GBP/USD AI Live Scan, 15-minute chart, Tuesday, 27 October 2026
Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:47 UTC
Downtrend, momentum fading into the session low · RSI 39 · price 1.33064
Lower highs from 1.3334, lows compressing near 1.3302.
London opened with a break below the Asian range low at 1.3326. Through NY the pair carved lower highs from the 1.3334 London high, set by the 1.3320 swing high and a descending trendline, as pre-Fed USD demand and UK Budget caution weighed. Post-NY trade has compressed into a 4-pip band just above the 1.3302 session low, with RSI(14) near 39 and ATR shrinking.
Support: 1.33022, 1.3300
Resistance: 1.33196, 1.33342
What it said to watch
M15 close below the 1.3302 session low and 1.3300 round number extends the lower-low chain
Close above the descending lower-highs line and the 1.3320 swing high breaks the lower-high sequence
Recovery through the 1.3334 London high would neutralise the intraday downtrend read
UK Budget Wed ~10:00 UTC and FOMC 18:00 UTC could materially shift this read; Asian range likely thin beforehand
Lower highs below Asian low, lows compressing at 1.3302.
GBPUSD broke the 1.3326 Asian low early in London and has since printed a chain of lower highs (1.3334, 1.3332, 1.3320, 1.3318) along a descending trendline. Pre-Fed/Budget USD demand capped each bounce. The 1.3302 day low has held through a thin 5-pip post-NY range just above the 1.3300 round number, with RSI(14) near 32 and lows only grinding marginally lower.
Support: 1.33022, 1.3300, 1.3290
Resistance: 1.33072, 1.33196, 1.33258
What it said to watch
Close below the 1.3302 day low extends the lower-low chain toward the 1.3300 round number and the 1.3290 range floor
Hold above the 1.3307 post-NY high and a move through the 1.3320 lower high breaks the descending trendline structure
Reclaim of the 1.3326 Asian low invalidates the intraday downtrend read
UK Budget (~10:00 UTC Wed) and FOMC (18:00 UTC Wed) could materially shift this read
Lower highs from 1.3334, marginal lower lows, late compression.
The chain of lower highs from the 1.3334 midday high stayed intact. The NY-hours sell-off after firm US confidence data, with pre-Fed USD demand behind it, extended to a 1.3302 session low. Price is now compressing in a 1.3302–1.3307 band as the Asia session opens, RSI(14) near 40 and ATR about 3 pips.
Support: 1.33022, 1.3300, 1.3290
Resistance: 1.33196, 1.33342
What it said to watch
A close below the 1.3302 session low exposes the 1.3300 round number and the 1.3290 range floor
A recovery above the 1.3320 lower high breaks the lower-high chain and puts the 50–61.8% retrace of the drop from the midday high in play
UK Budget (~10:00 UTC Wed) and the FOMC decision (18:00 UTC) could materially shift this read
Lower highs and lower lows since the Asia-open high; compressing above the day low.
Steady slide from the 1.3349 Asia-open high: London broke the Asian low near 1.3326, and NY capped rallies at the 1.3334 NY high and then at the 1.3318 lower high as firm US data and pre-Fed USD demand weighed. Price is now drifting just above the 1.3302 day low in thin post-NY trade, with RSI(14) neutral near 42 and ATR(14) down to about 3.5 pips.
Support: 1.33022, 1.3290
Resistance: 1.3318, 1.33342
What it said to watch
M15 close below the 1.3302 day low extends the lower-low chain toward the 1.3290 range floor
Recovery above the 1.3318 lower high (50% of the ny leg fib) breaks the lower-highs trendline sequence
Reclaiming the 1.3334 ny high invalidates the intraday downtrend read
UK Budget Wed ~10:00 UTC and FOMC 18:00 UTC could materially shift this read
22:32 UTC
Downtrend, momentum fading into the close · RSI 37 · price 1.33053
Lower highs from 1.3334; shallow lower lows compressing at the day low.
GBPUSD broke below the Asian low near 1.3329 into London. It then carved lower highs at the 1.3334 NY swing high and 1.3318 as firm US data and pre-Fed USD demand weighed. Price is now idling at the 1.3302 day low in thin post-NY trade, with RSI(14) near 37 and each new low only marginally lower.
Support: 1.33022, 1.3300, 1.3290
Resistance: 1.3318, 1.3329, 1.33342
What it said to watch
M15 close below the 1.3302 day low exposes the 1.3300 round number and the 1.3290 range floor
Recovery above the 1.3318 lower high, near the 38.2% fib, breaks the lower-high sequence
Reclaim of the 1.3329 Asian low and the 1.3334 NY swing high would invalidate the intraday downtrend read
UK Budget (~10:00 UTC Wed) and FOMC (18:00 UTC Wed) could materially shift this read
22:16 UTC
Downtrend, momentum fading into late NY · RSI 36 · price 1.33052
Lower highs since London; lows grinding marginally lower near 1.3302.
London broke the asian low at 1.3326 and every bounce since has stalled at a lower high (1.3334 london high, 1.3332, 1.3320). NY pushed to a session low at 1.3302 on firm US data and pre-Fed USD demand. Thin post-NY trade is compressing just above the 1.3300 round number, with RSI(14) near 36 and ATR at about 4 pips.
Support: 1.3302, 1.3300
Resistance: 1.3320, 1.3326, 1.3334
What it said to watch
Failure to hold the 1.3302 session low and the 1.3300 round number extends the lower-low sequence
An M15 close above the 1.3320 lower high and the falling trendline breaks the descending structure
Reclaim of the 1.3326 asian low would put the 1.3334 london high back in play
UK Budget ~10:00 UTC Wed and FOMC 18:00 UTC Wed could materially shift this read
Lower highs and lower lows through London and NY, fresh day low in early Asia.
GBPUSD ground lower from the 1.3349 Asian high, with each rally capped lower: 1.3334 session high, then 1.3319 swing high. The pre-Fed USD bid and UK Budget caution are weighing, and late NY gave up the 1.3307 London low to print a 1.3302 day low. RSI(14) near 38 is soft but not oversold, and early Asia is drifting in a tight 4-pip ATR range above the round number.
Support: 1.33022, 1.3300
Resistance: 1.33196, 1.33342, 1.33488
What it said to watch
M15 close above the 1.3319 swing high breaks the lower-high sequence
Rebound stalling at the 50–61.8% session high fib (1.3318–1.3322) keeps the lower-high structure intact
Loss of 1.3300 round number exposes the 1.3290 range floor flagged in the macro digest
UK Budget Wed ~10:00 UTC and FOMC 18:00 UTC could materially shift this read
21:47 UTC
Downtrend, fresh day low late session · RSI 31 · price 1.3304
Lower highs and lower lows through London and NY, Asian range lost at London open.
GBP/USD broke below the 1.3326 Asian low at London open and has since printed lower highs from the 1.3334 NY high, a falling trendline capping the late-NY 1.3318 lower high. Pre-Fed USD buying took price to a fresh day low at 1.3302 after the NY close, RSI(14) near 31 and ATR around 4 pips in thin post-NY trade, with the 1.3290 range floor just below.
Support: 1.3302, 1.3290
Resistance: 1.3318, 1.3326, 1.3334
What it said to watch
M15 close below the 1.3290 range floor extends the lower-low sequence beneath the range flagged into the Budget
Recovery above the 1.3318 lower high and the falling trendline breaks the lower-high chain; 1.3326 Asian low then the 1.3334 NY high above
Day low at 1.3302 is the first test; a hold there during Asia session keeps price in the 1.3302–1.3318 band
UK Budget ~10:00 UTC Wed and FOMC 18:00 UTC could materially shift this read
Lower-high sequence since London; fresh day low set late in NY hours.
Cable printed a fresh day low at 1.3303 late in NY hours. That extends the lower-high chain off the 1.3334 London high as USD strength held into Wednesday's UK Budget and FOMC. Price sits under the descending trendline and both EMAs in thin post-close trade, RSI(14) near 38.
Support: 1.33027, 1.3300
Resistance: 1.33196, 1.33342
What it said to watch
Loss of the 1.3303 day low brings the 1.3300 round number into play
M15 close above the 1.3320 lower high breaks the descending trendline and the lower-high chain
Reclaim of the 1.3334 london high would put price back into the 1.3307–1.3349 band cited in the macro read
UK Budget Wed 10:00 UTC and FOMC 18:00 UTC could materially shift this read
20:32 UTC
Downtrend, lower highs through NY · RSI 40 · price 1.33085
Lower highs since the 14:00 UTC spike, lows holding near 1.3305.
Cable broke below the 1.3326 Asian range low at London open. Firm US data then capped the 14:00 UTC us data high at 1.3332, leaving lower highs through NY as the dollar stayed bid. Late-NY trade has faded the 1.3320 lower high back to 1.3309, just above the 1.3305 day low, with ATR compressed near 5 pips.
Support: 1.33045, 1.3300
Resistance: 1.33196, 1.33317
What it said to watch
M15 close below the 1.3305 day low extends the lower-low sequence toward the 1.3300 round number
Close above the 1.3320 lower high and the lower highs trendline invalidates the intraday downtrend read; the 1.3332 us data high sits above
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially shift this read
20:02 UTC
Downtrend, momentum fading late NY · RSI 49 · price 1.33143
Lower highs from Asia high; compressing 1.3305–1.3320.
London open broke the 1.3326 Asian range low. Each later rally then set a lower high, from 1.3349 to the 1.3334 lower high and 1.3332, as firm US durables and confidence data kept USD bid. The NY day low at 1.3305 drew a higher low at 1.3308. The bounce stalled at the fib 50% near 1.3320, and price is now coiling around 1.3314 into the post-NY lull.
Support: 1.33076, 1.33045
Resistance: 1.33196, 1.33342
What it said to watch
M15 close above 1.3320 fib 50% breaks the lower-high sequence and opens 1.3334
Failure to hold the 1.3308 higher low exposes the 1.3305 day low
UK Budget Wed 10:00 UTC and FOMC Wed 18:00 UTC could materially shift this read
19:47 UTC
Downtrend, momentum fading late NY · RSI 51 · price 1.33173
Lower highs from 1.3334; late-NY base 1.3308–1.3320.
London broke the Asian low at 1.3326, and NY extended to a 1.3305 session low. Firm US durables and confidence data drove the USD bid, while rallies faded at the 1.3334 NY high, 1.3332 and 1.3327. Late NY has printed a higher low at 1.3308 and is stalling near the 50% fib of the NY drop at 1.3320, with RSI(14) neutral at 51 and ATR compressed to about 5 pips.
Support: 1.33076, 1.33045
Resistance: 1.33196, 1.33262, 1.33342
What it said to watch
M15 close above 1.3320 fib 50% breaks the lower-high sequence and exposes the 1.3326 asian low
Loss of the 1.3308 higher low and the 1.3305 session low resumes the lower-low chain
Rejection at 1.3326 asian low keeps the London breakdown intact
UK Budget Wed 10:00 UTC and FOMC 18:00 UTC could materially reset this read; Asia session likely thin into them
Lower highs from the NY high, higher low forming at 1.3308.
Cable has traded below the Asian range low (1.3326) since the London open on USD demand after firm US data. NY rallies to the 1.3334 NY high and to 1.3332 were both rejected, and the move set a 1.3305 day low. After London close price built a higher low at 1.3308 and is now pinned at the 38.2% fib, under the 1.3320 swing high and the 61.8% fib at 1.3323.
Support: 1.33076, 1.33045
Resistance: 1.33196, 1.33229, 1.33342
What it said to watch
M15 close above the 1.3320 swing high breaks the lower-high chain; the 61.8% fib at 1.3323 and the 1.3334 NY high sit above
Failure to hold the 1.3308 higher low exposes the 1.3305 day low
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially shift this read
19:17 UTC
Intraday downtrend, pausing into late NY · RSI 53 · price 1.33168
Lower highs from London high; higher low off the session low.
GBP/USD broke the 1.3326 Asian low early in London and later slid from the 1.3334 London high to a 1.3305 session low in NY hours. Firm US data (durables, Conference Board confidence) drove the USD bid, and the low briefly undercut the 1.3307 range low cited in the digest. After London close, price is compressing between a 1.3308 higher low and the 1.3320 lower high, which sits at the 50% retrace of the London high–NY low leg. RSI(14) is neutral near 53.
Support: 1.33076, 1.33045
Resistance: 1.33196, 1.33258, 1.33342
What it said to watch
M15 close above the 1.3320 lower high breaks the lower-high sequence and puts the 1.3326 Asian low back in view
Failure at the higher-low line and a break below the 1.3305 session low resumes the downtrend leg toward 1.3290
Holding above the 38.2% retrace near 1.3316 keeps the current pause intact
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially shift this read; thin post-NY liquidity until then
Lower highs since NY open, coiling above session low.
London open broke the Asian range low near 1.3326, and NY extended to a session low at 1.3305 as USD firmed on the durables and confidence beats. NY rallies failed at the 1.3334 NY high and 1.3332, and the bounce off 1.3305 met rejection at the fib 50% near 1.3320. Late NY is coiling between a higher low at 1.3308 and a lower high at 1.3316, with RSI(14) neutral at 47.
Support: 1.33076, 1.33045, 1.3290
Resistance: 1.33158, 1.33196, 1.33342
What it said to watch
M15 close below the 1.3305 session low resumes the lower-low sequence toward the 1.3290 range floor
Close above the 1.3320 fib 50% breaks the lower-high chain and exposes the 1.3334 NY high
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially shift this read
18:47 UTC
Downtrend, late-NY pause · RSI 45 · price 1.33133
Lower highs since London open; holding above 1.3305 day low.
London open broke the 1.3326 Asian low. Price has printed lower highs since, with the 1.3305 day low set during NY hours on firm US data and pre-FOMC USD demand. The late-NY bounce stalled at the 1.3320 lower high (50% retrace), and price now sits on the descending trendline near 1.3313, just above the 1.3308 swing low, with RSI(14) at 45.
Support: 1.3308, 1.33045
Resistance: 1.3320, 1.3326, 1.3334
What it said to watch
Failure to hold the 1.3305 day low extends the lower-low sequence
An M15 close above the 1.3320 lower high breaks the descending trendline structure
Reclaiming the 1.3326 Asian low puts price back inside the Asian range, with the 1.3334 london high above
A break below the 1.3308 swing low exposes the 1.3305 day low
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially shift this read
Lower highs since the NY-open spike; day low 1.3305 holding.
Price broke below the 1.3326–1.3349 Asian range (asian high 1.3349) at London open. The NY-open spike to the 1.3334 ny high was rejected as the Durable Goods beat and firm CB Consumer Confidence lifted USD, and every rally since has printed a lower high. Late in NY, price is basing above the 1.3305 day low, with the bounce capped at the 50% fib and lower high near 1.3320. RSI(14) sits at 38.
Support: 1.33045, 1.3300
Resistance: 1.33196, 1.33342, 1.33488
What it said to watch
M15 close above the 1.3320 lower high and trendline breaks the lower-high sequence
Failure to hold the 1.3305 day low exposes the 1.3300 round number
UK Budget at 10:00 UTC and the FOMC at 18:00 UTC Wed could materially shift this read
Lower highs at 1.3334 and 1.3320 below the Asian range; session low 1.3305.
London open broke the Asian range (1.3326–1.3349) to the downside. NY then printed lower highs at the 1.3334 NY high and 1.3320, and a fresh session low at 1.3305, as pre-FOMC USD buying after firm Durable Goods and Consumer Confidence data weighed on the pair. The late-NY bounce stalled at the 50% retrace of that leg, and price is back near the lows after London close with RSI(14) ~38, not stretched.
Support: 1.33045, 1.3300, 1.3290
Resistance: 1.33196, 1.33258, 1.33342
What it said to watch
Break below the 1.3305 session low extends the lower-low chain toward the 1.3300 round number and the 1.3290 range floor
M15 close above the 1.3320 lower high (50% retrace) breaks the lower-high sequence; Asian low at 1.3326 is the next cap
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially reset this read
Lower highs since Asia, marginal lower low at 1.3305.
London broke the Asian range at the open, and NY extended to a 1.3305 session low after firm US data (Durable Goods, CB Confidence) lifted the dollar. A sequence of lower highs at 1.3346, the 1.3334 London high and the 1.3332 lower high caps a descending trendline. The after-London-close bounce stalled at 1.3320, the 50% retrace of the 1.3334–1.3305 leg, with price pinned at EMA20 and holding above the 1.3314 NY low.
Support: 1.3314, 1.33045
Resistance: 1.3320, 1.3332, 1.33342
What it said to watch
M15 close above the 1.3320 50% retrace and the descending trendline near 1.3328–1.3332 lower high breaks the lower-high chain
Loss of the 1.3314 NY low reopens the 1.3305 session low
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially shift this read
17:32 UTC
Intraday downtrend, bouncing off day low · RSI 41 · price 1.33157
Lower highs since Asia, NY sweep of London low then retrace.
The Asian range (1.3333–1.3349) gave way before London open, and firm US durables and CB confidence kept a falling trendline of lower highs intact through NY. NY swept the London low to a day low at 1.3305, and the bounce stalled at the 50% fib near 1.3320 (bounce high). Price is now at the 38.2% fib, just under EMA20, with RSI(14) near 41.
Support: 1.33045, 1.3290
Resistance: 1.33196, 1.33342
What it said to watch
An M15 close above the 1.3320 bounce high puts the 1.3334 lower high and falling trendline back in play.
A close above the 1.3334 lower high breaks the lower-high sequence.
Failure to hold the 1.3305 day low confirms a lower-low and exposes the 1.3290 range floor.
After London close, liquidity thins into Wednesday's UK Budget (~10:00 UTC) and FOMC (18:00 UTC), the next likely catalysts.
Lower highs since London midday; 1.3305 session low reclaimed after a marginal break.
GBP/USD extended its slide below the 1.3349 asian high through London and NY on a firm-US-data USD bid. The US data spike to 1.3332 was sold into a 1.3305 session low, a marginal sweep of the morning low. After London close, price has recovered to the 50% retrace of the NY drop near 1.3318 and is sitting on ema20, with the 1.3321 lower high just overhead.
Support: 1.33045, 1.3300
Resistance: 1.33212, 1.33342, 1.33488
What it said to watch
M15 close above the 1.3321 lower high (61.8% of the NY drop) breaks the lower-high chain and brings the 1.3334 london high back into view
Failure back below the 1.3305 session low exposes the 1.3300 round number and the 1.3290 range floor
Asian high at 1.3349 marks the top of today's range; the downtrend read holds while price stays below it
UK Budget (~10:00 UTC Wed) and FOMC (18:00 UTC Wed) could materially shift this read
Lower highs since Asian high; marginal lower low at 1.3305.
Price slipped from the Asian high at 1.3349 and broke the bottom of the Asian range at London open. The NY spike on firm US data (CB Confidence 91.7) was rejected under the 1.3334 lower high before a fresh day low at 1.3305. The bounce after London close is stalling at the 38.2% fib of that drop, just under the ema20 near 1.3318; RSI(14) is near 45 and ATR(14) is about 7.5 pips.
Support: 1.33045, 1.3300, 1.3290
Resistance: 1.3318, 1.33342, 1.33488
What it said to watch
An M15 close above the 1.3334 lower high breaks the lower-highs trendline and the sequence of lower highs.
Failure to hold the 1.3305 day low exposes the 1.3300 round number and the 1.3290 range floor.
The UK Budget (~10:00 UTC Wed) and FOMC (18:00 UTC Wed) could materially shift this read.
Lower highs from 1.3334 into a fresh session low at 1.3305; small bounce after London close.
GBPUSD broke below the Asian range low near 1.3326 at the London open. Through NY it has printed lower highs from the 1.3334 NY high, with firm US Consumer Confidence and durables keeping USD bid. A new session low at 1.3305 printed after London close, and the minor bounce is capped below the 1.3321 lower high (near the 61.8% retrace) with RSI(14) around 42.
Support: 1.33045, 1.3290
Resistance: 1.33212, 1.33342
What it said to watch
M15 close above the 1.3321 lower high breaks the lower-high sequence
Failure to hold the 1.3305 session low exposes the 1.3290 range floor
Reclaiming the 1.3334 NY high would invalidate the intraday downtrend read
UK Budget (~10:00 UTC Wed) and FOMC (18:00 UTC Wed) could materially shift this read
Lower highs since 1.3334, new low below London low.
Late in the NY session the pair is printing a fresh session low at 1.3305, below the 1.3307 London low. Firm US data drove the move: the CB Consumer Confidence spike to 1.3332 met rejection under the 1.3334 midday high, and a chain of lower highs down to 1.3321 followed. RSI(14) near 33 is soft but not oversold, and the 38.2% level of the midday drop fib sits around 1.3316, just under that lower high.
Support: 1.33045, 1.3300, 1.3290
Resistance: 1.33212, 1.33317, 1.33342
What it said to watch
M15 close above the 1.3321 lower high breaks the lower-high chain; the cb spike hi at 1.3332 and the 1.3334 midday high sit above
Failure to hold the 1.3300 round number exposes the 1.3290 range floor
UK Budget (~10:00 UTC Wed) and FOMC (18:00 UTC Wed) are the next event risks that could materially shift this read
Asian range broken lower; lower highs since 1.3334, testing session low.
London broke below the Asian range low near 1.3326 and the rebound stalled at the 1.3334 london high. Firm US data then fed a sequence of lower highs that has pressed price into the 1.3306 session low into London close, with RSI(14) near 35 and not yet stretched.
Support: 1.33061, 1.3300, 1.3290
Resistance: 1.33212, 1.33342
What it said to watch
M15 close below the 1.3306 session low extends the lower-high chain toward the 1.3300 round number and the 1.3290 range floor
Recovery above the 1.3321 lower high breaks the lower-highs trendline and shifts the read to a range
Reclaim of the 1.3334 london high would put price back inside the Asian range
UK Budget (~10:00 UTC Wed) and FOMC (18:00 UTC Wed) could materially shift this read
16:02 UTC
Downtrend, lows stalling · RSI 38 · price 1.33125
Lower highs from the Asian high; London–NY range 1.3307–1.3334.
Lower highs from the 1.3349 Asian high keep price under the descending trendline. A USD bid on firm US data capped NY at 1.3332, and the latest lower high at 1.3327 has put price back on the 1.3307 session low into London close. RSI(14) near 38 is not stretched, and the 1.3307–1.3334 swing high range is still intact.
Support: 1.33068, 1.3290
Resistance: 1.33266, 1.33342, 1.33488
What it said to watch
M15 close below the 1.3307 session low extends the lower-low chain toward the 1.3290 range floor
Close above the 1.3327 lower high and the descending trendline breaks the lower-high sequence; 1.3334 swing high is the range top
UK Budget (~10:00 UTC Wed) and FOMC (18:00 UTC Wed) could materially shift this read
15:47 UTC
Intraday downtrend, lower highs through NY · RSI 38 · price 1.33134
London-NY range 1.3307–1.3334, price at lower end.
Cable broke below the Asian range at London open and printed a london low at 1.3307, with USD short-covering into FOMC doing the work. NY saw a rejection at the ny high of 1.3334 and again at 1.3332 after the firm US data. Lower highs since then have pushed price back to the ny low at 1.3312 with RSI(14) near 38.
Support: 1.3312, 1.3307, 1.3290
Resistance: 1.3327, 1.3334
What it said to watch
M15 close below the london low at 1.3307 breaks the intraday range and exposes the 1.3290 range floor
Close above the 1.3327 lower high breaks the NY lower-high sequence and reopens the 1.3334 ny high
UK Budget (10:00 UTC) and FOMC (18:00 UTC) on Wednesday could materially shift this read
Lower-high chain below Asian range, chopping 1.3307–1.3334.
Cable slipped out of the Asian range into London open and set a london low at 1.3307. NY rebounds stalled at a lower high of 1.3334, near the 61.8% fib of the Asian high-to-London low decline, and the 1.3332 spike after US data also failed. Price is now back at the ny low of 1.3312 as USD stays bid ahead of the FOMC.
Support: 1.3312, 1.3307, 1.3290
Resistance: 1.3327, 1.3334, 1.3349
What it said to watch
Close below the 1.3307 london low extends the lower-low sequence toward the 1.3290 range floor
Failure to hold the 1.3312 ny low exposes the London low
Close above the 1.3327 swing high and the descending trendline breaks the lower-high chain; 1.3334 lower high and 1.3349 asian high sit above
UK Budget and FOMC on Wednesday could materially shift this read
15:17 UTC
Downtrend, compressing near lows · RSI 41 · price 1.33145
Lower highs from 1.3334 into a flat 1.3314 base; Asian range broken lower.
Cable bled lower from the Asian high at 1.3349, broke the Asian range in early London and set a London low at 1.3307 as USD short-covering into the FOMC extended. The rebound met rejection at the London high of 1.3334, and NY has printed lower highs (1.3332, then 1.3327) into a flat NY base near 1.3314, where price sits late in the London-NY overlap with RSI(14) near 40 and price below EMA20 and EMA50.
Support: 1.3314, 1.3307, 1.3290
Resistance: 1.3327, 1.3334, 1.3349
What it said to watch
M15 close below the 1.3314 ny base exposes the 1.3307 london low, then the 1.3290 range floor
Close above the 1.3327 lower high and the lower-highs trendline breaks the NY compression
Recovery through the 1.3334 london high reopens the 1.3349 asian high
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially shift this read
NY range 1.3314–1.3334 inside rising lows off the London low.
GBPUSD broke below the 1.3326 Asian range low at London open and found a London low at 1.3307, extending the USD short-covering ahead of the Fed. Since then rising lows at 1.3314 and the 1.3317 NY low, near the 61.8% of the London leg, have held, while the 1.3332–1.3334 session high has capped twice. Mid-NY, price is pinned between the two at 1.3326.
Support: 1.3317, 1.3307, 1.3290
Resistance: 1.3334, 1.3349
What it said to watch
M15 close above the 1.3334 session high reopens the 1.3349 Asian high
Loss of the 1.3317 ny low and the rising lows line exposes the 1.3307 london low and the 1.3290 range floor
Firm US data today and the Wednesday UK Budget (10:00 UTC) and FOMC may keep NY ranges tight into the close
London broke the Asian range low and set a session low at 1.3307 as USD short-covering into FOMC extended. Since then price has compressed between higher lows (1.3307, then the 1.3314 NY low) and lower highs, with the 14:00 UTC spike rejected under the 1.3334 session high near the 61.8% retracement. RSI(14) is neutral near 48 and price sits just under EMA20 mid-NY session.
Support: 1.3314, 1.3307, 1.3290
Resistance: 1.3334, 1.3349
What it said to watch
M15 close above the 1.3334 session high breaks the lower-highs sequence and exposes the 1.3349 asian high
Loss of the 1.3314 ny low breaks the higher-lows line and puts the 1.3307 london low, then the 1.3290 range floor, in play
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially shift this compression read
14:32 UTC
Intraday downtrend, basing in NY · RSI 57 · price 1.33286
Higher lows off 1.3307 London low, capped by 1.3334 NY high.
London open swept the Asian low and extended to the 1.3307 london low on pre-FOMC USD short-covering. NY has since printed a 1.3314 higher low and spiked back to the 50% retrace of the asian high to london low drop, with the 1.3334 ny high capping so far.
Support: 1.33142, 1.33068
Resistance: 1.33342, 1.33488
What it said to watch
M15 close above the 1.3334 ny high (61.8% retrace) opens the 1.3349 asian high
Loss of the 1.3314 higher low breaks the rising trendline and exposes the 1.3307 london low
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially shift this read; pre-event ranges tend to compress
Higher lows from the london low, capped by the 1.3334 london high.
London broke below the 1.3326–1.3349 Asian range to a 1.3307 london low as USD short-covering extended into FOMC, but higher lows have since formed at 1.3311 and the 1.3314 ny low. The 14:00 UTC US data bar lifted price back above EMA20 and onto EMA50, with the 1.3334 london high capping just under the 1.3340 broken support.
Support: 1.33142, 1.33068, 1.3290
Resistance: 1.33342, 1.33488
What it said to watch
M15 close above the 1.3334 london high breaks the lower-high sequence and puts the 1.3349 asian high in play
Loss of the 1.3314 ny low breaks the higher-lows line, exposing the 1.3307 london low and the 1.3290 range floor
Wednesday's UK Budget and FOMC sit beyond this window but could reset the 1.3290–1.3390 range
Lower highs and lows; NY bounce rejected at broken support.
Lower highs from yesterday's 1.3359 peak continue to hold. London broke below the Asian range (1.3326–1.3349 asian high) and printed the 1.3307 london low. An early-NY retest of broken 1.3334 support was rejected at the 50% retrace after firm US durables, and price is now sitting just above the 1.3314 ny low, below both EMAs, with RSI(14) neutral near 48.
Support: 1.3314, 1.3307, 1.3290
Resistance: 1.3334, 1.3349
What it said to watch
M15 close above the 1.3334 rejection hi breaks the lower-high trendline and invalidates the downtrend read
Failure to hold the 1.3314 ny low and the 1.3307 london low confirms a fresh lower-low toward the 1.3290 range floor
US Consumer Confidence and New Home Sales at 14:00 UTC land on the current bar
UK Budget (10:00 UTC) and FOMC (18:00 UTC) Wednesday could materially shift this read
Below Asian range; 1.3307–1.3334 range forming in London/NY.
London broke below the Asian range to a 1.3307 london low as USD short-covering into FOMC extended. The first-hour-of-NY pop to the 1.3334 ny high was rejected at that broken support, and price has slipped back toward the 1.3314 ny low. The lower-highs line from the 1.3349 asian high still caps; RSI(14) is near 48, ATR about 7 pips.
Support: 1.33142, 1.33068
Resistance: 1.33342, 1.33488
What it said to watch
M15 close below the 1.3307 london low extends the lower-low sequence
M15 close above the 1.3334 ny high breaks the lower-highs trendline and reopens the 1.3349 asian high
Failure to hold the 1.3314 ny low puts the session range floor back in focus
US Consumer Confidence and New Home Sales at 14:00 UTC (next bar) could jolt the range
UK Budget and FOMC on Wednesday are the larger event risk for this structure
London break below Asian range, NY-open bounce rejected under broken lows.
London opened with a break below the 1.3326–1.3349 Asian range and extended to a london low at 1.3307 as the USD bid into FOMC held. The NY-open bounce stalled at the 1.3334 rebound high, near the 61.8% retracement and the underside of the broken Asian lows, and price has slipped back to 1.3320, below both EMAs.
Support: 1.3317, 1.3307
Resistance: 1.3334, 1.3349
What it said to watch
M15 close above the 1.3334 rebound high negates the lower-high read and reopens the 1.3349 asian high
Failure to hold the 1.3317 swing low exposes the 1.3307 london low
US Consumer Confidence at 14:00 UTC is the next intraday catalyst
UK Budget and FOMC on Wednesday could materially shift this read
Cable has recovered about 27 pips from the 1.3307 London session low on a chain of higher lows along a rising trendline. The first hour of NY stalled at 1.3334, the 61.8% fib of the drop from the 1.3349 Asian high and just under the broken 1.3340 area flagged in the USD-driven selloff. The post-Durables dip held the 1.3327 higher low, and RSI(14) is neutral near 56.
Support: 1.33271, 1.33175, 1.33068
Resistance: 1.33342, 1.33488
What it said to watch
M15 close above 1.3334 (61.8% fib) clears the retest of 1.3340 and brings the 1.3349 Asian high into range
Loss of the 1.3327 higher low and the rising trendline turns focus to the 1.3318 swing low, then the 1.3307 session low
US Consumer Confidence at 14:00 UTC could shift this read; Wednesday's UK Budget and FOMC are the larger event risks
12:47 UTC
Intraday downtrend, recovering off London low · RSI 61 · price 1.33304
Asian range broken lower, higher-low chain retesting range floor.
London broke the Asian range low near 1.3326 and extended to a 1.3307 london low as USD shorts were trimmed ahead of FOMC. Since then a higher-low chain has lifted price back into the range floor, with early NY stalling at the 61.8% fib near 1.3334. Price sits just above a flat EMA50, RSI(14) near 61.
Support: 1.3327, 1.3318, 1.3307
Resistance: 1.3334, 1.3349
What it said to watch
M15 close above the 1.3334 61.8% fib opens the 1.3349 asian high
Loss of the 1.3327 swing low, then the 1.3318 higher low, breaks the recovery trendline
Break below the 1.3307 london low resumes the intraday downtrend
US Consumer Confidence at 14:00 GMT could shift this read; UK Budget and FOMC on Wed
12:31 UTC
Intraday rebound off London low, testing resistance · RSI 62 · price 1.33323
Higher lows since 1.3307 London low; price back inside Asian range.
London broke the asian low at 1.3326 and extended to a 1.3307 london low on pre-FOMC USD demand. A higher-low chain then built, and the 12:00 UTC bar broke the 1.3325 cap into the NY open, stalling at a 1.3334 session high on the 61.8% retrace of the London drop. RSI(14) is near 62 and ATR(14) about 7 pips.
Support: 1.33258, 1.33178, 1.33068
Resistance: 1.33342, 1.33488
What it said to watch
US Durable Goods (12:30 GMT, now printing) and Consumer Confidence at 14:00 GMT can extend or reverse the NY-open push
A close back below the asian low at 1.3326 reopens the 1.3318 higher low
A break of the 1.3318 higher low and the rising trendline puts the 1.3307 london low back in play
A close above the 1.3334 session high and the 61.8% retrace opens the 1.3349 asian high
UK Budget and FOMC on Wed keep intraday ranges prone to positioning swings
12:17 UTC
Intraday downtrend, rebounding off London low · RSI 58 · price 1.33317
London false break below Asian range, higher lows since 1.3307.
London open broke below the Asian low at 1.3326 and extended to a session low of 1.3307 at 09:30 UTC as USD short-covering ran ahead of the FOMC. Since then the pair has printed higher lows, the latest at 1.3318. The 12:00 UTC bar jumped back into the Asian range, and price is now testing the 61.8% fib of the 1.3349–1.3307 drop.
Support: 1.3326, 1.3318, 1.3307
Resistance: 1.3333, 1.3349, 1.3359
What it said to watch
M15 close back below the 1.3326 asian low turns the break into a failed reclaim and exposes the 1.3307 session low
Acceptance above the 1.3333 61.8% fib opens the 1.3349 asian high, with yesterday's 1.3359 prior high above that
Loss of the 1.3318 higher low breaks the rising trendline off the session low
US Durable Goods (12:30 UTC) and Consumer Confidence (14:00 UTC) could materially shift this read
Wednesday's UK Budget and FOMC keep USD-driven swings elevated
12:02 UTC
Downtrend, basing after London low · RSI 46 · price 1.33191
Asian range broken lower; higher low forming above session low.
The Asian range gave way just before London open, and London extended to a 1.3307 session low as USD-short covering ahead of Wednesday's FOMC persisted. Since then the pair has printed a higher low at 1.3311 and a bounce high at 1.3325, capped just under the 38.2% fib of the 1.3359–1.3307 drop. Price sits below EMA20 with RSI(14) neutral near 46.
Support: 1.33111, 1.33068
Resistance: 1.33254, 1.33286, 1.3340
What it said to watch
M15 close above the 1.3325 bounce high and the 38.2% fib opens a retest of the 1.3329 asian low from below
Failure to hold the 1.3311 higher low exposes the 1.3307 session low; a break below extends the lower-low sequence
Reclaim of the 1.3340 round number, the broken support, would undo the session breakdown
US Durable Goods at 12:30 UTC and Consumer Confidence at 14:00 UTC could shift the NY-session range
Lower highs from the Asian high; higher lows off the London low.
Asia broke below Monday's 1.3327 low as USD buying ahead of the FOMC extended, and London ran to a 1.3307 london low before a higher-low sequence (1.3311, 1.3313, 1.3318) lifted price into the 38.2% fib of the asian high–london low move. The bounce is capped just under the 1.3326 london high, with RSI(14) at 44 and price sitting on EMA20 at 1.3321 late in the London session.
Support: 1.33111, 1.33068
Resistance: 1.33265, 1.33488
What it said to watch
M15 close below the 1.3311 higher low breaks the rising support and puts the 1.3307 london low back in play
M15 close above the 1.3326 london high, also Monday's low and near the 50% fib, opens the path toward the 1.3349 asian high
US Durable Goods (12:30 UTC) and Consumer Confidence (14:00 UTC) land around the NY open and could break the 1.3307–1.3326 London range
UK Budget and FOMC on Wednesday keep moves around these levels headline-sensitive
Asian range broken lower; higher lows since 1.3307 low, capped below london high.
London broke the Asian low at 1.3333 and ran to a 1.3307 session low as USD-short covering ahead of FOMC extended. Since then a higher-low chain has lifted price back above the ema20 to the 38.2% retrace near 1.3323. The london high at 1.3329 is the first cap, and RSI(14) sits neutral near 51.
Support: 1.3320, 1.3313, 1.3307
Resistance: 1.3329, 1.3333, 1.3349
What it said to watch
M15 close back above 1.3333 (asian low) puts price inside the Asian range and opens the asian high at 1.3349
Rejection at the 1.3329 london high keeps the lower-high sequence intact
Loss of the 1.3313 higher low and the ema20 near 1.3320 breaks the rebound structure; below 1.3307 session low extends the downtrend
US Durable Goods at 12:30 UTC and Consumer Confidence at 14:00 UTC could materially shift this read into NY open
Asian range broken lower at London open; small higher lows off the session low, capped at 1.3321.
London open broke the Asian low at 1.3326 and pushed the USD-driven slide to a 1.3307 session low, through the 1.3320 one-week low flagged in the digest. Price has since printed small higher lows at 1.3311 and 1.3313. The bounce is stalling at the 1.3321 bounce high, below the 38.2% retrace and EMA20 near 1.3325.
Support: 1.33132, 1.33068, 1.3300
Resistance: 1.33205, 1.33258, 1.33488
What it said to watch
M15 close above the 1.3321 bounce high and the 1.3326 Asian low puts price back inside the broken range, with the 1.3349 Asian high above
Loss of the 1.3313 higher low reopens the 1.3307 session low and the 1.3300 round number
US Durable Goods at 12:30 UTC, then Consumer Confidence at 14:00 UTC, could move the USD leg into the NY open
UK Budget and FOMC on Wednesday keep two-way risk elevated for the rest of the window
London range break below Asian low, lower highs, first higher low forming.
London open broke below the Asian low at 1.3326, and the extension ran to a session low of 1.3307 as USD demand into the FOMC carried on. The bounce stalled at the 61.8% fib of the London drop near 1.3321, with a higher low at 1.3311 holding beneath it. Price sits below EMA20 with RSI(14) near 39, and the market is consolidating mid-session.
Support: 1.33111, 1.33068, 1.3300
Resistance: 1.33207, 1.33258, 1.33293
What it said to watch
M15 close above 1.3321 (61.8% fib) brings the asian low at 1.3326 back into view as resistance
Failure to hold the 1.3311 higher low reopens the 1.3307 session low and the 1.3300 round number
Reclaim of the 1.3329 london high would invalidate the intraday downtrend read
US Durable Goods (12:30 UTC) and Consumer Confidence (14:00 UTC) could shift the USD leg into the NY session
Lower highs since Asian high; Asian range broken lower in London, now retesting from below.
London broke below the 1.3326 asian low and set a 1.3307 session low as USD short-covering into FOMC extended GBP's slide below 1.3320. Price is bouncing back under the fib 38.2 at 1.3323 with RSI(14) near 40, and the lower-high chain from the Asian high is intact.
Support: 1.33068, 1.3300
Resistance: 1.33228, 1.33258, 1.33344
What it said to watch
M15 close back above the 1.3326 asian low puts price back inside the Asian range
Break of the 1.3307 session low extends the lower-low chain toward the 1.3300 round number
A move through the 1.3334 swing high breaks the lower-high sequence
US Durable Goods 12:30 UTC and Consumer Confidence 14:00 UTC could shift the USD leg into NY open
Lower highs and lows through London after a break below the Asian range.
London broke below the 1.3326–1.3349 Asian range at the open and pushed to a 1.3307 session low, with USD short-covering into FOMC driving the leg. The bounce high at 1.3320 lines up with the 23.6% fib of the 1.3359–1.3307 leg and has been rejected mid-London, with RSI(14) near 40.
Support: 1.3307, 1.3300
Resistance: 1.3320, 1.3326, 1.3349
What it said to watch
An M15 close below the 1.3307 session low extends the lower-low chain toward the 1.3300 round number
A reclaim of the 1.3326 asian low (38.2% fib) puts price back inside the Asian range and weakens the breakdown read
US Durable Goods at 12:30 UTC and Consumer Confidence at 14:00 UTC could shift the USD leg into NY open
Lower highs since Asian high, Asian range broken lower in London.
London broke below the Asian low at 1.3326 and the prior-day low, extending the lower-high chain to a London low of 1.3307 as USD firmed ahead of Wednesday's FOMC and UK Budget. Late in the London session, a 10-pip bounce is capped at the bounce high of 1.3320, where it meets the descending trendline. RSI(14) sits near 38, not stretched.
Support: 1.33068, 1.3300
Resistance: 1.33195, 1.33258, 1.33488
What it said to watch
M15 close above the descending trendline and the 1.3320 bounce high breaks the lower-high chain
Reclaim of the 1.3326 Asian low puts price back inside the Asian range and turns the break into a false break; 1.3349 Asian high is the range top
Failure to hold the 1.3307 London low opens the 1.3300 round number
US Durable Goods 12:30 UTC and Consumer Confidence 14:00 UTC could shift the USD leg into NY open
Asian range broken lower at London open; lower highs intact.
London broke the 1.3329–1.3349 Asian range lower at the open and extended to a 1.3307 session low, below Monday's 1.3327 low, as pre-FOMC USD short-covering kept the pair heavy. The bounce stalled at 1.3319, near the 38.2% level of the London leg fib, with the descending highs line still capping and RSI(14) near 35.
Support: 1.3307, 1.3300
Resistance: 1.3319, 1.3329, 1.3349
What it said to watch
A close back above the 1.3329 asian low returns price to the Asian range and negates the break.
Rejection at the 1.3319 bounce high and a break of the 1.3307 session low extend the lower-low chain toward the 1.3300 round number.
A close above the descending highs line near 1.3322 breaks the London lower-high sequence.
US Durable Goods (12:30 UTC) and Consumer Confidence (14:00 UTC) during NY hours can expand the session range; Wednesday's Budget and FOMC are the larger risk.
Lower highs since London open, Asian range low broken.
London open broke the Asian low at 1.3326 and has printed a steady chain of lower highs under a falling trendline. The 1.3320 prior lows have also given way, and the session low now sits at 1.3307. The move tracks the pre-FOMC USD bid flagged in the digest, with RSI(14) near 24, stretched but not at an extreme.
Support: 1.3307, 1.3300
Resistance: 1.3320, 1.3326, 1.3349
What it said to watch
M15 close back above the 1.3320 prior lows and the falling trendline would stall the lower-high sequence
Recovery above the 1.3326 asian low would turn the London break into a false break
Failure to hold the 1.3307 session low exposes the 1.3300 round number
US Durable Goods at 12:30 UTC, then Consumer Confidence at 14:00, could shift this read during NY hours
Asian high at 1.3349 caps any squeeze ahead of Wednesday's Budget and FOMC
09:32 UTC
Downtrend, fresh lows into London · RSI 28 · price 1.33121
Asian range broken lower, lower-high chain since 07:00 UTC.
GBPUSD slipped below the Asian range and Monday's 1.3327 prior low as pre-FOMC USD short-covering extended. It printed a session low at 1.3311 in the second hour of London after breaking the 07:00 UTC low at 1.3316. Lower highs have capped every bounce since 07:00 UTC, the 1.3359–1.3311 decline has seen no meaningful retracement, and RSI(14) near 28 is stretched but not extreme.
Support: 1.3311, 1.3300
Resistance: 1.3316, 1.3327, 1.3349
What it said to watch
M15 close back above the 1.3327 prior low neutralises the breakdown read
Hold below the 1.3316 07:00 low keeps the lower-high chain intact
Break of the 1.3300 psych level extends the lower-low sequence
Bounce toward the 1.3349 asia high would put price back inside the Asian range
US Durable Goods at 12:30 UTC and Consumer Confidence at 14:00 UTC could shift the USD leg during NY hours
Lower highs from 1.3359; London compressing above the day low.
Lower highs since yesterday's 1.3359 NY high carried GBP/USD below the Asian range and the 1.3327 prior low into the day low at 1.3316 before London, with pre-FOMC USD short-covering driving the leg. London is so far holding a tight 1.3317–1.3329 band under the descending line and below both EMAs, RSI(14) near 34.
Support: 1.3316, 1.3300
Resistance: 1.3327, 1.3334
What it said to watch
M15 close below the 1.3316 day low extends the lower-low chain toward the 1.3300 round number
Recovery above the 1.3327 prior low and the descending line brings the 38.2% fib and the 1.3334 swing high into play
US Durable Goods (12:30 UTC) and Conference Board Confidence (14:00 UTC) could shift the USD leg during NY hours
UK Budget and FOMC on Wed keep event risk elevated into the close
Asian range broken lower at London open; lower highs from 1.3329, lows holding 1.3316-1.3317.
Cable broke below the Asian range and yesterday's 1.3327 NY low at the London open, printing a 1.3316 session low as pre-FOMC USD short-covering extended. The bounce stalled at the 1.3329 london high, the 38.2% retrace of the asian high-to-session low drop, and lower highs have followed since with RSI(14) near 33.
Support: 1.3316, 1.3300
Resistance: 1.3329, 1.3333, 1.3349
What it said to watch
M15 close above 1.3329 breaks the lower-highs sequence and puts the 1.3333 prior lows shelf back in play
Failure to hold the 1.3316 session low extends the leg toward the 1.3300 round number
Reclaim of 1.3349 asian high would negate the range-break read
US Durable Goods 12:30 UTC and Consumer Confidence 14:00 UTC could shift the USD leg into NY
UK Budget and FOMC on Wed keep follow-through thin ahead of the events
Lower highs since Asian high; tight consolidation after London open low.
GBPUSD slipped below the 1.3333–1.3349 Asian range before London as USD short-covering into FOMC extended. London open pushed to 1.3316 and has since held a higher low at 1.3320. The falling trendline is capping bounces under the 1.3329 London high, with RSI(14) near 33.
Support: 1.3320, 1.3316, 1.3300
Resistance: 1.3329, 1.3333, 1.3349
What it said to watch
M15 close above the 1.3329 London high and falling trendline breaks the lower-high sequence
Reclaim of the 1.3333 Asian low would put price back inside the Asian range, up toward the 1.3349 Asian high
Failure to hold the 1.3316 London low opens the 1.3300 round number
US Durable Goods 12:30 UTC, around NY open, could reset the session range
08:32 UTC
Downtrend, compressing near lows · RSI 33 · price 1.3323
Lower highs since late NY, base forming 1.3316-1.3320.
Lower highs since yesterday's 1.3359 peak. The Asian session bled from its 1.3349 asian high, and early London broke the 1.3333 broken base to print a 1.3316 london low before stalling at the 38.2% fib near 1.3329. Price is compressing just above a 1.3320 intraday base with RSI(14) near 33, and the drift reflects pre-FOMC USD short-covering rather than GBP-specific selling.
Support: 1.3320, 1.3316
Resistance: 1.3329, 1.3333, 1.3349
What it said to watch
M15 close back above the 1.3333 broken base invalidates the lower-high sequence
Failure to hold the 1.3316 london low extends the London leg lower
Repeated rejection at the 38.2% fib (1.3329) keeps the intraday base under pressure
US Durable Goods 12:30 UTC and Conference Board Confidence 14:00 UTC could shift this read in the NY session
UK Budget and FOMC on Wed are the larger event risk beyond this window
08:17 UTC
Downtrend, lower highs since Asia · RSI 31 · price 1.33236
Asian range broken lower, London open testing session low.
GBPUSD slipped out of the 1.3333–1.3349 Asian range before London open, taking out Monday's NY low at 1.3327 and printing a session low at 1.3316 as pre-FOMC USD short-covering extended. The rebound stalled at the 1.3329 bounce high, just under the 38.2% fib of the Asia-London drop, and the London open bar is pressing the lows with RSI(14) near 31.
Support: 1.3316, 1.3300
Resistance: 1.3329, 1.3349
What it said to watch
Loss of the 1.3316 session low exposes the 1.3300 round number
An M15 close back above the 1.3329 bounce high and the 1.3333 Asian low negates the range break
Recovery to the 1.3349 asian high would erase the overnight drop
US Durable Goods (12:30 UTC) and Conference Board confidence (14:00 UTC) could shift USD tone into NY hours
Asian range broken lower, bounce capped at fib 38.2.
Pre-London selling broke the 1.3333–1.3349 Asian range and the prior-day low, printing a session low at 1.3316. The pullback faded at the fib 38.2 near 1.3329, keeping the lower-highs line intact into London open. This fits the digest: USD short-covering into FOMC, not GBP-specific selling.
Support: 1.3316, 1.3300
Resistance: 1.3329, 1.3333, 1.3349
What it said to watch
M15 close back above the asia low at 1.3333 would break the lower-highs line and return price to the Asian range
Failure to hold the 1.3316 session low extends the lower-low chain toward the 1.3300 round number
Asia high at 1.3349 caps any recovery; only a reclaim there neutralises the downtrend read
US Durable Goods at 12:30 UTC, then Conference Board confidence at 14:00, could shift USD tone during NY hours
UK Budget and FOMC on Wednesday keep two-way event risk elevated
LH/LL chain from 1.3359; Asian range broken lower at London open.
London open broke the Asian low near 1.3330 and swept to 1.3316 under the prior NY low at 1.3327. That extends the lower-high chain off the 1.3359 swing high as pre-FOMC dollar short-covering continues. Price is back on the prior NY low in the first hour of London, RSI(14) near 35 and not stretched.
Support: 1.33273, 1.3316, 1.3300
Resistance: 1.3330, 1.33452, 1.33588
What it said to watch
M15 close below the 1.3316 London low confirms a fresh lower-low, with the 1.3300 round number next
Reclaim of the 1.3330 Asian low, then the 1.3345 lower high, breaks the lower-high sequence
Sustained trade back above the 1.3359 swing high would void the intraday downtrend read
US Durable Goods at 12:30 UTC could shift this read in the NY session; UK Budget and FOMC on Wednesday are the larger risk
07:32 UTC
Downtrend, early-London bounce off a fresh low · RSI 35 · price 1.33291
Asia lower highs from 1.3349; early London broke Monday's low to 1.3316 and reclaimed it.
Asia printed lower highs from the 1.3349 asia high as pre-FOMC dollar short-covering kept GBP heavy. Early London pushed through the asia low and Monday's 1.3327 prior low to a 1.3316 session low, then snapped back above 1.3327. The bounce is stalling at the 38.2% fib retrace, with RSI(14) near 35 and price under both EMAs.
Support: 1.33273, 1.3316
Resistance: 1.33326, 1.33488
What it said to watch
A close back below the 1.3327 prior low turns the move into a lower low and reopens the 1.3316 session low
Reclaiming the 1.3333 asia low and the lower-highs trendline near 1.3341 would undo the Asia lower-high sequence
US Durable Goods (12:30 UTC) and Conference Board confidence (14:00 UTC) can extend or unwind the pre-FOMC dollar bid
Asian range broken lower at London open, new 24h low.
London open broke the Asian range low at 1.3333 and Monday's NY low at 1.3327, printing a london low at 1.3316. Lower highs have stepped down from 1.3359 on pre-FOMC dollar short-covering. RSI(14) near 22 is stretched but not extreme, and ATR is about 4 pips.
Support: 1.3316, 1.3300
Resistance: 1.3327, 1.3333, 1.3349
What it said to watch
Reclaim of 1.3327 (mon ny low) would turn the London push into a false break
M15 close above the lower-high line and the 1.3333 asian low breaks the lower-high sequence; above 1.3349 asian high negates the range break
Failure to hold 1.3316 london low exposes the 1.3300 round number
US Durable Goods 12:30 UTC and Consumer Confidence 14:00 UTC could shift the NY session read
07:02 UTC
Intraday downtrend, fresh lows into London open · RSI 31 · price 1.33244
Asian range broken lower, lower highs since 03:45 UTC.
Pre-London selling broke the Asian low at 1.3333 and Monday's 1.3327 monday low, printing a session low at 1.3324 at London open. Lower highs have capped every bounce since 03:45 UTC, with pre-FOMC USD short-covering driving the move and UOB's 1.3340 support now gone. RSI(14) near 31 is soft but not stretched.
Support: 1.33242, 1.3300
Resistance: 1.33273, 1.33326, 1.33488
What it said to watch
Reclaim of the 1.3333 asian low would turn the range break into a false break
An M15 close above the lower highs line near 1.3333 breaks the intraday down-sequence
Failure to hold the 1.3324 session low leaves the 1.3300 round number exposed
Retest of the 1.3327 monday low from below is the first area to watch for rejection or break
US Durable Goods at 12:30 UTC and Consumer Confidence at 14:00 UTC could shift the NY session read
Lower highs from NY high; Asian range broken lower.
Late Asia slipped through the Asian range low at 1.3333 and is pressing Monday's low at 1.3327, with RSI(14) near 30. A chain of lower highs from the 1.3359 NY high has capped every bounce, and the pre-FOMC USD short-covering that took out 1.3340 support is still the driver.
Support: 1.33273, 1.3300
Resistance: 1.33326, 1.33488, 1.33588
What it said to watch
M15 close below the Monday low at 1.3327 extends the lower-low sequence toward the 1.3300 round number
Recovery back above the Asia low at 1.3333 would mark the break as a false break
Close above the Asia high at 1.3349 breaks the lower-highs trendline and neutralises the downtrend read
London open in about an hour and US Durable Goods at 12:30 UTC could shift this read; UK Budget and FOMC on Wednesday
06:31 UTC
Downtrend, lower highs since Monday NY · RSI 32 · price 1.3331
Asian range broken lower; price parked just above Monday's NY low.
Pre-pre-FOMC USD short-covering pushed GBPUSD out of the 1.3333–1.3349 Asian range around 05:00 UTC, printing a session low at 1.3329 ahead of London open. Price is now stalled one to two pips above Monday's NY prior low at 1.3327, with RSI(14) near 32 and lower highs capping every bounce since the 1.3359 prior high.
Support: 1.3329, 1.3327
Resistance: 1.3333, 1.3349, 1.3359
What it said to watch
M15 close below the 1.3327 prior low confirms a fresh lower-low in the sequence
Recovery back inside the Asian range above 1.3333 (the old asian low) points to a false break
Reclaim of the 1.3349 asian high and the lower-highs trendline invalidates the downtrend read
US Durable Goods at 12:30 UTC; UK Budget and FOMC on Wed could materially shift this read
06:17 UTC
Downtrend, grinding lower in late Asia · RSI 34 · price 1.33312
Lower highs from 1.3359; Asian range broken to the downside.
Late Asia slipped below the 1.3333 asian low to a 1.3329 session low, leaving price about 2 pips above Monday's 1.3327 ny low. Rebounds have stalled under a descending trendline of lower highs from 1.3359. The drift matches pre-FOMC USD short-covering, and price is already below the 1.3340 support cited in the digest.
Support: 1.3329, 1.3327
Resistance: 1.3333, 1.3345, 1.3349
What it said to watch
M15 close below the 1.3327 ny low extends the lower-low sequence into London open
Recovery back above the 1.3333 asian low, into the range capped by the 1.3349 asian high, would mark the break as a false break
Close above the trendline and the 1.3345 lower highs cluster invalidates the downtrend read
US Durable Goods at 12:30 UTC could shift this read; UK Budget and FOMC on Wed keep USD short-covering in play
Lower highs since 1.3359; overnight range broken lower.
Late Asia broke below the overnight 1.3333–1.3345 range and set a session low at 1.3330, just above yesterday's NY low at 1.3327, with the lower-high trendline from the 1.3359 swing high still capping. The slide reflects pre-FOMC USD short-covering rather than GBP-specific selling and has taken out the 1.3340 area flagged as support. RSI(14) sits near 31.
Support: 1.33298, 1.33273
Resistance: 1.33326, 1.33452, 1.33588
What it said to watch
M15 close below the 1.3327 NY low extends the lower-low chain
Reclaim of the 1.3333 broken low back into the overnight range would mark a false break
Close above the 1.3345 lower high breaks the lower-high trendline
London open in ~2h and US Durable Goods at 12:30 UTC could reshape the session range
05:47 UTC
Intraday downtrend, lower highs through Asia · RSI 31 · price 1.3331
Asian range broken to downside, holding above Monday low.
Late Asia session. GBP/USD broke below the 1.3333 Asian low to 1.3330 after a run of lower highs off the 1.3349 Asian high, with pre-FOMC dollar short-covering doing the work. Price is just above the 1.3327 Monday low, RSI(14) near 31, and the 1.3340 pivot is now overhead.
Support: 1.3327, 1.3300
Resistance: 1.3340, 1.3349, 1.3359
What it said to watch
M15 close below the 1.3327 Monday low extends the lower-low chain toward the 1.3300 round number
Reclaim of the 1.3340 pivot and a break of the Asian lower-highs trendline near 1.3349 negates the range break
Above the 1.3349 Asian high, the Monday high at 1.3359 is the next cap
US Durable Goods 12:30 UTC and Consumer Confidence 14:00 UTC could shift the NY session read
Lower highs since 1.3359; Asian range broken lower.
Late in the Asia session, GBPUSD slipped through the 1.3333 asian low and the 1.3340 area as pre-FOMC Dollar short-covering extended. It now sits 4 pips above yesterday's NY prior low at 1.3327, with lower highs intact from 1.3359 and RSI(14) near 31.
Support: 1.3327, 1.3300
Resistance: 1.3333, 1.3349
What it said to watch
M15 close below the 1.3327 prior low extends the lower-low chain and puts the 1.3300 round number in view
Recovery back above the 1.3333 asian low turns the break into a false break; the 1.3349 asian high caps the range above
A close above the lower highs trendline would interrupt the downtrend read
London open liquidity and US Durable Goods at 12:30 UTC, with Budget and FOMC risk building into Wednesday
05:16 UTC
Intraday downtrend, lower highs through Asia · RSI 36 · price 1.33329
Pressing the Asian low beneath a lower-highs line.
In the late Asia session, roughly 2h45m before London open, Cable is retesting the 1.3333 Asian low after a run of lower highs from the 1.3349 Asian high. RSI(14) sits near 36 and ATR is under 4 pips. Dollar-led pre-FOMC short-covering keeps the pair below 1.3350, with yesterday's NY low at 1.3327 the next reference.
Support: 1.3333, 1.3327, 1.3300
Resistance: 1.3345, 1.3349, 1.3359
What it said to watch
M15 close below the 1.3327 NY low confirms a lower-low and puts the 1.3300 round number in view
Reclaiming the lower highs line near 1.3345 and the 1.3349 Asian high invalidates the intraday downtrend read
Yesterday's 1.3359 NY high caps the broader 1.3327–1.3359 day range
US durable goods at 12:30 UTC, the last pre-FOMC data, could materially shift this read
UK Budget and FOMC on Wed keep event risk elevated into London open
Lower highs inside Asian range, pressing range low.
Late Asia session, with price drifting back toward the asian low at 1.3333. Each bounce has stopped lower, at the 1.3349 asian high and then the 1.3345 lower high. Monday's NY rebound to the 1.3359 ny high has been fully faded as the USD firmed into FOMC, leaving price under both EMAs with ATR(14) below 4 pips ahead of London open.
Support: 1.33326, 1.33273
Resistance: 1.33455, 1.33488, 1.33588
What it said to watch
M15 close below the asian low at 1.3333 exposes the monday low at 1.3327
Close above the 1.3345 lower high breaks the Asia descending trendline; the asian high at 1.3349 sits just above
Ny high at 1.3359 marks the top of the intraday swing; reclaiming it negates the fade
US durable goods at 12:30 UTC, then consumer confidence at 14:00 UTC, could expand the compressed range
04:46 UTC
Intraday downtrend, flattening in Asia · RSI 46 · price 1.3340
Lower high at 1.3359, tight Asian range above Monday low.
Monday's dollar-led slide bottomed at the 1.3327 prior low, and the NY rebound stalled at 1.3359, a lower high. Price has since faded into a 1.3333–1.3349 Asian range and sits mid-range at 1.3340, just under EMA20/50, with RSI(14) neutral near 46 and ATR(14) a thin ~3.6 pips ahead of London open. The 61.8% retrace of the NY high-to-Asian low leg lines up with the Asian high.
Support: 1.3333, 1.3327
Resistance: 1.3349, 1.3359
What it said to watch
M15 close below the asian low at 1.3333 exposes the prior low at 1.3327 and extends the lower-low sequence
M15 close above the asian high at 1.3349 (61.8% of the ny high leg) reopens 1.3359
US durable goods at 12:30 UTC and consumer confidence at 14:00 UTC could break the Asian range during NY hours
UK Budget and FOMC on Wednesday could materially shift this read
04:32 UTC
Sideways after a USD-driven slide · RSI 51 · price 1.33413
Tight Asian range 1.3333–1.3349 above the 1.3327 NY low.
Late Asia session: GBPUSD is boxed inside a 1.3333–1.3349 Asian range after yesterday's USD-driven slide, as dollar shorts were trimmed ahead of the FOMC, to a 1.3327 NY low. Price is holding between the 50% and 61.8% of the NY rebound fib (1.3327–1.3359). ATR(14) has compressed to about 4 pips and RSI(14) is flat near 51, so no setup is in play.
Support: 1.33326, 1.33273
Resistance: 1.33452, 1.33488, 1.33588
What it said to watch
Break of the 1.3333 asian low, near the 1.3340 pivot cited in the market digest, exposes the 1.3327 ny low
A close above the 1.3345 range top and the 1.3349 asian high reopens the 1.3359 ny high
London open in about 2.5h is likely to set direction out of the compressed Asian range
US Durable Goods at 12:30 UTC is the next scheduled USD catalyst for this read
04:17 UTC
Sideways after Monday's USD-led drop · RSI 50 · price 1.3343
Asian range compressing: lower highs vs higher lows.
Monday's dollar bid ahead of FOMC drove GBPUSD to a 1.3327 monday low at the NY open. The late-NY rebound stalled at the 1.3359 ny high. Asia is coiling between the 1.3333 asian low and the 1.3349 asian high, with lower highs near 1.3345 and a higher low at 1.3338. Price is flat around the EMAs, RSI(14) is near 50 and ATR is only about 4.5 pips ahead of the London open.
Support: 1.3338, 1.3333, 1.3327
Resistance: 1.3345, 1.3349, 1.3359
What it said to watch
Close below the 1.3333 asian low breaks the higher low sequence and exposes the 1.3327 monday low, near the 1.3340 pivot cited in the GBP digest
Close above the lower highs and the 1.3349 asian high opens a retest of the 1.3359 ny high
US Durable Goods (12:30 UTC) and Consumer Confidence (14:00 UTC) could break the compression during NY hours
Wednesday's UK Budget and FOMC are the larger swing risk to this range
Lower highs and higher lows inside the Asian range.
Dollar buying ahead of FOMC carried the pair from 1.3378 to a NY low at 1.3327. The bounce stalled at the 1.3359 NY high. Late Asia has tightened between the 1.3333 asian low and the 1.3349 asian high, with lower highs and higher lows coiling around the 1.3340 pivot.
Support: 1.33326, 1.33273
Resistance: 1.33488, 1.33588
What it said to watch
A break of the 1.3333 asian low exposes the 1.3327 ny low and ends the higher-low sequence
A close above the 1.3349 asian high breaks the lower-high trendline and brings the 1.3359 ny high into play
London open in about 3h is the likely trigger to resolve the compression
US Durable Goods at 12:30 UTC and Consumer Confidence at 14:00 UTC could reset the intraday range
03:47 UTC
Down-leg from London, now flat in Asia · RSI 49 · price 1.3344
Asian range 1.3333–1.3349 under lower highs.
London sold GBPUSD from 1.3380, and the NY open extended the drop to a 1.3327 NY low as USD shorts were covered ahead of FOMC. The rebound stalled at the 1.3359 NY high and lower highs have followed since. Asia is boxed between the 1.3333 Asian low, defended twice, and the 1.3349 Asian high, with price pressing the lower-highs line near the range top.
Support: 1.3333, 1.3327
Resistance: 1.3349, 1.3359
What it said to watch
M15 close above the 1.3349 Asian high clears the lower-highs line and puts the 1.3359 NY high back in play
Failure to hold the 1.3333 Asian low exposes the 1.3327 NY low; a break there marks a fresh session lower-low
US durable goods and Consumer Confidence during NY hours could break the Asian range
UK Budget (Wed 10:00 UTC) and FOMC (Wed 18:00 UTC) could materially shift this read
03:31 UTC
Down from 1.3381, now flat in Asia · RSI 43 · price 1.33398
Lower highs from 1.3359; tight Asian range 1.3333–1.3349.
Pre-FOMC USD short-covering drove the London-NY slide from 1.3381 to the 1.3327 ny low. The rebound stalled at the 1.3359 ny high, about 60% retraced on the ny swing fib, and lower highs have capped since. Mid-Asia, price sits at 1.3340 inside a 1.3333–1.3349 Asian range, below both EMAs with RSI(14) near 43.
Support: 1.3333, 1.3327
Resistance: 1.3349, 1.3359
What it said to watch
Failure to hold the 1.3333 asian low exposes the 1.3327 ny low and the 1.3340 pivot zone
A close above the 1.3349 asian high breaks the lower-highs line and brings the 1.3359 ny high into view
US durable goods and consumer confidence in today's NY session are the last pre-Fed inputs
Pre-positioning into Wednesday's UK Budget and FOMC can extend the USD bid
03:16 UTC
Heavy after a USD-led slide, now flat mid-range · RSI 46 · price 1.33402
Lower highs below Monday's NY high; Asian range 1.3333–1.3349 intact.
GBP/USD is drifting mid-Asian range after Monday's USD short-covering slide into the FOMC. The Asian bounce from the 1.3333 asian low stalled at the 1.3346 swing high, the 50% retrace of the drop from the 1.3359 ny high, keeping a lower-high sequence on the descending trendline. RSI(14) sits near 46 with price under both EMAs, and Monday's 1.3327 ny low holds as the floor.
Support: 1.33326, 1.33273
Resistance: 1.33455, 1.33488, 1.33588
What it said to watch
M15 close below the 1.3333 asian low exposes the 1.3327 ny low; failure there confirms a lower-low
Close above the 1.3349 asian high and the descending trendline breaks the lower-high sequence, opening the path to the 1.3359 ny high
London open is likely to set the session range; the 1.3346 swing high is the first rejection point
US Durable Goods at 12:30 UTC and pre-FOMC USD positioning could materially shift this read
Asian range 1.3333–1.3349 under a descending line from the NY high.
USD short-covering ahead of the FOMC pushed GBPUSD to a 1.3327 NY low. The NY high at 1.3359 has since capped a lower-high sequence, with the 1.3346 lower high sitting on the descending line. Price is mid-Asian range near the 61.8% of the NY rebound, below both EMAs, and RSI is neutral.
Support: 1.33326, 1.33273
Resistance: 1.33455, 1.33488, 1.33588
What it said to watch
A close below the 1.3333 asian low puts the 1.3327 NY low and the 1.3340 support flagged in the news digest in play
A close above the 1.3349 asian high and the descending line breaks the lower-high chain toward the 1.3359 NY high
A London open break of the Asian range sets the session direction
US Durable Goods at 12:30 UTC, then Wednesday's UK Budget and FOMC, can shift this read
02:47 UTC
Intraday downtrend, paused in Asia · RSI 49 · price 1.33417
Lower highs from 1.3359; Asia range 1.3333–1.3349 above day low.
Pre-FOMC USD buying drove Monday's London-NY slide to the 1.3327 day low. The rebound capped at the 1.3359 NY high, a lower high below the London-session levels. Early Asia is rotating inside a 1.3333–1.3349 range. Price is flat at EMA20, RSI(14) is neutral near 49 and ATR(14) is about 4 pips.
Support: 1.3333, 1.3327
Resistance: 1.3349, 1.3359
What it said to watch
Failure to hold the 1.3333 asia low, tested twice overnight, exposes the 1.3327 day low and extends the lower-low sequence
M15 close above the 1.3349 asia high shifts focus back to the 1.3359 ny high, the top of the NY rebound
Price is sitting near the 61.8% retrace of the NY rebound; acceptance below it weakens that bounce
US Durable Goods (12:30 UTC) and Consumer Confidence (14:00 UTC) later today could break the Asian range
USD short-covering ahead of the FOMC drove Monday's London-to-NY slide to the 1.3327 monday low. The rebound capped at the 1.3359 ny high, and price has since printed lower highs along the lower-high line. The early Asia probe to the 1.3333 asian low was rejected above that higher-low line, leaving price mid-range at the 50% retrace of the NY rebound with RSI(14) neutral near 51.
Support: 1.33326, 1.33273
Resistance: 1.33488, 1.33588
What it said to watch
Failure to hold the 1.3333 asian low and the 1.3327 monday low confirms a lower-low and breaks the consolidation
A close above the 1.3349 asian high and the lower-high line puts the 1.3359 ny high back in play
US Durable Goods at 12:30 UTC today, with UK Budget and FOMC on Wednesday, could materially shift this read
Lower highs off the NY high, Asian range 1.3333–1.3349.
Monday's London selloff, on USD short-covering into the FOMC, ran into a 1.3327 monday low early in NY. The bounce stalled at the 1.3359 ny high and has printed lower highs since, with the latest rejection at 1.3346 on the descending trendline. Early Asia is boxed between the 1.3333 asian low and the 1.3349 asian high, with price sitting on EMA20 and RSI(14) flat near 49.
Support: 1.3333, 1.3327
Resistance: 1.3349, 1.3359
What it said to watch
M15 close below the 1.3333 asian low breaks the digest's 1.3340 support and exposes the 1.3327 monday low
Close above the descending trendline and the 1.3349 asian high ends the lower-high sequence, with the 1.3359 ny high next
US Durable Goods at 12:30 UTC, then Wednesday's UK Budget and FOMC, could materially shift this read
02:01 UTC
Mild downtrend, lower highs since NY peak · RSI 46 · price 1.3340
Lower highs inside 1.3327–1.3359 range.
Early Asia has given back the NY rebound to the 61.8% retracement near 1.3339. Lower highs from the 1.3359 NY high through the 1.3349 Asian high frame a descending trendline. The 1.3333 Asian low has held twice overnight, but USD short-covering into the Fed keeps GBP heavy below the 1.3350 pivot.
Support: 1.3333, 1.3327
Resistance: 1.3349, 1.3359
What it said to watch
Close below the 1.3333 Asian low exposes the 1.3327 Monday low and range base
Break of the descending trendline and a close above the 1.3349 Asian high would reopen the 1.3359 NY high
London open and US Durable Goods at 12:30 UTC are the next volatility points before Wednesday's Budget and FOMC
Late Asia session, GBP/USD is pressing the 1.3333 Asian low after a rejection at the 1.3343 lower high. Highs have stepped down from the 1.3359 NY high to the 1.3349 Asian high as USD short-covering into the FOMC caps rebounds. Price sits between the 61.8% and 78.6% of the NY rebound fib off the 1.3327 NY low.
Support: 1.3333, 1.3327
Resistance: 1.3343, 1.3349, 1.3359
What it said to watch
M15 close below the 1.3333 Asian low exposes the 1.3327 NY low
Recovery above the 1.3349 Asian high breaks the lower-high trendline and the downtrend read
US Durable Goods at 12:30 UTC and Consumer Confidence at 14:00 UTC could shift the NY session read
UK Budget and FOMC on Wednesday keep the 1.3340 area in focus
Lower highs since NY; tight Asia range 1.3333–1.3349.
Monday's USD short-covering ahead of the FOMC left a chain of lower highs from the 1.3359 NY high to the 1.3349 Asia high, with the day low at 1.3327 still intact. Early Asia swept the rollover low to a 1.3333 Asia low and snapped back to 1.3341, near the 61.8% of the NY rebound fib. RSI(14) is neutral near 48 and ATR(14) is under 4 pips.
Support: 1.33326, 1.33273
Resistance: 1.33488, 1.33588
What it said to watch
M15 close above the 1.3349 Asia high and the lower-highs trendline breaks the sequence and puts the 1.3359 NY high back in play
Failure to hold the 1.3333 Asia low exposes the 1.3327 day low; a close below it confirms a lower-low
London open typically expands the thin Asian range; US Durables at 12:30 UTC, then Wednesday's UK Budget and FOMC, could materially shift this read
London sold GBPUSD from 1.3370 and NY extended it to a 1.3327 day low on USD short-covering ahead of FOMC. The rebound stalled at the 1.3359 NY high, and the early Asia session pop to the 1.3349 Asia high was rejected. Price is back at the 1.3341 Asia base, near the 50% retracement of the NY bounce and just under EMA20.
Support: 1.3341, 1.33335, 1.33273
Resistance: 1.33488, 1.33588
What it said to watch
A close below the 1.3341 Asia base and 1.3334 swing low exposes the 1.3327 day low
A close above the 1.3349 Asia high breaks the lower-high trendline from the 1.3359 NY high
US Durable Goods at 12:30 UTC could break the Asian range
UK Budget and FOMC on Wednesday could materially shift this read
00:47 UTC
Downtrend, compressing near lows · RSI 56 · price 1.33446
Lower highs below 1.3359, tight 8-pip Asian range on top of 1.3341.
Monday's slide began at London open as USD shorts were trimmed into FOMC. The NY rebound from the 1.3327 monday low met rejection at the 1.3359 ny high, near the 50% retrace of the drop, and the next high printed lower. Early Tuesday Asia is boxed between the 1.3341 asian low and the 1.3349 asian high, with ATR near 3 pips and price pinned between flat EMAs.
Support: 1.3341, 1.3334, 1.3327
Resistance: 1.3349, 1.3359
What it said to watch
M15 close below the 1.3341 asian low exposes the 1.3334 late low and the 1.3327 monday low, near the 1.3340 pivot cited in the digest
M15 close above the 1.3349 asian high breaks the lower-high trendline and brings the 1.3359 ny high into play
US Durables later in the NY session and Wednesday's UK Budget and FOMC could materially shift this read
00:32 UTC
Downtrend, stalling in early Asia · RSI 58 · price 1.3346
Lower highs off 1.3359, compressing above 1.3334.
London broke the prior Asian low at 1.3367, and NY extended to a 1.3327 low as USD shorts were trimmed into the FOMC. The bounce to the 1.3359 NY high has since printed lower highs. Early Asia is holding a thin range between the 1.3334 rollover low and the 1.3349 Asia high, just above the 1.3340 pivot, with ATR(14) compressed near 3 pips.
Support: 1.3334, 1.3327
Resistance: 1.3349, 1.3359, 1.3367
What it said to watch
Close above the 1.3359 NY high breaks the lower-highs sequence
Failure to hold the 1.3334 rollover low exposes the 1.3327 NY low
A reclaim of the 1.3367 prior Asian low would undo the London breakdown
US Durable Goods at 12:30 UTC, then the UK Budget and FOMC on Wednesday, could materially shift this read
00:02 UTC
Downtrend, flat into early Asia · RSI 55 · price 1.3344
Lower high at 1.3359 after NY low; tight 1.3340–1.3345 range post-rollover.
London open broke Monday's Asian range and the NY open extended the slide to the 1.3327 NY low as USD shorts were trimmed into FOMC. The rebound stalled at the 1.3359 NY high, near the 50% fib of the Asia high-to-NY low drop and on the falling trendline. Price has since drifted back to the 1.3340 london low area and sits flat in early Asia.
Support: 1.3340, 1.33273
Resistance: 1.3350, 1.33588
What it said to watch
Failure to hold the 1.3340 london low, also the digest's pivot, exposes the 1.3327 ny low
M15 close above the 1.3350 round number and the 1.3359 ny high breaks the lower-high sequence and the falling trendline
UK Budget and FOMC on Wednesday could materially shift this read; Asia session ranges stay thin until then