Cable climbed from Monday's ~1.3245 open and accelerated into the NY session on Thursday's soft 57K US NFP print, tagging a week high at 1.3385 — the move is a Dollar story, not domestic strength. Price has since coiled into a tight 1.3345–1.3360 consolidation through thin Independence Day liquidity, with RSI(14) unwinding back to neutral near 48 and price hugging the H1 EMA(20). The range floor around 1.3345 has held on each dip while 1.3385 caps the upside.
Support: 1.3345, 1.3325, 1.3265
Resistance: 1.3385, 1.3410
What it said to watch
H1 close above 1.3385 opens the path toward the 1.3410 barrier
Failure to hold 1.3325 confirms a lower-low and questions the week's uptrend
US ISM Services Monday could break this consolidation via USD flows
Cable ran from Monday's 1.3212 low to a 1.3385 week high on broad USD softness after Thursday's 57K NFP miss, a Dollar story more than domestic strength. Price has since gone flat in a tight 1.3350–1.3360 band, with the advance stalling under 1.3385 and RSI cooling as the highs failed to extend. EMA(50) sits well below, but momentum has drained out of the move into thin holiday trade.
Support: 1.3325, 1.3300, 1.3265
Resistance: 1.3385, 1.3410
What it said to watch
Hourly close above 1.3385 opens the path toward the 1.3410 barrier
Loss of 1.3325 would mark the first lower-low since Monday
ISM Services (Mon 14:00 UTC) and FOMC minutes (Wed) are the nearest USD catalysts
Cable ran from Tuesday's 1.3212 low to a 1.3384 week high, the bulk of the leg printing in the NY session after the soft 57K US NFP undercut Fed hike pricing — a Dollar-driven move rather than UK strength. Since that high, price has coiled in a tight 1.3355-1.3360 range through the thin Independence Day session, holding well above EMA(50) with RSI(14) cooling toward the midline. EMA(20) is now flattening into price around 1.3357.
Support: 1.3337, 1.3300, 1.3265
Resistance: 1.3384, 1.3410
What it said to watch
H1 close above 1.3384 opens the path to the 1.3410 barrier
Failure to hold 1.3337 exposes 1.3300 then the 1.3265 key line
ISM Services Mon and FOMC Minutes Wed could shift this USD-led read
Cable has climbed steadily since Monday's open, with the dominant leg landing in the NY session Thursday after the 57K NFP miss drove broad USD weakness. Price holds above EMA(20) and EMA(50) but has stalled into a tight 1.3350–1.3385 shelf through Friday's thin, holiday-hit tape. RSI(14) has cooled from overbought toward the mid-50s as the advance flattens.
Support: 1.3350, 1.3325, 1.3265
Resistance: 1.3385, 1.3410
What it said to watch
H1 close above 1.3385 opens the path to the 1.3410 topside cap
Loss of 1.3350 shelf exposes 1.3325, with 1.3265 the line keeping the multi-week uptrend intact
Cable rallied hard from Wednesday's 1.3212 base into Thursday's NY session, driven by broad USD weakness after the 57K NFP miss, peaking at 1.33846. Since then price has gone sideways between 1.3349 and 1.3380, holding above EMA(20) with RSI(14) cooling back toward the mid-50s. The week high at 1.3385 and the 1.3410 topside cap have yet to be challenged again.
Support: 1.33489, 1.3325, 1.3300
Resistance: 1.33846, 1.3410
What it said to watch
H1 close above 1.3385 opens the path to the 1.3410 topside cap
Failure to hold 1.3325 breaks this week's rising structure toward 1.3300
ISM Services (Mon) and FOMC Minutes (Wed) are the key USD catalysts that could shift this read
Cable extended its weekly climb through the NY session Thursday after the 57K US NFP miss, spiking to 1.33846 before stalling — a broad-Dollar move rather than domestic strength. Price has since coiled in a 1.3345–1.3365 band above a rising EMA(20), with RSI(14) cooling off overbought as the impulse pauses. The week high and the 1.3410 topside barrier remain the levels capping the advance.
Support: 1.3345, 1.3325, 1.3300
Resistance: 1.33846, 1.3410
What it said to watch
H1 close above 1.33846 reopens the 1.3410 topside
Loss of 1.3345 range floor exposes 1.3325 support
ISM Services (Mon) and FOMC Minutes (Wed) via USD could reset this read
17:01 UTC
Uptrend, momentum slowing · RSI 54 · price 1.3355
Consolidating below week high after impulse.
Cable ground higher all week on broad USD weakness after Thursday's soft 57K NFP, tagging a week high at 1.3385 before flattening. Price has since coiled in a tight 1.3345–1.3385 band with RSI(14) cooling back toward the mid-50s from stretched levels. It now sits just under the EMA20 while holding well above the EMA50, keeping this week's advance intact.
Support: 1.3345, 1.3325, 1.3300
Resistance: 1.3385, 1.3410
What it said to watch
H1 close above 1.3385 reopens the path toward the 1.3410 topside
Failure to hold 1.3325 threatens the week's higher-low structure
ISM Services Mon and FOMC minutes Wed could reprice the USD leg driving this move
Consolidating below weekly high after impulsive rally.
Cable ran from the 1.3212 low Tuesday to a 1.33846 week high on the two-day USD selloff after Thursday's soft 57K NFP; the move is a Dollar story, not domestic strength. Price has since gone sideways in the 1.3345-1.3385 band on thin Independence Day liquidity, with RSI(14) flattening near 50 and price pinned to EMA(20). Higher lows off the week base at 1.3265 keep the uptrend structure intact.
Support: 1.3325, 1.3300, 1.3265
Resistance: 1.33846, 1.3410
What it said to watch
Sustained close below 1.3325 opens a pullback toward 1.3300 / 1.3265
Break above 1.33846 week high exposes the 1.3410 topside barrier
ISM Services Mon and FOMC Minutes Wed are the next USD-side catalysts for this pair
Higher highs and higher lows, consolidating below week high.
Cable has run to two-week highs this week on the back of broad USD weakness after Thursday's soft 57K NFP print, peaking near 1.3385 before drifting into a tight consolidation. Price has flattened around the EMA20 with RSI(14) cooling toward the mid-50s after the impulse, and the 1.3385 week high has capped attempts through the NY session. The multi-day uptrend structure of higher lows off 1.3219 remains intact.
Support: 1.3345, 1.3325
Resistance: 1.3385, 1.3410
What it said to watch
H1 close above 1.3385 week high opens the path toward the 1.3410 / 100-day cap
Failure to hold 1.3345 breaks the rising support and threatens a lower low toward 1.3325
ISM Services (Mon) and FOMC minutes (Wed) could materially shift the USD-driven read
Higher highs into a consolidation below the week high.
Cable rallied all week on broad USD weakness, the leg accelerating into Thursday's 57K NFP miss and printing a week high at 1.33846. Since then price has consolidated in a tight 1.3350-1.3360 band, holding above EMA(20) with RSI(14) unwound from overbought back toward the 50s. The move is a Dollar story — UK PMIs stayed sub-50 with little impact.
Support: 1.33377, 1.3300
Resistance: 1.33846, 1.3410
What it said to watch
Loss of 1.33377 swing low would break the week's rising-low sequence
H1 close above 1.33846 week high reopens the 1.3410 topside
ISM Services (Mon 14:00 UTC) and FOMC minutes could shift the USD-driven read
Cable pushed to two-week highs near the 1.33850 week high after Thursday's soft US NFP (57K vs 110K) dragged the dollar lower, and price has since consolidated in a tight 1.33460–1.33660 band holding above EMA(20). RSI(14) has cooled off the impulse extremes back toward the mid-50s as the rally stalls under the 100-day MA cap around 1.34100. Rising support off Monday's lows remains intact into the London-NY session.
Support: 1.3346, 1.3325, 1.3300
Resistance: 1.3385, 1.3410
What it said to watch
H1 close above 1.33850 opens the path to the 1.34100 100-day MA barrier
Failure to hold 1.33250 prior support exposes the 1.33000 psych level
Bailey speech now (15:00 UTC) could materially shift this read
Cable ran higher through the week on soft-NFP dollar weakness, tagging two-week highs near 1.3385 before stalling into the NY session. Price is now consolidating in the 1.3335–1.3360 band, holding above EMA20 with RSI(14) easing back from the highs. Two attempts at ~1.3385 (the 100-day MA cap) have been rejected, leaving a double-top look on the week's peak.
Support: 1.33377, 1.3300
Resistance: 1.33846, 1.3410
What it said to watch
Bailey speech at 15:00 UTC could materially shift this read
H1 close above 1.33846 opens the path toward the 1.3410 100-day ma cap
Failure to hold 1.33377 exposes 1.3300 psych support
Two-week high posted, now consolidating below EMA20.
Cable rallied hard through Thursday's NY session to a two-week high at 1.33846 after the soft US June NFP (57K vs 110K) undercut the Dollar; the leg has since stalled and price has drifted back below the H1 EMA20 near 1.33560. RSI(14) has cooled from overbought back toward neutral as the market consolidates the move ahead of BoE's Bailey. Price holds well above EMA50 with the 1.34100 barrier and 100-day MA capping overhead.
Support: 1.3325, 1.3300, 1.3265
Resistance: 1.3356, 1.33846, 1.3410
What it said to watch
BoE Gov Bailey speech at 15:00 UTC is the only same-day catalyst and could materially shift this read
H1 close back above 1.33560 EMA20 reopens the 1.33846 week high
Loss of 1.33250 support signals deeper profit-taking toward 1.33000
Cable has trended up since Monday's 1.3212 low, with the dominant leg coming after Thursday's weak US NFP print that dragged the Dollar lower and pushed price to a week high at 1.33846. Since then it has stalled, slipping back under the EMA20 near 1.3356 with RSN(14) cooling toward the mid-line as the overbought move consolidates. The 100-day MA overhead and the 1.3410 barrier remain the caps referenced this week.
Support: 1.3337, 1.3325, 1.3300
Resistance: 1.3356, 1.33846, 1.3410
What it said to watch
Close above 1.33846 opens the path to the 1.3410 barrier
Failure to hold 1.3325 support confirms a deeper retrace toward 1.3300
BoE Gov Bailey at 15:00 UTC is the same-day catalyst that could shift this read
13:01 UTC
Uptrend, momentum easing · RSI 53 · price 1.33544
Higher highs and higher lows, consolidating below week high.
Cable has trended higher since Monday's session open near 1.3212, extending on the soft US NFP miss that dragged the dollar broadly lower into the NY session. The advance stalled at 1.33846 and price is now consolidating around EMA(20) with RSI(14) cooling back to the low-50s. The recovery is dollar-driven and stretched, with the 100-day MA cap near 1.3410 still above the week high.
Support: 1.3349, 1.3300, 1.3265
Resistance: 1.33846, 1.3410
What it said to watch
BoE Gov Bailey speech at 15:00 UTC is the only domestic catalyst and could materially shift this read
An H1 close above 1.33846 opens the path toward the 1.3410 barrier
Failure to hold 1.3300 would confirm a corrective pullback off the week high
Cable rode the soft US NFP dollar slide (57K vs 110K) into Thursday's NY session, printing a week high at 1.33846 before easing into a tight consolidation around 1.3354. Price holds above the rising EMA(20) with RSI(14) cycling in the mid-50s on pullbacks, but the six-day advance is stretched and capped shy of the 1.3410 barrier. Structure remains a stair-step of higher lows off Tuesday's 1.32120 base.
Support: 1.3340, 1.3308, 1.32725
Resistance: 1.33846, 1.3410
What it said to watch
BoE Bailey speech 15:00 UTC could materially shift this read
H1 close above 1.33846 opens the path toward the 1.3410 barrier
Loss of the 1.33400 session low would break the higher-low sequence toward 1.33080
12:01 UTC
Uptrend, momentum slowing · RSI 56 · price 1.3357
Higher highs and higher lows, consolidating under week high.
Cable has run a six-day USD-driven rally, accelerating through the NY session after the 57K US NFP miss and topping at the 1.3385 week high before easing to 1.3357. Price holds above EMA(20) with RSI(14) cycling in the mid-50s, and the last day has flattened into consolidation between the 1.3348 pullback low and the 1.3385 week high. The advance is a dollar story; sterling upside now needs fresh fuel.
Support: 1.3348, 1.3325, 1.3300
Resistance: 1.3385, 1.3410
What it said to watch
BoE Gov Bailey speech 15:00 UTC could materially shift this read
H1 close above 1.3385 week high opens the path to 1.3410 next barrier
Failure to hold 1.3348 pullback low exposes 1.3325 support
12:01 UTC
Uptrend, momentum slowing · RSI 57 · price 1.3357
Higher highs into stall below week high.
Cable ran a six-session climb off the 1.3212 low, accelerating through the NY session yesterday after the weak US NFP print (57K vs 110K f/c) knocked the dollar. The move stalled at the 1.3385 week high and has drifted into consolidation, with RSI(14) cooling from overbought toward 57 as price hugs EMA(20) near 1.3335. Pullbacks have so far held above the 1.3325 swing low, keeping the this-week structure intact under resistance.
Support: 1.3325, 1.3300, 1.3335
Resistance: 1.3385, 1.3410
What it said to watch
H1 close above 1.3385 week high opens the path to the 1.3410 next barrier
Failure to hold 1.3325 swing low / 1.3300 psych confirms a lower-low
BoE Bailey speech 15:00 UTC could materially shift this read
Cable has trended up since Monday's open near 1.3230, with the dominant leg coming Thursday into the NY session as the soft US NFP miss (57K vs 110K) dragged the Dollar and lifted GBPUSD toward the 1.3385 week high. Price has since drifted back to the EMA(20) around 1.3355 and is consolidating, RSI(14) unwound from stretched levels back toward the mid-50s. The week's higher-low sequence off 1.3337 remains intact.
Support: 1.3337, 1.3308, 1.3300
Resistance: 1.33716, 1.33846
What it said to watch
H1 close below 1.3337 threatens the week's higher-low sequence
Reclaim of 1.3372 reopens the 1.3385 week high
BoE Bailey speech at 15:00 UTC could materially shift this read
Higher highs and higher lows, capped below week high.
GBPUSD has trended up since Monday's open, with the dominant leg coming after Thursday's US NFP miss (57K vs 110K) dragged the Dollar and lifted cable to a week high at 1.33846. Price is now consolidating in the low 1.3350s, holding above EMA20 with RSI(14) cooling from overbought but staying above 50. The 1.33846 high and the 1.3410 100-day cap have contained the advance into today's session.
Support: 1.33377, 1.3300
Resistance: 1.33846, 1.3410
What it said to watch
BoE Gov Bailey speech 15:00 UTC could materially shift this read
H1 close above 1.33846 opens the path toward the 1.3410 cap
Failure to hold 1.33377 higher low points back toward 1.3300 support
Higher highs, higher lows since Monday; stalling under week high.
Cable has trended up all week from Monday's ~1.3212 open, with the dominant leg coming after Thursday's soft US NFP (57K vs 110K) dragged the dollar. Price tagged a 1.33846 week high before fading back toward EMA(20) around 1.3355, RSI(14) cooling to the low 50s. The 1.3410 MA cluster remains the overhead cap flagged for the week.
Support: 1.3337, 1.3300
Resistance: 1.33846, 1.3410
What it said to watch
BoE Bailey speech at 15:00 UTC could materially shift this read
Close above 1.33846 opens the path toward the 1.3410 ma cluster
Failure to hold 1.3300 support confirms a lower low
Higher highs since Monday, consolidating below week high.
GBPUSD has trended higher since Monday's open, with the dominant leg coming Thursday into the NY session as the soft US NFP print (57K vs 110K) drove broad Dollar selling. Price tagged a week high near 1.3385 before drifting back to 1.3350, now hovering around EMA20 while holding well above EMA50. RSI(14) has cooled from overbought toward 55, and the 1.3410 100-day MA cluster caps the upside.
Support: 1.3337, 1.3300
Resistance: 1.3385, 1.3410
What it said to watch
BoE Bailey speech at 15:00 UTC is the key near-term catalyst and could shift this read
H1 close above 1.3385 opens the path to the 1.3410 100-day MA
Failure to hold 1.3337 confirms a lower low and threatens 1.3300
Cable has climbed since Monday's open near 1.3220, with the dominant leg coming in Thursday's NY session after the soft US NFP (57K vs 110K) knocked the dollar lower and lifted price to a 1.33846 week high. Pullbacks have found the EMA20 around 1.3352, and RSI(14) is cycling in the 55-65 band without pushing overbought. Price now consolidates just below the 100-day MA cap into 1.3410, with 1.3300 the prior demand shelf below.
Support: 1.3352, 1.3300, 1.32187
Resistance: 1.33846, 1.3410
What it said to watch
BoE Gov Bailey speech at 15:00 UTC today — main domestic catalyst that could shift this read
Close above 1.33846 opens the path to the 1.3410 ma cap
Loss of the EMA20 and a close below 1.3300 support would break the higher-low sequence
Cable has trended higher all week off Monday's ~1.3210 open, with the dominant impulse coming Thursday during NY hours as the soft US NFP print (57K vs 110K) sank the dollar and lifted price to a 1.33846 week high. Since then it has consolidated in the mid-1.3300s, holding above EMA(20) with RSI(14) easing back toward the mid-50s. The 1.33846 week high has capped attempts, with the 1.3410 100-day cluster the next barrier above.
Support: 1.3350, 1.3330, 1.3300
Resistance: 1.33846, 1.3410
What it said to watch
BoE Gov Bailey speech 15:00 UTC — sole domestic catalyst, could shift this read
H1 close above 1.33846 opens the path toward the 1.3410 cap
Loss of 1.3300 support would confirm the rally as corrective
Cable ripped from the 1.3212 low to a 1.33846 week high after Thursday's soft US NFP (57k vs 110k) knocked the Dollar — a Dollar story rather than fresh UK strength. Price has held above EMA(20) throughout the advance and is now consolidating in the upper 1.336s, with RSI(14) easing back from stretched levels as momentum cools. The 1.33846 week high has capped the latest push into the London session.
Support: 1.3346, 1.3337, 1.3308
Resistance: 1.33846, 1.3358
What it said to watch
Bailey speech 15:00 UTC could materially shift this read
H1 close above 1.33846 week high opens continuation of the week's advance
Loss of 1.3337 swing low signals a lower-low
08:01 UTC
Uptrend, grinding higher · RSI 63 · price 1.33706
Higher highs and higher lows since Monday.
Cable has trended higher all week off Monday's 1.3206 open, with the dominant leg coming during Thursday's NY session as the soft US NFP print (57k vs 110k) knocked the Dollar and drove a break to 1.3385. Price has since consolidated above the 1.3345 EMA(20), with pullbacks finding demand and RSI(14) holding in the 55-65 band. The 1.3385 week high remains the immediate cap.
Support: 1.3345, 1.3308, 1.32061
Resistance: 1.33846, 1.3400
What it said to watch
Bailey speech 15:00 UTC could materially shift this read before the July MPC
H1 close above 1.3385 opens the path toward the 1.3400 psych level
Failure to hold the 1.3345 EMA(20) exposes the 1.3308 swing low and would flag the week's advance as corrective
Higher highs and higher lows since Monday, consolidating under week high.
Cable has trended higher all week, extending from Monday's 1.3213 open to a 1.3384 week high after the June NFP miss dragged the Dollar lower into yesterday's NY session. Price now consolidates just under that high with RSI(14) holding the upper half of its range and pullbacks finding the rising EMA(20). The 1.3384 area has capped two attempts, keeping the tape range-bound at the top for now.
Support: 1.3335, 1.3300, 1.3213
Resistance: 1.3384, 1.3400
What it said to watch
H1 close above 1.3384 opens the path toward the 1.3400 round level
BoE Bailey speech 15:00 GMT is the key domestic catalyst and could shift this read
Failure to hold 1.3335 breaks the week's higher-low sequence
Cable has trended up since Monday's open, accelerating through Thursday's NY session as the soft US NFP print dragged the Dollar to a two-week low. Price is consolidating in the 1.3335–1.3385 band just under the week high, holding above the H1 EMA(20) with RSI(14) easing from the extremes reached on the impulse. The 1.33846 high has capped the last attempts while dips are finding demand near 1.3335.
Support: 1.3352, 1.33344, 1.3300
Resistance: 1.33846, 1.3400
What it said to watch
H1 close above 1.33846 opens the path toward 1.3400
Failure to hold 1.33344 confirms a lower-low and unwinds the consolidation
BoE Bailey speech 15:00 GMT today could materially shift this read
Higher highs and higher lows, pausing below week high.
Cable has trended higher since Monday's open, with the dominant leg driven by yesterday's soft US NFP print (57K vs 110K) that knocked the Dollar and pushed price to a week high at 1.33846. Since the NY session the pair has consolidated between the 1.33377 swing low and the 1.33772 session high, holding above EMA20 with RSI(14) cooling from stretched levels. The breakout base near 1.32725 and prior low at 1.33080 mark the structure supporting the advance.
Support: 1.33377, 1.3308, 1.32725
Resistance: 1.33772, 1.33846
What it said to watch
BoE Bailey speech at 15:00 UTC could materially shift this read
H1 close above 1.33846 opens continuation toward fresh week highs
Failure to hold 1.33377 threatens a lower-low and a corrective fade toward 1.33080
Higher highs and higher lows, consolidating under week high.
Cable has trended higher since Monday's open, accelerating through the NY session after the soft US NFP print (57K vs 110K) knocked the Dollar and lifted GBP/USD to 10-day highs near 1.3385. Price holds above the H1 EMA(20) and EMA(50) with RSI(14) cycling in the 55-65 band, and is now consolidating just under the 1.3377/1.3385 resistance shelf. Pullbacks have found demand at successive higher lows around the 1.3344 area.
Support: 1.3347, 1.33344, 1.3308
Resistance: 1.33772, 1.33846
What it said to watch
H1 close above 1.33846 opens the path back toward this-week's extension highs
Loss of 1.33344 prior-day low would mark the first lower-low and challenge the uptrend
BoE Gov Bailey speech 15:00 UTC (HIGH) could materially shift this read
05:01 UTC
Uptrend, momentum steady · RSI 61 · price 1.33661
Higher highs, consolidating below week high.
Cable has trended higher all week, with the standout leg coming as the soft US NFP miss knocked the Dollar during Thursday's NY session, lifting price to a 10-day high at 1.33846. Since then H1 has consolidated in a tight 1.3334–1.3366 band, holding above a rising EMor(20) around 1.3348 with RSI cycling in the upper half. The week high at 1.33846 has capped the move so far, keeping price beneath the stacked longer-run averages flagged in the macro read.
Support: 1.3348, 1.33344, 1.3308
Resistance: 1.33846
What it said to watch
BoE Gov Bailey speech at 15:00 UTC could materially shift this read
H1 close above 1.33846 opens continuation toward fresh highs
Failure to hold 1.33344 exposes the 1.3308 prior low
05:01 UTC
Uptrend, momentum slowing near week high · RSI 62 · price 1.33661
Series of higher highs and higher lows since Monday.
Cable has trended higher since Monday's open, accelerating through yesterday's NY session as the soft US NFP print (57K vs 110K) knocked the Dollar and lifted GBP to a 10-day high at 1.33846. Pullbacks have found the H1 EMA20 (~1.3348) and price is now grinding sideways just below the week high with RSI(14) cycling in the low 60s. The hawkish BoE tilt underpins the bid, but the advance has stalled under the prior high.
Support: 1.3348, 1.3300, 1.3277
Resistance: 1.33846, 1.3400
What it said to watch
BoE Gov Bailey speech 15:00 UTC could materially shift this read
H1 close above 1.33846 reopens the path higher toward 1.3400
Failure to hold the EMA20 near 1.3348 confirms a corrective fade toward 1.3300
04:01 UTC
Uptrend, consolidating near highs · RSI 61 · price 1.33607
Higher highs and higher lows since Monday's open.
Cable has trended higher all week, with the dominant leg coming after yesterday's soft US NFP print knocked the dollar and drove price through 1.33 to a week high at 1.33846. Since then H1 has consolidated in a tight range near 1.336, holding above both EMA(20) and EMA(50) with RSI(14) easing back from overbought into the low-60s. Prior breakout at 1.328 and the 1.3334 retest zone have contained pullbacks.
Support: 1.3334, 1.3280, 1.32099
Resistance: 1.33846, 1.3400
What it said to watch
H1 close above 1.33846 opens the path toward 1.3400
Failure to hold the 1.3334 retest zone would break the rising support line
Bailey speech at 15:00 UTC today is tone-driven and could materially shift this read
Higher highs and higher lows, consolidating below week high.
Cable has trended higher all week from Monday's 1.3199 open, accelerating into the NY session Thursday after the soft US NFP print (57K vs 110K) drove a leg to the 1.33846 week high. Price is now consolidating in a tight band above EMA(20) near 1.3350, with RSI(14) cycling in the mid-50s — momentum cooling but structure intact. The 1.33660 session high caps the immediate topside while pullbacks have held above 1.3334.
Support: 1.3350, 1.33344, 1.3300
Resistance: 1.3366, 1.33846
What it said to watch
BoE Bailey speech at 15:00 UTC today could materially shift this read
H1 close above 1.33846 extends the week-high breakout
Loss of 1.33344 pullback low breaks the higher-low sequence
03:01 UTC
Uptrend, consolidating near highs · RSI 61 · price 1.3356
Higher highs and higher lows, stalling under week high.
Cable has trended higher since Monday's open, with the dominant leg coming Thursday as a soft US NFP print (57K vs 110K) knocked the dollar and drove GBP/USD to a week high at 1.3385. Price is now consolidating in the 1.3337–1.3385 band, holding above EMA20 and EMA50 with RSI(14) cycling in the low 60s. Pullbacks this week have found demand near the rising higher-lows line.
Support: 1.3337, 1.3300
Resistance: 1.3385
What it said to watch
H1 close above 1.3385 opens continuation of the week's trend
Failure to hold 1.3337 exposes the 1.3300 psych/ema50 zone
Bailey speech (15:00 UTC today) could materially shift this read
Higher highs and higher lows, consolidating below week high.
Cable has trended higher since Monday's open near 1.3203, with the dominant leg coming in the NY session yesterday when a soft US NFP print (57K vs 110K) drove broad USD selling and pushed price to a ten-day high at 1.3385. Since then price has stalled into a tight consolidation around 1.3356, holding well above EMA(20) and EMA(50) with RSI(14) cycling in the low 60s on pullbacks. The 1.3363/1.3385 zone caps the top for now while the rising sequence of higher lows stays intact.
Support: 1.3340, 1.3300, 1.3277
Resistance: 1.3363, 1.3385
What it said to watch
BoE Bailey speech at 15:00 UTC today is tone-driven and could materially shift this read
An hourly close above 1.3385 extends the breakout beyond the week high
Failure to hold 1.3340 threatens the higher-low structure and opens 1.3300
02:01 UTC
Uptrend, extended near highs · RSI 61 · price 1.3356
Higher highs and higher lows, consolidating below week high.
GBPUSD has trended higher all week from Monday's 1.3200 open, with the dominant leg coming Thursday into Friday as the dollar sagged on the big NFP miss (57K vs 110K) and hawkish-BoE pricing kept Sterling bid. Price stalled at the 1.3384 week high and is consolidating in the 1.3337–1.3363 band, holding above EMA20 and EMA50 with RSI(14) cycling in the 55–65 zone. Pullbacks this week have been shallow and continue to find demand above the rising trendline.
Support: 1.3337, 1.3308, 1.3272
Resistance: 1.3363, 1.3384
What it said to watch
H1 close above 1.3384 extends the week high and opens fresh upside
Failure to hold 1.3337 swing low signals a lower low and stalling momentum
Bailey speech (15:00 GMT) is a tone-driven risk that could shift this read
US ISM Services / FOMC minutes ahead could re-price the dollar leg
GBP/USD trended higher all week and accelerated into Thursday's NY session as the dollar sagged on the soft NFP print (57K vs 110K), tagging a 1.3385 week high. Price now holds above EMA(20) with RSI cycling in the 55-65 band, consolidating just under that high. The 1.3300 psych zone, aligned with the 50/200-DMA band, marks the base of this week's advance.
Support: 1.3340, 1.3308, 1.3300
Resistance: 1.3385
What it said to watch
H1 close above 1.3385 opens continuation of the week's advance
Failure to hold 1.3300 breaks the week's rising structure
Bailey speech 15:00 GMT today could materially shift this read
GBPUSD has trended higher all week from Monday's ~1.3200 open, with the dominant leg driven into the NY session by a soft US NFP print (57K vs 110K) and a hawkish BoE backdrop. Price cleared the 1.3300 area that had capped it and printed a week high at 1.3385 before drifting into a tight overnight consolidation around 1.3347. Pullbacks have held above the 1.3340 shelf and RSI(14) is cycling in the mid-50s.
Support: 1.3340, 1.3308, 1.3300
Resistance: 1.3385
What it said to watch
Bailey speech 15:00 GMT today could shift the GBP read either way
US ISM Services Monday is the next USD catalyst for this pair
H1 close back below 1.3340 exposes the 1.3308 swing low
Reclaim of 1.3385 reopens the path above the week high
GBPUSD ran from Monday's 1.3196 base to a week high near 1.3385 as the dollar underperformed into the soft NFP print (57K vs 110K), extending the week-long Sterling outperformance. Since that spike price has coiled between 1.3337 and 1.3385, holding above EMA20 with RSI(14) cycling in the mid-50s to low-60s. The bounce still sits under the falling 50/200-DMA band flagged around 1.3300-1.3340 on higher timeframes.
Support: 1.33377, 1.3308, 1.32969
Resistance: 1.33846
What it said to watch
Hourly close above 1.3385 opens continuation toward this week's extension
Failure to hold 1.3308 breaks the rising higher-low structure
Bailey speech (15:00 GMT) and Mon ISM Services are tone-driven risks to this read
GBPUSD climbed steadily from Monday's 1.3198 open, with the sharpest leg during the NY session yesterday as the dollar sold off on the big NFP miss, tagging a week high at 1.33846. Price has since stalled and is consolidating just above EMA(20) near 1.3340, RSI(14) cooling back toward the mid-50s after the rally. Support at 1.3337 has held the early pullback while the week high remains the ceiling in focus.
Support: 1.3337, 1.3308, 1.3300
Resistance: 1.33846, 1.33756
What it said to watch
BoE Bailey speech today 15:00 UTC (HIGH, no forecast) could materially shift this read
H1 close above 1.33846 extends the week's uptrend toward late-June highs
Loss of 1.3337 opens the path back to the 1.3308 swing low
ISM Services Monday and FOMC minutes Wed are the next dollar catalysts
Higher highs and higher lows, consolidating below week high.
GBPUSD has trended higher since Monday's open near 1.3198, with the dominant leg coming after yesterday's US NFP miss (57K vs 110K) and the week's hawkish-hold BoE tone underpinning Sterling. Price tagged a week high at 1.33846 in the NY session before easing into a tight consolidation around 1.3340, holding well above EMA20. RSI(14) has cooled off overbought into the low-60s as the range settles.
Support: 1.3308, 1.3300
Resistance: 1.33846, 1.3400
What it said to watch
BoE Gov Bailey speech Fri 15:00 UTC could materially shift this read
H1 close above 1.33846 opens the path toward 1.3400
Failure to hold 1.3308 would confirm a lower-low and break the rising-low sequence