Higher highs/higher lows since the 1.3335 low, now coiling in a 10-pip band.
Cable rallied through the NY session off the 12:15 UTC low at 1.3335, clearing the London prior high at 1.3376 as dollar longs were pared into the weekend. Last three hours have been a tight 1.3387–1.3398 consolidation just under the round number, RSI(14) near 64 and ATR(14) only ~5 pips.
Support: 1.3387, 1.3376, 1.3335
Resistance: 1.3398, 1.3400
What it said to watch
A close above the 1.3398 session high opens the 1.3400 round number
Loss of the 1.3387 range floor breaks the higher-low chain and turns focus back to 1.3376 prior high
Final bars are the Friday close — weekend gap risk against this tight consolidation
Higher highs and higher lows off 1.3335, now compressing under the session high.
NY session drove a one-way recovery from the 1.3335 session low through the 1.3376 breakout zone, and the last ten bars have compressed into a 1.3388–1.3398 band right under the session high with RSI(14) near 70. Bar volume has thinned into the Friday close, so the grind higher is happening on very little participation and ATR is down to ~5 pips.
Support: 1.3388, 1.3376, 1.3335
Resistance: 1.3398, 1.3400, 1.3435
What it said to watch
Acceptance above 1.3398 puts the 1.3400 psych level and the 1.3435 prior high in play
Loss of the 1.3388 consol low would be the first lower low since the 1.3335 session low
Thin late-Friday liquidity can exaggerate moves in both directions; the ascending support line off 1.3339 is the reference for the recovery leg
No GBP or USD calendar risk in the next 8h; the read resets on the Asia session open
20:17 UTC
Uptrend, momentum flattening near session high · RSI 70 · price 1.33946
Higher highs and higher lows since the 12:15 UTC low, now coiling under the session high.
Cable based at 1.33353 in early NY and has ground higher all afternoon, clearing the 1.33765 prior high and stalling into the 1.33975 session high — the leg tracks softer US industrial production trimming a little dollar edge. Last two hours are pure consolidation in a 1.33870–1.33975 band with RSI(14) near 70 and ATR(14) at roughly 6 pips.
Support: 1.3387, 1.33765, 1.33353
Resistance: 1.33975, 1.3400
What it said to watch
M15 close below 1.33870 range low breaks the ascending support off the session low and ends the higher-low chain
Acceptance above the 1.33975 session high puts the 1.3400 round number in play
Final hour of NY on a Friday — thin liquidity into the weekly close can distort the read
Higher highs/higher lows off the London low, now a tight late-NY range.
GBPUSD ground higher through the NY session off the 1.3335 low, helped by soft US Industrial Production and a partial retrace in UST yields, before stalling at the 1.33973 session high. Last three hours are a 10-pip consolidation between the 1.3387 range floor and that high, with RSI(14) near 64 and ATR(14) around 6 pips — liquidity thinning into the weekly close.
Support: 1.3387, 1.33822, 1.33765
Resistance: 1.33973, 1.3400
What it said to watch
Close above the 1.33973 session high opens the 1.34000 round number
Loss of the 1.3387 range floor puts the 1.33822 swing low back in play and ends the higher-low chain
Very low volume on the final bars — early-week gap risk versus the 1.33765 prior high
19:47 UTC
Uptrend, momentum flattening late NY · RSI 72 · price 1.33942
Higher highs and higher lows off the 12:15 UTC session low, now coiling under the session high.
Cable based at the 1.3335 session low around midday and ground higher all NY afternoon, clearing the 1.3376 london high and posting a 1.3397 session high with RSI(14) near 72. Last three hours are a tight 1.3387–1.3397 consolidation as the dollar eased off its highs after the soft US industrial production print; ATR(14) has compressed to about 6.5 pips into the Friday close.
Support: 1.3387, 1.3376, 1.3335
Resistance: 1.3397, 1.3400
What it said to watch
A 15-minute close above 1.3397 puts the 1.3400 round number in play and extends the higher-high chain
Loss of the 1.3387 range base breaks the ascending sequence of higher lows; below 1.3376 london high the NY advance is fully retraced
Thin late-Friday liquidity can distort the last bars of the range; Monday's Fedspeak (Goolsbee 10:30 UTC) is the first catalyst able to reshape this read
Higher highs / higher lows off 1.3335, now coiling under 1.3397.
Cable based twice at 1.3335 around midday, then ground higher through the NY session to a 1.3397 session high, clearing the 1.3376 breakout lvl on the way; the retail sales beat earlier gave only a few pips before the dollar pullback did the work. Last ten bars are a tight 1.3387–1.3397 coil with RSI(14) near 71 and ATR(14) ~6 pips, so the advance is stalling rather than reversing into the late NY hours.
Support: 1.3387, 1.3376, 1.3335
Resistance: 1.3397, 1.3400
What it said to watch
Acceptance above 1.3397 puts the 1.3400 round number in play
Loss of the 1.3387 micro base breaks the higher-low chain built off the session low
A slip back under the 1.3376 breakout lvl would negate the NY recovery
Thin late-Friday liquidity can distort the coil; no GBP/USD data risk before next week's flash PMIs
19:17 UTC
Uptrend, grinding higher into the close · RSI 71 · price 1.33955
Higher highs / higher lows off the 12:15 UTC low, fresh session high.
Cable has ground out roughly 60 pips from the 1.3335 area low, with NY hours producing an unbroken higher-high/higher-low chain and a fresh session high at 1.33956 on the last bar. The prior four hours were a tight consolidation between the 1.3387 consol low and 1.3395, now resolving upward; soft US industrial production and Friday's UK retail sales beat sit behind the drift. RSI(14) near 71 is hot but not extreme, ATR(14) about 6.5 pips — ranges are compressing into the weekly close.
Support: 1.3387, 1.33765, 1.33392
Resistance: 1.33956, 1.3400
What it said to watch
1.34000 round number directly overhead — area to monitor for rejection or a clean break
A 15m close back below the 1.3387 consol low breaks the NY higher-low chain; 1.33765 prior high is the next shelf, with the 1.33392 ny low the base of the advance
Thin late-Friday liquidity into the weekly close can distort the final bars; no GBP or USD data due in the next 8 hours
Higher highs / higher lows off 1.33353, now coiled under the session high.
Cable carved a session low at 1.33353 in early NY and has ground ~58 pips higher, breaking the 1.33765 prior high as the dollar gave back part of its post-FOMC gain on soft US industrial production. Last six bars are pinned in a 1.33870–1.33938 band with RSI(14) near 70 and ATR down to ~6 pips — a tight consolidation under the session high, final bar volume near zero into the weekly close.
Support: 1.3387, 1.33765, 1.33632
Resistance: 1.33938, 1.3400
What it said to watch
A close above the 1.33938 session high opens the path to the 1.34000 psych level
Loss of the 1.33870 range floor puts the 1.33765 prior high back in play and breaks the higher-low chain
Thin final bar reflects the weekly close; Monday Fedspeak (Goolsbee) is the next catalyst for this range
Higher highs / higher lows since 1.3335, now consolidating under session high.
Cable based at the 1.3335 session low in early NY and ran ~60 pips as the dollar gave back part of its post-FOMC gain, clearing the 1.3375 broken high before stalling at the 1.33938 session high. Last six bars are a tight 1.3387–1.3394 consolidation on fading late-NY volume, RSI(14) near 66 with no divergence; ATR(14) ~7 pips.
Support: 1.3387, 1.3375, 1.3335
Resistance: 1.33938, 1.3400
What it said to watch
Close above the 1.33938 session high opens the 1.3400 round number
Loss of the 1.3387 micro base puts the 1.3375 broken high back in play and ends the higher-low chain
No scheduled GBP or USD releases in the next 8h — thin late-session liquidity can distort the range
18:31 UTC
Uptrend, momentum flattening at the highs · RSI 72 · price 1.33891
HH/HL chain off the 1.33353 midday low, now consolidating under the session high.
Cable ground higher through the NY session, clearing the prior high at 1.33765 and printing a session high at 1.33938, helped by a softer US industrial production print. The last five bars are a tight micro base between 1.33881 and 1.33938 with RSI(14) near 72 and ATR(14) compressed to ~7 pips into the close.
Support: 1.33881, 1.33765, 1.33652
Resistance: 1.33938, 1.3400
What it said to watch
Acceptance above 1.33938 session high puts the 1.34000 round number in play
Close back under 1.33881 micro base would end the late-session consolidation at the highs
Loss of the 1.33652 swing low would break the NY HH/HL chain
Thin liquidity into the weekly close can distort the 1.33881–1.33938 range read
18:17 UTC
Uptrend, extended into late NY · RSI 73 · price 1.33904
Higher highs/higher lows off the 1.3335 NY low, now consolidating under the session high.
Cable reversed hard from the 1.33353 NY low, cleared the 1.33765 prior high and printed a session high at 1.33938 as the soft US industrial production print took some edge off the dollar and the UK retail sales beat was re-priced. Last four bars are a tight 1.3388-1.3394 consolidation with RSI(14) near 73 and ATR(14) around 7 pips — momentum intact but stretched into the late-NY hours.
Support: 1.33822, 1.33765, 1.33655
Resistance: 1.33938, 1.3400
What it said to watch
Acceptance above the 1.33938 session high opens the 1.3400 psych level
Loss of the 1.33822 swing low breaks the higher-low chain built through the NY leg
A close back under the 1.33765 prior high invalidates the NY breakout read
No high-impact GBP or USD releases in the next 8h; late-NY liquidity thins and can widen ranges beyond the 7-pip ATR
18:02 UTC
Intraday uptrend, momentum cooling into late NY · RSI 73 · price 1.33883
Higher highs / higher lows off the day low, consolidating just under session high.
London's slide into 1.33353 — the day low — was fully reversed through the NY session, with a chain of higher highs to a session high of 1.33938 as the soft US industrial production print took some edge off the dollar. The last three bars are coiling in a 1.3388–1.3394 band beneath the 1.3400 round number, with the earlier prior high at 1.33755 now well below price.
Support: 1.33822, 1.33755, 1.33353
Resistance: 1.33938, 1.3400
What it said to watch
Loss of the 1.33822 swing low would break the higher-low chain of the NY leg
Acceptance above the 1.3400 round number extends the NY leg; repeated rejection at the 1.33938 session high caps it
Rising support off the day low still intact — a close beneath it flattens the intraday uptrend read
RSI(14) near 73 with range compressing into the late NY session; ATR(14) ~7 pips means small bar sizes
17:47 UTC
Uptrend, extended into session high · RSI 77 · price 1.33914
Higher highs / higher lows since the session low, no pullback yet.
Cable carved out the session low at 1.33353 around midday and has rallied in a clean HH/HL chain through NY hours, the recovery leg accelerating after the soft US industrial production print and taking out the 1.33755 prior high on the way to a 1.33938 session high. RSI(14) near 77 and ATR(14) at ~8.6 pips shows the move is hot but orderly; the final bar is thin into the late-NY Friday close.
Support: 1.33822, 1.33755, 1.33353
Resistance: 1.33938, 1.3400
What it said to watch
Acceptance above the 1.33938 session high opens the 1.34000 round number
Loss of the 1.3382 micro pivot is the first crack in the NY rising base off the session low
An M15 close back under the 1.33755 prior high negates the breakout and returns price to the 1.3335-1.3375 band
No scheduled GBP/USD catalysts before the weekend; UK and US flash PMIs Wed 23 Sep are the next event risk
Higher highs / higher lows off the 1.3335 session low, price at window high.
NY hours extended the leg off the 1.3335 session low, breaking the earlier 1.3376 prior high and printing the window high at 1.33938, helped by the UK retail sales beat and a soft US industrial production print. RSI(14) near 79 with ATR(14) only ~8 pips — the advance is stretched into the 1.3400 round number.
Support: 1.33822, 1.33765, 1.33353
Resistance: 1.33938, 1.3400
What it said to watch
Failure to hold the 1.33822 swing low would break the higher-low chain
A loss of 1.33765 prior high returns price into the earlier London range
Rejection at the 1.33938 session high / 1.3400 round number would mark the NY range top
Late-Friday liquidity thinning into the close can distort the closing bars
17:17 UTC
Uptrend, extended into NY close · RSI 77 · price 1.33927
Higher highs / higher lows off the 1.33353 low, price at session high.
NY afternoon cleared the london high at 1.33765 and pressed to a session high of 1.33929, extending the recovery off the 12:15 UTC low at 1.33353 as the USD bid faded and Friday's UK retail sales beat finally stuck. RSI(14) near 77 with ATR(14) about 9 pips, and the rising lows line off the pullback low at 1.33662 has not been tested since.
Support: 1.33819, 1.33765, 1.33662
Resistance: 1.33929, 1.3400
What it said to watch
M15 close back under the 1.33819 swing low breaks the higher-low chain
1.3400 psych is the next overhead reference — area to monitor for rejection or break
Loss of 1.33765 london high would put the breakout back inside the prior session range
Thin late-Friday liquidity into the NY close can exaggerate this leg; no GBP/USD data risk until next week
Higher highs / higher lows off the session low, prior range top cleared.
Cable based twice near the 1.3335 session low through mid-NY, then ran ~50 pips to a 1.33855 session high, clearing the London prior high at 1.3375 — the retail sales beat finally getting traction as the dollar bid eased late in the session. Price sits at the top of the 24h range with RSI(14) near 74 and ATR(14) ~8 pips; the 1.3390 round number is the next overhead reference.
Support: 1.33765, 1.33662, 1.33353
Resistance: 1.33855, 1.3390
What it said to watch
M15 close back under the 1.3375 prior high would turn the breakout into a false break
Loss of the 1.33662 swing low breaks the rising support line and the higher-low chain
Rejection at the 1.3390 round number would cap the recovery inside the day's range
No high-impact GBP or USD data in the next session; late-NY liquidity thinning into the weekly close
16:47 UTC
Uptrend on the NY leg, RSI hot · RSI 71 · price 1.33837
Higher highs / higher lows since the 1.3335 session low; day's range top broken.
London hours sold cable from 1.33755 down to a 1.33353 session low, and the NY session has retraced all of it — price is closing at 1.33837 just under the 1.33846 session high, having taken out the earlier 1.33765 prior high. The recovery leans on the soft US Industrial Production miss after this morning's UK retail sales beat was initially surrendered; RSI(14) near 71 is hot but not extreme, ATR(14) ~8 pips.
Support: 1.33765, 1.33652, 1.33353
Resistance: 1.33846, 1.3390
What it said to watch
A close back below 1.33765 prior high would negate the breakout and put price back inside the day's range
Loss of 1.33652 swing low re-opens the 1.33353 session low
Acceptance above 1.33846 session high exposes the 1.3390 psych area
Late-Friday liquidity thins into the close — moves beyond ATR can fade quickly
Cable based twice around 1.3335-1.3339 into the London afternoon — the seven-week low area after the BoE hold — then the retail sales beat and a softer US industrial production print fuelled a steady NY-session recovery through 1.3355 and 1.3365. Price is now at the 24h session high of 1.33797 with RSI(14) near 73, short-term hot but consistent with the HH/HL chain; ATR(14) is a thin 9 pips.
Support: 1.33662, 1.33554, 1.33353
Resistance: 1.33797, 1.3390
What it said to watch
Acceptance above the 1.33797 session high opens the 1.3390 psych area — zone to monitor for rejection or continuation
A 15-minute close back below the 1.33662 swing low breaks the higher-low chain and puts the 1.33554 break base back in play
Loss of 1.33353 session low would confirm a fresh lower low and re-expose the 1.3300 area
No top-tier GBP or USD data in the next 8h; Fedspeak early next week and Wed flash PMIs are the next catalysts
Double bottom off session low, higher highs into day high.
London sold cable from 1.3366 down to a 1.33353 session low into the NY open, then a double bottom at 1.3339 held and the first hour of NY has retraced the entire leg — spot is pressing the 1.33765 day high with RSI(14) near 69. The retail sales beat earlier failed to hold a bid, so this recovery is USD-side give-back rather than fresh GBP demand; first attempt at the day high was rejected at 15:30 UTC before price returned to it.
Support: 1.33632, 1.3339, 1.33353
Resistance: 1.33765, 1.3390
What it said to watch
M15 close above 1.33765 day high extends the recovery leg toward 1.339 psych
Loss of 1.33632 swing low re-opens the 1.3339 dbl bottom and 1.33353 session low
No top-tier GBP or USD data in the next 8h — flow-driven session drift likely into the close
Double bottom near 1.3339/1.3335, higher highs since NY open.
London hours sold cable from 1.3366 to a session low of 1.3335 as the retail sales beat was surrendered, then NY hours reversed the whole leg with a clean break back above 1.3365 to a session high of 1.3376. That high has been rejected once and price is consolidating 6 pips beneath it with RSI(14) near 63 and ATR(14) around 9 pips.
Support: 1.3363, 1.3339, 1.3335
Resistance: 1.3376, 1.3390
What it said to watch
M15 close above the 1.3376 session high opens the 1.3390 round number
Loss of 1.3363 micro low puts the 1.3339 double bottom back in play
Sustained break under 1.3335 session low confirms a fresh intraday lower-low
Late-Friday NY liquidity thinning can distort the range read into the close
15:47 UTC
Intraday recovery off session low, near session high · RSI 69 · price 1.33686
V-shaped reclaim of the day's range; chain of higher lows since 1.3335.
London hours leaked lower into a 1.33353 session low around 12:15 UTC, but NY reversed the entire move, price now back at 1.33686 after tapping 1.33765 — the same area that capped the early-London push at 1.33755, leaving a double top on the session high. Higher lows have held since the false break below 1.3340, with RSI(14) near 68 and ATR(14) at 8.6 pips.
Support: 1.33554, 1.3339, 1.33353
Resistance: 1.33765, 1.3380
What it said to watch
M15 close above 1.33765 session high would negate the double top and open the 1.3380 psych area
Loss of 1.33554 range mid breaks the rising-lows sequence and puts 1.3339 swing low back in play
Friday late-NY liquidity thins into the close; range edges can be swept on light flow
Double bottom at 1.3335/1.3339, back at session high.
Mid-London selling took Cable to 1.33353, a fresh seven-week low, with the strong UK retail sales beat doing little against a firm post-Fed dollar; a second, higher low at 1.3339 held and the first hours of NY have retraced the entire decline. Price now sits 1-2 pips under the session high at 1.33755, which capped the London push earlier, with RSI(14) near 67 and ATR(14) around 9 pips.
Support: 1.3354, 1.3339, 1.33353
Resistance: 1.33755, 1.3400
What it said to watch
M15 close above the 1.33755 session high would extend the recovery and put the 1.3400 round number in range
Failure at 1.33755 a second time keeps the day's 1.3335-1.3375 span intact
Loss of the 1.3339 higher low and the ema20 near 1.3354 re-opens the 1.33353 session low
Thin late-Friday NY liquidity can exaggerate moves in either direction into the close
Lower highs from 1.3375 into the 1.3335 day low, then a higher low at 1.3339.
Cable bled from the 1.33755 london high through the London-NY transition to a 1.33353 day low — the 7-week low area — with the retail sales beat doing nothing to offset post-BoE/post-Fed GBP heaviness. The last hour produced a 27-pip snapback to a 1.33657 bounce high off a higher low at 1.3339, leaving price back above ema20 near 1.3353; ATR(14) 8.6 pips, RSI(14) mid-range at 54.
Support: 1.3353, 1.3339, 1.33353
Resistance: 1.33657, 1.33755
What it said to watch
M15 close back below 1.3339 higher low re-exposes the 1.33353 day low
Acceptance above the 1.33657 bounce high is needed for the recovery to reach the 1.33755 london high
Late-Friday NY liquidity thins after 16:00 UTC — moves into the close can distort the intraday structure
Chain of lower highs from 1.33755; basing in a 1.3339–1.3350 range since the NY-open low.
Cable sold off through the London-NY transition, losing the 1.33545 breakdown shelf and printing a day low at 1.33353 — the retail sales beat bought Sterling nothing against a post-Fed dollar. Since the NY open price has chopped in a tight 1.3339–1.3350 band with the ema20 at 1.33506 capping each bounce and RSI(14) recovering to ~42 from the lows; ATR(14) at 8 pips.
Support: 1.33392, 1.33353, 1.3330
Resistance: 1.33506, 1.33545
What it said to watch
A 15m close above the 1.33545 breakdown shelf would break the lower-high chain
Failure to hold 1.33392 puts the 1.33353 day low and the 1.3330 psych area back in play
Price still beneath the ema20 — reclaiming it is the first sign the intraday slide is stalling
Fed speakers early next week are the next scheduled catalyst for this read
14:31 UTC
Downtrend, momentum stalling at the lows · RSI 42 · price 1.33473
Lower highs / lower lows since 10:30 UTC, now basing 1.3339-1.3351.
Cable lost the 1.3366 range base into the NY session and slid to a session low at 1.33353, a couple of pips off Thursday's 7-week low — the retail sales beat bought Sterling nothing with the hawkish BoE hold already priced. Last six bars have consolidated between the 1.33390 micro low and the 1.33508 bounce high, RSI(14) around 42 and price under both EMA20 and EMA50; ATR(14) 8.6 pips.
Support: 1.3339, 1.33353, 1.3330
Resistance: 1.33508, 1.33576, 1.3366
What it said to watch
M15 close above the 1.33508 bounce high breaks the lower-high chain; reclaiming 1.33576 would negate the breakdown
Failure to hold the 1.33353 session low confirms a lower low and exposes the 1.3330 round number
Loss of the 1.33390 micro low is the first sign the consolidation resolves lower
Thinning liquidity into the Friday close can exaggerate moves inside this range
NY session broke the London range low: price rolled off the 1.33660 pre-drop base and sold through 1.3350 to a session low of 1.33353, consistent with the GBP-heavy tone that left Friday's retail sales beat unrewarded. The bounce stalled at the 1.33508 bounce high and price is back at 1.33393 with RSI(14) near 38 and ATR(14) about 9 pips; session high 1.33755 is now well out of reach.
Support: 1.33353, 1.3330
Resistance: 1.33508, 1.3366, 1.33755
What it said to watch
M15 close back above the 1.33508 bounce high would break the lower-high chain
Failure to hold the 1.33353 session low confirms a lower low and exposes the 1.3330 round number
No first-tier GBP or USD calendar events in the next 8h; flow-driven drift into the London-NY close is the base case
London range broke lower into NY open, lower highs since.
The 1.3364-1.3375 London range base gave way an hour before the NY open and cable flushed to a session low of 1.33353, consistent with the post-BoE 6-3 hold / post-Fed hike tone where Friday's retail sales beat only cushioned the move. The bounce has been capped at 1.33508 with rejection there twice, leaving price pinned under EMA20 and EMA50 in a 1.3335-1.3351 band; RSI(14) near 40, ATR(14) about 8 pips.
Support: 1.33353, 1.3330
Resistance: 1.33508, 1.33545, 1.33666
What it said to watch
A 15-minute close back above 1.33545 (prior low) would invalidate the range break read
Failure to hold the 1.33353 session low confirms a lower low and exposes the 1.3330 psych marker
Thin late-session liquidity into the London-NY handover can widen the 1.3335-1.3351 band without changing structure
13:46 UTC
Downtrend, momentum easing after new low · RSI 38 · price 1.33493
Lower highs and lower lows since London high; session low printed, corrective bounce in progress.
Cable rolled over through the London afternoon and into the NY open, breaking the 1.33545 prior shelf and extending to a session low of 1.33353 — the BoE's 6-3 hold still weighing, with Friday's strong retail sales only cushioning the slide. First hour of NY has produced a shallow bounce that is stalling at 1.33487-1.33508, with price still under EMA20 and EMA50 and RSI(14) near 38.
Support: 1.33353, 1.3330
Resistance: 1.33508, 1.33545
What it said to watch
A 15m close back above 1.33545 would break the lower-high chain and neutralise the downtrend read
Failure to hold 1.33353 session low exposes the 1.3330-1.3300 round number area
ATR(14) at ~7.6 pips — bounce attempts under 1.33508 bounce high are within noise
Friday NY afternoon liquidity thinning can distort the late-session range
Lower highs and lower lows since the 1.33755 Asia high; session low just printed.
Late-London selling broke the 1.3360 breakdown pt and dragged cable to a 1.33353 session low, back into the post-BoE weekly low area, with the hawkish Fed hike keeping USD firm and the August retail sales beat only cushioning the slide. The 1.33510 bounce high capped the recovery into the NY open; RSI(14) near 32 and the chain of lower highs from the 1.33725 london high is still intact.
Support: 1.33353, 1.3330
Resistance: 1.3351, 1.3360, 1.33725
What it said to watch
A close back above the 1.33510 bounce high, then 1.33600, would break the sequence of lower highs
Loss of the 1.33353 session low exposes the 1.33300 round number
First hour of NY after the US Industrial Production print can widen ranges — ATR(14) is only ~7 pips
Lower highs into NY, fresh session low then bounce.
GBPUSD lost the 1.3360 range floor that had held all of London and pushed to a fresh session low at 1.33353 in early NY hours, effectively a retest of yesterday's cycle low around 1.3336 — the morning retail sales beat produced no lasting lift with post-BoE Sterling weakness still setting the tone. Price has recovered to 1.3348 off a 1.3352 bounce high, RSI(14) at ~36 and ATR(14) near 7 pips.
Support: 1.33353, 1.3300
Resistance: 1.3352, 1.3360, 1.33755
What it said to watch
M15 close back above the 1.336 range floor would negate the range break
Failure to hold the 1.33353 session low confirms a lower low with the 1.33 round number the next reference
US Industrial Production lands at 13:15 UTC, inside the next bar, and can reset this intraday read
Recovery attempts remain capped while the 1.33755 day high is unchallenged
Range break lower, lower highs into the NY handover.
Price lost the London 1.33545–1.33690 range around 10:30 UTC and ground down to a session low of 1.33353, a second tap of yesterday's 1.3336 cycle low as post-BoE sterling softness stayed in force. RSI(14) at ~31 with ATR near 7 pips; the broken range floor at 1.33545 is the first level capping any bounce, with the day high at 1.33755 well above.
Support: 1.33353, 1.3330
Resistance: 1.33545, 1.3369, 1.33755
What it said to watch
M15 close back above 1.33545 negates the range break
Failure to hold 1.33353 confirms a lower low and exposes the 1.33300 psych level
US Industrial Production at 13:15 UTC lands inside the next bar and can reset this range
12:46 UTC
Downtrend, impulsive leg in progress · RSI 22 · price 1.33353
Lower highs and lower lows, range floor broken.
London ground up to a 1.33755 session high before NY pre-open selling sliced the 1.3366 range floor and the 1.33545 shelf, taking price back to yesterday's post-BoE low at 1.3336 — the 6-3 hold read as not hawkish enough against a firm post-Fed dollar. RSI(14) near 22 is oversold and ATR(14) is only ~7 pips, so this last leg is already several times normal bar range.
Support: 1.3336, 1.3300
Resistance: 1.33545, 1.3366, 1.33755
What it said to watch
Acceptance below the 1.3336 prev day low confirms continuation toward the 1.3300 round number
A reclaim of the 1.33545 broken low would neutralise the range break
US Industrial Production at 13:15 UTC lands inside the next bar period and can reprice the dollar leg
London range broke down; lower highs into a new session low.
The retail-sales pop at 06:00 GMT stalled at 1.33755 and the 1.3360-1.33755 London range broke down in the last 90 minutes, printing a session low at 1.33395 with RSI(14) near 28. Price is holding just above the 1.3336 prior low, ATR(14) at 6.4 pips, with supply capping each bounce under 1.3360.
Support: 1.33395, 1.3336, 1.3330
Resistance: 1.3360, 1.33725, 1.33755
What it said to watch
A 15m close back above 1.3360 broken level would invalidate the breakdown read
Failure to hold 1.3336 prior low confirms a lower low and opens the 1.3330 psych area
US Industrial Production at 13:15 GMT lands just before the NY open and can reset this range
Price lost the 1.3360–1.3375 band it held through the London session, sliding into the London-NY transition to a session low at 1.3342 with RSI(14) near 32 and ATR(14) around 6 pips. Sterling stays heavy after the 6-3 BoE hold, the retail sales beat only funding a shallow push to the 1.3375 range top before supply returned.
Support: 1.3342, 1.3336, 1.3300
Resistance: 1.3360, 1.3375
What it said to watch
M15 close back above the 1.3360 broken shelf would negate the range break
Failure to hold 1.3342 session low exposes the 1.3336 prior low
US Industrial Production 13:15 GMT lands inside the next bar period and could reset the intraday range
Cable spent the London session grinding in a 1.3360–1.3375 band before breaking down in the last hour and a half, printing a session low at 1.3345 with RSI(14) near 29. The strong UK retail sales beat produced no upside follow-through, and each push toward 1.3375 was met with rejection — the week low at 1.3336 is now the nearest untested reference.
Support: 1.3345, 1.3336
Resistance: 1.3360, 1.3375
What it said to watch
Failure to hold 1.3345 puts the 1.3336 week low in play
A 15m close back above 1.3360 range low would invalidate the breakdown read
US Industrial Production at 13:15 GMT lands inside the NY open window and can reset the intraday range
Cable ground sideways between the 1.3360 shelf and the 1.33755 session high through London before breaking the shelf in the last hour, printing a session low at 1.33495 with RSI(14) down near 33 and price under both EMA20 and EMA50. The August retail sales beat produced no follow-through earlier in the window — the bounce to 1.3363 was rejected and sellers reclaimed the lows into the London-NY transition.
Support: 1.33495, 1.3336
Resistance: 1.3360, 1.33755
What it said to watch
M15 close back above the 1.3360 shelf would invalidate the range break
Failure to hold 1.33495 session low exposes the 1.3336 week low
US Industrial Production at 13:15 GMT lands in the first NY hour and could set the next leg
11:31 UTC
Range-bound, drifting lower into NY · RSI 40 · price 1.33577
Intraday range 1.3350-1.3376, lower highs since the 07:00 broker-time peak.
Cable spent the London session grinding between 1.3360 and the 1.33755 session high before a sharp 10:30 GMT slide dug out a session low at 1.33495 and was immediately bought back — a false break that left price pinned just under the 1.3367 ema20. The big UK retail sales beat produced no follow-through, consistent with rallies being capped; RSI(14) near 40 and ATR(14) at ~6 pips describe a slow, mean-reverting tape.
Support: 1.33495, 1.3336
Resistance: 1.3367, 1.33755
What it said to watch
Reclaiming the 1.3367 ema20 on a close would re-open the 1.33755 session high
A close below 1.33495 session low turns the false break into a genuine breakdown toward the 1.3336 week low
US Industrial Production at 13:15 GMT is the only scheduled risk inside the next few bars
London range broken lower, lower highs from 1.33755.
The London range between 1.33604 and the 1.33755 session high broke lower in the last hour, with price tagging 1.33495 before snapping straight back to 1.33597. Price is now retesting the underside of that broken range while holding below EMA20 and EMA50, RSI(14) near 41 — sterling still heavy under the post-BoE/post-Fed policy-gap tone despite the retail sales beat.
Support: 1.33495, 1.3336
Resistance: 1.33675, 1.33755
What it said to watch
M15 close back above 1.33675 broken range would mark the breakdown as a false break
Acceptance below the 1.33495 session low puts the 1.33360 prior day low back in play
US Industrial Production at 13:15 GMT lands inside the next bar block and can reset the NY range
11:01 UTC
Rolling over after a failed London push · RSI 34 · price 1.33534
Lower highs since the session high, back inside the Asian range.
The retail sales beat at 06:00 GMT lifted cable off 1.33605 to a session high of 1.33755, but the move above the asia high failed and the last bar dumped 12 pips back to 1.33534 — inside the Asian range and below both the ema20 and EMA50. RSI(14) at 34 with ATR(14) near 6 pips; lower highs have built through the London morning and 1.33471 asia low is the next reference beneath.
Support: 1.33471, 1.3336
Resistance: 1.33634, 1.3368, 1.33755
What it said to watch
Reclaim of the 1.33680 ema20 would neutralise the lower-high sequence
Loss of 1.33471 asia low exposes the 1.33360 prev day low
US Industrial Production at 13:15 GMT lands into the NY open and can reset this intraday range
10:46 UTC
Sideways, no directional impulse · RSI 47 · price 1.33657
Range between 1.3360 and 1.3375 after the post-BoE base at 1.3336.
Cable has been locked in a 15-pip band between the 1.33604 session low and the 1.33755 session high since the 06:00 GMT Retail Sales beat, which lifted price off 1.3360 but failed to extend past the earlier session high. RSI(14) at 47 and ATR(14) at just 5.5 pips confirm mid-London compression; 1.3336 week low remains the reference base from yesterday's BoE reaction.
Support: 1.33604, 1.33549, 1.3336
Resistance: 1.33755, 1.3383
What it said to watch
M15 close above 1.33755 session high would end the range read and reopen 1.33830 prior high
Loss of 1.33604 session low puts the 1.33549 asia low back in play
US Industrial Production at 13:15 GMT is the only near-term catalyst and could break this compression
10:31 UTC
Sideways after shallow recovery off 1.3336 · RSI 49 · price 1.33681
Tight range 1.3360-1.3375 above broken Asian range high.
Cable cleared the Asian range high near 1.3363 in early hours and has since chopped in a 15-pip band between 1.3360 and the 1.3375 session high, with the Retail Sales beat at the London open producing a spike that was immediately absorbed. Price sits on EMA20 with RSI(14) near 49 and ATR(14) just 6 pips — no structural move in play, the week low at 1.3336 still untested from above.
Support: 1.3360, 1.3336
Resistance: 1.3375, 1.3395
What it said to watch
M15 close below the 1.3360 range floor reopens the 1.3336 week low
Sustained close above the 1.3375 session high is needed before the 1.3395 prior high comes into range
US Industrial Production at 13:15 GMT is the only scheduled event before the London-NY transition and could break this range
Intraday range after basing off 1.3336; higher lows since Asia.
Cable has chopped in a 1.3360–1.33755 band through the London session, having based twice around the 1.3336 week low after the BoE hold knocked it lower yesterday. The 06:00 GMT Retail Sales beat lifted price off the range low but buyers have not cleared the session high; RSI(14) is flat near 51 with ATR(14) just 5.4 pips — a compressed, low-participation range.
Support: 1.3360, 1.3336
Resistance: 1.33755, 1.3395
What it said to watch
M15 close above the 1.33755 session high would open the path toward the 1.3395 prior high
Loss of the 1.3360 range low re-exposes the 1.3336 week low and invalidates the higher-low sequence
No high-impact GBP or USD prints scheduled in the next 8 hours; range likely stays USD-led into the weekend
Higher lows from 1.3336, capped under 1.33755 session high.
London morning has been a 15-pip box between the 1.33604 range floor and the 1.33755 session high, the latter set right after the UK Retail Sales beat at the open; ATR(14) is just 5.5 pips and RSI(14) sits near 52 with price glued to EMA20. Two probes of 1.3375 were rejected, while the post-BoE slide low at 1.3336 (prev day low) is still the downside reference with the 200-dma zone near 1.3381 overhead.
Support: 1.33604, 1.33549, 1.3336
Resistance: 1.33755, 1.3381
What it said to watch
M15 close above 1.33755 session high invalidates the range read and puts the 200-dma zone at 1.33810 in play
Loss of the 1.33604 range floor exposes the 1.33549 asia low
US Industrial Production at 13:15 GMT is the only US data left this week and could break this consolidation
Intraday range 1.3360-1.3375 after higher lows off 1.3336.
The hard UK Retail Sales beat at the 07:00 London open lifted cable off 1.3360 to 1.3375, but the pop was sold back and price has spent the last four hours pinned mid-range around 1.3367, sitting on EMA20 and above EMA50. RSI(14) at 54 with ATR(14) just 5.6 pips — no directional impulse since the post-BoE slide to 1.3336 yesterday afternoon.
Support: 1.3360, 1.3347, 1.3336
Resistance: 1.3375, 1.3395
What it said to watch
M15 close above the 1.3375 session high opens the 1.3395 prior high
Loss of the 1.3360 session low re-exposes the 1.3347 asia low and the 1.3336 prev day low
US Industrial Production at 13:15 GMT is the only scheduled catalyst left and could break this range
09:16 UTC
Sideways, mild upward drift off the BoE low · RSI 56 · price 1.33704
Intraday range 1.3360-1.3376 after a higher low sequence off 1.3336.
Sterling gapped lower on the 11:00 UTC BoE hold yesterday and bottomed at the 1.3336 prev day low in the NY session, since then grinding back up through Asia. London hours are ranging 1.33604-1.33755 with price mid-range at 1.33704, RSI(14) neutral near 56 and ATR(14) just 6.6 pips — compressed, no directional break yet.
Support: 1.33604, 1.33497, 1.3336
Resistance: 1.33755, 1.3383
What it said to watch
M15 close above the 1.33755 session high opens the 1.33830 prior swing
Loss of the 1.33604 session low re-exposes the 1.33497 ny low and the 1.3336 prev day low
US Industrial Production at 13:15 GMT is the nearest scheduled risk to this range read
08:46 UTC
Intraday recovery off the low, momentum flattening · RSI 55 · price 1.33715
Higher-low chain from 1.3336, consolidating under the session high.
The post-BoE drop yesterday bottomed at the 1.3336 jul-30 low, and London has ground price back to roughly the 52% retracement of that move, price holding above EMA20 with RSI(14) near 55. The 1.33755 session high capped two attempts after this morning's UK Retail Sales beat, while the rising lows off 1.33604 and the overnight asian range base at 1.33532 are still intact. ATR(14) at 5.6 pips — moves are small and mechanical inside the London range.
Support: 1.33604, 1.33532, 1.3336
Resistance: 1.33755, 1.33952
What it said to watch
M15 close above the 1.33755 session high opens the prior day hi at 1.33952
Loss of the 1.33604 session low breaks the rising-lows sequence and re-exposes 1.33532
US Industrial Production at 13:15 GMT could reprice the dollar leg and shift this range read
Higher lows off 1.3336, capped under session high.
Price has ground out a chain of higher lows since the post-BoE 1.3336 prev day low, with the UK Retail Sales beat at 06:00 UTC lifting the pair off the 1.33604 session low back to 1.33749. London hours are now coiling in a tight 1.3366–1.3375 range just under the session high, RSI(14) neutral near 53 and ATR(14) ~6 pips — no structural break in play.
Support: 1.33604, 1.33495, 1.3336
Resistance: 1.33755, 1.33952
What it said to watch
M15 close above the 1.33755 session high would extend the higher-low sequence toward 1.33952 prior high
Loss of the 1.33604 session low breaks the higher-low chain and re-exposes 1.33495 swing low
US Industrial Production at 13:15 GMT is the only scheduled risk in the next few hours and could widen this range
Higher lows off the prior day low, capped under the 1.33755 session high.
Yesterday's BoE hold dumped the pair from 1.34040 to a 1.33360 print; the Asian range then held 1.33471-1.33630 before the Retail Sales beat popped price to 1.33749, where supply capped it. Early London is fading back into the middle of a 1.33604-1.33755 session range with RSI(14) near 50 and ATR(14) at just 5.5 pips.
Support: 1.33604, 1.33471, 1.3336
Resistance: 1.33755, 1.3395
What it said to watch
M15 close above the 1.33755 session high would extend the recovery toward the 1.33950 post-boe high
Loss of the 1.33604 session low re-opens the 1.33471 asia low and the 1.33360 prior day low
US Industrial Production at 13:15 GMT is the only scheduled catalyst that could break this session range
Yesterday's 11:00 GMT BoE hold knocked the pair 45 pips off 1.3406 down to the 1.3336 prior day low, after which Asia built a higher-low base above 1.33471. The retail sales beat at the London open lifted price to 1.33749, matching the earlier 1.33755 session high, and the pair has since stalled at 1.3366 with RSI(14) mid-range and ATR(14) near 4.6 pips.
Support: 1.33605, 1.33471, 1.3336
Resistance: 1.33755, 1.3386
What it said to watch
M15 close above 1.33755 session high invalidates the double top read
Loss of 1.33605 swing low exposes the 1.33471 asian low
Fed's Bowman around 07:30 GMT and US industrial production later can reset intraday ranges
Range between 1.3355 and 1.3376, higher lows since the 1.3336 base.
Cable has gone nowhere since the 1.3336 post-BoE base, coiling in a 20-pip band; the UK retail sales beat at the 06:00 UTC print pushed price off 1.3361 back into the upper half of the Asian range. The 1.3376 asia high still caps, RSI(14) mid-40s and ATR ~4.5 pips — no structural break in play.
Support: 1.3361, 1.3355, 1.3336
Resistance: 1.3376, 1.3395
What it said to watch
M15 close above the 1.3376 asia high would end the range read and re-open 1.3395 prior high
Loss of 1.3355 asia low re-exposes the 1.3336 prior low
Fed's Bowman (07:30 GMT) and US industrial production (13:15 GMT) are the near-term catalysts that could break this range
Higher lows off 1.33360, capped under session high.
The vertical 44-pip drop mid-window was the BoE hold, extending to 1.33360 in NY hours; since then Asia and the London open have built a chain of higher lows back to the 50% retracement of that move. The UK Retail Sales beat at 06:00 UTC lifted price off the 1.33605 session low to 1.33755, and it has since stalled in a tight 15-pip band with RSI(14) flat near 49 and ATR(14) under 5 pips.
Support: 1.33605, 1.3336
Resistance: 1.33755, 1.3388
What it said to watch
M15 close above the 1.33755 session high extends the higher-low chain toward 1.33880 swing high
Loss of the 1.33605 session low breaks the rising support line and re-exposes the 1.33360 prior day low
US Industrial Production 13:15 GMT and Fed's Bowman are the next scheduled catalysts that could reprice this range
Higher lows inside a 1.3355-1.3375 Asian range, well above Thursday's low.
Cable is repairing the BoE-driven drop from 1.3406 to 1.3336 seen in Thursday's London hours, grinding out higher lows through Asia and lifting off 1.33605 on the 06:00 UTC UK retail sales release. Price sits mid-range under the 1.33755 asia high with RSI(14) near 57 and ATR(14) only ~4 pips — compressed into the London open.
Support: 1.33605, 1.33549, 1.3336
Resistance: 1.33755, 1.33952
What it said to watch
M15 close above the 1.33755 asia high would extend the recovery leg toward the 1.33952 post-boe high
Loss of 1.33605 and then the 1.33549 asia low re-opens the 1.3336 thursday low
Fed's Bowman (07:30 GMT) and US Industrial Production (13:15 GMT) are the next scheduled drivers for this pair
ATR(14) at ~4 pips means a London-open expansion can invalidate the range read quickly
Higher-low chain off 1.3336, now pulling back into rising support.
The BoE-driven slide capped at the 1.3336 prior day low late in the NY session, and Asia has ground back up in a higher-low chain to a 1.33755 session high before fading. Price is now sitting on the rising support line near 1.3362 with a small pop on the 06:00 UTC UK Retail Sales bar off 1.33605; RSI(14) at 53 and ATR(14) just 4 pips — a tight, low-range pre-London tape.
Support: 1.33605, 1.33471, 1.3336
Resistance: 1.33755, 1.3386
What it said to watch
15m close below 1.33605 breaks the rising support and the higher-low chain
Reclaim of the 1.33755 session high opens the 1.33860 ny high
Failure to hold 1.33471 asia low re-exposes the 1.3336 prior day low
London open plus Fed's Bowman at 07:30 GMT can reset this range quickly
Higher lows off the o/night low, capped by the asia high; pullback in progress.
Asia ground higher from the o/night low at 1.33471 to an asia high of 1.33755 before fading back to 1.33644, now just under EMA20 but holding above EMA50 — a corrective leg inside yesterday's 11:00 UTC BoE-driven drop from 1.3404 to the 1.33360 prior low. Last four bars carved a shallow session low at 1.33605 with ATR(14) at just 3.7 pips, so the move is compressing into the London open.
Support: 1.33605, 1.33471, 1.3336
Resistance: 1.33755, 1.33807, 1.33952
What it said to watch
UK Retail Sales at 06:00 UTC (MoM f/c -0.2%) is the live catalyst and can void this intraday read
M15 close below the 1.33605 session low re-opens the o/night low at 1.33471
Reclaim of the 1.33755 asia high restores the higher-low chain toward the 1.33807 swing high
Sustained trade under 1.33360 confirms a fresh lower low on the day
05:46 UTC
Corrective grind higher off the post-BoE low, momentum flattening · RSI 55 · price 1.33632
Higher lows from 1.33360 into a 1.33585-1.33755 band.
Cable sold off hard on the 6-3 BoE hold, bottoming at the 1.33360 post-boe low, then ground back up through the Asia session to a 1.33755 session high before fading into early European hours. Price now sits at 1.33632, back under EMA20 with RSI(14) near 55 — the rebound has stalled but the higher lows off 1.33360 are intact.
Support: 1.33585, 1.33471, 1.3336
Resistance: 1.33755, 1.3395
What it said to watch
UK Retail Sales at 06:00 UTC lands within the next bar and can reset this 1.33585-1.33755 band immediately
M15 close below the 1.33585 asia shelf puts the 1.33471 swing low back in play
Reclaiming the 1.33755 session high is needed to extend the rebound toward 1.33950
05:31 UTC
Grinding higher off the lows, momentum flattening · RSI 58 · price 1.33671
Higher-low chain inside a post-BoE base, pullback from session high.
Cable spent the Asia session grinding up off the 1.3350 range floor after yesterday's BoE 6-3 hold flushed sterling to the 1.3336 day low, building a higher-low chain into a 1.33755 session high. The pullback since is shallow and orderly with RSI(14) near 58 and ATR(14) around 4.8 pips; 1.3360 asia range top is the pivot going into London.
Support: 1.3360, 1.3350, 1.3336
Resistance: 1.33755, 1.3386
What it said to watch
UK Retail Sales at 06:00 UTC lands within the next bar period — the immediate driver of this structure
M15 close back under the 1.33600 asia range top invalidates the higher-low chain
Acceptance above the 1.33755 session high brings the 1.33860 prior high into focus
Loss of the 1.3350 range floor re-opens the 1.3336 day low
Higher highs / higher lows off 1.3336 after the asian range broke upward.
Cable is grinding higher after yesterday's BoE-driven flush to the 1.33360 swing low; the early London hours pushed through the asia high at 1.33620 and stalled just under the session high at 1.33755. RSI(14) near 64 and ATR(14) around 4 pips — a thin, orderly recovery with the 1.33950 rebound high the next supply shelf overhead.
Support: 1.3362, 1.3347, 1.3336
Resistance: 1.33755, 1.3395
What it said to watch
UK Retail Sales at 06:00 UTC lands within the next bars — first post-BoE data test, capable of resetting this read
Loss of the asia high at 1.33620 and the rising lows line puts the 1.33470 asia low back in play, then the 1.33360 swing low
A 15-minute close above the 1.33755 session high extends the higher-high chain toward the 1.33950 rebound high
Fed's Bowman at 07:30 UTC is a secondary USD risk for the session
05:01 UTC
Short-term recovery off the post-BoE low · RSI 66 · price 1.33704
Higher highs and higher lows since the Asian range break.
Cable dropped ~70 pips on the 11:00 UTC BoE 6-3 hold and bled to 1.3336 in NY hours, then based through Asia in a 1.3347-1.3361 band. The last three hours broke that Asian high and stalled at a session high of 1.33755, RSI(14) near 66 with ATR(14) only ~5 pips.
Support: 1.3361, 1.3347, 1.3336
Resistance: 1.33755, 1.3383
What it said to watch
UK Retail Sales at 06:00 UTC, roughly one hour out — the first post-BoE test and enough to reprice this range break
A close back under 1.3361 asian high would turn the break into a false break
Acceptance above 1.33755 session high opens the path to the 1.3383 prior swing
04:46 UTC
Recovery leg up off day low, momentum extending · RSI 68 · price 1.33717
Higher highs / higher lows since Asia; Asian range high broken.
Cable spent the Asia session compressing in a 1.33471–1.33624 box after yesterday's 11:00 UTC BoE 6-3 hold knocked it from 1.34060 to 1.33360, then broke the Asian range high into the pre-London hours and printed 1.33755. Price is sitting on the 50% retrace of the post-BoE drop with RSI(14) near 68 and ATR(14) around 5 pips; rising lows from 1.33471 have held on each pullback.
Support: 1.33624, 1.3350, 1.3336
Resistance: 1.33755, 1.33793, 1.3395
What it said to watch
UK Retail Sales at 06:00 UTC lands inside the next bar period and can immediately reprice this range break
Acceptance above 1.33793 (fib 61.8) would extend the recovery toward the 1.33950 prior high
Loss of 1.33624 (asia high) puts price back inside the Asian range and invalidates the breakout read
BoJ announcement pre-London may drive broad USD flow and override the intraday structure
04:31 UTC
Intraday recovery, higher lows into London · RSI 69 · price 1.33739
HH/HL chain off session low, asia range broken to the upside.
Cable has ground higher off the 1.3336 swing low in an unbroken chain of higher lows through Asia, clearing the asia high at 1.3363 and now sitting just above the 50% retrace of the post-BoE drop, with RSI(14) near 69 and ATR only ~5 pips. The 6-3 BoE hold yesterday produced the 44-pip candle down from 1.3406; price has since retraced roughly half of that leg with no rejection yet.
Support: 1.3363, 1.3350, 1.3336
Resistance: 1.33793, 1.3388, 1.3395
What it said to watch
UK Retail Sales at 06:00 UTC, first post-BoE data test, lands mid-window and can reprice this leg
Sustained M15 close above the 61.8% fib at 1.33793 opens the path back to the 1.3388 prior high
Loss of the asia high at 1.3363 breaks the higher-low chain and puts 1.3350 asia low back in focus
Higher highs and higher lows since the 1.33360 prior low; Asian range top broken pre-London.
Cable is grinding up into the London open and has cleared the 1.33634 Asian range top, extending the repair of yesterday's BoE 6-3 hold flush that ran 1.34060 down to the 1.33360 prior low. RSI(14) around 67 with ATR(14) near 4.4 pips — compressed Asian volatility; 1.33807 swing high is the next reference, with 1.33879 prior high above it.
Support: 1.33634, 1.33471, 1.3336
Resistance: 1.33807, 1.33879
What it said to watch
UK Retail Sales at 06:00 UTC (f/c -0.2% MoM) lands within the next few bars and can void this micro structure
A close back below 1.33634 range top returns price inside the Asian range, with the 1.33471 asia low the next reference
Rejection at 1.33807 swing high would keep the post-BoE lower-high sequence intact
04:01 UTC
Recovering off the post-BoE low, micro uptrend · RSI 68 · price 1.33696
Higher lows since 1.33360, asia range top just broken.
Post-BoE selling bottomed at the 1.33360 day low in late NY, after which Asia compressed into a 1.33471–1.33634 band with ATR(14) down to roughly 4 pips. The last four bars have taken out the asia high at 1.33630 and price sits at 1.33696 with RSI(14) near 68, right under the 50% fib of the BoE drop at 1.33710 as the pre-London window opens.
Support: 1.3363, 1.33471, 1.3336
Resistance: 1.3371, 1.33782
What it said to watch
A close back below the 1.33630 asia high returns price inside the Asian range and negates the range break
Acceptance above the 1.33782 swing high would extend the recovery leg off the day low
UK Retail Sales at 06:00 UTC and the imminent BoJ decision can reset this micro read within the next few bars
03:46 UTC
Sideways with a mild upward drift late Asia · RSI 59 · price 1.33656
Asia range 1.33514-1.33634, higher lows, marginal break of range top.
Cable compressed all Asia session in a 1.33514-1.33634 band after the 11:00 UTC BoE 6-3 hold dropped price 45 pips off 1.34060 and the follow-through low at 1.33360. The last three bars pushed to a session high of 1.33666, a marginal range break ahead of the London open, but ATR(14) is only ~4 pips and RSI(14) at 58 shows no impulse behind it.
Support: 1.33605, 1.33549, 1.33514
Resistance: 1.33666, 1.33711
What it said to watch
Sustained trade above the 1.33666 session high opens the 1.33711 prior swing; a slip back under 1.33605 range top puts price back inside the Asia range
Loss of the 1.33549 asia low would break the higher-low sequence and re-expose 1.33514 range base
UK Retail Sales at 06:00 UTC is the first post-BoE data test and can override this intraday structure within one bar
03:31 UTC
Recovery drift higher off the post-BoE low · RSI 61 · price 1.33655
Higher lows since the NY low, testing Asia range top.
Cable dropped 45 pips in one bar on the 6-3 BoE hold, bottomed at 1.3336 during NY and has since ground out a chain of rising lows through the Asia session. Last bar poked the asia high at 1.33666 with RSI(14) near 61 and ATR(14) around 5.6 pips — a breakout attempt from a tight 1.33471-1.33666 Asian range, not yet confirmed.
Support: 1.33569, 1.33471, 1.3336
Resistance: 1.33666, 1.33734
What it said to watch
Sustained M15 acceptance above the asia high at 1.33666 would extend the range break toward the 1.33734 ny high
Loss of the rising lows at 1.33569 puts the 1.33471 asia low back in play
UK Retail Sales at 06:00 UTC lands within the next bar period and can invalidate this intraday range read
03:16 UTC
Sideways after the post-BoE leg lower · RSI 56 · price 1.33604
Tight Asian range, shallow higher lows off 1.33360.
Sterling has done nothing for eight hours: after the BoE hold / Fed hike divergence knocked GBPUSD from 1.34060 to 1.33360, Asia has compressed into a 1.33471–1.33624 band with ATR(14) down to ~4.6 pips. Price sits at the top of that range against the session high, RSI(14) mid-50s, with EMA20 and EMA50 flattened beneath it — no structural setup in play.
Support: 1.33471, 1.3336
Resistance: 1.33624, 1.33735
What it said to watch
M15 close above the 1.33624 session high would extend the recovery toward the 1.33735 prior high
Loss of the 1.33471 asia low re-opens the 1.33360 swing low
UK Retail Sales at 06:00 UTC (~3h) is the first event capable of breaking this range
03:01 UTC
Post-BoE downtrend, now flat · RSI 51 · price 1.33597
Tight Asian balance above the 1.3336 session low.
The 11:00 UTC BoE hold knocked cable from 1.3406 to a 1.3336 session low, and NY hours only managed a slow grind back to the mid-1.3350s. Asia has since coiled into an 8-pip band between the 1.3355 asia low and 1.3363 asia high, ATR(14) down to 4.6 pips with RSI(14) flat near 51 — no structure in play until that band breaks.
Support: 1.33549, 1.33471, 1.3336
Resistance: 1.33634, 1.33782
What it said to watch
UK Retail Sales at 06:00 UTC lands within the next bar hours and is the obvious trigger for the range to resolve
M15 close above the 1.3363 asia high opens the 1.33782 ny high as the next reference
Loss of the 1.33549 asia low re-exposes the 1.33471 late ny low and then the 1.3336 session low
Rising-lows line off 1.3336 breaking invalidates the recovery structure
02:46 UTC
Downtrend on the day, now flat · RSI 53 · price 1.33599
Tight Asian range after post-BoE selloff, higher lows since the 1.3336 low.
The 11:00 UTC BoE hold (6-3) knocked GBPUSD from 1.3406 to a 1.3336 ny low into NY hours, and Asia has since compressed price into a 15-pip band between the 1.33549 range floor and the 1.33634 range top. RSI(14) at 53 and ATR(14) near 5 pips — the 38.2% retracement of the post-BoE drop sits on the range top and has capped every push, nothing structural in play at 1.33599.
Support: 1.33549, 1.33471, 1.3336
Resistance: 1.33634, 1.33735
What it said to watch
M15 close above the 1.33634 range top opens the path to the 1.33735 prior high
Loss of the 1.33549 range floor puts the 1.33471 asia low, then the 1.33360 ny low, back in focus
UK Retail Sales at 06:00 UTC lands within hours and can reset this range entirely
Post-BoE break lower, then 16-pip Asian range above 1.3347.
The 11:00 UTC BoE hold (6-3) knocked GBPUSD 45 pips off 1.34060 in a single bar and NY extended to a 1.33360 ny low. Asia has since balanced in a 16-pip range between 1.33471 and the 1.33634 range top, price pinned on EMA20 with RSI(14) flat near 51 and ATR(14) down to ~4.6 pips.
Support: 1.33471, 1.3336, 1.3330
Resistance: 1.33634, 1.3372, 1.3383
What it said to watch
M15 close above the 1.33634 range top would put the 1.33720 swing pivot back in play
Loss of the 1.33471 asia low re-opens the 1.33360 ny low and the 1.33300 psych area
UK Retail Sales 06:00 UTC lands inside the next few bars and can break this range either way
Basing range after lower low, higher lows since NY low.
Cable is compressed into a 16-pip Asian range between 1.33471 and the asia high at 1.33634 after yesterday's vertical BoE-driven drop from 1.3406 and the NY low at 1.33360. Higher lows have built since that low with price holding just above ema20/ema50, but ATR at ~4.6 pips shows Asia hours have drained volatility and RSI(14) is mid-band at 52 — no structural signal in play yet.
Support: 1.33555, 1.33471, 1.3336
Resistance: 1.33634, 1.33735, 1.3395
What it said to watch
M15 close above the asia high at 1.33634 puts the 1.33735 prior swing back in range
Loss of the 1.33471 asia low re-exposes the 1.33360 ny low and voids the higher-low sequence
UK Retail Sales at 06:00 GMT is the immediate catalyst and can break this range in either direction
Failure to hold ema50 near 1.33555 would flatten the recovery structure
The vertical 11:00 UTC drop on the BoE's 6-3 hold set the day's low at 1.3336; since then price has ground sideways and the last four hours of Asia hours are compressed into a 1.3355–1.3363 band with ATR down to ~4.5 pips. RSI(14) at 48 and price pinned on EMA20 — no structural setup in play at this stage of the session.
Support: 1.3355, 1.3347, 1.3336
Resistance: 1.3363, 1.3380
What it said to watch
M15 close below 1.3355 range low reopens the 1.3347 asia low and the 1.3336 prior low
Acceptance above the 1.3363 asia high would put the 1.3380 prior swing back in play
UK Retail Sales at 06:00 GMT is the session's first real catalyst and can void this compressed-range read
01:46 UTC
Downtrend from post-BoE slide, now flat · RSI 47 · price 1.33584
Compressed range above the day low after a basing sequence.
The 11:00 GMT BoE hold gutted a 1.3406 high in one bar, and price bled to the 1.33360 day low before basing through the NY afternoon. Asia hours have GBPUSD boxed between the 1.33549 range floor and the 1.33634 range top, RSI(14) flat near 47, ATR(14) barely 5 pips — no structural setup in play.
Support: 1.33549, 1.33471, 1.3336
Resistance: 1.33634, 1.33723
What it said to watch
UK Retail Sales at 06:00 GMT is the next catalyst and can void this range read within a bar or two
M15 close above the 1.33634 range top opens the 1.33723 prior high
Loss of the 1.33549 range floor puts the 1.33471 swing low and 1.33360 day low back in play
The 1.33471 dip that closed back inside the range stands as a false break unless retested and held below
01:31 UTC
Downtrend from BoE drop, now flat · RSI 54 · price 1.33584
Tight Asian range above a higher low.
The vertical post-BoE drop from 1.34060 to 1.33360 set the day's structure; since then price has built rising lows and is now compressed into a 15-pip Asian range between 1.33471 and 1.33634 on minimal volume. RSI(14) mid-50s, ATR(14) ~5 pips — nothing structural in play at the current bar.
Support: 1.33471, 1.3336
Resistance: 1.33634, 1.3372
What it said to watch
M15 close above the 1.33634 session high would extend the rising lows toward the 1.33720 swing high
Loss of the 1.33471 session low breaks the rising-lows sequence and re-exposes the 1.33360 prev day low
UK Retail Sales at 06:00 GMT is the next catalyst and can void this range read quickly
Asia hours are grinding out a 1.33471–1.33618 recovery range after the BoE hold triggered a vertical drop from 1.34060 to the 1.33360 NY low. Higher lows have held since, and the last bar sits at the session high, which coincides with the 38.2% retracement of the post-BoE drop; RSI(14) near 57 and ATR(14) around 5 pips confirm thin, unexpanded conditions.
Support: 1.33549, 1.33471, 1.3336
Resistance: 1.33618, 1.3370, 1.3395
What it said to watch
M15 close above the 1.33618 session high extends the higher-low chain toward 1.33700 old support
Loss of the 1.33549 minor low breaks the rising lows and re-exposes 1.33471 swing low
1.33950 rebound high still caps the post-BoE recovery; only a reclaim there changes the range read
UK Retail Sales at 06:00 GMT and the BoJ decision ahead of the London open are the next scheduled vol sources for this range
Post-BoE leg lower, now basing in a tight Asia range above the 24h low.
The BoE 6-3 hold triggered a vertical M15 drop from 1.3406 into the 1.3350s, with NY extending to the 24h low at 1.3336 before a shallow base formed. Asia has compressed into a 1.3347-1.3361 range on minimal volume; RSI(14) back near 52 and ATR(14) down to ~6 pips, no structure in play at the moment.
Support: 1.33471, 1.3336
Resistance: 1.33613, 1.33805
What it said to watch
UK Retail Sales at 06:00 GMT is the immediate catalyst and can void this Asia range read within one bar
BoJ decision ahead of the London open is a cross-market volatility source
A close above the asia high at 1.33613 puts the 1.33805 lower high back in scope
Loss of the asia low at 1.33471 re-exposes the 24h low at 1.3336
Tight Asia consolidation above a higher low, capped at session high.
Cable was knocked from 1.34060 to 1.33495 on the in-line 6-3 BoE hold at 11:00 UTC, then ground down to a 1.33360 day low through NY before stabilising. Asia has held a 14-pip coil between the 1.33471 asia low and the 1.33609 session high, with price pressing the upper edge and the 38.2% retracement of the BoE drop; ATR(14) at 5.6 pips shows how compressed the last few hours have been.
Support: 1.33471, 1.33398, 1.3336
Resistance: 1.33609, 1.3370, 1.33804
What it said to watch
M15 close above the 1.33609 session high opens the 1.33700 prior swing
Loss of the 1.33471 asia low re-exposes the 1.33398 swing low and 1.33360 day low
UK retail sales at 06:00 UTC is the event most likely to break this Asian range
Base above 1.3336, tight Asian range 1.3347-1.3360.
The 11:00 UTC BoE hold knocked Cable from 1.3406 to 1.3350 in one bar and NY hours extended the slide to a 1.3336 session low. Asia has since compressed into a 13-pip band under the 1.33598 asia high, ATR down to ~6 pips with RSI(14) flat near 49 and price pinned just below EMA20/EMA50.
Support: 1.33471, 1.3336, 1.3330
Resistance: 1.33598, 1.3378, 1.33952
What it said to watch
M15 close above the 1.33598 asia high extends the recovery leg toward the 1.3378 swing high
Loss of the 1.33471 range low re-exposes the 1.3336 session low and the 1.3330 round number
UK Retail Sales at 06:00 UTC is the first scheduled catalyst since the BoE hold and can void the range read
Basing above 1.3336, higher lows into a 1.3347-1.3360 box.
The 11:00 UTC BoE hold knocked Cable from 1.3406 to 1.3350 and a second NY-session leg down printed the 1.3336 session low before a slow grind back. Asia hours have been mechanical: repeated highs pinned at the 1.3360 range cap, one spike low at 1.3347 absorbed, RSI(14) mid-range near 53 and ATR(14) down to ~5.6 pips.
Support: 1.3347, 1.3336
Resistance: 1.3360, 1.3376, 1.3395
What it said to watch
M15 close above the 1.3360 range cap re-opens 1.3376 prior high, then the 1.3395 rebound high
Loss of the 1.3347 spike low puts the 1.3336 session low back in play and breaks the rising lows
UK Retail Sales at 06:00 UTC is the near-term event risk for this range