GBP/USD AI Live Scan, 15-minute chart, Wednesday, 17 June 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.
23:46 UTC
Downtrend, basing after selloff · RSI 52 · price 1.32984
Lower lows, now consolidating.
Cable collapsed during NY hours, knifing through 1.3340 and 1.3300 to a session low of 1.32619 as soft UK CPI met a hawkish FOMC dot-plot. Price has since based between 1.3280 and the 1.3300 round number, RSI(14) recovering to ~52 with the round number capping the bounce.
Support: 1.32619, 1.3280
Resistance: 1.33019, 1.3337
What it said to watch
Close back above 1.33019 round number opens 1.3337
Break of 1.32619 session low confirms a fresh lower low
UK labour data 06:00 UTC then BoE 11:00 UTC could materially shift this read
23:46 UTC
Downtrend, stabilising · RSI 52 · price 1.32984
Range break lower, now consolidating.
Cable sold off sharply through the NY session — GBP soft after the May CPI miss while the Dollar firmed post-hawkish FOMC — breaking down from 1.340 to a session low at 1.32619. Price has since stabilised, consolidating 1.32800–1.33019 through the Asia hours with RSI back near 50.
Support: 1.32685, 1.32619
Resistance: 1.33019, 1.33345
What it said to watch
Close above 1.33019 opens a recovery toward the 1.33345 swing
Failure to hold 1.32685 reopens the 1.32619 session low
UK labour data 06:00 UTC and BoE decision 11:00 UTC could materially shift this read
23:31 UTC
Downtrend, bouncing off lows · RSI 51 · price 1.33005
Sharp breakdown then shallow recovery.
Cable flushed sharply through 1.33370 into a 1.32619 session low during thin late-session hours, consistent with GBP heaviness after the soft UK CPI miss. Price has since clawed back to 1.33005, holding above EMA20 but capped at the 1.33015 bar high; RSI(14) recovered to mid-range off the lows.
Support: 1.32619, 1.3280
Resistance: 1.33015, 1.3337
What it said to watch
Reclaim of 1.33370 swing high would unwind the breakdown read
Failure to hold 1.32619 confirms a fresh lower low
UK labour data 06:00 UTC and BoE 11:00 UTC could materially shift this read
23:31 UTC
Downtrend, stabilising after sharp drop · RSI 49 · price 1.33005
Lower lows then consolidation off session low.
Cable was hammered through the NY-into-Asia handover, dumping from ~1.3400 to a 1.3262 session low as hawkish FOMC dots met soft UK CPI. Price has since clawed back into a tight 1.3285-1.3300 consolidation, RSI(14) recovered to neutral near 49.
Support: 1.3280, 1.32619
Resistance: 1.33015, 1.33345
What it said to watch
M15 close above 1.33015 range top opens path back to 1.33345
Failure to hold 1.32800 swing low reopens the 1.32619 session low
UK jobs 06:00 UTC and BoE decision 11:00 UTC could materially shift this read
23:16 UTC
Downtrend, basing after selloff · RSI 52 · price 1.32963
Sharp breakdown, now consolidating above the low.
Cable broke down hard through late NY hours, accelerating from 1.3400 to a 1.3262 swing low on soft UK CPI and a hawkish FOMC hold. Early Asia has stabilised, consolidating 1.3280–1.3299 with RSI(14) recovered to mid-range; the session high at 1.3299 and the 1.3300 psych level cap the bounce.
Support: 1.32619, 1.3280
Resistance: 1.3299, 1.3300
What it said to watch
UK labour data 06:00 UTC and BoE decision 11:00 UTC could materially shift this read
A close above 1.3300 opens room back toward the broken structure
Failure to hold 1.32619 confirms a fresh lower low
23:16 UTC
Downtrend, consolidating after sharp drop · RSI 49 · price 1.32963
Breakdown then basing near session low.
Cable broke down hard through 1.3340 during NY hours as USD firmed post-FOMC and GBP stayed soft after the CPI miss, printing a session low at 1.32619. Price is now consolidating just under the 1.32990 session high on thin late-session volume, RSI(14) recovering toward 49 off the washout.
Support: 1.32619, 1.3280
Resistance: 1.3299, 1.3300
What it said to watch
M15 close above 1.32990 session high would ease the downside pressure
Loss of 1.32619 session low confirms continuation lower
UK labour data Thu 06:00 UTC and BoE decision 11:00 UTC could materially shift this read
Sharp NY leg lower, consolidating above session low.
Cable broke down hard late in the NY session, slicing through 1.3340 to a session low at 1.32619 as hawkish-FOMC dollar strength compounded the soft UK CPI miss. Price has since stabilised in a tight 1.3280-1.3299 band into Asia, RSI(14) recovering from oversold but holding below 50.
Support: 1.32797, 1.32619
Resistance: 1.32989, 1.33345
What it said to watch
M15 close back above 1.32989 session high negates the breakdown read
Loss of 1.32619 session low confirms lower-low extension
UK jobs 06:00 UTC and BoE decision 11:00 UTC could materially shift this read
23:01 UTC
Downtrend, consolidating after slide · RSI 43 · price 1.32954
Range break lower, basing near lows.
Cable broke down hard through the NY session, shedding ~140 pips from 1.3403 to a 1.3262 session low as a hawkish-hold USD bid met a soft-CPI GBP. Price has since stabilised into the Asia session, chopping in a tight 1.328–1.330 band with RSI lifting off oversold; the session low and session high frame the immediate range.
Support: 1.32619, 1.32797
Resistance: 1.3299, 1.3337
What it said to watch
M15 close below 1.32619 extends the lower-low sequence
Reclaim of 1.32990 needed to neutralise the downside break
UK jobs at 06:00 UTC and BoE at 11:00 UTC could materially shift this read
22:46 UTC
Downtrend, stabilising after flush · RSI 41 · price 1.32921
Range break lower, now consolidating above session low.
Cable sold off hard through the NY afternoon — soft UK CPI against a hawkish FOMC — breaking the 1.34 range and sweeping to a session low at 1.3262 before stabilising. Now consolidating 1.3280–1.3300 with RSI(14) recovering off the lows.
Support: 1.32619, 1.3280
Resistance: 1.3300, 1.3340
What it said to watch
Close below 1.3262 session low reopens the downside toward 1.3200
Reclaim of the 1.3300 round number would ease the sell-off
UK jobs (06:00 UTC) then BoE (11:00 UTC) could materially shift this read
22:46 UTC
Downtrend, consolidating after selloff · RSI 42 · price 1.32921
Lower lows, basing above 1.3262.
Cable sold off sharply through the NY session, breaking 1.3340 and printing 1.3262 as GBP stayed soft on this week's dovish CPI and a hawkish FOMC hold. Price is now consolidating in a tight 1.3282–1.3299 band off the lows, RSI(14) recovering toward 42 from oversold.
Support: 1.32619, 1.32685
Resistance: 1.32989, 1.33008, 1.3337
What it said to watch
Loss of 1.3262 swing low confirms a fresh lower low
Close back above 1.3300 negates downside continuation
UK labour data Thu 06:00 UTC then BoE 11:00 UTC could materially shift this read
Cable sold off hard through 1.3337 during NY hours on the firm-USD/soft-GBP mix, bottoming at 1.3262 before basing. Price is now consolidating 1.3280–1.3296 just below the bounce high, RSI(14) recovering off oversold toward 41; price holds well under EMA20/50.
Support: 1.3280, 1.3262
Resistance: 1.3296, 1.3337
What it said to watch
Reclaim of 1.3337 would unwind the NY breakdown
Loss of 1.3280 session low reopens 1.3262 swing low
UK jobs (06:00 UTC) and BoE (11:00 UTC) are the next material risk to this read
Range break lower, now consolidating above session low.
Cable was knocked sharply lower in the NY session, breaking the prior 1.3400 range and tagging a 1.32619 session low as the post-FOMC firm USD and soft UK CPI weighed. Price has since consolidated 1.3280–1.3300 with RSI(14) recovering off oversold; the 1.33 psych level caps the bounce.
Support: 1.32619, 1.3280
Resistance: 1.3300, 1.3337
What it said to watch
M15 close below 1.32619 confirms a fresh lower low
Reclaim of 1.3337 needed to repair the breakdown
UK labour data 06:00 UTC and BoE 11:00 UTC Thu could materially shift this read
Sharp lower-low into session base, now consolidating.
Cable cratered through 1.3300 during NY hours as a hawkish FOMC dot-plot revision met soft UK CPI, printing a session low of 1.32619 before stabilising around 1.3290. Price is now consolidating in a tight 1.3280–1.3300 band into Asia, RSI(14) recovering off oversold.
Support: 1.32619, 1.32809
Resistance: 1.3300, 1.3337
What it said to watch
Failure to hold 1.32619 confirms continuation lower
A close back above 1.33000 psych eases the post-FOMC pressure
UK labour data Thu 06:00 UTC could materially shift this read
22:16 UTC
Downtrend, stabilising after sharp drop · RSI 44 · price 1.32928
Lower lows then consolidation off the low.
GBPUSD collapsed through the NY afternoon on the hawkish FOMC dot-plot revision, slicing from ~1.3400 to a 1.32619 swing low. Price is now consolidating in a tight 1.3270–1.3299 band, holding off the low but capped under the 1.32989 session high; RSI(14) recovering off oversold.
Support: 1.32619, 1.32685
Resistance: 1.32989
What it said to watch
Close back above 1.32989 session high would ease the downside pressure
Failure to hold 1.32619 swing low confirms a fresh lower-low
UK jobs (06:00 UTC) and BoE decision (11:00 UTC) ahead could materially shift this read
22:01 UTC
Downtrend, attempting to stabilise · RSI 43 · price 1.32904
Broke down from 1.3400, basing above 1.3262.
NY session delivered a sharp leg lower as the hawkish FOMC dot-plot revision drove cable from 1.3400 down to a 1.32619 low, slicing the prior 1.3340-1.3400 range. Buyers stepped in around 1.3262 and price has recovered toward 1.3290, with RSI(14) lifting off its lows but still sub-50.
Support: 1.32619, 1.32685
Resistance: 1.3300, 1.33464
What it said to watch
Reclaim of 1.33000 would ease the breakdown pressure
Failure to hold 1.3262 opens a fresh weekly low
UK jobs (06:00 UTC) and BoE (11:00 UTC) Thu could materially shift this read
Cable broke down hard through the 1.3410 weekly low during the NY session as the hawkish FOMC dot-plot revision lit up the dollar, printing a session low at 1.32619. Price has since steadied into a 1.3270–1.3300 consolidation; RSI(14) recovering from oversold off the bounce high at 1.32989.
Support: 1.32619, 1.3250
Resistance: 1.32989, 1.3337, 1.3410
What it said to watch
Reclaim above 1.32989 then 1.3337 would unwind the breakdown read
Failure to hold 1.32619 confirms continuation of lower lows
UK jobs 06:00 UTC and BoE decision 11:00 UTC Thu could materially shift this read
Hawkish FOMC dot-plot revision drove cable through 1.3340 and down to a 1.3262 session low during NY hours. Price is now consolidating in 1.3262–1.3299 with RSI(14) recovering off oversold; sellers capped the bounce at 1.3299.
Support: 1.32685, 1.32619
Resistance: 1.32989, 1.33345
What it said to watch
M15 close back above 1.3335 negates the breakdown read
Loss of 1.3262 confirms continuation of lower lows
UK labour data Thu 06:00 UTC and BoE decision 11:00 UTC could materially shift this read
Cable broke down hard through 1.3340 and the 1.33000 round level on the hawkish FOMC dot-plot revision, printing a low at 1.32619 before bouncing. Price now consolidates just under 1.33000, RSI(14) recovering off oversold but structure remains lower lows.
Support: 1.32619, 1.3280
Resistance: 1.3300, 1.3337
What it said to watch
Reclaim and M15 close above 1.33000 eases the downside pressure
Failure to hold 1.32619 confirms a fresh lower low
UK jobs (06:00 UTC) and BoE (11:00 UTC) Thu could materially shift this read
Cable broke down hard through 1.3340 to a session low at 1.32619 on the hawkish FOMC dot-plot revision and strong US retail sales. RSI(14) hit oversold on the slide, then a shallow bounce stalled near 1.32989; price now sits mid-range at 1.32832.
Support: 1.32619
Resistance: 1.32989, 1.33345
What it said to watch
Reclaim of 1.32989 bounce high would ease the downside pressure
Loss of 1.32619 session low confirms continuation lower
UK jobs 06:00 UTC and BoE 11:00 UTC could materially shift this read
Lower lows, breakdown below weekly low, basing near lows.
Cable was hammered through the 1.3410 weekly low during the NY session as the hawkish FOMC dot-plot lifted the dollar, bottoming at the 1.32619 session low. Price is now consolidating between that low and the 1.3299 bounce high, RSI recovering off oversold but still sub-40 with price pinned well below both EMAs.
Support: 1.32619
Resistance: 1.3299
What it said to watch
M15 close back above 1.3299 bounce high would ease the downside pressure
Failure to hold 1.32619 confirms another lower low
UK jobs Thu 06:00 UTC and BoE decision 11:00 UTC could materially shift this read
21:16 UTC
Downtrend, bouncing off lows · RSI 42 · price 1.32832
Lower lows post-FOMC, basing near 1.3262.
Hawkish FOMC dot-plot revision sparked a sharp USD bid, slamming cable from ~1.3400 through 1.3300 to a 1.32619 low. Price has since recovered to 1.3283, RSI(14) lifting off oversold; the 1.32989 session high caps the bounce so far.
Support: 1.32619, 1.32685
Resistance: 1.32989, 1.3337, 1.34173
What it said to watch
M15 close above 1.32989 opens room back toward 1.33370
Failure to hold 1.32619 confirms a fresh lower low
UK jobs 06:00 UTC and BoE decision 11:00 UTC Thu can materially shift this read
21:15 UTC
Downtrend, stabilising after impulsive drop · RSI 43 · price 1.32832
Lower lows, basing near session low.
Cable broke hard through the 1.3400 area during NY hours on the hawkish FOMC dot-plot revision, dumping to a session low of 1.32619. Price is now consolidating in a tight 1.32619–1.32989 band as RSI recovers off oversold; the prior 1.34 structure is well overhead.
Support: 1.32619
Resistance: 1.32989
What it said to watch
Reclaim of 1.32989 would ease the immediate downside pressure
Loss of 1.32619 confirms continuation of the lower-low sequence
UK labour data Thu 06:00 UTC and BoE 11:00 UTC could reset this read
21:01 UTC
Downtrend, bouncing off lows · RSI 43 · price 1.32957
Impulsive break lower, recovery off session low.
Hawkish FOMC dot-plot revision drove a sharp cable break from ~1.3400 down to a 1.32619 session low, RSI hitting oversold on the impulse. Price has since recovered to 1.3296 and is probing the 1.3300 round number after the sweep of the lows.
Support: 1.32619, 1.3280
Resistance: 1.3301, 1.33345
What it said to watch
Reclaim above 1.33010 would ease the post-FOMC slide
Failure to hold 1.32619 confirms continuation lower
UK jobs Thu 06:00 UTC then BoE Thu 11:00 UTC could materially shift this read
21:01 UTC
Downtrend, bouncing off lows · RSI 44 · price 1.32957
Sharp impulsive sell-off, late-session recovery.
Cable cratered through the NY session, dropping from ~1.3400 to a 1.32619 low after the hawkish FOMC dot-plot revision lit a USD bid. Price is clawing back toward 1.3300 with RSI(14) lifting off oversold; the post-FOMC range low at 1.32619 is the near-term floor.
Support: 1.32619, 1.3280
Resistance: 1.3300, 1.3337, 1.33714
What it said to watch
Reclaim of 1.33000 psych would ease the post-FOMC slide
Failure to hold 1.32619 confirms continuation lower
UK labour data Thu 06:00 UTC and BoE 11:00 UTC could materially shift this read
NY session saw GBPUSD crater from 1.3400 to 1.32619 after a hawkish FOMC dot-plot revision and strong US retail sales lit a broad USD bid. Price is bouncing off the 1.32619 session low back toward 1.3293, with the 1.33008 prior low now the nearest cap. RSI(14) recovering off lows near 41 after the flush.
Support: 1.32619, 1.32799
Resistance: 1.33008, 1.3337, 1.34033
What it said to watch
Reclaim of 1.33008 would ease the breakdown read
Failure to hold 1.32619 extends the lower-low sequence
UK jobs at 06:00 UTC and BoE decision 11:00 UTC are the dominant near-term catalysts
GBPUSD collapsed from ~1.3400 to a session low of 1.32619 after the hawkish FOMC dot-plot revision lit a broad USD bid during NY hours, smashing through the 200-DMA at 1.3417. Price is grinding back toward 1.33000 with RSI(14) lifting off oversold near 34; the 1.33008 round number is the immediate area to watch for rejection or break.
Support: 1.32619, 1.32787
Resistance: 1.33008, 1.3337
What it said to watch
Reclaim of 1.33008 would ease the breakdown read
Failure to hold 1.32619 confirms another lower-low
UK jobs at 06:00 UTC then BoE at 11:00 UTC are the dominant near-term catalysts
GBPUSD collapsed through 1.3400 and 1.3340 during NY hours after the hawkish Fed hold and dot-plot lift fed broad USD bid, printing a session low at 1.32619 with RSI(14) oversold near 27. A shallow bounce to 1.32868 has already faded; sellers capping the recovery into 1.3300.
Support: 1.32619, 1.3250
Resistance: 1.33008, 1.3337, 1.33496
What it said to watch
Reclaim of 1.33008 would ease the oversold downside pressure
Failure to hold 1.32619 confirms continuation lower
UK jobs at 06:00 UTC then BoE decision at 11:00 UTC are the dominant catalysts ahead
GBPUSD collapsed through the 1.3400 shelf during the NY session on the hawkish Fed hold and strong US Retail Sales, printing a low at 1.32619 with ATR blown out to ~180 pips. Price has clawed back to 1.32794 but sits below the 1.32868 bounce high; RSI(14) near 29 reflects how stretched the move is.
Support: 1.32619, 1.32787
Resistance: 1.32868
What it said to watch
Reclaim of 1.32868 would ease the immediate downside pressure
Failure to hold 1.32619 confirms continuation of lower lows
UK jobs at 06:00 UTC and BoE at 11:00 UTC could materially shift this read
Sterling cratered through the NY session, slicing the 200-DMA at 1.3417 and shedding over 130 pips into a 1.32619 low as the hawkish FOMC dot-plot lift met this week's soft UK CPI. RSI(14) is deep in oversold near 27 and the final bar bounced back to 1.32867, but price remains pinned below all near-term structure.
Support: 1.32619, 1.32799
Resistance: 1.33008, 1.3337, 1.3417
What it said to watch
Close below 1.32619 extends the lower-low sequence toward the 1.3100 zone flagged in context
Reclaim of 1.33008 would mark the first higher high off the selloff
UK jobs 06:00 UTC and BoE decision 11:00 UTC are the dominant near-term catalysts
20:16 UTC
Downtrend, accelerating · RSI 29 · price 1.32867
Lower lows, post-FOMC breakdown.
GBPUSD sold off sharply into the NY close after the hawkish Fed hold and lifted dot-plot, slicing from ~1.3400 to a session low of 1.3262. RSI(14) is deeply oversold near 28 and ATR has spiked to ~22 pips; price is bouncing to 1.3287 but holding below the broken 1.3300 shelf.
Support: 1.32619, 1.3280
Resistance: 1.33008, 1.3337
What it said to watch
Reclaim of 1.33008 would ease the breakdown read
Failure to hold 1.32619 confirms continuation lower
UK jobs 06:00 UTC then BoE decision 11:00 UTC are the dominant catalysts ahead
GBPUSD collapsed through the 200-DMA during NY hours, dropping from ~1.3400 to a session low of 1.32619 as the hawkish Fed hold and blowout US Retail Sales fuelled a broad USD bid. The move is a sharp, one-directional impulse with RSI(14) deep oversold near 22; price last trades 1.32741 after a minor stabilisation bar.
Support: 1.32619, 1.3250
Resistance: 1.33008, 1.3337, 1.33464
What it said to watch
Reclaim of 1.33008 would ease the downside impulse
Failure to hold 1.32619 confirms further lower lows
UK jobs at 06:00 UTC and BoE decision at 11:00 UTC are the dominant catalysts ahead
GBPUSD collapsed through the NY session, dumping from ~1.3400 to a 1.3262 low as a hawkish Fed hold/dot-plot lift firmed USD and soft UK CPI kept sterling pinned. RSI(14) is deeply oversold near 18 and price sits well below both EMAs after the breakdown; a shallow stall is forming into the 1.3274 close.
Support: 1.32619, 1.3250
Resistance: 1.33008, 1.33345
What it said to watch
Reclaim of 1.33008 would ease the breakdown read
Failure to hold 1.32500 psych extends the lower-low sequence
UK jobs 06:00 UTC and BoE 11:00 UTC Thu are the dominant catalysts ahead
GBPUSD collapsed through NY hours, sliding from ~1.3400 to a session low of 1.3274 as the hawkish FOMC hold and hot US retail sales underpinned the dollar. The break of the 200-dma/weekly low at 1.3410 accelerated the move; RSI(14) is deeply oversold near 22 with ATR blown out to ~178 pips.
Support: 1.32735, 1.3200
Resistance: 1.3300, 1.3345, 1.3410
What it said to watch
Reclaim of 1.3300 psych would ease the breakdown momentum
Failure to hold 1.3274 session low confirms continuation
UK jobs 06:00 UTC then BoE 11:00 UTC Thursday are the dominant catalysts
GBPUSD collapsed through the NY session from ~1.3400 to a fresh weekly low at 1.3274 as the hawkish FOMC dots and a hot US retail sales print fuelled a broad dollar bid, compounding the soft UK CPI miss. The drop sliced clean through the 200-DMA zone near 1.3417 with no retest; RSI(14) is deeply oversold around 22 and ATR is elevated at ~41 pips, reflecting the impulsive selling.
Support: 1.32735, 1.3250
Resistance: 1.3337, 1.3354
What it said to watch
A reclaim of 1.3337 would ease the breakdown read
Thu 06:00 UTC UK jobs and 11:00 UTC BoE decision are the dominant near-term catalysts
Sustained acceptance below 1.3274 opens the path toward the 1.3250 psych zone
19:31 UTC
Downtrend, accelerating · RSI 22 · price 1.32928
Lower highs / lower lows, fresh session low.
Sharp NY-session sell-off post-hawkish FOMC stacked onto an already soft GBP after yesterday's CPI miss; GBPUSD sliced through the 1.3410 weekly low and the 1.3300 psych in two impulsive bars to a session low of 1.32861. RSI(14) is deeply oversold near 21 with no sign of stabilisation yet.
Support: 1.32861, 1.3250
Resistance: 1.3337, 1.3366, 1.3410
What it said to watch
Close below 1.32861 extends the down-leg toward the 1.3250 psych
Reclaim of 1.3337 swing high would ease the oversold drop
UK jobs at 06:00 UTC then BoE at 11:00 UTC could materially shift this read
19:31 UTC
Downtrend, accelerating · RSI 22 · price 1.32928
Breakdown, fresh lower lows.
GBPUSD cratered through the NY session after the hawkish FOMC hold and lifted dots, slicing from ~1.3400 through the 200-DMA/weekly-low zone and the 1.3300 round number to a 1.32861 session low. RSI(14) is deeply oversold at ~22 and ATR has expanded sharply, so prints are violent; price is hugging the lows.
Support: 1.32861, 1.3200
Resistance: 1.3301, 1.3337, 1.33661
What it said to watch
Reclaim of 1.33370 would ease the breakdown read
Failure to hold 1.32861 keeps the 1.3100 path in play
UK jobs (Thu 06:00 UTC) and BoE decision (11:00 UTC) are the dominant catalysts ahead
19:16 UTC
Downtrend, sharp news-driven leg · RSI 36 · price 1.33381
Breakdown from range, fresh session lows.
GBP/USD broke sharply lower into the NY close, sliding from ~1.3403 to a low of 1.33345 after the hawkish Fed hold lifted the dollar. The bounce stalled at 1.33700 and price is now pinned near session lows with RSI(14) around 36; ATR(14) near 13 pips reflects the news-driven range expansion.
Support: 1.33345, 1.3300
Resistance: 1.3370, 1.3401
What it said to watch
Close below 1.33345 extends the down-leg toward the 1.3300 round number
Reclaim of 1.33700 would ease the breakdown read
UK jobs 06:00 UTC and BoE decision 11:00 UTC are the dominant catalysts ahead
19:16 UTC
Downtrend, sharp impulsive leg · RSI 31 · price 1.33381
Breakdown below range, fresh session low.
Cable collapsed during NY hours, dropping from ~1.3400 to a 1.33345 low on the hawkish Fed hold and a strong US retail sales beat. The move sliced clean through the prior intraday range; price is consolidating around 1.3338 with RSI(14) near 31, with 1.33680 the first overhead pivot from the bounce.
Support: 1.33345, 1.3300
Resistance: 1.3368, 1.34012
What it said to watch
Reclaim of 1.33680 would ease the breakdown read
Loss of 1.33345 opens the path toward 1.3300
UK jobs 06:00 UTC then BoE 11:00 UTC Thu — dominant catalysts that could reset this read
19:01 UTC
Downtrend, sharp leg lower · RSI 34 · price 1.33649
Broke below intraday range, fresh lower lows.
GBPUSD broke hard out of its 1.3410-1.3433 NY-session range, accelerating lower as the hawkish Fed hold firmed the dollar. Price swept the session low at 1.33345 and bounced to 1.33649; RSI(14) recovering off oversold near 34. The swing high at 1.33714 caps the rebound for now.
Support: 1.33464, 1.33345
Resistance: 1.33714, 1.3400
What it said to watch
Reclaim of 1.33714 swing high would ease the breakdown read
Failure to hold 1.33464 drop low keeps the lower-low sequence intact
UK jobs 06:00 UTC and BoE later Thursday are the dominant catalysts ahead
19:01 UTC
Downtrend, fresh impulse leg · RSI 32 · price 1.33649
Range break lower, bounce off session low.
GBPUSD broke sharply lower in the NY session after the hawkish FOMC hold, slicing through the 1.3400 range that capped most of the day and sweeping a session low at 1.3334. Price has since clawed back to 1.3365; RSI(14) near 32 is washed out but not extreme, and ATR has expanded with the move.
Support: 1.33345, 1.3300
Resistance: 1.33714, 1.3400, 1.3410
What it said to watch
Close below 1.3334 extends the impulse toward the 1.3300 round number
Reclaim of 1.3400 would neutralise the break lower
UK jobs 06:00 UTC and BoE 11:00 UTC tomorrow are the dominant catalysts and can reprice this read
GBPUSD knifed lower through the NY session, breaking the 1.3390s broken zone and printing a session low at 1.3346 as a hawkish Fed hold and a strong US retail sales beat firmed the dollar. The drop snapped a day-long 1.3340–1.3435 range; RSI(14) sits near 27, short-term stretched after a ~50-pip impulse bar. Price stabilised around 1.3350 into the close, well below 1.3396.
Support: 1.3346, 1.3300
Resistance: 1.3396, 1.3417
What it said to watch
Reclaim of 1.3396 broken zone would neutralise the breakdown read
Failure to hold 1.3346 session low opens the path toward 1.3300 psych
Weekly low at 1.3417 caps any rebound
UK jobs 06:00 UTC and BoE 11:00 UTC Thu are the dominant catalysts and could reshape this read
GBPUSD knifed from 1.3399 to 1.3346 on the 18:00 UTC FOMC decision, abandoning the day-long 1.3406-1.3435 range. RSI(14) is deeply oversold near 24 and ATR has spiked; price is now basing just above the 1.3346 session low.
Support: 1.33464, 1.3340
Resistance: 1.3399, 1.34033, 1.3410
What it said to watch
Reclaim of 1.3399 would invalidate the downside break
Failure to hold 1.3346 extends the impulse lower
Warsh presser tone and UK jobs data Thu 06:00 UTC could reset this read
GBPUSD broke hard out of its 1.3389-1.3403 NY range on the FOMC decision, dumping ~50 pips to a session low of 1.3346 as USD firmed. RSI(14) sits near 26, short-term oversold after the impulse; the prior range floor at 1.3389 now flips to resistance.
Support: 1.33464, 1.3330
Resistance: 1.3389, 1.3401
What it said to watch
M15 close back above 1.3389 invalidates the breakdown read
Warsh presser fallout and Fed dots still in play — can extend or unwind this leg
Loss of 1.3346 confirms a lower-low toward 1.3300
18:16 UTC
Downtrend, accelerating · RSI 29 · price 1.33594
Lower highs, lower lows; fresh session low.
GBPUSD broke sharply lower on the final bar as the FOMC decision crossed, slicing from 1.3399 to a session low of 1.33589 with RSI(14) pressing toward 30. Price had already drifted under the 1.3410 weekly low through the NY session on soft UK CPI; the Fed move extended the breakdown.
Support: 1.33589, 1.3350
Resistance: 1.33844, 1.34012, 1.3410
What it said to watch
Warsh presser at 18:30 UTC is the bigger vol driver and could materially shift this read
Reclaim of 1.33844 would unwind the breakdown leg
Failure to hold 1.33500 confirms continuation lower
18:16 UTC
Downtrend, sharp impulsive leg · RSI 29 · price 1.33594
Lower highs, fresh session low on Fed.
The Fed decision at 18:00 UTC drove a sharp downside break, GBPUSD slamming from a tight 1.3390-1.3403 late-NY range to a 1.33589 session low. RSI(14) is now oversold near 28 after the spike; the day-long chain of lower highs from 1.34351 stays intact.
Support: 1.33589, 1.3350
Resistance: 1.3401, 1.3416, 1.3417
What it said to watch
Warsh press conference 18:30 UTC is the bigger vol driver and could whipsaw this read
A reclaim of 1.34010 would neutralise the downside break
Failure to hold 1.33589 confirms continuation of the lower-low sequence
UK jobs Thu 06:00 UTC and BoE Thu 11:00 UTC are imminent risk
18:01 UTC
Downtrend, basing near lows · RSI 44 · price 1.33965
Lower highs into a session low, consolidating above 1.33844.
GBPUSD ground lower through the NY session, with a sweep to 1.33844 before buyers stepped back in, extending the soft-CPI-driven slide to weekly lows. Price is now consolidating in a 1.33890–1.33980 band just below EMA20 into the Fed decision, RSI mid-40s.
Support: 1.33844, 1.33935
Resistance: 1.3406, 1.3416
What it said to watch
FOMC decision now and Warsh presser at 18:30 UTC are imminent vol drivers for this range
Loss of 1.33844 confirms continuation of the lower-low sequence
M15 close above 1.34060 breaks the lower-high structure
18:01 UTC
Downtrend, basing near lows · RSI 44 · price 1.33965
Lower highs, consolidating above session low.
GBPUSD bled lower through the NY session on the soft UK CPI overhang, with a sharp break flushing to a session low of 1.33844 before basing between 1.33890 and the 1.33990 range top. Price now sits below EMA20/50 with RSI(14) mid-range; no fresh impulse ahead of the FOMC decision.
Support: 1.3389, 1.33844
Resistance: 1.3399
What it said to watch
FOMC decision now and Warsh presser at 18:30 UTC could materially shift this read
M15 close above 1.33990 range top would break the basing structure higher
Loss of 1.33844 session low confirms continuation of the downtrend
17:46 UTC
Downtrend, basing near lows · RSI 44 · price 1.33953
Lower highs into session low, now consolidating.
GBPUSD slid through NY hours to a session low of 1.33844, extending the soft-CPI weakness, before stabilising in a tight 1.3389–1.3399 range. RSI(14) has lifted off the lows toward mid-40s as price holds below EMA20/50; the FOMC decision at 18:00 UTC is imminent and dominates the next move.
Support: 1.33844, 1.3389
Resistance: 1.3399, 1.34057
What it said to watch
FOMC decision at 18:00 UTC and Warsh presser 18:30 UTC will override this intraday structure
Close below 1.33844 confirms a fresh lower-low and reopens downside
Reclaim of 1.33990 puts the 1.34057 swing high back in play
17:45 UTC
Downtrend, stalling near lows · RSI 45 · price 1.33953
Lower highs into a session low, now basing.
GBPUSD ground lower through the NY session, sweeping to a 1.33844 session low as sterling sits sub-200dma after soft UK CPI. Price has since based in a tight 1.3390-1.3398 band with RSI(14) recovering off lows; the Fed decision and SEP at 18:00 UTC lands within the next bar.
Support: 1.33844, 1.3390
Resistance: 1.3399
What it said to watch
FOMC decision + dot plot 18:00 UTC, Warsh presser 18:30 UTC — will override this read
Close below 1.33844 confirms a fresh lower-low
Reclaim of 1.33990 swing high needed to break the lower-high sequence
17:31 UTC
Downtrend, bounce off lows · RSI 44 · price 1.33971
Lower highs into NY, recovery from session low.
GBPUSD ground lower through the NY session to a 1.33844 spike low after soft UK CPI kept the steady-BoE narrative in play, then recovered to 1.3397. Price holds below EMA20/50 with RSI(14) near 43; the 1.3400 round number caps the bounce so far.
Support: 1.33844, 1.3379
Resistance: 1.3400, 1.3406, 1.3416
What it said to watch
FOMC decision + dot plot at 18:00 UTC (~30m out) could materially shift this read
Close back above 1.3400 negates the lower-high sequence
Failure to hold 1.33844 confirms a fresh lower low toward the weekly low
17:31 UTC
Downtrend, basing near lows · RSI 45 · price 1.33971
Lower highs and lows, holding above 1.3384.
NY session sold GBP to a weekly-low spike at 1.3384 before buyers reclaimed toward 1.3397, with sterling pinned sub-200dma after yesterday's soft UK CPI. RSI(14) recovered to mid-40s as the move stalled; price coiling under the 1.3401 pivot into the FOMC decision.
Support: 1.3384, 1.3393
Resistance: 1.3401, 1.3417
What it said to watch
FOMC at 18:00 UTC (~30m) and Warsh presser at 18:30 will materially shift this read
M15 close below 1.3384 confirms a fresh lower low
Reclaim of 1.3417 200-dma neutralises the downside read
GBPUSD ground lower through NY hours on the soft UK CPI / steady-BoE narrative, sweeping to 1.3384 before buyers stepped in around the figure. Price now hugs 1.3396 below EMA20/50, recovered to the 1.3400 round number but not through it. FOMC decision at 18:00 UTC sits inside the next bar period.
Support: 1.33844, 1.3390
Resistance: 1.3400, 1.3406, 1.3415
What it said to watch
FOMC + dot plot at 18:00 UTC, ~45m out, will override this read
M15 close back above 1.3406 negates the lower-high sequence
Loss of 1.3384 opens the 1.3410 weekly-low zone below
17:16 UTC
Downtrend, bounce off lows · RSI 43 · price 1.33959
Lower highs, lower lows.
GBPUSD ground lower through the NY session, sweeping to a session low of 1.33844 as the soft UK CPI / steady-BoE narrative kept sterling pressured below the 1.3410 weekly low. Price has clawed back to 1.3396 but the broken 1.3410 level now caps as resistance, RSI(14) recovering off its lows near 42.
Support: 1.33844, 1.3380
Resistance: 1.3410, 1.3416
What it said to watch
FOMC decision at 18:00 UTC plus Warsh presser at 18:30 UTC could materially shift this read within the next bar
Reclaim of 1.34100 weekly low would neutralise the lower-high structure
Loss of 1.33844 session low confirms continuation lower
17:01 UTC
Downtrend, stabilising · RSI 41 · price 1.33937
Lower highs, lower lows into session low.
NY session extended the GBP slide on the soft UK CPI / steady-BoE narrative, sweeping the session low at 1.33844 on the 15:05 UTC flush before stabilising near 1.3394. Price holds below EMA20/50 in a clean lower-high chain; RSI(14) cooling around 41 after the bounce.
Support: 1.33844, 1.33892
Resistance: 1.33983
What it said to watch
FOMC decision at 18:00 UTC (~1h) could materially shift this read
Reclaim of the 1.33983 bounce high needed to ease downside pressure
Break of 1.33844 session low confirms a fresh lower-low
GBPUSD drifted to a session low of 1.33844 during NY hours, extending the soft-UK-CPI slide and pre-FOMC USD positioning after a strong Retail Sales print. Price has since bounced and is consolidating 1.3384–1.3398; RSI(14) recovering from the lows but capped under the broken 1.34000 area.
Support: 1.33844, 1.3380
Resistance: 1.33983, 1.34058, 1.3416
What it said to watch
FOMC decision at 18:00 UTC (~1h) plus Warsh presser could materially shift this read
M15 close above 1.33983 then 1.34058 would break the lower-high sequence
Failure to hold 1.33844 confirms a fresh lower low
Lower highs/lows, sub-1.3400 consolidation after sweep.
NY session sold GBPUSD off through the day's lows, with a sweep of 1.33844 on the 2274-volume bar before a shallow bounce. Price is now consolidating sub-1.3400, RSI(14) recovering off lows; the soft UK CPI print continues to weigh into FOMC.
Support: 1.33894, 1.33844
Resistance: 1.33983, 1.34051
What it said to watch
FOMC decision at 18:00 UTC (~1h15) could materially shift this read
M15 close above 1.33983 breaks the lower-high chain
Loss of 1.33844 confirms continuation of the lower-low sequence
GBPUSD ground lower through the NY session, sweeping to a fresh session low at 1.33844 on a volume spike before stabilising near 1.3393. Price holds below EMA20/50 with RSI(14) recovering off the lows around 40; broken weekly-low zone at 1.3410 now caps as resistance.
Support: 1.33844, 1.3380
Resistance: 1.3400, 1.34057, 1.3410
What it said to watch
FOMC decision at 18:00 UTC (~1h15) could materially shift this read
Close below 1.33844 confirms continuation of the lower-low sequence
Reclaim of 1.34000 would ease the intraday downside pressure
GBPUSD ground lower through NY hours, sweeping to a session low of 1.33844 before a shallow bounce to 1.339, RSI(14) near 37 after the soft UK CPI print kept sterling sub-200dma. Price holds a clean chain of lower highs with the 1.33975 swing high capping the recovery.
Support: 1.33844, 1.3380
Resistance: 1.33975
What it said to watch
FOMC decision at 18:00 UTC plus Warsh presser could materially shift this read
M15 close back above 1.33975 breaks the lower-high chain
Failure to hold 1.33844 confirms continuation toward 1.33800
GBPUSD ground lower through the NY session, sweeping to 1.33844 after soft UK CPI kept sterling at weekly lows; the bounce to 1.33983 faded and price sits back near the lows. RSI(14) near 40, price under EMA20 and EMA50 — momentum still down.
Support: 1.33844, 1.3380
Resistance: 1.33983
What it said to watch
FOMC decision at 18:00 UTC plus Warsh presser could materially shift this read within the next bars
Close below 1.33844 confirms continuation of the lower-low chain
Reclaim of 1.33983 needed to ease near-term downside pressure
Cable broke below the 1.3410 weekly low during NY hours, extending the slide after soft UK CPI and printing a session low at 1.33844 before a modest bounce to 1.33959. RSI lifting off oversold but price holds under EMA20/50.
Support: 1.33844
Resistance: 1.34013, 1.3410
What it said to watch
Fed decision at 18:00 UTC could materially shift this read
Reclaim of 1.34100 weekly low negates the breakdown
Loss of 1.33844 confirms continuation of lower lows
16:15 UTC
Downtrend, near session low · RSI 41 · price 1.33959
Lower highs, swept 1.33844 low.
Cable ground lower through the NY session and swept the 1.33844 low after soft UK CPI kept the BoE on hold, slipping under the 1.3410 weekly low. Price bounced to 1.33959 but holds below EMA20/50; RSI(14) near 41 with no extreme. FOMC at 18:00 UTC is the next driver.
Support: 1.33844, 1.33978
Resistance: 1.34057, 1.3416, 1.3410
What it said to watch
FOMC decision 18:00 UTC could materially shift this read
M15 close back above 1.34100 reclaims the weekly low
Failure to hold 1.33844 confirms a fresh lower-low
NY session pushed cable below the 1.34000 round number to a session low of 1.33844 before a tepid bounce to 1.33973, with GBP soft after the cooler UK CPI miss. The structure stays a sequence of lower highs and lower lows; RSI(14) near 41 off oversold but no momentum turn.
Support: 1.33844, 1.3392
Resistance: 1.3401, 1.3416
What it said to watch
Reclaim of 1.34010 round number would neutralise the fresh-low read
Loss of 1.33844 session low extends the lower-low sequence
Fed decision 18:00 UTC could materially shift this read
16:00 UTC
Downtrend, lows being probed · RSI 38 · price 1.33973
Lower highs into NY-session low at 1.3384.
Cable ground out a chain of lower highs through NY hours, swept to 1.3384 on a heavy 15:45 UTC candle, then bounced to 1.3397. RSI(14) near 38, off oversold; price sits below EMA20/50 with weekly-low 1.3410 area capping recoveries after soft UK CPI.
Support: 1.33844, 1.3393
Resistance: 1.3405, 1.3416
What it said to watch
Reclaim of 1.34050 would ease the lower-high pressure
Loss of 1.33844 confirms continuation of the lower-low sequence
FOMC decision ~2h away (18:00 UTC) can override this read
15:46 UTC
Downtrend, fresh lows · RSI 37 · price 1.33947
Lower highs, lower lows; weekly low broken.
NY session sold cable through the 1.3410 weekly low and the 1.3400 round number to a session low at 1.3384, with sterling soft after the cooler May CPI miss. Price is now consolidating around 1.3395 below both EMAs, RSI(14) near 37, into tonight's Fed decision.
Support: 1.33844, 1.3380
Resistance: 1.3400, 1.3410, 1.3416
What it said to watch
FOMC at 18:00 UTC plus Warsh presser could materially shift this read
Reclaim of 1.3410 weekly low would negate the breakdown
Break of 1.3384 session low extends the lower-low sequence
Cable ground lower through the NY session, breaking the 1.3410 weekly low and flushing to 1.33844 before a shallow bounce to 1.33947. Move follows soft UK CPI keeping a BoE hold in play; RSI(14) near 40, off its lows but no reversal structure yet.
Support: 1.33844, 1.3380
Resistance: 1.3400, 1.3410, 1.34183
What it said to watch
FOMC decision 18:00 UTC plus Warsh presser can override this read
Reclaim of 1.34100 weekly low would neutralise the breakdown
Close below 1.33844 session low confirms continuation of lower lows
Cable extended its slide through NY hours, breaking the 1.3400 handle after May UK CPI undershot and printing a session low at 1.33844 before a small bounce to 1.33947. Price is below EMA20/EMA50 with RSI(14) near 36; 1.3400 now caps as overhead resistance.
Support: 1.33844, 1.3380
Resistance: 1.3400, 1.34057, 1.3416
What it said to watch
FOMC decision 18:00 UTC plus Warsh presser 18:30 UTC could materially shift this read
Sustained move below 1.33844 confirms continuation of lower lows
Reclaim of 1.34000 would neutralise the breakdown
15:31 UTC
Downtrend, fresh lows · RSI 34 · price 1.33947
Lower highs, lower lows; just broke 1.3400.
Cable extended its NY-session slide, breaking the 1.3400 psych level with a sharp drop to 1.33844 after soft UK CPI kept the BoE-on-hold read intact. RSI(14) near 33 and a modest bounce to 1.33947 leaves 1.3400 as immediate overhead — a level reclaimed only on a close back above.
Support: 1.33844, 1.3380
Resistance: 1.3400, 1.3406, 1.3416
What it said to watch
FOMC decision 18:00 UTC then Warsh presser could materially shift this read in the next bars
M15 close back above 1.34000 neutralises the breakdown
Failure to hold 1.33844 opens the path toward 1.33800
Cable rolled over through the NY session, breaking the 1.3400 handle to a fresh weekly low at 1.33844 after the soft UK CPI miss kept the BoE-on-hold theme alive. RSI(14) near 31 reflects stretched downside momentum, but no reaction bounce yet with price hugging the lows.
Support: 1.33844, 1.3380
Resistance: 1.3400, 1.3406, 1.3416
What it said to watch
FOMC decision 18:00 UTC + Warsh presser 18:30 UTC could materially shift this read
Reclaim of 1.3400 would invalidate the breakdown
Failure to hold 1.33844 confirms continuation of the lower-low sequence
NY session drove cable to a fresh session low at 1.3384, breaking the 1.3400 handle on the back of soft UK CPI and a USD steadying pre-FOMC. RSI(14) near 30 after the steep last-hour leg down; price now hugging 1.3393.
Support: 1.33844, 1.3380
Resistance: 1.3400, 1.3415, 1.3425
What it said to watch
FOMC decision 18:00 UTC plus Warsh presser could materially shift this read
Reclaim of 1.3400 would negate the downside break
Loss of 1.3384 confirms continuation toward 1.3380
15:01 UTC
Downtrend, fresh lows · RSI 38 · price 1.34034
Lower highs and lower lows into NY.
Cable bled lower through the NY session after the soft May CPI miss, breaking the 1.3400 handle and printing a fresh session low at 1.33978 with RSI(14) near 38. The descending sequence of lower highs from 1.34183 stays intact ahead of the FOMC.
Support: 1.33978, 1.3400
Resistance: 1.34183, 1.3430
What it said to watch
FOMC decision at 18:00 UTC (~3h) can override this read
Reclaim of 1.34183 breaks the lower-high sequence
Failure to hold 1.33978 extends the lower-low chain
15:00 UTC
Downtrend, pressing lows · RSI 38 · price 1.34034
Lower highs and lower lows, at session low.
Cable broke the 1.3410 weekly low through the NY session after May CPI undershot, grinding to a session low of 1.33978 and now pinned to the 1.3400 handle. RSI(14) near 38, below both EMAs — chain of lower highs intact with no reclaim attempt.
Support: 1.3400, 1.33978
Resistance: 1.34173, 1.3435
What it said to watch
FOMC decision 18:00 UTC (~3h) could materially shift this read
Sustained close below 1.3400 opens path toward continuation lower
Reclaim of 1.34173 swing pivot would break the lower-high sequence
Cable bled lower through the NY session to a weekly low at 1.3399 after May CPI undershot, with a chain of lower highs capping the bounces. Two equal lows at 1.3399 mark the 1.3400 handle as the active floor; RSI(14) near 41, ATR ~31 pips.
Support: 1.3399, 1.3400
Resistance: 1.3416, 1.3435
What it said to watch
M15 close below 1.3399 confirms a fresh lower-low and breaks the 1.3400 handle
Reclaim of 1.3416 swing high invalidates the lower-high chain
FOMC decision 18:00 UTC and Warsh presser 18:30 UTC could materially shift this read
14:45 UTC
Downtrend, near session low · RSI 40 · price 1.34018
Lower highs, lower lows into 1.3400.
Cable ground to a session low of 1.3399 during NY hours after soft UK May CPI capped sterling, then clawed back to the 1.3400 handle. Structure is a clean chain of lower highs; the bounce stalled into 1.3416 before fresh selling resumed.
Support: 1.3399, 1.3400, 1.3410
Resistance: 1.3416, 1.3421
What it said to watch
FOMC decision 18:00 UTC + Warsh presser could materially shift this read
M15 close below 1.3399 confirms continuation toward the 1.3410 weekly low break
GBP ground to fresh session lows at the 1.3400 handle, extending the M15 downtrend after May CPI undershot. RSI(14) sits in the low-40s with no divergence; the 1.3400 psych level is absorbing the latest leg down. FOMC at 18:00 UTC is the immediate risk into the next bars.
Support: 1.3400, 1.3399
Resistance: 1.3416, 1.3428
What it said to watch
M15 close below 1.33990 confirms a lower low and opens room under the 1.3400 psych
Reclaim of 1.34160 recent high would break the descending channel
FOMC decision 18:00 UTC could materially shift this read
GBPUSD slid to a fresh session low at 1.33993 during NY hours after May CPI undershot, with sterling now pinned on the 1.3400 handle. Chain of lower highs intact below 1.34160; RSI(14) sub-40 but not yet extreme.
Support: 1.3400, 1.33993
Resistance: 1.3416, 1.3421, 1.34351
What it said to watch
M15 close below 1.33993 confirms continuation of the lower-low sequence
Reclaim of 1.34160 would break the lower-high chain
FOMC decision/Warsh presser tonight could materially shift this read
14:16 UTC
Downtrend, basing near lows · RSI 44 · price 1.34066
Lower highs into 1.3400, consolidating off session low.
Cable bled lower through the session after soft UK May CPI, posting a session low at 1.33993 before bouncing to 1.34160 and fading back to 1.34066. Price is consolidating just above the 1.3400 handle, RSI(14) mid-40s, with the Fed decision at 18:00 UTC the next catalyst.
Support: 1.33993, 1.3400
Resistance: 1.3416, 1.3421
What it said to watch
M15 close below 1.33993 confirms a lower-low and exposes 1.3400
Reclaim of 1.34160 swing high would ease the downside pressure
FOMC 18:00 UTC and Warsh presser 18:30 UTC could materially shift this read
14:15 UTC
Downtrend, attempting to base · RSI 44 · price 1.34066
Lower highs into 1.3400, holding above session low.
Cable slid to a weekly low at 1.33993 after soft UK May CPI, then clawed back to chop just above the 1.3400 handle. Lower highs cap each bounce near 1.34160; structure stays heavy below EMA20/50 with RSI(14) mid-40s, no momentum extreme.
Support: 1.3400, 1.33993
Resistance: 1.3416, 1.34216, 1.34351
What it said to watch
M15 close below 1.33990 confirms a fresh lower low
Reclaim of 1.34160 swing high would ease the downside pressure
FOMC at 18:00 UTC (~4h) could materially shift this read
Cable slid through the London session to a session low of 1.33993 after May CPI undershot, then bounced to 1.34183 before fading back to the 1.3400 handle. Price holds below EMA20/50 with RSI(14) mid-40s; bounce highs near 1.34183 are being rejected, weekly low at 1.3410 in focus into the FOMC.
Support: 1.3400, 1.33993
Resistance: 1.34183, 1.34337
What it said to watch
FOMC decision 18:00 UTC (~1h) likely to drive next leg via USD
M15 close below 1.34000 confirms a lower low and breaks the weekly-low pivot
Reclaim of 1.34183 negates the lower-highs sequence
Lower highs into 1.3400, consolidating just above session low.
Cable slid to a weekly low of 1.33993 after the soft UK May CPI miss, then carved a tight consolidation just above the 1.3400 psych handle. Price sits below EMA20/50 with RSI(14) mid-40s; the bounce off 1.3400 has stalled under 1.3416.
Support: 1.3400, 1.3399
Resistance: 1.3416, 1.3421, 1.3435
What it said to watch
M15 close below 1.33990 confirms a lower low and opens 1.3400 break
Reclaim of 1.34160 needed to challenge the descending highs
FOMC 18:00 UTC could materially shift this read via USD
Cable slid through NY hours to a weekly low of 1.33993 after soft UK May CPI reaffirmed a BoE-on-hold read, then clawed back to the 1.3400 handle. Price now hovers at 1.34128 just above EMA20 with RSI(14) recovering from oversold toward neutral; 1.3416 swing high caps the bounce.
Support: 1.3400, 1.3399
Resistance: 1.3416, 1.3421, 1.3443
What it said to watch
FOMC decision at 18:00 UTC (~4h out) could materially shift this read
M15 close below 1.3400 confirms continuation of the lower-low sequence
Reclaim above 1.3416 opens the path back toward the 1.3421 pivot
Lower highs into 1.3399 low, shallow recovery underway.
NY session drove cable down from ~1.3435 to a session low of 1.33993 after the soft UK CPI miss, then buyers stepped in around the 1.3400 handle for a shallow recovery to ~1.3417. Price now hovers near EMA20 at 1.34128, RSI(14) back to neutral; FOMC at 18:00 UTC looms over the next bars.
Support: 1.33993, 1.3400
Resistance: 1.34173, 1.3421, 1.34337
What it said to watch
FOMC decision at 18:00 UTC + Warsh presser 18:30 UTC will reset this read
Loss of 1.3400 handle confirms continuation toward a fresh session low
M15 close above 1.34210 negates the lower-high sequence
Cable sold off through the NY morning to a weekly low at 1.3400 after the soft UK May CPI print, then bounced back to 1.3416 with RSI(14) lifting off the lows. Price is back above EMA20 but capped under the prior 1.3435 supply zone; the 1.3400 handle held on the dip.
Support: 1.3400, 1.3406
Resistance: 1.3421, 1.3435
What it said to watch
FOMC decision 18:00 UTC could materially shift this read
Loss of 1.3400 confirms a fresh lower low
M15 close above 1.34210 breaks the recent lower-high chain
13:31 UTC
Downtrend, bouncing off lows · RSI 54 · price 1.34155
Lower highs into weekly low, recovery underway.
Cable slid through the European session to a weekly low at 1.3399 after May CPI undershot, then found buyers twice at the 1.3400 handle and recovered to 1.3415 into the NY session. Price has reclaimed EMA20 but sits below EMA50; the 1.3400 base is intact, 1.3417 swing high caps the bounce.
Support: 1.3400, 1.33993
Resistance: 1.34175, 1.3420, 1.34351
What it said to watch
FOMC decision in ~4.5h (18:00 UTC) could materially shift this read
M15 close below 1.3399 confirms a fresh lower-low and breaks the 1.3400 base
Reclaim above 1.3417 opens the path toward the 1.3420 EMA50 area
Cable slid through the NY session to a weekly low of 1.3399 after May UK CPI undershot, then clawed back to 1.3415 with RSI(14) lifting off the mid-30s. The 1.3400 handle is holding so far; recent rallies have stalled under 1.3420.
Support: 1.3400, 1.33993
Resistance: 1.3420, 1.34337
What it said to watch
Loss of 1.3400 confirms continuation of the lower-low sequence
M15 close above 1.3420 swing high challenges the downtrend read
FOMC at 18:00 UTC (~5h out) could materially shift this read via USD spillover
Cable slid to a weekly/session low of 1.3399 after soft UK May CPI, then bounced back to 1.3415 during the London-NY overlap with RSI(14) lifting off oversold. The 1.3400 handle held on the sweep; price now sits below EMA50 and capping into the 1.3417 prior-low zone.
Support: 1.3399, 1.3400
Resistance: 1.3417, 1.3435
What it said to watch
FOMC at 18:00 UTC could materially shift this read
M15 close below 1.3399 confirms a lower low
Reclaim of 1.3435 needed to negate the intraday downtrend
Cable ground to a session low of 1.33993 after soft UK May CPI, holding the 1.3400 handle and now ticking back to 1.34111. Lower highs from 1.3443 still cap, with price below EMA20/50 and RSI recovering from mid-40s. FOMC tonight is the next catalyst.
Support: 1.3400, 1.33993
Resistance: 1.34175, 1.3421
What it said to watch
M15 close below 1.34000 confirms a fresh lower low
Reclaim of 1.34175 breaks the descending-high sequence
FOMC decision 18:00 UTC + Warsh presser could materially shift this read
13:01 UTC
Downtrend, attempting to base · RSI 41 · price 1.34111
Lower highs into weekly low, holding 1.3400.
Cable slid through London-NY to a weekly low of 1.33993 after the soft UK May CPI miss, printing a chain of lower highs. Buyers stepped in around the 1.3400 handle on the last few bars, RSI(14) lifting off the low-40s; 1.34173 caps the recovery.
Support: 1.3400, 1.33993
Resistance: 1.34173, 1.3421, 1.34337
What it said to watch
M15 close below 1.33993 confirms a fresh lower low and break of the 1.3400 handle
Reclaim of 1.34173 would break the descending lower-high sequence
FOMC decision 18:00 UTC and Warsh presser could materially shift this read
12:46 UTC
Downtrend, near session low · RSI 36 · price 1.34078
Lower highs into a fresh session low.
GBPUSD broke down from the 1.3425–1.3435 NY range and slid to a session low of 1.33993 as GBP stays soft after yesterday's CPI miss and the market sits in pre-FOMC limbo. A modest bounce to 1.34078 follows, but the structure remains a chain of lower highs with RSI(14) near 36.
Support: 1.3400, 1.3380
Resistance: 1.3417, 1.3430
What it said to watch
Close below 1.34000 opens the 1.3380 support
Reclaim of 1.34170 would break the lower-high sequence
FOMC decision 18:00 UTC could materially shift this read; US Retail Sales 12:30 UTC is the immediate USD catalyst
12:46 UTC
Downtrend, fresh lows · RSI 41 · price 1.34078
Lower highs, lower lows after range break.
GBPUSD broke down from the 1.3425-1.3430 midday range and printed a fresh session low at 1.33993 during NY hours, extending the slide that followed yesterday's soft UK CPI. RSI(14) near 41 with a small bounce off 1.3400; sellers capping each retest below 1.3417.
Support: 1.33993, 1.3380
Resistance: 1.3417, 1.3443
What it said to watch
M15 close back above 1.3417 invalidates the lower-high sequence
FOMC decision at 18:00 UTC is the immediate USD-side risk for this read
Lower highs into a break of the 1.3410 weekly low.
GBPUSD broke the 1.3410 weekly low during the European afternoon, extending to 1.3399 after the cooler UK CPI print kept GBP heavy. RSI(14) near 31 reflects short-term stretch but price remains below EMA20/50 with a chain of lower highs; a shallow bounce to 1.34074 into the close.
Support: 1.3399, 1.3380
Resistance: 1.3417, 1.3430
What it said to watch
Reclaim of 1.3417 swing high would ease the downside break
M15 close below 1.3380 support opens broader range trading
FOMC decision + Warsh presser at 18:00 UTC is the immediate USD-side risk
12:30 UTC
Downtrend, fresh lows · RSI 33 · price 1.34074
Lower highs, broke weekly low.
GBPUSD broke the 1.3410 weekly low through the London-NY transition, sliding to a session low of 1.3399 after the soft UK CPI; RSI(14) near 33, not yet at extremes. Price hugging 1.34074 below EMA20/50 with a chain of lower highs.
Support: 1.33993, 1.3380
Resistance: 1.3417, 1.34307
What it said to watch
Close below 1.3380 support opens broader range trading
Reclaim of 1.34170 pivot would negate the breakdown
US Retail Sales (12:30 UTC) and FOMC later today are the immediate USD-side risks
12:16 UTC
Downtrend, pressing lows · RSI 33 · price 1.34045
Lower highs, lower lows into session low.
GBPUSD ground out a chain of lower highs through the London-NY transition and broke the prior 1.3410 weekly-low shelf, printing a session low at 1.3399 after the soft UK CPI. Price sits at 1.34045 with RSI(14) near 33, below both EMAs — momentum to the downside.
Support: 1.3399, 1.3380
Resistance: 1.3417, 1.3428
What it said to watch
US Retail Sales 12:30 UTC (~15m) and FOMC 18:00 UTC could materially shift this read
M15 close back above 1.3417 would neutralise the lower-high sequence
GBPUSD ground steadily lower through the NY session, slipping below the 1.3410 weekly low after May CPI undershot and bleeding to 1.3399 before stalling at 1.3404. RSI(14) near 36 with momentum heavy; sequence of lower highs intact and ATR a thin ~6 pips into pre-FOMC limbo.
Support: 1.3399, 1.3380
Resistance: 1.3417, 1.3443
What it said to watch
US Retail Sales at 12:30 UTC could break the tight range
Reclaim of 1.3417 would neutralise the lower-high chain
Failure to hold 1.3399 opens the 1.3380 support
FOMC at 18:00 UTC is the dominant USD-side risk for this read
12:01 UTC
Downtrend, fresh lows · RSI 32 · price 1.3403
Lower highs, lower lows; new session low.
GBP/USD broke down through the 1.3410 weekly low into early NY hours and printed a fresh session low at 1.3399, extending the post-CPI slide flagged in the digest. Price stalled most of the day in a 1.3425-1.3434 range before sellers pressed lower; RSI(14) near 31 reflects the momentum but not yet a stretched extreme.
Support: 1.3399, 1.3380
Resistance: 1.3417, 1.3434, 1.3443
What it said to watch
Reclaim of 1.3417 would neutralise the lower-low read
Close below 1.3380 opens broader range trading
US Retail Sales 12:30 UTC and FOMC 18:00 UTC could materially shift this read
GBPUSD broke down from the 1.3425-1.3433 range that held through London and slid to a session low of 1.3399 into the NY open, with RSI(14) near 32. Price trades below EMA20 and EMA50 after May CPI undershot, keeping cable pinned to weekly-low territory ahead of US Retail Sales.
Support: 1.3399, 1.3380
Resistance: 1.3417, 1.3443
What it said to watch
Reclaim of the 1.3417 broken floor would neutralise the breakdown
Close below 1.3380 opens broader range trading
US Retail Sales at 12:30 UTC and FOMC at 18:00 UTC could materially shift this read
GBPUSD ground out a chain of lower highs through London and broke under the 1.3410 weekly-low pin, printing 1.34046 as the cooler May CPI keeps cable on the back foot. Price sits at the lows below EMA20/50 with RSI(14) near 33 — soft but not yet stretched. Sellers are capping each bounce around 1.34170.
Support: 1.34046, 1.3400
Resistance: 1.34173, 1.3428, 1.3443
What it said to watch
Break and hold below 1.34000 extends the lower-low sequence
Reclaim of 1.34173 would neutralise the intraday downtrend
US Retail Sales 12:30 UTC and FOMC 18:00 UTC could materially shift this read
GBPUSD slid to a fresh session low at 1.34046, breaking below the 1.3410 weekly low after soft UK CPI kept GBP on the back foot. Price trades under EMA20/50 with RSI(14) near 31; the broken 1.3410 now caps as resistance.
Support: 1.34046, 1.3400
Resistance: 1.3410, 1.34175, 1.3430
What it said to watch
Reclaim of 1.3410 invalidates the downside break
US Retail Sales 12:30 UTC and FOMC 18:00 UTC could materially shift this read
Sustained loss of 1.34000 psych extends the lower-low sequence
Cable broke down from the 1.3430 shelf after the soft UK CPI miss and is grinding into the 1.3410 weekly low, last printing 1.34083. Sequence of lower highs intact, RSI(14) mid-30s but not yet oversold; price capped on bounces into 1.3417.
Support: 1.34064, 1.3380
Resistance: 1.34173, 1.34212, 1.34351
What it said to watch
M15 close below 1.34064 confirms continuation toward 1.3380
Reclaim of 1.34173 needed to stall the lower-high chain
Fed decision tonight + Warsh presser can override this read
Cable ground to a fresh session and weekly low near 1.3406 after the soft UK CPI miss, slipping out of the 1.3410-1.3435 range it held through NY. RSI(14) sub-40 but not yet extreme, with price pinned below EMA20/50 into the Fed tonight.
Support: 1.34064, 1.3400
Resistance: 1.3417, 1.34215, 1.34351
What it said to watch
Close below 1.34000 opens the path toward 1.3380
Reclaim of 1.34215 negates the breakdown read
FOMC decision tonight could materially shift this read
11:16 UTC
Downtrend, now consolidating at lows · RSI 41 · price 1.34112
Post-CPI breakdown, ranging near session low.
Cable broke down to a weekly low near 1.3410 on the 06:00 UTC soft UK CPI print and has since stalled in a tight 1.3408–1.3421 range through late London. RSI(14) flat near 41, ATR compressed to ~7 pips as price coils ahead of tonight's Fed.
Support: 1.3408, 1.34029
Resistance: 1.3421, 1.34337
What it said to watch
M15 close below 1.3408 confirms a lower-low and opens 1.3380
Reclaim of 1.3421 then 1.34337 negates the breakdown read
Fed decision tonight 18:00 UTC can break this range either way
11:16 UTC
Downtrend, consolidating near lows · RSI 44 · price 1.34112
Drop then range above weekly low.
Cable broke lower in early London after the soft UK CPI miss, dropping into the 1.3410 weekly-low area and stalling. Since then it has consolidated 1.3408-1.3421 with RSI(14) mid-range; price sits below both EMAs.
Support: 1.3408, 1.34029, 1.3380
Resistance: 1.34173, 1.3421, 1.34351
What it said to watch
M15 close below 1.3408 weekly low opens 1.3380
Reclaim of 1.3421 range top negates the lower-high sequence
Fed decision tonight 18:00 UTC could overhaul this read
Ranging after rejection at 1.3443, pressing the lows.
Cable drifted to the weekly low near 1.3410 through the European session after soft UK CPI, with price capped under a series of lower highs from the 1.3443 swing high. RSI(14) sits in the mid-40s and price holds below EMA20/50; structure is a tight consolidation pinned to the lows ahead of tonight's Fed.
Support: 1.3408, 1.3403
Resistance: 1.3435, 1.3443
What it said to watch
M15 close below 1.3403 confirms a lower low and opens 1.3380
Reclaim of 1.3435 session high would neutralise the downside pressure
Fed decision tonight 18:00 UTC could materially shift this read
11:01 UTC
Downtrend, near weekly low · RSI 42 · price 1.3413
Lower highs into 1.3410 support.
Cable slipped to a weekly low at 1.3410 after the soft UK CPI miss, breaking down from the 1.3425-1.3435 London range to print 1.3408. RSI(14) sits mid-40s with price pinned below EMA20/50; sellers capped each bounce under 1.3420.
Support: 1.3410, 1.3403
Resistance: 1.3420, 1.3435
What it said to watch
Sustained M15 close below 1.3408 confirms a lower-low and opens 1.3380
Reclaim of 1.3435 session high invalidates the downside read
Fed decision tonight + US Retail Sales 12:30 UTC could materially shift the USD leg
10:46 UTC
Range, drifting lower · RSI 43 · price 1.34114
Tight range after midday drop, holding near floor.
Cable sold off from 1.3435 around midday and has since coiled in a 1.3408–1.3420 band, RSI(14) flat in the low-40s. Price sits on the range floor near 1.3410 as the market digests cooler-than-feared UK CPI and waits on US Retail Sales and the FOMC.
Support: 1.3408, 1.34029
Resistance: 1.3420, 1.3435
What it said to watch
M15 close below 1.3408 reopens the path toward 1.3380
Reclaim and close above 1.3435 invalidates the lower drift
US Retail Sales (12:30 UTC) then FOMC could materially shift this read
Cable is coiling in a tight 1.3408–1.3421 band after rolling over from 1.3435, price now pinned to the lower edge near 1.34114 with RSI sub-45. Soft UK CPI capped the move and traders are sitting on their hands ahead of upcoming jobs/BoE risk.
Support: 1.3408, 1.34029
Resistance: 1.3421, 1.3433
What it said to watch
M15 close below 1.3408 confirms a lower-low and reopens 1.3403
Reclaim of 1.3421 puts the 1.3433 prior high back in play
UK jobs and BoE risk this week can materially shift this range read
10:31 UTC
Range, drifting lower · RSI 45 · price 1.34159
Ranging below mid, lower highs into close.
Cable is ranging 1.3408–1.3443, now hugging the lower half after a sharp London-session rejection from 1.3435 down to 1.3408. RSI(14) sits mid-band near 45 and price holds under EMA20/EMA50; volatility is muted as the market coils into the FOMC and tomorrow's UK jobs/BoE.
Support: 1.3408, 1.3403
Resistance: 1.3420, 1.3435, 1.3443
What it said to watch
M15 close below 1.3408 confirms a lower-low and opens the range floor toward 1.3380
Close back above 1.3435 puts the range top at 1.3443 in play
US Retail Sales (12:30 UTC) and FOMC (18:00 UTC) can break this range
10:31 UTC
Range, momentum flat · RSI 44 · price 1.34159
Consolidation after NY drop.
Cable slid from 1.34351 during NY hours and has since coiled into a tight 1.3408–1.3421 band, ATR compressed near 6 pips. RSI(14) sits mid-40s with no momentum extreme; price hugs below EMA20/50 as the market digests the soft UK CPI and waits on Sterling and dollar event risk.
Support: 1.3408, 1.34029
Resistance: 1.3421, 1.34351
What it said to watch
Close above 1.3421 reopens the 1.34351 drop origin
Loss of 1.3408 confirms a lower-low toward 1.34029
US Retail Sales 12:30 UTC and FOMC 18:00 UTC could break this range
10:16 UTC
Downshift, now ranging · RSI 44 · price 1.34171
Range below a broken consolidation.
London session broke down from the 1.3425-1.3435 consolidation around the soft UK CPI print, tagging 1.3408 before settling into a tight 1.3408-1.3420 range. RSI(14) is mid-band near 44 and price sits just under EMA20/EMA50 — no momentum either way ahead of the Fed.
Support: 1.3408, 1.3411
Resistance: 1.3421, 1.3435
What it said to watch
M15 close below 1.3408 confirms a lower low
Reclaim of 1.3420 reopens the 1.3435 swing high
FOMC at ~18:00 UTC could materially shift this read
10:16 UTC
Downtrend stalling into consolidation · RSI 47 · price 1.34171
Coiling below midday drop.
Cable was sold off sharply from 1.3435 to 1.3408 through the London session after soft UK CPI capped the move, then settled into a tight 1.3408–1.3215 coil. Price is pinned near 1.3417 in pre-FOMC limbo, RSI(14) mid-range with no momentum either way.
Support: 1.3408, 1.34029
Resistance: 1.34215, 1.3429
What it said to watch
FOMC decision ~18:00 UTC is the dominant near-term driver — likely to break this coil
M15 close below 1.3408 confirms continuation of the lower-low sequence
Reclaim of 1.3422 needed to put the 1.3290 supply back in play
10:01 UTC
Downtrend, now consolidating · RSI 43 · price 1.34144
Tight range below post-CPI breakdown.
Cable broke down from the 1.3425–1.3435 shelf into the London session, dropping ~20 pips on the soft UK CPI undershoot before stabilising. Price now coils between 1.3408 and 1.3421 with RSI(14) mid-40s; the pre-CPI high at 1.3435 caps above.
Support: 1.3408, 1.3400
Resistance: 1.3421, 1.3435
What it said to watch
M15 close above 1.3421 reopens 1.3435
Loss of 1.3408 extends the breakdown toward 1.3400
FOMC ~18:00 UTC is the dominant near-term driver and can override this range
Cable was rejected near 1.34350 and dropped sharply to 1.34080, now coiling between 1.34080 and 1.34210 with RSI(14) mid-range. Soft UK CPI this morning capped the earlier push; price is below EMA20 and EMA50 as traders sit on hands into the Fed.
Support: 1.3408, 1.34029
Resistance: 1.3421, 1.3430, 1.3443
What it said to watch
M15 close above 1.34210 reopens the 1.34300 swing high
Failure to hold 1.34080 confirms a lower low toward 1.34029
FOMC at 18:00 UTC and US Retail Sales at 12:30 UTC could materially shift this read
Cable rejected the 1.3435 session high during London hours and slid back toward the 1.3408 floor, capped after the soft UK CPI miss. Price now coils mid-range near 1.3419 below EMA20/50, two-way and idling into the Fed.
Support: 1.3408, 1.34029
Resistance: 1.3435, 1.34437
What it said to watch
M15 close above 1.3435 reopens the 1.3444 prior high
Loss of 1.3408 confirms a lower-low toward 1.3403
FOMC at 18:00 UTC is the dominant near-term driver
Cable rejected 1.3435 during London hours and dropped to 1.3408, where buyers stepped in twice; price now coils near 1.3419 with RSI(14) neutral. Range read intact between the 1.3408 session low and the 1.3435 rejection after the soft UK CPI capped the earlier push.
Support: 1.3408, 1.34141
Resistance: 1.34351, 1.3443
What it said to watch
M15 close below 1.3408 confirms a lower low and opens 1.3380
London session broke the overnight 1.3425-1.3435 shelf with a sharp drop to 1.3408 around the soft UK CPI print, and price is now consolidating between 1.3408 and 1.3421 below both EMAs. RSI(14) sits mid-range near 43, no momentum extreme; ATR ~7 pips after the spike.
Support: 1.3408, 1.3380
Resistance: 1.3421, 1.3435
What it said to watch
M15 close below 1.3408 opens the 1.3380 range trigger
Reclaim of 1.3435 drop origin negates the break-lower read
FOMC tonight is the dominant USD catalyst and could reset this range
09:31 UTC
Short-term down, now flat · RSI 44 · price 1.34155
Broke consolidation, basing at lows.
Cable rejected the 1.3435 prior high and broke down through the long 1.3425-1.3430 consolidation, sliding to 1.3408 before stabilising near 1.3415. RSI(14) sits mid-40s with price under both EMAs; no clean intraday direction with FOMC tonight the dominant risk.
Support: 1.3408, 1.3411
Resistance: 1.3421, 1.3435, 1.3443
What it said to watch
M15 close below 1.3408 extends the leg lower
Reclaim of 1.3435 negates the breakdown
FOMC tonight (18:00 UTC) and US Retail Sales (12:30 UTC) can override this read
09:16 UTC
Downtrend off London open, now flat · RSI 43 · price 1.34157
Consolidation under broken range.
London open broke the 1.3430 consolidation lower with a sharp impulse to 1.3408 after the soft UK CPI miss trimmed BoE hike bets. Price is now ranging 1.3408–1.3421 below the prior shelf, RSI(14) mid-40s.
Support: 1.3408, 1.34029
Resistance: 1.3421, 1.3433
What it said to watch
M15 close back above 1.3421 swing high challenges the breakdown read
Failure to hold 1.3408 session low opens 1.34029 range low
FOMC tonight is the dominant USD catalyst and can reset this read
Cable held a tight 1.3408–1.3435 band through Asia into the London session, with a sharp rejection off 1.3435 dropping price back to mid-range near 1.3416. RSI(14) cooling toward the mid-40s and both EMAs sit overhead; FOMC tonight is the dominant driver into a thin pre-event tape.
Support: 1.3408, 1.3400
Resistance: 1.3433, 1.3443
What it said to watch
M15 close above 1.3433 reopens the session high at 1.3443
Break below 1.3408 confirms a lower low toward 1.3400
FOMC tonight could materially shift this read
09:01 UTC
Downtrend off CPI drop, now consolidating · RSI 41 · price 1.3412
Range break lower, basing 1.3408-1.3421.
Cable broke its tight London range lower into soft UK CPI (0.2% vs 0.4% m/m), sliding from 1.3435 to 1.3408 around the 09:15 broker print. Price is now basing between 1.3408 and 1.3421, RSI(14) mid-40s after cooling; supply has capped each bounce below 1.3421.
Support: 1.3408, 1.3380
Resistance: 1.3435
What it said to watch
M15 close below 1.3408 opens the path to 1.3380
Reclaim of 1.3435 negates the post-CPI breakdown
US Retail Sales 12:30 UTC and FOMC tonight could materially shift this read
Lower highs since the 1.3443 high, consolidating near 1.3410.
Cable rolled off the 1.3443 session high and dropped sharply during NY hours to 1.3408, where it's now consolidating around 1.3412 below EMA20/50. Price is coiled near session lows with FOMC tonight the dominant USD driver.
Support: 1.3408, 1.3403
Resistance: 1.3420, 1.3435, 1.3443
What it said to watch
Loss of 1.3408 confirms a lower-low and opens the 1.3403 swing low
Reclaim of 1.3420 negates the near-term lower-high sequence
FOMC tonight (18:00 UTC) could materially shift this read
London session opened with a rejection at the 1.3435 session high, then a sharp drop to 1.3408. Price is now basing in a tight 1.3408-1.3421 range with RSI(14) in the mid-40s; FOMC tonight is the dominant driver, with GBP coiled mid its broader band after soft UK CPI.
Support: 1.3408, 1.34029
Resistance: 1.3421, 1.34351
What it said to watch
M15 close above 1.3421 range top reopens the path to the 1.3435 session high
Failure to hold 1.3408 confirms a lower-low toward 1.3403
FOMC tonight could materially shift this read
08:46 UTC
Downshift, now consolidating · RSI 41 · price 1.34121
Lower high then sideways range.
London session sold off from the 1.34351 session high to 1.3408 after the soft UK CPI print, and price has since coiled in a tight 1.3408-1.3421 band. RSI(14) sits mid-40s with no extreme; FOMC tonight is the dominant near-term risk.
Support: 1.3408, 1.34029
Resistance: 1.3421, 1.34351
What it said to watch
M15 close below 1.3408 opens the path toward 1.34029 session low
Reclaim of 1.3421 range top needed to neutralise the London drop
FOMC decision tonight (18:00 UTC) could materially shift this read
08:31 UTC
Range, recent leg lower · RSI 44 · price 1.34162
Consolidation under broken support.
London session sold the 1.3429/1.3435 shelf down to 1.34082, and price now consolidates in a tight 1.3408-1.3421 band below EMA20/50. RSI(14) mid-40s, momentum flat into the Fed tonight.
Support: 1.34082, 1.3411
Resistance: 1.34215, 1.3429
What it said to watch
M15 close below 1.34082 confirms a lower-low and opens 1.3380
Reclaim of 1.34290 negates the downside range break
Fed decision 18:00 UTC and US Retail Sales 12:30 UTC could reset this read
GBPUSD slipped from 1.3433 to 1.3408 on the soft UK CPI print (0.2% vs 0.4% m/m), breaking below the prior 1.3425-1.3435 consolidation. Price has since stabilised, now chopping 1.3413-1.3421 with RSI mid-range, no fresh direction in play.
Support: 1.34082, 1.3413
Resistance: 1.3435, 1.3443
What it said to watch
Reclaim of 1.3435 negates the CPI-driven downside break
Loss of 1.34082 opens a lower low toward 1.3380
Retail Sales 12:30 UTC then FOMC tonight dominate the next sessions
Cable was capped under 1.3433 through the prior session then rolled over into the early London hours, dropping to 1.3408 before stabilising. Now ranging 1.3408–1.3420 below EMA20/50, RSI(14) mid-zone near 43 with no momentum; soft UK CPI keeps GBP heavy but the read hinges on the Fed tonight.
Support: 1.3408, 1.34029
Resistance: 1.3433, 1.3443
What it said to watch
M15 close below 1.34080 confirms a lower low toward 1.34029
Reclaim of 1.3433 needed to negate the rejection
FOMC decision tonight (18:00 UTC) the dominant driver — likely to override this intraday read
08:16 UTC
Downtick after range break, stabilising · RSI 45 · price 1.34179
Broke down from tight range, now consolidating lower.
Cable broke down through the tight 1.3428-1.3434 London range, dropping to 1.3408 before steadying. Price now chops 1.3408-1.3421 under EMA20/50, RSI(14) mid-40s — soft UK CPI in the background but the FOMC tonight is the dominant driver.
Support: 1.34082, 1.34029
Resistance: 1.34351, 1.3443
What it said to watch
Reclaim of 1.34351 invalidates the breakdown read
Loss of 1.34082 confirms a lower low toward 1.34029
FOMC tonight (18:00 UTC) can override this intraday structure
08:01 UTC
Downshift after range break · RSI 42 · price 1.34149
Broke overnight range, basing near session low.
Cable held a tight 1.3425-1.3433 band through the Asian session before snapping below it at the London open, sliding to 1.34082 — soft UK CPI keeping GBP capped. Price is now basing just under the broken 1.3425 base with RSI(14) in the low 40s, both EMAs overhead.
Support: 1.34082, 1.34029
Resistance: 1.3425, 1.3443
What it said to watch
Loss of 1.34082 confirms a lower low and opens 1.3403 swing low
Reclaim of 1.3425 broken base would neutralise the breakdown
FOMC decision tonight (18:00 UTC) is the dominant near-term USD driver
Cable broke the 1.3428-1.3435 shelf after the soft UK CPI print around the London open, sliding to 1.3408 before stabilising near 1.3415. Price now coils in a 1.3411-1.3419 band below EMA20/50 with RSI(14) mid-40s; Fed decision at 18:00 UTC is the dominant driver ahead.
Support: 1.34082, 1.34113
Resistance: 1.34193, 1.34335
What it said to watch
M15 close back above 1.34193 negates the breakdown
Loss of 1.34082 confirms a lower-low extension
FOMC at 18:00 UTC can override this intraday structure
07:46 UTC
Range, recent leg lower · RSI 42 · price 1.34141
Pullback within range after CPI drop, holding above session low.
Cable was sold from 1.3435 at the London open after the soft UK CPI print (MoM 0.2% vs 0.4% f/c), tagging 1.3408 before stabilising near 1.3414. Price now sits below EMA20/50 with RSI(14) around 42; the day's range is intact between 1.3408 and 1.3435.
Support: 1.3408, 1.3380
Resistance: 1.3428, 1.3435
What it said to watch
M15 close below 1.3408 opens the path to 1.3380 range support
Reclaim of 1.3428 ema20 would neutralise the post-CPI dip
FOMC tonight (18:00 UTC) could materially shift this read
07:46 UTC
Downside break of overnight range · RSI 41 · price 1.34141
Range broken lower, basing near session low.
Early London sliced through the overnight 1.3425-1.3433 consolidation, dropping to 1.3408 after softer UK CPI, then steadied around 1.3414. RSI(14) near 41, price holding below EMA20/50 after the break.
Support: 1.34082, 1.34029
Resistance: 1.3433, 1.3443
What it said to watch
Reclaim of 1.3433 would negate the downside break and restore the range
Failure to hold 1.3408 opens 1.3403 prior low
FOMC tonight 18:00 UTC can override this intraday read
Cable spent the Asian session coiled around 1.3428, then broke down at the 06:15 UTC bar after the softer UK CPI miss, dropping to 1.34082 before a shallow bounce to 1.34173. Price now sits below the broken 1.3425 range floor, which becomes the first resistance to watch into FOMC tonight.
Support: 1.34082, 1.3380
Resistance: 1.3425, 1.3435
What it said to watch
M15 close back above 1.34250 invalidates the breakdown read
Failure to hold 1.34082 confirms continuation lower toward 1.3380
FOMC tonight (18:00 UTC) could materially reset this read
07:31 UTC
Ranged Asia, leg lower at London open · RSI 42 · price 1.34173
Broke below Asian range floor, basing near session low.
Cable held a tight 1.3425-1.3433 band through the Asian session before the London open sliced through the range floor, dropping to 1.34082 in one bar on the softer UK CPI tilt and a firm USD into FOMC. Price has since recovered to 1.34173 but sits below the broken 1.3433 floor, RSI(14) cooling in the low 40s.
Support: 1.3408, 1.34029
Resistance: 1.3433, 1.3443
What it said to watch
Reclaim of 1.34330 negates the London-open range break
Loss of 1.34080 confirms continuation toward 1.34029
US Retail Sales 12:30 UTC and FOMC 18:00 UTC could reset this read
07:16 UTC
Downturn after intraday range break · RSI 40 · price 1.34144
Cable coiled in a tight 1.3425-1.3435 band through Asia, then broke down sharply at the London open to a 1.3408 session low before stalling at 1.3414, RSI(14) cooling near 40. Move follows this morning's softer UK CPI (MoM 0.2% vs 0.4% f/c), a marginal GBP negative, with USD firm into the Fed.
Support: 1.34082, 1.3380
Resistance: 1.34337, 1.3443
What it said to watch
M15 close back above 1.3433 negates the range-break read
Failure to hold 1.34082 opens the path toward 1.3380
FOMC tonight (18:00 UTC) and US Retail Sales (12:30 UTC) can override this intraday structure
07:16 UTC
Downtick within broader range · RSI 39 · price 1.34144
Broke below morning consolidation, probing lows.
London morning saw cable roll off a tight 1.3425-1.3433 consolidation and break lower toward 1.3408 after the softer UK CPI print, with RSI(14) cooling near 39. Price now hovers at 1.3414, below EMA20/50, having rejected the 1.3443 session high earlier.
Support: 1.34082, 1.34029
Resistance: 1.34215, 1.3433, 1.3443
What it said to watch
M15 close below 1.34082 confirms a lower low
Reclaim of 1.34215 negates the breakdown
FOMC tonight (18:00 UTC) and US Retail Sales (12:30 UTC) could reset this read
07:01 UTC
Downtick, range broken lower · RSI 41 · price 1.34131
Range break below overnight floor.
Cable coiled in a tight 1.3425-1.3435 band through the Asia session, then broke lower into London after the soft UK CPI print, sliding to a 1.34082 swing low. RSI(14) cooled to the low 40s and price now sits below EMA20/50 with the prior range floor at 1.3425 capping any bounce.
Support: 1.34082, 1.3400
Resistance: 1.3425, 1.34351, 1.3443
What it said to watch
M15 close below 1.3400 round number extends the CPI-driven slide
reclaim of 1.3425 range floor neutralises the break
Fed decision + Retail Sales later today could materially shift this read
07:01 UTC
Ranged then breaking lower · RSI 39 · price 1.34131
Range break to the downside.
Cable coiled in a tight 1.3425-1.3431 range through the Asia session before slipping to a 1.34082 session low as early London traded, GBP soft after this morning's CPI miss. Price now sits at 1.34131 below EMA20/50 with RSI(14) near 38, the prior range floor at 1.34307 turning into overhead resistance.
Support: 1.34082, 1.3400, 1.34029
Resistance: 1.34307, 1.3434, 1.3443
What it said to watch
M15 close below 1.34000 confirms a return to broader range trading per UOB
Reclaim of 1.34307 negates the downside break
Fed decision tonight is the dominant risk and could reshape this read
06:46 UTC
Range, late breakdown lower · RSI 40 · price 1.34134
Consolidation near 1.3430 broken to the downside in the last hour.
Cable coiled tight near 1.3430 through the Asian session after London-NY held a 1.3408-1.3443 range; the last hour saw a sharp drop to 1.3413, breaking the consolidation floor. Move fits the soft UK CPI tone, but price is pinned ahead of the Fed tonight.
Support: 1.3408, 1.3400
Resistance: 1.3433, 1.3443
What it said to watch
Reclaim of 1.34330 broken floor would negate the breakdown
Close below 1.34080 range low / 1.3400 psych confirms return to lower range
Fed decision tonight (18:00 UTC) likely overrides this intraday structure
Cable spent the Asian session coiling tightly around 1.3425-1.3430, then sold off into the London open, breaking lower toward the 1.3400 psych pivot after this morning's soft UK CPI. RSI(14) cooled to ~40 as price slipped below EMA20/50; Fed decision tonight is the next catalyst.
Support: 1.3400, 1.3380
Resistance: 1.3435, 1.3443
What it said to watch
M15 close below 1.3400 opens the path to the 1.3380 lower band
Reclaim of 1.3435 session high negates the downside break
FOMC tonight (18:00 UTC) can materially shift this read
06:31 UTC
Range, sharp pullback off top · RSI 42 · price 1.34205
Intraday range broken lower at London open.
Cable spent the prior 24h coiling 1.3425-1.3435 before a sharp drop at the London open dragged price to a 1.3415 session low after the soft UK CPI print (MoM 0.2% vs 0.4% f/c). Now hovering at 1.34205 below EMA20/50 with RSI(14) cooling to ~41; the range top at 1.3430 has capped the bounce.
Support: 1.3415, 1.3400, 1.3380
Resistance: 1.3430, 1.3443
What it said to watch
Close below 1.3400 round number signals return to broader range trading
Reclaim of 1.3430 range top neutralises the pullback
Fed decision tonight (18:00 UTC) could materially shift this read
06:31 UTC
Ranging, late dip after coil · RSI 42 · price 1.34205
Range with a downside sweep on the latest bar.
Cable coiled tightly in a 1.3420–1.3435 band through the Asian session before the latest bar swept down to 1.34151 and recovered to 1.3420, RSI(14) cooling into the low 40s. Soft UK CPI capped the topside earlier; price now sits below EMA20/50 with the range still broadly intact ahead of the Fed.
Support: 1.3415, 1.3400
Resistance: 1.3435, 1.3443
What it said to watch
Fed decision 18:00 UTC could materially shift this read
Close below 1.3415 confirms the sweep as a range break lower toward 1.3400
Close above 1.3435 reopens the 1.3443 session high
Cable spent the Asian session pinned in a tight 1.3425–1.3435 range on thin volume after stalling at the 1.34430 session high. The final bar dipped to 1.34150 and bounced as the UK CPI bundle hit at 06:00 UTC, RSI cooling toward 43; range top at 1.34350 now caps.
Support: 1.3415, 1.3400, 1.3380
Resistance: 1.3435, 1.3443
What it said to watch
Close below 1.34000 round opens the 1.33800 cpi trigger / range floor
Reclaim of 1.34350 range top would re-engage the 1.34430 session high
UK CPI reaction still developing — read may shift sharply over next bars
Tight consolidation, broke session low on last bar.
Cable consolidated 1.3425–1.3435 through the late session before the 06:00 UTC UK CPI bundle sparked a sharp drop on the last bar, wicking to 1.34151 and closing 1.34212 back near the EMA cluster. Price now sits below EMA20/50 after rejecting the 1.3435 session high; the soft-print reaction tilts the intraday tape lower within the broader 1.3380–1.3465 range.
Support: 1.3415, 1.34029
Resistance: 1.3435, 1.3443
What it said to watch
Sustained M15 close below 1.34150 opens the 1.34029 session low
Reclaim of 1.34350 negates the CPI flush and restores the range
CPI follow-through volatility still in play in the next hour
06:01 UTC
Sideways, momentum flat · RSI 54 · price 1.34298
Tight consolidation under 1.3434.
Cable is coiling in a 1.3425–1.3434 range either side of 1.3430 as the UK CPI bundle lands at the session boundary; ATR has compressed to a few pips and RSI sits neutral near 54. The earlier London push tagged 1.3443 before fading, and price has tracked sideways through the Asia hours with no clean directional break.
Support: 1.34245, 1.34063, 1.3380
Resistance: 1.34337, 1.3443
What it said to watch
M15 close above 1.34337 then 1.3443 reopens the upside
Break below 1.34245 exposes the swing low at 1.34063
UK CPI reaction at the open can break this range either way
06:01 UTC
Sideways, range-bound · RSI 53 · price 1.34298
Tight consolidation under session high.
Cable spiked to a 1.34430 session high during London then round-tripped, drifting into a tight 1.34250–1.34330 consolidation through the quiet Asian hours. The UK CPI bundle just hit at 06:00 UTC and could break this coil; price sits mid-range with RSI(14) flat near 53.
Support: 1.3425, 1.3400
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI just released — a soft print can break 1.34250, a hot print targets the 1.34430 session high
M15 close above 1.34330 reopens the session high; close below 1.34250 signals range expansion lower
05:45 UTC
Uptrend stalled, now ranging · RSI 54 · price 1.34297
Tight consolidation under session high.
Cable climbed off 1.3392 through the Asian session to tag 1.3443, then went flat — coiling in a 1.3420–1.3437 band into the UK CPI release. RSI(14) neutral near 54, ATR compressed to ~8 pips ahead of the data.
Support: 1.3420, 1.3400
Resistance: 1.3437, 1.3443
What it said to watch
UK CPI bundle at 06:00 UTC (next bar) likely breaks this range
M15 close above 1.3437 reopens 1.3443 session high
Cable is coiling in a tight 1.3420–1.3443 band after the early-session push to the 1.3443 session high faded. Price holds just above EMA20/50 with RSI(14) mid-range near 55 — no momentum, classic pre-event compression. UK CPI bundle lands 06:00 UTC, ~15 minutes out, and will dictate the break.
Support: 1.3420, 1.3414, 1.3408
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 UTC (~15min) will resolve this range — high-impact
M15 close above 1.3443 opens the path back toward 1.3465
Break below 1.3420 exposes 1.3414 then 1.3408
05:31 UTC
Uptrend stalled into consolidation · RSI 56 · price 1.34312
Tight range near session highs.
Cable ground higher through London-NY then locked into a tight Asian-session coil between 1.3425 and 1.3433, holding above the 1.3420 swing low after the 1.3443 spike round-tripped. RSI(14) flat near 56, ATR compressed to ~18 pips — classic pre-event drift into the 06:00 UTC UK CPI bundle.
Support: 1.3420, 1.3400
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 UTC (~30m away) is the dominant catalyst for the next bars
Close above 1.34430 reopens the move higher; break below 1.34200 confirms a lower-low
Range top 1.34330 — area to watch for rejection or break
Cable spent the Asian session coiled in a tight 1.3425–1.3433 band after London-NY drifted up off the 1.3396 base, with a single spike to 1.3443 round-tripping. Price is grinding the range top into the UK CPI bundle due 06:00 UTC, RSI neutral around 57 and ATR thin at ~7 pips.
Support: 1.3425, 1.34195, 1.3400
Resistance: 1.3433, 1.3443, 1.3465
What it said to watch
UK CPI bundle at 06:00 UTC could break the 1.3425–1.3433 range either way
M15 close above 1.3443 opens the path back toward the 1.3465 cpi level
Loss of 1.3420 floor exposes 1.3411 and the 1.3400 psych
05:16 UTC
Sideways, range-bound · RSI 56 · price 1.34307
Tight consolidation below session high.
Cable spiked to the session high at 1.3443 then coiled into a tight ~8 pip range around 1.3430 through the low-volume Asia session, RSI neutral and ATR compressed to ~3 pips. Price is pinned just under the 1.3433 range top with the 1.3425 floor holding.
Support: 1.3425, 1.3408
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI bundle at 06:00 UTC (~45m out) could break this range either way
Close above 1.3443 session high opens 1.3465
Break below 1.3425 range low exposes the 1.3408 swing low
Consolidation under session high after intraday climb.
Cable climbed from 1.3392 through the London-NY session to tag 1.3443, then drifted into a tight Asian-session range around 1.3430 with RSI(14) cooling to neutral. Price coiling just under the session high as the market waits on UK CPI.
Support: 1.3425, 1.3400
Resistance: 1.3443, 1.3465
What it said to watch
UK CPI bundle at 06:00 UTC (~45m out) is the dominant near-term catalyst for this range
M15 close above 1.3443 reopens the path toward 1.3465
Loss of 1.3425 exposes the 1.3400 round number
05:00 UTC
Flat, coiling into CPI · RSI 54 · price 1.34295
Tight consolidation under session high.
Cable spent the back half of the window grinding sideways in a 1.3420–1.3433 band after tagging a 1.3443 session high, ATR compressing into single digits as the UK CPI bundle approaches. No directional structure in play — price is coiling around EMA20 into the 06:00 UTC print.
Support: 1.3420, 1.33903
Resistance: 1.3443, 1.3465
What it said to watch
UK CPI at 06:00 UTC could break this coil in either direction
M15 close above 1.3443 opens the path to the 1.3465 area
Close below 1.3420 exposes the 1.3390 asia low
05:00 UTC
Uptrend stalling into consolidation · RSI 54 · price 1.34295
Tight range near session highs.
Cable ground up from 1.3390 through London/NY to spike 1.3443, then settled into a tight 1.3425–1.3433 coil through the Asia session. Price is pinned at 1.3430 on minimal volume with RSI(14) neutral — indecisive ahead of the UK CPI bundle.
Support: 1.3425, 1.34145, 1.34029
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI bundle at 06:00 UTC (Core 2.7% YoY f/c) within the next bar — could break the coil either way
M15 close above 1.3433 reopens the 1.3443 spike high
Loss of 1.3425 exposes the 1.3415 swing low
04:46 UTC
Ranging, momentum flat · RSI 53 · price 1.34298
Tight consolidation near session highs.
London-NY pushed Cable to a session high at 1.3443 before it round-tripped into a tight Asia-session coil between 1.3425 and 1.3431, RSI(14) flat near 53. No directional development in the last several hours with the pair pinned around 1.3430.
Support: 1.3425, 1.3407
Resistance: 1.3431, 1.3443
What it said to watch
UK CPI bundle at 06:00 UTC is the dominant risk — a break of the 1.3425-1.3431 coil is likely on the print
M15 close above 1.3443 reopens the session high; close below 1.3425 exposes 1.3407
Cable climbed from 1.3392 to a session high of 1.3443 through London-NY, then drifted into a tight 1.3425-1.3432 coil through the Asian session, RSI flat near 54. Price is pinned at 1.3430 ahead of the UK CPI bundle, no setup in play.
Support: 1.3420, 1.3392
Resistance: 1.3432, 1.3443, 1.3465
What it said to watch
UK CPI bundle at 06:00 UTC (~75min) could materially shift this read
Close above 1.3443 opens the path to 1.3465
Close below 1.3420 breaks the consolidation back toward 1.3392
Cable is coiled around 1.3430 in a thin Asian session after tagging the session high at 1.3443, volume drying up and ATR compressing to a few pips. Price holds above EMA20/50 but momentum is flat ahead of the UK CPI bundle.
Support: 1.3420, 1.3408, 1.3400
Resistance: 1.3443, 1.3465
What it said to watch
UK CPI at 06:00 UTC (~1.5h) likely sets the next directional leg
Close above 1.3443 reopens the 1.3465 level
Break below 1.3420 puts the 1.3408 swing low in play
04:30 UTC
Uptrend stalling, now ranging · RSI 57 · price 1.34309
Tight consolidation under session high after intraday rally.
Cable rallied from 1.3390 through London/NY to a 1.3443 session high, then drifted into a tight Asian-hours coil around 1.3425-1.3431. Price holds above both EMAs with RSI(14) neutral near 57; no fresh impulse since the 1.3443 print.
Support: 1.3425, 1.34029, 1.3400
Resistance: 1.3437, 1.3443, 1.3465
What it said to watch
UK CPI bundle at 06:00 UTC (~1.5h) could break this coil sharply either way
M15 close above 1.3437 swing high reopens 1.3443 session high then 1.3465 range cap
Loss of 1.3425 range low exposes the 1.3403 swing low
04:16 UTC
Uptrend stalled, flat · RSI 52 · price 1.34268
Tight consolidation near session highs.
Cable spiked to 1.3443 during the London-NY session then drifted into a tight 1.3420–1.3433 consolidation through low-volume Asian hours. RSI(14) flat near 52 with price pinned to its EMAs; no directional structure in play ahead of the UK CPI bundle.
Support: 1.3420, 1.3410, 1.3400
Resistance: 1.3433, 1.3443, 1.3465
What it said to watch
UK CPI bundle at 06:00 UTC (~2h out) is the catalyst likely to break this consolidation
M15 close above 1.3433 opens the path to the 1.3465 range top
Break below 1.3420 exposes 1.3410 and the 1.3400 round number
NY session drove cable to 1.3443 before fading, and price has since coiled in a tight 1.3425–1.3431 band through the Asian session. RSI(14) is flat near 51 with volume drying up into the UK CPI bundle due at 06:00 UTC.
Support: 1.3425, 1.3410, 1.3380
Resistance: 1.3431, 1.3443, 1.3465
What it said to watch
UK CPI at 06:00 UTC could break this range either way
M15 close above 1.3443 reopens 1.3465
Close below 1.3425 exposes 1.3410 swing low
04:01 UTC
Uptrend stalling, now ranging · RSI 52 · price 1.34273
Consolidation just below session high.
Cable ran up to 1.3443 during the prior session then settled into a tight 1.3420–1.3433 band through Asia, now flat at 1.34273 with RSI(14) neutral. Two-way grind, no setup in play ahead of the UK CPI bundle.
Support: 1.3420, 1.3400
Resistance: 1.3443, 1.3465
What it said to watch
UK CPI at 06:00 UTC (~2h) is the dominant catalyst and could break this range
M15 close above 1.3443 reopens the 1.3465 area
Loss of 1.3420 exposes the 1.3400 round number
04:00 UTC
Uptrend stalled, now flat · RSI 52 · price 1.34273
Consolidation under session high.
Cable rallied from the 1.3390 session low to a 1.3443 high, then drifted into a tight consolidation around 1.3427 through the quiet Asia hours, RSI(14) flat near 52. Price is pinned just under the 1.3433 cluster ahead of the UK CPI bundle at 06:00 UTC, in line with the indecisive 1.3400-area read.
Support: 1.3425, 1.34029, 1.33903
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 UTC could break the 1.3425-1.3433 range materially
Close above 1.3433 reopens the 1.3443 session high
Loss of 1.3425 exposes the 1.3403 swing low
03:46 UTC
Uptrend stalled, now flat · RSI 51 · price 1.34269
Tight consolidation near session highs.
London/NY drove Cable up to a session high at 1.3443 before it stalled; Asia hours have ground out a tight 1.3425–1.3433 range on thin volume, RSI flat near 50. Doji-like indecision into the UK CPI bundle.
Support: 1.3425, 1.3407, 1.3392
Resistance: 1.3433, 1.3443, 1.3465
What it said to watch
UK CPI at 06:00 UTC (~2h out) is the dominant catalyst for this read
M15 close above 1.3443 reopens the path to 1.3465
Break below 1.3425 range floor exposes 1.3407
03:46 UTC
Uptrend stalled, now flat · RSI 53 · price 1.34269
Consolidation under session high.
Cable is coiling in a tight 1.3425–1.3433 band through the Asia session after London/NY drove it to a 1.3443 high; volume has thinned and RSI(14) sits mid-range, no momentum. Price is pinned near 1.3400-handle territory ahead of the UK CPI bundle.
Support: 1.3425, 1.34075, 1.33908
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 UTC (~2h out) could break this consolidation either way
M15 close above 1.3443 reopens the upside; loss of 1.3425 exposes 1.3407
03:31 UTC
Ranging, momentum flat · RSI 49 · price 1.34263
Tight consolidation near session highs.
Cable is coiling in a tight 1.3425–1.3433 band through the Asian session, pinned just below the 1.3443 swing high after a steady London/NY grind higher. RSI(14) is neutral near 49 and ATR has compressed to ~4 pips, reflecting a market parked ahead of the UK CPI bundle.
Support: 1.3425, 1.3415, 1.3404
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 UTC (~2.5h out) is the dominant catalyst and could break this range either way
M15 close above 1.3433 reopens the 1.3443 swing high
Loss of 1.3425 exposes the 1.3415 swing low
03:30 UTC
Uptrend stalling, now flat · RSI 53 · price 1.34263
Tight consolidation near session highs.
Cable ground higher through the London-NY session to a 1.3443 print, then coiled into a tight 1.3420-1.3433 band through Asia hours, RSI flat near 53. No directional development on this TF — price is pinned just under the session high into the UK CPI release.
Support: 1.3420, 1.3400
Resistance: 1.3433, 1.3443
What it said to watch
M15 close above 1.3433 reopens the 1.3443 prior high
Loss of 1.3420 swing low exposes the 1.3400 round number
UK CPI at 06:00 UTC can break this consolidation either way
03:16 UTC
Uptrend stalling, now ranging · RSI 46 · price 1.34257
Tight Asia range after NY push.
Cable rallied through London/NY to a 1.3443 session high before drifting into a tight Asia range between 1.3420 and 1.3433, RSI(14) flat near 46. Indecisive and event-driven into the UK CPI bundle, with the prior swing low at 1.3392 marking the deeper floor.
Support: 1.3420, 1.3392
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 UTC could break the 1.3420–1.3433 range
M15 close above 1.3443 reopens the upside; loss of 1.3420 exposes 1.3392
Cable is ranging 1.3424–1.3431 through the Asia session after NY pushed to a session high at 1.3443 then faded. Momentum is flat with RSI(14) near 50 and price pinned to its EMA20/50 cluster — indecision into the UK CPI bundle.
Support: 1.3424, 1.3414, 1.34075
Resistance: 1.3431, 1.3443
What it said to watch
UK CPI bundle at 06:00 UTC (~3h) can break this range either way
M15 close below 1.3424 opens 1.3414 swing low
Reclaim of 1.3431 puts the 1.3443 session high back in play
03:01 UTC
Uptrend stalled, now ranging · RSI 52 · price 1.34278
Consolidation after NY rally peak.
Cable rallied through London-NY to a 1.3443 peak then round-tripped into a tight 1.3425-1.3433 Asian-session band, RSI(14) flat near 52 and ATR thinned to ~4 pips. Demand has held the 1.3425 floor repeatedly while supply caps at 1.3433; no setup in play, market coiling into the UK CPI print.
Support: 1.3425, 1.3408
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 UTC (~3h out) is the dominant near-term catalyst
M15 close above 1.3433 reopens the 1.3443 swing high
Cable rallied through the prior NY session from 1.3390 to a 1.3443 day high, then consolidated in a tight 1.3425-1.3433 band through the Asia session. Thin early-Asia volume and a neutral RSI(14) near 54 reflect indecision ahead of the UK CPI bundle.
Support: 1.3425, 1.3415, 1.3390
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 UTC could materially shift this read
M15 close above 1.3443 day high opens the path higher
Loss of 1.3425 range low exposes the 1.3415 swing low
02:46 UTC
Uptrend stalling into consolidation · RSI 53 · price 1.34296
Tight Asian range under NY high.
Cable rallied from 1.3390 through London into NY, peaking at 1.3443, then drifted into a tight 1.3425-1.3433 Asian range with ATR compressed to ~4 pips. RSI(14) is neutral near 53 and volume thinned overnight; price is coiling just under the NY high ahead of UK CPI.
Support: 1.3425, 1.34115, 1.34029
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI in ~4h (06:00 GMT) likely breaks this compression
M15 close above 1.3443 reopens the path toward 1.3465
Loss of 1.3425 returns price into the 1.3410/1.3403 area
02:46 UTC
Uptrend stalling into consolidation · RSI 53 · price 1.34296
Range-bound near session highs after intraday rally.
Cable rallied off 1.3392 through London-NY before flattening into a tight 1.3421-1.3433 band during the Asia session, RSI(14) neutral near 53. Price is holding above EMA20/50 but momentum has drained ahead of UK CPI.
Support: 1.3421, 1.34005
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI in ~4h could break this consolidation either way
Cable drifted into a tight Asian-session range around 1.3427 after tagging the session high at 1.3443, with volume thinning and RSI(14) neutral near 52. Price is balancing between 1.3420 support and the 1.3432 cap — no setup in play.
Support: 1.3420, 1.3406
Resistance: 1.3432, 1.3443
What it said to watch
Close above 1.34320 reopens the 1.34430 session high
Tight range below session high after London-NY push.
Cable spiked to a 1.34430 session high during the London-NY window then settled into a tight 1.3420-1.3433 range, RSI(14) flat near 51. Price is treading water around 1.3426 with the range top respected and dip-buyers absorbing at 1.3420.
Support: 1.3420, 1.34117, 1.33908
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 GMT (~4h) could break this range either way
M15 close above 1.34330 reopens the 1.34430 session high
Loss of 1.34200 confirms a lower-low and exits the range
02:16 UTC
Uptrend stalling into consolidation · RSI 52 · price 1.34255
Ranging near session highs after a leg up.
Cable ran from 1.3391 to 1.3443 through the prior session, then settled into a tight Asian-session range between 1.3424 and 1.3433, holding the 0.382 fib of that move. Price is glancing off the range low at 1.34255 with RSI flat near 52 — no momentum either way.
Support: 1.3424, 1.3410, 1.3400
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 GMT (~4h) is the dominant near-term catalyst and could break this range
M15 close above 1.3433 reopens the 1.3443 swing high
Loss of 1.3424 exposes the 1.3410 prior swing
02:16 UTC
Sideways, momentum flat · RSI 47 · price 1.34255
Tight range under session high.
Cable is grinding a tight 1.3424–1.3433 band through the Asia session after stalling at the 1.3443 session high. RSI(14) sits neutral near 47 and price has slipped to the range floor at 1.34255, holding just under EMA20/50 with no setup in play.
Support: 1.3424, 1.3420, 1.33908
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI in ~4h could break the 1.3424–1.3433 range either way
M15 close above 1.3433 reopens the 1.3443 session high
Loss of 1.3424 exposes 1.3420 and the broader range
Consolidating near session highs after rally off 1.3390.
Cable ground up from 1.3390 into 1.3443 through the prior session and is now coiling in a tight 1.3428–1.3433 band in early Asia hours, RSI(14) neutral near 56. Buyers held the 1.3428 base on the latest dips but supply at 1.3433 is capping for now.
Support: 1.3428, 1.34075, 1.33908
Resistance: 1.3433, 1.3443
What it said to watch
M15 close above 1.34330 reopens the 1.34430 session high
Cable ground up through London-NY to a 1.3443 session high then settled into a tight 1.3424-1.3434 band, holding near the top with thin Asia-session volume. RSI(14) mid-range, no momentum extreme — price coiling ahead of UK CPI.
Support: 1.3424, 1.3415, 1.3392
Resistance: 1.3434, 1.3443
What it said to watch
UK CPI at 06:00 GMT (~4h) is the dominant catalyst and can break this range either way
Close above 1.3434 reopens the 1.3443 session high
Loss of 1.3424 exposes 1.3415 and the wider range
01:46 UTC
Uptrend, momentum flat · RSI 55 · price 1.34287
Tight consolidation near session highs.
Cable ground higher through London-NY to tap 1.3443 before settling into a tight Asian-session consolidation between 1.3424 and 1.3433. Volume thinned to near-nothing on the last bars, RSI(14) mid-range — price parked at highs ahead of UK CPI.
Support: 1.3424, 1.3415, 1.3390
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI 06:00 UTC is the dominant near-term catalyst and could break this range
M15 close above 1.3433 reopens the path to the 1.3443 swing high
Close below 1.3424 breaks the consolidation floor toward 1.3415
Consolidating near session highs after grind up from 1.3390.
Cable ground up from 1.3390 to a 1.3443 session high before settling into a tight consolidation around 1.3429 through the quiet Asian session, RSI(14) cooling to neutral. Price holds above EMA20/50 but volume has thinned and the high cluster at 1.3431 caps for now.
Support: 1.34245, 1.34075, 1.33908
Resistance: 1.34315, 1.3443
What it said to watch
UK CPI Wed 06:00 UTC and FOMC Thu are the dominant catalysts and could break this consolidation
Close above 1.3443 opens the path back toward the 1.3465 resistance band
Failure to hold 1.34245 exposes the 1.34075 swing low
Consolidating just under session high after grind off 1.3390.
Asia session is treading water in a tight 1.3424–1.3433 band after London/NY ground Cable up from the 1.3390 low. RSI(14) neutral near 55 and ATR compressed, with traders parked ahead of UK CPI and the FOMC.
Support: 1.34244, 1.34191, 1.3397
Resistance: 1.34333, 1.3443
What it said to watch
Close above 1.34333 reopens the 1.34430 swing high
Loss of 1.34244 exposes the 1.34191 swing low
UK CPI 06:00 UTC and FOMC later are the dominant catalysts for this read
Cable ground higher off the 1.3390 session low to tag 1.3443, then settled into a tight 1.3424-1.3433 band through Asia hours on thinning volume. RSI(14) cooling to the mid-50s as the grind flattens just under the session high.
Support: 1.3424, 1.34029, 1.33903
Resistance: 1.3433, 1.3443
What it said to watch
UK CPI at 06:00 UTC could materially shift this read
M15 close above 1.3433 reopens the 1.3443 session high
London/NY drove Cable up from 1.3392 to a 1.3443 session high before pulling back; Asia session is now consolidating 1.3420–1.3432 just under that high. RSI(14) is neutral near 56 and ATR has compressed to ~8 pips with the pair parked ahead of UK CPI.
Support: 1.3421, 1.3400
Resistance: 1.3432, 1.3443
What it said to watch
Break above 1.3432 range top reopens 1.3443 session high
M15 close below 1.3420 range low signals deeper retrace toward 1.3400 psych
UK CPI at 06:00 UTC could materially shift this read
Cable ground higher from the 1.3391 session low through London/NY to a 1.3443 high, then settled into a tight 1.3424–1.3431 Asian-session range with thin volume. RSI(14) mid-range and price holding above EMA20/50, but no expansion as traders park ahead of UK CPI.
Support: 1.3424, 1.3409, 1.33908
Resistance: 1.3431, 1.3443
What it said to watch
UK CPI at 06:00 UTC could break this consolidation in either direction
Close above 1.3443 reopens the upside toward 1.3465
Close below 1.3424 returns price into the broader 1.3391–1.3443 range
NY session pushed Cable to 1.3443 before fading, and the Asian session has gone quiet, drifting in a tight 1.3420–1.3435 band on thin volume and 4-pip ATR. Price holds above EMA20/50 but momentum is flat into the UK CPI release.
Support: 1.3420, 1.3390
Resistance: 1.3443, 1.3465
What it said to watch
UK CPI at 06:00 UTC (~5h) likely breaks the Asian consolidation
Close above 1.3443 opens the 1.3465/1.3490 resistance band
Break below 1.3420 returns price toward the 1.3390 session low
Consolidation below session high after rally off 1.3392.
Cable rallied from the 1.3392 swing low to a 1.3443 session high through the prior session, then drifted into a tight Asian-hours range around 1.3430 on thin volume. RSI(14) is neutral near 55 and price holds above both EMAs; no setup in play with the market parked ahead of UK CPI.
Support: 1.3421, 1.3411, 1.3392
Resistance: 1.3431, 1.3443
What it said to watch
Close above 1.3443 opens the path toward the 1.3465 resistance band
Failure to hold 1.3421 exposes 1.3411 then the 1.3392 swing low
UK CPI at 06:00 UTC is the dominant near-term catalyst and could break this range
00:46 UTC
Uptrend stalling, now flat · RSI 55 · price 1.34303
Consolidation near session highs.
Cable rallied through NY hours to a 1.3443 session high, then drifted into a tight Asian-session range around 1.3430 on thin volume. RSI(14) neutral near 55 and price holding above EMA20/50 — no setup in play, just a coil into the UK CPI/FOMC double-header.
Consolidating near session highs after London-NY leg up.
London-NY pushed Cable off the 1.33908 session low up to 1.34430 before fading into a tight Asian-session range around 1.3425-1.3432, volume thinning sharply. Price sits at 1.34303, no setup in play with the market parked ahead of UK CPI.
Support: 1.3424, 1.34075, 1.33908
Resistance: 1.3443, 1.3432
What it said to watch
UK CPI at 06:00 UTC is the dominant near-term catalyst for this range
Close above 1.34430 swing high reopens the upside
Break below 1.34240 range floor signals a return toward the swing low
NY drove Cable to a 1.3443 session high before it faded to 1.3421; price has since ground sideways 1.3425-1.3430 through a thin Asian session with RSI(14) neutral near 55. Sitting just under the session high with no setup in play ahead of UK CPI.
Support: 1.3420, 1.3392
Resistance: 1.3443, 1.3465
What it said to watch
M15 close above 1.3443 opens the 1.3465 range top
Failure to hold 1.3420 confirms rejection of the session high
UK CPI 06:00 UTC could break this range either side
Cable rallied through NY to a session high at 1.3443, then consolidated 1.3420–1.3430 through the Asian session, holding near the range top with RSI(14) neutral. No setup in play while it grinds sideways under 1.3430.
Support: 1.3420, 1.3413, 1.3392
Resistance: 1.3430, 1.3443
What it said to watch
Break above 1.3430 reopens the 1.3443 session high
Loss of 1.3420 asian low signals deeper pullback toward 1.3413
UK CPI Wed 06:00 UTC could break this range either way
00:16 UTC
Uptrend stalling, now ranging · RSI 48 · price 1.34247
Consolidation in upper range after rally to 1.3443.
Cable rallied through the NY session to a 1.3443 session high, then drifted into a tight consolidation around 1.3425 as Asian-hours volume thinned. Price now hugs the lower edge of that range, sitting just under EMA20 with RSI flat near 48 — no directional setup in play.
Support: 1.3420, 1.34145, 1.3400
Resistance: 1.34306, 1.3443
What it said to watch
Loss of 1.34200 opens a retest of the 1.34145 swing low
M15 close above 1.34306 puts the 1.3443 session high back in range
UK CPI at 06:00 UTC (~6h) and FOMC later could override this intraday read
NY session drove Cable up to 1.3443 before fading into a tight 1.3420–1.3430 consolidation through the quiet Asia session. RSI(14) neutral near 47, volume thin into the close; price coiling just below the range top.
Support: 1.3420, 1.3400
Resistance: 1.3430, 1.3443
What it said to watch
M15 close above 1.3430 reopens the 1.3443 ny high
Loss of 1.3420 asia low exposes the 1.3400 psych level
UK CPI 06:00 UTC and FOMC later today can break this range
GBPUSD is coiled in a tight 1.3420–1.3431 range through the quiet Asia session after NY drove price to a swing high at 1.3443. RSI(14) is neutral near 55 and ATR has compressed to a few pips. UK CPI at 06:00 UTC is the next catalyst into this flat range.
Support: 1.3420, 1.3392
Resistance: 1.3431, 1.3443
What it said to watch
close above 1.3431 range top reopens the 1.3443 swing high
break below 1.3420 range floor exposes session low 1.3392
NY session drove Cable from 1.3392 up to a 1.3443 session high before fading into a tight Asian-session coil around 1.3425-1.3430. Volume and ranges have collapsed (ATR ~4 pips), with price parked just under the 1.34306 range top ahead of UK CPI.
Support: 1.3421, 1.3400, 1.3392
Resistance: 1.34306, 1.3443
What it said to watch
UK CPI at 06:00 UTC is the immediate catalyst for this coil
A close above 1.34306 reopens the 1.34430 session high