22:39 UTC
Range-bound, rolling over from upper half · RSI 45 · price 1.32274
1.30–1.39 range since Q3 2025; lower highs since Jan, flat lows.
GBPUSD has traded between a range floor near 1.3000 and a range top at 1.3869 since the July 2025 peak. Highs have stepped lower from January to the August high at 1.3675, while lows at 1.3159 and the June low at 1.3140 have held flat, compressing the range. Two weeks of selling on 5%+ US yields have taken price back below a flattening EMA50 near 1.3390, deep into the 61.8–78.6% retracement of the Nov–Jan advance.
Support: 1.3140, 1.3000
Resistance: 1.3390, 1.3675, 1.3869
What it said to watch
- Weekly close below the june low at 1.3140 breaks the flat-lows sequence and exposes the 1.3000 range floor
- Recovery of the ema50 around 1.3390 would restore the mid-range read
- Weekly close above the lower-high trendline near 1.3650 would challenge the aug high at 1.3675
- UK Q2 GDP final and US core PCE on Wed Sep 30, plus NFP later in the week, could materially shift this read
- A move beyond the range top at 1.3869 would end the range regime