GBP/USD AI Live Scan, 15-minute chart, Wednesday, 21 October 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.
23:31 UTC
Sideways, flat EMAs · RSI 50 · price 1.33938
Range 1.3377–1.3403 since London open, top capped four times.
Hot UK CPI spiked price to a 1.3364 cpi low at 06:00 UTC, then London lifted it into a 1.3377–1.3403 range. The 1.3400 area rejected four times (day high 1.3403), and both NY dips (ny low 1.3377) were bought back as USD stayed soft. Early Asia is holding 1.3394 after retracing most of the late-NY selloff, just under the 1.3397 rebound high, with the rollover low at 1.3383 below.
Support: 1.3383, 1.3377, 1.3364
Resistance: 1.3397, 1.3403
What it said to watch
M15 close above the 1.3403 day high breaks the range top; the market has not closed a day above 1.3400 since Sep 15
Failure to hold the 1.3383 rollover low exposes the 1.3377 ny low and the range floor
Asia session is thin with ATR near 4 pips; a range break is less likely before London
BoE's Bailey (Thu 10:50 UTC) could materially shift the read via December hike odds
23:16 UTC
Sideways after London rally, momentum neutral · RSI 48 · price 1.3392
Range 1.3377–1.3403 below the 1.3400 cap, early Asia.
London lifted GBPUSD out of the 1.3370–1.3378 Asian range after the 06:00 UTC CPI beat spiked two ways from 1.3364. The rally then stalled at the 1.3400 cap, with three rejections up to 1.3403 as the hot print failed to extend. The 19:00 UTC dip held at the ny low of 1.3377, near the 61.8% of the CPI leg, and price is now mid-range at 1.3392 above the rollover low, with RSI at 48 and price sitting on the EMAs.
Support: 1.3383, 1.3377, 1.3370
Resistance: 1.3397, 1.3403
What it said to watch
A close above the 1.3400 cap at 1.3403 breaks the range top. The late ny high at 1.3397 is the first test.
A close below the ny low at 1.3377 (CPI leg 61.8%) confirms a lower-low after the triple failure at 1.3400. That exposes the asian low at 1.3370.
Loss of the rollover low at 1.3383 during the Asia session would shift the range read lower.
Bailey speaks Thu 10:50 UTC and US jobless claims print at 12:30 UTC; either could materially shift this read.
23:01 UTC
Sideways, capped under 1.3400 · RSI 45 · price 1.33898
Post-CPI range 1.3377–1.3403, Asia mid-range drift.
The hot UK CPI print at 06:00 UTC produced a two-way spike before London lifted GBP/USD out of the tight Asian range, but the 1.3400 cap held on four tests, with rejection at the 1.3403 session high. NY dips set the low at 1.3377, and the bounce high at 1.3397 then gave way to a rollover low at 1.3383. Asia session is now drifting at 1.3390 mid-range with RSI(14) neutral near 45 and ATR shrinking to under 5 pips.
Support: 1.33833, 1.33766
Resistance: 1.3397, 1.34029
What it said to watch
M15 close above the 1.3403 session high breaks the 1.3400 cap and the range read
Failure to hold the 1.3383 rollover low exposes the 1.3377 NY low; a break there confirms a lower low
Reclaim of the 1.3397 bounce high puts the 1.3400 cap back in play
BoE Bailey speaks Thu 10:50 UTC and could materially shift this read
Range 1.3377–1.3403 since London morning, top capped three times.
The UK CPI beat whipsawed GBPUSD to a 1.3364 CPI low before London lifted it into a 1.3377–1.3403 range. Three tests of the 1.3400/1.3403 session high faded, with the NY low at 1.3377 holding near the 61.8% fib. Early Asia is flat around 1.3390, just above the 50% fib at 1.3384, with RSI(14) neutral near 48 and price sitting just under both EMAs.
Support: 1.3384, 1.3377, 1.3364
Resistance: 1.3397, 1.3403
What it said to watch
M15 close above the 1.3403 session high breaks the range cap that rejected three times
Reclaim of the 1.3397 bounce high puts the range top back in play
Failure to hold the 1.3377 NY low exposes the 1.3364 CPI low
Bailey speech Thu 10:50 UTC could materially shift this read
22:31 UTC
Flat, capped under 1.3400 · RSI 56 · price 1.33911
Range 1.3377–1.3403 after London breakout from Asian range.
The UK CPI beat whipsawed price between 1.3364 and 1.3385 at 06:00 UTC, then London broke the Asian range and rallied to a 1.3403 session high. Through NY, supply capped price under 1.3400 twice, and the late-NY dip to the 1.3377 ny low at the 61.8% retracement was a false break that recovered quickly. Price now sits at 1.3391, flat around the EMAs in thin trade after the rollover low at 1.3383.
Support: 1.33833, 1.33766, 1.3364
Resistance: 1.34029, 1.3409
What it said to watch
M15 close above the 1.3403 session high breaks the range top and brings the 1.3409 weekly high into view
Failure to hold the 1.3377 ny low (61.8% retracement) exposes the 1.3364 cpi low
Rollover low at 1.3383 is the first intraday reference during the Asia session
Bailey speech Thu 10:50 UTC could materially shift this read
Range 1.3377–1.3403, mid-range in early Asia session.
The hot UK CPI beat lifted GBPUSD off the 1.3364 cpi low into a 1.3377–1.3403 range. The 1.3400 cap has rejected four times since London, while the 1.3377 swing low held twice near the 61.8% retracement of the CPI move. Early Asia trade sits mid-range at 1.3392, flat on both EMAs, with RSI(14) near 51 and ATR around 6 pips.
Support: 1.3383, 1.3377, 1.3364
Resistance: 1.3397, 1.3403
What it said to watch
A close above the 1.3400 cap at 1.3403 breaks the range top
The 1.3397 rebound high is the first intraday cap inside the range
Loss of the 1.3383 rollover low exposes the 1.3377 swing low; a break there puts the 1.3364 cpi low back in focus
Bailey speech Thu 10:50 UTC could materially shift this read
1.3377–1.3403 range since London open, top capped four times.
The hot UK CPI print at 06:00 UTC whipsawed GBPUSD to a 1.3364 low before London lifted it out of the tight Asian range. Price then held a 1.3377–1.3403 range, with the range top rejected four times through NY and a lower high at 1.3397 after the 19:00 UTC dip. In early Asia it sits mid-range at 1.3392, just above the rollover low at 1.3383 and flat on EMA20, with RSI(14) near 46.
Support: 1.33833, 1.33766, 1.3364
Resistance: 1.3397, 1.34029
What it said to watch
M15 close above the 1.3403 range top breaks the four-test cap
Loss of the 1.3377 range low (61.8% of the CPI move) exposes the 1.3364 cpi low
Failure to hold the 1.3383 rollover low (50% of the CPI move) puts the range low back in focus
BoE Bailey speech Thu 10:50 UTC could materially shift this read; US Initial Claims follow at 12:30 UTC
21:46 UTC
Sideways after CPI pop, capped at 1.3400 · RSI 45 · price 1.33907
Range 1.3377–1.3403 since London; three rejections at the range top.
The hot UK CPI print at 06:00 UTC lifted GBPUSD from the 1.3364 CPI low. Supply has since capped the 1.3400 area three times, with the day high at 1.3403, keeping price in a 1.3377–1.3403 range through London and NY. A late-NY drop found demand at the 1.3377 swing low near the 61.8% fib. The 1.3383 rollover low held, and price now sits mid-range below EMA20/50 in early Asia session with RSI(14) at 45.
Support: 1.33833, 1.33766, 1.3364
Resistance: 1.3397, 1.34029
What it said to watch
M15 close above the 1.3403 day high breaks the range top and the 1.3400 cap
Failure at the 1.3377 swing low confirms a lower-low and exposes the 1.3364 CPI low
Reclaim of the 1.3397 lower high returns focus to the range top; loss of the 1.3383 rollover low shifts it to the floor
Bailey speech Thu 10:50 UTC and US jobless claims 12:30 UTC could materially shift this read
Range 1.3377–1.3403 since London, capped at 1.3400.
The hot UK CPI print at 06:00 UTC spiked GBPUSD to the 1.3364 cpi low before a London rally into the 1.3400 cap, where the 1.3403 session high and repeated 1.3401–1.3402 tops held through NY. A late-NY drop found the 1.3377 swing low at the 61.8% of the CPI rally, then rebounded to a 1.3397 late-NY high. Price now sits near the 38.2% at 1.3388 after a thin rollover dip to the 1.3383 rollover low, just under both EMAs with RSI(14) at 48.
Support: 1.3383, 1.3377, 1.3364
Resistance: 1.3397, 1.3403
What it said to watch
M15 close below the 1.3377 swing low breaks the post-CPI range and exposes the 1.3364 cpi low
Sustained trade above the 1.3403 session high invalidates the 1.3400 cap and the range read
Failure to hold the 1.3383 rollover low during the Asian range puts the 61.8% cpi rally fib back in focus
A move back above the 1.3397 late-ny high puts the 1.3400 cap back in play
BoE Gov. Bailey speech Thu 10:50 UTC and US Initial Claims at 12:30 UTC could materially shift this read
21:16 UTC
Range after CPI pop, drifting lower · RSI 41 · price 1.33859
1.3377–1.3403 range since London; repeated caps at day high, price in lower half.
Hot UK CPI at 06:00 UTC broke the 1.3370–1.3378 Asian range higher, but London and NY were rejected four times at the 1.3400–1.3403 day high, and a 19:00 UTC false break below the 1.3377 swing low was reclaimed. Price sits at 1.3386 below both EMAs after a thin rollover dip to the 1.3383 rollover low, inside the 38.2–50% zone of the CPI rally fib. RSI(14) is near 41 and ATR is about 5.6 pips.
Support: 1.33833, 1.33766, 1.3364
Resistance: 1.3397, 1.34029
What it said to watch
M15 close above the 1.3397 late NY high brings the 1.3403 day high and range top back into play
Failure to hold the 1.3377 swing low breaks the range floor and exposes the 1.3364 cpi low
Rollover and early Asia liquidity is thin, so the dip to the 1.3383 rollover low carries less structural weight
BoE Bailey speech Thu 10:50 UTC could materially shift this read
Range 1.3377–1.3403 since London, mid-range rebound late NY.
The 06:00 UTC UK CPI beat briefly pushed GBPUSD below the Asian range to the 1.3364 cpi low before London drove it to the 1.3403 session high. That high capped repeated tests through NY. A late-NY drop held the 1.3377 ny low near the 61.8% of the CPI rally, and price now sits flat on EMA20 just under the 1.3397 bounce high, RSI(14) 46.
Support: 1.3377, 1.3364
Resistance: 1.3397, 1.3403
What it said to watch
M15 close above the 1.3403 session high breaks the range top
Failure to hold the 1.3377 ny low exposes the 1.3364 cpi low
Acceptance above the 1.3397 bounce high puts the range top back in play
BoE Gov. Bailey speech Thu 10:50 UTC could materially shift this read
Range 1.3377–1.3403 since London, top capped five times.
The hot UK CPI beat swept the 1.3364 cpi low at 06:00 UTC. London then rallied into the 1.3403 range top, where supply has capped five tests near the 1.3400 cap flagged in coverage. A late NY dip to the 1.3377 late-ny low broke below the 61.8% retracement of the CPI rally and was reclaimed within a bar. Price now sits just under the 1.3397 late-ny high in quiet post-NY trade.
Support: 1.3388, 1.3377, 1.3364
Resistance: 1.3397, 1.3403
What it said to watch
M15 close above the 1.3403 range top breaks the range read
Failure at the 1.3377 late-ny low turns the false break into a lower-low and puts the 1.3364 cpi low back in play
Holding the 1.3388 london low keeps price in the upper half of the range
BoE Gov. Bailey speech Thu 10:50 UTC could materially shift this read
20:31 UTC
Sideways after CPI rally, capped at 1.3400 · RSI 51 · price 1.33958
Post-CPI range 1.3377–1.3403, late NY false break reclaimed.
Hot UK CPI at 06:00 UTC printed the 1.3364 cpi low before a rally that stalled at the 1.3400–1.3403 range top three times. A late NY dip to 1.3377 (late ny low) was reclaimed within two bars, and price sits mid-range at 1.3396 with RSI(14) neutral near 51. The 1.3379–1.3384 zone lines up with the 50–61.8% retracement of the cpi rally fib.
Support: 1.3377, 1.3364
Resistance: 1.3403
What it said to watch
M15 close above the 1.3403 range top breaks the three-test cap
Failure to hold the 1.3377 late ny low reopens the 1.3364 cpi low
BoE Gov. Bailey speech Thu 10:50 UTC could materially shift this read
20:16 UTC
Sideways after London rally, capped at 1.3402 · RSI 47 · price 1.3394
Range 1.3377–1.3403 since London, sweep low reclaimed.
The UK CPI beat on every measure lifted GBP/USD off the 1.3364 cpi low into London, but the 1.3402 session high capped three tests across London and NY. A late-NY sweep of the afternoon low to 1.3377 was reclaimed within two bars. Price now sits mid-range at 1.3394 below the 1.3397 late-NY high, with RSI(14) neutral near 47.
Support: 1.3377, 1.3364
Resistance: 1.3397, 1.3402
What it said to watch
M15 close above the 1.3402 session high breaks the range cap
Rejection at the 1.3397 late-NY high keeps price mid-range into the Asia session
Failure to hold the 1.3377 sweep low reopens the 1.3364 cpi low
BoE Gov. Bailey speech Thu 10:50 UTC could materially shift this read
1.3377–1.3402 range since London morning, repeated highs at the top.
Hot UK CPI at 06:00 UTC lifted GBPUSD out of the 1.3370–1.3378 Asian range, but the move has stalled under the 1.3400–1.3402 range top, rejected repeatedly through London and NY. A late-NY dip ran the earlier 1.3379 low to a 1.3377 swing low, near the 61.8% retracement of the CPI rally, and recovered to a 1.3397 bounce high. RSI(14) is neutral near 53.
Support: 1.3377, 1.3364
Resistance: 1.3397, 1.3402
What it said to watch
M15 close above the 1.3402 range top ends the range read and clears the CPI-day cap
Failure to hold the 1.3377 swing low reopens the 1.3364 cpi low
Bounce high at 1.3397 is the first cap inside the range
BoE Bailey speech Thu 10:50 UTC could materially shift this read
19:46 UTC
Range after CPI-driven pop, momentum neutral · RSI 54 · price 1.33925
1.3377–1.3403 range since London; lower boundary swept and reclaimed in late NY.
The hot UK CPI print at 06:00 UTC drove a break above the 1.3370–1.3378 Asian range. Since then, the 1.3403 session high has capped three tests at the 1.3400 round number, leaving a 1.3377–1.3403 range. Late in NY, price dipped below the earlier swing low to 1.3377, at the 61.8% retracement of the CPI leg fib, and reclaimed it within one bar. Price is now flat at the ema20 near 1.3392.
Support: 1.3377, 1.3364
Resistance: 1.3403
What it said to watch
M15 close above the 1.3403 session high breaks the range top
Loss of the 1.3377 swing low reopens the 1.3364 cpi low
Bailey speech Thu 10:50 UTC could materially shift this read
The UK CPI beat at 06:00 UTC lifted cable off the cpi low at 1.3364 to a 1.3403 day high. 1.3400 then capped three times into the NY session, forming a triple top. Late-NY selling hit a 1.3377 ny low at the 61.8% of the CPI rally, just above the Asian range top, with RSI(14) near 34.
Support: 1.3377, 1.3370, 1.3364
Resistance: 1.3400, 1.3403
What it said to watch
M15 close below the 1.3377 ny low confirms the triple top and exposes the asian low at 1.3370, then the cpi low at 1.3364
Recovery through the 1.3400 triple top and the 1.3403 day high negates the pattern
BoE Bailey speech Thu 10:50 UTC could materially shift this read
19:16 UTC
Post-CPI range, rolling over late NY · RSI 41 · price 1.33837
Range 1.3379–1.3403, triple cap at top.
The hot UK CPI print at 06:00 UTC lifted GBPUSD from the 1.3364 cpi low through the Asian range. Supply then capped 1.3400–1.3403 three times across London and NY, with the session high at 1.3403. Late in NY, the 18:45 UTC bar dropped 13 pips off the 1.3396 late shelf to 1.3384, the 50% of the CPI leg fib, with the 1.3379 ny low just below and RSI(14) near 41.
Support: 1.33789, 1.3364
Resistance: 1.33964, 1.34029
What it said to watch
M15 close below the 1.3379 ny low (61.8% of the CPI leg fib) breaks the range floor and puts the 1.3364 cpi low in play
Recovery back above the 1.3396 late shelf restores the range-top test toward the 1.3403 session high
Meta earnings tonight could shift USD sentiment during Asia session
BoE Bailey speech Thu 10:50 UTC and US jobless claims Thu 12:30 UTC could materially shift this read
19:01 UTC
Range-bound after CPI pop, capped at 1.3400 · RSI 51 · price 1.33958
1.3379–1.3403 range since London; higher low off the NY low.
The hot UK CPI print at 06:00 UTC swept down to the 1.3364 cpi low. London then broke the 1.3370–1.3378 Asian range and ran into 1.3400, where supply has capped five tests, including the 1.3403 day high and the 1.3402 ny high. Late in the NY session price is drifting just under the cap, with the 1.3379 ny low intact and RSI(14) neutral near 51.
Support: 1.33903, 1.33789, 1.3364
Resistance: 1.34016, 1.34029
What it said to watch
M15 close above the 1.3403 day high breaks the 1.3400 cap that has rejected price all session
Loss of the fib 50% at 1.3390 exposes the 1.3379 ny low; a break there undercuts the higher-low structure
Bailey speech Thu 10:50 UTC could materially shift this read, with the cpi low at 1.3364 the reference on a dovish tone
1.3379–1.3403 range since London, top tested repeatedly.
The hot UK CPI print whipsawed price to the 1.3364 cpi low at 06:00 UTC before London lifted it out of the Asian range. Supply has capped every push at 1.3400–1.3403, the session high, through London and NY. Buyers stepped in at the 1.3379 ny low and set a 1.3382 higher low, and price is now holding just under the figure late in the NY session with RSI(14) neutral.
Support: 1.3382, 1.3379, 1.3364
Resistance: 1.3403
What it said to watch
M15 close above the 1.3403 session high breaks the range top that has capped all day
Failure to hold 1.3382 higher low reopens the 1.3379 ny low
38.2% of the ny low-to-high leg sits at 1.3393, first area for a pullback to test
Bailey speech Thu 10:50 UTC could materially shift this read; a dovish tilt puts the 1.3364 cpi low back in focus
18:31 UTC
Uptrend since CPI, stalling at 1.3400 · RSI 60 · price 1.33983
Range 1.3379–1.3403 after CPI rally, higher low intact.
The hot UK CPI print at 06:00 UTC swept to the 1.3364 cpi low before London drove GBP to a 1.3403 day high. NY retraced to the 1.3379 swing low, which held at the 61.8% fib, and price has since rebuilt into the 1.3400 round number, where it has stalled in late NY.
Support: 1.33934, 1.33789, 1.3364
Resistance: 1.3400, 1.34029
What it said to watch
M15 close above the 1.3403 day high breaks the range top
Failure at 1.3400 again would mark a third rejection at the round number
Loss of the 1.3393 pullback low reopens the 1.3379 swing low and 61.8% fib
A break of the rising support from the cpi low would end the post-CPI higher-low sequence
BoE Gov. Bailey speech Thu 10:50 UTC and US jobless claims at 12:30 UTC could materially shift this read
18:16 UTC
Uptrend since CPI, pressing the session high · RSI 64 · price 1.34008
V-recovery from NY low back to the 1.3400 cap; higher low intact.
The hot UK CPI print at 06:00 UTC first swept below the Asian range to the 1.3364 cpi low, then reversed. London carried price to a 1.3403 session high. The NY dip held the 1.3379 ny low, at the 61.8% of the CPI move, and late NY has recovered back to retest the 1.3400 cap with RSI(14) near 64.
Support: 1.3389, 1.3379, 1.3364
Resistance: 1.34029
What it said to watch
M15 close above the 1.3403 session high breaks the London-NY cap that has held all day
Loss of the 1.3389 london lows puts the 1.3379 ny low and 61.8% fib back in play
A break below the 1.3364 cpi low would erase the post-CPI move
Bailey speech Thu 10:50 UTC could materially shift this read
Range 1.3379–1.3403 under repeated tests of the cap.
The hot UK CPI print at 06:00 UTC broke the Asian range higher. Since London, the pair has ranged between 1.3379 and 1.3403, with the session high rejecting four tests near 1.3400. The NY low at 1.3379 held at the 61.8% level of the CPI-move fib, measured from the 1.3364 cpi low, and price is back pressing the cap after London close, holding above the ema20 with RSI(14) near 64.
Support: 1.3393, 1.3379, 1.3364
Resistance: 1.3403
What it said to watch
M15 close above the 1.3403 session high breaks the range top
Loss of the ema20 near 1.3393 returns price to the middle of the range
Failure to hold the 1.3379 ny low puts the 1.3364 cpi low back in play
BoE Gov. Bailey speech Thu 10:50 UTC could materially shift this read
Range 1.3379–1.3403 after London breakout; NY higher low.
The hot UK CPI print whipsawed the 06:00 UTC bar to a 1.3364 cpi low. London then broke the 1.3370–1.3378 Asian range and ran to 1.3403, where supply has capped four tests of the session high. NY's pullback held the 1.3379 ny low at the 61.8% fib, a 1.3382 higher low followed, and price is pressing the session high again late in NY with RSI(14) near 62.
Support: 1.33824, 1.33789, 1.3364
Resistance: 1.34029
What it said to watch
M15 close above the 1.3403 session high breaks the four-test cap and the range read
Failure to hold the 1.3382 higher low exposes the 1.3379 ny low / 61.8% fib
A break of 1.3379 reopens the gap toward the 1.3364 cpi low
BoE Gov. Bailey speaks Thu 10:50 UTC; a hedged message on hikes beyond November could undercut the CPI-driven gains
US jobless claims Thu 12:30 UTC are the next USD-side risk
Range 1.3379–1.3403 since London, higher low in late NY.
The hot UK CPI beat at 06:00 UTC drove a leg from the 1.3364 cpi low to 1.3403, but the 1.3400 area has rejected three times (London open, midday, late NY), and the NY dip held the 61.8% retracement near the 1.3379 ny low. Price is back pressing the session high after London close with an intraday hl at 1.3393, RSI(14) ~60.
Support: 1.33934, 1.33789, 1.3364
Resistance: 1.34029
What it said to watch
M15 close above the 1.3403 session high breaks the triple cap at 1.3400 and the range read
Failure to hold the 1.3393 intraday hl returns price to the range middle
Loss of the 1.3379 ny low / 61.8% fib exposes the 1.3364 cpi low
Meta earnings tonight and Bailey Thu 10:50 UTC could materially shift this read
17:16 UTC
Intraday range after post-CPI rally, capped below 1.3403 · RSI 54 · price 1.33965
Range 1.3379–1.3403 since London morning, NY higher low.
The hot UK CPI print whipsawed cable to a 1.3364 CPI low, then London broke above the 1.3370–1.3378 Asian range into a 1.3379–1.3403 band, where supply has capped three tests of the 1.3400–1.3403 session high. The NY low at 1.3379 held at the 61.8% of the CPI move fib, NY then printed a higher low at 1.3382, and price sits at 1.3397 late in the NY session with RSI(14) neutral near 54.
Support: 1.3382, 1.3379, 1.3364
Resistance: 1.3403
What it said to watch
M15 close above the 1.3403 session high breaks the range top
Loss of the 1.3382 higher low and the 1.3379 NY low (61.8% of the CPI move fib) reopens the 1.3364 CPI low
BoE Bailey speech Thu 10:50 UTC could materially shift this read
London-NY range 1.3379–1.3403, third test of the top.
The hot UK CPI print whipsawed price below the Asian range to the 1.3364 cpi low, then lifted it to 1.3400. Supply has capped the 1.3400–1.3403 session high three times since London. The NY low at 1.3379 held at the 61.8% retrace, and a late-NY rebound has price back testing the cap with RSI neutral near 54.
Support: 1.3379, 1.3364
Resistance: 1.3403
What it said to watch
M15 close above the 1.3403 session high breaks the three-test cap
Loss of the 1.3379 ny low (61.8%) exposes the 1.3364 cpi low
Bailey speech Thu 10:50 UTC could materially shift this read
US jobless claims Thu 12:30 UTC
16:46 UTC
Intraday up from CPI low, stalled below 1.3400 · RSI 49 · price 1.33924
1.3379–1.3403 range after London rally; NY lower highs vs a higher low.
The hot UK CPI print whipsawed the 06:00 UTC bar to the 1.3364 CPI low. London then broke the 1.3370–1.3378 Asian range and ran to a 1.3403 session high, where four tests were rejected. NY pulled back to the 61.8% fib at the 1.3379 NY low, and after London close price set a higher low at 1.3382 and is pressing the lower-high trendline near 1.3395.
Support: 1.3382, 1.3379, 1.3364
Resistance: 1.3395, 1.3403
What it said to watch
M15 close above the 1.3403 session high breaks the cap that has held since London
A close above the 1.3395 lower high and NY trendline turns the afternoon structure back to higher highs
Loss of the 1.3382 higher low and the 1.3379 NY low (61.8% fib) exposes the 1.3364 CPI low
BoE Gov. Bailey speaks Thu 10:50 UTC and US jobless claims print Thu 12:30 UTC; either could materially shift this read
16:16 UTC
London up-move correcting, lower highs since midday · RSI 41 · price 1.33865
Lower highs off 1.3403 session high; 61.8% retrace holding on retest of breakout zone.
Hot UK CPI drove a London break of the Asian range top near 1.3378 and a run to a 1.3403 session high, where three tests of the 1.3400 area ended in rejection. Lower highs since Bailey's 13:00 UTC appearance pulled price back to the 61.8% retrace and NY low at 1.3379, which held on a retest of the breakout zone. Price sits under EMA20 near 1.3390 and roughly level with EMA50.
Support: 1.33789, 1.3364
Resistance: 1.3395, 1.34029
What it said to watch
M15 close above the 1.3395 lower high breaks the descending sequence from the 1.3403 session high
Failure to hold 1.3379 (61.8% / low) returns price into the Asian range and opens the 1.3364 cpi low
Meta earnings tonight and Bailey's speech Thu 10:50 UTC could materially shift this read
16:01 UTC
London advance, NY pullback with lower highs · RSI 42 · price 1.33874
Lower highs and lower lows since the 1.3403 session high; NY low holding the 61.8% of the CPI rally.
The hot UK CPI print took London through the Asian range top near 1.3378 to a 1.3403 session high. Since Bailey's 13:00 UTC slot, NY has printed lower highs along a descending trendline, and the 1.3379 NY low has retested the Asian range top at the 61.8% of the CPI rally. The 15:30 UTC rejection at 1.3395 leaves price below EMA20 and sitting on EMA50 after London close.
Support: 1.33789, 1.3364
Resistance: 1.3395, 1.34029
What it said to watch
M15 close below the 1.3379 NY low breaks the 61.8% and exposes the 1.3364 CPI low
Close above the 1.3395 rejection high breaks the descending trendline and reopens the 1.3403 session high
Meta earnings after the US close could hit USD through risk sentiment overnight
Post-CPI higher range 1.3388–1.3403, NY dip reclaimed.
Hot UK CPI at 06:00 UTC whipped price to a 1.3364 cpi low. London then broke the Asian range top near 1.3378 and ran to a 1.3403 session high, with supply capping around the 1.3400 round number. A NY dip to the 1.3379 ny low retested the Asian high and the 61.8% of the CPI rally, and the 15:15 bar reclaimed the 1.3388–1.3403 London range; RSI(14) near 52, ATR about 6.5 pips.
Support: 1.33789, 1.3364
Resistance: 1.3400, 1.34029
What it said to watch
M15 close above the 1.3403 session high breaks the London range and the 1.3400 round number cap
Failure to hold the 1.3379 ny low (61.8% fib, Asian high) exposes the 1.3364 cpi low
Slip back below 1.3388 turns the NY reclaim into a failed recovery inside the London-NY transition
Meta earnings after the US close could shift USD tone; Bailey speaks Thu 10:50 UTC
15:16 UTC
Post-CPI uptrend, pulling back · RSI 38 · price 1.3385
Double top at 1.3400-1.3403, NY lower highs into 50% retracement.
The hot UK CPI print at 06:00 UTC spiked GBPUSD to the 1.3364 cpi low before a London rally cleared the Asian range. Supply capped twice at 1.3400-1.3403, and NY hours have printed lower highs back to the 1.3380 ny low, the 50% retracement of the CPI leg, with price now below the ema20 near 1.3390.
Support: 1.3380, 1.3370, 1.3364
Resistance: 1.3390, 1.3403
What it said to watch
M15 close below the 1.3380 ny low and 50% retracement opens the 1.3370 asian low and the 1.3364 cpi low
Reclaim of the ema20 at 1.3390 and a break of the NY lower highs line would undercut the double top read
Session high at 1.3403 is the cap; acceptance above it invalidates the pullback structure
Meta Q3 earnings tonight could shift USD via AI-sentiment and yields
15:01 UTC
London uptrend stalled, NY pullback · RSI 44 · price 1.33868
Twin tops near 1.3400; 1.3388 neckline broken in NY.
The hot UK CPI print at 06:00 UTC spiked to the 1.3364 CPI low, then London carried GBPUSD to a 1.3403 session high, where twin tops near 1.3400 met supply. The NY session broke the 1.3388 neckline to a 1.3380 NY low, which held between the 50% and 61.8% fib of the CPI-day leg. RSI(14) sits near 44.
Support: 1.3380, 1.3379, 1.3364
Resistance: 1.3388, 1.3403
What it said to watch
An M15 close back above the 1.3388 neckline negates the double top read
A break of the 1.3380 NY low exposes the 61.8% fib at 1.3379, then the 1.3364 CPI low
Acceptance above the 1.3403 session high reopens the 1.3400-1.3410 cap test
Meta earnings tonight are a USD sentiment cross-current; Bailey's Thu 10:50 UTC speech is the next GBP catalyst
London rally capped at 1.3400–1.3403; NY pullback holding the 50–61.8% retracement.
The hot UK CPI print spiked GBPUSD to a 1.3364 cpi low, then London broke above the Asian high at 1.3378 and rallied to a 1.3403 session high, where price was rejected three times. NY has carved lower highs, with the latest at 1.3396, and dipped to a 1.3381 ny low near the 50–61.8% fib of the CPI move. Price is now back below EMA20 and sitting on EMA50, with RSI(14) neutral at 46.
Support: 1.3381, 1.3378, 1.3364
Resistance: 1.3396, 1.3403
What it said to watch
A break below the 1.3381 ny low and the 61.8% fib exposes the Asian high at 1.3378, which is the London breakout level
Losing the 1.3378 asian high puts the 1.3364 cpi low back in play
M15 close above the 1.3396 lower high breaks the NY lower-highs line and reopens the 1.3403 session high
London close is due within the hour and may thin follow-through; Bailey speaks Thu 10:50 UTC and is the next GBP catalyst
London range 1.3388–1.3403 broken lower in early NY.
Hot UK CPI printed a 1.3364 cpi low at 06:00 UTC. London then rallied through the Asian high and was rejected twice at the 1.3403 session high. Since Bailey's 13:00 UTC speech window and the NY open, price has broken the London low at 1.3388 and is testing the 1.3380 NY low near the 50% fib of the CPI leg, with RSI(14) near 41 and price under EMA20.
Support: 1.3380, 1.3378, 1.3364
Resistance: 1.3388, 1.3403, 1.3409
What it said to watch
M15 close back above the 1.3388 london low negates the range break
A close below the 1.3380 ny low exposes the 1.3378 asian high, where the 61.8% fib sits
Loss of the 1.3364 cpi low unwinds the entire post-CPI leg
Headlines from Bailey's 13:00 UTC speech could reverse the move toward the 1.3403 session high or the 1.3409 prior high
London range 1.3388–1.3403 slipping lower in early NY.
Hot UK CPI at 06:00 UTC first swept to a 1.3364 cpi low, then London cleared the asian high near 1.3378 and ran to a 1.3403 session high before going flat. Early NY has slipped under the 1.3388 london floor, which sits on the 38.2% fib, and is probing the 1.3384 ny low. RSI(14) is near 40, and price is below EMA20 and sitting on EMA50.
Support: 1.33843, 1.33783, 1.3364
Resistance: 1.3388, 1.34029, 1.3409
What it said to watch
An M15 close back above the 1.3388 london floor restores the London range read
Failure at the 1.3384 ny low exposes the 50% fib at 1.3383 and the 1.3378 asian high
Only a clear of the 1.3403 session high brings the 1.3409 prior high into play
Bailey's Thu 10:50 UTC remarks could materially shift this read
London box 1.3388–1.3403 above broken Asian range.
The hot UK CPI print lifted cable from the 1.3364 low and out of the 1.3370–1.3378 Asian range. London has since held a 1.3388 range floor to 1.3403 session high box beneath the 1.3409 prior high. A first-hour-of-NY wick swept the range floor (38.2% fib) and was rejected, with RSI(14) neutral near 49 and price just under EMA20.
Support: 1.3388, 1.3384, 1.3378
Resistance: 1.3403, 1.3409
What it said to watch
M15 close above the 1.3403 session high and 1.3409 prior high breaks the box to the upside
Close below the 1.3384 sweep low (50% fib) reopens the 1.3378 asian high
Headlines from Bailey's 13:00 UTC speech, not yet covered, could materially shift this read
Range 1.3388–1.3403 after a HH/HL rally from the 1.3364 CPI low.
Hot UK CPI whipsawed cable to a 1.3364 cpi low at the 06:00 UTC release. London then broke the Asian range and stalled at 1.3400–1.3403, where it has been rejected three times since 08:45 UTC, with the 12:00 UTC session high at 1.3403 still below yesterday's 1.3409 prior high. Into NY hours price sits mid-range near 1.3392 and below EMA20, with the 1.3388 swing low lining up with the 38.2% fib of the CPI rally; RSI(14) is neutral near 47.
Support: 1.3388, 1.3378, 1.3364
Resistance: 1.3403, 1.3409
What it said to watch
Bailey's remarks (13:00 UTC) could materially shift this read; an M15 close above the 1.3403 session high and 1.3409 prior high breaks the cap
Failure to hold the 1.3388 swing low exposes the 61.8% fib near the 1.3378 asian high
A break of the 1.3364 cpi low unwinds the entire post-CPI rally
13:16 UTC
Uptrend from CPI low, now stalling · RSI 54 · price 1.33974
Tight range 1.3388–1.3403 under prior high.
Hot UK CPI whipsawed cable to a 1.3364 cpi low before early London broke the 1.3370–1.3378 Asian range higher. Price has since compressed in a 1.3388–1.3403 band, with the range low at the 38.2% fib and the session high just under the 1.3409 prior high. RSI(14) is neutral near 54 as Bailey's 13:00 UTC speech lands.
Support: 1.3388, 1.3378, 1.3364
Resistance: 1.3403, 1.3409
What it said to watch
Bailey is speaking now (13:00 UTC); this could break price out of the 1.3388–1.3403 range
M15 close above the 1.3409 prior high clears the 1.3400/1.3410 cap from the session high
Close below the 1.3388 range low and the cpi low trendline exposes the 1.3378 asian high, then the 1.3364 cpi low
Higher lows (1.3388 → 1.3392) compressing under the 1.3400–1.3409 cap.
The hot UK CPI print swept to a 1.3364 cpi low before London lifted GBPUSD back toward 1.3400. Two pushes through the round number stalled at the 1.3403 session high, while the 1.3388 swing low held at the 38.2% retracement and the 1.3392 higher low formed below the prior high at 1.3409. Price sits mid-band into the London-NY transition, with RSI(14) neutral near 54.
Support: 1.3392, 1.3388, 1.3364
Resistance: 1.3403, 1.3409
What it said to watch
Bailey speech at 13:00 UTC could materially shift this read in the next few bars
M15 close above the 1.3409 prior high breaks the range cap left by yesterday's NY session
Loss of the 1.3392 higher low and 1.3388 swing low opens the 50–61.8% retracement zone toward 1.3379–1.3384
A return below the 1.3364 cpi low would erase the post-CPI rebound
Post-CPI leg up, then tight consolidation 1.3388–1.3403.
Hot UK CPI whipsawed price to a 1.3364 CPI low at 06:00 UTC. London then lifted it through the asian high near 1.3378. Since 08:45 UTC the pair has held between the 1.3388 range low and the 1.3403 session high, and the latest push above 1.3400 met rejection back to EMA20, with RSI(14) neutral near 51.
Support: 1.3388, 1.3378, 1.3364
Resistance: 1.3403, 1.3409
What it said to watch
Bailey speech at 13:00 UTC falls inside the next bar and could break the 1.3388–1.3403 consolidation
An M15 close above the 1.3409 prior high clears yesterday's NY peak and ends the stall below 1.3400
Failure to hold the 1.3388 range low exposes the 1.3378 asian high, then the 1.3364 CPI low
12:31 UTC
Intraday uptrend, pressing the cap · RSI 58 · price 1.34005
Higher lows since CPI low, testing session high under prior high.
After the CPI-beat whipsaw printed a 1.3364 CPI low, London broke the 1.3378 Asian high and built higher lows at the 1.3388 London low along rising support. Price is back at the 1.3403 session high, just under yesterday's 1.3409 prior high, with RSI(14) near 58 and ATR around 6 pips. The 61.8% retrace of the CPI-low leg lines up with the Asian high near 1.3379.
Support: 1.3388, 1.3378, 1.3364
Resistance: 1.3403, 1.3409
What it said to watch
M15 close above the 1.3409 prior high breaks the 1.3400–1.3410 cap
Failure to hold the 1.3388 London low and rising support confirms a lower low, exposing the 1.3378 Asian high and 61.8% retrace
Bailey speaks at 13:00 UTC, about 45 minutes out. A move back below the 1.3364 CPI low would unwind the London leg
Post-breakout consolidation 1.3388–1.3401 above the Asian range.
The UK CPI beat flushed to a 1.3364 cpi low before London broke above the 1.3370–1.3378 Asian range and ran to a 1.3401 session high. Since then price has held a 12-pip band between the 1.3388 range low and the 1.3400 cap below yesterday's 1.3409 prior high. The range low sits on the 38.2% of the cpi-leg fib and RSI(14) is neutral near 55.
Support: 1.3388, 1.3378, 1.3364
Resistance: 1.3401, 1.3409
What it said to watch
M15 close above 1.3409 prior high breaks the consolidation and clears yesterday's NY-session top
Failure to hold the 1.3388 range low exposes the 1.3378 asian high, then the 1.3364 cpi low
Bailey speaks at 13:00 UTC, roughly 45 min out, and could materially shift this read
Tight 1.3388–1.3401 consolidation above the Asian range after the post-CPI rally.
The 06:00 UTC UK CPI beat produced a two-way spike to the 1.3364 session low. London then lifted GBPUSD out of the Asian range to a 1.3401 session high, and price has since held a tight 1.3388–1.3401 consolidation below the 1.3409 prior high. Pullbacks have stalled above the 38.2% fib with RSI(14) neutral near 59.
Support: 1.3388, 1.3378, 1.3364
Resistance: 1.3401, 1.3409
What it said to watch
M15 close above the 1.3409 prior high breaks the consolidation top and clears yesterday's cap
Failure to hold the 1.3388 range low exposes the 1.3378 Asian high and the 50% fib near 1.3382
Bailey speaks at 13:00 UTC, about 75 minutes out; it could materially shift this read either side of the range
Tight London consolidation 1.3388–1.3401 above the broken Asian range.
Hot UK CPI whipsawed GBPUSD to a 1.3364 cpi low. London then lifted it out of the 1.3370–1.3378 Asian range to a 1.3401 session high, below yesterday's 1.3409 prior high, and the borrowing overshoot has helped cap gains there. Late London is compressing in a 1.3388–1.3401 band above the 23.6% fib, with RSI(14) neutral near 55.
Support: 1.33882, 1.33783, 1.3364
Resistance: 1.34007, 1.3409
What it said to watch
Bailey speaks at 13:00 UTC (16:00 broker) and could materially shift this read
M15 close above the 1.3409 prior high breaks the 1.3400/1.3410 cap
Loss of the 1.3388 london low exposes the 1.3378 asian high, then the 50% fib near 1.3382
A return to the 1.3364 cpi low would erase the post-CPI leg
London breakout above Asian high, now consolidating in a tight 1.3388–1.3401 band.
Hot UK CPI whipsawed GBPUSD to a 1.3364 CPI low before London broke above the 1.3378 Asian high and ran to a 1.3401 session high, just shy of yesterday's 1.3409 prior high. Mid-London, price is compressing in a 1.3388–1.3401 band and pressing the range low near the 38.2% retracement of the CPI low to session high leg, with RSI(14) neutral near 52 and price sitting on EMA20.
Support: 1.3388, 1.3378, 1.3364
Resistance: 1.3401, 1.3409
What it said to watch
M15 close below the 1.3388 range low exposes the 1.3378 Asian high and the 50–61.8% retracement zone
Close above the 1.3401 session high brings the 1.3409 prior high, the one-month cap, into play
Bailey speaks at 13:00 UTC, early in the NY session, and could materially shift this read
Loss of the 1.3364 CPI low would erase the post-CPI recovery
Post-CPI higher low, tight range under a lower high.
Hot UK CPI whipsawed cable to a 1.3364 cpi low at 06:00 UTC before London lifted it out of the Asian range, but the move met rejection at the 1.3401 session high, a lower high under yesterday's 1.3409 prior high. Mid-London, price is compressing in a 1.3389–1.3400 range near the 23.6% fib, with RSI(14) neutral at 56 and price just above EMA20.
Support: 1.3389, 1.3378, 1.3364
Resistance: 1.3401, 1.3409
What it said to watch
M15 close below the 1.3389 range low opens the 38.2% fib and the 1.3378 asian high
Loss of the 1.3378 asian high exposes the 1.3364 cpi low
Close above the 1.3401 session high and 1.3409 prior high breaks the 1.3400/1.3410 cap
BoE Governor Bailey speaks at 13:00 UTC (16:00 broker time); his tone could materially shift this read
Asian range broken higher; tight 1.3389–1.3401 consolidation under session high.
Hot UK CPI at 06:00 UTC whipsawed cable to the 1.3364 cpi low before London broke the 1.3378 Asian high and ran to a 1.3401 session high, stalling at the 1.3400 area. Price has spent two hours compressing between 1.3389 and 1.3401 and is now pressing the range low, with RSI(14) cooled to ~59 and price just above EMA20.
Support: 1.3389, 1.3378, 1.3364
Resistance: 1.3401, 1.3409
What it said to watch
M15 close below the 1.3389 range low exposes the 1.3378 Asian high and the 50% fib of the CPI-low rally near 1.3382
M15 close above the 1.3401 session high opens yesterday's 1.3409 prior high
Rejection at the 1.3400 area in the run-up to the NY open would extend the range read
US-Iran or oil headlines can move USD outside the scheduled calendar
Higher lows from CPI low, tight range below session high.
The hot UK CPI print whipsawed price to the 1.3364 CPI low. London then broke above the 1.3370–1.3378 Asian range and pushed to a 1.3401 session high, just shy of yesterday's 1.3409 prior high. Post-CPI gains are now compressing between 1.3389 and 1.3399 above the pullback low, with RSI(14) cooling to ~64.
Support: 1.3389, 1.3378, 1.3364
Resistance: 1.3401, 1.3409
What it said to watch
M15 close above the 1.3409 prior high clears the one-month cap; repeated stalls under the 1.3401 session high keep the consolidation intact
Break of the 1.3389 pullback low and the post-CPI trendline exposes the 1.3378 asian high
Return below the 1.3364 cpi low negates the post-CPI advance
NY open flows, then Bailey on Thu 10:50 UTC, could materially shift this read
Higher lows since the CPI low; tight 1.3389–1.3401 box mid-London.
The hot UK CPI print swept both sides of the Asian range, marking a 1.3364 CPI low. London then broke above the 1.3378 Asian high and printed a 1.3401 session high, still just under yesterday's 1.3409 prior high. Price is now compressing between the 1.3389 swing low and the session high. RSI(14) is cooling from the mid-70s, and the rising trendline is intact.
Support: 1.33886, 1.33783, 1.3364
Resistance: 1.34007, 1.3409
What it said to watch
M15 close above the 1.3409 prior high clears yesterday's top and the 1.3400 cap
Break below the 1.3389 swing low and the rising trendline exposes the 1.3378 Asian high
Loss of the Asian high reopens the 1.3364 CPI low and voids the post-CPI higher-low chain
USD swings on oil/Iran headlines into the NY open could break the 1.3389–1.3401 box
London broke above the Asian range after the CPI low; higher lows, now holding a tight range under the session high.
The hot UK CPI print first swept to a 1.3364 CPI low, then London broke the 1.3370–1.3378 Asian range and ran to a 1.3401 session high. The pullback low at 1.3389 sits on the 38.2% fib of that leg. Price is now coiling just under the session high, with yesterday's 1.3409 prior high capping above and RSI(14) near 69.
Support: 1.33886, 1.3378, 1.3364
Resistance: 1.34007, 1.3409
What it said to watch
M15 close above the 1.3409 prior high clears the 1.3400–1.3410 cap and extends the leg
Loss of the 1.3389 pullback low and the rising trendline opens a return to the 1.3378 Asian high
A drop back below the Asian high toward the 1.3364 CPI low would negate the post-CPI breakout
No scheduled GBP/USD data in the next 8h; Bailey speaks Thu 10:50 UTC
London broke above the Asian range; higher lows under the session high.
Hot UK CPI first knocked GBPUSD to a 1.3364 cpi low. London then broke out of the 1.3370–1.3378 Asian range and printed a 1.3401 session high, just under yesterday's 1.3409 prior high. Mid-London, the pullback low at 1.3389 has held, holding the dip between the 23.6% and 38.2% retracement. RSI(14) near 71 shows a firm but not stretched tape.
Support: 1.33886, 1.33783, 1.3364
Resistance: 1.34007, 1.3409
What it said to watch
M15 close above the 1.3409 prior high clears the one-month cap zone
Rejection again at the 1.3401 session high keeps price capped under 1.3400
Break of the 1.3389 pullback low exposes the 1.3378 asian high
Return inside the Asian range opens the path back toward the 1.3364 cpi low
No scheduled data into the NY session; Bailey speaks Thu 10:50 UTC
London breakout above Asian range, HH/HL to 1.3401, shallow pullback.
The hot UK CPI print at 06:00 UTC whipsawed price through both sides of the tight 1.3370–1.3378 Asian range, setting the 1.3364 CPI low. London then broke above the Asian high in a HH/HL run to the 1.3401 session high, where supply capped price just under the 1.3409 prior high. The pullback low at 1.3389 sits on the 38.2% retrace of the CPI-low swing, and RSI(14) has cooled to ~70.
Support: 1.33886, 1.3378, 1.3364
Resistance: 1.34007, 1.3409
What it said to watch
M15 close below the 1.3389 pullback low opens the 61.8% fib / Asian high at 1.3378
Close above the 1.3401 session high puts the 1.3409 prior high in play
Loss of the 1.3364 CPI low would erase the London breakout
Bailey Thu 10:50 UTC is the next scheduled GBP risk; fiscal concerns have capped GBP at 1.3400
London break of Asian range, higher-low chain intact.
After the two-way UK CPI spike to the 1.3364 session low at 06:00 UTC, London broke the 1.3370–1.3378 Asian range and printed a 1.3401 session high, just under yesterday's 1.3409 prior high. The first dip held at the 1.3390 pullback low, near the 38.2% fib. RSI(14) near 76 is stretched but not extreme, and the digest flags the hot CPI being offset by the borrowing overshoot that has capped 1.3400.
Support: 1.33898, 1.33783, 1.3364
Resistance: 1.34007, 1.3409
What it said to watch
M15 close below the 1.3390 pullback low and the London trendline breaks the higher-low chain
Return below the 1.3378 Asian high would mark the range break as a false break
Acceptance above the 1.3401 session high exposes the 1.3409 prior high
No scheduled GBP/USD data in the next 8h. Bailey (Thu 10:50 UTC) is the next GBP catalyst
London higher-low chain off CPI low, testing session high.
The hot UK CPI print at 06:00 UTC whipsawed GBP down to the 1.3364 CPI low. London then broke the Asian high at 1.3378 and stepped up in higher lows, last at the 1.3383 swing low. Price is now pressing the 1.3400 psych level and one-month high, just under yesterday's prior high at 1.3409, with RSI(14) near 76.
Support: 1.3383, 1.3378, 1.3364
Resistance: 1.3400, 1.3409
What it said to watch
An M15 close above the 1.3409 prior high clears yesterday's high and the one-month cap.
Repeated rejection at 1.3400 psych would match the failure there flagged after the borrowing overshoot.
Loss of the 1.3383 swing low breaks the London higher-low line and exposes the Asian high at 1.3378.
A move back below the 1.3364 CPI low would erase the post-CPI advance.
Bailey speaks Thu 10:50 UTC; no tier-1 data is scheduled in the next 8h.
09:01 UTC
Uptrend, extended into resistance · RSI 77 · price 1.33975
London breakout above Asian range and CPI spike high, higher lows from 1.3364.
The hot UK CPI print whipsawed cable to a 1.3364 CPI low, then London lifted it out of the 1.3370–1.3378 Asian range and through the 1.3385 CPI spike high. Price is pressing the 1.3400 round number just under yesterday's 1.3409 prior high, with RSI(14) near 77 and the rally running along rising lows.
Support: 1.3385, 1.3378, 1.3364
Resistance: 1.3400, 1.3409
What it said to watch
A stall below the 1.3400 round number or 1.3409 prior high would repeat yesterday's failure at the same zone
A move back below the 1.3385 CPI spike high, and then the 1.3378 Asian high, would negate the London breakout
A break of the rising lows trendline exposes the 1.3364 CPI low and the fib retracement of the London leg
Bailey speaks Thu 10:50 UTC, the next scheduled GBP risk to this read
Asian range break higher, rising lows since CPI low.
The hot UK CPI beat whipsawed price between 1.3364 and 1.3385 at 06:00 UTC. London then broke the 1.3370–1.3378 Asian range and cleared the CPI high, printing a 1.3393 session high on a chain of rising lows. Price now sits just under the 1.3400 psych and the 1.3409 prior high, where Tuesday's rally stalled; RSI(14) is near 71 and ATR(14) about 6 pips.
Support: 1.3385, 1.3378, 1.3364
Resistance: 1.33925, 1.3400, 1.3409
What it said to watch
M15 close back below the 1.3385 CPI high, then the 1.3378 Asian high, would turn the breakout into a false break back inside the Asian range
Rejection at the 1.3400 psych and 1.3409 prior high would repeat Tuesday's stall; a close above 1.3409 opens fresh session-high territory
Loss of the 1.3364 CPI low breaks the rising-lows trendline
Lagarde speaks today and may move GBP via EUR/GBP; Bailey on Thu 10:50 UTC is the next major GBP risk
Asian range break at London open; higher low above post-CPI dip.
Hot UK CPI at 06:00 UTC whipsawed cable to a 1.3364 cpi low. London then lifted price out of the 1.3370–1.3378 Asian range to a 1.3393 session high, leaving a higher low at 1.3372. RSI(14) is near 65 and cooling; Tuesday's 1.3409 prior high and the 1.3400 psych level sit overhead.
Support: 1.3378, 1.3372, 1.3364
Resistance: 1.3393, 1.3409
What it said to watch
M15 close back below the 1.3378 asian high returns price to the Asian range and puts the post-CPI rising line under test
Loss of the 1.3372 higher low, then the 1.3364 cpi low, unwinds the CPI recovery
Close above the 1.3393 session high exposes 1.3400 and the 1.3409 prior high; the 50% of the cpi low-session high fib aligns with the asian high near 1.3378
UK fiscal or gilt headlines after the £24.52B borrowing print could cap follow-through
08:16 UTC
Intraday up, London breakout · RSI 70 · price 1.33886
Higher lows off the CPI low, Asian range cleared.
Early London broke above the 1.3370–1.3378 Asian range and the 1.3385 cpi spike high. The 07:45 bar closed at 1.3389, after the hot UK CPI whipsaw dip to the 1.3364 cpi low held at the 61.8% of Tuesday's rally fib. RSI(14) is near 70, with the 1.3400 round number and Tuesday's 1.3409 prior high overhead.
Support: 1.33853, 1.33783, 1.3364
Resistance: 1.3400, 1.3409
What it said to watch
M15 close back below the 1.3385 cpi spike high would turn the London breakout into a false break
Loss of the 1.3378 asian high returns price to the overnight range
Rejection at the 1.3400 round number or the 1.3409 prior high would leave a lower high under Tuesday's peak
A break of the 1.3364 cpi low, also the 61.8% of Tuesday's rally, negates the higher-low sequence on the cpi low line
Bailey speaks Thu 10:50 UTC and could materially shift this read
Higher lows off 1.3364 cpi low, pressing the Asian high.
The hot UK CPI print at 06:00 UTC spiked through both sides of the 1.3370–1.3378 Asian range, reaching the 1.3385 cpi high and the 1.3364 cpi low. That low held at the 61.8% retrace of Tuesday's rally. Early London has since built higher lows and pushed back to the Asian high at 1.3380, with the 1.3400 psych and the 1.3409 prior high above.
Support: 1.3378, 1.3370, 1.3364
Resistance: 1.3385, 1.3400, 1.3409
What it said to watch
M15 close above the 1.3385 cpi high opens the 1.3400 psych and the 1.3409 prior high
Slip back below the 1.3378 Asian high puts price back inside the Asian range, with the 1.3370 Asian low next
Failure to hold the 1.3364 cpi low breaks the 61.8% rally fib hold and the higher-low trend
BoE Bailey Thu 10:50 UTC is the next GBP catalyst for hike pricing
07:46 UTC
Sideways, post-CPI chop inside Asian range · RSI 54 · price 1.33775
Tight 1.3370–1.3380 range; CPI spike swept both ends and closed back inside.
The hot UK CPI print at 06:00 UTC spiked price both ways, from the 1.3385 cpi high to the 1.3364 cpi low. The bar closed back inside the 1.3370–1.3380 Asian range, as the £24.52B borrowing miss offset the hawkish read. Early London is pressing the range top, between the 38.2% and 50% of Tuesday's rally (61.8% sits at the cpi low), with RSI(14) neutral at 54.
Support: 1.3370, 1.3364, 1.3336
Resistance: 1.3380, 1.3385, 1.3409
What it said to watch
M15 close above the 1.3385 cpi high breaks the range and opens the Tuesday high at 1.3409 (near the 1.3400 five-week high)
Failure at the 1.3380 range top keeps the Asian range intact, with the 1.3370 asian low next
Loss of the 1.3364 cpi low / 61.8% retracement exposes the 1.3336 rally base
BoE Gov. Bailey Thu 10:50 UTC could materially shift this read via Nov 5 hike odds
07:31 UTC
Flat, sideways since Tuesday NY · RSI 52 · price 1.33751
Tight Asian range 1.3370–1.3380, CPI spike swept both ends and closed back inside.
The 06:00 UTC UK CPI beat swept both sides of the Asian range, to a 1.3385 CPI high and a 1.3364 CPI low, then closed back inside. GBP is stalling as hike pricing looks largely done and the borrowing miss offsets the hot print. Early London is flat near 1.3375, around the 50% retracement of Tuesday's rally. The CPI low held at the 61.8%, and EMAs are flat at price.
Support: 1.3370, 1.3364
Resistance: 1.3379, 1.3385, 1.3409
What it said to watch
M15 close above the CPI high at 1.3385 opens the path to the 1.3409 prior high (Tuesday's five-week high)
Failure to hold the Asian low at 1.3370 puts the CPI low / 61.8% at 1.3364 back in play
Asian high at 1.3378–1.3380 has capped the post-CPI rebound; range read holds while price stays inside
Bailey speaks Thu 10:50 UTC; a shift in Nov hike odds could break this range
Tight 1.3370–1.3380 Asian range; the CPI spike broke both sides and closed back inside.
Early London is trading inside a 1.3370–1.3378 Asian range. That range has held since yesterday's NY fade from the 1.3409 prior high, which came after the US-Iran headline-driven rally. The hot UK CPI print (3.5% vs 3.4%) spiked price to a 1.3385 CPI high and a 1.3364 CPI low, the 61.8% fib of that rally, before closing back inside the range, with no follow-through yet.
Support: 1.3370, 1.3364
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
M15 close above the 1.3385 CPI high breaks the Asian high and opens the path to the 1.3409 prior high
M15 close below the 1.3364 CPI low and the 61.8% fib undercuts the Asian low and erodes yesterday's rally structure
US-Iran deal confirmation or denial is an unscheduled USD risk; Bailey's speech (Thu 10:50 UTC) is the next scheduled GBP driver
07:01 UTC
Sideways after yesterday's NY rally faded · RSI 55 · price 1.33768
Tight Asian range 1.3370–1.3378, CPI spike swept both ends.
The hot UK CPI print spiked price both ways at the London open, from the 1.3364 cpi low to the 1.3385 cpi high, sweeping the Asian range before closing back inside it. The cpi low tagged the 61.8% fib of yesterday's NY rally from 1.3336 to the 1.3409 prior high, and price is now pressing the asian high at 1.3378 early in the London session.
Support: 1.3370, 1.3364
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
M15 close above the 1.3385 cpi high opens the path back toward the 1.3409 prior high and 1.3400
Failure to hold the 1.3370 asian low re-exposes the 1.3364 cpi low at the 61.8% fib of the NY rally
Rejection at the 1.3378 asian high keeps the post-CPI range read intact
BoE Gov. Bailey speaks Thu 10:50 UTC and could materially shift this read
06:46 UTC
Range after Tuesday rally, flat momentum · RSI 53 · price 1.3375
Asian range 1.3370–1.3378 intact after two-way CPI sweep.
The UK CPI beat (3.5% vs 3.4%) at 06:00 UTC produced a two-way spike that swept both ends of the Asian range, reaching the cpi high at 1.3385 and the cpi low at 1.3364, then closed back inside. Price is now pinned near 1.3375 on EMA20/50 ahead of London open. The cpi low held at the 61.8% retrace of Tuesday's 1.3336–1.3409 rally.
Support: 1.3370, 1.3364
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
M15 close above the asian high at 1.3378 and the cpi high at 1.3385 reopens the prior high at 1.3409
Failure to hold the asian low at 1.3370, then the cpi low at 1.3364 (61.8% fib), undercuts Tuesday's rally structure
Confirmation or denial of US-Iran deal reports could move USD and shift this read
Asian range 1.3370–1.3378; CPI spike swept both sides.
Tuesday's rally to the 1.3409 day high came on firm UK jobs and broad USD selling on US-Iran headlines. It retraced and settled into a tight 1.3370–1.3378 Asian range. The 06:00 GMT UK CPI bar swept both sides in a 21-pip whipsaw, from the 1.3385 cpi high to the 1.3364 cpi low, the 61.8% fib of that rally, and closed back on the asian low just before London open.
Support: 1.3370, 1.3364, 1.3337
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
M15 close below the 1.3364 cpi low and 61.8% fib exposes the 1.3337 prior low
Reclaim of the 1.3378 asian high and the 1.3385 cpi high turns the read back toward the 1.3409 day high
The CPI actual is not in the inputs. A confirmed soft print, per the digest, aligns with a slide below the cpi low.
US-Iran deal headlines and DXY swings could reprice the USD leg during the London session
06:16 UTC
Range-bound, CPI bar lifting price to range top · RSI 66 · price 1.33809
Asian range 1.3370–1.3378 broken higher on the 06:00 GMT CPI bar.
Cable spent Asia in a tight 1.3370–1.3378 range near the 50% of the Tuesday rally fib. The 06:00 GMT UK CPI bar broke above the range ahead of London open and tagged the cpi bar high at 1.3385, level with the late-NY high. RSI(14) is near 66 and ATR is about 3.4 pips, a pre-release reading that understates likely movement.
Support: 1.3378, 1.3370, 1.3365
Resistance: 1.33853, 1.3400, 1.3409
What it said to watch
A close above the 1.3385 cpi bar high opens 1.3400, the round number, and 1.3409, the Tuesday high (tue high).
A move back below 1.3378, the asian high, would turn the break into a false break. Failure at 1.3370, the asian low, exposes the 1.3365 ny low and the 61.8% of the Tuesday rally fib.
UK CPI actual is not in the inputs. Headline and core versus the 3.4% / 2.7% forecasts will set the London session range, and Bailey speaks Thu 10:50 GMT.
06:01 UTC
Post-rally pullback, flat into London · RSI 46 · price 1.33741
Tight Asian range 1.3370–1.3378 near the 50% retrace of Tuesday's rally.
The UK jobs beat and a softer USD carried cable from 1.3336 to a 1.3409 session high in NY. It has since faded to the 50% retrace of that move, and the late NY high at 1.3385 capped the bounce. Asia compressed into an 8-pip box between the 1.3370 Asian low and the 1.3378 Asian high, with ATR near 3 pips ahead of the London open and UK CPI.
Support: 1.33701, 1.33651
Resistance: 1.33783, 1.33849, 1.3409
What it said to watch
UK September CPI at 06:00 UTC (f/c 3.4% y/y, core 2.7%) is landing now and could materially shift this read
M15 close below the 1.3370 Asian low exposes the 1.3365 swing low, which sits near the 61.8% retrace
M15 close above the 1.3378 Asian high breaks the range; the 1.3385 NY high is the next cap before the 1.3409 session high
05:46 UTC
Sideways after NY spike, momentum flat · RSI 52 · price 1.33754
Tight Asian range 1.3370–1.3378 inside the pullback from the 1.3409 high.
The jobs beat and a weaker USD in the NY session drove cable from 1.3340 to a 1.3409 session high, then it retraced to a 1.3365 NY pb low near the 61.8% fib. Asia has compressed into an 8-pip box between the 1.3370 asian low and the 1.3378 asian high, sitting on the 50% fib with RSI(14) neutral near 52 and price pinned to flat EMAs.
Support: 1.3370, 1.3365
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT (f/c 3.4% y/y, core 2.7%) is minutes away; ATR near 3 pips understates the likely post-release range
M15 close above the 1.3378 asian high, then the 1.3385 evening high (38.2% fib), reopens the 1.3409 session high
M15 close below the 1.3370 asian low exposes the 1.3365 NY pb low; losing that breaks the 61.8% fib of the NY rally
Tight Asian range sitting at 38.2–50% retracement.
The Asian session has compressed into an 8-pip range between the 1.3370 Asian low and 1.3378 Asian high. That range sits between the 38.2% and 50% retracement of Tuesday's jobs rally (jobs rally fib, 1.3328 to the 1.3409 day high). RSI(14) is neutral near 54 and ATR(14) is about 3 pips into UK CPI, now roughly 30 minutes out.
Support: 1.3370, 1.3365
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT (f/c 3.4% y/y, core 2.7%) is the likely catalyst for a break of the Asian range.
An M15 close above the 1.3385 late ny high opens the path back to the 1.3409 day high, the scenario if CPI prints at or above 3.5%.
Failure to hold the 1.3370 Asian low and 1.3365 ny low takes price through the 50% retracement, the downside scenario on a CPI miss.
An in-line CPI print keeps the 1.3370–1.3385 band in play, with USD/Iran headlines then setting direction.
05:16 UTC
Flat, compressing after NY rally · RSI 51 · price 1.33735
Tight Asian range at 50% retrace of NY leg.
Cable ran to a 1.3409 prior high in NY on the jobs beat and softer USD. It has since compressed into a 1.3370–1.3378 Asian range, sitting on the 50% retrace of that rally. RSI(14) is neutral near 51 and ATR has shrunk to about 3 pips, with the late NY high at 1.3385 overhead and the post-rally swing low at 1.3365 below.
Support: 1.3370, 1.3365, 1.3358
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT (f/c 3.4% y/y, core 2.7%) is due in under an hour and could materially shift this read; the current compression leaves the Asian range exposed to a break.
An M15 close below the 1.3370 asian low and the 1.3365 swing low opens the 61.8% retrace and the 1.3358 breakout top from Tuesday's jobs move.
An M15 close above the 1.3378 asian high and the 1.3385 late NY high puts the 1.3409 prior high back in view.
Tight Asian range 1.3370–1.3378 at 50% of Tuesday's rally.
Tuesday's UK jobs beat and a softer USD carried cable from 1.3336 to the 1.3409 jobs high in NY hours. It has since retraced to the swing low at 1.3367 and the 50% fib, and the Asian range is pinned between the 1.3370 asian low and the 1.3378 asian high. Late Asia session, RSI(14) neutral at 50, ATR compressed near 3 pips ahead of UK CPI.
Support: 1.3370, 1.3367, 1.3350
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT (f/c 3.4% y/y, core 2.7%) is about 75 minutes out and could materially shift this read
A break of the Asian range in either direction sets London's first directional move
Failure to hold the 1.3367 swing low (61.8% fib zone) exposes the 1.3350 round number
A close above the 1.3385 late NY high reopens the 1.3409 jobs high
04:31 UTC
Range after rejection from 1.3409 · RSI 58 · price 1.33781
Tight Asian range 1.3370–1.3381 holding above the NY low.
Cable ran from 1.3329 to a 1.3409 prior high on Tuesday's UK jobs beat and a softer USD, then saw rejection there and found a floor at the 1.3365 NY low. Late Asia is now compressing between the 1.3370 Asian low, which sits near the 50% retracement of the jobs rally, and 1.3381. Price is pressing the range top near the 38.2% level, with the 1.3385 late NY high just above.
Support: 1.3370, 1.3365
Resistance: 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT (f/c 3.4% y/y, core 2.7%) is likely to break the Asian range and reset this read
M15 close above the 1.3385 late NY high puts the 1.3409 prior high back in focus
Failure to hold the 1.3370 Asian low exposes the 1.3365 NY low and a deeper retracement of the jobs rally
ATR near 3.5 pips reflects pre-CPI compression and understates likely post-release ranges
04:16 UTC
Range after rejected NY spike · RSI 51 · price 1.33746
Tight Asian range 1.3370–1.3378, near 50% retrace of the 1.3336–1.3409 leg.
The UK jobs beat and broad USD softness lifted cable from 1.3336 to a 1.3409 session high in NY, where supply capped the move and price slid back to the 1.3365 NY swing low. Asia has compressed into a 1.3370–1.3378 range around the 50% fib, with RSI(14) flat near 51 and ATR(14) about 3 pips ahead of UK CPI.
Support: 1.3370, 1.3365, 1.3351
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT (f/c 3.4% y/y, core 2.7%) is likely to break the compressed Asian range either way
M15 close below the 1.3370 Asian low exposes the 1.3365 NY swing low and the 61.8% fib near 1.3364
Failure to hold 1.3365 points back toward the 1.3351 breakout base of the NY leg
M15 close above the 1.3378 Asian high opens the 1.3385 late-NY high, then the 1.3409 session high
04:01 UTC
Post-rally pullback, flat in Asia · RSI 53 · price 1.33745
Tight Asian range below 38.2% retracement of jobs rally.
The jobs rally lifted cable from 1.3328 on Tuesday's UK labour beat to a 1.3409 jobs high in NY hours. Price then pulled back to the 1.3365 NY low, near the 50% fib. Asia has compressed into a 1.3370–1.3378 range between the asian low and asian high, with the range top sitting on the 38.2% retracement; RSI(14) is flat near 53 and ATR is about 3.4 pips ahead of UK CPI.
Support: 1.3370, 1.3365
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT (f/c 3.4% y/y, core 2.7%) is the event set to break the Asian range and reset this read
M15 close above the 1.3378 asian high and the 1.3385 late ny high reopens the path toward the 1.3409 jobs high
Failure to hold the 1.3370 asian low exposes the 1.3365 ny low and the 61.8% jobs rally fib near 1.3359
03:46 UTC
Flat after a jobs-driven rally and partial pullback · RSI 52 · price 1.33743
Tight Asian range 1.3370–1.3378, capped at the 38.2% fib.
Late Asia has compressed into an 8-pip range, with the Asian high at 1.3378 sitting on the 38.2% fib of the jobs rally. That rally ran from 1.3328 to the 1.3409 session high; the NY low at 1.3365 marks the deepest pullback. Price is mid-range at 1.3374, RSI(14) neutral near 52 and ATR(14) about 3 pips, so there is no setup in play ahead of UK CPI.
Support: 1.3370, 1.3365
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT, before London open, is the main catalyst. The digest frames a 3.5%+ print as GBP-supportive and 3.3% or below as a risk of unwinding the jobs rally.
An M15 close above the 1.3378 asian high clears the 38.2% fib and puts the 1.3385 late ny high and the 1.3409 session high back in view.
A break below the 1.3370 asian low opens a retest of the 1.3365 ny low near the 50% fib; failure there exposes the 61.8% fib at 1.3359.
US-Iran headlines driving the USD side could break the Asian range before CPI.
03:31 UTC
Flat, consolidating below the session high · RSI 49 · price 1.33739
Tight Asian range 1.3370–1.3378 near the 50% retrace of the jobs-driven leg.
The UK jobs beat at London open lifted cable off 1.3328. Softer USD then carried it to a 1.3409 session high in NY, where it met rejection and faded to a 1.3365 swing low near the 61.8% retrace. Asia has compressed into an 8-pip box between the asian low at 1.3370 and the asian high at 1.3378, sitting on the 50% retrace with ATR shrunk to about 3 pips ahead of UK CPI.
Support: 1.3370, 1.3365, 1.3337
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT, about 2.5h away, could materially shift this read and is likely to resolve the Asian range
M15 close below the 1.3370 asian low exposes the 1.3365 swing low and then the 1.3337 london base
M15 close above the 1.3378 asian high and the 1.3385 late ny high reopens the 1.3409 session high
US-Iran headlines remain a two-sided USD swing factor through the session
Tight Asian range 1.3370–1.3378 beneath the 1.3409 NY high, with a lower high at 1.3385.
Tuesday's UK jobs beat and a soft USD carried cable from the 1.3336 London low to a 1.3409 session high in NY. Price then retraced to the 50% fib near 1.3373, and the NY low at 1.3365 sits at the 61.8%. Asia is boxed in an 8-pip range between the 1.3370 Asian low and the 1.3378 Asian high, with RSI near 48 and ATR down to about 3.6 pips ahead of UK CPI.
Support: 1.3370, 1.3365, 1.3336
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT (~3h, f/c 3.4% y/y) could materially shift this read; ATR is likely to expand well beyond the Asian range
Close below the 1.3370 Asian low exposes the 1.3365 NY low and 61.8% fib; failure there opens the 1.3336 London low
Close above the 1.3385 lower high breaks the descending trendline and puts the 1.3409 session high back in play
03:01 UTC
Pullback from NY high, now flat · RSI 50 · price 1.33739
Tight Asian range 1.3370–1.3378 at the 50% retrace of Tuesday's rally.
Tuesday's UK jobs beat and broad USD softness carried cable to a 1.3409 day high in the NY session. Price then faded to a 1.3365 NY low and has compressed into an 8-pip Asian range between the asian low at 1.3370 and the asian high at 1.3378, sitting on the 50% retrace of the rally. ATR(14) has shrunk to about 3 pips ahead of UK CPI.
Support: 1.3370, 1.3365
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT (~3h): a ≤3.3% y/y print puts the 1.3365 ny low and 61.8% retrace in play, while ≥3.5% reopens the 1.3409 day high
A break of the asian low at 1.3370 extends the pullback below the 50% retrace
A close above the asian high at 1.3378 and the 1.3385 swing high returns focus to 1.3409
Tight Asian range 1.3370–1.3378 below lower highs off the 1.3409 session high.
The jobs-beat rally ran from the 1.3336 London low to a 1.3409 session high during NY hours, then pulled back to a 1.3365 swing low near the 61.8% retracement. Since then highs have stepped lower: the late NY high at 1.3385 gave way to an Asian range of 1.3370–1.3378. Price is pinned around the 50% level, sitting just above EMA20 and at EMA50, with ATR compressed near 3 pips ahead of UK CPI.
Support: 1.3370, 1.3365, 1.3336
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 GMT, roughly 3.5h away, could materially shift this read and break the Asian range
A close above the 1.3378 Asian high and the 1.3385 late NY high clears the lower-high trendline back toward the 1.3409 session high
Failure to hold the 1.3370 Asian low and the 1.3365 swing low gives up the 61.8% retracement and exposes the 1.3336 London low
Tight Asian range holding above the 61.8% retrace.
Hot UK jobs data and a softer USD lifted cable from the 1.3337 london low to the 1.3409 prior high in NY. Price then held the 1.3365 ny low near the 61.8% fib. The Asia session has compressed into a 1.3370–1.3381 range (asian low to asian high), with price now pressing the top and ATR(14) near 3 pips.
Support: 1.3370, 1.3365, 1.3337
Resistance: 1.3381, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 UTC (YoY f/c 3.4%, core 2.7%) is the likely catalyst to resolve the Asian range
M15 close above the 1.3385 ny high breaks the Asian range and brings the 1.3409 prior high back into view
Failure to hold the 1.3370 asian low exposes the 1.3365 ny low and 61.8% fib; below that, the 1.3337 london low
02:16 UTC
Flat after NY reversal from 1.3409 · RSI 45 · price 1.33721
Tight Asian range 1.3370–1.3376, lower highs since 1.3409.
Cable rallied from 1.3336 to a 1.3409 session high during NY on the UK jobs beat and broad USD softness. It has since slipped back to the 50% retracement near 1.3373. The Asian range is a compressed 1.3370–1.3376, with ATR near 3 pips, ahead of UK CPI; lower highs off the NY late high at 1.3385 are capping the tape.
Support: 1.3370, 1.3365
Resistance: 1.3376, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 UTC could break the Asian range either way and materially shift this read
Close below the asian low at 1.3370 exposes the swing low at 1.3365, near the 61.8% fib
Close above the asian high at 1.3376 and then the ny late high at 1.3385 breaks the lower-high sequence
Retest of the 1.3409 session high marks the area to watch for rejection or break
Tight Asian range on the 50% retrace, lower highs from 1.3409.
Cable is compressing in a 6-pip Asian range at 1.3370–1.3376. That range sits on the 50% retrace of Tuesday's rally to the 1.3409 day high, which was driven by the UK jobs beat and soft USD. Lower highs since the NY peak cap price at 1.3385, with the 1.3365 NY low (61.8%) below. RSI(14) is near 43 and price is under both EMAs.
Support: 1.3370, 1.3365
Resistance: 1.3376, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 UTC (f/c 3.4% YoY) is likely to break the Asian range and reset this read
Failure to hold the 1.3365 NY low and 61.8% fib extends the pullback from the day high
M15 close above the 1.3385 lower high breaks the lower-highs sequence and reopens 1.3409
US-Iran headlines remain a USD swing factor during Asia session
01:46 UTC
Post-rally pullback, flat in Asia · RSI 47 · price 1.3374
Lower highs from 1.3409 over a 1.3365-1.3370 floor; tight Asian coil.
Cable spiked on the UK jobs beat at 06:00 UTC, then extended to a 1.3409 session high in NY as USD softened on US-Iran deal hopes. It retraced to the 1.3365 ny swing low, near the 61.8% fib, and printed a lower high at 1.3385. Asia is a 6-pip coil between the 1.3370 asian low and the 1.3376 asian high under the descending trendline, with ATR(14) near 3 pips ahead of UK CPI.
Support: 1.3370, 1.3365, 1.3336
Resistance: 1.3376, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 UTC (f/c 3.4% YoY, core 2.7%) could materially shift this read; a soft print would expose the 1.3336 london low
A close below the 1.3370 asian low and the 1.3365 ny swing low breaks the 61.8% fib hold
A close above the 1.3385 lower high breaks the descending trendline and reopens the 1.3400 psych level and the 1.3409 session high
US-Iran deal confirmation or denial is the USD-side swing factor for the range
01:31 UTC
Post-rally pullback, flat in Asia · RSI 46 · price 1.33733
Tight Asian range 1.3370–1.3376 after NY rejection at 1.3409.
The UK jobs beat at 06:00 UTC lifted cable from 1.3330. USD weakness on US-Iran deal reports then extended the move to a session high at 1.3409, where it met rejection during NY hours. Price has since faded into a 6-pip Asian range of 1.3370–1.3376, sitting on the 50% retrace of the move from the 1.3336 rally base, with ATR(14) compressed near 3 pips.
Support: 1.3370, 1.3365, 1.3336
Resistance: 1.3376, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 UTC (f/c 3.4% YoY, core 2.7%) could materially shift this read. With a November hike ~95% priced, a soft print carries the larger reaction risk.
An M15 close below the asian low at 1.3370 exposes the ny swing low at 1.3365, near the 61.8% retrace.
A break back above the asian high at 1.3376 and the 1.3385 swing high reopens the 1.3409 session high.
Confirmation or denial of the US-Iran deal report could swing USD and break the Asian range before London open.
Failure of the 61.8% zone puts the 1.3336 rally base back in play.
01:16 UTC
Sideways after pullback from 1.3409 · RSI 41 · price 1.33739
Tight Asian range 1.3371–1.3378 at 50% of the NY rally.
The UK jobs beat at 06:00 UTC and a soft USD lifted cable from the london low at 1.3336 to a session high of 1.3409, but the push above 1.3400 was rejected. Price retraced to the ny low at 1.3365, near the 61.8% fib, and is now compressing in a 7-pip Asian range (asian low 1.3371, asian high 1.3378) at the 50% fib, with ATR(14) shrinking to about 3 pips.
Support: 1.3371, 1.3365, 1.3336
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 UTC (f/c 3.4% YoY, 2.7% core) is likely to break the Asian range; a soft print with a hike near-fully priced carries the larger repricing risk
M15 close below the asian low at 1.3371 exposes the ny low at 1.3365 and the 61.8% fib
A move through the late-ny high at 1.3385 reopens the session high at 1.3409 and the 1.3400 rejection zone
Failure to hold the ny low at 1.3365 puts the london low at 1.3336 back in view, and a full retrace of the NY rally
US-Iran deal confirmation or denial headlines could move USD before CPI
01:01 UTC
Pullback from session high, flat in Asia · RSI 43 · price 1.33748
Lower high at 1.3385 below 1.3409 peak; tight Asian range.
The UK labour-data beat and a soft USD carried cable to a 1.3409 session high in NY. Price was rejected there and fell to the 1.3365 NY low, near the 61.8% fib of the rally, then printed a lower high at 1.3385. Asia is compressing in a 7-pip band between the 1.3371 Asian low and the 1.3378 Asian high, around the 50% retracement, with ATR(14) near 3 pips ahead of UK CPI.
Support: 1.3371, 1.3365, 1.3359
Resistance: 1.3378, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 UTC (f/c 3.4% YoY) in ~5h: a miss vs a near-fully priced BoE hike could materially shift this read
An M15 close below the 1.3371 Asian low exposes the 1.3365 NY low; a break there opens the prior London high at 1.3359
A close above the 1.3385 lower high breaks the lower-highs line and brings the 1.3409 session high back into view
US-Iran deal confirmation or denial headlines could move USD outside the Asian range
Lower highs since 1.3409, tight Asia compression above 50% fib.
The UK jobs beat and USD softness lifted cable from 1.3328 to a 1.3409 day high during NY hours, where it was rejected and faded to the 1.3365 swing low. Price is now compressing in a roughly 5-pip Asian range just above the 1.3370 Asia low and the 50% fib near 1.3369, with RSI(14) neutral and ATR(14) contracting ahead of UK CPI.
Support: 1.3370, 1.3365
Resistance: 1.3385, 1.3409
What it said to watch
A break of the 1.3370 Asia low exposes the 1.3365 swing low and the 61.8% fib near 1.3359
A close above the 1.3385 late-NY high reopens 1.3400 and the 1.3409 day high
UK CPI at 06:00 UTC (f/c 3.4% YoY, 2.7% core) could materially shift this read; with a hike ~95% priced, a miss carries the larger reaction risk
Tight Asian range below 1.3385 lower high, sitting on 50% retrace.
Cable is compressing in a 5-pip Asian range (1.3371–1.3376) after the UK jobs beat and soft USD drove a rally to a 1.3409 day high in NY. Price sits on the 50% retrace of that leg and flat on EMA50 but below EMA20, with RSI(14) near 41 and ATR around 3.7 pips. That is quiet pre-CPI positioning, with the prior London high at 1.3359 further below.
Support: 1.3370, 1.3365, 1.3359
Resistance: 1.3376, 1.3385, 1.3409
What it said to watch
UK CPI at 06:00 UTC (f/c 3.4% YoY, core 2.7%) is the event most likely to resolve the Asian range
Break below the asian low at 1.3370 exposes the ny low at 1.3365, the 61.8% fib, then the london high at 1.3359
Close above the asian high at 1.3376 and the late ny high at 1.3385 reopens the 1.3409 day high
Confirmation or denial of US-Iran deal reports could jolt USD before the CPI print
Tight 1.3370–1.3385 band after rejection below 1.3410.
Cable jumped at the 06:00 UTC London open on the UK jobs beat, then a second NY rally on broad USD softness tagged a 1.3409 day high before rejection just above 1.3400 knocked it back to a 1.3365 swing low. Late NY and the start of Asia have compressed between 1.3370 and the 1.3385 late NY high, with price parked on the 50% retrace of the NY rally and RSI(14) neutral near 42.
Support: 1.3365, 1.3336
Resistance: 1.3385, 1.3409
What it said to watch
Break below the 1.3365 swing low (61.8% of the NY rally) exposes the 1.3336 london low
M15 close above the 1.3385 late ny high reopens the 1.3409 day high and 1.3400 psych
UK CPI at 06:00 UTC (f/c 3.4% YoY, 2.7% core) could materially shift this read; a miss carries more downside risk given hike pricing