GBP/USD AI Live Scan, 15-minute chart, Friday, 10 July 2026

Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

20:46 UTC

Downtrend, momentum flattening · RSI 44 · price 1.33954

Lower highs off 1.3450, basing at session low.

NY session sold GBPUSD off the 1.3450 high down to 1.33918 as the USD firmed on US-Iran risk into CPI. Price is now consolidating in a tight 1.3395-1.3400 band into late session, volume drying up and RSI(14) parked in the mid-40s.

Support: 1.33918, 1.3390, 1.3360

Resistance: 1.3400, 1.3421, 1.3445

What it said to watch

  • Break below 1.33918 session low extends the decline toward 1.3360
  • Reclaim of 1.3421 swing breaks the lower-high chain
  • BoE Bailey (Tue 20:00 UTC) could materially reset this read

20:46 UTC

Downtrend, momentum slowing · RSI 41 · price 1.33954

Lower highs, consolidating near session lows.

Cable bled lower through the NY session from 1.3423, USD clawing back ground on an oil bounce, and is now consolidating a couple of pips above the 1.33925 session low into late NY. RSI(14) mid-40s, price capped under a chain of lower highs and holding below EMA20/50.

Support: 1.33925, 1.3390

Resistance: 1.34005, 1.34066

What it said to watch

  • M15 close below 1.33900 confirms a fresh lower low
  • Reclaim of 1.34005 would break the lower-high sequence
  • BoE Bailey (Tue 20:00 UTC) is a high-impact risk for cable

20:31 UTC

Downtrend, momentum flattening · RSI 43 · price 1.33959

Lower highs into session low, now basing.

Cable ground lower through the NY session from the 1.3450 area to a low of 1.3392, tracking the intraday USD bounce on renewed US-Iran risk. Buyers stepped in twice near 1.3392 and price is now basing sub-1.3400 with RSI(14) recovering off lows; the 1.3400 round number caps the bounce.

Support: 1.33925, 1.3390

Resistance: 1.3400, 1.34145, 1.34216

What it said to watch

  • Reclaim and M15 close above 1.34000 would relieve downside pressure
  • Loss of 1.33925 confirms a fresh lower-low and opens 1.33900
  • US CPI (Tue) and BoE Bailey (Tue) are the next material risks to this read

20:31 UTC

Downtrend, stabilising at lows · RSI 43 · price 1.33959

Lower highs, lower lows; consolidating near session low.

Cable ground lower through the NY session from the 1.3450 area down to a session low at 1.3392 as the USD firmed on the oil bounce, giving back the earlier GBP gains. Price is now consolidating in a tight band just under the 1.3400 psych level, RSI(14) mid-40s.

Support: 1.3392, 1.3389

Resistance: 1.3400, 1.3421

What it said to watch

  • M15 close back above 1.3400 would ease the lower-high pressure
  • Break below 1.3392 session low opens the 1.3390/1.3360 support ladder
  • BoE Bailey (Tue 20:00 UTC) could materially shift this read

20:16 UTC

Downtrend, momentum slowing · RSI 39 · price 1.33987

Lower highs, lower lows; basing near session low.

Cable rolled over from the London high at 1.34515 and ground lower through NY, printing a session low at 1.33920 as the USD firmed on the oil bounce and lingering US-Iran risk. Price is now consolidating just above that low near 1.3399 with volume thinning into the NY close, RSI(14) around 39.

Support: 1.3392, 1.3397

Resistance: 1.34066, 1.34145, 1.34364

What it said to watch

  • M15 close above 1.34066 would break the descending lower-high sequence
  • Failure to hold 1.33920 confirms a fresh lower low
  • BoE Bailey (Tue 20:00 UTC) and US CPI could materially shift this read

20:16 UTC

Downtrend, momentum slowing · RSI 43 · price 1.33987

Lower highs, lower lows; consolidating at session low.

Cable slid through the NY session from 1.3450 to a session low near 1.3392 as the USD firmed on renewed US-Iran risk. Price is now flat-lining 1.3395-1.3400 into the Asia handover, RSI(14) mid-40s after two dips held the 1.3392 base.

Support: 1.3392, 1.3360

Resistance: 1.3421, 1.3445

What it said to watch

  • M15 close below 1.3392 confirms a fresh lower-low and voids the double bottom
  • Reclaim of 1.3421 swing high needed to shift the intraday downtrend
  • BoE Bailey (Tue 20:00 UTC) and US CPI could materially shift this read

20:01 UTC

Downtrend, momentum flattening · RSI 43 · price 1.33993

Lower highs into session low, now consolidating.

Cable ground down through the NY session from the 1.3450 top to a session low at 1.3392 as the USD firmed on US-Iran headlines, and is now consolidating in a tight 1.3393-1.3399 band on fading volume into rollover. RSI(14) near 43, off its lows but not confirming a turn.

Support: 1.3392, 1.3360

Resistance: 1.3420, 1.3445

What it said to watch

  • M15 close below 1.3392 confirms a fresh lower low
  • Reclaim of 1.3420 would unwind the intraday downtrend
  • US CPI (Tue) and BoE Bailey (Tue) could materially shift this read

20:01 UTC

Downtrend, momentum slowing near lows · RSI 44 · price 1.33993

Lower highs, lower lows; flattening at session lows.

Cable slid through the NY session from 1.34515 to session lows near 1.33918 as the USD clawed back ground on an oil bounce. Price is now flattening between 1.3395 and 1.3399, holding just under the 1.3400 psych level with RSI(14) mid-40s.

Support: 1.33918, 1.3360

Resistance: 1.3400, 1.34231, 1.34445

What it said to watch

  • M15 close below 1.33918 confirms a fresh lower low
  • Reclaim of 1.3400 psych needed to challenge the 1.34231 swing high
  • BoE Bailey (Tue 20:00 UTC) could materially shift this read

19:46 UTC

Downtrend, momentum stalling · RSI 39 · price 1.33961

Lower highs into session lows, flattening.

Cable trended lower through the NY session off the 1.3452 high, USD firming on renewed US-Iran headlines, and is now probing session lows near 1.3392 with RSI(14) subdued around 38. Last several bars are tight and small-bodied — downside momentum is stalling but the prior-swing at 1.3409 caps the bounce.

Support: 1.33918, 1.3390

Resistance: 1.3409, 1.3420, 1.3445

What it said to watch

  • M15 close below 1.3390 confirms a fresh lower low
  • Reclaim of 1.3409 prior swing needed to ease downside pressure
  • BoE Bailey (Tue 20:00 UTC) could materially shift this read

19:46 UTC

Downtrend, momentum slowing at lows · RSI 41 · price 1.33961

Lower highs and lower lows, basing near session low.

Cable ground lower through the NY session, sliding from the 1.3450 area to test 1.3392 twice as the USD firmed on renewed US-Iran fears. Price is basing in a tight 1.3393-1.3398 range into the close, RSI(14) around 41 after cooling from earlier lows.

Support: 1.33918, 1.3380

Resistance: 1.3400, 1.3421, 1.3445

What it said to watch

  • M15 close below 1.3390 confirms a fresh lower-low toward 1.3380
  • Reclaim of 1.3400 round number needed to challenge the 1.3420 swing high
  • BoE Bailey (Tue 20:00 UTC) could materially shift this read

19:31 UTC

Downtrend, momentum extended · RSI 38 · price 1.33974

Lower highs and lower lows, testing session low.

Cable slid through late NY hours from the 1.3452 high to session lows near 1.3392, losing the 1.3400 psych level and now hovering at 1.3397. Price is pinned below EMA20 with RSI(14) around 37, structure a clean chain of lower highs and lower lows.

Support: 1.3392, 1.3400

Resistance: 1.34065, 1.34145, 1.3421

What it said to watch

  • Break below 1.3392 session low confirms continuation of the lower-low sequence
  • M15 close back above 1.3400 psych level would ease the downside pressure
  • Reclaim of 1.34065 EMA20 needed to neutralise the downtrend read

19:31 UTC

Downtrend, at session lows · RSI 40 · price 1.33974

Lower highs, lower lows into 1.3390.

Cable ground down through the NY session to fresh session lows near 1.3397, extending a chain of lower highs from the 1.3451 peak. USD steadied on pre-CPI caution, capping GBP near 1.3400 as the digest flags; RSI(14) mid-30s, not yet oversold.

Support: 1.3392, 1.3390, 1.3360

Resistance: 1.3405, 1.3423, 1.3451

What it said to watch

  • M15 close back above 1.3405 breaks the lower-high sequence
  • Break below 1.3390 opens the 1.3360 support
  • BoE Bailey Mon and US CPI Tue are near-term risks to this read

19:16 UTC

Downtrend, momentum extended · RSI 32 · price 1.33959

Lower highs, lower lows off London high.

NY session sold cable off the London high near 1.3451 to a session low of 1.3392, breaking the 1.3400 psych level as the USD steadied on pre-CPI caution. RSI(14) near 32 and price holds below EMA20/50 — sequence of lower highs intact.

Support: 1.3392, 1.3360

Resistance: 1.3400, 1.3421, 1.3445

What it said to watch

  • Reclaim of 1.3400 negates the lower-low sequence
  • Failure to hold 1.3392 opens the 1.3360 support
  • 1.3445 200-day EMA remains the wider cap on any recovery

19:16 UTC

Downtrend, session lows extending · RSI 32 · price 1.33959

Lower highs, lower lows into NY close.

Cable ground lower through the NY session, printing fresh session lows near 1.33925 as the USD steadied pre-CPI; RSI(14) around 32, short-term stretched but not extreme. Lower highs off 1.34230 kept price pinned below the EMA20/50 into the late-NY hours.

Support: 1.33925, 1.3390, 1.3380

Resistance: 1.3405, 1.3423

What it said to watch

  • Reclaim of 1.34050 breaks the lower-high chain and neutralises the downtrend read
  • Loss of 1.33925 confirms continuation toward the 1.33900 support
  • US CPI Tue 12:30 UTC could materially shift this read

19:01 UTC

Downtrend, momentum extending lower · RSI 33 · price 1.33981

Lower highs, lower lows into NY close.

Cable ground lower through the NY session, capped under the 1.3400 round number after failing at the 200-day EMA near 1.3445 earlier, with a clean chain of lower highs since the London high. RSI(14) is cooling toward oversold near 32 as price probes the session low at 1.33925; USD firmness on pre-CPI caution is behind the drift.

Support: 1.33925, 1.3360

Resistance: 1.3400, 1.3423, 1.3445

What it said to watch

  • Break of 1.33925 opens the 1.3360 support ladder
  • Reclaim of 1.3400 round number needed to stall the lower-high sequence
  • Sub-20 RSI would flag exhaustion on this leg

19:01 UTC

Downtrend, momentum extended · RSI 32 · price 1.33981

Lower highs, lower lows.

Cable ground steadily lower through the NY session, slicing the 1.34000 psych level and printing a session low at 1.33925 with RSI(14) near 31. Sellers stepped in repeatedly at each intraday bounce; the USD leg stayed steady on pre-CPI caution despite a soft DXY backdrop.

Support: 1.33925, 1.3390

Resistance: 1.3400, 1.3406, 1.3420

What it said to watch

  • M15 close back above 1.34000 negates the downside break
  • Failure to hold 1.33925 confirms continuation toward 1.33900
  • BoE Bailey Mon 20:00 UTC could reset this read

18:46 UTC

Downtrend, at session lows · RSI 34 · price 1.3395

Lower highs, lower lows since 1.3451 peak.

Cable ground lower through the NY session, breaking the 1.3400 handle to print fresh session lows at 1.3392 as the USD steadied on pre-CPI caution. Chain of lower highs from the 1.3451 peak intact; RSI(14) near 33, soft but not yet extreme.

Support: 1.3392, 1.3360

Resistance: 1.3420, 1.3445

What it said to watch

  • Close below 1.3392 opens the 1.3360 support ladder
  • Reclaim of 1.3420 breaks the lower-high sequence
  • BoE Bailey Mon 20:00 UTC could materially shift this read

18:46 UTC

Downtrend, extending lower · RSI 34 · price 1.3395

Lower highs, lower lows into session lows.

Cable ground lower through the NY session, printing a fresh session low at 1.3392 as the USD steadied pre-CPI and GBP failed to hold above 1.3420. Lower-high, lower-low structure intact with RSI(14) near 33; price pinned at the 1.3390 support noted by the digest.

Support: 1.3392, 1.3390, 1.3360

Resistance: 1.3420, 1.3445

What it said to watch

  • Close below 1.3390 opens the path toward 1.3360
  • Reclaim of 1.3420 would break the lower-high chain
  • US CPI Tue and BoE Bailey Mon could materially shift this read

18:31 UTC

Downtrend, at session low · RSI 34 · price 1.33971

Lower highs, lower lows.

NY session ground lower off the 1.3422 swing high into a session low at 1.33969, RSI(14) in the mid-30s as the USD steadied pre-CPI. Price is now testing toward the prior swing low at 1.33918, both EMAs capping above.

Support: 1.33969, 1.33918

Resistance: 1.3421, 1.34445

What it said to watch

  • M15 close below 1.33918 confirms a fresh lower low
  • Reclaim of 1.34210 would break the descending sequence of lower highs
  • US CPI (Tue) and BoE Bailey are near-term risk events for cable

18:31 UTC

Downtrend, pressing session lows · RSI 33 · price 1.33971

Lower highs, lower lows into 1.3397.

NY session ground GBPUSD down to a fresh session low at 1.3397, extending a steady descending channel off the 1.3452 high after rejection near the 1.3445 200-day cap. USD steadied pre-CPI, keeping cable pinned near 1.3400; RSI(14) sits in the low 30s, soft but not yet extreme.

Support: 1.33969, 1.3390, 1.33918

Resistance: 1.3421, 1.34445, 1.34515

What it said to watch

  • M15 close below 1.3390 confirms continuation of the lower-low sequence
  • Reclaim of 1.3421 swing high needed to break the descending channel
  • US CPI (Tue) and BoE Bailey (Mon) are the near-term drivers for the USD and GBP legs

18:16 UTC

Downtrend, fresh session lows · RSI 33 · price 1.33991

Lower highs, lower lows since mid-window peak.

Cable rolled over from the 1.3451 swing high through the NY session, printing a chain of lower highs and lower lows into a fresh session low at 1.3398. RSI(14) near 33 as the 1.3390 support zone comes into focus; USD steadied pre-CPI while GBP gains faded per the digest.

Support: 1.33979, 1.3390, 1.3360

Resistance: 1.3421, 1.34515, 1.3445

What it said to watch

  • M15 close below 1.3390 opens the path to 1.3360
  • Reclaim of 1.3421 lower high negates the intraday downtrend
  • US CPI Tue and BoE Bailey Mon are the major near-term risk events for cable

18:16 UTC

Downtrend, pressing session lows · RSI 34 · price 1.33991

Lower highs, lower lows since London peak.

Cable slid steadily through late NY, breaking the 1.3400 round number to print 1.3399 after fading from the London high near 1.3450. RSI(14) sub-35 shows momentum with the sellers but not yet stretched; USD steadied pre-CPI capping any bounce.

Support: 1.33918, 1.33979

Resistance: 1.3400, 1.34229

What it said to watch

  • Reclaim of 1.34000 would neutralise the lower-low read
  • Loss of 1.33918 extends the intraday downtrend
  • US CPI Tue 12:30 UTC is the next major driver for cable

18:01 UTC

Downtrend, momentum building lower · RSI 34 · price 1.34002

Lower highs into 1.3400, session low retest.

Cable rolled over from the 1.34515 session high and ground lower through the NY session, giving back gains to sit on the 1.3400 round number as the USD steadied. Chain of lower highs intact, RSI(14) near 34 with price pinned to the session low.

Support: 1.3400, 1.33918

Resistance: 1.3421, 1.3429, 1.34515

What it said to watch

  • Sustained M15 close below 1.33918 confirms a lower-low extension
  • Reclaim of 1.34210 needed to break the lower-high chain
  • US CPI (Tue 12:30 UTC) and BoE Bailey (Mon 20:00 UTC) could reset this read

18:01 UTC

Downtrend, pressing lows · RSI 36 · price 1.34002

Lower highs, lower lows since NY open.

Cable ground lower through the NY session from the 1.3445 peak, printing a chain of lower highs and now pinned to the 1.3400 round number as the USD steadied on pre-CPI caution. RSI(14) near 36, soft but not oversold; the 1.34231 session-high rejection remains the last swing pivot capping upside.

Support: 1.3399, 1.33918

Resistance: 1.3412, 1.34231, 1.34373

What it said to watch

  • M15 close below 1.33918 confirms a fresh lower low and extends the down-leg
  • Reclaim of 1.34120 needed to break the lower-high sequence
  • Move sits into the weekend; BoE Bailey and US CPI next week are the next material catalysts

17:46 UTC

Downtrend, lower highs into NY lows · RSI 37 · price 1.34027

Descending highs from 1.3451, testing 1.3400.

Cable ground lower through the NY session, printing successive lower highs from the London peak at 1.3451 and now pressing the 1.3400 round level as the USD steadied pre-CPI. Price is below both EMA20 and EMA50 with RSI(14) near 36, capped all week under the 200-day EMA at 1.3445.

Support: 1.3400, 1.33918

Resistance: 1.34216, 1.34364, 1.3445

What it said to watch

  • M15 close below 1.33918 confirms a fresh lower low
  • Reclaim of 1.34216 session high would break the descending sequence
  • US CPI Tue and BoE Bailey Mon are key risks that could reset this read

17:46 UTC

Downtrend, pressing session lows · RSI 39 · price 1.34027

Lower highs since London high, testing 1.3400.

Cable slid through the NY session to press session lows near 1.3400 as the USD steadied on Middle East caution pre-CPI. Chain of lower highs since the London high at 1.3451; RSI(14) mid-30s, not yet oversold.

Support: 1.3399, 1.33918

Resistance: 1.34145, 1.34229, 1.34364

What it said to watch

  • M15 close below 1.33990 confirms a lower low, opening 1.33918
  • Reclaim of 1.34145 needed to break the lower-high sequence
  • BoE Bailey speech next session is a HIGH risk event that could reset this read

17:31 UTC

Downtrend, testing session low · RSI 38 · price 1.34032

Lower highs off 1.34515, probing 1.3400.

Cable rolled off the NY session high at 1.34515 into a clean lower-high chain and is now grinding the session low around the 1.3400 psych level, RSI(14) near 37. USD steadied on pre-CPI caution while GBP stalled below the 200-day EMA cap up at 1.3445.

Support: 1.3400, 1.33918

Resistance: 1.34231, 1.34515

What it said to watch

  • M15 close below 1.3400 opens 1.33918 swing low
  • Reclaim of 1.34231 swing high needed to break the lower-high chain

17:31 UTC

Intraday downtrend, at session low · RSI 37 · price 1.34032

Lower highs, testing session low.

Cable rolled over from the session high at 1.34515 into a clean lower-high chain and is now grinding the session low near 1.34000, with USD steadying on pre-CPI caution. RSI(14) around 37, no oversold extreme yet.

Support: 1.34004, 1.33918

Resistance: 1.3423, 1.34515

What it said to watch

  • M15 close back above 1.34230 breaks the lower-high sequence
  • Failure to hold 1.34000 opens the path to 1.33918
  • BoE Bailey (Mon 20:00 UTC) and US CPI (Tue) are the next material catalysts

17:16 UTC

Pulling back off session highs · RSI 43 · price 1.34068

Lower highs since 1.3451, holding above 1.3392.

Cable was capped near 1.3450 and has bled back toward the 1.3400 psych level in a chain of lower highs, RSI(14) around 43 with no extreme. The pullback lines up with a USD steadying on Middle East caution ahead of Tuesday's US CPI, keeping the recent range top well respected.

Support: 1.3400, 1.3392

Resistance: 1.3423, 1.3436, 1.3445

What it said to watch

  • M15 close below 1.3392 confirms a lower low and opens 1.3360
  • Reclaim of 1.3423 needed to negate the lower-high sequence
  • US CPI Tue 12:30 UTC is the dominant catalyst for the USD leg

17:16 UTC

Downtrend, near session lows · RSI 42 · price 1.34068

Lower highs into range base.

Cable rolled off the 1.34231 swing high through late NY and is grinding back toward the session base near 1.34040, USD steadied on pre-CPI caution. RSI(14) mid-40s, no oversold extreme; a chain of lower highs (1.34515, 1.34364, 1.34231) caps the tape.

Support: 1.3404, 1.3400, 1.33918

Resistance: 1.34231, 1.34364

What it said to watch

  • Loss of 1.34000 round number opens the 1.33918 session low
  • Reclaim of 1.34231 swing high needed to break the lower-high chain
  • US CPI Tue 12:30 UTC is the dominant catalyst for the USD leg

17:01 UTC

Range, drifting lower late NY · RSI 45 · price 1.34119

Faded off session high, holding above 1.3400.

NY session faded from the 1.3451 session high back toward 1.3410, price now below EMA20/50 as the USD steadied pre-CPI and kept cable capped near the 200d ema at 1.3445. Buyers defended the 1.3400 round number and the 1.33918 spike low earlier; still holding above the 1.34066 swing low.

Support: 1.34066, 1.34008, 1.33918

Resistance: 1.3423, 1.34364, 1.3445

What it said to watch

  • M15 close above the 1.34230 swing high reopens the 1.34364 session high then the 200d ema at 1.3445
  • Failure to hold the 1.34066 swing low exposes the 1.3400 round number and 1.33918 spike low

17:01 UTC

Choppy, mild downtrend off session high · RSI 46 · price 1.34119

Range 1.3400–1.3423, holding above session low.

Cable faded from the 1.34515 London session high through NY, sweeping the 1.3400 round number down to 1.33918 as the USD steadied into pre-CPI caution, then recovering to 1.34229. Price now hovers near 1.3412 back below EMA20/50, mid-range with RSI(14) neutral.

Support: 1.3400, 1.33918

Resistance: 1.34229, 1.34373, 1.34515

What it said to watch

  • M15 close below 1.33918 confirms a lower low and opens the path below the round number
  • Reclaim of 1.34229 would put the session high at 1.34515 back in play
  • Weekend gap risk on US-Iran / oil headlines; BoE Bailey and US CPI early next week are the larger catalysts

16:46 UTC

Sideways, off session highs · RSI 52 · price 1.34175

Range after rejection from 1.3451.

Cable ran up to 1.3451 during the London session then faded, printing a session low at 1.3392 before buyers stepped back in around the NY hours. Now hovering near 1.34175 in the middle of the 1.3392–1.3423 range, RSI(14) neutral near 52; the 200-day EMA near 1.3445 has capped every push higher.

Support: 1.3392, 1.3360

Resistance: 1.3423, 1.3445

What it said to watch

  • Close above 1.3445 would clear the 200d ema cap and open the path back to session high
  • Failure to hold 1.3392 session low confirms a lower-low
  • BoE Bailey and US CPI early next week are the catalysts that could break this range

16:46 UTC

Recovering off session low, momentum flat · RSI 52 · price 1.34175

Range after sweep of session lows.

NY session swept the session low to 1.33918 before buyers stepped in and dragged cable back to 1.34175. Now ranging 1.34090-1.34230 with RSI(14) flat near 52; recent high at 1.34230 caps the recovery.

Support: 1.3409, 1.3401, 1.33918

Resistance: 1.3423, 1.3429, 1.3437

What it said to watch

  • M15 close above 1.34230 reopens the 1.34290 swing high
  • Failure to hold 1.34090 exposes the 1.34010 session low
  • USD CPI risk building into next week could reset this intraday range

16:31 UTC

Choppy, recovering off session low · RSI 52 · price 1.34196

Range after NY slide, mid-retrace of down leg.

NY session slid from the 1.34515 high to sweep 1.33918 before buyers stepped in, price now consolidating near 1.342 at the 50% retrace of that leg. RSI(14) back to neutral around 52; cable capped below the 1.3445 200-day EMA area noted in the wider read.

Support: 1.3400, 1.33918, 1.3360

Resistance: 1.3423, 1.34445, 1.34515

What it said to watch

  • M15 close above 1.34230 opens the path toward the 1.3445 cap
  • Failure to hold 1.34000 reopens the 1.33918 session low
  • Weekend Iran / US-Iran headlines could gap Monday's open

16:31 UTC

Downtrend, stabilising off lows · RSI 52 · price 1.34196

Range after NY-session leg lower.

Cable slid from 1.3451 through the NY session to a 1.3390 session low around 14:30 UTC, then recovered to 1.342 into the close. Now ranging 1.3390–1.3423 with RSI back at neutral; the 200-day ema cap near 1.3445 remains untested this session.

Support: 1.3390, 1.3401

Resistance: 1.3423, 1.3436, 1.3445

What it said to watch

  • M15 close above 1.3423 bounce high opens the path to 1.3436 swing high
  • Failure to hold 1.3390 session low confirms a lower low
  • US CPI Tue 12:30 UTC is the key catalyst for the USD leg

16:16 UTC

Pullback recovering, mid-range · RSI 53 · price 1.34223

Lower high off 1.3451, rising lows off 1.3392.

Cable spiked down to 1.3392 in NY hours then recovered ~30 pips to hover in the 1.3420s, roughly the 50% retrace of the drop from the 1.3451 session high. Demand stepping in on rising lows while the 1.3437 swing high caps; RSI(14) back near neutral.

Support: 1.3400, 1.3392

Resistance: 1.3437, 1.3451

What it said to watch

  • M15 close above 1.3437 reopens the 1.3451 session high
  • Failure to hold 1.3400 exposes the 1.3392 session low
  • BoE Bailey and US CPI next week are the material catalysts for this pair

16:16 UTC

Range-bound, mild recovery off lows · RSI 55 · price 1.34223

Choppy range, lower highs into 1.3450 cap.

Cable spiked down to 1.3392 during NY hours then recovered to 1.3422, holding above EMA20/50 as the USD steadied on pre-CPI caution. Price is chopping in the 1.3400–1.3450 band with lower highs building under the 200-day cap; RSI(14) neutral at 55.

Support: 1.34008, 1.33918, 1.3409

Resistance: 1.34229, 1.34373, 1.34515

What it said to watch

  • M15 close above 1.3450 would break the recent lower-high sequence
  • Failure to hold 1.3400 reopens the 1.3392 spike low
  • US CPI Tue 12:30 UTC is the key catalyst for the USD leg

16:01 UTC

Pullback within range, recovering · RSI 51 · price 1.34203

Descending highs off session high, holding 1.3400.

Cable spent the NY session grinding lower off the 1.3451 session high, sweeping the 1.3392 session low before recovering to 1.3420 near the 50% retrace. RSI(14) is mid-range and price is holding the 200-day EMA pivot at 1.3400 that has capped USD-driven weakness ahead of Tuesday's US CPI.

Support: 1.3400, 1.33918, 1.3409

Resistance: 1.3429, 1.3445, 1.34515

What it said to watch

  • M15 close above 1.3429 swing high reopens the 1.3445 cap
  • Loss of 1.3392 session low confirms a lower low
  • US CPI Tue could shift the USD leg of this read

16:01 UTC

Pullback recovering, range-bound · RSI 52 · price 1.34203

Flush to session low then bounce.

NY session flushed to 1.3392 mid-morning as the USD firmed, then buyers stepped in and cable recovered to 1.342. RSI(14) back near neutral around 52 with price chopping inside the 1.3392–1.3436 band.

Support: 1.33918, 1.3400

Resistance: 1.34364, 1.3445

What it said to watch

  • M15 close above 1.3436 reopens the 1.3445 cap
  • Failure to hold 1.3392 confirms a lower low
  • US CPI Tue is the next macro pivot for the USD leg

15:46 UTC

Recovering off session low, choppy · RSI 53 · price 1.34193

Range after downswing, low swept.

NY afternoon swept the session low at 1.33918 then rebounded to 1.34193, RSI(14) back near 53 as the USD sits at three-week lows. Cable is stuck in the 1.3392-1.3452 range with the 1.34216 swing high capping the current bounce.

Support: 1.34059, 1.33918, 1.3400

Resistance: 1.34216, 1.34364, 1.34515

What it said to watch

  • M15 close above 1.34216 opens the path toward the 1.34364 swing
  • Loss of 1.33918 confirms a lower low and extends the downswing
  • US CPI (Tue) is the next major driver for the USD leg

15:46 UTC

Recovering off session low, capped below 1.3445 · RSI 52 · price 1.34193

Swing down to 1.3392 then bounce back above 200d ema.

Cable slid to a session low of 1.33918 during NY hours before buyers stepped back in, reclaiming the 200-day EMA near 1.3400 and pushing to 1.34196. The move stalled well below the 1.3445 cap that has held all week; USD is soft at 3-week lows but caught a bid on renewed US-Iran headlines.

Support: 1.3400, 1.33918

Resistance: 1.34216, 1.3445

What it said to watch

  • Sustained close above 1.3445 opens the path toward 1.3475
  • Failure to hold 1.3400 reopens the 1.3392 session low
  • US CPI Tue is the next material driver for the USD leg

15:32 UTC

Intraday pullback from session high, bouncing off lows · RSI 48 · price 1.34181

Lower highs off 1.3451, session low swept at 1.3392 then reclaimed.

Cable topped at 1.34515 in the Asian session, then ground lower through London before NY swept the 1.3392 session low and recovered to 1.3418, with a USD bounce on renewed US-Iran fears driving the leg down. RSI(14) has based near 48 and price reclaimed EMA20, but sits under EMA50 and the 200-day ema cap around 1.3445.

Support: 1.3400, 1.33918

Resistance: 1.3445, 1.34515

What it said to watch

  • Close above 1.3445 200-d ema cap opens the path back to the 1.34515 session high
  • Failure to hold 1.3392 session low confirms a fresh lower low

15:32 UTC

Intraday downtrend, bounce underway · RSI 48 · price 1.34181

Lower highs, swept 1.3400 low.

GBPUSD faded from the 1.3447 session high through NY hours and swept below the 1.3400 round number to a session low at 1.33918 before buyers recovered price back to 1.3418, USD strength on renewed US-Iran headlines capping the rebound. Chain of lower highs still intact; RSI(14) mid-range near 48 off the flush.

Support: 1.3400, 1.33918

Resistance: 1.3427, 1.3447

What it said to watch

  • M15 close above 1.34270 negates the lower-high sequence
  • Loss of 1.34000 reopens the 1.33918 session low

15:16 UTC

Choppy, near-flat after pullback · RSI 49 · price 1.34149

Range with lower highs off session high.

NY session drifted off the 1.3451 session high to sweep the 1.33918 low, where buyers stepped in and price recovered to 1.3415 as the USD held its US-Iran-driven bounce. RSI(14) back near neutral around 48; lower highs keep the tape capped under 1.3422.

Support: 1.33918, 1.3400

Resistance: 1.3422, 1.3429, 1.3445

What it said to watch

  • M15 close above 1.34220 reopens the path toward 1.34290/1.34450
  • Loss of 1.33918 confirms a fresh lower low
  • US CPI Jul 14 is the next major external catalyst for cable

15:16 UTC

Pullback off session high, stabilising · RSI 47 · price 1.34149

Lower highs, holding above 1.3400.

Cable topped at 1.34515 mid-window then drifted lower through NY hours, spiking down to 1.33918 before buyers reclaimed 1.3400. Now consolidating near 1.3415 with RSI mid-range; the 200-day EMA around 1.3400 is holding as intraday support.

Support: 1.3400, 1.33918, 1.3360

Resistance: 1.3430, 1.3445, 1.34515

What it said to watch

  • M15 close below 1.33918 confirms a lower low and breaks the 1.3400 floor
  • Reclaim of 1.3430 pivot reopens the 1.34450 EMA cap
  • US CPI Tue is the key external catalyst that could reset this range

15:01 UTC

Downtrend, session drift lower · RSI 44 · price 1.34083

Lower highs off 1.3450, testing session lows.

Cable rolled over from the 1.3450 area (200-day EMA cap) and drifted lower through the NY session as the USD bounced on renewed US-Iran headlines. The 1.33918 spike low was swept and bid back to 1.3408; RSI mid-40s, printing a chain of lower highs.

Support: 1.34008, 1.33918

Resistance: 1.34155, 1.3429, 1.3445

What it said to watch

  • M15 close below 1.34008 confirms continuation toward the 1.33918 sweep low
  • Reclaim of 1.34155 swing high would stall the lower-high sequence
  • US CPI Tue is the key external catalyst that could reset this read

15:01 UTC

Intraday downtrend, lower highs · RSI 44 · price 1.34083

NY drift lower off London high, testing 1.3400.

NY session drifted lower off the London high near 1.3452, printing a chain of lower highs into the 1.3400 round number. A sharp spike down to the session low at 1.33918 was bought back, leaving price at 1.34083 just above the psych level; the USD bounce on renewed US-Iran headlines capped cable's earlier advance. RSI(14) near 44.

Support: 1.3400, 1.33918

Resistance: 1.3416, 1.3429, 1.34515

What it said to watch

  • M15 close below 1.33918 confirms a lower low
  • Reclaim of 1.34160 needed to break the lower-high chain
  • US-Iran headlines driving USD can shift this read

14:47 UTC

Pullback from highs, momentum down · RSI 44 · price 1.34078

Lower highs off 1.3451, testing 1.3400 pivot.

Cable popped to a 1.3451 session high then rolled over into a chain of lower highs, now hovering on the 1.3400 pivot / 200-day EMA area. The 14:30 UTC bar swept down to 1.33918 on the USD bounce (Iran war fears) before recovering to 1.34078; RSI(14) cooling near 43, price below EMA20 (1.3418).

Support: 1.3400, 1.33918

Resistance: 1.3418, 1.3429, 1.34445

What it said to watch

  • M15 close below 1.3390 confirms a lower low off the swing
  • Reclaim of the 1.3418 ema20 needed to stall the pullback
  • 1.3445 resistance band caps any recovery attempt
  • US CPI Tue and Bailey Tue 20:00 UTC could materially shift this read

14:46 UTC

Intraday pullback after session high · RSI 43 · price 1.34078

Faded from 1.3451 top back to the 1.3400 pivot.

Cable pushed to a session high of 1.3451 through London before fading the whole move back to the 1.3400 pivot / 200-day EMA as the USD bounced on renewed US-Iran headlines. Last bar spiked to 1.3392 then recovered, leaving price pinned on the pivot with RSI(14) mid-range.

Support: 1.3400, 1.33918

Resistance: 1.3445, 1.34515

What it said to watch

  • M15 close below 1.33918 confirms a lower low and breaks the 1.3400 pivot
  • Reclaim of 1.3445 needed to re-open the session high
  • US CPI Tue 12:30 UTC could snap this two-way read

14:31 UTC

Up early, pulled back to 1.3400 pivot · RSI 43 · price 1.34116

Lower highs off 1.3451, holding 1.3400.

London pushed to a session high at 1.3451 but rejected at the 1.3445 resistance band, then faded through NY back to the 1.3400 pivot / 200-day EMA as the USD bounced on renewed Iran headlines. Lower highs are stacking off 1.3451 while 1.3400 holds; RSI(14) mid-range after cooling from the highs.

Support: 1.3401, 1.3400, 1.3390

Resistance: 1.3445, 1.3451

What it said to watch

  • M15 close below the 1.3400 pivot exposes 1.3390 then 1.3360
  • Reclaim of 1.3445 needed to resume the upside toward 1.3451
  • US CPI Tue could materially shift this read

14:31 UTC

Intraday downtrend from session high · RSI 44 · price 1.34116

Lower highs, lower lows off 1.3451.

NY session sold cable off the ~1.3451 high in a clean lower-high chain, USD firming on renewed US-Iran headlines. Buyers stepped in at 1.3400 and price recovered to 1.3411; the descending resistance off 1.3451 still caps.

Support: 1.3400, 1.3390

Resistance: 1.3437, 1.3445

What it said to watch

  • M15 close above 1.3437 breaks the lower-high chain
  • Loss of 1.3400 exposes 1.3390 support
  • US CPI Tue 12:30 UTC could reset this read

14:16 UTC

Pullback after rally, momentum down · RSI 42 · price 1.34056

Lower highs off 1.3451 session peak, retesting 1.3400 pivot.

Cable ran to a session high of 1.34515 mid-window then faded through the London-NY session, printing lower highs back to the 1.3400 pivot / 200-day EMA it cleared earlier. USD firmed on renewed Iran headlines, capping the bounce; RSI(14) sits mid-40s with price under EMA20 and EMA50.

Support: 1.3400, 1.3390, 1.3360

Resistance: 1.3437, 1.3445, 1.34515

What it said to watch

  • Sustained loss of 1.3400 pivot confirms a lower low toward 1.3390/1.3360
  • Reclaim of 1.3437 swing high needed to reopen the 1.3445 resistance band
  • US CPI Tue and BoE Bailey Tue are the near-term catalysts once in range

14:16 UTC

Intraday pullback after rally · RSI 40 · price 1.34056

Lower highs off session high, retesting 1.3400 pivot.

Cable was rejected at the 1.3445/1.3451 session high during the NY session and faded steadily back to the 1.3400 pivot / 200-day EMA that framed the week's cap. RSI(14) near 40, momentum soft as the pullback retests the breakout zone.

Support: 1.3400, 1.3390, 1.34008

Resistance: 1.3445, 1.34515

What it said to watch

  • M15 close below 1.3400 confirms loss of the 200dma pivot, opening 1.3390/1.3360
  • Reclaim of 1.3445 puts the session high back in play
  • US CPI Tue and BoE's Bailey could materially shift this read

14:01 UTC

Intraday pullback, lower highs · RSI 40 · price 1.34035

Faded from session high, testing round number.

Cable rejected the session high near 1.3452 and has bled lower through the last few hours, printing lower highs and now testing the 1.3400 round number, with RSI(14) cooling near 40 and price back below EMA20/50. USD softness (split FOMC minutes, US-Iran de-escalation) had lifted the pair earlier, but momentum has stalled into the pullback.

Support: 1.3400, 1.33954, 1.3390

Resistance: 1.3416, 1.3429, 1.3445

What it said to watch

  • M15 close below 1.3400 exposes 1.3390 support then 1.3360
  • Reclaim of 1.34160 minor high would ease the pullback read
  • Fed Monetary Policy Report 18:00 UTC could shift the read

14:01 UTC

Pullback lower after NY peak · RSI 41 · price 1.34035

Lower highs, testing 1.3400 pivot.

Cable topped at 1.34515 during the NY session, then ground lower through a chain of lower highs back to the 1.3400 round-number pivot sitting on the 200-day EMA. USD is soft on de-escalation flows but GBP has handed back the session's gains; RSI(14) near 40, no momentum extreme.

Support: 1.3400, 1.3390, 1.3360

Resistance: 1.34373, 1.3445, 1.34515

What it said to watch

  • M15 close below 1.3400 exposes 1.3390 then 1.3360
  • Reclaim of 1.34373 needed to re-challenge 1.3445 major res
  • Fed Monetary Policy Report at 18:00 UTC could shift this read

13:47 UTC

Intraday pullback, lower highs · RSI 44 · price 1.34139

Correcting off session high, holding above 1.3409.

Cable rolled off the 1.34515 session high through London hours and is grinding out lower highs, now consolidating 1.3409–1.3436 with RSI(14) mid-40s and price under both EMAs. Buyers have defended the 1.3409 area repeatedly while supply caps each bounce near 1.3436; broadly USD stays soft on de-escalation flows.

Support: 1.3409, 1.3390

Resistance: 1.3436, 1.34515, 1.3445

What it said to watch

  • M15 close below 1.3409 confirms a lower low and exposes 1.3390
  • Break above 1.3436 descending resistance negates the pullback read
  • Fed Monetary Policy Report 18:00 UTC could shift the intraday tone

13:46 UTC

Pullback off session high, momentum easing · RSI 45 · price 1.34139

Lower highs since 1.3451 top, holding above 1.3408.

Cable topped near 1.3451 during the London-NY window and has since carved lower highs, now drifting around 1.3414 with RSI(14) mid-40s. Buyers stepped in around 1.3408 to hold the session low, but supply is capping each bounce below 1.3437 as the soft-USD rally cools.

Support: 1.3408, 1.3390

Resistance: 1.3437, 1.3445, 1.3451

What it said to watch

  • M15 close below 1.3408 confirms a lower low toward 1.3390
  • Reclaim of 1.3437 negates the pullback and re-exposes 1.3445
  • US Fed Monetary Policy Report (18:00 UTC) could shift this read

13:31 UTC

Pullback off session high, lower highs · RSI 41 · price 1.3413

Retracing after rally to 1.3451.

Cable rallied to a session high of 1.3451 mid-window then bled back toward 1.3410 through London hours on broad USD softness, printing a chain of lower highs. RSI(14) sits in the low-40s and price trades below both EMAs; 1.3428 is the first cap, 1.3409 the floor being tested.

Support: 1.3409, 1.3390

Resistance: 1.3428, 1.3445

What it said to watch

  • M15 close below 1.3409 confirms a lower low, exposing 1.3390
  • Reclaim of 1.3428 needed to reopen the 1.3445 resistance

13:31 UTC

Intraday pullback off session high · RSI 42 · price 1.3413

Lower highs after 1.3452 rejection.

Cable pulled back through NY hours from the 1.3452 session high to 1.3413, now parked on the 61.8% retracement of the London-NY rally. Twin rejections at 1.3437 have carved lower highs, with price back under EMA20/50 as the soft-USD leg stalls.

Support: 1.3409, 1.3390

Resistance: 1.3437, 1.3445, 1.3452

What it said to watch

  • M15 close above 1.3437 negates the lower-high sequence and reopens 1.3445
  • Loss of 1.3409 session low exposes 1.3390 support
  • Holding the 61.8% fib around 1.3412 keeps the broader up-leg intact

13:16 UTC

Pullback from session high, lower highs · RSI 44 · price 1.34135

Rolling over, descending highs into support.

Cable rolled over from the 1.34515 session high set earlier, printing lower highs into the NY session as USD stayed soft; RSI(14) is mid-40s with price hovering near the 61.8% retrace of the London up-move around 1.34115. Buyers defended the 1.34084 session low twice, keeping the intraday range intact.

Support: 1.34084, 1.3400, 1.3390

Resistance: 1.3429, 1.3445, 1.34515

What it said to watch

  • M15 close below 1.34084 confirms a lower low and opens 1.3400
  • Reclaim of 1.34290 negates the lower-high sequence
  • BoE Bailey speech next week is the key catalyst for this read

13:16 UTC

Uptrend faded, now consolidating · RSI 45 · price 1.34135

Pullback into range below session high.

Cable rallied to a session high at 1.34515 on the soft-USD tone, then faded and has spent the NY session chopping between 1.34084 and 1.34373. Price now sits at 1.34135, back below EMA20/50 and around the 61.8% retracement of the up-leg, RSI neutral near 44 — no clean setup in play.

Support: 1.34084, 1.3390

Resistance: 1.34373, 1.34515, 1.3445

What it said to watch

  • M15 close back above 1.34373 reopens the 1.34515 session high
  • Loss of 1.34084 session low exposes 1.3390 support
  • BoE Bailey (Tue 20:00 UTC) is the key catalyst that could reshape this read

13:02 UTC

Rally faded, now consolidating · RSI 47 · price 1.34197

Range after session-high rejection.

Cable pushed to a session high at 1.34515 in early hours then faded, rejected well below the 1.3445 major resistance on a soft USD (de-escalation, dovish-leaning FOMC minutes). Price is now chopping around 1.3420 between the 1.34084 swing low and the faded highs, RSI(14) neutral near 47.

Support: 1.34084, 1.3400

Resistance: 1.3445, 1.34515

What it said to watch

  • M15 close above 1.3445 would open the path to 1.3480
  • Loss of the 1.34084 swing low exposes the 200d ema near 1.3400

13:01 UTC

Pullback after intraday rally · RSI 46 · price 1.34197

Range below session high, lower highs.

Cable rallied to a session high at 1.34515 during the London session before fading; price now hovers at 1.34197, capped by a series of lower highs into 1.34373. GBP stays broadly firm above the 1.3400 pivot on hawkish BoE repricing and a soft USD, but intraday momentum has cooled with RSI near 46 and price back below EMA20/EMA50.

Support: 1.3409, 1.33867

Resistance: 1.34373, 1.34515

What it said to watch

  • M15 close above 1.34373 reopens the 1.34515 session high
  • Loss of 1.34090 confirms a lower low and shifts the range lower
  • BoE Bailey (Tue 20:00 UTC) is the key catalyst that could reshape this read

12:47 UTC

Uptrend stalling, pulling back · RSI 45 · price 1.34177

Lower highs off session peak, deep retrace.

Cable pushed to a 1.34515 day high overnight, then faded through the London session, now 1.3417 after repeated rejection near the 1.3437 recent high. Price has retraced most of the earlier impulse and sits back below EMA20/50 with RSI(14) mid-range; the 1.3445 major resistance flagged in the macro read remains untested from above.

Support: 1.3409, 1.3387

Resistance: 1.3437, 1.3445, 1.34515

What it said to watch

  • M15 close below 1.3409 swing low confirms a lower low
  • Reclaim of 1.3437 recent high reopens the 1.34515 day high
  • Fed Monetary Policy Report 18:00 UTC could shift USD and this read

12:46 UTC

Uptrend stalling, pulling back · RSI 47 · price 1.34177

Lower highs off 1.3451 session peak, holding above 1.3408.

Cable ran to a session high at 1.34515 during London before fading and printing a lower high at 1.3437, in line with a soft-USD backdrop (3-week DXY lows). Now consolidating near 1.3418 between the 1.34084 swing low and the descending highs; RSI(14) neutral around 47.

Support: 1.34084, 1.3390

Resistance: 1.34373, 1.34445, 1.34515

What it said to watch

  • Close back above 1.34373 negates the lower-high sequence and re-exposes 1.34445
  • Loss of 1.34084 confirms a deeper pullback toward 1.3390
  • US Fed Monetary Policy Report (18:00 UTC) could shift this read

12:31 UTC

Uptrend, momentum slowing · RSI 50 · price 1.34232

Pullback after fresh highs, consolidating.

Cable pushed to fresh three-week highs at 1.3451 during the NY session before being rejected, with USD soft at 3-week lows helping the earlier extension. Price has since pulled back to consolidate near 1.3423, holding above the 1.3400 pivot; RSI(14) has cooled back to neutral.

Support: 1.3408, 1.3400

Resistance: 1.3445, 1.3451

What it said to watch

  • Close above 1.3445 reopens the 1.3451 session high
  • Loss of 1.3408 confirms a lower low and stalls the break
  • Fed Monetary Policy Report 18:00 UTC could shift USD tone

12:31 UTC

Range, mid-band drift · RSI 51 · price 1.34232

Ranging between session low and session high after London-high fade.

Cable is churning mid-range near 1.3423 into the NY session after fading from the London session high at 1.3451; the soft USD at 3-week lows keeps a floor under the pullback. Price bounced off 1.3408 and is holding above EMA20, RSI(14) neutral around 51, no clean directional setup in play.

Support: 1.34172, 1.34084

Resistance: 1.34373, 1.34515

What it said to watch

  • M15 close above 1.34373 recent high reopens the 1.3445 session-high area
  • Loss of 1.34084 swing low confirms a lower-low and breaks the range floor
  • US CPI (Tue) and BoE Bailey (Tue) are the next catalysts that could shift this read

12:16 UTC

Uptrend, momentum cooling · RSI 51 · price 1.34268

Pullback into consolidation after session-high rejection.

Cable pushed to a session high of 1.34515 during London before fading, and has since consolidated in the 1.3409–1.3437 band while holding above the 1.3400 pivot / 200-day EMA. Rising intraday lows near 1.3409 have held on the pullback; RSI(14) sits neutral around 50 after cooling from the London rally.

Support: 1.3409, 1.3400

Resistance: 1.34373, 1.34515

What it said to watch

  • Break back above 1.34373 reopens the 1.34515 session high
  • Loss of the 1.34090 swing low breaks the rising-low structure
  • Fed Monetary Policy Report 18:00 UTC could inject USD volatility

12:16 UTC

Pullback within uptrend, ranging · RSI 51 · price 1.34268

Consolidating below session high after fade.

Cable pushed to a session high at 1.34515 in the NY session before fading to 1.34084, and is now consolidating mid-range around 1.3427 with RSI(14) neutral near 50. Price holds above 1.3400 after clearing the 200-day EMA on the broader picture; intraday it is boxed between 1.34084 and 1.34373.

Support: 1.34084, 1.3400

Resistance: 1.34373, 1.34515

What it said to watch

  • M15 close above 1.34373 reopens the 1.34515 session high
  • Loss of 1.34084 exposes the 1.3400 round number
  • Fed Monetary Policy Report at 18:00 UTC could shift the read

12:02 UTC

Pullback within uptrend, consolidating · RSI 52 · price 1.3426

Faded from session high, holding above 1.3410.

Cable rallied to a session high 1.3451 in the London-NY window then faded, holding above 1.3410 on the pullback and now consolidating near 1.3426 with RSI(14) neutral. USD failed to bid on stronger jobless claims (215K), keeping GBP supported above the 1.3400 pivot it cleared earlier this week.

Support: 1.3410, 1.3390

Resistance: 1.3436, 1.3451

What it said to watch

  • M15 close above 1.3436 reopens the 1.3451 session high
  • Loss of 1.3410 confirms a lower low toward 1.3390
  • Holding above the 1.3400 pivot keeps the intraday bounce intact

12:01 UTC

Uptrend faded, now ranging · RSI 52 · price 1.3426

Range after failed push to session high.

Cable ran to three-week highs near 1.34515 mid-window on a soft USD, then rejected and retraced to 1.3409 before stabilising around 1.3426 — roughly the 50% pullback of the earlier impulse. Price is chopping between 1.3409 and 1.3437 with RSI(14) neutral near 52; no clean intraday setup while the range holds.

Support: 1.3409, 1.3400, 1.3390

Resistance: 1.34373, 1.34515

What it said to watch

  • M15 close above 1.34373 reopens the 1.34515 session high
  • Failure to hold 1.3409 confirms a lower low toward the 1.3400 200d-ema pivot
  • US CPI Tue is the dominant upcoming catalyst for this pair

11:47 UTC

Uptrend cooling, now consolidating · RSI 53 · price 1.34226

Pullback within broader intraday rally, holding above 1.3400.

Cable pushed to a session high of 1.34515 overnight, then bled back to a London low of 1.34084 before buyers recovered price to 1.3423. Now consolidating just under the descending resistance off that high, holding comfortably above the 1.3400 pivot; RSI(14) neutral near 53.

Support: 1.3417, 1.34084, 1.3400

Resistance: 1.3437, 1.34515

What it said to watch

  • M15 close above 1.34370 reopens the path to 1.34515 session high
  • Loss of 1.34084 negates the London recovery and marks a lower low
  • Sustained hold above 1.3400 keeps the bullish structure intact

11:47 UTC

Up early, momentum faded into range · RSI 53 · price 1.34226

Ranging in upper zone after London push, lower highs.

London session drove cable to a session high of 1.34515, clearing 1.3400 as the dollar stayed soft into the FOMC minutes, then buyers ran out and price faded into NY, ranging 1.3408–1.3437. RSI(14) neutral near 53 and price sitting just above EMA20 but below EMA50 — chop, no setup in play.

Support: 1.34172, 1.34084

Resistance: 1.34375, 1.34515

What it said to watch

  • M15 close above 1.34375 reopens the 1.34515 session high
  • Failure to hold 1.34084 confirms a lower-low and breaks the range floor
  • No high-tier GBP/USD data today; BoE Bailey (Tue) and US CPI (Tue) are the next catalysts

11:32 UTC

Uptrend, momentum cooling · RSI 51 · price 1.34219

Pullback after leg to 1.3451, lower highs.

Cable rallied through the London-NY session to a window high at 1.3451 as the USD stayed soft, then eased into a pullback where buyers stepped in near 1.3409. The most recent NY push to 1.3437 was rejected, leaving price back at 1.3422 with RSI(14) neutral around 51.

Support: 1.3409, 1.3400

Resistance: 1.34373, 1.34515

What it said to watch

  • Close above 1.34373 session high reopens the 1.34515 window high
  • Loss of 1.34090 swing low exposes the 1.3400 pivot / 200-day area
  • US CPI Tue 14 Jul could materially shift this read

11:31 UTC

Uptrend, momentum cooling · RSI 51 · price 1.34219

Pullback from session high, ranging near 1.3420.

Cable pushed to a session high of 1.3451 during the NY session as USD kept sliding to three-week lows, then faded back to consolidate around 1.3420 above its 200-day EMA. RSI(14) has cooled to neutral near 51; buyers stepped back in at 1.3408 on the latest dip before a spike to 1.3437 was sold.

Support: 1.34084, 1.3400

Resistance: 1.34373, 1.34515

What it said to watch

  • M15 close below 1.3408 confirms a lower low and breaks the pullback support
  • Reclaim of 1.3437 reopens the 1.3451 session high
  • BoE Bailey (Tue) and US CPI ahead could materially shift this read

11:17 UTC

Uptrend, momentum cooling after pullback · RSI 55 · price 1.34293

Pullback from session high, bouncing off intraday lows.

Cable pushed to a session high 1.34515 in London after clearing the 200-day EMA, then faded to 1.34084 before buyers stepped in on the London-NY transition, recovering to 1.3429. RSI(14) mid-range and ATR ~8 pips — no extreme, choppy chop between 1.3409 and 1.3437.

Support: 1.34085, 1.3400

Resistance: 1.3437, 1.34515

What it said to watch

  • M15 close above 1.34370 reopens the 1.34515 session high
  • Failure to hold 1.34000 pivot / 200-day EMA breaks the bullish structure
  • Fed Monetary Policy Report at 18:00 UTC could inject volatility

11:17 UTC

Uptrend, pulling back off session high · RSI 54 · price 1.34293

Pullback holding above 1.3408 after tag of 1.3452.

Cable printed a session high at 1.3452 during the London push, then faded to 1.3408 before buyers stepped back in around 1.3410 and lifted price to 1.3436. RSI(14) mid-range near 54, ATR ~8 pips; still holding above the 1.3400 pivot the digest flags, with 1.3437 the immediate cap.

Support: 1.3408, 1.3390

Resistance: 1.3437, 1.3452

What it said to watch

  • M15 close above 1.3452 reopens the path toward the 1.3475 resistance band
  • Failure to hold 1.3408 confirms a lower low and puts 1.3390 in play
  • Move is within a broader break above 1.3400; loss of that pivot changes the read

11:01 UTC

Recovering, near session highs · RSI 64 · price 1.34354

Higher low off 1.3409, pushing back to range top.

Cable based twice at 1.3409 through the London session and has rallied back toward the 1.3447 session high, last bar a sharp push to 1.34354. RSI(14) around 64, firm but not stretched; the intraday recovery leaves the range top as the immediate test.

Support: 1.34175, 1.3409, 1.3400

Resistance: 1.3447, 1.34515

What it said to watch

  • Close above 1.34470 opens the path to the 1.34515 prior high
  • Failure to hold 1.34090 confirms a lower low and reopens 1.3400
  • NY session opening in ~1.5h could extend or fade the recovery

11:01 UTC

Recovering, near-term bid · RSI 63 · price 1.34354

Bounce off double bottom, back inside range.

Cable put in a double bottom at 1.34084 through the London-NY hours, and the last two bars pushed hard to 1.34354 as USD stayed soft into CPI. Session high band 1.34470-1.34515 is the level capping the recovery.

Support: 1.34084, 1.3400

Resistance: 1.3447, 1.34515

What it said to watch

  • M15 close above 1.34470 opens a retest of the 1.34515 session high
  • Failure to hold 1.34084 confirms a lower low and reopens the 1.3400 200d EMA
  • US CPI Tue 12:30 UTC could materially shift this read

10:47 UTC

Uptrend stalled, pullback in play · RSI 49 · price 1.34196

Faded off session high, basing near 1.3409.

Cable rallied to a session high of 1.3450 overnight — clearing the 200-day EMA above 1.3400 as GBP stayed firm — then faded through the morning to a 1.3409 double bottom. London hours are seeing a bounce back to 1.3420 with RSI(14) neutral near 49; the 1.3450 high remains the unbroken ceiling.

Support: 1.3409, 1.34025

Resistance: 1.3429, 1.34515

What it said to watch

  • Close above 1.3429 lower-high band opens a retest of the 1.3450 session high
  • Failure to hold the 1.3409 session low confirms a lower low toward 1.3402

10:46 UTC

Pullback from session high, recovering · RSI 49 · price 1.34196

Lower highs since 1.3451, double-bottom base at 1.3409.

Cable printed a fresh session high at 1.3451 during the London-NY window then rejected, sliding into a double-bottom base at 1.3409 as the soft-USD tone (DXY at three-week lows) kept a floor under price. Now recovering to 1.3420 with RSI(14) back to neutral; descending highs from 1.3451 still cap the upside.

Support: 1.3409, 1.3400

Resistance: 1.3436, 1.3451

What it said to watch

  • M15 close above 1.3436 reopens the path to the 1.3451 session high
  • Failure to hold 1.3409 confirms a lower low and exposes 1.3400

10:32 UTC

Pullback off session high, bouncing · RSI 52 · price 1.34226

Double bottom after retrace, lower highs capping.

Cable topped at 1.34515 during NY hours then retraced ~40 pips into the London session, printing a double bottom near 1.3408 before recovering to 1.3423. The move sits above the 200-day EMA cited in the macro read; a chain of lower highs from 1.34515 still caps the bounce.

Support: 1.34084, 1.3390

Resistance: 1.3429, 1.34515

What it said to watch

  • M15 close below 1.34084 confirms a lower low and breaks the double bottom
  • Reclaim of the 1.3429 lower high reopens the 1.34515 session high
  • US CPI (Tue) and BoE Bailey (Mon) sit outside the immediate window but frame the wider range

10:32 UTC

Uptrend pausing, pullback recovering · RSI 54 · price 1.34226

Retraced from session high, higher low forming.

Cable pushed to a 1.3451 session high during the NY run, then bled ~40 pips into the Asian range to test 1.3408 support before recovering into the London morning at 1.3422 — right on the 61.8% retracement of that leg. RSI(14) mid-range near 54; price is back above EMA20 but capped below EMA50.

Support: 1.34084, 1.3400

Resistance: 1.3435, 1.34515

What it said to watch

  • Reclaim of 1.3435 minor high reopens the 1.34515 session high
  • Loss of 1.34084 session low exposes the 1.3400 pivot

10:17 UTC

Pullback off NY session high, consolidating · RSI 44 · price 1.34141

Lower highs since 1.3451, holding above session low.

Cable was rejected at the NY session high near 1.3451 and slid back to 1.3408 through the Asian hours, printing a chain of lower highs. Price now consolidates around 1.3414 below EMA20, RSI(14) mid-range near 44; London today has yet to reclaim the 1.3436 swing.

Support: 1.34084, 1.3400

Resistance: 1.34359, 1.34515

What it said to watch

  • M15 close above 1.3436 swing high reopens the 1.3451 NY high
  • Failure to hold 1.34084 session low exposes 1.3400 round number
  • GBP structure stays firm above the wider 1.3400 pivot per digest

10:16 UTC

Intraday pullback from session high · RSI 44 · price 1.34141

Lower highs off 1.3451, consolidating.

Cable rejected the session high at 1.3451 during NY hours and pulled back to 1.3409, now consolidating near 1.3414 below EMA20/50 as USD stays soft ahead of CPI. RSI(14) cooled to the low-40s; no fresh momentum either way while price holds the 1.3409–1.3429 band.

Support: 1.3409, 1.3402

Resistance: 1.3429, 1.34515

What it said to watch

  • M15 close below 1.3409 confirms a lower low toward 1.3402
  • Reclaim of 1.3429 reopens the path to the 1.3451 session high
  • Fed Monetary Policy Report at 18:00 UTC could shift USD tone

10:02 UTC

Pullback off session high, momentum bearish but slowing · RSI 43 · price 1.34099

Lower highs since 1.3451, testing 1.3408 session low.

Cable rejected the three-week high at 1.3451 in Asia and has bled lower through London to the 61.8% fib near 1.3410, with USD softness fading. RSI(14) cooling near 42 and price under both EMAs; 1.3408 session low now the immediate floor.

Support: 1.3408, 1.3400, 1.3385

Resistance: 1.3419, 1.3428, 1.3451

What it said to watch

  • M15 close below 1.3400 opens the 1.3385 swing low
  • Reclaim of 1.3419 ema20 negates the pullback
  • Fed Monetary Policy Report 18:00 UTC could shift this read

10:01 UTC

Pullback lower off session high · RSI 41 · price 1.34099

Lower highs since 1.3451 peak, retracing the overnight rally.

Cable ran to a session high at 1.34515 on the broad USD slide, then rolled over into a steady sequence of lower highs, now sitting at 1.341 — the 61.8% retrace of that rally. RSI(14) near 41, momentum still leaking lower with price back under the EMA20/50.

Support: 1.34084, 1.33852

Resistance: 1.34306, 1.34515

What it said to watch

  • M15 close below 1.34084 session low opens the path to 1.33850 prior low
  • Reclaim of 1.34306 swing high needed to re-challenge the 1.34515 session high

09:46 UTC

Pulling back off session high · RSI 43 · price 1.34135

Lower highs since London peak.

London pushed cable to a session high at 1.3450 before rejecting, and price has since ground back down through a lower-high chain toward the 1.3409 breakout area. RSI(14) at 43 reflects the cooling momentum; price sits below EMA20 and EMA50 but is still holding above the 1.3400 200-day EMA that capped it earlier in the week.

Support: 1.3409, 1.3400, 1.3385

Resistance: 1.3436, 1.3450

What it said to watch

  • M15 close below 1.3409 exposes the 1.3400 200-day ema
  • Reclaim of 1.3436 lower high needed to challenge the 1.3450 session high
  • Fed Monetary Policy Report 18:00 UTC could shift this read

09:46 UTC

Pulling back off session high · RSI 43 · price 1.34135

Lower highs since 1.3451 peak.

Cable rejected the 1.3451 session high overnight and faded through the London session back toward 1.3410, RSI(14) cooling into the mid-40s as USD stayed soft. Micro-structure is a chain of lower highs; price now sits just above the 1.3409 session low.

Support: 1.3409, 1.3400, 1.3385

Resistance: 1.3429, 1.3447, 1.34515

What it said to watch

  • M15 close below 1.34090 confirms a lower low, opens 1.34000
  • Reclaim of 1.34290 needed to negate the fade off session high
  • Fed Monetary Policy Report ~18:00 UTC could shift USD tone

09:32 UTC

Intraday pullback, lower highs · RSI 43 · price 1.34154

Off session high 1.3451, lower highs into London.

Cable rallied to a session high of 1.3451 in the Asian hours, three-week highs on a soft USD, then bled off in a chain of lower highs into the London session. Price is now retesting the 1.3408 base with RSI(14) mid-40s; the pullback has retraced most of that up-leg.

Support: 1.34084, 1.34019

Resistance: 1.3429, 1.34515

What it said to watch

  • M15 close below 1.34084 confirms a lower low and extends the pullback
  • Reclaim of 1.34290 lower high negates the descending sequence
  • US CPI Tue 12:30 GMT is the dominant near-term catalyst for this pair

09:16 UTC

Intraday pullback, lower highs · RSI 43 · price 1.34136

Fading off session high, chain of lower highs.

Cable topped at 1.34515 in the Asian session then bled lower through London, printing a clean chain of lower highs into 1.34084. Price now sits mid-range near 1.3414 below EMA20/50, RSI(14) around 42; the digest ties the earlier surge to a soft USD after weak claims and dovish CPI positioning.

Support: 1.34084, 1.3400

Resistance: 1.3429, 1.34515

What it said to watch

  • M15 close back above 1.34290 breaks the lower-high chain
  • Failure to hold 1.34000 pivot confirms a lower low
  • Reclaim of 1.34515 reopens the session high

09:16 UTC

Intraday uptrend fading · RSI 42 · price 1.34136

Double top at session high, pulling back.

Cable rallied through London to a session high near 1.3451 after clearing the 1.3400 area, with a soft USD (DXY at 3-week lows) behind the move. Price twice rejected 1.3451 and has since faded to 1.3413, RSI cooling to the low 40s; the recent leg has retraced back to its origin around 1.3408.

Support: 1.3408, 1.3385

Resistance: 1.3435, 1.3451

What it said to watch

  • M15 close below 1.3408 confirms a lower low and negates the intraday recovery
  • Reclaim of 1.3435 needed to re-challenge the 1.3451 session high
  • Holding above the 1.3405 area keeps the earlier breakout structure intact

09:01 UTC

Pullback off session high · RSI 41 · price 1.34101

Lower highs since 1.3451 peak.

GBPUSD rallied through NY hours to a session high of 1.34515 on a soft dollar (DXY at 3-week lows) before rolling into a chain of lower highs. Price has since retraced to 1.34101, sitting on the 61.8% fib of the up-leg and just above the 1.3400 round number; RSI(14) cooling near 40.

Support: 1.34084, 1.3400

Resistance: 1.3429, 1.34515

What it said to watch

  • Failure to hold 1.34000 confirms the pullback deepening
  • Reclaim of 1.34290 swing high negates the lower-high sequence
  • US CPI Jul 14 is the dominant two-sided risk later this week

09:01 UTC

Downtrend off session high · RSI 37 · price 1.34101

Lower highs, retracing full NY rally.

GBPUSD ran to a session high 1.34515 during NY hours on a soft dollar, then faded steadily and has now fully unwound the move back to 1.34090. Price prints a chain of lower highs, sits below EMA20/50, RSI(14) near 37 — no bid returning yet into the current session.

Support: 1.34084, 1.3400

Resistance: 1.3429, 1.34515

What it said to watch

  • M15 close below 1.34080 confirms a fresh lower low
  • Reclaim of 1.34290 breaks the descending lower-high sequence
  • US CPI Jul 14 is the dominant near-term dollar catalyst

08:46 UTC

Intraday pullback off session high · RSI 40 · price 1.34115

Lower highs since 1.3452 peak.

GBPUSD rejected the 1.3452 session high through London hours and has ground lower to 1.3411, RSI(14) sub-40 as sellers stack lower highs. Price now testing the 1.3400 200-day EMA pivot flagged in the broader GBP read; below it, 1.3385 opens up.

Support: 1.3400, 1.3385

Resistance: 1.3429, 1.34515

What it said to watch

  • Failure to hold 1.3400 confirms a lower-low and exposes 1.3385
  • M15 close back above 1.3429 negates the lower-high sequence
  • US CPI (Jul 14) is the week's key USD catalyst

08:46 UTC

Intraday pullback, lower highs · RSI 37 · price 1.34115

Lower highs / lower lows off session high.

GBPUSD faded from the 1.34515 session high through the NY session, printing a clean sequence of lower highs and lower lows, RSI(14) cooling near 37. Broader tone stays GBP-firm above the 200-day area, but the last few hours are a controlled pullback back toward the 1.34105 session low.

Support: 1.34105, 1.3400

Resistance: 1.3429, 1.3436, 1.34515

What it said to watch

  • M15 close below 1.34105 opens the 1.3400 psych pivot
  • Reclaim above 1.34290 breaks the lower-high sequence

08:32 UTC

Intraday downtrend, pullback from session high · RSI 42 · price 1.3415

Lower highs off 1.3451, retracing prior rally.

GBPUSD faded from the 1.3451 session high through the London morning, printing lower highs and slipping to 1.3415 with RSI(14) cooling near 42. Price now sits below EMA20/50 after retracing roughly 55% of the prior rally off the 1.3385 swing low; the 1.3412 session low is the immediate pivot.

Support: 1.34124, 1.3400, 1.33852

Resistance: 1.34306, 1.34515

What it said to watch

  • M15 close below 1.34124 session low opens the 1.3400 200-day ema pivot
  • Reclaim of 1.34306 swing high needed to negate the intraday fade
  • US CPI Tue could reset the USD tone into next week

08:31 UTC

Pulling back off session high · RSI 42 · price 1.3415

Lower highs since 1.3451 peak.

GBPUSD faded from the London session high at 1.3451 and is grinding out lower highs, now back at 1.3415 with RSI(14) cooling to the low 40s. The 200-day EMA at 1.3400 flagged in context sits just below as the pivot; sellers capped each bounce through the last few hours.

Support: 1.3400, 1.3385

Resistance: 1.3431, 1.3451

What it said to watch

  • Close below 1.3400 (200d ema) exposes the 1.3385 swing low
  • Reclaim of 1.3431 negates the lower-high sequence

08:17 UTC

Intraday pullback off session high · RSI 40 · price 1.34169

Lower highs since peak, retracing overnight rally.

Cable spiked to a session high of 1.34515 on the overnight leg then faded steadily through the London morning, printing lower highs into 1.34275 and now testing the 1.34089 swing low. RSI(14) around 40 as the rally unwinds; the 1.3400 psych pivot (the 200-day area cited in the GBP read) sits just below.

Support: 1.34089, 1.3400, 1.33852

Resistance: 1.34275, 1.34359, 1.34515

What it said to watch

  • Break below 1.34089 swing low exposes the 1.3400 psych level
  • M15 close back above 1.34275 lower high negates the pullback structure
  • US CPI Tue and Fed Monetary Policy Report today (18:00 UTC) could reprice USD and shift this read

08:16 UTC

Pullback, lower highs since NY high · RSI 40 · price 1.34169

Descending lower highs off 1.34515 session high.

Cable ran up to a session high of 1.34515 into the NY session, then faded in a clean chain of lower highs back toward the session low at 1.34170. RSI(14) sub-40 as price sits on the low with 1.3400 psych just below.

Support: 1.3417, 1.3400

Resistance: 1.3429, 1.34515

What it said to watch

  • M15 close below 1.34170 confirms a lower low and opens 1.3400
  • Reclaim of 1.34290 breaks the descending lower-high chain

08:01 UTC

Uptrend stalling, pulling back · RSI 42 · price 1.34192

Lower highs off session peak, testing session low.

Cable spiked to a session high of 1.34515 on the earlier leg above the 1.3400 pivot, then faded through a string of lower highs into London hours. Price is now retracing ~76% of that move and pressing the session low near 1.3419, RSI(14) cooled into the low-40s.

Support: 1.3419, 1.34089

Resistance: 1.34306, 1.34515

What it said to watch

  • M15 close below 1.3419 opens the 1.34089 swing low
  • Reclaim of 1.34306 would revive the up-leg toward the 1.34515 high
  • US CPI (Jul 14) is the marquee catalyst — not imminent but frames the wider range

08:01 UTC

Up-move stalling, pulling back · RSI 43 · price 1.34192

Rejected session high, lower highs into London.

Cable ran to a 1.34515 session high during the London-NY overlap, printed a matching top around 1.3451 and rolled over, now back at 1.3419 with RSI(14) cooling to the low-40s. Price is stepping down under EMA20/50 through the London session, testing the 1.3400 200-day EMA pivot flagged as the key structural line.

Support: 1.3419, 1.3400

Resistance: 1.34355, 1.34515

What it said to watch

  • Close back above 1.34355 lower-high line reopens the 1.34515 session high
  • Failure to hold 1.3400 flips the 200-day EMA back to resistance

07:46 UTC

Uptrend cooling, pullback in play · RSI 45 · price 1.34275

Pullback after breakout to session high.

London session drove a breakout above the 1.3400 200-day EMA to a session high of 1.34515 before fading, with cable now consolidating near 1.34275 after rejection there. RSI(14) has cooled to the mid-40s and price slipped back under EMA20; the 1.34214 session low is holding so far.

Support: 1.34214, 1.3409

Resistance: 1.3440, 1.34515

What it said to watch

  • M15 close below 1.34214 confirms a lower low and shifts the intraday read lower
  • Reclaim of 1.34400 keeps the breakout intact toward the 1.34515 session high
  • US CPI Jul 14 is the next major catalyst for this pair

07:46 UTC

Uptrend stalling, pullback in play · RSI 46 · price 1.34275

London rally faded, consolidating below highs.

London open drove a clean rally off 1.3409, clearing 1.3440 and tagging 1.34515 before sellers rejected it back toward 1.3428. Price now consolidating around the 50% retrace of that move, holding above the 1.34214 swing low.

Support: 1.34214, 1.3409

Resistance: 1.3447, 1.34515

What it said to watch

  • M15 close below 1.34214 confirms a deeper retrace of the London rally
  • Reclaim of 1.34470 reopens the 1.34515 range top
  • US CPI Jul-14 is the dominant catalyst ahead but sits outside this window

07:32 UTC

Intraday uptrend, momentum fading · RSI 42 · price 1.34257

Consolidating below session high after rejection.

Cable ran up to a session high of 1.3452 in the early hours as GBP stayed broadly bid after clearing the 200-day EMA above 1.3400, then got rejected and has drifted back to 1.3426. Price now consolidates below the recent high at 1.34356 with RSI cooling to ~42; the swing low at 1.34214 caps the downside for now.

Support: 1.34214, 1.3400

Resistance: 1.34356, 1.34515

What it said to watch

  • Close below 1.34214 swing low opens the path to the 1.3400 psych level
  • Reclaim of 1.34356 recent high needed to retest the 1.34515 session high
  • US CPI Tue is the pivotal macro risk beyond this session

07:31 UTC

Uptrend, pulling back from session high · RSI 48 · price 1.34257

London rally then pullback, holding above breakout base.

London open drove cable through 1.3400 up to a session high at 1.34515, then it eased back to 1.34257 with RSI cooling toward mid-range and price slipping under EMA20. The 1.34214 swing low is being retested while the 1.34084 breakout base still underpins.

Support: 1.34214, 1.34084, 1.33934

Resistance: 1.3447, 1.34515

What it said to watch

  • M15 close below 1.34214 exposes the 1.34084 breakout base
  • Reclaim of 1.34515 resumes the London upside toward the 1.3470 barrier
  • US CPI Tue is the next major driver; no high-impact UK data imminent

07:17 UTC

Intraday uptrend, momentum fading · RSI 44 · price 1.34255

Pullback from session high.

London session drove cable up through 1.3435 to a session high at 1.34515, clearing the 200-day EMA zone. Price has since eased back to 1.3425, roughly the 38% retrace of that leg, with RSI(14) cooling toward mid-40s and price now under EMA20 but holding above EMA50.

Support: 1.34214, 1.3400

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close above 1.34515 reopens the 1.3470 barrier
  • Loss of 1.34214 exposes the 1.3400 200d ema pivot

07:16 UTC

Uptrend, momentum cooling · RSI 47 · price 1.34255

Rally into session high, pulling back.

Cable rallied from the 1.3385 session low to 1.3451 during the London session before rejection capped it, easing back to 1.3425 with RSI(14) cooling to the mid-40s. Move follows GBP clearing the 200-day EMA above 1.3400; price now consolidating between 1.3421 and the session high, holding above EMA50.

Support: 1.34214, 1.3410, 1.3385

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close back above 1.34515 reopens the 1.3470 barrier
  • Loss of 1.34214 swing low confirms a lower-low and deeper pullback toward 1.3410
  • US CPI Jul 14 is the key upcoming risk for this pair

07:01 UTC

Uptrend, momentum cooling after session-high rejection · RSI 47 · price 1.34274

Pullback within a broken-out range, holding above 1.3400.

Cable broke above the 1.3400/200-day EMA cap overnight and ran to a session high of 1.34515 before RSI cooled and sellers rejected the level. Now consolidating near 1.3427 in early London, still holding above the 1.3400 ceiling that contained it all week.

Support: 1.3420, 1.3400

Resistance: 1.34515, 1.3470

What it said to watch

  • Close back below 1.3400 (200dma) would flag a failed breakout
  • Break above the 1.34515 session high opens the path to 1.3470
  • US CPI Tue is the pivot risk but sits days out, not next bar

07:01 UTC

Uptrend, momentum cooling · RSI 43 · price 1.34274

London breakout fading back toward breakout level.

London session drove cable above the 1.3400 200-day EMA to a session high at 1.34515, then faded ~24 pips back toward 1.3427 with RSI(14) cooling to the low 40s. Price now sits between the 1.34214 swing low and the session high, digesting the breakout.

Support: 1.34214, 1.3400

Resistance: 1.34515, 1.3470

What it said to watch

  • A close back below 1.3400 negates the breakout read
  • Reclaim and hold above 1.34515 session high opens the 1.3470 next barrier
  • Failure to hold 1.34214 swing low confirms a lower-low

06:47 UTC

Pullback after intraday rally · RSI 44 · price 1.34255

Descending highs off session high, holding 61.8% retrace.

Cable broke above the 1.3400 200-day EMA that capped it all week and ran to a session high of 1.34515 before easing back to the 61.8% retracement near 1.3425. Highs have stepped lower since the peak and RSI(14) has cooled to the mid-40s; the 1.3400 shelf is now the pivot on the downside.

Support: 1.34214, 1.34089, 1.3400

Resistance: 1.3447, 1.34515

What it said to watch

  • M15 close below 1.34214 swing low confirms a lower low
  • Reclaim of 1.34470 puts the 1.34515 session high back in play
  • US CPI (Jul 14) is the next major catalyst for the pair

06:46 UTC

Uptrend, momentum fading on pullback · RSI 44 · price 1.34255

Pullback after session-high rejection.

Cable rallied off 1.3380 into a 1.34515 session high during Asia hours, then rejected and retraced roughly 38% as London opened. RSI(14) has cooled to the mid-40s and price now sits below EMA20 but holds above the 1.34214 swing low.

Support: 1.34214, 1.3400

Resistance: 1.34515, 1.3447

What it said to watch

  • M15 close below 1.34214 swing low exposes the 1.3400 round number
  • Reclaim of the 1.34515 session high would resume the advance
  • US CPI (Jul 14) is the next major catalyst for the pair

06:32 UTC

Uptrend, pulling back after rejection · RSI 49 · price 1.34274

Higher high into NY, now retracing.

NY session drove cable through the 1.3400 200-day EMA ceiling to a session high at 1.34515 before rejecting; price has since drifted back to 1.34274 through the Asia session with RSI(14) cooling to mid-range. The 1.3400 breakout level is holding on the pullback so far.

Support: 1.34214, 1.3400, 1.33805

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close back below 1.3400 (200d ema) reopens the 1.33805 session low
  • Reclaim of 1.34515 session high opens the 1.3470 barrier

06:31 UTC

Uptrend, pulling back · RSI 48 · price 1.34274

HH into 1.3451, retracing into London open.

Cable ran to a session high at 1.3451 in the Asian hours on a soft dollar, then bled back to 1.3427 into the London open with RSI(14) cooling to the mid-40s. Pullback is holding above the 1.3400 200-day EMA that capped the pair all week; price sits mid-way through the 1.3409–1.3451 impulse.

Support: 1.34214, 1.3400

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close above 1.3451 session high opens the 1.3470 prior high
  • Failure to hold 1.3400 200-day EMA negates the intraday uptrend
  • US CPI (Jul 14) is the next major catalyst for this pair

06:16 UTC

Uptrend, momentum cooling · RSI 51 · price 1.34329

London impulse, shallow pullback.

London open drove a clean run from the London low near 1.34089 to a session high at 1.34515, with cable clearing the 200dma / 1.3400 ceiling flagged into the session. Price then eased back to the 1.34214 swing low, where it found footing and is grinding back toward the highs. RSI(14) has cooled to mid-range after the impulse.

Support: 1.34214, 1.34089, 1.3400

Resistance: 1.34515, 1.3447

What it said to watch

  • M15 close back above 1.34515 opens the path toward 1.3470
  • Loss of 1.34214 swing low exposes the 200dma / 1.3400 zone
  • US CPI Tue could materially shift this read

06:16 UTC

Up leg, pulling back · RSI 53 · price 1.34329

Session high rejected, higher low holding.

London session drove cable up to a session high at 1.34515, tagging the 1.3400+ zone flagged as the 200-DMA ceiling, before rejecting back to 1.34214 as the USD steadied off DXY 101.00. Price is now recovering toward 1.343, holding above the swing low.

Support: 1.34214, 1.3400, 1.34089

Resistance: 1.3447, 1.34515

What it said to watch

  • Sustained M15 close above 1.34515 reopens the upside toward 1.3470
  • Loss of 1.34214 confirms a lower low and negates the recovery
  • US CPI Tue could materially shift this read

06:02 UTC

Uptrend stalling, pulling back · RSI 47 · price 1.34286

Session-high rejection, lower highs forming.

Cable ran to a session high 1.34515 through the Asian session before fading on rejection below the 1.3470 200-DMA ceiling, now retracing to 1.3428, roughly half the up-leg. RSI(14) neutral near 47 as momentum cooled and lower highs stack under 1.3447.

Support: 1.3421, 1.3400, 1.3386

Resistance: 1.3447, 1.34515, 1.3470

What it said to watch

  • M15 close back above 1.34515 reopens the push toward 1.3470 200-dma
  • Loss of 1.3421 swing low confirms a deeper pullback toward the 1.3400 round number
  • US CPI (Tue) is the next macro driver for the USD side of this pair

06:01 UTC

Uptrend, momentum cooling on pullback · RSI 48 · price 1.34286

Rally then pullback, holding above 1.3400.

Cable pushed through 1.3400 to a session high at 1.34515 in early Asian hours, then eased ~30 pips as the dollar holds consolidative into the CPI wait. Now at 1.34286, still above the 1.3400 (200-DMA) ceiling flagged in the wider read; RSI cooling to mid-range.

Support: 1.34214, 1.3400

Resistance: 1.34515, 1.3447

What it said to watch

  • M15 close below 1.34214 confirms a lower low and deeper pullback
  • Loss of 1.3400 signals the advance above the 200-DMA has faltered
  • Reclaim of 1.34515 reopens the path higher

05:47 UTC

Intraday pullback, lower highs · RSI 43 · price 1.34251

Rolling over from session high, HL chain broken.

Cable rejected the NY session high at 1.34515 and has since carved a run of lower highs back to 1.34251, RSI(14) cooling to the low-40s. Move fits the wider read of GBP capped near the 200-DMA zone around 1.3400/1.3470; pullback now testing the 62% retrace of the London-NY leg up.

Support: 1.3420, 1.3400, 1.34089

Resistance: 1.34515, 1.3447

What it said to watch

  • M15 close below 1.3420 opens the path toward 1.3400 psych
  • Reclaim of 1.3447 negates the intraday pullback
  • 1.34515 session high — area to watch for a retest or fresh rejection

05:46 UTC

Up intraday, pulling back · RSI 43 · price 1.34251

Higher high then retrace off session high.

Cable rallied to a session high of 1.34515 before fading, with supply capping just under the 200-DMA ceiling near 1.3470 flagged in the macro read. Price has slipped back to 1.34251, right on the 61.8% retrace of the up-leg, RSI(14) cooling to the low-40s.

Support: 1.34214, 1.3400

Resistance: 1.34515, 1.3447

What it said to watch

  • M15 close below 1.34214 swing low opens a deeper retrace toward the 1.3400 round number
  • Reclaim of 1.34470 / 200-dma needed to reassert the intraday advance

05:32 UTC

Near-term up, pulling back · RSI 44 · price 1.34259

Rally to session high, now retracing.

Cable pushed to a 1.34515 session high in the Asia session before rejection capped it near the 1.3470 barrier flagged in the macro read. Price has since eased back to 1.34259, roughly 60% of the 1.34090-1.34515 rally, RSI(14) cooling to the mid-40s.

Support: 1.3409, 1.33852

Resistance: 1.34515, 1.3447

What it said to watch

  • M15 close below 1.34090 consol base opens the 1.33852 session low
  • Reclaim of 1.34515 needed to resume the advance toward the 1.3470 barrier
  • US CPI Tue is the near-term risk that could reshape this read

05:31 UTC

Uptrend, momentum cooling · RSI 47 · price 1.34259

Pullback off session high after London rally.

London session drove cable to a session high of 1.34515 before rejection near the 200-day EMA cap, and price has since faded to 1.34259 with RSI(14) cooling toward neutral. The pullback is holding above the 1.34090 rally base, retracing roughly 60% of the London leg.

Support: 1.3409, 1.33845

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close above 1.34515 opens the 1.3470 upside barrier
  • Failure to hold 1.34090 negates the London rally and exposes 1.33845

05:17 UTC

Uptrend, pulling back · RSI 45 · price 1.34299

Rally faded, retracing to mid.

Asian session drove cable to a session high of 1.34515 before rejection near the 1.3470 barrier area; price has faded to 1.34299, sitting on the 50% retracement of that leg. RSI(14) cooling to the mid-40s and price back under EMA20 as the pullback develops.

Support: 1.3427, 1.3414, 1.34089

Resistance: 1.3447, 1.34515

What it said to watch

  • M15 close below 1.34270 confirms a lower-low and deeper retrace toward 1.34140
  • Reclaim of 1.34470 revives the advance toward the 1.34515 session high
  • US CPI (Jul 14) is the next major cross-market driver, several days out

05:16 UTC

Pullback after London rally · RSI 43 · price 1.34299

Lower highs off session high.

London pushed cable to a session high at 1.34515 before rejection there, well under the 1.3470 barrier flagged into a thin week. Price has since stepped down through lower highs to 1.34300, sitting on the 50% retrace of the earlier rally with RSI(14) mid-40s.

Support: 1.34272, 1.34089

Resistance: 1.34347, 1.34515

What it said to watch

  • M15 close below 1.34272 confirms a lower low and extends the pullback toward 1.34089
  • Reclaim of 1.34347 needed to re-test the 1.34515 session high

05:02 UTC

Retracing after Asian-session push · RSI 45 · price 1.34295

Lower highs off 1.34515.

Asian session drove cable to a session high of 1.34515 before rejection, and price is now retracing into the London open in a chain of lower highs, sitting near the 50% retrace of that advance around 1.34300. GBP stays firm near the 1.3400 pivot per the softer-dollar backdrop, with RSI(14) cooling to the mid-40s and price back below EMA20.

Support: 1.34272, 1.3413, 1.3400

Resistance: 1.3447, 1.34515

What it said to watch

  • M15 close below 1.34272 opens deeper retrace toward the 1.34130 prior range
  • Reclaim of 1.34470 puts the 1.34515 session high back in view
  • US CPI (Jul 14) is the near-term cross-market catalyst

05:02 UTC

Uptrend, momentum cooling on pullback · RSI 46 · price 1.34295

Higher highs into 1.3451, now retracing.

Cable ran up to a 1.3451 session high during Asian hours then rejected, drifting back to 1.3430 with RSI(14) cooling near 46. Price now sits below EMA20 but is holding above the 1.3409 swing low — a routine pullback within the intraday advance.

Support: 1.3409, 1.3385

Resistance: 1.3439, 1.3451

What it said to watch

  • M15 close below 1.3409 breaks the intraday higher-low chain
  • Reclaim of 1.3451 session high resumes the advance
  • US CPI Tue could materially shift this read

04:46 UTC

Uptrend, pulling back · RSI 46 · price 1.34294

Rally to session high, now retracing.

Cable rallied through the Asian session to a fresh session high at 1.34515 as the Dollar stayed soft after split FOMC minutes, then rejected and eased back to 1.3429. Pullback has dropped price below EMA20 with RSI(14) cooling near 46; 1.34057 swing low is the first structural floor.

Support: 1.34057, 1.3400

Resistance: 1.3447, 1.34515

What it said to watch

  • Close below 1.34000 round number confirms a deeper retracement
  • Reclaim of 1.34515 session high reopens the 1.3470 barrier
  • London open could redefine the session range

04:46 UTC

Uptrend, momentum fading · RSI 54 · price 1.34294

Pullback from session high after Asia-session rally.

Asia session pushed cable to three-week highs at 1.34515 on a soft dollar, then faded back to 1.34294 with RSI(14) cooling off from overbought. Rejection at the session high has price retesting the 1.34090 breakout base; the 1.3400 pivot underpins.

Support: 1.3409, 1.3400, 1.33805

Resistance: 1.34515, 1.3447

What it said to watch

  • M15 close below 1.34090 negates the breakout and reopens 1.34000
  • Reclaim of 1.34515 opens the path to the 1.3470 barrier
  • US CPI Tue could materially shift this read

04:32 UTC

Uptrend, momentum cooling · RSI 53 · price 1.3434

Rally to session high, now pulling back.

Cable pushed to a 1.3451 session high through the thin Asian session as the dollar stayed soft after split FOMC minutes, then faded back to 1.3434 on lower highs — a rejection off the 1.3451 print. RSI(14) cooling to the low-50s with price slipping back to the EMA20 as the advance stalls.

Support: 1.3410, 1.3385

Resistance: 1.3451, 1.3470

What it said to watch

  • M15 close above 1.3451 session high opens the 1.3470 barrier
  • Failure to hold 1.3410 prior range exposes the 1.3385 swing low
  • Thin UK/US calendar next 8h — cross-market USD tone is the driver

04:31 UTC

Uptrend, pulling back from session high · RSI 54 · price 1.3434

Higher highs, minor retrace off 1.3451.

Asian session pushed to fresh three-week highs at 1.3451 as the Dollar stayed soft after split FOMC minutes, now easing back to 1.3434 with RSI cooling to the mid-50s. Rising support off 1.3409 held the intraday advance; 1.3470 barrier untouched.

Support: 1.3409, 1.3400, 1.3384

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close above 1.34515 reopens the path to the 1.3470 barrier
  • Loss of the 1.3400 pivot invalidates the intraday uptrend
  • US CPI next week is the dominant near-term cross-market risk

04:16 UTC

Uptrend, momentum cooling · RSI 58 · price 1.34368

Higher highs, pulling back from session high.

Asian session drove cable to a session high at 1.34515 before pulling back to 1.34368, RSI(14) cooling from the push. GBP stayed firm as the Dollar softened on split FOMC minutes; the 1.34089 breakout base has so far held on the retrace.

Support: 1.3435, 1.34089, 1.33805

Resistance: 1.34515, 1.3470

What it said to watch

  • Close above 1.34515 puts the 1.3470 barrier in view
  • Failure to hold 1.34089 negates the breakout structure
  • London open could re-price the Asian range

04:16 UTC

Uptrend, momentum cooling · RSI 58 · price 1.34368

Higher highs into session top, minor pullback.

Cable rallied overnight to a session high of 1.34515 — fresh three-week highs as the dollar stayed soft on split FOMC minutes — before easing back to 1.34368. RSI(14) cooling from the push, price still holding above the 1.3400 pivot with the 1.3470 barrier untested.

Support: 1.3435, 1.3409, 1.3400

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close above 1.34515 opens the path to the 1.3470 barrier
  • Failure to hold 1.3409 signals the pullback deepening toward the 1.3400 pivot
  • London open in ~1h could redefine the session range

04:01 UTC

Uptrend, momentum cooling · RSI 61 · price 1.34385

Higher highs into London, minor pullback off session high.

London session drove cable through 1.3435 to a session high of 1.34515, extending fresh three-week highs as the dollar stayed soft on split FOMC minutes. Price has since eased to 1.34385, RSI(14) cooling from the mid-60s while holding above both EMAs; the 1.34085 swing low is the pivot for the intraday advance.

Support: 1.34085, 1.34025

Resistance: 1.34515, 1.3470

What it said to watch

  • Loss of 1.34085 swing low breaks the intraday higher-low chain
  • Close above 1.34515 opens the 1.3470 upside barrier
  • US CPI (Jul 14) is the dominant near-term dollar risk

04:01 UTC

Uptrend, momentum cooling · RSI 63 · price 1.34385

Fresh three-week highs, consolidating below session high.

NY session drove cable to fresh three-week highs at 1.34515 as the dollar softened on split FOMC minutes; RSI(14) cooling from the push as price consolidates around 1.34385. Move holds above the 1.3400 pivot, with the session high still capping.

Support: 1.3437, 1.3400

Resistance: 1.34515, 1.3470

What it said to watch

  • Close above 1.34515 opens the path to the 1.3470 barrier
  • Failure to hold 1.3437 exposes the 1.3400 pivot retest
  • US CPI (Jul 14) is the next macro driver for this pair

03:46 UTC

Uptrend, momentum cooling near highs · RSI 61 · price 1.3444

Higher highs, consolidating below session high.

Cable pushed a clean NY-into-Asia rally off the 1.3409 pre-breakout base to a fresh session high at 1.3451 as the dollar stayed soft after split FOMC minutes. Price is now consolidating around 1.3444 just under that high, RSI(14) cooling from overbought into the low 60s.

Support: 1.3422, 1.3409, 1.3385

Resistance: 1.3451, 1.3470

What it said to watch

  • M15 close above 1.3451 session high opens the path to the 1.3470 upside barrier
  • Failure to hold 1.3422 breakout base puts 1.3409 pre-breakout back in play
  • Thin near-term calendar; broad USD flow dominates next few hours

03:46 UTC

Uptrend, momentum cooling · RSI 61 · price 1.3444

Higher highs, consolidating under session high.

Cable pushed to a session high at 1.34515 during Asia hours, extending the leg off 1.3409 as the dollar stayed soft post-FOMC minutes. RSI(14) is cooling from the rally as price consolidates just under the high; the 1.3470 barrier remains untested.

Support: 1.3440, 1.3422, 1.3409

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close above 1.34515 opens the path to the 1.3470 barrier
  • Failure to hold 1.3440 range low signals a pullback toward 1.3409 swing low

03:31 UTC

Uptrend, stalling near session high · RSI 66 · price 1.34461

Higher highs, consolidating under the high.

Cable pushed to a fresh session high at 1.34515 through the Asian session, extending the leg off 1.34089; RSI(14) elevated near 66 as the last few bars stall just under the high. The advance fits the softer-dollar tone after split FOMC minutes, with the 1.3470 barrier the next area overhead ahead of the London open.

Support: 1.3435, 1.34089, 1.33805

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close above 1.3470 opens the path toward the 200-day EMA barrier
  • Loss of the 1.34089 leg low would negate the intraday uptrend
  • London open could break or reject the 1.34515 session high

03:31 UTC

Uptrend, consolidating near highs · RSI 66 · price 1.34461

Higher highs, holding just under session high.

Cable pushed from the 1.3409 base to a 1.34515 high through the early hours on broad dollar softness, then stalled into a tight range just under the high. RSI(14) cooling from the impulse but still firm; price holding above the 1.34347 breakout.

Support: 1.3442, 1.34347, 1.34089

Resistance: 1.34515, 1.3470

What it said to watch

  • Close above 1.34515 opens the path to the 1.3470 barrier
  • Loss of the 1.34347 breakout would put the base low at 1.34089 back in focus
  • US CPI (Jul 14) is the dominant near-term dollar risk

03:16 UTC

Uptrend, extended after breakout · RSI 66 · price 1.34447

Higher highs, consolidating below session high.

Cable broke the 1.3400 base early Asia and rallied to a session high of 1.34515 as the softer dollar held into the CPI week. Price is now stalling around 1.3445, RSI(14) cooling from the highs but structure intact; the 1.3470 barrier remains untested.

Support: 1.3409, 1.3400

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close above 1.34515 opens the path to the 1.3470 barrier
  • Loss of the 1.34090 breakout base negates the Asia advance
  • Thin Asia liquidity can exaggerate wicks around 1.3445

03:16 UTC

Uptrend, fresh session highs · RSI 69 · price 1.34447

Breakout, chain of higher highs.

Cable broke the 1.3410 base during Asian hours and ran to fresh three-week highs at 1.34515, now holding near 1.3445 with a soft dollar backdrop after split FOMC minutes. RSI(14) elevated near 68 but not yet stretched; the 1.3470 barrier flagged above is the next upside test.

Support: 1.3410, 1.3400

Resistance: 1.34515, 1.3470

What it said to watch

  • M15 close back below 1.3410 negates the breakout read
  • 1.3470 area to watch for rejection or break — close above opens the path higher
  • US CPI Jul 14 dominates cross-market USD risk into the week

03:01 UTC

Uptrend, momentum extended · RSI 71 · price 1.34486

Higher highs into session high after breakout.

Cable pushed to 3-week highs near 1.3450 into the Asia session, extending a breakout above the 1.3440 shelf as the Dollar stayed soft after split FOMC minutes. RSI(14) around 71 — hot but consistent with the impulsive leg; the 1.3470 barrier is the next area to watch.

Support: 1.3440, 1.3410, 1.3385

Resistance: 1.34515, 1.3470

What it said to watch

  • close back below 1.3440 negates the breakout, opening 1.3410
  • 1.3470 upside barrier / 200-day cap — area to watch for rejection or break
  • US CPI Jul 14 could materially shift the USD leg of this read

03:01 UTC

Uptrend, momentum firm · RSI 71 · price 1.34486

Higher highs, fresh session highs after breakout.

Cable pushed to fresh three-week highs near 1.3452 late in the US session as the Dollar gave back ground on split FOMC minutes, breaking cleanly above the 1.3413 consolidation. RSI(14) is hot near 70 but not yet extreme; the 1.3434 breakout shelf is now acting as near support.

Support: 1.3434, 1.3409, 1.3400

Resistance: 1.34515, 1.3470

What it said to watch

  • Hold above 1.3434 keeps the advance intact; loss reopens the 1.3409 consolidation
  • 1.3470 barrier is the next area to watch for rejection or break
  • Close back below 1.3400 pivot negates the breakout

02:46 UTC

Uptrend, momentum extended · RSI 71 · price 1.34491

Higher highs, breakout above prior-day high.

Cable pushed to fresh session highs at 1.34509 through Asian hours, clearing the 1.3430 prior-day high as the Dollar stayed soft post-FOMC minutes. Move is clean and one-directional with RSI(14) hot near 71; last bar stalling just under the high.

Support: 1.3430, 1.34089, 1.3400

Resistance: 1.34509, 1.3470

What it said to watch

  • A close back below 1.3430 would fail the breakout and re-open 1.34089
  • The 1.3470 barrier is the next upside test — area to watch for rejection or break
  • Loss of 1.3400 flags a broader Dollar bounce

02:46 UTC

Uptrend, momentum extended · RSI 75 · price 1.34491

Higher highs, fresh 3-week high.

Asia session drove a sharp impulse off 1.34084 to fresh 3-week highs, printing a session high at 1.34509 as the Dollar stayed soft post-FOMC minutes. RSI(14) near 74 flags a hot but not extreme move; price now stalling just under the session high with the 1.3470 barrier overhead.

Support: 1.34336, 1.34084, 1.33805

Resistance: 1.34509, 1.3470

What it said to watch

  • M15 close above 1.34509 opens the path toward the 1.3470 upside barrier
  • Failure to hold 1.34336 breakout base flags a pullback into the range
  • US CPI Jul 14 is the key cross-market USD risk

02:31 UTC

Uptrend, momentum accelerating · RSI 74 · price 1.34455

Higher highs, breakout from tight consolidation.

Cable broke out of a tight 1.3410-1.3413 consolidation and ran to a session high near 1.3451, printing three-week highs as the Dollar stayed soft post-FOMC minutes. RSI(14) is hot near 74 after the vertical push, with the 1.3470 barrier just overhead.

Support: 1.3413, 1.3390

Resistance: 1.3451, 1.3470

What it said to watch

  • Rejection at 1.3451 session high or a stall below the 1.3470 barrier would cap the leg
  • Loss of 1.3413 prior range signals the breakout is failing
  • US CPI (Jul 14) is the dominant cross-market risk into next sessions

02:31 UTC

Uptrend, momentum accelerating · RSI 72 · price 1.34455

Higher highs into fresh session highs.

Cable broke out of a tight late-Asia range to fresh three-week highs at 1.34509, extending the USD softness seen after the split FOMC minutes. RSI(14) near 72 shows the push is hot but not extreme; the 1.34700 barrier is the next area to watch overhead.

Support: 1.3409, 1.3400, 1.33842

Resistance: 1.34509, 1.3470

What it said to watch

  • Move into 1.34700 barrier — area to watch for rejection or break
  • Loss of 1.34090 breakout level would negate the breakout read
  • Failure to hold 1.34000 pivot flags a dollar bounce

02:16 UTC

Uptrend, momentum accelerating · RSI 75 · price 1.34479

Breakout to fresh session highs.

Cable pushed off the 1.3409 base and broke the prior 1.3431 high into fresh session highs at 1.3449 during early Asia, RSI(14) hot near 74. Move follows a soft USD tone post-FOMC minutes; the 1.3470 upside barrier is the next area to watch for rejection or break.

Support: 1.3431, 1.3409, 1.3400

Resistance: 1.3470

What it said to watch

  • Close above 1.3470 opens the path higher toward the recovery target
  • Loss of 1.3431 flags a failed breakout back into the base
  • US CPI Jul 14 is the dominant near-term catalyst for this pair

02:16 UTC

Uptrend, fresh breakout leg · RSI 75 · price 1.34479

Higher highs, broke prior range top.

Cable broke the 1.3385-1.3430 range and ripped to fresh 3-week/session highs at 1.3449 as the dollar stayed soft after split FOMC minutes. RSI(14) near 74 shows the leg is hot but not extreme; the 1.3470 barrier (200-day EMA cap on higher TFs) is the next level to watch.

Support: 1.3435, 1.3400, 1.3381

Resistance: 1.3449, 1.3470

What it said to watch

  • Rejection at the 1.3470 barrier caps this advance
  • Loss of 1.3400 flags a dollar bounce and range re-entry
  • US CPI Jul 14 could materially shift this read

02:01 UTC

Uptrend, momentum extended · RSI 74 · price 1.34339

Higher highs, breakout above 1.3400.

Early Asia extended the late-NY push, breaking clear of the 1.3400 psych ceiling to a fresh session high at 1.34385, RSI(14) running hot near 74. Move fits the softer-USD tone after split FOMC minutes; buyers held the rising support off 1.34053 and 1.34084 into the breakout.

Support: 1.3400, 1.34084, 1.34053

Resistance: 1.34385, 1.3470

What it said to watch

  • M15 close back below 1.3400 psych signals USD stabilizing and breakout failure
  • Sustained push through 1.34385 session high opens the 1.3470 barrier
  • US CPI Jul 14 is the next real test and could shift this read

02:01 UTC

Uptrend, pushing fresh highs · RSI 71 · price 1.34339

Higher highs/higher lows, cleared 1.3400.

Cable ground higher through the Asian session, breaking cleanly above the 1.3400 ceiling to a fresh session high at 1.34385 with USD soft on the split FOMC minutes. RSI(14) near 71 — hot but consistent with the trend; the move accelerated off the 1.34100 consolidation shelf.

Support: 1.3410, 1.3400, 1.33805

Resistance: 1.34385, 1.3470

What it said to watch

  • Loss of 1.3400 would signal USD stabilizing and negate the breakout
  • A close above 1.34385 opens the path toward 1.3470
  • US CPI (Tue 12:30 UTC) is the next real test for this read

01:46 UTC

Uptrend, fresh highs · RSI 67 · price 1.34268

Breakout above intraday range to new high.

Cable pushed to fresh three-week highs at 1.34318 during Asian hours, clearing the 1.3400 200-day ceiling flagged in the macro read as USD softened on the split FOMC minutes. Price broke out of the 1.3405-1.3420 congestion and holds near the highs with RSI(14) around 67, room before it runs hot.

Support: 1.3409, 1.3400, 1.33805

Resistance: 1.34318

What it said to watch

  • M15 close back below 1.34090 negates the breakout and puts 1.3400 back in play
  • Failure to hold 1.3400 signals the USD stabilising per the macro read
  • US CPI (Jul 14) is the next real driver — not this bar period but sets the near-term tone

01:46 UTC

Uptrend, fresh session high · RSI 66 · price 1.34268

Higher highs, breakout above intraday range.

Cable pushed to a fresh session high at 1.34318 through the late US/early Asia handover, USD soft on the split FOMC minutes read. Price broke the 1.3413 consolidation and holds above the 1.3400 psych level; RSI(14) elevated near 66 but not yet stretched.

Support: 1.3409, 1.3400, 1.33805

Resistance: 1.34318, 1.34306

What it said to watch

  • M15 close back below 1.3400 would signal USD stabilizing and negate the breakout
  • Failure to hold 1.3409 breaks the rising intraday structure

01:32 UTC

Uptrend, pushing session highs · RSI 67 · price 1.34274

Higher highs, breakout from Asian consolidation.

Early Asian session: after thin, sub-2pip range bars, cable broke the 1.3409-1.34145 consolidation and printed a fresh session high at 1.34318, easing to 1.3427 as RSI cools from the high 60s. Move fits the GBP-firm, USD-soft backdrop keeping cable at 3-week highs above 1.3400.

Support: 1.34145, 1.3409, 1.33874

Resistance: 1.34318, 1.34306

What it said to watch

  • Loss of the 1.34145 breakout level reopens the 1.3409 consolidation floor
  • A clean push through 1.34318 extends the intraday leg
  • Liquidity thin into Asia — moves may not hold once London arrives

01:31 UTC

Uptrend, fresh session highs · RSI 68 · price 1.34274

Breakout from overnight consolidation.

Cable broke out of the low-volume overnight consolidation around 1.3410-1.3413 during Asian hours, pushing to a fresh session high at 1.34318 as USD stayed soft. RSI(14) elevated near 68 but not stretched; this extends a second day of GBP gains above 1.3400.

Support: 1.3413, 1.34084, 1.3402

Resistance: 1.34318, 1.34306

What it said to watch

  • Hold above 1.34130 keeps the breakout intact; loss of it reopens 1.34084
  • Rejection at 1.34306-1.34318 would cap the session high
  • US CPI (Jul 14) is the bigger swing factor for cable

01:16 UTC

Uptrend, fresh highs · RSI 69 · price 1.34315

Higher highs, session-high breakout.

Cable pushed to fresh 3-week highs at 1.3432 in thin Asian trade, clearing the ~1.3410 barrier that capped price earlier in the window. RSI(14) near 68 — hot but not extreme; buyers defended 1.3380 during the London-NY pullback before the fresh leg up.

Support: 1.3410, 1.3400, 1.33805

Resistance: 1.3432, 1.3447

What it said to watch

  • M15 close back below 1.3410 negates the breakout and re-opens 1.34000
  • Failure to hold 1.33805 confirms a lower low and ends the intraday advance
  • Thin Asian liquidity leaves the fresh-high break vulnerable to a false break

01:16 UTC

Uptrend, pushing fresh highs · RSI 69 · price 1.34315

Higher highs into session top.

Cable ground higher through thin Asian hours and is printing fresh session highs at 1.34318, clearing the 200-day EMA area near 1.3410 that capped it earlier in the window. Momentum is firm with RSI(14) near 68, not yet stretched; the London leg-up to 1.343 was defended after the dip to 1.33805 was bought back.

Support: 1.3409, 1.33805

Resistance: 1.34318

What it said to watch

  • M15 close above 1.34318 opens the path toward 1.3470
  • Failure to hold 1.34090 exposes the 1.33805 swing low
  • Thin Asian liquidity leaves the current push prone to fade before London open

01:01 UTC

Uptrend, recovering session highs · RSI 63 · price 1.34212

Consolidation, late push higher.

Cable spiked to a session high of 1.34306 in the London-NY window, faded to 1.33805, then ground back up through thin Asia trade to retest the 1.34247 recent high. Price now sits above EMA20/50 with RSI(14) around 63 — recovering, not extended.

Support: 1.3400, 1.33845

Resistance: 1.34247, 1.34306

What it said to watch

  • M15 close above 1.34306 opens continuation past the session high
  • Failure to hold 1.34000 negates the recovery and reopens 1.33845

01:01 UTC

Grinding higher, low volatility · RSI 64 · price 1.34212

Consolidation near range top, fresh push up.

Asia session broke out of a tight 1.3409-1.3413 coil, pushing back to 1.3425 with RSI(14) near 63 — buyers reclaiming the upper end of the day's range just under the 1.34306 prior high. Price holds above EMA20/50 but ATR is thin (~5 pips), typical of the pre-London lull.

Support: 1.3409, 1.34025, 1.33805

Resistance: 1.34247, 1.34306

What it said to watch

  • close above 1.34306 opens the path toward the 1.3470 barrier
  • failure to hold 1.34090 base returns price into the 1.3400 consolidation

00:46 UTC

Mild uptrend, thin Asia grind · RSI 61 · price 1.34173

Consolidating below session high after recovery from 1.3380.

Deep Asia session, very thin flow: cable holds above 1.3410 and is edging back toward the session high, having recovered the earlier dip to 1.33805. Move fits the soft-USD, 3-week-high GBP backdrop; RSI(14) around 61 with no extreme.

Support: 1.3402, 1.33805

Resistance: 1.3421, 1.34306

What it said to watch

  • M15 close above 1.34210 exposes the 1.34306 session high
  • Failure to hold 1.34020 reopens the 1.33805 session low
  • US CPI (Jul 14) is the bigger swing factor for this pair

00:46 UTC

Mild uptrend, grinding into highs · RSI 58 · price 1.34173

Higher lows off 1.33805, ranging near session top.

Cable spiked to 1.34306 during the London-NY window on USD softness, then faded to 1.33805 before carving higher lows back to the 1.3410s. Quiet Asia session now grinding up toward the 1.34191 range top, RSI(14) mid-range around 58.

Support: 1.34025, 1.33805

Resistance: 1.34191, 1.34306

What it said to watch

  • M15 close above 1.34191 opens the 1.34306 session high
  • Failure to hold 1.34025 exposes the 1.33805 swing low
  • US CPI (Jul 14) is the bigger swing factor for cable

00:31 UTC

Sideways after London push, momentum flat · RSI 51 · price 1.34094

Consolidating below session high, thin Asia range.

London drove cable to a session high of 1.34306 before fading; the pair has spent the Asia session coiling tightly around 1.3410 on thin volume. Price sits mid-structure just below the 1.3413 range top and above the 1.3405 Asia base, no clean directional break yet.

Support: 1.3405, 1.3385

Resistance: 1.3413, 1.3419, 1.34306

What it said to watch

  • M15 close above 1.3413 range top opens 1.3419 then session high 1.34306
  • Loss of 1.3405 asia base exposes the 1.3385 swing low
  • US CPI Tue could reprice USD and shift this range

00:31 UTC

Uptrend stalling, coiling near highs · RSI 51 · price 1.34094

Consolidation just under session high after spike-and-fade.

Cable holds just above 1.3400 in a thin Asian session after London/NY drove a spike to 1.34306 then a fade to 1.33805; the digest flags the 200-day EMA capping near 1.3410. Now coiled in a tight 1.3409-1.3413 micro-range on very light volume, RSI neutral around 51.

Support: 1.3402, 1.33805

Resistance: 1.34191, 1.34306

What it said to watch

  • M15 close above 1.34191 reopens the session-high push toward 1.34306
  • Failure to hold 1.34020 turns the read back toward the 1.33805 session low
  • US CPI Tue is the bigger swing factor for USD pairs

00:16 UTC

Uptrend, momentum flat · RSI 56 · price 1.3410

Consolidating below session highs.

Cable holds just above 1.3400 near 3-week highs after the London push stalled at the 1.3430 session high. Price is coiling in a tight 1.3400-1.3416 band through the quiet Asian hours, RSI(14) mid-range and volume thinning into rollover.

Support: 1.3400, 1.3385

Resistance: 1.3416, 1.3430

What it said to watch

  • M15 close above 1.3416 opens a retest of the 1.3430 session high
  • Loss of 1.3400 psych level exposes the 1.3385 swing low
  • US CPI (Jul 14) is the next major driver for this pair

00:16 UTC

Uptrend, momentum flat · RSI 53 · price 1.3410

Consolidation near session highs.

Cable is drifting in a tight Asia-session range around 1.3410 after London/NY drove a spike to the 3-wk high at 1.34306, faded to the session low 1.33805, then recovered. RSI(14) sits neutral near 53 and ATR is thin, reflecting the low-liquidity Asian hours; the round number at 1.3400 has held on the pullbacks.

Support: 1.3400, 1.33854, 1.33805

Resistance: 1.34191, 1.34306

What it said to watch

  • M15 close above 1.34306 reopens continuation higher
  • Loss of 1.3400 round number exposes 1.33854 swing low then 1.33805 session low
  • Thin Asia liquidity — wider spreads / erratic ticks until London open

00:01 UTC

Mild uptrend, momentum flat · RSI 56 · price 1.34129

Consolidation near session highs.

Cable is coiling just above 1.3410 after fading from the 1.34191 session high, holding above the 1.3380 day low set during the London-NY session. Volume has thinned to near-nothing into the daily rollover, so the last hour of flat prints reflects illiquid Asia-open conditions rather than fresh direction.

Support: 1.3405, 1.33805

Resistance: 1.34191, 1.34306

What it said to watch

  • M15 close above 1.34191 opens the 1.34306 day high
  • loss of 1.34050 swing low exposes the 1.33805 day low
  • thin rollover liquidity can exaggerate the next Asia-session move

00:01 UTC

Uptrend, momentum flat in thin trade · RSI 56 · price 1.34129

Consolidating just above 1.3410 after session-high rejection.

Cable holds >1.3400 near 3-week highs, drifting in a tight 1.3410-1.3413 range through thin Asian hours after London/NY pushed to a session high 1.34191 and rejected at the 1.3430 spike. RSI(14) neutral near 56, ATR compressed to ~12 pips as volume dries up late in the window.

Support: 1.3400, 1.33805, 1.33842

Resistance: 1.34191, 1.34306

What it said to watch

  • M15 close above 1.34191 reopens the 1.3430 spike high
  • Loss of 1.3400 psych level exposes 1.33805 swing low
  • Liquidity returns on London open; thin-trade range likely breaks

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