Cable gapped lower into thin early-Asia trade and swept the session low at 1.33689 before recovering to 1.33799, roughly a 58% retrace of that drop. Price sits below EMA20/EMA50 with RSI(14) mid-range; USD found a modest late bounce as the war premium unwound ahead of US CPI.
Support: 1.33689, 1.3360
Resistance: 1.33878
What it said to watch
Reclaim of 1.33878 gap area would repair the early-session break
Failure to hold 1.33689 opens the 1.3360 support ladder
US CPI (Tue 12:30 UTC) and Bailey later could reset this intraday read
23:46 UTC
Downshift at week open, recovering off lows · RSI 43 · price 1.33799
Gap down then sweep of lows, bounce underway.
Thin Sunday/Asia-open trade gapped lower and swept the session low at 1.33689 before recovering to 1.33799. Price sits below EMA20/50 with RSI(14) mid-40s; the drop from the 1.33862 gap open is being partially retraced.
Support: 1.33689, 1.3374
Resistance: 1.33862
What it said to watch
Reclaim of 1.33862 gap open would neutralise the open-drop read
Failure to hold 1.33689 confirms a lower low
Liquidity is thin at the week open — moves may not sustain until London
Thin early-Asia Monday open gapped down roughly 80 pips from Friday's 1.3396 close, then spiked to 1.33689 before buyers recovered price to 1.3379 — consistent with a soft USD tape and cable pinned below the 1.3445 ceiling. Now grinding sideways around 1.3376 in low liquidity, RSI subdued near 37, price under both EMAs.
Support: 1.33689, 1.33712
Resistance: 1.33792, 1.33875, 1.33957
What it said to watch
Loss of 1.33689 session low reopens downside in thin liquidity
Reclaim of 1.33875 pre-drop area targets the 1.33957 gap fill
Thin holiday-open liquidity can exaggerate moves until London arrives
23:31 UTC
Gap lower at week open, recovering · RSI 40 · price 1.33764
Weekend gap down, low swept then bid.
Cable opened the week with a gap lower and a quick sweep of 1.33689 on thin Asia liquidity, then bounced back toward 1.3378. Price is holding above the session low but capped by the 1.33792 session high and the 1.33878 gap open; RSI(14) recovering off its low near 39.
Support: 1.33689, 1.3374
Resistance: 1.33792, 1.33878, 1.33957
What it said to watch
Reclaim of 1.33878 gap open would target the 1.33957 Friday close
Loss of 1.33689 session low confirms fresh downside extension
US CPI (Tue 12:30 UTC) and BoE Bailey (Tue 20:00 UTC) could materially shift this read
23:16 UTC
Downtrend, stabilising near lows · RSI 39 · price 1.33752
Cable gapped lower into the fresh week's Asian open and spiked down to 1.33689 before reclaiming into a tight 1.3372-1.3379 hold on thin volume. Price remains well below the 1.33878 gap open, capped under the session high, with the broader move down from 1.3451 still intact.
Support: 1.33689, 1.3372
Resistance: 1.3379, 1.33878, 1.33957
What it said to watch
Reclaim of 1.33878 gap open would negate the gap-down read
Failure to hold 1.33689 confirms a lower low
High-impact BoE Bailey speech (Tue 20:00 UTC) and US CPI could materially shift this read
23:16 UTC
Downtrend, weekend gap lower · RSI 38 · price 1.33752
Gap down, low swept then partial recovery.
Cable opened the week with a gap lower and an immediate sweep of 1.33689 before buyers reclaimed 1.3375, the USD firming on renewed US-Iran headlines. Price now consolidating in a thin Asian tape between 1.33689 and the 1.33878 gap high, RSI(14) mid-30s.
Support: 1.33689, 1.3360
Resistance: 1.3379, 1.33878
What it said to watch
Reclaim of 1.33878 gap high fills the weekend gap and neutralises the down read
Failure to hold 1.33689 opens the 1.3360 support
US CPI (Tue 12:30 UTC) is the dominant upcoming risk for this tape
Sunday Asia reopened with a gap lower and quickly swept to 1.33689 before recovering to hold near 1.3374, price sitting below both EMAs after Friday's slide off 1.3445. USD found a modest safe-haven bid on renewed US-Iran headlines, and liquidity is very thin — ATR just ~6 pips.
Support: 1.33689, 1.3350
Resistance: 1.33878, 1.33957
What it said to watch
Reclaim of 1.33878 gap-open would fill the weekend gap
Failure to hold 1.33689 opens 1.3350 psych level
US CPI Tue 12:30 UTC could materially shift this read
Sunday reopen gapped down from Friday's 1.3396 close and immediately flushed to 1.33689 before a bounce to 1.3379. Price now drifting at 1.33740, holding below the gap-open zone with RSI(14) subdued near 35.
Support: 1.33689
Resistance: 1.3379, 1.33862, 1.33878
What it said to watch
Break below 1.33689 confirms continuation of the reopen sell-off
Reclaim of 1.3379 puts the 1.33862 gap-open zone back in play
BoE Bailey (Tue 20:00 UTC) is the key event that can reset this read
Sunday reopen gapped lower from Friday's close and flushed to a session low of 1.33689 before buyers stepped in, lifting price back to 1.33750. Volume is minimal (single-digit to low-hundreds), so the move is thin-liquidity driven; the sun open at 1.33878 and session high near 1.33790 cap the recovery for now.
Support: 1.33689, 1.3360
Resistance: 1.3379, 1.33878
What it said to watch
Reclaim of 1.33790 session high, then 1.33878 sun open, would close the weekend gap
Failure to hold 1.33689 session low opens 1.33600
BoE Bailey (Tue 20:00 UTC) and US CPI ahead can materially shift this read
Weekly gap lower, sweep of session low then bounce.
Cable opened the week with a gap lower and slid to sweep 1.33689 in early Asia before recovering to 1.33751. RSI(14) near 36 and ATR thin at ~4 pips; the weekly open at 1.33878 caps the bounce with the 200-day pivot at 1.3400 above.
Support: 1.33689, 1.3360
Resistance: 1.3379, 1.33878, 1.3400
What it said to watch
Reclaim of the weekly open 1.33878 needed to neutralise the gap-down read
Loss of session low 1.33689 exposes 1.3360 ctx support
BoE Bailey (Tue 20:00 UTC) is the key risk into this week
GBPUSD opened the new week with a gap lower and quickly swept the session low at 1.33690 before buyers stepped back in toward 1.33790. USD stayed firm on renewed US-Iran headlines; RSI(14) lifting off oversold as the pre-drop 1.33870 shelf now caps.
Support: 1.3369
Resistance: 1.3387
What it said to watch
Reclaim of 1.33870 would neutralise the gap-down read
Failure to hold 1.33690 opens fresh lows
Thin Asia liquidity post-weekend can exaggerate moves
22:31 UTC
Downtick off weekly-open gap · RSI 40 · price 1.33789
Gap down, low swept then reclaimed.
Weekly open gapped down from Friday's 1.3396 close on thin liquidity, then a sharp bar swept the low at 1.33689 before price recovered to 1.33789. USD is soft at three-week lows but the gap edge at 1.33878 caps the bounce; RSI(14) mid-range with no momentum extreme.
Support: 1.33689
Resistance: 1.33878, 1.33957
What it said to watch
Reclaim of 1.33878 gap edge would close the weekend gap toward 1.33957
Failure to hold 1.33689 confirms a lower-low
BoE Bailey and US CPI Tue could materially shift this read
22:17 UTC
Downtrend, gap-down open · RSI 31 · price 1.33715
Fresh lower low after weekend gap.
Week opened with a gap down through Friday's 1.33957 prior close, price sliding to a session low of 1.33689 as USD firmed on renewed US-Iran fears. RSI(14) near 31 in thin Asian liquidity; the 1.33862 gap zone now caps.
Support: 1.33689, 1.3350
Resistance: 1.33862, 1.33957, 1.3400
What it said to watch
Reclaim of 1.33862 gap zone would negate the gap-down continuation
Break below 1.33689 session low extends the lower-low, next round 1.33500
US CPI Tue 12:30 UTC and BoE Bailey Tue 20:00 UTC could materially shift this read; 1.34000 psych remains the upper pivot
22:16 UTC
Downtrend, week-open gap lower · RSI 33 · price 1.33715
Gap down through prior support, fresh lows.
Cable opened the week with a gap lower into thin Asia liquidity, then slid sharply through the 1.3390 area to a fresh low at 1.33689 as the USD firmed. Price now sits below EMA20/50 with RSI(14) near 33; the gap fill toward 1.3390 caps immediate upside.
Support: 1.33689, 1.3360, 1.3300
Resistance: 1.3390
What it said to watch
Reclaim of 1.3390 gap fill would negate the week-open breakdown
Failure to hold 1.33689 confirms downside continuation toward 1.3360
BoE Bailey (Tue 20:00 UTC) and US CPI (Tue 12:30 UTC) could materially shift this read
22:02 UTC
Downtrend, gap lower at open · RSI 33 · price 1.33831
Lower highs into weekly-open gap down.
Weekly open gapped lower to 1.3387, extending Friday's slide off 1.3450 as the USD firmed on renewed US-Iran risk. Price grinding to a fresh low at 1.3383 on thin open-of-week liquidity, with Friday's 1.3396 close now the gap-fill resistance overhead.
Support: 1.33831, 1.3380
Resistance: 1.33957, 1.3400
What it said to watch
Reclaim of 1.3396 fills the weekend gap and neutralises the down leg
Break below 1.3380 psych extends the lower-low sequence
New-week open gapped down through Friday's 1.3395 base and is drifting lower on wafer-thin volume, price now pinning the session low at 1.3383. Move sits below EMA20/50 with ATR barely 3 pips — no real range established yet this early in the Asia hours.
Support: 1.33831, 1.3380
Resistance: 1.3396
What it said to watch
Reclaim of 1.3396 fills the gap and negates the lower open
Failure to hold 1.3380 extends the leg lower
BoE Bailey (Tue 20:00 UTC) is the key event risk for cable this week
Thin Sunday-open bars gapped down from Friday's 1.3396 close to 1.3387, extending the fade off the 1.3452 high along descending highs. Price sits below EMA20/50 with RSI(14) subdued near 40; liquidity is minimal so this is a gap read, not a confirmed break.
Support: 1.3385, 1.3360
Resistance: 1.3395, 1.3400, 1.3445
What it said to watch
Reclaim of the 1.3400 200-day EMA pivot would repair the Friday breakdown
Gap lower off Friday's decline, lower highs intact.
Week opened with a small gap lower to 1.3386 on thin liquidity, extending Friday's slide from 1.3450 down through 1.3400. Price sits pinned at the session low with the pre-gap 1.3395 level now capping.
Support: 1.33862, 1.3380
Resistance: 1.33957, 1.3400, 1.34368
What it said to watch
Reclaim of 1.3395 would repair the gap and neutralise the downside read
US CPI Tue 12:30 UTC and BoE Bailey Tue 20:00 UTC could materially shift this read
Sustained trade below 1.3386 confirms a fresh lower low
Cable trended down through the prior session from the 1.3451 high, printing a chain of lower highs into 1.3392. The new session reopened lower at 1.33875 on thin volume, gapping below the prior low and sitting under the 1.3400 round number; RSI(14) mid-40s with no momentum extreme.
Support: 1.3360, 1.3300
Resistance: 1.3392, 1.3400, 1.3445
What it said to watch
M15 reclaim of the 1.3400 round number would negate the session breakdown
Failure to recover the 1.3392 prior low keeps the lower-high sequence intact
Support ladder 1.3360 is the next reference on continued USD strength
BoE Bailey (Tue 20:00 UTC) is the next major catalyst for cable
21:31 UTC
Downtrend, gapped lower on thin open · RSI 39 · price 1.33875
Lower highs off 1.3450; weekend gap below Friday range.
Cable gapped lower to 1.3388 on the thin Sunday open after Friday's slide from 1.3450 as the USD found a bid ahead of US CPI. Price sits pinned just under the 1.3400 round level on negligible volume; the descending chain of lower highs off 1.3451 remains intact.
Support: 1.3387, 1.3360
Resistance: 1.3400, 1.3445
What it said to watch
A reclaim of 1.3400 would neutralise the gap-down read
Sustained trade below 1.3387 opens the 1.3360 support
Thin Sunday liquidity — first real prints on the London open set the tone
BoE Bailey (Tue 20:00 UTC) could materially shift this read
21:16 UTC
Intraday downtrend, thin open · RSI 41 · price 1.33872
Lower highs off 1.3450, gap-down weekly open.
Cable ground lower through the last active session from the 1.3450 high into the 1.3390s, printing lower highs. The new week opened with a small gap down to 1.3387 on thin Sunday liquidity, keeping price below both EMAs with RSI(14) near 41.
Support: 1.3386, 1.3360
Resistance: 1.33957, 1.3400, 1.34229
What it said to watch
Reclaim of the 1.3400 200d pivot would neutralise the intraday downtrend
Failure to hold 1.3386 opens the 1.3360 swing low
BoE Bailey (Tue 20:00 UTC) and US CPI (Tue 12:30 UTC) could materially reset this read
21:16 UTC
Downtrend, quiet open · RSI 39 · price 1.33872
Lower highs, weekly gap down.
GBPUSD gapped lower into the new week, opening near 1.3387 versus Friday's 1.3396 close on very thin volume, extending the late-Friday slide off the 1.3450 area. Price sits below EMA20/50 with RSI mid-30s; no fresh structure until liquidity returns.
Support: 1.33871, 1.3360
Resistance: 1.33957, 1.3400, 1.3421
What it said to watch
Reclaim of 1.33957 fills the weekly gap and neutralises the lower-high sequence
Failure to hold 1.33871 opens the 1.3360 support
BoE Bailey (Tue) and US CPI (Tue) are the near-term drivers for this pair
Cable trended lower through the US session from the 1.3451 high to 1.3392, USD firmer on renewed US-Iran risk ahead of CPI. Price now consolidating in a tight 1.3394-1.3400 band, holding the 1.3392 low twice with RSI(14) recovering into the mid-40s.
Support: 1.3392, 1.3360
Resistance: 1.3400, 1.3421
What it said to watch
Close below 1.3392 session low confirms a fresh lower low
Reclaim of the 1.3400 round number needed to challenge the 1.3421 swing high
BoE Bailey (Tue 20:00 UTC) could materially shift this read
Cable ground lower through the NY session off the 1.3452 high, shedding ~50 pips before stalling around 1.3396 into late US hours. Two touches at 1.3392 held, and RSI(14) near 43 reflects a flattening, not extended, move; price sits just under the 1.3400 psych level and EMA20.
Support: 1.33918, 1.3360
Resistance: 1.3400, 1.3410, 1.34364
What it said to watch
Break of 1.33918 confirms a fresh lower low
M15 close back above 1.3410 neutralises the downtrend read
BoE Bailey (Tue 20:00 UTC) and US CPI (Tue 12:30 UTC) could reset this read