Cable has trended steadily lower since the weekend gap, sliding from the 1.3360 week high through the 1.3300 round number and printing a session low at 1.3284 during NY hours. The move is dollar-driven, with GBP lagging into Thursday's BoE hold, and RSI(14) sits sub-40 with price pinned below EMA20 and EMA50. The 1.3345 weekly pivot now caps rebounds after the range break.
Support: 1.3284, 1.3250
Resistance: 1.3300, 1.3345, 1.3363
What it said to watch
H1 close back above 1.3300 round number would neutralise the breakdown read
Failure to hold 1.3284 session low confirms continuation of lower lows
FOMC Wed 18:00 UTC is the dominant USD-side catalyst for this pair
GBPUSD has trended lower since Monday's open, printing a steady sequence of lower highs and lower lows and breaking to a fresh week low at 1.3284 during the NY session. Price is capped below EMA20 near 1.3325 with RSI(14) holding in the mid-30s, reflecting sustained pressure as USD firmed and sterling lagged into the BoE/FOMC double-header. The 1.3300 round number now acts as overhead resistance after the break.
Support: 1.3284, 1.3266
Resistance: 1.3300, 1.3325
What it said to watch
H1 close back above 1.3300 would challenge the lower-high sequence
Loss of 1.3284 confirms continuation lower toward 1.3266
FOMC Wed and BoE Thu are the dominant risks that could reset this read
GBPUSD has printed a clean sequence of lower highs since the mid-week bounce stalled near 1.3363, sliding into 1.3290 with price trading below EMA20 and EMA50 the entire back half of the window. The move is USD-driven — a firmer dollar into FOMC week has capped Sterling despite strong UK data — and the weekend gap opened slightly higher before sellers resumed. RSI(14) sits in the mid-30s as the swing low at 1.3284 comes back into focus.
Support: 1.3284, 1.3300
Resistance: 1.3318, 1.33345
What it said to watch
H1 close below 1.3284 confirms a fresh lower-low
Reclaim of 1.3318 (ema20) would neutralise the downtrend read
FOMC Wed and BoE Thu are the dominant catalysts for this pair
GBPUSD has trended lower all week, rolling over from the 1.3363 area and slicing through the 1.3300 round number into the NY session, printing successive lower highs and lower lows. Price sits below both EMA20 and EMA50 with RSI(14) pressed into the low-30s, tracking the broadly firmer USD as markets consolidate into FOMC. The 1.3284 session low is the immediate line holding the decline.
Support: 1.3284, 1.3300
Resistance: 1.3345, 1.3363
What it said to watch
H1 close below 1.3284 confirms continuation of the lower-low sequence
Reclaim of 1.3345 pivot would neutralise the downtrend read
FOMC Wed 18:00 UTC and BoE Thu 11:00 UTC are the dominant catalysts and could reset this structure
GBPUSD has trended lower since Friday's session peak at 1.33633, sliding through the 1.3300 round number and printing a fresh low at 1.32840 into the current bar. Price sits below both EMA(20) and EMA(50) with RSI(14) pressed into the low-30s, and each rally into the descending lower-highs line has been faded. Sterling never capitalised on strong UK data last week, leaving the pair USD-led.
Support: 1.3284, 1.3270
Resistance: 1.3300, 1.33345, 1.33633
What it said to watch
H1 close back above 1.3300 would ease downside pressure and challenge the lower-highs line
Loss of 1.32840 confirms continuation of the lower-low sequence
FOMC Wed and BoE Thu are the dominant catalysts and could reshape this read
GBPUSD has trended lower all session, slipping under the 1.3300 handle and printing fresh lows near 1.3284 into the NY hours. The move fits a broadly firmer USD and cautious Sterling ahead of the FOMC and BoE, with the 1.3340/45 pivot repeatedly capping bounces. Price sits below EMA20 and EMA50 with RSI(14) pressed into the low-30s.
Support: 1.3284, 1.3250
Resistance: 1.3300, 1.3340
What it said to watch
H1 close back above 1.3300 negates the breakdown read
Loss of 1.3284 opens the path toward 1.3250
FOMC Wed and BoE Thu are the dominant catalysts for this pair
20:02 UTC
Downtrend, pressing lows · RSI 36 · price 1.32917
Sequence of lower highs and lower lows.
Sterling has trended steadily lower since the week reopened near 1.336, sliding through 1.3300 into the NY session to a fresh week low at 1.3284, driven by a firmer USD ahead of the FOMC. Price sits below EMA20 and EMA50 with RSI(14) hovering in the mid-30s, and the 1.3340 pivot capped the early rebound before sellers regained control. The 1.3300 round number, previously support, is now the level to watch as resistance.
Support: 1.3284, 1.3250
Resistance: 1.3300, 1.3325, 1.3340
What it said to watch
Loss of 1.3284 confirms a lower low and opens the 1.3250 psych level
Reclaim of 1.3300 and a close back above the 1.3325 ema20 would ease the downside pressure
FOMC (Wed) and BoE (Thu) are the dominant catalysts and could materially shift this read
Since Monday's open near 1.3340, GBPUSD has ground steadily lower, printing lower highs and lower lows into the NY session and now sitting at 1.3292, the session low. The decline is USD-led with the greenback firm ahead of Wednesday's FOMC, while Sterling stays two-way before Thursday's BoE. RSI(14) in the low 30s with price pinned below EMA20 and EMA50 confirms the downside momentum.
Support: 1.3284, 1.3280
Resistance: 1.3300, 1.3340
What it said to watch
H1 close below 1.3284 confirms continuation of the lower-low sequence
Reclaim of the 1.3300 round number needed to challenge the 1.3340 pivot
FOMC Wed and BoE Thu are the dominant catalysts that could reset this read
Cable has trended lower since the week reopened near 1.3340, grinding through a series of lower highs and lower lows with price pinned below both EMA(20) and EMA(50). The decline accelerated through the NY session, tagging a fresh week low at 1.3284 with RSI(14) down near 34 and no bullish divergence yet. The move is largely USD-led into a heavy central-bank week.
Support: 1.3284
Resistance: 1.3300, 1.3320
What it said to watch
H1 close back above 1.3300 psych would ease the downside pressure
Break and hold below 1.3284 week low confirms a fresh lower low
FOMC Wed and BoE Thu are dominant catalysts that can reshape this read
Cable has trended lower through the NY session, breaking the 1.3300 psych level and printing fresh session lows at 1.3284 with price stretched below both EMA(20) and EMA(50). The slide is USD-led as the dollar softened but held its bid into event risk; RSI(14) sits in the low 30s reflecting the momentum. The mid-1.33s consolidation seen earlier in the window has given way to a clean leg down.
Support: 1.3284, 1.3280
Resistance: 1.3300, 1.3318
What it said to watch
H1 close back above 1.3300 psych would neutralise the breakdown
Failure to hold 1.3284 confirms continuation lower
Upcoming FOMC and BoE decisions this week are large USD/GBP swing factors that could reset this read
Cable has ground lower off the 1.3395 week high, breaking the 1.3300 psych pivot into the NY session and printing fresh week lows at 1.3284. Price sits well below EMA(20) and EMA(50) with RSI(14) pressed toward oversold near 32, the decline USD-led as flows position ahead of FOMC. The 1.3300 handle now caps as the nearest resistance after the breakdown.
Support: 1.3284, 1.3280
Resistance: 1.3300, 1.3335
What it said to watch
H1 close back above 1.3335 prior-support would neutralise the lower-high sequence
Failure to hold 1.3284 week low confirms continuation lower
FOMC Wed and BoE Thu are the dominant catalysts and could reset this read
Sterling has trended lower since the week's open near 1.3340, sliding through the 1.3300 pivot during the NY session with RSI(14) pressing into the low-30s. Price sits below both EMAs and the latest bars printed a fresh session low at 1.3284. The leg is largely USD-driven, with the dollar firming into Wednesday's FOMC.
Support: 1.3284, 1.3250
Resistance: 1.3300, 1.3335
What it said to watch
Hourly close back above 1.3300 pivot would neutralise the breakdown
Failure to hold 1.3284 session low confirms continuation of lower lows
FOMC Wed 29 Jul is the dominant USD-side risk into next sessions
17:02 UTC
Downtrend, at fresh lows · RSI 38 · price 1.3303
Lower highs, lower lows since Monday open.
Cable gapped in near 1.3340 to open the week but has bled lower through Monday's NY session, printing a fresh weekly low at 1.3299 and now hugging that level into the close. Price sits below EMA20 and EMA50 with RSI in the high-30s, and the mid-1.33s (1.3345) capped the early-week bounce. USD softness on US-Iran de-escalation is being offset by positioning ahead of midweek FOMC, leaving the tape heavy.
Support: 1.3299, 1.3300
Resistance: 1.3335, 1.3345
What it said to watch
H1 close below 1.3299 weekly low extends the lower-low sequence
Reclaim of 1.3335 ema20 would neutralise the downtrend read
FOMC Wed and BoE Thu are large two-sided swing factors for this pair
Cable has drifted lower since this week's ~1.3340 open, printing a sequence of lower highs and slipping through the NY session to press the 1.3299 week low. Price sits below the H1 EMA20 near 1.3335 with RSI(14) sub-40, and demand around 1.3299 has held twice, forming a shallow double-bottom base. The pullback is USD-led on the US-Iran de-escalation theme rather than a fresh sterling catalyst.
Support: 1.3299, 1.3277
Resistance: 1.3335
What it said to watch
H1 close below 1.3299 confirms a lower low toward the 1.3277 swing low
Reclaim of the 1.3335 EMA20 would ease the downside pressure
FOMC and BoE this week are large USD/GBP swing risks that could override this read
GBPUSD has trended lower since Monday's open, carving successive lower highs with the 1.3340 zone capping every rebound this week — consistent with the fiscal-drag cap flagged in the digest despite firmer UK data. The NY session drove the latest leg, breaking the 1.3300 round number and printing a fresh week low at 1.3299 with RSI(14) near 34. Price sits below both EMA(20) and EMA(50), and pullbacks have repeatedly stalled at the descending lower-high line.
Support: 1.3299, 1.3300, 1.3285
Resistance: 1.3340
What it said to watch
H1 close back above 1.3340 invalidates the lower-high sequence
GBPUSD has ground lower through the week, printing successive lower highs and dropping into the 1.3299 area during the NY session, with price trading below both EMA20 and EMA50. The slide is broadly USD-story and fiscal-drag driven; strong UK PMI and retail beats failed to lift sterling. Buyers stepped in near 1.3299 twice, matching the earlier week low, but RSI(14) sits near oversold and momentum stays soft.
Support: 1.3299, 1.3300
Resistance: 1.3340
What it said to watch
H1 close below 1.3299 confirms a fresh lower low
Reclaim of 1.3340 needed to break the lower-high sequence
FOMC Wed 18:00 UTC and BoE Thu 11:00 UTC compound two-way risk into this read
15:02 UTC
Downtrend, momentum building lower · RSI 34 · price 1.33011
Lower highs, testing week low.
GBPUSD opened this week near 1.3340, pushed to a 1.3363 high early Monday, then rolled over through the NY session in a clean sequence of lower highs — the slide tracks broad USD moves more than sterling itself. Price is now pressing the 1.3300 psych level, which sits atop the 1.3299 week low, with RSI(14) around 34 and price held below both EMA(20) and EMA(50). The 1.3340 zone capped the last bounce and remains the pivot the week's decline is measured against.
Support: 1.3300, 1.3299
Resistance: 1.3340, 1.3363
What it said to watch
H1 close below 1.3299 confirms a lower-low and extends the week's decline
Reclaim of 1.3340 needed to negate the lower-high sequence
FOMC Wed and BoE Thu could materially shift this read
15:02 UTC
Downtrend, momentum building · RSI 35 · price 1.33011
Lower highs, lower lows into psych 1.3300.
GBPUSD gapped up to 1.334 into Monday's open then sold steadily through the London-NY session down to 1.3301, with the broad USD leg dominating sterling. Price is trading below both EMA20 and EMA50 and has cracked the 1.3300 psych level, with RSI(14) pressing into the mid-30s. Each bounce this session has stalled at a lower high, keeping the day-low near 1.3299 in focus.
Support: 1.3299, 1.3300, 1.32985
Resistance: 1.3334
What it said to watch
Sustained H1 close back above 1.3334 prior high would neutralise the lower-high sequence
Failure to hold 1.3299 session low confirms continuation of the down leg
FOMC Wed and BoE Thu dominate the USD/GBP legs and can reset this read
GBPUSD faded through the NY session, unwinding the recovery to 1.33634 and pressing back toward the day low at 1.33040 with price below both EMA20 and EMA50. The bounce off 1.32985 was a pure weak-USD story rather than a UK catalyst, and lower highs since have capped each attempt; RSI(14) near 34 tracks the slide. Sterling remains hostage to the dollar leg into midweek.
Support: 1.3304, 1.32985
Resistance: 1.3334, 1.33634
What it said to watch
H1 close back above 1.33340 invalidates the lower-highs read
Loss of 1.33040 day low exposes the 1.32985 swing low
FOMC Wed 18:00 UTC is the primary USD catalyst before Thursday's BoE
GBPUSD has ground lower through the NY session, sliding from the 1.3360 rejection back to 1.3308 as the broadly firmer USD leg dominates — this is a dollar story, not a UK one. Price sits below EMA(20) and EMA(50) with RSI(14) pinned in the low-30s, and demand has repeatedly failed to hold above the 1.3335 pivot. The 1.3300 round number and the 1.32985 swing low are the immediate area to watch.
Support: 1.3300, 1.32985
Resistance: 1.3335, 1.33607
What it said to watch
H1 close below 1.32985 confirms a fresh lower low
Reclaim of 1.3335 EMA20 would ease the downside pressure
FOMC Wed and BoE Thu are the key catalysts that could reshape this read
GBPUSD has faded steadily since Monday's session high at 1.3363, printing successive lower highs through the NY session and slipping to 1.3313. Price trades below both EMA(20) and EMA(50) with RSI(14) sub-40, and the weekend gap higher from Friday's close has been fully unwound. The move is a USD-led drift rather than a UK catalyst, with the June CPI miss keeping BoE hike bets capped.
Support: 1.33041, 1.32985
Resistance: 1.33344, 1.33633, 1.3341
What it said to watch
Loss of 1.3304 opens a retest of the 1.3299 week low
H1 close back above 1.3344 would break the sequence of lower highs
FOMC Wed and BoE Thu are the dominant catalysts for the next legs
GBPUSD has ground lower all week off the 1.3395 area, a move driven by the dollar leg rather than UK data, and price sits back near the 1.32985 swing low after a rejection at 1.33634 into the current session. Trading below both EMA20 and EMA50 with RSI(14) sub-40, momentum stays with the downside as buyers have yet to reclaim mid-1.3300s.
Support: 1.32985, 1.3300
Resistance: 1.33344, 1.33634, 1.33951
What it said to watch
H1 close below 1.32985 confirms a fresh lower low
Reclaim of 1.33344 then 1.33634 needed to break the lower-high sequence
FOMC Wed and BoE Thu could materially reset this read
GBPUSD opened this week near 1.3340 and pushed to a 1.33634 week high in early trade, but that move was rejected and price has slid steadily since, now printing 1.3316 near the 1.3300 weekly base. Trading below both EMA(20) and EMA(50) on H1 with RSI in the high-30s, momentum is with the downside; the move is USD-led rather than sterling-driven ahead of Wednesday's FOMC. The Friday cap around 1.3340 has held as resistance on every attempt back up.
Support: 1.33092, 1.3300, 1.32985
Resistance: 1.3334, 1.33634
What it said to watch
H1 close below 1.33000 confirms a lower low into the 1.32985 weekly low
Reclaim of the 1.33340 friday cap would neutralise the intraday downtrend
FOMC Wednesday is the dominant near-term GBPUSD driver and could reset this read
BoE Super Thursday could shift structure regardless of current levels
12:02 UTC
Downtrend resuming after bounce · RSI 40 · price 1.33156
Lower highs off Monday's peak, rolling toward range base.
GBPUSD bounced off the 1.3300 three-week base last week on a broadly softer Dollar, then Monday's session opened near 1.3340 and pushed to a 1.3363 week high before rolling over through the day. Price is now back below both EMAs with RSI(14) sub-40, grinding into the 1.3310s as the 1.3340 Friday cap holds. The recovery has stalled and structure is printing lower highs back toward the range base.
Support: 1.3300, 1.32985
Resistance: 1.3340, 1.33633
What it said to watch
H1 close back above 1.3340 friday cap would reopen the 1.3363 week high
Loss of 1.3300 three-week low confirms a fresh lower-low
FOMC Wednesday is the dominant USD catalyst; BoE Thursday follows — both can reset this read
11:02 UTC
Downtrend, attempting to stabilise · RSI 42 · price 1.33208
Lower highs since week open, 1.3300 base holding.
GBPUSD gapped up into this week's open near 1.3340 and pushed to a 1.3363 high in the NY session before being rejected, and price has since drifted back below both EMA20 and EMA50 toward the 1.3300 pivot that based last week's three-week low. The soft-USD bounce from Friday has stalled; the 1.3340 cap noted last week continues to hold, keeping the sequence of lower highs intact. RSI(14) sits mid-40s and has been unable to clear 60 on the recovery attempts.
Support: 1.3300, 1.32985
Resistance: 1.3340, 1.33633, 1.3350
What it said to watch
H1 close below 1.3300 confirms a lower low and reopens the 1.32985 week low
Reclaim of 1.3340 cap would neutralise the lower-high sequence
FOMC Wednesday and BoE Super Thursday are the dominant near-term drivers and could reset this read
11:01 UTC
Recovery stalling, rolling over · RSI 42 · price 1.33208
Two-day bounce capped, pulling back to lows.
GBPUSD's two-day rebound off the 1.3300 base stalled at the 1.33634 session high in the NY session, with a twin rejection there before price rolled back toward the session low near 1.3317. The move has been USD-led — a softer Dollar on US-Iran de-escalation lifted Sterling with no fresh UK catalyst. Price now trades back below EMA20 and EMA50 with RSI(14) drifting into the low 40s.
Support: 1.33166, 1.3300
Resistance: 1.3340, 1.33634
What it said to watch
FOMC Wednesday is the dominant near-term driver and could reshape this read
BoE Super Thursday adds a second event risk into the week
Loss of 1.3300 3-wk low confirms downside continuation
H1 close back above the 1.3340 friday cap reopens the session high
10:02 UTC
Recovery stalling, rolling over · RSI 43 · price 1.33309
Lower highs, holding above 1.3300 base.
Cable extended Friday's bounce into Monday, tagging 1.3363 before rejection dragged it back to the low 1.3300s, now sitting below EMA(20). The recovery has been a soft-USD story rather than a UK driver — strong data beats failed to lift GBP earlier in the week. Price is consolidating above the 1.3300 three-week base with RSI(14) mid-40s.
Support: 1.3300, 1.32985
Resistance: 1.33634, 1.3340
What it said to watch
FOMC Wednesday is the dominant near-term GBP/USD driver given the USD-led moves
H1 close below 1.3300 confirms a break of the three-week base toward 1.32985 week low
Reclaim of 1.3363 monday high needed to reopen the upside from this consolidation
Cable slid from 1.342 to a three-week low near 1.330 through the week on a broadly USD-led move, with strong UK data failing to lift the pound. Monday's session recovered above 1.335 but stalled at the 1.33634 week high and has faded back toward 1.333, holding below EMA20 with RSI(14) cycling under 50. The 1.3300 base remains the pivot into a heavy central-bank week.
Support: 1.3300, 1.32985
Resistance: 1.3340, 1.33634
What it said to watch
H1 close below 1.3300 confirms a lower low off the base
Reclaim of 1.3340 cap reopens the 1.33634 week high
FOMC Wednesday and BoE Thursday are the dominant near-term drivers
09:02 UTC
Downtrend, now consolidating · RSI 45 · price 1.33364
Range after mid-week lower low, capped by lower highs.
Sterling ground lower through the week with no domestic catalyst, printing a three-week low near 1.3300 before a weekend gap-up recovered into 1.336. Monday's rejection at 1.33634 capped that bounce and price has since drifted back below the 1.3340 EMA cluster, consolidating around 1.333 with RSI mid-range. FOMC Wednesday and the BoE Thursday are the double catalyst that will drive the next leg.
Support: 1.3300, 1.32985
Resistance: 1.3340, 1.33634
What it said to watch
H1 close above 1.33634 would break the week's lower-high sequence
Failure to hold the 1.3300 pivot confirms continuation of the lower low
FOMC Wed and BoE Thu can materially reset this range
09:02 UTC
Downtrend easing into consolidation · RSI 47 · price 1.33364
Range after week's decline.
Cable spent the week grinding lower off Monday's 1.3434 area into a 1.3298 three-week low, an entirely USD-driven decline as strong UK PMIs and retail sales were ignored. Since then price has consolidated in a 1.3300–1.3363 range, with this session's push to 1.3363 rejected and price slipping back below EMA20/EMA50 near 1.3336. The 1.3300 pivot has held on each retest while overhead supply caps rallies around the 1.3340 zone.
Support: 1.3330, 1.32985
Resistance: 1.33634, 1.3390
What it said to watch
H1 close above 1.3363 session high would break the range top
Failure to hold 1.3300 pivot confirms a fresh lower-low toward 1.3298
Fed decision Wed then BoE Thu are the dominant catalysts and could reset this read
Double-bottom base off 1.3300, pullback from session high.
GBPUSD sold off from 1.3395 through the week into a 1.3300 base, where a double bottom formed against the psych level as a soft UK CPI and USD strength dominated. The current session clawed back to a 1.33634 high before the 1.3340 rejection zone capped it, leaving price back below EMA(20) with RSI(14) mid-range near 47. Recovery remains contained under 1.3340 while the base holds.
Support: 1.3327, 1.3300
Resistance: 1.3340, 1.33634, 1.3395
What it said to watch
H1 close above 1.33634 opens the path back toward 1.3395
Loss of 1.3300 confirms a lower low and reopens June-low territory
Fed decision Wed and BoE Thu could materially shift this read
08:02 UTC
Downtrend this week, now basing · RSI 49 · price 1.33379
Range after decline, capped at 1.3363.
GBPUSD spent the week grinding lower from Monday's 1.3430 open to a 1.32985 low as a broad USD bid overrode a strong UK data cluster. A weekend gap higher lifted price back toward 1.3363, where the London session met rejection and price faded to 1.3338. RSI(14) is mid-range near 49 and price is pinned around its EMAs, keeping the 1.3300–1.3363 range the operative structure.
Support: 1.3300, 1.32985
Resistance: 1.3363, 1.3400
What it said to watch
H1 close above 1.3363 opens the path toward the 1.3400 psych level
Failure to hold 1.3300 confirms a lower low toward the 1.32985 week low
Fed decision Wednesday and BoE Thursday could materially shift this read
07:02 UTC
Downtrend last week, recovering off lows · RSI 54 · price 1.33509
Bounce from 3-wk lows, consolidating below Monday high.
Sterling fell six straight sessions last week from 1.3448 toward 1.3298 three-week lows on a broad USD bid, with strong UK PMIs and retail sales largely ignored. Since Monday's open price has recovered to a 1.33634 session high and is consolidating just above EMA(20) near 1.3335, RSI(14) cycling back to the mid-50s. The 1.3300 psych level held on the selloff and demand stepped in twice around 1.3298–1.3305.
Support: 1.3335, 1.3300
Resistance: 1.33634, 1.3400
What it said to watch
H1 close above 1.33634 (Mon high) opens the path toward 1.3400 round number
Failure to hold 1.3300 3-week lows exposes further downside
FOMC Wed 18:00 UTC and BoE Thu 11:00 UTC could materially shift this read
GBPUSD opened this week with a modest gap higher after last week's six-session slide into 1.3300 three-week lows, where demand stepped in twice around 1.32985. Price has since recovered to the 38.2% retracement of the 1.3448–1.3299 decline and is consolidating below the 1.33634 week high with RSI cycling in the mid-50s. Broad USD strength and a fully-priced BoE hold keep the read two-way ahead of Wednesday's FOMC.
Support: 1.3328, 1.32985, 1.3300
Resistance: 1.33634, 1.33557, 1.3400
What it said to watch
H1 close above 1.33634 opens the path to 1.3400
Failure to hold 1.3300 confirms a lower-low back toward 3-week lows
FOMC Wed 18:00 UTC and BoE Thu could materially shift this read
GBPUSD slid six straight sessions to three-week lows near 1.3300 mid-window as safe-haven USD demand overrode strong UK data, then carved a double base and stabilised. Monday's session reopened firmer, reclaiming the 1.3340 cap and pushing to 1.33634 before easing to 1.3354, with price now back above EMA20 and EMA50 and RSI(14) recovering through the mid-50s. The 38.2% retracement of the week's down leg has capped the bounce so far.
Support: 1.3340, 1.3300, 1.3313
Resistance: 1.33634, 1.3400
What it said to watch
FOMC Wed and BoE Thu are the dominant GBPUSD catalysts and could reset this read
H1 close above 1.33634 opens the path back toward 1.3400
Failure to hold 1.3340 risks a retest of the 1.3300 three-week low
06:02 UTC
Downtrend this week, base forming · RSI 61 · price 1.33536
Recovery off three-week lows, reclaiming 1.3340.
GBPUSD spent most of the week grinding lower to three-week lows near 1.3298 on a broad USD/geopolitics bid, with strong UK data ignored. Monday's session has carved a base and reclaimed the 1.3340 cap that had held price down, pushing to a session high of 1.3363 before easing to 1.3354. Price now sits back above both EMA(20) and EMA(50) with RSI(14) recovering through the mid-50s.
Support: 1.3340, 1.3300, 1.3298
Resistance: 1.3363, 1.3400
What it said to watch
H1 close below 1.3300 confirms a fresh lower low and resumes the weekly downtrend
Reclaim and hold above 1.3363 opens the path toward the 1.3400 round number
FOMC Wed and BoE Thu are the dominant catalysts and could reset this read
GBPUSD bled from Monday's ~1.3450 open toward the 1.3300 psych pivot through the week on broad USD strength, with the week low at 1.32985 holding on the down leg. The new week opened with a recovery back above EMA20 that stalled at the 1.3363 week high before easing to 1.335; RSI(14) has cycled back to mid-range. Base above 1.33 remains intact while price holds this recovery.
Support: 1.3325, 1.3300, 1.32985
Resistance: 1.3363, 1.3400
What it said to watch
H1 close above 1.3363 opens the path back toward the 1.3400 round number
Loss of the 1.3300 psych pivot exposes the 1.32985 week low
BoE decision, MPC vote split and MPR Thu 11:00 UTC could materially shift this read
GBPUSD spent the week grinding lower into a 1.32985 swing low on a USD-led move, with strong UK PMIs and retail beats failing to lift the Pound. Price reopened this week with a gap up and has recovered to consolidate below the 1.33634 week high, holding above EMA(20) and the 1.3300 psych pivot. The 1.3340 rejection cap remains the near-term hurdle after two failed pushes higher.
Support: 1.33192, 1.3300, 1.32985
Resistance: 1.33634, 1.3340, 1.3400
What it said to watch
H1 close above 1.33634 opens the path back toward the 1.3400 psych level
Loss of 1.3300 psych pivot reopens the 1.32985 swing low
FOMC Wed and BoE MPR/vote split Thu could materially shift this read
04:02 UTC
Downtrend, basing after selloff · RSI 56 · price 1.33525
Week low base, recovering off 1.3300.
GBPUSD slid for most of the week on a broad USD safe-haven bid — despite firm UK data — bottoming near 1.32985 before basing around the 1.3300 pivot. Price gapped up into this week's open and NY-hours demand lifted it to a session high at 1.33634, with a subsequent pullback holding above EMA20 and building higher lows off 1.33254. RSI(14) has recovered into the mid-50s as the down-leg stalls.
Support: 1.33254, 1.3300, 1.32985
Resistance: 1.33634, 1.3390
What it said to watch
H1 close above 1.33634 session high opens the path toward the 1.33900 prior high
Loss of the 1.3300 pivot re-exposes the 1.32985 week low
BoE decision (30 Jul) and Wed FOMC are the dominant catalysts that could reset this read
04:02 UTC
Recovery off week's lows, momentum building · RSI 58 · price 1.33525
Higher lows since basing near 1.3300.
GBPUSD spent last week grinding lower on a broad USD safe-haven bid, bottoming near 1.3300 twice before this week's open lifted price back through the 1.3340 rejection cap. Recovery has held above EMA(20) with RSI(14) cycling in the mid-50s; this-week high at 1.33634 is the first ceiling. Firm UK data has done little to arrest the pure dollar story, leaving the base-building read intact but contained below 1.3363.
Support: 1.3320, 1.3300, 1.32985
Resistance: 1.33634, 1.3390
What it said to watch
H1 close above 1.33634 opens the path toward the 1.3390 prior range
Loss of 1.3320 puts the 1.3300 psych level back in focus
Fed decision Wed and BoE 30 Jul could reset this recovery read
03:02 UTC
Downtrend last week, recovering · RSI 61 · price 1.33555
Bounce off 1.3300, higher lows into new week.
Sterling slid for six sessions last week on a broad USD safe-haven bid, bottoming near the 1.3300 pivot with a week low at 1.32985. The new week opened firmer, reclaiming the 1.3340 prior cap and pushing to a week high at 1.3363 with RSI(14) cycling up off oversold. Price now sits above both EMA(20) and EMA(50) after the recovery leg.
Support: 1.3340, 1.3300, 1.32985
Resistance: 1.3363, 1.3400
What it said to watch
H1 close above 1.3363 week high opens the path toward the 1.3400 weekly open
Loss of the 1.3300 pivot re-exposes the 1.32985 week low
BoE decision 30 Jul and FOMC Wed are the dominant catalysts for this pair
After six sessions of USD-driven weakness dragged Cable to 1.3299, price carved a double base and has recovered above the 1.3340 rejection cap, opening this week firmer through the Asia session at 1.3355. Holding above EMA20 and EMA50 with RSI(14) cycling in the mid-50s, the near-term structure prints higher lows off the base. The 1.3363 session high has capped the latest push.
Support: 1.33254, 1.3300, 1.32985
Resistance: 1.33634, 1.3340, 1.3440
What it said to watch
H1 close above 1.3363 opens the path back toward the 1.3440 week high
Loss of 1.3325 breaks the higher-low sequence and re-exposes 1.3300
US Fed decision Wed and BoE 30 Jul could materially reshape this read
02:02 UTC
Downtrend this week, rebounding · RSI 58 · price 1.33632
Recovery off 1.3298 low, 1.3340 pivot reclaimed.
Sterling fell for most of the week into a 1.32985 base on a broad USD bid, with strong UK retail sales and PMI beats failing to lift the Pound. A twin low near 1.3300 held and the new week opened with a gap higher, reclaiming the 1.3340 pivot; price now trades 1.33632, back above EMA20 with RSI(14) cycling up through the mid-50s. FOMC Wed and the BoE decision Thu are the dominant risks framing this move.
Support: 1.3340, 1.3335, 1.32985
Resistance: 1.3390, 1.3435
What it said to watch
H1 close back below 1.3340 pivot reopens the 1.32985 weekly low
Acceptance above 1.3390 swing high exposes the 1.3435 week cap
FOMC Wed and BoE Thu could materially shift this read
GBPUSD sold off through the week from the 1.3455 area to a 1.32985 base as a broad USD bid overwhelmed strong UK retail sales and PMI beats. A weekend gap higher and steady demand back above the 1.3340 pivot have lifted price to 1.3363 with RSI(14) recovering into the low 60s. The 1.3390 prior high and the 1.3435 weekly cap are the levels overhead.
Support: 1.3340, 1.3300, 1.32985
Resistance: 1.3390, 1.3435
What it said to watch
H1 close above 1.3390 opens the path to the 1.3435 weekly cap
Failure to hold 1.3340 reopens 1.3300 and the 1.32985 week low
Fed decision Wed and BoE Thu are the dominant risks to this read
Sterling fell six straight sessions into a 1.32985 week low near midweek, a Dollar/geopolitics-led unwind that overrode strong UK retail and PMI beats. Price then based twice around 1.3300 and, after the weekend gap up, reclaimed the 1.3340 pivot, with RSI(14) recovering back above 50. Corrective structure for now — the broader weekly leg is still lower until the 1.3435 cap is retested.
Support: 1.3340, 1.3300, 1.32985
Resistance: 1.3363, 1.3435
What it said to watch
H1 close back below the 1.3340 pivot re-exposes 1.3300 and the 1.32985 week low
Reclaim of the 1.3435 cap needed to challenge the weekly downtrend
FOMC Wed and BoE decision Thu could materially shift this read
01:02 UTC
Downtrend, bounce at week open · RSI 57 · price 1.33524
Three-week low, gap-up recovery.
Cable slid six sessions from 1.3455 to a 1.3299 base as a safe-haven USD story, not UK data, drove the week. Buyers stepped in twice around 1.3300 to form a double bottom, and the new week gapped higher to open above the 1.3340 pivot, now trading 1.3352 with RSI(14) reclaiming the mid-50s. Price sits back above EMA20 and EMA50 for the first time since the decline.
Support: 1.3334, 1.3300, 1.32985
Resistance: 1.3363, 1.3395, 1.3435
What it said to watch
H1 close back below 1.3340 re-exposes 1.3300 and the 1.32985 week low
Sustained trade above 1.3363 opens the path toward the 1.3435 weekly cap
FOMC Jul 29 and BoE Jul 30 could materially shift this read
GBPUSD slid six sessions to a 1.3300 week low on a USD safe-haven bid, then rounded higher off a double bottom to reclaim the 1.3340 pivot into this session. RSI(14) has cycled back above 55 and price is holding above EMA20, but the 1.3356 session high is capping the immediate recovery. Broader tone stays soft as the summer Sterling rally unwinds.
Support: 1.3340, 1.3300
Resistance: 1.3356, 1.3435
What it said to watch
H1 close back below 1.3300 week low exposes the 1.32 handle
Sustained break above 1.3356 session high opens the 1.3435 week cap
FOMC Wed 18:00 UTC and BoE Thu 11:00 UTC could reset this read
Cable slid through this week's sessions from 1.3455 to a 1.3298 low as a safe-haven USD bid capped Sterling despite strong UK retail and PMI beats. Demand stepped in twice near 1.3300, forming a double bottom, and the Sunday-open gap has carried price back above the 1.3340 pivot to 1.3353. RSI(14) has cycled up off oversold as price reclaimed EMA20 and EMA50.
Support: 1.3300, 1.32985
Resistance: 1.3340, 1.33558, 1.3435
What it said to watch
Sustained H1 close above 1.3340 pivot keeps the recovery intact
Failure back below 1.3300 re-exposes the 1.3298 swing low and 1.32 handle
FOMC Jul 29 18:00 UTC and BoE Jul 30 11:00 UTC could materially shift this read