V-shaped rebound from NY low, now tight consolidation.
London sold off from the 1.3247 London high and broke under the Asian low into a 1.3206 NY low. That break failed: price recovered through NY hours as the USD rally paused on Waller's comments and the soft Michigan print. Price is now compressing between the 1.3235 minor low and the 1.3244 late high into the Friday close, with RSI(14) around 63 and ATR near 4 pips.
Support: 1.32354, 1.32293, 1.32056
Resistance: 1.3244, 1.3247, 1.3250
What it said to watch
Close above the 1.3244 late high exposes the 1.3247 london high and the 1.3250 asian high
Failure at the 1.3235 minor low opens a pullback toward the fib 38.2 at 1.3229
Loss of 1.3206 ny low negates the failed-break recovery
Weekend oil/diesel headlines carry gap risk for the open; BoE Breeden speaks Mon 09:30 UTC
Higher lows off the NY low, capped under 1.3244 inside the Asian range.
London broke the bottom of the 1.3227–1.3250 Asian range and the first hour of NY extended the drop to a 1.3206 NY low. Sterling has since rebuilt a higher-low chain as Waller's comment and a pause in US yields offset the Michigan miss. Price is holding just above the ema20 at 1.3235, capped by the late NY high at 1.3244 below the 1.3250 Asian high, with RSI(14) cooling near 60 into the Friday close.
Support: 1.3235, 1.3223, 1.3206
Resistance: 1.3244, 1.3250
What it said to watch
M15 close above the 1.3250 Asian high reclaims the full Asian range
Failure to hold the 1.3223 swing low breaks the higher-low chain from the NY low; the 50% retrace of the recovery sits at 1.3225
Weekend gap risk on oil and diesel headlines; BoE Breeden Mon 09:30 UTC could shift the read at the open
Cable has retraced most of the London sell-off from the 1.3206 day low. It built a higher low at 1.3223 and ground up to a 1.3244 NY high, as Waller's comments and a pause in US yields steadied sterling. Late-NY trade is compressing just under that high with RSI(14) near 70, and the 1.3250 Asian high sits overhead.
Support: 1.32361, 1.32231, 1.32056
Resistance: 1.3244, 1.3250
What it said to watch
Close below the 1.3236 late low breaks the rising trendline and the intraday higher-low chain
Acceptance above the 1.3244 NY high brings the 1.3250 Asian high into play
Loss of the 1.3223 higher low exposes the 61.8% fib near 1.3220 and the 1.3206 day low
Weekend oil and diesel headlines carry Monday open gap risk; BoE Breeden speaks Mon 09:30 UTC
Higher lows since 1.3206, capped under 1.3244–1.3250.
Late NY session Friday: GBPUSD has rebuilt from the 1.3206 session low set just before NY open. It printed a higher low at 1.3223 and a swing low at 1.3236 along a rising trendline as sterling shrugged off the soft Michigan print. Price is pinned at the 78.6% retrace of the Asian high-to-low drop, capped below the 1.3244 NY high with the 1.3250 Asian high above.
Support: 1.32361, 1.3223, 1.32056
Resistance: 1.3244, 1.3250
What it said to watch
M15 close below the 1.3236 swing low and the NY rising trendline breaks the higher-low chain
Close above the 1.3250 Asian high reclaims the full day's range
Thin liquidity into the weekly close; BoE Breeden Mon 09:30 UTC is the next GBP event risk
London sold through the 1.3227 Asian range floor to a 1.3206 session low into the NY open. Cable then built higher lows back into the Asian range as US yields paused after Waller's comments, while the Michigan miss had little net effect. Late NY Friday, price is pinned just under the 1.3244 session high, near the 78.6% fib of the 1.3250 Asian high to 1.3206 drop, with the rising trendline beneath.
Support: 1.3223, 1.3206
Resistance: 1.3244, 1.3250
What it said to watch
M15 close above the 1.3250 Asian high clears the full drop and the Asian range top
Break of the rising trendline and the 1.3223 ny swing low ends the higher-low chain
Below 1.3223, the 1.3206 session low is the next reference
Thin late-Friday liquidity and the weekend gap; BoE Breeden and Mann on Monday could shift this read
19:31 UTC
Intraday recovery, higher lows off the day low · RSI 67 · price 1.32407
HH/HL chain since NY open, pressing the NY high.
Cable slid from the 1.3250 Asian high to a 1.3206 day low into the NY open. The NY rebound since then has printed higher lows, with the 1.3223 higher low holding, and price is now retesting the 1.3244 NY high with RSI(14) near 67. The Michigan sentiment miss (46.3) barely moved the pair.
Support: 1.32373, 1.32231, 1.32056
Resistance: 1.3244, 1.3250
What it said to watch
M15 close above the 1.3244 NY high puts the 1.3250 Asian high in play
Break of the 1.3237 pullback low and the rising trendline stalls the higher-low chain
Loss of the 1.3223 higher low reopens the 1.3206 day low
Thin liquidity into the Friday close. Monday's BoE Breeden and Mann speeches could shift the read
19:17 UTC
Intraday uptrend off the day low, momentum flattening · RSI 69 · price 1.32408
Higher-low chain through NY hours, capped below Asia high.
Cable has climbed in a steady higher-low chain from the 1.3206 day low set around the NY open as US yields eased. The weak Michigan print (46.3) and higher inflation expectations barely moved it. Price has retraced ~79% of the drop from the 1.3250 Asia high, with a wick rejection at the 1.3244 NY high and RSI(14) cooling near 69 into a thin late-Friday tape.
Support: 1.3235, 1.3223, 1.3206
Resistance: 1.3244, 1.3250
What it said to watch
Close above the 1.3250 Asia high reclaims the full day's range
Break below the 1.3235 higher low snaps the NY higher-low chain
Loss of the 1.3223 swing low and the rising trendline returns the read to range
Late-Friday liquidity thins into the weekly close; Monday BoE Breeden/Mann could move the open
19:02 UTC
Intraday recovery, higher lows since NY open · RSI 63 · price 1.32415
V-recovery from 1.3206 low, testing London high zone.
London sold off from the 1.3247 london high to a 1.3206 session low into the NY open. NY has since printed a higher low at 1.3223 and cleared the 1.3236 prior high late in NY hours, retracing roughly 85% of the London selloff. The Michigan miss (46.3) alongside firmer inflation expectations left little lasting imprint, and RSI(14) at ~63 is not stretched.
Support: 1.3236, 1.3223, 1.3206
Resistance: 1.3247, 1.3250
What it said to watch
Break and hold above the 1.3247 london high and 1.3250 asian high would put the full London selloff retraced
Slip back below the 1.3236 prior high turns the late-NY push into a false break
Loss of the 1.3223 higher low breaks the NY rising lows trendline
Friday late NY into weekend close; Monday BoE Breeden/Mann and Fed Hammack could reset the read
18:47 UTC
Intraday recovery, higher lows since NY morning · RSI 60 · price 1.32372
HH/HL chain off 1.3206 day low, testing 78.6% fib.
London broke below the Asian range and printed a 1.3206 day low early in NY hours. Cable then recovered as yields eased and the Michigan miss landed, with NY building higher lows along a rising trendline. Price has cleared the 1.3235 prior high and is pressing the 1.3239 session high at the 78.6% level of the London decline fib, RSI(14) near 60.
Support: 1.3235, 1.3223, 1.3206
Resistance: 1.3239, 1.3247, 1.3250
What it said to watch
M15 close above the 1.3239 session high exposes the 1.3247 london high and the 1.3250 asian high
Loss of the 1.3235 prior high and the rising trendline returns focus to the 1.3223 swing low
Break of the 1.3223 swing low unwinds the NY higher-low chain and reopens the 1.3206 day low
Late-Friday liquidity is thin; Monday's BoE Breeden/Mann remarks are the next GBP driver
18:32 UTC
Intraday recovery, higher lows off the NY low · RSI 61 · price 1.32364
Higher-low chain from 1.3206, testing the NY high below London/Asian highs.
The London-NY selloff from the 1.3247 London high bottomed at the 1.3206 NY low as US yields eased. Late-NY price has since built a higher low at 1.3223 and is pressing the 1.3238 NY high, near the 78.6% retrace of that selloff, with the Michigan miss leaving little follow-through and RSI(14) around 61.
Support: 1.3223, 1.3206
Resistance: 1.3238, 1.3247, 1.3250
What it said to watch
M15 close above the 1.3238 ny high extends the higher-low chain toward the 1.3247 london high and 1.3250 asian high
Break of the 1.3223 higher low ends the recovery structure and puts the 1.3206 ny low back in play
Thin late-Friday NY trade into the weekend; Monday BoE Breeden (09:30 UTC) and Mann (12:50 UTC) could shift the open
18:17 UTC
Intraday recovery, higher lows off day low · RSI 63 · price 1.32373
HL chain from 1.3206; testing upper half of day range.
The day low at 1.3206 was rejected during the London-NY transition. Cable has since built higher lows at 1.3223 along the recovery trendline and is back above the 61.8% fib of the sell-off from the 1.3250 asian high. The Michigan miss was offset by firmer inflation expectations, leaving the dollar reaction muted, and late NY is pressing toward the 1.3247 london high.
Support: 1.3233, 1.3223, 1.3206
Resistance: 1.3247, 1.3250
What it said to watch
M15 close below the 1.3223 higher low breaks the recovery trendline and the HL chain
Failure to hold the 61.8% fib at 1.3233 returns price to the mid-range chop
Clearance of the 1.3247 london high and 1.3250 asian high puts price above the full day's range
Thin late-Friday NY liquidity; next scheduled risk is Monday BoE Breeden/Mann and Fed Hammack
18:02 UTC
Recovering off day low, higher lows · RSI 57 · price 1.32345
HL chain from 1.3206, pressing ny high 1.3236.
London faded from the 1.3247 london high through the Asian range low to a 1.3206 day low at the London-NY transition. NY has rebuilt a higher-low chain off that low along a rising trendline, and price now sits back inside the 1.3226–1.3250 Asian range, testing the 1.3236 ny high and the 61.8% retrace of the day's drop. The Michigan sentiment miss and firmer inflation expectations left little mark, consistent with a USD-led, two-way tape.
Support: 1.32231, 1.32056
Resistance: 1.32356, 1.3247, 1.3250
What it said to watch
M15 close above 1.3236 ny high opens the 1.3247 london high and the 1.3250 asian high
Break of the rising trendline and the 1.3223 higher low puts the 1.3206 day low back in focus
Thin late-Friday trade after London close; Monday's BoE Breeden (09:30 UTC) and Mann speeches could reset the read
London break of Asian low to 1.3206, higher lows since, capped at 61.8% fib.
London broke the Asian range low near 1.3231 and the slide extended to a 1.3206 NY low. The rebound has printed higher lows at 1.3223 but is capped by the rebound high at 1.3236, just above the 61.8% fib of the 1.3247–1.3206 drop, and the Michigan sentiment miss left cable flat. Late NY on Friday, price is compressing on the EMA50 with ATR near 5 pips.
Support: 1.3223, 1.3206
Resistance: 1.3236, 1.3250
What it said to watch
Close above the 1.3236 rebound high reclaims the Asian range and exposes the 1.3250 Asian high
Failure at the 1.3223 higher low breaks the rising support line and puts the 1.3206 NY low back in play
Friday close into the weekend; Monday BoE Breeden and Mann speeches could reset the range
17:32 UTC
Neutral, rebound stalling · RSI 55 · price 1.3230
Higher lows vs lower highs, compressing 1.3223–1.3236.
Cable slid from the London morning 1.3247 to a 1.3206 session low around NY open. It rebounded as US yields paused, and the Michigan miss (46.3) left little lasting mark. Since London close, price is compressing at the 61.8% fib of that drop, with higher lows at 1.3223 under lower highs from the 1.3236 NY high. RSI(14) is neutral near 55, price is pinned at EMA50, and it remains below the 1.3250 Asian high.
Support: 1.3223, 1.3206
Resistance: 1.3236, 1.3250
What it said to watch
M15 close above the 1.3236 NY high breaks the lower-highs line and exposes the 1.3250 Asian high
Failure to hold the 1.3223 higher low breaks the rising-lows line and reopens the 1.3206 session low
Thin late-NY Friday tape into the weekly close; BoE Breeden and Mann speeches on Monday are the next scheduled risk
Higher lows off 1.3206 ny low, compressing under 1.3236.
London faded from 1.3247 and broke the Asian range low, extending to a 1.3206 ny low early in the NY session before rebounding to the 61.8% fib near the 1.3236 rebound high. Price was little changed after the Michigan sentiment miss (46.3) and higher inflation expectations. Since then it has compressed between the 1.3223 range floor and 1.3236 on a rising trendline. RSI(14) is neutral at 52 and price sits on EMA50.
Support: 1.3223, 1.3206
Resistance: 1.3236, 1.3250
What it said to watch
M15 close above the 1.3236 rebound high clears the 61.8% fib and opens the asian high at 1.3250
Break of the 1.3223 range floor and the rising trendline exposes the 1.3206 ny low
Late Friday NY hours with thinning liquidity; next GBP risk is Monday's BoE Breeden and Mann speeches
17:01 UTC
Intraday downtrend, flattening late NY · RSI 54 · price 1.32274
Lower highs from 1.3250 Asian high; post-NY bounce capped at 1.3236.
London faded from just under the 1.3250 Asian high in a series of lower highs, and the slide ran into the NY open low at 1.3206 before a bounce stalled at the 1.3236 rebound high, near the 61.8% retracement. The Michigan sentiment miss alongside firmer inflation expectations left cable flat, and late NY on Friday is now rotating in a tight 1.3223–1.3236 band above the range floor.
Support: 1.3223, 1.3206
Resistance: 1.3236, 1.3250
What it said to watch
M15 close above the 1.3236 rebound high breaks the lower-high sequence and puts the 1.3250 Asian high back in view
Loss of the 1.3223 range floor reopens the 1.3206 NY low
Weekend gap risk into Monday BoE Breeden and Mann remarks could reset this intraday read
London broke the Asian range low; NY bounce capped below the 61.8% of the London drop, 1.3223–1.3236 box.
Price failed under the 1.3250 Asian high during London, then broke the Asian range low and fell to a 1.3206 session low as USD firmed into NY. The rebound has stalled in a 1.3223–1.3236 box, with three rejections near 1.3232, the 61.8% of the London drop. RSI(14) is flat at 49 and price sits just under EMA50, with the NY high at 1.3236 overhead.
Support: 1.3223, 1.32056
Resistance: 1.32356, 1.3250
What it said to watch
M15 close above the 1.3236 NY high clears the 61.8% cap and puts the 1.3250 Asian high back in play
Failure to hold the 1.3223 NY floor reopens the 1.3206 session low
Friday late-NY liquidity thinning; no scheduled UK/US data in the next 8h, next catalyst is BoE Breeden Mon 09:30 UTC
Asian range broken lower; lower high at 1.3236, tight 1.3223–1.3236 late-NY range.
London faded from the 1.3247 london high and broke below the Asian range low near 1.3226. The decline reached a 1.3206 session low early in NY as USD firmed despite the UoM miss. The rebound off the higher low at 1.3216 was capped at the 1.3236 ny high, and price is now at the 50% of the London-NY decline fib, sitting on the 1.3223 ny floor with RSI(14) near 44 and EMA20 flat overhead.
Support: 1.3223, 1.3216, 1.3206
Resistance: 1.3236, 1.3247, 1.3250
What it said to watch
M15 close below the 1.3223 ny floor exposes the 1.3216 higher low and the 1.3206 session low
M15 close above the 1.3236 ny high reopens the 1.3247 london high and the 1.3250 asian high
Late-NY Friday trade after London close; no scheduled GBP/USD data before Breeden on Mon 09:30 UTC
Lower highs from 1.3250; higher lows off 1.3206, compressing.
Asia printed the 1.3250 asian high. London failed below it at 1.3247, then broke the Asian range low. The slide ran to a 1.3206 session low early in NY as the USD recovered. The rebound through the 1.3216 pivot low held a higher-low chain but met rejection at the 1.3232–1.3236 rebound cap, near the 61.8% fib. Late NY on Friday, price is pinned on the 1.3224 higher low.
Support: 1.3224, 1.3216, 1.3206
Resistance: 1.3236, 1.3250
What it said to watch
M15 close below the 1.3224 higher low breaks the rising lows, exposing the 1.3216 pivot low and then the 1.3206 session low
Close above the 1.3236 rebound cap (61.8% fib) reopens the 1.3250 asian high
Thin late-Friday liquidity; weekend headline risk (Iran/oil, yields) could gap the open
Asian range low lost in London; NY rebound capped below 61.8% fib.
London broke the Asian range low near 1.3227, and the sell-off extended to a 1.3206 session low in early NY. That low held just above the 1.3204 prior low. The rebound came on softer US yields and the UoM miss, but stalled at the 61.8% fib of the sell-off just under the 1.3236 NY high, leaving price retesting the old Asia low from below with RSI(14) near 53.
Support: 1.3223, 1.3206, 1.3204
Resistance: 1.3236, 1.3247, 1.3250
What it said to watch
M15 close above the 1.3236 NY high would clear the 61.8% fib and expose the 1.3247 London high and the 1.3250 Asia high
Failure to hold the 1.3223 higher low turns focus back to the 1.3206 session low and 1.3204 prior low
Thin liquidity after London close into the weekend; next scheduled risk is BoE Breeden on Mon 09:30 GMT
15:47 UTC
Intraday down leg, NY rebound stalling · RSI 54 · price 1.32271
Asia high 1.3250 faded; NY higher lows off 1.3206, capped at 61.8% fib.
The Asia session rally topped at the 1.3250 Asia high. London faded it, breaking the London range lower and extending to a 1.3206 session low in the first hour of NY, just above yesterday's 1.3203 low. The rebound on broad USD softness after the Michigan miss has built higher lows but met rejection at the 1.3236 NY high near the 61.8% fib, with RSI(14) neutral around 54.
Support: 1.3223, 1.3206
Resistance: 1.3236, 1.3250
What it said to watch
M15 close below the 1.3223 higher low breaks the NY recovery sequence and exposes the 1.3206 session low
Acceptance above the 1.3236 NY high / 61.8% fib reopens the 1.3250 Asia high
After London close on a Friday with no scheduled UK/US data in the next 8h, US yields remain the swing factor
False break below Asian low; higher-low chain off the NY-open low.
London faded from the 1.3247 london high and broke the Asian range low. The drop bottomed at the 1.3206 session low around the NY open, just above yesterday's 1.3203 low. NY has since printed a higher low at 1.3223 as USD softened after the Michigan miss, and price is back inside the Asian range, pressing the 1.3234 swing high at the 61.8% fib of the London sell-off.
Support: 1.3223, 1.3206
Resistance: 1.3234, 1.3247, 1.3250
What it said to watch
M15 close above the 1.3234 swing high clears the 61.8% fib and exposes the 1.3247 london high
Acceptance above the 1.3250 asian high would put price back at the top of the day's range
Loss of the 1.3223 higher low breaks the NY rebound line and reopens the 1.3206 session low
Late-Friday NY liquidity thins; next scheduled USD risk is Fedspeak Monday ahead of Wed CPI
15:17 UTC
Intraday downtrend, rebounding off NY low · RSI 52 · price 1.32296
Asian range broken lower in London; NY low 1.3206 followed by higher lows into Asian low retest.
London broke the 1.3226–1.3250 Asian range lower and NY extended to a 1.3206 session low, just shy of the 1.3203 prior-day low. The rebound gathered pace around the Michigan sentiment miss and is now retesting the Asian low from above, with a double rejection at the 1.3232 rebound high and the 61.8% of the Asian high to NY low fib overhead.
Support: 1.3226, 1.3206, 1.3203
Resistance: 1.3232, 1.3250
What it said to watch
M15 close above the 1.3232 rebound high reopens the Asian range toward the 1.3250 Asian high
Loss of the NY rebound support and 1.3226 Asian low puts the 1.3206 session low and 1.3203 prior low back in focus
Late Friday NY hours after London close: thinner liquidity can distort the session range
15:02 UTC
Intraday down leg from 1.3250, NY bounce stalling · RSI 49 · price 1.32263
Higher lows off the 1.3206 NY low, capped at 1.3232.
London unwound the Asian high at 1.3250. A second failure at the 1.3247 London high fed the slide into a 1.3206 NY low, just above yesterday's 1.3203 prior low. The bounce after the soft Michigan print has printed higher lows along the NY rising line, but the NY cap at 1.3232 (ema50, 61.8% of the London–NY drop) rejected three times, leaving price pinned on ema20 with RSI(14) near 49.
Support: 1.32232, 1.32056, 1.32034
Resistance: 1.32323, 1.3247, 1.3250
What it said to watch
M15 close above the 1.3232 NY cap opens the 1.3247 London high and the 1.3250 Asian high
Break of the NY rising line and the 1.3223 higher low puts the 1.3206 NY low and 1.3203 prior low back in play
No scheduled UK/US events in the next 8h; Treasury yields remain the main driver into the late-Friday NY session
14:47 UTC
Intraday pullback, NY rebound stalling at resistance · RSI 51 · price 1.32297
Lower high from Asian high; higher low 1.3216 off 1.3206 session low.
London broke below the asian low at 1.3227 and ran to a 1.3206 session low, holding just above the 1.3203 prior low. The NY rebound came as USD eased with softer Treasury yields, printing a higher low at 1.3216 for rising support. Price is now back at the 1.3231 ema50/61.8% confluence of the 1.3247–1.3206 drop, with RSI(14) neutral near 51 and ATR around 7 pips.
Support: 1.3227, 1.3206, 1.3203
Resistance: 1.3231, 1.3247, 1.3250
What it said to watch
M15 close above 1.3231 ema50/61.8% opens the london high 1.3247 and asian high 1.3250
Close back below the asian low 1.3227 breaks rising support and exposes the 1.3206 session low and 1.3203 prior low
Friday NY afternoon liquidity thins into the close; Iran or Treasury-yield headlines could jolt the range
London broke below the 1.3221 Asian low and extended to 1.3206 near the NY open, matching yesterday's 1.3203 low. Price then rebounded 25 pips into a double bottom as USD eased on softer Treasury yields. Price has reclaimed the Asian low and EMA20 on a rising rebound line and is testing the 61.8% retrace of the London-NY decline near 1.3231, just under the prior NY high at 1.3234.
Support: 1.3221, 1.3205
Resistance: 1.3234, 1.3250
What it said to watch
M15 close above 1.3234 prior NY high opens the path to the 1.3250 day high
Loss of the rebound line and the 1.3221 Asian low re-exposes the 1.3205 double btm
Reaction to the 14:00 UTC UoM inflation expectations is still settling; a firm 1-yr print reviving yields would pressure the rebound
Lower highs from 1.3250; potential double bottom 1.3203-06.
London capped below the 1.3247 london high, then broke the Asian range low near 1.3226 and printed a 1.3206 session low early NY. That low sits just above yesterday's 1.3203 prior low, a potential double bottom. The bounce has formed a 1.3216 higher low and is stalling below the 1.3234 lower high, which lines up with the 61.8% retracement of the drop from the 1.3250 asian high; RSI(14) is neutral near 51.
Support: 1.3216, 1.3206, 1.3203
Resistance: 1.3234, 1.3247, 1.3250
What it said to watch
M15 close above the 1.3234 lower high breaks the intraday lower-high sequence and reopens the 1.3247 london high and 1.3250 asian high
Loss of the 1.3216 higher low puts the 1.3206 session low and 1.3203 prior low double bottom back under test
Reaction to Michigan sentiment and UoM 1-yr inflation expectations (14:00 UTC) via US yields could shift this read in the NY session
13:47 UTC
Intraday downtrend, early NY bounce · RSI 38 · price 1.3220
Lower highs and lower lows since 08:15 UTC, holding above prior low.
Price failed to hold Asian-range strength. London faded from 1.3247 to a 1.3206 session low, just above yesterday's 1.3203 prior low, with lower highs printing along the falling trendline as USD steadied after its two-day correction. The early-NY bounce was rejected at the 1.3224 bounce high, which lines up with the 38.2% fib of the asian high-to-session low move.
Support: 1.3206, 1.3203, 1.3184
Resistance: 1.3224, 1.3234, 1.3250
What it said to watch
Michigan sentiment and 1y/5y inflation expectations at 14:00 UTC could materially shift this read
M15 close below the 1.3206 session low and 1.3203 prior low extends the lower-low sequence toward the 1.3184 3m low
Close above the 1.3224 bounce high and the falling trendline breaks the lower-high chain
Reclaim of the 1.3234 lower high reopens the 1.3250 asian high
Lower highs from 1.3250, Asian range broken lower.
London stalled at a 1.3247 london high under the 1.3250 Asian high. It then broke the 1.3227 asian low and printed lower highs into a 1.3206 day low during early NY, just above yesterday's 1.3203 swing low. The bounce is capped near the 38.2% of the London drop around 1.3221, with RSI(14) at 41 and USD steadying ahead of Michigan.
Support: 1.32056, 1.3184
Resistance: 1.3227, 1.32342, 1.3247
What it said to watch
Michigan sentiment and 1y/5y inflation expectations at 14:00 UTC could materially shift this read
M15 close back above the 1.3227 asian low and 1.3234 lower high breaks the lower-high sequence
Failure to hold the 1.3206 day low exposes the 1.3184 3m low
13:17 UTC
Intraday downtrend, early NY bounce · RSI 37 · price 1.32177
Asian range broken lower; lower highs since London open.
London rolled over from the 1.3250 asian high and broke the 1.3227 asian low as USD steadied. NY extended to a 1.3206 session low, just above the 1.3203 prior low, before a 12-pip bounce. Price sits below the descending trendline and under the 1.3227 asian low, which lines up with the 38.2% fib of the 1.3250–1.3206 drop; RSI(14) is near 37.
Support: 1.3206, 1.3203
Resistance: 1.3227, 1.3234, 1.3250
What it said to watch
M15 close back above the 1.3227 asian low and 38.2% fib negates the range break
A push through the 1.3234 lower high breaks the descending trendline sequence
Failure at the 1.3206 session low and 1.3203 prior low extends the lower-low chain
US Michigan sentiment and inflation expectations at 14:00 UTC (~45 min) could materially shift this read
Lower highs from 1.3250; Asian range broken lower.
Lower highs have stepped down from the 1.3250 Asian high. Late London broke the 1.3227 Asian low, and the first hours of NY extended the move to a 1.3206 session low. The 12:45 UTC bar was rejected there on a long lower wick, just above the 1.3203 prior low, with RSI(14) near 31 as the dollar recovers into Michigan sentiment.
Support: 1.3206, 1.3203
Resistance: 1.3227, 1.3234, 1.3250
What it said to watch
Michigan sentiment and 1y/5y inflation expectations at 14:00 UTC could materially shift this read
M15 close back above the 1.3227 asian low (38.2% fib of the asian high to session low drop) negates the range break
Close above the 1.3234 lower high (61.8% fib) breaks the lower-high chain
Failure to hold the 1.3206 session low exposes the 1.3203 prior low and extends the lower-low sequence
12:47 UTC
Intraday downtrend, lower highs since London · RSI 29 · price 1.32126
Lower highs and lower lows below the broken Asian low.
London capped at the 1.3247 London high, then cut below the Asian low near 1.3226 as the dollar firmed into NY. The 1.3234 swing high marked another lower high, and the extension to 1.3211 leaves price near the prior NY low at 1.3203, with RSI(14) near 29 but not extreme.
Support: 1.32034, 1.3200
Resistance: 1.32261, 1.32342, 1.3247
What it said to watch
US UoM sentiment and inflation expectations at 14:00 UTC (~75 min) could materially shift this read
An M15 close back above the Asian low at 1.3226, near the fib 38.2%, would mark a false break of the Asian range
A close above the 1.3234 swing high breaks the lower-high chain
Failure to hold the prior NY low at 1.3203 exposes the 1.3200 round number
Lower highs since Asian high, Asian range broken lower.
London capped at 1.3247, just under the 1.3250 Asian high, then broke the Asian low near 1.3226 at 10:45 UTC. A 1.3234 lower high followed, and price is now flat at the 1.3216 session low late in London, RSI(14) near 33. The move pares part of the Waller- and yields-led rebound ahead of the UoM release.
Support: 1.3216, 1.3197, 1.3184
Resistance: 1.3226, 1.3234, 1.3250
What it said to watch
M15 close back above the 1.3234 lower high, near the 50% retrace of the Asian high fade, breaks the lower-high sequence
Failure to hold the 1.3216 session low exposes the 1.3197 prior low and the 1.3184 3m low
Reclaim of the 1.3226 Asian low puts price back inside the Asian range
UoM sentiment and inflation expectations at 14:00 UTC (~90m) could materially shift this read
12:17 UTC
Intraday downtrend, lower highs since London · RSI 32 · price 1.32192
LH/LL chain, Asian range broken to downside.
London faded from its 1.3247 london high into a lower-high/lower-low sequence. Into the NY open it broke the asian low at 1.3226 and printed a session low at 1.3218, with the dollar firming off its yield-driven lows. The latest bounce stalled at the 1.3234 lower high, near the 50% fib of the 1.3250–1.3218 drop.
Support: 1.32178, 1.3200, 1.3184
Resistance: 1.32261, 1.32342, 1.3247
What it said to watch
M15 close back above the 1.3226 asian low returns price to the Asian range
Close above the 1.3234 lower high breaks the LH/LL chain and the falling lower-highs line
Failure to hold the 1.3218 session low exposes the 1.3200 round number and this week's 1.3184 week low
UoM sentiment and inflation expectations at 14:00 UTC (~1h45m) could materially shift this read
12:02 UTC
Intraday downtrend, lower highs since Asia · RSI 36 · price 1.3227
Asian range broken lower; retest of broken low.
London failed twice below the 1.3250 Asian high, printing a 1.3247 London high. The 10:45 UTC leg then broke the 1.3227 Asian low to a 1.3222 session low. The bounce stalled at the 1.3234 bounce high near the 38.2% fib, and price is now retesting the broken Asian low into the NY open with RSI(14) near 36. The USD yield-driven correction has paused for now.
Support: 1.3222, 1.3197
Resistance: 1.3234, 1.3247, 1.3250
What it said to watch
Failure to hold the 1.3222 session low exposes the 1.3197 swing low
M15 close above the 1.3234 bounce high and 38.2% fib reopens the 1.3247 London high
Close back above the 1.3250 Asian high, through the lower-highs trendline, negates the range break
US UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
11:47 UTC
Intraday downtrend, lower highs through London · RSI 37 · price 1.32278
London failed below the Asian high and broke under the Asian low; weak bounce capped near the 50% fib.
London capped below the Asian high at 1.3250. It printed lower highs from the 1.3247 London high, then flushed to a 1.3222 London low under the Asian low despite the broader USD correction. The bounce stalled at the 1.3234 bounce high, near the 50% fib of the London leg, and price sits back on the Asian low at 1.3226, under both EMAs with RSI(14) near 37.
Support: 1.3226, 1.3222, 1.3203
Resistance: 1.3234, 1.3247, 1.3250
What it said to watch
M15 close above the 1.3234 bounce high and the lower-highs trendline breaks the London sell-off sequence
Failure to hold the Asian low at 1.3226 and the London low at 1.3222 opens the prior low at 1.3203
Recovery through the 1.3247 London high toward the 1.3250 Asian high returns price to the Asian range
US UoM sentiment and inflation expectations at 14:00 UTC, plus Fed's Collins, could materially shift this read into the NY session
London met another rejection at the 1.3247–1.3250 range top, then dipped through the Asian low at 1.3227 to a 1.3222 session low before reclaiming it, a false break that leaves the pair just below EMA20 at 1.3232. The broader USD pullback on easing oil and yields is cushioning dips, but each push higher since Asia has capped as a lower high near 1.3242.
Support: 1.3227, 1.3222, 1.3203
Resistance: 1.3242, 1.3250
What it said to watch
M15 close back below 1.3222 session low turns the Asian-low false break into a range break, exposing the 1.3203 prior low
Close above the 1.3242 lower high breaks the lower-highs trendline and reopens the 1.3250 range top
US UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
Fib 61.8% of the London drop near 1.3239 sits just under the lower high, the first area to watch for rejection or break
11:17 UTC
Intraday pullback, lower highs since 06:00 UTC · RSI 34 · price 1.32266
Double top at 1.3250/1.3247, London low broken, testing overnight lows.
London never cleared the 1.3250 asian high. The 1.3247 retest formed a double top, and the London decline broke the 1.3231 london low at 10:45 UTC as the earlier lift from the US yield pause faded. The 1.3221 swing low is holding for now, with RSI(14) near 34 and price below both EMAs.
Support: 1.3221, 1.3203
Resistance: 1.3231, 1.3250
What it said to watch
M15 close back above the 1.3231 london low would make the break a false break and return price to the range
Failure to hold the 1.3221 swing low exposes yesterday's 1.3203 ny low
A rebound into 1.3236–1.3239 (50–61.8% of the London decline) along the lower highs line is the area to watch for rejection
Reclaiming the 1.3250 asian high would void the double top
UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read via US yields
11:02 UTC
Short-term down; overnight advance under test · RSI 35 · price 1.32248
Lower highs under 1.3250, London range broken lower.
London stalled with lower highs under the 1.3250 Asian high. Late in the session a 13-pip bar broke the London range and the 1.3231 Asian low, printing 1.3222 at the 61.8% fib of the NY-to-Asia advance, which also matches the overnight low. RSI(14) near 35 and price sits below both EMAs; the USD yield pause behind this week's cable bounce now faces UoM data in the NY session.
Support: 1.3221, 1.3203
Resistance: 1.3231, 1.3250
What it said to watch
M15 close back above 1.3231 asian low would mark the break as a false break
Failure to hold the 1.3221 61.8% fib exposes the 1.3203 ny swing low
Only a reclaim of the 1.3250 asian high revives the overnight HH/HL chain
UoM sentiment and 1Y/5Y inflation expectations at 14:00 UTC, plus Fed's Collins, could materially shift this read
Lower highs from 1.3250 pressing a flat 1.3231–1.3235 base.
Mid-London, cable topped at the 1.3247 London high, just under the 1.3250 Asian high. A string of lower highs down to 1.3242 has followed, and price is now testing the 1.3231 London low, at the 38.2% retracement of the 1.3203–1.3250 leg. The USD pullback that lifted the pair yesterday is stalling, and price sits below both EMAs with RSI(14) near 38.
Support: 1.3231, 1.3221, 1.3203
Resistance: 1.3242, 1.3247, 1.3250
What it said to watch
M15 close below the 1.3231 London low exposes the 1.3221 rollover low, which lines up with the 61.8% retracement.
Failure at 1.3221 opens a move back toward the 1.3203 swing low.
Close above the 1.3242 lower high trendline shifts focus back to the 1.3247 London high and 1.3250 Asian high.
US UoM sentiment and 1y/5y inflation expectations at 14:00 UTC could materially shift this read.
Range 1.3231–1.3250 since Asia, London highs capped below the Asian high.
The softer-dollar Asia push topped at the 1.3250 Asian high. Since then cable has held a 1.3231–1.3250 range, with the 1.3231 swing low sitting on the 38.2% fib of the prior low–Asian high leg. Mid-London, two rejections at the 1.3247 London high leave price drifting in the lower half below both EMAs, with RSI(14) neutral at 46.
Support: 1.3231, 1.3221, 1.3203
Resistance: 1.3247, 1.3250, 1.3280
What it said to watch
M15 close above the 1.3250 Asian high breaks the range and opens the 1.3280 range cap
Failure to hold the 1.3231 swing low exposes the 1.3221 late NY low, then the 1.3203 prior low
US UoM sentiment and inflation expectations at 14:00 UTC (early NY session) could break the range either way
Lower highs from Asia high vs higher lows from session low, tightening.
Mid-London, GBPUSD is coiling inside 1.3231–1.3250. Supply caps below the asia high at 1.3250, where yesterday's NY peak at 1.3248 also sits, with the london high at 1.3247 a lower high. Dips have held above the 06:45 UTC session low at 1.3231 and the london low at 1.3235, while the softer USD after Trump's Iran comments keeps price pinned near the top of the band. RSI(14) ~54 and ATR ~6 pips show compression.
Support: 1.3235, 1.3231
Resistance: 1.3247, 1.3250, 1.3280
What it said to watch
M15 close above the 1.3250 asia high breaks the compression and exposes the 1.3280 range cap
Break below the 1.3235 london low and the 1.3231 session low ends the higher-low sequence
US UoM sentiment and inflation expectations at 14:00 UTC (NY session) could materially shift this read
1.3231–1.3250 range through Asia and London, top capped repeatedly.
GBPUSD has held a 1.3231–1.3250 band through Asia and early London. The asian high at 1.3250 (yesterday's 1.3248 peak) rejected again at 1.3247 this morning, while dips stalled at the 1.3235 session low, just above the fib 38.2 of the 1.3203 swing low to 1.3250 leg. Higher lows from the Asian trendline remain intact as the softer USD tone on easing Treasury yields lingers.
Support: 1.3235, 1.3231, 1.3203
Resistance: 1.3250, 1.3280
What it said to watch
M15 close above the 1.3250 asian high breaks the range top and opens the 1.3280 range cap
M15 close below the 1.3231 fib 38.2 breaks the rising trendline and exposes the 1.3203 swing low
US UoM sentiment and inflation expectations at 14:00 UTC, plus Fed's Collins, could materially shift this read
09:47 UTC
Higher lows, momentum flat under range high · RSI 53 · price 1.32394
1.3231–1.3250 range above a rising trendline.
Mid-London session, GBP/USD was rejected at 1.3247, just under the 1.3248–1.3250 range high printed in NY yesterday and again in Asia, after the dollar's yield-led slide carried price up from 1.3184. The pullback held the rising trendline near 1.3235 above the 1.3231 pre-London low; RSI(14) is neutral at 53 and price sits on EMA20.
Support: 1.3235, 1.3231, 1.3221
Resistance: 1.3250, 1.3280
What it said to watch
M15 close above the 1.3250 range high breaks the range and opens the 1.3280 range cap
Close below the 1.3231 pre-London low breaks the trendline and higher-low chain, exposing the 1.3221 swing low
US UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
Softer US yields and a weaker dollar carried cable to the 1.3250 range top. It has been rejected there four times since yesterday's NY session, with the London high at 1.3247 a fresh lower high. Price is sitting on the 50% retracement of the Asian-range rally at 1.3238, between the london low at 1.3235 and the 1.3231 swing low, with RSI(14) neutral near 52.
Support: 1.3235, 1.3231, 1.3226
Resistance: 1.3247, 1.3250
What it said to watch
M15 close above the 1.3250 range top breaks the cap and the lower-highs sequence
Loss of the 1.3231 swing low exposes the asian low at 1.3226 and the 61.8% of the Asian-range fib is already broken
US UoM sentiment and inflation expectations at 14:00 UTC, plus Fed's Collins, could materially shift this read
09:17 UTC
Range, London fading from the top · RSI 44 · price 1.32366
Asian range 1.3226–1.3250 intact; London lower high at 1.3247, testing lows.
GBP/USD held inside its Asian range as softer US yields kept the pair near 1.3250. Supply capped London at the 1.3247 London high, just under the 1.3250 Asian high, a level also tested in yesterday's NY session. Price is back on the London low at 1.3235, the 61.8% of the Asian range fib, sitting below EMA20 and on EMA50 with RSI(14) at 44.
Support: 1.32351, 1.32311, 1.32261
Resistance: 1.3247, 1.3250
What it said to watch
M15 close below the 1.3231 swing low exposes the 1.3226 Asian low and breaks the Asian range read
Recovery above the 1.3247 London high reopens a test of the 1.3250 Asian high
US UoM sentiment and inflation expectations at 14:00 UTC, plus Fed's Collins, could shift this read in NY hours
1.3231–1.3250 range, lower high at 1.3247 under the 1.3250 session high.
Early London pushed back into the 1.3247 london high but stalled below the 1.3250 session high set late in Asia. The latest bar is back mid-range near 1.3238, with RSI(14) in the mid-40s as the USD pullback pauses. The 1.3231 swing low held near the 38.2% retracement of yesterday's leg from the 1.3203 prior low to 1.3250.
Support: 1.32311, 1.32034
Resistance: 1.3247, 1.3250, 1.3280
What it said to watch
M15 close above the 1.3250 session high breaks the range and brings the 1.3280 range cap into view
Failure to hold the 1.3231 swing low opens the 50% fib near 1.3227 and then the 1.3203 prior low
A third rejection under the 1.3247 london high extends the lower-high sequence
US UoM sentiment and inflation expectations at 14:00 UTC (NY session) could materially shift this read
London range 1.3231–1.3247 under a repeated cap at 1.3248–1.3250.
Early London: the open sold off from the 1.3250 overnight high to a 1.3231 London low. The rebound stalled at 1.3247, the third push capped at 1.3248–1.3250 since yesterday's NY spike, with the rising trendline from the 1.3203 NY low near 1.3235 and the 1.3184–1.3250 rally intact on softer US yields.
Support: 1.3231, 1.3221, 1.3203
Resistance: 1.3250, 1.3286
What it said to watch
M15 close above the 1.3250 overnight high breaks the cap and opens the 1.3286 range top
Break of the 1.3231 London low and the rising trendline exposes the 1.3221 swing low near the 38.2% of the 1.3184–1.3250 rally
Loss of the 1.3203 NY low unwinds the 1.3184–1.3250 rally
US UoM sentiment and inflation expectations at 14:00 UTC, plus Fed's Collins, could materially shift this read
Higher lows pressing into a flat 1.3248–1.3250 cap.
GBP/USD is holding the recovery from yesterday's 1.3184 low as US yields ease. Early London is capped below the 1.3248–1.3250 prior high, the Asian range top, after repeated rejections. Higher lows from the 1.3231 London low have compressed price toward the 1.3241 higher low, with RSI(14) neutral near 51.
Support: 1.32414, 1.32311, 1.32209
Resistance: 1.3250, 1.3276
What it said to watch
M15 close above the 1.3250 prior high breaks the Asian range top and opens the path to the 1.3276 range cap
Loss of the 1.3241 higher low and then the 1.3231 London low breaks the rising-lows trendline and exposes the 1.3221 Asian low
US UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read via yields
08:17 UTC
Sideways, coiling under 1.3250 · RSI 50 · price 1.32424
Higher lows 1.3231→1.3238 beneath a flat 1.3247–1.3250 cap.
Early London is trading inside the Asian range. It has printed higher lows at 1.3231 and 1.3238 beneath the 1.3247 session high and the 1.3250 Asian high, which sits just above yesterday's NY peak at 1.3248. The pre-London dip to the 1.3231 swing low held near the 38.2% of the 1.3203–1.3250 leg, with a softer USD and easing yields keeping the pair supported. Price sits on EMA20, with RSI(14) flat near 50.
Support: 1.3238, 1.3231, 1.3203
Resistance: 1.32465, 1.3250
What it said to watch
An M15 close above the 1.3250 Asian high breaks the range top and the double cap with yesterday's 1.3248 NY high
Loss of the 1.3238 higher low and the rising lows trendline puts the 1.3231 swing low back in play
A close below the 1.3231 swing low exposes the 1.3203 prior low, yesterday's NY swing low
US UoM sentiment and inflation expectations at 14:00 UTC (17:00 broker) could materially shift this read
Higher lows since 1.3184 into a flat 1.3248–1.3250 cap.
Higher lows from yesterday's 1.3184 London low have run into a flat cap at the 1.3248–1.3250 session high, tested in NY, in Asia and again just before London. The pre-London rejection held above the 1.3231 London low, and the London open bounce has price back pressing the cap. Softer USD as Treasury yields correct and Iran strike risk fades is underpinning the bounce; ATR(14) near 6 pips.
Support: 1.32372, 1.32311, 1.32209
Resistance: 1.3250, 1.3276
What it said to watch
M15 close above the 1.3250 session high breaks the thrice-tested cap and opens the 1.3276 range cap
Loss of the 1.3237 swing low, then the 1.3231 London low and rising support line, breaks the higher-low chain toward the 1.3221 rollover low
US UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
Higher lows since the Asia open; capped by twin highs at 1.3248–1.3250.
Asia lifted cable from the 1.3221 asia low to the 1.3250 asian high as the USD eased on the yield correction. That high matched yesterday's NY spike high and was rejected, and the pre-London dip held 1.3231 near the 61.8% retrace and the rising trendline. The first hour of London bounced to the 1.3245 london high and stalled, leaving price flat on EMA20 with RSI(14) neutral near 51.
Support: 1.3231, 1.3221, 1.3200
Resistance: 1.3245, 1.3250, 1.3280
What it said to watch
M15 close above the 1.3250 asian high clears the twin-high cap and opens the 1.3276–1.3286 range cap
Failure to hold the 1.3231 pre-ldn low and the rising trendline turns the Asia advance into a lower low, exposing the 1.3221 asia low and then the 1.3200 range floor
Repeated stalls at the 1.3245 london high keep price inside a 1.3231–1.3250 consolidation
US UoM sentiment and inflation expectations at 14:00 UTC, plus Fed Collins, could materially shift this read
Higher lows from 1.3184 intact; 1.3248–1.3250 capped three times.
GBP/USD has built higher lows off yesterday's 1.3184 base as US yields paused, but the 1.3248–1.3250 triple cap has now rejected price three times, most recently at the end of the Asia session. The London-open pullback held the 1.3231 london low near the 61.8% of the Asia leg, and price is back pressing the 1.3245 london high with RSI(14) neutral at 54.
Support: 1.3231, 1.3221
Resistance: 1.3245, 1.3250, 1.3276
What it said to watch
M15 close above the 1.3250 triple cap opens the path to the 1.3276 range cap
Failure to hold the 1.3231 london low and 1.3221 asia low breaks the higher-low chain
Another stall at the 1.3245 london high keeps price boxed below the triple cap
US UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
Higher lows since the NY low; Asian high rejected, pre-London dip held at 38.2%.
London open finds GBP/USD back at 1.3240. Supply capped the Asian high at 1.3250, matching the 1.3248 NY spike, and the pre-London pullback held at the 1.3231 swing low, the 38.2% retrace of the NY-Asia leg from 1.3203. USD softness on the yield pullback keeps the rising-lows structure intact, with RSI(14) neutral near 49.
Support: 1.3231, 1.3227, 1.3203
Resistance: 1.3250, 1.3286
What it said to watch
M15 close above the asian high at 1.3250 opens the path to the 1.3286 range cap
Loss of the 1.3231 swing low and the 1.3227 asian low breaks the rising lows line and exposes the ny low at 1.3203
US UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
07:02 UTC
Up-leg stalling, shallow pullback at London open · RSI 48 · price 1.32365
Asian high rejection after poke above prior NY high; lower highs since 05:30 UTC.
Asia briefly cleared yesterday's NY high, set after the US yield pause, to an asian high at 1.3250. Price was then rejected into the London open, with the london low at 1.3231 sitting near the 23.6% retrace of the 1.3184–1.3250 rally. Price remains above the asian low at 1.3226 and inside the broader 1.3200–1.3280 range.
Support: 1.3231, 1.3226, 1.3203
Resistance: 1.3250, 1.3280
What it said to watch
M15 close back above the 1.3250 asian high negates the false break
Failure to hold the 1.3226 asian low exposes the 1.3203 swing low near the 38.2% rally retrace
1.3280 range top is the upper bound of the multi-session range
US UoM sentiment and inflation expectations at 14:00 UTC could reprice US yields and shift this read
Range top capped at 1.3248–1.3250, retracing the Asian advance.
GBP/USD extended Thursday's yield-pause rally to the 1.3250 range top in Asia. It met rejection there for a third time since the NY session spike to 1.3248. The pre-London drop has retraced past the 61.8% fib of the Asian leg, with the session low at 1.3232 holding so far. RSI(14) is at 43 and ATR sits near 4.6 pips.
Support: 1.3232, 1.3226, 1.3221
Resistance: 1.3238, 1.3250
What it said to watch
M15 close below the 1.3232 session low exposes the asian low at 1.3226, then the rollover low at 1.3221
Reclaim of the fib 50% at 1.3238 returns price to mid-range
Close above the 1.3250 range top breaks the triple cap
US Michigan sentiment and inflation expectations at 14:00 UTC could materially shift this read
06:31 UTC
Intraday uptrend stalling, pullback from session high · RSI 45 · price 1.32363
False break above NY high, Asia higher-low chain broken.
Asia ground higher from 1.3221 on the softer USD tone after Trump's Iran comments. The push above Thursday's NY high at 1.3248 to a 1.3250 session high failed. The reversal broke the asia uptrend line and is holding the 1.3233 swing low, near the 50% of the asia rally fib, with price under the ema20 into London open.
Support: 1.3233, 1.3227, 1.3203
Resistance: 1.3240, 1.3250
What it said to watch
Failure to hold the 1.3233 swing low exposes the asia base at 1.3227, then the ny low at 1.3203
Recovery above the ema20 at 1.3240 and a close back over the 1.3250 session high negates the false-break read
London open in ~30 min sets the session range
US Michigan sentiment and inflation expectations at 14:00 UTC could materially shift this read
06:16 UTC
Intraday uptrend stalling at range top · RSI 43 · price 1.32363
Third rejection at 1.3248-1.3250, Asian rising lows broken.
Yesterday's NY spike to 1.3248 on the softer USD (Iran no-strike pledge, Waller) set a range top. Late Asia poked 1.3250 for a third test and was rejected, with the 06:00 UTC drop to 1.3234 breaking the Asian rising lows. Price is back under ema20 and sitting near the 61.8% fib of the Asian leg ahead of London open.
Support: 1.32338, 1.32261, 1.32034
Resistance: 1.3241, 1.3250
What it said to watch
Failure to hold the 1.3234 drop low exposes the 1.3226 asian low and Asian range floor
Recovery above ema20 near 1.3241 and a close through the 1.3250 range top would negate the rejection read
Loss of 1.3226 puts yesterday's ny low at 1.3203 back in focus
US Michigan sentiment and inflation expectations at 14:00 UTC could materially shift this read
05:46 UTC
Uptrend, higher lows through Asia · RSI 63 · price 1.32479
HL chain from 1.3184; testing NY high.
Asia extended the Waller-driven USD softness. GBPUSD built higher lows from the 1.3226 asian low and the 1.3237 pullback low, and is now pressing a 1.3250 session high just above Thursday's NY prior high at 1.3248 into London open. RSI(14) near 63 is not stretched. The 1.3276–1.3286 range cap from the digest sits overhead, with the 1.3217 ny swing low anchoring the rally's 38.2% fib zone near the asian low.
Support: 1.32369, 1.32261, 1.32172
Resistance: 1.3250, 1.3248, 1.3281
What it said to watch
M15 close back below the 1.3248 prior high would mark a false break of Thursday's NY top
Break of the 1.3237 pullback low and rising support breaks the Asian HL chain, exposing 1.3226 asian low and 1.3217 ny swing low
Range cap at 1.3276–1.3286 is the area to watch for rejection or break if the session high gives way
London open within the hour, then US UoM sentiment and inflation expectations at 14:00 UTC, could materially shift this read
Higher lows since NY swing low, pressing prior high.
Late Asia session sees GBPUSD back at the 1.3248 prior high, where Thursday's NY spike stalled after Waller's comments softened the USD. Since the 1.3203 NY swing low the rally has printed higher lows, with the Asia dip holding the 1.3237 pullback low above the 1.3226 Asian low. RSI(14) at 61, ATR(14) about 4 pips.
Support: 1.3237, 1.3226, 1.3203
Resistance: 1.3248, 1.3280
What it said to watch
M15 close above the 1.3248 prior high clears Thursday's NY spike and opens the 1.3276-1.3286 range top
Break below the 1.3237 pullback low ends the higher-low chain and exposes the 1.3226 Asian low, then the 1.3203 NY swing low
US UoM sentiment and inflation expectations at 14:00 UTC, plus Fed's Collins, could materially shift this read
Higher lows from 1.3203 NY low; Asia pinned under 1.3248.
Asia extended the post-Waller USD softness, lifting cable to 1.3248 and stalling a pip under yesterday's NY prior high. The pullback held the 1.3237 swing low near the 23.6% fib, keeping the higher-low chain from the 1.3203 NY low intact as price coils into London open.
Support: 1.32369, 1.32209, 1.32034
Resistance: 1.3248, 1.3280
What it said to watch
M15 close above the 1.3248 prior high opens the 1.3276-1.3286 range cap
Loss of the 1.3237 swing low and rising trendline shifts focus to the 1.3221 asian low
Break below the 1.3203 ny low unwinds the higher-low chain
US UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
Higher-low chain from 1.3184; late-Asia retest of the 1.3248 NY high.
Higher lows have held since London's 1.3184 low yesterday, and the Waller-driven USD softness carried the pair back to the 1.3248 NY high during Asia. The Asia pullback held the 50% of the overnight leg at the 1.3237 swing low. Price is compressing just under the NY high on a rising trendline, about two hours before London open, with ATR near 3.7 pips.
Support: 1.32369, 1.32261, 1.32034
Resistance: 1.32483, 1.3276
What it said to watch
M15 close above the 1.3248 NY high clears the double cap and exposes the 1.3276 range top
Break below the 1.3237 swing low and the rising trendline puts the 1.3226 Asian low in play; losing that opens the 1.3203 NY low
UoM sentiment and inflation expectations at 14:00 UTC, plus Fed's Collins, could materially shift this read
Higher lows through Asia, tight consolidation under 1.3248 cap.
Late Asia session: the Asia leg off the 1.3226 Asia low extended the post-Waller USD softness, then hit rejection at 1.3248 just under yesterday's NY prior high of 1.32483. Since then price has held a tight 1.3237–1.3244 consolidation on the 50% fib of the Asia leg, with Asia higher lows intact, RSI(14) neutral near 52 and ATR(14) about 4 pips into the London open.
Support: 1.32369, 1.32261, 1.32034
Resistance: 1.3248, 1.3278
What it said to watch
M15 close above the 1.3248 prior high breaks the double-tap cap and opens the 1.3276–1.3286 range top from the digest
Failure to hold the 1.3237 range low breaks the Asia higher lows and exposes the 1.3226 Asia low
A move back below 1.3226 shifts focus to the 1.3203 NY low and the 1.3200 floor
US UoM sentiment and inflation expectations at 14:00 UTC, plus Fed's Collins, could materially shift the USD leg
Late-Asia consolidation under a double top at 1.3248, lower highs since 02:45 UTC.
Asia extended Thursday's recovery from 1.3184, helped by Waller's softer Fed tone. The move stalled at 1.3248, where it was rejected right at the NY spike high, forming a double top, and has since drifted lower in a series of lower highs. Price is holding the 50% fib of the Asian leg at the 1.3237 pullback low, with RSI(14) near 51 and ATR around 3.7 pips. Ranges are compressed with London open about 2.5h away.
Support: 1.32369, 1.32261, 1.32034
Resistance: 1.32483, 1.3276
What it said to watch
Close below the 1.3237 pullback low (50% fib) exposes the 1.3226 asian low
Break of the lower highs trendline and a close above the 1.3248 double top opens the 1.3276 range top
Loss of the 1.3203 ny low would unwind the Waller-driven recovery
US UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
Higher lows through Asia, capped at a double high near 1.3248.
GBPUSD recovered from the 1.3184 London low during NY hours as Waller's comments softened the USD. The Asia session pushed to 1.3248 but was rejected at the NY spike high, leaving a double high. The pullback is holding above the 1.3237 pullback low near the 38.2% of the Asian leg, along the Asia trendline, with London open still ahead.
Support: 1.3237, 1.3221, 1.3203
Resistance: 1.3248, 1.3276
What it said to watch
M15 close above the 1.3248 double high opens the path to the 1.3276 range top
Failure to hold the 1.3237 pullback low and the Asia trendline exposes the 1.3221 asian low
A move back below the 1.3203 ny swing low invalidates the higher-low read
US Michigan sentiment and inflation expectations at 14:00 UTC, plus Fed's Collins, could materially shift this read
04:01 UTC
Intraday uptrend, stalling under day high · RSI 57 · price 1.32403
Higher lows since the 1.3203 NY low; Asia capped at the day high.
The rally from 1.3184 came as Waller's comments softened the USD. Asia retested the 1.3248 day high, stalled 1 pip short and eased to a 1.3237 swing low. Price sits about two-thirds of the way up a 1.3227–1.3248 Asian range ahead of London open, with higher lows intact since the 1.3203 NY low and ATR near 4 pips.
Support: 1.32369, 1.3227, 1.32034
Resistance: 1.32483, 1.3276
What it said to watch
M15 close above the 1.3248 day high clears the double test and opens the 1.3276–1.3286 range cap
Break of the Asia trendline and 1.3237 swing low exposes the 1.3227 asian low; losing that turns the focus to the 1.3203 ny low
A pullback holding above the rally fib 38.2% near 1.3224 keeps the higher-low sequence intact
London open in ~3h likely defines the session range; US Michigan sentiment and inflation expectations at 14:00 UTC could shift the read
Higher-low chain intact, price testing rising trendline after rejection at session high.
Higher lows have built off Thursday's 1.3184 low as Waller's comments that hikes need not come at consecutive meetings softened USD. Asia retested the NY spike high at 1.3248 (session high) and was rejected. Late in the Asia session, price is sitting on the rising trendline from the 1.3203 swing low near 1.3237, with RSI(14) neutral around 55 and ATR near 4 pips.
Support: 1.32261, 1.32172, 1.32034
Resistance: 1.32483
What it said to watch
M15 close below the rising trendline and the 1.3226 asian low breaks the higher-low chain, exposing the 1.3217 NY lows
Close above the 1.3248 session high clears the double test of the NY spike high
Loss of the 1.3203 swing low unwinds the 1.3184–1.3248 leg beyond its 61.8% fib
US Michigan sentiment and inflation expectations at 14:00 UTC (~10h) could materially shift this read
Higher lows from 1.3184; double high at 1.3248 capping late Asia.
Asia extended Thursday's Waller-driven USD softness, lifting GBPUSD from the 1.3226 asian low to 1.3248. It stalled a pip shy of the NY spike high, forming a double high, and has since pulled back to the 50% retrace of the Asian leg near 1.3237, sitting on EMA20 with RSI(14) neutral at 55.
Support: 1.3226, 1.3203, 1.3184
Resistance: 1.3248, 1.3280
What it said to watch
M15 close above the 1.3248 double high opens the 1.3276-1.3286 range top
Loss of the 1.3226 asian low breaks the higher-low chain off the 1.3184 london low and exposes the 1.3203 ny low
London open in ~3.5h typically resets the Asian range; US UoM sentiment and inflation expectations at 14:00 UTC carry USD risk
Higher lows from NY 1.3203 low; Asia pullback holding above 1.3238.
Asia extended Thursday's Waller-driven USD softness, lifting GBPUSD from 1.3227 to 1.3248, where it was rejected at the prior high from yesterday's NY spike. Price is now holding the 1.3238 pullback low, just above EMA20, with RSI(14) near 60. The 38.2% fib of the NY-low rally sits at 1.3231.
Support: 1.3238, 1.3231, 1.3221
Resistance: 1.3248, 1.3276
What it said to watch
M15 close above 1.3248 prior high clears the rejection and exposes the 1.3276 range top
Loss of 1.3238 pullback low and the 38.2% fib at 1.3231 exposes the asian low at 1.3221
US UoM sentiment and inflation expectations at 14:00 UTC, plus Fed's Collins, could materially shift this read
03:01 UTC
Intraday uptrend, stalling at prior high · RSI 65 · price 1.32425
Higher lows through Asia, capped at 1.3248 prior high.
Asia extended the post-Waller bounce off 1.3184 and stalled at 1.32476, just under the 1.3248 prior high from the NY spike, where supply capped price. The pullback held at the 1.3238 swing low, between the 38.2% and 50% of the Asia rally fib. Late Asia session, London range not yet set, with RSI(14) near 65 and price above EMA20/EMA50.
Support: 1.3238, 1.3226
Resistance: 1.3248, 1.3280
What it said to watch
M15 close above the 1.3248 prior high clears the double test and opens the 1.3280 range cap
Failure to hold the 1.3238 swing low exposes the asia base at 1.3226 and breaks the higher-low chain
US UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
02:46 UTC
Intraday uptrend, stalling at prior high · RSI 63 · price 1.32403
Higher lows through Asia, capped at the NY session high.
Asia extended the post-Waller rebound off yesterday's 1.3184 London low, lifting from the 1.3226 asian low to 1.3248 and stalling just under the NY prior high from the 14:30 UTC spike. The pullback to 1.3238 is holding the 38.2% of the Asia leg and the rising trendline, with RSI(14) cooling to about 63. Late Asia session, London open still ahead.
Support: 1.3238, 1.32261, 1.32209
Resistance: 1.32483, 1.3250
What it said to watch
M15 close above the 1.3248 prior high clears the rejection zone and brings 1.3250 psych into play
Break of the 1.3238 pullback low and the Asia trendline points back to the 1.3226 asian low, then the 1.3221 ny late low
US Michigan sentiment and inflation expectations at 14:00 UTC, plus Iran strike headlines, could materially shift this read
02:31 UTC
Intraday uptrend, stalling below NY high · RSI 64 · price 1.32414
Higher lows through Asia; rejection at 1.3248 NY high, pullback held 1.3238.
Late Asia session extended the NY recovery from 1.3184, helped by Waller-driven USD softness. Price was rejected at 1.3248, just under the NY high, and the pullback held the 1.3238 Asia pb low near the 38.2% fib of the Asian leg. RSI(14) has cooled to ~64 and price sits above both EMAs.
Support: 1.3238, 1.3226, 1.3217
Resistance: 1.3248, 1.3286
What it said to watch
M15 close above the 1.3248 NY high opens 1.3286 range top
Loss of the 1.3238 Asia pb low and the rising Asia trendline turns focus to the 1.3226 Asian low, then the 1.3217 NY swing low
London open in ~4h typically expands range beyond the current ~4.5-pip ATR
Iran strike-plan headlines could revive the safe-haven USD bid and shift this read
02:16 UTC
Intraday uptrend, stalling at session high · RSI 61 · price 1.3239
Higher lows from 1.3184; Asia high capped at NY spike high.
Asia session pushed to the 1.3248 session high, matching the NY spike high set as Waller's comments softened the USD, then saw a rejection back to 1.3239, the 38.2% of the Asia leg fib. Higher lows from 1.3184 through the 1.3226 asian low keep the rising support line intact, with RSI(14) cooling to about 61.
Support: 1.3226, 1.3217, 1.3203
Resistance: 1.3248, 1.3286
What it said to watch
M15 close above the 1.3248 session high reopens the 1.3286 range top
Break of the 1.3226 asian low, then the 1.3217 swing low, ends the higher-low chain and puts the 1.3203 ny pullback in view
Loss of rising support near 1.3234 with price below the 50% of the Asia leg fib (1.3237) extends the rejection
Iran strike-plan headlines can move USD before Friday's 14:00 UTC UoM sentiment and inflation expectations
02:01 UTC
Intraday uptrend, pausing at session high · RSI 66 · price 1.32426
HH/HL chain in Asia session, testing NY spike high.
The Asia session extended the rebound from the 1.3184 low, clearing the 1.3233–1.3234 breakout lvl and printing 1.32476. That is one pip shy of yesterday's Waller-driven NY high at 1.32483, where the latest bars stalled. Higher lows from the asian low at 1.3226 remain intact. RSI(14) is near 66 and ATR is compressed at about 4 pips.
Support: 1.32335, 1.32261, 1.32034
Resistance: 1.32483, 1.3286
What it said to watch
M15 close above the 1.3248 ny high opens the 1.3286 range top
Loss of the 1.3234 breakout lvl, near the 61.8% of the asia rally fib, breaks the HL chain
Close below the 1.3226 asian low exposes the 1.3203 ny pullback
Iran strike-plan headlines and Fri 14:00 UTC Michigan sentiment could shift USD tone later in the day
01:46 UTC
Intraday uptrend, early Asia extension · RSI 71 · price 1.32426
HH/HL chain, overnight range broken higher.
Early Asia session lifted GBPUSD through the overnight asia high at 1.3234. That extends the recovery from the 1.3184 low after Waller said hikes need not come at consecutive meetings. Price now sits just under the NY high at 1.3248 with RSI(14) near 71, and the rising support line off the rollover low still underpins the micro HH/HL chain.
Support: 1.3234, 1.3226, 1.3203
Resistance: 1.3248
What it said to watch
Rejection at the 1.3248 ny high keeps the move capped below the prior spike top; a close above opens the session to fresh highs
Close back below the 1.3234 asia high turns the breakout into a false break, with the 1.3226 asia low next
Loss of the rising support and the asia low exposes the 1.3203 ny low
Follow-up headlines to the NYT Iran strike-plan report could revive a haven USD bid and shift this read
01:32 UTC
Intraday uptrend, Asia extending · RSI 71 · price 1.32426
HH/HL chain off 1.3184 low, testing below NY high.
Higher lows since the 1.3184 London low (1.3203, 1.3217, 1.3221, 1.3226). The Asian session has now cleared the 1.3235 prior high and sits about 6 pips under the 1.3248 NY high, with RSI(14) near 71. The NY-session spike followed Waller's comment that hikes need not come at consecutive meetings, and DXY softness toward 102.00 is carrying the move through Asia hours.
Support: 1.32345, 1.32261, 1.32172
Resistance: 1.32483
What it said to watch
M15 close above the 1.3248 NY high extends the breakout and clears the day's range top
Slip back below the 1.3235 prior high turns the Asia push into a false break
Loss of the Asia trendline (~1.3230) and the 1.3226 asian low breaks the higher-low sequence
Pullback toward the 1.3217 swing low and the 61.8% of the 1.3184-1.3248 leg (~1.3209) tests the intraday uptrend
Iran strike-plan headlines and US UoM sentiment at 14:00 UTC could materially shift this read
01:16 UTC
Uptrend, higher lows since NY afternoon · RSI 69 · price 1.32398
HL chain from 1.3203; Asia pushing above 1.3235 prior high.
Waller's remarks sent GBP/USD from the 1.3184 London low to a 1.3248 spike high in NY before it faded to 1.3203, the NY low. Higher lows since then at 1.3217, 1.3221 and the 1.3226 Asian low have held a rising trendline. Early Asia is now pressing through the 1.3235 prior high, with RSI(14) near 69 and ATR around 4 pips.
Support: 1.32347, 1.32261, 1.32034
Resistance: 1.32483, 1.3250
What it said to watch
M15 close back below the 1.3235 prior high would mark the Asia push as a false break
Loss of the rising trendline and the 1.3226 asian low breaks the higher-low chain
1.3248 spike high and the 1.3250 round number are the next test; a close above extends the uptrend
Follow-up headlines on the NYT Iran strike-plan report could lift USD and shift this read
UoM sentiment and inflation expectations Fri 14:00 UTC are the next scheduled USD risk
01:01 UTC
Intraday uptrend, grinding higher in Asia · RSI 64 · price 1.32359
Higher lows since the 1.3203 NY low, testing the Asian high.
GBP/USD recovered from the 1.3184 London low after Waller's comments. The NY rally spike to 1.3248 was rejected, and the pullback held at the 1.3203 NY low, near the 61.8% of the NY rally fib. Since then rising lows have formed off 1.3217 and 1.3221 (the asian low), and early Asia is pressing the 1.3238 asian high with RSI(14) at 64 and ranges compressed to about 4 pips per bar.
Support: 1.3225, 1.32209, 1.32034
Resistance: 1.32376, 1.32483
What it said to watch
M15 close above the 1.3238 asian high puts the 1.3248 spike high back in play
Break of the rising lows line near 1.3225 and the 1.3221 asian low would stall the higher-low chain
Loss of the 1.3203 ny low reopens the 1.3200 floor area
Iran strike headlines after the NYT report could jolt USD outside session flow
00:46 UTC
Uptrend, grinding higher in thin Asia trade · RSI 64 · price 1.32349
Higher lows since rollover; testing session high below NY spike high.
The Asia session is printing a fresh session high at 1.3236. This extends the NY rebound from the 1.3184 London low, which came after Waller's comments on non-consecutive hikes, and lows have stepped higher from the 1.3221 rollover dip through the 1.3226 asia low. Price is pressing just under the 1.3248 ny high, the top of the NY spike. RSI(14) is near 64 and ATR is about 4 pips, so ranges are compressed overnight.
Support: 1.3226, 1.3217, 1.3203
Resistance: 1.3236, 1.3248
What it said to watch
M15 close above the 1.3248 ny high clears the NY spike and opens the 1.3280-1.3286 range top
Break of the 1.3226 asia low snaps the Asia higher lows trendline and exposes the 1.3217 swing low, near the fib 50% of the London low to NY high move
Failure to hold the 1.3203 ny low reopens the 1.3184 London low and the 1.3200 floor
Iran strike headlines after the NYT report are two-way USD risk overnight; UoM sentiment and inflation expectations land Fri 14:00 UTC
The early Asia session is pressing the 1.3234 ceiling, the third test since the NY afternoon. Higher lows from the 1.3203 NY low through the 1.3217 higher low and 1.3226 overnight low are stacking along a rising trendline. The rebound from the 1.3184 London low followed Waller's comments that hikes need not come at consecutive meetings, and the 1.3248 NY high is the next reference above.
Support: 1.3226, 1.3217, 1.3203
Resistance: 1.3234, 1.3248
What it said to watch
An M15 close above the 1.3234 ceiling exposes the 1.3248 NY high
A break of the rising trendline and the 1.3226 overnight low turns focus to the 1.3217 higher low, then the 1.3203 NY low
NYT Iran strike-plan headlines can jolt USD during thin Asia hours
Higher lows since 1.3184 London low, capped near 1.3234.
London flushed to 1.3184 before Waller's comments drove a NY spike to the 1.3248 day high, which was rejected back to the 1.3203 NY low. Since then a chain of higher lows (1.3217 swing low, 1.3226 higher low) has squeezed price under the 1.3234 late NY high into the Asia open.
Support: 1.32261, 1.32172, 1.32034
Resistance: 1.32336, 1.32483
What it said to watch
M15 close above 1.3234 late NY high opens a retest of the 1.3248 day high
Break of the 1.3226 higher low and the rising lows line exposes the 1.3217 swing low, then the 1.3203 NY low near the 1.3200 floor
UoM sentiment and inflation expectations at 14:00 UTC Friday could materially shift this read
00:01 UTC
Neutral after NY spike, compressing just above ema20 · RSI 54 · price 1.32293
Tight range 1.3217–1.3234 with higher lows, capped at range top.
The London dip to 1.3184 reversed in the NY session after Waller's comments. The spike to the NY high at 1.3248 was rejected, and price is now compressing between the 1.3217 range low and the 1.3234 range top at the Asia open. Higher lows at 1.3217, the 1.3221 swing low and 1.3226 are pressing into a twice-tested top, and the move sits inside the London low–NY high fib, with ATR shrinking to under 5 pips.
Support: 1.32209, 1.32172, 1.3200
Resistance: 1.32336, 1.32483
What it said to watch
M15 close above the 1.3234 range top opens a retest of the 1.3248 NY high
Loss of the 1.3221 swing low breaks the higher-lows line and exposes the 1.3217 range low
Break of 1.3217 puts the 1.3200 psych floor back in focus
US UoM sentiment and inflation expectations (Fri 14:00 UTC) could materially shift this read later in the day