GBP/USD AI Live Scan, 15-minute chart, Wednesday, 22 July 2026
Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:46 UTC
Sideways, momentum flat · RSI 47 · price 1.33729
Range-bound in Asian hours.
Quiet Asian-session drift, GBPUSD ranging 1.3368-1.3376 after fading a push to 1.3390. Sterling stays pinned below the 1.3400 cap following soft UK CPI; volume is thin and RSI sits neutral near 47.
Support: 1.3368, 1.33547
Resistance: 1.3376, 1.33906, 1.3400
What it said to watch
M15 close above 1.3376 session high opens a retest of the 1.3390 prior high
Failure to hold 1.3368 session low exposes the 1.3355 swing low
UK GfK Consumer Confidence (Thu 23:01 GMT) and Fri Retail Sales/PMIs are the near-term GBP catalysts
23:46 UTC
Sideways, momentum flat · RSI 50 · price 1.33729
Tight consolidation into late session.
GBPUSD pinned sub-1.3400 after yesterday's soft UK headline CPI, drifting in a tight 1.3367–1.3376 range through the thin late/Asia hours. RSI(14) sits neutral near 50 with volume drying up; no directional setup in play.
Support: 1.33674, 1.33547
Resistance: 1.3376, 1.3390, 1.3400
What it said to watch
Break above 1.3376 range top opens a retest of 1.3390 prior high
Loss of 1.33674 session low exposes the 1.33547 swing low
GfK Consumer Confidence Thu 23:01 GMT could inject the next GBP move
23:32 UTC
Sideways, drifting off highs · RSI 47 · price 1.33724
Asia-session range after fading the 1.3390 high.
GBPUSD is grinding sideways near 1.3372 in a thin Asia session after London-NY rejected the 1.3390 day high and left price capped below 1.3400 on soft UK CPI. Sitting on the 50% retrace of the 1.3355-1.3390 leg; last few bars are near-flat on minimal volume.
Support: 1.33656, 1.33547
Resistance: 1.3376, 1.33906
What it said to watch
M15 close below 1.33656 swing low reopens the 1.33547 session low
Reclaim of the 1.3376 session high needed to challenge the 1.33906 day high
UK Retail Sales Fri 06:00 GMT is the next major GBP catalyst
23:31 UTC
Ranging, momentum flat · RSI 52 · price 1.33724
Consolidation mid-range after intraday swings.
Quiet late/Asian session with GBPUSD coiling around 1.3372, sitting near the 50% retrace of the 1.33547–1.33904 swing. Cable remains pinned below the 1.3400 pivot after this week's soft UK CPI kept BoE on a wait-and-see path; no directional structure in play right now.
Support: 1.3368, 1.33547
Resistance: 1.3376, 1.33904, 1.3400
What it said to watch
M15 close above 1.33760 targets the 1.33904 swing high
Loss of 1.33680 opens a retest of the 1.33547 session low
Fri 06:00 GMT UK Retail Sales could break the range decisively
23:17 UTC
Sideways, momentum flat · RSI 48 · price 1.33722
Intraday range, low volatility.
Asia session grinding in a tight range between the 1.33674 session low and 1.33769 session high after the London rejection at the 1.33906 prior high and the dip to the 1.33547 swing low. RSI(14) neutral near 48, ATR compressed to ~5 pips on thin late-session flow; GBP stays pinned below 1.3400 after soft UK CPI.
Support: 1.33674, 1.33547
Resistance: 1.33769, 1.33906
What it said to watch
M15 close above 1.33769 reopens the 1.33906 prior high
Failure to hold 1.33674 exposes the 1.33547 swing low
UK GfK confidence (23:01 GMT) and Fri retail sales/PMIs are the near-term GBP catalysts
23:17 UTC
Sideways, momentum flat · RSI 50 · price 1.33722
Consolidation after rally faded.
GBPUSD is coiling in a tight 1.3368-1.3376 band through the quiet late-Asian hours after the earlier rally to the 1.3390 session high faded and rolled back over. Price sits mid-range near the 50% retrace of the 1.3355-to-1.3390 leg with RSI flat around 49; nothing structural in play, volume thin.
Support: 1.33677, 1.33547
Resistance: 1.33769, 1.33906
What it said to watch
M15 close above 1.33769 reopens the 1.3390 session high
Loss of 1.33677 exposes the 1.33547 swing low
UK Retail Sales Fri 06:00 GMT and flash PMIs are the next catalysts for this pair
NY pushed to 1.3390 before fading, and price has since coiled into a thin Asian range around 1.3368–1.3376 on collapsing volume. RSI(14) sits mid-range near 46 with no momentum extreme; price hovers just under EMA20/50.
Support: 1.33656, 1.33547
Resistance: 1.33765, 1.33906
What it said to watch
GfK Consumer Confidence (23:01 GMT) and Fri 06:00 GMT UK Retail Sales are the next GBP catalysts
Break below 1.33656 swing low reopens the 1.33547 session low
Reclaim of 1.33765 session high needed to challenge the 1.33906 prior high
23:01 UTC
Downtrend cooling into range · RSI 44 · price 1.33711
Ranging in lower third of session range.
Quiet Asia session, GBPUSD drifting in the lower third of the range after fading the 1.3390 session high; RSI(14) mid-40s with thin volume. Price hugging 1.3371 below EMA20/50, session low at 1.3366 holding so far.
Support: 1.3366, 1.33547
Resistance: 1.3376, 1.33904
What it said to watch
Break of 1.3366 session low exposes the 1.3355 swing low
Reclaim of 1.3376 needed to re-test the 1.3390 session high
UK Retail Sales Fri 06:00 GMT and PMIs 08:30 GMT are the key GBP catalysts
22:47 UTC
Range, drifting lower · RSI 42 · price 1.33681
Consolidation off session high, pressing lows.
Quiet late-Asia session grinding lower toward 1.33655 after rejection at the 1.33906 session high; cable stays heavy sub-1.3400 in the wake of the soft UK CPI print. Momentum flat with RSI(14) mid-40s and thin volume into the close.
Support: 1.33655, 1.33547
Resistance: 1.3376, 1.33906, 1.33951
What it said to watch
Close below 1.33547 confirms a fresh lower low and opens the weekly-low zone
Reclaim of 1.33760 would neutralise the downward drift
UK Retail Sales Fri 06:00 UTC could materially shift this read
Lower highs off session high, tight late-session range.
Cable slid off the 1.33906 session high and has stalled around 1.3368, sitting on the 61.8% retrace of that up-leg with GBP heavy after the softer UK CPI print. Late-session volume is thin and price is coiling in a 1.3368-1.3376 band under EMA20/50.
Support: 1.33547, 1.33632
Resistance: 1.33769, 1.33906
What it said to watch
M15 close below 1.33547 confirms a fresh lower low
Reclaim of 1.33769 would break the lower-high sequence
UK Retail Sales/PMIs Fri could materially shift this read
22:32 UTC
Range, drifting lower · RSI 42 · price 1.33692
Consolidation in lower half of session range.
Cable stayed heavy sub-1.3400 after yesterday's soft UK CPI, chopping between 1.33656 and 1.33760 through the NY-Asia handover on thinning volume. The 1.33906 session high was rejected earlier and price has drifted back toward the lower band, RSI(14) mid-40s with no momentum.
Support: 1.33656, 1.33547
Resistance: 1.3376, 1.33906
What it said to watch
Close below 1.33656 opens the path back to 1.33547
Reclaim of 1.33760 needed to shift out of the lower range
Thin rollover volume — Friday UK Retail Sales/PMIs the next real catalyst
22:31 UTC
Downtrend easing into consolidation · RSI 43 · price 1.33692
Faded from session high, holding near range lows.
Cable spiked to a session high 1.33906 during NY hours then faded, settling into a tight 1.33680–1.33760 band as volume thinned into Asia. Price is pinned around the 61.8% retrace of the 1.33547–1.33906 leg with RSI mid-range; GBP stays heavy after yesterday's soft UK CPI.
Support: 1.33656, 1.33547
Resistance: 1.3376, 1.33906
What it said to watch
M15 close below 1.33656 reopens the 1.33547 session low
Reclaim of 1.33760 would neutralise the fade from the session high
UK Retail Sales (Fri 06:00 UTC) could break this quiet range
22:16 UTC
Range, drifting lower in Asia · RSI 44 · price 1.33699
Consolidation below London range mid.
London swept down to 1.33547 then rebounded to 1.33900 before fading; price now consolidating sub-1.3370 on thin Asia volume with GBP heavy after soft UK CPI. RSI(14) mid-40s, price under both EMAs — no directional impulse into the Asia session.
Support: 1.3366, 1.33547
Resistance: 1.3376, 1.3390
What it said to watch
M15 close below 1.33547 session low opens the path toward the weekly lows
Reclaim of 1.33760 asia high needed to re-engage the London range top near 1.33900
Cable slipped from the 1.33760 session high into thin Asia hours, sitting at 1.33699 below both EMAs, GBP still heavy after yesterday's soft UK CPI. Range confined to roughly 1.33547–1.33760 with no fresh momentum, RSI(14) mid-40s.
Support: 1.33656, 1.33547
Resistance: 1.3376
What it said to watch
M15 close below 1.33547 session low reopens downside toward the weekly base
Reclaim of 1.33760 session high negates the soft drift
UK Retail Sales Fri 06:00 UTC could materially shift this read
Cable is coiling in a tight 1.3368–1.3377 band through the late session, holding just above the session low after London/NY drove it off the 1.3390 area — GBP stays heavy sub-1.3400 following the soft UK CPI print. RSI(14) neutral near 46 with volume thinning into the rollover; no setup in play.
Support: 1.33677, 1.33547
Resistance: 1.33769, 1.33906
What it said to watch
M15 close below 1.33677 opens a retest of the 1.33547 swing low
Reclaim of 1.33769 needed to challenge the 1.33906 bounce high
UK Retail Sales & S&P PMIs Fri could break this range
Cable is coiling 1.3366-1.3376 into the Asia open on thin volume, holding heavy sub-1.3400 after yesterday's softer UK CPI trimmed BoE bets. NY faded the push to 1.3390 back into range and the spike low at 1.3355 was quickly recovered; RSI(14) sits mid-range with no momentum in play.
Support: 1.33656, 1.33547
Resistance: 1.33765, 1.33906, 1.33951
What it said to watch
Close above 1.33765 reopens the 1.33906 session pivot
Loss of 1.33656 exposes the 1.33547 swing low
UK GfK Consumer Confidence (~1h) and Fri Retail Sales/PMIs could break this range
21:47 UTC
Range, drifting lower in thin Asia trade · RSI 44 · price 1.33714
Consolidation below 1.3390 after intraday rejection.
Cable rejected 1.3390 during the NY session and has since drifted into a thin Asia-hours range around 1.3366-1.3376, GBP heavy sub-1.3400 after yesterday's soft UK CPI. Price sits just under EMA20/50 with RSI(14) mid-40s; no clean setup in play on very low volume.
Support: 1.3366, 1.3355
Resistance: 1.3383, 1.3390
What it said to watch
M15 close below 1.3355 confirms a lower-low toward the 1.3140 zone
Reclaim of 1.3383 (50d ema) neutralises the near-term drag
Friday UK Retail Sales/PMIs could materially shift this read
21:46 UTC
Range, drifting to lows · RSI 44 · price 1.33714
Ranging sub-1.3400, testing lower band.
Cable ranging 1.3355–1.3395 sub-1.3400, staying heavy after yesterday's soft UK CPI. Late-NY drift has taken price back toward the range lows on thin volume, RSI(14) cooling to the low-40s with no session breakout in play.
Support: 1.33633, 1.33547
Resistance: 1.33906, 1.33951
What it said to watch
Loss of 1.3355 confirms a lower-low and opens the path toward the 1.3140 low zone
M15 close above 1.3395 invalidates the range-low pressure
UK Retail Sales (Fri 06:00 UTC) and S&P PMIs could materially shift this read
Consolidating below session highs after bounce faded.
Cable slid below 1.3400 on the softer UK CPI print, tagged a session low at 1.33547 before a NY bounce stalled at 1.33904 and faded. Now drifting in a thin, late-session range around 1.3370 with volume drying up; RSI(14) near 41, no setup in play.
Support: 1.3366, 1.33547
Resistance: 1.3376, 1.33904, 1.3400
What it said to watch
M15 close above 1.33904 reopens the 1.3400 pivot
Break below 1.33547 confirms a fresh lower-low
Fri UK Retail Sales / PMIs are the week's key GBP catalyst
21:31 UTC
Downtrend fading into range · RSI 45 · price 1.33699
Late-session consolidation below session high.
Cable swept the 1.33547 swing low during NY hours then rebounded to a session high at 1.33906 before fading back to 1.3370. Price is now in thin late-session consolidation along the 1.33660 range floor, staying capped well below 1.3400 after the soft UK CPI print.
Support: 1.3366, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
M15 close below 1.33547 confirms a fresh lower low
Reclaim of 1.33906 session high needed to reopen upside
Friday UK Retail Sales / PMIs are the week's key GBP catalyst
Cable pinned below 1.3400 after yesterday's soft UK CPI, drifting in a tight 1.3370–1.3377 band through the NY-close hours with RSI(14) neutral near 47. Volume has drained to near-nothing into the session close; wider intraday range 1.3355–1.3390 still intact.
Support: 1.3370, 1.33547
Resistance: 1.33769, 1.33906
What it said to watch
M15 close above 1.3377 reopens the 1.3390 session high
Break below 1.3355 confirms a lower-low toward the fade
Friday UK Retail Sales / PMIs are the week's key GBP catalysts
Cable is coiling near 1.3371 into the Asia open after London/NY chop, capped below the 1.3390 swing high and holding above the 1.3369 recent low. Softer UK CPI yesterday keeps GBP pinned sub-1.3400; volume has drained on the last few bars with no active setup in play.
Support: 1.3369, 1.33547
Resistance: 1.3390, 1.33765
What it said to watch
M15 close above 1.3390 reopens the path toward 1.3395
Break below 1.33547 swing low confirms a lower-low
Fri UK Retail Sales / PMIs are the week's key GBP catalyst
Cable is grinding a tight 1.3370–1.3376 range into the late NY/Asia transition after choppy London-NY hours, still pinned below the 1.3400 pivot on the softer UK CPI print. RSI(14) sits neutral near 54 with volume thinning as the session winds down.
Support: 1.33656, 1.33547
Resistance: 1.33795, 1.33906, 1.3400
What it said to watch
M15 close above 1.33795 opens the path back to the 1.33906 session high
Loss of 1.33656 exposes the 1.33547 session low
Fri UK Retail Sales / PMIs are the week's key GBP catalyst and could break this range
21:01 UTC
Range, mild drift higher into Asia · RSI 54 · price 1.33749
Consolidation below 1.3400 pivot.
Cable pinned sub-1.3400 after yesterday's soft UK CPI, ranging roughly 1.3355-1.3391 across London-NY before compressing into a tight late-NY/Asia drift near 1.3375. Buyers stepped in at 1.3355 and the recent 1.3368 floor has held; RSI(14) neutral around 54, no setup in play.
Support: 1.33683, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
M15 close above 1.3400 pivot would break the range top
Failure to hold 1.3368 reopens the 1.3355 swing low
Fri UK Retail Sales / PMIs are the key GBP catalyst ahead
Consolidation into late NY after session-low bounce.
Cable is coiling in a tight 1.3368-1.3376 band into the late NY close, having recovered off the session low at 1.3355. Soft UK CPI keeps price pinned below the 1.3400 pivot; ATR has compressed to ~10 pips as volatility drains ahead of Asia.
Support: 1.33683, 1.33547
Resistance: 1.3379, 1.33906, 1.3400
What it said to watch
M15 close above 1.3379 opens the path to session high 1.3390 and the 1.3400 pivot
Break below 1.3368 exposes the session low at 1.3355
Fri UK Retail Sales / PMIs are the week's key GBP catalysts, later in the session
Cable is coiling in a tight 1.3370–1.3377 range through the late-NY session on thin volume, holding just above EMA20/50. The earlier London slide bottomed at 1.33547 before a recovery bounce; since then price has flatlined near 1.3375 with softer UK CPI keeping the pair pinned below the 1.3400 pivot.
Support: 1.33703, 1.33656, 1.33547
Resistance: 1.33769, 1.33906, 1.33951
What it said to watch
M15 close above 1.33769 opens the path back toward the 1.33906 swing high
Loss of 1.33703 exposes 1.33656 and the 1.33547 session low
Fri UK Retail Sales / PMIs are the week's GBP catalyst and could break this range
Cable is ranging 1.3368-1.3390 below the 1.3400 pivot, capped after the softer UK CPI print kept BoE hike bets trimmed. Late-NY volume has thinned to a crawl with RSI neutral near 52; price is coiling around the mid of the earlier 1.3355-1.3390 swing.
Support: 1.3368, 1.3355
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3390 reopens the 1.3400 pivot
Loss of 1.3368 targets the 1.3355 swing low
Fri UK Retail Sales / PMIs are the week's key GBP catalyst
Cable snapped back off the 1.3355 session low into the NY session and has since gone flat, coiling in a tight 1.3367–1.3376 band. Supply capped the bounce at 1.3390; sterling stays heavy sub-1.3400 after yesterday's soft UK CPI miss. Late-session volume is thin.
Support: 1.3367, 1.3355
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3390 opens the path to the 1.3400 pivot
Failure to hold 1.3355 confirms a lower low and extends the fade
Fri UK Retail Sales / PMIs are the week's key GBP catalyst
Cable coiled into a tight 1.3370–1.3376 range through the late NY session, pinned below the 1.3400 pivot after yesterday's softer UK CPI. RSI(14) sits flat near 50 with ATR compressed to ~5 pips — no setup in play.
Support: 1.33683, 1.33547
Resistance: 1.3380, 1.33908, 1.3400
What it said to watch
M15 close above 1.3400 pivot invalidates the capped-below read
Break below 1.33683 opens the 1.33547 day low
Fri UK Retail Sales / PMIs are the week's key GBP catalyst
Cable faded from the 1.3390 session high through NY and has spent the last several hours coiling in a tight 1.3370–1.3380 band, RSI(14) neutral near 53. Softer UK CPI keeps price pinned sub-1.3400 with no active setup in play.
Support: 1.3370, 1.33547, 1.3363
Resistance: 1.3380, 1.33904, 1.3400
What it said to watch
Close above 1.3380 targets the 1.33904 session high, then 1.3400 pivot
Loss of the 1.3370 range floor exposes the 1.33547 swing low
Fri UK Retail Sales / PMIs are the near catalysts and could break this range
Late NY session has cable grinding into a tight 1.3368-1.3376 band after the drop to a session low at 1.3355 was bought back to 1.3390. Price stays capped well below 1.3400, consistent with the softer UK CPI backdrop; RSI(14) neutral near 47 with volume drained into the close.
Support: 1.3368, 1.3355
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3390 range top reopens 1.3400 psych level
Loss of 1.3368 range low exposes the 1.3355 session low
Fri UK Retail Sales / PMIs are the next GBP catalyst
20:01 UTC
Downtrend faded to flat · RSI 48 · price 1.33733
Tight consolidation below session high.
Cable faded from the 1.33900 session high back into a tight 1.3366-1.3375 range through late Asia hours, RSI(14) flat near neutral. Price is pinned below the 1.3400 pivot noted in the GBP softer-CPI read, with volume drying up into the session close.
Support: 1.3365, 1.33547
Resistance: 1.3379, 1.3390, 1.3400
What it said to watch
Close above 1.33790 minor and then 1.3400 pivot would end the flat read
Break below 1.33650 swing low reopens the 1.33547 session low
GfK consumer confidence (Thu 23:01 UTC) could stir the range
Consolidation in low 1.3370s after London flush and recovery.
Cable is coiling in a tight 1.3369-1.3379 band into the late NY session after London swept down to 1.33547 and recovered near-fully to 1.33906. RSI(14) sits neutral around 48 with ATR compressed to ~5 pips; sub-1.3400 grind persists after the softer UK CPI print earlier this week. No setup in play at the current price.
Support: 1.3369, 1.3355
Resistance: 1.3379, 1.3383, 1.3391
What it said to watch
M15 close above 1.3383 (50d ema) would reclaim the intraday cap and ease the bearish tilt
Break below 1.3355 swing low confirms a lower-low, opening path toward the 1.3140 zone
Fri UK Retail Sales / PMIs are the week's GBP catalysts and could shift this read
Cable coiling in a tight 1.3369–1.3375 band through the Asia session after fading the 1.3390 session-high spike, still pinned sub-1.3400 following the softer UK CPI print. RSI(14) flat near 50 and ATR compressed to ~5 pips — no setup in play, price sitting on the 50% retrace of the prior intraday leg.
Support: 1.3369, 1.33653, 1.33547
Resistance: 1.3375, 1.3379, 1.33904
What it said to watch
Break below 1.33690 range floor reopens 1.33653 swing low
M15 close above 1.33790 swing high needed to challenge session high 1.33904
Fri UK Retail Sales / PMIs are the next GBP catalysts
Tight range near session lows after 1.3390 rejection.
Cable stalled into a tight 1.3368–1.3376 band through late NY hours after the spike to 1.3390 was rejected, with GBP heavy following the softer UK CPI print. RSI(14) mid-40s and ATR compressing near 5 pips — no directional push in play.
Support: 1.33683, 1.33547
Resistance: 1.3376, 1.33906
What it said to watch
M15 close below 1.33683 exposes the 1.33547 swing low
Reclaim of 1.33760 range top needed to shift the near-term read
Fri UK Retail Sales / PMIs are the week's GBP catalysts
19:31 UTC
Downtrend cooling into range · RSI 47 · price 1.33712
Consolidating low-1.337s after fade from 1.3390.
Cable is grinding sideways in the low 1.337s through the NY afternoon after fading from the 1.3390 session high, GBP kept heavy sub-1.3400 following yesterday's soft CPI. Price sits just under EMA20/50 with RSI(14) flat near 46 — no directional setup, just chop between 1.3363 and 1.3380.
Support: 1.33632, 1.33547
Resistance: 1.3380, 1.33906
What it said to watch
M15 close below 1.3355 confirms a lower low
Reclaim of 1.3390 needed to shift the intraday tone
Fri 06:00 UTC UK Retail Sales is the next GBP catalyst
19:17 UTC
Downtrend stalling, now ranging · RSI 46 · price 1.33706
Tight consolidation after bounce off session low.
Cable is coiling in a tight 1.33683-1.33790 range through the late NY session after bouncing off the 1.33547 session low earlier. Rejections have capped the fade near 1.33790 while price holds a mild bearish tilt, consistent with GBP softness after the CPI miss; RSI(14) sits mid-range near 46 and volume is thinning into the close.
Support: 1.33683, 1.33547
Resistance: 1.3379, 1.33904
What it said to watch
M15 close below the 1.33683 range floor opens the path back to the 1.33547 session low
Close above the 1.33790 range top exposes the 1.33904 session high
GfK Consumer Confidence and Friday's UK Retail Sales/PMIs are the next GBP catalysts
19:16 UTC
Downtrend stalling, now flat · RSI 49 · price 1.33706
Consolidation after intraday slide.
Cable is pinned in a tight 1.3369–1.3374 band through late NY, coiling near 1.3371 after a mid-session sweep to 1.33547 was bought back up to the 1.33906 session high. Softer UK CPI has kept GBP capped, RSI(14) flat near 48 with no directional impulse.
Support: 1.33653, 1.33547
Resistance: 1.3379, 1.33906
What it said to watch
Break below 1.33653 resumes the intraday lower-low sequence toward 1.33547
M15 close above 1.33790 opens the path back to the 1.33906 session high
Fri UK Retail Sales / PMIs are the next GBP catalyst
Cable faded from the 1.33951 session high into a 1.33547 low, then bounced but stalled; last few NY-afternoon bars are pinned in a tight 1.3368–1.3375 band with RSI flat near 49. Sterling stays capped below 1.3400 in line with the softer UK CPI backdrop, no intraday setup in play.
Support: 1.3368, 1.33547
Resistance: 1.3379, 1.33906
What it said to watch
Close above 1.33790 opens the path back toward the 1.33906 session high
Loss of 1.33680 exposes the 1.33547 session low
Thin late-NY liquidity keeps ranges compressed into the Asia handover
19:01 UTC
Downtrend easing, now ranging · RSI 47 · price 1.33736
Consolidating below session high after failed push.
Cable spiked to 1.33906 during NY hours then faded, and is now grinding sideways around 1.3373, capped well below the 1.3400 pivot after the softer UK CPI print. Sterling remains pinned in a tight ~1.3368–1.3390 band late in the session, RSI(14) neutral near 46.
Support: 1.33684, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
M15 close above 1.33906 session high reopens the 1.3400 pivot
Loss of 1.33684 range low exposes the 1.33547 swing low
Fri UK Retail Sales / PMIs are the next material GBP catalysts
18:47 UTC
Downtrend, now flat at lows · RSI 47 · price 1.33727
Tight consolidation after leg down.
Cable pinned sub-1.3400 after yesterday's soft UK CPI; NY session swept the 1.3355 low then bounced to 1.3390 before fading. Price has coiled into a tight 1.3368–1.3374 range into the NY close, RSI(14) flat near 47.
Support: 1.33683, 1.33547
Resistance: 1.33741, 1.3379, 1.33906
What it said to watch
M15 close above 1.33741 breaks the range and reopens 1.33790
Loss of 1.33683 puts the 1.33547 swing low back in play
Friday UK Retail Sales and PMIs are the week's key GBP catalysts
Range after fade from session high, mild bearish tilt.
Cable is coiling around 1.3372 after fading from the 1.3390 session high, holding the soft-CPI-driven pressure that keeps it pinned sub-1.3400. RSI near 49 and price sitting on the 50% retrace of the 1.3355–1.3391 bounce; last few bars are tight with no directional push.
Support: 1.3366, 1.33547
Resistance: 1.3379, 1.33906
What it said to watch
M15 close below 1.33660 reopens the 1.33547 swing low
Reclaim of 1.33790 lower high needed to challenge 1.33906 session high
Friday UK Retail Sales / PMIs are the week's key GBP catalysts
18:32 UTC
Downtrend stalling, now ranging · RSI 46 · price 1.33717
Tight consolidation after rejection from session high.
Cable rejected the 1.33906 session high during NY hours and has coiled into a tight 1.3369–1.3373 band, RSI(14) flat near 46. GBP stays pinned below the 1.3400 pivot after yesterday's soft UK CPI, with the 1.33790 swing high capping intraday bounces.
Support: 1.3363, 1.33547
Resistance: 1.3379, 1.33906, 1.3400
What it said to watch
M15 close above 1.33790 opens the path back toward 1.33906 session high
Loss of 1.33630 swing low reopens the 1.33547 session low
US jobless claims Thu 12:30 UTC could break the range
Cable pinned sub-1.3400 after this week's soft UK CPI, drifting off the 1.33906 session high back to a tight 1.3368–1.3373 coil into late NY hours. Price holds below EMA20/50 with RSI(14) near 49; the 1.33547 session low is the last defended floor.
Support: 1.3365, 1.33547
Resistance: 1.3379, 1.33906, 1.3400
What it said to watch
M15 close above 1.33790 negates the lower-high sequence and opens the 1.3400 pivot
Failure to hold 1.33547 confirms a lower-low and extends the fade
Fri Retail Sales / PMIs are the week's key GBP catalysts
NY session pushed cable to 1.3390 then faded back toward 1.3370, with sellers rejecting the 50-day EMA / 1.3400 pivot region after softer UK CPI. Price now consolidating in a tight 1.3365–1.3375 band, RSI mid-40s, sub-EMA20/50.
Support: 1.3365, 1.3355
Resistance: 1.3390, 1.3400
What it said to watch
Close below 1.3355 confirms a lower low, opens path toward the 8-month low near 1.3140
Reclaim of 1.3390 session high / 1.3400 pivot needed to negate the bearish tilt
Friday Retail Sales / S&P Global PMIs are the week's key GBP catalysts
NY afternoon: cable faded from the 1.33906 session high back to 1.337 as it stays pinned below 1.3400 on the soft UK CPI print. Price is consolidating just above the 1.33656 recent low, holding the 61.8% retrace of the 1.33547-1.33906 bounce with RSI mid-40s.
Support: 1.33656, 1.33547
Resistance: 1.3380, 1.33906, 1.3400
What it said to watch
M15 close below 1.33656 reopens the 1.33547 swing low
Reclaim of the 1.33800 intraday pivot eases the lower-high sequence
Fri UK Retail Sales / PMIs are the week's key GBP catalysts
18:01 UTC
Range, drifting lower late NY · RSI 45 · price 1.3372
Range-bound below 1.3390, lower highs into close.
GBPUSD ranged 1.3355–1.3390 through NY hours, capped below 1.3400 and the 50-day EMA at 1.3383 after this week's soft UK CPI. Price is grinding back toward the 1.3367 swing low into the late session with RSI(14) mid-40s and a chain of lower highs from 1.3390.
Support: 1.3367, 1.3355
Resistance: 1.3390, 1.3383, 1.3400
What it said to watch
Loss of 1.3367 opens the spike low at 1.3355
M15 close above 1.3390 challenges the 1.3400 pivot
GBPUSD is grinding in a 1.3355-1.3390 range through the NY session, holding below the 1.3400 handle after soft UK CPI kept cable heavy. RSI(14) neutral near 46, no setup in play with price pinned just under the session mid.
Support: 1.3360, 1.33547
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3390 opens the path back to the 1.3400 handle
Break below 1.33547 confirms a lower low toward weekly low 1.3360 zone
Fri UK Retail Sales/PMIs (06:00/08:30 UTC) could break this range
17:46 UTC
Range, drifting lower into NY afternoon · RSI 44 · price 1.3371
Capped below 1.3390, holding above 1.3355.
GBPUSD is ranging 1.3355–1.3390 through the NY session, holding sub-1.3400 in line with the soft UK CPI tone. Price bounced from the 1.3355 session low but has since stalled and is grinding back toward 1.3368 with RSI mid-range and price below both EMAs.
Support: 1.3368, 1.3355
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3390 opens a retest of the 1.3400 handle
Loss of 1.3355 session low confirms a lower-low and range break
Fri UK Retail Sales/PMIs could materially shift this read
GBPUSD is boxed between 1.3355 and 1.3390 through the NY session, price now grinding lower into 1.3371 below EMA20/50 with RSI(14) mid-range. Supply capped the 1.3390 session high twice; GBP stays heavy sub-1.3400 after the soft UK CPI print reinforced a BoE hold.
Support: 1.3365, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
M15 close below 1.3355 confirms a lower-low and opens range extension
Reclaim of 1.3390 session high needed to challenge the 1.3400 psych level
UK Retail Sales/PMIs Friday could break this range
Lower highs off session high after NY-open recovery.
NY session dipped to 1.33547 then rallied to a session high of 1.33906 before sellers capped it; price has since retraced ~50% of that bounce back to 1.33721. GBP stays heavy below 1.3400 after cooler UK CPI, with RSI(14) around 42 and price below both EMAs.
Support: 1.3365, 1.33547
Resistance: 1.3379, 1.33906
What it said to watch
Close below 1.33547 confirms a fresh session low and lower-low
Reclaim of 1.33790 needed to re-test the 1.33906 session high
Fri UK Retail Sales/PMIs could materially shift this read
GBPUSD is grinding within 1.3355–1.3390 with a soft downward tilt, still capped below the 50-day EMA area that framed the NY high at 1.3389. NY session swept the 1.3355 low then bounced to 1.3390 before fading back to 1.3372; price sits below EMA20/50 with RSI(14) neutral near 46. Cable stays heavy sub-1.3400 after yesterday's cooler UK CPI.
Support: 1.33547, 1.33632, 1.3372
Resistance: 1.33886, 1.33908, 1.33951
What it said to watch
M15 close above 1.3390 opens a retest of the 1.3395–1.3408 zone
Break below 1.3355 confirms a lower-low and exposes the weekly low near 1.3360
Fri UK Retail Sales/PMIs could materially shift this range read
GBPUSD spent the NY session boxed between the 1.3355 session low and 1.3390 session high, with sellers rejecting each push toward 1.3390. Price has drifted back to 1.3371 into the NY afternoon, holding under EMA20/50 as cooler UK CPI keeps cable capped below the 1.3400 handle.
Support: 1.3366, 1.3355
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3390 opens a retest of the 1.3400 psych level
Loss of 1.3355 session low confirms a lower low toward the weekly base
GBPUSD faded from the 1.3390 session high back to 1.3371, capped below 1.3400 in line with the soft UK CPI read. Price is grinding within 1.3355–1.3390 late in the NY session, RSI(14) mid-40s with no momentum extreme.
Support: 1.33656, 1.33547
Resistance: 1.3379, 1.3390, 1.3400
What it said to watch
Close below 1.33547 confirms a lower low
Reclaim of 1.33900 needed to challenge the 1.3400 handle
Fri UK Retail Sales/PMIs could shift this read
17:01 UTC
Downtrend, drifting off session high · RSI 44 · price 1.33731
Range with lower highs into NY afternoon.
GBPUSD faded from the 1.33906 session high back below 1.3380, with RSI(14) cooling toward the mid-40s as the NY session progressed. Price is grinding on the 1.3366 swing low after the earlier bounce off 1.33547; broader tone stays capped sub-1.3400 following yesterday's soft UK CPI.
Support: 1.3366, 1.33547
Resistance: 1.3379, 1.33906
What it said to watch
M15 close below 1.3366 opens the 1.33547 session low
Reclaim of 1.33790 needed to challenge the 1.33906 session high
Range holds between 1.33547 and 1.33906, no clean break in play
17:01 UTC
Range, drifting off session high · RSI 44 · price 1.33731
Range-bound 1.3355–1.3390, lower highs late NY.
GBPUSD drifted back to 1.3373 in the NY afternoon after a rejection at the 1.3390 session high, RSI(14) cooling to the mid-40s. Price is caught mid-range between 1.3355 and 1.3390, capped sub-1.3400 in line with the softer UK CPI backdrop; no clean intraday setup in play.
Support: 1.33655, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
M15 close above 1.3390 session high reopens the 1.3400 psych level
Loss of 1.3355 swing low confirms a lower low toward weekly lows
UK Retail Sales/PMIs Fri could materially shift this read
Range with lower highs after sweep of session low.
NY session drifting lower after the 1.33906 high faded, GBP capped below 1.3400 following the soft UK CPI print. The 1.33547 spike low was swept and reclaimed earlier, and price is now grinding at the 61.8% retrace near 1.33690 with lower highs stacking under 1.33800.
Support: 1.33632, 1.33547
Resistance: 1.3380, 1.33906
What it said to watch
M15 close below 1.33632 opens a retest of the 1.33547 spike low
Reclaim of 1.33800 needed to challenge the 1.33906 session high
UK Retail Sales/PMIs Fri could materially shift this read
16:46 UTC
Downtrend, rolling off session high · RSI 44 · price 1.33696
Range with lower highs sub-1.3400.
NY afternoon has price rolling off the 1.33906 session high back to 1.33696, capped below the 1.3400 handle after soft UK CPI. Sequence of lower highs since the swing, RSI(14) mid-40s with no extreme; 1.33656 swing low is the near-term floor.
Support: 1.33656, 1.33547, 1.3360
Resistance: 1.33806, 1.33906, 1.3400
What it said to watch
M15 close below 1.33547 confirms a lower low toward the 1.3360 weekly low
Reclaim of 1.33906 session high needed to break the lower-high sequence
Fri UK Retail Sales/PMIs could materially shift this read
NY session swept the session low at 1.33547 then rebounded to 1.33906 where supply capped it, and price has since drifted back to 1.33717 in mid-range. GBP stays capped below 1.3400 after yesterday's soft UK CPI; RSI(14) sits neutral near 43 with no momentum extreme.
Support: 1.33656, 1.33547
Resistance: 1.3379, 1.33906, 1.3400
What it said to watch
M15 close below 1.33547 confirms a fresh lower low and opens downside extension
Reclaim of 1.33906 session high negates the lower-high sequence
Fri UK Retail Sales/PMIs could materially shift this read
16:31 UTC
Range, fading off session high · RSI 44 · price 1.33717
Swept session low then reclaimed, mid-range chop.
NY afternoon session; GBP capped below 1.3400 after yesterday's soft UK CPI. The session low at 1.33547 was swept and reclaimed, sparking a spike to 1.33906 before sellers rejected and dragged price back to the 1.33717 mid-range. RSI(14) sits near 43, no momentum edge either way.
Support: 1.3365, 1.33547
Resistance: 1.3380, 1.33906, 1.3400
What it said to watch
Close below 1.33547 confirms a fresh lower low
Reclaim of 1.33800 reopens the 1.33906 session high
Fri UK Retail Sales/PMIs (06:00/08:30 UTC) could reset this range
16:16 UTC
Range-bound, fading off session high · RSI 44 · price 1.33691
Intraday range, capped near 1.3390.
NY afternoon: cable swept the 1.33547 low then snapped back to a 1.33906 session high before fading to 1.3369. Sub-1.34 range persists after soft UK CPI; price now sits mid-range with RSI(14) neutral around 43.
Support: 1.33656, 1.33547
Resistance: 1.3379, 1.33906
What it said to watch
M15 close above 1.33906 opens the path back toward the 1.3383+ cap area
Loss of 1.33547 confirms a fresh intraday lower-low
Friday UK retail sales/PMIs (06:00/08:30 UTC) are the week's key GBP catalyst
16:16 UTC
Range, drifting lower · RSI 43 · price 1.33691
Capped below 1.3383, sweeping lows.
GBPUSD ranging 1.3355-1.3390 through the NY session, capped under the 1.3383 EMA area after soft UK CPI. A sweep of the 1.33547 low bounced to 1.33906, but price has since faded back to 1.3369 and is drifting toward the range floor.
Support: 1.3363, 1.33547
Resistance: 1.3383, 1.33906
What it said to watch
M15 close below 1.33547 confirms a lower low
M15 close above 1.33830 breaks the EMA cap
Friday UK retail sales/PMIs are the key GBP catalyst
16:01 UTC
Sideways, choppy · RSI 49 · price 1.33756
Range after intraday sweep and rebound.
Cable swept the session low at 1.33547 during NY hours then snapped back to 1.33906, but has since faded to the middle of the range around 1.33756. Sterling stays pinned below the 1.3384 cap after the softer UK CPI print, RSI(14) neutral near 48.
Support: 1.33654, 1.33547
Resistance: 1.3384, 1.33906
What it said to watch
M15 close above 1.33840 reopens the session high at 1.33906
Loss of 1.33547 confirms a fresh lower-low
Friday UK retail sales/PMIs are the week's key GBP catalysts
Swept low then rebound, now consolidating mid-range.
NY session swept the low at 1.33547 before a sharp rebound to the 1.33906 session high, then eased back to 1.3378 where price is consolidating near the 38.2% retrace. RSI(14) neutral around 51 with cable pinned sub-1.3400 after yesterday's soft UK CPI; ATR ~8 pips.
Support: 1.33718, 1.33656, 1.33547
Resistance: 1.3384, 1.33906
What it said to watch
Close above 1.33906 extends the recovery
Loss of 1.33656 swing low reopens the 1.33547 session low
Friday UK Retail Sales/PMI could materially shift this read
NY session recovered from a sweep of 1.33547 up to the 1.33906 session high, then faded back to consolidate near 1.3378 just under the 50-day EMA cap at 1.3383. RSI(14) sits neutral around 53; price is boxed between 1.33718 and 1.3383 with no clean break yet.
Support: 1.33718, 1.33656, 1.33547
Resistance: 1.3383, 1.33906
What it said to watch
M15 close above 1.3383 (50-day ema) opens the path back to the 1.33906 session high
Failure to hold 1.33718 recent low exposes 1.33656 and the 1.33547 sweep low
Friday UK retail sales/PMIs are the week's key GBP catalyst and could shift this read
Price swept the session low at 1.33547 around NY open then V-recovered to 1.33906, and is now consolidating a pullback near 1.33785. GBP stays heavy sub-1.3400 after soft UK headline CPI; the intraday bounce is holding roughly a third of the recovery leg.
Support: 1.33656, 1.33547
Resistance: 1.33906, 1.33951
What it said to watch
Reclaim of 1.33906 session high opens the path back toward the 1.33951 prior high
Loss of 1.33547 session low confirms a fresh lower low
UK Retail Sales / PMIs Friday are the week's key GBP catalysts and could reset this read
15:32 UTC
Choppy, mid-range after V-recovery · RSI 52 · price 1.33785
Sweep of weekly low then sharp reclaim, now consolidating.
NY session swept below the 1.3360 weekly low to 1.3355 then V-recovered to 1.3391, leaving a false break before settling back to 1.3378. GBP remains heavy sub-1.3400 after yesterday's soft UK CPI; price now mid-range with no clean setup in play.
Support: 1.3372, 1.3360, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
Reclaim of the 1.3400 pivot would flip the sub-1.3400 read
Failure to hold 1.3372 reopens the 1.3355 sweep low
UK Retail Sales / PMIs Fri are the week's key GBP catalysts
15:16 UTC
Range, capped sub-1.3400 · RSI 47 · price 1.33749
Swept low, rejected session high.
NY session swept the 1.33547 swing low then rallied hard to 1.33906 before fading back to 1.3375, with the 1.3400 psych pivot never tested. Price ranges below the session high as the soft UK CPI narrative keeps GBP pinned sub-1.3400; RSI(14) neutral near 47.
Support: 1.33547, 1.3360
Resistance: 1.33906, 1.3400
What it said to watch
M15 close above 1.33906 opens a run at the 1.3400 psych pivot
Loss of 1.33547 swing low exposes the 1.3360 weekly low
UK Retail Sales Fri 06:00 GMT is the next GBP catalyst
Bounced off session low, rejected near session high.
GBPUSD swept the session low at 1.33547 then rallied sharply to reject at 1.33906 during NY hours, and is now fading back toward 1.3375 with RSI(14) neutral near 47. Price stays pinned below the 1.3400 psych pivot in line with the soft UK CPI / firmer-USD backdrop.
Support: 1.33656, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
M15 close above 1.33906 session high reopens the 1.3400 psych level
Loss of 1.33656 swing low exposes the 1.33547 session low
US jobless claims later today could shift the USD leg
Cable swept the session low at 1.33547 around midday UTC before a sharp rebound reclaimed 1.3388, with GBP still pinned below the 1.3400 pivot after soft UK CPI. The move stalled at 1.33906 and price has since faded back to 1.3375, RSI(14) neutral near 51.
Support: 1.3368, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
Close below 1.33680 opens a retest of the 1.33547 session low
Reclaim of 1.33906 puts the 1.3400 pivot back in play
UK Retail Sales / PMIs later this week could shift the read
NY session swept the session low at 1.33547 then snapped back to 1.33906, now fading to 1.33750 mid-range. GBP stays heavy below the 1.3400 pivot after cooling UK CPI; buyers stepped in at the 1.33547 sweep but momentum has stalled.
Support: 1.3366, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
M15 close above 1.33906 reopens the 1.3400 pivot
Failure to hold 1.33660 exposes a retest of the 1.33547 session low
UK Retail Sales / PMIs Fri could reprice this range
False break of session low then sharp NY reversal, now consolidating.
GBP stays pinned below 1.3400 after this week's soft UK CPI. NY session swept the session low to 1.33547 then reversed sharply to 1.33906; price is now consolidating near 1.33800 with RSI cooling off the highs.
Support: 1.3365, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
Reclaim and hold above 1.33906 opens a run at the 1.3400 psych level
Failure to hold 1.33650 base reopens the 1.33547 sweep low
NY session swept the session low to 1.33547 then rallied hard to 1.33906, with price now easing back to 1.33799 and RSI cooling from the highs. Cable stays pinned below the 1.3400 pivot after yesterday's soft UK CPI, but demand stepped in on the flush.
Support: 1.3366, 1.33547
Resistance: 1.33906, 1.3400
What it said to watch
M15 close above 1.33906 opens the 1.3400 pivot
loss of 1.33660 puts the 1.33547 sweep low back in play
UK Retail Sales/PMIs Fri could reset this intraday read
Sharp rebound off the 1.33547 session low during the London-NY transition, cable reclaiming 1.33800 but stalling under the 1.3400 psych pivot and session high at 1.33906. Soft UK CPI keeps price pinned below 1.3400; RSI(14) recovered to the mid-50s with the bounce.
Support: 1.3366, 1.33547
Resistance: 1.3400, 1.33906
What it said to watch
M15 close above 1.34000 invalidates the capped-below-pivot read
Failure to hold 1.33660 reopens the 1.33547 session low
UK Retail Sales Fri 06:00 GMT could shift this read
Sweep of lows then sharp reversal back into range.
NY session swept the 1.33547 session low then reversed hard to tag 1.33906, RSI(14) cooling from the spike as price fades to 1.33801. GBP stays heavy below the 1.3400 pivot after the soft UK CPI miss, but demand stepped in at the weekly-low area.
Support: 1.3367, 1.33547
Resistance: 1.33906, 1.33951, 1.3400
What it said to watch
M15 close above 1.33906 opens the path back to 1.34
Loss of 1.3367 reopens the 1.33547 session low
UK Retail Sales/PMIs later this week could shift the read
14:17 UTC
Short-term up off session low · RSI 63 · price 1.33881
V-recovery after sweep of session low, retesting session high.
NY session swept the session low at 1.33547 then reversed sharply, cable retracing the whole 1.33951-1.33547 drop back to 1.3388, RSI(14) recovering to the low 60s. Buyers stepped in at 1.3355; the 1.3390 session high is the immediate cap with the 1.3400 pivot above.
Support: 1.3366, 1.33547
Resistance: 1.33908, 1.3400
What it said to watch
M15 close above 1.33908 opens the path back to the 1.3400 pivot
Failure to hold 1.33660 range low reopens the 1.33547 sweep low
GBP stays capped below 1.3400 per soft-CPI narrative
14:16 UTC
Recovering off lows, short-term up · RSI 66 · price 1.33881
Sweep of session low, sharp reclaim toward session high.
NY session dip swept the 1.33547 low before a sharp recovery back to the session high at 1.33904, RSI(14) firm near 66. The 1.3400 pivot flagged in the UK CPI aftermath caps the move just overhead.
Support: 1.3367, 1.33547
Resistance: 1.33904, 1.3400
What it said to watch
M15 close above 1.34000 pivot opens the path higher
Failure to hold 1.33670 range base reopens the 1.33547 swing low
UK Retail Sales Fri 06:00 GMT could materially shift this read
Session low swept, V-recovery back to session highs.
NY session swept the session low at 1.33547 then V-recovered sharply to 1.33877, back near the session high at 1.33900. Cable stays pinned below the 1.3400 psych pivot after yesterday's soft UK CPI; RSI(14) rebuilding to ~63 off the lows.
Support: 1.3366, 1.33547
Resistance: 1.3390, 1.3400, 1.33951
What it said to watch
Rejection at 1.33900 keeps the day's range capped below 1.3400
A close above 1.34000 reopens the 1.33951 prior high
Loss of 1.33660 puts the 1.33547 session low back in play
Cable ground lower through the London-NY transition into a 1.33547 sweep near 12:45 GMT, then snapped back above 1.3385 in a fast NY-afternoon recovery. RSI(14) cooling from the bounce around 62; price still pinned below the 1.3400 pivot after yesterday's soft UK CPI.
Support: 1.33547, 1.3367
Resistance: 1.33908, 1.3400
What it said to watch
M15 close above 1.3400 pivot reopens upside; capped below keeps price heavy
Failure to hold 1.33547 sweep low confirms a lower low
UK Retail Sales Fri 06:00 GMT could reset this intraday read
GBPUSD swept the session low at 1.3355 during NY hours before a sharp V-recovery back to 1.3385, RSI(14) rebounding out of oversold. Cable stayed heavy sub-1.3400 after the soft UK PPI print, but demand stepped in at the low and reclaimed the prior range.
Support: 1.3355, 1.3365
Resistance: 1.3389, 1.3399, 1.3450
What it said to watch
M15 close above 1.3389 opens the path back toward 1.3399
Failure to hold 1.3355 confirms a fresh lower low
UK Retail Sales and flash PMIs Friday are the week's key GBP catalysts
Session low swept at 1.33547, snapped ~30 pips higher.
NY session swept the session low at 1.33547 then snapped ~30 pips back to 1.33891, currently holding 1.33854 with RSI recovering off oversold. Cable stays pinned sub-1.3400 after soft UK data, today's PPI miss adding to the drag.
Support: 1.33547, 1.3366
Resistance: 1.3390, 1.3400, 1.33951
What it said to watch
Close back below 1.33547 confirms a fresh lower low
Rejection at the 1.34000 psych level would cap the bounce
UK Retail Sales / flash PMIs Fri are the week's key GBP catalysts
Lower highs into a session low sweep, quick recovery.
Cable ground out lower highs through London before flushing to a session low of 1.33547, then snapped back to 1.33797 on the last two bars with RSI(14) recovering off oversold toward the mid-50s. Price remains heavy sub-1.3400 in line with the soft UK data backdrop; the rejection off 1.33547 has reclaimed the EMA20 but the session high near 1.339 caps.
Support: 1.33547, 1.3363
Resistance: 1.3381, 1.3390, 1.33951
What it said to watch
M15 close above 1.339 would negate the lower-high sequence
Failure to hold 1.3363 reopens the 1.33547 session low
UK PMIs/Retail Sales later in the week are the key catalysts for this pair
Lower highs into a session-low sweep, snap-back underway.
NY session knifed to a session low of 1.3355 before a sharp recovery back to 1.3380, cable still pinned sub-1.3400 after the soft UK PPI miss. The move retraced roughly half of the day's slide but sits below the string of lower highs near 1.3390.
Support: 1.33547, 1.3360
Resistance: 1.3390, 1.3400
What it said to watch
Close back below 1.33547 confirms continuation of the lower-low sequence
Reclaim of 1.3390 / 1.3400 pivot would negate the intraday downtrend
UK Retail Sales and flash PMIs Fri are the key GBP catalysts
GBPUSD stayed heavy through the NY session, with sellers pressing a chain of lower highs before a sharp flush to 1.33547, the session low, after the soft UK PPI print. Price bounced to 1.33654 but sits below EMA20/50 with RSI(14) near 37; the weekly-low zone around 1.3336 is the next reference below.
Support: 1.33547, 1.3336
Resistance: 1.3385
What it said to watch
M15 close below 1.33547 opens the path to the weekly low near 1.3336
Reclaim of 1.3385 swing high would negate the lower-high sequence
UK Retail Sales/PMI (Fri) are the week's key GBP catalysts and could reset this read
Cable ground lower through the NY session, sweeping the session low at 1.33547 before a modest bounce back to 1.33643, RSI(14) near 40. GBP stays heavy sub-1.3400 after mixed UK CPI and a soft PPI print, with price capped by a chain of lower highs.
Support: 1.33547, 1.3360
Resistance: 1.33724, 1.3384, 1.33951
What it said to watch
M15 close below 1.33547 confirms a fresh lower low toward the 1.3360 weekly-low zone
Reclaim of 1.33724 needed to ease the intraday downtrend
UK Retail Sales and flash PMIs Fri could materially shift this read
Lower highs into range break, breakdown sub-1.3360.
NY session pressed GBPUSD through the 1.3360 weekly-low zone, the last bar knifing to a session low at 1.33547 before closing back near 1.3360. Price sits below EMA20/50 with RSI(14) around 33, and the mid-window 1.3380 range base has flipped to resistance alongside the 1.3370 pivot.
Support: 1.33547, 1.3350
Resistance: 1.3370, 1.3380
What it said to watch
Reclaim above 1.3370 swing pivot would negate the breakdown read
Failure to hold 1.33547 session low confirms continuation lower
UK Retail Sales/flash PMIs Fri are the week's GBP catalysts
13:01 UTC
Downtrend, fresh leg lower · RSI 32 · price 1.33603
Range broken to the downside, printing new session lows.
NY session drove a break below the 1.3360 weekly-low zone, cable knifing to 1.3355 after the soft UK PPI print kept Sterling heavy. Price sits below EMA20/50 with RSI(14) at 31 — hot but not yet extreme; the prior 1.3370–1.3385 range top capped every London bounce.
Support: 1.3355, 1.3360
Resistance: 1.3370, 1.3385
What it said to watch
M15 close back above 1.3370 negates the range break
sustained trade below 1.3355 extends the lower-low sequence
UK Retail Sales / flash PMIs Fri are the week's key GBP catalysts
Cable ground steadily lower through London into NY, printing lower highs and now pressing the 1.3363 swing low with GBP soft after today's UK PPI miss. RSI(14) near 40, price capped below EMA20/50 and pinned in the sub-1.3400 weekly-low zone.
Support: 1.33632, 1.3360
Resistance: 1.3370, 1.33951
What it said to watch
M15 close below 1.3360 extends the weekly-low break
Reclaim of 1.3370 needed to stall the lower-high sequence
UK Retail Sales / flash PMIs Fri are the week's key GBP catalysts
Cable stayed heavy through the NY session, pressing to fresh session lows at 1.3363 as GBP stays pinned sub-1.3400 after this morning's soft PPI miss. A chain of lower highs (1.3395 > 1.3380 > 1.3372) has capped every bounce, RSI(14) near 40 with no oversold signal yet.
Support: 1.3363, 1.33595
Resistance: 1.33725, 1.33807
What it said to watch
M15 close above 1.33725 breaks the lower-high chain
Failure to hold 1.3360 opens the weekly-low zone
UK Retail Sales and flash PMIs Fri are the week's key GBP catalysts
12:32 UTC
Downtrend, lower highs · RSI 39 · price 1.33698
Grinding lower toward session low.
GBPUSD has bled lower through the London-NY transition, printing a chain of lower highs into 1.33698 with price under both EMAs; soft UK PPI and mixed CPI keep sterling pinned sub-1.3400. Sellers capped the last bounce at 1.33744 and price is now pressing the 1.33632 session low.
Support: 1.33632, 1.33595
Resistance: 1.33744, 1.33807
What it said to watch
M15 close below 1.33632 exposes the 1.3360 weekly low cited in context
Reclaim of 1.33744 swing high would ease the lower-high sequence
GBPUSD ground lower through the NY session, breaking the mid-window 1.3380 range and setting a session low at 1.33632 on the soft UK PPI/CPI backdrop and a firm USD. Price is pinned near 1.3370 with a chain of lower highs; RSI(14) around 40, no reversal signal yet.
Support: 1.33632, 1.3360
Resistance: 1.33707, 1.33843
What it said to watch
Break below 1.33632 opens the 1.3360 weekly low
Reclaim of 1.33707 recent high needed to break the lower-high sequence
UK Retail Sales Fri 06:00 GMT could reprice GBP sharply
GBPUSD grinding lower through the NY session, printing lower highs and pressing the 1.33632 session low with GBP soft after this week's mixed UK CPI. Price sits below EMA20/50 with RSI(14) near 40; sub-1.3400 tone from the news read holds on the chart.
Support: 1.33632, 1.3360
Resistance: 1.33744, 1.3384, 1.3400
What it said to watch
M15 close below 1.3360 weekly low signals continued weakness
Reclaim of 1.33840 prior range needed to shift the lower-high sequence
GBPUSD leaked lower through the NY session, printing a chain of lower highs off 1.33951 as GBP stays soft following the PPI miss and firm USD. Price is pinned near the 1.33632 session low with RSI in the low 40s; the descending highs keep pressure toward the 1.3360 weekly low.
Support: 1.33632, 1.33595, 1.3360
Resistance: 1.33807, 1.33951
What it said to watch
Break below 1.33595 swing low exposes the 1.3360 weekly low
Reclaim of 1.33807 intraday high negates the lower-high sequence
Cable stays pinned sub-1.3400 after soft UK CPI, printing lower highs and easing to the session low at 1.33632. RSI(14) around 41 with a shallow bounce off the low; the 1.33744 lower high caps for now.
Support: 1.33632, 1.3360
Resistance: 1.33744, 1.33807, 1.3400
What it said to watch
M15 close below 1.3360 weekly low confirms lower-low extension
Reclaim of 1.3400 pivot would neutralise the downtrend read
UK Retail Sales/PMIs Fri could reset the sterling tone
Cable grinds to fresh session lows near 1.3363, pinned sub-1.3400 after yesterday's soft UK CPI, with the 1.3360 weekly low the next overhang. Lower-high chain intact and price below EMA20/50; RSI(14) subdued near 37 but not yet stretched.
Support: 1.33632, 1.33595
Resistance: 1.33745, 1.3384, 1.33908
What it said to watch
Break of 1.33632 exposes the 1.3360 weekly low
Reclaim of 1.33745 swing high needed to break the lower-high sequence
Cable ground lower through the London-NY transition, pinned below 1.3400 after soft UK CPI, with the 1.3395 swing high rejected earlier in NY. Price now sits on the 1.3363 weekly low, RSI(14) near 38 but not yet oversold.
Support: 1.3363, 1.3360
Resistance: 1.3380, 1.3395, 1.3400
What it said to watch
M15 close below 1.3360 confirms a lower low
Reclaim of the 1.3400 pivot invalidates the downtrend read
US Jobless Claims (12:30 GMT) could shift this read
Cable stayed pinned below 1.3400 through the NY session after soft UK CPI, grinding to a fresh session low at 1.33632 on a chain of lower highs. RSI(14) near 39, no oversold extreme yet; price is sitting just above the 1.3360 weekly low.
Support: 1.33632, 1.3360
Resistance: 1.3390, 1.3400
What it said to watch
Break of 1.3360 weekly low confirms a lower low
M15 close back above 1.3390 swing high negates the downtrend read
Cable stayed pinned below 1.3400 through NY hours after soft UK CPI, grinding to a fresh session low at 1.33633 on a chain of lower highs. RSI(14) near 39, no bounce yet as price probes toward the 1.3360 weekly low.
Support: 1.33633, 1.33595, 1.3360
Resistance: 1.33744, 1.3380, 1.3400
What it said to watch
M15 close above 1.3380 breaks the descending lower highs
Failure to hold 1.3360 weekly low opens the path lower
US Jobless Claims 12:30 GMT could shift this read
11:31 UTC
Downtrend, lower highs into NY · RSI 38 · price 1.33671
Series of lower highs and lower lows, pressing session low.
Cable ground lower through the London-NY session, printing lower highs off 1.33951 and pressing the session low at 1.33633, RSI(14) near 38. Sterling stays pinned sub-1.3400 after soft UK CPI and fiscal jitters; price sits below both EMAs with no reversal signal on this TF.
Support: 1.33633, 1.33595, 1.3360
Resistance: 1.33725, 1.3379, 1.33951
What it said to watch
Break below 1.33633 opens the path to the 1.3360 weekly low
M15 close back above 1.33790 breaks the descending highs sequence
UK Retail Sales and PMIs Fri could materially shift this read
11:16 UTC
Downtrend, near session low · RSI 41 · price 1.33701
Lower highs, lower lows.
Cable grinds lower through the London session, pinned below the 1.3400 pivot after yesterday's soft UK CPI; price sits at the session low near 1.3366 with a chain of lower highs since the 1.3395 rejection. RSI(14) around 41, no oversold stretch yet.
Support: 1.33656, 1.33595
Resistance: 1.33843, 1.33951, 1.3400
What it said to watch
Sustained M15 close below 1.3366 opens 1.3360/1.3359
Reclaim of 1.3384 would break the lower-high sequence
US Jobless Claims 12:30 GMT could shift the read
11:16 UTC
Downtrend, lower highs · RSI 40 · price 1.33701
Sub-1.3400, drifting to session low.
Cable drifting lower into the NY session, pinned sub-1.3400 after yesterday's soft UK CPI. A chain of lower highs from the 1.3395 session peak has pressed price toward the 1.3366 session low, RSI(14) mid-40s with no extreme.
Support: 1.3366, 1.3360
Resistance: 1.3380, 1.3395, 1.3400
What it said to watch
M15 close above 1.3380 breaks the descending-high sequence
GBPUSD grinding lower through the London session, printing lower highs off 1.33951 and pressing session lows near 1.33656; soft UK CPI and a weak PPI miss keep Sterling pinned sub-1.3400. RSI(14) mid-30s with no reversal signal yet.
Support: 1.33656, 1.33595, 1.3340
Resistance: 1.33807, 1.33951, 1.3400
What it said to watch
Close above 1.33807 breaks the lower-high chain
Break below 1.33656 opens 1.33595 then the 1.33400 psych level
Friday UK Retail Sales / PMIs are the next material catalyst
Cable is grinding lower through the London session, pinned below the 1.3400 pivot after soft UK CPI/PPI kept Sterling defensive. Sellers rejected 1.33800 repeatedly and price is now pressing the session low at 1.33656, RSI(14) near 40 with no oversold extreme yet.
Support: 1.33656, 1.33595
Resistance: 1.3380, 1.3387, 1.3400
What it said to watch
M15 close below 1.33595 confirms a fresh lower-low
Reclaim of 1.3400 pivot needed to void the bearish structure
UK Retail Sales/PMIs Friday are the next high-impact catalyst
Cable rolled off the 1.33840 consolidation top during London hours and is grinding back to the session low at 1.33656, RSI(14) near 37 and price under both EMAs. Sterling stays pinned sub-1.3400 after this morning's soft UK PPI miss, with no bounce of note.
Support: 1.33656, 1.33595
Resistance: 1.3384, 1.33951, 1.3400
What it said to watch
M15 close below 1.33595 confirms a fresh lower low
Reclaim of 1.33840 needed to ease the downside pressure
1.3400 psych pivot caps any recovery attempt
UK Retail Sales / PMIs Friday are the next high-impact catalysts
Cable ground lower through the London session, breaking a multi-hour 1.3380–1.3390 range and printing fresh lows at 1.3366 with RSI(14) around 34. GBP stays soft sub-1.3400 after cooler UK CPI, and price is stalling just above the earlier 1.33595 swing low.
Support: 1.33656, 1.33595
Resistance: 1.3384, 1.33908, 1.3400
What it said to watch
Break and hold below 1.33595 confirms a lower low
Reclaim of 1.33840 lower high negates the fresh-low read
UK Retail Sales / PMIs Friday are the next catalysts for this pair
GBPUSD stays pinned below the 1.3400 pivot after yesterday's soft UK headline CPI, drifting lower through the London session into session lows near 1.3366. Lower highs are stacking under 1.3379 and RSI sits mid-40s, with 1.3395 the last rejection cap.
Support: 1.3366, 1.3360
Resistance: 1.3379, 1.3395, 1.3400
What it said to watch
Reclaim of 1.3400 would invalidate the intraday downtrend
GBPUSD grinding lower through the NY session, printing lower highs off the 1.33951 session peak and now retesting the 1.33662 session low. Price stays pinned below 1.3400 with the four-day downtrend intact after the soft UK CPI headline; RSI(14) near 39, soft but not oversold.
Support: 1.33662, 1.33595
Resistance: 1.33744, 1.3384, 1.33951
What it said to watch
Break of 1.33662 session low confirms continuation toward 1.33595
M15 close back above 1.33840 range mid would neutralise the lower-high sequence
UK Retail Sales / flash PMIs Fri could shift this read
GBPUSD stayed pinned below 1.3400 after the softer UK CPI print, drifting back to the session low at 1.33662 after rejection near 1.33951. Price carved lower highs through the London session with RSI(14) around 41; ATR near 8 pips keeps ranges tight.
Support: 1.33662, 1.33595
Resistance: 1.3384, 1.33951, 1.3400
What it said to watch
M15 close below 1.33662 confirms a fresh lower low toward 1.33595
Reclaim of 1.33840 would neutralise the lower-high sequence
1.3400 pivot — repeated failure keeps the intraday downtrend intact
GBPUSD stays pinned near session lows around 1.3370 in London hours, extending the drift after yesterday's CPI miss kept sterling soft below 1.3400. Price has carved lower highs off the 1.33951 session high, with sellers capping every bounce below 1.33840.
Support: 1.33662, 1.33595
Resistance: 1.3384, 1.33951
What it said to watch
M15 close below 1.33662 confirms a lower low toward 1.33595
Reclaim of 1.33840 needed to re-challenge the 1.33951 session high
UK flash PMIs / Retail Sales later this week could shift this read
London session fading off the 1.3395 session high in a lower-high chain, price now pinned near 1.3370 with the ~1.3360 one-week pivot just below. GBP stays heavy on fiscal jitters and a mixed June CPI, RSI(14) sub-40 but not yet oversold.
Support: 1.3367, 1.33595, 1.3360
Resistance: 1.3384, 1.33951
What it said to watch
M15 close below 1.3360 confirms a fresh lower low and opens the path lower
Reclaim of 1.3384 negates the lower-high sequence
UK Retail Sales and PMIs Fri could reset this read
London session drifting lower after rejection at the session high 1.33951, price now pressing the session low near 1.3367 with RSI(14) mid-40s. Cable has held a 1.3360-1.3395 range all window; GBP stays heavy on fiscal jitters and a firm safe-haven USD, with mixed June CPI offering no clean rescue.
Support: 1.33595, 1.3360
Resistance: 1.3384, 1.33951
What it said to watch
M15 close below 1.3360 week pivot opens the path to fresh lows
Reclaim of 1.33840 congestion neutralises the drift lower
UK Retail Sales and PMIs Fri could materially shift this read
GBPUSD rolled over from a rejection at 1.33951 during the London session and broke the 1.3382-1.3386 consolidation floor, now pressing session lows near 1.3367 after mixed UK CPI (headline miss, core beat) gave no clean lift. Sequence of lower highs intact with price below EMA20/50 and RSI in the high-30s.
Support: 1.3367, 1.33595
Resistance: 1.33865, 1.33951
What it said to watch
M15 close below 1.3367 opens the path to the 1.33595 day low
Reclaim of 1.33865 range top negates the downside pressure
UK Retail Sales and PMIs Fri are HIGH-impact catalysts that could shift this read
09:46 UTC
Range, drifting lower · RSI 42 · price 1.33702
Ranging 1.3360-1.3400, lower highs late session.
GBPUSD is boxed in the 1.3360-1.3400 band through the London session after the early bounce off the ~1.3360 one-week pivot faded. Rejection at the 1.33951 session high has left a string of lower highs, and price is now pressing back toward the range floor with RSI(14) mid-40s.
Support: 1.3360, 1.33595
Resistance: 1.33951, 1.3400
What it said to watch
M15 close below 1.3360 confirms a break of the range floor toward fresh lows
Reclaim of 1.33951 needed to reopen the 1.3400 top
UK Retail Sales and PMIs Fri could materially shift this read
GBPUSD sold from 1.3434 to the 1.3360 one-week pivot early in the window, bounced to 1.3399, then chopped in a 1.3370-1.3395 range through Asia. London hours are grinding back toward 1.3360 with RSI(14) soft near 40; mixed UK CPI (headline miss, core beat) offered no clean rescue.
Support: 1.3360, 1.3370
Resistance: 1.3395, 1.3400
What it said to watch
M15 close below 1.3360 opens a retest of fresh lows
Reclaim of 1.3395 shifts the read back toward the 1.3400 range top
09:32 UTC
Downtrend, lower lows into London · RSI 37 · price 1.33692
Range broke down, fresh session low.
London session pressed GBPUSD to a fresh session low near 1.3367 after the 1.3375-1.3385 range broke down, RSI(14) sub-40. Sterling stays heavy on fiscal jitters and a mixed June CPI print, with sellers capping every bounce below 1.3385.
Support: 1.3367, 1.3359
Resistance: 1.3385
What it said to watch
M15 close back above 1.3385 negates the range breakdown
Break of 1.3359 exposes the ~1.3360 one-week pivot
UK Retail Sales + PMIs Fri could reset this read
09:17 UTC
Downtrend, grinding lower · RSI 41 · price 1.3368
Lower highs, retesting one-week low.
GBPUSD stays offered after the soft UK June CPI print, capped below the 200dma near 1.3403 and rolling over from the 1.3390 session high. Price is pressing the 1.3360 one-week low again after a mid-window consolidation around 1.3380, RSI(14) sub-42 with ATR near 9 pips.
Support: 1.3360, 1.3374
Resistance: 1.3390, 1.3403
What it said to watch
Break and hold below 1.3360 confirms continuation to fresh one-week lows
M15 close back above 1.3390 negates the lower-high sequence
UK Retail Sales Fri 06:00 GMT could shift this read
09:16 UTC
Downtrend, testing range floor · RSI 40 · price 1.3368
Consolidation broke lower toward 1wk low.
GBPUSD stayed offered through NY hours, rolling off the 1.3395 session high back toward the 1.3360 one-week low as GBP remains soft after yesterday's CPI miss and firm USD haven demand. Price is sub-EMA20/50 with RSI(14) near 40; the mid-window consolidation around 1.3383 has given way lower.
Support: 1.3360, 1.33595
Resistance: 1.3395, 1.3403
What it said to watch
M15 close below 1.3360 confirms a lower low and extends the downtrend
Reclaim of the 1.3403 200dma would neutralise the bearish structure
UK Retail Sales Fri 06:00 GMT could materially shift this read
09:02 UTC
Downtrend easing into range · RSI 43 · price 1.33727
Consolidation near range lows after retrace.
GBPUSD stayed offered after yesterday's soft UK CPI miss, sliding from 1.3427 to a 1.3360 one-week low before ranging 1.3370–1.3395 through Asia and into London. Session high at 1.33951 was rejected and price has slipped back to 1.33727, sitting near the ~61.8% retrace of the intraday bounce.
Support: 1.3369, 1.33595
Resistance: 1.3390, 1.33951
What it said to watch
M15 close below 1.33690 reopens the 1.33595 one-week low
Reclaim of 1.33900 range top needed to relieve downside pressure
UK Retail Sales Fri 06:00 GMT could shift this read
09:01 UTC
Downtrend stalling into range · RSI 43 · price 1.33727
Consolidation below 200dma, mid-range.
GBPUSD sold off early from 1.3430 to 1.33595 after the soft UK CPI print kept Sterling capped below the 200dma near 1.3403, then chopped sideways through Asia and into London. Price is holding a 1.3360–1.3395 range, currently mid-range at 1.3373 with RSI(14) neutral; the session high at 1.3395 rejected on the last NY-side push.
Support: 1.3360, 1.33595
Resistance: 1.3395, 1.3403
What it said to watch
Close above 1.3403 (200dma) reopens the 1.3400–1.3500 range
Failure to hold 1.3360 one-week low confirms a lower low
UK Retail Sales Fri 06:00 GMT could break this range
08:47 UTC
Range after early sell-off · RSI 46 · price 1.33784
Consolidation between 1.3370 and 1.3395.
GBPUSD spent London-NY grinding sideways after an early drop to the 1.3360 one-week low; the June CPI miss keeps Sterling heavy below the 200dma at 1.3403. NY probed 1.3395 and was rejected, price now hovering mid-range near 1.3378 with RSI(14) flat around 46.
Support: 1.3370, 1.3360
Resistance: 1.3395, 1.3403
What it said to watch
M15 close above 1.3395 opens the path to the 200dma at 1.3403
Loss of 1.3370 exposes the 1.3360 one-week low
Range stays intact between 1.3370 and 1.3395 absent a driver
Ranging after NY-session drop, capped below 200dma.
GBPUSD is ranging 1.3369–1.3395 through the London open after NY spiked and rejected the session high at 1.33951. Sterling stays offered below the 200dma pivot near 1.3403 following yesterday's soft CPI miss; RSI(14) sits neutral near 48 with no momentum extreme in play.
M15 close above 1.33951 session high opens the path to 1.3403
Failure to hold 1.3369 exposes the 1.33595 day low
UK Retail Sales Fri 06:00 GMT could shift this range read
08:32 UTC
Down early, now ranging · RSI 50 · price 1.3380
Consolidation above session low after London drop.
GBPUSD dropped to a 1.3360 session low in yesterday's London-NY window then based through Asia, and this London morning is ranging 1.3370-1.3395 after cooler UK headline CPI (2.6% vs 2.7%). Rejection at 1.3395 caps the bounce, with 1.3400 pivot still unbroken and RSI(14) flat near mid-range.
Support: 1.3370, 1.3360
Resistance: 1.3395, 1.3400
What it said to watch
M15 close above 1.3400 pivot invalidates the sub-pivot range read
Loss of 1.3360 week low confirms a fresh lower low
UK Retail Sales/PMIs Fri could materially shift this read
08:32 UTC
Ranging, momentum flat · RSI 52 · price 1.3380
Consolidation above session low.
GBPUSD sold off through the London session to a 1.33595 session low after mixed June CPI, then recovered and has coiled in a 1.3370-1.3390 range for the past several hours. Price is pinned below the 1.3403 200dma with RSI(14) neutral near 51; no directional follow-through in play.
Support: 1.3370, 1.33595
Resistance: 1.3390, 1.3403
What it said to watch
M15 close below 1.3370 opens a retest of the 1.33595 session low
Reclaim of 1.3403 (200dma) needed to break the range top
GfK confidence (Thu) and UK Retail Sales/PMIs (Fri) are the next catalysts
08:17 UTC
Range, momentum cooling · RSI 45 · price 1.33744
Post-CPI chop after rejection at session high.
Cooler UK June CPI (2.6% vs 2.7%) spiked GBPUSD at the 06:00 UTC print, then London pushed to a session high of 1.33951 before sellers stepped in and dragged it back to 1.33744. Rejection at the highs leaves price mid-range with RSI(14) cooling to the mid-40s; range top 1.33860 respected.
Support: 1.3369, 1.33595
Resistance: 1.3386, 1.33951
What it said to watch
M15 close below 1.33690 opens the 1.33595 prior-day low
Reclaim of 1.33860 puts the 1.33951 session high back in play
08:16 UTC
Range-bound, pulling off session high · RSI 44 · price 1.33744
Intraday range 1.3369-1.3390, recent high sweep rejected.
GBPUSD spiked to 1.33951 into the NY session then got rejected straight back below the range top, printing at 1.33744 after softer UK headline CPI (2.6% vs 2.7%). Price is coiling in the 1.3369-1.3390 band with RSI(14) mid-range and no follow-through above 1.3400.
Support: 1.3369, 1.33595
Resistance: 1.3384, 1.33951
What it said to watch
M15 close below 1.33690 exposes the 1.33595 session low
Reclaim of 1.33840 puts price back into the upper range
08:02 UTC
Downtrend easing into range · RSI 48 · price 1.33822
Consolidation after intraday decline.
London open pushed to 1.3395 and was rejected straight back into the 1.3376–1.3390 range that has capped price through the Asia session; Sterling stays heavy on dovish BoE repricing after the June CPI miss. Price sits mid-range at 1.3382 with RSI(14) neutral near 48.
Support: 1.3376, 1.3359
Resistance: 1.3395, 1.3400
What it said to watch
M15 close below 1.3376 range floor exposes the 1.3359 session low
Reclaim of 1.3395 and the 1.3400 pivot would break the current range top
UK Retail Sales + flash PMIs Fri could materially shift this read
08:02 UTC
Range after intraday selloff, momentum flat · RSI 50 · price 1.33822
Consolidation between 1.3369 and 1.3395.
GBPUSD knifed from ~1.3445 to a 1.3360 swing low earlier, then stalled into a tight 1.3369–1.3395 range as Sterling stays soft after the June CPI miss and a firmer safe-haven USD. Price now pinned around 1.3382, hovering at the EMAs and holding under the 1.3400 pivot.
Support: 1.33691, 1.33595
Resistance: 1.33951, 1.3400
What it said to watch
M15 close below 1.3369 reopens the 1.3360 swing low
Reclaim of 1.3400 pivot needed to shift the range read
Fri UK Retail Sales + flash PMIs could break this range
07:47 UTC
Downtrend stalled, now ranging · RSI 44 · price 1.33773
Consolidation above the prior-day low.
Cable knifed to 1.3359 during the NY session on the soft UK pay/dovish BoE repricing, then spent Asian hours coiling in a tight 1.3370–1.3387 range. London opened today with a push to the 1.3395 session high that was rejected back into the range; RSI(14) mid-40s, no directional momentum.
Support: 1.3369, 1.33595
Resistance: 1.3387, 1.3395
What it said to watch
M15 close above 1.33870 range top reopens 1.33950 session high
Break of 1.33690 swing low exposes 1.33595 prior low
UK Retail Sales / PMIs Friday are the next GBP catalysts
07:47 UTC
Downtrend paused, now ranging · RSI 45 · price 1.33773
Consolidation after selloff, spike rejection at top.
London open spiked to 1.33951 around the UK CPI print (2.6%, a miss) then was rejected straight back to 1.33773. Prior Asia session held a tight 1.3370–1.3386 range after yesterday's selloff bottomed at 1.33595; Sterling stays soft on the dovish BoE repricing.
Support: 1.33686, 1.33595
Resistance: 1.33951, 1.3400
What it said to watch
M15 close above 1.33951 negates the range-top rejection
Break below 1.33595 confirms a lower low
1.34000/200dma overhead — area to watch for rejection or reclaim
GBP knifed below its 50/200-day EMAs into yesterday's NY session on soft UK pay data and a firm safe-haven USD, printing a session low at 1.3359. London hours held a 1.3370–1.3385 range that has just broken higher to 1.33951, RSI(14) near 61 with no divergence. The 1.3400 pivot/200dma sits overhead as the next hurdle.
Support: 1.3370, 1.33595
Resistance: 1.33951, 1.3400
What it said to watch
Break above 1.3400 (200dma/pivot) would negate the near-term downtrend structure
Close back below 1.3370 reopens the 1.3359 session low
UK Retail Sales & flash PMIs Fri are the next GBP catalysts
GBPUSD knifed below 1.3400 during NY hours yesterday — sweeping to 1.33595 amid dovish-BoE repricing after the June CPI miss — then based through the Asian session around 1.3375–1.3385. London has pushed the current bar to a session high 1.33951, RSI(14) firming near 61 as price probes the 1.3400 pivot.
Support: 1.3370, 1.33595
Resistance: 1.3399, 1.3400
What it said to watch
M15 close above 1.34000 pivot opens path back toward 1.3426
Failure to hold 1.33700 range floor exposes 1.33595 session low again
USD safe-haven bid on Gulf headlines could cap the recovery near 1.3400
07:17 UTC
Range, off day low · RSI 49 · price 1.33832
Consolidation between 1.3370 and 1.3390.
London-morning tape is ranging 1.3370–1.3390 after cable stabilised off the 1.33595 day low, with softer UK CPI and fiscal jitters keeping Sterling heavy. A spike to 1.33908 was rejected and the subsequent flush to 1.337 was bought back, leaving price mid-range with RSI(14) neutral near 48.
Support: 1.3370, 1.33595
Resistance: 1.3390, 1.3399
What it said to watch
M15 close below 1.3370 reopens the 1.33595 day low
Break above 1.3390 exposes 1.3399
US jobless claims (Thu) and UK Retail Sales/PMIs (Fri) are the next catalysts to shift this range
07:17 UTC
Downtrend paused, now ranging · RSI 50 · price 1.33832
Consolidation above session low after CPI-driven drop.
GBPUSD knifed to 1.3359 during yesterday's London-NY hours on the soft UK CPI print and reviving USD safe-haven bid, then based and has consolidated 1.3369–1.3390 through the Asian range into London open. RSI(14) sits neutral near 49.5 with price pinned around the EMA20; range top at 1.3390 still caps.
Support: 1.3369, 1.3359
Resistance: 1.3390, 1.3399
What it said to watch
M15 close above 1.3390 range top exposes 1.3399 prior high
Failure to hold 1.3369 reopens the 1.3359 session low
UK Retail Sales/PMIs Fri are the next GBP catalysts and could break this range
GBPUSD knifed from 1.3448 to 1.3359 through the London selloff on soft UK CPI and dovish BoE repricing, then coiled 1.3370–1.3390 across the quiet Asian range. Early London reopened with a push to 1.3391 that was rejected back to 1.3370; price now sits at 1.33795, below EMA20/50 with RSI neutral.
Support: 1.3370, 1.3359, 1.3340
Resistance: 1.3391, 1.3400, 1.3426
What it said to watch
Close above 1.3400 200dma pivot would neutralise the range read
Break below 1.3359 swing low confirms a lower low
UK Retail Sales Fri 06:00 GMT is the next GBP catalyst
07:01 UTC
Downtrend, now consolidating · RSI 45 · price 1.33795
Range after impulsive leg lower.
GBPUSD knifed from 1.3449 through the London-NY hours yesterday to 1.3360 as soft UK pay and a USD safe-haven bid weighed on Sterling. Price has since consolidated 1.3370–1.3390 through Asia; the current London open is probing the range floor with RSI(14) mid-40s.
Support: 1.3370, 1.33595
Resistance: 1.3390, 1.3403
What it said to watch
M15 close below 1.3360 extends the downleg toward 1.3385 digest target zone
Reclaim of 1.3390 range top negates the consolidation lower
UK Retail Sales and flash PMIs Fri are the next high-impact GBP catalysts
06:47 UTC
Downtrend stalling into consolidation · RSI 43 · price 1.33759
Range after London leg lower, floor probed.
GBPUSD leaked lower through London to a 1.33595 session low after the soft June CPI print, then base-built in a tight 1.3375–1.3387 range for hours. The latest bar swept below the floor to 1.337 and closed back inside at 1.33759, RSI(14) mid-40s with no momentum extreme.
Support: 1.3369, 1.33595
Resistance: 1.3387, 1.3399, 1.3403
What it said to watch
Sustained M15 close below 1.33690 opens the 1.33595 session low
Reclaim of 1.33870 range top negates the floor probe
Break above 1.34030 200dma would end the intraday downtrend read
06:46 UTC
Downtrend, consolidating at lows · RSI 43 · price 1.33759
Range along session lows after leg down.
Asian session ground sideways near 1.3382 before a spike to the session high at 1.33908 was rejected sharply, sliding back to 1.3370. Sterling stays soft after yesterday's CPI miss (2.6% vs 2.7%); price now holds the low 1.3370s just above the recent low.
Support: 1.3369, 1.33595
Resistance: 1.3384, 1.33908
What it said to watch
Close below 1.33690 exposes the 1.33595 session low
Reclaim of 1.33840 range top eases the downside pressure
UK Retail Sales/PMIs Fri are the next GBP catalysts
06:32 UTC
Downtrend resuming after range · RSI 40 · price 1.33699
Consolidation broke lower, false break of session high.
GBPUSD spent the Asian session ranging 1.3374-1.3390, then the last bars swept the session high to 1.3391 and were rejected sharply back to 1.3370 into the London open. The June CPI miss keeps Sterling soft; RSI(14) near 40 and price has slipped back below EMA20/50.
Support: 1.3369, 1.33595
Resistance: 1.3386, 1.33908
What it said to watch
Sustained break below 1.3360 swing low extends the down leg
Reclaim of 1.3391 negates the rejection and reopens the range ceiling
UK Retail Sales/PMIs Fri are the next GBP catalyst
06:32 UTC
Downtrend, fresh leg lower · RSI 40 · price 1.33699
Range break below consolidation.
GBPUSD spent Asia grinding sideways in a 1.3380–1.3390 range before breaking down at the London open, sliding to 1.337 as Sterling stays soft on dovish BoE repricing and a firm USD. RSI(14) near 40, no oversold signal yet; the earlier sell-off from 1.3455 to the 1.33595 session low set the tone.
Support: 1.33636, 1.33595
Resistance: 1.3385, 1.3403
What it said to watch
M15 close back above 1.3385 range top negates the downside break
Loss of 1.33636 swing low opens the 1.33595 session low
Sustained break of the 1.3403 200dma pivot keeps the multi-day slide intact
Sterling sold off into 1.3360 during prior London-NY hours as soft UK CPI reinforced the dovish BoE read; since then GBPUSD has coiled in a tight 1.3375-1.3390 band through the Asian session. RSI(14) neutral near 45 and ATR compressed — no momentum with London open approaching.
Support: 1.33755, 1.33595
Resistance: 1.33908, 1.3403
What it said to watch
M15 close below 1.33755 exposes session low at 1.3360
Break above 1.33908 opens the 200dma pivot at 1.3403
London open liquidity could break the Asian range
06:17 UTC
Downtrend stalled, now ranging · RSI 52 · price 1.33834
Consolidation above session low after sell-off.
Cable slid from 1.3455 to a 1.33595 session low during the London-NY window as GBP stayed soft on cooling CPI and a firm safe-haven USD. Price has since recovered and coiled into a tight 1.3376-1.3390 range through the Asian session and London open, RSI neutral near 52.
Support: 1.33763, 1.33595
Resistance: 1.33908, 1.3399
What it said to watch
M15 close above 1.33908 opens the path back toward the 1.33990 swing high
Loss of 1.33763 re-exposes the 1.33595 swing low
UK Retail Sales/flash PMIs Fri are the next GBP catalysts
06:01 UTC
Downtrend, now consolidating · RSI 52 · price 1.33848
Range after selloff, holding above 1.3370.
GBPUSD sold off from 1.3455 to a session low of 1.3360 through the prior session on renewed USD safe-haven bid and UK fiscal jitters, then stabilised into a tight 1.3370-1.3390 range. RSI(14) is neutral near 52 and ATR has compressed to ~7 pips as price coils just below the 200dma at 1.3403 ahead of UK CPI.
Support: 1.3370, 1.3360
Resistance: 1.3390, 1.3403
What it said to watch
UK CPI (HIGH) imminent — a soft print could break the range floor at 1.3370 toward 1.3360
M15 close above 1.3390 opens a retest of the 200dma at 1.3403
Loss of 1.3360 session low confirms continuation of the selloff
GBPUSD sold off through London to 1.33595 then stabilised, coiling in a tight 1.3376–1.3390 band through the quiet Asia hours. Price sits mid-range near 1.3385 with RSI(14) flat around 52; UK CPI has just crossed at 06:00 UTC and is the immediate catalyst for a range break.
Support: 1.3376, 1.33595, 1.3350
Resistance: 1.3390, 1.3403, 1.3412
What it said to watch
UK CPI just released — a soft print risks a break of the 1.3376 range floor toward the 1.33595 session low
M15 close above 1.3390 exposes the 200dma at 1.3403
GBPUSD sold off through the London-NY hours toward the 1.3360 session low, then based and has ground into a tight Asian-session range between 1.3373 and 1.3388. RSI(14) sits neutral near 49 and ATR is compressed to ~4 pips, reflecting the pre-data lull ahead of UK CPI.
Support: 1.3373, 1.33595
Resistance: 1.3387, 1.3399
What it said to watch
UK CPI at 06:00 UTC (~14 min) — high-impact print likely to break this range
M15 close above 1.3388 range top opens 1.3399 prior high
Loss of 1.3373 range floor exposes the 1.3360 session low
05:46 UTC
Down then flat, consolidating · RSI 46 · price 1.33809
Range-bound after London selloff.
GBPUSD sold off through London to a session low of 1.3359 then recovered, and has coiled in a tight 1.3374-1.3390 range through the quiet Asian session with RSI(14) flat near 46. Sterling stays capped below the 200dma at 1.3403 amid UK fiscal jitters, with volume drying up ahead of the catalyst.
Support: 1.3374, 1.33595
Resistance: 1.3390, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~125 min) is the catalyst and could break this range either way
Loss of 1.3374 range floor reopens the 1.3359 session low
Close above 1.3403 200dma needed to shift the read constructive
05:32 UTC
Downtrend stalled, now ranging · RSI 49 · price 1.33834
Tight consolidation above session lows.
GBPUSD sold off through the London-NY session to a 1.3359 low, then coiled into a tight 1.3370-1.3390 range through the Asian session, price now pinned to the EMA20 near 1.3383 with RSI flat around 49. UK CPI is imminent and dominates the near-term read.
Support: 1.3370, 1.3359, 1.3336
Resistance: 1.3390, 1.3403, 1.3445
What it said to watch
UK CPI at 06:00 UTC (~30min) is a HIGH-impact catalyst likely to break this range
M15 close below 1.3370 reopens the 1.3359 swing low
Close above 1.3390 targets the 1.3403 200dma
05:32 UTC
Downtrend cooling, now flat · RSI 50 · price 1.33834
Consolidation above session low after impulsive drop.
GBPUSD slid through London-NY toward 1.33595 as sterling logged a fourth down day on UK fiscal jitters, then flattened into a tight 1.3374–1.3390 consolidation through the Asian hours. Price is pinned just below the 200dma at 1.34030 with RSI back at 50 — no momentum in play ahead of UK CPI.
Support: 1.3375, 1.33595
Resistance: 1.3390, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~30m) is the primary catalyst and could break this consolidation either way
Close below 1.33595 confirms a fresh lower low
Reclaim of the 200dma at 1.34030 negates the downside read
05:17 UTC
Downtrend earlier, now flat · RSI 51 · price 1.3384
Consolidating just off session lows.
London hours sold GBPUSD off the 1.3455 high and swept the session low at 1.3360 before a bounce back to 1.3399. Since then price has gone flat in a tight Asian range 1.3370–1.3388, ATR compressed to ~4 pips ahead of UK CPI.
Support: 1.3370, 1.3360
Resistance: 1.3388, 1.3403
What it said to watch
UK CPI at 06:00 UTC can break this range in either direction
Loss of 1.3360 session low confirms a fresh lower-low
Reclaim of the 1.3403 200dma would neutralise the downside read
05:16 UTC
Downtrend paused, now ranging · RSI 52 · price 1.3384
Tight consolidation after impulsive drop.
GBPUSD has drifted sideways through the Asia session between 1.3373 and 1.3390 after London-NY selling flushed the pair to a 1.3359 swing low, with RSI(14) flat near 52 and ATR compressed to ~6 pips. Price sits just under the 200dma at 1.3403, which capped the recovery attempt.
Support: 1.3373, 1.3359
Resistance: 1.3390, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~125 min) is the dominant near-term risk and can break this range either way
M15 close above 1.3403 (200dma) would reopen the upside toward 1.3455
Loss of 1.3373 range floor exposes the 1.3359 swing low
05:02 UTC
Downtrend, now consolidating · RSI 51 · price 1.33835
Asian range after NY sell-off.
GBPUSD sold off through the NY session from 1.3450 to a swing low at 1.33595, then recovered to 1.33990 before settling into a tight Asian range around 1.3375-1.3388. Price is now flat near 1.3383 with RSI mid-range; sterling stays capped by UK fiscal jitters ahead of CPI.
Support: 1.33735, 1.33595
Resistance: 1.33896, 1.3399
What it said to watch
UK CPI at 06:00 UTC (~1h) is high-impact and can break this range
Close below 1.33735 reopens the 1.33595 swing low
Close above 1.33990 needed to shift the intraday structure
Cable is basing in a tight 1.3375–1.3388 band through the Asian session after the NY leg lower that swept 1.3359, RSI(14) flat near 51. Price sits pinned just under the 200dma at 1.3403 with fiscal jitters capping any bounce; overnight volume is thin ahead of the London open.
Support: 1.3375, 1.3359
Resistance: 1.3388, 1.3399, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~125 min) is the dominant near-term catalyst for this read
M15 close above 1.3403 (200dma) invalidates the sub-200dma range read
Loss of 1.3359 confirms continuation of the NY lower-low
GBPUSD sold off through the London-NY session into a day low of 1.3359 as fiscal jitters and a firmer USD weighed, then based and drifted back to 1.3384. Price has spent the Asia session coiling in a tight 1.3375-1.3390 range, RSI(14) neutral near 48.
Support: 1.3375, 1.3359
Resistance: 1.3390, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~75 min) could break the Asian range in either direction
Close below 1.3359 day low confirms a lower low
Reclaim of 1.3403 200dma would shift the near-term read
04:47 UTC
Downtrend paused, flat · RSI 52 · price 1.33843
Consolidation after sell-off.
London/NY session drove GBPUSD from 1.3455 down to a 1.3360 session low; Asia has since gone flat, coiling in a tight 1.3375–1.3390 band with RSI back near 52. Price is holding a shallow base above the 200dma at 1.3403, which caps overhead.
Support: 1.3375, 1.3360
Resistance: 1.3390, 1.3399, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~125m) is the dominant catalyst and can break this range
M15 close below 1.3375 reopens the 1.3360 session low
Reclaim of 1.3390 puts the 1.3399 prior high back in play
04:32 UTC
Downtrend stalling into range · RSI 48 · price 1.33825
Consolidation above day low after selloff.
GBPUSD sold off hard through the London-NY session to a day low of 1.33595 as fiscal jitters and a firmer USD weighed, then recovered and has since coiled into a tight 1.3375-1.3390 range through the Asian session. Price is pinned around EMA20 with RSI flat near 48 — no directional momentum, just chop ahead of the data.
Support: 1.3371, 1.33595
Resistance: 1.3390, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~90 min) — the driver that resolves this range
M15 close below 1.33710 reopens the day low at 1.33595
Reclaim of 1.33900 session high needed to challenge the 200dma at 1.34030
04:31 UTC
Downtrend stalling, now consolidating · RSI 49 · price 1.33825
Range after London-NY selloff.
GBPUSD sold off through the London-NY session to 1.33595 before a bounce to 1.33990, then spent the Asia session grinding in a tight 1.33740–1.33900 range on thin volume. Price sits at 1.33825, mid-range and pinned below the 200dma at 1.34030 into the UK CPI print.
Support: 1.3374, 1.33595
Resistance: 1.3390, 1.3399, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~90 min) is the dominant driver for the next bars
Loss of 1.33740 reopens the 1.33595 session low
Close back above 1.33990 challenges the 200dma at 1.34030
04:17 UTC
Downtrend stalled into consolidation · RSI 47 · price 1.33825
Range-bound after impulsive leg down.
GBPUSD sold off from 1.3455 to a session low at 1.3359 during the prior session, then coiled into a tight 1.3374–1.3390 range as Sterling steadies ahead of UK CPI. RSI(14) sits neutral near 47 and ATR has compressed to ~5 pips, reflecting low-volatility pre-event drift below the 200dma at 1.3403.
Support: 1.3374, 1.33595
Resistance: 1.3390, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~105 min) is the primary catalyst to break the range
Close below 1.3374 reopens the 1.3359 session low
Reclaim of 1.3390 puts the 200dma at 1.3403 back in play
04:17 UTC
Downtrend earlier, now flat · RSI 52 · price 1.33825
Consolidation after session selloff.
GBPUSD sold off through London-NY from 1.3455 to a session low of 1.33595 as fiscal jitters and a firmer USD weighed on sterling. Price has since consolidated in a tight 1.3370–1.3388 range into the Asia session, RSI(14) neutral near 52.
Support: 1.3369, 1.33595
Resistance: 1.3388, 1.3399
What it said to watch
UK CPI at 06:00 UTC (~105 min) could break the 1.3370–1.3388 range
Close below 1.3370 range low reopens session low at 1.33595
Close above 1.3388 range top exposes swing high at 1.3399
04:02 UTC
Downtrend stalling, now flat · RSI 51 · price 1.33823
Consolidation above session low.
GBPUSD slid to 1.3359 during the NY session on GBP fiscal jitters and a firmer USD, then recovered and has coiled in a tight 1.3372–1.3390 range through the quiet Asian session. RSI(14) sits neutral near 51 with ATR compressed to ~6 pips — no directional structure in play into UK CPI.
Support: 1.3372, 1.33595
Resistance: 1.3390, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~125 min) is the dominant near-term risk and could break this range
Close below 1.3372 exposes the 1.3359 session low
Reclaim of 1.3390 and the 1.3403 200dma needed to shift the intraday read higher
04:02 UTC
Downtrend stabilising into range · RSI 49 · price 1.33823
Tight consolidation above session low.
GBPUSD sold off through NY hours to a session low at 1.33595 on UK fiscal jitters, then recovered and has coiled into a thin 1.3370–1.3399 range through Asia. Price sits back at EMA20 with RSI(14) neutral near 49; the 200dma at 1.3403 caps overhead.
Support: 1.3370, 1.33595
Resistance: 1.3399, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~2h) is the dominant risk and can break this range either way
Loss of 1.3370 reopens the 1.33595 session low
M15 close above 1.3403 (200dma) shifts the read toward the 1.3399 bounce high and beyond
03:47 UTC
Downtrend, now flat · RSI 52 · price 1.3384
Consolidation after impulsive selloff.
Sterling sold off from the 1.3455 session high to 1.3360 during London-NY hours as a US-Iran safe-haven USD bid weighed; Asian session since has gone quiet, coiling in a tight 1.3373-1.3390 band on thin volume. RSI(14) sits neutral near 52 and ATR is compressed at ~4 pips — no directional development in play.
Support: 1.3373, 1.3360
Resistance: 1.3390, 1.3403, 1.3455
What it said to watch
UK June CPI at 06:00 UTC (~2h) is the dominant near-term catalyst and can break this range either way
M15 close above 1.3403 (200dma pivot) reopens the path toward the 1.3455 session high
Break below 1.3373 range base exposes the 1.3360 swing low
GBPUSD sold off through London-NY to a 1.3359 session low as fiscal jitters and a firmer USD safe-haven bid weighed, then stabilised. Asia hours have been quiet, grinding in a 1.3374-1.3390 band with RSI neutral near 53 and ATR compressed to ~6 pips.
Support: 1.3374, 1.3359
Resistance: 1.3390, 1.3400
What it said to watch
UK June CPI at 06:00 UTC (~2.5h) is the catalyst and could break this range
Close below 1.3374 reopens the 1.3359 session low
Close above 1.3390 range top exposes 1.3400 psych
03:32 UTC
Consolidation after sell-off · RSI 57 · price 1.3386
Asian range holding above 1.3374, capped near 1.3390.
London/NY dumped Sterling from the 1.3455 session high to 1.3360 yesterday on a revived USD safe-haven bid; the Asian session has since ground out a tight recovery between 1.3374 and 1.3390. Price sits at 1.3386 just under the range top, RSI(14) neutral near 57 and ATR compressed into a quiet pre-London tape.
Support: 1.3374, 1.3360
Resistance: 1.3390, 1.3399, 1.3455
What it said to watch
UK June CPI at 06:00 UTC (~165 min) could materially shift this read
M15 close above 1.3390 range top opens the path back toward 1.3399 then 1.3455
Failure to hold 1.3374 asia low exposes the 1.3360 session low
03:31 UTC
Consolidation after sell-off · RSI 54 · price 1.3386
Ranging 1.3374–1.3390 post-drop.
Asia session grinding a tight 1.3374–1.3390 band after yesterday's sell-off bottomed at 1.3360; RSI(14) neutral near mid-range. Recovery off the low capped at the 1.3400 psych level, price now hugging the range top into the UK CPI print.
Support: 1.3374, 1.3360
Resistance: 1.3390, 1.3400, 1.3455
What it said to watch
UK June CPI at 06:00 UTC (~150min) is the dominant catalyst for this read
M15 close above 1.3400 opens the path back toward 1.3455
Loss of 1.3360 confirms a lower low
03:17 UTC
Downtrend stabilising into range · RSI 54 · price 1.33832
Consolidation after London-NY selloff.
GBPUSD sold off from 1.3455 to 1.33595 through the London-NY session on the safe-haven USD bid, then consolidated the 1.3374-1.3390 band through quiet Asia. Price has ticked back to 1.3383 with RSI(14) neutral near 54; range still intact ahead of UK CPI.
Support: 1.3374, 1.33595
Resistance: 1.3390, 1.3399
What it said to watch
close above 1.3390 session high opens 1.3399 recent high
loss of 1.3374 asian floor exposes 1.33595 swing low
NY session drove GBPUSD down to 1.3359 on a revived USD safe-haven bid, then a shallow recovery. Asian session is grinding in a tight 1.3374–1.3390 band on thin volume, RSI(14) neutral near 51.
Support: 1.3374, 1.33595
Resistance: 1.3390, 1.3399
What it said to watch
UK June CPI at 06:00 UTC (~165min) is the dominant catalyst for this range
M15 close above 1.3390 opens the path back to 1.3399
Loss of 1.3374 reopens the 1.3359 session low
03:02 UTC
Downtrend stalling, now ranging · RSI 55 · price 1.33862
Asia consolidation after slide, holding off 1.3360 low.
Asia session ground into a tight 1.3375-1.3390 range after Monday's slide bottomed at the 1.3360 swing low; price recovered off the low and sits just under the range top. RSI(14) neutral near 55 with ATR(14) around 37 pips — no intraday setup while UK CPI at 06:00 UTC looms as the imminent catalyst.
Support: 1.3375, 1.33595
Resistance: 1.33896, 1.3403
What it said to watch
UK CPI at 06:00 UTC could break the range in either direction
M15 close above the 1.3403 200dma opens 1.3426
Loss of 1.3375 range floor exposes the 1.3360 swing low
03:01 UTC
Recovered off lows, now consolidating · RSI 55 · price 1.33862
Tight range after sharp selloff.
A sharp London-NY selloff bottomed at 1.3359, after which price recovered and coiled into a tight 1.3374–1.3390 band through the Asia session. RSI(14) sits neutral near mid-range with ATR compressed to ~14 pips; the read is dormant ahead of UK CPI.
Support: 1.3374, 1.33595
Resistance: 1.3390, 1.3403, 1.3426
What it said to watch
UK CPI at 06:00 UTC (~3h out) is the binary driver — likely to break this Asian range either way
M15 close above 1.3390 swing high opens the 1.3403 200dma
Failure to hold 1.3374 swing low re-exposes the 1.3359 session low
Range-bound after London selloff, minor higher lows into CPI.
GBPUSD sold off through London to 1.33595 amid UK fiscal jitters, then based and ground back to 1.3386 through the quiet Asia session. Price is coiling below the 1.33990 recovery high with a series of minor higher lows; UK CPI at 06:00 UTC is the near-term catalyst.
Support: 1.3374, 1.33595
Resistance: 1.3399, 1.3403
What it said to watch
UK CPI at 06:00 UTC could break this consolidation either way
M15 close above 1.33990 then 1.34030 200dma opens upside
Loss of 1.33740 session low reopens the 1.33595 swing low
02:47 UTC
Downtrend stalled, now consolidating · RSI 60 · price 1.33859
Tight range after NY sell-off, coiling.
GBPUSD sold off through the NY session to a low of 1.33595, then based and consolidated in a tight 1.3374-1.3390 band through Asia on compressed ATR. Price is grinding the range top at 1.3386 into thin pre-London liquidity, RSI mid-range with no momentum extreme.
Support: 1.3374, 1.33595
Resistance: 1.3390, 1.3403
What it said to watch
UK CPI at 06:00 UTC (high impact) can break this range in either direction
M15 close above 1.3390 range top exposes the 1.3403 200dma
Break below 1.3374 range floor reopens the 1.33595 session low
02:32 UTC
Downtrend stabilising into consolidation · RSI 54 · price 1.33867
Range basing after selloff to 1.3360.
London-NY selloff drove GBPUSD to a session low of 1.33595 before an ascending base formed through the quiet Asian session, price now grinding at 1.3387. Consolidating between the 1.3374 recent low and 1.3399 prior high, with the 200dma at 1.3403 capping just above; RSI(14) mid-range near 54.
Support: 1.3374, 1.33595
Resistance: 1.3399, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~3.5h) is the dominant risk to this range read
Close above 1.3403 200dma opens the path back toward the selloff origin
Loss of 1.3374 recent low re-exposes the 1.33595 session low
GBPUSD sold off through the London-NY session to a low at 1.33595, bounced to 1.33990, and has since coiled in a tight 1.3370-1.3390 band through Asia. RSI mid-range, ATR compressing — no directional impulse in play. Sterling holding just above the 200dma zone flagged near 1.3403.
Support: 1.33717, 1.33595
Resistance: 1.3399, 1.34067
What it said to watch
UK CPI at 06:00 UTC (~3.5h out) could break the 1.3370-1.3390 consolidation
Close above 1.33990 reopens the upside toward the 1.34067 fib
Loss of 1.33717 puts the session low at 1.33595 back in play
02:17 UTC
Sideways after NY selloff · RSI 56 · price 1.33839
Tight range post-decline.
NY hours drove a slide from 1.3455 into a 1.3360 sweep low, then price recovered and has coiled 1.3373–1.3387 through the Asia session on thin volume. Price sits just above EMA20/50 with RSI(14) neutral near 56; no directional structure in play.
Support: 1.3373, 1.3360
Resistance: 1.3387, 1.3399, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~4h out) is the key driver — likely to break this range
M15 close above 1.3387 opens a retest of 1.3399/1.3403
Loss of 1.3373 puts the 1.3360 day low back in play
Consolidation above session low after London selloff.
London session sold off to 1.3360 before buyers stepped in, and Asian hours have coiled into a tight 1.3374–1.3387 range on thin volume. RSI(14) neutral near 52; no setup in play into the UK CPI print.
Support: 1.3374, 1.3360
Resistance: 1.3387, 1.3399
What it said to watch
UK CPI at 06:00 UTC (~4h out) can break this range in either direction
M15 close above 1.3399 reopens the path toward 1.3410
Failure to hold 1.3374 puts the 1.3360 session low back in play
GBP/USD sold off through the NY session from 1.3455 to a 1.3360 session low, then based and consolidated in a tight 1.3369–1.3387 range through Asia. RSI(14) near 54 and ATR compressed to ~5 pips as the pair coils ahead of UK CPI.
Support: 1.3369, 1.33595
Resistance: 1.3387, 1.3399, 1.3403
What it said to watch
UK CPI at 06:00 UTC (~4h out) could break this range
M15 close above 1.3387 range high opens path to 1.3399 swing high / 1.3403 200dma
Loss of 1.3369 range low reopens the 1.3360 session low
02:02 UTC
Downtrend cooled, now consolidating · RSI 53 · price 1.33825
Range after impulsive drop.
GBPUSD sold off through the London-NY session from 1.3455 to a 1.33595 low, then recovered and has been ranging 1.3371-1.3388 through the quiet late Asia hours. RSI(14) neutral near 53, no directional momentum in play as the pair sits just above EMA20.
Support: 1.3371, 1.33595
Resistance: 1.33877, 1.3399
What it said to watch
UK CPI at 06:00 UTC (~4h) is the key risk that could break this range
M15 close above 1.33877 opens the path back to 1.33990
Quiet Asia session consolidation after the London-NY leg lower toward 1.3400 on UK fiscal jitters; price recovered off the 1.33686 session low and sits near 1.33824, into a 38.2% retrace of the fall from 1.34553. RSI(14) neutral near 55 and ATR compressed to ~4 pips in thin trade — no setup in play.
Support: 1.33686, 1.33595
Resistance: 1.3387, 1.3400
What it said to watch
UK CPI at 06:00 UTC (~4h) is the key catalyst and could break this range
Loss of the 1.33686 session low reopens the 1.33595 swing low
Close above the 1.33870 swing high toward 1.3400 psych shifts the consolidation higher
01:46 UTC
Downtrend, now consolidating near lows · RSI 51 · price 1.33824
Lower highs into a base above the session low.
GBPUSD sold off through the London-NY session to a 1.33595 low on UK fiscal jitters, then recovered to base in a tight 1.3370-1.3390 range through Asia. Price is pinned just under the 200dma / 1.3400 resistance with RSI(14) flat near 50 — no directional impulse in the current low-volume session.
Support: 1.3370, 1.33595
Resistance: 1.3390, 1.3400
What it said to watch
UK CPI at 06:00 UTC (~4h) is the dominant catalyst and could break this range either way
Loss of 1.3370 exposes the 1.33595 session low
M15 close above 1.3400 unwinds the lower-high structure toward 1.3448
Asia session grinding in a tight 1.3374–1.3387 range after London-NY dragged GBPUSD off the 1.3455 highs to a 1.33595 day low on UK fiscal jitters. RSI(14) mid-range near 54 with price holding just above EMA20 — no setup in play, thin volume typical of early Asia.
Support: 1.3374, 1.33595
Resistance: 1.3387, 1.3399
What it said to watch
UK CPI at 06:00 UTC (~4.5h) is the key catalyst for this range
M15 close below 1.3374 range floor reopens the 1.33595 day low
Break above 1.3387 range top exposes the 1.3399 swing high
01:32 UTC
Downtrend, now consolidating · RSI 53 · price 1.33815
Range after selloff to session low.
GBPUSD sold off through the prior London-NY session to a low of 1.33595 on UK fiscal jitters, then recovered into a tight 1.3374-1.3387 range in thin Asian trade. Price is holding near 1.3382 with RSI back to neutral; no directional structure in play, and the 1.3400 200dma caps overhead.
Support: 1.3374, 1.33595
Resistance: 1.3387, 1.3400
What it said to watch
UK CPI at 06:00 UTC (~4.5h) is the key catalyst and can break this range
M15 close above 1.33870 opens 1.34000
Loss of 1.33740 puts session low 1.33595 back in focus
01:17 UTC
Downtrend, basing after selloff · RSI 56 · price 1.33855
Consolidation above session low.
A sharp London-NY selloff dropped cable from 1.3455 to 1.33595 on fiscal-driven GBP weakness, and price has since consolidated 1.3374-1.3390 through the quiet Asian session. RSI(14) has recovered to the mid-50s off the lows; the range top near 1.3390 is capping, with the 1.3400 psych level above.
Support: 1.3374, 1.33595
Resistance: 1.3399, 1.3400
What it said to watch
UK CPI at 06:00 UTC (~5h) is the key catalyst and could shift this read materially
Close above 1.3400 invalidates the consolidation-below-resistance read
Failure to hold 1.33740 reopens the 1.33595 session low
GBPUSD sold off through the US session on UK fiscal jitters, sweeping down to 1.33595 before buyers stepped in. Price has since based and drifted up to 1.3386 in thin Asia trade; RSI(14) neutral near 57, ATR compressed to ~5 pips. Consolidating 1.3374–1.3388 ahead of UK CPI.
Support: 1.3374, 1.33595
Resistance: 1.33877, 1.3400, 1.3446
What it said to watch
UK CPI at 06:00 UTC (~4.75h) is the key catalyst and could reset this range
Close above 1.33877 opens the path toward the 200dma at 1.3400
Loss of 1.3374 puts the 1.33595 swing low back in play
01:02 UTC
Downtrend, basing in Asia · RSI 57 · price 1.33857
Range after NY-session slide.
GBPUSD slid to 1.33595 during the NY session on UK fiscal jitters, then based through thin Asia hours, ranging 1.3370-1.3387 on light volume. Current bar ticks the range top at 1.33869 with RSI mid-range; no directional resolution yet.
Support: 1.3370, 1.33595
Resistance: 1.33869, 1.33987
What it said to watch
UK CPI at 06:00 UTC (~5h) is the dominant catalyst and can break this range either way
M15 close above 1.33869 opens 1.33987; failure to hold 1.33700 re-exposes 1.33595
01:01 UTC
NY downtrend, Asia recovering · RSI 57 · price 1.33857
Recovery off session low into consolidation.
GBP sold through the NY session to a low of 1.33595 as UK fiscal jitters dragged, then recovered into the Asia session where it is grinding sideways around 1.3385 just under the recovery high. Price sits back above the EMA20/50 with RSI at 57, but the broader intraday structure remains lower after the drop from 1.3455.
Support: 1.3374, 1.33595, 1.3340
Resistance: 1.33869, 1.3399
What it said to watch
UK CPI at 06:00 UTC (~5h) is the dominant risk and could reprice this read sharply
Break above 1.33869 extends the recovery toward 1.33990
Loss of 1.33740 reopens the 1.33595 session low, then 1.3400 zone below
00:47 UTC
Downtrend, stabilising off lows · RSI 53 · price 1.33817
Tight Asian range above session low.
NY hours sold GBP down to a 1.33595 session low near 13:15 UTC on UK fiscal jitters, before a grind back up. Asia session has coiled into a thin 1.3370-1.3386 range, RSI(14) neutral near 53 and ATR barely 6 pips — no setup in play.
Support: 1.3370, 1.33595
Resistance: 1.33863, 1.3399
What it said to watch
UK CPI at 06:00 UTC could break the 1.3370-1.3386 range
M15 close above 1.33863 opens a retest of the 1.33990 bounce high
Loss of 1.33700 puts the 1.33595 session low back in play
00:47 UTC
Downtrend, now basing · RSI 53 · price 1.33817
Consolidation after NY selloff.
GBPUSD sold off sharply through the London-NY session to a low of 1.33595 on UK fiscal jitters, then recovered into a tight consolidation between 1.33690 and 1.33869. Asia hours are quiet with the pair drifting at 1.33817 and RSI back near neutral; UK CPI at 06:00 UTC is the next catalyst.
Support: 1.3369, 1.33595, 1.3340
Resistance: 1.33869
What it said to watch
UK CPI at 06:00 UTC (~5h) could break this range
M15 close below 1.33690 reopens 1.33595 then 1.33400
Close above 1.33869 shifts the consolidation read higher
00:32 UTC
Downtrend, stabilising at lows · RSI 57 · price 1.33864
Sharp sell-off into Asian-session consolidation.
GBPUSD sold off sharply through NY hours to 1.33595 on UK fiscal jitters, then coiled into a tight Asian-session range as volume dried up. Price is grinding back toward the range top, RSI(14) near 57 and ATR compressed to ~4 pips; UK CPI at 06:00 UTC is the next catalyst.
Support: 1.3374, 1.33595
Resistance: 1.3399, 1.3400
What it said to watch
UK CPI at 06:00 UTC (~5.5h) could break the Asian range decisively
Close above 1.3399 session high opens the path back toward 1.3450
Failure to hold 1.3374 range floor reopens the 1.33595 swing low
00:31 UTC
Downtrend, recovering off lows · RSI 58 · price 1.33864
Session low swept, grinding higher lows into Asia.
Cable sold off through the London-NY session to a low of 1.33595 on the fiscal-driven GBP weakness, then based and recovered through the quiet Asian session, now ticking up to 1.33864 above EMA20. Micro higher lows are building off the low; RSI(14) has recovered to the high-50s.
Support: 1.3374, 1.33595
Resistance: 1.3392, 1.3399
What it said to watch
UK CPI at 06:00 UTC could materially shift this read
M15 close above 1.33920 opens the path to 1.33990
Failure to hold 1.33740 re-exposes the 1.33595 low
00:16 UTC
Downtrend, consolidating · RSI 47 · price 1.33814
Lower highs into a flat base above session low.
London-NY hours drove GBP down to 1.3360 amid UK fiscal jitters, and price has since flattened into a tight 1.3370-1.3385 base in thin Asia trade. RSI(14) has recovered off oversold to mid-range as selling paused, but price sits below EMA50 with 1.3400 (200dma) capping.
Support: 1.3360, 1.3336
Resistance: 1.3385, 1.3400
What it said to watch
UK CPI at 06:00 UTC (~5.75h) is the next catalyst and can reset this range
Break below 1.3360 confirms a lower-low and opens the 1.3336 area
Reclaim of 1.3400 would neutralise the downside read
00:16 UTC
Downtrend, now flat in Asia · RSI 54 · price 1.33814
Consolidation above session low after selloff.
GBPUSD sold off through the NY session on UK fiscal jitters, printing a low at 1.33595 before a bounce back to 1.33860. The Asia session has since gone quiet, coiling in a narrow 1.3374-1.3382 band with RSI back near neutral; the 23.6% retracement of the drop sits right at price.
Support: 1.33595, 1.33686
Resistance: 1.3386, 1.3400
What it said to watch
UK CPI at 06:00 UTC (~5.75h) is the key risk and could break this range decisively
Loss of 1.33595 session low opens the 200dma at 1.34000... note the 1.34000 area caps upside not down
Reclaim of 1.33860 swing high would end the Asian consolidation
00:02 UTC
Downtrend stalled, now flat · RSI 44 · price 1.33775
Consolidation after decline off 1.3455.
GBPUSD sold off through London-NY from 1.3455 to a 1.3360 session low, snapped back to 1.3399, and has since coiled in a tight 1.3369–1.3384 band through thin Asian hours. RSI mid-range with no momentum; the pair is idling below its recent EMAs as it holds above the 1.3400-zone reversal story into UK CPI.
Support: 1.33686, 1.33595
Resistance: 1.3384, 1.3399
What it said to watch
M15 close above 1.3384 breaks the Asian range and reopens 1.3399
Loss of 1.3369 reopens the 1.3360 session low
UK CPI Wed 06:00 UTC could materially shift this read
00:02 UTC
Downtrend, now flat in Asia · RSI 48 · price 1.33775
Consolidation above session low.
NY hours sold GBP down to a 1.33595 session low on fiscal jitters, then bounced to 1.3399 before fading. Price is now range-bound in a quiet Asia session around 1.3375, RSI(14) neutral near 48.
Support: 1.33595, 1.3369
Resistance: 1.3386, 1.3399
What it said to watch
M15 close below 1.33595 confirms a lower-low
Reclaim of 1.3386 swing high reopens the 1.3399 bounce high
UK CPI Wed 06:00 UTC is the key risk to this range read