GBP/USD AI Live Scan, 15-minute chart, Friday, 26 June 2026
Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
20:46 UTC
Uptrend stalled, pulling back · RSI 45 · price 1.31995
Consolidating below session high after rejection.
Cable ran to a session high of 1.32320 during NY before being rejected, fading back to consolidate around 1.3200 as the USD's post-PCE softness lost steam. Price is now hugging the 1.31960 session low with RSI mid-range; the two-day bounce off 7-month lows is stalling under the swing-high band.
Support: 1.3196, 1.3187
Resistance: 1.3223, 1.3232
What it said to watch
M15 close below 1.31960 confirms a lower-low and reopens the downside
Reclaim of 1.32230 swing high reanimates the bounce toward 1.32320
UK GDP Tue 06:00 UTC could materially shift this read
20:46 UTC
Uptrend stalled, pulling back · RSI 46 · price 1.32033
Consolidating below session high after fade.
Cable pushed to a session high of 1.3232 in NY hours then faded, with supply capping around 1.3225/1.3232; the two-day corrective bounce off 7-month lows on a softer Dollar is in play. Into the late session price is consolidating near 1.3200-1.3205, RSI(14) neutral around 46, holding above the 1.3196 swing low.
Support: 1.31963, 1.3187
Resistance: 1.32254, 1.32317
What it said to watch
M15 close below 1.31963 confirms a lower-low and reopens the 1.3187 area
Reclaim of 1.32254 would re-challenge the 1.32317 session high
UK GDP Tue 06:00 UTC could materially shift this read
NY session pushed Cable to a session high of 1.3232 before sellers capped it, fading the move back to 1.3196 as the soft USD bounce lost steam. Price now coils in a tight 1.3196–1.3205 band with RSI(14) flat near 48 — no setup in play into the late session.
Support: 1.31955, 1.31801
Resistance: 1.3210, 1.32317, 1.3245
What it said to watch
M15 close above 1.3232 reopens the path toward the 1.3245/1.3250 supply cap
Failure to hold 1.3196 confirms a lower-low and exposes 1.3180
UK GDP Tue 06:00 UTC could materially shift this read
20:31 UTC
Pullback after NY rally, drifting lower · RSI 45 · price 1.31999
Lower highs off session high, holding above swing low.
NY session pushed Cable to a 1.3232 session high before sellers faded it; price has since rolled over and is consolidating near 1.3200 into Asia, sitting on the 61.8% retrace of the NY rally. RSI(14) mid-40s with the 1.3196 swing low still intact.
Support: 1.3196, 1.3181
Resistance: 1.3232, 1.3245
What it said to watch
M15 close below 1.3196 opens the 1.3181 prior low
Reclaim of 1.3232 needed to neutralise the lower-high sequence
UK GDP Tue 06:00 UTC is the next material catalyst for this read
20:16 UTC
Pullback after intraday rally, now ranging · RSI 47 · price 1.31999
Lower highs off 1.3232 peak, holding 1.3195.
Cable faded from the NY session high at 1.32317 — part of the corrective bounce on a softer USD — and is now consolidating around 1.3200, the 61.8% retrace of the intraday rally off 1.31801. RSI sits mid-range near 46 and price has slipped below EMA20/50, a string of lower highs since the 1.3232 peak.
Support: 1.3200, 1.3195
Resistance: 1.32224, 1.32317
What it said to watch
M15 close below 1.31950 confirms a lower low
Reclaim of 1.32224 reopens the 1.32317 session high
UK GDP Tue 06:00 UTC could shift this read
20:16 UTC
Intraday pullback off session high · RSI 43 · price 1.31989
Lower highs since 1.3232 peak.
Cable topped at 1.3232 during NY hours and has faded roughly 30 pips, now hovering near session lows around 1.3199 on a softer USD bounce. Lower highs have stacked since the peak with RSI cooling toward the mid-40s; price sits below EMA20 and EMA50.
Support: 1.3195, 1.3181
Resistance: 1.3222, 1.3232
What it said to watch
Reclaim of 1.3222 needed to re-challenge the 1.3232 session high
Failure to hold 1.3195 confirms a lower low toward 1.3181
UK GDP Tue 06:00 UTC could materially shift this read
20:01 UTC
Intraday pullback from highs · RSI 43 · price 1.31989
Lower highs off 1.3231, basing near 1.3196.
Cable rallied through the NY session to a session high of 1.3231 before fading, helped by a softer USD as oil slid back. Price now consolidates near 1.3196 just under EMA20/50, RSI cooling toward 43 after the rejection at the highs.
Support: 1.3196, 1.3186, 1.3181
Resistance: 1.3217, 1.3231
What it said to watch
M15 close below 1.3196 confirms a lower-low and opens 1.3186
Reclaim of 1.3217 would neutralise the pullback read
UK GDP (Tue 06:00 UTC) could materially shift this range
20:01 UTC
Intraday pullback after rejection · RSI 42 · price 1.31963
Rejected session high, drift to base.
Cable pushed through the London-NY window to a session high at 1.3231 before being rejected, and has since faded back to the 1.3195 base with RSI cooling near 42. Price is consolidating just above support as the NY session winds down, with the broader bounce off 1.3140 lows still corrective.
Support: 1.3195, 1.3187, 1.31801
Resistance: 1.3220, 1.32317
What it said to watch
M15 close above 1.3220 reopens the 1.3231 session high
Loss of 1.3195 base exposes 1.3180 london low
UK GDP Tue 06:00 UTC could materially shift this read
19:46 UTC
Corrective up, pulling back · RSI 44 · price 1.31963
Rally then retracement off session high.
Cable topped at 1.3232 during NY hours and has since bled back ~37 pips to 1.3196, in line with the digest's corrective bounce off the 1.3140 YTD low. Pullback now sitting between the 61.8% and 78.6% fib of the 1.3180-1.3232 leg, RSI cooling to the low-40s as the session winds down.
Support: 1.3195, 1.3187, 1.3180
Resistance: 1.3214, 1.32317, 1.3245
What it said to watch
M15 close below 1.3195 session low opens 1.3180
reclaim of 1.3214 lower-highs line neutralises the pullback
UK GDP Tue 30 Jun is the key catalyst beyond this window
19:46 UTC
Intraday pullback after rally · RSI 42 · price 1.31955
Lower highs off session high, pressing 1.3200 from below.
NY session faded from the 1.3232 session high, printing a chain of lower highs into the close and now drifting below the 1.3200 round number, which lines up with the 0.618 retracement of the prior 1.3181-1.3232 advance. The lift was USD-led short-covering off YTD lows per context; momentum has cooled with RSI(14) back near 42.
Support: 1.3190, 1.3181
Resistance: 1.3200, 1.3223, 1.32317
What it said to watch
Reclaim and hold above 1.3200 round number reopens the 1.3232 session high
Failure to hold 1.3190 swing low confirms continuation toward 1.3181 session low
19:31 UTC
Pullback after intraday rally · RSI 42 · price 1.31955
Lower highs since session peak.
Cable rejected the session high at 1.32317 during NY hours and faded back to 1.31955, a corrective lift off YTD lows on a softer USD. Lower highs since the peak with price now back below EMA20/50; RSI(14) near 42 as momentum cools into the late-NY drift.
Support: 1.3187, 1.3181
Resistance: 1.3210, 1.3225, 1.32317
What it said to watch
M15 close back above 1.32100 reopens the session high at 1.32317
Break of 1.31870 swing low confirms the pullback extending toward 1.31810
Cable rallied through NY to a session high at 1.3232 then was rejected, fading back to 1.3200 and now sitting on the 61.8% retrace of the 1.3180-1.3232 move. Price is consolidating in a tight 1.3197-1.3210 band, RSI cooling to the low 40s after the rejection.
Support: 1.3197, 1.3180
Resistance: 1.3210, 1.3232
What it said to watch
M15 close below 1.3197 opens the path to the 1.3180 swing low
Reclaim of 1.3210 would re-engage the session high at 1.3232
Cable pushed to a NY session high of 1.32317 on the faltering USD post-PCE before rolling over; price has since traced lower highs and is consolidating back at 1.3200. RSI(14) mid-range near 44, price slipping below EMA20/50 as the corrective lift stalls.
Support: 1.3197, 1.31811
Resistance: 1.32224, 1.32317
What it said to watch
M15 close below 1.31970 confirms a lower low toward 1.31811 session low
Reclaim of 1.32224 prior high needed to re-open the session high at 1.32317
19:16 UTC
Pullback off session high · RSI 43 · price 1.31997
Lower highs after rejection at 1.32317.
Cable pushed to a session high of 1.32317 during NY hours then faded in a chain of lower highs, now hovering on the 1.32000 round number at the 61.8% retrace of the 1.31801-1.32317 leg. The lift was USD-led short-covering per the digest, not Sterling demand; RSI(14) has cooled to the mid-40s as the bounce stalls.
Support: 1.3197, 1.31801
Resistance: 1.32224, 1.32317
What it said to watch
M15 close above 1.32224 invalidates the lower-high sequence
Loss of 1.31970 session low opens 1.31801 swing low
Thin late-NY liquidity into Friday close can exaggerate moves
19:01 UTC
Pulled back from NY high, drifting lower · RSI 46 · price 1.31997
Lower highs after rejection, back below EMAs.
Cable peaked at 1.3232 during NY hours then faded back to 1.3200 as the USD steadied post benign PCE, RSI(14) cooling to mid-40s. Price now sits below EMA20/50, holding just above the 1.3197 swing low into the late session.
Support: 1.3197, 1.31801
Resistance: 1.32317, 1.3245
What it said to watch
M15 close below 1.3197 opens the 1.3180 session low
Reclaim of 1.3232 needed to reopen the 1.3245 cap
UK GDP Tue 06:00 UTC could reset this range
19:01 UTC
Pullback from session high · RSI 43 · price 1.32013
Ranging below 1.3231 high, holding 1.3197.
Cable drifted off the 1.32317 session high through late NY and is now testing the 1.3200 psych level, having lifted for a second day on a softer USD post-PCE. Price holding above the 1.3197 swing low; rejection at the 1.3224 prior high has kept the intraday range capped.
Support: 1.3200, 1.3197, 1.3185
Resistance: 1.3224, 1.32317
What it said to watch
M15 close below 1.3197 confirms a lower-low and opens the 1.3185 NY low
Reclaim of 1.3224 prior high reopens the 1.32317 session high
UK GDP Tue 06:00 UTC could materially shift this read
Cable rallied through NY to a session high of 1.32317 on a softer USD post-PCE, capped below the 1.3245 resistance, then faded to the 1.3200 round number into late NY. RSI(14) cooling near 42 with a chain of lower highs since the peak; price now consolidating just above 1.3200.
Support: 1.3200, 1.3197, 1.3181
Resistance: 1.32317, 1.32224, 1.3245
What it said to watch
M15 close below 1.31970 confirms a lower low and exposes the 1.31810 day low
Reclaim of 1.32317 needed to challenge the 1.3245 cap
18:46 UTC
Uptrend pausing, pulling back · RSI 43 · price 1.32032
Pullback from session high into mid-range consolidation.
NY session rallied to a high of 1.32317 then faded, with price now consolidating near 1.3203 below the EMA20 as RSI(14) cooled to the low-40s. The leg up off the 1.31811 London low has stalled, and price is holding above the 1.31970 dip after rejection at the 1.3223–1.3232 supply.
Support: 1.3197, 1.31811
Resistance: 1.3223, 1.32317
What it said to watch
M15 close above 1.32230 reopens the 1.32317 session high
Failure to hold 1.31970 confirms a lower low toward 1.31811
UK GDP Tue 06:00 UTC could materially shift this read
18:31 UTC
Uptrend faded, pulling back · RSI 44 · price 1.32032
NY rally to 1.3231 rejected, now consolidating sub-1.3205.
Cable pushed to a 1.3231 session high during NY hours as the USD rally faltered post-PCE, then faded and is now consolidating around 1.3200-1.3205 late session. RSI(14) has cooled to the mid-40s and price slipped back below EMA20/50 on the pullback.
Support: 1.3197, 1.3181
Resistance: 1.3217, 1.3231
What it said to watch
M15 close back above 1.3217 re-opens the 1.3231 session high
Loss of 1.3197 session base exposes the 1.3181 swing low
UK GDP Tue 06:00 UTC could materially shift this read
18:31 UTC
Pullback after NY session high · RSI 44 · price 1.32032
Lower highs into consolidation below EMA20.
Cable pushed to a session high of 1.3232 during NY before fading, with USD steadying after the in-line Core PCE; price now drifts around 1.3203 below the EMA20 with RSI(14) in the mid-40s. Lower highs since 1.3232 have stalled the rebound while 1.3197 caps the downside.
Support: 1.3197, 1.31811
Resistance: 1.3216, 1.32317
What it said to watch
Loss of 1.3197 swing low opens the 1.3181 intraday low
Reclaim of 1.3216 pivot reopens the 1.3232 session high
UK GDP Tue 06:00 UTC could shift this read
18:16 UTC
Intraday uptrend rolling over · RSI 43 · price 1.32004
Lower highs off 1.3231, holding 1.3197.
Cable rallied through the NY session to a 1.3231 high as the USD bid faltered post-PCE, then faded into a string of lower highs. Price has retraced to the 61.8% fib of the up-leg, parking on the 1.3197 session low with RSI(14) cooled to ~42.
Support: 1.3197, 1.3187
Resistance: 1.32231, 1.32317
What it said to watch
M15 close below 1.3197 confirms a lower low, opening 1.3187
Reclaim of 1.32231 lower high negates the pullback
UK GDP Tue 06:00 UTC could materially shift this read
18:16 UTC
Pullback after NY rally, momentum fading · RSI 44 · price 1.32004
Fading off session high, holding 1.3200.
NY session pushed cable to a 1.32317 high before fading, helped by a softer USD post-PCE; price has since retraced ~60% of the intraday rally and is sitting on the 1.3200 round number with RSI cooling to ~43. Volume thin into the late-NY close, no fresh structure in play.
Support: 1.3197, 1.31811
Resistance: 1.32224, 1.32317
What it said to watch
Loss of 1.3197 swing low confirms a lower-low
Reclaim of 1.32224 swing high needed to resume the rally
UK GDP Tue 06:00 UTC is the next catalyst for this read
18:01 UTC
Uptrend stalling, rolling over · RSI 41 · price 1.32004
Pullback from session high, testing 1.3200.
Cable rallied through the NY session to a session high of 1.32317 as the USD eased post-PCE, then got rejected and faded back to the 1.3200 handle. RSI(14) has cooled to ~41 and price has slipped below the EMA20/50 cluster, with a chain of lower highs capping the pullback.
Support: 1.31972, 1.3190
Resistance: 1.3223, 1.32317
What it said to watch
M15 close below 1.31972 confirms a lower-low and exposes 1.3190
Reclaim of 1.32230 reopens the 1.32317 session high
UK GDP Tue 06:00 UTC could materially shift this read
18:01 UTC
Intraday uptrend, pulling back · RSI 46 · price 1.32027
Rejection at session high, lower highs since.
NY session ran cable up to 1.32317 before rejection, with RSI(14) cooling back to the mid-40s as the move faded. Price has since carved lower highs and is drifting back into the 1.3200 psych level after the softer-USD bid post-PCE lost steam.
Support: 1.3200, 1.3197, 1.3187
Resistance: 1.32224, 1.32317
What it said to watch
M15 close above 1.32224 reopens the 1.32317 session high
Loss of 1.31970 confirms a lower low and exposes 1.31870
UK GDP Tue 06:00 UTC could materially shift this read
17:46 UTC
Intraday pullback after NY rally · RSI 45 · price 1.32027
Fading off session high, holding 1.3200.
Cable rallied through the NY session to a session high of 1.3232 on a softer USD post-PCE, then faded back to the 1.3200 round level where it's now flat. RSI(14) cooling to mid-40s as the move unwound to the 61.8% retrace of the intraday push.
Support: 1.3200, 1.3197, 1.3181
Resistance: 1.3225, 1.32317
What it said to watch
M15 close below 1.3197 confirms a lower low and opens 1.3181
Reclaim of 1.3225 reopens the 1.3232 session high
UK GDP Tue 06:00 UTC could materially shift this read
NY session ran up to a 1.3231 session high then rejected, fading back to 1.3204 as GBP held above 1.3200 on a softer USD post-PCE. Now consolidating between 1.3197 and 1.3222 with RSI(14) cooling into the mid-40s.
Support: 1.3197, 1.3185
Resistance: 1.3222, 1.3231
What it said to watch
M15 close below 1.3197 confirms a lower low and exposes the 1.3185 session low
Reclaim of 1.3222 reopens the 1.3231 session high
UK GDP Tue 06:00 UTC could materially shift this read
17:31 UTC
Pullback after session-high rejection · RSI 46 · price 1.3204
Rolling over from intraday peak, retracing the rally.
Cable pushed through the NY session to a high of 1.3231 then got rejected, fading back to 1.3204 as the USD pullback stalled post-PCE. Price has retraced roughly 60% of the rally and is coiling near 1.3205, RSI(14) cooling to the mid-40s with the swing low at 1.3197 holding so far.
Support: 1.3197, 1.3187
Resistance: 1.3221, 1.3231, 1.3245
What it said to watch
M15 close below 1.3197 swing low confirms a lower-low and opens 1.3187 prior low
Reclaim of 1.3221 recent high re-exposes the 1.3231 session high
1.3245 key cap is the wider ceiling capping rebounds
17:31 UTC
Uptrend stalling, pulling back · RSI 45 · price 1.32064
Lower highs off session high, testing intraday support.
NY session pushed cable to a session high of 1.32317 before sellers capped it, with rebounds losing steam as the USD pullback faltered post-PCE. Price has since rolled over into a chain of lower highs and is now probing the 1.32043 swing low, RSI(14) cooling to the mid-40s and price slipping below both EMAs.
Support: 1.32043, 1.3197, 1.31801
Resistance: 1.32224, 1.32317, 1.3245
What it said to watch
M15 close below 1.32043 confirms a lower-low and opens 1.3197
Reclaim of 1.32224 swing high re-engages the session high at 1.32317
UK GDP Tue 06:00 UTC could materially shift this read
Rally to session high then rejection, now retracing.
Cable pushed to a session high of 1.32317 during NY hours then got rejected, RSI(14) cooling back to the mid-40s as the softer USD post-PCE tailwind faded. Price has unwound to the 1.3204 session low and is hovering near the 50% retrace of the 1.3180-1.3232 rally.
Support: 1.32042, 1.3197, 1.3187
Resistance: 1.32224, 1.32317
What it said to watch
M15 close below 1.32042 opens the path to the 1.3197 swing low
Reclaim of 1.32224 needed to retest the 1.32317 session high
17:16 UTC
Intraday uptrend, pulling back · RSI 44 · price 1.32045
Rally off lows stalling below 1.3232 session high.
NY session pushed cable to a session high of 1.3232 on a softer USD after in-line US PCE, but the move stalled and price is now retracing toward the 1.3200 round number, dropping below EMA20. A lower high at 1.3222 followed the peak; RSI(14) has cooled into the mid-40s as the pullback develops.
Support: 1.3200, 1.3197, 1.31811
Resistance: 1.32224, 1.32317
What it said to watch
M15 close below 1.31970 confirms a lower low and ends the intraday HH/HL chain
Reclaim of 1.32224 needed to re-expose the 1.3232 session high
1.3200 round number — area to watch for a bounce or break
17:01 UTC
Intraday uptrend, pulling back · RSI 46 · price 1.32045
Retrace into 1.3200 after session-high rejection.
NY session drove cable up to a session high of 1.3232 on broad USD softness after in-line core PCE, then faded back into the 1.3200 round number with RSI(14) cooling to the mid-40s. Price is now mid-retrace of the 1.3180-1.3232 advance, holding just above the psych level.
Support: 1.3200, 1.31972, 1.31801
Resistance: 1.3225, 1.32317
What it said to watch
M15 close below 1.31972 confirms a lower-low and ends the intraday up-leg
Reclaim of 1.3225 reopens the 1.32317 session high
UK GDP Tue 06:00 UTC could materially shift this read
17:01 UTC
Uptrend stalling, pulling back · RSI 45 · price 1.32058
Rally to 1.3232 then lower high, retracing.
NY session pushed cable to a 1.3232 session high on softer USD after in-line Core PCE, but momentum faded into a 1.3222 lower high. Price is now retracing into the 61.8% of the intraday rally near 1.3206, RSI(14) cooling toward mid-40s.
Support: 1.3197, 1.3200
Resistance: 1.32224, 1.32317
What it said to watch
Close below 1.3197 swing low confirms a lower-low
Reclaim of 1.32224 lower high needed to resume the rally
BoE's Pill Mon 05:00 UTC could shift the read into next session
16:46 UTC
Uptrend, pulling back · RSI 46 · price 1.32058
HH/HL chain stalling below session high.
London/early NY drove Cable from 1.3185 up to the session high at 1.3232 before a sharp rejection, helped by softer USD after in-line PCE. NY afternoon is drifting back toward 1.3200, RSI cooling to mid-40s as price slips below EMA20 but holds above EMA50.
Support: 1.3197, 1.3200, 1.3185
Resistance: 1.3222, 1.3232
What it said to watch
Close below 1.3197 swing low opens the path to 1.3185
Reclaim of 1.3222 swing high reopens the session high at 1.3232
UK GDP Tue 06:00 UTC is the next material catalyst
16:46 UTC
Range after NY rally stalled · RSI 49 · price 1.32136
Consolidation below session high.
Cable pushed through the NY session to a high at 1.32317 then was rejected, dropping sharply to 1.31970 before recovering. Price now consolidates around 1.3214, mid-range and just under EMA20, with no fresh directional break in play.
Support: 1.32106, 1.3197
Resistance: 1.3225, 1.32317
What it said to watch
Close above 1.32317 opens the path toward the 1.3245 resistance flagged in the macro read
Failure to hold 1.31970 confirms a lower-low and extends the pullback
Thin late-NY liquidity can exaggerate moves out of the range
NY session pushed cable to a session high of 1.32317 before a sharp flush to 1.3197, then buyers reclaimed most of the move. Price now drifts at 1.3214 just under EMA20, pinned inside the digest's 1.3160-1.3220 band with RSI(14) neutral near 51.
Support: 1.3197, 1.31845
Resistance: 1.3223, 1.32317
What it said to watch
M15 close above 1.3223 reopens the session high at 1.32317
Loss of the 1.3197 ny dip confirms a lower low
Pair stuck in the 1.3160-1.3220 range until either edge breaks
16:31 UTC
Rangebound, no clear direction · RSI 51 · price 1.32164
Ranging mid-band after dip recovery.
Cable is pinned in the 1.3197-1.3232 band through NY hours, recovering after a sharp dip flushed to 1.3197 and was bought back. Move reflects a softer USD post-PCE meeting a GBP capped by UK political risk; price sits mid-range with RSI flat near 50.
Support: 1.31972, 1.3187, 1.3160
Resistance: 1.3225, 1.32317, 1.3245
What it said to watch
Loss of 1.3197 swing low confirms a lower-low
Close above 1.32317 swing high opens the path to 1.3245 prior high
UK GDP Tue 06:00 UTC could materially shift this read
16:16 UTC
Rangebound, pullback from intraday high · RSI 51 · price 1.32164
Choppy range, swept lows then recovered.
Late NY session pinned in the 1.3197–1.3232 band; a fast spike to 1.32317 was sold back and a sweep of 1.31970 was bought back within the same hour. Price now sits mid-range at 1.32164, just under EMA20, RSI flat near 51 — no directional follow-through, consistent with the 1.3160-1.3220 range read.
Support: 1.3207, 1.3197, 1.3185
Resistance: 1.32317, 1.3245
What it said to watch
M15 close above 1.32317 opens the path toward the 1.3245 range cap
Failure to hold 1.31970 confirms a lower-low and extends the pullback
UK GDP Tue 06:00 UTC could materially shift this read
NY session pushed cable to a session high of 1.3232 on a softer USD post-PCE, then rejected sharply to 1.3197 before buyers recovered the move back to 1.3218. Price now mid-range; the 1.3197 low held and the 1.3232 high caps, consistent with the 1.3160-1.3220 range flagged in context.
Support: 1.3197, 1.3187
Resistance: 1.3232, 1.3245
What it said to watch
M15 close above 1.3245 eases the broader bearish read
Failure to hold 1.3197 confirms a lower-low and opens 1.3187
NY session pushed to a 1.32317 swing high then swept down to 1.31970 before snapping back above the 1.3200 psych level, with price now stalling at the 61.8% retrace near 1.3218. RSI(14) neutral around 52; pair stays inside the working 1.3160-1.3245 range, rallies capped under the swing high.
Support: 1.3200, 1.3197
Resistance: 1.32317, 1.3245
What it said to watch
M15 close above 1.32317 swing high opens the path to 1.3245 key resist
Failure to hold 1.3200 psych re-exposes the 1.31970 swing low
UK GDP Tue 06:00 GMT could materially shift this read
Swept session high then deep rejection, recovering.
NY afternoon swept the session high at 1.3232 then sharply rejected to 1.3197 on the soft Michigan sentiment print, before recovering to 1.3218. Price is working the 1.3197–1.3232 range with RSI back near neutral; the 1.3245 cap flagged in context remains untested.
Support: 1.3197, 1.3187, 1.3160
Resistance: 1.3232, 1.3245
What it said to watch
Close above 1.3232 puts 1.3245 in focus, the level needed to flip near-term structure
Failure to hold 1.3197 reopens 1.3187 session low and the wider 1.3160 range base
UK GDP Tue 06:00 GMT could materially reset this range read
GBPUSD pushed to a session high of 1.3232 in NY hours then got rejected, with a sharp flush into 1.3197 before a V-recovery back to 1.3218 as the USD eased post-PCE. RSI(14) sits mid-range near 54; the 1.3160-1.3245 working range still holds.
Support: 1.3197, 1.3181, 1.3160
Resistance: 1.3232, 1.3245
What it said to watch
M15 close above 1.3232 opens the path to 1.3245
Failure to hold 1.3197 reopens the swing low at 1.3181
UK GDP Tue 06:00 GMT could materially shift this read
15:46 UTC
Ranging, no clear direction · RSI 51 · price 1.32165
Intraday range, recent sweep of lows.
NY session pushed GBPUSD to a high of 1.32317 before a sharp drop swept the lows to 1.31970, with buyers recovering price back to 1.32165 — USD eased a second day post in-line Core PCE. Pair is working the 1.3197-1.3232 range, RSI(14) neutral near 51.
Support: 1.3197, 1.3208
Resistance: 1.32317, 1.3245
What it said to watch
Close above 1.32317 reopens 1.3245 key resist
Failure to hold 1.31970 confirms a lower-low
UK GDP Tue 06:00 GMT could materially shift this read
15:31 UTC
Ranging near session highs · RSI 51 · price 1.32165
Range 1.3197-1.3232, rejected at top.
NY session pushed to a session high at 1.3232 then was rejected hard, a 24-pip drop tagging 1.3197 before buyers reclaimed back to 1.3216. RSI(14) sits mid-range; price now chops between 1.3197 and 1.3232 with no clean direction.
Support: 1.3197, 1.3187
Resistance: 1.3232, 1.3245
What it said to watch
M15 close above 1.3232 reopens the 1.3245 key resistance
Failure to hold 1.3197 confirms a lower low toward 1.3187
UK GDP Tue 06:00 GMT could reset this range
15:31 UTC
Uptrend, pulling back after rejection · RSI 51 · price 1.32102
HH/HL chain stalled at session high, sharp pullback.
NY session pushed GBPUSD up to 1.32317 then rejected, with a fast flush to 1.3197 swept and bought back to 1.3210 — sterling holding above 1.3200 as USD eased post-PCE. Price now sits below EMA20 but above EMA50 with RSI back at neutral.
Support: 1.3197, 1.31811
Resistance: 1.32317, 1.3245
What it said to watch
M15 close above 1.32317 opens the 1.3245 range top
Failure to hold 1.3197 confirms a lower low and reopens 1.31811
UK GDP Tue 06:00 GMT is the next material catalyst for this pair
15:16 UTC
Uptrend stalling after rejection · RSI 49 · price 1.32102
NY rally rejected at 1.3232, swept back to 1.3197.
Cable's NY-session rally stalled at 1.3232 and got sold, sweeping down to 1.3197 before recovering to 1.3210; the bounce came as a softer USD followed weak Michigan sentiment. Price now sits below EMA20 with RSI back near 49, mid-range after the rejection.
Support: 1.3197, 1.31811, 1.3160
Resistance: 1.32317, 1.3245
What it said to watch
Reclaim of 1.3232 session high reopens the path toward the 1.3245 cap
Failure to hold 1.3197 confirms a lower-low and exposes 1.3181
Fed's Kashkari (15:30 UTC) could shift the USD read next bars
15:16 UTC
Intraday reversal lower after NY rally · RSI 42 · price 1.31993
Sharp rejection from session high, gains unwound.
NY session pushed cable to 1.32317 before a sharp rejection dumped price straight back to 1.31970, fully unwinding the intraday rally and closing near the 1.3200 round number. RSI(14) rolled over with the reversal and price now sits below both EMAs; macro read has rebounds being sold while 1.3245 caps.
Support: 1.3197, 1.3187
Resistance: 1.3220, 1.32317, 1.3245
What it said to watch
M15 close back above 1.32200 negates the rejection read
Failure to hold 1.31970 opens the 1.31870 swing low
1.3245 continues to cap rebounds per macro context
NY session ground up to a 1.3232 session high before a sharp single-bar rejection dumped cable back to 1.3197, RSI(14) cooling toward 42. The bounce off intraday lows has been fully unwound; 1.3245 continues to cap per the broader UK political overhang.
Support: 1.3197, 1.3187, 1.3181
Resistance: 1.3232, 1.3245
What it said to watch
M15 close below 1.3197 confirms a lower low and threatens 1.3187
Reclaim of 1.3232 negates the rejection and reopens 1.3245
US Fed speakers (Williams/Kashkari) today could shift USD tone
Higher highs into NY, pulling back from session high.
Cable ground higher through NY hours to a session high of 1.32317, helped by a softer dollar after in-line US Core PCE, before stalling and easing back to 1.32184. RSI(14) has cooled off the highs and the last two bars rejected the 1.32317 print; 1.32127 marks the nearest intraday support.
Support: 1.32127, 1.3200
Resistance: 1.32317, 1.3245
What it said to watch
M15 close above 1.32450 needed to extend the rebound (caps per macro read)
Failure to hold 1.32127 puts the 1.32000 round number back in play
Fed speakers Williams/Kashkari later today could shift the USD read
14:46 UTC
Uptrend, pulling back · RSI 59 · price 1.32184
Higher highs off session low, minor retrace.
NY session drove cable up from the 1.31811 session low to 1.32317, helped by a softer USD after the in-line core PCE print. Price has since faded to 1.32184 with RSI cooling from the rally; the rising sequence of higher lows holds while 1.32077 stays intact.
Support: 1.32077, 1.31811
Resistance: 1.32317, 1.3245
What it said to watch
Close above 1.32317 session high opens the path toward the 1.3245 cap
Failure to hold 1.32077 reopens the 1.31811 session low
14:46 UTC
Uptrend, NY recovery · RSI 64 · price 1.32248
Higher highs / higher lows off London low.
NY session lifted cable off the London low near 1.3185 to a session high at 1.3232, a softer USD after in-line Core PCE doing the work. HH/HL chain intact with RSI(14) elevated but not stretched; the 1.3245 area from context still caps rebounds overhead.
Support: 1.3213, 1.3200, 1.3184
Resistance: 1.3232, 1.3245
What it said to watch
M15 close above 1.3245 opens room higher
Loss of 1.3200 round number negates the NY recovery
UK GDP Tue 06:00 UTC could reset this read
14:31 UTC
Uptrend, recovering through NY · RSI 64 · price 1.32248
Higher highs off session low, pressing range top.
Cable ground higher through the NY session off the 1.3181 London low, posting a clean HH chain up to 1.3232 as the dollar stayed soft after in-line Core PCE. Price holds just under the session high with RSI(14) around 64 — not yet stretched. The 1.3245 resistance flagged by the street still caps the move.
Support: 1.3217, 1.3201, 1.3181
Resistance: 1.3232, 1.3245
What it said to watch
Clean M15 close above 1.3245 shifts the near-term bias higher
Failure to hold 1.3217 swing low reopens 1.3201 then 1.3181
UK GDP Tue 06:00 UTC could materially shift this read
14:31 UTC
Uptrend, NY session leg higher · RSI 67 · price 1.32264
Higher highs/higher lows, near session high.
NY session extended the grind higher to a session high at 1.3229 as USD softened after in-line Core PCE, cable holding gains above 1.3200. RSI(14) elevated near 67 but short of extreme; rising lows since the London base at 1.3181 keep the structure constructive into the close.
Support: 1.3210, 1.3187
Resistance: 1.3229, 1.3245
What it said to watch
Clean break above 1.3245 would shift the near-term bias higher
Failure to hold 1.3210 risks a return into the prior range
UK GDP Tue 06:00 UTC could materially shift this read
14:16 UTC
Uptrend, near session high · RSI 64 · price 1.32264
Higher highs / higher lows since NY open.
Cable ground higher through the NY session to a session high at 1.32293, helped by a softer USD after in-line Core PCE. Price holds above EMA20/50 with RSI(14) mid-60s — momentum intact but not stretched, with the 1.3245 area flagged as the cap on rebounds.
Support: 1.32127, 1.3200
Resistance: 1.32293, 1.3245
What it said to watch
Clean M15 close above 1.3245 shifts the near-term read and opens the 1.3250+ zone
Loss of 1.32127 breaks the rising sequence of higher lows
UK GDP Tue 30 Jun 06:00 UTC could materially shift this read
Higher highs and higher lows since London-NY transition.
Cable ground higher through the NY session from the 1.3191 swing low to 1.3227, helped by a softer USD after in-line Core PCE. RSI(14) near 64, not stretched; price now testing the 1.3228 prior high with the UOB-flagged 1.3245 cap just overhead.
Support: 1.3215, 1.3185, 1.3160
Resistance: 1.3228, 1.3245
What it said to watch
M15 close above 1.3245 invalidates the capped-rebound read and opens the 1.3250+ zone
Loss of 1.3215 breaks the higher-low chain back toward the 1.3185 session low
Fed's Williams (14:30 UTC) and Kashkari (15:30 UTC) could shift USD tone within the next bars
Higher highs and higher lows since London-NY transition.
Cable ground higher through the NY session, breaking above 1.3220 and printing fresh session highs at 1.32293, with the leg driven by a softer USD after in-line core PCE rather than Sterling strength. RSI(14) elevated near 67 but not extreme; price holding above both EMAs as the 1.3245 cap comes into view.
Support: 1.32127, 1.32031, 1.31906
Resistance: 1.32293, 1.3245
What it said to watch
US Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
Close above 1.3245 negates the multi-week bearish bias
Loss of 1.32031 pullback low would stall the intraday uptrend
Higher lows off 1.3180, consolidating below session high.
NY session ground cable up from the 1.3180 swing low to a 1.32283 session high before stalling, RSI(14) cooling from the highs as price consolidates near 1.3215. Move has been pure USD softness after in-line US Core PCE rather than Sterling strength; supply capped the push at 1.3228.
Support: 1.3200, 1.31801
Resistance: 1.32283, 1.32245
What it said to watch
US Michigan sentiment + Fed Williams/Kashkari at 14:00-15:30 UTC could shift this read
M15 close above 1.32283 reopens the path higher
Failure to hold 1.3200 puts the 1.3180 swing low back in play
Higher highs/lows off London low, pullback in play.
NY session lifted cable off the 1.31811 London low to a session high at 1.32283, the leg driven by a softer USD after in-line US Core PCE. Price has since faded to 1.3215 with RSI(14) cooling from the high-60s; the rising intraday structure holds while 1.32086 stays intact.
Support: 1.32086, 1.31811
Resistance: 1.32283, 1.3245
What it said to watch
M15 close below 1.32086 breaks the intraday higher-low chain
1.32283 session high — area to watch for rejection or break toward 1.3245
UoM sentiment 14:00 UTC plus Fed speakers Williams/Kashkari could shift this read
Cable ground higher through the NY session to a session high at 1.32283, helped by post-PCE USD softness, then pulled back to consolidate around 1.3216. A dip to 1.32030 on the recent low was bought back quickly; RSI(14) near 56 leaves room either way.
Support: 1.3203, 1.3190, 1.31801
Resistance: 1.32283, 1.3222
What it said to watch
Michigan sentiment + inflation expectations at 14:00 UTC could shift the read
M15 close above 1.32283 reopens the session high break
Failure to hold the 1.32030 recent low confirms a lower-low
Higher highs into NY, now consolidating below session high.
Cable ground higher through the NY session off the 1.3180 base to a 1.32283 high before stalling, the leg driven by broad USD softness rather than GBP strength. Price now consolidates around 1.3216 with RSI mid-range; the 1.32283 session high has capped two attempts.
Support: 1.3208, 1.3180
Resistance: 1.32283, 1.3245
What it said to watch
M15 close above 1.32283 opens the 1.3245 cap
Failure to hold 1.3208 exposes the 1.3180 session low
Fed speakers (Williams/Kashkari) could shift USD tone this session
NY session drove cable up from the London low near 1.3181 to a session high of 1.32283, where it was rejected and pulled back to 1.3203 before recovering to 1.3215. The bid is pure USD softness after in-line core PCE rather than Sterling strength; RSI(14) has cooled from the rally into the mid-50s.
Support: 1.3203, 1.3190, 1.31811
Resistance: 1.3222, 1.32283
What it said to watch
M15 close below 1.32030 confirms a lower high and opens 1.3190
Reclaim of 1.32283 needed to resume the intraday uptrend
US Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
NY session lifted cable off the London low at 1.3180 to a session high of 1.3228, helped by a softer USD after in-line US core PCE rather than Sterling strength. Price is now consolidating around 1.3215 with RSI(14) easing back to the mid-50s; the 1.3203 swing low has held on the last pullback.
Support: 1.3203, 1.3200, 1.31801
Resistance: 1.32283, 1.3245
What it said to watch
Close above 1.3228 opens path toward the 1.3245 digest cap
Loss of 1.3203 swing low risks a retrace toward 1.3200 psych
UK political headlines on Burnham's finance pick could shift the read
HH/HL chain off London lows, pulling back from session high.
NY session drove cable up to a session high at 1.32283 before sellers capped and price slipped back to 1.3210, holding above the 1.32031 swing low. Move is purely USD-side softness after in-line core PCE; RSI(14) has cooled to the low-50s as the pullback unfolds.
Support: 1.32031, 1.31908, 1.31801
Resistance: 1.3222, 1.32283
What it said to watch
Close above 1.32283 resumes the intraday uptrend
Loss of 1.32031 exposes the 1.31908 intraday low
Michigan sentiment + Fed speakers (Williams/Kashkari) due — USD-driven, could shift this read
NY session rallied through the Asian range to a 1.3228 session high before sellers capped it; cable has since slipped back under EMA20 toward 1.3210, holding above the rising sequence of lows. Move has been USD-led (in-line Core PCE), not Sterling strength, with UK politics keeping a lid on the upside.
Support: 1.3203, 1.31908, 1.31801
Resistance: 1.3222, 1.32283
What it said to watch
Loss of 1.3203 breaks the intraday higher-low chain
Close back above 1.3222 reopens the 1.3228 session high
US Michigan sentiment at 14:00 UTC could shift the USD leg
NY session pushed cable up to a 1.32283 session high before fading back to 1.3205, RSI cooling toward neutral after the run. Upside has been pure USD softness post in-line core PCE, not Sterling strength; price now sits below EMA20 with the 1.3200 round level being tested.
Support: 1.3200, 1.31908, 1.31811
Resistance: 1.3216, 1.32283
What it said to watch
M15 close below 1.3200 exposes the 1.31908 swing low
Reclaim of 1.32160 EMA20 keeps the NY leg up intact
US Michigan sentiment 14:00 UTC and Fed speakers could shift this read
NY session pushed cable to a session high at 1.32283 before fading back to 1.32053, now sitting on the 50% fib of the 1.31811-1.32283 leg; RSI(14) has cooled to the mid-40s. Move was USD-led profit-taking after in-line core PCE, not GBP strength.
Support: 1.32031, 1.31811
Resistance: 1.32283, 1.3222
What it said to watch
Michigan sentiment at 14:00 UTC and Fed Williams 14:30 could shift this read
Loss of 1.32031 session low opens a retest of the 1.31811 swing low
Reclaim of 1.32283 session high needed to resume the up-leg
Higher highs off 1.3191, now consolidating under session high.
Cable ground higher through London-NY off the 1.3191 session low to a 1.3228 high, the move powered by a softer USD post in-line PCE rather than Sterling strength. Price is now consolidating around 1.3214 just under EMA20, RSI cooling back to neutral after the rejection at 1.3228.
Support: 1.3205, 1.31906, 1.3181
Resistance: 1.32283, 1.3220
What it said to watch
M15 close above 1.3228 resumes the intraday uptrend
Loss of 1.3205 swing low shifts the read back to range
Failure to hold 1.3191 confirms a lower-low
US Michigan sentiment 14:00 UTC could shift this read
Higher highs/lows, now consolidating below session high.
NY session printed a high at 1.32283 then stalled, cable now grinding sideways near 1.3219 with RSI(14) cooled to the mid-50s. Rising lows off the 1.31908 session low keep the intraday structure intact; the move higher has been USD softness post in-line core PCE, not Sterling strength.
Support: 1.32104, 1.32077, 1.31908
Resistance: 1.32283, 1.32245
What it said to watch
M15 close above 1.32283 resumes the intraday uptrend
Loss of 1.32077 breaks the rising-low chain
US Michigan sentiment 14:00 UTC could shift the USD-driven read
Cable ground higher through London-NY on broad USD softness post in-line PCE, tagging a session high at 1.32283 before consolidating in the 1.3210–1.3225 band. RSI(14) cooling back to mid-50s as momentum flattens just below the high.
Support: 1.32091, 1.31963, 1.31811
Resistance: 1.32283, 1.3245
What it said to watch
M15 close above 1.32283 reopens the path toward the 1.32450 cap
Loss of 1.32091 confirms a lower-low and shifts the intraday read
US Michigan sentiment 14:00 UTC could shift this read
NY session extended the climb off the 1.31810 low to a session high at 1.32283 on softer USD after in-line core PCE, RSI now cooling from the push. Price grinding sideways just above 1.32100, holding its intraday higher-low chain.
Support: 1.3210, 1.3196, 1.3181
Resistance: 1.32283, 1.32245
What it said to watch
M15 close below 1.32100 breaks the intraday higher-low chain
Close above 1.32283 extends the NY-session leg
US Michigan sentiment 14:00 UTC + Fed speakers could shift this read
Higher highs into session high, now consolidating.
NY session drove cable to a session high at 1.3228 before easing into a tight consolidation around 1.3216, the move tracking broad USD softness after in-line US core PCE. Uptrend off the 1.3191 swing low holds with RSI cooling from the highs; price sits just above EMA20.
Support: 1.3215, 1.3200, 1.31906
Resistance: 1.32283, 1.3245
What it said to watch
M15 close below 1.3215 then 1.3200 breaks the rising intraday structure
Reclaim of 1.32283 reopens the path toward the 1.3245 digest cap
US Michigan sentiment at 14:00 UTC could shift the USD-driven move
Higher highs/lows, consolidating under session high.
Cable ground higher through the London session off 1.3180 to a 1.3228 session high as USD faded after in-line Core PCE, then stalled and is consolidating around 1.3216 with RSI(14) cooling from the highs. Rising-low structure intact but buyers have paused just under the session top.
Support: 1.32096, 1.3194, 1.31801
Resistance: 1.32283, 1.3235
What it said to watch
M15 close above 1.3228 opens the 1.3235/1.3265 resistance zone
Failure to hold 1.3194 breaks the rising-low chain
UK GDP Tue 30 Jun and BoE speakers could shift the read
Higher highs into NY, pulling back from session high.
Cable ground higher through the NY session off the 1.31908 swing low, tagging a session high at 1.32283 before easing back to 1.32166 with RSI cooling from overbought. The 1.3200 round number is holding as support during the pullback; structure remains a chain of higher lows.
Support: 1.3200, 1.31908, 1.31811
Resistance: 1.32283, 1.3235
What it said to watch
M15 close above 1.32283 opens the path to 1.3235 resistance
Failure to hold 1.3200 reopens 1.31908 swing low
US Michigan sentiment 14:00 UTC could shift this read
Higher highs into NY, consolidating under session high.
NY session lifted cable off the 1.3196 base to a session high at 1.3228 as the USD faded post in-line Core PCE, with RSI(14) cooling toward neutral. Price now consolidating just under the high near 1.3217, breakout base at 1.3196 still respected.
Support: 1.3196, 1.3187, 1.3160
Resistance: 1.32283, 1.3245
What it said to watch
M15 close above 1.3228 opens the path to 1.3245
Failure to hold 1.3196 negates the intraday breakout
Michigan Sentiment 14:00 UTC could shift this read
Higher highs/higher lows since London open, stalling under session high.
Cable ground higher through the London session into a 1.32283 session high, now consolidating around 1.3220 as the USD faded after an in-line Core PCE (3.4%). HH/HL chain intact off the 1.31906 swing low; RSI(14) near 60 with momentum easing as price holds under the session high.
Support: 1.3215, 1.31906, 1.3180
Resistance: 1.32283, 1.3235
What it said to watch
M15 close above 1.32283 opens the 1.32350 resistance
Failure to hold 1.32150 threatens the higher-low structure toward 1.31906
Michigan Sentiment at 14:00 UTC could shift the read
Cable ground higher through the NY session, printing a fresh session high at 1.32283 before stalling and consolidating around 1.32200 — part of the broad GBP relief rally on Burnham fiscal-discipline headlines and USD profit-taking after in-line PCE. Rising HL chain from 1.31811 intact, RSI(14) mid-60s with no extreme. Holding just under the 1.32283 high.
Support: 1.3210, 1.3190, 1.31811
Resistance: 1.32283, 1.3245
What it said to watch
Sustained break above 1.32283 opens the path toward the 1.32450 cap zone
Loss of the 1.32100 higher low breaks the intraday HL chain, exposing 1.31900
UoM inflation expectations and Fed speakers (Williams/Kashkari) today could shift USD tone
Cable ground higher through the NY session, tagging a session high at 1.32283 before stalling around 1.3218 as USD longs took profit on the in-line Core PCE. RSI(14) cooling from a mid-60s push, with the climb intact above EMA20/50.
Support: 1.3215, 1.31908
Resistance: 1.32283, 1.3245
What it said to watch
M15 close above 1.32283 opens the path toward the 1.3245 cap zone
Failure to hold 1.32150 exposes the 1.31908 swing low
US Michigan sentiment at 14:00 UTC could shift this read
Higher highs into session high, now consolidating.
NY session pushed cable to a session high at 1.32283 as dollar longs faded after the in-line Core PCE, helped by GBP relief on the Burnham succession. Price has since eased to consolidate around 1.3218, holding above the rising intraday support; RSI(14) cooling from the highs.
Support: 1.3214, 1.31915
Resistance: 1.3222, 1.32283
What it said to watch
M15 close above 1.32283 opens the path toward the 1.3245 cap
Failure to hold 1.32140 risks a slide back toward 1.31915 ny low
US Michigan sentiment 14:00 UTC could shift this read
11:16 UTC
Uptrend, NY leg extending · RSI 64 · price 1.32218
Higher highs into session high.
NY session drove cable from the 1.3190 base up to a session high of 1.3228 as dollar longs took profit after an in-line Core PCE and Burnham succession relief lifted GBP. Price is consolidating just under the high with RSI(14) around 63 — hot but not extreme; the last bar is thin and tight.
Support: 1.3215, 1.3200, 1.3190
Resistance: 1.32283, 1.3245
What it said to watch
M15 close above 1.32283 opens the path to the 1.3245 cap
Failure to hold 1.32150 swing low risks a slide back to 1.3200
11:01 UTC
Uptrend, near session high · RSI 66 · price 1.32218
Higher highs and higher lows into NY.
Cable ground higher through the NY session in a clean HH/HL chain, now pressing the session high at 1.32283 around 1.3220 on the Burnham fiscal-discipline relief bid. RSI(14) elevated near 66 but not stretched; the 1.3200 pivot has held as support on the way up.
Support: 1.3200, 1.31811, 1.3160
Resistance: 1.32283, 1.3245
What it said to watch
Break above 1.32450 resistance needed to neutralise the broader bearish setup
Failure to hold the 1.3200 pivot reopens 1.31811 swing low
Michigan sentiment / UoM inflation expectations 14:00 UTC could shift this read
NY session drove cable from the 1.3190 base through the 1.3200 pivot to a session high at 1.3228 before easing to 1.3218, RSI(14) cooling from overbought. Price holds above EMA20/50 with the breakout above 1.3200 still respected.
Support: 1.3200, 1.3190, 1.3160
Resistance: 1.32283, 1.3245
What it said to watch
M15 close back below 1.3200 reopens the 1.3190/1.3160 lows
Break above 1.3228 puts the 1.3245 cap in view
UoM sentiment/inflation expectations 14:00 UTC plus Fed speakers could shift this read
Cable ground higher through the London session, printing a session high at 1.3228 before stalling and consolidating around 1.3218. The leg up tracks Burnham fiscal-discipline relief and a softening USD after in-line Core PCE; RSI is cooling off from the highs as the push fades.
Support: 1.3215, 1.3196, 1.3181
Resistance: 1.32283, 1.3245
What it said to watch
Close above 1.3228 opens the path to 1.3245 resistance
Failure to hold 1.3215 swing low exposes 1.3196
UoM inflation expectations 14:00 UTC could shift the read
Higher highs into session high, last bars stalling.
London session drove cable up through the 1.3200 pivot to a session high at 1.32283 as dollar longs faded after in-line US PCE. RSI(14) cooling from the high into the low 60s with the last bars stalling near 1.3219; the 1.3200 break is being retested as support.
Support: 1.32096, 1.3200, 1.3187
Resistance: 1.32283, 1.3245
What it said to watch
Sustained hold above 1.3200 pivot vs failure back toward 1.31870 session low
Break of 1.32450 cap zone needed to neutralise the bearish backdrop
Michigan inflation expectations 14:00 UTC could shift USD and this read
UK GDP Tue 06:00 UTC is the next major catalyst for cable
NY-hours grind higher off 1.3191 carried cable to a session high at 1.3228 as USD longs faded post-PCE and Burnham succession eased GBP's political premium. Price is consolidating just below the high near 1.3219, RSI(14) around 62 and cooling.
Support: 1.32096, 1.3200
Resistance: 1.32283, 1.3245
What it said to watch
Close above 1.3228 session high opens path to the 1.3245 uob cap
Loss of the 1.3210 swing low shifts focus to the 1.3200 psych pivot
UK GDP Tue 06:00 UTC could materially shift this read
10:31 UTC
Uptrend, momentum firm · RSI 68 · price 1.32199
Higher highs into session high.
Cable rallied off the 1.3187 base and broke the 1.3205 consolidation, printing a session high at 1.3228 before easing to 1.3220 — relief flow as USD faded post-PCE and a fiscally-disciplined Burnham succession trimmed UK political risk. RSI(14) elevated near 67 but not yet stretched; higher-low chain intact above 1.3208.
Support: 1.32077, 1.3200, 1.3187
Resistance: 1.32283, 1.3245
What it said to watch
Failure to hold 1.32077 swing low reopens 1.3200 round number
1.32283 session high and 1.3245 resistance cap the rebound — area to watch for rejection or break
UoM inflation expectations 14:00 UTC could shift this read
Cable ground higher through the London session to a session high of 1.3228, extending the climb off 1.3191 as Burnham fiscal-discipline news eased the political risk premium. RSI mid-60s and price holding above EMA20/50; 1.3245 cap is the next area to watch for rejection or break.
Support: 1.3215, 1.3200, 1.3187
Resistance: 1.3228, 1.3245
What it said to watch
Close above 1.3245 cap would neutralise the bearish setup toward 1.3265
Failure to hold 1.3200 pivot reopens 1.3160 lows
US Michigan sentiment at 14:00 UTC could shift this read
10:16 UTC
Uptrend, pushing session high · RSI 67 · price 1.32191
Rising lows, higher highs.
NY session drove cable up from ~1.3191 to a session high of 1.32283 on GBP relief after the Burnham succession news, despite a hot US Core PCE. Price holding above the 1.3216 breakout near 1.3219; 1.3245 is the next cap flagged by the digest.
Support: 1.3216, 1.3194, 1.3160
Resistance: 1.32283, 1.3245
What it said to watch
Close above 1.32283 opens the path to 1.3245
Failure to hold 1.3216 returns price to the 1.3194 range
US Michigan sentiment / inflation expectations 14:00 UTC could shift this read
Cable ground higher through the London session to a fresh session high at 1.32283, riding the GBP relief rally after Burnham's fiscally-disciplined succession was confirmed. The HH/HL chain off 1.3190 stays intact and RSI(14) near 66 is hot but not extreme; 1.3245 (UOB/Scotiabank) is the next cap.
Support: 1.32077, 1.31963
Resistance: 1.32283, 1.3245
What it said to watch
Close above 1.3245 would neutralise the bearish setup and open 1.3265
Failure to hold 1.32077 swing low breaks the rising HL chain
US Michigan sentiment / inflation expectations at 14:00 UTC could shift this read
10:01 UTC
Uptrend, NY session push · RSI 68 · price 1.32216
Higher highs/lows off 1.3190.
Cable extended a relief rally to a session high at 1.32265 during NY hours after Burnham fiscal-discipline headlines, clearing the 1.3200 pivot. Buyers stepped in repeatedly at 1.3190 and the leg is intact, with RSI(14) elevated near 68 but not yet stretched.
Support: 1.3200, 1.3190, 1.3160
Resistance: 1.32265, 1.3245
What it said to watch
Failure to hold 1.3200 reopens 1.3190 swing low then 1.3160
Break above 1.3245 cap zone needed to neutralise the bearish setup
US Michigan sentiment 14:00 UTC could shift this read
09:46 UTC
Uptrend, recovering off lows · RSI 68 · price 1.32216
Higher highs/lows, reclaimed 1.3200.
Cable ground higher through the London session, reclaiming the 1.3200 pivot and printing a session high at 1.32265 on the Burnham succession relief move. RSI(14) near 68, hot but not extreme; price closing into the highs with the 1.3245 cap still untested above.
Support: 1.3200, 1.3181
Resistance: 1.32265, 1.3245
What it said to watch
Close back below 1.3200 reopens the 1.3160 area
Break above 1.3245 needed to neutralise the bearish structure
UK GDP Tue 06:00 UTC could materially shift this read
09:46 UTC
Uptrend, pressing session high · RSI 68 · price 1.3218
Rising lows, breaking above 1.3200 pivot.
London session drove cable to a 1.3220 session high on relief over the Burnham succession, reclaiming the 1.3200 pivot with a chain of higher lows. RSI(14) near 68 — firm but not yet stretched. The 1.3245 area is the next cap to watch above.
Support: 1.3200, 1.3186, 1.3160
Resistance: 1.3220, 1.3245
What it said to watch
M15 close above 1.3245 neutralises the bearish cap noted by desks
Failure to hold 1.3200 pivot reopens 1.3186 then 1.3160 lows
US Michigan sentiment + inflation expectations 14:00 UTC could shift this read
Higher highs and higher lows, pressing session high.
Cable ground higher through the London session, breaking above the 1.3186 early-day high and tagging a session high of 1.3220 as the dollar stalled and Burnham succession relief lifted GBP. RSI(14) near 67 — hot but not stretched; price riding above EMA20/50 with a clean chain of higher lows off the 1.3151 base.
Support: 1.3196, 1.3160, 1.3151
Resistance: 1.3220, 1.3245
What it said to watch
Sustained close above 1.3220 opens the path to the 1.3245 cap
Failure to hold 1.3196 risks a slide back toward 1.3160
UoM sentiment / inflation expectations 14:00 UTC could shift this read
Higher highs off session low, pullback in progress.
London session drove cable off the 1.3181 low through the 1.3200 pivot to a 1.3222 session high, helped by the GBP relief bid after the fiscally-disciplined Burnham succession read. Price has eased back to 1.3210 with RSI cooling from the highs; 1.3200 pivot still holding as support.
Support: 1.3200, 1.3190, 1.3181
Resistance: 1.3222, 1.3245
What it said to watch
Loss of 1.3200 pivot reopens the 1.3190/1.3181 lows
M15 close above 1.3222 extends the session uptrend toward 1.3245
UoM Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
NY session extended the two-day bounce off 7-month lows, tagging a session high at 1.3220 before fading back to 1.32105 as USD held firm post in-line Core PCE. RSI(14) cooling from the recovery; the 1.3196 swing low and 1.3181 session low underpin the leg.
Support: 1.3196, 1.3181
Resistance: 1.3220, 1.3245
What it said to watch
M15 close above 1.3220 opens the path toward the 1.3245 rebound cap
Loss of 1.3181 session low resumes the downside toward the 7-month low
UoM Michigan sentiment + inflation expectations at 14:00 UTC could shift USD tone
Cable ground higher through the London morning, breaking the 1.3195–1.3207 consolidation and tagging a session high at 1.3222 before easing to 1.3215. RSI(14) near 64, room left before stretch; the move fits the oversold relief bounce off the 7-month low at 1.3140 with USD softening after in-line Core PCE.
Support: 1.3196, 1.31811, 1.3151
Resistance: 1.3222, 1.3245
What it said to watch
M15 close above 1.3222 opens the path to the 1.3245 cap
Failure to hold 1.3196 breaks the rising-support read
UoM Michigan + inflation expectations 14:00 UTC could shift this read
09:01 UTC
Uptrend, grinding higher · RSI 61 · price 1.32148
Range break, ascending lows.
Early London pushed cable up to a session high of 1.3222, breaking out of the 1.3185-1.3215 range that held through the Asian session, RSI(14) easing from the move. The leg up extends a fragile two-day bounce off the 7-month low, with ascending lows building since the NY rejection at 1.3196.
Support: 1.3194, 1.3187, 1.3151
Resistance: 1.3222, 1.3245
What it said to watch
M15 close above 1.3222 extends the breakout toward the 1.3245 cap
Loss of 1.3194 returns price into the prior range
US Michigan inflation expectations at 14:00 UTC could shift the USD read
Cable broke the 1.3186–1.3206 consolidation and pressed new session highs at 1.3219, RSI(14) running hot near 69 but not yet extreme. The leg followed broad USD profit-taking after in-line core PCE, letting an oversold GBP extend its relief bounce off the 7-month low.
Support: 1.3200, 1.3186, 1.3151
Resistance: 1.3245, 1.3265
What it said to watch
Hold above 1.3200 keeps the breakout intact; loss returns price into the 1.3186 range
A close above 1.3245 opens the path toward 1.3265, where rebounds have repeatedly been sold
Michigan inflation expectations at 14:00 UTC could swing USD and reset this read
08:46 UTC
Intraday uptrend, testing range top · RSI 67 · price 1.3219
Ranged 1.3186-1.3219, now pressing the top.
Cable ground higher through the late session to a fresh high at 1.3219, breaking the 1.3186-1.3219 range that held most of the prior 24h. The bounce off 7-month lows is running on USD profit-taking after in-line core PCE; rebounds toward the 1.3245 cap have been repeatedly sold. RSI(14) elevated near 67, not yet stretched.
Support: 1.3196, 1.3186, 1.3174
Resistance: 1.3219, 1.3245
What it said to watch
Sustained M15 close above 1.3219 opens the path to the 1.3245 cap
Loss of 1.3196 pivot puts the 1.3186 range floor back in play
UoM inflation expectations 14:00 UTC could shift the USD read
Rising lows off 1.3151, capped under session high 1.3214.
Cable bounced off the 1.3151 low and ground higher through Asia/London, helped by USD profit-taking after core PCE landed in line. Price consolidated 1.3190–1.3207 then pushed back toward the 1.3214 session high; RSI(14) firm near 62, no extreme.
Support: 1.31908, 1.31811, 1.3151
Resistance: 1.32141, 1.32186
What it said to watch
Close above 1.32186 extends the recovery toward 1.3245
Failure to hold 1.31908 reopens 1.31811 then the range base at 1.3151
UoM inflation expectations at 14:00 UTC could shift the USD read
08:31 UTC
Recovering within range · RSI 61 · price 1.32087
Ranging 1.3190-1.3218, pushing toward top.
Cable recovered off the intraday low near 1.3151 and is holding a 1.3190-1.3218 range through the London session, with the last few bars pushing back toward the 1.3214 session high. RSI(14) near 61, no extreme; USD softened after in-line core PCE, easing pressure on a Sterling capped sub-1.3200 near multi-month lows.
Support: 1.31908, 1.3181, 1.3160
Resistance: 1.3214, 1.32186
What it said to watch
M15 close above 1.32186 prior high opens path higher
Failure to hold 1.31908 swing low reopens 1.3181 range low toward 1.3160
UoM inflation expectations at 14:00 UTC could shift the USD read
08:31 UTC
Recovering, pushing into session high · RSI 62 · price 1.32094
Intraday range, recent higher lows.
London morning pushed cable off 1.3190 back to test the 1.3214 session high, closing 1.3209 after a clean leg from 1.3181, RSI(14) near 62. Price has reclaimed the upper end of the 1.3186-1.3214 intraday range with a string of higher lows.
Support: 1.3190, 1.3181
Resistance: 1.3214, 1.32189
What it said to watch
M15 close above 1.3214 opens the path toward 1.3245/1.3265 resistance
Failure to hold 1.3190 reopens 1.3181 session low
US Michigan inflation expectations at 14:00 UTC could shift this read
GBPUSD chopped between 1.3181 and 1.3219 through the Asian and early London hours, with a fresh push to 1.32138 lifting price back above the 1.3200 round number. RSI(14) near 58 — no extreme — as buyers stepped in at 1.3190 twice ahead of the London session; the 1.3218 prior high still caps.
Support: 1.3200, 1.31906, 1.31811
Resistance: 1.32138, 1.32186
What it said to watch
M15 close above 1.32186 opens the path toward 1.3245 resistance
Failure to hold 1.31906 reopens the 1.31811 swing low
US Michigan sentiment / inflation expectations at 14:00 UTC could shift this read
08:16 UTC
Range, mild upward drift · RSI 56 · price 1.32042
Ranging in upper half of intraday band.
Cable is grinding sideways in the 1.3181-1.3217 band after an early-session drop to 1.3151 was bought back; the modest two-day bounce stalled just under 1.3200 per the GBP read. Last bar tagged 1.3212 and faded to 1.3204, RSI mid-range — no clean breakout in play.
Support: 1.3190, 1.3181, 1.3160
Resistance: 1.3207, 1.3217
What it said to watch
M15 close above 1.3217 opens room beyond the spike high
Loss of 1.3181 reopens the 1.3160 session low
US Michigan sentiment/inflation expectations at 14:00 UTC could shift this read
GBPUSD spent the Asian session grinding the 1.3187-1.3205 range, then early London popped to 1.3212 before fading to 1.32042. Bounce off 1.3191 holds, but rebounds remain capped below the 1.3217 prior high in line with the broader sub-1.3245 ceiling.
Support: 1.31908, 1.31811, 1.3151
Resistance: 1.32116, 1.32186
What it said to watch
M15 close above 1.32116 session high opens path back to 1.32186
Failure to hold 1.31908 swing low exposes 1.31811
Michigan sentiment + UoM inflation expectations at 14:00 UTC could shift this read
London session lifted Cable back to 1.3207 after demand held repeatedly near 1.3190; pair still boxed between 1.3185 and the 1.3217 session high, capped well under the 1.3245 ceiling. RSI mid-range — no extreme, no setup forcing a hand.
Support: 1.31905, 1.3181, 1.3151
Resistance: 1.3217, 1.32189
What it said to watch
M15 close above 1.32170 reopens 1.32189 and the 1.3245 cap
Loss of 1.31905 exposes 1.31810 swing low
US Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
07:46 UTC
Recovering, near session high · RSI 62 · price 1.32069
Range with upside push at top.
Cable ranged 1.3190–1.3208 through Asia and into London before the latest bar pushed to a session high at 1.32116 and held, RSI(14) firm near 62. Move fits the USD profit-taking trimming after in-line Core PCE, but rebounds stay capped below the 1.3245 area noted in the broader context.
Support: 1.31908, 1.31801, 1.3151
Resistance: 1.32116, 1.32186
What it said to watch
M15 close back below 1.31908 negates the upside push and returns price to range mid
UoM inflation expectations + sentiment at 14:00 UTC could reshape the USD read
07:46 UTC
Ranging, drifting off session high · RSI 46 · price 1.31922
Range-bound between 1.3181 and 1.3207.
Cable is ranging between 1.3181 and 1.3207 through the London session, with price rejected at the 1.3207 session high and drifting back into mid-range, now sitting below EMA20/50. The pair stays capped under 1.3245 on UK political risk while a stalling Dollar keeps the downside shallow; no setup in play within the range.
Support: 1.3187, 1.3181, 1.3174
Resistance: 1.3207, 1.32186
What it said to watch
M15 close above 1.3207 session high reopens 1.3218
Close below 1.3181 confirms a lower low toward 1.3174
UoM inflation expectations 14:00 UTC could shift this read
London session has GBPUSD oscillating roughly 1.3190–1.3207 after dollar longs were trimmed into in-line US Core PCE. Push to 1.32074 was rejected and price has slipped back below 1.3200, RSI(14) mid-range near 44 with price under both EMAs.
Support: 1.3190, 1.3181, 1.31585
Resistance: 1.32074, 1.3200, 1.32186
What it said to watch
M15 close above 1.32074 reopens the 1.32186 spike high
Loss of 1.31900 exposes the 1.31810 swing low
UoM sentiment & Fed speakers (14:00–15:30 UTC) could shift the USD read
07:31 UTC
Ranging, no clear direction · RSI 48 · price 1.31957
Consolidation between 1.3185 and 1.3207.
Cable is chopping in a tight 1.3185–1.3207 band through the London session, holding above the 1.31811 session low after the bounce off seven-month lows. RSI(14) near 48 and price pinned to its EMAs — no setup in play, capped below 1.3207 as flagged in the broader sub-1.3245 cap.
Support: 1.3185, 1.31811, 1.3174
Resistance: 1.32074, 1.3217
What it said to watch
M15 close above 1.32074 opens a retest of the 1.32170 range high
Loss of 1.31811 session low exposes 1.3174
US Michigan sentiment + Fed speakers at 14:00 UTC could break this range
07:16 UTC
Range, no momentum · RSI 49 · price 1.31957
Balanced range, mid-range.
Cable holding a tight 1.3187–1.3207 range through the London-NY transition and into the London morning after rebounding off the 1.3151 session low; the 1.32186 day high capped the prior rally. RSI(14) neutral near 49 with price pinned to EMA20 — no setup in play, the 1.3200 round number is the immediate pivot.
Support: 1.3187, 1.3151
Resistance: 1.3200, 1.3207, 1.32186
What it said to watch
M15 close above 1.3207 opens a retest of the 1.32186 day high
Loss of 1.3187 exposes the 1.3151 session low
US Michigan sentiment and Fed speakers from 14:00 UTC could break the range
07:16 UTC
Sideways, range-bound · RSI 48 · price 1.31956
Consolidation in upper half of intraday range.
Cable is consolidating near 1.3196 after recovering off the 1.3151 dip, with rebounds capped under 1.3207 as USD longs were trimmed into in-line US Core PCE. RSI(14) neutral around 47, ATR ~32 pips — no clear intraday setup, range top still respected.
Support: 1.3187, 1.3151
Resistance: 1.3207, 1.32186
What it said to watch
M15 close above 1.3207 opens the path back to the 1.32186 prior high
Failure to hold 1.3187 reopens the 1.3151 session low
US Michigan sentiment + Fed speakers from 14:00 UTC could shift this read
07:01 UTC
Ranging, no clear bias · RSI 50 · price 1.31956
Consolidation under session high.
Cable spiked to 1.32189 during the NY session as dollar longs were trimmed into US Core PCE, then settled into a 1.3187–1.3207 range. London open finds price mid-range near 1.3196, RSI flat around 50, with the 1.32074 session high capping rebounds.
Support: 1.3187, 1.3181
Resistance: 1.32074, 1.32189
What it said to watch
M15 close above 1.32074 reopens the 1.32189 high
Loss of 1.31870 exposes the 1.31810 session low
UoM Michigan sentiment at 14:00 UTC could shift this range read
07:01 UTC
Range, mild upward drift · RSI 51 · price 1.31976
Consolidating below 1.3207 after NY rally faded.
Cable spiked to 1.32186 during yesterday's NY session on USD profit-taking into Core PCE, then settled into a 1.3184–1.3207 range. Early London has the pair pinned mid-range near 1.3198 with RSI(14) flat around 51 — no setup in play.
Support: 1.3184, 1.3173, 1.3151
Resistance: 1.3207, 1.32186, 1.3245
What it said to watch
M15 close above 1.3207 reopens the 1.3219 high
Break of 1.3184 exposes the 1.3173 london low
US Michigan sentiment / inflation expectations 14:00 UTC could shift this read
06:46 UTC
Range after NY recovery, momentum flat · RSI 51 · price 1.31976
Consolidation below session high.
Cable recovered from the 1.3151 London low to 1.32186 in NY hours, then settled into a 1.3187–1.3207 range through Asia into the London open. The bounce was Dollar profit-taking after in-line US PCE rather than fresh Sterling demand; 1.3207 capped the latest push, RSI(14) neutral near 51.
Support: 1.3187, 1.3181, 1.3151
Resistance: 1.32074, 1.32186
What it said to watch
M15 close above 1.32074 reopens the 1.32186 spike high
Loss of 1.31870 puts the 1.31810 swing low back in play
UK GDP Tue 06:00 GMT is the next catalyst for this range
06:46 UTC
Grinding higher within broader range · RSI 59 · price 1.32046
Rising lows under capped highs.
Cable is grinding higher off the 1.3181 swing low into the London morning, posting a chain of higher lows but still capped at the 1.32074 session high. Wider 24h structure remains a range; the 1.32186 spike high from the NY session is the line that contains rebounds, consistent with the dollar-led, profit-taking bounce rather than fresh sterling demand.
Support: 1.31968, 1.31811, 1.3151
Resistance: 1.32074, 1.32186
What it said to watch
M15 close above 1.32074 opens the path to 1.32186
Loss of 1.31968 then 1.31811 reasserts the downside toward the 1.3151 low
UoM Michigan / inflation expectations 14:00 UTC could shift the USD read
Consolidation below 1.3200 psych after intraday recovery.
Cable is consolidating just under the 1.3200 psych level after recovering off the 1.3181 range low; the bounce is dollar profit-taking, not fresh GBP demand. RSI(14) sits neutral near 52 and price holds above EMA20/50 within a tight session range.
Support: 1.3187, 1.3181, 1.3151
Resistance: 1.32074, 1.32186
What it said to watch
M15 close above 1.32074 reopens the 1.32186 spike high
Loss of 1.31810 exposes the 1.3151 prior low
UoM Michigan inflation expectations at 14:00 UTC could shift the USD-driven read
Cable spent the Asian session grinding back to 1.3205 after the London-NY recovery off 1.3151, the bounce driven by USD profit-taking rather than fresh GBP demand. Price now coils just under the 1.3207 session high with RSI mid-60s; no clean break in play.
Support: 1.3187, 1.31644, 1.3151
Resistance: 1.3207, 1.32186
What it said to watch
M15 close above 1.32070 opens the path to 1.32186
Loss of 1.31870 reopens the 1.31644 swing low
UK GDP Tue 06:00 GMT is the key catalyst for the next leg
06:16 UTC
Range, mild upward drift · RSI 53 · price 1.31997
Consolidating below 1.3200 after recovery off day low.
Cable is grinding sideways just under the 1.3200 psych level after recovering off the 1.3151 day low, the bounce driven by Dollar profit-taking rather than fresh Sterling demand. RSI(14) sits neutral near 53; the 1.3207 session high has capped probes through the Asian and early-London hours.
Support: 1.3185, 1.3151
Resistance: 1.3200, 1.3207, 1.3219
What it said to watch
M15 close above 1.3207 opens the path to the 1.3219 day high
Failure to hold 1.3185 exposes the 1.3151 day low
US Michigan sentiment + inflation expectations at 14:00 UTC could shift the USD-driven read
Cable is grinding higher into the London open, recovering from the 1.31811 session low on a chain of higher lows back to the 1.32074 session high. Move reflects Dollar profit-taking rather than fresh Sterling demand per the macro read; RSI(14) near 62, not yet stretched. Pair still capped below the 1.32186 day high.
Support: 1.3198, 1.31811, 1.3174
Resistance: 1.32074, 1.32186
What it said to watch
M15 close above 1.32074 opens the path to 1.32186
Loss of 1.31980 breaks the higher-low chain
US Michigan sentiment/inflation expectations 14:00 UTC could shift USD direction
Cable bounced off the 1.3151 session low and ground steadily higher through Asia into early London, now pressing the 1.3207 session high with RSI(14) mid-60s. The lift owes more to faded dollar longs after in-line US Core PCE than to GBP strength; rebounds have so far stalled below the 1.32186 day high.
Support: 1.3200, 1.3187, 1.3181
Resistance: 1.32074, 1.32186
What it said to watch
M15 close above 1.32186 day high extends the grind higher
Failure to hold 1.3200 round number breaks the rising-low chain
UoM inflation expectations 14:00 UTC and Fed speakers could reprice USD
Higher lows off session low, grinding into prior high.
Cable ground higher through the quiet Asia session, reclaiming 1.3200 after the NY rebound off the 1.3151 session low — USD profit-taking, not GBP strength, doing the lifting per the soft-dollar read. Price is pressing the 1.3206 session high with a chain of higher lows holding above 1.31948; the 1.3219 prior high caps the move.
Support: 1.31948, 1.31801, 1.3151
Resistance: 1.3206, 1.32189
What it said to watch
Close above 1.32189 prior high extends the up-leg toward the 1.3245 cap
Failure to hold 1.31948 swing low breaks the higher-low chain
US Michigan inflation expectations 14:00 UTC could shift the USD read intraday
Cable ground higher through the Asia-London transition off the 1.31811 session low, reclaiming the 1.3200 handle as USD longs were trimmed post-PCE. RSI(14) elevated near 67 but not extreme; the NY session high at 1.32186 remains the near-term resistance to clear.
Support: 1.31976, 1.31811
Resistance: 1.32186, 1.3245
What it said to watch
M15 close above 1.32186 extends the leg toward the 1.3245 rebound cap
Loss of 1.31976 swing pivot breaks the higher-low chain
UoM inflation expectations 14:00 UTC could shift USD tone
Rising lows since the 1.3181 base, reclaiming 1.3200.
Asian session ground higher off the 1.3181 swing low, reclaiming the 1.3200 round number into the London handover with RSI mid-60s. The move is part of the short-covering bounce flagged in the digest as USD longs took profit post-PCE; 1.3218 day high still caps the upside.
Support: 1.3200, 1.3181, 1.3151
Resistance: 1.3218, 1.3245
What it said to watch
Close back below 1.3200 reopens the 1.3181 swing low
Break above 1.3218 day high exposes the 1.3245 cap zone
US Michigan sentiment + Fed Williams/Kashkari at 14:00 UTC could shift the USD side
Cable ground higher through the Asia session, reclaiming the 1.3200 round number after bouncing off the 1.3151 session low, with higher lows building from 1.31811. RSI mid-60s, not yet stretched; the 1.32186 session high is the immediate cap, with 1.3245 the broader rebound ceiling above it.
Support: 1.31811, 1.3174, 1.3151
Resistance: 1.32186, 1.3245
What it said to watch
M15 close above 1.32186 opens the path to the 1.3245 rebound cap
Loss of 1.31811 breaks the higher-low chain and reopens 1.3151
US Michigan data and Fed speakers at 14:00 UTC could shift this read
05:31 UTC
Recovering off lows, range-bound · RSI 62 · price 1.32026
Range, holding mid-upper third.
Cable recovered off the 1.3180 session low through Asia and now presses 1.3202 with RSI(14) near 62 — consistent with the digest's read of USD long-trimming post-PCE rather than fresh GBP demand. Ranging 1.3180–1.3217, with the twin highs at 1.3217 capping every rebound.
Support: 1.3180, 1.3151
Resistance: 1.3217, 1.3245
What it said to watch
M15 close above 1.3217 opens the path toward the 1.3245 cap
Failure to hold 1.3180 reopens the 1.3151 seven-month low
UoM/Fed speakers at 14:00 UTC could materially shift this read
Cable reclaimed the 1.3200 round number in early London after bouncing off 1.3181 through Asia, profit-taking on USD longs doing the work post US Core PCE rather than GBP strength. RSI(14) mid-range near 60; rebounds keep stalling under the 1.32070 intraday cap.
Support: 1.3200, 1.3181, 1.3151
Resistance: 1.3207, 1.32186
What it said to watch
Close above 1.32070 opens a path to the 1.32186 day high
Failure to hold 1.3200 reopens 1.3181 session low
UoM inflation expectations 14:00 UTC could shift USD and this read
Cable is grinding back toward the 1.3200 round number from the 1.31811 session low, holding above EMA20/50 after the earlier NY-session pop to 1.32186. Price is boxed between 1.3196 support and the 1.3206 minor high, RSI mid-range with no extreme; rebound is profit-taking on USD longs rather than fresh GBP demand.
Support: 1.31957, 1.31811, 1.3151
Resistance: 1.32055, 1.32186
What it said to watch
Close above 1.32186 session high reopens the upside
Failure to hold 1.31811 session low confirms a lower low
US Michigan sentiment 14:00 UTC could shift this read
05:01 UTC
Recovery off intraday low, grinding up · RSI 59 · price 1.32015
Rotating within 1.3181-1.3217 range, higher lows building.
Asian session grinding higher off the 1.3188 swing low toward the 1.3209 cap, recovering just over half of yesterday's NY drop from the 1.32186 PCE spike high. Price holds above EMA20/50 with RSI(14) near 59 — no extreme, range still intact between 1.3181 and 1.3217.
Support: 1.3188, 1.31811, 1.3174
Resistance: 1.3209, 1.3217, 1.32186
What it said to watch
M15 close above 1.32090 opens the path back to the 1.32170 prior high
Loss of 1.31880 reopens the 1.31811 session low
BoE Pill (Mon) and UK Q1 GDP (Tue) are the next material catalysts for cable
Consolidation under 1.3200 after recovery off 1.3180.
Cable recovered off the 1.3180 session low through the Asian hours and is grinding into the 1.3200 round number, which is capping for now. Price has held a 1.3151–1.3219 range over the past 24h, with RSI(14) neutral near 57 and no momentum extreme in play.
Support: 1.31801, 1.3174, 1.3151
Resistance: 1.3200, 1.32189
What it said to watch
Sustained M15 close above 1.3200 opens the path back to the 1.32189 session high
Loss of 1.3180 reopens the 1.3174 swing low and the 1.3151 range low
UK Q1 GDP Tue 06:00 GMT could shift the intraday read materially
Cable ground back to 1.3198 through the Asia-into-London handover, recovering from the 1.3180 session low as the Dollar consolidated off highs post in-line PCE. Price is now stalling just under the 1.3201 session high with RSI mid-range and ATR near 36 pips.
Support: 1.3187, 1.31801, 1.3160
Resistance: 1.32015, 1.32186
What it said to watch
M15 close above 1.32015 opens the path to 1.32186
Failure to hold 1.31870 reopens the 1.3160 pivot
UoM inflation expectations + Fed speakers at 14:00 UTC could shift this read
04:46 UTC
Recovering, grinding higher into round number · RSI 61 · price 1.31997
Range with rising intraday lows.
Cable is grinding back to the 1.3200 round number through the quiet Asia session after holding above 1.3187, having bounced off the 1.3151 session low on USD profit-taking post-PCE. RSI(14) sits mid-range near 60 with rising intraday lows; price still capped below the 1.32186 day high.
Support: 1.3187, 1.3160, 1.3151
Resistance: 1.32186, 1.3245
What it said to watch
M15 close above 1.32186 day high opens the path toward the 1.3245 cap
Failure to hold 1.3187 exposes the 1.3160 pivot
UoM sentiment and Fed Williams/Kashkari (14:00-15:30 UTC) could shift this read
04:31 UTC
Recovering, range-bound · RSI 58 · price 1.31997
Rising lows back toward range top.
Cable ground higher through the Asia session toward the 1.3200 round number after the prior NY spike to 1.3219 faded, with USD bulls easing off post-PCE. Rising lows since London close off the 1.3151 base, RSI(14) near 58 — well short of overbought. Price now pressing the 1.3205 intraday high.
Support: 1.3180, 1.3160, 1.3151
Resistance: 1.3205, 1.3219
What it said to watch
M15 close above 1.3219 session high opens path to the 1.3245 cap
Loss of 1.3180 swing low reopens 1.3160 pivot
US Michigan sentiment at 14:00 UTC could shift this read
GBPUSD ground higher off the 1.3151 session low and is now retesting 1.3200, consolidating in a 1.3185–1.3200 band in thin Asian-session trade. RSI(14) is neutral near 57 and the 1.3217 high from the prior NY session still caps; Sterling firmer after the dollar faded post-PCE.
Support: 1.3185, 1.3151
Resistance: 1.3200, 1.3217
What it said to watch
M15 close above 1.3217 reopens upside toward the 1.3245 cap
Loss of 1.3185 reopens the 1.3151 session low
US Michigan sentiment 14:00 UTC could shift the dollar tone
04:16 UTC
Range with mild recovery · RSI 58 · price 1.31984
Consolidation off 1.3185 low.
Cable bounced off the 1.3185 range low during the Asia session and is grinding back toward 1.3200 into the London open, after yesterday's post-PCE pop to 1.3219 faded. Price has held a 1.3185–1.3200 range for several hours; RSI(14) mid-50s, ATR compressed near 6 pips.
Support: 1.3185, 1.3160, 1.3151
Resistance: 1.3200, 1.3219, 1.3245
What it said to watch
M15 close above 1.3200 then 1.3219 opens the 1.3245 cap
Loss of 1.3185 exposes the 1.3160 pivot, then 1.3151
Consolidating after bounce, higher lows into Asia.
GBPUSD bounced from the 1.3151 session low through London-NY and has since drifted in a tight 1.3180–1.3198 band through the quiet Asia session, RSI(14) mid-range near 55. Price sits just under the 1.3217 session high after the broad USD faded post-PCE; buyers held the rising series of lows around 1.3180.
Support: 1.3180, 1.3170, 1.3151
Resistance: 1.3217, 1.32186, 1.3245
What it said to watch
Close above 1.3217 reopens the path toward the 1.3245 rebound cap
Loss of 1.3180 puts 1.3170 then the 1.3151 session low back in play
UK GDP Jun 30 06:00 GMT could materially shift this read
Cable rallied off 1.3151 to a NY-session high of 1.3218 — a USD wobble post-PCE — then bled back through the overnight Asia session, printing lower highs into 1.31996. Now ranging 1.3180–1.3197 around EMA20, RSI(14) neutral near 51.
Support: 1.31801, 1.3151
Resistance: 1.31996, 1.32186
What it said to watch
M15 close above 1.31996 supply reopens the path to the 1.3218 rally high
Loss of 1.31801 session low exposes the 1.3151 swing low
US Michigan sentiment + Fedspeak at 14:00 UTC could shift USD tone
Cable bounced off 1.3151 to a 1.3219 session high as the Dollar faded post-PCE, then settled into a 1.3181–1.3207 range; price is back at 1.3197 with RSI mid-range. No clean directional setup — consolidation holding above the session low.
Support: 1.3181, 1.3160, 1.3151
Resistance: 1.3207, 1.32186
What it said to watch
M15 close above 1.3207 reopens the 1.3219 session high
Loss of 1.3181 exposes the 1.3160 pivot, then 1.3151
US Michigan sentiment 14:00 UTC could shift this read
03:46 UTC
Range after NY rally faded · RSI 49 · price 1.31924
Consolidation under session high, lower highs since peak.
London-NY hours lifted Cable off the 1.3151 session low to a 1.32189 high on USD profit-taking after the hot PCE print, but the move faded and Asian session is grinding sideways near 1.3192 on thin volume. Lower highs since the peak with price pinned to EMA20; supply has capped each push back toward 1.3200.
Support: 1.31811, 1.3151
Resistance: 1.3200, 1.32189
What it said to watch
M15 close above 1.3200 reopens the 1.32189 session high
Loss of 1.31811 puts the 1.3151 low back in play
US Michigan sentiment 14:00 UTC could shift the USD read
03:46 UTC
Range, drifting lower · RSI 46 · price 1.31875
Consolidating below 1.3218 session high.
Cable rejected the NY session high at 1.3218 and has drifted back into a quiet Asian-session range, now sitting near the 50% retrace (~1.3185) of the 1.3151–1.3218 leg on thin volume. Price is below EMA20/50 with RSI(14) mid-range; no setup in play between 1.3181 and 1.3200.
Support: 1.31811, 1.3151, 1.3160
Resistance: 1.3200, 1.32189
What it said to watch
M15 close below 1.3181 reopens the 1.3160 pivot, then 1.3110 area
Reclaim of 1.3200 puts the 1.3218 session high back in play
US Michigan sentiment + Fedspeak (Williams/Kashkari) later today could shift dollar tone
Cable bounced off the 1.3151 swing low and ran to a 1.3218 session high during the prior NY hours, but the Asia session has rejected that high and drifted into a tight 1.3181–1.3198 consolidation. Price now sits at 1.31875 near the lower edge, RSI(14) mid-40s with ATR compressed to ~7 pips.
Support: 1.3181, 1.3160, 1.3151
Resistance: 1.3198, 1.32189
What it said to watch
M15 close below 1.3181 exposes the 1.3160 pivot, then the 1.3151 swing low
Close above 1.3198 reopens the 1.3218 session high
US Michigan sentiment / inflation expectations 14:00 UTC could shift the USD read
03:31 UTC
Range, drifting lower · RSI 45 · price 1.31885
Lower highs off session peak, holding range.
Cable spiked to 1.3219 in the NY session, rejected there and faded back through the round 1.3200 into the Asia session, now drifting at 1.3188 below both EMAs. RSI(14) mid-range near 44 with thin Asian volume; price ranging 1.3181–1.3200 after the bounce off 7-month lows.
Support: 1.31811, 1.3151, 1.3160
Resistance: 1.3200, 1.32189
What it said to watch
M15 close below 1.3181 reopens the 1.3160 pivot then 1.3151
Reclaim of 1.3200 puts the 1.3219 session high back in play
US Michigan sentiment/inflation expectations 14:00 UTC could shift the dollar read
03:16 UTC
Pullback after NY rally, momentum flat · RSI 43 · price 1.31885
Consolidation under lower highs.
Cable drifted off the NY session high near 1.3219 and is consolidating in the 1.3181–1.3200 band through quiet Asia hours, RSI(14) mid-range. Lower highs are capping rebounds while 1.3181 has held the recent dip.
Support: 1.3181, 1.3174
Resistance: 1.3200, 1.3207
What it said to watch
M15 close below 1.31810 exposes 1.31740
Reclaim of 1.32000 reopens the 1.32070 session high
03:16 UTC
Drifting lower off NY highs · RSI 42 · price 1.31834
Lower highs, breaking intraday support.
Cable spiked to 1.32189 during NY hours as the Dollar eased post-PCE, then bled lower through the Asia session into 1.31834, printing a chain of lower highs. Price now sits below EMA20/50 and is testing session-low support at 1.31801; RSI(14) near 41, not yet oversold.
Support: 1.31801, 1.3174, 1.3160
Resistance: 1.3198, 1.3207, 1.32189
What it said to watch
M15 close below 1.31801 confirms a lower low and opens 1.3160 pivot
Reclaim of 1.3198 swing high negates the downward drift
Thin Asia liquidity can exaggerate moves into London open
03:01 UTC
Drifting lower off session high · RSI 43 · price 1.31834
Lower highs since 1.3218, holding 1.3181.
Cable spiked to a 1.3218 session high during the NY session before grinding back through Asia hours, printing lower highs into 1.3197. Price now sits at 1.3183, mid-way through the 1.3151–1.3218 swing, with RSI(14) cooling toward neutral and the 1.3181 swing low absorbing the latest dip.
Support: 1.3181, 1.3174, 1.3151
Resistance: 1.3197, 1.3217
What it said to watch
M15 close below 1.3181 exposes 1.3174 then the 1.3151 session low
Reclaim of 1.3197 reopens a test of the 1.3217 session high
03:01 UTC
Pullback after intraday rally · RSI 42 · price 1.31845
Lower highs off session top, range broke lower.
NY session rally peaked at 1.3219 before price consolidated 1.3190–1.3200 through the Asian session on thin volume. That range broke lower into 1.3184, parking price on the 50% retrace of the 1.3151–1.3219 leg with RSI(14) cooling near 42.
Support: 1.31811, 1.3174, 1.3160
Resistance: 1.3196, 1.32189
What it said to watch
Loss of 1.3181 confirms a lower-low and exposes 1.3174
Reclaim of 1.3196 reopens the 1.3219 session high
1.3160 pivot break aligns with the broader downside path
02:46 UTC
Pullback after NY rally, lower highs · RSI 42 · price 1.31845
Rejected 1.3218, drifting lower into Asia.
Cable spiked to a 1.3218 session high during NY hours on USD profit-taking, then faded; the Asia session is drifting lower toward the 1.3181 low with price slipping back under EMA20/50. Move is sitting around the 50% retrace of the NY rally, no clean setup in play.
Support: 1.3181, 1.3155, 1.3140
Resistance: 1.3200, 1.3218
What it said to watch
M15 close below 1.3181 opens the path to 1.3155
Reclaim of 1.3200 needed to neutralise the pullback
Asia liquidity thin — moves can overshoot both ways
02:46 UTC
Ranging, late drift lower · RSI 39 · price 1.31826
Asian range, downside break in progress.
Asia session held a tight 1.3187-1.3198 range before the last hour broke below to 1.3182, RSI(14) cooling toward 38. Price now sits on the 50% retrace of the prior 1.3151-1.3219 advance with the asia floor giving way.
Support: 1.3181, 1.3160, 1.3151
Resistance: 1.3198, 1.32189
What it said to watch
M15 close back above 1.31980 negates the downside break
Sustained trade below 1.31810 opens 1.3160 then the 1.3151 swing low
Thin Asia liquidity — moves can extend on low volume
02:31 UTC
Fading from NY high, drifting lower · RSI 39 · price 1.31826
Lower highs after rounded top, breaking consolidation floor.
NY session spiked to 1.3219 on US data flow, then rolled over into a rounded top and faded through thin Asia hours. Price has slipped below the 1.3187 consolidation floor to 1.3182, RSI(14) cooling near 39 — currently sitting on the 50% retrace of the prior rally.
Support: 1.3181, 1.3174, 1.3151
Resistance: 1.3197, 1.32186
What it said to watch
M15 close below 1.3174 confirms a lower low toward 1.3151 range low
Reclaim of 1.3197 negates the fade and reopens the session high
Asia liquidity thin; moves can be choppy until London open
02:31 UTC
Range after NY spike faded · RSI 45 · price 1.31863
Consolidation below 1.3200, drifting toward range lows.
NY session spiked to 1.3219 on the post-PCE USD wobble, then faded into a 1.3185-1.3200 range that Asia has carried sideways on thin volume. Price now sits at the lower edge near 1.3186, RSI(14) mid-40s, with 1.3200 capping rebounds.
Support: 1.3185, 1.3174, 1.3151
Resistance: 1.3200, 1.3219
What it said to watch
M15 close above 1.3200 reopens the 1.3219 session high
Loss of 1.3185 exposes the 1.3174 swing low
UK Q1 GDP Tue 06:00 UTC is the next domestic catalyst, not imminent
02:16 UTC
Range, drifting lower · RSI 45 · price 1.31863
Consolidation under session high.
Cable spiked to a session high at 1.32186 during NY hours on USD trimming after in-line PCE, then faded back into an Asian-session range between the recent high 1.31998 and recent low 1.31857. Price is grinding the lower edge of that range, holding ~50% of the prior rally with RSI(14) mid-range near 44.
Support: 1.31857, 1.3174, 1.3151
Resistance: 1.31998, 1.32186
What it said to watch
M15 close below 1.31857 exposes the 1.31740 swing low
Reclaim of 1.31998 reopens the 1.32186 session high
02:16 UTC
Rally faded, now ranging · RSI 46 · price 1.3191
Consolidation under session high after pullback.
NY session drove Cable from the 1.3151 low to a 1.3218 session high after in-line US PCE trimmed Fed-hike bets; price has since faded to 1.3191 and is now drifting in a quiet Asia-session range. RSI(14) mid-40s, EMA20/50 capping just overhead.
Support: 1.3186, 1.3151
Resistance: 1.3200, 1.3218
What it said to watch
M15 close above 1.3200 reopens the 1.3218 session high
Loss of 1.3186 exposes the 1.3151 session low
Asia volumes thin — moves into London open could reset the range
02:01 UTC
Rally faded, now ranging · RSI 45 · price 1.3191
Consolidation under NY high.
NY session spiked to 1.3218 as in-line US PCE trimmed USD longs, then Cable bled back to ~1.3190 and has ranged through the Asia hours between 1.3185 and 1.3200. RSI(14) sits mid-40s with price pinned just under EMA20/50, no momentum either way.
Support: 1.3185, 1.3155
Resistance: 1.3200, 1.3217
What it said to watch
M15 close below 1.3185 reopens the 1.3155 london low
Reclaim of 1.3200 puts the 1.3217 ny high back in play
UK Q1 GDP (Tue 06:00 UTC) is the next domestic catalyst
02:01 UTC
Sideways, momentum flat · RSI 48 · price 1.31898
Range-bound after NY fade.
Cable spiked to 1.32186 during NY hours on USD-long trimming after in-line PCE, then faded into a tight Asian-session range around 1.3187-1.3205. Price is drifting at the lower half near 1.3190 with RSI(14) flat near 48; no setup in play.
Support: 1.3184, 1.3151
Resistance: 1.3205, 1.32186
What it said to watch
M15 close above 1.32050 reopens the 1.32186 session high
Close below 1.31840 exposes the 1.31510 range low
01:46 UTC
Range, drifting lower off session high · RSI 44 · price 1.31898
Consolidation below 1.3219, holding above 1.3187.
Cable spiked to a 1.32186 session high during NY hours after the in-line US PCE trimmed USD longs, then rejected and drifted lower through a quiet Asian session, now hovering 1.3190 near recent lows with RSI(14) mid-40s. Range bound between 1.3187 support and 1.3198, no momentum either way.
Support: 1.3187, 1.3184, 1.3151
Resistance: 1.3198, 1.3217, 1.32186
What it said to watch
M15 close below 1.31870 confirms a lower-low and opens 1.3184 then 1.3151
Reclaim of 1.31980 needed to retest the 1.3217 session high
Thin Asian-session liquidity ahead of London open
01:46 UTC
Range after NY rally, momentum flat · RSI 54 · price 1.31967
Asia consolidation under 1.3200.
Cable spiked to 1.32186 during NY as USD longs were trimmed on the in-line US PCE print, then faded into a tight Asia range between 1.3185 and 1.3200. Last few bars recovered toward 1.3197 but the 1.3200 round level still caps; RSI(14) neutral near 54, ATR compressed to ~6 pips.
Support: 1.31844, 1.3170, 1.3151
Resistance: 1.3200, 1.32186
What it said to watch
M15 close above 1.3200 reopens the 1.32186 session high
Failure to hold 1.31844 confirms a lower low and exposes 1.3170
Thin Asia liquidity — moves can overshoot before London open
01:31 UTC
Range after intraday pop · RSI 58 · price 1.31976
Consolidation under session high.
Cable spiked to 1.3218 during NY hours then faded, with supply capping near 1.3217 and 1.3205 on the retest. Asia session has been grinding sideways in a tight 1.3187–1.3198 band; RSI(14) neutral near 58 with no momentum extreme.
Support: 1.3187, 1.31844
Resistance: 1.3205, 1.3217
What it said to watch
M15 close above 1.32050 reopens the 1.32170 session high
Loss of 1.31844 swing low resumes the prior down-leg
UK GDP Tue is the next material UK catalyst, outside this window
01:31 UTC
Consolidating after pullback · RSI 54 · price 1.31967
Range-bound, holding mid-range.
Cable faded the 1.3217 session high into low-volume Asia hours and is now ranging 1.3185–1.3200 after the post-PCE squeeze off the 1.3151 low. Price is pinned at the 1.3200 psych level with RSI mid-range; no setup in play.
Support: 1.3185, 1.3151, 1.3144
Resistance: 1.3200, 1.3217
What it said to watch
M15 close above 1.3200 reopens the 1.3217 session high
Break below 1.3185 swing low confirms a lower-low toward 1.3151
Thin Asia liquidity can exaggerate moves before London open
01:16 UTC
Range after NY rally, momentum flat · RSI 55 · price 1.31976
Consolidation inside Asian range.
Cable is ranging 1.3187–1.3200 through the Asia session after NY pushed to a 1.32186 session high and faded, RSI(14) neutral near 55. The bounce off 7-month lows lacks conviction per the soft-GBP backdrop; price is drifting on thin volume back toward the 1.3200 round number.
Support: 1.3187, 1.3174, 1.3155
Resistance: 1.3200, 1.3207, 1.32186
What it said to watch
M15 close below 1.3187 opens the 1.3174 swing low
M15 close above 1.3200 reopens the 1.32186 session high
UK GDP Tue 06:00 GMT is the next material catalyst for this pair
01:16 UTC
Rally faded, now flat · RSI 48 · price 1.31939
Ranging below session high after rejection.
NY session spiked to 1.3218 then faded, with supply capping at the session high through the afternoon. Asian session is quiet and thin (volume drying up), drifting in a tight 1.3185–1.3195 range just under the 1.3200 round number.
Support: 1.3185, 1.3151, 1.3140
Resistance: 1.3200, 1.3217
What it said to watch
M15 close below 1.3185 reopens the 1.3151 london low
Close above 1.3200 puts the 1.3217 session high back in play
UK GDP Tue 06:00 GMT is the next high-impact catalyst
01:01 UTC
Range after NY rally faded · RSI 52 · price 1.31939
Ranging in Asia below session high.
NY session pushed Cable to a session high at 1.32186 after the in-line PCE and Michigan data trimmed USD longs, then the move faded back into the 1.3187–1.3203 range. Asia is quiet and directionless around the 38.2% retrace of that rally, RSI neutral near 52 and ATR thin at ~4 pips.
Support: 1.3187, 1.3174
Resistance: 1.3203, 1.32186
What it said to watch
M15 close below 1.3187 opens the 1.3174 swing low
Reclaim of 1.3203 needed to retarget the 1.32186 session high
Cable rallied off the 1.3151 low to a 1.32186 session high during the London-NY hours as USD longs were trimmed into PCE, then faded back toward 1.3187. Asian session has compressed into a tight 1.3185-1.3193 range, volume thinning, price hugging the lows of the prior advance.
Support: 1.31844, 1.3174, 1.3151
Resistance: 1.31996, 1.3205, 1.32186
What it said to watch
M15 close above 1.32050 reopens the 1.32186 session high
Loss of 1.31844 swing low confirms a lower low and exposes 1.31740
00:46 UTC
Pullback off highs, now flat · RSI 47 · price 1.31914
Consolidation under session high.
Cable rallied to a 1.3219 NY session high after USD longs were trimmed into in-line US PCE, then drifted back to consolidate around 1.3190 in thin Asia trade. RSI(14) sits neutral near 47 and ATR has compressed; price is pinned just under its 20- and 50-bar EMAs with no intraday setup in play.
Support: 1.3184, 1.3155
Resistance: 1.3196, 1.3205, 1.32186
What it said to watch
M15 close above 1.31960 then 1.32050 reopens the 1.32186 session high
Failure to hold 1.31840 exposes the 1.31550 london low
Thin Asia volume keeps ranges tight until London open
NY session pushed cable to a 1.32189 session high twice and stalled, leaving a double top; price has since drifted back to 1.3192 in quiet Asia hours with RSI in the mid-40s. The move is a corrective bounce off 7-month lows near 1.3140, with GBP still soft after the Starmer resignation and weak UK PMIs.
Support: 1.31854, 1.3151
Resistance: 1.3200, 1.32189, 1.3245
What it said to watch
UoM Michigan inflation expectations 14:00 UTC could shift the USD leg of this read
M15 close below 1.31854 confirms a lower-low and reopens the 1.3151 session low
Reclaim of 1.3200 needed before the 1.32189 session high comes back into play
00:31 UTC
Pullback after NY rally, momentum fading · RSI 44 · price 1.31918
Session high set, drifting lower in Asia.
NY session pushed cable to a session high at 1.3217 then faded, and price is now drifting lower through Asia hours toward the 1.3184 swing low on thin volume. The bounce off 7-month lows lacks conviction, holding below the 1.3200 psych level after the in-line US PCE print.
Support: 1.3184, 1.3170, 1.3151
Resistance: 1.3200, 1.3217
What it said to watch
M15 close below 1.3184 swing low opens the 1.3170 prior low
Reclaim of 1.3200 psych needed to retest the 1.3217 session high
00:31 UTC
Drifting lower after NY rally faded · RSI 44 · price 1.31914
Asia consolidation below session high, lower highs.
NY session pushed Cable to a 1.3218 session high then faded as USD eased on in-line PCE; the rally lacked conviction and Asia is drifting lower on thin volume toward 1.3185. Price sits just under EMA20/50 around 1.3191, holding inside the 1.3185–1.3205 range.
Support: 1.3185, 1.3170, 1.3151
Resistance: 1.3205, 1.3218
What it said to watch
M15 close below 1.3185 confirms a lower-low and reopens 1.3170
Reclaim of 1.3205 puts the 1.3218 session high back in play
UK GDP Tue 06:00 GMT and US Michigan today 14:00 UTC could shift this read
Cable pushed to a 1.32189 session high during the London-NY hours after trimming USD longs into US PCE, then drifted back to 1.3191 on thin Asia-session volume. Price is consolidating just under EMA20/50 with RSI(14) mid-range and no momentum either way.
Support: 1.3184, 1.3151
Resistance: 1.3207, 1.32189
What it said to watch
M15 close below 1.31840 opens the path toward the 1.31510 range low
Reclaim of 1.32070 reopens the 1.32189 session high
Asia volume is light; London open may set the next directional leg
00:16 UTC
Pulling back after intraday rally · RSI 43 · price 1.31877
Lower highs off 1.3217 session high, drifting into Asia.
Cable spiked through the London-NY session to a 1.3217 session high as USD longs were trimmed on the in-line PCE bundle, then printed lower highs and ground back to 1.3188 through thin Asia hours. Price sits near the asian low around 1.3185 with RSI(14) cooling to the low-40s, roughly the 50% retrace of the 1.3151-1.3217 leg.
Support: 1.3185, 1.3151, 1.3140
Resistance: 1.3205, 1.3217
What it said to watch
M15 close below 1.3185 asian low opens the 1.3151 swing low
Reclaim of 1.3205 intraday needed to re-target the 1.3217 session high
US Michigan inflation expectations 14:00 UTC and UK GDP Tue are the next catalysts
00:01 UTC
Pullback after NY rally, below EMAs · RSI 42 · price 1.31877
Consolidating below intraday high.
Cable spiked to a 1.32189 session high during NY hours as USD eased toward DXY 101.50, then faded through the 1.3196 supply. Asia session is quiet and thin, consolidating around 1.3188 just below EMA20/50 with twin rejections at 1.3219 marking the ceiling.
Support: 1.3184, 1.3174, 1.3151
Resistance: 1.3196, 1.32189
What it said to watch
M15 close above 1.31960 reopens the 1.32189 session high
Loss of 1.31840 exposes the 1.31740 swing low
UK GDP Tue 06:00 GMT is the next high-impact catalyst
Cable bounced off 7-month lows to a session high at 1.3217 during NY hours as USD longs were trimmed into PCE, then stalled and rolled over. Asian session is drifting lower, consolidating between 1.3185 and 1.3205 with RSI(14) flat near 44 and price slipping under both EMAs.
Support: 1.3185, 1.3151
Resistance: 1.3205, 1.3217
What it said to watch
M15 close below 1.3185 reopens the 1.3151 session low
Reclaim of 1.3205 puts the 1.3217 session high back in play
UK GDP Tue 06:00 GMT is the next major catalyst for this pair