Higher low at 1.3399, break of london high, tight consolidation under 1.3444.
London open lifted GBPUSD out of the 1.3359–1.3388 Asian range. The NY low held at 1.3400, and a late-NY break of the 1.3426 london high on broad USD weakness set a 1.3444 session high. Price is consolidating just below it after rollover, with RSI(14) neutral near 57 and ATR around 4 pips.
Support: 1.3426, 1.3400
Resistance: 1.34436, 1.3463
What it said to watch
Holding above the 1.3426 london high, also the 38.2% fib of the NY move, keeps the breakout intact; a return below re-exposes the 1.3400 ny low
A close above the 1.3444 session high exposes the 1.3463 pivot
Fed's Waller (09:00 UTC) and US CPI Tue 13:30 UTC could materially shift this read
23:31 UTC
Uptrend, pressing session high · RSI 55 · price 1.34416
Higher lows from 1.3399 NY low; consolidating under 1.3444 high.
London cleared the Asian range from 08:00 UTC. NY held a 1.3399 swing low just under 1.3400 before a 19:30 UTC push broke the 1.3426 prior highs to a 1.3444 session high, as the USD softened on Iran ceasefire hopes and lower oil. The rollover dip to 1.3430 was retraced and price is back under the session high in early Asia, with RSI(14) neutral near 55.
Support: 1.34297, 1.34261, 1.33989
Resistance: 1.34436, 1.3450
What it said to watch
M15 close above the 1.3444 session high opens the 1.3450 round number
Loss of the 1.3430 rollover low puts the 1.3426 prior highs and the 38.2% fib in play
Break below the 1.3399 NY swing low invalidates the higher-low sequence
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
Broke 1.3399–1.3426 range, HL chain from NY low intact.
GBP/USD cleared the 1.3399–1.3426 London-NY range late in NY hours as the dollar softened on US-Iran ceasefire hopes, printing a 1.3444 session high. The rollover low at 1.3430 held above the old range top, and price now sits just under the high in a thin Asian open with RSI(14) neutral near 55.
Support: 1.34297, 1.3426, 1.33989
Resistance: 1.34436, 1.3463
What it said to watch
Close above the 1.3444 session high opens the next level at 1.3463
Failure to hold the 1.3426 range top puts price back inside the prior range
Loss of the 1.3399 NY low breaks the rising trendline and unwinds the breakout
Waller (09:00 UTC) and US CPI (13:30 UTC Tue) could materially shift this read
Higher lows since NY low; post-breakout range 1.3426-1.3444.
USD weakness on US-Iran ceasefire hopes lifted GBPUSD off the 1.3399 NY low and through the 1.3426 London high late in NY. The session high at 1.3444 has capped since, and early Asia is consolidating above the 38.2% fib, which sits on the old London high.
Support: 1.3426, 1.3399
Resistance: 1.3444, 1.3500
What it said to watch
M15 close back below the 1.3426 london high would turn the late-NY breakout into a false break
Failure to hold the 1.3399 ny low breaks the higher-low sequence from NY hours
Clear break of the 1.3444 session high leaves 1.3500 psych as the next reference
BoE Breeden 08:30 GMT, Fed Waller 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
22:46 UTC
Intraday uptrend, pausing at session high · RSI 60 · price 1.34358
Higher lows from the NY low; breakout above London high now in retest.
London opened above the 1.3386 Asian range high. NY held a dip at the NY low near 1.3400, then broke the 1.3426 London high late in the session to a 1.3444 session high on broad USD weakness. The rollover low at 1.3430 is holding above that breakout and the 38.2% of the NY low–high fib, with RSI(14) near 60 and price above EMA20.
Support: 1.3430, 1.3426, 1.3400
Resistance: 1.3444, 1.3500
What it said to watch
M15 close back below the 1.3426 London high turns the breakout into a false break
Loss of the 1.3430 rollover low breaks the rising trendline from the NY low
Clearance of the 1.3444 session high opens the 1.3500 round number
US CPI Tue 13:30 UTC, with Waller (09:00 UTC) and BoE Breeden (08:30 GMT) before it, could materially shift this read
22:31 UTC
Intraday uptrend, pausing after rollover gap · RSI 57 · price 1.34323
Higher lows from the 1.3399 NY low, breakout above 1.3427 range top, now retesting from below the session high.
GBPUSD broke out of the Asian range at London open and cleared 1.3400. Buyers defended the 1.3399 NY low, and price then broke the 1.3427 range top late in NY to a 1.3444 session high as USD softened on US-Iran de-escalation. The 22:00 UTC rollover gapped price about 12 pips lower to 1.3432, where it sits on EMA20 and above the range top, which also lines up with the 38.2% fib of the NY low-to-high leg.
Support: 1.34265, 1.34182, 1.33989
Resistance: 1.34436, 1.3450
What it said to watch
Failure to hold the 1.3427 range top (38.2% fib) puts the 1.3418 swing low and 50% retracement in play
Loss of the 1.3399 ny low breaks the higher-low sequence
Recovery through the 1.3444 session high reopens the 1.3450 round number
Fed's Waller (09:00 UTC) and Tuesday's 13:30 UTC US CPI could materially shift this read
Higher lows from the 1.3399 NY low; late-NY breakout above 1.3426 now being tested.
London open broke the 1.3388 asian high and 1.3400, and buyers held the NY low at 1.3399. A 19:30 UTC leg on broad USD softness cleared the 1.3426 london high to a 1.3444 session high. The rollover bar slipped to 1.3430 in thin trade, putting the 38.2% NY rally fib near 1.3426 as the first area to watch.
Support: 1.3426, 1.3399, 1.3388
Resistance: 1.3444, 1.3463
What it said to watch
M15 close back below the 1.3426 london high exposes the 1.3399 ny low
Close above the 1.3444 session high opens the path to last week's 1.3463 prior high
Rollover-hour prints are thin; Asia session follow-through below 1.3430 would confirm the pullback
Fed Waller 09:00 UTC and US CPI Tue 13:30 UTC (core MoM f/c 0.2%) could materially shift this read
Higher lows from Asia; late-NY breakout above London high now consolidating.
GBPUSD climbed through the Asian range and the London open, then the early-NY dip held at the 1.3399 ny low. Broad USD softness on US-Iran de-escalation drove a late-NY breakout through the 1.3426 london high. Price is now drifting in a tight band between the 1.3437 post-bo low and the 1.3444 session high into rollover, with RSI(14) cooling from the breakout and ATR(14) near 4.6 pips.
Support: 1.34367, 1.3426, 1.3399
Resistance: 1.34436, 1.3450
What it said to watch
An M15 close below the 1.3437 post-bo low points to a retest of the 1.3426 london high.
Acceptance above the 1.3444 session high opens the 1.3450 round number.
Failure to hold the 1.3399 ny low would break the higher-low chain and the Asia trendline.
US CPI Tue 13:30 UTC, preceded by Fed's Waller at 09:00 UTC, could materially shift this read.
21:46 UTC
Uptrend, momentum flattening late NY · RSI 68 · price 1.34391
Higher-low chain, breakout above 1.3426 double high, consolidating under the 1.3444 session high.
Broad USD softness on US-Iran de-escalation lifted GBPUSD out of the 1.3347–1.3389 Asian range at London open and through the 1.3400 psych level. The NY dip held at 1.3399, and a 19:30 UTC breakout above the 1.3426 double high (breakout lvl) set a 1.3444 session high. Price is now drifting just below that high in thin after-close trade, with RSI(14) near 68.
Support: 1.3426, 1.3400
Resistance: 1.3444, 1.3463
What it said to watch
A close back below the 1.3426 breakout lvl would turn the move into a false break. That level sits at the 38.2% of the NY low–high fib.
Failure to hold the 1.3400 psych level and NY low would unwind the higher-low chain.
An M15 close above the 1.3444 session high exposes last week's 1.3463 weekly high.
Fed's Waller (09:00 UTC) and US CPI (Tue 13:30 UTC) could materially shift this read.
Higher lows from the NY dip; late-NY breakout above London high now holding.
London broke the Asian range high and cleared the 1.3400 round number on broad USD weakness. NY's dip retested and held 1.3400, then a late-NY bar broke the 1.3426 London high (now the breakout lvl). Price is compressing just under the 1.3444 session high, with RSI(14) near 71 and ATR(14) around 5 pips heading into Asia.
Support: 1.34259, 1.34182, 1.3400
Resistance: 1.34436, 1.3463
What it said to watch
Close back below the 1.3426 breakout lvl puts the late-NY breakout at risk of a false break; the 1.3418 swing low is next
Loss of the 1.3400 round number (NY low) breaks the higher-low sequence and the rising support line
Clearance of the 1.3444 session high exposes last wk high near 1.3463
Fed Waller 09:00 UTC and US CPI Tue 13:30 UTC could materially shift this read
21:16 UTC
Uptrend, fresh highs late NY · RSI 74 · price 1.34411
Higher low at 1.3399, breakout above London high to 1.3444.
London broke above the Asian range and ran to 1.3426. NY then pulled back to 1.3399, where the 1.3400 round number held, before broad USD weakness on US-Iran de-escalation drove a late-NY breakout through the 1.3426 prior high to a 1.3444 session high. RSI(14) is near 74, short-term hot but not stretched, and price is grinding along a rising trendline from the NY low.
Support: 1.3426, 1.3400
Resistance: 1.3444, 1.3463
What it said to watch
M15 close back below the 1.3426 prior high would turn the late-NY breakout into a false break
Loss of the 1.3400 round number breaks the higher-low sequence from the NY low
1.3444 session high, then last week's high at 1.3463, are the next areas to watch for rejection or extension
US CPI Tue 13:30 UTC and Waller at 09:00 UTC could materially shift this read; thin Asia session first
21:02 UTC
Uptrend, pressing session high · RSI 73 · price 1.34425
Higher lows since the NY low; late-NY breakout above the 1.3426 range top.
London lifted GBPUSD out of the 1.3360–1.3387 Asian range. After a dip to the 1.3399 NY low, price broke the 1.3426 range top late in NY and is printing a session high at 1.3443 as USD softens on US-Iran de-escalation and lower oil. RSI(14) is near 73 and the post-breakout low at 1.3436 is holding.
Support: 1.34365, 1.3426, 1.33989
Resistance: 1.34426, 1.3463
What it said to watch
Failure to hold the 1.3436 breakout low puts a retest of the 1.3426 range top, also the 38.2% fib, in play
Clearance of the 1.3443 session high exposes last week's prior high at 1.3463
A close back below the 1.3399 NY low breaks the higher-low chain and the rising trendline
US CPI Tue 13:30 UTC, with Waller at 09:00 UTC, could materially shift this read
Higher low at 1.3399, break of London high, tight hold above it.
London broke the 1.3348–1.3387 Asian range and NY dipped to the 1.3400 round number, where demand held. The late-NY push through the London high at 1.3426 to a 1.3442 session high followed the softer USD on US-Iran de-escalation headlines. Price is now holding 1.3437–1.3441 just under the session high, with RSI(14) near 65 and ATR around 5 pips.
Support: 1.3426, 1.3420, 1.3399
Resistance: 1.34419, 1.3450
What it said to watch
A close back below the London high at 1.3426 turns the breakout into a false break. The fib 50% at 1.3420 sits just below.
A clean M15 close above the 1.3442 session high opens the 1.3450 psych level, with the digest's 1.3500 cap beyond.
Losing the 1.3400 round number breaks the higher-low sequence.
Holding above the rising support line keeps the breakout structure intact.
US CPI (Tue 13:30 UTC) and Fed Waller (09:00 UTC) could materially shift this read; thin post-NY liquidity until then.
20:32 UTC
Uptrend, fresh late-NY high · RSI 68 · price 1.34378
Higher-low chain from NY low, breakout above 1.3426 holding.
Late-NY breakout through the 1.3426 prior high carried GBPUSD to a 1.3442 session high as the dollar slid on US-Iran deal hopes and lower oil. Price is holding just below that high with RSI(14) near 68. The NY low at 1.3399 anchored the afternoon's higher-low chain.
Support: 1.3426, 1.3415, 1.3399
Resistance: 1.3442, 1.3450
What it said to watch
M15 close back below the 1.3426 prior high (fib 38.2) would turn the breakout into a false break
Loss of 1.3415 fib 61.8 exposes the 1.3399 NY low and the 1.3400 round number
Acceptance above the 1.3442 session high opens 1.3450 psych
Fed's Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) could materially shift this read
The Asia session ground higher from 1.3348, London open broke 1.3400 and ran to the 1.3426 London high, and the NY dip held the 1.3399 NY low. A broadly softer USD on US-Iran ceasefire hopes then lifted price out of the late-NY coil to a 1.3442 session high. RSI(14) is near 73, warm but not stretched, and price is holding near the highs into the NY close.
Support: 1.3426, 1.3418, 1.3399
Resistance: 1.3442, 1.3450
What it said to watch
An M15 close back below the 1.3426 London high would mark the breakout as a false break
A break of rising support near 1.3418 would end the higher-low chain from the NY low
Failure to hold the 1.3399 NY low would undo the post-London structure
The 1.3450 round number sits just above the session high, an area to watch for rejection or extension
Fed's Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) could materially shift this read
20:02 UTC
Uptrend, fresh session high late NY · RSI 74 · price 1.3440
Higher low at 1.3399, break above London high.
Monday climbed from the 1.3350 Asian range through London as the USD softened on US-Iran ceasefire hopes. Demand held the NY low at 1.3399, and the late-NY push cleared the 1.3426 London high to a 1.3442 session high. RSI(14) at 74 is hot but not stretched.
Support: 1.3426, 1.3399
Resistance: 1.3442, 1.3450
What it said to watch
M15 close back below the 1.3426 london high would turn the breakout into a false break
Failure to hold the 1.3399 ny low breaks the higher-low chain and the trendline from it
Acceptance above the 1.3442 session high opens the 1.3450 round number
US CPI Tue 13:30 UTC and Waller at 09:00 UTC could materially shift this read
Higher lows from 1.3399 NY low; London high 1.3426 broken.
London open broke the Asian high near 1.3394 and capped at 1.3426. The NY dip held the 1.3399 ny low just under 1.3400, and late NY then broke the 1.3426 prior high in a 17-pip spike to 1.3442 as USD softened on US-Iran de-escalation and lower oil. RSI(14) is near 74, hot but not extreme. The 1.3418 higher low anchors the intraday chain.
Support: 1.3426, 1.3418, 1.3399
Resistance: 1.3442, 1.3450
What it said to watch
M15 close back below the 1.3426 prior high would mark the late-NY breakout as a false break
Failure to hold the 1.3418 higher low breaks the higher-low chain off the 1.3399 ny low
1.3442 spike high and the 1.3450 round number are the next areas to watch for rejection or extension
Fed's Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) could materially shift this read
GBPUSD climbed from the 1.3348 Asian low and broke 1.3400 at London open as the USD softened on US-Iran ceasefire hopes. The NY session retested 1.3400 with a ny low at 1.3399, near the 38.2% level of the day advance, and recovered through the 1.3410 double low. Late NY is now testing the 1.3426–1.3429 session high, with RSI(14) at 62 and not stretched.
Support: 1.34185, 1.34096, 1.33989
Resistance: 1.34286, 1.3450
What it said to watch
M15 close back below the 1.3418 pullback low turns the session-high test into a rejection
Loss of the 1.3399 ny low (38.2% of the day advance) breaks the NY rising line and the higher-low chain
Sustained trade above the 1.3429 session high clears the London cap; 1.3450 round number is the next reference
BRC retail sales at 00:01 GMT, then Waller and US CPI on Tuesday, could materially shift this read
19:17 UTC
Uptrend, stalling at session high · RSI 57 · price 1.3423
Asian range broken higher at London open; NY dip held 1.3400, now a third test of the session high.
London broke the Asian range top near 1.3387 and reclaimed 1.3400 as a softer USD and Iran de-escalation lifted GBP. The NY low at 1.3399 held the psych level, and a rising support line from the Asian low is intact. Price is now pressing the 1.3426–1.3427 session high for a third time in late NY, with a pullback low at 1.3419, RSI(14) neutral near 57 and ATR around 5 pips.
Support: 1.3419, 1.3410, 1.3399
Resistance: 1.3427, 1.3450
What it said to watch
M15 close above the 1.3427 session high opens the 1.3450 round number
Loss of the 1.3419 pullback low and the 1.3410 london low (61.8% of the ny rebound fib) breaks the higher-low chain
Failure to hold the 1.3399 ny low breaks the rising support from the Asian low
US CPI Tue 13:30 GMT and Tuesday BoE speakers could materially shift this read
19:01 UTC
Uptrend, stalling at session high · RSI 65 · price 1.34232
Range 1.3399–1.3427 since London; higher low from NY dip, session high retest.
London cleared the 1.3348–1.3387 Asian range as the USD softened on US-Iran de-escalation headlines. The NY dip to the ny low near 1.3400 was absorbed, and late-NY price is back retesting the 1.3426 session high, with a swing low at 1.3418 and the london low at 1.3410 beneath.
Support: 1.34182, 1.34096, 1.33989
Resistance: 1.34265
What it said to watch
M15 close above the 1.3427 session high breaks the post-London range to the upside
Loss of the 1.3418 swing low exposes the 1.3410 london low and the 61.8% retrace of the NY rally
Break of the 1.3399 ny low and the 1.3400 round number would mark a lower low
Holding the ny rising low keeps the NY higher-low sequence intact
US CPI Tue 13:30 GMT and BoE speakers Tue could materially shift this read
Higher low at 1.3399 after NY dip, retesting 1.3426 session high.
London cleared the Asian range high near 1.3387 and ran to the 1.3426 session high as the USD softened on US-Iran risk-on. NY retested 1.3400 with a 1.3399 ny low, rebuilt through the 1.3410 london low and is pressing the session high again late in NY hours, with RSI(14) near 64 and no overbought reading.
Support: 1.3418, 1.3410, 1.3399
Resistance: 1.34265
What it said to watch
M15 close above the 1.3426 session high extends the higher-high chain; a second rejection there sets up a double top read
Loss of the 1.3418 pullback low breaks the NY rising trendline
Failure to hold the 1.3410 london low and 1.3399 ny low reverses the 1.3400 retest
US CPI Tue 13:30 GMT and Waller at 09:00 GMT could materially shift this read
18:31 UTC
Uptrend, pressing session high · RSI 64 · price 1.34251
Higher lows from Sunday open; 1.3399–1.3426 range since London.
GBP/USD climbed steadily from 1.3349 through Asia, and London cleared 1.3400 as the USD softened on Iran ceasefire hopes and cheaper oil. The NY low at 1.3399 held the psych handle, and price is back retesting the 1.3426 session high late in the NY session, with RSI(14) near 64 and ATR around 6 pips.
Support: 1.3418, 1.3410, 1.3399
Resistance: 1.3426, 1.3450
What it said to watch
M15 close above the 1.3426 session high breaks the range top and brings the 1.3450 round number into view
A second rejection at 1.3426 leaves a double test; a slip under the 1.3418 pullback low points back to the 1.3410 range floor
Loss of the 1.3399 ny low and 1.3400 breaks the rising day trendline and the higher-low chain
Iran/oil headlines overnight, then Waller (09:00 GMT) and US CPI (13:30 GMT) Tuesday, could materially shift this read
London breakout above the Asian range, now ranging 1.3410–1.3426 into late NY.
London cleared the Asian high at 1.3387 and drove through 1.3400 as USD softened on Iran peace hopes and lower oil. The NY low at 1.3399 held just above the 38.2% of the Asian low to session high leg and was bought back, but the session high at 1.3426 has capped twice with matching tops. Late NY now sits on the range floor near 1.3410 with RSI(14) near 59.
Support: 1.3410, 1.3399, 1.3387
Resistance: 1.3426
What it said to watch
M15 close above the 1.3426 session high breaks the equal highs and extends the London leg
Failure to hold the 1.3410 range floor reopens the 1.3399 ny low and the 1.3400 round number
Break below the 1.3387 asian high puts the London breakout in question
Headlines from today's Trump–Qatar PM meeting on Iran could jolt USD via oil
Tue: BRC retail sales at 00:01 GMT, then Waller and US CPI later in the day
18:01 UTC
Intraday uptrend, stalling at session high · RSI 55 · price 1.34188
Range 1.3399–1.3426 after London broke the Asian range high.
London cleared the Asian high at 1.3387 on broad USD weakness from risk-on and softer oil, then stalled at the 1.3426 session high. NY flushed to the 1.3399 NY low and rebounded. The post-Bailey push printed only a marginal new high at 1.3426 before fading, leaving late NY mid-range above the 1.3410 midday low.
Support: 1.3410, 1.3399, 1.3387
Resistance: 1.3426
What it said to watch
M15 close above the 1.3426 session high breaks the twice-rejected cap and opens the path toward the 1.3500 area
Loss of the 1.3410 midday low, then the 1.3399 NY low, turns the twin session-high rejection into a double top
BoE Breeden (08:30 UTC) and Pill (18:30 UTC) Tue on December vs February timing could shift the GBP leg
US CPI Tue 13:30 UTC (core MoM f/c 0.2%) is the next major driver; Waller at 09:00 UTC precedes it
Higher low at 1.3399 in NY, equal highs at 1.3426.
London broke the Asian range high at 1.3387 and ran to a 1.3426 session high as the USD weakened on US-Iran de-escalation hopes. NY dipped to 1.3399, held the day trendline, and recovered into a retest of the session high as Bailey speaks. RSI(14) is neutral near 55.
Support: 1.3410, 1.33989, 1.33865
Resistance: 1.34261, 1.3450
What it said to watch
M15 close above the 1.3426 session high clears the equal highs and brings the 1.3450 round number into view
Loss of the 1.3410 ny pivot, then the 1.3399 ny low, would break the higher-low chain and the day trendline; the asian high at 1.3387 sits below
Bailey's remarks (17:25 UTC) are live headline risk for GBP; Waller (09:00 UTC) and US CPI (13:30 UTC) on Tue could materially shift this read
17:31 UTC
Uptrend, retesting session high · RSI 62 · price 1.34252
Higher low at 1.3399 after the London high, back at the 1.3426 session high.
London extended the Asia advance through the 1.3386 asian high to a 1.3426 session high as the USD sold off on risk relief. The NY dip held the 1.3400 round number at a 1.3399 ny low, near the 38.2% of the day-move fib and on the rising lows line. Price is back testing the session high with RSI(14) near 62 and ATR(14) around 7 pips.
Support: 1.3410, 1.3399, 1.3386
Resistance: 1.3426
What it said to watch
Bailey is speaking now (17:25 UTC); a hawkish or Pill-style tone could materially shift this read
M15 close above the 1.3426 session high would extend the uptrend sequence; a stall there leaves a double-top shape in place
Failure to hold the 1.3410 range floor would put the 1.3399 ny low and the rising lows line back in play
A break below 1.3399 would undercut the higher-low structure and expose the 1.3386 asian high
Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) are the next scheduled event risk
Higher low at 1.3399 after London high; 1.3400–1.3426 range.
London broke the Asian range high near 1.3387 and extended to a 1.3426 session high as USD softened on US-Iran peace hopes. NY retraced to a 1.3399 NY low, holding the 61.8% of the London leg and the 1.3400 psych level, then reclaimed the 1.3410 pivot; price is now back just under the session high with RSI(14) neutral near 52.
Support: 1.3410, 1.3399
Resistance: 1.34259
What it said to watch
BoE Gov Bailey at 17:25 UTC: an echo of Pill's 'no preset path' could break the 1.3410 pivot
M15 close above the 1.3426 session high extends the London uptrend
Loss of the 1.3399 NY low and the 61.8% fib breaks the higher-low sequence
US CPI Tue 13:30 GMT is the next major volatility event
London breakout above Asian high, NY dip below 1.3400 reclaimed.
London broke the Asian high at 1.3386 and ran to a 1.3426 session high as the USD softened on US-Iran de-escalation hopes and lower oil. The NY dip to the 1.3399 NY low swept below 1.3400 but held near the 38.2% fib. Price has since recovered to 1.3420 after London close, just under the session high.
Support: 1.3410, 1.33989, 1.3386
Resistance: 1.34259
What it said to watch
Bailey at 17:25 UTC and Fed's Barkin at 17:15 GMT could materially shift this read
M15 close above 1.3426 session high extends the higher-high chain off the Asian low
Loss of the 1.3410 intraday low reopens the 1.3399 NY low; a break there undercuts the rising support from the Asian low and the asian high at 1.3386 comes into view
Lower highs since London peak, 1.3399–1.3426 range.
GBP/USD cleared the asian high at 1.3387 at London open as USD sold off on Iran-peace hopes and lower oil. It peaked at a 1.3426 session high, then rotated lower. NY probed the 1.3400 handle, setting the ny low at 1.3399 near the 38.2% fib of the Asia-London leg; price was rejected there and is back above the 1.3410 midday low, with a lower high at 1.3421 still capping the session.
Support: 1.3410, 1.3399, 1.3387
Resistance: 1.3421, 1.3426
What it said to watch
M15 close above the 1.3421 lower high breaks the lower-highs trendline and puts the 1.3426 session high back in play
Failure to hold the 1.3399 ny low, near the 38.2% fib, exposes the 1.3387 asian high
Trump–Qatar PM meeting (17:00 UTC), Barkin (17:15) and Bailey (17:25) within the hour could materially shift this read
London impulse into a 1.3410–1.3426 range; NY false break below the range low.
London cleared the Asian high at 1.3386 and ran to a 1.3426 session high on broad USD weakness, then settled into a 1.3410–1.3426 range. NY dipped below the range low to the 1.3399 NY low, just above the 38.2% fib of the up-leg, and the latest bars reclaimed 1.3410 to leave a false break. Price is sitting on EMA20 with RSI(14) near 48.
Support: 1.3410, 1.33989, 1.33865
Resistance: 1.3421, 1.34259
What it said to watch
Bailey at 17:25 UTC, with Barkin at 17:15 and the Trump–Qatar meeting at 17:00, could materially shift this read
A close back below the 1.3410 range low negates the false break and puts the 1.3399 NY low back in play
NY highs at 1.3421 cap the range below the 1.3426 session high; a close above the session high breaks the range top
Loss of the 1.3399 NY low opens a deeper fib retracement toward the Asian high at 1.3386
London rally capped at 1.3426; NY range break below 1.3410 floor, holding 1.3400.
Asia and London extended Monday's USD-weakness rally from 1.3348 to a 1.3426 session high, then rejection there and lower highs at 1.3421 and 1.3421 set up a NY range break through the 1.3410 range floor. Price is now sitting on the 1.3400 round number, near the 38.2% retracement of the overnight leg, with RSI(14) near 36 after London close.
Support: 1.3400, 1.3387
Resistance: 1.3410, 1.3421, 1.3426
What it said to watch
M15 close below the 1.3400 round number exposes the 1.3387 asian high, which aligns with the 50% retracement of the overnight leg
Reclaim of the 1.3410 range floor and a break of the lower highs trendline near 1.3421 would neutralise the pullback read; the 1.3426 session high caps above
Trump–Qatar PM meeting at 17:00 GMT, Barkin at 17:15 GMT and BoE's Bailey at 17:25 UTC could materially shift this read
US October CPI Tue 13:30 GMT is the next major volatility event for the pair
16:01 UTC
Intraday uptrend fading into a NY pullback · RSI 37 · price 1.3402
London breakout to 1.3426 session high, then a NY range break lower and a lower low at 1.3399.
Broad USD weakness on risk-on and Iran peace hopes drove the London breakout above the Asian range to a 1.3426 session high. NY broke the 1.3410 range floor, with lower highs since 11:15 UTC, and set a 1.3399 NY low at the 61.8% fib of the London leg. Price now sits under EMA20 and right on EMA50, RSI(14) near 37.
Support: 1.3399, 1.3383
Resistance: 1.3410, 1.3426
What it said to watch
M15 close below the 1.3399 NY low and 61.8% fib exposes the 1.3383 london base
Recovery back above the 1.3410 range floor would mark the break lower as a false break
Close above the lower-highs line and the 1.3426 session high would resume the London uptrend
Barkin 17:15 UTC, Bailey 17:25 UTC and the Trump–Qatar Iran meeting at 17:00 GMT could materially shift this read
London broke above the Asian high at 1.3386 and ran to a 1.3426 session high on broad USD softness, then held a 1.3410–1.3422 range into NY. NY printed a lower high at 1.3421 and broke the range floor; price now sits on the 1.3400 round number, the 61.8% of the London leg and EMA50, with RSI(14) near 35.
Support: 1.3400, 1.3390, 1.3386
Resistance: 1.3410, 1.3421, 1.3426
What it said to watch
Close back above the 1.3410 range floor would turn the NY break into a false break
Failure to hold the 1.3400 round number exposes the london base at 1.3390 and the asian high at 1.3386
Close above the 1.3421 lower high reopens the 1.3426 session high
Trump–Qatar meeting 17:00 UTC, Barkin 17:15 and Bailey 17:25 UTC could materially shift this read
15:31 UTC
Uptrend, fading in NY · RSI 43 · price 1.34079
Lower highs from 1.3426, 1.3410 floor broken.
London open broke above the 1.3394 asian high on broad USD softness and ran to a 1.3426 session high. Since then the pair has printed lower highs at 1.3421 and 1.3420 and slipped through the 1.3410 prior lows in the first hours of NY. It is now testing the 1.3405 session low, which sits on the 23.6% retracement of the Asia-London leg, with the 1.3400 round number just below.
Support: 1.3405, 1.3400, 1.3394
Resistance: 1.3410, 1.3421, 1.3426
What it said to watch
M15 close below the 1.3400 round number opens a deeper retracement of the Asia-London leg toward the 1.3394 asian high
Reclaiming 1.3410 prior lows and the 1.3421 lower highs line would neutralise the NY fade and put the 1.3426 session high back in play
Barkin at 17:15 UTC and Bailey at 17:25 UTC could materially shift this read
Lower highs inside 1.3409–1.3422 range after London rally.
Broad USD weakness lifted GBPUSD out of the 1.3348–1.3387 Asian range at London open, topping at the 1.3426 session high before a rejection at 11:45 UTC. Since then it has held a tight 1.3409–1.3422 range with lower highs, and early NY is pressing the range floor with RSI(14) near 39.
Support: 1.3409, 1.3400, 1.3387
Resistance: 1.3422, 1.3426
What it said to watch
M15 close below the 1.3409 range floor exposes the 1.3400 round number, then the 1.3387 asian high near the 38.2% fib
Reclaim of the 1.3422 range top breaks the lower highs line and puts the 1.3426 session high back in play
Trump–Qatar PM meeting at 17:00 GMT and Bailey speech at 17:25 UTC could materially shift this read
US CPI Tue 13:30 GMT is the next major USD catalyst for the range
15:01 UTC
Uptrend paused, drifting to range floor · RSI 44 · price 1.34107
London breakout above the Asian high, then a 1.3410-1.3422 range below the session high.
Broad USD weakness carried London through the 1.3394 Asian high to a 1.3426 session high. Since then price has held a 1.3410–1.3422 range with lower highs, and the 1.3410 range floor has now held three tests. Price is pressing that floor again in the NY session, below EMA20 with RSI(14) near 44.
Support: 1.3410, 1.3406, 1.3394
Resistance: 1.3422, 1.3426
What it said to watch
M15 close below the 1.3410 range floor exposes the 1.3406 swing low, then the 1.3394 Asian high near the 38.2% fib
Close above the 1.3422 range top and the 1.3426 session high resumes the London leg
Goolsbee (15:00 UTC), Trump–Qatar PM meeting (17:00 GMT) and BoE Governor Bailey (17:25 UTC) could materially shift this read
Tight range 1.3410–1.3426 below session high, lower highs since 11:15 UTC.
London cleared the Asian high at 1.3387 on broad USD weakness and printed a session high at 1.3426. Price has since compressed in a 16-pip range during NY hours. The range low at 1.3410 has held twice, while range-high tests near 1.3421 are fading on slightly lower highs. RSI(14) sits mid-band and price is hugging EMA20.
Support: 1.3410, 1.3406, 1.3387
Resistance: 1.3421, 1.3426
What it said to watch
M15 close below the 1.3410 range low exposes the 1.3406 london low and the 23.6% fib
Close above the 1.3426 session high breaks the lower-high trendline and resumes the uptrend
Bailey speech at 17:25 UTC and the Trump–Qatar meeting at 17:00 UTC could materially shift this read
Loss of 1.3387 asian high would unwind the London breakout
Post-breakout range 1.3410–1.3422 under session high.
London broke the asian high at 1.3387 and ran to a 1.3426 session high on broad USD softness. Since late London, price has compressed in a 1.3410–1.3422 range, with the range low tested twice into the NY session. RSI(14) near 50 and ATR around 7 pips reflect the stall.
Support: 1.3410, 1.3387
Resistance: 1.3422, 1.3426
What it said to watch
M15 close below the 1.3410 range low exposes the 1.3387 asian high, near the 50% fib of the asian low–session high move
Close above the 1.3422 range top and the 1.3426 session high resumes the London leg
Bailey speech 17:25 UTC, with Barkin at 17:15 and the Trump–Qatar meeting at 17:00, could materially shift this read
14:16 UTC
Intraday uptrend, stalling under session high · RSI 50 · price 1.3418
London breakout of the Asian range, now a tight consolidation with lower highs.
London broke the 1.3387 asian high and ran to a 1.3426 session high on broad USD weakness, erasing most post-NFP losses. Since late London, price has compressed into a 1.3410–1.3426 band with lower highs. Buyers stepped in at the 1.3410 double low twice, the second time in the first hour of NY.
Support: 1.3410, 1.3406, 1.3387
Resistance: 1.3426, 1.3450
What it said to watch
M15 close below the 1.3410 double low breaks the consolidation and exposes the 1.3406 london low and the 23.6% fib
Close above the 1.3426 session high clears the lower highs line and opens the 1.3450 round number
Slip back below the 1.3387 asian high would unwind the London breakout
Fed's Goolsbee (15:00 UTC), Trump–Qatar meeting (17:00 UTC) and BoE Gov. Bailey (17:25 UTC) could materially shift this read
Lower high at 1.3422 after 1.3426 peak; double low at 1.3410 being retested.
Broad USD weakness lifted GBPUSD from the 1.3348 Asian low through Friday's 1.3377 high to a 1.3426 session high in London. Rejection at a 1.3422 lower high in the first hour of NY has price back on the 1.3410 double low, below EMA20 with RSI(14) near 41.
Support: 1.34096, 1.34059, 1.3400
Resistance: 1.34217, 1.34259
What it said to watch
M15 close below the 1.3410 double low marks a lower low and exposes the 1.3406 london low and the 1.3400 round number
Close back above the 1.3422 lower high and the 1.3426 session high resumes the higher-high chain and invalidates the lower highs read
Monday rally fib 23.6% sits at 1.3407, overlapping the london low; the 38.2% is at 1.3396
BoE Gov. Bailey at 17:25 UTC and Fed's Goolsbee (15:00) and Barkin (17:15) could materially shift this read
London broke above the Asian range, then a 1.3410–1.3426 consolidation with a lower high.
London broke the Asian high at 1.3387 on broad USD weakness and ran to a 1.3426 session high. Price has since chopped between 1.3410 and 1.3426, printing a lower high at 1.3422. The first NY-hour bar is pressing the range floor, with price below EMA20 and RSI(14) cooling to ~44.
Support: 1.3410, 1.3406, 1.3387
Resistance: 1.3422, 1.3426
What it said to watch
M15 close below the 1.3410 range floor exposes the 1.3406 pullback low, then the Asian high at 1.3387 (38.2% of the Monday rally)
Close above the 1.3426 session high breaks the lower-high sequence
Fed's Goolsbee (15:00 UTC), Trump–Qatar PM meeting (17:00 UTC) and BoE's Bailey (17:25 UTC) could materially shift this read
London breakout above Asian range, then 1.3406–1.3426 consolidation with rising lows.
London broke the Asian high at 1.3387 on a softer USD, and the Asia-London leg ran to a 1.3426 session high. Since then price has held a 20-pip consolidation with rising lows and a 12:00 UTC swing low at 1.3410. NY opens mid-range at 1.3416, with RSI(14) near 59 and price above both EMAs.
Support: 1.3410, 1.3387
Resistance: 1.3426, 1.3463
What it said to watch
M15 close above the 1.3426 session high opens the 1.3463 boe peak
Loss of the 1.3410 swing low and the rising lows exposes the 1.3387 asian high
Fed's Bowman (13:40 UTC) and Goolsbee (15:00 UTC) could jolt USD within the NY session
Trump-Qatar meeting 17:00 UTC and Bailey 17:25 UTC are high-risk for this read
London breakout above Asian range, lower highs since 1.3426.
London broke above the 1.3348–1.3387 Asian range on broad USD softness and topped at the 1.3426 session high. The 1.3410 pullback low held during late London, but price has printed lower highs near 1.3420 into the NY open, with RSI(14) flat around 53.
Support: 1.3410, 1.3406, 1.3387
Resistance: 1.3420, 1.3426
What it said to watch
M15 close above the 1.3426 session high resumes the higher-high chain
Loss of the 1.3410 pullback low and the 1.3406 London hl exposes the Asian high at 1.3387, near the 38.2% of the Asia-London leg
Fed's Bowman at 13:40 UTC and the Trump-Qatar meeting at 17:00 UTC could shift USD tone
Bailey speech at 17:25 UTC could materially move GBP and change this read
Higher lows intact since London open; consolidating under a lower high.
London open broke the Asian high at 1.3388 as USD softened on Iran-deal hopes. The move printed a 1.3426 session high, and the 11:45 UTC dip to the 1.3410 pullback low held as a higher low above the 1.3406 London low. Price is consolidating through the London-NY transition under a 1.3420 lower high, with RSI(14) neutral near 56.
Support: 1.3410, 1.3406, 1.3388
Resistance: 1.3420, 1.3426, 1.3463
What it said to watch
M15 close below the 1.3410 pullback low and 1.3406 London low breaks the higher-lows trendline
Close above the 1.3426 session high opens the 1.3463 post-BoE peak
Loss of 1.3388 Asian high puts price back inside the Asian range and negates the London breakout
Bowman 13:40 UTC, Trump-Qatar 17:00 GMT and Bailey 17:25 UTC could materially shift this read; US CPI Tue 13:30 UTC
London broke the Asian range top near 1.3387 and ran to a 1.34259 session high as USD gave back Friday's NFP gains. The 11:45 drop stalled at a 1.34096 pullback low near the ema20, above the 1.34059 swing low, and price is now rebuilding toward the high into the NY open with RSI(14) neutral near 57.
Support: 1.34096, 1.34059, 1.3400
Resistance: 1.34259
What it said to watch
M15 close below the 1.34059 swing low breaks the higher-low chain and exposes the 1.3400 round number
Clearance of the 1.34259 session high would resume the London leg; another rejection there turns it into a range top
Fed's Bowman at 13:40 GMT, the Trump–Qatar Iran meeting at 17:00 GMT and BoE's Bailey at 17:25 GMT could materially shift this read
12:31 UTC
Uptrend, first pullback underway · RSI 58 · price 1.34147
London HH/HL chain intact; 11:45 drop held the 38.2% retrace.
London broke the Asian high at 1.3387 and ran to a 1.3426 session high on broad USD softness. The 11:45 drop stalled at the 1.3410 pullback low, the 38.2% of the London leg, where demand stepped in. Price is hovering just above EMA20 into the NY open, with RSI(14) cooling to about 58.
Support: 1.34096, 1.34059, 1.33865
Resistance: 1.34259, 1.3450
What it said to watch
A close below the 1.3406 swing low breaks the London HH/HL chain and exposes the Asian high at 1.3387.
A close above the 1.3426 session high resumes the uptrend and opens the 1.3450 round number.
Fed's Bowman (13:40) and Goolsbee (15:00) speak, then Trump–Qatar Iran talks (17:00) and BoE's Bailey (17:25 GMT). Any of these could materially shift this read.
London breakout above Asian range, HH/HL chain broken at 11:45.
London broke the Asian range top near 1.3387 and the 1.3400 round number on broad USD softness, grinding to a 1.3426 session high at 11:15. A 10-pip drop at 11:45 broke the rising intraday trendline and RSI(14) has cooled to ~52, with price holding the 1.3410 pullback low into the NY open.
Support: 1.3410, 1.3406, 1.3400
Resistance: 1.3423, 1.3426
What it said to watch
M15 close below the 1.3406 london low breaks the HL chain and exposes the 1.3400 round number near the 23.6% fib of the Asia-London rally
Reclaim of the 1.3423 lower high puts the 1.3426 session high back in play
Fed speakers (Bowman 13:40, Goolsbee 15:00 GMT), Trump–Qatar meeting 17:00 and Bailey 17:25 GMT could materially shift this read
London broke the Asian range high; HH/HL chain intact above 1.3406, rising trendline broken.
London cleared the Asian high at 1.3386 and Friday's pre-NFP high near 1.3404 on broad USD softness, printing a session high at 1.3426. The 11:45 UTC bar was rejected 10 pips off that high and broke the London trendline. Price is sitting on EMA20 at 1.3410 with RSI(14) cooled to about 49.
Support: 1.34059, 1.3404, 1.33865
Resistance: 1.34259
What it said to watch
M15 close below the 1.3406 swing low breaks the London HH/HL chain and exposes the friday high at 1.3404 and the 38.2% fib near 1.3396
Recapture of the 1.3426 session high resumes the leg and negates the trendline break
Deeper pullback to the asian high at 1.3386, which is also the 50% fib, would retrace half the Monday move
Fed speakers Bowman 13:40 and Goolsbee 15:00 GMT, then Bailey at 17:25 GMT, could materially shift this read
Higher-low chain from Asian range, London breakout above Friday high.
London broke above the Asian range and Friday's 1.3404 high at 08:00 UTC, fully reversing the NFP drop as the USD softens on risk-on and oil lows. The pullback held at the 1.3406 swing low, near the fib 50% of the London leg. Higher lows have since ground into the 1.3426 session high, with ATR compressing and price now sitting on rising support.
Support: 1.3417, 1.3406, 1.3400
Resistance: 1.3426, 1.3450
What it said to watch
M15 close above the 1.3426 session high opens the 1.3450 round number
Break of the 1.3417 higher low and the rising support line flattens the London trend
Failure to hold the 1.3406 swing low exposes the 1.3400 round number and Friday's breakout level
Fed speakers Bowman (13:40 GMT) and Goolsbee (15:00 GMT) could jolt USD into the NY open
Bailey speaks at 17:25 GMT; any December-timing pushback could change this read
HH/HL chain since London open, holding well above the Asian range.
London open broke the Asian high at 1.33865 and pushed to a 1.34259 session high, retracing all of Friday's NFP drop as broad USD softness weighs. Pullbacks stay shallow, with a higher low at 1.34167 and the 1.34059 swing low sitting on the 38.2–50% fib of the London leg. RSI(14) is near 69, warm but not stretched.
Support: 1.34167, 1.34059, 1.33865
Resistance: 1.34259, 1.3463
What it said to watch
An M15 close below the 1.34167 higher low breaks the HH/HL chain; failure at the 1.34059 swing low exposes the 61.8% fib near 1.3399
A sustained break of the 1.34259 session high opens the path toward the 1.3463 prior high
Fed's Bowman (13:40 GMT), the Trump–Qatar meeting (17:00) and BoE's Bailey (17:25) could materially shift this read during NY hours
London open broke the Asian high at 1.3387 and has fully reversed Friday's NFP drop, building higher lows at the 1.3406 swing low and 1.3417 pullback low up to a 1.3424 session high as broad USD softness on Iran-deal and lower-oil headlines persists. RSI(14) is near 78 ahead of the NY open, with price holding above the rising trendline and the 38.2% of the London leg fib.
Support: 1.3417, 1.3406, 1.3387
Resistance: 1.3424, 1.3463
What it said to watch
M15 close below the 1.3406 swing low breaks the HH/HL chain and the rising trendline
Loss of 1.3387 asian high puts price back inside the Asian range
Clearance of the 1.3424 session high opens the 1.3463 prior high (last week's top)
Bowman 13:40 GMT and Trump–Qatar PM meeting 17:00 GMT could shift USD tone
BoE Governor Bailey at 17:25 GMT could materially shift this read
HH/HL chain after London broke above the Asian range.
London broke the Asian high at 1.3387 and cleared the 1.3400 round number, fully retracing Friday's NFP drop as USD gives back part of that rally. Mid-London the HH/HL chain holds, with a swing low at 1.3406 beneath and the session high at 1.3423 capping. RSI(14) near 76 is hot but not extreme.
Support: 1.34059, 1.3400, 1.33865
Resistance: 1.3423
What it said to watch
M15 close back below the 1.3406 swing low breaks the HL sequence
Loss of the 1.3400 round number would mark the London breakout as a false break, exposing the Asian high at 1.3387
Fed speakers Bowman 13:40 and Goolsbee 15:00 GMT, then BoE Bailey at 17:25 GMT, could materially shift this read
US CPI Tue 13:30 GMT is the next major USD risk
10:46 UTC
Uptrend, extended · RSI 80 · price 1.34218
London breakout above Asian high, higher lows intact.
London broke the Asian high at 1.3387 at the open. Cable then reclaimed the 1.3400 round number and Friday's pre-NFP high, and has ground up to a 1.3423 session high as the dollar gives back NFP gains on firmer risk appetite. Higher lows are intact above the 1.3406 pullback low, but RSI(14) near 80 is stretched.
Support: 1.3406, 1.3400, 1.3387
Resistance: 1.3423, 1.3450
What it said to watch
Session high at 1.3423: area to watch for rejection or a push toward the 1.3450 round number
M15 close below the 1.3406 pullback low breaks the London higher-low chain
Loss of the 1.3400 round number puts the Asian high at 1.3387 and the 38.2% fib near 1.3394 in play
Fed speakers Bowman (13:40 GMT) and Goolsbee (15:00 GMT) during NY hours, then Bailey at 17:25 GMT, could materially shift this read
10:31 UTC
Uptrend, RSI stretched · RSI 84 · price 1.34222
Higher highs and higher lows after London broke above the Asian range.
London open drove through the Asian high at 1.3386 and the 1.3400 round number as USD gave back part of its post-NFP gains on lower oil and firmer risk appetite. The 1.3406 swing low held on the pullback, and price is pressing a fresh session high at 1.3423 mid-London session with RSI(14) near 84.
Support: 1.3406, 1.3400, 1.3386
Resistance: 1.3423, 1.3463
What it said to watch
M15 close back below the 1.3406 swing low breaks the higher-low chain
Loss of the 1.3400 round number and a return inside the Asian high at 1.3386 marks the breakout as a false break
Extension past the 1.3423 session high leaves the 1.3463 pre-NFP high as the next reference
Fed's Bowman at 13:40 GMT and BoE's Bailey at 17:25 GMT could materially shift this read
10:16 UTC
Uptrend, RSI stretched · RSI 79 · price 1.34195
HH/HL chain from Asian open; London broke the Asian range and the 1.3400 round number.
London broke the Asian high at 1.3387 and cleared the 1.3400 round number and Friday's 1.3404 high. Lingering BoE hawkishness and a softer USD are behind the move. A swing low at 1.3406 held, and price is pressing the 1.3420 session high late in the London morning, with RSI(14) near 79 running hot.
Support: 1.34059, 1.3400, 1.33865
Resistance: 1.34197, 1.3463
What it said to watch
Failure to hold the 1.3406 swing low breaks the London trend higher-low chain
A return below the 1.3400 round number turns the breakout into a false break; the Asian high at 1.3387 is next below
A close above the 1.3420 session high opens the path toward the 1.3463 pre-NFP high
Fed speakers Bowman (13:40 GMT) and Goolsbee (15:00 GMT), then BoE's Bailey at 17:25 GMT, could materially shift this read
Higher highs and higher lows since Asia; London broke above 1.3400 and Friday's high.
Mid-London, the pair has fully retraced Friday's post-NFP drop to 1.3342. London broke the Asian high at 1.3387, then cleared the 1.3400 round number and Friday's 1.3404 prior high as USD eased on lower oil. A higher low at 1.3406 has held, the session high at 1.3419 is being retested and RSI(14) is near 79, stretched but holding along the rising trendline from the Asian low.
Support: 1.34059, 1.34041, 1.33865
Resistance: 1.34187, 1.3450
What it said to watch
M15 close back below the 1.3406 higher low breaks the London HH/HL chain
A move back under the 1.3404 prior high would make the breakout a false break, exposing the 1.3387 asian high and the rising trendline
Acceptance above the 1.3419 session high opens the 1.3450 psych level
Fed's Bowman at 13:40 GMT and BoE's Bailey at 17:25 GMT could materially shift this read
HH/HL chain from Asia low; Friday high broken, shallow retest holding.
Monday rally from the 1.3348 Asia low accelerated at London open as the dollar eased. Price broke the Asian high at 1.3388 and Friday high at 1.3404, printing a 1.3416 session high. The pullback low at 1.3406 held above the broken Friday high, and RSI(14) near 76 is hot but in-trend.
Support: 1.34059, 1.34041, 1.33882
Resistance: 1.34156, 1.3450
What it said to watch
M15 close back below 1.3404 friday high turns the breakout into a false break and exposes the asian high at 1.3388
M15 close above the 1.3416 session high extends the HH chain toward the 1.3450 round number
A break below the rising trendline, near 1.3392, ends the Monday HL sequence
Fed's Bowman 13:40 and Goolsbee 15:00 GMT, the Trump–Qatar meeting 17:00 GMT and BoE Governor Bailey 17:25 GMT could materially shift this read
09:16 UTC
Uptrend, pulling back from session high · RSI 74 · price 1.34077
London broke above the Asian range and Friday's high; first pullback now testing that break.
London open drove GBP through the Asian high at 1.3387 and Friday's high near 1.3404, topping at a 1.3416 session high as USD gives back part of its NFP rally. Price is now easing back toward the 1.3404 friday high, which lines up with the 38.2% fib of the London leg, while RSI(14) cools from the low 80s.
Support: 1.3404, 1.33865
Resistance: 1.34156
What it said to watch
M15 close back below the 1.3404 friday high and 38.2% fib turns the breakout into a false break and exposes the 1.3387 asian high
Break above the 1.3416 session high extends the London higher-high chain
Fed's Bowman, Goolsbee and Barkin, the Trump–Qatar meeting at 17:00 GMT and BoE's Bailey at 17:25 UTC could materially shift this read
09:01 UTC
Uptrend, stretched after London open push · RSI 80 · price 1.34103
Higher lows through Asia, range break above Asian high into London.
Monday's higher-low chain from 1.3348 resolved at London open with a range break above the Asian high at 1.3387 and the 1.3400 round number. The leg extended to a session high of 1.3416, with RSI(14) near 80, as USD gave back part of its NFP gains on lower crude and BoE-hike pricing held. Price is pausing just above 1.3400, with ATR(14) around 5 pips after the expansion bars.
Support: 1.3400, 1.33865, 1.33829
Resistance: 1.34156
What it said to watch
Failure to hold the 1.3400 round number puts the breakout under retest pressure
M15 close back inside the Asian range below the 1.3387 asian high would mark a false break
Break of the 1.3383 swing low undercuts the Asia-to-London trendline
M15 close above the 1.3416 session high extends the leg; RSI near 80 leaves it stretched
Fed's Bowman (13:40 UTC) and Bailey (17:25 UTC) could materially shift this read
08:46 UTC
Uptrend, RSI stretched · RSI 83 · price 1.34118
HH/HL chain from the Asian low; London broke the Asian range high and Friday's pre-NFP high.
Early London extended the Asian grind higher: price cleared the Asian high at 1.3388 and Friday's pre-NFP high at 1.3404, erasing the payrolls drop, and printed a session high at 1.3416. The move tracks DXY giving back part of its NFP gain while BoE-hike pricing supports GBP, but RSI(14) near 83 is stretched against a 5-pip ATR.
Support: 1.3404, 1.3388
Resistance: 1.3416, 1.3463
What it said to watch
Holding above the 1.3404 pre-nfp high keeps the breakout intact. A slip back below the 1.3388 asian high, where the 38.2% fib of the Asia-London leg sits, would mark a false break.
A break below the rising support from the Asian low would end the intraday HH/HL chain.
A close above the 1.3416 session high opens the path toward the 1.3463 friday peak cited in the digest.
Fed's Bowman (13:40 UTC) and Goolsbee (15:00 UTC), then Bailey at 17:25 UTC, could materially shift this read.
08:31 UTC
Uptrend, RSI stretched · RSI 84 · price 1.34101
Higher lows from Asia, London broke the Asian high and the 1.3400 handle.
The Asia session grind higher extended in early London. Price cleared the 1.3387 Asian high, the 1.3400 handle and Friday's 1.3404 pre-NFP high, reaching a 1.3414 session high and fully retracing the post-payrolls drop. RSI(14) near 84 is stretched after two wide-range bars, while the Asia trendline from the 1.3348 low remains intact well below.
Support: 1.3404, 1.3387
Resistance: 1.34136, 1.3463
What it said to watch
Holding above the 1.3404 pre-nfp high keeps the breakout intact; a slip back under it flags a false break
A drop back below the 1.3387 Asian high would put the Asia trendline in play
An M15 close above the 1.3414 session high opens room toward Friday's 1.3463 peak
Fed speakers Bowman (13:40 UTC) and Goolsbee (15:00 UTC) during NY hours could shift USD pricing; Bailey at 17:25 UTC follows
08:16 UTC
Uptrend, stretched into early London · RSI 84 · price 1.34041
Higher lows since Sunday open, Asian high broken at London open.
London open broke the Asian high at 1.3387 and drove through the 1.3400 round number. The post-NFP rally has now fully retraced Friday's drop back to the pre-NFP high at 1.3404, with RSI(14) at 84. The bid reflects lingering BoE-hike support and USD giving back part of its NFP gains, and the rising trendline from the Sunday low remains intact.
Support: 1.3400, 1.33865, 1.33829
Resistance: 1.34042
What it said to watch
Sustained M15 closes above the 1.3404 pre-NFP high extend the breakout; a rejection there with RSI near 84 points to a pullback toward the 1.3400 round number
A close back below the 1.3387 Asian high and the 1.3383 London low would mark the London breakout as a false break and test the rising trendline
Fed speakers (Bowman 13:40, Goolsbee 15:00, Barkin 17:15 GMT) and Bailey at 17:25 UTC could materially shift this read
HH/HL chain from Asia low; London open trading above the Asian range.
GBP/USD climbed through Asia from the 1.3347 monday low, and the pre-London push cleared the 1.3387 Asian high. That puts the London open bar at 1.3391, the 78.6% retracement of Friday's NFP drop, just under the 1.3394 session high and the 1.3400 round number. The rising trendline is intact with the 1.3383 pullback low as the first higher low. RSI(14) near 77 is hot but not extreme, the 1.3370 asia shelf sits below, and the bounce reflects lingering BoE-hike support rather than a fresh catalyst.
Support: 1.3383, 1.3370, 1.33475
Resistance: 1.33938, 1.3400, 1.34101
What it said to watch
M15 close above the 1.3400 round number clears the NFP-drop retracement and exposes the 1.3410 friday high
Break of the 1.3383 pullback low and the rising trendline ends the HH/HL chain and puts the 1.3370 asia shelf in play
Rejection at the 1.3394 session high with RSI rolling over from the high-70s would mark the 78.6% fib as a cap
Fed speakers (Bowman 13:40, Goolsbee 15:00 GMT) and Bailey at 17:25 UTC could materially shift this read
07:46 UTC
Uptrend, stretched into the London open · RSI 76 · price 1.33892
Higher-low chain along a rising trendline since the Monday open.
GBP/USD has ground higher from the Monday open in a steady higher-low chain. It has cleared Friday's 1.3377 bounce high (prior high) into the London open, and the session high at 1.3392 sits just under the 1.3400 round number where Friday's NFP-driven drop began. RSI(14) near 76 is hot but not extreme, with price now past the 61.8% retracement of Friday's drop on lingering BoE-hike support.
Support: 1.3383, 1.3377, 1.3370
Resistance: 1.3392, 1.3400, 1.3410
What it said to watch
M15 close below the 1.3383 swing low breaks the rising trendline and the higher-low chain
Loss of the 1.3377 prior high puts the 1.3370 asia base back in play
Rejection at the 1.3392 session high or the 1.3400 round number leaves the move capped inside Friday's drop
Acceptance above 1.3400 reopens Friday's pre-drop range toward the 1.3410 friday high
Bowman 13:40 UTC and Bailey 17:25 UTC could materially shift this read
HH/HL chain from Monday low, pressing session high.
GBPUSD has climbed through the Asia session from the 1.3348 Monday low, clawing back part of Friday's NFP-driven slide on lingering BoE-hike support, and has cleared the prior high at 1.3377. The rising trendline off the 1.3360 and 1.3370 asian base pivots held the 1.3383 dip into the 1.3389 session high. RSI(14) at 75 is hot but not extreme, ATR is near 3 pips ahead of London open, and the 1.3395 nfp shelf and 1.3400 round number sit just overhead.
Support: 1.33775, 1.3370, 1.33475
Resistance: 1.33892, 1.3395, 1.3400
What it said to watch
M15 close back below the rising trendline (~1.3384) and the 1.3377 prior high would break the Asia HH/HL chain
Acceptance above the 1.3395 nfp shelf and 1.3400 round number reopens Friday's pre-NFP range
Loss of the 1.3370 asian base, near the 50% fib of the Monday rally, exposes the 1.3348 monday low
Rejection at the 1.3389 session high as London opens would point to the Asia move stalling
Fed speakers (Bowman 13:40 UTC) and Bailey at 17:25 UTC could materially shift this read
07:16 UTC
Uptrend, steady grind higher through Asia · RSI 77 · price 1.33846
HH/HL chain off Monday low, above Friday NY high.
Asia has retraced most of Friday's NFP drop as the USD fades on Iran-diplomacy oil weakness. Price has climbed from the 1.3348 monday low through the 1.3377 fri ny high and the 61.8% NFP drop fib, holding the asia rising trendline into a 1.3388 session high just ahead of London open. RSI(14) near 77 on a tight ~3-pip ATR; the 1.3370 asia shelf is the last consolidation base.
Support: 1.33774, 1.3370, 1.33475
Resistance: 1.33882, 1.33959, 1.3400
What it said to watch
M15 close back below the 1.3377 fri ny high negates the breakout read
Break of the asia rising trendline and the 1.3370 asia shelf would flip the HH/HL chain
Acceptance above the 1.3396 pre-nfp high puts the 1.3400 round number in play
London open liquidity may test the session high after thin Asia flow
Fed speakers from 13:40 UTC, then the Trump–Qatar meeting at 17:00 UTC and Bailey at 17:25 UTC, could materially shift this read
07:01 UTC
Uptrend, stretched into London open · RSI 78 · price 1.33861
Asia HH/HL stair-step off Friday's post-NFP lows, session high just under 1.3400.
Asia ground higher off the 1.3348 Asian low in a clean HH/HL chain, with GBP lifted by the hawkish BoE backdrop and a softer DXY. That has retraced most of Friday's NFP drop, and price is pressing the 1.3387 session high as London opens, just below the 1.3400 round number and the 1.3404 pre-NFP high. RSI(14) near 78 and ATR(14) around 3 pips point to a stretched, thin grind rather than impulsive buying.
Support: 1.33792, 1.3370, 1.33475
Resistance: 1.33865, 1.3400, 1.34041
What it said to watch
M15 close above the 1.3400 round number puts the 1.3404 pre-NFP high back in play
Loss of the rising trendline and the 1.3379 swing low breaks the Asia HH/HL chain and exposes the 1.3370 Asian shelf near the 38.2% fib
Rejection at the session high on London open with RSI rolling from 78 would mark exhaustion of the Asian advance
Fed speakers from Bowman 13:40 UTC and Bailey 17:25 UTC could materially shift this read
Higher-low chain off Friday's post-NFP base, pressing the session high.
GBPUSD climbed steadily through the Asia session from the 1.3348 asian low as USD softened on lower oil and Iran-talk headlines. Price is above the 61.8% retracement of Friday's NFP drop and is testing the 1.3386 session high into London open. Higher lows hold along the rising trendline, last at the 1.3379 swing low and the 1.3370 pivot low, and RSI(14) sits near 76.
Support: 1.33792, 1.33697, 1.33475
Resistance: 1.33863, 1.3400, 1.34161
What it said to watch
M15 close below the 1.3379 swing low and the rising trendline breaks the Asian higher-low chain
Loss of the 1.3370 pivot low exposes the asian low at 1.3348
Rejection at the 1.3386 session high with RSI above 75 would mark the Asian push as exhausted
Close above the 1.3400 round number reclaims Friday's broken support; the 1.3416 prior high sits above
Fed speakers Bowman 13:40 and Goolsbee 15:00 GMT, then Bailey 17:25 UTC, could materially shift this read
HH/HL chain from Monday open, above Friday's nfp rebound high.
The Asia session has extended Monday's recovery from Friday's 1.3347 close. Price cleared the 1.3377 nfp rebound high and printed a 1.3386 session high on a clean HH/HL chain along the Asia trendline. RSI(14) near 76 and ATR around 3 pips point to a hot but thin pre-London grind, with GBP steadied by hawkish BoE pricing and the dollar softer on lower oil.
Support: 1.33774, 1.3370, 1.33651
Resistance: 1.33863, 1.3396, 1.3400
What it said to watch
A break of the Asia trendline (~1.3382) and a close back under the 1.3377 nfp rebound shifts the read to a pullback toward the 1.3370 asia base
A close above the 1.3386 session high exposes the 1.3396 pre-nfp high and the 1.3400 round number, which is Friday's broken support
Losing the 1.3365 swing low unwinds the Asia HH/HL chain; the 50% of the asia leg fib sits at 1.3367
The London open in ~90 min and Fed's Bowman at 13:40 GMT could expand ranges well beyond Asia ATR; BoE's Bailey at 17:25 UTC is the larger GBP risk today
06:16 UTC
Uptrend through Asia, RSI hot · RSI 76 · price 1.33852
Higher lows off the 1.3348 Asian low, breakout above the post-NFP high.
Late Asia session: price has ground higher from the 1.3348 Asian low and cleared the 1.3377 post-NFP high, with a softer USD on lower oil and firm BoE hike pricing behind the move. It now sits at 1.3385, about a 69% retrace on the NFP drop fib, just under the 1.3389 NFP bar high and the 1.3400 round number, with RSI(14) near 76 and the rising trendline and 1.3370 Asia shelf below.
Support: 1.33774, 1.33697, 1.33475
Resistance: 1.33893, 1.3400
What it said to watch
M15 close above the 1.3389 NFP bar high and 1.3400 round number extends the retrace of Friday's NFP drop
Failure back below the 1.3377 post-NFP high turns the Asia breakout into a false break and exposes the 1.3370 Asia shelf
A break of the rising trendline and the Asia shelf puts the 1.3348 Asian low back in view
London open is the first test of the Asian range top near 1.3386
Fed's Bowman (13:40 UTC) and BoE Governor Bailey (17:25 UTC) could materially shift this read
Higher-low chain off the asian low, pressing the asian high at the 61.8% of the NFP leg.
Late Asia session: GBPUSD has climbed from the 1.3347 asian low into the 61.8% retracement of Friday's NFP leg, now pressing the 1.3381 asian high as USD fades on lower oil. Higher lows hold above the 1.3370 asia shelf; RSI(14) near 66 and ATR(14) around 3 pips into London open.
Support: 1.3370, 1.3347, 1.3342
Resistance: 1.3381, 1.3400
What it said to watch
M15 close above the 1.3381 asian high opens the 1.3400 round number, Friday's broken support
Loss of the 1.3370 asia shelf breaks the higher-low chain, exposing the asian low at 1.3347 and the nfp low at 1.3342
Rejection at the 61.8% of the NFP leg into London open would cap the Asia retracement
Fed's Bowman at 13:40 UTC and Bailey at 17:25 UTC could materially shift this read
Higher highs and higher lows off the 1.3348 Asia low; post-NFP bounce high broken.
Asia session built a higher-high, higher-low chain off the 1.3348 Asia low and cleared Friday's 1.3377 nfp bounce high as USD eased on lower oil and Iran-deal hopes. Price is pressing the 1.3381 pre-NFP low ahead of the London open, with the 1.3370 asia base underneath and RSI(14) near 68.
Support: 1.3377, 1.3370, 1.3348
Resistance: 1.3381, 1.3400
What it said to watch
M15 close back below the 1.3377 nfp bounce level turns the break into a false break and exposes the 1.3370 asia base, which also sits at the 38.2% of the Asia leg fib
Acceptance above the 1.3381 pre-nfp low opens the 1.3400 round number, Friday's broken support
A break of the rising asia hl line, followed by a loss of the 1.3348 asia low, erases the Monday recovery
London open in about 75 minutes, Fed's Bowman at 13:40 UTC and Bailey at 17:25 UTC could materially shift this read
Asia session has stacked rising lows off the 1.3348 asian low and broke out of the 1.3370 asia shelf, now pressing Friday's 1.3381 pre-NFP low just past the 38.2% retrace of the Friday decline fib. The bounce tracks a softer USD on Iran-deal hopes and lower oil. RSI(14) at 76 into London open, ATR thin near 3 pips.
Support: 1.3370, 1.33651, 1.33475
Resistance: 1.33812, 1.33849, 1.3400
What it said to watch
Rejection at the 1.3381 pre-nfp low keeps this a retracement of the NFP drop; an M15 close above the 1.3385 50% fib opens the 1.3400 round number
Loss of the rising lows and the 1.3370 asia shelf breaks the higher-low chain, exposing the 1.3365 swing low
London open liquidity could test the Asian range; Fed's Bowman (13:40 UTC) and Bailey (17:25 UTC) later today could materially shift this read
05:17 UTC
Uptrend, steady HH/HL through Asia · RSI 71 · price 1.33783
Higher-high/higher-low chain from 1.3348; push out of a 1.3370–1.3376 consolidation to a fresh session high.
Late Asia session: GBPUSD has ground higher off the 1.3348 asian low, rebounding from Friday's NFP-driven drop as the USD eases on Iran-deal hopes. The pair broke out of the 1.3370 consol base to a 1.3380 session high, just above Friday's post-NFP bounce high at 1.3377. RSI(14) near 71 is warm but not stretched, and ATR sits around 3 pips.
Support: 1.3370, 1.33651, 1.33475
Resistance: 1.33798, 1.3400
What it said to watch
A close back below the 1.3370 consol base would mark the breakout as a false break and bring the 1.3365 swing low into focus
Acceptance above the 1.3380 session high opens the path to the 1.3400 round number, which is Friday's broken support
The 38.2–50% retracement of the Asia leg (1.3368–1.3364) lines up with the swing low
A break below the 1.3348 asian low would erase the Monday rebound
London open liquidity, Fed's Bowman (13:40 UTC) and BoE's Bailey (17:25 UTC) could materially shift this read
05:02 UTC
Uptrend through Asia, RSI hot · RSI 76 · price 1.33781
Higher lows from the 1.3348 Asian low, testing the 1.3378 Friday high.
GBPUSD has stair-stepped higher from the 1.3348 asian low through late Asia. It is now pressing Friday's nfp bounce high at 1.3378, just above the 61.8% of the NFP drop fib, with RSI(14) near 76 as a softer USD on lower oil meets a hawkish BoE read. The pullback low at 1.3370 and swing low at 1.3365 define the higher-low chain along the Asia rising trendline.
Support: 1.3370, 1.3365, 1.3348
Resistance: 1.3378, 1.3381, 1.3400
What it said to watch
M15 close above 1.3378 nfp bounce clears the way to the 1.3381 pre-nfp low, then the 1.3400 round number
Close back below the 1.3370 pullback low and the Asia rising trendline breaks the higher-low chain, exposing the 1.3365 swing low
Loss of the 1.3348 asian low unwinds the whole Asia rebound
London open in ~3h may extend or reject the Asian range high; Fedspeak (Bowman 13:40 UTC) and Bailey 17:25 UTC could materially shift this read
Higher-low chain off Asian low, pressing post-NFP high.
Late Asia session has extended Monday's rebound from the 1.3348 Asian low. A chain of higher lows is now testing Friday's 1.3377 post-NFP high, which sits at the 61.8% retrace of the payrolls drop, as the USD eases on lower oil. The 1.3370 range floor held through a tight 03:00–04:30 UTC lull ahead of London open.
Support: 1.3370, 1.33651, 1.33475
Resistance: 1.33774, 1.33959, 1.3400
What it said to watch
Close above the 1.3377 post-NFP high opens the 1.3396 pre-NFP high and the 1.3400 round number
Loss of the 1.3370 range floor and the rising Asia trendline exposes the 1.3365 swing low
Break below the 1.3348 Asian low would fully unwind Monday's rebound
Bowman 13:40 UTC and Bailey 17:25 UTC could materially shift this read
04:31 UTC
Asia rebound, momentum stalling · RSI 60 · price 1.3372
Higher lows from the Asian low, now a tight 1.3370–1.3376 consolidation just under the post-NFP high.
The Asia session lifted off the 1.3347 Asian low as USD eased on lower oil. It printed higher lows, with the 1.3365 swing low the latest, and stalled at the 1.3376 Asian high, just under Friday's 1.3377 post-NFP high. For the last two hours price has compressed in a 6-pip consolidation above the 1.3370 consol low, with RSI(14) near 60 and ATR down to roughly 3.6 pips ahead of London open.
Support: 1.3370, 1.3365, 1.3347
Resistance: 1.3376, 1.3377, 1.3400
What it said to watch
A close above the 1.3377 post-NFP high opens a test of the 1.3400 round number, the broken pre-NFP support.
A break of the 1.3370 consol low and the 1.3365 swing low ends the higher-low sequence and exposes the 1.3347 Asian low.
London open liquidity is likely to resolve the current compression range.
Bowman (13:40 UTC) and Bailey (17:25 UTC) speak later today and could materially shift this read.
04:16 UTC
Asia recovery stalling into flat drift · RSI 62 · price 1.33711
Rising Asian leg broken into a tight 1.3370–1.3376 range.
GBP/USD recovered from 1.3348 to an Asian high of 1.3376 on hawkish BoE pricing and a softer USD, but stalled just shy of Friday's post-NFP high at 1.3377. The rising Asian trendline gave way at 03:00 UTC, and late Asia is now compressing above the 1.3370 range low with ATR near 4 pips.
Support: 1.33697, 1.33595, 1.3346
Resistance: 1.33761, 1.33774, 1.3400
What it said to watch
Close above the 1.3376 asian high and 1.3377 post-NFP high opens the 1.3400 round number
Failure to hold the 1.3370 range low exposes the 1.3360 asia pivot near the 38.2–50% asian rally fib
Break of the 1.3346 friday low resumes the post-NFP decline
London open around 08:00 UTC is likely to set the session range out of this compression
Bailey speech at 17:25 UTC could materially shift this read
Asia higher-low chain stalling under post-NFP bounce high.
Asia session has clawed back part of Friday's NFP-driven slide. A higher-low chain from the 1.3348 asian low lifted price to a 1.3376 asian high, just shy of the 1.3377 nfp bounce high, with the 1.3365 swing low sitting on the 38.2% retrace. The last hour has compressed into a 3-pip band on the rising trendline, RSI(14) cooling to around 61 with BoE hawkishness and a softer USD in the backdrop.
Support: 1.33651, 1.3360, 1.33475
Resistance: 1.33761, 1.33774, 1.3400
What it said to watch
M15 close below the rising trendline and the 1.3365 swing low breaks the Asia higher-low chain, exposing the 1.3360 higher low
Clearance of the 1.3376 asian high and 1.3377 nfp bounce high opens the 1.3400 round number
London open is likely to decide whether the Asian range holds or breaks
Bailey speech at 17:25 UTC and Fed's Bowman at 13:40 UTC could materially shift this read
03:46 UTC
Intraday recovery, stalling below Asian high · RSI 63 · price 1.33712
Higher low off 1.3348 Asian low, capped at 1.3376.
Asia session lifted GBPUSD off the 1.3348 Asian low as USD softens, recovering part of Friday's NFP-driven slide to the 1.3342 NFP low. The bounce stalled at the 1.3376 Asian high, which sits on the 61.8% retrace of the NFP drop. Price is now coiling at 1.3370–1.3376 with the 1.3365 pullback low intact, RSI(14) near 63 and ATR(14) about 4 pips.
Support: 1.33651, 1.33475, 1.33421
Resistance: 1.33761, 1.3400
What it said to watch
M15 close above the 1.3376 asian high and the 61.8% retrace of the NFP drop opens the path to the 1.3400 round number, broken Friday
Failure to hold the 1.3365 pullback low reopens the 1.3348 asian low
London open is the first test of whether the Asian range extends or the high caps
Bailey speech at 17:25 UTC: any dovish read on priced BoE hikes could materially shift this read
Asian higher-low chain off 1.3348, capped at 1.3376-1.3377.
Asia session lifted GBPUSD off Friday's 1.3347 close in a higher-low sequence as USD softened on hawkish non-US central-bank signals. Price is flattening just under the 1.3376 Asian high and Friday's 1.3377 post-NFP high, and has slipped off the steepest part of the climb. The 38.2% retracement of the Asian leg lines up with the 1.3365 swing low.
Support: 1.33651, 1.33475, 1.33421
Resistance: 1.33761, 1.33774, 1.3400
What it said to watch
M15 close above the 1.3377 post-NFP high opens the path to the 1.3400 round number, Friday's broken support
Failure to hold the 1.3365 swing low breaks the Asian higher-low chain and exposes the 1.3348 Asian low, then the 1.3342 NFP low
London open (07:00 UTC) in about 3.5h will show whether the Asian range edges hold or break
Fed's Bowman at 13:40 UTC and BoE Governor Bailey at 17:25 UTC could materially shift this read
Asia HH/HL chain off 1.3348, compressing under post-NFP high.
Asia has lifted GBPUSD off Friday's post-NFP base near 1.3350. The HH/HL chain from the 1.33475 Asian low is now stalling just under the 1.3377 post-NFP high, as USD softens against hawkish non-US central banks. The last eight bars are compressing between 1.3365 and 1.3376, with RSI(14) near 69 and ATR at about 4.6 pips in thin pre-London trade.
Support: 1.33651, 1.3360, 1.33475
Resistance: 1.33774, 1.3400
What it said to watch
M15 close above the 1.3377 post-NFP high clears the Asian range top and opens 1.3400, the round number and Friday's broken support
Loss of the 1.3365 higher low breaks the HH/HL chain; the 1.3360 swing low sits near the 50% retrace of the Asian leg fib
A break below the 1.33475 Asian low returns price to Friday's post-NFP lows and negates the Asia bounce
London open in about 4h tends to test the Asian range; Fedspeak from 13:40 UTC and Bailey at 17:25 UTC could materially shift this read
Asia HH/HL chain from 1.3347, testing Friday's NFP bounce high.
Mid-Asia session, GBPUSD has climbed in a steady higher-high/higher-low chain from the 1.3347 Asia low, through the 1.3360 Asia shelf and the 1.3365 swing low. It has reached the 61.8% retracement of Friday's NFP drop, where it is pressing the 1.3377 NFP bounce high as the USD fades on BoE hawkishness. The last six bars have compressed below 1.3376, with RSI(14) near 68 and ATR around 4.6 pips.
Support: 1.33651, 1.3360, 1.33475
Resistance: 1.33774, 1.33825, 1.3400
What it said to watch
M15 close above the 1.3377 NFP bounce high opens the 1.3382 pre-NFP low and the 1.3400 round number
Break of the 1.3365 swing low and the asia trendline breaks the higher-low chain, exposing the 1.3360 Asia shelf
Loss of the 1.3347 Asia low reopens Friday's post-NFP lows
London open in ~4h, Fed's Bowman at 13:40 UTC and BoE's Bailey at 17:25 UTC could materially shift this read
HH/HL chain off the Asian low, testing Friday's post-NFP bounce high.
Asia session has carried GBPUSD from the 1.3348 asian low in a steady HH/HL chain along a rising trendline. Price now sits just under Friday's post-NFP bounce high at 1.3377, with RSI(14) near 72. The digest frames this as Asia trimming Friday's NFP-driven USD gains, with a hawkish BoE underpinning GBP. The latest swing low at 1.3365 is the nearest higher low, and Friday's NFP low at 1.3342 is the floor of the window.
Support: 1.33651, 1.33475, 1.33421
Resistance: 1.33774, 1.3400
What it said to watch
M15 close above the 1.3377 nfp bounce high opens the 1.3400 round number
Break of the rising trendline and the 1.3365 swing low ends the HH/HL chain
Loss of the 1.3348 asian low returns price to Friday's NFP low at 1.3342
London open can extend or reject the Asian range high
Fed's Bowman (13:40 UTC) and Bailey (17:25 UTC) could materially shift this read
Asian session HH/HL chain off 1.3348, pressing Friday post-NFP bounce high.
GBP has climbed about 28 pips in the Asian session from the 1.3348 asian low on a USD fade after Friday's NFP-driven drop, printing higher lows along a rising asian trendline to the 1.3375 asian high. Price is now flattening just under the 1.3377 nfp bounce high from Friday's NY session. RSI(14) is near 66 and ATR is a tight ~5.5 pips.
Support: 1.33651, 1.33475
Resistance: 1.33753, 1.33774, 1.3400
What it said to watch
M15 close above the 1.3377 nfp bounce high opens the path toward the 1.3400 round number, Friday's broken support
Loss of the 1.3365 swing low breaks the asian rising trendline and the HH/HL chain
A move back below the 1.3348 asian low puts Friday's 1.3342 post-NFP low back in play
Fed's Bowman at 13:40 UTC and BoE Gov. Bailey at 17:25 UTC could materially shift this read
Higher-low chain off the Asian low, capped near the 50% fib of the NFP drop.
Asia gapped above Friday's 1.3347 close on a softer USD and has printed a steady higher-low chain from the 1.33475 Asian low. Price is now at the 50% retrace of the NFP drop, just under the 1.33747 session high and 1.33774 post-NFP high. Prior lows at 1.3360 and the 1.33651 swing low mark the rising trendline.
Support: 1.33651, 1.3360, 1.33475
Resistance: 1.33747, 1.33774, 1.3400
What it said to watch
M15 close above the 1.33774 post-NFP high clears the 50% fib and opens the path to the 1.3400 round number
Break of the 1.33651 swing low breaks the Asian trendline; prior lows at 1.3360 and the 1.33475 Asian low are next
London open could expand the thin Asian range; Fed's Bowman (13:40 UTC) and BoE Bailey (17:25 UTC) later today can shift the read
02:02 UTC
Intraday uptrend off the Asia low, testing resistance · RSI 68 · price 1.33712
Asian HH/HL chain retracing Friday's NFP drop, capped near the bounce high.
Asian session has built a higher-high/higher-low chain off the 1.3348 Asia low as USD gives back some of its NFP gains, retracing just over half of Friday's NFP drop. Price is pressing the 1.3375 Asia high just under the 1.3377 bounce high, which sits near the 61.8% retrace. RSI(14) at 68 is firm but not stretched, and ATR(14) of about 5.6 pips reflects thin Asian conditions.
Support: 1.33651, 1.33475
Resistance: 1.33747, 1.33774, 1.3400
What it said to watch
M15 close above the 1.3377 bounce high clears the 61.8% retrace of the NFP drop and puts the 1.3400 round number in view
Failure at the Asia high followed by a break of the 1.3365 pullback low and the rising line undercuts the Asian HH/HL sequence
Loss of the 1.3348 Asia low returns price to Friday's post-NFP lows
BoE's Bailey (17:25 UTC) and Fed's Bowman, Goolsbee and Barkin later today could materially shift this read
HH/HL chain off the 1.3347 Asian low, capped just under the post-NFP high.
Monday's Asia session is clawing back part of Friday's NFP-driven slide. A higher-low chain from the 1.3347 asia low and the 1.3361 asia hl lifted price to a session high at 1.3375, just shy of Friday's post-nfp hi at 1.3377. RSI(14) sits near 64 and price holds above the rising trendline, with no fresh GBP news and Friday's USD strength still the backdrop.
Support: 1.3361, 1.33475, 1.33421
Resistance: 1.33747, 1.33774, 1.3400
What it said to watch
An M15 close above the 1.3377 post-nfp hi opens the path toward the 1.3400 psych level
A break of the asia hl at 1.3361 (50% fib) breaks the rising trendline and the HH/HL chain
Loss of the 1.3347 asia low exposes the 1.3342 friday low
Fed's Bowman, Goolsbee and Barkin today, then BoE Governor Bailey at 17:25 UTC, could materially shift this read
Monday's Asian session has lifted GBPUSD from the 1.3347 Asian low to 1.3375, a run of higher lows with the latest Asian HL at 1.3360. The move is now retesting the 1.3377 NFP bounce high from Friday, the level that capped the recovery after the payrolls beat drove the pair to the 1.3342 NFP low. RSI(14) near 71 reads short-term hot for a thin Asian session.
Support: 1.3360, 1.3347, 1.3342
Resistance: 1.33774, 1.3400
What it said to watch
M15 close above the 1.3377 NFP bounce high opens the path to the 1.3400 round number
Loss of the 1.3360 Asian HL and the trendline breaks the Asia uptrend
A move back below the 1.3347 Asian low puts the 1.3342 NFP low in play
Fed's Bowman (13:40 UTC) and BoE's Bailey (17:25 UTC) today could materially shift this read
01:16 UTC
Intraday uptrend off Asian low, recovering post-NFP losses · RSI 72 · price 1.33701
Higher-low chain through Asia, price at the session high.
Friday's NFP beat (165K vs 65K) dropped GBPUSD to the nfp low at 1.3342, and the pair closed the week pinned near 1.3347. The Asia session has built higher lows from the asian low at 1.3348, with the asia pivot at 1.3360 holding, and price now sits at the 1.3370 session high, just under the nfp rebound high at 1.3377. RSI(14) near 72 is warm but not stretched, and ATR(14) is about 6 pips, typical of thin Asia trade.
Support: 1.3360, 1.33475, 1.33421
Resistance: 1.33774, 1.3389, 1.3400
What it said to watch
M15 close above the nfp rebound high at 1.3377 opens the pre-nfp base at 1.3389 and the 1.3400 round number
Break below the 1.3360 asia pivot and the rising trendline ends the higher-low chain; the asian low at 1.3348 is next
London open will test whether the Asian range extension holds
Fed's Bowman at 13:40 UTC and BoE's Bailey at 17:25 UTC could materially shift this read
01:01 UTC
Downtrend, Asia bounce stalling at 1.3366 · RSI 64 · price 1.33626
Higher lows in Asian range beneath post-NFP lower high.
Monday's Asia session opened near Friday's 1.3347 close and has printed higher lows along a rising trendline into an asian high of 1.3366, about a 38% retrace of the NFP leg from 1.3396 to the 1.3342 nfp low. Price sits above EMA20 but is pinned at EMA50 with RSI(14) near 64. Friday's payroll-driven USD strength still keeps the move capped below the nfp bounce high at 1.3377.
Support: 1.33555, 1.3346, 1.33421
Resistance: 1.33663, 1.33774, 1.3400
What it said to watch
An M15 close above the 1.3366 asian high opens the 1.3377 nfp bounce high, then the 1.3400 round number
A break of the rising trendline and the 1.3356 asian pivot puts the 1.3346 friday low and the 1.3342 nfp low back in focus
Fed's Bowman (13:40 UTC) and BoE's Bailey (17:25 UTC) later Monday could materially shift this read
Asian higher lows, capped near NFP-drop 50% retrace.
Monday's Asia session has lifted GBPUSD from the 1.3347 Friday close to an Asia high at 1.3366, a higher-low chain that clears late Friday's 1.3346–1.3357 range. The rally is stalling at the 50% retrace of the post-NFP drop (1.3389–1.3342), with price sitting just under EMA50 after Friday's payrolls beat pushed the pair below 1.3400.
Support: 1.3359, 1.3347, 1.3342
Resistance: 1.3366, 1.3377, 1.3400
What it said to watch
M15 close above the 1.3366 Asia high puts the 1.3377 NFP bounce high in play, with 1.3400 psych beyond
Loss of the 1.3359 Asia pivot breaks the trendline of Asian higher lows and exposes the Friday close at 1.3347
A break below the 1.3342 NFP low would resume the Friday downtrend
London open may challenge the Asian range; Fed's Bowman (13:40 UTC) and Bailey (17:25 UTC) could shift the read later Monday
00:31 UTC
Downtrend, Asia rebound in progress · RSI 65 · price 1.3363
Post-NFP lower highs; Asian higher-low chain pressing session high.
Friday's NFP beat (165K vs 65K) took GBPUSD from 1.3396 to a 1.3342 nfp low. The nfp bounce stalled at 1.3377 and the week closed near 1.3347. Monday's Asia session is printing higher lows off the 1.3348 asian low and is now testing the 1.3366 asian high, which sits at the 38.2% retracement of the NFP drop.
Support: 1.3348, 1.3342
Resistance: 1.3366, 1.3377, 1.3400
What it said to watch
M15 close above the 1.3366 asian high exposes the 1.3377 nfp bounce high, then 1.3400 psych.
Rejection at 1.3366 that breaks the Asian higher-low trendline reopens the 1.3348 asian low and the 1.3342 nfp low.
Fed's Bowman (13:40 UTC) and BoE's Bailey (17:25 UTC) later today could materially shift this read.
Higher lows off Sunday gap, above Friday's late range.
Early Asia session: GBP/USD gapped up at the Sunday open and has climbed out of Friday's 1.3346–1.3358 post-NFP range. It is printing higher lows along a rising trendline from the 1.3348 Asian low to a 1.3365 session high. Price is now pressing the 38.2% retrace of the NFP drop near 1.3366 and sitting on the EMA50, with RSI(14) near 68 after the 165K payrolls beat broke 1.3400 on Friday.
Support: 1.3348, 1.3342
Resistance: 1.3365, 1.3377, 1.3400
What it said to watch
M15 close above the 1.3365 session high and the 38.2% fib opens the 1.3377 post-NFP high
A break of the Asia trendline and the 1.3348 Asian low returns price to Friday's range, with the 1.3342 NFP low below
1.3400 round number is the NFP break level; Bailey (Mon 17:25 UTC) and US Fedspeak from 13:40 UTC could materially shift this read
00:01 UTC
Downtrend, pausing in early Asia · RSI 63 · price 1.33601
Post-NFP lower high at 1.3377; tight Asian range 1.3348–1.3362.
Friday's NFP beat (165K vs 65K) pushed GBPUSD to the nfp low at 1.3342. The bounce stalled at the 1.3377 post-nfp high, just beyond the 61.8% of the NFP drop fib, and price was pinned near 1.3350 into the close. Early Asia session has filled the small opening gap at the 1.3348 Asian low and is pressing the 1.3362 Asian high, where EMA50 and the 38.2% retrace sit, with ATR(14) compressed near 5 pips.
Support: 1.3348, 1.3342
Resistance: 1.3362, 1.3377, 1.3400
What it said to watch
M15 close above the 1.3362 asian high and EMA50 opens the 1.3377 post-nfp high
Failure at 1.3362 and a break of the 1.3348 asian low puts the 1.3342 nfp low back in play
Reclaim of the 1.3400 round number would negate the post-NFP lower-high structure
Fedspeak from 13:40 UTC and BoE Bailey at 17:25 UTC Monday could materially shift this read