
UK labour data Mon 06:00 UTC could reset this read
GBPUSD ground lower through the NY session, shedding roughly 80 pips from 1.3542 to a 1.3460 low as the GBP short-squeeze showed fatigue near 1.3480. Price is now consolidating in a tight 1.3465-1.3471 band just off the low, RSI(14) recovering from the mid-30s.
Support: 1.3460, 1.3450
Resistance: 1.3480, 1.3510
What it said to watch
Reclaim of 1.3480 pivot would neutralise the lower-high sequence
Loss of 1.3460 session low opens the 1.3450 support
Fed Jefferson 23:00 UTC could inject late-session volatility
GBPUSD sold off through the NY session from ~1.3510 to a low at 1.3460 as the GBP squeeze cooled and USD steadied post-CPI/PPI. Price now consolidating in a tight 1.3460-1.3473 band into late NY, RSI(14) recovering off oversold near 41.
Support: 1.3460, 1.3450
Resistance: 1.3473, 1.3489, 1.3510
What it said to watch
M15 close below 1.3460 opens the path to 1.3450 strong support
Reclaim of 1.3473 range top needed to ease the downside pressure
Fed Jefferson speech ~23:00 UTC could shift this read
Sold off to session low, now consolidating at the base.
NY hours drove GBPUSD down from 1.3544 to a 1.3460 session low, unwinding some of the week's short squeeze. Price has since gone flat, coiling in a tight 1.3460-1.3474 band with RSI(14) recovering off oversold near 43.
Support: 1.34596, 1.3450
Resistance: 1.3474, 1.3480, 1.3500
What it said to watch
M15 close above 1.3480 pivot would ease the intraday down-leg
Break below 1.34596 opens the path to the 1.3450 support
Consolidation this tight often precedes a range break in either direction
Lower highs / lower lows, basing near session low.
GBPUSD sold off through the NY session from ~1.3544 to a session low at 1.3459 as USD steadied on strong jobless claims (208K) and a big Philly Fed beat. Late NY has stabilised into a tight 1.3459–1.3474 range with RSI recovering off oversold; no fresh lower low in the last two hours.
Support: 1.3459, 1.3450
Resistance: 1.3474, 1.3480, 1.3500
What it said to watch
M15 close below 1.3459 opens the path to 1.3450
Reclaim of 1.3480 pivot would negate the intraday downtrend
UK labour data Mon 06:00 UTC could reset this read
NY session drove GBPUSD off 1.3512 down to a session low of 1.3460 as the USD firmed on strong jobless claims and a big Philly Fed beat. Price is now basing in a tight 1.3460-1.3473 range with a double-bottom hold near the low; RSI recovering off the lows but still sub-50.
Support: 1.3460, 1.3450
Resistance: 1.3473, 1.3490, 1.3512
What it said to watch
M15 close below 1.3460 opens 1.3450 strong support
Reclaim of 1.3490 needed to break the lower-high structure
UK labour data Mon 06:00 UTC could reset this range
Lower highs and lower lows, now basing near session low.
GBPUSD unwound the squeeze through the NY session, sliding from ~1.3540 to a session low at 1.34596 as the USD firmed on strong jobless claims and a big Philly Fed beat. Price is now basing between 1.3460 and 1.3472, holding below the 1.3480 pivot with RSI recovering off oversold.
Support: 1.34596, 1.3450
Resistance: 1.3480, 1.3491
What it said to watch
M15 close above 1.3480 pivot would negate the intraday downtrend read
Break below 1.34596 session low confirms continuation toward 1.3450 support
Momentum stalling near lows; UK labour data Mon 06:00 UTC is the next scheduled catalyst
NY session extended the sell-off to a 1.34596 session low as GBP squeeze fatigue met a steadier USD after strong US jobless claims and a big Philly Fed beat. Price is now basing in a tight 1.3460–1.3471 band, RSI(14) recovering off oversold; sellers still capping under the 1.3480 pivot.
Support: 1.34596, 1.3450
Resistance: 1.34809
What it said to watch
Reclaim of 1.34809 swing high would break the lower-high chain
Loss of 1.34596 session low confirms downtrend continuation toward 1.3450
Fed's Jefferson speaks 23:00 UTC — could shift USD tone
GBPUSD leaked lower through the NY session from 1.3510 to a low at 1.34596, USD firming after a strong Philly Fed beat and low jobless claims. Price now basing 1.3460-1.3470 with RSI recovering off the lows; the descending sequence of lower highs still caps.
Support: 1.34596, 1.3450
Resistance: 1.3475, 1.3483, 1.3505
What it said to watch
Close above 1.34830 breaks the lower-high sequence
NY session ground GBPUSD lower from 1.3540 to a session low at 1.34596, RSI cooling in step with the slide as USD steadied on strong jobless claims and the Philly Fed beat. Price is now basing between 1.3460 and 1.3470, holding just above the low.
Support: 1.34596, 1.3450
Resistance: 1.34809, 1.3512
What it said to watch
M15 close below 1.34596 opens the 1.3450 support
reclaim of 1.34809 needed to break the lower-high chain
UoM inflation expectations (14:00 UTC Fri) could shift USD leg
18:31 UTC
Downtrend, near session lows · RSI 36 · price 1.34671
Lower highs and lower lows, chain intact.
GBPUSD sold off through the NY session, breaking the 1.348 pivot and printing a session low at 1.34596 as the stretched short-squeeze rally faded. Price is now stalling in a tight 1.3466-1.3469 range with RSI(14) around 36; the down-chain of lower highs remains intact.
Support: 1.34596, 1.3450, 1.3480
Resistance: 1.3474
What it said to watch
M15 close below 1.34596 opens the path toward 1.3450 strong supp
Reclaim of 1.34740 swing high needed to ease downside pressure
Overbought squeeze context leaves risk of sharp two-way spikes
18:31 UTC
Downtrend, stabilising at lows · RSI 35 · price 1.34671
Chain of lower highs and lower lows.
GBPUSD sold off through the NY session from ~1.3517 to a low of 1.34596, breaking prior intraday support as the USD firmed on safe-haven flows and in-line US data gave no dovish fuel. Buyers stepped in at 1.34596 and the last few bars have flattened around 1.3467, but the sequence of lower highs remains intact.
Support: 1.34596, 1.3450
Resistance: 1.3474, 1.3489, 1.35062
What it said to watch
M15 close above 1.34740 breaks the lower-high chain and reopens 1.34890
Failure to hold 1.34596 extends the downtrend toward the 1.3450 support
18:16 UTC
Downtrend, stalling at lows · RSI 41 · price 1.3467
GBPUSD sold off through the NY session, printing successive lower lows to 1.3460 as the overstretched sterling squeeze cooled and the USD firmed on safe-haven flows. Price is now consolidating in a tight 1.3460–1.3474 band, RSI(14) recovering off oversold; the descending sequence of lower highs remains intact.
Support: 1.3460, 1.3450
Resistance: 1.3474, 1.3489
What it said to watch
M15 close above 1.3474 breaks the descending lower-high sequence
Failure to hold 1.3460 opens the path toward 1.3450 strong support
Reclaim of 1.3489 would neutralise the intraday downtrend read
Lower highs and lower lows, basing near session low.
GBPUSD sold off through the NY session as the overbought squeeze unwound, breaking the 1.3500 round number and the 1.3480 pivot to tag 1.3460. Price is now basing just above the swing low with RSI(14) near 39 and the last bar flat, showing the downside momentum stalling into late NY.
Support: 1.3460, 1.3450
Resistance: 1.3480, 1.3500, 1.3514
What it said to watch
Reclaim of 1.3480 pivot would break the lower-high sequence
Failure to hold 1.3460 swing low opens 1.3450 strong support
UK labour data Mon 06:00 UTC could reset this intraday read
GBPUSD ground lower through NY hours, unwinding from 1.3544 to a session low of 1.34596 as the dollar found a firmer footing on strong Philly Fed and jobless-claims data. A modest bounce is underway into 1.3469, but price is holding below EMA20/50 with the lower-high, lower-low sequence intact.
Support: 1.34596, 1.3450
Resistance: 1.3474, 1.3481, 1.3489
What it said to watch
Reclaim of the 1.3480 pivot would ease the intraday downside pressure
A close below 1.34596 confirms the next lower-low toward 1.3450 support
Fri UoM Michigan sentiment (14:00 UTC) is the next USD catalyst that could shift this read
GBPUSD sold off through the NY session, breaking the 1.3505 shelf and printing lower lows to a 1.34596 session low as the multi-week squeeze unwound. Price is now basing just above the low with RSI(14) near 31; last bar stalled at 1.34686 after a bounce off 1.34596.
Support: 1.34596, 1.3474, 1.3480
Resistance: 1.34896, 1.3505, 1.3520
What it said to watch
Reclaim of 1.34896 would break the lower-high chain
Loss of 1.34596 opens the path toward the 1.3480 digest pivot
US Michigan sentiment (14:00 UTC Fri) already past; thin late-session liquidity into weekend
Lower highs and lower lows, small basing near session low.
GBPUSD ground steadily lower through the London-NY session, breaking below 1.3480 and printing a session low at 1.3460 as the stretched short-squeeze rally unwound. Price has stalled into 1.3467 with RSI(14) near 33 off its low; buyers stepped in around 1.3460 on the last few bars but the sequence of lower highs is intact.
Support: 1.3460, 1.3450
Resistance: 1.3483
What it said to watch
A close back above 1.3483 would break the lower-high sequence
Failure to hold 1.3460 opens the 1.3450 support zone
UK labour data Mon 06:00 UTC could reset this intraday read
NY session drove a steady leg lower off 1.3512, printing lower lows to 1.3460 as the stretched GBP squeeze cooled. Price is stabilising just above the 1.3460 swing low into the late session, RSI(14) lifting off its lows around 37 but still below the 1.3480 pivot.
Support: 1.3460, 1.3450
Resistance: 1.3480, 1.3489, 1.3512
What it said to watch
Loss of 1.3460 confirms continuation toward the 1.3450 strong support
M15 close back above 1.3480 pivot neutralises the lower-high sequence
UK labour data Mon 06:00 UTC could reset this intraday read
NY session extended the GBPUSD slide as the squeeze faded, price stair-stepping from 1.3517 to a session low at 1.34596 before a modest bounce to 1.34681. RSI(14) near 34 off the lows; sellers still capping every push at prior swing highs.
Support: 1.34596, 1.3445
Resistance: 1.3474, 1.34896, 1.3506
What it said to watch
M15 close below 1.34596 opens the path toward 1.34450 strong supp
Reclaim of 1.34740 swing high needed to stall the lower-high sequence
UK labour data Mon and firmer USD risk keep two-way spike risk elevated
GBPUSD sold off through the NY session, breaking the 1.3480 pivot and printing a fresh low at 1.34596 as the overstretched GBP squeeze unwound. Price is basing just above 1.3460 into the close, RSI(14) around 34 but not yet oversold.
Support: 1.34596, 1.3450
Resistance: 1.3480
What it said to watch
Reclaim of 1.34800 broken pivot would ease the lower-high chain
Loss of 1.34596 session low opens the path to 1.3450
Sustained M15 downtrend through the NY session as GBP unwinds its stretched squeeze; RSI(14) is oversold near 26. Price broke the 1.3480 pivot and is pressing the session low at 1.3460, with 1.3450 the next demand shelf flagged in the macro read.
Support: 1.34596, 1.3450
Resistance: 1.3480
What it said to watch
M15 close back above 1.3480 would negate the lower-low sequence
Break and hold below 1.3450 confirms extension of the downtrend
Fed's Schmid (17:25 broker) and UoM Michigan data could shift USD tone
GBPUSD sold off sharply through the NY session, unwinding the recent squeeze and breaking the 1.3480 pivot flagged in context; price now sits at 1.3462 session lows with RSI(14) near 25 and stretched. Sequence of lower highs stays intact under the 1.3481 swing.
Support: 1.34596, 1.3450
Resistance: 1.3481
What it said to watch
M15 close back above 1.3480 would ease downside pressure
Break below 1.3450 confirms extension of the lower-low sequence
UK labour data Mon 06:00 UTC is the next material catalyst
17:01 UTC
Downtrend, accelerating into new lows · RSI 28 · price 1.34651
Chain of lower highs and lower lows.
NY session drove a clean leg down, breaking through 1.3510 and printing fresh session lows at 1.3465 as the stretched GBP squeeze unwinds and USD holds a firmer bid. RSI(14) near 27 — oversold but consistent with the impulsive selloff; price is sitting right on the low into the close.
Support: 1.3465, 1.3450
Resistance: 1.3483, 1.3512
What it said to watch
Close below 1.3450 confirms continuation toward deeper support
Reclaim of 1.3483 breaks the lower-high chain and questions the downtrend
UK labour data Mon 06:00 UTC could reset this read
NY session pushed GBPUSD into a steady downtrend, unwinding the squeeze off the 1.3556 range high toward the 1.3450 support zone flagged in the fiscal-hope rally context. Price prints fresh session lows at 1.34646 with RSI(14) oversold near 27; no bounce structure yet.
Support: 1.34646, 1.3450
Resistance: 1.3474, 1.3512, 1.3556
What it said to watch
M15 close back above 1.3474 swing would stall the lower-low sequence
Break of 1.3450 support opens continuation lower
UK labour data Mon 06:00 UTC could reset this read
Chain of lower highs and lower lows, fresh session low.
GBPUSD sold off through the NY session from the 1.3540 area to a fresh low at 1.3466, breaking the intraday base as the overbought squeeze faded. RSI(14) is oversold near 27 and price sits pinned at the session low, below both EMAs.
Support: 1.3466, 1.3450
Resistance: 1.3474, 1.3489, 1.3510
What it said to watch
M15 close below 1.3466 extends the decline toward 1.3450
Reclaim of 1.3489 negates the breakdown and reopens 1.3510
UK labour data Mon 06:00 UTC could reset this read
16:46 UTC
Downtrend, extended · RSI 28 · price 1.34681
Lower highs, lower lows into session low.
NY session drove a steady sell-off, breaking the 1.3480 pivot and printing fresh session lows at 1.34660 as GBP squeeze fatigue set in against a firmer USD. RSI(14) oversold near 28 and price glued to the low; each bounce has capped at a lower high.
Support: 1.3466, 1.3450
Resistance: 1.3491
What it said to watch
Loss of 1.34660 session low opens the path to 1.34500 strong support
Reclaim of 1.34910 swing high would break the chain of lower highs
Oversold RSI raises risk of a two-way bounce despite the trend
GBPUSD unwound its squeeze through the NY afternoon, breaking the 1.3480 pivot and printing fresh session lows at 1.34666 as the USD firmed on hawkish Fed-speaker risk. RSI(14) is oversold near 26 with price extended below both EMAs.
GBPUSD sold off hard through the NY session, breaking the 1.3480 pivot and printing a fresh low at 1.34666 as the stretched GBP squeeze unwound and the USD firmed on oil/Iran risk. RSI(14) near 25 flags a short-term oversold condition, but price is pinned at the lows with no rebound yet.
Support: 1.34666, 1.3450
Resistance: 1.3480
What it said to watch
M15 close below 1.3450 confirms deeper leg lower
Reclaim of 1.3480 would negate the breakdown
Fed speakers Logan/Schmid in coming hours could shift USD tone
GBPUSD sold off sharply through the NY afternoon, breaking the 1.3500 round level and printing a fresh session low at 1.3473, with RSI(14) oversold near 25 — consistent with the squeeze-fatigue unwind flagged toward 1.3480. The chain of lower highs from 1.3557 remains intact and no basing structure has formed yet.
Support: 1.34732, 1.3450
Resistance: 1.3500, 1.35208
What it said to watch
M15 close back above 1.3500 would negate the breakdown
Failure to hold 1.3450 confirms extension of the down leg
Fed speakers (Logan, Schmid) could shift USD in the next bars
NY session gave back the GBP squeeze, price sliding from 1.3556 through the 1.3500 round number to a fresh session low at 1.3474 as RSI(14) presses into the sub-30 zone. The decline picked up pace into the close, consistent with squeeze fatigue on an overbought weekly move; 1.3450 is the next support of note below.
Support: 1.3450, 1.3474
Resistance: 1.3500, 1.3520, 1.3556
What it said to watch
Failure to hold 1.3450 confirms extension of the intraday decline
M15 close back above 1.3500 would neutralise the breakdown
Fed speakers (Logan, Schmid) today could inject two-way spikes
GBPUSD rolled over from the 1.3557 session high and accelerated through the 1.3500 psych level into late NY hours, tagging a session low at 1.3480 with RSI(14) near 36. The multi-week short-squeeze read is intact higher up, but intraday structure is a clean chain of lower highs and lower lows.
Support: 1.3480, 1.3450
Resistance: 1.3510, 1.3557
What it said to watch
M15 close back above 1.3510 negates the downside break
Failure to hold 1.3480 opens the path toward 1.3450
GBPUSD sold off through the NY session, easing from multi-month highs as the dollar firmed on Middle East safe-haven flows; a break below 1.3490 marked a fresh lower low into 1.34799. RSI(14) near 33, momentum stretched but price stalling on the last bars just above the session low.
Support: 1.34799, 1.3450
Resistance: 1.3491
What it said to watch
M15 close back above 1.3491 negates the lower-low read
Loss of 1.34799 opens the path toward 1.3450 support
Fed speakers (Logan, Schmid, Jefferson) today could shift USD tone
NY session sold GBPUSD off from the 1.3517 swing high through the 1.35006 round number down to a session low at 1.34799, RSI(14) into oversold near 31. Move aligns with the squeeze fading into the 1.3480 pullback zone flagged in the GBP read; price now hugging session lows just above 1.3480.
Support: 1.34799, 1.3450
Resistance: 1.35006, 1.3517
What it said to watch
M15 close below 1.34799 confirms lower-low continuation toward the 1.3450 strong support
Reclaim of the 1.35006 round number would negate the intraday breakdown
Fed speakers Logan/Schmid/Jefferson today could shift USD tone and this read
15:46 UTC
Downtrend, session lows · RSI 34 · price 1.34813
Lower highs and lower lows off session high.
NY session drove GBPUSD down through the 1.3500 psych level to a session low at 1.34799 as the earlier short-squeeze rally faded, RSI(14) around 34. Price now sits on the 1.3480 support flagged in the macro read, well below both EMAs after a clean chain of lower highs from 1.3544.
Support: 1.34799, 1.3450
Resistance: 1.3500, 1.3512, 1.3544
What it said to watch
M15 close below 1.34799 opens the 1.3450 support zone
Recovery above 1.35120 breaks the lower-high sequence
Fed speakers (Logan, Schmid, Jefferson) later today could shift USD tone
NY session drove GBPUSD sharply lower, slicing the 1.3500 psych level and printing a fresh session low at 1.34799 — an overbought-GBP unwind after the run to multi-month highs. RSI(14) near 30, price below EMA20/50 with no sign of a bounce yet.
Support: 1.34799, 1.3450
Resistance: 1.3500, 1.35139, 1.35422
What it said to watch
Failure to hold 1.3480 opens the path toward 1.3450 support
Reclaim of 1.3500 psych would neutralise the breakdown
Fed speakers (Logan, Schmid, Jefferson) later today could shift USD tone
GBPUSD sold off through the NY session, breaking the 1.35000 psych level and printing a session low at 1.34799 as the dollar firmed on safe-haven flows. RSI(14) near 33 shows momentum leaning oversold but not extreme; price sits pinned to the lows.
Support: 1.34799, 1.3470
Resistance: 1.3500, 1.3508, 1.3517
What it said to watch
Sustained M15 close below 1.34799 confirms continuation of lower lows
Reclaim of 1.35000 needed to negate the breakdown
Fed speakers (Logan, Schmid) later today could shift USD tone
Sterling faded from a session high near 1.3556 and sold off steadily through the NY afternoon, breaking the session low with a sharp bar into 1.3480 before stalling at 1.3489. RSI(14) near 35 as the decline extends; broadly softer USD tone offset intraday by firm US data (Philly Fed 41.4) pressuring GBPUSD lower.
Support: 1.3480, 1.3450
Resistance: 1.3512, 1.3536, 1.3556
What it said to watch
A close back above 1.3512 would stall the lower-high sequence
Failure to hold 1.3480 opens the path toward 1.3450
US Michigan sentiment + inflation expectations Fri 14:00 UTC could shift this read
Lower highs, lower lows after topping near 1.3558.
GBPUSD rolled over through the NY session, easing off the multi-month high near 1.3558 and breaking the 1.3500 round level as the softer-USD tone stalled. The last leg down swept the session low at 1.3480 with RSI(14) around 36; digest flags 1.3480/1.3450 as a zone where dips have been bought.
Support: 1.3480, 1.3450
Resistance: 1.3500, 1.3512, 1.3558
What it said to watch
A close back above 1.3500 round level negates the breakdown
Failure to hold 1.3480 session low opens 1.3450 support
Fed speakers (Logan/Schmid/Jefferson) today could shift USD tone
GBPUSD unwound the early rally from 1.35579 through the NY session, sliding under the 1.3500 psych level with a sharp last bar to 1.34869 as firmer US data (Philly Fed, claims beat) offered mild USD support against overbought sterling. Chain of lower highs intact, RSI(14) near 35 with no divergence yet.
Support: 1.34869, 1.3480, 1.3450
Resistance: 1.3500, 1.3517, 1.35579
What it said to watch
M15 close back above 1.35000 negates the breakdown read
Failure to hold 1.34869 opens the path toward 1.34800
Fed speakers (Logan/Schmid/Jefferson) today could shift USD tone
Sterling eased through the NY session from a 2-month high near 1.3558, sliding into a steady chain of lower highs. The last two bars broke below the 1.3495–1.3510 consolidation into 1.3487, with RSI(14) pressing into the low 30s as sellers extended.
Support: 1.34869, 1.3450
Resistance: 1.3508, 1.3517
What it said to watch
Reclaim above 1.35080 negates the intraday breakdown
Loss of 1.34869 opens the path toward 1.3450 support
Fed speakers (Logan/Schmid/Jefferson) today could shift USD tone
GBPUSD drifted off its two-month peak near 1.3558 through the London-NY session, sliding to a session low at 1.3494 as the USD firmed on a big Philly Fed beat and strong jobless claims. Price is now basing in a tight 1.3494–1.3512 band, RSI(14) mid-40s; the range shelf around 1.3540 has capped every bounce.
Support: 1.34943, 1.3473
Resistance: 1.3517, 1.3540, 1.35579
What it said to watch
M15 close below 1.3494 exposes the 1.3473 window low
Reclaim of 1.3517 needed to ease downside pressure
Fed speakers (Logan, Jefferson) today could shift USD tone
GBPUSD rolled off the 1.3557 session high through the NY session, carving lower highs into a double bottom at 1.3494 where buyers stepped in twice. A bounce to 1.3517 has faded back to 1.3502; sterling consolidating below its multi-month peak with the softer-USD tone still the backdrop.
Support: 1.3494, 1.3450
Resistance: 1.3517, 1.3544, 1.3557
What it said to watch
M15 close above 1.3517 reopens the 1.3544 swing high
Loss of 1.3494 double bottom confirms a fresh lower low
Fed speakers (Logan/Schmid/Jefferson) later today could shift this read
GBPUSD faded from the session high at 1.35579 through the day to a low of 1.34943, where buyers stepped in twice to form a base; price has since recovered to ~1.3508, back above EMA20 but under EMA50. USD stayed soft after cool CPI/PPI, but GBP is consolidating below the stretched 1.3560 peak with no fresh catalyst in play.
Support: 1.3500, 1.34943, 1.3480
Resistance: 1.3517, 1.3540, 1.35579
What it said to watch
M15 close below 1.34943 confirms a lower low and voids the double-bottom read
Reclaim of 1.35170 needed to extend the recovery toward 1.3540
Fed speakers (Logan/Schmid/Jefferson) later today could shift the read
London ran up to a session high at 1.3558 before a steady NY-hours drift lower into 1.34943, where buyers stepped in twice to form a tentative double bottom. Price now consolidating ~1.3508 below the 1.3515 swing high, RSI(14) recovered to mid-range after basing.
Support: 1.3500, 1.34943
Resistance: 1.3515, 1.3544, 1.35579
What it said to watch
M15 close above 1.3515 reopens the path toward 1.3544/1.3558
Failure to hold 1.34943 confirms a lower low
Fed speakers (Logan/Schmid/Jefferson) today could shift USD and this read
GBPUSD slid through the NY session from the 1.3557 two-month peak to a 1.3494 low, where buyers stepped in twice before a bounce to 1.3517 faded back to 1.3504. USD stays soft after cool US CPI/PPI, but sterling is consolidating an overbought rally rather than extending. RSI(14) mid-range near 47 after cooling from the earlier push.
Support: 1.34943, 1.3500
Resistance: 1.3517
What it said to watch
M15 close above 1.3517 reopens the path toward the 1.3557 peak
Failure to hold 1.3494 confirms a lower low
Fed speakers Logan/Schmid today could shift this read
Lower highs off 1.3558, double bottom near 1.3494.
GBPUSD sold off through the NY session from the 1.3558 peak to a 1.34943 low, where buyers stepped in twice to form a double bottom. Price recovered to 1.3517 and was rejected, now hovering at 1.3504 below both EMAs, consolidating below the multi-month high area with USD soft after cool CPI/PPI.
Support: 1.34943, 1.3500
Resistance: 1.3517, 1.3544, 1.35579
What it said to watch
M15 close below 1.34943 confirms a fresh lower low
Reclaim of 1.3517 swing high reopens the path to 1.3544
Fed speakers Logan/Schmid in the next hours could shift this read
GBPUSD faded from the 1.3558 London session high through the NY session as the Iran/Hormuz risk premium lent the soft USD a bid. Price carved a double bottom near 1.3495, bounced to 1.3517 and was rejected, now holding just above the 1.3500 round number.
Support: 1.3500, 1.3495
Resistance: 1.3517, 1.3540, 1.3558
What it said to watch
M15 close above 1.3517 reopens the 1.3540 lower-highs line
Loss of the 1.3495 double bottom confirms a fresh lower low
Fed speakers (Logan, Schmid) this session could shift the USD tone
GBPUSD faded from the 1.3557 session high through Asia and London, printing a double bottom near 1.3494 into the NY open before recovering to 1.3517. Price has drifted back to 1.35074, holding just above the 1.3500 psych level with RSI(14) neutral near 48.
Support: 1.3500, 1.3494
Resistance: 1.3517, 1.3540, 1.3557
What it said to watch
Close above 1.3517 opens the 1.3540 prior high
Loss of 1.3494 session low confirms a lower low
Fed speaker slate (Logan 16:30 UTC) could shift this read
13:46 UTC
Pullback off session highs, base forming · RSI 51 · price 1.35113
Declined into 1.3493 base, recovering above 1.3500.
GBPUSD faded from the 1.3558 session high through the NY session to a base around 1.3493-1.3496, where demand stepped in twice. Price has since reclaimed the 1.3500 psych level and is pressing recent highs near 1.3515 with RSI(14) back to neutral around 51.
Support: 1.3500, 1.3494, 1.3450
Resistance: 1.3515, 1.3535, 1.3558
What it said to watch
Close above 1.3535 reopens the 1.3558 session high
Loss of 1.3494 swing low confirms a lower low
Fed speakers (Logan, Schmid) could inject USD volatility this session
NY session faded GBPUSD from the 1.3557 two-month high down to 1.3494 as the dollar drew intermittent safe-haven support off Hormuz headlines. Buyers stepped in twice near 1.3495 and price has recovered to 1.3511, back above EMA20 but capped by the descending swing highs.
Support: 1.34943, 1.3450
Resistance: 1.3536
What it said to watch
M15 close above 1.3536 would negate the intraday downtrend
Loss of 1.3494 session low opens the 1.3450 pivot
US Fed speakers (Logan, Schmid) later today could shift the dollar tone
13:32 UTC
Pullback within broader uptrend · RSI 46 · price 1.35078
Range break lower, bouncing off session low.
Cable rallied off 1.3430 to a 1.3558 session high on broad USD weakness after the soft US PPI, then consolidated and broke lower through the 1.3540 range top into a 1.3494 session low during London hours. Buyers stepped in there and price is recovering to 1.3508 with RSI(14) cooling near 46 after the earlier stretch.
Support: 1.34943, 1.34306
Resistance: 1.3515, 1.35422, 1.35579
What it said to watch
M15 close back above 1.35150 reopens the 1.3540 range top
Failure to hold 1.34943 confirms a lower low toward 1.3450
UK jobs data 21 Jul is the next major catalyst for this pair
Lower highs since 1.3557 peak, twin lows at 1.3495.
Cable rallied to 1.3557 during the London session on broad USD softness after the soft US PPI, then bled lower through the day to twin lows at 1.3495. NY open finds price basing back above the 1.3500 psych level, RSI(14) recovering toward mid-40s off the lows.
Support: 1.3500, 1.34943
Resistance: 1.3541
What it said to watch
M15 close below 1.34943 confirms a lower low and voids the double-bottom read
Reclaim of 1.3541 swing high needed to signal the pullback is done
US Fed speakers (Logan, Schmid) in coming hours could shift the USD read
Cable rolled off the 1.3557 session high posted after the soft US PPI print, grinding through lower highs to a 1.3494 low before basing on the 1.3500 round number. Buyers stepped in twice near 1.3494 during NY hours, RSI(14) recovering from the mid-40s; downside stalling but no upside break yet.
Support: 1.3494, 1.3500, 1.3450
Resistance: 1.3535, 1.3557
What it said to watch
M15 close above 1.3535 negates the lower-high sequence
Cable ran to 1.3558 during the London-NY window on broad USD weakness after the soft US PPI, then rolled over into a chain of lower highs and based at 1.3494. Now consolidating just above the 1.3500 psych level, RSI(14) mid-range near 44.
Support: 1.3500, 1.3494
Resistance: 1.3515, 1.3535, 1.3558
What it said to watch
M15 close below 1.3494 confirms a lower low and extends the down leg
Reclaim of 1.3535 negates the lower-high sequence
US Fed speakers (Logan 16:30 UTC) could shift the USD-driven read
13:02 UTC
Downtrend, off intraday highs · RSI 41 · price 1.34988
Lower highs, session low tagged at 1.3494.
NY session slid off the 1.3535 consolidation, breaking below 1.3500 to a 1.3494 session low before a bounce to 1.3515 was sold. The broad USD softness from yesterday's PPI miss caps the dollar, but this leg is a stalling intraday pullback with RSI in the low 40s and price pinned under the 1.3500 psych level.
Support: 1.3494, 1.3450
Resistance: 1.3500, 1.3515, 1.3535
What it said to watch
Reclaim of 1.3515 negates the lower-high sequence
Loss of 1.3494 session low opens the path toward 1.3450
US Fed speakers later today could shift the USD read
Cable rolled over from the 1.3557 swing high made after the PPI-driven USD sell-off, printing a series of lower highs into the current session with price now probing the 1.3500 psych level and session low at 1.34943. RSI mid-30s — soft but not oversold; ATR ~7 pips. Sellers capped each bounce below 1.3515.
Support: 1.34943, 1.3500, 1.3450
Resistance: 1.3515, 1.3540
What it said to watch
M15 close below 1.34943 exposes 1.3450 prior support
reclaim of 1.35150 bounce high needed to break the lower-high sequence
Fed speakers (Logan/Schmid) today could shift the USD tone
12:47 UTC
Downtrend after London high stalled · RSI 40 · price 1.3502
Lower highs, mid-session range broke down.
Cable topped near 1.3558 in the London session then rolled over; the 1.3520-1.3540 consolidation broke down through NY hours, printing a session low at 1.3494 before a shallow bounce to 1.3502. Move is USD-led after the soft US PPI print, RSI(14) mid-40s with no reset.
Support: 1.34943, 1.3480
Resistance: 1.3518, 1.35418, 1.35579
What it said to watch
Reclaim of 1.3518 range floor would neutralise the downside break
Loss of 1.34943 session low opens the 1.3480 support zone
Fed speaker tone into the NY afternoon could shift the USD-led move
12:46 UTC
Intraday pullback, momentum down · RSI 41 · price 1.3502
Lower highs off 1.3557 session high.
Cable faded from the 1.3557 session high through NY hours, printing a low at 1.3494 before a shallow bounce stalled near 1.3515; price now sits back at 1.3502 below EMA20/50 with RSI mid-30s. The prior surge was USD-led after soft US PPI, and the retracement reflects the buck steadying rather than fresh GBP selling.
Support: 1.3494, 1.3500, 1.3450
Resistance: 1.3515, 1.3557
What it said to watch
Reclaim of 1.3515 needed to re-test the 1.3557 session high
Break of 1.3494 opens the path toward 1.3450 support
Fed speakers (Logan, Schmid) today could shift the USD-led read
12:31 UTC
Downtrend after London high, bouncing · RSI 43 · price 1.35048
Cable ran to a session high near 1.3558 during London on soft US PPI dollar weakness, then faded through NY hours in a chain of lower highs/lows to a session low at 1.34931. Price is bouncing off that low back to 1.3505 but sits below both EMAs, RSI(14) recovering from the mid-30s.
Support: 1.34931, 1.3500
Resistance: 1.3515, 1.35408, 1.35579
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Close below 1.34931 confirms continuation of the lower-low sequence
Reclaim of 1.35150 swing high needed to challenge the intraday downtrend
12:31 UTC
Downtrend off session high, stabilising near lows · RSI 44 · price 1.35048
Lower highs since London peak, base forming ~1.3493.
Cable topped at 1.3558 early in the London session then bled lower through NY, printing a session low near 1.3493 where demand stepped in twice. Price bounced to 1.3515 and is now hovering at 1.3505, USD-led after yesterday's soft US PPI; US Retail Sales at 12:30 UTC is the immediate driver.
Support: 1.34931, 1.3480, 1.3450
Resistance: 1.3515, 1.3536, 1.35579
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Loss of 1.3493 confirms a lower low and breaks the base
Reclaim of 1.3515 opens the path back toward the 1.3536 prior range
12:17 UTC
Downtrend, bouncing off lows · RSI 44 · price 1.35071
Lower highs off 1.3558, support at 1.3494.
Cable drifted lower through the London session off yesterday's 1.3558 high, printing a soft double bottom near 1.3493/1.3494 before rebounding to 1.3507. The broader move is USD-led after soft US PPI; RSI(14) recovering from oversold as buyers stepped in twice at the session low.
Support: 1.3494, 1.3500
Resistance: 1.3515, 1.35418
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Lower highs / lower lows off session high, recent bounce.
Cable stalled sub-1.3560 at the session high and rolled over into a clean lower-high, lower-low sequence, printing a session low at 1.34943 before a bounce back to 1.3507. Move is USD-led after yesterday's soft US PPI; NY session sellers still capping into descending highs.
Support: 1.34943, 1.3500
Resistance: 1.3515, 1.35385, 1.35579
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
M15 close below 1.34943 confirms a fresh lower low
Reclaim of 1.35150 opens the path back toward 1.35385
12:01 UTC
Intraday pullback from session high · RSI 42 · price 1.35054
Lower highs since peak, double-bottom probe at session low.
Cable pushed to a session high near 1.3558 mid-window on the USD-led leg after soft US PPI, then rolled over into a chain of lower highs and slid to 1.3494. Buyers stepped in twice around 1.3494 during NY hours and price is bouncing to 1.3505, but it sits below both EMAs with RSI(14) mid-40s.
Support: 1.34935, 1.3500
Resistance: 1.3538, 1.35579
What it said to watch
US Retail Sales at 12:30 UTC (~30 min) could materially shift this read
M15 close below 1.3494 confirms a lower low and voids the double-bottom
Reclaim of 1.3538 needed to challenge the descending lower-high line
12:01 UTC
Pulling back off session high · RSI 37 · price 1.35054
Lower highs into support, sub-1.3510.
Cable topped near 1.3558 after the soft US PPI-driven USD sell-off, then rolled over through a rounded top and is grinding lower into 1.3500. Price sits below EMA20/50 with RSI(14) at 37, and the session low at 1.3493 was swept before a shallow bounce ahead of US Retail Sales.
Support: 1.34931, 1.3500, 1.3480
Resistance: 1.3542, 1.35579
What it said to watch
US Retail Sales at 12:30 UTC (~30m) can materially shift this read
M15 close below 1.3493 confirms a lower-low continuation
Reclaim of 1.3542 pivot negates the pullback
11:46 UTC
Intraday downdrift off session high · RSI 37 · price 1.3501
Lower highs, testing session low.
Cable rallied into the London session to a high near 1.3556 on soft US PPI USD weakness, then bled lower through NY morning into a chain of lower highs, now at 1.3501 with RSI(14) mid-30s. Session low at 1.3494 is being probed; the 1.3556 top is unchallenged since the pullback began.
Support: 1.3494, 1.3480, 1.3450
Resistance: 1.3520, 1.3556
What it said to watch
US Retail Sales at 12:30 UTC (~45m) can materially shift this read
Cable rolled over from the 1.3557 session high, carving lower highs through the NY session and now pressing the session low at 1.3494. The pullback is USD-led — a stretched cable unwinding after the soft US PPI spike — with RSI(14) near 38 but not yet oversold. Price trades below EMA20 and EMA50.
Support: 1.3494, 1.3480, 1.3450
Resistance: 1.3536, 1.3557
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this USD-led read
Break below 1.3494 confirms a lower-low and opens the 1.3480 support zone
Reclaim of 1.3536 swing high negates the lower-high sequence
Cable rolled over through the NY session, breaking down from the 1.3535 range that held most of the day and pressing into the session low at 1.34943; the earlier surge to 1.3556 on soft US PPI has fully unwound. RSI(14) near 29, short-term stretched but no reversal signal yet. Below the 1.3500 psych level now.
Support: 1.34943
Resistance: 1.3500, 1.3534, 1.3556
What it said to watch
US Retail Sales at 12:30 UTC (~65 min) could materially shift this read
Loss of 1.34943 confirms continuation of the lower-low sequence
Rolling over from 2-month high, pressing session low.
Cable stalled sub-1.3560 at the 2-month high and has since ground lower into the London-NY transition, chaining lower highs and now testing the session low at 1.34943 with RSI(14) near 31. The move is USD-led after soft US PPI faded; price sits below EMA20 and EMA50 with no sign of demand yet.
Support: 1.34943, 1.3480
Resistance: 1.3540, 1.3556
What it said to watch
Close below 1.34943 confirms a lower low, opening 1.3480 prior support
Reclaim of 1.3540 swing high negates the intraday rollover
US Retail Sales at 12:30 UTC could materially shift this USD-led read
11:16 UTC
Intraday downtrend after topping · RSI 32 · price 1.3498
Lower highs, range floor broken.
Cable topped near 1.3558 earlier and coiled in a 1.3520-1.3540 range, then rolled over through the current session, losing the 1.3520 floor and printing a fresh session low at 1.3497. Move is USD-led — soft US PPI faded and the dollar has firmed slightly into Retail Sales; RSI(14) has cooled into the low 30s, near-oversold but not extreme.
Support: 1.3497, 1.3480, 1.3450
Resistance: 1.3520, 1.3540
What it said to watch
Reclaim of 1.3520 negates the range breakdown
Failure to hold 1.3480 opens 1.3450 support
US Retail Sales 12:30 UTC could materially shift this read
11:16 UTC
Downtrend, intraday leg lower · RSI 29 · price 1.3498
Lower highs, lower lows off 1.3558 session high.
Cable rolled over from the 1.3558 session high through the London session, printing a chain of lower highs and breaking the 1.3500 psych level to a fresh session low at 1.3497 on the last bar. RSI(14) near 29 shows momentum stretched short-term after a steady grind lower; USD softness from soft PPI stalled sub-1.3560 and price has since retraced.
Support: 1.3497, 1.3480, 1.3450
Resistance: 1.3500, 1.3535, 1.3558
What it said to watch
M15 close back above 1.3500 psych would neutralise the breakdown
Failure to hold 1.3480 support zone confirms extension of the lower-low sequence
US Retail Sales at 12:30 UTC could materially shift this USD-led move
11:01 UTC
Downtrend off session high · RSI 34 · price 1.35019
Lower highs, pressing session low.
Cable topped at 1.3557 in the earlier session then rolled over, breaking below the 1.3520 balance and grinding into the 1.3500 psych level with RSI(14) near 34. A chain of lower highs is intact as price approaches the session low at 1.3502.
Support: 1.3500, 1.3502
Resistance: 1.3540, 1.3557
What it said to watch
US Retail Sales 12:30 UTC could materially shift this read
Failure to hold 1.3500 psych confirms a fresh lower low
M15 close back above 1.3540 swing pivot negates the lower-high sequence
Cable has slid off the 1.3557 session high and broken below the 1.3530 consolidation, printing fresh lows at 1.3502 into the NY session, RSI(14) around 31. Price is pinned to the 1.3500 handle after a soft-USD week; move is USD-driven, not GBP strength.
Support: 1.3500, 1.35015
Resistance: 1.3540
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Failure to hold 1.3500 confirms continuation lower
M15 close back above 1.3540 negates the breakdown
10:46 UTC
Uptrend fading, pulling back · RSI 35 · price 1.35065
Lower highs into session low.
Cable rallied from 1.3398 to 1.3558 on the soft US PPI print, stalled under the 1.3550 cap and has rolled over through London hours. Last six bars printed a chain of lower highs into a fresh session low at 1.3502, RSI(14) sub-35 but not yet extreme.
Support: 1.3502, 1.3500, 1.3496
Resistance: 1.3540, 1.3550, 1.3558
What it said to watch
US Retail Sales at 12:30 UTC (~2h) could materially shift this read
Loss of 1.3500 psych extends the lower-low sequence
Reclaim of the 1.3540 consolidation zone neutralises the pullback
Cable rolled over through the NY session, sliding from the 1.3558 session high in a clean lower-high/lower-low chain toward the 1.3500 round number; the soft-US-PPI rally is stalling sub-1.3550. RSI(14) subdued around 35 with price pinned below EMA20/EMA50 as sellers press the session low at 1.35023.
Support: 1.35023, 1.3500, 1.34878
Resistance: 1.3519, 1.3534, 1.35579
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
M15 close below 1.35000 opens the path to 1.34878
Reclaim of 1.35190 broken level would ease downside pressure
10:32 UTC
Intraday downswing after range breakdown · RSI 33 · price 1.35026
Lower highs, lower lows off 1.3557.
Cable rolled over out of the 1.3540-1.3557 range through the NY session and is now testing the 1.3500 round number, a chain of lower highs since the 1.3557 session high. The pullback fits a firmer dollar trimming the PPI-driven pop; price sits just above the 38.2% fib of the earlier up leg at 1.34928.
Support: 1.3500, 1.34928
Resistance: 1.3540
What it said to watch
Sustained M15 close below 1.3500 opens the 1.34928 fib 38.2 area
Reclaim of the 1.3540 broken range would neutralise the downswing
US Retail Sales at 12:30 UTC could materially shift this read
Cable rolled over from the 1.3557 session high and broke below the 1.3520-1.3540 consolidation, printing lower lows into 1.3502 through the London session with RSI(14) near 31. The digest notes the earlier pop was dollar-led on the soft US PPI, so gains are unwinding as price stalls under the 1.3550 cap.
Support: 1.3500
Resistance: 1.3533, 1.3540, 1.3550
What it said to watch
US Retail Sales 12:30 UTC could materially shift this read
Lower highs, lower lows; broke overnight range floor.
London session sold cable from ~1.3542 down through the overnight range floor to a session low at 1.35050, price now hugging 1.35076 below EMA20/50. Move reflects a USD rebound on Iran safe-haven flows capping the PPI-led rally under the 1.3550 cap; RSI(14) near 34, extended but not yet oversold.
Support: 1.3505, 1.3500
Resistance: 1.3538, 1.3550
What it said to watch
Loss of 1.35050 session low opens the 1.35000 psych level
Reclaim of 1.35380 swing high needed to challenge the 1.3550 cap
US Retail Sales at 12:30 UTC (~2h out) could materially shift this read
Cable broke down through the 1.3540 range floor after hours of consolidation, printing lower lows to 1.35054 during London hours with RSI(14) sub-40. The PPI-driven pop toward the 1.3550 cap is unwinding as the dollar firms.
Support: 1.35054, 1.3500
Resistance: 1.3540, 1.3555
What it said to watch
M15 close back above 1.3540 negates the downside break
Loss of 1.35000 round number extends the lower-low sequence
US Retail Sales 12:30 UTC could materially shift this read
10:02 UTC
Downtrend, intraday pullback from range · RSI 34 · price 1.35075
Lower highs / lower lows off session top.
Cable broke below the overnight 1.3520-1.3545 range during the London session and printed fresh session lows at 1.3505, RSI(14) near 33. Renewed USD safe-haven bid on Hormuz headlines trimmed the PPI-driven rally, with 1.3520 now acting as broken support overhead.
Support: 1.35054, 1.3500
Resistance: 1.3524, 1.3544
What it said to watch
Reclaim above 1.3524 negates the breakdown and returns price into the prior range
US Retail Sales at 12:30 UTC could materially shift this read
Failure to hold 1.3505 opens the path to the 1.3500 psych level
Broke down from consolidation, lower highs and lows.
Cable rolled over through the London session, slipping from ~1.3540 to a session low at 1.35054 and breaking the prior 1.3535–1.3557 consolidation. RSI(14) is oversold in the low 20s after the one-way decline. US Retail Sales at 12:30 UTC is the next scheduled driver.
Support: 1.35054, 1.3500
Resistance: 1.3520, 1.3535, 1.3542
What it said to watch
Reclaim above 1.35200 would neutralise the breakdown read
Loss of 1.3500 round number extends the lower-low sequence
US Retail Sales at 12:30 UTC could materially shift this read
09:47 UTC
Prior uptrend rolling over, momentum down · RSI 30 · price 1.35097
Lower highs, breakdown from 1.3520-1.3540 range.
Cable's USD-weakness rally stalled just under 1.3560 and has since bled lower, breaking the 1.3520-1.3540 consolidation and pressing a fresh session low at 1.35054. RSI(14) near 30 reflects the sharp intraday fade; former range floor at 1.3520 now caps as resistance.
Support: 1.35054, 1.3500, 1.3490
Resistance: 1.3520, 1.3544, 1.35579
What it said to watch
M15 close back above 1.3520 negates the breakdown and reopens 1.3544
Failure to hold 1.3500 confirms continuation lower toward 1.3490
US Retail Sales 12:30 UTC could materially shift this read
09:46 UTC
Pullback after topping near 1.3558 · RSI 34 · price 1.35097
Lower highs, lower lows into London.
Cable stalled under the 1.3558 session high overnight after its PPI-driven surge, then drifted lower through Asia and into the London session, now printing lower lows near 1.3510. RSI(14) is cooling into the low 30s with price back below EMA20/50; recent-high rejection at 1.3539 capped the last bounce.
Support: 1.35054, 1.3500
Resistance: 1.35386, 1.35579
What it said to watch
M15 close below 1.3505 session low opens the 1.3500 round number
reclaim of the 1.3539 recent high needed to negate the lower-high sequence
US Retail Sales at 12:30 UTC could materially shift this read
09:31 UTC
Uptrend faded, rolling over · RSI 37 · price 1.35104
Lower highs off 1.3558 stall, pressing session lows.
London rally into the 1.3558 stall zone was rejected and price has since ground into a chain of lower highs, now testing the session low at 1.3509 with RSI(14) near 37. GBP is essentially flat on in-line May GDP — the leg lower here tracks the wider consolidation after the PPI-driven USD-weakness surge.
Support: 1.3509, 1.3500
Resistance: 1.3540, 1.3558
What it said to watch
M15 close below 1.3500 confirms extension of the lower-high sequence
Reclaim of 1.3540 needed to negate the fade from 1.3558
US Retail Sales at 12:30 UTC (~3h out) could reset this read
09:31 UTC
Downtrend, rolling off session high · RSI 34 · price 1.35104
Range break lower after consolidation.
Cable rolled off the 1.3558 session high and has broken below the 1.3520-1.3545 consolidation, now pressing the 1.3509 session low with RSI(14) sub-35. The earlier USD-weakness rally stalled just under 1.3550 per the macro read; momentum has since turned lower into the London session.
Support: 1.35089, 1.3500
Resistance: 1.3534, 1.3545, 1.35579
What it said to watch
M15 close back above 1.3534 negates the range break lower
Failure to hold 1.35089 confirms continuation lower toward 1.3500
US Retail Sales at 12:30 UTC (~3h) could materially shift this read
Lower highs, breaking below the 1.3530 consolidation.
Cable's rally stalled just under 1.3558 and has since rolled over, breaking the 1.3530 consolidation to print 1.3515 with RSI(14) near 36. The stall lines up with the flagged 1.3540/1.3550 zone as the Dollar steadies after its soft-PPI slide.
Support: 1.3515, 1.3500
Resistance: 1.3540, 1.3558
What it said to watch
Reclaim of 1.3540 stall zone would negate the intraday breakdown
Sustained trade below 1.3515 opens the path toward the 1.3500 psych level
US Retail Sales at 12:30 UTC could materially shift this read
09:17 UTC
Uptrend fading, rolling lower · RSI 40 · price 1.35179
Pullback from session high, range broken lower.
Cable ripped >1% off the 1.3380 area on post-PPI USD weakness, stalling just under 1.3558 before fading through the London session. Price has since broken the 1.3530-1.3545 consolidation lower and is probing the session low at 1.35149 with RSI(14) cooling near 40.
Support: 1.35149, 1.3500
Resistance: 1.3544, 1.3550, 1.35579
What it said to watch
M15 close below 1.35149 confirms a lower low and extends the downside
Reclaim of 1.3544 would negate the range break lower
US Retail Sales 12:30 UTC could materially shift this read
09:01 UTC
Uptrend stalled, pulling back · RSI 41 · price 1.35207
Rally capped sub-1.3550, drifting to session low.
Cable rode soft-US-PPI USD weakness up to 1.3558 through London but stalled sub-1.3550, exactly the ceiling flagged by desks. It has since consolidated and rolled to the session low at 1.3519 into NY hours, RSI(14) cooling to the low 40s and price back below both EMAs.
Support: 1.3519, 1.3500
Resistance: 1.3545, 1.3550, 1.3558
What it said to watch
US Retail Sales 12:30 UTC (HIGH) could materially shift this read
Close below 1.3519 opens the path toward the 1.3500 handle
Reclaim of 1.3545 puts the 1.3550 stall back in play
Consolidation under session high, testing lower edge.
Cable ripped through 1.3540 during London after soft US PPI gutted the Fed bid, peaking at 1.3558 before stalling. Price has since drifted to the lower edge near 1.3520, RSI(14) cooling into the low 40s as the session-high rejection holds.
Support: 1.3519, 1.3500
Resistance: 1.3540, 1.3558
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
M15 close below 1.3519 session low opens the 1.3500 psych handle
Reclaim of 1.3540 pivot puts the 1.3558 session high back in play
Extended rally into 1.3557, now consolidating sub-1.3550.
Cable ripped from 1.3380 to a 1.3557 high through the London-NY session on soft US PPI, then stalled sub-1.3550 and consolidated through Asia. Price is now pressing the 1.3520 session low as London opens, RSI(14) cooled to the low-40s and holding below EMA20/50.
Support: 1.3520, 1.3500
Resistance: 1.3545, 1.3557
What it said to watch
A close below 1.3520 confirms a lower low and opens the 1.3500 handle
Reclaiming 1.3545 puts the 1.3557 swing high back in play
US Retail Sales at 12:30 UTC could materially shift this read
Cable's post-PPI rally stalled just under 1.3550 and has since drifted toward session lows near 1.3520, RSI(14) cooling around 40 with price now below EMA20 and EMA50. Supply capped repeatedly at 1.3540-1.3558; last leg down broke through the 1.3530 shelf into 1.3520.
Support: 1.35194, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
M15 close below 1.3519 confirms a lower low and extends the pullback
US Retail Sales at 12:30 UTC could materially shift this read
Reclaim of 1.3540 negates the lower-high sequence
08:32 UTC
Uptrend stalling, pulling back · RSI 42 · price 1.35235
Cable rallied hard through yesterday's US session on the soft PPI print, peaking at 1.3558 before stalling sub-1.3550 as the digest flagged. London has drifted lower into a 1.3520-1.3540 consolidation, with the latest bars rejecting 1.3540 and pulling back toward the session low near 1.3520.
Support: 1.3520, 1.3500
Resistance: 1.3540, 1.3558
What it said to watch
M15 close below 1.3520 exposes the 1.3500 psych level
Reclaim of 1.3540 reopens the 1.3558 session high
US Retail Sales at 12:30 UTC could break this range
08:31 UTC
Pullback after NY rally stalled · RSI 42 · price 1.35235
Consolidation broken to the downside.
Cable's NY rally yesterday stalled sub-1.3550 (the priced-in stall zone), then chopped 1.3530-1.3542 through the Asian session. London opened soft and price has just broken the consolidation floor toward 1.3520 session support, RSI(14) cooling into the low 40s.
Support: 1.3520, 1.3500
Resistance: 1.3542, 1.3550
What it said to watch
M15 close below 1.3520 opens the path toward 1.3500
Reclaim of 1.3542 range top negates the downside break
US Retail Sales at 12:30 UTC could materially shift this read
08:17 UTC
Uptrend stalled, rolling over · RSI 41 · price 1.3523
Consolidation broken to the downside.
Cable ran through 1.3400 into a 1.3558 peak during the London-NY session on soft-USD PPI, then stalled sub-1.3550 as flagged. Overnight it coiled in a 1.3530–1.3540 consolidation and the latest bar has broken the range floor to 1.3521, RSI(14) cooling to ~41. Momentum has faded off the highs.
Support: 1.3521, 1.3500
Resistance: 1.3550, 1.3558
What it said to watch
Reclaim of 1.3540 puts price back inside the prior consolidation
Failure to hold 1.3521 range floor exposes the 1.3500 round number
US Retail Sales at 12:30 UTC could materially shift this read
Cable ran ~1.7% off 1.3380 into a 1.3557 session high during the NY session, matching the ~1.3550 stall zone flagged as much of the hawkish BoE story is priced. Price has ranged 1.3520-1.3545 through the Asian session; the latest London bar broke the range floor to 1.3521 with RSI(14) near 41.
Support: 1.3520, 1.3500
Resistance: 1.3545, 1.3557
What it said to watch
Sustained M15 close below 1.3520 confirms a lower low out of the range
Close above 1.3557 clears the session-high stall zone
US Retail Sales at 12:30 UTC (~4h out) could reset this read
Cable ran hard through the London morning on soft-USD tailwind after the US PPI miss, peaking at 1.3557 before stalling sub-1.3550 as the digest flags. Since then it has gone sideways, boxed between 1.3519 and 1.3544 with RSI flattening near 50 — no fresh direction while the market waits on US Retail Sales.
Support: 1.3519, 1.3500
Resistance: 1.3544, 1.3550
What it said to watch
US Retail Sales at 12:30 UTC could break this range in either direction
M15 close above 1.3544 reopens the 1.3550 stall zone
Loss of 1.3519 confirms a lower-low and unwinds the consolidation
08:01 UTC
Uptrend stalled, now flat · RSI 49 · price 1.35326
Consolidation sub-1.3550 after impulse.
Cable rallied through 1.3400 on the soft US PPI print, stalling just under the 1.3550 cap into the London-NY session before drifting back. Price is now consolidating 1.3520–1.3540 in early London with RSI(14) neutral near 49 and ATR compressed to ~6 pips — no setup in play.
Support: 1.3520, 1.3527
Resistance: 1.3555, 1.3558
What it said to watch
M15 close above 1.3558 clears the 1.3550 stall zone
Loss of 1.3520 swing low confirms a lower low
US Retail Sales at 12:30 UTC could break this range
Cable rallied through 1.3400 to a 1.3558 session high during yesterday's NY hours on the soft US PPI print, then went sideways overnight in a thin Asian range. London has reopened with price coiling 1.3519–1.3545, stalling under the 1.3550 zone flagged in the digest.
Support: 1.35194, 1.3500
Resistance: 1.3545, 1.35579, 1.3550
What it said to watch
M15 close above 1.3550 clears the stall zone and reopens the breakout
loss of 1.3519 confirms a lower low and unwinds the range
US Retail Sales at 12:30 UTC could materially shift this read
Cable ran from 1.3380 through 1.3400 to a 1.35579 swing high on the soft US PPI print, then stalled and has ranged 1.3520–1.3540 through the Asia/early-London hours. RSI(14) has cooled to the mid-40s as price chops sideways under the 1.3550 stall zone.
Support: 1.35207, 1.3500
Resistance: 1.3555, 1.35579
What it said to watch
US Retail Sales at 12:30 UTC could break this range in either direction
M15 close above the 1.35579 swing high reopens the 1.3550 stall zone break
Loss of the 1.35207 session low confirms a lower low
Cable rallied to a 1.3557 session high on soft US PPI, stalled sub-1.3550 and has since consolidated 1.3520–1.3542 into the London open. RSI(14) sits neutral near 49 with flat momentum; the 61.8% retrace of the rally held at the 1.3520 range floor.
Support: 1.3520, 1.3495
Resistance: 1.3542, 1.3557
What it said to watch
M15 close above 1.3542 range top reopens the 1.3557 swing high / 1.3550 stall zone
Loss of the 1.3520 range floor exposes the 1.3495 breakout base
US Retail Sales at 12:30 UTC could materially shift this read
07:32 UTC
Uptrend stalling, now ranging · RSI 47 · price 1.35337
Consolidation under session high after strong rally.
Cable ran from 1.3380 to a session high of 1.3558 through the London-NY session on soft US PPI, then stalled sub-1.3542 and has been chopping 1.3520–1.3542 through the Asian range. RSI(14) neutral near 47, price pinned to its EMAs — no directional impulse into US Retail Sales.
Support: 1.35207, 1.35268
Resistance: 1.3542, 1.35579
What it said to watch
US Retail Sales at 12:30 UTC could break the range either way
Close above 1.3542 reopens the 1.3558 session high
Cable rallied hard through 1.3540 into the 1.3558 session high on the soft US PPI-driven USD slide, then rejected sub-1.3550 — the digest's noted stall zone. Price has since consolidated 1.3527–1.3542 through the Asian session, RSI(14) neutral near 53 and volume thin.
Support: 1.3527, 1.3519
Resistance: 1.3542, 1.3550, 1.3558
What it said to watch
M15 close above 1.3558 clears the session high and stall zone
US Retail Sales at 12:30 UTC could materially shift this read
Loss of 1.3519 breaks the consolidation floor to a lower low
Cable ran from 1.3380 to 1.3558 on the soft US PPI print, then stalled under the 1.3550 psych level and has been consolidating between 1.3527 and 1.3544 through the Asia session into London. RSI(14) neutral near 52, ATR compressed to ~5 pips — range still intact.
Support: 1.3527, 1.35207
Resistance: 1.3544, 1.3550, 1.35579
What it said to watch
M15 close above 1.3550 clears the stall zone and reopens 1.3558
Loss of 1.3521 confirms a lower-low and breaks the range floor
US Retail Sales 12:30 UTC (~5h) could drive the next USD leg
Cable ripped from 1.3380 through the 200-day EMA to 1.3558 on the US PPI-driven dollar slide, then stalled and has been ranging 1.3520–1.3550 into today's London open. The 1.3550 cap flagged in the digest is capping the advance; RSI(14) neutral near 54, ATR compressed to ~6 pips.
Support: 1.3520, 1.3500
Resistance: 1.3550, 1.35579
What it said to watch
M15 close above 1.3550 cap confirms breakout continuation toward 1.35579 session high
Failure to hold 1.3520 range low opens the path back toward 1.3500 psych
US Retail Sales 12:30 UTC could materially shift this read
Consolidating below session high after impulsive rally.
Cable ripped to a 1.3558 session high on the US PPI-driven dollar slide, then stalled into the 1.3550 cap. Now consolidating roughly 1.3521–1.3544 through the London morning, RSI(14) neutral near 53. US Retail Sales at 12:30 UTC is the next catalyst.
Support: 1.35207, 1.3500
Resistance: 1.3550, 1.35579
What it said to watch
M15 close above 1.3550 confirms the breakout continuation
Loss of 1.3521 swing low opens the 1.3500 psych level
US Retail Sales 12:30 UTC could materially shift this read
Cable's USD-led rally to 1.3558 (soft US PPI drove the leg through 1.3400) has flattened into a tight 1.3520–1.3545 consolidation, stalling under the 1.3550 cap. RSI(14) is neutral near 53 and ATR has compressed to ~8 pips into the London morning.
Support: 1.3520, 1.3500
Resistance: 1.3550, 1.3558
What it said to watch
M15 close above 1.3558 confirms the breakout continues
Failure to hold 1.3520 opens a slide toward 1.3500
US Retail Sales at 12:30 UTC could break the range in either direction
Cable ripped through 1.3400 and the 200-day EMA into the 1.3558 session high during NY hours yesterday on the soft US PPI miss, then stalled under the 1.3550 cap. Since then it has coiled in a tight 1.3520–1.3550 range through Asia into early London, RSI(14) neutral near 53 and ATR compressed to ~7 pips.
Support: 1.3529, 1.35194
Resistance: 1.3550, 1.35579
What it said to watch
M15 close above 1.3550 confirms the breakout toward the 1.3558 session high
Failure to hold 1.3520 exposes the 1.3519 swing low
US Retail Sales at 12:30 UTC could break the range in either direction
Cable ran ~180 pips off 1.3380 into 1.3558 on the soft US PPI/CPI-driven dollar sell-off, then went sideways through the Asia session in a tight 1.3520-1.3545 band. London open saw a modest pop to 1.3539 around the UK GDP print with RSI(14) neutral near 53; range top still capping.
Support: 1.3520, 1.3500
Resistance: 1.3545, 1.3558
What it said to watch
Close above 1.3558 session high extends the impulse toward 1.3600
Loss of 1.3520 range low opens deeper retrace of the rally
US Retail Sales 12:30 UTC could break this range either way
Cable rallied ~180 pips through the London-NY session to 1.3558 on the soft US PPI-driven Dollar sell-off, then rolled into an Asian consolidation between 1.3521 and 1.3544. Price is drifting mid-range at 1.3536 with RSI(14) neutral near 52; no fresh push in play after this morning's UK GDP.
Support: 1.3521, 1.35194
Resistance: 1.3544, 1.35579
What it said to watch
M15 close above 1.3544 reopens the session high at 1.3558
Loss of 1.3521 breaks the consolidation floor toward 1.3519
US Retail Sales at 12:30 UTC could break this range
Cable ran to a 1.3557 session high through the NY session on soft US PPI, then rolled into a tight consolidation and is now hovering near 1.3536 in early London. Buyers have defended the 1.3520 swing low repeatedly, but momentum has flattened with RSI back near 53.
Support: 1.35194, 1.3500
Resistance: 1.35579, 1.3544
What it said to watch
M15 close above 1.3557 session high extends the rally toward 1.3600
Loss of 1.35194 swing low confirms a deeper pullback
US Retail Sales at 12:30 UTC could break the consolidation either way
Cable rallied ~180 pips off the 1.3380 low through the window on the broad USD sell-off after soft US PPI, tagging a swing high at 1.3558 before stalling. Since then it has consolidated 1.3520-1.3540 into the London morning, RSI mid-range and momentum flat; the 1.35270 swing low has held on the pullbacks.
Support: 1.3527, 1.35194, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP just released at 06:00 UTC could re-price cable within the next bars
US Retail Sales at 12:30 UTC could materially shift this read
M15 close below 1.35270 opens the session low at 1.35194
Cable ran from 1.3380 to a session high of 1.3558 on the soft US CPI/PPI misses, then rolled over into a tight 1.3520-1.3544 range. Price is holding just above EMA20/50 mid-range with RSI(14) neutral near 53; no directional setup in play.
Support: 1.3527, 1.35194
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP release at 06:00 UTC could break the 1.3520-1.3544 range
US Retail Sales at 12:30 UTC is the next major driver
close above 1.35440 opens the 1.35579 session high
Cable ran from the 1.3380 base to a 1.3558 session high on the soft US PPI Dollar sell-off, then rolled into a tight consolidation. Price is coiling between 1.3521 and the session high, holding above the 200-day near 1.3400 with RSI(14) back to neutral.
Support: 1.3521, 1.3500
Resistance: 1.3558, 1.3544
What it said to watch
UK GDP released at 06:00 UTC (f/c +0.1%) — a miss risks a slip back toward 1.3500
A close above 1.3558 reopens the path toward 1.3600
US Retail Sales 12:30 UTC could reset the Dollar leg driving this range
Loss of 1.3521 confirms a lower-low and breaks the consolidation
Cable ran from 1.3380 to 1.3557 after softer US PPI hammered the Dollar, clearing the 200-day/1.3400 barrier, then stalled and drifted sideways through the low-volume Asian session. Now boxed between 1.3520 and 1.3544 with RSI(14) neutral near 46; no fresh direction until London gets involved.
Support: 1.3520, 1.3490
Resistance: 1.3544, 1.3557
What it said to watch
UK GDP at 06:00 UTC (minutes out) could break the Asian range either way
M15 close above 1.3557 resumes the leg up toward the highs
Close below 1.3520 breaks the consolidation floor toward the 1.3490 fib
Cable ran from 1.3380 to a session high of 1.3557 through the London-NY window as soft US PPI weighed on the dollar. Asia has since gone quiet on thin volume, consolidating between 1.3519 and 1.3541 with RSI back to neutral; the rally has stalled just under the highs.
Support: 1.3519, 1.3500
Resistance: 1.3541, 1.3557
What it said to watch
UK GDP at 06:00 UTC is imminent and can break this range in either direction
M15 close above 1.3557 reopens the path higher; loss of 1.3519 confirms a lower low
Range-bound after impulsive rally, holding above prior swing.
Cable ran ~180 pips through the London-NY window to 1.35579 on the soft US PPI miss, then rolled into a tight Asian-session range between the 1.35194 range low and the 1.35440 range top. Price is grinding back toward mid-range at 1.3539 with RSI cooled to ~57 and ATR compressed near 5 pips.
Support: 1.35194, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~30m out) could materially shift this read
M15 close above 1.35440 range top opens a retest of the 1.35579 session high
Break below the 1.35194 range low confirms a lower low
05:32 UTC
Uptrend, consolidating near highs · RSI 56 · price 1.35391
Range holding below session high after rally.
Cable rallied to 1.3558 through the NY session after soft US PPI hit the Dollar, then drifted into a tight 1.3520-1.3544 range across the Asian session. RSI(14) neutral near 56; price holding above EMA20/50 but momentum flat into the London open.
Support: 1.3520, 1.3507
Resistance: 1.3544, 1.3558
What it said to watch
UK GDP at 06:00 UTC could break the 1.3520-1.3544 range
Cable ran through NY hours after the soft US PPI print, peaking at 1.35579 before easing into a tight Asian-session range roughly 1.3520-1.3544. RSI(14) has cooled to neutral and ATR is thin at ~6 pips; price is holding just above the EMA20/50 with the swing high still capping.
Support: 1.35194, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~45m out) can break this range in either direction
M15 close above 1.35440 prior high reopens the 1.35579 swing high
Loss of 1.35194 session low confirms a deeper pullback toward 1.3500 psych
Consolidation near session highs after London rally.
Cable ran from 1.3380 to a session high 1.35579 through London/NY after the soft US PPI miss knocked the Dollar, then flattened. Asian hours are consolidating a tight 1.3520-1.3545 range on thin volume, RSI(14) neutral near 51 and ATR compressed to ~5 pips.
Support: 1.35194, 1.35273
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP/Production at 06:00 UTC (~45m) could break the 1.3520-1.3545 range in either direction
Close above 1.35579 extends the intraday uptrend toward 1.3600
Loss of 1.35194 session low signals the London leg is unwinding
US Retail Sales 12:30 UTC is the next major driver
Cable rallied ~150 pips to 1.35579 on the soft US PPI-driven dollar sell-off, then drifted into a tight 1.3521–1.3545 range through the Asia session. RSI(14) sits neutral near 51 and ATR has compressed to ~5 pips as price coils just under the session high ahead of the London open.
Support: 1.35207, 1.3491
Resistance: 1.35579, 1.3544
What it said to watch
UK GDP at 06:00 UTC (~1h out) can break this compression either way
M15 close above 1.35579 resumes the up-leg toward 1.3600
Consolidating just below session high after NY rally.
Cable rallied ~1.5% off 1.3380 into 1.3558 through the NY session after the soft US PPI knocked the Dollar, then faded and has been ranging 1.3521-1.3544 through Asia. RSI(14) cooled back to mid-range and ATR is thin, typical of the pre-London lull.
Support: 1.35207, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~1h) could materially shift this read
M15 close above 1.3558 resumes the higher-high sequence toward 1.3600
Loss of 1.3521 exposes the 1.3500 psych level
04:47 UTC
Uptrend from NY, now flat · RSI 49 · price 1.35338
Consolidating near session highs after rally.
Cable ran from ~1.3380 to 1.3558 through the NY session as soft US PPI hit the dollar, then drifted into a tight Asian-hours consolidation between 1.3520 and 1.3544, RSI(14) back to mid-range. Price holds above both EMAs but momentum has flattened just below the swing high.
Support: 1.35207, 1.3509
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC could materially shift this read
A close above 1.35440 reopens the 1.35579 swing high
Loss of 1.35207 confirms a lower-low and ends the consolidation
Cable rallied off 1.3400 on soft US PPI, peaking at 1.3558 during NY hours before drifting into an Asian-session range of 1.3521-1.3544. Price is coiling near 1.3534 with RSI(14) flat around 51, ATR compressed to ~5.5 pips.
Support: 1.35207, 1.35273
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~1h away) could break this range in either direction
M15 close above 1.35440 reopens the 1.35579 session high
Failure to hold 1.35207 confirms a lower-low into London
Consolidation below session high after impulsive rally.
Cable ran ~180 pips through the London-NY session to a 1.35579 high on the soft US PPI print, clearing the 1.3400 200-day cap. Since then it has consolidated through the Asian session between 1.3520 and 1.3544 on thin volume, RSI(14) cooling back to neutral near 49 with price hugging EMA20.
Support: 1.35207, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~1.5h) is the immediate catalyst for this range
M15 close above 1.35440 reopens the 1.35579 session high
Loss of 1.35207 confirms a lower-low and deeper retrace
US Retail Sales 12:30 UTC could reshape the intraday read
Cable ran ~180 pips off 1.3380 into 1.35579 through the London-NY session, driven by the soft US PPI print hitting the dollar. Rally has since faded, with the pair drifting into a tight Asian-session range around 1.3520-1.3544; RSI(14) back to neutral after cooling from the highs.
Support: 1.35194, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
M15 close above 1.35440 reopens the session high at 1.35579
Loss of 1.35194 session low confirms a lower-low within the range
UK GDP at 06:00 UTC (~1.5h) could materially shift this read
04:17 UTC
Uptrend, consolidating after NY rally · RSI 51 · price 1.35339
Tight range under session high.
Cable rallied through NY hours on the soft US PPI miss, peaking at the 1.3558 session high before Asia trade drifted into a tight 1.3519–1.3544 range. RSI(14) neutral near 51 with ATR compressed to ~5 pips; price sits mid-range at 1.3534 into the London open.
Support: 1.3519, 1.3500
Resistance: 1.3544, 1.3558
What it said to watch
UK GDP at 06:00 UTC could materially shift this read
Range-bound after impulsive rally, HH-HL chain paused.
Cable rallied through the 200-day near 1.3400 after soft US PPI, peaking at 1.3557 in the NY session before rolling into a 1.3521-1.3544 range. Quiet Asian session now, volumes thin and RSI(14) neutral near 50 as price hovers around EMA20.
Support: 1.3521, 1.3510
Resistance: 1.3544, 1.3557
What it said to watch
UK GDP at 06:00 UTC (~2h) could materially shift this read
M15 close above 1.3557 resumes the uptrend toward 1.3500 handle extension
Loss of 1.3521 swing low opens the 1.3510 prior swing
Cable ran up through the London-NY session to 1.3558 after soft US PPI hit the Dollar, clearing the 1.3400 200-day area, then rejected and is now consolidating 1.3521-1.3544. RSI(14) has cooled back to neutral as the rally loses steam; price hovering on the EMA20.
Support: 1.35207, 1.3500, 1.3480
Resistance: 1.35579, 1.3544
What it said to watch
UK GDP at 06:00 UTC (~2h) could materially shift this read
Cable ripped ~180 pips through the NY session yesterday to 1.3558 as soft US PPI knocked the Dollar broadly. Price has since drifted into a tight consolidation between 1.3521 and 1.3544, RSI(14) back near neutral; Asian session holding gains above 1.3500.
Support: 1.35207, 1.35267, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~2h) could materially shift this read
M15 close above 1.3558 reopens the path higher
Failure to hold 1.3521 confirms a lower-low and exposes 1.3500
Cable ran through London/NY to a 1.3557 session high after soft US PPI knocked the dollar, then rolled over. Since NY close it's drifting into Asia between 1.3519 and 1.3544, RSI(14) flat near 49 with price pinned around EMA20.
Support: 1.35194, 1.3500
Resistance: 1.3544
What it said to watch
UK GDP at 06:00 UTC could materially shift this read
Close below 1.3519 confirms a lower low
Reclaim above 1.3544 needed to retest the 1.3557 session high
Cable ran ~180 pips off 1.3380 to a session high of 1.3558 on the soft US PPI-driven Dollar slide, then rejected there and settled into a 1.3520-1.3558 range through the Asian session. RSI(14) has cooled back to neutral near 52 as the move consolidates.
Support: 1.3520, 1.3500
Resistance: 1.3558, 1.3544
What it said to watch
UK GDP at 06:00 UTC (~2h out) could break the 1.3520-1.3558 range
M15 close above 1.3558 reopens the upside toward 1.3600
Loss of 1.3520 confirms a lower high and shifts the intraday read
03:31 UTC
Uptrend, momentum cooling in Asia · RSI 54 · price 1.35356
Post-rally consolidation below session high.
NY session drove cable ~120 pips higher to 1.35579 on the soft US PPI print, clearing the 1.3400 200-day barrier flagged in the digest. Asia is now consolidating 1.3519-1.3544, RSI(14) cooled to the mid-50s and price is sitting on EMA20 with no fresh direction.
Support: 1.35194, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC could materially shift this read
Close above 1.3544 reopens the 1.35579 session high
Loss of 1.35194 asia low confirms a deeper pullback
Cable rallied ~180 pips off 1.3380 through the London-NY window after soft US CPI/PPI knocked the Dollar, topping at 1.3558 before easing. Asian session is quiet and low-volume, drifting in a 1.3521-1.3544 range with RSI back to neutral; price holding just above EMA20/50.
Support: 1.35207, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP today 06:00 UTC — an in-line/miss print could pull cable back toward 1.3500
M15 close below 1.3521 confirms a lower low and breaks the consolidation
M15 close above 1.3558 resumes the uptrend toward the 200-day near 1.3400 narrative's 1.3500+ path
03:17 UTC
Uptrend, pulling back · RSI 48 · price 1.35341
Consolidation below session high after impulsive leg up.
Cable ran ~180 pips through the NY session on the soft US PPI print, topping at 1.3558 before rolling into a shallow pullback. Price is now consolidating around 1.3534 in early Asia with RSI(14) cooled to neutral; a chain of lower highs is capping while 1.3520 holds underneath.
Support: 1.3520, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
M15 close above 1.3557 resumes the uptrend leg toward 1.3500 handle extension
Loss of 1.3520 opens a deeper pullback toward the 1.3500 psych level
UK GDP at 06:00 UTC could materially shift this read
Consolidation below the session high after an impulsive rally.
Cable ripped higher through the NY session to 1.35579 after soft US PPI/CPI knocked the dollar, then eased into an Asian-session range roughly 1.3519-1.3544. Price now sits at 1.35341 with RSI(14) neutral near 51 as the pullback stalls above prior swing lows.
Support: 1.35194, 1.3521
Resistance: 1.3544, 1.35579
What it said to watch
M15 close above 1.35440 reopens the 1.35579 swing high
Loss of 1.35194 confirms a lower-low and threatens the range floor
UK GDP at 06:00 UTC (~3h) could materially shift this read
Pullback from session high, lower highs into early London.
GBPUSD ran ~180 pips through the NY session after the soft US PPI print, topping at 1.3558. Price has since bled lower through Asia and early London into 1.3526, holding above 1.3500 but printing lower highs under the 1.3544 shelf.
Support: 1.35194, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~3h) can drive the next M15 leg
Loss of 1.3519 confirms a lower-low and extends the pullback
Reclaim of 1.3544 puts the 1.3558 session high back in play
03:01 UTC
Uptrend stalling, pulling back from highs · RSI 43 · price 1.35261
Lower highs after session peak, testing swing low.
GBPUSD ran to a session high of 1.3558 during NY hours before rejection set in, and price has since bled back to 1.3526 in Asia with a sequence of lower highs. RSI(14) has cooled to the low 40s and the swing low at 1.3519 is now the pivot; UK GDP is due in roughly 3.5h.
Support: 1.35194, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~3h) could materially shift this read
M15 close below 1.3519 confirms a lower low toward 1.3500
Reclaim of 1.3544 puts the 1.3558 session high back in play
GBPUSD rallied through the London-NY session into a 1.3558 swing high on soft US PPI/CPI, then drifted lower in thin Asia trade to 1.3524, printing lower highs. RSI(14) mid-40s, price back below EMA20 while EMA50 still holds beneath. Ranging between 1.3519 and 1.3544 ahead of UK GDP.
Support: 1.3519, 1.3510
Resistance: 1.3544, 1.3558
What it said to watch
close above 1.3544 recent high reopens the 1.3558 swing high
close below 1.3519 session low confirms a lower low
UK GDP at 06:00 UTC (~3h) could materially shift this read
02:46 UTC
Uptrend stalling, pulling back · RSI 42 · price 1.35236
Lower highs below session high.
NY session ran GBPUSD to a session high 1.3558 on the soft US PPI shock, but the Asian session has drifted lower into 1.3524, printing lower highs and slipping under the EMA20. RSI(14) near 42 with momentum cooling; UK GDP due in ~3.5h is the next catalyst.
Support: 1.35194, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
Close below 1.35194 confirms a lower low
Reclaim of 1.35440 needed to threaten the session high
Off the highs, drifting lower after 1.3557 rejection.
Rally off 1.3380 through the London-NY session peaked at 1.3557 before rejecting; the thin Asia session has drifted lower to 1.3525, dropping price below the EMA20. Pullback stays shallow, holding above the 1.3500 round number with RSI(14) cooling into the low 40s.
Support: 1.35194, 1.3500
Resistance: 1.3544
What it said to watch
UK GDP at 06:00 UTC (~3.5h) could materially shift this read
Loss of 1.35194 swing low confirms a lower-low into 1.3500
Reclaim of the 1.35440 lower high reopens the 1.3557 swing high
02:31 UTC
Uptrend, pulling back · RSI 43 · price 1.35251
Lower highs off session high, retracing NY rally.
Strong NY-session rally topped at 1.35579 before fading through Asia hours, GBP firm on hawkish BoE pricing. Price now drifting under EMA20 at 1.3525 with RSI(14) cooled into the low 40s; session low at 1.35207 is the pivot holding the pullback.
Support: 1.35207, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
M15 close below 1.35207 confirms a lower low and deepens the pullback
Reclaim of 1.35440 puts the 1.35579 session high back in play
UK GDP at 06:00 UTC (~3.5h) could shift this read
02:16 UTC
Uptrend fading, pulling back · RSI 41 · price 1.35209
Off session high, lower highs forming.
Cable extended through the prior US session on soft US CPI/PPI, peaking at 1.35579 before fading back to 1.35209 into the Asia handover. Momentum has cooled, RSI(14) near 40 with price now under the EMA20 after a rejection at 1.3544; the 200-day at ~1.3400 remains the wider cap.
Support: 1.35207, 1.34952, 1.3400
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC could materially shift this read
Loss of 1.35207 confirms a lower-low and opens 1.34952
Reclaim of 1.35440 re-engages the 1.35579 session high
02:02 UTC
Uptrend, pullback in Asia · RSI 38 · price 1.35257
Post-rally consolidation, lower highs.
London-NY drove Cable through the 200-day near 1.3400 up to a 1.3558 session high on the soft US CPI/PPI prints. Asian session has drifted back to 1.3526 on lower highs with RSI(14) cooling toward 38; still holding above EMA50 but capped below the 1.3544 swing high.
Support: 1.35255, 1.3510
Resistance: 1.3544, 1.35579
What it said to watch
Break below 1.3525 session low opens 1.3510 prior high
Reclaim of 1.3544 swing high reopens the 1.3558 session high
UK GDP at 06:00 UTC (~4h out) could materially shift this read
02:02 UTC
Uptrend, momentum fading in Asia · RSI 44 · price 1.35257
NY rally topped, lower highs into Asia.
Cable ran from 1.3380 to a 1.3558 session high through the NY session on soft US CPI/PPI, clearing the 200-day cap near 1.3400. Asia has faded that move on lower highs, drifting to 1.3526 with RSI(14) cooling to the mid-40s.
Support: 1.3527, 1.3500
Resistance: 1.3544, 1.3558
What it said to watch
Loss of 1.3527 session low opens the path toward 1.3500
Reclaim of 1.3544 lower high re-targets the 1.3558 session high
UK GDP at 06:00 UTC (~4h) could reprice this read sharply
Consolidation after impulsive rally, drifting off highs.
London-NY session drove a strong rally to a 1.3558 swing high on broad USD softness after the soft US CPI/PPI prints. Price has since faded through the Asia session to 1.3528, RSI cooling into the mid-40s and slipping below EMA20; now consolidating between the 1.3544 prior high and the 1.35263 session low.
Support: 1.35263, 1.3509
Resistance: 1.3544, 1.35579
What it said to watch
M15 close below 1.35263 session low opens the path toward 1.3510
Reclaim of 1.3544 prior high needed to retarget the 1.3558 swing high
UK GDP at 06:00 UTC could materially shift this read
Cable ran up through NY hours to a 1.3558 day high on soft US PPI/CPI, then stalled and faded. Asia session is consolidating 1.3527–1.3544, price sitting on the session low at 1.35273 with RSI cooling into the mid-40s.
Support: 1.35273, 1.3509, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~4h) could materially shift this read
Loss of 1.35273 opens the 1.3509 prior swing
Reclaim of 1.3544 asia high needed to retest the 1.3558 day high
01:32 UTC
Uptrend, momentum cooling in Asia · RSI 45 · price 1.35279
HH/HL rally, now consolidating below session high.
London-NY rally lifted Cable from 1.3380 to a session high 1.3558, clearing the 200-day at ~1.3400 on the soft US PPI backdrop. Asia session has drifted lower into the 1.3527 swing low with RSI cooling to the mid-40s; no fresh momentum, price idling below the session high.
Support: 1.3527, 1.3510, 1.3500
Resistance: 1.3544, 1.3558
What it said to watch
Close below 1.3527 swing low opens 1.3510
Reclaim of 1.3544 session high signals rally resumption
UK GDP at 06:00 UTC could materially shift this read
NY session drove Cable from 1.3380 to 1.3558 on the soft US PPI print, then price stalled and consolidated through the Asian session. Now fading toward the 1.35273 range low with price back below EMA20 and RSI cooling near 44, though the wider structure stays up.
Support: 1.35273, 1.3511
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC could materially shift this read
M15 close below 1.35273 opens the path to 1.35110
Reclaim of 1.35440 puts the 1.35579 session high back in play
Cable ran ~180 pips through the London-NY session on broad USD softness after cool US CPI/PPI, clearing the 1.3400 line and peaking at 1.35579. Price has since drifted into a tight Asian-session consolidation around 1.3532, holding above the 1.35274 swing low with RSI cooled to mid-range.
Support: 1.35274, 1.3510
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~3h out) could materially shift this read
Close below 1.35274 swing low breaks the intraday higher-low chain
Reclaim of 1.35440 and a push through 1.35579 session high reopens continuation
Consolidating just below session high after NY rally.
NY session drove Cable from 1.3400 through the 200-day up to a 1.3558 session high on soft US PPI. Asia session has since gone flat, consolidating 1.3527-1.3558 with RSI(14) cooled back to neutral and price slipping under the EMA20.
Support: 1.35273, 1.3500
Resistance: 1.35579, 1.3544
What it said to watch
M15 close above 1.3558 reopens the rally continuation
Failure to hold 1.3527 confirms a lower-low into the consolidation
UK GDP at 06:00 UTC could materially shift this read
Cable ran from 1.3380 through the 200-day at 1.3400 to a session high of 1.35579 during London-NY on soft US CPI/PPI. Asia session has stalled it into a 1.3527-1.3544 range, RSI cooling back to mid-50s and price hugging EMA20.
Support: 1.35274, 1.3500, 1.3400
Resistance: 1.3544, 1.35579
What it said to watch
M15 close above 1.35579 opens continuation higher
Loss of 1.35274 signals range breakdown toward 1.3500
UK GDP at 06:00 UTC (~5h) could materially shift this read
Consolidating below session high after strong rally.
Cable rallied through the London-NY hours on soft US PPI, clearing the 200-day cap at 1.3400 and peaking at 1.3558. Asia has since drifted into a 1.3527-1.3544 range with RSI(14) cooling back to mid-50s; buyers stepped in twice at 1.3527.
Support: 1.35273, 1.35086, 1.3400
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC could materially shift this read
M15 close above 1.3544 reopens the path to the 1.3558 session high
NY session drove Cable from 1.3380 up to a 1.3558 session high, clearing the 200-day near 1.3400 that had capped for weeks on soft US PPI/CPI. Now consolidating 1.3527-1.3544 in thin Asian trade with RSI(14) cooled to mid-40s and price slipping back under EMA20.
Support: 1.35274, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC (~5h) could materially shift this read
Loss of 1.3527 swing low opens the path to the 1.3500 psych level
M15 close above 1.3558 session high resumes the uptrend
Cable ran hard through the NY session on soft US PPI/CPI, peaking at 1.3558 before fading. Asia is now stuck in a tight 1.3528-1.3544 range with RSI cooling back to neutral; price is hugging EMA20 with no fresh push.
Support: 1.3528, 1.3500
Resistance: 1.3544, 1.3558
What it said to watch
M15 close above 1.3544 reopens the 1.3558 session high
Cable ran ~175 pips through the London-NY window on soft US PPI, peaking at 1.35579 before fading. Price is now consolidating 1.35276-1.35440 in thin Asia trade, RSI(14) cooled off the highs toward the mid-50s.
Support: 1.35276, 1.3509
Resistance: 1.3544, 1.35579
What it said to watch
UK GDP at 06:00 UTC could materially shift this read
Break above 1.35579 swing high reopens rally continuation
Consolidation below session high after impulsive rally.
NY session drove Cable from ~1.3380 to a 1.3558 session high on the soft US PPI print, unwinding Fed hike bets. Asian hours now consolidating thin between 1.3527 and 1.3544, RSI cooling toward mid-range as momentum flattens just below the session high.
Support: 1.35274, 1.3500
Resistance: 1.3544, 1.35579
What it said to watch
M15 close above 1.3558 reopens continuation higher
Loss of 1.3527 swing low signals a deeper pullback toward 1.3500
UK GDP at 06:00 UTC could materially shift this read
00:17 UTC
Uptrend, momentum cooling · RSI 61 · price 1.3543
Consolidating near session high after strong rally.
Cable ran through the London-NY session to a 1.3558 session high, riding soft US CPI/PPI prints, then rolled into a tight 1.3529-1.3544 consolidation through quiet Asian hours. RSI(14) has cooled off the rally peak and volume has thinned, with price pinned just below the session top.
Support: 1.3529, 1.3509
Resistance: 1.3544, 1.3558
What it said to watch
M15 close above 1.3558 reopens the upside continuation
Loss of 1.3529 floor confirms a lower-low in the consolidation
UK GDP at 06:00 UTC (~6h) could materially shift this read
00:16 UTC
Uptrend, momentum cooling · RSI 62 · price 1.3543
Consolidating near session highs after NY rally.
Cable ran through the NY session on soft US PPI, peaking at 1.3558 before easing. Price has since drifted sideways through the Asian session in a tight 1.3527-1.3558 band, RSI(14) cooling off its highs with thin holiday-style volume.
Support: 1.35274, 1.3500
Resistance: 1.35579
What it said to watch
M15 close above 1.3558 reopens the upside continuation path
Failure to hold 1.3527 confirms a lower-low and breaks the consolidation
UK GDP at 06:00 UTC (~3h out) could materially shift this read
HH/HL chain flattening into consolidation below session high.
Cable ran from 1.3380 to 1.3558 through the NY session as soft US PPI kept the dollar heavy, then stalled just below the session high. Asia hours are thin and range-bound around 1.3538, holding above rising support with the swing high at 1.3558 unbroken.
Support: 1.35276, 1.3500
Resistance: 1.35579, 1.3550
What it said to watch
UK GDP at 06:00 UTC (~6h) is the near-term catalyst for this read
M15 close above 1.3558 extends the intraday uptrend
Failure to hold 1.3528 breaks the consolidation and prints a lower low
London/NY rally lifted Cable from 1.3380 to a session high of 1.3558, clearing the 200-day SMA ~1.3400 after soft US PPI. Asian session is holding a tight 1.3536–1.3558 consolidation on thin volume, RSI(14) cooling off the highs.
Support: 1.35276, 1.35356, 1.3500
Resistance: 1.35579, 1.35487
What it said to watch
M15 close above 1.35579 extends the rally toward 1.3600
Loss of 1.35276 breaks the consolidation and confirms a lower-low
UK GDP at 06:00 UTC (~6h) and US Retail Sales 12:30 UTC are the near-term swing factors