GBP/USD AI Live Scan, 4-hour chart, Tuesday, 10 November 2026

Every read JAFX AI made on the GBP/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

22:01 UTC

Rolling over from 1.3503, lower high in place · RSI 37 · price 1.33442

Lower high 1.3459 and lower low 1.3312 inside 1.3272-1.3503 range.

Cable failed at a lower high of 1.3459 and the hot US core CPI print drove a slide to the cpi low at 1.3312, undercutting the friday low at 1.3342 set after NFP. Price is now back near that friday low, below both EMAs. The ema20 at 1.3404 has flattened onto the EMA(50) at 1.3403, with a bearish cross close. ATR(14) has expanded from 26.5 to 31.5 pips on the CPI leg. The broader 1.3272-1.3503 range is still intact, with the oct low as the floor and the swing high at 1.3503 as the cap.

Support: 1.3342, 1.3312, 1.3272

Resistance: 1.34037, 1.3459, 1.3503

What it said to watch

  • H4 close below the 1.3312 cpi low extends the lower-low sequence toward the 1.3272 oct low and the range floor
  • Repeated closes back under the 1.3342 friday low keep the post-CPI break in force
  • Reclaim of the ema20 / EMA(50) cluster near 1.3403 and a close above the 1.3459 lower high would neutralise the rollover read
  • EMA(20) crossing below EMA(50) would confirm the H4 swing turn
  • Fed's Bowman and Paulson at 23:30 UTC, then UK GDP Thu 07:00 UTC (QoQ f/c 0.7%) could materially shift this read
  • Swing high at 1.3503 caps the range; only a break there resets higher-high structure

18:01 UTC

Downtrend developing, momentum expanding lower · RSI 34 · price 1.33324

Lower high at 1.3459 and lower low at 1.3312 after a double top near 1.3500.

Cable has rolled over from a double top near 1.3500. It printed a lower high at 1.3459, then a lower low at the 1.3312 cpi low as the hot US core CPI (0.3% vs 0.2%) revived Fed 50bp talk, cutting through the 1.3342 prior low from the post-NFP selloff. Price sits below the EMA20 (1.3410) and EMA50 (1.3405), with the EMA20 turning down toward a cross under the EMA50. RSI at 33.5 is weak but not oversold, and ATR(14) has expanded to 32.4 pips from 26.5, which points to an extending move rather than compression.

Support: 1.3312, 1.3272

Resistance: 1.3342, 1.3405, 1.3459

What it said to watch

  • H4 close back above the 1.3342 prior low would mark the CPI break as a false break
  • Reclaim of the 1.3405 ema50 and the 50% fib near 1.3407 would neutralise the lower-high sequence
  • EMA20 crossing below EMA50 would confirm the swing turn lower
  • H4 close below the 1.3312 cpi low opens the 1.3272 swing low from late October
  • Lower-high trendline from 1.3503 caps rallies; a break above 1.3459 invalidates the downtrend read
  • BoE's Pill (18:30 UTC), Fed's Bowman (20:30 UTC) and UK GDP Thu 07:00 UTC could materially shift this read

14:02 UTC

Pullback within multi-week uptrend, momentum fading · RSI 44 · price 1.3392

Lower high at 1.3459 under 1.3500 double top; higher lows still intact.

The rebound from the 1.3342 neckline stalled at a lower high of 1.3459, beneath the 1.3503/1.3501 double top. The hotter US CPI (headline 0.4%, core MoM 0.3% vs 0.2% forecast) knocked price below both EMAs to 1.3392, close to the 61.8% retracement of that rebound. The higher-low sequence from the 1.3272 swing low is still intact, and EMA20 holds above EMA50 with a narrowing gap; RSI has slipped to 43.5 from 57.8 and ATR(14) has re-expanded to 28.4 pips from 26.5.

Support: 1.33421, 1.32723

Resistance: 1.34079, 1.3459, 1.3503

What it said to watch

  • H4 close below the 1.3342 neckline confirms the double top and breaks the higher-low trendline from 1.3272
  • Recovery back above the ema50 at 1.3408 and EMA20 at 1.3418 would neutralise the post-CPI break
  • H4 close above the 1.3459 lower high reopens the 1.3500 double top area
  • An EMA20 cross below EMA50 would mark a shift in multi-day swing structure
  • UK GDP Thu 07:00 GMT and BoE Pill / Fed Bowman speeches later today could materially shift this read

10:02 UTC

Range-bound, recovering from double-top drop · RSI 52 · price 1.34272

Lower high at 1.3459 beneath 1.3500 double top; higher lows intact.

The 1.3500 double top resolved lower after Friday's strong US payrolls, a roughly 160-pip slide to the 1.3342 swing low. That low held well above the late-October base at 1.3272, so the higher-low sequence is intact. The rebound retraced past the 61.8% fib of that drop but stalled at a 1.3459 lower high, despite BoE hawkishness. Price is holding above the ema20 (1.3421) and ema50 (1.3408) with no EMA cross. ATR(14) has compressed from 32 to 27 pips as price coils between the higher-low trendline and the lower-high line off the double top.

Support: 1.34207, 1.34084, 1.33422

Resistance: 1.34587, 1.35027

What it said to watch

  • US October CPI at 13:30 UTC today could materially shift this read; a hot core print puts the ema50 and 1.3342 swing low back in focus
  • H4 close above the 1.3459 lower high reopens the 1.3500 double top zone
  • H4 close below the ema50 at 1.3408 exposes the 1.3342 swing low; a break there ends the higher-low sequence
  • UK GDP on Thu 12 Nov is a second catalyst for a break out of the compression

06:02 UTC

Uptrend, rebounding from higher low · RSI 58 · price 1.34467

Higher lows at 1.3272 and 1.3342; recovering toward the 1.3500 cap.

Higher-low structure holds across the three weeks, from 1.3272 to the 1.3342 swing low that followed the blowout US NFP selloff. Price has since retraced past the 61.8% fib of the 1.3503–1.3342 drop and is pressing the recent high at 1.3451, above both the ema20 and ema50, with RSI back near 58 after holding just above 30 at the low. ATR(14) has compressed from 32 to 26.6 pips under the 1.3500 prior high, which capped price twice last week, as the pair heads into US CPI.

Support: 1.34202, 1.34077, 1.33419

Resistance: 1.3451, 1.35027

What it said to watch

  • US October CPI at 13:30 UTC today (core f/c 2.8% y/y) could materially shift this read
  • H4 close above the 1.3503 prior high breaks the double rejection and extends the higher-high sequence
  • Failure to hold the recent high at 1.3451 leaves price ranging inside the 61.8% retrace zone
  • H4 close back below the ema20 at 1.3420 and ema50 at 1.3408 weakens the rebound
  • Break below the 1.3342 swing low and the higher-lows trendline ends the higher-low structure

02:02 UTC

Recovering within broader range, higher low intact · RSI 54 · price 1.34459

Higher low at 1.3342 above 1.3272; capped by double top near 1.3500.

Cable has retraced the NFP-driven slide from the 1.3503/1.3501 double top to the 1.3342 swing low, now sitting just above the fib 61.8 at 1.3442 and back over both EMAs. The 1.3342 low holds above the late-October 1.3272 base, keeping a higher-low sequence in place inside a broad 1.3342-1.3500 range. ATR(14) near 28 pips has eased from the post-NFP expansion ahead of US CPI.

Support: 1.3442, 1.3400, 1.3342

Resistance: 1.3463, 1.3500

What it said to watch

  • H4 close above the 1.3463 prior high opens a retest of the 1.3500 double top
  • Failure back below the 1.3400 pivot shifts focus to the 1.3342 swing low
  • Break of 1.3342 violates the higher-low trendline and reopens 1.3272
  • US CPI Tue 13:30 UTC could materially shift this read
  • UK GDP Thu 07:00 GMT is the GBP-side test of BoE hike pricing

All markets that day · Today’s GBP/USD Live Scan in the terminal