21:01 UTC
Uptrend, momentum steady · RSI 60 · price 1.36353
Higher highs and higher lows since mid-window dip.
GBPUSD has carved out a sequence of higher lows since the 1.3447 dip, with price now pressing back toward the prior high at 1.3643 after a clean retest of the 1.3548 swing low. EMA20 and EMA50 are stacked bullishly and ATR(14) sits near 41 pips, signalling steady rather than explosive expansion. Structure remains constructive while 1.3600 holds as the round-number floor.
Support: 1.3600, 1.3548, 1.3460
Resistance: 1.3643, 1.3658
What it said to watch
- H4 close above 1.3643 prior high opens path toward 1.3658 range high
- Loss of 1.3600 round number and 1.3548 swing low would break the higher-low sequence
- US CPI release this week could materially shift this read