Every read JAFX AI made on the GBP/USD weekly chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
19:02 UTC
Range-bound, momentum flat · RSI 50 · price 1.33458
Broad range, price in lower half.
The strong H1-2025 rally off 1.2100 stalled near the 1.3869 cycle high, and price has been range-bound roughly between 1.3040 and 1.3870 since mid-2025, now sitting in the lower half of that range. EMA(50) sits just overhead and price holds below it, leaving the macro trend flat. The latest weekly bounce off the 1.3140 swing low is a soft-USD story after the weak 57K NFP print, not domestic strength.
Support: 1.3140, 1.3040, 1.3000
Resistance: 1.3460, 1.3869
What it said to watch
- Weekly close below 1.3040 range floor opens the 1.3000 psych level
- Reclaim of 1.3460 swing high needed to re-engage the upper range toward the prior high
- FOMC minutes and ISM Services could materially shift the USD leg of this read
19:02 UTC
Uptrend matured into range · RSI 51 · price 1.33458
Range-bound below 2026 high.
Cable ran from the 1.21 base in early 2025 to a 1.3885 peak in Q1 2026, and has since gone range-bound between roughly 1.3100 and 1.3770 with price now mid-range near 1.3346. The latest weekly candle firmed on a soft-USD story after the 57K NFP miss reset hawkish-Fed pricing, but the move sits inside the established range rather than breaking it. W1 EMA(50) is flattening around the mid-1.34s and price trades just beneath it — macro trend has lost the earlier upward tilt.
Support: 1.3265, 1.3100
Resistance: 1.3770, 1.3885
What it said to watch
- Weekly close above 1.3770 would reopen the 1.3885 macro high
- Loss of 1.3265 exposes the 1.3100 range low
- US ISM Services and FOMC minutes next week could shift the USD-driven read