GBP/USD AI Live Scan, 15-minute chart, Thursday, 23 July 2026
Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:47 UTC
Downtrend, consolidating at lows · RSI 44 · price 1.33144
Lower highs into a tight base above 1.3300.
NY session drove a sustained slide from ~1.3393 to a 1.32985 low, extending cable's post-CPI, fiscal-driven leg lower. Price has since gone quiet in a tight 1.3310-1.3320 base through Asian hours, RSI(14) flat near 44 with ATR compressed to ~7 pips.
Support: 1.3300, 1.32985
Resistance: 1.3320, 1.33254, 1.3340
What it said to watch
M15 close below 1.3300 opens the session low at 1.32985
Reclaim of 1.33254 swing high needed to break the lower-high sequence
UK Retail Sales 06:00 UTC then flash PMIs could break this base
Cable sold off through the NY session from 1.3393 to a 1.3299 session low as GBP stayed heavy sub-1.3400 on UK fiscal worries and a firm USD. Asia hours have been a tight, low-volume grind around 1.3314, holding below the 1.3324 asia high; nothing structural in play into the London handover.
Support: 1.32985, 1.33061
Resistance: 1.3324, 1.3340
What it said to watch
Break below 1.32985 session low extends the downtrend toward the 1.3300 area
M15 close back above 1.3324 asia high neutralises the near-term downside
UK Retail Sales 06:00 UTC and flash PMIs 08:30 UTC could break this range
23:32 UTC
Downtrend, now flat · RSI 46 · price 1.33151
Sold off then consolidating near lows.
London-NY hours drove GBPUSD down through 1.3300 to a session low at 1.32985 on soft UK CPI and fiscal worries, then price recovered to 1.3315. Post-NY-close it has flatlined around 1.3314-1.3316 on thin Asia-hours volume, RSI(14) neutral near 46; ATR compressed to ~5 pips.
Support: 1.32985, 1.3300
Resistance: 1.33235, 1.3340
What it said to watch
UK Retail Sales 06:00 UTC and flash PMIs 08:30 UTC could break this consolidation
M15 close below 1.32985 reopens the downside toward 1.3300
Reclaim of 1.33235 needed to challenge the 1.3340 daily pivot
23:31 UTC
Downtrend, now flat · RSI 46 · price 1.33151
Sold off then consolidating tight.
London-NY hours drove GBPUSD from 1.3393 down through 1.3300 on Sterling weakness after soft UK CPI and fiscal worries. Asia session is dead flat on thin volume, consolidating 1.3313-1.3320 just under EMA20; RSI(14) neutral near 46.
GBPUSD sold off through the London-NY session from ~1.3393 to a session low at 1.32985, extending the sub-1.3400 weakness tied to soft UK CPI and fiscal worries. Price has since stabilised into thin Asian trade, chopping 1.3310-1.3325 with RSI(14) recovering to ~44. The bounce stalled below 1.3325 and price sits back near session lows.
Support: 1.3300, 1.32985
Resistance: 1.3325, 1.3340
What it said to watch
M15 close below 1.3300/session low resumes the downtrend toward the 1.3300 area
Reclaim of 1.3340 daily pivot would neutralise the intraday selloff
UK Retail Sales (06:00 UTC) and flash PMIs (08:30 UTC) could materially shift this read
23:17 UTC
Downtrend, momentum flat · RSI 44 · price 1.3314
Sold to session low, now consolidating.
GBPUSD ground lower through the NY session to a session low near 1.3300 as Sterling stayed heavy sub-1.3400 on fiscal worries, then bounced to 1.3325 and stalled. Price is now consolidating around 1.3315 in thin late-Asia hours, RSI(14) neutral near 44 with volume drained.
Support: 1.3300
Resistance: 1.3325, 1.3340
What it said to watch
M15 close above 1.3325 breaks the chain of lower highs
Loss of 1.3300 exposes the 1.3300 psych floor
UK Retail Sales at 06:00 UTC could reset this range
Consolidation near session lows after impulsive sell-off.
London-NY hours drove GBPUSD from 1.3393 down to a 1.32985 session low, GBP staying heavy sub-1.3400 on softer UK CPI and fiscal worries. Price has since coiled in a tight 1.3313-1.3325 band through the Asia session, RSI(14) recovering off oversold to mid-40s with volume thin into the close.
Support: 1.32985, 1.33061
Resistance: 1.33254, 1.3340
What it said to watch
M15 close below 1.32985 resumes the downleg toward 1.3300
Reclaim of 1.33254 needed to challenge the 1.3400 area
UK Retail Sales Fri 06:00 GMT could break this consolidation
23:01 UTC
Downtrend, now consolidating · RSI 48 · price 1.33159
Range after impulsive selloff.
NY session drove GBPUSD from 1.3393 down to a 1.3299 session low on GBP fiscal-worry heaviness, before a bounce stalled at 1.3325. Price is now coiled around 1.3315 in thin Asia trade, RSI(14) back to neutral after the washout.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3340
What it said to watch
Break below 1.32985 reopens the 1.3300 round level and lower
Reclaim of 1.3325 swing high needed to challenge the 1.3340 area
UK Retail Sales 06:00 GMT Fri could break this consolidation
22:47 UTC
Downtrend, now flat · RSI 44 · price 1.33142
Consolidation below 1.3320 after intraday slide.
GBPUSD slid through the London-NY session from ~1.3393 to a session low of 1.32985, in line with a heavy Sterling tone sub-1.3400 after softer UK CPI. Price is now pinned in a tight 1.3310-1.3320 band into thin late-session trade, RSI(14) idling mid-40s.
Support: 1.3300, 1.32985
Resistance: 1.3320, 1.3335
What it said to watch
M15 close above 1.3320 breaks the consolidation and reopens the 1.3335 pivot
Failure to hold 1.3300 exposes the 1.32985 session low
GBPUSD sold off through the London-NY session from 1.3393 to a session low at 1.3299, then based and drifted back to 1.3314. Price is now consolidating in a thin Asian range under the 1.3320 swing high, with softer UK CPI and fiscal worries keeping Sterling heavy; RSI(14) has recovered off oversold to mid-40s.
Support: 1.33061, 1.32985
Resistance: 1.3320, 1.33254, 1.3340
What it said to watch
Reclaim of 1.3320 swing high opens a push toward 1.3340 psych
Break below 1.3299 session low resumes the down-leg
UK Retail Sales 06:00 GMT and US flash PMIs 13:45 UTC could shift this read
GBPUSD sold off through the NY session from 1.3393 to a session low at 1.32985, GBP kept heavy sub-1.3400 on soft CPI and UK fiscal worries. Price has since consolidated in thin Asia hours between roughly 1.3310 and the 1.33254 bounce high, now drifting toward 1.3313 below both EMAs.
Support: 1.32985, 1.33061
Resistance: 1.33254, 1.3340
What it said to watch
Break of 1.32985 session low opens the 1.3300 psych area
Reclaim of 1.33254 bounce high needed to challenge the 1.3340 cap
UK Retail Sales 06:00 GMT and US flash PMIs 13:45 UTC can shift this read
Consolidating near session lows after slide below 1.3340.
GBPUSD sold off through the London-NY hours from 1.3390 to a session low at 1.32985, GBP heavy after the softer UK CPI print and fiscal worries. Price has since flatlined between 1.3310 and 1.3325 into the quiet Asia session, RSI mid-range and volume thinning; the bounce high at 1.33254 caps the recovery.
Support: 1.32985, 1.33061
Resistance: 1.3320, 1.33254, 1.3340
What it said to watch
M15 close above 1.33254 negates the consolidation-at-lows read
Failure to hold 1.33061 reopens the 1.32985 session low
UK Retail Sales 06:00 GMT Fri could materially shift this read
22:17 UTC
Downtrend, basing at lows · RSI 44 · price 1.33142
Sold off then consolidating 1.3310–1.3320.
London-NY hours drove a steady slide from 1.3393 into a 1.32985 session low, and price has since gone flat, coiling 1.3310–1.3320 through the low-liquidity Asia hours. RSI(14) sits mid-40s with no divergence; the range top at 1.3320 is capping and the session low remains the pivot.
Support: 1.32985, 1.33027
Resistance: 1.3320, 1.3328, 1.3340
What it said to watch
M15 close above 1.3320 range top would break the consolidation higher
Break below 1.32985 session low opens the path toward 1.3300
UK Retail Sales Fri 06:00 GMT could materially shift this read
London-NY hours drove GBPUSD from 1.3393 down to 1.32985 with GBP heavy sub-1.3400 on soft CPI and fiscal worries. Price has since stabilised into a thin Asia-session range around 1.3310-1.3320, RSI(14) mid-40s and volume drying up; both EMAs cap overhead.
Support: 1.3310, 1.32985
Resistance: 1.3324, 1.3340
What it said to watch
Reclaim of 1.3324 swing high would break the consolidation and open 1.3340
Loss of 1.3298 swing low resumes the downtrend
UK Retail Sales 06:00 GMT could shift this read on the next session
22:02 UTC
Downtrend, momentum flat · RSI 43 · price 1.33153
Lower highs into low-volume consolidation near session lows.
GBPUSD sold off through the London-NY session from 1.3393 to a 1.32985 low, extending the broader sub-1.3400 weakness; softer UK CPI and fiscal concerns keep Sterling heavy. Price has since gone flat in a thin Asia range around 1.3310-1.3320, RSI(14) recovering to the mid-40s with ATR compressed to ~6 pips.
Support: 1.32985, 1.3300
Resistance: 1.3320, 1.3340, 1.33931
What it said to watch
Break below 1.32985 session low exposes the 1.3300 psych level
Reclaim of 1.3320 range top needed to ease downside pressure
UK Retail Sales 06:00 GMT and US flash PMIs 13:45 UTC could shift this read
London-NY hours drove a sharp leg down from 1.3390 to a session low of 1.32985, with GBP heavy sub-1.3400 after Wednesday's soft CPI and fiscal concerns. Price has since based in a tight 1.3310-1.3325 range into Asia, holding above the twice-tested 1.3300 area; RSI(14) recovered off oversold to the mid-40s.
Support: 1.32985, 1.33061
Resistance: 1.33254, 1.3340
What it said to watch
M15 close below 1.32985 confirms a lower low and reopens 1.3300 zone
Reclaim of 1.33254 range top needed to challenge 1.3340
UK Retail Sales 06:00 GMT Fri could break this range
NY session drove GBPUSD from the 1.3390 area down to a session low of 1.3298, with RSI cooling as GBP stayed heavy below 1.3400 on soft CPI and fiscal worries. Asia session has since ground into a tight 1.3310–1.3320 range just above the lows, with a brief spike to 1.3303 quickly bought back.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3335
What it said to watch
M15 close below 1.3298 confirms a lower low and opens 1.3280
Reclaim of 1.33254 needed to break the Asian consolidation
UK Retail Sales 06:00 GMT and flash PMIs Fri could shift this read
21:47 UTC
Downtrend, stalling into Asia · RSI 44 · price 1.33148
Lower highs / lower lows, now consolidating near session low.
GBPUSD sold off through the NY session from 1.3390 to a session low at 1.32985 as GBP fiscal worries and a firm USD weighed, then went flat in a 1.3313–1.3320 band into thin Asian hours. RSI(14) sits mid-40s with no reversal signal; price is pinned near the lower edge of the consolidation below EMA20/50.
Support: 1.32985, 1.33061
Resistance: 1.3320, 1.33254, 1.33356
What it said to watch
M15 close below 1.32985 extends the lower-low sequence toward 1.3300
Reclaim of 1.33200 range top needed to ease downside pressure
UK Retail Sales Fri 06:00 GMT then flash PMIs — could break this consolidation
Lower highs, consolidating after session-low sweep.
GBPUSD stayed heavy below 1.3400 through NY, sliding from the 1.3393 high to a session low at 1.32985 as fiscal worries capped every bounce. Price has since coiled around 1.3315 on thinning late-session volume, RSI(14) recovering off the lows to mid-40s but still below both EMAs.
Support: 1.32985, 1.33057
Resistance: 1.3320, 1.33254
What it said to watch
M15 close below 1.32985 extends the lower-low sequence toward 1.3300
Reclaim of 1.33254 needed to challenge the descending resistance
UK Retail Sales 06:00 GMT and flash PMIs later Friday could reset this range
London-NY sold GBPUSD from 1.3390 to a session low of 1.32985 as fiscal worries capped bounces, and price now consolidates in a tight 1.3310-1.3324 band into thin Asian hours. RSI(14) sits mid-40s with volume drained to single digits on the final bars — no fresh direction into the session close.
Support: 1.32985, 1.3300
Resistance: 1.3324, 1.3340
What it said to watch
Close below 1.32985 exposes the 1.3300 round level
Reclaim of 1.3324 range top would ease the downside pressure
UK Retail Sales Fri 06:00 GMT could break this consolidation
Lower highs and lower lows, drifting after session-low print.
GBP slid through the London-NY session, breaking below 1.3340 and 1.3300 to a session low at 1.32985 as soft UK CPI and fiscal worries kept sterling heavy. Price then consolidated 1.3313-1.3323 into the NY close and is now drifting lower on thin late-session volume, last bar dipping to 1.33027.
Support: 1.32985, 1.3300
Resistance: 1.33235, 1.3340
What it said to watch
Sustained break below 1.32985 session low opens the next leg down
M15 close back above 1.33235 range top would ease downside pressure
UK Retail Sales 06:00 GMT and flash PMIs Friday could reset this read
GBPUSD stayed heavy through the session, sliding from 1.3393 to a low at 1.32985 as soft UK CPI and fiscal worries kept sterling offered below 1.3400. Price consolidated 1.3310-1.3320 into the Asia open, then the latest bar broke lower toward 1.3300 on thin volume, RSI(14) around 37.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3320, 1.33435
What it said to watch
Break below 1.32985 exposes the 1.3300 psych level and opens further downside
Reclaim of 1.33200 range top would neutralise the fresh break lower
UK Retail Sales 06:00 GMT and flash PMIs later Friday could shift this read
GBPUSD sold off through the NY session to a low of 1.3298 on GBP fiscal worries and soft CPI, then stalled into a tight 1.3313–1.3319 range through the Asia handover. RSI(14) sitting near 43 with the bounce off the low failing to reclaim 1.3325; price drifting back toward the base.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3340
What it said to watch
Break below 1.3298 exposes the 1.3300 psych area and extends the lower-low sequence
Reclaim of 1.3325 bounce high needed to relieve downside pressure
UK Retail Sales (Fri 06:00 GMT) then flash PMIs could reset this range
GBPUSD extended its slide below 1.3400 through the NY session — soft UK CPI and fiscal headlines keeping cable heavy — printing a session low at 1.3299 before a shallow bounce. Price is now pinned in a tight 1.3312–1.3320 consolidation into the late session on fading volume, RSI recovered off oversold but flat below the mid.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3340
What it said to watch
Reclaim of 1.33254 swing high needed to ease the downside pressure
Loss of the 1.32985 session low reopens the 1.3300 area and below
UK Retail Sales Fri 06:00 GMT then flash PMIs 08:30 GMT could break the range
GBP slid through the NY session, breaking 1.3300 to a session low at 1.32985 on soft CPI and UK fiscal worries. Price has since gone quiet in a 1.3312–1.3325 band with volume drying up into the Asia handover; RSI(14) flat near 44.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3340
What it said to watch
Break below 1.32985 resumes the slide toward 1.3300 psych and lower
Reclaim of 1.33254 needed to challenge the 1.3340 key level
UK Retail Sales at 06:00 GMT and flash PMIs could break this consolidation
GBPUSD slid through the London-NY session from 1.3393 to a low of 1.32985, GBP staying heavy below 1.3400 on soft CPI and fiscal worries. Late-session trade has coiled into a tight 1.3311-1.3320 range on thinning volume, RSI(14) mid-40s after the sell-off.
Support: 1.33112, 1.32985, 1.3300
Resistance: 1.33254, 1.33446
What it said to watch
M15 close below 1.32985 exposes the 1.3300 psych level
Reclaim of 1.33254 would break the late-session consolidation higher
UK Retail Sales 06:00 GMT and flash PMIs could reprice this range
GBPUSD slid through the NY session, printing a session low at 1.32985 before basing. Price now consolidating 1.3311-1.3325 with RSI(14) recovered off oversold to ~44; sellers still capping near 1.3325 while below the 1.3340 handle.
Support: 1.32985, 1.33112
Resistance: 1.33254, 1.3340
What it said to watch
M15 close below 1.32985 confirms a lower-low and reopens 1.3300
Close above 1.33254 range top would target the 1.3340 round number
UK Retail Sales 06:00 GMT / flash PMIs 08:30 GMT Fri could shift this read
GBPUSD sold off through the London-NY session on renewed UK fiscal worries, sweeping to a 1.32985 session low before basing. Late-NY trade is now coiling tightly between 1.3312 and the 1.33254 swing high, RSI(14) recovering off oversold but price still capped below EMA20.
Support: 1.33057, 1.32985
Resistance: 1.33254, 1.3340
What it said to watch
Break below 1.32985 session low opens the 1.3300 psych area
M15 close above 1.33254 swing high breaks the consolidation
UK Retail Sales 06:00 GMT and flash PMIs Fri could reset this read
NY session drove GBPUSD down from ~1.3390 to a session low at 1.3300 as GBP stayed heavy below 1.3400 on fiscal worries. Price is now consolidating tight around 1.3315 into the Asia handover, RSI(14) mid-range near 44 with no momentum extreme.
Support: 1.3300, 1.3327
Resistance: 1.3325, 1.3340, 1.3356
What it said to watch
Break below 1.3300 session low resumes the downtrend
Close back above 1.3325 bounce high eases downside pressure
UK Retail Sales Fri 06:00 GMT could shift this read
GBPUSD extended its slide through the NY session, sweeping below 1.3300 to 1.32985 before recovering; GBP stayed heavy after the soft CPI print and fiscal worries capped bounces. Price is now coiling in a tight 1.3310–1.3325 range late in the session, RSI(14) hovering mid-40s.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3340
What it said to watch
M15 close above 1.33254 range top would ease the downside pressure
Break below 1.33000 reopens the 1.32985 session low
UK Retail Sales 06:00 GMT Friday could shift this read
GBPUSD extended its slide through NY, breaking the 1.3400 handle and printing a session low at 1.32985 before basing in a tight 1.3312–1.3325 range. Move fits the broader GBP-heavy tone after soft CPI and fiscal worries; RSI(14) has recovered off oversold to ~44 as the drop cools.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3340, 1.33908
What it said to watch
Loss of 1.32985 opens the 1.3300 round level
Reclaim of 1.33254 swing high needed to challenge the 1.3340 break zone
UK Retail Sales 06:00 GMT / flash PMIs Fri could break the base
20:02 UTC
Downtrend, consolidating at lows · RSI 42 · price 1.33181
Lower highs, lower lows; now ranging above 1.3300.
GBPUSD slid through the NY session, breaking 1.3320 support to print a session low at 1.32985 as sterling stayed heavy below 1.3400 on fiscal worries. Price is now consolidating in a tight 1.3313-1.3325 band, RSI(14) lifting off oversold; the 1.33254 range top is capping.
Support: 1.32985, 1.33061
Resistance: 1.33254, 1.3340
What it said to watch
M15 close below 1.32985 session low reopens the downtrend toward 1.3300
Reclaim of 1.33254 range top would ease near-term downside pressure
UK Retail Sales 06:00 GMT and flash PMIs Fri could reshape this read
GBPUSD slid through the NY session from 1.3393 to a session low at 1.3299 as GBP stayed heavy below 1.3400. Price bounced to 1.3325 and has since drifted back, consolidating in a tight 1.3313-1.3320 band with RSI(14) near 43.
Support: 1.32985, 1.33061, 1.3300
Resistance: 1.33254, 1.3340
What it said to watch
Close below 1.32985 session low resumes the lower-low sequence toward 1.3300
Reclaim of 1.33254 bounce high needed to challenge the descending highs
UK Retail Sales Fri 06:00 GMT could break this consolidation
NY session drove GBP lower toward 1.3300 on renewed UK fiscal worries and the soft CPI backdrop, printing a session low at 1.32985 before a shallow bounce. Price now consolidates around 1.3316, capped by the 1.33254 swing high, RSI(14) recovering off the lows into the mid-40s.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3339
What it said to watch
M15 close below 1.32985 exposes the 1.3300 psych round number
Reclaim of 1.33254 swing high would neutralise the intraday downtrend
UK Retail Sales 06:00 GMT then flash PMIs could reset this range
NY session drove GBPUSD from 1.3390 down to a session low of 1.32985 on GBP fiscal/soft-CPI weakness, before a bounce to 1.3325 stalled. Price now consolidating 1.3313–1.3320, holding above the 1.3300 psych level with RSI recovering from the lows.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3340
What it said to watch
M15 close below 1.32985 opens the 1.3300 psych break lower
Reclaim of 1.33254 bounce high needed to ease downside pressure
UK Retail Sales Fri 06:00 GMT could reignite the GBP slide
Consolidating near session lows after impulsive leg down.
GBPUSD broke below 1.3340 during the London-NY session and sold off to 1.32985, extending the 5-day GBP slide on soft CPI and fiscal worries. Price is now consolidating in a tight 1.3310-1.3325 band into the NY close, RSI(14) lifting off oversold near 43.
Support: 1.32985, 1.33061
Resistance: 1.33254, 1.3340, 1.33446
What it said to watch
M15 close below 1.32985 opens 1.3300 and extends the lower-low sequence
Reclaim of 1.33254 would challenge the descending resistance and pause the decline
UK Retail Sales / flash PMIs Fri could materially shift this read
Lower highs and lower lows, now consolidating above session low.
NY session pressed GBPUSD from 1.3393 down to a session low at 1.32985 as sterling stayed heavy below 1.3400 on fiscal worries. The bounce to the 1.33254 bounce high faded and price is drifting near the psych 1.3300 zone; RSI in the mid-40s, no extreme in play.
Support: 1.3300, 1.32985
Resistance: 1.33254, 1.3340
What it said to watch
M15 close below 1.32985 opens the 1.3300 psych break lower
Reclaim of the 1.3340 cap needed to ease downside momentum
UK Retail Sales/PMIs Fri 06:00 GMT could shift this read
NY session drove GBPUSD from 1.3389 down to a session low at 1.32985 as sterling stayed heavy below 1.3400 on UK fiscal worries. Price is now consolidating 1.3310-1.3325 with ATR(14) cooling to ~6 pips; RSI recovering off the sell-off lows, no fresh direction into the close.
Support: 1.3300, 1.32985
Resistance: 1.33254, 1.3340
What it said to watch
M15 close below 1.32985 session low exposes the 1.3300 round number then lower
Reclaim of 1.33254 swing high needed to challenge the 1.3340 prior cap
UK Retail Sales / flash PMIs Fri could break this consolidation
GBPUSD slid through the NY session from 1.3390 to a 1.3299 session low as fiscal worries and soft UK CPI kept sterling heavy below 1.3400. Price is now consolidating 1.3313-1.3325 into the late session, RSI(14) recovering off oversold.
Support: 1.3313, 1.3299, 1.3300
Resistance: 1.3325, 1.3340
What it said to watch
Loss of 1.3313 consol base reopens the 1.3299 session low and 1.3300 psych
A push back above 1.3325 range top eases the intraday downside
UK Retail Sales/PMIs Fri could materially shift this read
NY session extended the GBP slide below 1.3400, printing a session low at 1.3299 before stabilising in a tight 1.3300–1.3325 band; the leg lower ties to soft UK CPI and Burnham fiscal worries. RSI(14) has recovered off oversold as the last ~10 bars flatten, but price holds below EMA20 and EMA50.
Support: 1.3300, 1.32985
Resistance: 1.3325, 1.3340
What it said to watch
M15 close above 1.3325 would break the intraday sequence of lower highs
Failure to hold 1.3300 exposes fresh lows below 1.3299
UK Retail Sales 06:00 GMT and flash PMIs 08:30 GMT Friday could reset this range
NY session drove a clean selloff from 1.3393 to a 1.32985 session low, GBP heavy on the cooler UK CPI and fiscal noise. Price is now consolidating 1.3313–1.3325 just above the low, RSI(14) recovering from oversold into the mid-40s.
Support: 1.32985, 1.33061
Resistance: 1.33254, 1.33363
What it said to watch
M15 close below 1.32985 session low extends the downtrend toward 1.3300 psych
Reclaim of 1.33254 bounce high breaks the consolidation and eases the slide
UK Retail Sales Fri 06:00 UTC could reprice this range
Lower highs and lower lows, now consolidating above session low.
GBPUSD sold off through the NY session, sliced 1.3340 and printed a session low at 1.32985 as the cooler UK CPI keeps sterling pinned in the 1.3350-1.3400 zone. Price is now consolidating in a tight 1.3313-1.3325 band into late NY hours, RSI(14) recovering off the lows but still sub-50.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3340
What it said to watch
M15 close below 1.32985 opens the 1.3300 round number
Reclaim of 1.33254 lower high would ease the intraday downside pressure
UK Retail Sales Fri 06:00 UTC could reset this range
NY session drove GBP down from 1.3393 to a 1.32985 swing low, extending the post-CPI slide as USD held its safe-haven bid. Price is now consolidating 1.3306-1.3325 into late NY with RSI(14) recovering off oversold; the session high at 1.33254 caps the bounce.
Support: 1.32985, 1.33057
Resistance: 1.33254, 1.33446
What it said to watch
Reclaim above 1.33254 session high needed to challenge the 1.33446 swing high
Break below 1.32985 swing low resumes the downtrend
UK Retail Sales / PMIs Fri could materially shift this read
Lower highs and lows, now consolidating above session low.
GBPUSD sold off through the NY session from 1.3393 to a 1.3299 session low as cooler UK CPI and fiscal risk kept sterling capped below the 50-day EMA. Price has since carved a tight consolidation between 1.3313 and the 1.3325 swing high, RSI(14) recovering off oversold but price still below EMA20/50.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3334
What it said to watch
A push above 1.33254 swing high would break the consolidation and test 1.3340
Loss of 1.32985 session low extends the downtrend toward 1.3300 psych
UK Retail Sales Fri 06:00 UTC could materially reset this read
18:17 UTC
Downtrend, bounce fading · RSI 44 · price 1.33156
Lower highs and lower lows since London-NY transition.
NY session ground GBPUSD lower to a session low of 1.32985, extending the CPI-driven sterling slide with net-longs unwinding. A bounce to 1.33254 was rejected and price is now grinding back toward the lows near 1.3313; RSI(14) in the mid-40s, still below EMA20 and EMA50.
Support: 1.3313, 1.32985
Resistance: 1.33254, 1.3340
What it said to watch
M15 close below 1.32985 extends the slide to fresh session lows
Reclaim of 1.33254 would ease the downside pressure
UK Retail Sales Fri 06:00 UTC could materially shift this read
GBPUSD sold off through the NY session, GBP heavy after this week's cooler CPI, printing a session low at 1.3298 before a bounce to 1.3325 faded. Price now drifts back toward 1.3306 below EMA20/50, RSI(14) mid-40s with no clean setup in play.
Support: 1.3298, 1.3306
Resistance: 1.3325, 1.3346
What it said to watch
Loss of 1.3298 confirms continuation lower toward 1.3300 psych
M15 close back above 1.3325 swing high stalls the lower-high sequence
NY session drove a steep slide from 1.3393 to a session low at 1.32985, with buyers stepping in for a bounce to 1.33254 before price faded back toward the lows. Move followed the broader GBP unwind after cooler UK CPI; the 1.33254 bounce high has capped and price is grinding sub-1.3320 into the late NY hours.
Support: 1.32985, 1.33061
Resistance: 1.33254, 1.3340
What it said to watch
M15 close below 1.32985 extends the lower-low sequence toward 1.3300
Reclaim of 1.33254 bounce high would stall the decline
UK Retail Sales Fri 06:00 UTC could reset this read
Lower highs, lower lows into a shallow consolidation.
GBPUSD sold off through the London-NY session, extending the five-day slide after cooler UK CPI, printing a session low at 1.32985 before a shallow bounce to 1.33254. NY afternoon has faded that bounce back toward 1.3314, RSI(14) around 42 and price capped below the 1.33390 breakdown level.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3339
What it said to watch
M15 close below 1.32985 opens the 1.3300 psych area
Reclaim of 1.33254 swing high needed to challenge the 1.33390 breakdown level
Fiscal headlines around PM Burnham could reprice GBP into the next sessions
Lower highs and lower lows, bounce off session low.
NY session drove GBP from 1.3390 down to a session low of 1.32985 as the softer-CPI, fiscal-risk unwind extended sterling's slide. Price is now consolidating 1.3300-1.3325 after bouncing off that low, RSI(14) recovering from oversold but still sub-50 with price under EMA20/50.
Support: 1.32985, 1.33061, 1.3300
Resistance: 1.33254, 1.3340
What it said to watch
Reclaim of 1.33254 swing high would break the lower-high sequence
Loss of 1.32985 session low opens the 1.3300 psych zone toward the daily 1.3340 level
UK Retail Sales Fri 06:00 UTC and PMIs could reset this range
Lower highs into session low, corrective bounce fading.
GBPUSD extended its slide through the NY session, printing a session low at 1.32985 after cooler UK CPI kept sterling heavy. The corrective bounce to 1.33254 has faded and price is drifting back toward the low, holding below EMA20 and EMA50.
Support: 1.32985, 1.33057, 1.3300
Resistance: 1.33254, 1.3344
What it said to watch
M15 close above 1.33254 breaks the lower-high chain and challenges the downtrend read
Break below 1.32985 opens the 1.3300 area flagged by the desk
UK Retail Sales Fri 06:00 UTC could reset this intraday structure
17:32 UTC
Downtrend, bounce off lows · RSI 44 · price 1.33191
NY session sold GBPUSD from 1.3393 to a 1.32985 session low, pressured by a strong US jobless claims print (187K) and lingering UK fiscal worries. Buyers stepped in near 1.3300; price is bouncing but stalled at 1.33254 and now sits back at 1.33191, below EMA20/50.
Support: 1.32985, 1.33057, 1.3300
Resistance: 1.33254, 1.3340, 1.33446
What it said to watch
M15 close above 1.33254 opens the path to 1.3340
Break below 1.32985 exposes the 1.3300 round number
GfK Consumer Confidence 23:01 UTC could shift the read
Cable sold off through the NY session from 1.3393 to a 1.3299 session low, GBP heavy after the soft June CPI and a firm US jobless claims print. Price has bounced to 1.3325 and is now consolidating around 1.3319, still below EMA20/50 with RSI recovering from oversold.
Support: 1.32985, 1.3300
Resistance: 1.33254, 1.3340
What it said to watch
Loss of 1.32985 session low extends the lower-low sequence toward 1.3300 psych
Reclaim of 1.33254 swing high challenges the downtrend structure
UK Retail Sales and flash PMIs Friday could materially shift this read
NY session drove cable down from 1.3393 to a 1.32985 session low, GBP heavy after the cooler UK CPI print. Price is now consolidating in a 1.3300–1.3325 band with RSI recovering from oversold; the bounce high at 1.33254 caps for now.
Support: 1.32985, 1.33057
Resistance: 1.33254, 1.3340
What it said to watch
M15 close above 1.33254 bounce high opens the 1.3340 round number
Failure to hold 1.32985 session low exposes 1.3300
GfK Consumer Confidence at 23:01 UTC could shift the read
Lower highs, lower lows; bouncing off session low.
Cable sold off through the NY session, breaking 1.3340 and printing a session low at 1.32985 as GBP stayed heavy after cooler UK CPI. Price has since bounced to 1.33200 with RSI(14) lifting off oversold; the 1.33254 bounce high caps the recovery so far.
Support: 1.32985, 1.33057
Resistance: 1.33254, 1.3344
What it said to watch
M15 close above 1.33254 extends the bounce toward 1.33440
Loss of 1.32985 session low resumes the down-leg
UK Retail Sales Fri 06:00 UTC and flash PMIs could reset this read
17:02 UTC
Downtrend, bouncing off lows · RSI 43 · price 1.33226
Lower highs and lower lows, oversold bounce.
NY session sold GBPUSD hard through the 1.3340 shelf on the post-soft-CPI GBP unwind, printing a session low at 1.3298. Price is bouncing to 1.3323 with RSI recovering off oversold; the descending sequence of lower highs remains intact.
Support: 1.3298, 1.3306
Resistance: 1.3325, 1.3340
What it said to watch
Reclaim of 1.3340 prior break would neutralise the downside range break
Failure to hold 1.3298 session low opens further downside
GfK Consumer Confidence 23:01 UTC and Fri UK Retail Sales could reset this read
Lower highs and lower lows, bouncing off session low.
Cable was sold hard through NY hours, extending five down days as GBP stayed heavy after the cooler June CPI print and fiscal worries; the leg ran from ~1.3393 to a session low of 1.32985. A corrective bounce is underway into 1.33226 with RSI(14) recovering off oversold, but price remains well below EMA20/50.
Support: 1.32985, 1.3300
Resistance: 1.3330, 1.33356
What it said to watch
Reclaim of 1.33300 would ease the downside pressure
Loss of 1.32985 confirms a fresh lower-low toward 1.3300
GfK Consumer Confidence 23:01 UTC as a lead for Friday retail sales
16:47 UTC
Downtrend, bounce off lows · RSI 41 · price 1.33233
Lower highs, lower lows; testing bottom.
Cable sold off sharply through the London-NY session, breaking below 1.3400 and 1.3340 to a session low of 1.32985 as long-GBP unwinds after cooler UK CPI. A modest bounce to 1.33233 is underway with RSI(14) recovering from oversold; the descending sequence of lower highs remains intact.
Support: 1.32985, 1.3300
Resistance: 1.33244, 1.3340
What it said to watch
Reclaim of 1.3340 would neutralise the lower-high sequence
Loss of 1.32985 session low opens 1.3300 and below
Fri UK Retail Sales/PMIs could materially shift this read
16:47 UTC
Downtrend, bouncing off lows · RSI 43 · price 1.33233
Lower highs and lower lows, corrective bounce underway.
NY session drove a sharp GBP selloff, breaking below the 1.3350-1.3400 band as the pound stayed heavy after this week's soft UK CPI; price printed a session low at 1.32985 before a bounce back to 1.33233. RSI(14) recovering off oversold as the corrective leg tests back toward broken support near 1.3340.
Support: 1.32985, 1.33057
Resistance: 1.33362, 1.33446, 1.3340
What it said to watch
M15 close back above 1.33362 would ease the lower-high sequence
Failure to hold 1.32985 confirms fresh lower-low, exposing 1.3300 round area
GfK Consumer Confidence tonight and Friday UK retail sales/PMIs could reshape this read
Lower highs and lower lows, bouncing off session low.
NY session drove cable sharply lower, breaking the 1.3300 psych level to a session low of 1.32985 as GBP stayed heavy after the soft June CPI print. A shallow bounce back to 1.332 is underway with RSI(14) recovering off oversold, but price remains well below EMA20/50.
Support: 1.3300, 1.32985
Resistance: 1.33293, 1.33446
What it said to watch
Reclaim and hold above 1.33000 psych needed to steady the bounce
Break above 1.33293 swing high would ease the downside pressure
New low below 1.32985 confirms continuation of lower-low sequence
GfK Consumer Confidence 23:01 UTC could shift the read into Friday
16:31 UTC
Downtrend, bouncing off lows · RSI 40 · price 1.33202
Lower highs and lower lows, session low tested.
Cable slid steadily through the NY session, breaking the 1.3340 area and printing a session low at 1.3299 as GBP stayed heavy on fiscal-worry selling. RSI(14) is recovering off its lows as price bounces to 1.3320, but structure remains a chain of lower highs and lows.
Support: 1.32985, 1.33061
Resistance: 1.3328, 1.3340, 1.33446
What it said to watch
Reclaim of 1.3340 would break the lower-high sequence
Failure to hold 1.32985 opens fresh lows
GfK Consumer Confidence 23:01 UTC could shift tone into Friday retail sales
NY session drove cable down from ~1.3393 to a session low of 1.32985, extending the GBP-heavy theme after cooler UK CPI, RSI(14) cooling into oversold. A modest bounce lifted price to 1.33193 into the close; the 1.33281 broken-support level caps upside.
Support: 1.32985, 1.33057
Resistance: 1.33281, 1.3340
What it said to watch
Reclaim of 1.33281 needed to challenge the down sequence
Failure to hold 1.32985 confirms fresh lower-low
GfK Consumer Confidence 23:01 UTC could shift the read
Lower highs, lower lows; fresh session low then small bounce.
Cable sold off hard through the London-NY session, GBP heavy after the softer June CPI print and fiscal worries, breaking the 1.3350 range floor to a fresh session low at 1.32985. Price is off the lows at 1.33193 with RSI(14) near 38; the sequence of lower highs and lower lows remains intact.
Support: 1.32985, 1.3300
Resistance: 1.3328, 1.3340
What it said to watch
Failure to hold 1.32985 confirms continuation lower toward 1.3300
M15 close back above 1.33280 needed to relieve the downside pressure
GfK Consumer Confidence tonight 23:01 UTC could shift the session read
Cable broke the 1.3300 psych level during the NY session and extended to a session low of 1.32985, capping five straight bars of accelerating downside as GBP stays heavy after the cooler UK CPI and fiscal worries. RSI(14) near 27 flags short-term oversold but price is holding lows with no reclaim.
Support: 1.32985, 1.3290
Resistance: 1.3320, 1.3328, 1.3340
What it said to watch
Reclaim of 1.3300 psych would ease the downside pressure
A push below 1.32985 session low confirms continuation
UK Retail Sales/PMIs Fri could materially shift this read
Cable sold off steadily through the NY session, breaking below 1.33200 and printing a fresh session low at 1.32985 with GBP heavy after the cooler UK CPI print. RSI(14) near 27 flags short-term oversold but price is still making lower lows; the 1.33000 psych level is barely holding on the last bar.
Support: 1.32985, 1.3300
Resistance: 1.3320, 1.3328
What it said to watch
Reclaim of 1.33200 would break the lower-high chain
Sustained trade below 1.33000 exposes further downside
GfK Consumer Confidence 23:01 UTC could shift the read
15:46 UTC
Downtrend, accelerating · RSI 25 · price 1.3307
Chain of lower highs and lower lows.
Cable sold off hard through the NY session, breaking 1.3340 and extending to fresh lows at 1.32985 with the 1.3300 psych level now under pressure. GBP stayed heavy on the softer CPI print and fiscal worries; RSI(14) near 24 is oversold but consistent with the one-way move.
Support: 1.32985, 1.3300
Resistance: 1.3340, 1.33446
What it said to watch
reclaim of 1.3340 would neutralise the lower-low structure
GfK confidence tonight and Friday UK retail sales/PMIs could reset this read
Cable sold off steadily through the NY session, GBP heavy after the cooler June CPI print, breaking below 1.3340 and printing a fresh session low at 1.32985. Price is now pressing the 1.3300 psych level with RSI(14) around 25, stretched but consistent with the persistent lower-lows chain.
Support: 1.3300, 1.32985
Resistance: 1.33363
What it said to watch
M15 close below 1.3300 opens continuation lower
Reclaim of 1.33363 needed to stall the lower-high sequence
Cable sold off through the NY session, breaking below 1.3340 and 1.3320 to print a fresh session low at 1.3304, near the 1.3300 psych level. GBP stayed heavy after the cooler June CPI print and fiscal-worry selling; RSI(14) is oversold near 27 with the move stretched.
Support: 1.3304, 1.3300
Resistance: 1.3318, 1.3328, 1.3340
What it said to watch
A break below 1.3300 extends the lower-low sequence
Reclaim of 1.3318 would ease the immediate downside pressure
GfK Consumer Confidence at 23:01 UTC could set tone into Friday retail sales
15:31 UTC
Downtrend, accelerating · RSI 25 · price 1.33052
Lower highs and lower lows, fresh session low.
Cable sold off hard through the NY session, printing a fresh low at 1.33040 and pressing the 1.3300 psych level, with RSI(14) near 25 — extended but consistent with GBP unwinding after the cooler UK CPI print. Every rebound stalled into descending swing highs; supply capped at 1.33280 on the last bounce.
Support: 1.3300, 1.3304
Resistance: 1.3328, 1.33426, 1.3340
What it said to watch
M15 close back above 1.33280 would break the lower-high chain
Loss of 1.3300 psych opens further downside
GfK Consumer Confidence 23:01 UTC could shift the intraday read
Cable sold off through the NY session, breaking below 1.3340 and grinding into a 1.3312 session low as GBP stays heavy after the soft June CPI print. Price is pinned under EMA20/50 with RSI(14) near 31 — extended but not yet reversing.
Support: 1.33122, 1.3300
Resistance: 1.3328, 1.3340
What it said to watch
Reclaim of 1.33400 would neutralise the breakdown read
Loss of 1.33122 opens the 1.3300 psych level
UK Retail Sales/PMIs Fri could reset intraday structure
Cable sold off steadily through the NY session from 1.3393, breaking down through 1.3340 and printing a fresh session low at 1.3312 — GBP heavy after this week's cooler CPI and fiscal-worry selling. RSI(14) near 30 flags short-term stretch but momentum stays with sellers; price has since ticked back to 1.3320.
Support: 1.33122, 1.3300
Resistance: 1.3328, 1.3346
What it said to watch
Reclaim above 1.3328 would break the lower-high sequence
Loss of 1.3312 session low exposes the 1.3300 round number
GfK Consumer Confidence tonight 23:01 UTC could shift the read
15:01 UTC
Downtrend, extended · RSI 30 · price 1.33193
Lower highs, lower lows.
NY session accelerated the GBP sell-off, breaking below 1.3340 and printing a fresh low at 1.3312 with RSI(14) near 30. Cable stayed heavy after the cooler UK June CPI, with each bounce capped below 1.3336.
Support: 1.33122, 1.3300, 1.33267
Resistance: 1.33356, 1.33446
What it said to watch
Close below 1.3312 exposes the 1.3300 round number
Reclaim of 1.3336 would stall the lower-low sequence
UK Retail Sales Fri 06:00 UTC could reshape this read
15:01 UTC
Downtrend, accelerating into NY · RSI 31 · price 1.33193
Lower highs and lower lows, fresh session low.
Cable sold off hard through the NY session, breaking below 1.3340 and printing a fresh session low at 1.33122 as long-GBP unwinds on cooler UK CPI and fiscal worries. RSI(14) near 31 — short-term stretched but not extreme — and the descending sequence of lower highs remains intact below 1.33280.
Support: 1.33122, 1.3300
Resistance: 1.3328, 1.33446
What it said to watch
Reclaim of 1.33280 would break the lower-high sequence
Failure to hold 1.33122 exposes the 1.33000 psych level
UK GfK Consumer Confidence tonight 23:01 UTC could shift the read
Chain of lower highs and lower lows, at session lows.
Cable sold off through the London-NY session, breaking the 1.3340 pivot and printing fresh session lows at 1.33172 as the post-CPI GBP slide extended. RSI(14) near 26 flags a stretched move but no bounce yet; ATR ~108 pips shows elevated intraday swings.
Support: 1.33172, 1.3300
Resistance: 1.33356, 1.33446, 1.3340
What it said to watch
M15 close below 1.33000 psych extends the decline
Reclaim of the 1.3340 pivot would ease downside pressure
UK Retail Sales tomorrow 06:00 UTC could materially shift this read
NY session drove a sharp GBPUSD breakdown, extending the five-day slide as GBP stays heavy after Tuesday's soft CPI; price sliced the 1.3340 pivot and printed fresh session lows at 1.33172. RSI(14) near 27 flags a short-term oversold read, but each bounce is being sold and the pair is pinned at the lows.
Support: 1.33172, 1.3300
Resistance: 1.3340
What it said to watch
Close below 1.3300 round number confirms continuation and opens lower
Reclaim of 1.3340 pivot would neutralise the breakdown
UK Retail Sales / flash PMIs Fri could materially shift this read
Cable broke down out of the 1.3370-1.3390 midday range and cascaded to a session low at 1.33216, GBP still heavy after yesterday's soft UK CPI. Price is pinned near the lows into the NY session with RSI(14) around 33, no relief bounce yet.
Support: 1.33216, 1.3300
Resistance: 1.3340, 1.33446
What it said to watch
M15 close below 1.3320 opens the 1.3300 psych level
Reclaim of the 1.3340 pivot would ease the downside pressure
UK Retail Sales tomorrow 06:00 UTC could materially shift this read
NY session sold cable hard, breaking below the 1.3340 pivot and printing a fresh session low at 1.33200, extending the multi-day slide on GBP-negative CPI/fiscal tone. RSI(14) near 32 flags short-term stretch but no reversal yet; final bar stalled into 1.33263.
Support: 1.3320, 1.3300
Resistance: 1.3342
What it said to watch
Break of 1.33200 session low opens the 1.3300 psych area
Reclaim above 1.33420 swing high needed to stall the down leg
UK Retail Sales Fri 06:00 UTC could extend or reverse this decline
14:16 UTC
Downtrend, accelerating · RSI 32 · price 1.33272
Lower highs, lower lows into session low.
NY session sold GBPUSD hard from 1.3392, breaking below the 1.3363 swing and printing a session low at 1.3322 as GBP stays heavy post soft CPI while a firm US jobless claims print underpins the dollar. RSI(14) near 31, short-term stretched but no bounce yet; price pinned below EMA20/EMA50.
Support: 1.33216, 1.3300
Resistance: 1.3340, 1.3363, 1.33931
What it said to watch
Reclaim of 1.3340 pivot needed to stall the lower-low sequence
Break of 1.3322 session low opens the 1.3300 psych level
UK Retail Sales Fri 06:00 UTC could extend or reverse this slide
NY session drove cable through the 1.3340 pivot in a run of heavy bearish candles, printing a fresh session low at 1.33216 with a firm USD after strong US jobless claims (187K). Structure is a clean chain of lower highs and lower lows; RSI(14) near 31 is stretched but not yet at an extreme.
Support: 1.33216, 1.3300
Resistance: 1.3340
What it said to watch
Reclaim of 1.3340 pivot would neutralise the lower-high sequence
Break and hold below 1.33216 opens the 1.3300 round number
UK Retail Sales Fri 06:00 UTC could materially shift this read
Cable slid through the London-NY transition, breaking below the 1.3358 shelf to print a session low at 1.3327, RSI(14) near 33. Selling extended the post-CPI GBP softness; no base established yet with price pinned well under EMA20/50.
Support: 1.33267, 1.3300
Resistance: 1.33446, 1.33585
What it said to watch
Reclaim of 1.3345 needed to ease the downside pressure
Sustained break of 1.3327 opens 1.3300 psych level
Fri UK Retail Sales 06:00 UTC could materially shift this read
NY session drove a clean break below the 1.3340 pivot, extending the multi-day GBP slide after soft UK CPI; price printed a fresh low at 1.33267 before stabilising near 1.3330. RSI(14) sits around 34, hot on the downside but not yet extreme.
Support: 1.33267, 1.3300
Resistance: 1.3340
What it said to watch
Reclaim of 1.3340 would neutralise the breakdown read
Failure to hold 1.33267 opens 1.3300 round number
GfK confidence tonight and Fri UK retail sales could reshape this read
13:47 UTC
Downtrend, accelerating into NY · RSI 33 · price 1.33344
Lower highs, lower lows; broke 1.3340 pivot.
Cable slid through the NY session, breaking the 1.3340 pivot that had boxed the range and printing a low at 1.33267, in line with the GBP-heavy tone after soft UK CPI. RSI(14) near 33 and a shallow bounce to 1.3336 shows sellers still capping; supply capping at 1.33446 on the retrace.
Support: 1.33267, 1.3300
Resistance: 1.33446
What it said to watch
Sustained close below 1.33267 confirms the lower low and opens 1.3300
Reclaim of 1.33446 pivot negates the breakdown, back into the range
UK Retail Sales (Fri 06:00 UTC) and US PMIs (Fri 13:45 UTC) could materially shift this read
NY session drove Cable out the bottom of the 1.3370-1.3390 range, a sharp leg lower to 1.33267 as GBP stays heavy after yesterday's soft UK CPI. Price now holds just above the low near 1.33344 with RSI(14) around 33.
Support: 1.33267, 1.3300
Resistance: 1.3340, 1.33931
What it said to watch
Reclaim above the 1.3340 pivot would neutralise the breakdown
Sustained trade below 1.33267 opens the 1.3300 level
UK Retail Sales 06:00 UTC Fri could materially extend or slow this move
13:31 UTC
Downtrend, extending · RSI 33 · price 1.3336
Lower highs and lower lows, fresh session low.
Sharp NY-session breakdown extended the five-day GBP slide, driving cable below the 1.3340 pivot to a session low of 1.33267 before a shallow bounce to 1.3336. Move follows soft UK CPI and unwinding of summer GBP longs; RSI(14) around 33, not yet stretched.
Support: 1.33267, 1.3300
Resistance: 1.3340
What it said to watch
Reclaim of 1.3340 pivot would neutralise the breakdown read
Loss of 1.33267 opens 1.3300 psych level
UK Retail Sales Fri 06:00 UTC could materially shift this read
13:31 UTC
Downtrend, accelerating late NY · RSI 30 · price 1.3336
Lower highs, lower lows; fresh session low.
Cable broke down through the NY session, slicing the 1.3340 pivot to a session low at 1.3327 as GBP stayed heavy post-soft CPI. RSI(14) near 30 after the drop, with a shallow bounce to 1.3336; price remains below EMA20/50 and capped under the 50-day EMA at ~1.3383.
Support: 1.3327, 1.3300
Resistance: 1.3340, 1.3383
What it said to watch
Reclaim of 1.3340 pivot would neutralise the breakdown
Failure to hold 1.3327 opens the 1.3300 round level
UK Retail Sales Fri 06:00 UTC could materially shift this read
NY session drove cable off 1.339 through session support, breaking down to a fresh low at 1.3327 as a strong US jobless claims beat firmed the dollar into soft UK CPI. RSI(14) is oversold near 23 after the impulsive leg, price sits well below EMA20/50 with 1.3300 the next round number in view.
Support: 1.33267, 1.3300
Resistance: 1.33426, 1.33385, 1.33435
What it said to watch
Loss of 1.3327 opens the 1.3300 round number
Reclaim of 1.33426 swing high would stall the breakdown
Fri UK Retail Sales 06:00 UTC could extend or unwind this move
NY session sold cable through the 1.3340 pivot in a steep, high-volume leg to 1.3327, extending the multi-day slide seeded by yesterday's soft UK CPI. RSI(14) is oversold near 25 and price sits well below EMA20/50 with no sign of a base yet.
Support: 1.33267, 1.3300
Resistance: 1.3340
What it said to watch
Reclaim above 1.3340 pivot would neutralise the breakdown read
Failure to hold 1.3327 opens the 1.3300 round number
UK Retail Sales Fri 06:00 UTC could extend or reverse this move
GBPUSD sold off hard through NY hours, breaking the 1.3360 base to print a fresh session low at 1.33347 as GBP stays heavy after soft June CPI. Price is pinned sub-1.3400 with RSI(14) near 27 and no bounce attempt yet.
Support: 1.33347, 1.3330
Resistance: 1.33465, 1.33533, 1.33588
What it said to watch
A close below the 1.33347 session low opens 1.3300
Reclaim of 1.33533 would neutralise the current lower-low sequence
GfK Consumer Confidence tonight and Fri UK Retail Sales / PMIs could shift this read
NY session broke the 1.3355 base and drove to fresh session lows at 1.33347, extending Sterling's slide after this week's soft UK CPI. RSI(14) near 30 as the move stretches, price pinned at the 1.3340 handle.
Support: 1.33347, 1.3300
Resistance: 1.33555
What it said to watch
M15 close below 1.3340 opens the path toward 1.3300 per UOB
Reclaim of 1.33555 would neutralise the intraday lower-high sequence
UK Retail Sales/flash PMIs Fri could materially shift this read
NY session sold GBPUSD off the 1.33931 high down through session support to 1.33364, extending Sterling's soft-CPI-driven slide. Price is pinned at the lows with RSI(14) near 31; the 1.33555 bounce zone has capped every attempt back up.
Support: 1.33364, 1.3334, 1.3330
Resistance: 1.33555, 1.33931
What it said to watch
M15 close below 1.3340 opens the path to 1.3300
Reclaim of 1.33555 bounce high would ease the downside pressure
UK Retail Sales Fri 06:00 UTC could materially shift this read
12:46 UTC
Downtrend, accelerating · RSI 26 · price 1.33398
Lower highs, lower lows; fresh session low.
GBPUSD sold off through the NY session, breaking the prior 1.3360–1.3390 range and printing a fresh low at 1.33364, extending a soft-CPI-driven decline in Sterling. RSI(14) near 26 shows momentum stretched to the downside but not yet extreme; price sits pinned on the session low into the close.
Support: 1.33364, 1.3334, 1.3330
Resistance: 1.33465, 1.33555, 1.33588
What it said to watch
Reclaim of 1.33465 would neutralise the range breakout
Failure to hold 1.33340 confirms continuation toward 1.3300
UK Retail Sales/PMIs (Fri) could materially shift this read
GBPUSD sold off sharply through the London-NY transition, breaking the 1.3355 shelf and printing a fresh session low at 1.33399 as GBP stays heavy after Tuesday's soft UK CPI. RSI(14) near 30 shows short-term stretch but no bullish divergence yet; each bounce has been sold into.
Support: 1.33399, 1.3334
Resistance: 1.33565
What it said to watch
Reclaim above 1.33565 would ease the downside pressure
M15 close below 1.33340 opens the path to 1.3300
UK Retail Sales/PMIs Friday could materially shift this read
12:31 UTC
Downtrend, accelerating into lows · RSI 31 · price 1.33421
Lower highs, twin lows at 1.3340.
Sharp London-NY sell-off dumped GBPUSD from 1.3393 to 1.3340, where the low has now been tested twice, RSI(14) pressed near 30. Move fits the GBP-heavy tone after soft UK CPI; price sits pinned at the 1.3340 floor with no bounce yet reclaimed.
Support: 1.3340, 1.3300
Resistance: 1.33555, 1.33931
What it said to watch
M15 close below 1.3340 confirms a lower low and opens 1.3300
Reclaim of 1.33555 swing needed to ease the downside pressure
UK Retail Sales/PMIs Fri could materially shift this read
GBPUSD sold off sharply through late-London hours, breaking down to a session low of 1.33399 as cooler UK CPI kept Sterling heavy. Price is bouncing modestly to 1.33516 with RSI(14) recovering off oversold; lower highs remain intact below 1.33585.
Support: 1.33399, 1.33458
Resistance: 1.33585
What it said to watch
M15 close back above 1.33585 would neutralise the downside break
GBPUSD broke the 1.3380-1.3390 NY range and dumped to 1.33399 into the London-NY transition, sterling heavy after this week's cooler UK CPI. Price is consolidating the drop near 1.3351 with RSI(14) around 34; the session low at 1.3340 is now the pivot.
Support: 1.3340, 1.3300
Resistance: 1.33585, 1.3377, 1.33931
What it said to watch
M15 close below 1.3340 opens the path toward 1.3300 (UOB)
Reclaim of 1.33585 would neutralise the downside break
Fri UK Retail Sales / PMIs could materially shift this read
GBPUSD spent the London session churning between 1.3370 and 1.3390 before a sharp NY-hours break dumped price to 1.33399, extending Sterling's soft run after this week's cooler UK CPI. Price is stalling near 1.33526 off the low with RSI(14) around 32; the prior range floor at ~1.3370 now caps.
Support: 1.33399, 1.3334
Resistance: 1.33565, 1.3369, 1.3390
What it said to watch
Reclaim of 1.33565 would negate the downside break and put price back toward the broken 1.3370 range floor
Break below 1.33399 opens the 1.3340 area
US Initial Jobless Claims at 12:30 UTC could shift this read within the next bar
12:01 UTC
Downtrend, fresh leg lower · RSI 38 · price 1.33526
Lower highs, lower lows; breakdown then weak bounce.
GBPUSD broke down through 1.3360 into the London-NY transition, tagging a session low at 1.3340 before a shallow recovery to 1.3355. The slide extends GBP's soft-CPI-driven weakness; RSI(14) near 38 off intraday oversold, with the bounce stalling under 1.3358.
Support: 1.33399, 1.3330
Resistance: 1.33585
What it said to watch
Reclaim above 1.3358 swing high would ease the breakdown
Loss of 1.3340 session low opens 1.3300
US jobless claims 12:30 UTC could extend or reverse the move
11:46 UTC
Downtrend, accelerating · RSI 25 · price 1.33476
Lower highs, fresh session low.
GBPUSD broke down through the London range and printed a fresh session low at 1.3340, the last two bars accelerating lower with GBP heavy after the cooler UK CPI print. RSI(14) sub-25 marks a short-term stretched move; price sits well below EMA20 and EMA50.
Support: 1.3340, 1.33399, 1.3300
Resistance: 1.33585
What it said to watch
M15 close below 1.3340 opens the path to 1.3300
Reclaim of 1.33585 would neutralise the fresh downside break
US jobless claims at 12:30 UTC could extend or reverse this move
GBPUSD sold off sharply through the London-NY transition, the last bar driving a 190-pip range down to a fresh session low at 1.33399 as Sterling stays heavy post-CPI. RSI(14) near 24 is oversold on the impulsive break, price now well below EMA20 and EMA50.
Support: 1.33399, 1.3330
Resistance: 1.33585
What it said to watch
M15 close below 1.33399 opens the path to 1.33300
Reclaim of 1.33585 would neutralise the breakdown
US Jobless Claims 12:30 UTC could extend or reverse this move
11:32 UTC
Downtrend, rolling over from session highs · RSI 35 · price 1.33576
Lower highs, session support giving way.
London session grinding lower after a double top capped at 1.3393; price has now sliced the session low to 1.3356 with RSI(14) sub-35. GBP stays heavy following Wednesday's soft CPI print and fiscal worries, and the intraday bid remains shallow.
Support: 1.3356, 1.3340
Resistance: 1.3383, 1.3393
What it said to watch
M15 close below 1.3356 extends the leg toward the 1.3340 daily pivot
Reclaim of 1.3383 (50-day EMA) needed to neutralise the downtrend read
US jobless claims at 12:30 UTC could shift this read within the next bar
11:31 UTC
Downtrend, extending · RSI 34 · price 1.33576
Lower highs, session low breaking.
London session grinding lower — GBP stays heavy after the softer UK CPI print, and the last bar broke the session low at 1.3356, extending a chain of lower highs down from 1.3393. RSI(14) sub-35 but not yet extreme; no sign of a bid stepping in.
Support: 1.3356, 1.3340
Resistance: 1.3373, 1.3390
What it said to watch
Reclaim of 1.3373 recent high would neutralise the lower-high sequence
Close below 1.3340 daily pivot opens 1.3300
US jobless claims at 12:30 UTC could shift this read
London session sold GBP off the 1.3393 session high back to a 1.3361 low, with the soft UK CPI print still weighing on the Pound. Price now consolidating in the 1.3360–1.3377 band, RSI(14) neutral near 44 and holding below EMA20/50.
Support: 1.33607, 1.3340
Resistance: 1.33773, 1.33931
What it said to watch
Break below 1.3360 session low extends the grind toward the 1.3340 daily pivot
Reclaim of 1.3377 swing high needed to ease the heavy tone
US jobless claims at 12:30 GMT could shift this read
11:16 UTC
Intraday downtrend after topping · RSI 43 · price 1.33658
Lower highs, lower lows off 1.3393.
GBPUSD rolled over from the 1.3393 session high through London-NY and is grinding lower, printing lower highs into 1.3366 with RSI(14) mid-40s. The 1.33607 session low held on the last dip; consolidation sub-1.3376 keeps the bid shallow, in line with a heavy Pound after the soft CPI print.
Support: 1.33607, 1.33547, 1.3340
Resistance: 1.3376, 1.33931
What it said to watch
Close below 1.33607 confirms continuation toward 1.3355/1.3340 pivot
Reclaim of 1.33760 swing invalidates the lower-high sequence
UK Retail Sales + flash PMIs tomorrow morning could reset this range
Rolling over from 1.339, testing intraday support.
GBPUSD rejected the 1.339 session high and slid through the NY session, printing lower highs with the 50d EMA at 1.3383 capping every bounce. Price now probes the 1.3361 swing low with RSI(14) mid-40s; a soft CPI print earlier this week keeps sterling heavy.
Support: 1.33607, 1.33547
Resistance: 1.3374, 1.33831, 1.3390
What it said to watch
M15 close below 1.3361 confirms a lower low toward 1.3355
Reclaim of 1.3374 needed to ease the downside pressure
London session drifted lower after the 1.3393 rejection mid-window, printing a chain of lower highs into 1.3366 with GBP capped below the daily 50d EMA following the softer UK CPI print. The 1.3360 session low held once; RSI(14) mid-40s, no extreme.
Support: 1.33607, 1.33547
Resistance: 1.33773
What it said to watch
M15 close above 1.3377 breaks the lower-high sequence
Failure to hold 1.3360 opens the 1.3355 swing low
US jobless claims 12:30 UTC could shift the near-term read
10:46 UTC
Downtrend, intraday leg lower · RSI 41 · price 1.33634
Lower highs off 1.3393, testing session lows.
NY session grinding lower off the 1.3393 session high, capped below the 1.3383 pivot after cooler UK CPI kept sterling soft. Price is pressing the 1.3360 session low with RSI(14) around 40 and no sign of demand yet.
Support: 1.33607, 1.33547
Resistance: 1.33773, 1.3383, 1.33931
What it said to watch
M15 close below 1.33607 confirms a fresh lower low toward 1.3355
Reclaim of 1.3383 needed to void the lower-high sequence
US jobless claims 12:30 UTC could shift this read within the next bars
GBPUSD faded through the London session from 1.33931, capped below the 50d EMA at 1.3383 after cooler UK CPI, and is now grinding into session lows near 1.33634. Lower highs are stacking and price sits below both EMAs; a brief bounce to 1.33773 was sold.
Support: 1.33607, 1.33547
Resistance: 1.33773, 1.3383, 1.33931
What it said to watch
Close below 1.33607 confirms a lower low, opening 1.33547
Reclaim of the 50d ema at 1.3383 needed to ease downside pressure
US jobless claims 12:30 UTC could shift this read
10:31 UTC
Pullback, momentum flat · RSI 44 · price 1.3371
Lower highs off 1.3393, consolidating above session low.
London session sold GBPUSD from the 1.3393 session high down to 1.3360, and price is now consolidating near 1.3371, still capped below the 50-day EMA pivot at 1.3383 after softer UK CPI. RSI(14) sits mid-range with no momentum extreme; series of lower highs intact.
Support: 1.3360, 1.3355
Resistance: 1.3376, 1.3383, 1.3393
What it said to watch
M15 close above 1.3383 negates the lower-high sequence and reopens 1.3393
Failure to hold 1.3360 confirms a lower low toward 1.3355
US Jobless Claims at 12:30 UTC could shift this read within the next bars
London session rallied to 1.3393 then rejected, price capped below the 50d EMA ~1.3383 with GBP heavy after cooler UK CPI. Pulled back to the 1.3360 session low and now hovering ~1.3371, mid-range and RSI(14) neutral around 46.
Support: 1.3360, 1.3355
Resistance: 1.3383, 1.3393
What it said to watch
M15 close above 1.3383 reopens 1.3393 session high
Loss of 1.3360 confirms a lower-low toward 1.3355
Fri 06:00 UTC UK Retail Sales could break this range
Lower highs off session high, holding above session low.
London session drifting lower off the 1.33931 session high after cooler UK CPI kept GBP capped, printing a sequence of lower highs into 1.33771. Price bounced off the 1.33607 session low and is now consolidating near 1.3370 with RSI(14) around 46.
Support: 1.33607, 1.33547
Resistance: 1.33771, 1.33931
What it said to watch
M15 close above 1.33771 breaks the lower-high sequence
US Jobless Claims 12:30 UTC could shift this read within the next bars
10:16 UTC
Intraday pullback after rejection · RSI 47 · price 1.33704
Consolidating below session high.
Cable rallied into the London session and was rejected at the 1.33931 session high, capped below the 50d EMA (~1.3383) after Wednesday's soft UK CPI. Price rolled over to the 1.33607 session low then bounced, now consolidating near the 1.33760 intra pivot with RSI(14) mid-range.
Support: 1.33607, 1.33547
Resistance: 1.3376, 1.33931
What it said to watch
Reclaim of 1.33760 intra pivot reopens the 1.33931 session high
Loss of 1.33607 session low exposes the 1.33547 swing low
UK Retail Sales/PMIs Fri could shift this read materially
London session faded the pair from the 1.3393 session high in a chain of lower highs down to 1.3361, capped throughout below the 50d EMA at 1.3383. Price recovered to 1.3377 and settled at 1.3372; RSI(14) back to neutral near 46 after the swing to the low.
Support: 1.33607, 1.33547
Resistance: 1.3378, 1.3383, 1.33931
What it said to watch
M15 close above 1.3383 invalidates the capped read and opens the 1.3400 handle
Loss of 1.33607 session low confirms a fresh lower low toward weekly lows
Lower highs since 1.3393 peak, holding above 1.3361.
London session rejected the 1.3393 session high (double top near 1.339) and slid to 1.3361, with a bounce to 1.3377 already stalling. Price stays capped below the 50d EMA around 1.3383 after Wednesday's softer UK CPI, keeping the recent lower-high sequence intact.
Support: 1.3366, 1.33607, 1.33547
Resistance: 1.3379, 1.3383, 1.33931
What it said to watch
Reclaim of 1.3383 and a close above 1.3393 would break the lower-high sequence
Loss of 1.3361 opens the session low toward 1.3355
US jobless claims 12:30 UTC could shift the intraday read
09:47 UTC
Pullback after session-high rejection · RSI 49 · price 1.33759
Lower highs off 1.3393, holding above 1.3360.
London push to the session high at 1.3393 was rejected below the 50d EMA (~1.3383), twin peaks around 1.339 marking a double top before the fade to 1.3360. Price has since bounced to 1.3376 with RSI back near neutral; sterling stays capped after this week's cooler UK CPI.
Support: 1.3360, 1.33547
Resistance: 1.3383, 1.3393
What it said to watch
M15 close above 1.3383 (50d ema) reopens the 1.3393 session high
Loss of 1.3360 exposes the 1.33547 session low
Fri 06:00 UTC UK Retail Sales and 08:30 PMIs could reset this range
Lower highs since 1.3393 top, bouncing off session low.
GBPUSD topped near 1.3393 in London then faded to the 1.3361 session low, cooled by Wednesday's soft UK CPI. Price is bouncing back to 1.3376 but stays capped below the 1.3383 pivot; ATR ~7 pips.
Support: 1.33607, 1.3366
Resistance: 1.3383, 1.3391
What it said to watch
Close above 1.3383 opens a retest of the 1.3391 session high
Failure to hold 1.3361 confirms a lower low
US jobless claims 12:30 UTC could shift this read
09:32 UTC
Pulling back off session high, momentum soft · RSI 42 · price 1.33679
Lower highs since 1.3393, retracing the London leg up.
GBPUSD rejected the 1.3390 session high and slid to 1.3360 through the London session, RSI cooling to the low 40s with price now below EMA20 and EMA50. The move retraced roughly 60% of the earlier 1.3355-to-1.3393 rally; buyers stepped in at 1.3360 for a shallow bounce to 1.3368.
Support: 1.33607, 1.33547
Resistance: 1.3383, 1.3390
What it said to watch
Close below 1.33607 confirms a lower low and extends the slide toward 1.33547
Reclaim of 1.33830 needed to negate the lower-high sequence
US jobless claims at 12:30 UTC could inject volatility into the next few bars
09:32 UTC
Intraday pullback off session high · RSI 41 · price 1.33679
Lower highs since 1.3393, rolling over.
GBPUSD rejected the 50d EMA pivot at 1.3383 during the London session and slid to 1.3368, printing lower highs off the 1.3393 session high. RSI(14) near 41 with price below both EMAs; sellers capping into the softer post-CPI GBP tone.
Support: 1.33607, 1.33547
Resistance: 1.3383, 1.3390
What it said to watch
Reclaim of 1.3383 (50d ema) would neutralise the intraday downtrend
Loss of 1.3360 session low confirms a lower-low toward 1.3355
UK Retail Sales/PMIs Fri could materially shift this read
09:17 UTC
Downtrend, session slide · RSI 39 · price 1.33679
Lower highs, lower lows off 1.3393.
GBPUSD was rejected at the 1.3393 session high during London hours and has since ground lower to 1.33607, staying capped below the 50d EMA pivot at 1.3383 after cooler UK CPI undercut BoE hike bets. Price is below EMA20 and EMA50 with RSI(14) near 39; no reversal signal in play.
Support: 1.33607
Resistance: 1.3383, 1.33931
What it said to watch
Break below 1.33607 opens the path toward the weekly-low zone
M15 close back above 1.3383 invalidates the lower-high read
UK Retail Sales/PMIs Fri could reshape this read
09:16 UTC
Intraday downtrend, off session high · RSI 41 · price 1.33679
Lower highs, fresh lower low at 1.3361.
GBPUSD twice rejected near 1.3390-1.3393 through the London morning, then sold off to a session low at 1.33607 as the 50d EMA (1.3383) kept a lid post soft UK CPI. Price now stalling around 1.3368, RSI(14) sub-45 with no reclaim of 1.3374 yet.
Support: 1.33607, 1.3355
Resistance: 1.3374, 1.3383, 1.33931
What it said to watch
M15 close below 1.33607 confirms the lower low, exposing 1.3350
Reclaim of 1.33830 (50d ema) negates the intraday downtrend read
US jobless claims 12:30 UTC could shift this read
09:02 UTC
Downtrend, lower highs into London · RSI 37 · price 1.33674
Rolled over from session high, making lower lows.
GBPUSD twice rejected near 1.3390-1.3393 overnight and has rolled over through the London morning, printing a fresh session low at 1.33607 with RSI(14) cooling into the mid-30s. Price stays capped well below the 50d EMA (~1.3383) after the cooler UK CPI, and the last hour is a clean lower-high, lower-low sequence.
Support: 1.33607
Resistance: 1.3383, 1.33931
What it said to watch
M15 close below 1.33607 confirms continuation of the lower-low sequence
Reclaim of 1.3383 would neutralise the downtrend read
US jobless claims 12:30 GMT could shift this read
09:01 UTC
Intraday downtrend off session high · RSI 41 · price 1.33674
Lower highs, testing swing low.
London session rolled over from the 50d ema near 1.3383, carving lower highs down to a 1.33607 swing low as cooler UK CPI keeps sterling capped. RSI(14) near 41 with price sitting on the 61.8% retrace of the 1.33547–1.33931 up-move; sellers holding below 1.33733.
Support: 1.33607, 1.33547
Resistance: 1.33733, 1.3383, 1.33931
What it said to watch
M15 close back above 1.33733 negates the lower-high sequence
Loss of 1.33607 opens continuation toward the 1.33547 session low
US jobless claims 12:30 UTC could shift the USD leg
08:46 UTC
Downtrend, fresh leg lower · RSI 35 · price 1.33639
Lower highs after rejection at 1.3390.
GBPUSD rolled over from a 1.3390 double top in the London session and is pressing the session low at 1.33607, RSI(14) sub-35 as sellers extend the move. Price sits below EMA20/50 and remains capped under the 50d EMA (~1.3383) after the softer UK CPI print earlier in the week.
Support: 1.33607, 1.33547
Resistance: 1.3380, 1.3390
What it said to watch
Break below 1.33547 confirms continuation of the lower-low sequence
M15 close back above 1.33800 invalidates the rejection read
UK retail sales/PMIs Fri could materially shift this intraday read
GBPUSD rolled over through the London morning, rejected at 1.3390 and breaking down out of the 1.3383-1.3393 consolidation to print a session low at 1.3361 — in line with the softer GBP tone after cooler UK CPI capped the pair below the 50d EMA ~1.3383. RSI(14) near 34, momentum firmly bearish into the close.
Support: 1.33607, 1.33547
Resistance: 1.3383, 1.33931
What it said to watch
close below 1.33547 confirms a lower low and extends the slide
reclaim of 1.33830 (50d ema) would neutralise the breakdown
UK Retail Sales/PMIs Fri could materially shift this read
Lower highs off session high, pressing session lows.
GBPUSD rolled over from the session high at 1.3393 and has stair-stepped lower through London hours, now testing 1.3365 with RSI(14) around 37. The soft UK CPI backdrop keeps sterling heavy; the 1.3379 minor pivot capped the last bounce and price is coiling just above the 1.3355 session low.
Support: 1.33547, 1.3350
Resistance: 1.3379, 1.33931
What it said to watch
M15 close below 1.3355 confirms a lower low, opening the 1.3350 psych area
Reclaim of 1.3379 minor pivot would neutralise the intraday downtrend
US Initial Jobless Claims 12:30 UTC could shift this read
08:31 UTC
Downtrend, rolling over from session high · RSI 37 · price 1.33654
Lower highs since 1.3393 top, pressing session low.
GBPUSD rejected the 1.3393 session high during London and unwound ~28 pips to 1.3365, printing lower highs the whole way down. Price now sits on the session low with RSI(14) near 37; GBP stays heavy after this week's soft UK CPI slide.
Support: 1.3365, 1.33547
Resistance: 1.3380, 1.33931
What it said to watch
M15 close below 1.33547 confirms a lower low and extends the slide
Reclaim of 1.33800 negates the intraday lower-high sequence
US Jobless Claims 12:30 UTC could inject volatility this session
08:17 UTC
Short-term down after session-high rejection · RSI 42 · price 1.33709
Lower highs off 1.3393, pullback within prior up-leg.
GBPUSD rejected the London session high at 1.3393 and rolled over to 1.3367, price now under EMA20 near 1.3371 as the week's cooler UK CPI keeps the pound heavy. RSI(14) mid-40s, not yet oversold; pair sitting on the 61.8% retrace of the 1.3355–1.3393 leg.
Support: 1.3367, 1.33547, 1.3350
Resistance: 1.33908, 1.33931
What it said to watch
M15 close below 1.3367 swing low exposes the 1.3355 session low and 1.3350 psych area
Reclaim of 1.3390 needed to re-test the 1.3393 session high
US Jobless Claims 12:30 UTC could move the USD leg
08:17 UTC
Pullback from session high · RSI 41 · price 1.33709
Lower highs off 1.3390 top.
GBPUSD rolled over from a 1.3390 double top during the London morning, sliding to a session low at 1.3367 with RSI(14) cooling into the low 40s. Sellers capped the bounce near 1.3380; cable stays heavy after yesterday's cooler UK CPI print.
Support: 1.33667, 1.33547
Resistance: 1.3380, 1.3390, 1.33931
What it said to watch
M15 close below 1.3367 session low exposes the 1.3355 swing low
Reclaim of 1.3380 intraday res needed to retest the 1.3390 double top
US Jobless Claims 12:30 UTC could shift this read
08:02 UTC
Intraday uptrend stalling, pullback in play · RSI 43 · price 1.33732
Rejection at session high, retracing prior up-leg.
London open sold the session high at 1.33931, dropping GBPUSD to 1.33667 with RSI(14) cooling to ~42; price now sits back below both EMAs at 1.33732, mid-way through the retrace of the 1.33547-1.33931 up-leg. Sterling stays heavy sub-1.3400 after the softer UK CPI print, with the drop coinciding with fresh USD demand at the London open.
Support: 1.33667, 1.33547, 1.3350
Resistance: 1.3385, 1.33931
What it said to watch
Break below 1.33667 exposes the 1.33547 session low and 1.3350 area
Reclaim of 1.33850 puts the 1.33931 session high back in play
UK Retail Sales Fri 06:00 UTC and flash PMIs 08:30 UTC could reset this read
London session pushed GBPUSD to a 1.3393 range high before a sharp rejection dropped price back to 1.3373, slipping under both EMAs. RSI(14) cooling to the mid-40s as the rally unwinds; buyers absorbed twice near 1.3367.
Support: 1.33667, 1.33547
Resistance: 1.33908, 1.33931
What it said to watch
M15 close above 1.3390 reopens the 1.3393 range high
Break of 1.3367 exposes the 1.3355 swing low
UK Retail Sales Fri 06:00 UTC could shift this read
07:47 UTC
Intraday up move fading, pulling back · RSI 41 · price 1.33717
Rejected at session high, retracing.
London open saw GBPUSD roll off a double-top rejection near 1.33931 back toward 1.3370, RSI(14) cooling into the low 40s. Price is now testing the 61.8% retrace of the 1.33547-1.33931 leg with GBP heavy after this week's softer headline CPI.
Support: 1.3369, 1.33633, 1.33547
Resistance: 1.3381, 1.3390
What it said to watch
M15 close below 1.3366 confirms a lower low and extends the pullback toward 1.3355
Reclaim of 1.33810 negates the double-top rejection
UK Retail Sales Fri 06:00 UTC could reset this read
07:46 UTC
Pulling back from session high, short-term momentum down · RSI 40 · price 1.33717
Rejected at 1.3393, testing 1.3370 support.
GBP stays heavy on its 5th daily loss; the London-hours push into 1.3393 was twice rejected before price faded back to 1.3370. RSI has cooled into the low 40s and price has slipped below both EMA20 and EMA50, with 1.3370 the immediate support in play.
Support: 1.3370, 1.33547
Resistance: 1.3390, 1.3385
What it said to watch
M15 close below 1.33700 exposes the 1.33547 session low
Reclaim of 1.33850 negates the pullback and reopens 1.3390
UK Retail Sales Fri 06:00 UTC could materially shift this read
07:32 UTC
Intraday up stalling, pulling back · RSI 46 · price 1.33761
Rejection at 1.3390, retracing the London leg.
GBPUSD ran into repeated rejection at 1.3390 through the NY-into-Asia hours before rolling over into the London open, RSI(14) cooling to the mid-40s. Price now sits back near the 50% retrace of the 1.3355–1.3393 leg around 1.3376, holding above the 1.3371 session low.
Support: 1.33713, 1.33547, 1.3350
Resistance: 1.3390, 1.33931
What it said to watch
M15 close back above 1.3390 reopens the 1.33931 session high
Break of 1.33713 confirms a lower low, exposing 1.3355 then 1.3350
London session pushed GBPUSD up to a session high at 1.3393 before sellers capped it and price slid back toward 1.3375, RSI(14) cooling to the mid-40s. Sterling stays heavy on the week after the softer UK CPI print, and the intraday bounce is fading back into its range.
Support: 1.3371, 1.33547, 1.3350
Resistance: 1.3393, 1.3400
What it said to watch
M15 close above 1.3393 reopens the 1.3400 handle
Failure to hold 1.3375 exposes 1.3350 support
UK Retail Sales Fri 06:00 UTC could reset this read
07:17 UTC
London rally stalling, pulling back · RSI 43 · price 1.33759
Rejection at session high, pullback in range.
London session drove GBPUSD up to a session high of 1.33931, twice rejected near 1.3391-1.3393, forming a double top, and price has since faded to 1.3376 with RSI cooling to the low 40s. Sterling stays heavy after this week's soft UK CPI, and the pullback is now testing the 1.3371 swing.
Support: 1.33713, 1.33677
Resistance: 1.33931
What it said to watch
M15 close below 1.33713 confirms a lower low toward 1.33677
Reclaim of 1.33931 needed to resume the London rally
US Initial Jobless Claims 12:30 UTC could shift this read
07:16 UTC
Range with recent rejection · RSI 45 · price 1.33759
Session high rejected, pulling back into mid-range.
Asia session pushed GBPUSD up to a double top near 1.3391 then rejected sharply, dumping 15 pips into 1.33759 with RSI(14) cooling to the mid-40s. Sterling stays heavy sub-1.3400 after the softer UK CPI print; price now sits between 1.33713 support and the 1.3391 session high.
Support: 1.33713, 1.33683, 1.33547
Resistance: 1.3391, 1.33951
What it said to watch
M15 close above 1.3391 reopens the 1.33951 window high
Failure to hold 1.33683 exposes the 1.33547 range low
UK Retail Sales Fri 06:00 UTC could shift this read
07:02 UTC
Asia uptrend, pulling back into London open · RSI 44 · price 1.33749
Higher-high chain topped at 1.33931, now retracing.
GBPUSD ground higher through the thin Asia session to a 1.33931 session high, then rejected on the London open and slid back to retest 1.33750, RSI(14) cooling toward 43. Price now sits below EMA20/EMA50 after the pullback; the 1.33750 recent low is the immediate pivot for the intraday structure.
Support: 1.3375, 1.3366
Resistance: 1.3391, 1.33931
What it said to watch
M15 close below 1.33750 confirms a lower-low, exposing 1.33660
Reclaim of 1.33910 puts the 1.33931 session high back in play
US Jobless Claims 12:30 UTC could add a fresh USD leg
07:01 UTC
Intraday pullback after London push · RSI 44 · price 1.33749
Rejection at session high, sliding into support.
London session pushed to a session high of 1.33931 before rejection dragged price back toward 1.3375, cutting through EMA20. RSI(14) cooling into the mid-40s as the pullback holds above the 1.33680 swing low.
Support: 1.3368, 1.33547
Resistance: 1.33931
What it said to watch
M15 close back above 1.33931 reopens the session high
Loss of 1.33680 exposes the 1.33547 session low
US jobless claims 12:30 UTC could add volatility to the read
06:47 UTC
Uptrend stalling near 1.3400 · RSI 48 · price 1.33791
Consolidation below session high.
GBPUSD ground higher through the NY session and overnight into a 1.33931 session high, capped below the 1.3400 pivot. The latest bar sold off sharply to 1.33751 before steadying at 1.33791, RSI(14) cooling back to neutral as the rally stalls.
Support: 1.33751, 1.3368, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close below 1.33751 opens the path to 1.33680
Reclaim of 1.3400 needed to revive the upside break
UK Retail Sales (Fri 06:00 UTC) could materially shift this read
London morning capped at the 1.3393 session high with a sharp rejection on the last bar, price sliding back to the 1.3375 swing low, RSI cooling to mid-40s. GBP stays pinned below the 1.3400 psych pivot after mixed June CPI, and moves inside the 1.3367–1.3393 range for now.
Support: 1.3375, 1.33674, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.3393 opens the path to the 1.3400 psych pivot
Failure to hold 1.3367 range low exposes the 1.3355 session low
US Jobless Claims 12:30 UTC could shift this read
06:31 UTC
Uptrend, grinding into resistance · RSI 59 · price 1.33854
Higher highs/lows off 1.3355, capped below 1.3400.
GBPUSD ground higher through the Asian session off the 1.3355 low, printing a chain of higher lows into a 1.33931 session high, RSI(14) mid-range near 59. Price is consolidating just under the 1.3400 psych pivot as the London open approaches, EMA20/50 both below spot.
Support: 1.33818, 1.33683, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.33931 opens the path to the 1.3400 pivot
Failure to hold 1.33818 breaks the intraday higher-low chain
UK Retail Sales (Fri 06:00 UTC) and PMIs could reset this read
Higher lows since the London dip, capped below 1.3393.
Cable ground higher through the NY-into-Asia handover off the 1.3355 dip, printing higher lows and now probing the 1.3393 session high with RSI(14) mid-range. GBP stays heavy on the wider read after mixed June CPI, but price is holding above 1.3382 and pinned just under the 1.3400 pivot.
Support: 1.3382, 1.3367, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
Close above 1.3393 opens the path to the 1.3400 pivot
Failure to hold 1.3382 exposes the 1.3367 session low
UK Retail Sales (Fri 06:00 UTC) could materially shift this read
GBPUSD ground higher through the Asian range into the London open, printing higher lows and pressing the session high near 1.33931, but capped just under the 1.3400 pivot. RSI(14) around 62 with no data catalyst yet — Sterling stays heavy on the wider read after mixed June CPI.
Support: 1.33818, 1.33736, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.34000 pivot extends the intraday advance
Failure to hold 1.33818 breaks the rising-low chain
UK Retail Sales (Fri 06:00 UTC) could materially shift this read
06:16 UTC
Grind higher into London open · RSI 62 · price 1.33899
Chain of higher lows since Asian dip.
GBPUSD ground higher through the Asia range into London open, printing higher lows off the 1.33547 dip and stalling under the 1.33931 session high. RSI(14) mid-60s, price holding above EMA20/50, with the 1.3400 pivot the next overhead reference cited in the macro read.
Support: 1.3384, 1.33677, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.33931 opens the path to the 1.3400 pivot
Loss of 1.33840 rising support breaks the higher-low chain
UK Retail Sales/PMIs later this session could reset the intraday read
Higher lows into consolidation below session high.
GBPUSD ground higher off the 1.33547 session low overnight and is now consolidating just under the 1.33931 session high, holding above EMA20/50 as RSI cools around 57. Sterling remains heavy sub-1.3400 after the soft UK CPI print, with the 1.3400 round number and ~50-day EMA capping the recovery.
Support: 1.33818, 1.33677, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.33931 opens a test of the 1.34000 round number
Loss of 1.33818 rising support breaks the intraday higher-low chain
UK Retail Sales Fri 06:00 UTC could materially shift this read
GBPUSD ground higher overnight from the 1.3355 session low into London, tagging 1.33931 before stalling just under the 1.3400 psych barrier. Price now consolidating around 1.3388 with RSI(14) mid-range; the 1.3374 swing low held on the last pullback.
Support: 1.3374, 1.3367
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.33931 opens the path to 1.3400
Failure to hold 1.33740 breaks the intraday HL chain
US jobless claims 12:30 UTC could nudge USD-side of this read
05:47 UTC
Uptrend, grinding into resistance · RSI 55 · price 1.33861
Higher lows off session low, pressing 1.3393 high.
GBPUSD ground higher off the 1.3355 session low through the Asian session, pressing the 1.3393 high with the 1.3400 psych level and 50-day area capping just above. Momentum has cooled into the pullback from 1.3392, with sterling still heavy sub-1.3400 after this week's soft UK CPI.
Support: 1.3379, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.34000 clears the psych cap and opens toward the 50-day area
Loss of 1.33790 breaks the rising-low chain
UK Retail Sales Fri 06:00 UTC could materially shift this read
GBPUSD ground higher through the NY-Asia window off the 1.33547 low to tag 1.33931, and is now consolidating just under that session high in early London with RSI(14) cooling near 56. Grind stalls into the 1.3390/1.3400 zone the digest flags as capping resistance around the 50-day EMA; ATR is a thin ~5 pips.
Support: 1.3380, 1.3376, 1.33547
Resistance: 1.33931, 1.3390
What it said to watch
M15 close above 1.33931 opens the 1.3400 barrier
Loss of 1.3380 breaks the rising-low chain
UK Retail Sales Fri 06:00 UTC could shift this read sharply
GBPUSD ground higher through the Asian session off the 1.3355 low, tagging 1.3393 before easing back to 1.3385, capped under the 50-day EMA/1.3400 barrier that the softer UK CPI story keeps in focus. RSI mid-range and ATR thin near 5-6 pips; no breakout in play with early-London liquidity just arriving.
Support: 1.3377, 1.33547
Resistance: 1.3393, 1.3400
What it said to watch
M15 close above 1.3400 opens path higher through the session cap
Failure to hold 1.3377 pivot exposes the 1.3355 swing low
UK Retail Sales Fri 06:00 UTC could materially shift this read
05:31 UTC
Uptrend, momentum slowing · RSI 56 · price 1.3385
Higher highs and higher lows since London low.
GBPUSD ground higher through the Asian session off the 1.33547 London low, tagging a session high at 1.33931 before easing back to 1.3385 with RSI cooling from the mid-60s. Grind stays capped below the 1.3400 psych level as Sterling holds near weekly lows post-CPI.
Support: 1.3377, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.3400 opens the path toward the day's supply
Failure to hold 1.3377 (50-day ema) confirms a lower-low
UK Retail Sales Fri 06:00 UTC could materially shift this read
Higher highs / higher lows off Asian low, now consolidating below session high.
London open extended the climb off the Asian low at 1.33547 to a session high of 1.33931, price now easing back to 1.33833 with RSI(14) cooling from the highs. The higher-low chain holds while 1.33800 caps the pullback; session high untested for now.
Support: 1.3380, 1.33547
Resistance: 1.33931, 1.3390
What it said to watch
M15 close below 1.33800 breaks the intraday higher-low chain
Reclaim of 1.33931 opens the path back to the session high
US jobless claims at 12:30 UTC could shift the near-term read
London morning grind lifted GBPUSD off the 1.3355 range low up to 1.33931, where it was rejected and eased back to 1.33833 — right on the 50-day EMA zone the digest flags as cap into 1.3400. Higher-low chain intact but the push into the session high stalled and RSI(14) is cooling from the low-60s.
Support: 1.3375, 1.3366, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.33931 opens the path to the 1.34000 psych level
Failure to hold 1.33660 higher low breaks the intraday HL chain
UK Retail Sales Fri 06:00 UTC could reset this read
Asia session ground higher off the 1.33547 session low to a session high at 1.33931, then eased back to 1.33861 with RSI(14) cooling from the mid-60s. Cable stayed capped below the 1.34000 psych level flagged in the macro read; nearest support sits at 1.33800 with the 1.33683 swing low beneath.
Support: 1.3380, 1.33683, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.34000 opens continuation toward the prior 1.33951 high
Loss of 1.33800 exposes the 1.33683 swing low
Break of rising support off 1.33547 negates the intraday uptrend
US jobless claims at 12:30 UTC could shift this read
Cable ground higher through Asia into early London, printing a HH/HL chain off the 1.33547 session low and testing the 1.33931 session high before easing to 1.3386. RSI(14) near 61 leaves room, but 1.3400 psych and the flagged 1.3383 daily EMA cap keep price pinned sub-1.3400 as noted after soft UK CPI.
Support: 1.3380, 1.33638, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.3400 opens continuation toward the round number and beyond
Failure to hold 1.3380 breaks the higher-low chain
Fri UK retail sales/PMI is the decisive GBP catalyst and can reset this read
Asia session ground steadily higher off the 1.33547 low, printing a chain of higher lows into the 1.33931 session high, RSI mid-60s. Cable is still pinned below the 1.3400 psych level as GBP stays heavy after soft UK CPI; buyers stepped in repeatedly around 1.3367-1.3379 through the quiet session.
Support: 1.3379, 1.33674, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.34000 opens room toward the next figure
Failure to hold 1.33674 breaks the higher-low chain
Fri UK Retail Sales/PMIs 06:00-08:30 UTC could reset this read
Higher highs off 1.3355 low, testing session high.
Cable ground higher through late NY into Asia after a dip to 1.3355, reclaiming the 50-day EMA cap near 1.3383 flagged in the digest and now probing the session high at 1.3393. RSI(14) around 63, elevated but not stretched; 1.3400 psych level sits just above.
Support: 1.3383, 1.3374, 1.33547
Resistance: 1.33931, 1.3400
What it said to watch
M15 close above 1.3400 extends the recovery toward the round number and beyond
Failure to hold 1.3383 reopens the 1.3374 swing low
UK Retail Sales/PMIs Fri are the decisive GBP catalyst and could reshape this read
04:31 UTC
Uptrend, grinding higher · RSI 64 · price 1.33899
Higher highs/lows off overnight low.
Asian session ground steadily higher, reclaiming the 1.3383 50-day EMA area cable had struggled with, and price now presses the 1.3393 session high with the 1.3400 round number just above. RSI(14) elevated near 64 but not extreme; higher-low chain intact.
Support: 1.3374, 1.3355
Resistance: 1.3393, 1.3400
What it said to watch
Close above 1.3400 opens the path higher into London
Failure to hold 1.3374 breaks the rising higher-low chain
US jobless claims 12:30 UTC could shift this read
04:31 UTC
Uptrend, grinding into 1.3400 cap · RSI 64 · price 1.33899
Higher highs and higher lows off 1.3368.
Asian-session grind higher reclaimed the 1.3383 area and pushed cable back to 1.3390, capping just under the 1.3400 psych level that has pinned price all week on soft UK CPI and firm USD. Chain of higher lows intact off 1.3368, RSI(14) around 63 with room before overbought.
Support: 1.3380, 1.3368
Resistance: 1.3395, 1.3400
What it said to watch
M15 close above 1.34000 opens the path back toward the 1.33950 session high extension
Failure to hold 1.33800 breaks the higher-low chain
Fri UK Retail Sales/PMIs (06:00/08:30 UTC) are the decisive GBP catalyst
Cable ground higher through the Asian session, reclaiming the 1.3383 50-day EMA and pressing the 1.3400 psych cap, with a session high at 1.33931. RSI(14) elevated near 68 but not extreme, and the pullback to 1.33547 was bought back into a rising-lows sequence.
Support: 1.3383, 1.3374, 1.33547
Resistance: 1.3400, 1.33931
What it said to watch
M15 close above 1.3400 psych opens continuation; rejection there keeps the level capping
Loss of 1.3383 50-day ema back below reverses the intraday reclaim
GBPUSD ground higher through the Asian session, reclaiming the 1.3383 50-day EMA and pressing toward the 1.3400 psych level with RSI(14) near 68. The higher-low chain from the 1.3355 swing low is intact, with dips absorbed into early London.
Support: 1.3383, 1.3355
Resistance: 1.3400, 1.33951
What it said to watch
M15 close above 1.3400 opens the path higher
Loss of 1.3383 breaks the higher-low chain
UK Retail Sales at 06:00 UTC could materially shift this read
04:02 UTC
Uptrend, momentum easing · RSI 63 · price 1.33885
Recovery off session low, pressing session highs.
GBPUSD ground higher through the Asian session off the 1.33547 swing low and is now pinned at the session high just under the 1.3400 psych level. Volume is thin and RSI mid-60s; price holds above the 1.3376 consolidation shelf.
Support: 1.3376, 1.33547
Resistance: 1.33913, 1.3400
What it said to watch
M15 close above 1.3400 psych opens continuation higher
Loss of 1.3376 consol shelf negates the recovery
UK Retail Sales Fri 06:00 UTC could shift the read
Asia session ground higher off the 1.3355 swing low, reclaiming the 50-day EMA at 1.3383 but stalling into 1.3391 session highs, still pinned below the 1.3400 psych level after soft UK CPI. RSI(14) cooling near 64 as the push flattens into resistance.
Support: 1.3383, 1.3374, 1.33547
Resistance: 1.3391, 1.3400
What it said to watch
M15 close above 1.3400 opens room back toward weekly range highs
Loss of 1.3383 50-day EMA re-exposes the 1.3355 swing low
UK Retail Sales Fri 06:00 UTC could materially shift this read
03:47 UTC
Recovering, grinding higher in Asia · RSI 67 · price 1.3390
Higher lows off 1.3355, reclaiming 1.3383.
Asia session ground higher and reclaimed the 1.3383 50-day EMA after the London/NY sell-off bottomed at 1.3355. Move is on thin liquidity — ATR ~6 pips — with RSI in the mid-60s as price presses the prior 1.3395 high.
Support: 1.3383, 1.3374, 1.33547
Resistance: 1.33951, 1.3400
What it said to watch
Hold above 1.3383 keeps the reclaim intact; slip back below reopens 1.3374
Close above 1.3400 psych level opens the path back to 1.3395 prior high
UK Retail Sales Fri 06:00 UTC could materially shift this read
Cable ground higher through the Asia session toward 1.3391 after basing at 1.3355, reclaiming the 1.3383 50-day EMA that had been capping rallies. RSI(14) elevated near 67 but not extreme; ATR compressed to ~7 pips into the London approach with 1.3400 psychological overhead.
Support: 1.3383, 1.3370, 1.3355
Resistance: 1.3391, 1.3400
What it said to watch
A push through 1.3400 opens room to test the weekly cap; failure there keeps 1.3383 in play
Loss of 1.3383 50-day EMA reopens the 1.3355 session low
UK GfK Consumer Confidence 23:01 UTC and Fri Retail Sales are near-term GBP risks
Asian session ground steadily higher off the 1.3355 low, printing higher lows and now pressing the 1.3391 session high just under the 1.3400 pivot. GBP stays pinned below 1.3400 after the soft UK CPI print; this is a recovery within a heavy tone, RSI(14) firm but not stretched near 63.
Support: 1.3376, 1.33547
Resistance: 1.3391, 1.3400
What it said to watch
M15 close above 1.3400 pivot opens the path higher toward the 50-day EMA zone
Failure to hold 1.3376 base reopens the move back to the 1.3355 swing low
UK Retail Sales / PMIs later Fri are the week's key GBP catalysts
Asian session ground steadily higher off the 1.3355 swing low, reclaiming the 1.3383 area and pressing the session high near 1.3391 into the 1.3400 pivot. GBP remains pinned below 1.3400 after this week's soft UK CPI, and the grind up is a shallow relief move within that heavy backdrop.
Support: 1.3374, 1.33547
Resistance: 1.33913, 1.3400
What it said to watch
M15 close above 1.3400 opens the path higher toward the prior day's supply
Failure to hold 1.3374 reopens 1.3355 swing low
UK Retail Sales/PMIs Fri could materially shift this read
Higher lows since the 1.3355 base, capped below 1.3400.
GBPUSD carved a session low at 1.33547 during the London-NY handoff and has ground higher through quiet Asia hours, tagging 1.33913 before easing to 1.3384 near the 50-day EMA. GBP stays pinned below the 1.3400 pivot after soft UK June CPI; price sits mid-range with RSI(14) around 61.
Support: 1.3380, 1.33683, 1.33547
Resistance: 1.33913, 1.3400
What it said to watch
M15 close above 1.34000 pivot opens room toward the prior 1.3395 supply
Failure to hold 1.33800 exposes the 1.33683 consolidation and the 1.33547 low
Fri UK Retail Sales (06:00 UTC) and PMIs (08:30 UTC) are the key GBP catalysts
GBPUSD ground higher through Asia off the 1.3355 session low, tagging 1.3391 before easing to 1.3384; RSI(14) mid-range near 58 with ATR compressed to ~6 pips. Price sits right on the 50-day EMA pivot area, still capped below the 1.3400 level the digest flags after soft UK CPI kept Sterling heavy.
Support: 1.3376, 1.3370, 1.33547
Resistance: 1.33913, 1.3400, 1.33951
What it said to watch
M15 close above 1.3400 pivot opens the path back to 1.33951 prior high
Failure to hold 1.3376 swing low reopens 1.33547 session low
UK Retail Sales 06:00 UTC and PMIs 08:30 UTC are the day's GBP catalysts
03:01 UTC
Uptrend, grinding into pivot · RSI 67 · price 1.33902
Higher lows, testing 1.3400.
Late-Asia grind higher off the 1.3355 low has GBPUSD pressing the 1.3400 psych pivot, RSI(14) near 67 and not yet stretched. Price has reclaimed the 50-day area cited near 1.3383, but the 1.3400 pivot has capped rallies all week and remains the wall to clear.
Support: 1.3368, 1.3355
Resistance: 1.3400, 1.3391
What it said to watch
M15 close above 1.3400 opens the path back toward 1.3420
Failure to hold 1.3368 breaks the higher-low chain
GfK tonight and UK retail sales/PMIs Fri are the week's GBP catalysts
Higher lows off session low, testing 1.3400 pivot.
Asian-session grind higher: GBPUSD recovered off the 1.33547 session low and is now pressing the 1.3400 pivot flagged as resistance, with RSI(14) around 71 running hot. Price has cleared the 1.3374 swing and holds above both EMAs, but 1.3400 has repeatedly capped this week.
Support: 1.3374, 1.3368, 1.33547
Resistance: 1.3400, 1.33913, 1.33951
What it said to watch
M15 close above 1.3400 opens the path toward the 1.33951 spike high
Failure to hold 1.3374 breaks the higher-low chain
UK Retail Sales (06:00 UTC) and PMIs (08:30 UTC) are the session's key GBP catalysts
GBPUSD recovered from the 1.33547 swing low and is grinding up toward 1.3390 in thin Asia trade, RSI(14) mid-60s. Price retested 1.3380 as support and holds above it, but the 1.3400 psych pivot caps the recovery with GBP heavy sub-1.3400 after soft UK CPI.
Support: 1.3380, 1.33683, 1.33547
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3390 opens the path toward the 1.3400 psych pivot
Loss of the 1.33683 range low reopens the 1.33547 swing low
GBPUSD ground higher through the Asia session off the 1.33547 low, reclaiming the 1.3383 area and now pressing the 1.3390 prior high. Move sits under the 1.3400 pivot, where the digest flags GBP staying heavy on UK fiscal risk.
Support: 1.3374, 1.33677, 1.33547
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3400 opens path toward the recent high
Failure to hold 1.3374 stalls the recovery and reopens 1.33677
UK Retail Sales/PMIs Friday are the week's key GBP catalysts
GBPUSD based at 1.3355 and has ground back up on a chain of higher lows, now testing the 1.3385 area with price above both EMAs and RSI(14) at 61. Sterling stays pinned below the 1.3400 pivot after soft UK CPI, with 1.3390 session high as the immediate cap.
Support: 1.3368, 1.33547, 1.33656
Resistance: 1.3390, 1.3400, 1.33951
What it said to watch
M15 close above 1.3400 pivot would open room toward 1.33951
Failure to hold rising support / 1.3368 reopens the 1.3355 session low
GfK tonight and Fri UK retail sales/PMIs are the week's GBP catalysts
Quiet Asia session drifting higher to 1.3385 after the 1.33547 swing low was swept and reclaimed during the prior NY-into-Asia handover. GBP remains pinned below the 1.3400 pivot and 50-day EMA per this week's soft UK CPI; 1.3390 session high is the near-term cap.
Support: 1.3372, 1.33547
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3400 pivot opens path toward the 50-day EMA zone
Loss of 1.33720 re-exposes the 1.33547 swing low
GfK Consumer Confidence tonight (23:01 UTC) and Fri retail sales/PMIs are the key GBP catalysts
02:17 UTC
Recovering off day low, momentum easing · RSI 59 · price 1.33837
Higher lows since the 1.3355 low, coiling below 1.3390.
GBPUSD recovered from the 1.33547 day low to grind back toward the session high near 1.3390 through London-NY, then flattened in thin Asia trade (last bar volume 37). Price holds above EMA20/50 with RSI(14) mid-range, pinned just below the 1.3400 pivot after soft UK CPI kept Sterling heavy.
Support: 1.3368, 1.33547
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.33900 opens the 1.3400 pivot
Failure to hold 1.33680 exposes the 1.33547 day low
UK Retail Sales/PMIs later Fri are the week's GBP catalysts
02:16 UTC
Uptrend, grinding into resistance · RSI 61 · price 1.33837
Ascending lows below 1.3400 pivot.
GBPUSD ground back off the 1.33547 session low to press 1.3384, holding an ascending-lows structure but still capped below the 1.3390 prior high and the 1.3400 pivot after soft UK CPI kept Sterling heavy. RSI(14) mid-60s, no extreme; move is a recovery into resistance rather than a break.
Support: 1.3374, 1.33547
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3390 opens the path to the 1.3400 pivot
Failure to hold 1.3374 reopens the 1.33547 session low
UK Retail Sales (Fri 06:00 UTC) and PMIs are the next GBP catalysts
Asia session has ground the pair back up from the 1.3368 range low toward the 1.3383 pivot (50-day EMA), with RSI mid-range near 61. Price still capped below 1.3400 as GBP stays heavy under the fiscal/CPI overhang; buyers stepped in twice around 1.3368 during the quiet late session.
Support: 1.3368, 1.33547
Resistance: 1.33835, 1.33906
What it said to watch
M15 close above 1.33835 opens the path back toward the 1.3400 pivot
Failure to hold 1.33680 reopens the 1.33547 swing low
UK Retail Sales (Fri 06:00 UTC) and PMIs are the week's key catalysts
Higher lows off session low, coiling under 1.3386.
Asia session ground higher off the 1.33547 low, building a chain of higher lows into the 50-day EMA zone around 1.3383. Price is now coiling under the 1.33859 session high with RSI(14) mid-range; GBP still pinned below the 1.3400 pivot per the sticky-core CPI read.
Support: 1.3368, 1.33547
Resistance: 1.33859, 1.33904, 1.3400
What it said to watch
M15 close above 1.33859 opens the path to the 1.33904 prior high and 1.3400 pivot
Loss of the 1.33680 swing low breaks the higher-low chain
UK Retail Sales (06:00 UTC) and PMIs are the session's key catalysts
01:47 UTC
Recovering, micro-uptrend within range · RSI 64 · price 1.33821
Higher lows off session base, capped sub-1.3400.
Asia session grinding higher off the 1.3368 base, GBPUSD has reclaimed the mid-range and is edging toward the 1.3390 session high with RSI(14) near 64. Broader 24h action stays boxed 1.3355–1.3390, keeping the 1.3400 psych cap intact after yesterday's soft UK CPI kept sterling offered.
Support: 1.33677, 1.33547
Resistance: 1.33904, 1.3400
What it said to watch
M15 close above 1.3390 opens the 1.3400 psych cap
Loss of 1.3368 swing low reopens the 1.3355 session low
US jobless claims 12:30 UTC could shift USD tone later in the session
01:47 UTC
Recovery off session low, drifting up · RSI 57 · price 1.33821
Consolidation capped sub-1.3400.
GBPUSD ground back up from the 1.3355 session low toward the 50-day EMA at 1.3383 through the quiet Asia session, sterling still heavy after yesterday's soft UK CPI. Price is pinned sub-1.3400 with RSI(14) near neutral; no momentum extreme in play.
Support: 1.3368, 1.33547
Resistance: 1.3383, 1.33951, 1.3400
What it said to watch
M15 close above 1.33830 opens a retest of the 1.33951 session high
Failure to hold 1.33680 reopens the 1.33547 session low
GfK Consumer Confidence (Thu 23:01 GMT) and Fri UK Retail Sales are the near-term GBP catalysts
Price bounced off the 1.33547 swing low made during the London-NY session, consolidated along a 1.3368 floor, and is now grinding back to the 1.3384 session high in thin Asia-hours flow. RSI(14) near 58, neutral; sterling stays pinned sub-1.3400 after this week's soft UK CPI.
Support: 1.3368, 1.33547
Resistance: 1.3384, 1.3390, 1.3400
What it said to watch
M15 close above 1.3384 opens a retest of 1.339 and the 1.3400 cap
Loss of the 1.3368 range floor exposes the 1.33547 swing low
UK GfK Consumer Confidence Thu 23:01 GMT could shift this read
Quiet Asia session, thin volume. GBPUSD has ground back up from a 1.3368 base to test the 1.3383 50-day EMA cap flagged in the macro read after soft UK CPI kept sterling pinned sub-1.3400. RSI(14) near 61, no extreme.
Support: 1.3368, 1.3355, 1.3340
Resistance: 1.3383, 1.3390, 1.3400
What it said to watch
M15 close above 1.3400 clears the round-number cap and opens 1.3390-plus continuation
Failure to hold 1.3368 reopens the 1.3355 session low
UK GfK confidence (Thu 23:01 GMT) and Fri Retail Sales/PMIs are the week's GBP catalysts
Consolidation below 1.3400, rising lows into Asia.
Asia session grinding higher off the 1.3355 session low, reclaiming 1.3380 on thin liquidity, but still pinned well below the 1.3400 cap. RSI(14) neutral around 58 and ATR compressed near 5 pips — no expansion in play yet.
Support: 1.3368, 1.33547
Resistance: 1.33905, 1.3400
What it said to watch
M15 close above 1.33905 opens a retest of the 1.3400 cap
Failure to hold 1.33680 reopens the 1.3355 session low
GfK Consumer Confidence (Thu 23:01 GMT) is the next GBP catalyst
Higher lows since 1.33547, grinding into resistance.
GBPUSD carved a session low at 1.33547 during the prior NY session and has ground back up to 1.33815 through the Asia session, printing higher lows. Price sits below the 1.3400 cap that has held all week since the soft UK CPI print; RSI(14) mid-range near 61 with no extreme.
Support: 1.3367, 1.33547
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.339 opens the path to the 1.3400 cap
Failure to hold 1.3367 reopens the 1.33547 session low
GfK Consumer Confidence (Thu 23:01 GMT) and Fri Retail Sales/PMIs are the near-term GBP catalysts
GBPUSD recovered from the 1.33547 session low and is grinding higher through thin Asian-session trade, now testing the 1.3383 50-day EMA. Sterling stays pinned sub-1.3400 after yesterday's mixed UK CPI; RSI(14) near 64, room before overbought.
Support: 1.3374, 1.33656, 1.33547
Resistance: 1.3383, 1.33906, 1.3400
What it said to watch
M15 close above 1.33906 opens the path to the 1.3400 cap
Failure to hold 1.33740 reopens the 1.33547 session low
GfK Consumer Confidence Thu 23:01 GMT could shift the near-term read
GBPUSD is grinding sideways in a thin Asian session, drifting up from 1.3368 to 1.3376 after soft UK CPI kept sterling pinned below 1.3400. Price holds above the 1.3355 session low but remains capped under the 1.3390 swing high; RSI(14) neutral near 54, ATR compressed to ~6 pips.
Support: 1.33547, 1.33656
Resistance: 1.33906, 1.3400
What it said to watch
M15 close above 1.3390 opens the path to the 1.3400 psych cap
Failure to hold 1.33547 session low confirms a lower low
GfK Consumer Confidence Thu 23:01 GMT and Retail Sales Fri 06:00 GMT are the near-term GBP catalysts
00:46 UTC
Sideways, mild late recovery · RSI 56 · price 1.3376
Consolidation sub-1.3400.
GBPUSD stayed pinned sub-1.3400 through the session after soft UK headline CPI, dipping to 1.3355 before buyers reclaimed the 1.3368 range low. Late Asia hours are quiet and thin, drifting back to 1.3376 with RSI near neutral.
Support: 1.3368, 1.3355
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3390 opens the 1.3400 psych cap
Loss of 1.3368 range low reopens the 1.3355 session low
GfK Consumer Confidence Thu 23:01 GMT could shift this read
Asia session has ground quietly higher from the 1.3368 range floor to 1.3375 on thin volume, but price stays pinned well below the 1.3400 cap after yesterday's soft UK CPI kept GBP offered. RSI(14) neutral near 57, no momentum extreme; consolidation intact.
Support: 1.3368, 1.3355
Resistance: 1.3383, 1.3400
What it said to watch
Close above 1.3383 (50-day EMA cap) opens the path back toward 1.3400
Break below 1.3368 range floor exposes the 1.3355 swing low
GfK Consumer Confidence Thu 23:01 GMT could shift the GBP read
GBPUSD is pinned in a tight Asian-session range around 1.3370-1.3376 after the NY session swept 1.3355 and bounced to 1.3390. Price stays capped below the 1.3400 handle following yesterday's soft UK CPI print; RSI(14) sits neutral near 52.
Support: 1.3370, 1.3355
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3400 invalidates the capped read and opens the 50-day EMA reclaim
Break below 1.3370 exposes the 1.3355 swing low
GfK Consumer Confidence (Thu 23:01 GMT) and Retail Sales (Fri) are the near catalysts that could break this range
London/NY sold GBPUSD into 1.3355 before a bounce back to 1.3390, and the Asian session is now drifting in a thin 1.3368–1.3376 range. Sterling stays pinned below the 1.3400 cap after the soft UK CPI print, RSI sitting neutral near 51.
Support: 1.3368, 1.3355
Resistance: 1.3390, 1.3400
What it said to watch
M15 close above 1.3390 opens a retest of the 1.3400 cap
Loss of 1.3368 exposes the 1.3355 swing low
GfK confidence Thu 23:01 GMT and Retail Sales Fri 06:00 GMT are the near-term GBP catalysts
00:16 UTC
Sideways, consolidating after drop · RSI 49 · price 1.33737
Tight range post London-NY selloff and bounce.
GBPUSD is coiling in a tight 1.3368–1.3376 band through thin Asia-session hours after London-NY sold to a 1.33547 low and bounced. Price sits around the 50% mark of that drop with RSI near neutral; sterling stays pinned sub-1.3400 following yesterday's soft headline CPI.
Support: 1.3368, 1.33547
Resistance: 1.3376, 1.33808, 1.3400
What it said to watch
Close above 1.3376 and 1.33808 opens the path to the 1.3400 cap
Break below 1.33547 confirms a lower low
GfK Consumer Confidence Thu 23:01 GMT could shift this read
GBPUSD is grinding a tight Asia-session range between the 1.3368 asia low and the 1.3379 range top after NY drifted off the 1.3390 prior high; volume is thin and RSI sits neutral. Price stays pinned sub-1.3400 near the 50-day EMA following yesterday's soft UK CPI print.
Support: 1.3368, 1.33547
Resistance: 1.3379, 1.33904, 1.3400
What it said to watch
M15 close above 1.33790 range top opens the 1.3400 psych cap
Break below 1.33680 asia low exposes the 1.33547 swing low
UK GfK confidence (Thu 23:01 GMT) and Retail Sales (Fri) are the near catalysts
00:01 UTC
Sideways, no momentum · RSI 55 · price 1.33754
Consolidation sub-1.3400.
GBPUSD is grinding sideways through thin Asian-session trade, drifting up from the 1.3367 session base toward 1.3375 on low volume after soft UK CPI kept sterling pinned. Price remains capped below the 50-day EMA at 1.3383 and the 1.3400 handle; the earlier drop to the 1.33547 swing low has been retraced but momentum is flat with RSI near neutral.
Support: 1.3367, 1.33547
Resistance: 1.3383, 1.33951, 1.3400
What it said to watch
Close above 1.3383 (50d ema) opens the 1.3400 psych cap
Break below the 1.33547 swing low confirms a lower low
GfK Consumer Confidence Thu 23:01 GMT and Retail Sales Fri 06:00 GMT are the near-term GBP catalysts