Every read JAFX AI made on the GBP/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:02 UTC
Uptrend, momentum easing near cap · RSI 59 · price 1.33488
Higher highs and higher lows off mid-window low.
Cable has clawed back from the 1.3140 low to a 1.3385 swing high, a USD-led recovery after the soft US NFP print (57K vs 110K) hammered the dollar. Price sits at 1.3349, holding above EMA20 and EMA50 with the 100-dma cap near 1.3410 stalling the advance. ATR has cooled from the sharp rally bars, and price is consolidating just under the swing high.
Support: 1.3337, 1.3300, 1.3280
Resistance: 1.33846, 1.3410
What it said to watch
- H4 close above 1.3410 opens the path toward the prior 1.345 swing high
- Slip back below 1.3325 signals an overbought pullback toward 1.3300 psych then 1.3280
- US ISM Services and FOMC minutes this week could materially shift the USD-led read
21:02 UTC
Recovery, momentum slowing near cap · RSI 61 · price 1.33488
Higher lows off the 1.3141 base.
Cable has carved a higher-low sequence off the 1.3141 range low and pushed back to two-week highs, a USD story driven by the soft June NFP miss rather than fresh sterling strength. Price broke above the mid-1.32s consolidation and is now stalling under the 1.3385 week high, with the 1.3410 barrier and 100-DMA cap overhead. Both EMAs sit below price but the rally looks stretched as it approaches resistance.
Support: 1.3325, 1.3265, 1.3141
Resistance: 1.3385, 1.3410
What it said to watch
- H4 close above 1.3410 opens the path toward the 100-DMA cap
- Slip back below 1.3325 exposes an overbought pullback toward 1.3265
- ISM Services and FOMC minutes this week could reprice the USD leg driving this move