Lower highs after the NFP drop; Sunday open lifting off the Friday range.
The NFP beat (165K vs 65K) knocked GBP/USD to the 1.3342 nfp low on Friday. The post-print bounce stalled at 1.3377, near the 50% retracement of the drop, and the Friday range then settled around 1.3350. Thin early Asia session trade after a small gap up is pressing 1.3362, just under EMA50, with RSI(14) near 66.
Support: 1.3348, 1.3342
Resistance: 1.3377, 1.3400
What it said to watch
A close above the 1.3377 bounce high breaks the post-NFP lower-high sequence and opens the 1.3400 psych level.
Failure to hold the 1.3348 sunday low returns price to the Friday range and exposes the 1.3342 nfp low.
Asia liquidity is thin until the London open; Bailey (Mon 17:25 UTC) and Monday Fed speakers could materially shift this read.
23:32 UTC
Downtrend post-NFP, stabilising in thin early Asia · RSI 56 · price 1.33572
Lower highs from 1.3463; tight 1.3347–1.3360 range at week open.
The week opened in early Asia with a small gap up from Friday's close. Price is holding a thin 1.3347 range low to 1.3360 open high band, just above EMA20 and below EMA50. Friday's blowout NFP (165K vs 65K) broke 1.3400 to a 1.3342 nfp low, and the nfp bounce stalled at 1.3377, just past the 61.8% retrace of the NFP drop, keeping the lower-high sequence intact.
Support: 1.3347, 1.3342
Resistance: 1.3360, 1.3377, 1.3400
What it said to watch
M15 close above the 1.3360 open high brings the 1.3377 nfp bounce high and the 61.8% NFP-drop retrace back into view
Failure to hold the 1.3347 range low exposes the 1.3342 nfp low and resumes the lower-low sequence
Only a reclaim of the 1.3400 psych level invalidates the post-NFP downtrend read
Asian range still forming on thin Sunday liquidity; Fed's Bowman, Goolsbee and Barkin plus BoE's Bailey (17:25 UTC) on Monday could materially shift this read
23:08 UTC
Downtrend, momentum stalling into the close · RSI 40 · price 1.33473
Lower highs and lower lows; tight late-NY range just above the NFP low.
London broke the Asian range from the 1.3463 session high, and the 165K NFP beat extended the drop from 1.3404 to the 1.3342 NFP low. The NFP bounce stalled at 1.3377, inside the 50–61.8% zone of the NFP leg fib. Friday closed below both EMAs, compressed between the 1.3346 late low and the 1.3357 range top, with RSI(14) near 40.
Support: 1.3346, 1.3342
Resistance: 1.3357, 1.3377, 1.3400
What it said to watch
Monday open: a gap away from the 1.3346–1.3357 range top/late low band resets this read
Break of the 1.3342 NFP low extends the lower-low sequence
Recovery through the 1.3377 NFP bounce high and the 1.3400 round number would end the lower-high structure
Bailey (Mon 17:25 UTC) and Fed speakers Bowman, Goolsbee and Barkin on Monday could shift the read
22:01 UTC
Downtrend, compressing at the lows · RSI 36 · price 1.33473
Lower highs and lower lows; tight late-NY range above the NFP low.
Cable bled lower from the 1.3463 Asia-session high. The blowout NFP print (165K vs 65K) then extended the slide to the 1.3342 NFP low. The bounce stalled at the 1.3377 bounce high, a lower high followed at 1.3374, and late NY compressed into a 1.3346–1.3357 range into the weekly close, with RSI(14) near 36.
Support: 1.3346, 1.3342
Resistance: 1.3357, 1.3377, 1.3400
What it said to watch
A close below the 1.3346 range low and the 1.3342 NFP low extends the lower-low sequence
A move back above the 1.3357 range high and the lower-high trendline near 1.3366 opens a retest of the 1.3377 bounce high
1.3400 round number, the level broken on NFP, caps any recovery attempt
Weekend gap risk at the Asia open; BoE's Bailey speaks Mon 17:25 UTC and could materially shift this read
21:46 UTC
Downtrend, compressing at the lows · RSI 39 · price 1.33473
Lower highs after NFP; tight late-NY range above the session low.
Friday's NFP beat (165K vs 65K) extended the London slide through 1.3400 to the 1.3342 nfp low. The nfp bounce stalled at 1.3377, and lower highs held through NY. The week closed in a 1.3346–1.3357 range, with the range low at the session lows and RSI(14) near 39.
Support: 1.3346, 1.3342, 1.3300
Resistance: 1.3357, 1.3377, 1.3400
What it said to watch
M15 close above the 1.3357 range top and the lower highs line breaks the late-NY compression
Failure to hold the 1.3346 range low and the 1.3342 nfp low extends the lower-low sequence toward the 1.3300 round number
Reclaim of the 1.3377 nfp bounce high needed before broken 1.34 comes back into view
Monday Asia open carries weekend gap risk versus the 1.3347 Friday close
BoE Gov. Bailey Mon 17:25 UTC could materially shift this read
21:31 UTC
Downtrend, compressing into the Friday close · RSI 39 · price 1.33473
Post-NFP lower highs, tight late range above the NFP low.
The 1.3463 Asia high was sold all session. The hot NFP print then broke the 1.3400 round number and set a 1.3342 NFP low during NY hours. The bounce stalled at 1.3377, just shy of the 61.8% retrace of the NFP drop, and late NY compressed into a 1.3346–1.3357 late range, closing Friday on the late low with RSI(14) near 39.
Support: 1.3346, 1.3342
Resistance: 1.3357, 1.3377, 1.3400
What it said to watch
Break below the 1.3342 nfp low extends the post-NFP downtrend sequence
M15 close above the 1.3357 late range top opens the 1.3377 nfp bounce high, with the 1.3400 round number above
Monday reopen gap risk; Fed's Bowman, Goolsbee and Barkin plus BoE's Bailey (Mon 17:25 UTC) could materially shift this read
21:16 UTC
Downtrend, compressing into the weekly close · RSI 39 · price 1.33473
Lower highs and lower lows; tight 11-pip band above the NY session low.
London open broke the Asian range low near 1.3414. The NFP beat (165K vs 65K) then drove GBPUSD to a 1.3342 NY session low. The bounce stalled at the 1.3377 bounce high, near the 61.8% fib, and a lower high at 1.3374 preceded a late slide. Price closed the week pinned between the 1.3346 late low and the 1.3357 band top, with RSI(14) near 39.
Support: 1.3346, 1.3342, 1.3300
Resistance: 1.3357, 1.3377, 1.3400
What it said to watch
Break of the 1.3342 session low extends the lower-low sequence toward the 1.3300 round number
Close above the 1.3357 band top and the lower-high trendline challenges the downtrend; the 1.3377 bounce high is the next pivot
Reclaim of the 1.3400 psych level would negate the post-NFP break
Monday open gap risk; Bailey (Mon 17:25 UTC) and Fed speakers could materially shift this read
21:01 UTC
Downtrend, momentum fading into the close · RSI 33 · price 1.33473
Lower highs and lower lows; late-NY compression just above the day low.
GBP/USD bled lower from the 1.3463 Asian high through London. The NFP beat (165K vs 65K) then drove a 47-pip leg to the 1.3342 day low, and the bounce stalled at the 1.3377 post-NFP high, between the 50% and 61.8% of the NFP leg fib. Late NY compressed in a 10-pip band under the 1.3357 range top and the downtrend line, closing the week just above the day low with RSI(14) near 33.
Support: 1.3342, 1.3300
Resistance: 1.3357, 1.3377
What it said to watch
Break below the 1.3342 day low extends the lower-low sequence and opens the 1.3300 psych level
Close above the 1.3357 range top and the downtrend line would be the first higher high since NFP, with the 1.3377 post-NFP high next
Bailey (Mon 17:25 UTC) and Monday's Fed speakers could materially shift this read; weekend gap risk at the open
20:57 UTC
Downtrend, momentum fading into the weekly close · RSI 40 · price 1.33473
Post-NFP lower highs; tight late-NY range just above the NFP low.
The NFP beat (165K vs 65K) knocked GBPUSD through 1.3400 to an NFP low at 1.3342. The rebound stalled at the post-NFP high of 1.3377, just shy of the 61.8% retrace of the NFP leg, and a lower high at 1.3374 preceded a late-NY grind to 1.3346. Price is now pinned under a 1.3357 range top into the Friday close, with RSI(14) near 40 and ATR compressed to about 5 pips.
Support: 1.3346, 1.3342
Resistance: 1.3357, 1.3377, 1.3400
What it said to watch
A break below the 1.3342 NFP low extends the post-NFP lower-low sequence
Reclaiming the 1.3357 range top and the lower-high line near 1.3374 would neutralise the downtrend read; the 1.3400 round number is the break level
Weekend gap risk at the Monday open; Bailey speaks Mon 17:25 UTC and US CPI follows Tue 13:30 UTC
20:18 UTC
Downtrend, compressing near lows · RSI 33 · price 1.33473
Lower highs since London; tight late-NY range above NFP low.
London broke the Asian range low (1.3414) and the 1.3400 round number. The 165K NFP beat then extended the leg to the 1.3342 NFP low. The post-data bounce high at 1.3377 stalled in the 50–61.8% fib zone, and a lower-highs line now caps price. Into the Friday close, price compressed into a 1.3346–1.3357 range, with the range low tested on the last bar and RSI(14) near 33.
Support: 1.3346, 1.3342
Resistance: 1.3357, 1.3377, 1.3400
What it said to watch
Close below the 1.3342 NFP low extends the lower-low sequence
Hold above the 1.3357 range top brings the 1.3377 bounce high and lower-highs line back into play
Reclaim of the 1.3400 round number would invalidate the post-NFP breakdown read
Monday open gap risk, plus Bailey (Mon 17:25 UTC) and US CPI (Tue 13:30 UTC), could reset this structure
19:22 UTC
Downtrend, compressing into the weekly close · RSI 41 · price 1.33473
Lower highs from 1.3404, tight late-NY range 1.3346–1.3357.
The Asian session high at 1.3463 gave way to London selling through 1.3400, and the NFP beat (165K vs 65K) extended the slide to the 1.3342 nfp low. The nfp bounce stalled at 1.3377, extending the lower-highs line. Late NY compressed under the 1.3357 range top, and price closed the week on the 1.3346 late low with RSI(14) near 41.
Support: 1.3346, 1.3342
Resistance: 1.3357, 1.3377, 1.3400
What it said to watch
A close below the 1.3342 nfp low extends the lower-low sequence beyond the late low
Reclaiming the 1.3357 range top, then the 1.3377 nfp bounce, breaks the lower-highs line
Bailey speaks Mon 17:25 UTC; a hawkish tilt could bring the 1.3400 round number and the 50% of the day range fib into play
A Monday open gap away from 1.3347 resets the late-NY range read