False break of 1.3200 floor, compressing on rising lows below NY high.
The yield-driven USD bid took GBPUSD through the 1.3200 range floor to a 1.3193 day low in the London-NY transition. The break failed, and price has since compressed between 1.3205 and 1.3224 on rising lows. The ny high is capping near the 38.2% retrace of the day decline, and the early Asia session is drifting at 1.3218 with RSI(14) near 60.
Support: 1.3209, 1.3200, 1.3193
Resistance: 1.3224, 1.3231
What it said to watch
M15 close above the 1.3224 ny high opens the 50% retrace of the day decline at 1.3231
Break of the rollover low at 1.3209 breaks the rising lows line and puts the 1.3200 range floor back in play
Acceptance below the 1.3193 day low turns the false break into a fresh lower-low
Fed's Waller (08:30 UTC) and BoE's Greene (09:15 UTC) at London open could materially shift this read
London sold through yesterday's Asian range from 1.3268 to a 1.3194 day low as US yields spiked after the 5.30% 10y auction. The 1.3200 floor held on three tests, and price has since printed higher lows inside 1.3205–1.3224, with rejection at the NY high near the 38.2% retrace. Thin early Asia is drifting at 1.3216, just under the 1.3218 asia high.
Support: 1.3209, 1.3205, 1.3194
Resistance: 1.3218, 1.3224, 1.3242
What it said to watch
M15 close above the 1.3224 ny high clears the 38.2% retrace and puts yesterday's 1.3242 asian low overhead
Break of the 1.3209 rollover low and the higher-lows trendline brings the 1.3205 ny swing low back in play
Loss of the 1.3194 day low breaks the 1.3200 floor; 1.3180 is the next reference
Waller (08:30 UTC), BoE's Greene (09:15 UTC), US jobless claims (12:30 UTC) and Lombardelli (13:00 UTC) could materially shift this read
Failed break of 1.3200, NY rebound capped, Asia compressing on rising lows.
London extended the slide from 1.3270 to a 1.3193 day low as US yields surged, but the break of the 1.3200 range floor failed and NY recovered to the 1.3224 NY high, just under the 38.2% fib. Early Asia session is holding rising lows above the 1.3209 rollover low, with price compressed between 1.3209 and 1.3224 and ATR(14) near 3 pips.
Support: 1.3209, 1.3200, 1.3193
Resistance: 1.3224, 1.3254
What it said to watch
M15 close above the 1.3224 NY high and 38.2% fib opens the path to the 1.3254 prior pivot
Loss of the 1.3209 rollover low and the rising lows line returns focus to the 1.3200 range floor
A break of the 1.3193 day low invalidates the false break read
Fed's Waller at 08:30 UTC and BoE's Greene at 09:15 UTC are the next catalysts that could shift this read
Failed break of 1.3200, higher lows since NY, tight Asia consolidation.
London broke below the asian low at 1.3242 and NY extended the move to a 1.3193 session low as US yields surged on the 10y auction. That briefly broke the 1.3200 floor, but the break failed with a double bottom at 1.3193–1.3194. Price has since printed higher lows along the rebound trendline, with the fib 61.8 at 1.3205 and the 1.3209 rollover low holding. Early Asia session is compressing at 1.3216 just under the 1.3224 ny high, with ATR near 3 pips.
Support: 1.3209, 1.3205, 1.3193
Resistance: 1.3224, 1.3230, 1.3242
What it said to watch
M15 close above the 1.3224 ny high opens the 1.3230 london low, then the 1.3242 asian low
Loss of the 1.3209 rollover low and rebound trendline exposes the fib 61.8 at 1.3205
Return below the 1.3193 session low turns the false break into a confirmed range break toward 1.3180
Fed's Waller (08:30 UTC) and BoE's Greene (09:15 UTC) around London open could materially shift this read
False break of 1.3200 floor, lower highs into tight late range.
The yield-driven USD bid pushed GBP/USD from 1.3272 through the Asian low at 1.3242 during London. Price briefly broke the 1.3200 range floor to a 1.3193 day low in NY hours, where demand stepped in three times, but the rebound stalled at the 1.3224 NY high, the 38.2% retrace of the day drop. Since then price has compressed between the 1.3209 late low and a 1.3221 lower high into early Asia, with ATR down to ~4 pips.
Support: 1.3209, 1.3200, 1.3193
Resistance: 1.3221, 1.3224, 1.3242
What it said to watch
M15 close below the 1.3209 late low exposes the 1.3200 range floor and the 1.3193 day low again
Close above the 1.3224 NY high breaks the lower-high sequence and the 38.2% cap, with the 1.3242 Asian low next
BoE's Greene at 09:15 GMT, Fed's Waller at 08:30 UTC and US jobless claims at 12:30 UTC could materially shift this read
22:32 UTC
Recovering within a range after London selloff · RSI 56 · price 1.32176
Higher lows off 1.3193 triple low; capped at 1.3224 range top.
The London session sold off from the 1.3254 London high to a 1.3193 triple low as US yields hit 24-year highs. NY rebuilt a 1.3205–1.3224 range that held through the FOMC Minutes. Early Asia is lifting off the 1.3209 NY close low toward the range top, sitting near the 38.2% level of the London leg fib with RSI(14) at 56.
Support: 1.3209, 1.3205, 1.3193
Resistance: 1.3224, 1.3254
What it said to watch
M15 close above the 1.3224 range top (50% of the London leg fib) opens the 1.3254 London high
Break of the rising lows trendline and the 1.3205 range low exposes the 1.3193 triple low, then 1.3180
Fed's Waller (08:30 UTC) and BoE's Greene (09:15 UTC) on Thursday could reset the range
22:17 UTC
Downtrend paused, ranging after day low · RSI 51 · price 1.32144
Lower highs from 1.3274 into a 1.3193 low, now a 1.3205–1.3224 range.
London extended the Asian slide through the 1.3242 Asian low to a 1.3193 day low as US yields printed 24-year highs. The dip under 1.3200 was reclaimed in NY and price has since held a 1.3205–1.3224 range, with the NY high capping at the 38.2% retrace. The new Asia session is opening quietly just above the 1.3209 late low, RSI(14) flat near 51.
Support: 1.3209, 1.3205, 1.3193
Resistance: 1.3224, 1.3242
What it said to watch
M15 close below the 1.3205 swing low reopens the 1.3193 day low and the 1.3200 floor
Break above the 1.3224 NY high (38.2% retrace) exposes the 1.3242 Asian low
Fed's Waller (08:30 UTC), BoE Greene (09:15 UTC) and US jobless claims (12:30 UTC) Thursday could shift this read
22:02 UTC
Intraday downtrend paused, ranging after NY rebound · RSI 42 · price 1.32124
Tight range 1.3209–1.3222 under lower highs, above 1.3193 double bottom.
London broke below the Asian low at 1.3242, and selling ran through the 1.3230 london break level to a 1.3193 session low as 24-year-high US yields lifted the dollar. NY formed a double bottom there and rebounded to 1.3224, the 38.2% fib of the day's drop. Since the FOMC minutes, lower highs have capped the range top at 1.3222 over a 1.3209 range low into the quiet post-NY hours. RSI(14) sits near 42 and ATR is under 4 pips.
Support: 1.3209, 1.3205, 1.3193
Resistance: 1.3222, 1.3230, 1.3242
What it said to watch
M15 close above the 1.3222 range top and 38.2% fib reopens the 1.3230 london break level, then the 1.3242 asian low
Loss of the 1.3209 range low and the 1.3205 swing low exposes the 1.3193 session low; a break there would confirm a lower low below the 1.3200 area
Fed's Waller (08:30 UTC), BoE Greene (09:15 GMT) and US jobless claims (12:30 UTC) Thursday could materially shift this read
21:46 UTC
Downtrend paused, sideways since NY open · RSI 43 · price 1.32102
Post-decline range 1.3205–1.3222 above a 1.3193 day low.
London broke below the Asian low at 1.3242 and extended to a 1.3193 day low by midday as US yields climbed, where a double bottom held. Since then price has ranged between the 1.3205 NY swing low and the 1.3222 range top, which sits on the 38.2% fib of the daily decline. The FOMC minutes drew only a brief dip as yields faded, and price is drifting near 1.3210 in thin early Asia trade.
Support: 1.3205, 1.3193, 1.3180
Resistance: 1.3222, 1.3242
What it said to watch
M15 close below the 1.3205 NY swing low reopens the 1.3193 day low and the 1.3180 range floor
Close above the 1.3222 range top and 38.2% fib exposes the 1.3242 Asian low
Fed's Waller (08:30 UTC), BoE Greene (09:15 UTC) and US jobless claims (12:30 UTC) Thursday could break the range
21:31 UTC
Downtrend paused, sideways since early NY · RSI 41 · price 1.32095
1.3205–1.3224 range below 38.2% retrace of the day's drop.
Asia sold from 1.3275 to an Asian low at 1.3242. The London open broke below it and the slide ran to a 1.3193 day low, which held on three tests during London and early NY. Since then GBPUSD has held a 1.3205–1.3224 range just under the 38.2% retrace, and the FOMC minutes spike was rejected at the 1.3221 fomc high; price is drifting toward the range low in thin post-NY trade, below both EMAs, RSI(14) ~41.
Support: 1.3205, 1.3193
Resistance: 1.3221, 1.3242
What it said to watch
M15 close below the 1.3205 range low exposes the 1.3193 day low and the 1.3200 round number
Close above the 1.3221 fomc high and the 1.3224 38.2% cap opens a retest of the 1.3242 asian low
Fed's Waller 08:30 UTC, BoE Greene 09:15 UTC and US jobless claims 12:30 UTC could break the range
London broke the asian low at 1.3242 and the slide ran to a 1.3193 session low, briefly below 1.3200 as record US yields lifted the dollar. The NY rebound stalled at the 1.3222 range high, near the fib 38.2% of the drop. Hawkish FOMC minutes produced no break, and price is drifting in the lower half of the 1.3205–1.3222 range into the Asia session with RSI(14) near 41.
Support: 1.32046, 1.31933
Resistance: 1.32237, 1.32418
What it said to watch
M15 close below the 1.3205 range low exposes the 1.3193 session low and the 1.3180 floor
Close above the 1.3222 range high clears the fib 38.2% cap and opens the 1.3242 asian low
Fed's Waller (08:30 UTC), BoE Greene (09:15 GMT) and US Jobless Claims (12:30 UTC) Thursday could materially shift this read
Double bottom at 1.3193 lifted price into a 1.3208–1.3222 range.
London broke the Asian low at 1.3242 and sold to a 1.3193 day low as US yields hit 24-year highs. A double bottom there lifted price to 1.3224, just under the 38.2% fib of the London drop. The FOMC minutes drew little follow-through, and price has held a tight 1.3208–1.3222 range into the late NY session, sitting mid-range with RSI(14) near 52.
Support: 1.3208, 1.3193
Resistance: 1.3222, 1.3242
What it said to watch
M15 close above 1.3222 range top (38.2% fib) opens the asian low at 1.3242
Failure to hold 1.3208 range low exposes the 1.3193 day low and the 1.3180–1.3200 floor
Fed's Waller (08:30 UTC) and BoE Greene (09:15 GMT) around London open could break the range
20:47 UTC
Intraday downtrend, stalled into a range · RSI 47 · price 1.32099
Double bottom at 1.3193, capped in a 1.3205–1.3222 range.
London broke the Asian low at 1.3242 as US yields at 24-year highs lifted the dollar, extending to a 1.3193 session low that held twice into NY hours as a double bottom. The rebound stalled at the 1.3222 range top, near the 38.2% retrace of the drop, and the FOMC minutes left price drifting toward the 1.3205 range low into the NY close.
Support: 1.3205, 1.3193
Resistance: 1.3222, 1.3242
What it said to watch
M15 close below the 1.3205 range low exposes the 1.3193 session low and the 1.3180 floor
Close above the 1.3222 range top and 38.2% retrace opens the 1.3242 asian low
Fed's Waller (08:30 UTC) and BoE Greene (09:15 GMT) could break the range
20:32 UTC
Flat after London selloff, range compressing · RSI 49 · price 1.32124
Lower highs vs higher lows inside 1.3205–1.3222 since the 15:00 UTC rebound high.
London broke the 1.3242 Asian low as US yields hit 24-year highs. The selloff found a double bottom at 1.3193, and the rebound stalled at the 1.3222 50% retrace. Since then price has coiled between the 1.3205 range low and 1.3222 in late NY, the FOMC minutes spike to 1.3221 faded, and RSI(14) sits neutral near 49.
Support: 1.3205, 1.3193
Resistance: 1.3222, 1.3242
What it said to watch
M15 close above the 1.3222 50% retrace and the lower-highs line opens a return to the 1.3242 Asian low
Break of the 1.3205 range low and the higher-lows line exposes the 1.3193 double bottom
Thin Asia session ahead; Fed's Waller (08:30 UTC) and US jobless claims (12:30 UTC) are the next catalysts for the range
20:16 UTC
Post-FOMC drift, lower highs inside NY range · RSI 48 · price 1.32109
London sell-off to 1.3193 double bottom, NY rebound capped at 1.3224, now compressing 1.3205–1.3222.
London broke below the 1.3245 Asian low and slid to a 1.3193 session low as US yields hit 24-year highs. That low held twice early in NY for a double bottom and a rebound to 1.3224. After the FOMC minutes, highs stalled near the 1.3222 range top on a lower-highs trendline. Late NY price sits at 1.3211 near the 50% fib, with RSI(14) flat at 48 and ATR around 5–6 pips.
Support: 1.3205, 1.3193, 1.3180
Resistance: 1.3222, 1.3245
What it said to watch
M15 close below the 1.3205 swing low (61.8% fib) exposes the 1.3193 session low; a break there voids the double bottom and brings the 1.3180 range floor into play
Close above the 1.3222 range top clears the lower-highs trendline and opens the 1.3245 Asian low
Post-minutes yield reversal: if US yields keep slipping through the Asia session, the 1.3222 range top is the first test
BoE Greene Thu 09:15 GMT could shift GBP tone into London open
Asian range broken lower; post-NY consolidation, higher lows under flat 1.3221 cap.
Cable lost the 1.3242 Asian low at London open and slid to 1.3193 in the first hour of NY as US yields hit 24-year highs. The 1.3193 NY low held three times and the bounce stalled at the 50% retracement of the London selloff near 1.3224. Post-FOMC-minutes trade is compressing into higher lows under the 1.3221 range top, with price flat just below EMA20 and ATR down to about 5 pips.
Support: 1.3205, 1.3193
Resistance: 1.3221, 1.3242
What it said to watch
M15 close above the 1.3221 range top opens the path back to the 1.3242 Asian low
Break of the higher lows trendline and the 1.3205 swing low re-exposes the 1.3193 NY low
Waller (Thu 08:30 UTC) and US jobless claims (12:30 UTC) could materially shift this read
19:47 UTC
Downtrend paused, ranging off the low · RSI 46 · price 1.3211
London break of the Asian range bottomed at 1.3193; 1.3205–1.3224 range since early NY.
London broke below the asian low at 1.3242 on yield-driven USD demand and extended to a 1.3193 day low, which held twice during the NY open. Since then price has held a 1.3205–1.3224 range capped at the 50% fib of the London drop. The FOMC minutes spike stalled at the range top, and price is drifting toward mid-range late in the NY session with RSI(14) neutral at 46.
Support: 1.3205, 1.3193, 1.3180
Resistance: 1.3223, 1.3242
What it said to watch
M15 close below the 1.3205 range low reopens the 1.3193 day low and the 1.3180 range floor
M15 close above the 1.3223 range top / 50% fib exposes the 1.3242 asian low
FOMC minutes reaction still forming; a renewed US yield push could materially shift this read
Fed's Waller (Thu 08:30 UTC) and US jobless claims (Thu 12:30 UTC) are the next USD catalysts
Asian range broken lower; higher lows inside 1.3205–1.3224 consolidation.
London broke below the 1.3242 Asian low as the yields-driven USD bid lifted the dollar, and the slide stopped at a 1.3193 session low that held three tests into the NY session. The bounce stalled at the 1.3224 bounce high near the 50% fib. Since the FOMC minutes at 18:00 GMT, price has traded a narrow 1.3213–1.3221 band on rising lows.
Support: 1.3213, 1.3205, 1.3193
Resistance: 1.3224, 1.3242
What it said to watch
M15 close below the 1.3213 swing low breaks the rising lows line and exposes the 1.3205 higher low
Loss of the 1.3193 session low resumes the downtrend toward the 1.3180 range floor
Close above the 1.3224 bounce high and 50% fib opens the 1.3242 asian low
Delayed repricing of the FOMC minutes, or Waller on Thu 08:30 UTC, could shift this read
19:17 UTC
Downtrend paused, basing in NY · RSI 51 · price 1.32135
Higher lows under flat 1.3222 cap after triple-tested 1.3193 session low.
GBPUSD slid from 1.3279 through Asia and London into a 1.3193 session low early in NY as US yields hit 24-year highs. Three tests of 1.3193–1.3195 held, and price has since compressed between higher lows from 1.3205 and a flat ny cap at 1.3221–1.3224. The FOMC minutes at 18:00 UTC drew only a brief poke into that cap, and price now sits on ema20, the rising trendline and the 23.6% fib near 1.3214.
Support: 1.3209, 1.3193, 1.3180
Resistance: 1.3222, 1.3245
What it said to watch
M15 close below the rising trendline and 1.3209 higher lows exposes the 1.3193 session low and the 1.3180 range floor
M15 close above the 1.3222 ny cap and 38.2% fib (~1.3226) opens 1.3245 london high
FOMC minutes reaction still forming; a fresh leg in US yields could break the compression
Fed Waller Thu 08:30 UTC and BoE Greene Thu 09:15 UTC are the next scheduled catalysts
Double bottom at 1.3193 then a 1.3205–1.3224 consolidation with higher lows.
Yield-driven USD strength pushed GBPUSD through the asian low in early London and down to a 1.3193 day low, where a double bottom formed into NY. Since then price has consolidated between 1.3205 and 1.3224 on a rising trendline of higher lows. The FOMC minutes reaction stalled at 1.3221, under the session high and the 38.2% retrace of the day decline.
Support: 1.3205, 1.3193, 1.3180
Resistance: 1.3224, 1.3242
What it said to watch
M15 close above the 1.3224 session high and 38.2% retrace opens the 1.3242 asian low
Loss of the 1.3205 range low and rising trendline exposes the 1.3193 day low and the 1.3180 range floor
Delayed FOMC minutes repricing, Fed's Waller (Thu 08:30 UTC) and BoE Greene (Thu 09:15 UTC) could materially shift this read
18:47 UTC
Downtrend paused, higher lows since NY open · RSI 59 · price 1.32179
Post-London selloff base; NY consolidation 1.3205–1.3224 with rising lows.
London broke below the Asian low near 1.3245. US yields at 24-year highs then pushed GBP/USD to a 1.3193 double bottom around the NY open. Late NY has built rising lows between the 1.3205 ny low and the 1.3224 ny high, where the 50% retrace of the London leg capped the bounce. The FOMC minutes bar drew under 9 pips of range, and price sits just above ema20 and just under ema50.
Support: 1.3205, 1.3193
Resistance: 1.3224, 1.3245
What it said to watch
M15 close below the 1.3205 ny low breaks the rising lows line and puts the 1.3193 double bottom back in focus
Close above the 1.3224 ny high clears the 50% fib and exposes the 1.3245 asian low
Delayed FOMC minutes repricing, or Waller Thu 08:30 UTC, could materially shift this read
London selloff, NY double bottom, 1.3205–1.3224 compression.
London broke the asian low at 1.3242 and slid 61 pips to a 1.3193 day low as US yields at 24-year highs lifted the dollar. A double bottom at 1.3193/1.3194 held, and the NY rebound stalled at the 1.3224 ny high, the 50% retrace of the London selloff fib. Lower highs and a rising higher low now pin price in a 1.3205–1.3224 pennant; the first FOMC minutes bar spiked to 1.3221 and faded, and ATR(14) is about 7 pips.
Support: 1.3205, 1.3193, 1.3180
Resistance: 1.3224, 1.3242
What it said to watch
M15 close above the 1.3224 ny high breaks the lower-highs line and opens the 1.3242 asian low
Loss of the 1.3205 higher low breaks the rising lows and exposes the 1.3193 day low
Break of the 1.3193 day low voids the double bottom and puts the 1.3180 range floor in play
FOMC minutes reaction is still forming after 18:00 UTC and could materially shift this read; Waller speaks Thu 08:30 UTC
18:16 UTC
Downtrend paused, higher lows since NY low · RSI 52 · price 1.32166
NY base at 1.3193, rising lows into a 1.3205–1.3224 band.
London unwound the Asian range low at 1.3242 and sold off to a 1.3193 session low as US yields lifted the dollar. NY held that low twice and has built rising lows off the 1.3205 pullback low. The first FOMC minutes bar is contained under the 1.3224 NY high, with price sitting on the 38.2% retrace of the London selloff.
Support: 1.32046, 1.31933, 1.3180
Resistance: 1.32237, 1.32418
What it said to watch
M15 close above the 1.3224 NY high (50% retrace) opens the 1.3242 Asian low
Break of the rising lows and the 1.3205 pullback low returns focus to the 1.3193 session low
Loss of 1.3193 exposes the 1.3180 range floor
FOMC minutes reaction is still forming; a hawkish read could quickly break the band
Double bottom at 1.3193, higher low at 1.3205, compressing under 1.3224.
London broke the Asian low at 1.3242 and ran to a 1.3193 session low as the USD firmed on 24-year-high yields. A double bottom there and a higher low at 1.3205 have price compressing in late NY, just under the 1.3224 bounce high (50% of the London leg fib), with FOMC Minutes releasing now.
Support: 1.3205, 1.3193, 1.3180
Resistance: 1.3224, 1.3242
What it said to watch
FOMC Minutes at 18:00 UTC land on the current bar and could materially shift this read
M15 close above the 1.3224 bounce high opens the path back to the 1.3242 Asian low
Loss of the 1.3205 higher low breaks the rising trendline and returns focus to the 1.3193 session low
A break below 1.3193 exposes the 1.3180 range floor
London lower-low leg into a 1.3193 double bottom; NY rebound capped at the 50% fib, tight 1.3205–1.3224 range.
London broke below the asian low at 1.3241 as higher US yields and $100+ Brent lifted USD, and selling stalled at a 1.3193 double bottom, the session low, during the London-NY transition. The NY rebound stopped at the 50% fib of the drop near 1.3224. Price is now compressing between the 1.3205 range low and 1.3224 into the FOMC Minutes, with RSI(14) flat near 50 and ATR around 8 pips.
Support: 1.3205, 1.3193
Resistance: 1.3224, 1.3241
What it said to watch
FOMC Minutes at 18:00 UTC, about 15 min out, could materially shift this read from inside a tight range
M15 close below the 1.3205 range low exposes the 1.3193 session low; a break there negates the double bottom and resumes the lower-low sequence
M15 close above the 1.3224 50% fib opens the 1.3241 asian low, now overhead resistance
London lower-high sequence; higher lows off 1.3193 base, capped at 50% fib.
London broke the Asian low at 1.3242 and ran to a 1.3193 day low as yields and $100+ Brent lifted USD. Three tests of that low produced a bounce that stalled at the 50% fib near 1.3224 (bounce high). After London close, price is compressing on rising lows between the 1.3205 swing low and the 1.3224 bounce high, with RSI(14) near 53 and ATR around 9 pips.
Support: 1.3205, 1.3193, 1.3180
Resistance: 1.3224, 1.3242
What it said to watch
FOMC Minutes at 18:00 UTC (~30 min) could materially shift this read
M15 close above the 1.3224 bounce high clears the 50% fib and puts the 1.3242 Asian low in play
Loss of the 1.3205 swing low breaks the rising lows and exposes the 1.3193 day low, then the 1.3180 range floor
Triple low at 1.3193, lower high at 1.3221 under the 1.3224 bounce high, compressing.
London broke the asian low at 1.3242 and extended the slide as 24-year-high US yields and $100+ Brent lifted the USD, before a triple low formed at 1.3193 in the first hours of NY. The bounce stalled at the 50% retrace of the London sell-off, at the 1.3224 bounce high. Price is now compressing between that level and the 1.3205 swing low on a rising trendline ahead of the FOMC Minutes.
Support: 1.32046, 1.31933
Resistance: 1.32237, 1.32418
What it said to watch
FOMC Minutes at 18:00 GMT (~45 min) could materially shift this read
M15 close above the 1.3224 bounce high clears the 50% retrace and opens the 1.3242 asian low
Loss of the 1.3205 swing low and rising trendline exposes the 1.3193 triple low; a break there resumes the London downtrend
17:01 UTC
Intraday downtrend, basing after NY bounce · RSI 54 · price 1.32107
Double bottom at 1.3193, lower highs vs higher lows compressing below 1.3224.
London sold GBP/USD from 1.3254 to a 1.3193 session low as US yields and $100+ Brent lifted the USD. NY carved a double bottom there and bounced to the 1.3224 NY high, the 50% retrace of the London leg. After London close the pair is compressing between the 1.3205 higher low and 1.3224, with RSI(14) neutral near 54.
Support: 1.3205, 1.3193, 1.3180
Resistance: 1.3224, 1.3242
What it said to watch
FOMC Minutes at 18:00 UTC (~1h) could materially shift this read
An M15 close above the 1.3224 NY high clears the London leg 50% retrace and puts the 1.3242 Asian low in play
A break of the 1.3205 higher low and the rising lows line returns focus to the 1.3193 session low, then the 1.3180 range floor
London leg lower to 1.3193, then a lower high at 1.3224 in NY; holding 1.3205 on rising lows.
London broke the 1.3242 Asian low and extended the USD-led slide, driven by 5.35% 10y yields and Brent above $100, to a 1.3193 session low that held twice in early NY. The bounce stalled at the 1.3224 bounce high, a lower high, and price is now holding the 1.3205 pullback low on rising lows, just under EMA20 with RSI(14) near 51.
Support: 1.3205, 1.3193, 1.3180
Resistance: 1.3224, 1.3242
What it said to watch
M15 close below the 1.3205 pullback low and rising lows reopens the 1.3193 session low
Close above the 1.3224 bounce high and the 38.2% fib of the 24h decline (1.3227) breaks the lower-high sequence and puts the 1.3242 Asian low in view
FOMC Minutes at 18:00 UTC (~75 min) could materially shift this read; a break of the 1.3180 range floor exposes 1.3140
London breakdown to 1.3193, triple-bottom rebound, higher lows under 1.3224.
London broke the Asian low at 1.3242 from the 1.3254 London high and slid to a 1.3193 NY low as USD firmed on yields and oil. A triple bottom there drove a rebound that stalled at the 50% retrace near 1.3224. Price is now coiling 1.3205–1.3224 on higher lows after London close, with RSI(14) neutral near 51.
Support: 1.3205, 1.3193, 1.3180
Resistance: 1.3224, 1.3242, 1.3254
What it said to watch
M15 close below the 1.3205 higher low breaks the higher-lows trendline and exposes the 1.3193 NY low, then the 1.3180 range floor
Close above the 1.3224 50% retrace opens a retest of the 1.3242 Asian low; the 1.3254 London high sits above it
FOMC Minutes at 18:00 UTC (~1.5h) could materially shift this read
16:16 UTC
Downtrend, NY bounce in progress · RSI 56 · price 1.32168
London lower-high selloff; higher lows building off the 1.3193 base.
London broke the Asian low at 1.3242 and sold off to a 1.3193 session low. That was a brief false break of 1.3200 on yield- and oil-driven USD demand. Through NY, a triple bottom at 1.3193 has produced higher lows, but the bounce stalled at the 1.3224 bounce high, the 50% retrace of the London selloff, and price sits on the 38.2% heading into the late NY session.
Support: 1.3205, 1.3193
Resistance: 1.3224, 1.3242
What it said to watch
M15 close below the 1.3205 higher low breaks the NY higher-lows line and reopens the 1.3193 session low
Close above the 1.3224 bounce high puts the 1.3242 Asian low back in play
FOMC Minutes at 18:00 UTC (under 2h) could materially shift this read
16:01 UTC
Downtrend, basing in NY session · RSI 54 · price 1.32103
Lower highs from London open; NY double bottom near 1.3193 with higher lows since.
London broke the Asian low at 1.3242 and the slide extended to a 1.3193 session low into the NY open, with USD bid on 5.35% US 10y yields. NY tested 1.3193 twice, and the bounce stalled at the 1.3224 swing high. Price is now holding the 1.3205 swing low on rising lows, just above the 1.3200 range floor.
Support: 1.32046, 1.31933
Resistance: 1.32237, 1.32418
What it said to watch
M15 close below the 1.3205 swing low breaks the rising lows and puts the 1.3193 session low back in play
Acceptance above the 1.3224 swing high opens a retest of the 1.3242 asian low, near the 61.8% of the NY bounce fib's parent move
FOMC Minutes at 18:00 UTC (~2h) could break the 1.3200/1.3180 range floor or squeeze price back toward the asian low
15:47 UTC
Downtrend, NY bounce stalling · RSI 42 · price 1.32075
Lower highs from London open; double bottom at 1.3193 day low, bounce capped at 1.3224.
London broke the Asian low at 1.3242 and sold down to the 1.3193 day low as USD tracked higher US yields ahead of the FOMC Minutes. The day low held twice during NY hours, but the bounce was rejected at the 1.3224 NY high. That high sits at the 50% retracement of the London selloff, and price is back near the 1.3200 psych level with RSI(14) around 42.
Support: 1.3200, 1.3193
Resistance: 1.3224, 1.3242
What it said to watch
M15 close below the 1.3193 day low voids the double bottom and resumes the downtrend
Reclaim of the 1.3224 NY high (London selloff 50%) opens the path to the 1.3242 Asian low
Holding the 1.3200 psych level keeps the NY double bottom intact
FOMC Minutes at 18:00 UTC could materially shift this read
Lower highs from 1.3275 into a 1.3193 base, NY bounce capped at 1.3224.
London extended the Asian slide through the 1.3242 asian low to a 1.3193 session low. Demand held repeated tests there before the NY session lifted price back above the 1.3200 round number. The bounce met rejection at the 1.3224 ny high and is retracing to the 50% of the ny bounce fib near 1.3208, just under ema20 at 1.3211, as USD stays bid on 24-year-high Treasury yields.
Support: 1.3205, 1.3200, 1.31933
Resistance: 1.3211, 1.32237, 1.32418
What it said to watch
M15 close below the 1.3205 pullback low and the 1.3200 round number puts the 1.3193 session low back in play
M15 close above the ema20 and 1.3224 ny high reopens the 1.3242 asian low
FOMC Minutes at 18:00 GMT (~2.5h) could break the 1.3193–1.3224 range either side
15:16 UTC
Downtrend, NY bounce in progress · RSI 52 · price 1.32156
London lower-high chain broke 1.3200; NY higher lows off a triple-tested session low.
London broke the Asian range low near 1.3242 and the 1.3200 round number as yield-backed USD demand built, and the drop held at a 1.3193 session low tested three times. NY reclaimed 1.3200 on a chain of higher lows. The bounce met rejection at the 1.3224 NY high, between the 50% and 61.8% of the London drop fib.
Support: 1.32064, 1.3200, 1.31933
Resistance: 1.32237, 1.32297, 1.32454
What it said to watch
M15 close back below the 1.3206 higher low breaks the NY higher lows line and puts the 1.3200 round number back in play
Loss of the 1.3193 session low resumes the London lower-low sequence
Close above the 1.3224 NY high and the 1.3230 london break level clears the 61.8% of the London drop fib and exposes the 1.3245 lower high
FOMC Minutes at 18:00 GMT, about 2h45m out, could materially shift this read
15:02 UTC
Intraday downtrend, NY bounce under way · RSI 50 · price 1.32186
London lower-low at 1.3193, NY higher lows back above 1.3200.
London extended the Asia-session slide through the 1.3242 Asian low and the 1.3200 round number, bottoming at the 1.3193 session low as the USD firmed on yields and oil. The NY session has printed a double bottom and a run of higher lows back above 1.3200, with price now pressing the 50% fib of the London leg near 1.3224 and RSI(14) neutral near 50.
Support: 1.3206, 1.3200, 1.3193
Resistance: 1.3224, 1.3242, 1.3254
What it said to watch
M15 close above the 50% fib at 1.3224 opens the 1.3242 Asian low; rejection there keeps the London downtrend intact
Loss of the 1.3206 higher low and the 1.3200 round number puts the 1.3193 session low back in play; a break below it confirms a lower-low
FOMC Minutes at 18:00 UTC could materially shift this read; the 1.3254 swing high marks the top of the London leg
Lower highs from London open; NY base at 1.3193-1.3194.
London broke the Asian low at 1.3242 and trended down to a session low of 1.3193, with USD firm on 10y yields above 5.30% and oil. NY has tested 1.3194 twice and bounced to an NY high of 1.3215, just under the 38.2% fib, while price oscillates around the 1.3200 round number.
Support: 1.3200, 1.31933
Resistance: 1.32146, 1.32418
What it said to watch
M15 close above the 1.3215 NY high completes the double bottom and opens the 38.2–50% fib at 1.3217–1.3224
Failure to hold the 1.3193 session low resumes the downtrend toward the 1.3180 range floor
Asian low at 1.3242 now overhead as resistance on any extended bounce
FOMC Minutes at 18:00 UTC (~3h) could materially shift this read
London lower-high chain; triple low at 1.3193, descending line broken.
Firm USD on elevated US yields knocked GBP/USD out of the 1.3242–1.3272 Asian range at the London open, with lower highs stepping down the London downtrend line to a 1.3193 session low. Three tests there into the NY open held. The bounce has reclaimed the 1.3200 round number and broken that line, and price is now pressing the 1.3215 prior high just under EMA20, with RSI(14) near 44.
Support: 1.3200, 1.31933
Resistance: 1.32146, 1.32294, 1.32418
What it said to watch
M15 close above the 1.3215 prior high clears the 38.2% London sell-off fib (~1.3217) and opens the 1.3230 lower high, then the 1.3242 asian low
Loss of the 1.3200 round number and the 1.3193 session low resumes the lower-low sequence toward the 1.3180 range floor
FOMC Minutes at 18:00 UTC (~3.5h) could materially shift this read
14:17 UTC
Downtrend, stalling into early NY · RSI 41 · price 1.32034
Lower highs from Asia through London; NY compressing in a 1.3193–1.3211 box.
London broke the asian low at 1.3242 and extended the slide to a 1.3193 session low as USD firmed on yields and oil. Early NY has held three tests of 1.3193–1.3194, with price pinned at the 1.3200 psych level under the 1.3211 range top, which aligns with the 23.6% fib of the Asian high–session low move.
Support: 1.3200, 1.31935
Resistance: 1.3211, 1.32418
What it said to watch
M15 close above the 1.3211 range top / 23.6% fib would end the London lower-high sequence and opens the 38.2% near 1.3222
Failure to hold the 1.3193 session low extends the downtrend toward the 1.3180 range floor flagged in the digest
Asian low at 1.3242 marks the London breakdown level, and a return there would negate the session range break
FOMC Minutes at 18:00 UTC (~4h) could materially shift this read
14:01 UTC
Downtrend, early NY bounce off day low · RSI 41 · price 1.32074
Lower highs and lows through London, double bottom at 1.3193 in early NY.
London broke the Asian low at 1.3242 and ground lower on yield- and oil-driven USD demand, with the London leg bottoming at a 1.3193 day low. Early NY hours printed a double bottom there and overran the London downtrend line, and price is back above the 1.3200 round number and testing the 1.3209 neckline. RSI(14) is near 41 and ATR is about 9 pips.
Support: 1.3200, 1.31933
Resistance: 1.32089, 1.32165, 1.32418
What it said to watch
M15 close above the 1.3209 neckline completes the double bottom and brings the 38.2% fib at 1.3217 into view
Asian low at 1.3242 is the first broken support overhead if the London leg retraces further
Slip back below the 1.3200 round number and the 1.3193 day low resumes the London downtrend
FOMC Minutes at 18:00 UTC (~4h) could materially shift this read
Lower highs since London open after the Asian range broke lower; double test of 1.3193.
London broke the asian low at 1.3242 and sold off in a lower-high chain to a 1.3193 session low, tested twice into the NY open as USD firmed on rising yields ahead of FOMC Minutes. Price sits just under 1.3200 psych with RSI(14) near 32, and the falling trendline is capping bounces near 1.3205.
Support: 1.3193, 1.3180
Resistance: 1.3200, 1.3209, 1.3242
What it said to watch
M15 close above the 1.3209 swing high and the falling trendline breaks the lower-high chain; the 38.2% of the London leg fib sits near 1.3217
Failure to hold the 1.3193 session low extends the leg toward the 1.3180 range floor
Recovery back above the 1.3242 asian low negates the London breakdown
FOMC Minutes at 18:00 GMT, about 4h out, could materially shift this read
London lower-high chain below the broken 1.3200 round number, holding the session low.
London broke the 1.3242 Asian low and has printed a steady lower-high chain since. The slide took out the 1.3200 round number as USD firmed on the 10y yield back above 5.30%. The early NY bounce stalled at the 1.3209 lower high and was rejected back toward the 1.3193 session low, with RSI(14) near 31 and ATR about 9 pips.
Support: 1.31933, 1.3180
Resistance: 1.3200, 1.32089, 1.32418
What it said to watch
An M15 close above the 1.3209 lower high and the descending trendline would break the London lower-high chain
A move back above the 1.3200 round number would neutralise the range break; failure there keeps the 1.3242 Asian low out of reach
Losing the 1.3193 session low exposes the 1.3180 range low; a break there opens 1.3140
FOMC Minutes at 18:00 UTC could materially shift this read
Lower highs/lower lows since London open; brief dip below 1.3200 reclaimed.
London broke the Asian low at 1.3242 and stair-stepped to a 1.3193 swing low, briefly piercing the 1.3200 psych floor as USD firmed on 10y yields back above 5.30%. The rebound into the London-NY transition is stalling at the 1.3209 bounce high, just above the 23.6% fib of the London leg, with RSI(14) near 32 and price below both EMAs.
Support: 1.3200, 1.31933
Resistance: 1.32089, 1.32142, 1.32418
What it said to watch
M15 close below the 1.3193 swing low voids the false break and extends the lower-low chain
Close above the 1.3214 lower high breaks the intraday lower-high sequence; the 38.2% fib sits at 1.3217
Asian low at 1.3242 marks the London breakdown origin and the 50% fib zone above
FOMC Minutes at 18:00 UTC (~5h) could materially shift this read
13:02 UTC
Downtrend, early NY bounce off the lows · RSI 34 · price 1.32053
Lower-high/lower-low chain since London open; twin low at 1.3193-94 under test.
London broke the Asian range lower and extended the slide in a clean lower-high chain to a 1.3193 session low, with USD firm on yields ahead of FOMC Minutes. RSI(14) has recovered from ~22 to 34 as early NY holds a twin low at 1.3193-94 and reclaims the 1.3200 psych, now pressing the descending trendline beneath the 1.3214 lower high.
Support: 1.3200, 1.3193, 1.3180
Resistance: 1.3214, 1.3232
What it said to watch
M15 close above the 1.3214 lower high breaks the trendline and the lower-high chain; next reference is the 1.3232 swing high near the 50% of the London leg
Loss of 1.3200 psych and the 1.3193 session low voids the double bottom and exposes the 1.3180 range floor
FOMC Minutes at 18:00 GMT plus the US 10y auction could materially shift this read
12:46 UTC
Downtrend, stretched into early NY · RSI 26 · price 1.31976
Lower highs and lower lows since the London open; Asian range broken lower.
London broke the Asian low at 1.3242 and printed steady lower highs into the first hour of NY. Price slipped under the 1.3200 psych level to a session low at 1.3193 as USD firmed on yields and oil ahead of the FOMC Minutes. RSI(14) near 26 is stretched but not extreme, and the descending trendline off the 1.3245 lower high is still capping bounces.
Support: 1.3193, 1.3180
Resistance: 1.3200, 1.3214, 1.3242
What it said to watch
M15 close back above the 1.3200 psych and the 1.3214 lower high breaks the lower-high chain and the descending trendline
Failure to hold the 1.3193 session low exposes the 1.3180 range floor
FOMC Minutes at 18:00 GMT could materially shift this read
A recovery into the 1.3242 asian low would neutralise the London break
Lower highs and lower lows since London broke the Asian low.
London broke the Asian low at 1.3242 and the London selloff has since stepped lower under a descending trendline, slicing through the 1.3200 round number to a session low at 1.3193 as USD firmed on yields and oil ahead of the FOMC Minutes. RSI(14) near 22 is oversold going into the London-NY transition, with the 1.3180 range floor just below.
Support: 1.31933, 1.3180, 1.3140
Resistance: 1.3200, 1.32142, 1.32418
What it said to watch
M15 close back above the 1.3214 lower high breaks the descending trendline and the lower-high chain
Failure to hold the 1.3180 range floor exposes the 1.3140 uob support
Recovery to the 50% retrace of the London selloff near 1.3224 that stalls would keep the downtrend intact
FOMC Minutes at 18:00 GMT could materially shift this read
12:16 UTC
Downtrend, oversold into 1.3200 · RSI 26 · price 1.32013
Lower highs since London open; Asian range broken lower.
London opened with a break of the Asian low at 1.3242. Since then the London session has stepped lower along a falling trendline of lower highs, the latest at 1.3214, and is now pressing the 1.3200 round number with RSI(14) near 26. USD firmness on rebounding yields and Brent above $100 ahead of the FOMC Minutes is the driver; the 1.3180 range floor sits just below.
Support: 1.3200, 1.3180
Resistance: 1.32142, 1.32418
What it said to watch
M15 close above the 1.3214 lower high and the falling trendline breaks the lower-high sequence
Sustained trade below the 1.3200 round number exposes the 1.3180 range floor
A return inside the Asian range above the 1.3242 asian low would neutralise the London breakdown
FOMC Minutes at 18:00 GMT could materially shift this read
12:01 UTC
Downtrend, early bounce off day low · RSI 30 · price 1.32127
Lower-high/lower-low chain since 1.3245 swing high; Asian range broken lower at London open.
London broke below the 1.3242 Asian low and then built a lower-high chain from the 1.3245 swing high down to a 1.3203 day low. Firmer US yields and oil drove the dollar side ahead of the FOMC Minutes. In the first hour of NY, price is bouncing off the day low into the descending trendline near 1.3213, with RSI(14) around 30.
Support: 1.3203, 1.3180
Resistance: 1.3220, 1.3230, 1.3245
What it said to watch
M15 close above the descending trendline and the 38.2% fib at 1.3220 breaks the lower-high chain
Reclaim of the 1.3230 prior low shifts focus back to the 1.3245 swing high
Loss of the 1.3203 day low exposes 1.3200 and the 1.3180 range floor
FOMC Minutes at 18:00 GMT and today's US 10y auction could materially shift this read
Lower highs and lower lows since London open, below the Asian range.
London broke the Asian low at 1.3242 and has extended a clean lower-highs chain to a session low at 1.3203, with the london selloff from 1.3254 now testing the 1.3200 round number. RSI(14) is near 22 as the USD stays firm on 10y yields above 5.30% and Brent above $100 into the FOMC Minutes.
Support: 1.3203, 1.3200, 1.3180
Resistance: 1.3229, 1.3242, 1.3254
What it said to watch
M15 close above the 1.3229 swing high breaks the lower-highs sequence; the 1.3242 asian low is the next level overhead
Failure to hold the 1.3200 round number exposes the 1.3180 range floor
Recovery back through the 1.3254 london high would neutralise the london selloff
FOMC Minutes at 18:00 GMT could materially shift this read
11:16 UTC
Downtrend, steady lower highs through London · RSI 27 · price 1.32172
Asian range broken lower at London open; LH/LL chain under a descending trendline.
London broke the Asian low at 1.3242 on the open. Bounces have been capped by the descending trendline from the rebound high at 1.3245, and the lower high at 1.3229 was followed by a fresh session low at 1.3212, with a firm USD into the FOMC Minutes as the backdrop. RSI(14) near 27 is stretched but not extreme; 1.3200 round number and the 1.3180 range floor sit below.
Support: 1.32123, 1.3200, 1.3180
Resistance: 1.32294, 1.32418, 1.32454
What it said to watch
M15 close above the lower high at 1.3229 (38.2% of the london leg fib) breaks the trendline and the LH/LL chain
Acceptance back above the asian low at 1.3242 and the 1.3245 rebound high negates the London range break
Failure to hold the session low at 1.3212 exposes the 1.3200 round number, then the 1.3180 range floor
FOMC Minutes at 18:00 GMT could materially shift this read; the NY open comes first
Lower highs and lower lows since London broke below the Asian range.
London broke the 1.3242 Asian low at the open and has stepped lower under a descending trendline since. Each bounce has been capped, the latest at the 1.3229 lower high, and price now sits at the session low near 1.3216 with RSI(14) around 21. Firm US yields and USD demand ahead of tonight's FOMC Minutes are the backdrop.
Support: 1.32155, 1.3200, 1.3180
Resistance: 1.32294, 1.32418, 1.32683
What it said to watch
M15 close above the 1.3229 lower high breaks the descending trendline and the lower-high sequence
Reclaim of the 1.3242 Asian low turns the London move into a false break, with the 1.3268 Asian high next above
Acceptance below the 1.3200 round number exposes 1.3180, the range floor in place since late September
RSI(14) near 21 into the NY open: stretched readings like this often precede a pause or bounce
FOMC Minutes at 18:00 GMT, about 7h out, could materially shift this read
London broke below the Asian range and is printing lower highs and lower lows.
London opened at its 1.3254 london high, then broke the 1.3242 asian low and has stepped lower since. The bounce stalled at 1.3245, and the latest lower high at 1.3232 leaves price pressing the 1.3220 session low, with RSI(14) near 27, stretched but not extreme. A firm USD and US 10y yields above 5.30% into the FOMC Minutes are driving the move.
Support: 1.3220, 1.3180
Resistance: 1.3232, 1.3242, 1.3254
What it said to watch
M15 close above the 1.3232 lower high breaks the lower-high chain
Recovery above the 1.3242 asian low puts price back inside the Asian range
Failure to hold the 1.3220 session low exposes the 1.3180 range floor
Reclaim of the 1.3254 london high negates the London-session leg lower
FOMC Minutes at 18:00 GMT could materially shift this read
10:32 UTC
Downtrend, lower highs through London · RSI 26 · price 1.32238
Asian range broken lower, LH/LL chain since London open.
London broke the asian low at 1.3242 in its first hour on renewed USD demand from firm yields and oil, then printed lower highs at the 1.3245 bounce high and 1.3232 lower high into a 1.3222 session low. RSI(14) is near 26, oversold but not extreme, with the 1.3246 38.2% fib of the Tuesday high-to-London low drop sitting on the broken asian low.
Support: 1.3222, 1.3200
Resistance: 1.3232, 1.3242, 1.3245
What it said to watch
M15 close back above the 1.3242 asian low and 1.3245 bounce high would negate the range break and the lower highs chain
Failure to hold the 1.3222 session low exposes the 1.3200 round number, the range floor in the digest
A close above the 1.3232 lower high is the first sign the London selling has paused
FOMC Minutes at 18:00 GMT and the US 10-year auction could materially shift this read
Asian range broken lower at London open; LH/LL chain under a descending trendline.
London broke the Asian low at 1.3242 and has printed lower highs under a descending trendline from the 1.3254 London high. The session low is 1.3223, with RSI(14) near 29. The USD bid on 10y yields back above 5.30% and Brent above $100 ahead of tonight's FOMC Minutes explains the leg lower; the latest lower high sits at 1.3232.
Support: 1.32234, 1.3200
Resistance: 1.32323, 1.32418, 1.32543
What it said to watch
M15 close back above the 1.3242 asian low negates the range break
Break of the 1.3223 session low opens the 1.3200 range floor
A close through the descending trendline near 1.3240 ends the lower-high chain
Failure to clear the 1.3232 lower high keeps the LH/LL chain intact
FOMC Minutes at 18:00 GMT could materially shift this read
10:01 UTC
Intraday downtrend, lower highs through London · RSI 31 · price 1.3229
Asian range broken lower at London open, LH/LL sequence.
London broke below the Asian range low near 1.3242 in the first hour, then capped at 1.3245 for a second lower high before printing a fresh session low at 1.3225. The move came as the USD firmed on yields back above 5.30% ahead of FOMC Minutes. RSI(14) sits near 31, soft but not oversold, and ATR is around 8 pips.
Support: 1.3225, 1.3200, 1.3180
Resistance: 1.3245, 1.3254
What it said to watch
An M15 close back above the 1.3245 lower high breaks the lower-highs trendline and the LH/LL sequence
A move back above the 1.3254 london open high would put price back inside the Asian range
Failure to hold the 1.3225 session low exposes the 1.3200 round number, then the 1.3180 range floor
FOMC Minutes at 18:00 GMT could materially shift this read
Lower highs from 1.3286; Asian range low broken, pressing session low.
Lower highs since yesterday's 1.3286 NY-session peak. London broke the Asian low at 1.3242 on firm USD and higher yields, printing a 1.3230 session low. Price is back at that low with RSI(14) near 30, capped by a flat London high around 1.3245.
Support: 1.32297, 1.3200
Resistance: 1.32418, 1.32454, 1.3251
What it said to watch
M15 close below the 1.3230 session low extends the lower-low sequence toward the 1.3200 range floor
Recovery back above the 1.3242 Asian low and 1.3245 London high would read as a false break of the session low
Descending trendline near 1.3248 and the 38.2% fib at 1.3251 cap the decline structure; a close above both breaks the lower-high chain
FOMC Minutes at 18:00 GMT and the US 10-year auction could materially shift this read
09:16 UTC
Downtrend, lower highs since NY high · RSI 40 · price 1.32399
Asian range broken lower at London open; bounce off London low now retesting the Asian low from below.
GBPUSD has carved lower highs since yesterday's NY high at 1.3286. London open broke the 1.3242–1.3268 Asian range as USD firmed on rebounding yields and oil, and the bounce from the 1.3230 London low is now stalling at the Asian low from below, under the lower highs trendline.
Support: 1.3230, 1.3200
Resistance: 1.3242, 1.3254, 1.3268
What it said to watch
M15 close back above the 1.3242 asian low and the 1.3254 london high negates the range break read
Failure to hold the 1.3230 london low extends the lower-low sequence toward the 1.3200 round number
A push back to the 1.3268 asian high would break the lower highs trendline
FOMC minutes at 18:00 GMT during NY hours could materially shift this read
Lower highs from 1.3286; London broke the Asian low, now retesting it from below.
Asia ground lower from 1.3275 as USD firmed into the FOMC minutes. London opened with a break of the asian low at 1.3242 to a london low at 1.3230. The rebound is capped near the 23.6% fib of the drop from the 1.3286 prior high, leaving the lower-high sequence intact.
Support: 1.3230, 1.3200
Resistance: 1.3242, 1.3254, 1.3286
What it said to watch
M15 close back above the 1.3242 asian low and the 1.3254 london high breaks the lower-high sequence and exposes the 38.2% fib near 1.3251
Failure to hold the 1.3230 london low confirms a lower-low and opens the 1.3200 range floor
FOMC minutes at 18:00 GMT later today could materially shift this read
08:46 UTC
Downtrend, bounce off London low · RSI 43 · price 1.32412
Lower highs and lower lows from Tuesday's 1.3286 high; Asian low broken at London open.
The overnight slide from Tuesday's 1.3286 high extended at London open. Price broke the Asian low at 1.3242 and printed a London low at 1.3230 before bouncing back to retest the broken level, with a firmer USD on yields and oil ahead of the FOMC minutes driving the lower-high sequence. RSI(14) near 43 shows the selling has cooled, and price sits below both EMAs.
Support: 1.3230, 1.3200
Resistance: 1.3242, 1.3254, 1.3268
What it said to watch
Holding below the asian low at 1.3242 keeps the break intact; a close back above it and the london high at 1.3254 (38.2% of the 1.3286-1.3230 drop) would mark 1.3230 as a false break
Failure to hold the london low at 1.3230 opens the path to the 1.3200 round number
A close above the descending trendline (~1.3250) and the asian high at 1.3268 ends the lower-high sequence
FOMC minutes at 18:00 GMT could materially shift this read
London open broke the Asian low; bounce capped beneath it.
London open broke the Asian low at 1.3242 and set a london low at 1.3230. The rebound stalled at 1.3245, back near the broken level, and the lower-high trendline from the overnight session remains intact. Firmer USD on oil and yields ahead of the FOMC minutes frames the slide.
Support: 1.32297, 1.3200
Resistance: 1.32418, 1.32543
What it said to watch
M15 close back above 1.3242 (asian low) and the lower-high trendline near 1.3250 would negate the range break
Close above the 1.3254 pre-ldn high would break the overnight lower-high sequence
Failure to hold the 1.3230 london low extends the lower-low chain toward the 1.3200 psych level
FOMC minutes at 18:00 GMT (21:00 broker) could materially shift this read
08:01 UTC
Downtrend, lower highs since NY peak · RSI 37 · price 1.3239
Asian range broken lower at London open; lower-high chain intact.
Tuesday's NY high at 1.3285 gave way to a lower-high sequence through Asia. London opened with a break of the Asian low at 1.3242 and a 16-pip bar down to the 1.3230 london low as the USD firmed into today's FOMC minutes. Price is below both EMAs with RSI(14) near 37, not yet stretched.
Support: 1.3230, 1.3227, 1.3200
Resistance: 1.3242, 1.3254, 1.3275
What it said to watch
M15 close back above the 1.3242 asian low would turn the London break into a false break
Failure to hold the 1.3230 london low exposes the 1.3227 prior low and the 1.3200 range floor
A close above the lower highs trendline and the 1.3254 open high breaks the lower-high chain; the 1.3275 asian high caps above that
FOMC minutes at 18:00 GMT could materially shift this read
07:46 UTC
Downtrend, lower highs since NY high · RSI 41 · price 1.32428
Lower-high/lower-low chain off 1.3286; early London pressing the Asian low.
GBPUSD has printed lower highs since the 1.3286 NY high, with Asia grinding down to 1.3242 as USD firmed on yields and oil. Early London capped at the 1.3254 london high and the descending trendline, then dipped one pip through the Asian low to a 1.3241 london low. Price sits below both EMAs with RSI(14) near 41.
Support: 1.3241, 1.3227, 1.3200
Resistance: 1.3254, 1.3263, 1.3286
What it said to watch
M15 close below the 1.3241 london low extends the lower-low chain toward the 1.3227 prior low
Recovery above the 1.3254 london high and descending trendline breaks the lower-high sequence, with the 50% fib of the NY-high drop at 1.3263 next
FOMC minutes at 18:00 GMT and the US 10y auction could materially shift this read; a USD bid brings the 1.3200 range floor into focus
Lower highs from 1.3286; early-London dip below Asian low reclaimed.
GBP/USD has carved lower highs from the 1.3286 prior high as USD regained 102.00 on firmer yields and oil, bleeding through the Asia session from the 1.3268 Asian high. Early London swept just below the Asian low to a 1.3241 session low and recovered, but price is capped near the 1.3254 London high, with RSI(14) neutral around 45.
Support: 1.3241, 1.3227
Resistance: 1.3254, 1.3268, 1.3286
What it said to watch
M15 close above 1.3254 london high and the 38.2% fib near 1.3258 eases the lower-high sequence, exposing the 1.3268 asian high
Failure to hold the 1.3241 session low confirms a fresh lower low toward the 1.3227 prior low
Reclaim of 1.3286 prior high needed to invalidate the downtrend read
FOMC minutes at 18:00 GMT and the US 10y auction could materially shift this read
Lower highs and lower lows from 1.3286 prior high, testing session low.
Lower highs through Asia took GBPUSD from the 1.3286 prior high and the 1.3275 Asian high down to a 1.3242 session low, as USD firmed with yields recovering into the FOMC minutes. The early-London bounce was rejected at the 1.3254 London high, in line with the Asian trendline, and price is back on the session low with RSI(14) near 37.
Support: 1.3242, 1.3218, 1.3200
Resistance: 1.3254, 1.3275, 1.3286
What it said to watch
M15 close below the 1.3242 session low extends the lower-low chain toward the 1.3218 swing low, with the 1.3200 round number beyond
M15 close above the 1.3254 London high breaks the Asian trendline and neutralises the lower-high sequence, which puts the 1.3275 Asian high back in view
Recovery through the 1.3286 prior high would invalidate the intraday downtrend read
FOMC minutes at 18:00 GMT and the US 10y auction could materially shift this read
07:01 UTC
Downtrend, lower highs since Tuesday NY high · RSI 43 · price 1.3249
Lower-high chain from 1.3286; London open false break below Asian low, bounce stalling under 1.3254.
Lower highs have held since Tuesday's 1.3286 prior high, with the Asian session grinding off the 1.3268 asian high as USD firmed on yields and oil ahead of FOMC minutes. London open briefly broke the Asian low to 1.3242 (london low), then rebounded to 1.3254 (london high). Price is back under ema20 and the lower highs line, and the bounce sits below the 38.2% fib of the prior high to london low drop.
Support: 1.3242, 1.3218
Resistance: 1.3254, 1.3268, 1.3286
What it said to watch
M15 close above 1.3254 london high and the lower highs line breaks the lower-high chain; 1.3268 asian high is next
Loss of 1.3242 london low resumes the downtrend toward 1.3218 prior low
FOMC minutes at 18:00 GMT could materially shift this read
Lower highs / lower lows since 22:00 UTC, price near session low.
The Asia session drop ran from the 1.3275 asia high to a 1.3242 asian low in a clean lower-high chain, as USD firmed with yields ahead of the FOMC minutes. The 06:30 spike to the 1.3254 lower high was rejected, leaving price pinned near the session low into London open, well below the 1.3285 prior high.
Support: 1.3242, 1.3210
Resistance: 1.3254, 1.3275, 1.3285
What it said to watch
London open M15 close below the 1.3242 asian low extends the lower-low sequence toward the 1.3210 prior low
M15 close above the 1.3254 lower high and descending lower-highs line breaks the Asia downtrend read
Reclaim of the 1.3275 asia high would erase the entire Asia drop
FOMC minutes at 18:00 GMT could materially shift this read
06:17 UTC
Downtrend, grinding lower through Asia · RSI 31 · price 1.32445
Lower highs and lower lows since Asia open, price pressing the Asian low.
Asia faded from the 1.3268 Asian high in a steady lower-high chain as USD firmed on oil and yields ahead of the FOMC minutes. Early London now has price on the 1.3244 Asian low, near the 50% retrace of Tuesday's rally from 1.3206 to the 1.3286 prior high, with RSI(14) near 31 but not yet stretched.
Support: 1.3244, 1.3235, 1.3200
Resistance: 1.3252, 1.3268, 1.3286
What it said to watch
M15 close below the 1.3244 Asian low extends the lower-low sequence toward the 1.3235 prior base, where the 61.8% rally fib sits
M15 close above the 1.3252 lower high breaks the descending trendline and the Asia sell-off structure
The 1.3200 range floor is the next level below the prior base if London extends the slide
FOMC minutes at 18:00 GMT could materially shift this read
Lower highs and lower lows since 1.3275, holding above the 50% fib.
Cable has given back nearly half of Tuesday's 1.3201–1.3285 rally to the prior high. It slid through the Asia session as DXY retook 102.00 on firmer yields and oil. Price is pressing the Asian low at 1.3245 an hour before London open, just above the 50% fib, with RSI(14) near 39 and both EMAs overhead.
Support: 1.3245, 1.3235, 1.3200
Resistance: 1.3256, 1.3275, 1.3285
What it said to watch
M15 close below the 1.3245 Asian low extends the lower-low chain toward the 1.3235 swing low and 61.8% fib
Recovery above the 1.3256 swing high breaks the Asia lower-high sequence and puts the 1.3275 Asia high back in view
London open in ~1h sets the session range; the 1.3200 range floor is the wider reference below
FOMC minutes at 18:00 GMT could materially shift this read
05:47 UTC
Downtrend, grinding lower through Asia · RSI 44 · price 1.32508
Lower highs and lower lows from 1.3275; price pressing the descending trendline.
Asia session ground lower in a lower-high, lower-low sequence from the 1.3275 Asian high to a 1.3245 Asian low as USD firmed on yields and oil ahead of the FOMC minutes. That retraces about 50% of Tuesday's 1.3201–1.3286 leg off the prior high. Into the London open, price is pressing the descending trendline just under the 1.3256 swing high, with RSI(14) near 44.
Support: 1.3245, 1.3233, 1.3201
Resistance: 1.3256, 1.3275, 1.3286
What it said to watch
M15 close above the 1.3256 swing high breaks the descending trendline and the lower-high sequence
Recovery to the 1.3275 Asian high would neutralise the Asia selloff and put the 1.3286 prior high back in view
Failure to hold the 1.3245 Asian low exposes the fib 61.8 retracement at 1.3233, then the 1.3201 prior low
London open in about 1h is likely to expand the compressed Asian range; ATR is only ~3 pips
FOMC minutes at 18:00 UTC could materially shift this read
05:16 UTC
Intraday downtrend, lower highs through Asia · RSI 29 · price 1.32467
Lower-high/lower-low chain off Tuesday's 1.3286 high; 1.3250 shelf broken.
Cable has given back much of Tuesday's USD-driven rally, with lower highs through the Asian session as the dollar firmed on yields and oil. Price slipped out of the 1.3250–1.3256 shelf into the late-Asia session and is sitting on the 1.3246 session low, RSI(14) near 29. The descending trendline now runs near the 1.3250 round number, capping bounces.
Support: 1.32464, 1.32435, 1.3201
Resistance: 1.3250, 1.32559, 1.32683
What it said to watch
Failure to hold the 1.3246 session low extends the lower-low chain toward the 1.3243 swing low
M15 close above the 1.3256 swing high breaks the descending trendline and the lower-high sequence
Recovery through the 1.3268 asian high would put the 61.8% fib of the drop near 1.3271 in play
London open in under 2h may reset the Asian range
FOMC minutes at 18:00 UTC could materially shift this read; the prior low at 1.3201 marks the floor of the recent range
05:01 UTC
Downtrend through Asia, momentum fading near lows · RSI 32 · price 1.3248
Lower highs from the asian high at 1.3275; session low 1.3246 holding, price under the asia shelf.
Asia session has unwound much of Tuesday's NY rally. Lower highs run from the 1.3275 asian high to a fresh session low at 1.3246 as the dollar firmed on yields and oil. Price sits between the 38.2% and 50% retracement of Tuesday's 1.3201–1.3286 leg, capped by the 1.3256 asia shelf, with RSI(14) near 32 and ATR around 3 pips two hours before London open.
Support: 1.3246, 1.3235, 1.3201
Resistance: 1.3256, 1.3275, 1.3286
What it said to watch
M15 close back above the 1.3256 asia shelf and the Asia downtrend line weakens the lower-high sequence
Loss of the 1.3246 session low exposes the 1.3235 london base at the 61.8% retracement; below that, the 1.3201 prior low
Range expansion at London open likely sets the first test of the session low or the asia shelf
Recovery above the 1.3275 asian high reopens the 1.3286 prior high
FOMC minutes at 18:00 UTC today could materially shift this read
04:46 UTC
Downtrend through Asia, RSI near oversold · RSI 29 · price 1.32478
Lower highs and lower lows since the 22:00 UTC open.
Asia session has ground lower in a clean lower-high chain from 1.3275 to a fresh asian low at 1.3246 as the dollar retook DXY 102.00 on firmer yields and oil. Price now sits just above the fib 50% of Tuesday's 1.3201–1.3286 London-NY rally, with RSI(14) near 29 and ranges compressed to roughly 3 pips per bar.
Support: 1.32464, 1.32433, 1.32333
Resistance: 1.32559, 1.32664
What it said to watch
M15 close above the 1.3256 lower high and the Asia trendline breaks the lower-high chain
Failure to hold the 1.3246 asian low exposes the fib 50% at 1.3243, then fib 61.8% near 1.3233
Reclaiming the 1.3266 ny low would put the session high at 1.3286 back in view
London open in about 2h typically expands the Asian range
FOMC minutes at 18:00 UTC could materially shift this read
Lower highs and lower lows since the 1.3275 Asia high.
Asia session has ground lower from the 1.3275 asia high in a chain of lower highs. That move is unwinding Tuesday's dollar-driven rally to the 1.3286 tuesday high, as oil and yields revived the USD bid. Price is back on the 1.3249 asia low, the only bounce stalled at the 1.3256 swing high, and RSI(14) sits near 27 with ATR(14) about 3 pips.
Support: 1.3249, 1.3201
Resistance: 1.3256, 1.3275, 1.3286
What it said to watch
M15 close below the 1.3249 asia low extends the lower-low chain, with the 1.3201 tuesday low the next reference
Close above the 1.3256 swing high and the asia lower highs line breaks the descending structure, with the 1.3275 asia high next
London open in under 3h typically expands the Asian range
FOMC minutes at 18:00 UTC could materially shift this read
Asia session ground lower in a clean lower-high sequence under a descending line from the 1.3275 open. It slipped through Tuesday's ny low at 1.3261 and the 1.3250 psych level to an asian low of 1.3249 as oil-driven USD demand returned. Late Asia is now holding a tight box between 1.3249 and the 1.3256 bounce high, with RSI(14) near 32 and the fib of Tuesday's 1.3286 session high to the asian low framing any rebound into London open.
Support: 1.3249, 1.3201
Resistance: 1.3256, 1.3261, 1.3286
What it said to watch
M15 close below the 1.3249 asian low extends the lower-low chain, with Tuesday's 1.3201 prior low the next reference
Close above the descending line and the 1.3256 bounce high, then the 1.3261 ny low, breaks the Asia downtrend structure
London open in about 2h typically sets the session range off this 7-pip box
FOMC minutes at 18:00 UTC could materially shift this read
Asian lower highs below broken NY low, basing at 1.3250.
Late Asia session has extended the fade from yesterday's 1.3286 high. Price broke the 1.3261 NY low and is now basing above the 1.3249 asia low, capped by a micro high at 1.3256. RSI(14) sits near 36 and ATR is about 3 pips. The slide tracks DXY reclaiming 102.00 on firmer yields and oil ahead of the FOMC minutes.
Support: 1.32494, 1.3201
Resistance: 1.32559, 1.32606, 1.32683
What it said to watch
M15 close back above the 1.3261 broken low breaks the Asian lower-high sequence and puts the fib 38.2% at 1.3263 in play
Recovery above the 1.3268 asia high would negate the session downtrend read
Failure to hold the 1.3249 asia low exposes the 1.3201 day low, set during yesterday's Asia session
Clearing the 1.3256 micro high is the first sign the 1.3250 base is holding into London open
FOMC minutes at 18:00 UTC could materially shift this read
03:31 UTC
Downtrend through Asia, stalling near lows · RSI 33 · price 1.32534
Lower highs from the Asian high, base forming at 1.3249.
Cable has bled about 26 pips from the 1.3275 Asian high and the prior-day high at 1.3286, a run of lower highs under a falling trendline as USD firmed on yields and geopolitical headlines into FOMC minutes. Price is now coiling just above the 1.3249 Asian low, still below the 1.3262 swing high and both EMAs, with the London base at 1.3244 the next reference below.
Support: 1.3249, 1.3244
Resistance: 1.32625, 1.32754
What it said to watch
Close below the 1.3249 asian low exposes the 1.3244 london base
Close above the falling trendline and the 1.3262 swing high (near the 50% asia fib) breaks the lower-high chain
Asian high at 1.3275 and prior high at 1.3286 cap any London recovery
FOMC minutes at 18:00 UTC could materially shift this read
Lower highs and lower lows through Asia, small bounce off session low.
Cable has slipped through the Asia session from the 1.3274 asia high to a 1.3249 asia low, giving back part of Tuesday's dollar-driven rally to the 1.3286 prior high as rising oil revived Fed-hike concern. Price is sitting at the 38.2% fib of that rally and testing the Asia trendline from above 1.3262, with RSI(14) near 31.
Support: 1.3249, 1.3243
Resistance: 1.3262, 1.3274, 1.3286
What it said to watch
M15 close above the Asia trendline and the 1.3262 asia pivot breaks the lower-high sequence and puts the 1.3274 asia high back in focus
Failure to hold the 1.3249 asia low resumes lower lows toward the fib 50% at 1.3243
London open in under an hour could reset the Asian range; a return to the 1.3286 prior high needs a reclaim of 1.3274 first
FOMC minutes at 18:00 UTC could materially shift this read
Lower highs through Asia, new session low at 1.3249.
Late Asia session: cable has stepped down from the 1.3275 asian high in a chain of lower highs to a 1.3249 session low, sitting on the 38.2% fib of Tuesday's 1.3201–1.3286 London rally. The drift tracks firmer oil reviving Fed-hike concerns ahead of the FOMC minutes. RSI(14) is near 27 and ATR is about 3.4 pips, a thin pre-London tape.
Support: 1.3249, 1.3243, 1.3201
Resistance: 1.3262, 1.3275, 1.3286
What it said to watch
M15 close back above the 1.3262 lower high breaks the Asia lower-high chain
Failure to hold the 1.3249 session low exposes the fib 50% at 1.3243, then the 1.3201 day low
London open in ~4h; the 1.3275 asian high and 1.3286 day high mark the range cap above
FOMC minutes Wed 18:00 UTC could materially shift this read
Lower highs and lower lows through Asia, back at the Tuesday London breakout zone.
Asia has unwound part of Tuesday's USD-driven rally. A stair-step of lower highs broke the 1.3261 ny low and printed an asia low at 1.3249, with RSI(14) near 24. Price is now retesting the 1.3245–1.3255 London breakout zone, close to the 38.2% level of the 1.3201-1.3286 fib, with the 50% fib at 1.3243 just below.
Support: 1.3249, 1.3243, 1.3233
Resistance: 1.3261, 1.3275, 1.3286
What it said to watch
M15 close below the 1.3249 asia low exposes the 50% fib at 1.3243, then the 61.8% fib at 1.3233
Recovery back above the 1.3261 ny low negates the Asia lower-low sequence; the 1.3275 asia high sits above that
Tues high at 1.3286 remains the range extreme; a return there would need the USD pullback to resume
FOMC minutes at 18:00 UTC, preceded by NY Fed inflation expectations and Fed Logan, could materially shift this read
Lower-high chain off 1.3275 asia high, 1.3261 shelf broken.
Yesterday's USD-driven London/NY rally topped at the 1.3285 session high and is now fully faded back below 1.3265. Mid-Asia, price has slid along a descending trendline from the 1.3275 asia high, broken the 1.3261 prior lows (now a broken low) and tagged the 1.3250 psych level, with RSI(14) near 26.
Support: 1.3250, 1.32348, 1.3201
Resistance: 1.32606, 1.32754, 1.32855
What it said to watch
M15 close back above the 1.3261 broken low and the descending trendline negates the Asia lower-high sequence
Sustained trade below 1.3250 psych exposes the 1.3235 swing low from London's morning consolidation, then the 1.3201 london low
Recovery through the 1.3275 asia high would undo the overnight decline entirely
FOMC minutes at 18:00 UTC today are the main USD risk to this read
02:01 UTC
Intraday pullback, lower highs through Asia · RSI 28 · price 1.32562
Asia lower-high chain, below NY low after 1.3201–1.3285 rally.
The USD-driven rally from 1.3201 topped at the ny high of 1.3285 during NY hours. Asia session has since printed lower highs, slipped under the ny low at 1.3261 and is now probing the fib 38.2 of that move near 1.3253. RSI(14) is near 28 and ATR is only about 3 pips, so the drift is orderly rather than stretched.
Support: 1.3253, 1.3243
Resistance: 1.3261, 1.3275, 1.3285
What it said to watch
M15 close back above the 1.3261 ny low would negate the Asian range break
Sustained trade below the fib 38.2 at 1.3253 exposes the fib 50 near 1.3243
Break of the Asian lower-high trendline (~1.3260) and a recovery through the 1.3275 asia high would reopen the 1.3285 ny high
FOMC minutes at 18:00 UTC today could materially shift this read
01:46 UTC
Pullback within intraday rally, drifting lower in Asia · RSI 31 · price 1.32607
Lower highs since the 1.3286 NY high; Asia pressing the session low.
London lifted the pair from 1.3201 to a 1.3286 NY high as the USD eased. The push through the 1.3281 range top faded, and lower highs have formed since, roughly 29% into the london rally retracement. Asia is grinding into the 1.3258 asia low with RSI(14) near 31 and price below both EMAs.
Support: 1.3258, 1.3245
Resistance: 1.3268, 1.3286
What it said to watch
M15 close below the 1.3258 asia low extends the lower-high sequence toward the 38.2% of the london rally (~1.3253) and the 1.3245 break base
Recovery above the 1.3268 asia high and the lower highs trendline neutralises the Asian drift
Reclaim of the 1.3286 ny high turns the faded range-top false break into a clean break
FOMC minutes at 18:00 UTC today could materially shift this read
Lower highs and lower lows through Asia, retesting the 1.3255-1.3265 breakout zone.
Tuesday's USD-driven rally ran from 1.3201 to a 1.3286 ny high. Since then, Asia has ground lower from the 1.3275 asia high in a chain of lower highs, slipping back under the 1.3265 range top and the 23.6% fib of the London-NY leg. Price is now retesting the 1.3255 breakout area, with RSI(14) near 40 and ATR(14) at about 3 pips.
Support: 1.32584, 1.32552, 1.3248
Resistance: 1.3266, 1.32754
What it said to watch
A close back above the asia trendline and the 1.3265 range top would neutralise the Asian pullback
Loss of the 1.3258 asia low exposes the 1.3255 breakout base, then the 1.3248 london high near the 38.2% fib
London open around 07:00 UTC typically expands this thin Asian range
FOMC minutes Wed 18:00 UTC could materially shift this read; a reclaim of the 1.3286 ny high is the upside reference
01:17 UTC
Pullback, Asia drifting lower · RSI 38 · price 1.32611
Lower highs since daily reopen, pressing 1.3260 range floor.
Tuesday's USD-driven rally from 1.3201 to the 1.3285 day high has faded through a thin Asia session. Lower highs have formed since the reopen high at 1.3275, and price now sits on the 1.3260 range floor below both EMAs and under the 23.6% fib of the rally, with RSI(14) near 38 and ATR(14) at about 3.4 pips.
Support: 1.3260, 1.3253, 1.3248
Resistance: 1.3268, 1.3275, 1.3285
What it said to watch
M15 close below the 1.3260 range floor exposes the 38.2% fib at 1.3253 and the 1.3248 london high
Recovery above the 1.3268 lower high breaks the Asia lower-highs sequence; reclaiming the 1.3275 reopen high puts the 1.3285 day high back in view
London open is the first liquidity test of the range floor; FOMC minutes at 18:00 UTC could materially shift this read
01:01 UTC
Range after rally, drifting lower in Asia · RSI 36 · price 1.32613
1.3261–1.3286 range; lower highs pressing range floor.
Tuesday's USD-driven rally ran from 1.3201 to the 1.3286 session high, then settled into a range through NY. Asia session has printed lower highs off the 1.3275 asian high and is sitting on the 1.3261 range floor for a third test, with RSI(14) near 36 and the 1.3248 london break level just below.
Support: 1.3261, 1.3248
Resistance: 1.3275, 1.3286
What it said to watch
M15 close below 1.3260 breaks the range floor and exposes the 1.3248 london break, near the 38.2% rally fib
Reclaim of the 1.3275 asian high breaks the lower highs and refocuses on the 1.3286 session high
FOMC minutes Wed 18:00 UTC could materially shift this read
00:46 UTC
Range after London rally, early Asia drifting lower · RSI 43 · price 1.32627
1.3261–1.3286 range since Tuesday midday; Asia lower highs pressing floor.
Tuesday's USD-driven London rally from 1.3201 stalled into a 1.3261–1.3286 range. Early Asia is printing lower highs under the 1.3275 asia high and pressing the range floor at 1.3261, which sits on the 38.2% retracement of the rally. The 1.3255 breakout shelf from late London lies just below.
Support: 1.3261, 1.3255, 1.3243
Resistance: 1.3275, 1.3286
What it said to watch
M15 close below the 1.3261 range floor breaks the range and exposes the 1.3255 breakout shelf, then the 50% fib near 1.3243
Close above the Asia trendline and the 1.3275 asia high would neutralise the drift; the 1.3286 range top remains the cap
FOMC minutes Wed 18:00 UTC could materially shift this read
Lower highs off 1.3286 day high, pressing swing-low floor in early Asia.
The USD-driven London-NY rally off the 1.3201 day low topped at the 1.3286 day high and has since printed lower highs. Early Asia is pressing the 1.3261 swing low, which held twice and sits near the 23.6% fib of the rally, with price below EMA20/EMA50 and RSI(14) near 43.
Support: 1.3261, 1.3248, 1.3201
Resistance: 1.3275, 1.3286
What it said to watch
M15 close below 1.3261 swing low breaks the floor and exposes the 1.3248 prior high from the London morning
Close above the 1.3275 asian high and the lower-highs trendline neutralises the drift and reopens the 1.3286 day high
Loss of 1.3248 brings the 1.3201 day low back into view
FOMC minutes later today (18:00 UTC) could materially shift this read
00:16 UTC
Post-rally range, drifting lower in early Asia · RSI 41 · price 1.32654
1.3261–1.3286 range after London-NY rally; lower highs since the 15:45 UTC peak.
The USD pullback carried GBPUSD from the 1.3201 early-London low to a 1.3286 range top in NY, and price has held a 1.3261–1.3286 band since. Early Asia is drifting under a lower-highs sequence toward the range floor at 1.3261, which held three times. Price is sitting on the 23.6% fib of the rally with RSI(14) near 41 and ATR around 5 pips.
Support: 1.3261, 1.3253, 1.3245
Resistance: 1.3275, 1.3286
What it said to watch
M15 close below the 1.3261 range floor exposes the 38.2% fib near 1.3253 and the 1.3245 breakout area
Reclaim of the 1.3275 swing high breaks the lower-highs line and puts the 1.3286 range top back in focus
FOMC minutes Wed 18:00 UTC are the next catalyst for USD and could materially shift this read
00:01 UTC
Post-rally consolidation, lower highs into Asia · RSI 44 · price 1.32658
Lower highs below 1.3286 day high, floor at 1.3261 swing low.
The USD-driven London-NY rally from 1.3201 topped at the 1.3286 day high. Since then price has consolidated under a lower-highs line, and early Asia has drifted to 1.3266, just above the 1.3261 swing low with EMA20/50 overhead. RSI(14) sits at 44 and ATR is about 4.5 pips, a quiet Asian range.
Support: 1.3261, 1.3255
Resistance: 1.3275, 1.3286
What it said to watch
An M15 close below the 1.3261 swing low breaks the consolidation floor and exposes the 1.3255 london break near the 38.2% fib of the rally.
A close above the 1.3275 asia high clears the lower-highs trendline and puts the 1.3286 day high back in play.
FOMC minutes at 18:00 UTC Wednesday are the next USD catalyst and could materially shift this read.