Every read JAFX AI made on the GBP/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:01 UTC
Broad range, recovering off lows · RSI 61 · price 1.34909
Range-bound between 1.3140 and 1.3590.
Cable has spent the last four months boxed between the mid-June 1.3140 low and the April 1.3590 peak, with no sustained directional break. The last week has recovered off the late-July 1.3280 low back above EMA20 and EMA50, now pressing the 1.3515 barrier that aligns with the 100-day. The post-BoE hawkish pop has since faded as Bailey talked down September-hike bets, leaving price working the upper half of the range.
Support: 1.3400, 1.3280, 1.3140
Resistance: 1.3515, 1.3559
What it said to watch
- Sustained D1 close below 1.3400 confirms hawkish-unwind and opens the lower range toward 1.3280
- Close above 1.3515 barrier reasserts the recovery toward 1.3559
- US ISM Manufacturing Mon could shift the USD side of this read
21:01 UTC
Choppy range, recovering off June low · RSI 61 · price 1.34909
Broad range, price mid-to-upper.
GBPUSD has spent roughly four months boxed between 1.3140 and 1.3660, with no durable trend. A double bottom near 1.3160 in mid-June marked the base, and price has since recovered above EMA(50) with the last four sessions rallying sharply toward the 1.3515 barrier after the BoE's hawkish 6-3 split. RSI cycling near 60 reflects the momentum bounce but leaves headroom before overbought.
Support: 1.3400, 1.3160
Resistance: 1.3515, 1.3660
What it said to watch
- Daily close above 1.3515 barrier revives the hawkish-hold uptrend narrative
- Sustained break below 1.3400 pivot opens deeper downside toward the June low
- BoE-speak follow-through and Monday ISM could shift the USD-side of this read