GBP/USD AI Live Scan, 15-minute chart, Friday, 17 July 2026

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

20:47 UTC

Recovery off lows, momentum flat · RSI 50 · price 1.34528

Consolidating below session highs after bounce.

Late NY, cable clawed back off the 1.3426 swing low to stall at the 50% retracement near 1.3453, drifting sideways on fading volume into the close. USD stayed firm on safe-haven bids, keeping GBP capped below the 1.3460 session high.

Support: 1.3444, 1.34259

Resistance: 1.34597, 1.34806

What it said to watch

  • M15 close above 1.34597 session high opens the path back to 1.34806
  • Failure to hold 1.34440 reopens the 1.34259 swing low

20:46 UTC

Downtrend stalled, now ranging · RSI 49 · price 1.34528

Consolidation after recovery off 1.3426 low.

Cable sold off from 1.3478 to a 1.3426 low earlier on broad USD strength, then clawed back into a tight 1.3444–1.3460 band through late NY hours. Price is mid-range at 1.3453 with RSI(14) neutral and volume thinning into session close — no setup in play.

Support: 1.3444, 1.34259, 1.3450

Resistance: 1.34598, 1.3478

What it said to watch

  • M15 close below 1.34440 reopens the 1.34259 swing low
  • Close above 1.34598 session high resumes the recovery leg
  • UK jobs Tue 06:00 GMT is the next catalyst for cable direction

20:32 UTC

Downtrend, stabilising into range · RSI 53 · price 1.3454

Recovery off session low, now consolidating.

Cable sold off through London toward the 1.3426 session low on broad USD strength, then clawed back through NY to stall around the 1.3460 session high. Price is now consolidating just above the 1.3450 pivot with RSI(14) neutral near 53 and thin late-session volume.

Support: 1.3450, 1.3426

Resistance: 1.3460, 1.3480

What it said to watch

  • Close below 1.3450 pivot points back toward the 1.3426 session low
  • Reclaim of 1.3460 session high needed to extend the recovery toward 1.3480

20:31 UTC

Downtrend stalling into consolidation · RSI 52 · price 1.3454

Range after selloff, mid-range.

Cable slid from 1.3481 to a 1.3426 swing low during the London-NY selloff as USD drew safe-haven bids, then recovered into the 50% retrace and has consolidated 1.3450-1.3460 into the NY close. RSI(14) back to neutral near 52; the 1.3460 session high capped the rebound at the 61.8% fib.

Support: 1.3450, 1.3426

Resistance: 1.3460, 1.3481

What it said to watch

  • Close below 1.3450 reopens the 1.3426 swing low
  • Close above 1.3460 targets the 1.3481 prior high
  • UK jobs Tue 06:00 GMT could materially shift this read

20:16 UTC

Recovering off lows, momentum flat · RSI 57 · price 1.3456

Consolidation near session highs after a bounce from 1.3426.

Cable bottomed at 1.3426 during the NY session and clawed back to 1.3460, now coiling tightly around 1.3455 into the late-NY hours as a firm USD caps the topside. RSI(14) mid-range near 57; the 1.3450 floor held on the pullback and the session high at 1.3460 is the immediate cap.

Support: 1.3450, 1.3426

Resistance: 1.3460, 1.3466

What it said to watch

  • M15 close above 1.3460 opens the path to the 1.3466 prior high
  • Loss of the 1.3450 range floor exposes the 1.3426 swing low
  • UK jobs data Tue 06:00 UTC is the next material catalyst

20:16 UTC

Sideways after intraday recovery · RSI 56 · price 1.3456

Tight range near session mid.

Cable clawed back from the 1.3426 session low and is now consolidating in a tight 1.3445–1.3460 range, RSI(14) neutral near 56. USD firm on safe-haven flows keeps the recovery capped just under 1.3460; no setup in play into the Asia handover.

Support: 1.3445, 1.3426

Resistance: 1.3460, 1.3480

What it said to watch

  • M15 close above 1.3460 opens the path to the 1.3480 prior high
  • Loss of 1.3445 range floor re-exposes the 1.3426 session low
  • UK jobs Tue 06:00 UTC could materially shift this read

20:02 UTC

Recovery bounce, grinding higher · RSI 61 · price 1.3459

Higher low off session low, testing range top.

Late NY, Cable bounced off the 1.3426 session low and has ground back to 1.3459, roughly the 61.8% retrace of the earlier London-NY decline from 1.3481. Digest ties the two-day pullback to a firmer USD; price now consolidating just under 1.3460 having reclaimed EMA20/50.

Support: 1.3450, 1.3426

Resistance: 1.3460, 1.3480

What it said to watch

  • M15 close above 1.3460 opens the path toward 1.3480
  • Failure to hold 1.3450 range floor reopens 1.3426
  • UK jobs Tue 06:00 UTC could materially shift this read

20:02 UTC

Recovery off day low, grinding higher · RSI 62 · price 1.3459

Higher lows since 1.3426, pressing 1.3460 cap.

Cable ground back off the 1.3426 day low through the NY session to test session highs near 1.3460, USD losing some grip after its firm run. Micro higher-low chain intact, RSI(14) around 62 with price hugging the top of a tight 1.3450–1.3460 band.

Support: 1.3450, 1.3435, 1.3426

Resistance: 1.3460, 1.3480

What it said to watch

  • M15 close above 1.3460 opens the path back to 1.3480
  • Failure to hold 1.3450 reopens the 1.3426 day low
  • UK jobs Tue 06:00 UTC could materially shift this read

19:47 UTC

Recovering off session low, momentum flat · RSI 55 · price 1.3456

Tight consolidation near range top after NY bounce.

London session sold Cable to 1.3426 before the NY session recovered it back toward 1.3460, in line with the stalling GBP short-squeeze noted in the macro read. Price now consolidating tightly in the 1.3450-1.3460 band late in the NY session; RSI(14) mid-range near 55, no directional break in play.

Support: 1.3450, 1.34259

Resistance: 1.3460, 1.3480

What it said to watch

  • M15 close above 1.3460 opens the path back toward the 1.3480 prior high
  • Loss of the 1.3450 range floor exposes 1.3426 session low
  • UK jobs Tue 06:00 UTC could materially shift this read

19:46 UTC

Recovery off lows, momentum flat · RSI 56 · price 1.3456

Consolidating near top of recovery range.

Cable sold off from the 1.3480 session high to 1.3426 during the London session, then recovered to 1.3456 as USD steadied on risk-off flows. Now coiling in a tight 1.3450–1.3460 band into the NY afternoon, RSI mid-range with no momentum extreme.

Support: 1.3450, 1.3437, 1.3426

Resistance: 1.3460, 1.3480

What it said to watch

  • M15 close above 1.3460 opens the path back to the 1.3480 session high
  • Loss of 1.3450 range floor exposes 1.3437 then the 1.3426 swing low
  • UK jobs data Tue 06:00 UTC could materially shift this read

19:31 UTC

Downtrend cooling, recovered off lows · RSI 52 · price 1.34535

Tight consolidation after bounce.

Cable sold off through the London-NY session to a 1.3426 low, then recovered to 1.3460, in line with the stretched GBP squeeze pausing per market context. Price is now coiled in a tight 1.3450–1.3460 range late in NY, RSI(14) flat near 52 and ATR compressed to ~5 pips.

Support: 1.3450, 1.3426

Resistance: 1.3460, 1.3480

What it said to watch

  • M15 close below 1.3450 range floor opens a retest of the 1.3426 swing low
  • Close above 1.3460 session high extends the recovery toward 1.3480
  • UK jobs data Tue 06:00 UTC could materially shift this read

19:31 UTC

Recovered off lows, now flat · RSI 53 · price 1.34535

Tight consolidation near session high.

London slid to 1.3426 before NY reclaimed the level and pushed back to 1.34597; price has since coiled in a 10-pip band around 1.3453 into the late NY session. RSI(14) neutral near 53, no directional setup while 1.3450-1.3460 holds.

Support: 1.3450, 1.3426, 1.34259

Resistance: 1.34597, 1.3455

What it said to watch

  • Close above 1.34597 opens the path toward the 1.3556 cap
  • Break of 1.3450 range floor signals deeper consolidation
  • UK jobs Tue 06:00 UTC could reset this range

19:17 UTC

Recovery stalled, momentum flat · RSI 49 · price 1.34522

Tight consolidation near intraday highs.

Cable recovered off the 1.34259 session low and is now stuck in a tight late-NY consolidation between 1.3450 and 1.3456, RSI(14) flat near 49. USD firmness on risk-off flows is capping the bounce; range top respected repeatedly over the last two hours.

Support: 1.3450, 1.34259

Resistance: 1.3456, 1.34597

What it said to watch

  • M15 close below 1.3450 range floor opens the path back toward the 1.34259 session low
  • Close above 1.3456 range top would extend the recovery toward the 1.34597 session high
  • UK jobs Tue 06:00 UTC is the next major catalyst for this pair

19:17 UTC

Recovered off session low, now flat · RSI 47 · price 1.34522

Consolidating above 1.3450 floor after intraday selloff and bounce.

Cable was sold through the London-NY session from ~1.3479 to a session low of 1.34259, then recovered to 1.34597 into NY hours as USD firmness eased. Price is now coiling in a tight 1.3451-1.3456 band just above the 1.3450 floor with RSI neutral near 47.

Support: 1.3450, 1.34259

Resistance: 1.34597

What it said to watch

  • M15 close below 1.3450 opens the path back toward the 1.34259 session low
  • Reclaim of 1.34597 swing high would extend the recovery
  • UK jobs data Tue could reset this consolidation once cash reopens

19:02 UTC

Downtrend pausing, recovery off lows · RSI 56 · price 1.3454

V-recovery into tight consolidation above 1.3450.

NY afternoon has price coiling in a tight 1.3450–1.3460 band after recovering from the session low at 1.3426, part of the broader two-day give-back from 1.3556 as USD firmed. RSI(14) neutral near 56, momentum flat into the consolidation.

Support: 1.3450, 1.3437, 1.3426

Resistance: 1.3460, 1.3480, 1.3510

What it said to watch

  • M15 close below 1.3450 opens the path back toward 1.3426 session low
  • Break above 1.3460 extends the recovery toward 1.3480
  • UK jobs Tue 06:00 UTC could materially shift this read

19:01 UTC

Recovered off lows, now flat · RSI 54 · price 1.3454

Tight consolidation under 1.3460 after bounce from 1.3426.

Cable carved out a session low at 1.3426 mid-window then recovered through NY hours, stalling at 1.3460 and now coiling in a tight 1.3450–1.3456 band. USD safe-haven firmness is capping the bounce; RSI(14) neutral near 54 with no directional stretch.

Support: 1.3450, 1.3426

Resistance: 1.3460, 1.3480

What it said to watch

  • M15 close below 1.3450 range floor reopens the 1.3426 session low
  • Reclaim of 1.3460 swing high needed to extend the recovery toward 1.3480
  • UK jobs Tue 06:00 UTC could break this consolidation either way

18:47 UTC

Recovered off lows, now flat · RSI 54 · price 1.34533

V-recovery stalling near session high.

Cable sold off through the London-NY window to a swing low at 1.34259 before a rounded recovery back to the 1.34597 session high, in line with the USD firming on safe-haven flows. Price now flat around 1.34530, coiling just under the session high with RSI(14) neutral near 54.

Support: 1.3445, 1.34259

Resistance: 1.34597, 1.34806

What it said to watch

  • Close above 1.34597 session high extends the recovery toward 1.34806
  • Loss of 1.34450 range floor reopens the 1.34259 swing low

18:46 UTC

Recovery off lows, momentum easing · RSI 55 · price 1.34533

Higher lows into session-high consolidation.

Cable carved a rounded recovery off the 1.34259 session low through NY hours and is now consolidating 1.3450-1.3456 just under the session high. RSI(14) mid-range near 55; a firmer USD (Michigan sentiment beat, safe-haven bid) is capping the bounce below 1.3460.

Support: 1.3450, 1.34373, 1.34259

Resistance: 1.34597, 1.34674

What it said to watch

  • Close above 1.34597 opens the path to 1.34674
  • Loss of the 1.34500 range floor re-exposes 1.34259
  • UK jobs Tue 06:00 UTC could reset the read

18:31 UTC

Downtrend easing, NY recovery bounce · RSI 56 · price 1.34556

Recovering off session low, consolidating near 1.3455.

Cable sold off through the day to a 1.34259 session low, then staged an NY-session recovery back to 1.3455, in line with a stalling GBP short-squeeze as USD firmed. Price is now consolidating just above the 1.3450 range floor, RSI mid-range with momentum flattening.

Support: 1.3450, 1.34259

Resistance: 1.34597, 1.34806

What it said to watch

  • Close above 1.34597 session high opens the path back to the 1.34806 day high
  • Failure to hold the 1.3450 range floor exposes the 1.34259 session low
  • UK jobs Tue 06:00 UTC could materially shift this read

18:31 UTC

Recovering off session low, grind slowing · RSI 56 · price 1.34556

Higher lows off 1.3426, capped near 1.3460.

Cable clawed back from the 1.3426 session low through NY hours and is now consolidating just under the 1.3460 session high with RSI mid-range. Higher lows are intact but the push into resistance is stalling.

Support: 1.3450, 1.34259

Resistance: 1.3460, 1.3480

What it said to watch

  • M15 close above 1.3460 opens the path toward 1.3480
  • Loss of 1.3450 range floor reopens the 1.3426 session low
  • UK jobs Tue 06:00 UTC is the next material catalyst

18:17 UTC

Recovering off session low, now flat · RSI 53 · price 1.34534

Bounce from 1.3426 stalling below 1.3460 session high.

NY session recovered off the 1.3426 session low back to the 1.3460 session high, then went flat between 1.3451–1.3456 with RSI(14) parked mid-range. Price sits on the 50% retrace of the earlier drop from 1.3480; firmer USD on safe-haven bids and a strong Michigan sentiment beat capped the Cable bounce.

Support: 1.3450, 1.34373, 1.34259

Resistance: 1.34597, 1.34806

What it said to watch

  • Close below 1.3450 range floor reopens the 1.3426 session low
  • Close above 1.34597 session high extends the recovery toward 1.3480 prior high
  • UK jobs Tue 06:00 UTC could break this consolidation

18:16 UTC

Recovery off session low, momentum flat · RSI 56 · price 1.34534

Consolidating above 1.3445 floor after basing at 1.3426.

Cable based twice near 1.3426 during the NY session and recovered to consolidate around the 1.3445 range floor, now ~1.3453 with RSI(14) neutral near 56. The 1.34597 swing high caps the topside; move sits at the 50% retrace of the 1.3480–1.3426 drop.

Support: 1.3445, 1.34259

Resistance: 1.34597, 1.34797

What it said to watch

  • M15 close above 1.34597 opens the path back toward 1.3480 prior high
  • Loss of 1.3445 range floor exposes a retest of the 1.3426 session low

18:02 UTC

Recovering off lows, momentum flat · RSI 56 · price 1.34521

Consolidating below session high after mid-day low.

Cable sold off through the London session to a 1.34259 low, then ground back up into NY to reclaim the 1.3445 consolidation floor and stall below the 1.34597 session high. USD safe-haven firmness capped the recovery; price now hovering at 1.3452, mid the recent range with RSI cooling around 56.

Support: 1.3445, 1.34259

Resistance: 1.34597, 1.34806

What it said to watch

  • M15 close above 1.34597 opens the path back to the 1.34806 london high
  • Failure to hold 1.3445 re-exposes the 1.34259 swing low
  • USD-Iran headlines can shift this intraday read

18:01 UTC

Recovery off session low, now flat · RSI 49 · price 1.34521

Consolidating after down-leg and bounce.

Cable sold off through the London-NY session to a low of 1.3426 as the USD firmed on safe-haven flows, then recovered to consolidate between 1.3445 and 1.3460. Price is idling near 1.3452 late in NY hours, RSI(14) balanced around 49 with no momentum edge.

Support: 1.3445, 1.34259

Resistance: 1.3460, 1.34806

What it said to watch

  • M15 close above 1.3460 opens the path back toward the 1.3480 prior high
  • Loss of 1.3445 reopens the 1.3426 session low

17:47 UTC

Intraday recovery off session low, momentum flattening · RSI 53 · price 1.34513

Based near 1.3426, higher lows into NY afternoon, now consolidating.

Cable based near 1.3426 twice through the pullback then recovered into NY afternoon to 1.3459 before easing back to 1.3451. A firmer USD (Michigan sentiment beat, safe-haven bid) capped the bounce, leaving price coiling just above the 1.3450 range floor with RSI mid-range.

Support: 1.3450, 1.34259

What it said to watch

  • M15 close below 1.3450 opens a retest of the 1.3426 session low
  • Reclaim of 1.3459 session high needed to extend the recovery

17:47 UTC

NY recovery stalling near 1.3460 · RSI 50 · price 1.34513

Bounce off session low, easing back to range floor.

GBPUSD carved a NY recovery from the 1.3426 session low up to 1.3460, echoing a second day of give-back from the 1.3556 peak as USD firmed on safe-haven flows. That bounce is now stalling: price has eased back to the 1.3450 range floor with RSI(14) flat near 49, volatility thin into the late NY hours.

Support: 1.3450, 1.34421, 1.34259

Resistance: 1.34597, 1.34806

What it said to watch

  • M15 close below 1.3450 reopens the 1.3426 session low
  • Reclaim of 1.34597 needed to extend the NY recovery
  • UK jobs Tue 06:00 UTC is the next scheduled driver, well beyond this session

17:32 UTC

Recovery off session low, momentum firming · RSI 61 · price 1.34538

Double-bottom base, higher lows into consolidation.

NY session carved a double bottom near 1.3426 after the two-day pullback from 1.3556, and price has recovered to ~1.3454, roughly the 50% retrace of the earlier M15 decline. Buyers held the 1.3450 range floor and RSI sits mid-range; consolidating just under the 1.3460 session high with USD firm on safe-haven bids.

Support: 1.3450, 1.3428, 1.34259

Resistance: 1.3460, 1.3480

What it said to watch

  • Close above 1.3460 opens the path to 1.3480
  • Failure to hold 1.3450 reopens the 1.3428 swing low
  • UK jobs Tue 06:00 UTC could reset this read

17:31 UTC

Recovering off session low, momentum flattening · RSI 55 · price 1.34538

Higher lows since 1.3426, stalling under 1.3460.

Cable carved a session low at 1.34259 during the London session and has ground back up in a chain of higher lows to a session high of 1.34597, part of the wider two-day give-back from the 1.3556 peak. Late-NY hours see price stalling around 1.3454 just under that high, RSI(14) neutral near 55.

Support: 1.3450, 1.34373, 1.34259

Resistance: 1.34597, 1.34806

What it said to watch

  • M15 close above 1.34597 extends the recovery toward 1.3480
  • Failure to hold the 1.3450 range floor reopens the 1.34259 session low

17:17 UTC

Recovery off session low, momentum building · RSI 58 · price 1.34541

Higher lows since 1.34259, testing bounce high.

Cable recovered off the session low at 1.34259 through the London-NY session and now sits on the 50% fib of the 1.34806–1.34259 down-leg, RSI(14) mid-range. Session high 1.34597 is capping the bounce; USD firmed on safe-haven flows earlier, which drove the give-back.

Support: 1.34446, 1.34259

Resistance: 1.34597, 1.3470

What it said to watch

  • M15 close above 1.34597 opens the path to 1.34700
  • Failure to hold 1.34446 threatens a return to session low 1.34259
  • UK jobs Tue 06:00 UTC could materially shift this read

17:16 UTC

Recovering off session low, short-term up · RSI 60 · price 1.34541

Higher lows building after intraday decline.

NY session ground higher off the 1.34259 session low after a two-day pullback from the 1.3556 peak, with USD firming on safe-haven bids. Twin lows near 1.3428 held into the recovery; price now presses the 1.34600 session high with RSI(14) mid-range around 60.

Support: 1.3444, 1.34259

Resistance: 1.3460, 1.34806

What it said to watch

  • M15 close above 1.34600 opens the path back toward the 1.34806 prior high
  • Failure to hold 1.34440 swing low exposes the 1.34259 session low again

17:02 UTC

Intraday recovery, higher lows · RSI 62 · price 1.34561

Grinding up off session low, testing session high.

GBPUSD recovered through the NY session off the 1.34259 low, printing higher lows back to the session high at 1.34566 as the broader short-squeeze pullback stalls. Price holds above the 1.3445 range floor with RSI(14) firm near 62, not yet stretched.

Support: 1.3445, 1.34259

Resistance: 1.34566, 1.3479

What it said to watch

  • M15 close above 1.34566 opens the path toward 1.34790
  • Loss of 1.34450 range floor reopens the 1.34259 session low
  • UK jobs Tue 06:00 UTC is the next macro risk into this range

17:01 UTC

Recovery off session low, momentum easing · RSI 61 · price 1.34561

Higher lows since 1.3426, testing session high.

GBPUSD carved a session low at 1.34259 during the London-NY transition then recovered a chain of higher lows back to the session high near 1.34566, in line with the digest's stalling-then-basing tone. RSI(14) mid-60s, no extreme; price stalling just under the 1.34566 cap.

Support: 1.3442, 1.34259

Resistance: 1.34566, 1.3471

What it said to watch

  • M15 close above 1.34566 opens the path toward 1.3471
  • Failure to hold 1.3442 reopens the 1.34259 session low

16:47 UTC

Intraday downtrend, recovering off lows · RSI 56 · price 1.3453

Session low carved at 1.3426, grinding back to 1.3455.

Cable sold off through the London session to a low of 1.3426 as the USD firmed on safe-haven flows, then clawed back into the NY session to retest the 1.3450 range floor from above, now hovering at 1.3453. RSI(14) back near 56, momentum neutral after the recovery; price capped so far at the 1.3455 session high.

Support: 1.3450, 1.3426

Resistance: 1.3455, 1.3480

What it said to watch

  • M15 close above 1.3455 opens the path back toward 1.3480
  • Failure to hold 1.3450 re-exposes the 1.3426 session low
  • UK jobs Tue 06:00 UTC could break this 1.3450 consolidation

16:47 UTC

Downtrend basing, recovery underway · RSI 55 · price 1.3453

Session low set, higher lows forming.

Cable sold off through London to a session low at 1.3426, then based and recovered into NY toward 1.3455 as a firmer USD drew haven bids. Higher lows since 1.3426, RSI(14) back to mid-range; the 1.3450 round-number range floor is now acting as pivot.

Support: 1.3437, 1.3426

Resistance: 1.3455, 1.3480

What it said to watch

  • M15 close above 1.3455 opens the path toward the 1.3480 prior high
  • Failure to hold 1.3437 swing low reopens the 1.3426 session low

16:32 UTC

Downtrend, bounce off lows · RSI 55 · price 1.34521

Session low reclaimed, ranging 1.3442-1.3454.

London hours drove Cable down to 1.34259 as USD firmed on safe-haven flows, then NY recovered the move back to 1.3454. Price now ranging 1.3442-1.3454 with RSI mid-50s; supply capped attempts at the 1.34546 session high.

Support: 1.3442, 1.34259

Resistance: 1.34546, 1.3467

What it said to watch

  • M15 close above 1.34546 opens the path to 1.3467
  • Failure to hold 1.3442 reopens the 1.34259 session low
  • UK jobs Tue 06:00 UTC is the next major catalyst for this pair

16:32 UTC

Downtrend cooling, recovery off session low · RSI 53 · price 1.34521

Lower-high chain, basing above 1.3426 low.

GBPUSD sold through the NY session to a low of 1.3426, extending the fade from the 1.3556 peak as USD firmed on safe-haven bids. Price has since based and recovered to 1.3452, stalling right at the 50% retracement of the 1.3480–1.3426 leg; RSI(14) back to mid-range near 53.

Support: 1.3435, 1.3426

Resistance: 1.3454, 1.3480

What it said to watch

  • M15 close above 1.3454 opens a run at the 1.3480 prior high
  • Failure to hold 1.3426 confirms a fresh lower-low
  • UK jobs Tue 06:00 UTC could break the 1.3450 consolidation floor

16:17 UTC

Downtrend stalling, bounce off lows · RSI 53 · price 1.34487

Session low held, higher lows forming.

Cable carved a session low at 1.3426, double-bottomed and rebounded to 1.3454 during NY hours before easing back to ~1.3449 with RSI(14) neutral. Fits the stretched GBP short squeeze pausing as USD firms on safe-haven flow.

Support: 1.34421, 1.34259, 1.3400

Resistance: 1.34546, 1.34806

What it said to watch

  • M15 close below 1.3426 confirms a lower low and reopens the 1.3400 handle
  • Reclaim of 1.3454 exposes the 1.3480 prior high
  • 1.3421 higher-low pivot holding keeps the recovery intact

16:17 UTC

Downtrend, stabilising after bounce · RSI 53 · price 1.34487

Lower highs into 1.3426 low, now ranging.

GBPUSD sold off through the London-NY session from 1.3480 to a 1.3426 low as the USD firmed on safe-haven bids, part of the second-day Cable give-back. Buyers stepped in at 1.3426 and price has since recovered into a 1.3442-1.3454 range, RSI back near neutral.

Support: 1.3442, 1.3426

Resistance: 1.3454, 1.3480

What it said to watch

  • M15 close below 1.3442 recent floor reopens the 1.3426 session low
  • Reclaim of 1.3454 session high needed to challenge 1.3480 prior high

16:02 UTC

Downtrend fading, bounce underway · RSI 48 · price 1.3445

Recovery off session low, consolidating.

London hours dragged Cable from ~1.3480 to a 1.3426 swing low as the USD firmed on safe-haven flows, before NY buyers stepped in twice around 1.3427 and lifted price to 1.3454. Now consolidating near 1.3445, RSI(14) back to neutral after the bounce off the double-bottom base.

Support: 1.3427, 1.3408

Resistance: 1.3454, 1.3480

What it said to watch

  • M15 close below 1.3427 confirms a lower low and resumes the downtrend
  • Reclaim of 1.3454 then 1.3480 needed to negate the down-leg
  • UK jobs Tue 06:00 UTC is the next scheduled catalyst

16:01 UTC

Downtrend, recovering off lows · RSI 50 · price 1.3445

Session selloff then bounce, consolidating below session high.

GBPUSD sold off through the NY session from ~1.3480 to a 1.3426 swing low as USD drew a safe-haven bid, then recovered to a 1.3454 session high and is now consolidating around 1.3445. Twin lows near 1.3426 held before the bounce; price is retracing about half the down-leg.

Support: 1.3426, 1.3440, 1.3400

Resistance: 1.3454, 1.3480

What it said to watch

  • M15 close above 1.3454 opens the path back to the 1.3480 prior high
  • Failure to hold 1.3426 confirms a lower low and reopens 1.3400
  • UK jobs Tue 06:00 UTC is the next scheduled risk for the pair

15:47 UTC

Downtrend, bounce underway · RSI 53 · price 1.34455

Session low base, recovering into NY.

Cable sold off through the day from 1.3480 to a session low at 1.3426, carving a double bottom before rebounding ~28 pips into the NY session. Price stalled at the 1.3454 bounce high and eased back to 1.3446; RSI recovered to the low-50s off oversold. USD firmness on safe-haven flows is the backdrop to the earlier leg down.

Support: 1.3426, 1.3400

Resistance: 1.3454, 1.3480

What it said to watch

  • Close above 1.3454 opens the path back toward 1.3480 prior high
  • Loss of 1.3426 session low confirms a fresh lower low

15:47 UTC

Downtrend, stabilising · RSI 52 · price 1.34455

Sold off then consolidating above session low.

Cable sold off through the session from ~1.3480 to a session low at 1.3426 as the USD drew a safe-haven bid, then clawed back to consolidate 1.3445–1.3454. Price has retraced roughly half the down leg and is now pinned around EMA50 with RSI(14) back near 50 — no directional edge in play.

Support: 1.3445, 1.34259

Resistance: 1.3454, 1.3480

What it said to watch

  • M15 close above 1.3454 opens a retest of the 1.3480 swing high
  • Failure to hold 1.3445 exposes the 1.3426 session low again
  • UK jobs Tue 06:00 UTC could break this consolidation

15:32 UTC

Recovery off session low, momentum steadying · RSI 59 · price 1.34533

Based at 1.3426, higher lows into session high.

Cable based around 1.3426 through the London-NY transition and recovered to press the 1.3454 session high, now stalling right at the 50% retrace of the drop from 1.3481. USD safe-haven bid on Mideast risk-off is capping the bounce; RSI(14) sits mid-range.

Support: 1.3445, 1.34259

Resistance: 1.34544, 1.34597

What it said to watch

  • M15 close above 1.34544 session high opens the 61.8% fib at 1.3460
  • Loss of 1.34450 intraday low reopens the 1.3426 swing low
  • 1.3450 pivot per broader range read — holding keeps the 1.3450-1.3520 band intact

15:32 UTC

Downtrend, NY bounce underway · RSI 58 · price 1.34533

Double bottom near 1.3428, higher lows building.

Cable sold through London to a 1.34259 session low, then the NY session carved a double bottom near 1.3428 and reclaimed 1.3450 with USD firm on Mideast risk-off per the macro read. Price now sits at the 50% retrace of the 1.34806-1.34259 leg, testing the 1.34544 session high.

Support: 1.34426, 1.34259

Resistance: 1.34544, 1.3466

What it said to watch

  • M15 close above 1.34544 opens the 1.34660 swing high
  • Failure to hold 1.34426 pullback low re-exposes the 1.34259 session low
  • USD safe-haven headlines on US-Iran could shift this read intraday

15:02 UTC

Downtrend, NY bounce off lows · RSI 51 · price 1.3446

Lower highs, recovery from session low.

Cable ground lower through London to a 1.3426 session low as USD held a safe-haven bid, then NY buyers lifted it back to a 1.3454 session high before easing to 1.3446. Price now sits between the down-trendline and the 1.3426 base, RSI(14) back to neutral near 51.

Support: 1.3426, 1.3400

Resistance: 1.3454, 1.3480

What it said to watch

  • M15 close above 1.3454 breaks the down-trendline and opens 1.3480
  • Failure to hold 1.3426 resumes the lower-low sequence toward 1.3400
  • UK labour data Tue 06:00 UTC is the next major GBP catalyst

15:02 UTC

Downtrend, bounce underway · RSI 50 · price 1.3446

Session low swept, recovering.

Cable trended down through the session from 1.3489 to a session low of 1.3426 on the USD safe-haven bid, then buyers stepped in sharply on the highest-volume bars to reclaim 1.3454 before easing back to 1.3446. RSI(14) has recovered to mid-range from the bounce; the recent swing high at 1.3454 caps the recovery for now.

Support: 1.3440, 1.3426

Resistance: 1.3454

What it said to watch

  • M15 close above 1.3454 extends the recovery and negates the intraday down leg
  • Failure to hold 1.3440 reopens the 1.3426 session low
  • 1.3450 is the digest pivot — break below keeps consolidation in play

14:47 UTC

Downtrend stalling, intraday recovery · RSI 57 · price 1.3453

Based at session low, testing session high.

Cable sold off through the NY session to a low of 1.34259 before buyers stepped in twice around 1.3428-1.3440, driving a recovery to the session high at 1.3454 where price now sits. The bounce comes with USD safe-haven demand capping Sterling below 1.3550; RSI(14) has recovered to the mid-50s from oversold territory.

Support: 1.3440, 1.34259, 1.3400

Resistance: 1.3454, 1.34675, 1.34806

What it said to watch

  • M15 close above 1.34540 session high opens the path toward 1.34675
  • Failure to hold 1.34400 re-exposes the 1.34259 session low
  • USD safe-haven flows on US-Iran headlines could cap the recovery

14:46 UTC

Intraday downtrend, bouncing · RSI 57 · price 1.3453

Recovery off session low, testing pivot.

GBPUSD sold off through the European-NY hours to a 1.3426 session low as USD safe-haven demand weighed, then double-bottomed and reclaimed the 1.3450 pivot flagged in the digest. Price is now pressing the 1.3454 session high, right at the 50% retrace of the down leg; RSI(14) has recovered toward the mid-50s.

Support: 1.3450, 1.3426

Resistance: 1.3454, 1.3480

What it said to watch

  • Hold above the 1.3450 pivot keeps the recovery intact; failure back below reopens the 1.3426 session low
  • M15 close above 1.3480 prior high invalidates the intraday downtrend read

14:32 UTC

Intraday downtrend, recovering off lows · RSI 56 · price 1.3450

Lower highs into session low, base forming.

Cable sold off through the European morning to a session low at 1.3426, then twice held that zone before a sharp NY-hours recovery to 1.3450 as the USD safe-haven bid faded. Recovery reclaimed EMA20/50, RSI(14) back near 56 from mid-40s; recent high at 1.3454 caps the bounce.

Support: 1.3426, 1.3400

Resistance: 1.3454, 1.3480

What it said to watch

  • M15 close below 1.3426 confirms a fresh lower low and reopens 1.3400
  • Reclaim of 1.3454 exposes the 1.3480 swing high
  • Michigan sentiment / inflation expectations (14:00 UTC) can shift USD tone in the next bars

14:32 UTC

Intraday downtrend, bouncing · RSI 58 · price 1.3450

Lower lows into session low, recovering off 1.3426.

London-into-NY decline printed lower lows to a session low of 1.34259 before buyers stepped in; Cable has recovered to 1.345 into the NY afternoon, firming as USD gains faded after the Michigan sentiment read. The bounce broke the intraday descending resistance, with RSI(14) lifting off oversold on a shallow bullish divergence.

Support: 1.3434, 1.34259, 1.3400

Resistance: 1.3454, 1.34675

What it said to watch

  • M15 close above 1.3454 recent high opens the path to 1.34675
  • Failure to hold 1.3434 reopens the 1.34259 session low
  • UK labour data Tue 06:00 UTC is the week's GBP catalyst

14:17 UTC

Intraday downtrend, bouncing · RSI 61 · price 1.34476

Session low carved, recovery in progress.

Cable ground lower through the session from 1.3510 to a session low at 1.3428, pressured by a USD safe-haven bid and a soft UK Industrial Production print. NY hours have produced a ~30-pip recovery back to 1.34476, reclaiming the EMA20; RSI(14) has lifted off the lows into the low 60s.

Support: 1.3428, 1.3435

Resistance: 1.3454, 1.3470

What it said to watch

  • Close above 1.34540 session high opens the path to the 1.34700 prior swing
  • Failure to hold 1.34280 session low resumes the intraday downtrend
  • Michigan sentiment (14:00 UTC) could shift USD bid and this read

14:17 UTC

Downtrend, bouncing off lows · RSI 58 · price 1.34476

Lower highs into 1.3426 base, corrective bounce.

Cable ground lower through the London-NY session to a 1.3426 swing low as the USD drew a safe-haven bid, before a corrective bounce into NY afternoon lifted price back to 1.3448. RSI(14) recovering from the low-40s and price now above EMA20; session high at 1.3454 caps the bounce so far.

Support: 1.3426, 1.3435

Resistance: 1.3454, 1.3480

What it said to watch

  • M15 close above 1.3454 session high extends the bounce toward 1.3480 prior high
  • Loss of the 1.3426 swing low resumes the downtrend
  • Michigan sentiment / US-Iran headlines could reprice the USD safe-haven bid this session

14:02 UTC

Intraday downtrend, recovering late · RSI 59 · price 1.34517

Lower lows into session low, sharp bounce off 1.34259.

Cable ground lower through the session to a low of 1.34259 as the USD drew a safe-haven bid, then snapped back through the 1.3450 round number in the last hour of NY trade. Price is now retracing roughly half of the 1.34806-1.34259 down-leg with RSI(14) near 59 off its lows.

Support: 1.3450, 1.3440, 1.34259

Resistance: 1.3460

What it said to watch

  • Close back below 1.34400 reopens the 1.34259 session low
  • Sustained move above 1.34600 challenges the descending intraday highs
  • US Michigan sentiment / inflation expectations (14:00 UTC) could shift the USD read

14:02 UTC

Intraday downtrend, bouncing off session low · RSI 60 · price 1.34517

Higher lows building off 1.3426 low.

Cable spent the London-NY session grinding lower toward the 1.3426 session low before demand stepped in twice, carving a double bottom and lifting price back to 1.3452 into NY hours. The bounce follows a second-day slide driven by USD safe-haven flows and a soft UK Industrial Production print; RSI(14) has recovered off oversold as the lower low failed to extend.

Support: 1.3440, 1.34259, 1.34351

Resistance: 1.34519, 1.34674

What it said to watch

  • Reclaim and hold above 1.34519 opens the path back toward the 1.3467 swing high
  • Failure to hold 1.34400 re-exposes the 1.3426 session low and negates the recovery
  • US Michigan sentiment / inflation expectations (14:00 UTC) could shift this read

13:46 UTC

Downtrend, momentum fading · RSI 49 · price 1.34426

Lower lows into session low, sharp bounce on last bar.

M15 ground lower through the NY session, printing a session low at 1.3426 as the USD drew safe-haven support from US-Iran headlines. The last bar snapped back to 1.3446 on the heaviest volume of the window, reclaiming EMA20 with RSI(14) recovering to ~49 — first sign of the descent stalling.

Support: 1.34259, 1.3435

Resistance: 1.34465

What it said to watch

  • Close above 1.3446 recent high breaks the descending channel and negates the lower-low sequence
  • Failure to hold 1.3426 session low confirms continuation lower
  • UoM sentiment + inflation expectations at 14:00 UTC could shift this read within the next bar

13:46 UTC

Downtrend, bounce off session low · RSI 50 · price 1.34426

Lower highs, lower lows; sharp reclaim on last two bars.

Cable ground lower through the London-NY session to a session low of 1.34259 as the USD held a safe-haven bid, before a sharp two-bar recovery lifted price back to 1.34426. RSI(14) has climbed off oversold to the midline; the 1.34465 recent high is the first cap.

Support: 1.34259, 1.34321

Resistance: 1.34465, 1.34527

What it said to watch

  • M15 close above 1.34527 breaks the lower-high sequence
  • Failure to hold 1.34259 confirms continuation lower
  • UoM sentiment + inflation expectations 14:00 UTC could shift the USD bid

13:31 UTC

Downtrend, momentum slowing · RSI 43 · price 1.34332

Lower highs and lows, consolidating near session low.

Cable ground lower through the London-NY sessions from 1.3517 to a session low at 1.34259 as a firmer USD drew safe-haven bids on Mideast risk-off. Price now consolidating 1.3430-1.3446 with RSI(14) in the mid-40s; the bounce high at 1.34465 caps for now.

Support: 1.34259, 1.3400

Resistance: 1.34465, 1.34806

What it said to watch

  • M15 close above 1.34465 opens the path back to 1.34806
  • Break below 1.34259 extends the down-leg toward 1.3400
  • UoM sentiment + inflation expectations at 14:00 UTC could shift this read

13:31 UTC

Downtrend, momentum slowing · RSI 42 · price 1.34332

Lower highs, lower lows, basing near session low.

Cable ground lower through NY hours in a clean downtrend, giving back rally as a firmer USD drew safe-haven bids. Price now consolidating just above the 1.34259 session low with RSI(14) mid-range; lower highs still capping into the 1.3446 area.

Support: 1.34259, 1.34308

Resistance: 1.34465, 1.3450

What it said to watch

  • UoM Michigan sentiment/inflation expectations at 14:00 UTC (~30m) could shift this read
  • M15 close below 1.34259 confirms continuation of the lower-low sequence
  • Reclaim of 1.34465 breaks the descending lower-highs line

13:16 UTC

Downtrend, momentum easing · RSI 44 · price 1.34339

Lower highs, lower lows.

Cable ground lower through the NY session from 1.3512 to sub-1.3440 as a firmer safe-haven USD capped the fiscal-driven squeeze. Price now consolidating just above the 1.3426 swing low with RSI(14) in the mid-40s; the descending resistance line off 1.3481 remains intact.

Support: 1.34259, 1.34281

Resistance: 1.34465, 1.34527, 1.3474

What it said to watch

  • M15 close below 1.34259 extends the lower-low sequence
  • Close above 1.34465 breaks the descending resistance line
  • UoM sentiment + inflation expectations at 14:00 UTC could shift this read

13:16 UTC

Downtrend, momentum stalling · RSI 44 · price 1.34339

Lower highs, basing above session low.

Cable ground lower through the NY session, sliding from 1.3512 to a 1.34259 session low as a firmer safe-haven USD drew bids on Middle East risk-off flows. Price is now basing in a tight 1.3431–1.3440 range below both EMAs, RSI(14) recovering off oversold toward the mid-40s.

Support: 1.34259, 1.34308

Resistance: 1.34465, 1.3450, 1.34806

What it said to watch

  • M15 close below 1.34259 extends the lower-low sequence
  • Reclaim of 1.34465 challenges the descending lower-high structure
  • UoM sentiment/inflation expectations (14:00 UTC) could break this consolidation

13:01 UTC

Downtrend, pausing near lows · RSI 42 · price 1.34329

Lower highs, lower lows; consolidating above session low.

Cable ground lower through the London-NY window as a firmer safe-haven USD dragged it off the 1.3517 area to a 1.3426 session low. Price is now consolidating around 1.3433 below EMA20/50, with the last bounce capped at 1.3446.

Support: 1.34259, 1.3400

Resistance: 1.34465, 1.3450, 1.34806

What it said to watch

  • UoM sentiment/inflation expectations at 14:00 UTC (~1h out) could shift this read
  • M15 close below 1.3426 extends the lower-low sequence
  • Reclaim of 1.3446 breaks the descending structure

13:01 UTC

Downtrend, momentum slowing · RSI 44 · price 1.34329

Lower highs, lower lows; basing near session low.

Cable ground lower through the NY session, sliding from 1.3480 to a 1.34259 low as a firmer USD drew safe-haven bids on Middle East risk-off. Price is now basing just above that low, RSI(14) mid-40s and below both EMAs; the 1.34465 swing high capped the last bounce.

Support: 1.34259, 1.3430

Resistance: 1.3440, 1.34465, 1.34806

What it said to watch

  • M15 close below 1.34259 confirms a fresh lower-low and extends the downtrend
  • Reclaim of 1.34465 would neutralise the intraday downtrend
  • UoM sentiment/inflation expectations (14:00 UTC, ~1h out) could shift USD and this read

12:46 UTC

Downtrend, momentum slowing · RSI 42 · price 1.34315

Lower highs, lower lows into NY.

Cable ground lower through the London-NY session, printing a fresh session low at 1.34259 as a firmer USD drew safe-haven bids. The bounce to 1.34465 was rejected and price is back below 1.3435; RSI(14) hovering low-40s with no reversal signal yet.

Support: 1.34259, 1.3400

Resistance: 1.34465

What it said to watch

  • M15 close back above 1.34465 breaks the lower-high sequence
  • Loss of 1.34259 confirms continuation lower toward 1.3400
  • USD safe-haven flows on Middle East headlines could extend the slide

12:46 UTC

Downtrend, near session low · RSI 43 · price 1.34315

Lower highs, lower lows.

Cable ground lower through the NY session to a session low at 1.3426 as a firmer USD drew safe-haven bids on Middle East risk-off. A bounce to 1.3446 was rejected and price is back pressing the lows, RSI(14) mid-40s with no divergence yet.

Support: 1.3426, 1.3400

Resistance: 1.3446

What it said to watch

  • Close below 1.3426 opens the path to 1.3400 round number
  • Reclaim of 1.3446 bounce high needed to ease downside pressure
  • US UoM sentiment/inflation-expectations (14:00 UTC) could shift USD and move Cable

12:31 UTC

Downtrend, momentum easing · RSI 42 · price 1.34341

Lower highs, lower lows.

Cable slid through the NY session to a session low of 1.34259 on the USD safe-haven bid, printing a clean chain of lower highs. The bounce to 1.34465 was rejected and price is pulling back toward the mid-1.3430s with RSI(14) around 41.

Support: 1.34259, 1.3420

Resistance: 1.34465, 1.3450

What it said to watch

  • M15 close above 1.34465 breaks the lower-high sequence
  • Loss of 1.34259 confirms a fresh lower low
  • US UoM sentiment/inflation expectations 14:00 UTC could shift the USD-led read

12:31 UTC

Downtrend, momentum easing · RSI 43 · price 1.34341

Lower highs, lower lows; bounce off 1.3426.

Cable ground lower through the NY session, printing a fresh session low at 1.3426 on USD safe-haven demand before a shallow bounce to 1.3446 was rejected. Price sits back near 1.3434 below both EMAs; RSI(14) around 43 with no divergence.

Support: 1.34259, 1.3420

Resistance: 1.34465, 1.3450

What it said to watch

  • UoM sentiment/inflation expectations at 14:00 UTC could shift this read
  • Break below 1.3426 confirms a lower low
  • M15 close above 1.3446 breaks the lower-high chain

12:16 UTC

Downtrend, momentum slowing · RSI 44 · price 1.3436

Lower highs, lower lows; bounce off session low.

Cable ground lower through the London-NY session into 1.3426, USD drawing safe-haven bid on Middle East escalation rather than sterling-specific weakness. Buyers stepped in at the 1.3426 low and pushed back to 1.3446 before fading to 1.3436; price still trades below EMA20/50 with RSI(14) recovering off the mid-40s.

Support: 1.3426, 1.3400

Resistance: 1.3450

What it said to watch

  • M15 close above 1.3450 pivot would break the descending structure
  • Failure to hold 1.3426 opens the path to 1.3400
  • US UoM sentiment/inflation expectations at 14:00 UTC could shift this read

12:16 UTC

Downtrend, momentum easing · RSI 43 · price 1.3436

Lower highs, lower lows; minor bounce off session low.

Cable ground lower through the London session, printing a fresh session low at 1.3426 before a shallow bounce back to 1.3436 — a dollar-led drift on safe-haven bid, not sterling weakness. Price holds below EMA20/50 with RSI near 42; the 1.3450 pivot caps the recovery so far.

Support: 1.3426, 1.3400

Resistance: 1.3450

What it said to watch

  • M15 close below 1.3426 confirms another lower low toward 1.3400
  • Reclaim of the 1.3450 pivot would neutralise the intraday downtrend
  • US UoM sentiment/inflation expectations at 14:00 UTC could shift this read

12:01 UTC

Downtrend, USD-led selloff · RSI 44 · price 1.34389

Lower highs, lower lows into session low.

Cable ground lower through the London-NY window on USD safe-haven bid, printing a chain of lower highs down to the session low at 1.34259, price holding below EMA20/50. A modest bounce off that low stalled near 1.34465; the 1.3450 pivot caps the recovery for now.

Support: 1.34259, 1.3400

Resistance: 1.34465, 1.3450

What it said to watch

  • M15 close back above 1.3450 pivot would neutralise the intraday downtrend
  • Break below 1.34259 session low extends the leg toward 1.3400 psych
  • UoM sentiment/inflation expectations at 14:00 UTC could shift the USD read

12:01 UTC

Downtrend, momentum easing · RSI 44 · price 1.34389

Lower highs, lower lows; bounce off session low.

Cable ground lower through the London-NY session, printing a low at 1.34259 before a modest bounce to 1.34389 on USD safe-haven bid. Sequence of lower highs stays intact under the 1.34465 swing high; RSI(14) recovering off oversold territory.

Support: 1.34259, 1.3420

Resistance: 1.34465

What it said to watch

  • M15 close above 1.34465 breaks the lower-high sequence
  • Loss of 1.34259 extends the downtrend toward 1.34200
  • US UoM sentiment/inflation expectations at 14:00 UTC could shift this read

11:46 UTC

Downtrend, bouncing off session low · RSI 43 · price 1.34399

Lower highs, lower lows; bounce from 1.3426.

Cable ground lower through the London-NY window, selling from 1.3480 to a session low of 1.3426 before a shallow bounce back to 1.3440. USD safe-haven bid on the Iran story is driving the fade; RSI(14) recovering from a sub-40 dip but price still capped under the descending highs.

Support: 1.34259, 1.34321

Resistance: 1.34465

What it said to watch

  • M15 close above 1.34465 breaks the descending sequence
  • Failure to hold 1.34259 confirms a fresh lower low
  • UoM sentiment + inflation expectations at 14:00 UTC could shift this read

11:46 UTC

Downtrend, giving back rally · RSI 44 · price 1.34399

Lower highs, lower lows.

Cable ground lower through the London session in a stair-step decline, printing a session low at 1.34259 before a shallow bounce to 1.34465 stalled — move is USD-led on safe-haven demand, not sterling weakness. Price sits below EMA20/50 at 1.34399 with RSI(14) mid-40s, no oversold reset yet.

Support: 1.34259, 1.3400

Resistance: 1.34465

What it said to watch

  • Loss of 1.34259 session low confirms next lower-low toward 1.3400 psych
  • Reclaim of 1.34465 recent high needed to break the descending sequence
  • US UoM sentiment/inflation expectations 14:00 UTC could shift this read

11:31 UTC

Downtrend, bounce underway · RSI 43 · price 1.34395

Lower highs, lower lows into NY session.

Cable ground lower through the London-NY session on the USD safe-haven bid, sweeping the swing low at 1.34259 before a modest bounce to 1.34395. RSI(14) recovering off oversold near 43; price still below EMA20/50 with the 1.34445 bounce high capping so far.

Support: 1.34259, 1.3400

Resistance: 1.34445, 1.3450

What it said to watch

  • Reclaim of the 1.3450 pivot would ease the downside pressure
  • Break below 1.34259 swing low confirms continuation lower
  • UoM sentiment + inflation expectations at 14:00 UTC could shift this read

11:31 UTC

Downtrend, bouncing off lows · RSI 41 · price 1.34395

Lower highs and lower lows, testing session low.

Cable ground lower through the NY session in a steady downtrend, printing a fresh session low at 1.34259 as USD held a safe-haven bid on US-Iran escalation. Last two bars bounced off that low with RSI(14) recovering from the mid-30s, but price stays capped under the 1.3450 pivot flagged by desks.

Support: 1.34259, 1.34308

Resistance: 1.3450

What it said to watch

  • M15 close back above 1.34500 pivot would ease the downside pressure
  • Break below 1.34259 confirms the next lower-low
  • UoM sentiment + inflation expectations 14:00 UTC could shift the USD bid

11:16 UTC

Downtrend, steady lower lows · RSI 38 · price 1.3437

Chain of lower highs / lower lows.

Cable ground lower through the London session, dragged by a broad USD safe-haven bid, printing a fresh session low at 1.34259 before a shallow bounce to 1.3437. RSI(14) near 38 as the sell-off cools; price still capped under EMA20/50 with lower highs intact.

Support: 1.34259, 1.3400

Resistance: 1.3444

What it said to watch

  • Reclaim of 1.34440 needed to break the lower-high chain
  • Loss of 1.34259 confirms continuation toward 1.3400
  • UoM sentiment + inflation expectations at 14:00 UTC could shift the USD bid

11:16 UTC

Downtrend, steady · RSI 39 · price 1.3437

Lower highs, lower lows.

Cable dripped lower through the London-NY transition to a session low at 1.3426 as the USD held a safe-haven bid, printing a clean chain of lower highs from 1.3481. Price ticks at 1.3437 below both EMAs; RSI(14) near 38, not yet oversold.

Support: 1.3426, 1.3400

Resistance: 1.3450, 1.3470, 1.3481

What it said to watch

  • M15 close back above 1.3470 breaks the descending sequence of lower highs
  • Failure to hold 1.3426 confirms continuation lower toward the 1.3400 round number
  • UoM sentiment + inflation expectations at 14:00 UTC could shift this read

11:01 UTC

Downtrend, extended · RSI 34 · price 1.34331

Lower highs, lower lows.

Cable ground lower through the NY session, breaking below the 1.3460 base as USD safe-haven bid dominated, printing a fresh session low at 1.34259. RSI(14) near 34, not yet oversold; ATR(14) ~7 pips keeps moves contained. Last bar stalled just off the low with no reversal signal in play.

Support: 1.34259, 1.3400

Resistance: 1.34437, 1.34527

What it said to watch

  • Close below 1.34259 extends the lower-low sequence toward 1.3400
  • Reclaim of 1.3450 needed to stall the downtrend structure
  • UoM sentiment/inflation expectations at 14:00 UTC could shift this read

11:01 UTC

Downtrend, extending lower · RSI 34 · price 1.34331

Lower highs, lower lows into session low.

Cable ground down through the NY session to a fresh session low at 1.34259 as USD safe-haven bid on Middle East headlines dragged price off the 1.3480 stall, RSI(14) near 33. A clean chain of lower highs and lower lows keeps price pinned below EMA20/50 with no basing yet.

Support: 1.34259, 1.3420

Resistance: 1.34437, 1.3450

What it said to watch

  • Break below 1.34259 confirms continuation of the lower-low sequence
  • Reclaim of 1.34500 psych would neutralise the intraday downtrend
  • UoM sentiment/inflation expectations at 14:00 UTC could materially shift this read

10:46 UTC

Downtrend, extending lows · RSI 32 · price 1.34318

Lower highs, lower lows.

Cable extended a second day lower into the NY session, printing fresh session lows near 1.3430 as the USD safe-haven bid off US-Iran headlines dragged the pair down from the 1.3517 top. Structure is a clean chain of lower highs and lower lows with RSI(14) subdued around 31, not yet at extreme.

Support: 1.34308, 1.3430

Resistance: 1.34437, 1.34675, 1.34806

What it said to watch

  • Reclaim of 1.34437 would break the lower-high sequence
  • Failure to hold 1.34300 confirms continuation lower
  • UoM sentiment/inflation expectations at 14:00 UTC could shift USD tone

10:46 UTC

Downtrend, extending lows · RSI 29 · price 1.34318

Lower highs and lower lows, at session low.

Cable ground lower through the London session, printing a fresh session low at 1.34308 as USD safe-haven flows on Middle East headlines kept GBP heavy. Clean lower-high, lower-low chain since the 1.34806 rejection; RSI(14) near 29, oversold but no reversal signal yet.

Support: 1.34308, 1.3400

Resistance: 1.34437, 1.34806

What it said to watch

  • Reclaim of 1.34437 needed to break the lower-high chain
  • Loss of 1.34000 round number extends the down leg
  • UoM sentiment/inflation expectations at 14:00 UTC could shift USD tone

10:31 UTC

Downtrend, lower highs and lows · RSI 34 · price 1.34342

Stair-step decline, consolidating near lows.

Cable ground out a fresh session low at 1.34335 through the NY session as USD safe-haven bid on Middle East escalation kept the pair heavy; RSI(14) near 34, not yet oversold. Last few bars are consolidating just above the low with no reclaim of the 1.34440 lower high.

Support: 1.34335, 1.3430

Resistance: 1.3444

What it said to watch

  • Break below 1.34335 confirms continuation of lower-lows
  • M15 close back above 1.34440 breaks the descending sequence
  • US UoM sentiment / inflation expectations at 14:00 UTC could shift USD tone

10:31 UTC

Downtrend, fresh session lows · RSI 36 · price 1.34342

Lower highs and lower lows.

Cable ground lower through the London session, printing fresh lows at 1.34336 as USD safe-haven demand off the Middle East escalation dragged the pair off its earlier 1.34806 session high. Structure is a clean chain of lower highs and lower lows, RSI(14) around 36 but not yet oversold. Price is pinned to the session low into the NY open.

Support: 1.34336, 1.3430

Resistance: 1.3444, 1.34806

What it said to watch

  • UoM sentiment/inflation expectations at 14:00 UTC could shift the USD-led read
  • Reclaim of 1.34440 would break the descending lower-high sequence
  • Failure to hold 1.34300 extends the lower-low chain

10:16 UTC

Downtrend, momentum steady · RSI 38 · price 1.34412

Lower highs, lower lows into session low.

Cable ground lower through the London session to a fresh session low at 1.34351, USD holding a safe-haven bid on Iran-strike headlines. Price stalled and bounced marginally to 1.34412, with rejections capping each rally near the descending swing highs; RSI(14) near 37, not yet oversold.

Support: 1.34351, 1.3400

Resistance: 1.3449

What it said to watch

  • M15 close below 1.34351 confirms continuation of the lower-low sequence toward 1.3400
  • Reclaim of 1.3449 swing high needed to break the descending series of lower highs
  • UoM sentiment / inflation expectations at 14:00 UTC could shift the USD-driven read

10:16 UTC

Downtrend, extending · RSI 34 · price 1.34412

Lower highs, lower lows into session low.

Cable extended its second-day slide through the London session as USD drew safe-haven demand on Middle East escalation, breaking below the 1.34500 round number to print a session low at 1.34351. Price sits below EMA20/50 with RSI(14) at 33.5 — soft but not extreme; no signs of a base yet.

Support: 1.34351, 1.3440

Resistance: 1.3450, 1.3471

What it said to watch

  • Reclaim of 1.34500 would ease the downside pressure and put 1.34710 back in view
  • UoM sentiment + inflation expectations at 14:00 UTC could materially shift this read

10:01 UTC

Downtrend, at session lows · RSI 34 · price 1.34398

Lower highs, lower lows.

Cable ground lower through NY hours to fresh session lows near 1.3440 as safe-haven dollar demand persists, extending a clean chain of lower highs and lows off 1.3480. RSI(14) around 33 but no divergence; last two bars stalling just above the 1.34354 session low.

Support: 1.34354, 1.3400

Resistance: 1.3445, 1.34806

What it said to watch

  • Close below 1.34354 confirms the next lower low toward the 1.3400 round number
  • Reclaim of 1.34450 needed to break the sequence of lower highs
  • UoM sentiment / inflation expectations 14:00 UTC could shift the dollar bid driving this move

10:01 UTC

Downtrend, extended into session lows · RSI 32 · price 1.34398

Chain of lower highs and lower lows.

Cable ground lower through the London session, breaking the 1.34500 shelf and printing a fresh session low at 1.34354 as a sixth day of US strikes on Iran revived safe-haven dollar demand. RSI(14) near 31 flags short-term stretch but structure is a clean lower-high, lower-low chain; last bar closed on the lows at 1.34398.

Support: 1.34354, 1.3400

Resistance: 1.3449

What it said to watch

  • Loss of 1.34354 confirms continuation of the lower-low sequence toward 1.3400
  • Reclaim of 1.34490 would break the lower-high chain
  • US UoM sentiment / inflation expectations 14:00 UTC could shift the dollar bid

09:46 UTC

Downtrend, extending lower · RSI 32 · price 1.34403

Lower highs, lower lows.

Cable broke the 1.3450-1.3480 support and ground to a session low at 1.34354 through London hours as risk-off US-Iran headlines revived the dollar bid. RSI(14) near 31 and price stalling right at the lows, no recovery yet.

Support: 1.34354, 1.3430

Resistance: 1.3449, 1.34527, 1.34806

What it said to watch

  • M15 close back above 1.34527 would negate the lower-high chain
  • UoM sentiment at 14:00 UTC could inject fresh USD volatility

09:46 UTC

Downtrend, extended into session low · RSI 29 · price 1.34403

Lower highs, lower lows; at fresh session low.

London session dropped to a fresh session low at 1.34354 as the safe-haven dollar bid extended, breaking cleanly below the 1.34540 shelf. Six straight M15 lower highs and RSI(14) near 29 mark short-term stretched conditions; price is stalling at the low into the NY handover.

Support: 1.34354, 1.3430

Resistance: 1.3454

What it said to watch

  • M15 close back above 1.34540 would neutralise the lower-high sequence
  • UoM Michigan sentiment 14:00 UTC could materially shift the USD read
  • Failure to hold 1.34354 opens 1.34300

09:31 UTC

Downtrend, momentum accelerating · RSI 31 · price 1.34427

Lower highs, lower lows; broke session support.

London session sold Cable off the 1.34806 high, breaking the 1.3450 support cleanly to print 1.34354 as safe-haven USD firmed on Iran risk-off. RSI(14) near 31 but not yet extreme; price stalling just above the session low.

Support: 1.34354, 1.3400

Resistance: 1.3453, 1.34806

What it said to watch

  • M15 close below 1.34354 confirms a fresh lower low, opening 1.3400
  • Reclaim of 1.34530 needed to neutralise the breakdown
  • US Michigan sentiment 14:00 UTC could shift the USD read

09:31 UTC

Downtrend, momentum extending · RSI 34 · price 1.34427

Lower highs, lower lows; fresh session lows.

Cable sold off through the London session, breaking the 1.34515 prior-support shelf and printing fresh lows at 1.34354 as a firmer safe-haven dollar pressured the pair. RSI(14) near 33, not yet oversold, and price holds below EMA20/50 with the lower-high chain from 1.34806 intact.

Support: 1.34354, 1.3400

Resistance: 1.34515, 1.34806

What it said to watch

  • M15 close below 1.34354 opens the path toward the 1.3400 round number
  • Reclaim of 1.34515 prior support would neutralise the breakdown
  • US Michigan sentiment / inflation expectations at 14:00 UTC could shift this read

09:16 UTC

Downtrend, momentum extending · RSI 30 · price 1.3440

Lower highs and lower lows, session low breaking.

London session sold Cable through 1.3460 support into fresh lows at 1.3437 as a firmer safe-haven USD pressed the move, RSI(14) near 30 and stretched. Clean chain of lower highs and lower lows, no reversal signal yet on this TF.

Support: 1.3437, 1.3400

Resistance: 1.3460

What it said to watch

  • Reclaim of 1.3460 would invalidate the breakdown read
  • Failure to hold 1.3437 opens the path to the 1.3400 psych level
  • UoM sentiment at 14:00 UTC could materially shift USD tone

09:16 UTC

Downtrend, momentum accelerating · RSI 27 · price 1.3440

Lower highs, lower lows.

London session leg lower drove Cable from the 1.3480 session high to 1.3440 as US-Iran risk-off revives the safe-haven dollar; RSI(14) near 26, short-term stretched. The 1.3450-1.3480 zone gave way and now caps as resistance, with price probing the 1.3400 round number.

Support: 1.3400, 1.3375

Resistance: 1.3470, 1.3481

What it said to watch

  • M15 close back above 1.3470 negates the fresh lower-low read
  • Loss of 1.3400 opens the path toward 1.3375
  • UoM sentiment/inflation expectations 14:00 UTC could shift the dollar bid

09:02 UTC

Downtrend, momentum accelerating · RSI 28 · price 1.34428

Lower highs, lower lows into fresh session low.

Cable broke down through the 1.3470 base during London hours and is printing fresh session lows at 1.34416 as a firmer USD and Iran risk-off bid weigh. RSI(14) near 28 shows the sell-off is stretched but not yet at a sub-20 extreme; move is one-directional with little pause.

Support: 1.34416, 1.3400

Resistance: 1.34527, 1.34675

What it said to watch

  • Reclaim of 1.34527 would neutralise the breakdown read
  • Failure to hold 1.34416 opens the 1.3400 psych level
  • UoM sentiment/inflation expectations at 14:00 UTC could extend or reverse the USD-driven leg

09:02 UTC

Downtrend, momentum extending · RSI 29 · price 1.34428

Lower highs, lower lows into session low.

Cable rolled over through the London session, breaking down below 1.34570 and printing a fresh session low at 1.34416 as risk-off flows kept the USD bid. RSI(14) near 28 flags short-term stretch, but each bounce has stalled below the prior swing high at 1.34710.

Support: 1.34416, 1.3430

Resistance: 1.3457, 1.3471

What it said to watch

  • M15 close back above 1.34570 invalidates the breakdown read
  • Loss of 1.34416 session low opens the path toward the 1.34300 psych area
  • UoM sentiment / inflation-expectations at 14:00 UTC could shift the USD-driven move

08:47 UTC

Downtrend, momentum accelerating · RSI 27 · price 1.34455

Lower highs, lower lows into fresh session low.

Cable slid through the 1.34600 shelf during the London session and extended to a fresh low at 1.34445 as risk-off Iran headlines kept the USD bid. RSI(14) at ~27 is stretched but not extreme; the down-leg is still intact with price pinned at the lows.

Support: 1.34445, 1.3440

Resistance: 1.3460

What it said to watch

  • Reclaim of 1.34600 would neutralise the breakdown read
  • Failure to hold 1.34445 opens the path toward 1.34400
  • UoM sentiment/inflation expectations at 14:00 UTC could shift the USD-driven move

08:46 UTC

Downtrend, fresh session low · RSI 33 · price 1.34455

Lower highs, lower lows.

Cable sold off through the London morning to a fresh session low at 1.34445 as a firmer USD and Iran-driven risk-off capped the week's rally. RSI(14) near 33, momentum bearish with no sign of a base yet; price extended well below EMA20/50.

Support: 1.34445, 1.3400

Resistance: 1.3471

What it said to watch

  • M15 close back above 1.34710 negates the fresh-low break
  • UoM sentiment/inflation expectations 14:00 UTC could extend USD bid and pressure this read

08:31 UTC

Downtrend, fresh lows · RSI 34 · price 1.34518

Lower highs, lower lows into session low.

GBPUSD sold off through the London session from 1.34806 to a fresh low at 1.34484 as a firmer USD and Iran-driven risk-off dominated, dropping price below the 1.3480 pivot. RSI(14) near 33 as the pair prints new lows; momentum still to the downside with no reclaim of prior swings yet.

Support: 1.34484, 1.3440

Resistance: 1.3471, 1.34806

What it said to watch

  • Reclaim of 1.34710 would neutralise the lower-high sequence
  • Failure to hold 1.34484 opens the path toward the 1.3440 round number
  • US Michigan sentiment / inflation expectations at 14:00 UTC could shift USD tone

08:31 UTC

Downtrend, momentum accelerating lower · RSI 31 · price 1.34518

Lower highs and lower lows, fresh session low.

Cable broke down through the 1.3467 support into the London session, printing a fresh low at 1.34484 as Iran risk-off kept the USD bid. RSI(14) near 30 after the sharp leg lower; price sits below EMA20/50 with lower highs intact.

Support: 1.34484, 1.3445

Resistance: 1.3458, 1.34674

What it said to watch

  • M15 close back above 1.3458 would ease the downside pressure
  • Loss of 1.34484 exposes the 1.3445 support flagged in the digest
  • US Michigan sentiment / inflation expectations at 14:00 UTC could shift this read

08:16 UTC

Downtrend, extending to session lows · RSI 34 · price 1.34525

Chain of lower highs and lower lows.

GBPUSD sold off through the London session, breaking prior support near 1.3459 and printing fresh session lows at 1.3450 as a firmer USD (208K claims, Philly Fed beat) revived the dollar. Downtrend intact with lower highs capping at 1.3480; RSI(14) near 33 as price probes the 1.3450 psych area.

Support: 1.3450, 1.34515

Resistance: 1.3468, 1.34806

What it said to watch

  • M15 close back above 1.3468 negates the latest lower-low
  • Failure to hold 1.3450 opens continuation toward the next support band
  • Michigan sentiment + UoM inflation expectations 14:00 UTC could shift USD tone

08:16 UTC

Downtrend, extending lower · RSI 31 · price 1.34525

Lower highs, lower lows.

GBPUSD sold through the London morning to a fresh session low at 1.34515, RSI(14) near oversold as the pair extends a chain of lower highs from 1.34806. Price is pinned below EMA20 and EMA50, the pullback the digest flags after USD firmed on strong US jobless claims.

Support: 1.34515, 1.3445

Resistance: 1.34675, 1.34806

What it said to watch

  • Reclaim of 1.34675 needed to stall the lower-high sequence
  • Failure to hold 1.34515 opens the 1.3450 round number
  • US Michigan sentiment / inflation expectations at 14:00 UTC could shift USD tone

08:02 UTC

Downtrend, session lows · RSI 37 · price 1.34587

Lower highs, break below 1.3460 shelf.

GBPUSD faded through London hours, slipping below the 1.3460 shelf to fresh session lows at 1.34568 as firm US jobless claims revived the dollar. RSI(14) near 37 with no bounce yet; the 1.34806 spike earlier was rejected and price has printed lower highs since.

Support: 1.34568, 1.3450, 1.3445

Resistance: 1.3471, 1.34806

What it said to watch

  • Reclaim of 1.34710 would ease the downside pressure
  • Sustained break below 1.34568 opens 1.34500 then 1.34450 swing support
  • UoM sentiment / inflation expectations at 14:00 UTC could shift this read

08:01 UTC

Downtrend, session lows extending · RSI 41 · price 1.34587

Lower highs and lower lows.

GBPUSD faded through the London session, printing a fresh session low at 1.34568 after a rejection at 1.34806, with a firmer USD (strong jobless claims, Philly Fed) capping every bounce. RSI(14) near 40 confirms the down bias without hitting oversold.

Support: 1.34568, 1.3450, 1.3445

Resistance: 1.3471, 1.34806

What it said to watch

  • Break of 1.34568 opens the path to the 1.3450 support
  • A close back above 1.34710 would ease the downside pressure
  • UoM sentiment / inflation expectations at 14:00 UTC could shift the USD leg

07:46 UTC

Downtrend, basing near session low · RSI 48 · price 1.34656

Consolidating 1.3457-1.3480 after fade below 1.3500.

GBPUSD sold off from 1.3533 through the Asia session and has since based in a 1.3457-1.3480 range, in line with sterling fading below 1.3500 as a firmer USD reasserts. Early London probed 1.3480 then rejected back to 1.3466; RSI(14) flat near 48, no momentum edge.

Support: 1.34568, 1.3450

Resistance: 1.34806, 1.3500

What it said to watch

  • Close below 1.34568 confirms a lower-low and opens 1.3450
  • Reclaim of 1.34806 needed to break the range top
  • US Michigan sentiment + inflation expectations 14:00 UTC could shift USD tone

07:46 UTC

Downtrend, momentum flattening · RSI 45 · price 1.34656

Consolidating above session low after London-NY selloff.

Cable sold off from 1.3534 to a session low at 1.34568 through the London-NY window as strong US data (208K claims, blowout Philly Fed) revived the dollar. Price is now chopping in a tight 1.3457-1.3481 band, RSI(14) mid-range near 45; the 1.3481 session high capped the latest bounce.

Support: 1.34568, 1.3450

Resistance: 1.34806, 1.3500

What it said to watch

  • M15 close below 1.34568 exposes 1.3450 support
  • Reclaim of 1.34806 needed to challenge the 1.3500 psych level
  • UoM sentiment + inflation expectations at 14:00 UTC could shift this read

07:32 UTC

Downtrend easing, consolidating · RSI 54 · price 1.34708

Graded decline then recovery off 1.3457.

GBPUSD ground down from 1.3534 to a 1.3457 swing low through the Asia-London handover as the dollar stayed firm on resilient US labour data. London recovered to a 1.3480 session high before fading back to 1.3471; buyers stepped in twice near 1.3457. Range-bound between the 1.3457 swing low and 1.3480 session high, no clean setup in play.

Support: 1.3457, 1.3450

Resistance: 1.3480, 1.3500

What it said to watch

  • M15 close above 1.3480 opens the path back toward 1.3500 round number
  • Failure to hold 1.3457 confirms a lower low toward the 1.3450 support
  • US Michigan sentiment/inflation expectations 14:00 UTC could shift this read

07:32 UTC

Downtrend, basing off session low · RSI 51 · price 1.34708

Decline into base near 1.3458, London-open bounce.

GBPUSD ground lower through the Asian range from 1.3534 to a session low of 1.3457, then twice found demand near 1.3458 before a London-open bounce to 1.3481. Price has eased back to 1.3471 with RSI(14) neutral around 51; the base is holding but the 1.3481 session high caps for now.

Support: 1.3458, 1.3450

Resistance: 1.3481, 1.3510

What it said to watch

  • M15 close above 1.3481 opens the path back toward 1.3510
  • Failure to hold 1.3458 confirms a lower low and reopens 1.3450
  • US Michigan sentiment / inflation expectations at 14:00 UTC could shift USD and this read

07:17 UTC

Downtrend stalling, base building · RSI 53 · price 1.34711

Consolidation after London slide, higher lows forming.

London slid from 1.3534 to a session low at 1.34568 before the overnight Asian range coiled tight on thin volume. London open pushed back to 1.34806 then faded; price now ranging 1.3457–1.3481 with RSI(14) mid-band and no directional impulse yet.

Support: 1.34568, 1.3450

Resistance: 1.34806, 1.3489

What it said to watch

  • M15 close below 1.34568 exposes the 1.3450 round number
  • Close above 1.34806 session high extends toward the 1.34890 prior high
  • UoM sentiment/inflation expectations 14:00 UTC could inject USD volatility

07:16 UTC

Downtrend, recovering off lows · RSI 53 · price 1.34711

Lower lows into 1.3457, now basing.

GBPUSD ground lower from 1.3538 through the Asian into London hours, printing a double bottom near 1.3457 before buyers stepped in during the London session; price now sits at 1.34711 with RSI(14) recovering to the mid-50s. Move fits the digest read of sterling consolidating sub-1.3500 after the fade, with a firm USD capping upside.

Support: 1.3457, 1.3450

Resistance: 1.34806, 1.3490

What it said to watch

  • M15 close above 1.34806 opens the path toward 1.3490/1.3500
  • Failure to hold 1.3457 confirms a fresh lower low toward 1.3450
  • US Michigan sentiment 14:00 UTC could shift this read on a USD move

07:02 UTC

Downtrend base, recovering off lows · RSI 58 · price 1.34771

Double bottom near 1.3458, higher lows into London open.

GBPUSD ground lower through the prior NY-Asia hours before carving a double bottom near 1.3458, then bounced through the London open to 1.3477 with RSI(14) recovering to the mid-50s. The base held as USD stayed firm on strong jobless claims, capping the earlier sterling squeeze; buyers stepped in twice at the session low.

Support: 1.3458, 1.3467

Resistance: 1.3496

What it said to watch

  • M15 close below 1.3458 confirms a lower-low and negates the double bottom
  • Reclaim of 1.3496 swing high extends the recovery
  • US Michigan sentiment 14:00 UTC could shift this read

07:02 UTC

Downtrend, stabilising into Asia · RSI 57 · price 1.34771

Session low carved at 1.3457, shallow recovery.

GBPUSD slid through the London-NY session to a low of 1.3457 as firm US jobless claims revived the Dollar and sterling unwound part of its squeeze. Asia hours have based above 1.3463 and pushed back to 1.3477, RSI(14) recovering to the mid-50s; the 1.3480 range top caps for now.

Support: 1.34568, 1.3463

Resistance: 1.3480, 1.3492

What it said to watch

  • Reclaim of 1.3492 would break the intraday sequence of lower highs
  • Loss of 1.3457 session low resumes the down leg toward the 1.3450 zone
  • US Michigan sentiment 14:00 UTC could shift this read

06:47 UTC

Intraday downtrend, basing off lows · RSI 53 · price 1.34708

Consolidation above session low after decline from 1.3542.

London morning: cable slid from 1.3542 through the prior NY/Asia session as firm US jobless claims revived the Dollar, then based twice near 1.3457 before recovering to a 1.3476 session high. RSI(14) has climbed back to ~53 off the lows; price is holding above EMA20 but capped under the descending highs.

Support: 1.34568, 1.3445

Resistance: 1.3476, 1.3480, 1.3512

What it said to watch

  • Close above 1.34760 opens the path back toward 1.3480/1.3512
  • Loss of 1.34568 confirms a lower low into the 1.3450 support zone
  • US Michigan sentiment 14:00 UTC could shift this read

06:47 UTC

Downtrend, bouncing off lows · RSI 58 · price 1.34708

Intraday downtrend, basing near session low.

GBPUSD ground lower through the window as resilient US jobless claims revived the Dollar bid, sliding from 1.354 to a 1.3458 session low. London morning has produced a bounce off a double-bottom base near 1.3458, RSI(14) recovering to ~58 and price reclaiming EMA20; the descending sequence of lower highs still caps into 1.3476/1.3480.

Support: 1.3458, 1.3450

Resistance: 1.3476, 1.3480, 1.3496

What it said to watch

  • M15 close above 1.3480 breaks the lower-high sequence and challenges the downtrend read
  • Failure to hold 1.3458 opens the 1.3450 psych support
  • US Michigan sentiment + inflation expectations 14:00 UTC could shift this read

06:32 UTC

Downtrend, flattening into Asia · RSI 54 · price 1.34709

Consolidation after NY leg lower.

Cable slid from 1.3542 through NY into Asia as the USD firmed on strong US data, then based around 1.3457. Price is now consolidating 1.3457-1.3480 with a modest bounce into the London open; RSI(14) neutral near 54, ATR compressed in the quiet Asian window.

Support: 1.34568, 1.3450

Resistance: 1.34796, 1.34832

What it said to watch

  • M15 close above 1.34832 prior high opens the path back toward 1.3520
  • Loss of 1.34568 swing low confirms a fresh lower-low
  • London open volume could break the current consolidation

06:31 UTC

Downtrend, bounce off lows · RSI 55 · price 1.34709

Lower highs into overnight base, London open lifting.

Cable trended lower through the NY session from 1.3540, driven by USD strength on firm US data, basing twice near 1.3457 overnight. London open is now lifting price to 1.3471 with volume returning; the double-bottom base at the session low is holding for now.

Support: 1.3457, 1.3450

Resistance: 1.3480, 1.3500

What it said to watch

  • M15 close below 1.3457 confirms a lower low and negates the base
  • Reclaim of 1.3480 opens the path back toward 1.3500
  • US Michigan sentiment 14:00 UTC could shift the USD bid within the next few hours

06:17 UTC

Downtrend, momentum flattening · RSI 50 · price 1.34691

Lower highs/lows, basing near session low.

GBPUSD ground lower through the window from 1.3542 to a session low at 1.3457 as firm US data revived the Dollar and GBP gave back part of its squeeze. Price is basing in the 1.3457-1.3480 zone, a modest bounce lifting the last bar to 1.3469 with RSI back at neutral.

Support: 1.34568, 1.3450

Resistance: 1.3479, 1.3500, 1.35139

What it said to watch

  • M15 close below 1.3457 confirms a fresh lower low
  • Reclaim of 1.3479 swing high challenges the consolidation cap
  • US Michigan sentiment at 14:00 UTC could shift the Dollar read

06:16 UTC

Downtrend, momentum easing · RSI 50 · price 1.34691

Lower highs, lower lows; base forming at session low.

GBPUSD ground lower through NY from 1.3536 to a session low at 1.3457 as firm US data revived the Dollar; buyers held that zone three times into the Asia open. Price now bouncing to 1.3469, but the descending swing-high chain from 1.3480 still caps.

Support: 1.34568, 1.3448

Resistance: 1.3479, 1.3500

What it said to watch

  • M15 close below 1.3457 confirms a fresh lower low
  • Reclaim of 1.3479 swing high would break the lower-high sequence
  • UK jobs (Tue 06:00 UTC) is the next major test of the BoE-hike narrative

06:01 UTC

Downtrend, momentum slowing · RSI 42 · price 1.34639

Lower highs, basing above 1.3457.

GBPUSD drifted lower through the NY and Asian sessions, printing a session low at 1.3457 as firm US data (retail sales in line, jobless claims beat) kept the Dollar bid. Into the London open price is consolidating around 1.3464 below EMA20/50, RSI(14) mid-40s after basing off the lows.

Support: 1.34568, 1.3450

Resistance: 1.3476, 1.34796

What it said to watch

  • M15 close above 1.3476 breaks the lower-high chain and challenges 1.3480
  • Failure to hold 1.3457 opens the 1.3450 psych zone
  • Tue UK labour data is the next scheduled catalyst for the pair

06:01 UTC

Downtrend, grinding lower · RSI 43 · price 1.34639

Lower highs, lower lows.

Asia session grinding lower in a descending channel, price stair-stepping down from the 1.34796 session high with capped bounces. Buyers stepped in at 1.34568 and lifted it back to 1.34639; the swing low still holds but the chain of lower highs is intact.

Support: 1.34568, 1.3450

Resistance: 1.3471, 1.34796

What it said to watch

  • M15 close below 1.34568 confirms a lower low and opens the 1.3450 support zone
  • Reclaim of 1.34796 session high breaks the descending channel read
  • London open in ~3h could inject direction into the current drift

05:46 UTC

Downtrend, grind lower slowing · RSI 44 · price 1.3463

Lower highs and lower lows, basing near session low.

GBPUSD ground lower through the London-NY session and into Asia, printing a session low at 1.34568 as firm US data (208K claims, 41.4 Philly Fed) revived the Dollar. Price is basing just under 1.3465 with RSI(14) mid-40s; the late-Asia range is tight and no swing has been reclaimed.

Support: 1.34568, 1.3450

Resistance: 1.3474

What it said to watch

  • M15 close below 1.34568 confirms a fresh lower-low toward the 1.3450 support zone
  • Reclaim of 1.3474 would break the lower-high chain
  • UoM sentiment / inflation expectations at 14:00 UTC could shift this read

05:46 UTC

Downtrend, momentum easing · RSI 42 · price 1.3463

Lower highs, lower lows; consolidating near session low.

GBPUSD ground lower through the Asian session, sliding from ~1.3538 to a session low at 1.3457 as firm US data kept the Dollar bid. Price is now hugging the lows into the London open, RSI(14) mid-40s with ATR compressing to ~4 pips.

Support: 1.3457, 1.3450

Resistance: 1.3477, 1.3496, 1.3514

What it said to watch

  • M15 close below 1.3457 opens the 1.3450 psych level
  • Reclaim of 1.3477 needed to break the descending swing highs
  • US UoM sentiment/inflation expectations at 14:00 UTC could shift the Dollar read

05:32 UTC

Downtrend, grinding lower · RSI 41 · price 1.34608

Lower highs, lower lows into session lows.

Asia session drifted steadily lower, printing fresh session lows near 1.3457 before a shallow bounce to 1.3461; RSI(14) subdued near 40 with ATR compressed to ~4-5 pips. GBP is consolidating below 1.3560 as firm US data revives the Dollar, with price capped by a descending series of lower highs.

Support: 1.34568, 1.3450

Resistance: 1.3468, 1.34796

What it said to watch

  • M15 close back above 1.34680 breaks the lower-high chain
  • Loss of 1.34568 extends the downtrend toward the 1.3450 zone
  • UoM sentiment/inflation expectations at 14:00 UTC could shift the USD read

05:31 UTC

Downtrend, steady grind lower · RSI 39 · price 1.34608

Lower highs and lower lows through Asia.

GBPUSD drifting lower through the Asian session, printing a clean chain of lower highs and lower lows off the 1.34796 session high as a firm USD keeps dips capped. Price pinned near the 1.34568 session low with RSt(14) subdued in the high-30s; ranges have compressed to ~5 pips.

Support: 1.34568, 1.3450

Resistance: 1.3469, 1.34796

What it said to watch

  • M15 close above 1.34690 breaks the descending sequence of lower highs
  • Loss of 1.34568 confirms continuation toward the 1.34500 round number
  • UoM sentiment/inflation expectations at 14:00 UTC could reset USD tone

05:17 UTC

Downtrend, at session lows · RSI 40 · price 1.3459

Lower highs, lower lows.

GBPUSD ground lower through the NY session and into Asia, printing fresh session lows near 1.3459 as a firmer USD pushes cable into the 1.3450-1.3480 support zone. Each intraday rally back toward 1.3480 has been sold; RSI(14) subdued but not yet oversold, volume thin in the current Asian bars.

Support: 1.3450

Resistance: 1.3480

What it said to watch

  • M15 close back above 1.3480 needed to break the lower-high chain
  • 1.3450-1.3480 support zone — area to watch for demand or a break lower
  • US UoM sentiment/inflation expectations today 14:00 UTC could extend USD strength

05:16 UTC

Downtrend, momentum easing near lows · RSI 41 · price 1.3459

Lower highs and lower lows, basing at session low.

GBPUSD ground lower through the Asian session, extending a steady descending channel off yesterday's 1.3542 high as a firmer USD kept dips in play. Price is basing at the session low near 1.3457 with RSI(14) around 40; the recent pivot at 1.3477 caps.

Support: 1.3457, 1.3450

Resistance: 1.3477, 1.3520

What it said to watch

  • Break below 1.3450 support zone confirms channel continuation
  • M15 close above 1.3477 challenges the descending resistance
  • London open volatility could reshape the intraday range

05:01 UTC

Downtrend, momentum easing · RSI 39 · price 1.34588

Lower highs, lower lows into fresh session low.

GBPUSD drifted lower through the Asia session, printing a fresh session low at 1.34584 as a firmer USD kept the pair pinned; chain of lower highs stays intact with RSI(14) near 38. ATR has compressed to ~4 pips heading into the London open.

Support: 1.34584, 1.3450

Resistance: 1.34796

What it said to watch

  • Break and hold below 1.34584 extends the lower-low sequence toward 1.3450
  • Reclaim of 1.34796 session high would neutralise the intraday downtrend
  • US Michigan sentiment 14:00 UTC could shift USD tone

05:01 UTC

Downtrend, momentum slowing · RSI 39 · price 1.34588

Lower highs and lows, now consolidating near session low.

GBPUSD ground lower through the session off the 1.3542 high as a firmer USD capped price; the last 14 bars are a tight Asian-session drift just above the 1.34568 session low. RSI(14) near 39, ATR compressed to ~4.5 pips — momentum flat into the London open.

Support: 1.34568, 1.3450

Resistance: 1.3469, 1.34796, 1.35139

What it said to watch

  • Break below 1.34568 extends the lower-low sequence toward the 1.3450 psych level
  • M15 close above 1.34690 swing pivot breaks the descending structure
  • London open in ~1h likely expands the compressed Asian range
  • US Michigan sentiment 14:00 UTC could shift the USD-driven read

04:46 UTC

Downtrend, extending to session lows · RSI 38 · price 1.34592

Lower highs, lower lows; Asian consolidation broken downside.

GBPUSD grinding to fresh session lows near 1.3459 as the Dollar stays bid on strong US data; the tight Asian consolidation around 1.3465-1.3480 has broken lower. Price is below EMA20/50 with RSI(14) near 37, sitting on the prior 1.3460 swing low.

Support: 1.3459, 1.3450

Resistance: 1.3480

What it said to watch

  • Reclaim of 1.3480 would neutralise the downside range break
  • Failure to hold 1.3459 opens the 1.3450 support zone
  • US Michigan sentiment 14:00 UTC could shift USD tone

04:46 UTC

Downtrend, grinding to new lows · RSI 39 · price 1.34592

Lower highs, lower lows into session low.

GBPUSD extending a steady M15 downtrend, printing fresh session lows near 1.34584 on thin Asian-session volume after breaking below the 1.3463-1.3479 consolidation. Move fits the revived USD bid theme; RSI(14) subdued near 38, ATR light around 5-6 pips.

Support: 1.34584, 1.3450, 1.3445

Resistance: 1.34715, 1.3479

What it said to watch

  • M15 close back above 1.34790 session high invalidates the lower-high sequence
  • Loss of 1.34500 psych opens the 1.34450 support zone
  • US Michigan sentiment + inflation expectations at 14:00 UTC could shift this read

04:31 UTC

Downtrend, grinding lower · RSI 40 · price 1.34599

Lower highs, lower lows into Asia.

GBPUSD extended its grind lower off the 1.3542 high, sitting at fresh session lows near 1.34599 as the USD steadied post-CPI/PPI. Lower highs stayed intact through the Asia session; RSI(14) around 40, no oversold extreme, ATR compressed near 4.5 pips.

Support: 1.34593, 1.3450, 1.3445

Resistance: 1.3470, 1.34797, 1.35139

What it said to watch

  • M15 close back above 1.34700 breaks the lower-high chain
  • Failure to hold 1.34593 confirms continuation toward 1.34500/1.34450
  • UoM sentiment at 14:00 UTC could shift the USD read

04:31 UTC

Downtrend, fresh lows · RSI 37 · price 1.34599

Lower highs, lower lows; Asian range broken down.

Asian session coiled in a tight 1.3466–1.3480 range through the quiet hours; early London broke below it, printing a fresh session low at 1.3459 as the USD firmed. RSI(14) sits sub-40 with price pinned under EMA20/50, no bounce established yet.

Support: 1.3459, 1.3450

Resistance: 1.3480

What it said to watch

  • Reclaim above 1.3480 would invalidate the range-break read
  • UoM Michigan sentiment at 14:00 UTC could shift USD tone
  • Failure to hold 1.3459 opens the 1.3450 support flagged in context

04:16 UTC

Downtrend, consolidating near lows · RSI 44 · price 1.34639

Lower highs into a base above 1.3460.

GBPUSD trended lower through the prior London-NY sessions from 1.3542 to 1.3460, easing after Wednesday's political short-squeeze rally faded. Price is now consolidating in a tight 1.3460–1.3480 band into the Asia-London handover, RSI(14) mid-range with buyers stepping in around the 1.3460 base.

Support: 1.34596, 1.3454

Resistance: 1.3471, 1.34797

What it said to watch

  • M15 close below 1.34596 confirms a lower-low continuation
  • Reclaim of 1.34797 negates the near-term downtrend read
  • US UoM sentiment at 14:00 UTC could shift this read

04:16 UTC

Downtrend, momentum fading near lows · RSI 42 · price 1.34639

Lower highs into session low retest ~1.3460.

GBPUSD trended lower through the London-NY window, easing off Wednesday's squeeze as the USD firmed; a bounce to 1.3480 failed and price is now retesting the session low near 1.3460. A near-matching low around 1.3460 hints at a double bottom, but it's unconfirmed while price sits under EMA20/EMA50 into the Asia session.

Support: 1.3460, 1.3450

Resistance: 1.3480

What it said to watch

  • M15 close below 1.3460 opens the path to 1.3450
  • Reclaim of 1.3480 needed to break the lower-high chain
  • UoM sentiment 14:00 UTC could shift USD and this read

04:01 UTC

Downtrend, momentum slowing · RSI 43 · price 1.3465

Lower highs into flat base near session low.

GBPUSD ground lower through the window from ~1.3540 to a session low near 1.3460, in line with GBP easing off the political squeeze while the USD steadied. Asia hours have flattened into a tight base just above 1.3460, RSI(14) mid-range with no thrust in either direction.

Support: 1.3460, 1.3450

Resistance: 1.3479, 1.3491, 1.3512

What it said to watch

  • M15 close below 1.3460 confirms a lower-low and exposes 1.3450
  • Reclaim of 1.3479 breaks the descending resistance and stalls the down leg
  • UoM sentiment at 14:00 UTC could shift USD tone and this read

04:01 UTC

Downtrend, lower highs · RSI 42 · price 1.3465

Stair-step lower, pressing session lows.

GBPUSD extended the pullback from Wednesday's squeeze, grinding down from 1.3540 to press the 1.3460 session low into the pre-London hours. Twin rejections at 1.3480 built a lower-high cap; RSI(14) near 42, no oversold signal yet and price below both EMAs.

Support: 1.34596, 1.3450

Resistance: 1.34797, 1.3492, 1.3510

What it said to watch

  • Break of 1.34596 confirms continuation lower toward 1.3450
  • M15 close back above 1.34797 negates the lower-high sequence
  • UoM Michigan sentiment at 14:00 UTC could shift USD tone and this read

03:46 UTC

Downtrend, momentum flattening · RSI 41 · price 1.3463

Lower highs, drifting back toward session low.

GBPUSD ground lower through the window from 1.3542 to a 1.3460 low, part of the pullback in an overbought pound after Wednesday's political short-squeeze. Asia session is drifting sideways just above that low with ATR compressed to ~5 pips; the 1.3480 lower-high cluster caps rebounds.

Support: 1.3460, 1.3450

Resistance: 1.3480, 1.3520

What it said to watch

  • Loss of 1.3460 session low confirms a fresh lower-low toward 1.3450
  • M15 close above 1.3480 swing high reopens the path to 1.3520
  • UK jobs (Tue) and US Michigan sentiment (14:00 UTC) are the near-term catalysts

03:46 UTC

Downtrend, momentum flattening · RSI 42 · price 1.3463

Lower highs into a base near 1.3460.

GBPUSD ground lower through the London-NY sessions from 1.3542, easing after Wednesday's political short-squeeze rally per the digest. Asia session now consolidating near 1.3460, where a tentative double bottom is forming against the earlier 1.34596 low.

Support: 1.3460, 1.3450

Resistance: 1.3480, 1.3490

What it said to watch

  • M15 close below 1.3459 confirms a lower low and opens 1.3450
  • Reclaim of 1.3480 breaks the sequence of lower highs

03:32 UTC

Downtrend earlier, now flat near lows · RSI 42 · price 1.34669

Consolidation above session low after NY-Asia slide.

GBPUSD ground lower through NY into Asia after the political short-squeeze faded, bottoming at 1.34596 before stalling. Asian session now coiled in a tight 1.3463–1.3480 band on thin volume, RSI(14) mid-40s and price pinned below EMA20/50; the 1.34797 bounce high capped near the 23.6% fib of the drop.

Support: 1.34596, 1.34627

Resistance: 1.34797, 1.34912

What it said to watch

  • M15 close below 1.34596 confirms a lower low and extends the slide
  • Reclaim of 1.34797 session high reopens the 38.2% fib at 1.34912
  • London open may break the tight Asian range in either direction

03:31 UTC

Downtrend, flattening into range · RSI 43 · price 1.34669

Lower highs, base holding above 1.3460.

London session sold GBPUSD off the 1.3542 high down to 1.3460 as the USD firmed off its one-month low; price has since coiled 1.3460–1.3480 through quiet Asia hours. Current bar is retesting the range low with RSI(14) mid-40s — no momentum extension yet.

Support: 1.3460, 1.3450

Resistance: 1.3480, 1.3500

What it said to watch

  • M15 close below 1.3460 confirms continuation toward 1.3450
  • Reclaim of 1.3480 would flip the intraday range top back into play
  • US Michigan sentiment (14:00 UTC) could shift the USD-side driver

03:17 UTC

Downtrend, momentum easing · RSI 44 · price 1.34657

Chain of lower highs, coiling near session low.

GBPUSD bled from ~1.3540 through the London-NY session yesterday down to 1.3460 as the squeeze premium eased and the USD firmed. Asian hours have been quiet consolidation between 1.3460 and 1.3480, price now sitting at 1.3466 below EMA20/50 with RSI(14) mid-range near 44.

Support: 1.34596, 1.3450

Resistance: 1.34797, 1.3500

What it said to watch

  • M15 close above 1.3480 breaks the descending highs and neutralises the downtrend read
  • Loss of 1.3460 exposes 1.3450
  • US Michigan sentiment at 14:00 UTC could shift this read

03:16 UTC

Downtrend, momentum slowing · RSI 43 · price 1.34657

Lower highs into a base above 1.3460.

GBPUSD ground lower through the London-NY sessions from 1.3542 to a 1.3460 swing low as the dollar steadied off its one-month low. Price consolidated 1.3466-1.3480 overnight and is now drifting back toward the base in early Asia, RSI(14) near 43 with no divergence.

Support: 1.34596, 1.34627

Resistance: 1.34796, 1.3491

What it said to watch

  • M15 close below 1.34596 confirms a lower low and extends the downtrend
  • Reclaim of 1.34796 session high negates the near-term downside pressure

03:01 UTC

Downtrend, lower highs intact · RSI 40 · price 1.3464

Chain of lower highs, pressing session low.

GBPUSD trended lower through London-NY into a thin Asian range around 1.3475, then rolled over again toward the 1.3460 session low, price now 1.3464. Sequence of lower highs still capping; bounces have stayed shallow (~24% of the 1.3542-1.3460 leg).

Support: 1.3460, 1.3450

Resistance: 1.3480, 1.3507

What it said to watch

  • M15 close above 1.3480 breaks the lower-high sequence
  • Break below 1.3460 opens 1.3450 support
  • US UoM sentiment/inflation expectations at 14:00 UTC could shift USD leg

03:01 UTC

Downtrend, drifting into support · RSI 43 · price 1.3464

Lower highs / lower lows, basing near session low.

GBPUSD has bled lower through the Asia session, unwinding the earlier squeeze with a lower-high chain from 1.3542 into a session low at 1.3460, RSI(14) mid-40s and no oversold stretch yet. Price is grinding along the 1.3463 base after the context-flagged post-rally easing; move size is thin (ATR ~8 pips).

Support: 1.3460, 1.3450

Resistance: 1.3480, 1.3506

What it said to watch

  • M15 close below 1.3460 opens 1.3450
  • Reclaim of 1.3480 breaks the lower-high chain

02:46 UTC

Downtrend, grinding lower · RSI 40 · price 1.3464

Lower highs into Asia range low.

GBPUSD extended lower through NY and into Asia, sliding from 1.3534 toward the 1.3460 session low as the USD firmed off its one-month low. A bounce to the 1.3480 swing high was rejected and price is grinding back to the lows; RSI(14) near 40, ATR ~5 pips.

Support: 1.3460, 1.3450

Resistance: 1.3480, 1.3492

What it said to watch

  • Break below 1.3460 session low opens 1.3450 support
  • Reclaim of 1.3480 swing high needed to ease downside pressure
  • US Michigan sentiment today 14:00 UTC could shift this read

02:46 UTC

Downtrend, lower highs into Asia · RSI 41 · price 1.3464

Lower highs, lower lows.

GBPUSD slid through NY hours from the 1.3542 high to 1.3460 into early Asia, unwinding some of this week's political-squeeze gains as the USD firmed. Price is pressing the 1.3460 swing-low area, RSI(14) around 40 and holding below EMA20/50; no bounce structure yet.

Support: 1.34596, 1.3450

Resistance: 1.34797, 1.3512

What it said to watch

  • M15 close below 1.34596 confirms a fresh lower low
  • Reclaim of 1.34797 needed to break the descending resistance
  • Hold of 1.3450 keeps the range floor intact

02:31 UTC

Downtrend, momentum easing · RSI 43 · price 1.3466

Lower highs, basing in Asia.

GBPUSD leaked lower through NY hours from 1.3540 into a 1.3464-1.3480 Asian consolidation as the USD steadied off its one-month low. Sellers capped the last bounce at 1.3480 and price is drifting back toward the 1.3464 session low with RSI(14) mid-40s.

Support: 1.3464, 1.3450

Resistance: 1.3480, 1.3512

What it said to watch

  • M15 close below 1.3459 confirms a lower low
  • Reclaim of 1.3480 swing high invalidates the downtrend continuation read
  • UK labour data Tue 06:00 UTC is the next scheduled risk

02:31 UTC

Downtrend, momentum flattening · RSI 43 · price 1.3466

Sold off then consolidated, fading back toward lows.

GBPUSD sold off through London-NY from 1.3542 to a 1.3460 swing low, then consolidated overnight around 1.3475 as the USD steadied off its one-month low. Thin Asia-session flow is now slipping the pair back toward the 1.3460 low with RSI(14) mid-40s.

Support: 1.3460, 1.3450

Resistance: 1.3480, 1.3510

What it said to watch

  • M15 close below 1.3460 confirms a lower low, opens 1.3450
  • Reclaim of 1.3480 range top negates the fade back toward lows

02:16 UTC

Downtrend, momentum easing into Asia · RSI 42 · price 1.34684

Lower highs off 1.3542, coiling above session low.

GBPUSD trended lower through London/NY from 1.3542, easing after this week's political short-squeeze stalled sub-1.3600. Price consolidated 1.3464-1.3480 through the Asia session and is now pressing the 1.3464 session low again with RSI(14) mid-40s; both EMAs sit overhead.

Support: 1.34596, 1.34637, 1.3450

Resistance: 1.34797, 1.35062

What it said to watch

  • M15 close below 1.34596 confirms a fresh lower low
  • Reclaim of 1.34797 negates the downside pressure
  • US UoM sentiment/inflation expectations at 14:00 UTC could shift the read

02:16 UTC

Downtrend, lower highs holding · RSI 42 · price 1.34684

Descending highs into session low retest.

GBPUSD extended lower through London-NY, printing a session low at 1.34596 before a shallow Asia-session bounce stalled at 1.34797. Price has rolled back toward the low and RSI(14) sits mid-40s; the chain of lower highs is still intact after GBP eased from its two-month peak.

Support: 1.34596, 1.3450

Resistance: 1.34797

What it said to watch

  • M15 close below 1.34596 confirms a fresh lower low
  • Reclaim above 1.34797 breaks the descending-highs sequence

02:01 UTC

Downtrend, momentum flattening · RSI 42 · price 1.34671

Lower highs into consolidation above 1.3460.

GBPUSD sold off through the prior NY session from 1.3542 to a 1.3460 swing low, then chopped sideways in the low 1.347s through thin Asia hours. Current bar slipped back to 1.3467 near the session low; RSI(14) mid-40s, no momentum extreme, price capped below EMA20/50.

Support: 1.34637, 1.34596

Resistance: 1.34797, 1.3500

What it said to watch

  • M15 close below 1.34596 confirms a fresh lower low
  • Reclaim of 1.34797 session high would break the lower-high sequence
  • US UoM sentiment/inflation expectations at 14:00 UTC could shift the USD read

02:01 UTC

Downtrend, momentum slowing · RSI 44 · price 1.34671

Lower highs, consolidating above swing low.

London-NY hours sold GBPUSD from 1.3542 to a 1.3460 swing low as the USD firmed off its one-month low. Asia consolidated between 1.3465 and 1.3480; the last bar rolled back down to 1.34657, keeping price under EMA20 and EMA50.

Support: 1.34596, 1.34637

Resistance: 1.34797, 1.3489

What it said to watch

  • Loss of 1.34596 confirms a fresh lower-low
  • M15 close above 1.34797 breaks the intraday lower-high sequence
  • UoM sentiment/inflation at 14:00 UTC could move USD and shift this read

01:46 UTC

Downtrend, now basing · RSI 46 · price 1.34708

Consolidation after NY selloff.

GBPUSD drifted lower through NY from ~1.3542, bottoming at 1.3460, as the USD firmed on strong claims and Philly Fed data. Price has since based in a tight 1.3466-1.3480 range through the Asia session, RSI(14) neutral near 46 with no momentum edge.

Support: 1.3466, 1.34596

Resistance: 1.34797, 1.3489

What it said to watch

  • M15 close above 1.3480 range top breaks the consolidation higher
  • Loss of 1.3460 session low confirms lower-low continuation

01:46 UTC

Downtrend, now flatlining · RSI 49 · price 1.34708

Consolidation above session low.

London/NY sold GBPUSD from ~1.3540 to a session low at 1.34596 as the USD firmed on strong Philly Fed and claims. Price has since based around 1.3466 and is consolidating 1.3466–1.3480 in thin Asia-session trade, RSI(14) flat near 48.

Support: 1.34596, 1.3466

Resistance: 1.3480, 1.3520

What it said to watch

  • Close below 1.34596 confirms a fresh lower-low toward 1.3450
  • Close above 1.34800 session high opens the path back toward 1.3520
  • Thin Asia liquidity — moves may not hold into London open

01:32 UTC

Downtrend faded, now flat · RSI 47 · price 1.34738

Consolidation after NY selloff, tight base.

GBPUSD sold off through NY hours from 1.3542 to a 1.3460 swing low, then based into the Asia session and is now consolidating a tight 1.3466–1.3480 range around 1.3474. Momentum flat, RSI mid-range; the pair is digesting the pullback in Sterling's overbought squeeze noted in the macro read.

Support: 1.3466, 1.3460

Resistance: 1.3480, 1.3496

What it said to watch

  • Close above 1.3480 opens the path to the 1.3496 shelf
  • Break of 1.3460 swing low resumes the downside
  • UoM Michigan sentiment 14:00 UTC could shift the read later in the day

01:32 UTC

Downtrend paused, consolidating near lows · RSI 47 · price 1.34738

Tight Asian range after leg lower.

London-NY hours sold GBPUSD from 1.3542 down to a 1.3460 swing low, and the Asian session has since coiled into a tight 1.3466-1.3480 range on thin volume. RSI(14) sits neutral near 47 with price hugging EMA20; no directional setup in play while the range holds.

Support: 1.3466, 1.3460

Resistance: 1.3480, 1.3490

What it said to watch

  • Break below 1.3460 swing low confirms a fresh lower-low and resumes the leg down
  • M15 close above 1.3480 session high opens 1.3490 prior swing
  • UoM Michigan sentiment 14:00 UTC could break the Asian range

01:17 UTC

Downtrend, now basing · RSI 51 · price 1.34772

Sold off then consolidating above session low.

GBPUSD sold off through the London-NY window from 1.3542 to a session low at 1.34596, then based and has consolidated 1.3466-1.3480 through the quiet Asia session as USD firmed off its one-month low on strong Philly Fed and jobless claims data. Price sits mid-range at 1.3477 with RSI back to neutral after the decline.

Support: 1.3466, 1.34596

Resistance: 1.3480, 1.34912

What it said to watch

  • Break below 1.3466 range floor exposes the 1.34596 session low
  • Reclaim of 1.3480 range top puts the 0.382 fib near 1.3491 in play
  • UoM Michigan sentiment 14:00 UTC could shift the USD side of this read

01:17 UTC

Downtrend stalling, now basing · RSI 55 · price 1.34772

Consolidation after NY selloff.

NY selling dragged GBPUSD off 1.3542 down to 1.3460, unwinding part of the overbought Sterling squeeze. Asian session has been basing between 1.3466 and the 1.3480 range top, RSI(14) recovered to mid-range with price now pressing the top edge near 1.3477.

Support: 1.3466, 1.34596

Resistance: 1.3480, 1.3512

What it said to watch

  • M15 close above 1.3480 range top opens the path to 1.3512
  • Failure to hold 1.3466 range low exposes the 1.34596 swing low
  • UoM Michigan sentiment at 14:00 UTC could shift this read

01:02 UTC

Downtrend paused, now consolidating · RSI 51 · price 1.34766

Tight Asian range above the session low.

GBPUSD sold off through the London-NY session from 1.3542 to 1.3460, then settled into a tight low-volume Asian range between 1.3466 and 1.3480. RSI(14) has recovered to neutral near 51; range top at 1.3480 is capping the bounce while the swing low at 1.3460 marks the floor.

Support: 1.3466, 1.34596

Resistance: 1.3480, 1.3489

What it said to watch

  • Asia range break above 1.3480 opens the 1.3489 ema50 zone
  • Loss of the 1.3460 swing low extends the down-move
  • UoM sentiment / inflation expectations at 14:00 UTC could shift the USD read

01:01 UTC

Prior downtrend, now flat · RSI 50 · price 1.34766

Consolidation basing above session low.

NY session sold GBPUSD off from ~1.3540 down to a session low at 1.34596, in line with the digested overbought-Sterling pause sub-1.3560. Asia is now grinding in a tight 1.3466–1.3480 band on thin volume, RSI back to neutral near 50.

Support: 1.34658, 1.34596

Resistance: 1.34797, 1.3489

What it said to watch

  • Break above 1.34797 session high opens the path to 1.34890 swing high
  • Loss of 1.34658 swing low reopens the 1.34596 session low
  • UK labour data Jul 21 is the next scheduled catalyst for the Sterling squeeze

00:47 UTC

Downtrend, momentum flattening · RSI 44 · price 1.34703

Lower highs into tight Asia consolidation.

GBPUSD leaked lower through the London-NY session, printing a swing low at 1.34596 before recovering into a tight Asia consolidation between 1.34658 and the 1.34797 session high, which capped rebounds. Thin Asia-hours volume has price drifting back toward the lower edge at 1.34703, holding just under the downtrend line and stalling around the 38.2% fib of the 1.35422-1.34596 downleg.

Support: 1.34596, 1.34658

Resistance: 1.34797, 1.3508

What it said to watch

  • M15 close below 1.34596 confirms a fresh lower low and resumes the downtrend
  • Reclaim of the 1.34797 session high needed to break the lower-high sequence

00:46 UTC

Downtrend, consolidating at lows · RSI 44 · price 1.34703

Lower highs into a base near 1.3470.

Sterling slid through the London-NY sessions from 1.3542 to a 1.3460 swing low, then based between 1.3466 and 1.3480 through the Asia session with RSI mid-range. Price is pinned back near the lows sub-1.3480 as the multi-week squeeze digests.

Support: 1.3460, 1.3450

Resistance: 1.3480, 1.3500, 1.3512

What it said to watch

  • M15 close above 1.3480 session high opens 1.3500 psych
  • Break of 1.3460 swing low extends the down leg toward 1.3450 range support
  • UoM inflation expectations (14:00 UTC) could shift USD tone and this read

00:31 UTC

Downtrend easing into consolidation · RSI 49 · price 1.34709

Sold off through London/NY, basing near 1.3460, now ranging.

Cable slid through the London and NY sessions from 1.3542 to a 1.3460 base, twice finding demand near 1.3460 before a modest recovery. Now consolidating 1.3466-1.3480 in thin late-Asia volume with RSI(14) back to neutral around 48; the two-month-high squeeze is still digesting sub-1.3560.

Support: 1.3466, 1.34596

Resistance: 1.34797, 1.35006

What it said to watch

  • M15 close above 1.34797 opens the path back toward 1.3500
  • Failure to hold 1.34596 confirms a lower-low and extends the downtrend
  • UK labour data Tue is the next major catalyst for the Sterling rally

00:31 UTC

Downtrend easing into consolidation · RSI 46 · price 1.34709

Recovered off 1.3460 low, ranging sub-1.3480.

London-NY hours drove GBPUSD down from 1.3542 to a 1.3460 low as the Sterling squeeze digested overbought conditions. Price recovered to 1.3480 and is now consolidating around 1.3470 in thin Asia trade, holding a tight 1.3460-1.3480 range with RSI mid-band.

Support: 1.3460, 1.3466

Resistance: 1.3480, 1.3500

What it said to watch

  • M15 close above 1.3480 opens the path back toward 1.3500
  • Loss of 1.3460 resumes the decline toward 1.3450 support
  • UK labour data Tue Jul 21 06:00 UTC is the next hawkish-BoE test for the rally

00:17 UTC

Intraday decline, basing and recovering · RSI 53 · price 1.34747

Session low set, higher lows into Asia consolidation.

GBPUSD sold off through the London-NY window from ~1.3532 to a session low at 1.34596, then based and ground back to 1.3479, fitting the digest's picture of a stretched Sterling rally consolidating sub-1.3560. Asia session is now coiled in a tight 1.3474-1.3479 band on thin volume, RSI mid-range and ATR compressed near 3 pips.

Support: 1.3466, 1.34596

Resistance: 1.3479, 1.3500

What it said to watch

  • M15 close above 1.3479 recent high reopens the path to 1.3500
  • Failure to hold 1.3466 base reexposes the 1.34596 session low
  • UK labour data Jul 21 is the next scheduled catalyst for the Sterling read

00:17 UTC

Downtrend, stabilising in Asia · RSI 55 · price 1.34747

Recovery consolidation off session low.

London-NY sold GBPUSD from 1.3542 down to 1.3460, digesting the stretched short-squeeze rally flagged in the macro read. Asia has since carved a tight recovery range 1.3466-1.3480 on thin volume, RSI(14) back to neutral near 55; no fresh direction in play.

Support: 1.34658, 1.34596

Resistance: 1.34797, 1.3489, 1.35139

What it said to watch

  • M15 close above 1.3480 extends the Asian-range recovery toward 1.3489
  • Loss of 1.3460 reopens the down-move low
  • UK labour data Jul 21 is the next major Sterling catalyst, not imminent this session

00:02 UTC

Prior downtrend, basing · RSI 57 · price 1.3477

Session low carved, slow recovery into consolidation.

GBPUSD sold off through the London-NY sessions from ~1.3540 to a session low at 1.34596, then based and ground slowly higher into thin Asian trade, now consolidating at 1.3477 just under the 1.3480 swing high. RSI(14) mid-range and ATR compressed to ~4 pips in the quiet session; no clean setup while price holds between 1.3460 and 1.3480.

Support: 1.3460, 1.3450

Resistance: 1.3480, 1.3512

What it said to watch

  • M15 close above 1.3480 opens the path back toward 1.3512
  • Loss of 1.3460 session low resumes the lower-low sequence toward 1.3450
  • Thin Asian liquidity — moves can overshoot both edges of the range

00:02 UTC

NY downleg, now consolidating · RSI 53 · price 1.3477

Tight range above session low.

NY session pushed GBPUSD from 1.3540 down to a 1.3459 session low, tracking a pause in the fiscal-driven GBP squeeze. Asia is now consolidating in a thin 1.3466-1.3480 range on light volume, RSI(14) recovered off the low to mid-range.

Support: 1.3466, 1.3459

Resistance: 1.3480, 1.3512

What it said to watch

  • M15 close above 1.3480 breaks the Asian range top
  • Failure to hold 1.3459 confirms a fresh lower low
  • UK jobs report Jul 21 06:00 UTC is the next major catalyst

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