GBP/USD AI Live Scan, daily chart, Monday, 6 July 2026
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.
21:02 UTC
Multi-month downtrend, bouncing off June lows · RSI 57 · price 1.33517
Lower highs from April, base built mid-June, corrective recovery.
GBPUSD carved a lower-high sequence from the late-April 1.3660 peak into the mid-June 1.3140 low, and is now retracing that leg after Sterling's best week in three months — a US NFP miss (57K vs 110K) fed the recovery. Price has reclaimed EMA20 but is stalling near 1.3340 below the falling EMA50 and the 100/200-day MAs, with the 1.3410 barrier capping the bounce. The advance sits around the 38.2% retracement of the April-June decline.
Support: 1.3300, 1.3265, 1.3140
Resistance: 1.3410, 1.3660
What it said to watch
Daily close above 1.3410 opens the path toward the downtrend line
Failure to hold the 1.3300 round level reopens the 1.3140 June low
FOMC minutes Wed and BoE Mann Tue could materially shift this read
21:02 UTC
Downtrend, recovering off June low · RSI 57 · price 1.33517
Higher lows since mid-June, capped below EMA50.
The pair sold off from the April 1.3660 high into the mid-June 1.3140 low, then carved a rounding base and has recovered to 1.3350 over the past two weeks, aided by last week's US NFP miss lifting Sterling broadly. Price sits back above EMA20 but remains pinned below EMA50 and the 100/200-day MAs, keeping the recovery corrective for now. A chain of higher lows since June is intact while 1.3300 holds.
Support: 1.3300, 1.3265, 1.3140
Resistance: 1.3410, 1.3510
What it said to watch
D1 close above the 1.3410 barrier opens the path toward the 1.3510 prior high
Failure to hold the 1.3300 psych level, then the 1.3265 pivot, exposes the 1.3140 june low
BoE Mann speech (Tue) and FOMC minutes (Wed) could materially shift this read