Cable was pinned in a 1.3330–1.3450 band all week, repeatedly rejected at the 200-DEMA ~1.3400, before the NY session push lifted it through that cap to a 1.3433 session high after the soft US core PPI/core CPI prints. Price now sits above EMA20 and EMA50 with RSI cycling in the low-60s, the double-bottom off 1.3325 having fuelled the impulse. The 1.3400 prior cap is the immediate area to watch as a retest pivot.
Support: 1.3400, 1.3352, 1.3325
Resistance: 1.3433, 1.3450, 1.3475
What it said to watch
Loss of 1.3400 on an H1 close negates the breakout and returns price into the week's range
UK April GDP Fri 06:00 UTC (f/c -0.1%) could materially shift this read
Clean break of 1.3450 week high opens the path to 1.3475
23:01 UTC
Uptrend, breakout from week range · RSI 68 · price 1.3424
Higher highs, reclaimed 200-dema cap.
Cable spent the week pinned 1.3330-1.3450 and repeatedly rejected at the 200-DEMA ~1.3400, but a soft US core CPI/PPI mix during the NY session sparked a clean impulse off 1.3325 up through that cap to a 1.3433 high. Price now holds above EMA(20) and EMA(50) with RSI(14) pushed into the high-60s. The 1.3400 prior cap is the immediate pivot — reclaimed and now the line that defines whether this breakout sticks.
Support: 1.3400, 1.3375, 1.3330
Resistance: 1.3433, 1.3450, 1.3475
What it said to watch
Hourly close back below 1.3400 returns price into the 1.3330-1.3450 range
Sustained trade above 1.3415 opens the path to 1.3475
UK April GDP (Fri 06:00 UTC, f/c -0.1%) could materially shift this read
22:01 UTC
Uptrend, fresh breakout from range · RSI 68 · price 1.34237
Broke above the 200-dema, higher highs into the close.
Cable spent the week pinned in a 1.3330-1.3450 band, repeatedly rejected at the 200-dema near 1.3400. A soft US core CPI/PPI print sparked a sharp NY-session impulse off the 1.3325 low straight through that cap, and price is holding the upper end at 1.3424 with RSI(14) pushing into the high-60s. The breakout flips the 200-dema (~1.3400) into a reference support for now.
Support: 1.3400, 1.3333
Resistance: 1.34332, 1.3450
What it said to watch
Daily close above 1.3415 needed to confirm the 200-dema break; a slip back under 1.3400 returns price into the prior range
UK April GDP Fri 06:00 UTC (f/c -0.1%) and US Michigan sentiment can materially reset this read
Failure to hold above the 1.34332 week high caps the breakout
Cable spent the week pinned in a 1.3330–1.3450 band, repeatedly capped at the 200-DEMA near 1.3400. A sharp NY rally pushed price through that cap to a weekly high at 1.34332 — soft US core PPI/CPI undercutting the dollar — and the move is holding above 1.3400 into the close. Price now sits above EMA20 and EMA50 with RSI at 68, the firmest momentum reading of the week.
Support: 1.3400, 1.3330
Resistance: 1.34332, 1.3475
What it said to watch
Failure to hold the 1.3400 200-DEMA on a retest re-opens the 1.3330 range low
A clean break above 1.34332 weekly high exposes the 1.3475 next target
UK April GDP Fri 06:00 UTC (f/c -0.1%) could materially shift this read
21:01 UTC
Uptrend, fresh breakout · RSI 66 · price 1.34148
Range break above week-long cap.
Cable spent the week pinned 1.3330–1.3450 and repeatedly rejected at the 200-DEMA ~1.3400, but a soft US core CPI print drove a clean NY-session impulse off 1.3325 to a session high 1.34332, clearing the cap. Price now holds above EMA20 and EMA50 with RSI(14) pushing into the mid-60s. The first close above the long-respected 1.3400 cap shifts the intraday read constructive while it holds.
Support: 1.3400, 1.33248, 1.3330
Resistance: 1.34332
What it said to watch
A slip back below 1.3400 would reclaim the week-long cap and negate the breakout
Failure to hold 1.33248 confirms a lower-low and re-opens 1.3330
UK April GDP (Fri 06:00 UTC, f/c -0.1%) could materially shift this read
21:01 UTC
Uptrend, breakout from week range · RSI 66 · price 1.34148
Higher highs into NY, range top cleared.
Cable spent the week pinned in a 1.3330–1.3450 band, repeatedly rejected at the 200-DEMA ~1.3400, before a sharp rally through the NY session lifted price off the 1.3325 lows and cleared that cap. A softer US core CPI/PPI read undercut the dollar and let GBP push to a session high of 1.3433 before settling back near 1.3415. RSI(14) has cycled up to the mid-60s and price now trades above both EMA(20) and EMA(50).
Support: 1.3400, 1.3368, 1.33248
Resistance: 1.34332, 1.3450
What it said to watch
Hourly close back below 1.3400 returns price into the prior range
A daily close above 1.3415 needed to confirm the break of the 200-DEMA cap
UK April GDP (Fri 06:00 UTC, f/c -0.1%) could materially shift this read
20:01 UTC
Range, recovering off lows · RSI 62 · price 1.34023
Weekly range, lows reclaimed.
GBPUSD swept down to 1.3325 during the NY session before a sharp recovery reclaimed the 200-day EMA region near 1.3400, closing at 1.3402 on a mixed US PPI/CPI backdrop. The 1.3330–1.3450 weekly range remains intact and price is back above EMA20 and EMA50 after the bounce. RSI(14) rebounded off the lows toward neutral as the decline was fully retraced.
Support: 1.3330, 1.3325, 1.3300
Resistance: 1.3415, 1.3423, 1.3450
What it said to watch
H1 close above 1.3415 opens a run toward 1.3475
Failure to hold 1.3330 risks 1.3300 then 1.3240
UK April GDP (Fri 06:00 GMT) could shift this range read
20:01 UTC
Range, recovering off lows · RSI 60 · price 1.34023
Range 1.3330-1.3415, sharp V-recovery off swing low.
GBPUSD swept the 1.3325 area into the NY session before a sharp V-recovery snapped price back above 1.3390, in line with the post-US-CPI USD wobble noted in the digest. The 1.3330-1.3415 weekly range remains intact, with price now pressing the upper half and holding above EMA20/50. RSI has lifted back to ~60 on the rebound but momentum stalled just shy of the 1.3415 200-day EMA cap.
Support: 1.3330, 1.33248, 1.3375
Resistance: 1.3415, 1.34232
What it said to watch
H1 close above 1.3415 invalidates the range top and opens 1.3475
Loss of 1.3330 confirms a lower-low and risks 1.3300
UK April GDP Friday 06:00 GMT could materially shift this read
19:01 UTC
Range-bound, recovering off lows · RSI 54 · price 1.33893
Weekly range, sweep-and-reverse off support.
GBPUSD ranged 1.3330–1.3420 all week, capped repeatedly at the 200d ema cap near 1.3400. The NY session swept the 1.3325 swing low then reversed sharply, snapping price back above the EMA20 into the close. RSI is cycling around the midline and the range top remains respected.
Support: 1.3370, 1.3325, 1.3306
Resistance: 1.3400, 1.34232
What it said to watch
H1 close above 1.3400 opens the path to the 1.3423 week high
Loss of the 1.3325 swing low confirms a lower low and risks 1.3306
UK April GDP (Fri) and next week's FOMC could materially shift this read
19:01 UTC
Range-bound, capped at 1.3400 · RSI 54 · price 1.33893
Weekly range 1.3325-1.3423, snapback from lows.
GBPUSD has held a 1.3325-1.3423 range all week, with the 200-day EMA near 1.3400 capping every push higher. The last bar snapped back sharply from a dip to 1.3326, recovering to close at 1.3389 as a soft USD tone post-CPI offset the firmer dollar into FOMC. RSI(14) is cycling mid-range and price sits just above EMA20/EMA50.
Support: 1.3325, 1.3306
Resistance: 1.3400, 1.3415, 1.3423
What it said to watch
Hourly close above 1.3415 opens the path toward 1.3475
Failure to hold 1.3325 risks a slide to 1.3300
UK CPI (Jun 17) and next week's FOMC are the dominant catalysts
18:01 UTC
Rolling over, momentum bearish · RSI 36 · price 1.33328
Lower highs into week-support floor.
GBPUSD faded the 1.3400 cap after tagging the week high at 1.34232, with selling accelerating through the NY session yesterday and printing a string of lower highs back into week support near 1.3330. RSI(14) sits in the mid-30s and price holds below both EMA20 and EMA50, leaving the 1.3330-1.3400 range pressured at its floor. The week's down leg has now retraced most of the prior advance off 1.33058.
Support: 1.3330, 1.3300, 1.33058
Resistance: 1.3400, 1.34232
What it said to watch
H1 close below 1.3330 opens 1.3300 then the 1.33058 week low
Reclaim of 1.3400 needed to re-engage the 1.34232 week high
UK April GDP Fri 06:00 GMT could materially shift this read
18:01 UTC
Rolling over from week range top · RSI 34 · price 1.33328
Range, testing the floor after rejection.
Sterling spent the week boxed in 1.3330-1.3423 and faded the post-US-CPI pop at the 200-day EMA (~1.3400) before selling off through the NY session, closing at session lows near 1.3333. Price now sits below both EMA20 and EMA50 with RSI(14) pressing into the mid-30s, and the 1.3330 range floor is being tested. Soft RICS housing added a domestic drag, with the move externally driven by a firmer USD.
Support: 1.3330, 1.33248, 1.33058
Resistance: 1.3400, 1.3415, 1.34232
What it said to watch
H1 close below 1.3330 confirms a range break and opens 1.3300 then 1.3324 area
Reclaim of 1.3400 200d ema and 1.3415 trigger would re-open 1.3475
UK April GDP Fri 06:00 GMT could materially shift this read
Sterling reversed off the week high near 1.3423 and sold through the 1.3333 range floor into the NY session, printing 1.3325 as a hot US PPI (1.1% MoM) revived the USD bid. Price now sits below both EMA20 and EMA50 with RSI pressing toward oversold. The 1.3400 round number capped the rebound earlier in the week and remains the line back to the prior range.
Support: 1.33248, 1.3300
Resistance: 1.3400, 1.34232
What it said to watch
H1 close back above 1.3400 negates the breakdown read
Failure to hold 1.33248 opens 1.3300
UK April GDP (Fri 06:00 GMT) could materially shift this read
Cable faded the week high at 1.34232 set during the NY session yesterday, rejected around the 200-day EMA cap (~1.3400) and a hot US PPI print kept the dollar firm into the close. Price has since broken back below EMA20 (~1.3375) and pressed the lower end of this week's 1.3330–1.3450 range, with RSI(14) sliding under 40. The latest bars printed a clean lower-high sequence into 1.33248 session lows.
Support: 1.33248, 1.33058, 1.3300
Resistance: 1.3375, 1.3400, 1.34232
What it said to watch
UK April GDP (Fri 06:00 GMT) is the next catalyst that could shift this read
Sustained break of 1.33248 session low opens 1.33058 then the 1.3300 psych level
H1 close back above 1.3375 EMA20 would neutralise the downside pressure
16:01 UTC
Uptrend reversing, momentum down · RSI 35 · price 1.33264
Lower highs off week peak, support broken.
Cable rallied into the NY session yesterday to a week high at 1.3423 but was rejected at the 200-day EMA (~1.3400) and has faded steadily since, sliding back under EMA20/EMA50. The drop accelerated late today, breaking the 1.3330 support that had held the week's range and printing session lows at 1.3325 with RSI(14) down near 35. Soft RICS housing (-34% vs -31%) and caution ahead of Friday's UK GDP underpinned the fade.
Support: 1.3300, 1.3240
Resistance: 1.3330, 1.3360, 1.3400
What it said to watch
UK April GDP Fri 06:00 GMT — a deeper miss pressures toward 1.3300 then 1.3240
H1 close back above 1.3330 negates the downside break
Failure to hold 1.3300 confirms continuation of the lower-low sequence
16:01 UTC
Rolling over from range top · RSI 33 · price 1.33264
Range break lower, lower high in place.
Sterling spent the week boxed in 1.3330-1.3420, with the rejection at the 200-day EMA (~1.3400) capping the post-US-CPI pop twice. Into the NY session today price faded hard to session lows, slipping below the 1.3330 range low and closing at 1.33264, now under both EMA20 and EMA50 with RSI(14) dropping toward oversold. The break of the week's range low marks a lower high and shifts the intraday structure lower.
Support: 1.33058, 1.3300
Resistance: 1.3330, 1.3400, 1.3415
What it said to watch
UK April GDP Fri 06:00 GMT could materially shift this read
Loss of 1.33058 week low opens the 1.3300 psych level
Reclaim of 1.3330 range low negates the breakdown
15:01 UTC
Pullback after rejection at 1.3400 · RSI 39 · price 1.33529
Rolled over from week high, below EMA20.
Cable rallied from Monday's 1.3306 base to a 1.3423 week high midweek before stalling under the 1.3400 200-day EMA. The soft core US CPI print briefly lifted price back toward 1.3400, but that move was sold through the NY afternoon and price now trades below EMA20 near 1.3353 with RSI cycling under 45. The 1.3400 ceiling has capped repeatedly, while 1.3339 swing low is the immediate floor.
Support: 1.3339, 1.3300
Resistance: 1.3375, 1.3400, 1.3423
What it said to watch
H1 close above 1.3400 200d ema reopens the 1.3423 week high
Failure to hold 1.3339 swing low exposes the 1.3300 psych level
UK GDP Fri 06:00 UTC and US Michigan sentiment 14:00 UTC could shift this read
15:01 UTC
Rolling over, lower highs · RSI 42 · price 1.33529
Range top rejected, retracing the week's up-move.
Cable pressed the 1.3400 200-day EMA ceiling into the NY session yesterday and was sold back through, printing a string of lower highs and slipping under EMA20/EMA50 toward 1.3353. A soft core US CPI briefly lifted the pair but the move was faded, leaving price near the 61.8% retrace of the 1.3306–1.3423 up-leg. The 1.3330–1.3420 weekly band still holds with momentum cooling.
Support: 1.3330, 1.3300
Resistance: 1.3400, 1.34232
What it said to watch
UK GDP Fri 06:00 UTC (f/c -0.1%) is the next directional trigger
H1 close below 1.3330 confirms a break of the range low, exposing 1.3300
Reclaim of 1.3400 200-day EMA needed to negate the lower-high sequence
14:01 UTC
Range, rolling over from highs · RSI 42 · price 1.33602
Two-way range, capped below 1.3400.
Cable has spent the week boxed in 1.3330–1.3423, repeatedly tagging but failing to clear the 200-DEMA near 1.3400 — three rejections in that zone. Price rolled over from yesterday's 1.34232 week high and now sits at 1.3360, below EMA20, with RSI in the low-40s. The leg down into the NY session has kept it pinned toward the lower half of the range.
Support: 1.3352, 1.3330
Resistance: 1.3400, 1.34232
What it said to watch
UK GDP MoM Fri 06:00 UTC could break the range either way
UoM Consumer Sentiment 14:00 UTC today is near-term USD risk
Sustained H1 close above 1.3400 (200-dema) needed to confirm upside; failure holds the range
Loss of 1.3330 range floor opens 1.3300
14:01 UTC
Range, rolling over from week highs · RSI 43 · price 1.33602
Two-way range, rejected at 200-DEMA ceiling.
Cable spent the week pinned in a 1.3330–1.3420 range, tagging 1.3423 into the NY session before being methodically sold back toward 1.3360. Price reclaimed the 200-DEMA/1.3400 area intraday but failed to hold, closing near lows with RSI(14) easing back into the low-40s. Now trading below EMA20 and EMA50 with the range floor at 1.3330 still untested this week.
Support: 1.33402, 1.3330, 1.33058
Resistance: 1.3400, 1.34232
What it said to watch
UK GDP MoM Fri 06:00 UTC could break the range either direction
UoM sentiment 14:00 UTC today a near-term USD risk
Sustained H1 close above 1.3415 needed to confirm a 200-DEMA break
Failure to hold 1.3340 opens the 1.3300 range floor
13:01 UTC
Range, drifting lower · RSI 41 · price 1.33502
Range-bound below 200-DEMA ceiling.
Cable spiked to 1.3423 into the NY session yesterday after the soft US core CPI print, but the 200-DEMA/1.3400 ceiling capped it and price was methodically sold back below EMA(20) and EMA(50). The 1.3330–1.3420 range that has held all week is intact, with the last bar closing near 1.3350 after a sharp dip to 1.3340 — sitting on the 61.8% retrace of this week's 1.3306–1.3423 advance. RSI(14) has rolled into the lower half, reflecting the loss of upside momentum.
Support: 1.3330, 1.3300
Resistance: 1.3400, 1.3423
What it said to watch
Sustained H1 close above 1.3400 needed to confirm a break of the 200-DEMA ceiling
H1 close below 1.3330 range low opens 1.3300 then 1.3240
US PPI / jobless claims (12:30 GMT) and UK GDP (Fri 06:00 UTC) could shift this read
13:01 UTC
Range, rolling over near lows · RSI 41 · price 1.33502
Two-way range, lower highs into support.
Cable has oscillated 1.3330–1.3415 all week, tagging but failing to clear the 200-DEMA near 1.3400 on each attempt before being methodically sold back. The latest NY-session leg pushed price under EMA20 and EMA50 with RSI(14) cycling down to ~40, closing near session lows after the week high at 1.3423 was rejected. In-line US CPI yesterday kept the dollar firm, leaving sterling pinned in the lower half of the range.
Support: 1.3330, 1.3300
Resistance: 1.3400, 1.3415, 1.3423
What it said to watch
H1 close above 1.3415 needed to confirm an upside break of the range top
Failure to hold 1.3330 opens the path toward 1.3300
UK GDP Fri 06:00 UTC could materially shift this read
12:01 UTC
Uptrend stalling, pulling back · RSI 44 · price 1.33646
Midweek range, rejection at 200-dema.
Cable tagged the week high at 1.3423 in the NY session yesterday but was methodically sold back below EMA20, with the 200-dema near 1.3400 capping every attempt this week. Price now sits at 1.3365, roughly the 50% retrace of the Tuesday-Thursday impulse off 1.3306, and below both EMAs. RSI(14) has cooled into the mid-40s as the pullback extends.
Support: 1.3330, 1.3306
Resistance: 1.3380, 1.3400, 1.3423
What it said to watch
Sustained H1 close above 1.3415 needed to confirm a break of the 200-dema ceiling
Failure to hold 1.3330 opens 1.3306 then 1.3300
UK GDP Fri 06:00 UTC and US PPI today 12:30 UTC could materially shift this read
12:01 UTC
Sideways, range-bound this week · RSI 43 · price 1.33646
Range between 1.3330 and 1.3415.
Cable has churned in a 1.3330–1.3415 range all week, repeatedly tagging the 200-DEMA near 1.3400 and being sold back, with Tuesday's NY push to 1.3423 rejected and price closing back inside. Price now sits below both EMA20 and EMA50 around 1.3365 after a steady NY-session fade, RSI(14) at 42 reflecting the soft tone. The hot US CPI yesterday kept the dollar firm while UK growth worries cap rallies into Friday's GDP.
Support: 1.3355, 1.3330, 1.3306
Resistance: 1.3400, 1.3423
What it said to watch
Friday 06:00 UTC UK GDP print could break the weekly range
Hourly close above 1.3415 needed to confirm a 200-DEMA break toward 1.3475
Cable has held a 1.3330–1.3425 band since Monday, with the 200-DMA near 1.3400 capping two attempts higher this week. Price faded from yesterday's 1.3423 session high after US CPI matched estimates and kept the dollar bid, slipping back below EMA20/EMA50 toward the range mid. RSI(14) cooled into the low-40s as the rally into 1.3423 made a higher high on weaker momentum.
Support: 1.3330, 1.3306
Resistance: 1.3400, 1.3423
What it said to watch
H1 close above 1.3415 invalidates the range cap and opens 1.3475
Failure to hold 1.3330 confirms a lower low toward 1.3300
UK GDP Fri 06:00 UTC could materially shift this read
Cable has carved a 1.3330–1.3425 range all week, with the 1.3400/200-DMA ceiling rejecting two pushes since yesterday's NY session — the latest into Wednesday's 1.34232 spike that faded back to session lows after US CPI landed in line. Price now sits below both EMA(20) and EMA(50) with RSI(14) at 38 after slipping from the highs, leaving demand to be tested at the 1.3350 swing low. The 200-DMA cap remains the dominant structural feature on this timeframe.
Support: 1.3350, 1.3330, 1.3306
Resistance: 1.3400, 1.3423, 1.33915
What it said to watch
H1 close above 1.3415 invalidates the range cap and opens 1.3475
Failure to hold 1.3350 exposes 1.3330 then the 1.3306 week low
UK GDP Fri 06:00 UTC and US PPI ~2h away could materially shift this read
10:01 UTC
Range-bound, capped under 1.3400 · RSI 44 · price 1.33677
Rotating inside 1.3350-1.3423, lower highs since Wed peak.
Cable spent the week boxed in 1.3350-1.3423, with the post-CPI pop to 1.3423 yesterday methodically sold back below the 200-EMA pivot at 1.3400. Price now sits near the 50% retrace of the Tue-Wed recovery, slipping under both EMAs with RSI(14) easing to the mid-40s. The 1.3400 round number remains the repeated rejection point that has capped every NY-session attempt this week.
Support: 1.3350, 1.3306
Resistance: 1.3400, 1.3423
What it said to watch
Sustained H1 close above 1.3415 needed to negate the range and reopen 1.3423
Failure to hold 1.3350 exposes 1.3306 week low
UK GDP Fri 06:00 UTC could materially shift this read on a contraction print
10:01 UTC
Range-bound, capped under 1.3400 · RSI 44 · price 1.33677
Boxed in 1.3350-1.3420 range.
Cable remains boxed in this week's 1.3350-1.3420 range, with the 200-EMA/1.3400 round number capping every attempt — yesterday's NY pop to 1.3423 was methodically sold back. Price now sits below EMA20 and EMA50 after fading into the Asia session, RSI(14) mid-40s reflecting the lack of directional follow-through. Soft US core CPI gave a brief lift but the move was absorbed back under 1.3400.
Support: 1.3355, 1.3330, 1.3306
Resistance: 1.3400, 1.34232
What it said to watch
Sustained H1 close above 1.3415 needed to negate the range and open 1.3475
Break below 1.3350 exposes 1.3300 then the 1.3306 week low
UK GDP Fri 06:00 UTC (f/c -0.1%) is the dominant risk to this range read
09:01 UTC
Rangebound, capped at 1.3400 · RSI 44 · price 1.33623
Range 1.3300-1.3423, fading off the top.
Cable has been boxed in 1.3300-1.3423 all week, with the 200-day EMA near 1.3400 capping every attempt — Wednesday's soft US core CPI sparked a brief pop above it that was methodically sold back. Price has since rolled over below EMA20 and EMA50 into the NY session, now drifting toward the range midpoint with RSI near 44. The 1.3392 session high marked the latest rejection ahead of 1.3400.
Support: 1.3355, 1.3300
Resistance: 1.3392, 1.3400, 1.3423
What it said to watch
UK GDP Fri 06:00 UTC (f/c -0.1%) is the next catalyst for this range
Hourly close above 1.3415 flips the technical read toward 1.3475
Loss of 1.3300 opens 1.3240
09:01 UTC
Rangebound, capped near 1.3400 · RSI 43 · price 1.33623
Range, lower high after rejection.
Cable has held the 1.3350-1.3420 range all week, with the 200-day EMA near 1.3400 repeatedly capping rallies; yesterday's NY push to a 1.3423 week high was methodically sold back. Price now sits below EMA20 and EMA50 after sliding off 1.3391, with RSI cycling in the lower half. The move down from the week high traces the dominant impulse, leaving 1.3355 as the immediate floor to monitor.
Support: 1.3355, 1.3306
Resistance: 1.3400, 1.3423
What it said to watch
UK GDP Fri 06:00 UTC could materially shift this read
Hourly close above 1.3400 (200d ema) flips the range read, opening 1.3423
Loss of 1.3355 swing low exposes 1.3306 week low
08:02 UTC
Ranging after early-week decline · RSI 49 · price 1.33802
Range, repeated rejection at 1.3400.
Cable opened the week near 1.3455 and was sold methodically through London and NY into the 1.3306 wk low by mid-week, then ground back into a 1.3350-1.3450 range. The 1.3400 area — the 200-day EMA — has capped every recovery attempt, with the latest push into NY hours rejected again under 1.3415. RSI(14) is cycling around the midline as price hugs EMA20, with no momentum extension either way.
Support: 1.3350, 1.3306, 1.3300
Resistance: 1.3400, 1.3415, 1.3450
What it said to watch
H1 close above 1.3415 invalidates the range-cap read and opens 1.3450
Failure to hold 1.3306 confirms a lower-low toward 1.3300
UK GDP MoM Fri 06:00 UTC could materially shift this read
08:01 UTC
Range, capped at the figure · RSI 49 · price 1.33802
1.3355-1.3415 range, rejection at 1.3400.
Cable spiked to 1.3423 during Wednesday's NY session on the soft US core CPI miss but the move was methodically sold back to ~1.3380 — a clean rejection at the 1.3400 figure and the 200-day EMA region. Price now sits right on the H1 EM(20) with RSI(14) hovering near 49, and the 1.3355-1.3415 band has framed price since. Lower highs have built since the 1.3423 peak, keeping the range top in focus.
Support: 1.3355, 1.3330
Resistance: 1.3400, 1.3423
What it said to watch
UK GDP MoM Fri 06:00 UTC could materially shift this read
H1 close above 1.3415 invalidates the range-top rejection
Failure to hold 1.3355 opens the path back toward 1.3300
07:01 UTC
Rangebound, no clear trend · RSI 48 · price 1.33791
Range 1.3300-1.3423 capped below 200-day EMA.
Cable sliced below the 200-day EMA (~1.3400) early in the window and has since traded a 1.3300-1.3423 range, with that figure repeatedly capping advances. The recovery into NY hours yesterday stalled at the 1.3423 week high before fading back toward the EMA cluster; price now sits just under EMA20 with RSI mid-range. US CPI matching estimates kept the dollar firm, leaving sterling defensive into the figure.
Support: 1.3355, 1.3300
Resistance: 1.3400, 1.3423
What it said to watch
Hourly close above 1.3415 invalidates the range-cap read and opens 1.3475
Loss of 1.3300 pivot exposes 1.3240
US PPI today 12:30 UTC could shift the USD leg
UK GDP Fri 06:00 UTC is the near-term swing for the pair
07:01 UTC
Rangebound below 200d ema · RSI 48 · price 1.33791
Range, capped near 1.3420.
Cable has chopped within roughly 1.3300-1.3423 all week, sliding from Monday's open before clawing back as a soft US core CPI print capped the dollar. The 1.3415 area (200-day EMA) rejected the latest NY push to 1.3423, and price has since drifted back to the EMA20 around 1.3380 with RSI(14) hovering near 48. Demand has repeatedly stepped in around 1.3355 while supply caps the 1.34 figure.
Support: 1.3355, 1.3306, 1.3300
Resistance: 1.3415, 1.3423
What it said to watch
H1 close above 1.3415 invalidates the range-top read and opens 1.3475
Loss of 1.3355 then 1.3300 pivot exposes the lower band toward 1.3240
UK GDP Fri 06:00 UTC (f/c -0.1%) is the near-term swing risk for this range
06:01 UTC
Range-bound, no clear trend · RSI 48 · price 1.33798
Chopping mid-range below 200d cap.
Cable remains pinned inside its 1.3300-1.3450 weekly band, with the NY session push to 1.34232 on Tuesday fading back beneath the 1.3410 200-day cap. Price has since coiled around the EMA(20) near 1.3380 with RSI(14) drifting at neutral, no momentum either way after US CPI matched estimates and left the USD firm. The 1.3355 swing low and 1.3300 range floor underpin while supply at 1.3410 caps each rebound.
Support: 1.3355, 1.3300
Resistance: 1.3410, 1.3450
What it said to watch
H1 close above 1.3415 invalidates the 200d cap read, opening 1.3450
Loss of 1.3300 confirms a lower-low and exposes 1.3240
US PPI/claims at 12:30 UTC today and UK GDP Fri 06:00 UTC could shift this range read
06:01 UTC
Range-bound, no clear bias · RSI 47 · price 1.33798
Chopping mid-range below 200d cap.
Cable has chopped in a 1.3300-1.3450 band all week, with the recovery off Monday's 1.3306 low stalling repeatedly into the 1.3410-1.3415 200-day cap. After tagging 1.3423 in the NY session, price has eased back to the EMA20 near 1.3380 with RSI(14) flat around the 47 midline. Tone here is two-way — the move has been driven by USD swings after a CPI print that hit a 3-year high but matched estimates.
Support: 1.3355, 1.3330, 1.33058
Resistance: 1.3410, 1.34232, 1.3450
What it said to watch
UK GDP MoM Fri 06:00 UTC could materially shift this read
US PPI 12:30 UTC could move USD and break the range
Repeated rejection at 1.3410 vs a clean H1 close above opens 1.3450
Cable sliced from 1.3470 toward 1.3330 in Monday's session, then spent the week chopping in a 1.3330-1.3420 band capped by the 200-day region near 1.3410, where two recovery attempts have rolled over. Price now sits just below EMA(20) around 1.3378 in mid-range with RSI(14) near 46. The in-line US CPI print yesterday produced only a brief lift before supply re-capped near 1.3420.
Support: 1.3355, 1.3306, 1.3240
Resistance: 1.3385, 1.3410, 1.3423
What it said to watch
UK GDP MoM Fri 06:00 UTC could materially shift this read
H1 close above 1.3420 opens the path to 1.3450
Loss of 1.3306 pivot exposes 1.3240
05:01 UTC
Range, capped at 200-day ema · RSI 47 · price 1.33782
Choppy range within 1.3355-1.3423, lower highs forming.
Cable has chopped inside the 1.3300-1.3450 band all week, with the 1.3410-1.3415 200-day EMA cap rejecting the push to 1.3423 during NY hours yesterday. Price drifted back under EMA20 and is now coiling near 1.3378 after the in-line US CPI print failed to break the broad USD bid. RSI(14) is mid-range near 47 with no momentum extension in either direction.
Support: 1.3355, 1.3300
Resistance: 1.3415, 1.3423
What it said to watch
H1 close above 1.3415 challenges the range top toward 1.3450
Loss of 1.3355 opens the 1.3300 range pivot
UK GDP MoM Fri 06:00 UTC could materially shift this range read
04:01 UTC
Ranging, capped under 200-day EMA · RSI 46 · price 1.33782
1.3300-1.3450 range, mid-week high faded.
Cable is chopping in a 1.3300-1.3450 band, with the mid-week push to 1.3423 rejected at the 200-day EMA/1.3415 cap before the pullback to 1.3378. The recovery off Tuesday's 1.3306 low has stalled around the 38.2% retracement, and price is hugging both EMAs after the in-line US CPI print left the USD broadly bid. RSI(14) near 46 reflects the loss of upside momentum on this leg.
Support: 1.3355, 1.3306, 1.3300
Resistance: 1.3415, 1.3423
What it said to watch
UK GDP MoM Fri 06:00 UTC could materially shift this read
H1 close above 1.3415 opens the path to 1.3450/1.3475
Loss of 1.3355 exposes the 1.3306 week low then 1.3300 pivot
Cable rebounded off Monday's 1.3306 low into a 1.3423 high during yesterday's NY session before fading back under the 200-day EMA at 1.3410-1.3415, which has capped every attempt this week. Price now sits near 1.3378, hugging the H1 EMA20/50 cluster with RSI(14) drifting around 46 after the in-line US CPI kept the dollar broadly bid. The 1.3300-1.3450 band that has framed the week remains intact, with a lower high left behind beneath the 200-day cap.
Support: 1.33549, 1.33058, 1.3300
Resistance: 1.3413, 1.34232
What it said to watch
H1 close above 1.3415 (200d ema) would revive the upside and open 1.3450
Loss of 1.3355 swing low exposes the 1.3300 range floor
UK GDP MoM Fri 06:00 UTC could materially shift this read
03:01 UTC
Range, no clear momentum · RSI 49 · price 1.33797
Consolidation below 200-DEMA cap.
Cable has been pinned in a 1.3300–1.3415 range since sliding below the 200-DEMA late last week, with the 1.3423 tag this week rejected at that cap. Price now sits on the EMA20 around 1.3380, holding above the EMA50 while RSI(14) cycles neutral near 49. The in-line US CPI gave only a brief soft-USD lift that faded, leaving the pair range-bound into Friday's UK GDP.
Support: 1.33549, 1.3330, 1.33058
Resistance: 1.3400, 1.3415, 1.34232
What it said to watch
UK GDP Fri 06:00 UTC could materially shift this read
H1 close above 1.3415 opens the path to 1.3475
Loss of 1.3300 pivot exposes 1.3240
03:01 UTC
Range, no clear momentum · RSI 48 · price 1.33797
Consolidation below 200-dema.
Cable has chopped inside roughly 1.3355–1.3415 all week, repeatedly rejected at the 200-DEMA near 1.3410 — Wednesday's NY push tagged 1.3423 before fading back under 1.3400. A blowout BRC retail print earlier gave only a brief lift that the soft-but-in-line US CPI failed to extend, leaving price pinned to EMA20 with RSI(14) cycling around 50.
Support: 1.3355, 1.3306, 1.3300
Resistance: 1.3410, 1.3423, 1.3475
What it said to watch
UK GDP Fri 06:00 UTC could break the 1.3355–1.3415 range
Hourly close above 1.3415 opens the path to 1.3475
Cable has chopped in a 1.3300–1.3415 band all week after the early-week flush from 1.3483 to 1.3306, with the 200-DEMA near 1.3415 capping the recovery attempt at 1.3423. Yesterday's in-line US CPI with a softer core gave a brief USD slip that faded, leaving price hovering at the EMA(20)/EMA(50) cluster around 1.3385 with RSI(14) flat near 51. The week high at 1.3423 and the 1.3300 pivot remain the bounds.
Support: 1.3350, 1.3300, 1.3240
Resistance: 1.3415, 1.3423
What it said to watch
UK GDP MoM Fri 06:00 UTC could materially shift this read
H1 close above 1.3415 200-DEMA opens path to 1.3475
Cable has consolidated in the 1.3300–1.3415 band all week after being rejected at the 200-DEMA cap near 1.3415. Price reclaimed EMA(20) into the latest session, recovering off the 1.3355 swing low, with RSI(14) cycling mid-range around 54. The earlier slide from 1.3483 set the dominant move; recent action is a shallow grind higher within it.
Support: 1.3355, 1.3300
Resistance: 1.3415, 1.3400
What it said to watch
Clean H1 close above 1.3415 opens the path toward 1.3475
Loss of 1.3300 pivot exposes 1.3240
UK GDP Fri 06:00 UTC and US PPI today could break the range
Cable was rejected at the 200-day EMA near 1.3415 mid-week and has faded back to the 50% retrace of the 1.3306–1.3423 recovery, now trading sub-EMA20. US CPI landed in line yesterday and RSI(14) has slipped back below 50, with lower highs forming since the week's peak into the NY close. The 1.3300–1.3415 range still frames the price action.
Support: 1.3350, 1.3300
Resistance: 1.3415, 1.3423, 1.3388
What it said to watch
UK GDP Fri 06:00 UTC could break the 1.3300–1.3415 range
US PPI today 12:30 UTC a near-term risk to this read
H1 close below 1.3350 exposes the 1.3300 pivot
Reclaim of 1.3415 needed to open 1.3475
01:01 UTC
Range, recent pullback from cap · RSI 44 · price 1.33696
Range-bound 1.3300–1.3415, fading off the top.
Cable was rejected at the 200-DEMA/1.3415 cap into the NY session and has bled back toward the lower half of this week's 1.3300–1.3415 range, slipping below both H1 EMA(20) and EMA(50). The BRC retail beat earlier gave only a brief lift that faded against a firm USD post-CPI. Price now sits just above the 1.3350 swing low with RSI(14) softening through the mid-40s.
Support: 1.3350, 1.3306, 1.3300
Resistance: 1.3400, 1.3415, 1.3423
What it said to watch
H1 close above 1.3415 (200-dema) opens the path to 1.3475
Loss of 1.3300 pivot exposes 1.3306 week low and 1.3240 below
UK GDP Fri 06:00 UTC could materially shift this read
00:01 UTC
Range, drifting lower · RSI 41 · price 1.33524
Lower high under 1.3410 ceiling, leaking toward week low.
Cable was rejected at the 200-EMA ceiling near 1.3410 during yesterday's NY session and has leaked back under the figure, now trading below the EMA20 with RSI(14) sliding toward 40. The week's recovery off 1.33058 has stalled beneath the 1.3423 session high, leaving price drifting toward the 1.3332 week low. In-line US CPI capped the dollar but failed to extend Sterling through the ceiling.
Support: 1.3332, 1.3300
Resistance: 1.3385, 1.3410, 1.3423
What it said to watch
H1 close above the 1.3410 200-EMA opens the path to 1.3475
Failure to hold the 1.3332 week low exposes the 1.3300 pivot
US PPI at 12:30 UTC could materially shift the USD leg
00:01 UTC
Range, leaking lower · RSI 39 · price 1.33524
Consolidation under 1.3420 ceiling, drifting toward week lows.
Cable spiked to 1.3483 at Monday's open then sliced lower as a firm USD, propped by an in-line May CPI print, set the tone; the pair has since coiled in a 1.3330-1.3420 range. Two attempts at the 200-EMA near 1.3420 were rejected through the NY sessions, and price is now leaking back toward range support around 1.3332 with RSI near 39 and price below both EMA20 and EMA50.
Support: 1.3332, 1.3306, 1.3300
Resistance: 1.3386, 1.3420, 1.3475
What it said to watch
US PPI at 12:30 UTC today is the dominant USD catalyst for the next bars
H1 close below 1.3332 confirms a lower-low and exposes the 1.3306 week low
Reclaiming 1.3420 would challenge the 1.3475 prior high