Higher lows from the Asian range through NY; tight band under the day high.
Cable broke above the 1.3204–1.3230 Asian range in London and printed higher lows through NY. The softer USD after Williams' comments carried it to a 1.3259 day high. Since then it has compressed in a 1.3250–1.3257 band into early Asia, with a thin rollover spike to 1.3242 recovered at once and the 1.3238 NY low sitting on the 38.2% of the Asia low to day high fib.
Support: 1.32504, 1.32424, 1.32382
Resistance: 1.3259, 1.3300
What it said to watch
M15 close below the 1.3250 range floor exposes the 1.3242 spike low and the 1.3238 NY low / 38.2% fib
Close above the 1.3259 day high opens the 1.3300 range top
BoE Pill at 06:00 UTC and US CPI at 12:30 UTC (core f/c 0.2% MoM) could materially shift this read
HH/HL from Asian range, now tight post-rollover consolidation.
London lifted cable out of the 1.3204–1.3230 Asian range in a HH/HL chain to a 1.3259 session high, with USD softer after Williams ruled out a 2027 hike. The NY low at 1.3238 held at the 38.2% fib. Since rollover the pair has compressed just above the 1.3250 round number, RSI(14) neutral near 52, and the 1.3242 rollover low was a thin-liquidity spike that reversed within a bar.
Support: 1.3250, 1.32424, 1.32382
Resistance: 1.3259, 1.3300
What it said to watch
M15 close below the 1.3250 round number and the 1.3242 rollover low puts the 1.3238 NY low / 38.2% fib in play
Close above the 1.3259 session high reopens the 1.3300 range top
BoE Pill at 06:00 UTC during London open could shift the read
US CPI Wed 12:30 UTC (core f/c 0.2% MoM) is the main risk to the 1.3200–1.3300 range top/floor
23:16 UTC
Uptrend, stalling below day high · RSI 50 · price 1.32537
Post-NY consolidation at 1.3250–1.3259 after higher-low sequence.
London broke the Asian range high near 1.3229 as the dollar eased off Monday's highs. The NY dip held 1.3238, the NY low at the 38.2% fib of the Asia low to day high move, before the day high printed at 1.3259. Price is now flat at 1.3254 on the 1.3250 base, right under the 1.3261 range cap. The rollover wick to the 1.3242 swing low was reclaimed within a bar.
Support: 1.3250, 1.32424, 1.32382
Resistance: 1.3259, 1.3261, 1.3280
What it said to watch
M15 close above the 1.3261 range cap opens the 1.3280 range top
Loss of the 1.3250 base exposes the 1.3242 swing low, then the 1.3238 NY low and 38.2% fib
BoE Pill (06:00 UTC) and US CPI (Wed 12:30 UTC) could materially shift this read
HH/HL chain from Asia low; tight consolidation 1.3250–1.3259 after rollover false break.
London broke the Asian range high at 1.3230 and NY extended the climb to a 1.3259 session high as the dollar eased into CPI. The thin rollover spike to the 1.3242 spike low was reclaimed within a bar, a false break. Early Asia is now compressing between the 1.3250 rollover low and the session high, just under the digest's 1.3250–1.3261 range cap. RSI(14) is neutral near 49.
Support: 1.3250, 1.3242, 1.3238
Resistance: 1.3259, 1.3280
What it said to watch
M15 close above the 1.3259 session high and the 1.3261 range cap puts the 1.3280 range top in play
Failure to hold the 1.3250 rollover low reopens the 1.3242 spike low and the 1.3238 NY low, which sits on the 38.2% fib
BoE Pill at 06:00 UTC and US CPI at 12:30 UTC Wed could materially shift this read
22:46 UTC
Uptrend, stalling under day high · RSI 51 · price 1.32541
HH/HL chain from Asia through NY; post-NY compression 1.3251–1.3259.
Cable stepped higher from the 1.3204–1.3230 Asian range through London and NY as the dollar eased into CPI, printing a 1.3259 day high after 18:00 UTC. Post-NY it is compressing 1.3251–1.3259 against the multi-week 1.3250–1.3261 cap, and the thin rollover spike to 1.3242 was fully reclaimed.
Support: 1.3251, 1.3242, 1.3238
Resistance: 1.3259, 1.3280
What it said to watch
M15 close above the 1.3259 day high clears the multi-week cap and opens the 1.3280 range top
Loss of the 1.3251 late NY low exposes the 50% fib near 1.3249 and the 1.3242 rollover low; a break of the 1.3238 NY low ends the HH/HL chain
BoE Pill at 06:00 UTC and US CPI at 12:30 UTC could materially shift this read
Higher lows from the Asian low, now a tight 1.3250–1.3259 range after a late-NY break.
Cable climbed about 55 pips from the 1.3204 Asian low as the dollar eased into CPI. It cleared the 1.3238–1.3255 NY range around 18:00 UTC and printed a 1.3259 session high, just under the 1.3250–1.3261 cap flagged in the market digest. A thin-liquidity rollover spike to the 1.3242 spike low was reclaimed. Price now sits on ema20 with RSI(14) neutral near 51, and the ny low at 1.3238 lines up with the 38.2% fib of the day's move.
Support: 1.32505, 1.32424, 1.32382
Resistance: 1.3259, 1.3280
What it said to watch
A close above the 1.3259 session high clears the three-week cap and opens the 1.3280 range top
Failure to hold the 1.3251 range low brings the 1.3242 spike low and the 1.3238 ny low / 38.2% fib back into play
BoE Pill speaks at 06:00 UTC in early London, and US CPI at 12:30 UTC Wed (core f/c 0.2% MoM) is the main event risk to this read
22:17 UTC
Intraday uptrend, stalling below range cap · RSI 52 · price 1.32525
London HH/HL leg, NY range 1.3238–1.3255 broken higher, flat consolidation since.
London lifted cable out of the 1.3204–1.3229 Asian range in a HH/HL sequence. NY held the 1.3238 NY lows twice, right at the 38.2% retrace of the asia low–day high move, then made an 18:00 UTC range break to a 1.3259 day high as the dollar eased ahead of Wednesday's CPI. Into the early Asia session price sits on EMA20 just under the 1.3261 range cap, RSI(14) 52, with the rollover spike low at 1.3242 already reclaimed and the 1.3251 break shelf back in play.
Support: 1.3251, 1.3242, 1.3238
Resistance: 1.3259, 1.3261, 1.3280
What it said to watch
M15 close above the 1.3261 range cap clears the day high and opens the 1.3280 range top
A close back below the 1.3251 break shelf returns price to the 1.3238–1.3255 NY range
Loss of the 1.3242 spike low exposes the 1.3238 NY lows / 38.2% retrace
BoE Pill at 06:00 UTC, then US Sept CPI at 12:30 UTC (~14h), could materially shift this read at the range cap
22:01 UTC
Intraday uptrend, stalling under range cap · RSI 58 · price 1.32565
Higher lows through NY, breakout above 1.3255 now holding in thin post-NY trade.
Cable cleared the Asian range top near 1.3229 at London open and stair-stepped higher as the dollar eased into CPI. NY higher lows at the 1.3238 NY low and the 1.3242 higher low fed an 18:00 UTC breakout through 1.3255. Thin post-NY trade is holding the 1.3250 breakout retest just below the 1.3259 session high and the 1.3261 range cap.
Support: 1.3250, 1.32424, 1.32382
Resistance: 1.3259, 1.3261, 1.3280
What it said to watch
M15 close above the 1.3261 range cap clears the three-week ceiling, with the 1.3280 range top next
Loss of the 1.3250 breakout level negates the breakout and exposes the 1.3242 higher low
A break of the 1.3238 NY low, which aligns with the 38.2% day rally fib, breaks the NY higher-lows trendline
BoE Pill Wed 06:00 UTC at London open, and US CPI Wed 12:30 UTC could materially shift this read
Higher lows from Asia; NY break of midday high now consolidating.
Cable cleared the 1.3204–1.3229 Asian range in London on hawkish BoE Greene comments and a softer USD, then broke the midday high during NY hours to a 1.3259 session high. Price is holding above the 1.3251 pullback low, which sits on the 38.2% fib of the 1.3238 swing low leg. Post-NY trade is quiet into the Asia session.
Support: 1.3251, 1.3238
Resistance: 1.3259, 1.3261, 1.3280
What it said to watch
Close above 1.3261 prior high breaks the top of the 1.3200–1.3260 range and exposes the 1.3280 range cap
Loss of 1.3251 pullback low puts the 1.3238 swing low back in play
BoE Pill speaks Wed 06:00 UTC, and US CPI is due Wed 12:30 UTC; either could materially shift this read
HH/HL chain since London; tight consolidation below session high in thin post-NY trade.
Cable cleared the Asian range high at 1.3229 at London open and kept printing higher highs and higher lows. In NY it held higher lows at the 1.3238 ny low and 1.3242, then pushed late to a 1.3259 session high, helped by GBP firmness on hawkish BoE talk and a softer pre-CPI USD. Price is now pinned near 1.3255 on contracting ranges, with the 1.3251 swing low below and the 1.3261 range top overhead; RSI(14) is at 57.
Support: 1.3251, 1.3242, 1.3238
Resistance: 1.3259, 1.3261, 1.3280
What it said to watch
M15 close above the 1.3261 range top ends the 1.3200–1.3260 range read and puts the 1.3280 range cap in view
Loss of the 1.3251 swing low and then the 1.3242 higher low breaks the intraday higher-low trendline
BoE's Pill (Wed 06:00 UTC) could jolt GBP in early London
US CPI (Wed 12:30 UTC) could materially shift this read
Higher highs from Asia low, late-NY tight range under day high.
Cable climbed steadily from the 1.3204 Asian low after Greene's hawkish remarks and the BRC beat. The NY low at 1.3238 held at the 38.2% retracement before a push to a 1.3259 day high. Since then price has compressed in a 1.3250–1.3259 band after NY close, with RSI(14) near 60 and ATR down to about 4 pips.
Support: 1.3250, 1.3238
Resistance: 1.3259, 1.3280
What it said to watch
M15 close above the 1.3259 day high would clear the digest's 1.3261 recent high and open the 1.3280 range top
Failure to hold the 1.3250 late ny low exposes the 1.3238 ny low and 38.2% fib
BoE's Pill at 06:00 UTC Wed and US CPI at 12:30 UTC Wed could materially shift this read
21:01 UTC
Uptrend, momentum flattening late NY · RSI 57 · price 1.32538
HH/HL chain from Asian low; tight 1.3251–1.3259 box after late-NY breakout.
Cable built higher lows from the Asian low near 1.3204 through London and NY, with GBP firm on hawkish BoE talk and the USD easing off highs as yields and crude slipped. A late-NY push cleared the 1.3255 prior high to a 1.3259 session high. Price is now compressing between the 1.3251 late low and the session high into thin post-NY hours, with RSI(14) near 57 and ATR around 4 pips.
Support: 1.3251, 1.3243, 1.3238
Resistance: 1.3259, 1.3280
What it said to watch
M15 close below the 1.3251 late low puts the 1.3243 pivot low and the 1.3238 ny low back in play
Failure to hold the higher lows trendline breaks the intraday HH/HL chain
Close above the 1.3259 session high exposes the 1.3280 range top
US CPI Wed 12:30 UTC (core m/m f/c 0.2%) could materially shift this read; BoE Pill speaks Wed 06:00 UTC
20:46 UTC
Uptrend, stalling at day high · RSI 58 · price 1.32538
HH/HL chain from Asian low; post-break compression under 1.3259.
Cable has posted higher highs and higher lows since the 1.3203 Asian low, helped by hawkish BoE Greene comments, through London. NY's 1.3238–1.3255 chop resolved in an 18:00 UTC range break above the 1.3242 break base to a 1.3259 day high as the USD eased into CPI. Late trade is compressing between the 1.3251 late NY low and the day high, with RSI(14) near 58 and ATR(14) around 4.6 pips.
Support: 1.3251, 1.3242, 1.3238
Resistance: 1.3259, 1.3280, 1.3300
What it said to watch
M15 close above the 1.3259 day high exposes the 1.3280 range cap, then the 1.3300 round number
Failure to hold the 1.3251 late NY low puts the 1.3242 break base back in play
Loss of the 1.3238 NY range low, which matches the 38.2% day-rally fib, breaks the HH/HL chain
BoE Pill (Wed 06:00 UTC) and US CPI (Wed 12:30 UTC, core f/c 0.2% m/m) could materially shift this read
NY range broken higher, late-session consolidation under the 1.3259 session high.
Higher highs and higher lows from the 1.3203 Asian-session low carried through London. Late NY broke above the 1.3238–1.3255 range to a 1.3259 session high, just shy of Monday's 1.3261 prior high, and the pullback low at 1.3251 has held. GBP firmed on hawkish BoE commentary while USD trimmed gains ahead of Wednesday's CPI.
Support: 1.3251, 1.3238, 1.3230
Resistance: 1.3259, 1.3261, 1.3280
What it said to watch
Close back below the 1.3251 pullback low puts the breakout into question and reopens the NY range
Loss of the 1.3238 NY low, near the 38.2% fib of the day rally, breaks the rising lows
Clearance of the 1.3261 prior high exposes the 1.3280 range top
Asian high at 1.3230 sits at the 50% retracement of the day rally
US CPI Wed 12:30 UTC and BoE Pill Wed 06:00 UTC could materially shift this read
Higher lows since NY low; late breakout from 1.3238–1.3255 range.
Cable broke above the Asian high in the London session, then ranged 1.3238–1.3255 through NY before an 18:00 UTC breakout to a 1.3259 session high. Hawkish BoE comments from Greene and a softer USD into CPI explain the move. Price is now easing back toward the 1.3249 breakout pt, near the 38.2% fib, in thin post-NY trade.
Support: 1.3249, 1.3238, 1.3222
Resistance: 1.3259, 1.3280
What it said to watch
Hold of the 1.3249 breakout pt (50% fib) keeps the higher-low chain intact; a break back inside the range below it points to a false break
Loss of the 1.3238 ny low breaks the rising trendline and the intraday HL sequence
Clearance of the 1.3259 session high puts Monday's 1.3261 high and the 1.3280 range top in view
BoE Pill (Wed 06:00 UTC) and US CPI (Wed 12:30 UTC) could materially shift this read
Asian high at 1.3222 is the deeper floor if the breakout fails
20:01 UTC
Uptrend, pausing at session high · RSI 60 · price 1.32538
HH/HL chain from Asian low; late-NY breakout now holding near the 1.3250–1.3255 level.
Steady climb from the 1.3204 Asian low through London, then a late-NY break of the 1.3255 NY high to a 1.3259 session high as USD eased into CPI. Price is holding on the rising trendline near 1.3250, just under Monday's 1.3261 prior high, with RSI(14) near 60 and no extreme.
Support: 1.3250, 1.3238
Resistance: 1.3259, 1.3261, 1.3280
What it said to watch
M15 close below the rising trendline near 1.3250 breaks the HH/HL chain from the Asian low
Loss of the 1.3238 NY low (38.2% fib of the Asian low to session high move) negates the late-NY breakout
Clearance of the 1.3261 prior high opens the 1.3280 range top
BoE Pill (Wed 06:00 UTC) and US CPI (Wed 12:30 UTC) could materially shift this read
HH/HL chain since Asia; late-NY breakout above the NY range, retest held.
Cable cleared the 1.3204–1.3230 Asian range in early London and has printed higher lows since. A late-NY push through the 1.3238–1.3252 NY range held a retest of the 1.3250 breakout, with the day high at 1.3259 just under Monday's 1.3261 high as the USD pullback on softer yields and oil extends into CPI; RSI(14) near 58 is not stretched.
Support: 1.3250, 1.3238, 1.3230
Resistance: 1.3259, 1.3280
What it said to watch
M15 close back below 1.3250 turns the breakout into a false break inside the NY range
Loss of the 1.3238 NY low breaks the higher-low chain and the rising trendline from London
Close above 1.3261, just over the 1.3259 day high, clears Monday's high and exposes the 1.3280 range top
1.3230 Asian high and the 38.2% fib of the intraday advance near 1.3238 are the next demand areas on a deeper pullback
BoE Pill (Wed 06:00 UTC) and US CPI (Wed 12:30 UTC) could materially shift this read
Asian range broken higher, late-NY breakout to new session high.
London cleared the 1.3230 Asian range top and NY held a higher-low chain from the 1.3238 NY low, which matches the 38.2% retrace of the 1.3203–1.3259 rally, as easing yields and crude trimmed the USD bid. A late-NY push through the 1.3251 breakout level printed a 1.3259 session high just under Monday's 1.3261 prior high. RSI(14) is near 64.
Support: 1.3251, 1.3242, 1.3238
Resistance: 1.3259, 1.3261, 1.3280
What it said to watch
M15 close back below the 1.3251 breakout level returns price to the NY range
Break of the 1.3242 higher low and the higher-low line ends the intraday HL chain
Acceptance above the 1.3261 prior high puts the 1.3280 range top in view
BoE Pill (Wed 06:00 UTC) and US CPI (Wed 12:30 UTC, core f/c 0.2% m/m) could materially shift this read
Higher lows since Asia; late-NY break above the 1.3238–1.3255 NY range.
Cable broke above the 1.3230 Asian high in London and has printed higher lows since, helped by USD giving back ground as yields and crude dipped. The 18:00 UTC push cleared the NY range and set a session high at 1.3258, just under Monday's 1.3261 prior high, with the London high at 1.3251 now the nearest shelf.
Support: 1.3251, 1.3238, 1.3230
Resistance: 1.3258, 1.3261, 1.3280
What it said to watch
A close above 1.3261 (prior high) leaves 1.3280 range top as the next reference
Failure to hold the 1.3251 london high puts the break back inside the 1.3238–1.3255 NY range
A break of the London trend support and the 1.3238 ny low ends the higher-low sequence
US CPI Wed 12:30 UTC and BoE Pill at 06:00 UTC could materially shift this read
18:46 UTC
Intraday uptrend, late-NY push to session high · RSI 58 · price 1.32544
Higher-low chain since NY low, NY cap broken.
Cable cleared the Asian range (1.3204–1.3230) in London. Late in the NY session it broke the 1.3254 NY cap to a 1.3258 session high as USD eased into Wednesday's CPI. Higher lows at the 1.3238 NY low and the 1.3242 higher low hold a rising trendline, with price now just under Monday's 1.3261 prior high. RSI(14) is near 58 and not stretched.
Support: 1.3254, 1.3242, 1.3238
Resistance: 1.3258, 1.3261, 1.3280
What it said to watch
M15 close back below the 1.3254 NY cap would mark a false break
A break of the 1.3242 higher low and the rising trendline ends the higher-low chain
Close above the 1.3261 prior high opens the 1.3280 range top
BoE Pill (Wed 06:00 UTC), Bowman (09:40 UTC) and US CPI (12:30 UTC) could materially shift this read
Cable has stair-stepped higher from the 1.3204 Asian low. Late in the NY session, after London close, it broke above the 1.3255 NY high to a 1.3258 day high as the USD eased into Wednesday's CPI. Higher lows at the 1.3238 NY low and the 1.3242 swing low hold the rising trendline, while the 1.3261 prior high and 1.3280 range top sit just overhead, with RSI(14) near 64.
Support: 1.3255, 1.3242, 1.3238
Resistance: 1.3258, 1.3261, 1.3280
What it said to watch
M15 close back below the 1.3255 ny high would mark the push as a false break
Loss of the 1.3242 swing low and the rising trendline breaks the higher-low chain; the 1.3238 ny low aligns with the 38.2% of the rally fib
1.3261 prior high and 1.3280 range top: area to watch for rejection or break
US CPI Wed 12:30 UTC is the next major swing factor for this range
18:16 UTC
Intraday uptrend, momentum stalling in late NY · RSI 60 · price 1.32495
London HH/HL leg from the Asian high; NY compressing into a pennant of lower highs and higher lows.
Cable cleared the Asian high at 1.3229 at London open and climbed to a 1.3255 session high in early NY as softer yields and oil eased the USD. Late-NY trade has compressed above the 1.3238 NY low, with NY higher lows at 1.3240/1.3242 and NY lower highs from 1.3255, and price is now pressing the upper line.
Support: 1.3242, 1.3238, 1.3229
Resistance: 1.3255, 1.3261
What it said to watch
M15 close above the 1.3255 session high breaks the pennant and exposes Monday's 1.3261 prior high
Break below the 1.3242 higher low and the 1.3238 NY low ends the HL chain and puts the 1.3229 Asian high back in focus
BoE Pill at 06:00 UTC and Bowman at 09:40 UTC could jolt the Asian/London range ahead of US CPI Wed 12:30 UTC
18:01 UTC
Intraday uptrend, momentum stalling late NY · RSI 54 · price 1.32473
Higher lows from Asian low; lower highs compressing below day high.
London broke the 1.3230 Asian high and NY extended to a 1.3255 day high as USD eased on softer yields and oil. The 1.3238 NY low held above the 38.2% retrace of the Asian low-to-day high move. After London close, price is compressing into a lower high near 1.3252 above a late low at 1.3242, with RSI(14) neutral near 54.
Support: 1.3242, 1.3238, 1.3230
Resistance: 1.3252, 1.3255, 1.3261
What it said to watch
M15 close above the 1.3255 day high opens the 1.3261 Monday high
Break of the 1.3238 NY low and rising trendline from the Asian low exposes the 1.3230 Asian high
Failure to hold the 1.3242 late low breaks the late-NY consolidation
US CPI Wed 12:30 UTC (core f/c 0.2% MoM) could materially shift this read
17:46 UTC
Uptrend, stalling under session high · RSI 55 · price 1.32468
HH/HL chain from Asia into London; NY compressing in a 1.3238–1.3255 box.
Cable broke above the asian high at 1.3222 before London and ground higher on softer yields and oil, printing a 1.3255 session high in the first hour of NY. Since then price has compressed late in the NY session between the 1.3238 NY low, which sits on the 38.2% retracement of the London leg, and the high. RSI(14) near 55 and ATR around 5.6 pips reflect fading momentum.
Support: 1.3238, 1.3222
Resistance: 1.3255, 1.3261
What it said to watch
Close above the 1.3255 session high opens the 1.3261 prior high, with the 1.3280 range ceiling beyond
Break below the 1.3238 NY low and the 38.2% fib exposes the 50% at 1.3236 and the asian high at 1.3222
US CPI Wed 12:30 UTC, with Bowman at 09:40 UTC, could materially shift this read
17:31 UTC
Intraday uptrend, stalling in late NY · RSI 56 · price 1.32477
Higher lows since Asia; NY range 1.3238–1.3255 below session high.
Cable cleared the Asian high at 1.3230 early in London and climbed in higher lows as the dollar eased on softer Treasury yields. It met rejection at the 1.3255 session high near the NY open and has held a 1.3238–1.3255 range since, with the NY low and rising support intact into the post-London lull. RSI(14) is neutral near 56.
Support: 1.32382, 1.32301
Resistance: 1.32546, 1.3261
What it said to watch
M15 close below the 1.3238 NY low and rising support breaks the higher-low sequence and puts the 1.3230 Asian high in focus
Close above the 1.3255 session high exposes Monday's 1.3261 prior high
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
A drop back into the 61.8% zone of the Asia-NY leg (~1.3223) would undercut the London breakout above the Asian high
HH/HL climb from Asian range, now compressing in late NY.
Cable broke above the 1.3204–1.3222 Asian range and stair-stepped higher through London as the USD eased with yields, peaking at the 1.3255 session high early in NY before a rejection. Since then price has compressed after London close between the 1.3238 NY low and a line of lower highs near 1.3252, RSI(14) neutral near 46 and ATR around 6 pips.
Support: 1.3238, 1.3232, 1.3222
Resistance: 1.3252, 1.3255, 1.3261
What it said to watch
M15 close below the 1.3238 ny low ends the higher-low sequence and exposes the 1.3232 swing low near the 38.2% fib of the rally
Close above the 1.3255 session high breaks the lower highs and puts the 1.3261 prior high back in view
Failure to hold 1.3232 opens the 50% fib at 1.3229 and the old 1.3222 asian high
US CPI Wed 12:30 UTC and BoE Pill Wed 06:00 UTC could materially shift this read; US budget statement 18:00 UTC is a minor intervening risk
HH/HL chain since Asia; NY range 1.3238–1.3255 with lower highs.
London broke above the 1.3204–1.3222 Asian range and extended to the 1.3255 session high early in NY, as the USD eased on softer yields. That high was rejected, and the NY low at 1.3238 has held near the 38.2% of the London leg fib. Lower highs since have price pressing the rising trendline near 1.3244, with RSI(14) in the mid-40s.
Support: 1.3238, 1.3232
Resistance: 1.3255, 1.3261
What it said to watch
M15 close below the 1.3238 ny low breaks the rising trendline and opens the 1.3232 london low
Close above the 1.3255 session high puts Monday's 1.3261 monday high back in play
US Monthly Budget Statement at 18:00 UTC is minor; the read is likely to stay range-bound into Wednesday's US CPI at 12:30 UTC
HH/HL chain from the Asian range into NY; now rotating 1.3238–1.3255 with lower highs.
Cable cleared the Asian high near 1.3230 at London open and extended to a 1.3255 session high early in NY. Softer US yields and Greene's hawkish BoE remarks drove the leg. Since then price has rotated in a 1.3238–1.3255 band with lower highs. RSI(14) is flat near 51 and price is sitting on EMA20 after London close.
Support: 1.3238, 1.3230
Resistance: 1.3255, 1.3280
What it said to watch
M15 close below the 1.3238 NY low breaks the intraday HL chain and exposes the 1.3230 Asian high / 38.2% fib
Close above the 1.3255 session high opens the 1.3280 range cap flagged in the macro digest
US Sep CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read; Monthly Budget Statement 18:00 UTC is second-tier
16:31 UTC
Intraday uptrend, stalling in NY · RSI 56 · price 1.32487
London HH/HL leg into a 1.3238–1.3255 NY range.
London cleared the Asian high near 1.3222 and climbed to a 1.3255 session high as USD eased on softer yields and Greene's hawkish remarks firmed GBP. NY has since chopped between 1.3238 and 1.3255, with a lower high at 1.3252. Three tests of the 1.3238 NY floor, near the 38.2% retrace of the London leg, have held, and RSI(14) sits neutral near 56.
Support: 1.3238, 1.3222
Resistance: 1.3255, 1.3280
What it said to watch
M15 close below the 1.3238 NY floor breaks the rising London trendline and exposes the 1.3222 Asian high
M15 close above the 1.3255 session high resumes the London leg toward the 1.3280 range top
US Sep CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read; BoE Pill Wed 06:00 UTC is an earlier risk
Cable has climbed from the 1.3204 Asian low on hawkish BoE Greene and a softer USD as yields eased, with London clearing the 1.3230 Asian high. NY has compressed between the 1.3238 NY low and the 1.3255 session high. The NY low held above the 38.2% of the Asia-NY leg and the rising trendline caught the 15:30 UTC dip.
Support: 1.3238, 1.3230
Resistance: 1.32546, 1.3280
What it said to watch
M15 close above the 1.3255 session high resumes the HH chain toward the 1.3280 range cap
Break of the 1.3238 NY low and the rising trendline breaks the HL sequence back toward the 1.3230 Asian high
US Sep CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
16:01 UTC
Uptrend, stalling in late NY · RSI 48 · price 1.32434
HH/HL chain from Asia; NY rotating 1.3238–1.3250 with lower highs.
Cable cleared the Asian high near 1.3229 in London and stair-stepped to a 1.3255 session high early in NY, helped by BoE Greene's hawkish line and a softer USD as yields eased. The 1.3255 high was rejected, and price has since rotated in a 1.3238–1.3250 band with lower highs. RSI(14) is neutral near 48, and the rising trendline sits just above the 1.3238 NY low.
Support: 1.3238, 1.3229
Resistance: 1.3255, 1.3261
What it said to watch
M15 close below the 1.3238 NY low breaks the rising trendline and the intraday HL chain, exposing the asian high at 1.3229
Reclaim of the 1.3255 session high reopens the 1.3261 prior high cap
US Monthly Budget Statement 18:00 UTC is minor; BoE Pill (Wed 06:00 UTC) and US CPI (Wed 12:30 UTC) could materially shift this read
15:46 UTC
Intraday uptrend, stalling in NY · RSI 54 · price 1.32467
HH/HL chain since London; NY range 1.3238–1.3255.
London broke the 1.3230 asian high and stepped higher, helped by BoE Greene's hawkish remarks, the BRC beat and a softer USD. In NY a spike to a 1.3255 session high met rejection. The 1.3238 ny low held twice on the rising trendline, and price is consolidating mid-range.
Support: 1.3238, 1.3230, 1.3200
Resistance: 1.3255, 1.3261
What it said to watch
M15 close below the 1.3238 ny low breaks the rising trendline and exposes the 1.3230 asian high
Acceptance above the 1.3255 session high opens the 1.3261 prior high
The 1.3200 floor sits below as the larger reference if the asian high gives way
US Monthly Budget Statement 18:00 UTC is minor; BoE Pill Wed 06:00 UTC and US CPI Wed 12:30 UTC could reset this read
HH/HL chain from Asia; NY pullback holding higher low.
Cable climbed in a steady HH/HL chain from the 1.3204 Asian low through London. BoE Greene's proactive-hike line and a softer USD on lower yields and oil drove the move, and it cleared the 1.3229 Asian high early in London. NY rejected a 1.3255 session high, then the 1.3238 NY low held near the rising trendline and the fib 38.2% zone; price sits at 1.3248 with RSI(14) neutral near 55.
Support: 1.3238, 1.3229
Resistance: 1.32546, 1.3261
What it said to watch
M15 close above the 1.3255 session high resumes the HH chain toward the 1.3261 monday high
Break below the 1.3238 NY low and the rising trendline opens the 1.3229 asian high
BoE Pill Wed 06:00 UTC and US CPI Wed 12:30 UTC could materially shift this read
15:16 UTC
Intraday uptrend, stalling in NY · RSI 56 · price 1.32479
London HH/HL chain; NY chopping 1.3238–1.3255 below session high.
Cable cleared the Asian high at 1.3229 and London extended in a HH/HL chain as the USD eased on softer yields and oil. NY spiked to a 1.3255 session high and was rejected. Price has since chopped in a 1.3238–1.3255 band, with the ny lows holding on the London trendline; RSI(14) is neutral near 56.
Support: 1.3238, 1.3229
Resistance: 1.32546, 1.3260
What it said to watch
An M15 close below 1.3238 ny lows breaks the London trendline and exposes the 1.3229 asian high, near the 38.2% fib of the Asian low to session high leg
A close above the 1.3255 session high puts the 1.3260 range cap from the macro digest in play
US CPI Wed 12:30 UTC (core m/m f/c 0.2%) could materially shift this read; pre-event chop likely keeps the NY band intact
London broke above the Asian high at 1.3229 and climbed in a steady HH/HL sequence along the London trend line, then printed a 1.3255 session high in the first hour of NY, where it was rejected. The pullback found buyers at the 1.3238 NY low twice, shallow of the 38.2% fib, and price is back at 1.3248 with RSI(14) neutral near 56. USD softness on lower yields and oil ahead of Wednesday's CPI explains the lift, with the 1.3260 range top just overhead.
Support: 1.3238, 1.3229
Resistance: 1.3255, 1.3260
What it said to watch
M15 close above the 1.3255 session high puts the 1.3260 range top in play
Break below the 1.3238 NY low and the London trend line confirms a lower-low and opens a return to the 1.3229 Asian high
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) and BoE Pill Wed 06:00 UTC could materially shift this read
14:46 UTC
Intraday uptrend, stalling after NY rejection · RSI 48 · price 1.32415
HH/HL chain from Asia broken by lower highs off 1.3255.
Cable broke above the 1.3204–1.3230 Asian range on the BRC beat and Greene's hawkish remarks, then climbed in higher highs and higher lows through London. The 1.3255 session high in the first NY hours was rejected. Price has slipped below EMA20 and is pressing the 1.3239 NY low, with RSI(14) back near 48 and ATR(14) around 6 pips.
Support: 1.3239, 1.3230
Resistance: 1.32546, 1.3261
What it said to watch
M15 close below the 1.3239 ny low would confirm a lower low and expose the 1.3230 asian high, where the 38.2% fib also sits
Recovery above the 1.3255 session high reopens Monday's 1.3261 prior high, the base of the 1.3260–1.3280 range cap
US Sept CPI Wed 12:30 UTC (core f/c 0.2% m/m) is the next major catalyst for this read
14:31 UTC
Intraday uptrend, stalling after a session-high rejection · RSI 50 · price 1.32413
HH/HL chain from the Asian low, now testing the latest higher low.
London broke the 1.3229 asia high and built a HH/HL chain into a 1.3255 session high in early NY as the USD eased with yields, but that spike was rejected. Price is back at 1.3241, below EMA20 and pressing the rising trendline. The 1.3239 ny low has held twice, RSI(14) sits flat near 50, and ATR is about 6 pips.
Support: 1.3239, 1.3233, 1.3229
Resistance: 1.3251, 1.3255, 1.3260
What it said to watch
M15 close below the 1.3239 ny low breaks the rising trendline and the higher-low chain, opening the 1.3233 london dip
Loss of the 1.3229 asia high, near the 50% of the session rally fib, would unwind most of the London leg
Recovery through the 1.3251 prior high and 1.3255 session high puts the 1.3260 range top in play
US CPI Wed 12:30 UTC is the next major catalyst; until then the USD/yields leg is driving cable
14:16 UTC
Intraday uptrend, stalling after NY open rejection · RSI 49 · price 1.32408
Higher-low chain from Asia high intact above 1.3239; NY spike to session high faded.
Cable broke above the 1.3222 asia high on hawkish BoE Greene and the BRC beat. London then built higher lows off the 1.3232 london low as DXY eased. The NY open spiked to a 1.3255 session high and was rejected back to 1.3241, which puts price on the 38.2% fib of the London leg and just above the 1.3239 ny low, with RSI(14) cooling to 49.
Support: 1.3239, 1.3232, 1.3222
Resistance: 1.3255, 1.3261, 1.3280
What it said to watch
M15 close below the 1.3239 ny low breaks the higher-low chain and exposes the 1.3232 london low, then the 1.3222 asia high
Reclaim of the 1.3255 session high brings the 1.3261 monday high and 1.3280 range top into view
US CPI Wed 12:30 UTC is the next major catalyst; USD/oil moves into it could materially shift this read
14:01 UTC
Uptrend, higher lows intact into NY · RSI 61 · price 1.32492
HH/HL chain from 1.3217; NY dip low at 1.3239 reclaimed.
Cable left the Asian range through its 1.3229 Asian high during London and built higher lows from the 1.3217 swing low, helped by Greene's hawkish remarks and a softer DXY. In the first hour of NY a dip to 1.3239 (the ny dip low) was bought back to a 1.3255 session high. Price now sits just below that high, with Monday's 1.3261 prior high, the base of the 1.3260–1.3280 range top, overhead.
Support: 1.32387, 1.32287, 1.32172
Resistance: 1.32546, 1.3261
What it said to watch
M15 close above the 1.3255 session high and 1.3261 prior high would put the 1.3260–1.3280 range top in play
Loss of the 1.3239 ny dip low breaks the rising trendline and the HL sequence; the 38.2% retracement sits at the same area
Failure back below the 1.3229 asian high would mark the London breakout as a false break, exposing the 1.3217 swing low
US CPI Wed 12:30 UTC could materially shift this read; any hotter core print puts the 1.3200 floor back in focus
HH/HL chain from Asian range; NY-open dip bought, fresh session high.
Cable broke above the Asian high near 1.3229 at London open and has stepped higher through the session. The move came after Greene's hawkish remarks and the BRC beat, with the USD easing off its highs. The NY-open dip to 1.3239 was bought within one bar and price printed a new session high at 1.3255, with RSI(14) at 65, firm but not stretched.
Support: 1.32387, 1.32287
Resistance: 1.32546, 1.3261
What it said to watch
M15 close below the 1.3239 NY dip low breaks the intraday higher-low chain and the intraday hl trendline
Session high 1.3255 and the 1.3261 Monday high sit at the 1.3260–1.3280 range-top zone; this is the area to watch for rejection or break
Loss of the 1.3229 Asian high would undo the London breakout
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) is the next material risk to this read
13:31 UTC
Intraday uptrend, first crack at NY open · RSI 60 · price 1.32456
Higher-low chain from Asia broken on the 13:00 UTC bar; retest of trendline from below.
London extended the break of the 1.3229 Asian high in a steady higher-low chain to a 1.3251 session high, helped by Greene's hawkish remarks and a softer USD. The first hour of NY brought a rejection at the session high. The drop to the 1.3239 NY low held the 38.2% of the London leg but broke the rising trendline, and price is now retesting it from below.
Support: 1.3239, 1.3233, 1.3229
Resistance: 1.3251, 1.3261, 1.3280
What it said to watch
M15 close back above the rising trendline near 1.3246 restores the higher-low chain. A break of the 1.3251 session high opens the 1.3261 prior high.
Failure to hold the 1.3239 NY low (38.2% fib) exposes the 1.3233 swing low and the 1.3229 Asian high.
1.3260–1.3280 range top has capped cable in recent sessions, so a test there is the next structural hurdle.
US CPI Wed 12:30 UTC is the next major catalyst for the USD leg driving this pair.
London broke the 1.3204–1.3230 Asian range higher as the USD eased on softer yields and oil. The London leg built a higher-low chain to a 1.3251 session high into the London-NY transition. RSI(14) is near 67 and price is flattening about 10 pips under the 1.3260 range top, Monday's rejection area.
Support: 1.32435, 1.32301
Resistance: 1.32511, 1.3260
What it said to watch
M15 close below the 1.3243 higher low breaks the hl trendline and the intraday HL chain
A pullback into the 1.3230 asian high would retest the breakout; 38.2% of the London leg sits near 1.3238
Close above the 1.3260 range top clears Monday's rejection area
US CPI Wed 12:30 UTC could materially shift this read
London breakout above Asian range and prior high, pressing session high.
London cleared the Asian range (1.3204–1.3222) and yesterday's 1.3236 prior high, then built a HH/HL chain along a rising trendline from 1.3217 as USD eased from its 18-month top on softer yields and oil. Price is testing the 1.3251 session high in the first hour of NY, with the 1.3261 Monday high just overhead.
Support: 1.32435, 1.32395, 1.3236
Resistance: 1.32507, 1.3261
What it said to watch
M15 close below the 1.3244 swing low and the rising trendline breaks the HH/HL chain; 1.3240 higher low is next
Rejection at the 1.3251 session high or 1.3261 Monday high keeps the 1.3200–1.3260 range top intact; a close above 1.3261 opens the path to 1.3280
A return below the 1.3236 prior high would mark the London breakout as a false break
BoE Pill (Wed 06:00 UTC) and US CPI (Wed 12:30 UTC) are the next scheduled risks to this read
London break of Asian high, higher-low chain into early NY.
Cable lifted in Asia on hawkish BoE Greene remarks, and London broke the asian high at 1.3229 with an unbroken higher-low chain into a 1.3251 session high. Price is holding near the top in the first hour of NY with RSI(14) ~63. The digest's 1.3260 range cap sits about 10 pips above.
Support: 1.32444, 1.32395, 1.32287
Resistance: 1.32507, 1.3260
What it said to watch
M15 close below the 1.3244 swing low and the 1.3240 higher low breaks the HL chain and the rising trendline
Acceptance above the 1.3260 range cap shifts the read from range top toward range break
Pullback holding the asian high at 1.3229, near the 38.2% fib, keeps the London breakout intact
US CPI Wed 12:30 UTC sits outside this window but is the main range-break risk
12:31 UTC
Uptrend, steady but not stretched · RSI 62 · price 1.32455
Higher-low chain through London, above Asian range and prior high.
London extended the leg off the 1.3200 floor in a clean higher-low chain, clearing the 1.3229 Asian high and the 1.3236 prior high after Greene's hawkish Asia remarks and a softer DXY. Price is now pressing the 1.3248 session high just under the 1.3250 round number into the London-NY transition, with RSI(14) near 62 and no extreme.
Support: 1.32395, 1.3236, 1.3229
Resistance: 1.32476, 1.3250, 1.3261
What it said to watch
M15 close below the 1.3240 swing low and the London trendline breaks the higher-low chain
Loss of the 1.3236 prior high puts the 1.3229 Asian high and the 61.8% of the London leg in play
Acceptance above the 1.3250 round number exposes the 1.3261 Monday high at the base of the 1.3260-1.3280 range cap
US CPI Wed 12:30 UTC could materially shift this read
HH/HL chain through London off the 1.3217 pre-London low.
London built a clean HH/HL chain from the 1.3217 pre-London low to fresh session highs near 1.3247, extending cable's lift off the 1.3200 floor as USD eased from 18-month highs on softer yields and oil. RSI(14) near 66 is warm but not stretched. The approaching NY session meets the 1.3250 round number and the 1.3261 Monday high overhead.
Support: 1.3240, 1.3232, 1.3217
Resistance: 1.3250, 1.3261, 1.3280
What it said to watch
M15 close below the 1.3240 swing low and the London HL trendline breaks the higher-low sequence
Loss of 1.3232 (fib 50% of the London leg) puts the 1.3217 pre-London low back in play
Rejection at the 1.3250 round number or 1.3261 Monday high keeps the 1.3280 range cap intact
US ADP 4-week average (12:15 UTC) and Existing Home Sales (14:00 UTC) could jolt the NY session; Wed US CPI is the larger range catalyst
Asian range broken higher, London higher-high/higher-low chain intact.
Cable broke the 1.3204–1.3222 Asian range ahead of London and has stepped up along a rising trendline, with London higher lows at 1.3232 and a session high at 1.3246 as the USD eases on softer yields and oil. Price is pressing the 1.3250 round number, where Monday's push reversed. RSI(14) is near 64, firm but not stretched.
Support: 1.3240, 1.3232, 1.3222
Resistance: 1.3246, 1.3250, 1.3260
What it said to watch
Close back below the rising trendline near 1.3240 breaks the London higher-low chain; London hl at 1.3232 is next.
Acceptance above the 1.3246 session high and 1.3250 round number exposes the 1.3260 range cap.
Loss of the 1.3222 Asian high would negate the breakout read.
US ADP at 12:15 UTC, inside the first hour of NY, could jolt the late-London structure; US CPI on Wed is the larger risk.
HH/HL chain since Monday NY low; Asian range broken higher at London open.
Cable has ground higher from Monday's 1.3202 NY low, cleared the Asian high near 1.3229 at London open and printed a session high at 1.3246, with RSI(14) ~63 and higher lows intact along the London trendline. The lift tracks a softer USD on easing yields and Greene's hawkish BoE remarks. The 1.3250 psych level and the 1.3260 range cap sit just overhead.
Support: 1.32395, 1.32323, 1.3229
Resistance: 1.3246, 1.3250, 1.3260
What it said to watch
An M15 close below the 1.3240 higher low breaks the London trendline
Failure to hold the 1.3232 swing low returns focus to the 1.3229 Asian high, near the 38.2% fib of the Mon low–session high move
Acceptance above the 1.3250 psych level exposes the 1.3260 range cap; rejection there keeps cable inside its band
ADP 4-week average at 12:15 UTC and the NY open could shift the USD leg; US CPI Wed 12:30 UTC is the bigger risk
Higher-low chain since London open, pressing session high.
London extended a break of the 1.3222 asian high, cleared Monday's 1.3238 prior high and set a 1.3246 session high on a steady chain of higher lows. RSI(14) sits near 62 with ATR around 5 pips, a measured grind helped by a softer DXY and the BRC beat, well clear of Monday's 1.3202 low.
Support: 1.3238, 1.3229, 1.3222
Resistance: 1.3246, 1.3250
What it said to watch
M15 close below 1.3238 prior high and the rising trendline breaks the higher-low chain
Close above 1.3246 session high and 1.3250 round number extends the London leg
Loss of 1.3229 london low exposes the 1.3222 asian high near the 38.2% fib
ADP 4-week average at 12:15 UTC into NY open could shift this read; US CPI Wed is the bigger range test
HH/HL chain from Asia; London broke above Asian high and prior high.
Cable lifted off the 1.3202 Monday low in Asia after Greene's hawkish remarks and a BRC beat. London then broke the 1.3222 Asia high and the 1.3238 prior high, holding a rising trendline of higher lows. The latest bar left a wick at the 1.3246 session high, just under the 1.3250 round number, with RSI(14) near 65 and not stretched.
Support: 1.3238, 1.3232, 1.3222
Resistance: 1.3246, 1.3250, 1.3261
What it said to watch
Close back below the 1.3238 prior high would mark a failed breakout and put the 1.3232 swing low and the 38.2–50% retrace of the london leg in focus
Break of the 1.3232 swing low and the rising trendline ends the higher-low chain; the 1.3222 asia high is the next shelf
Acceptance above the 1.3246 session high and 1.3250 round number opens the 1.3261 monday high
US ADP 4-week average at 12:15 UTC and NY open liquidity could test the London range
London broke above Asian range; HH/HL chain into mid-London.
Cable rebounded from yesterday's NY low at 1.3202, just above the 1.3200 floor. London then broke the Asian high near 1.3230 and has stepped up in a higher-low chain to a 1.3244 session high, helped by a softer USD as Treasury yields ease. RSI(14) is near 66, firm but not stretched, and price is mid-London ahead of the NY open.
Support: 1.3239, 1.3230, 1.3200
Resistance: 1.32442, 1.3250, 1.3261
What it said to watch
Loss of the 1.3239 intraday HL and the rising trendline (~1.3238) would break the London higher-low chain
A drop back below the 1.3230 Asian high, near the 38.2% fib of the 1.3202–1.3244 rally, would turn the range break into a false break
Close above the 1.3250 round number opens the Monday high at 1.3261
US ADP 4-week average at 12:15 UTC and the Budget Statement at 18:00 UTC could shift this read; Wednesday's CPI is the bigger test for the 1.3200 floor
10:46 UTC
Uptrend, steady higher lows through London · RSI 68 · price 1.32437
HH/HL chain since London open, above Asian range.
London broke the Asian range high at 1.3222 and has built a HH/HL chain to a 1.3244 session high as easing yields and oil took some heat off USD, extending the bounce off the 1.3200 floor. The 1.3232 pullback low sits on the 38.2% of the London leg fib and on the rising trendline from the London low; RSI(14) near 68 is firm but not stretched.
Support: 1.3232, 1.3217, 1.3202
Resistance: 1.3250, 1.3261
What it said to watch
M15 close below the 1.3232 pullback low breaks the HL chain and the rising trendline, exposing the London low at 1.3217
1.3250 psych and Monday's 1.3261 prior high are the next areas to watch for rejection or break
US ADP 4-week average at 12:15 UTC and the NY open could shift this read; US CPI on Wed is the larger test for the 1.3200 floor
London HH/HL chain above the Asian range, highs clustering near 1.3240.
London broke above the Asian range high at 1.3222 and built higher lows to a session high of 1.3243, clearing the prior-day high near 1.3238. GBP is firm on the BRC beat and Greene's hawkish tone while USD eases. Highs have stacked around 1.3240 for two hours, with RSI(14) at about 66 and not stretched.
Support: 1.32323, 1.32216, 1.32015
Resistance: 1.32427, 1.3250, 1.3261
What it said to watch
A close above the 1.3243 session high opens the 1.3250 round number, then the 1.3261 Monday high
A break of the 1.3232 swing low and the London higher-lows trendline turns the session into a pullback toward the 38.2% retracement of the Asia low–session high move near 1.3228
Loss of the 1.3222 Asia high puts price back inside the Asian range, with the 1.3202 prior low in view
US ADP at 12:15 UTC and the start of NY hours could shift the read ahead of Wednesday's CPI
10:01 UTC
Intraday uptrend, stalling at session high · RSI 66 · price 1.32386
HH/HL chain from London open, compressing 1.3232–1.3240.
London broke above the asian high near 1.3222 and lifted cable to a 1.3240 session high. That extends the rebound off Monday's 1.3202 low as DXY eases from its 18-month peak. Price is now compressing between the 1.3232 band low and 1.3240, with higher lows along the London trendline and RSI(14) near 66, not stretched.
Support: 1.3232, 1.3222, 1.3202
Resistance: 1.3240, 1.3261
What it said to watch
M15 close above the 1.3240 session high opens the path to the 1.3261 monday high
Close below the 1.3232 band low and the London trendline puts a retest of the 1.3222 asian high in play
Loss of 1.3222 returns price to the Asian range and the 1.3202 monday low
US ADP 4-week avg (12:15 UTC) and Existing Home Sales (14:00 UTC) fall in NY hours; Wednesday's US CPI is the larger range test
Higher lows since Asia; London broke the Asian range high and is capped by equal highs at 1.3240.
Cable bounced off Monday's 1.3201 low near the 1.3200 floor. A London-open breakout above the 1.3222 Asian high, helped by the BRC beat and Greene's hawkish remarks, carried price to equal highs at 1.3240, printed twice in the last 90 minutes. Pullbacks are holding a rising trendline and the 1.3233 swing low, with RSI(14) near 66 and not stretched.
Support: 1.3233, 1.3222, 1.3201
Resistance: 1.3240, 1.3261
What it said to watch
M15 close below the 1.3233 swing low and the rising trendline breaks the London higher-low chain
Pullback to the 1.3222 Asian high puts the breakout under retest; it coincides with the 50% fib
Clean break of the 1.3240 equal highs opens the 1.3261 Monday high
US ADP 4-wk average at 12:15 UTC, ahead of Wednesday's CPI, could shift the read during NY hours
09:16 UTC
Intraday uptrend, pausing at session high · RSI 67 · price 1.32386
Higher-high/higher-low chain since London open, above Asian range.
Mid-London, price broke above the 1.3222 Asian high and built a higher-low chain to a 1.3240 session high. That retraced Monday afternoon's slide to the 1.3202 range floor as the dollar eased, with Greene's hawkish remarks and a BRC sales beat adding support for sterling. Two tops at 1.3240 are capping the move for now, with RSI(14) near 67 and ATR around 5.6 pips.
Support: 1.32315, 1.3222, 1.3202
Resistance: 1.32404, 1.3261, 1.3280
What it said to watch
An M15 close above the 1.3240 session high opens the 1.3261 prior high, then the 1.3280 range top
A break of the 1.3231 higher low and the rising trendline turns the micro-structure back toward the 1.3222 Asian high
The 1.3200 range floor held on Monday; US CPI on Wed 14 Oct at 12:30 UTC is the next major risk to the range
09:01 UTC
Uptrend, stalling at london high · RSI 69 · price 1.32374
HH/HL chain from Asian low; Asian range broken higher.
London broke the Asian high at 1.3222 and extended to the 1.3240 london high, which has now capped two tests with RSI(14) near 69. Higher lows at 1.3215 and 1.3229 keep the rising trend intact as the USD pares part of Monday's oil-driven gains, leaving the 1.3202 monday low well below.
Support: 1.3229, 1.3222, 1.3202
Resistance: 1.3240, 1.3261
What it said to watch
M15 close above 1.3240 london high opens Monday's 1.3261 monday high
Break below the 1.3229 higher low breaks the HH/HL chain and exposes the 1.3222 asian high (50% fib)
Loss of the rising trend line shifts the read back to the 1.3202–1.3240 range
US ADP 4-week average at 12:15 UTC during NY hours, second-tier but can jolt the USD side
08:47 UTC
Intraday uptrend, stalling at prior high · RSI 66 · price 1.3233
Higher lows from the 1.3202 NY low; Asian range broken higher in London.
Cable has built higher lows off yesterday's 1.3202 NY low as the dollar eased from its highs. Dip-buyers stepped in during the Asia session after the BRC beat and Greene's hawkish remarks. London then broke the 1.3229 Asian high but has been rejected twice at the 1.3240 prior high, with RSI(14) cooling from the high 60s.
Support: 1.3229, 1.3217, 1.3202
Resistance: 1.3240, 1.3250
What it said to watch
M15 close above the 1.3240 prior high opens the 1.3250 round number.
Slipping back below the 1.3229 Asian high puts price back inside the Asian range and exposes the rising trendline near 1.3223.
Loss of the 1.3217 swing low breaks the higher-low chain and turns attention back to the 1.3202 NY low.
Today's US ADP and home sales are second-tier; US CPI on Wed 12:30 UTC is the next event that could materially shift this read.
08:31 UTC
Intraday uptrend, higher lows since Asia · RSI 72 · price 1.32378
HH/HL chain off 1.3204; Asian range broken higher, London testing session high.
Cable has recovered all of Monday's NY selloff to 1.3202. It cleared the Asian range high at 1.3222 before London and pressed to a 1.3238 session high as DXY eases on softer yields and oil. Price now sits at the session high, just under Monday's 1.3241 prior high, with RSI(14) near 72 and the rising support line from the Asian low intact.
Support: 1.3229, 1.3217, 1.3204
Resistance: 1.3238, 1.3241, 1.3250
What it said to watch
M15 close above the 1.3241 prior high clears Monday's range and opens the 1.3250 round number
Loss of the 1.3229 London low, then the 1.3217 swing low, breaks the higher-low chain back toward the Asian range
A break of the rising support line from the Asian low would end the HH/HL sequence
US ADP (12:15 UTC) and positioning into Wednesday's US CPI could shift this read in the NY session
08:16 UTC
Intraday uptrend, extended near session high · RSI 71 · price 1.32337
London broke the Asian range high; higher lows since 1.3215.
London opened with a breakout above the 1.3222 Asian high and has retraced all of Monday's NY slide from 1.3234 to 1.3202. Higher lows hold along a rising trendline from the 1.3215 swing low, with RSI(14) near 71 as USD eases on softer yields and oil. The 1.3238 session high sits just under the 1.3244 Monday high.
Support: 1.3229, 1.3222, 1.3215
Resistance: 1.3238, 1.3244, 1.3250
What it said to watch
Failure to hold the 1.3229 London low breaks the rising trendline and the higher-low chain
Close back below the 1.3222 Asian high turns the London breakout into a false break
Acceptance above the 1.3244 Monday high exposes the 1.3250 psych level
Shallow pullbacks holding above the London leg 38.2% keep the breakout structure intact
US ADP 4-week average (12:15 UTC) at the London-NY transition could shift the read
08:01 UTC
Intraday uptrend, extended near the session high · RSI 71 · price 1.32336
Higher lows from the Asia low, London breakout above the Asian range.
Monday's NY slide stalled just above the 1.3200 floor. Early London then broke the 1.3222 Asian high and reached a 1.3238 session high, retracing the full fib 1.3202-1.3238 leg as DXY eases with yields and oil. RSI(14) sits near 71 after the session-high bar wicked back, and the higher-low chain on rising support remains intact.
Support: 1.3222, 1.3217, 1.3200
Resistance: 1.3238, 1.3244, 1.3261
What it said to watch
Slip back below the 1.3222 Asian high would mark the London breakout as a false break
M15 close above the 1.3244 prior high clears Monday's opening range and leaves the 1.3261 range cap next
Break of rising support and the 1.3217 swing low ends the higher-low sequence, exposing the 50% fib near 1.3220 and then the floor
US ADP (12:15 UTC) and the Budget Statement in NY hours; Wednesday's US CPI is the larger risk to the 1.3200 floor read
07:47 UTC
Intraday uptrend, higher lows since Asia · RSI 69 · price 1.32333
Asian range break higher, 70% retrace of NY sell-off.
Cable cleared the 1.3222 Asian high into London open, helped by the BRC beat and Greene's hawkish remarks. It has now retraced about 70% of Monday's NY sell-off from 1.3247 to 1.3202, holding above the 61.8% fib at 1.3229 after tagging a 1.3238 session high. RSI(14) is near 69, warm but not stretched.
Support: 1.3229, 1.3222, 1.3202
Resistance: 1.3238, 1.3247
What it said to watch
Close back below the 1.3222 Asian high would turn the London breakout into a false break
Failure at the 1.3238 session high leaves a rejection below the 1.3247 prior high
Break of the Asia trendline near 1.3221 exposes the 1.3202 NY low
Fed's Waller (07:45 UTC) and ADP (12:15 UTC) could shift USD into the NY session
07:17 UTC
Intraday uptrend, stalling at session high · RSI 60 · price 1.32256
Higher lows above Asian range, double cap at 1.3230.
Monday's NY selloff to the 1.3202 prior low gave way to an Asian-session lift as USD saw mild profit-taking, and the pre-London push cleared the Asian high at 1.3222. Rising lows at 1.3215, 1.3217 and 1.3223 run into the session high at 1.3230, capped twice into London open, with RSI(14) near 60.
Support: 1.3222, 1.3217, 1.3202
Resistance: 1.3230, 1.3238, 1.3247
What it said to watch
M15 close above the 1.3230 session high opens the 1.3238 mon pivot, then the 1.3247 prior high
Loss of the 1.3217 swing low breaks the rising lows and exposes the 1.3202 prior low
Slipping back below the 1.3222 asian high puts the breakout in doubt
Fed's Waller at 07:45 UTC could materially shift this read; ADP 4-week average at 12:15 UTC
07:01 UTC
Intraday uptrend off the prior low · RSI 63 · price 1.32284
Higher lows through Asia, Asian range high broken into London open.
A pre-London push broke the Asian high at 1.3222 and set a session high near 1.3230 into the London open. Higher lows at 1.3215 and 1.3217 hold, after Monday's USD-led NY drop stalled at a prior low just above the 1.3200 floor. Monday's prior high at 1.3247 sits overhead.
Support: 1.3222, 1.3217, 1.3202
Resistance: 1.3230, 1.3247
What it said to watch
Failure to hold the Asian high at 1.3222 turns the breakout into a false break
M15 close below the 1.3217 higher low breaks the intraday HL chain
Acceptance above the 1.3230 session high opens the 1.3247 prior high
Fed's Waller at 07:45 UTC could shift the USD leg early in London
06:46 UTC
Recovering off range floor, capped at session high · RSI 56 · price 1.32244
Higher lows since 01:00 UTC; Asian range top broke, then rejected at 1.3229.
Yesterday's NY slide stopped at the 1.3200 range floor. The pair has since printed higher lows, and pre-London it broke above the 1.3222 Asian range top, but it was rejected at the 1.3229 session high, close to the 50% retrace of the decline. Firm USD and oil are keeping a lid on the recovery into London open.
Support: 1.3217, 1.3200
Resistance: 1.3229, 1.3254
What it said to watch
M15 close above the 1.3229 session high / 50% retrace opens the path to the 1.3254 prior high
Loss of the 1.3217 swing low breaks the higher-lows sequence and puts the 1.3200 range floor back in play
Fed's Waller at 07:45 UTC could shift USD and this read
06:17 UTC
Intraday recovery, stalling at pre-London high · RSI 52 · price 1.32223
Higher lows through Asia, pre-London spike rejected.
After Monday's NY slide stalled at the 1.3200 floor as oil lifted the USD, Asia built higher lows off the 1.3204 asian low and printed a higher low at 1.3215. A pre-London push to 1.3229 was rejected straight back to 1.3222. RSI(14) is neutral at 52 and ATR(14) about 3 pips into London open.
Support: 1.32153, 1.32042, 1.3200
Resistance: 1.32287, 1.32359
What it said to watch
M15 close above the 1.3229 pre-London high puts the 1.3236 NY swing high, Monday's breakdown point, back in play
Close below the 1.3215 higher low breaks the Asia trendline and the HL chain
Loss of the 1.3204 asian low exposes the 1.3200 floor again
Fed's Waller at 07:45 UTC could materially shift this read early in London
Asian range high broken pre-London; HL chain since NY low.
Into the London open, price pushed through the Asian high at 1.3222 to 1.3228. That extends a higher-low sequence off yesterday's 1.3202 NY low, where demand held near the 1.3200 floor flagged in the GBP digest. Price sits just above the 38.2% retrace of the 1.3261 prior high to 1.3202 decline, with RSI(14) near 67 and not stretched; the swing high at 1.3238, near the 61.8% level, is the next cap.
Support: 1.3222, 1.3204, 1.3200
Resistance: 1.3238, 1.3250, 1.3261
What it said to watch
M15 close back below the 1.3222 Asian high marks the push as a false break
Loss of the rising trendline and the 1.3204 Asian low reopens the 1.3200 round number
Acceptance above the 1.3238 swing high opens the 1.3250 breakdown zone and the 1.3261 prior high
Fed's Waller at 07:45 UTC and ADP at 12:15 UTC could shift the USD leg of this read
05:46 UTC
Recovering in Asia after Monday's slide, momentum neutral · RSI 54 · price 1.32205
Higher lows off the 1.3200 area, pressing the Asian high pre-London.
Monday's slide from the 1.3261 prior high stalled at the 1.3202 prior low as USD strength paused. Asia has since built higher lows off that floor, helped by the BRC beat, and price is back at the 1.3222 Asian high about an hour before London open, near the 38.2% retrace of the Monday drop. RSI(14) is neutral at 54 and ATR is around 3 pips, so the session range is still tight.
Support: 1.32153, 1.32015
Resistance: 1.32219, 1.32377, 1.32612
What it said to watch
M15 close above the 1.3222 Asian high opens the 1.3238 breakdown level from Monday's NY session
Loss of the 1.3215 swing low breaks the Asian higher-low trendline and exposes the 1.3202 prior low / 1.3200 floor
Fed's Waller at 07:45 UTC, early in the London session, could materially shift this read
US CPI on Wed 12:30 UTC sits just beyond this window but may cap ranges into NY
05:32 UTC
Recovering in a tight range after Monday's selloff · RSI 57 · price 1.32196
Asia range 1.3212–1.3222 holding above the Monday low, higher lows forming.
Monday's spike to 1.3261 before London faded through London and NY to a 1.3202 Monday low as oil and the DXY lifted USD. Asia defended the 1.3200 area and lifted price into a 1.3212–1.3222 range. Price sits near the asian high just above the 23.6% fib of that drop, with higher lows from 1.3212 and the 1.3215 pullback low, and the London open about 90 minutes away.
Support: 1.32153, 1.32122, 1.32015
Resistance: 1.32216, 1.32359
What it said to watch
M15 close above the 1.3222 asian high opens the 38.2% fib near 1.3224 and the 1.3236 monday pivot
Break of the 1.3215 pullback low and the 1.3212 range low ends the asia higher lows sequence
Loss of the 1.3202 monday low exposes the 1.3200 floor and would mark a lower low
Fed's Waller at 07:45 UTC, in the first hour of London, could materially shift this read; US CPI follows Wednesday
05:17 UTC
Range-bound after NY selloff, Asia bounce stalling · RSI 48 · price 1.32175
Asian range 1.3204–1.3222 holding above the 1.3200 floor; lower highs since 02:45 UTC.
Monday's pre-London peak at the 1.3261 monday high faded into a NY breakdown to 1.32015 as firm oil and DXY highs lifted USD. The 1.3200 floor rejected the low, and Asia lifted to the 1.32216 asian high. Late Asia is printing lower highs toward the 1.32153 micro low into London open, with RSI(14) neutral near 48 and ATR(14) about 3 pips.
Support: 1.32153, 1.32122, 1.32015
Resistance: 1.32216, 1.32612
What it said to watch
A break of the 1.32153 micro low and the 1.32122 pullback low, near 50% of the asian leg fib, exposes the 1.3200 floor again
An M15 close above the 1.32216 asian high breaks the lower-highs line and reopens the path toward the 1.3261 monday high
Waller at 07:45 UTC, shortly after London open, could shift USD tone; US CPI on Wednesday is the larger risk to the 1.3200 floor
Asian breakout above overnight base, now drifting lower inside 1.3212–1.3222.
Monday's NY slide stopped at the 1.3202 monday low, just above the 1.3200 floor, and the Asia session broke the flat 1.3204–1.3211 overnight base after the BRC beat, printing a 1.3222 asian high. Price is fading back below EMA20 toward the 1.3212 asia swing ahead of London open. RSI(14) is near 51 and ATR(14) about 3.5 pips.
Support: 1.32122, 1.32015
Resistance: 1.32216, 1.3227
What it said to watch
Failure to hold the 1.3212 asia swing returns price to the overnight base and the monday low near the 1.3200 floor
M15 close above the 1.3222 asian high reopens the 1.3227 ny breakdown area
Fed's Waller at 07:45 UTC during London could shift this read; US CPI Wednesday is the larger risk
04:46 UTC
Flat, mild intraday fade from Asian high · RSI 47 · price 1.3216
Asian lift off 1.3203–1.3211 base, now consolidating below 1.3222.
Monday's NY selloff on a firm USD bottomed at the 1.3202 day low, just above the 1.3200 floor. Asia lifted out of the overnight base at 01:00 UTC, helped by the BRC beat and Greene's hawkish remarks, and capped at the 1.3222 session high; bars have since narrowed to ~3 pips, with price drifting toward the 50% of the Asia leg fib near the 1.3212 swing low.
Support: 1.3212, 1.3202
Resistance: 1.3222, 1.3236, 1.3261
What it said to watch
Failure to hold the 1.3212 swing low exposes the 1.3202 day low and the 1.3200 floor
M15 close above the 1.3222 session high opens the 1.3236 prior shelf, with the 1.3261 monday high beyond
London open (07:00 UTC) and Fed's Waller at 07:45 UTC could break the Asian range
Tight range below Asian high after a lower-high Monday decline.
Monday's London-NY slide from 1.3261, on a firm USD with oil above $107, stalled at the 1.3202 Monday low just above the 1.3200 floor. The Asia session bounce, helped by the BRC beat and Greene's hawkish remarks, has compressed into a 1.3217–1.3222 band under the Asian high and the 38.2% fib, with the pullback low at 1.3212 holding. RSI(14) is neutral near 55 and ATR is about 4 pips heading into London open.
Support: 1.3212, 1.3202
Resistance: 1.3222, 1.3224, 1.3231
What it said to watch
M15 close above the 1.3222 Asian high and the 38.2% fib at 1.3224 opens the 50% fib at 1.3231
Failure to hold the 1.3212 pullback low exposes the Monday low at 1.3202 and the 1.3200 floor
Fed's Waller at 07:45 UTC, just after London open, could materially shift this read
US CPI Wed 12:30 UTC is the main risk to the 1.3200 floor
04:16 UTC
Short-term recovery, stalling below Asia high · RSI 60 · price 1.32187
Asia breakout from 1.3203–1.3210 box, now tight consolidation under 1.3222.
Monday's NY selloff bottomed at the 1.3202 swing low, just above the 1.3200 floor. The BRC beat and Greene's hawkish remarks lifted the pair out of the overnight box at 01:00 UTC. Late Asia is now coiling under the 1.3222 Asia high, with dips holding the 1.3212 pullback low near the 50% of the Asia rally; RSI(14) ~60, ATR ~4 pips.
Support: 1.3212, 1.3202
Resistance: 1.3222, 1.3227, 1.3238
What it said to watch
M15 close above the 1.3222 Asia high exposes the London low near 1.3227, then the 1.3238 NY high
Break below the 1.3212 pullback low puts the 1.3202 swing low and the 1.3200 floor back in play
Fed's Waller at 07:45 UTC, early in the London session, could shift this read; US CPI Wed 12:30 UTC is the larger risk
Asian breakout from 1.3203–1.3211 box, capped at 1.3222.
Asia lifted the pair out of its overnight 1.3203–1.3211 consolidation after the BRC beat and Greene's hawkish remarks, rising off yesterday's 1.3201 NY low just above the 1.3200 psych floor. Higher lows have formed since the 1.3212 swing low, but the 1.3222 asian high is capping ahead of London open. Price sits near the 38.2% of the London-NY drop from the 1.3261 prior high.
Support: 1.3212, 1.3200
Resistance: 1.3222, 1.3233, 1.3261
What it said to watch
M15 close above the 1.3222 asian high exposes the 1.3233 london low and the 38.2% fib
Loss of the rising trendline and the 1.3212 swing low reopens the 1.3200 psych floor
Fed's Waller at 07:45 UTC during London could shift the USD tone
1.3261 prior high marks the top of yesterday's London-NY drop
Late Asia session: cable lifted off the 1.3202 NY low after the BRC sales beat. It is now printing higher lows from the 1.3212 swing low beneath a flat 1.3222 Asian high, near the 50% retrace of the NY decline. The 1.3227 prior floor from NY hours sits just above, with the 1.3261 day high the next reference; RSI(14) is around 60 with no extreme in play.
Support: 1.3212, 1.3202
Resistance: 1.3222, 1.3227, 1.3261
What it said to watch
M15 close above the 1.3222 Asian high and 1.3227 prior floor breaks the compression and opens the 1.3261 day high
Loss of the 1.3212 swing low breaks the Asia higher lows and puts the 1.3202 ny low and 1.3200 floor back in focus
London open in ~3h is the first test of the Asian range
Fed Waller at 07:45 UTC could shift the USD leg of this read
03:32 UTC
Asian recovery, stalling under 1.3222 · RSI 63 · price 1.32194
Higher lows off 1.3202 day low, capped at 1.3222 Asian high.
Mid-Asia, cable is retracing Monday's USD-driven London-NY slide from 1.3261 to the 1.3202 day low. The BRC sales beat helped Asia print higher lows at 1.3204 and 1.3212. The Asian high at 1.3222 has capped four attempts, just below the 38.2% fib at 1.3224 and the prior pivot at 1.3227. RSI(14) is 63 and ATR is 4.6 pips.
Support: 1.3212, 1.3204, 1.3202
Resistance: 1.3222, 1.3227
What it said to watch
An M15 close above the 1.3222 Asian high and the 38.2% fib at 1.3224 puts the 1.3227 prior pivot in play
A break of the 1.3212 higher low and the Asian higher-lows trendline turns focus back to the 1.3204 Asian low and the 1.3202 day low
A close below 1.3200 tests the multi-session floor the digest flags
London open and Fed's Waller at 07:45 UTC could shift this read; US CPI on Wed is the larger USD catalyst
03:17 UTC
Intraday uptrend off NY low, grinding · RSI 62 · price 1.32205
Asia range break, higher-low chain under 1.3222.
Cable broke the 1.3202–1.3211 overnight range at 01:00 UTC after the BRC sales beat. A retest of the range top held at the 1.3212 higher low, and the Asia rally since has printed rising lows along a trendline. Price is pressing the 1.3222 Asian high, still below the 1.3227 NY breakdown point that began Monday's USD-driven slide to the 1.3201 NY low; RSI(14) ~62, ATR ~4.6 pips.
Support: 1.3212, 1.3210, 1.3201
Resistance: 1.3222, 1.3227, 1.3238
What it said to watch
M15 close above the 1.3222 Asian high puts the 1.3227 NY breakdown and the 1.3238 London range in play
Loss of the trendline and the 1.3212 higher low returns price to the 1.3210 range top and 1.3201 NY low, with the 1.3200 floor just beneath
A failure to clear 1.3222 into London open would leave the Asia rally as a retracement inside the 1.3201–1.3227 band
BoE Greene (03:00 UTC) and Fed Waller (07:45 UTC) could shift this read; US CPI on Wed is the larger USD catalyst
03:01 UTC
Intraday recovery, higher lows in Asia · RSI 62 · price 1.32204
Asian break above the overnight range, HH/HL chain into 1.3222.
Cable held the 1.3202 ny low, just above the 1.3200 round number, after Monday's USD-driven NY selloff. It broke out of the 1.3202–1.3211 overnight range during Asia on the BRC sales beat. Higher lows from the 1.3212 pullback low now press the 1.3222 asian high, with price sitting at the 50% retrace of the NY selloff and RSI(14) near 62, not stretched.
Support: 1.3212, 1.3202
Resistance: 1.3222, 1.3227
What it said to watch
Close above the 1.3222 asian high brings the 61.8% retrace and the 1.3227 breakdown point from the NY selloff into play
Loss of the 1.3212 pullback low breaks the Asian higher-low chain and the trendline, putting the 1.3202 ny low and the 1.3200 floor back in focus
BoE Greene (03:00 UTC) and Fed Waller (07:45 UTC) could shift the read around London open
02:47 UTC
Short-term recovery off the 1.3200 area, higher lows in Asia · RSI 61 · price 1.32178
Asia break above the overnight 1.3203–1.3211 range, compressing under 1.3221.
Monday's slide from the 1.3261 prior high bottomed at the 1.3202 monday low in NY as oil lifted USD. In Asia, cable broke the overnight range top at 1.3211, retested it with a higher low at 1.3212 and is now stalling at the 23.6% level of the Monday decline fib, just under the 1.3221 asia high. RSI(14) sits near 61, and ATR(14) of about 4.5 pips reflects a quiet session.
Support: 1.32122, 1.32112, 1.32015
Resistance: 1.32212, 1.32377, 1.32612
What it said to watch
M15 close above the 1.3221 asia high puts the 38.2% fib near 1.3224 and the 1.3238 lower high from London Monday in play
A break below the 1.3212 higher low and the asia trendline puts the range top at 1.3211 back in focus
Failure back toward the 1.3202 monday low retests the 1.3200 floor
BoE Greene at 03:00 UTC and Fed Waller at 07:45 UTC could shift this read around London open
02:31 UTC
Short-term uptrend off the day low · RSI 67 · price 1.32205
Asia break above the overnight range, higher lows.
The Asia session broke above the 1.3202–1.3211 overnight range after the BRC sales beat, stacking higher lows along a rising trendline up to 1.3221, with RSI(14) near 67. Overhead sits the 1.3227 prior low from London's breakdown, close to the 38.2% retracement of the decline from the 1.3261 day high. The 1.3201 day low is the floor beneath.
Support: 1.3212, 1.3201
Resistance: 1.3227, 1.3261
What it said to watch
M15 close below the 1.3212 higher low breaks the rising trendline and returns price to the old range
Rejection at the 1.3227 prior low and fib 38.2% would cap the Asia push; acceptance above it opens the path toward 1.3250 and the day high
Loss of the 1.3201 day low and the 1.3200 floor exposes 1.3170
BoE Greene at 03:00 UTC and Fed's Waller at 07:45 UTC could materially shift this read
02:17 UTC
Short-term recovery off the 1.3200 floor · RSI 59 · price 1.32164
Asian range break higher, retest held as a higher low.
Cable slid from 1.3261 into a 1.3202–1.3211 box during NY hours as an oil-driven USD bid took hold. That box held into early Asia. A push mid-Asia, in line with the BRC sales beat, broke the box top, and the retest at 1.3212 (50% of the leg) held as a higher low. RSI(14) is near 59 and price sits back above both EMAs, with the 1.3220 session high capping so far.
Support: 1.3212, 1.3204, 1.3200
Resistance: 1.3220, 1.3227
What it said to watch
M15 close above the 1.3220 session high opens the 1.3227 london base, where yesterday's NY breakdown started
Failure to hold the 1.3212 retest puts price back inside the Asian range, with the 1.3204 asian low next
A break of the 1.3200 floor would mark a fresh lower low below the 1.3202 NY swing
BoE Greene at 03:00 UTC and Fed Waller at 07:45 UTC could shift this read
01:47 UTC
Down day stabilising, Asia bounce stalling · RSI 57 · price 1.32133
Overnight 1.3202–1.3210 range broken higher; lower highs from Monday peak intact.
Early Asia session pushed GBPUSD out of the overnight 1.3202–1.3210 range to a 1.3220 session high, and price is now easing back toward the range top and sitting on the EMA50. Monday's oil-driven USD bid took the pair from 1.3261 to a 1.3202 swing low just above the 1.3200 floor; the bounce has stalled near the 31% retracement of that Monday drop.
Support: 1.3210, 1.32015
Resistance: 1.32198, 1.32266, 1.32612
What it said to watch
M15 close back below the 1.3210 range top puts price back inside the overnight range
Loss of the 1.3202 swing low and the 1.3200 floor would mark a fresh lower-low
Close above the 1.3220 session high opens the 1.3227 ny pivot near the 38.2% of the Monday drop; the 1.3261 monday high caps the day
BoE's Greene at 03:00 UTC and Fed's Waller at 07:45 UTC could materially shift this read
01:32 UTC
Pullback higher within a downtrend · RSI 65 · price 1.32176
Asia broke above the overnight range; stalling at 1.3220.
Monday's pre-London spike to 1.3261 reversed hard from London open. NY then extended the slide to a 1.3202 day low as the oil-driven USD bid pushed DXY to fresh highs, and the 1.3200 floor held again. Asia has broken the overnight 1.3203–1.3211 range top in a single bar. Price is pausing at the 1.3220 asian high, near the 50% retrace of the NY leg from the 1.3236 ny pivot, with RSI(14) at 65 and ATR still tight at about 3 pips.
Support: 1.3211, 1.3202
Resistance: 1.3220, 1.3227, 1.3236
What it said to watch
An M15 close back below the 1.3211 range top would mark the Asia move as a false break.
Acceptance above the 1.3220 asian high exposes the 1.3227 london low and the 61.8% retrace, with the 1.3236 ny pivot above.
A loss of the 1.3202 day low would break the 1.3200 floor read.
BoE's Greene at 03:00 UTC and Fed's Waller at 07:45 UTC could materially shift this read.
01:16 UTC
Downtrend paused, early Asia bounce · RSI 71 · price 1.32196
Overnight range broken higher, testing mid-retrace of NY drop.
After Monday's oil-driven USD bid took the pair from 1.3261 to a 1.3202 NY low, the 13th session holding the 1.3200 floor, early Asia has lifted price out of the 1.3203–1.3211 overnight range. Price sits at the 50% retrace of the NY drop with RSI(14) near 71, while the 61.8% fib at 1.3223 and the 1.3236 swing high sit overhead.
Support: 1.3211, 1.3202
Resistance: 1.3223, 1.3236
What it said to watch
M15 close back below the 1.3211 range top would mark a false break and return focus to the 1.3200 floor
Acceptance above the 61.8% fib at 1.3223 opens the 1.3236 swing high
BoE's Greene at 03:00 UTC and Fed's Waller at 07:45 UTC could shift this read
Lower highs from 1.3261; tight Asian range 1.3203–1.3211.
Monday's pre-London spike to the 1.3261 monday high fully reversed as the oil-driven USD bid extended. The NY session breakdown stalled at 1.3202, just above the 1.3200 floor. Asia has compressed into a 9-pip band, and price is now pressing the asian high at 1.3211 with RSI(14) near 58.
Support: 1.3203, 1.3200
Resistance: 1.3211, 1.3227, 1.3261
What it said to watch
M15 close above the 1.3211 asian high opens a retest of the 1.3227 london low and the 38.2% fib zone
Failure to hold the 1.3203 asian low puts the 1.3200 floor back in play; a break would extend the lower-low sequence
BoE's Greene at 03:00 UTC and Fed's Waller at 07:45 UTC could break the Asian range
Tight 10-pip range after London-NY selloff; lower highs off 1.3261.
Monday's pre-London spike to 1.3261 met rejection as an oil-driven USD bid took hold, and lower highs through London and NY took the pair to a 1.3202 range low. Since then the pair has compressed in a 1.3202–1.3211 band just above the 1.3200 floor. Early Asia is trading inside it, with RSI(14) neutral near 48 and ATR(14) under 3 pips.
Support: 1.3202, 1.3200
Resistance: 1.3211, 1.3227
What it said to watch
M15 close below the 1.3200 floor ends the 13-session hold and confirms a downtrend extension
Reclaim of the 1.3211 range top opens a retest of the 1.3227 london shelf, near the 38.2% fib of the selloff
BoE's Greene at 03:00 UTC and Fed's Waller at 07:45 UTC could break the Asian compression
Tight ~10-pip range 1.3202–1.3211 after NY lower-low.
NY broke the london low at 1.3227 as the oil-driven USD bid extended, and the NY sell-off bottomed at 1.3202, just above the 1.3200 floor. Early Asia is holding a 1.3203–1.3211 range (asian low to asian high), with price sitting on EMA20 and only about 17% of the NY sell-off retraced.
Support: 1.3203, 1.3200
Resistance: 1.3211, 1.3227
What it said to watch
M15 close below the 1.3200 floor breaks the 13-session base and confirms a lower-low
Close above the asian high at 1.3211 opens a retrace toward the london low at 1.3227
BoE's Greene at 03:00 UTC and Fed's Waller at 07:45 UTC could break the Asian range
Post-selloff range 1.3202–1.3211, lower highs intact above.
Monday's pre-London spike to the 1.3261 day high reversed as an oil-driven USD bid built, and the NY-hours slide stalled at 1.3202, just above the 1.3200 floor. Early Asia is holding a 6-pip band between the 1.3205 asian low and the 1.3211 asian high, with price barely 12% into the fib of the day's drop and ATR down to about 3 pips.
Support: 1.32052, 1.3200
Resistance: 1.32112, 1.32266, 1.32612
What it said to watch
Close below the 1.3205 asian low puts the 1.3200 floor back in play; a break below it extends the lower-low sequence
Close above the 1.3211 asian high targets the 1.3227 lower high, then the 38.2% fib near 1.3224
Reclaiming the 50% fib at 1.3231 would challenge the downtrend read toward the 1.3261 day high
BoE Greene at 03:00 UTC and Fed Waller at 07:45 UTC could break the Asian range
Lower highs from 1.3261 into 1.3202 low; 8-pip base since.
Monday's London and NY sessions unwound the pre-London spike to 1.3261 as the oil-driven USD bid built, a sell-off of lower highs into the 1.3202 Monday low during NY hours. Price has since compressed in a 1.3203–1.3211 band into early Asia, just above the 1.3200 round number, RSI(14) neutral near 54.
Support: 1.3202, 1.3200
Resistance: 1.3211, 1.3224
What it said to watch
M15 close below the 1.3202 monday low and the 1.3200 round number breaks the 13-session floor
Acceptance above the 1.3211 asia high opens a retrace toward the 38.2% fib at 1.3224
BoE's Greene at 03:00 UTC and Fed's Waller at 07:45 UTC could break the current compression