Cable has trended lower since Monday, sliding from the 1.3270 area to a 1.3140 week low as weak UK flash PMIs met broad USD strength ahead of Thursday's US PCE. Price is now consolidating in a tight 1.3155-1.3170 band into the late session, holding above the 1.3140 floor but capped well below the falling EMA20 near 1.3175. RSI(14) sits in the low-40s, ticking up off the lows without breaking the lower-high structure.
Support: 1.3140, 1.3110
Resistance: 1.3175, 1.3200, 1.3235
What it said to watch
H1 close below 1.3140 confirms a lower-low and opens 1.3110
Reclaim of 1.3200 round number would challenge the lower-high sequence
US PCE Thursday is the key USD driver for the next leg
GBPUSD ground lower through the week on UK PMI misses and a broad USD bid into Thursday's PCE, carving a week low at 1.3140 before stabilising around 1.3160. Price is hugging EMA20 while EMA50 caps near 1.3185, and RSI(14) has recovered off the oversold readings made on the slide. The late bounce has been shallow, leaving the June downtrend structure intact.
Support: 1.3140, 1.3110
Resistance: 1.3185, 1.3235
What it said to watch
H1 close below 1.3140 confirms a lower low and opens 1.3110
Reclaim of 1.3185 needed to challenge the 1.3235 prior high
US PCE Thursday is the key USD risk into the next sessions
Cable broke down through 1.3160 during yesterday's NY session, sliding to a 1.31399 week low as the USD pushed to fresh highs and UK June PMIs missed across the board. Price is now basing in a tight 1.3155–1.3170 band below EMA20 and EMA50, with RSI recovering off oversold but capped under 50. The June downtrend remains intact, with lower highs stacked since the slide.
Support: 1.31399, 1.3111
Resistance: 1.31954
What it said to watch
H1 close below 1.31399 confirms a lower-low and opens 1.3110
Reclaim of 1.31954 needed to unwind the week's down move
US Core PCE Thursday could materially shift this read
Cable extended its June downtrend this week, sliding from Monday's 1.3273 high to a 1.3140 low into the NY session as the USD pressed fresh highs and UK flash PMIs missed across the board. Price has since stabilised in a tight 1.3155–1.3175 band just above the 1.3160 major support, with RSI(14) recovering off its lows but still capped below 50. Both EMAs sit overhead and rallies have struggled to clear 1.3179.
Support: 1.3160, 1.3140, 1.3110
Resistance: 1.3179, 1.3220, 1.3235
What it said to watch
H1 close below 1.3140 confirms a lower-low and opens 1.3110
Reclaim of 1.3179 needed to challenge the 1.3220 prior range
US PCE Thursday could materially shift this read
21:01 UTC
Downtrend, attempting to stabilise · RSI 43 · price 1.31675
Sequence of lower highs and lower lows, basing near week low.
Cable has trended lower all week on soft UK June flash PMIs (Services 48.7, Composite 49.4) against broad USD strength, sliding from the 1.3273 high into a 1.3140 swing low before a shallow bounce to 1.31675. Price sits below EMA20 and EMA50 with RSI(14) holding in the low-40s; the 1.3160 major support is being tested as the immediate pivot, with 1.3180 session high capping the rebound.
Support: 1.3160, 1.3140, 1.3110
Resistance: 1.3180, 1.3200, 1.3235
What it said to watch
Hourly close below 1.3160 major support opens the path toward 1.3110 downside tgt
Reclaim above 1.3180 session high and 1.3200 prior supp would challenge the downtrend
US Core PCE Thursday could materially shift the USD leg driving this read
Cable has trended lower all week, accelerating through the NY session yesterday as the USD pushed to fresh highs on hawkish-Fed bets while soft UK flash PMIs weighed on sterling. Price now sits below EMA20 and EMA50, basing in a tight 1.3155–1.3170 band just above the 1.3140 swing low after the leg down from 1.3273. RSI(14) at ~42 reflects fading downside momentum rather than a turn.
Support: 1.31399, 1.3110
Resistance: 1.3175, 1.32089, 1.3235
What it said to watch
US Core PCE Thu 12:30 UTC could materially shift this USD-driven read
Hourly close below 1.3140 confirms a fresh lower-low and opens 1.3110
Reclaim of 1.3175 EMA20 would neutralise the near-term downtrend
Cable has trended lower all week, with the dominant leg coming in the NY session as price broke the 1.3160 support and printed 1.3140. The move tracks broad USD strength at 13-month highs against weak UK flash PMIs and political instability. A late-session bounce has carried back to retest the 1.3160 broken support; RSI(14) near 41 reflects easing downside momentum rather than a turn.
Support: 1.3140, 1.3110
Resistance: 1.3160, 1.3179
What it said to watch
Sustained reclaim of 1.3160 would soften the breakout read and open 1.3180
Loss of 1.3140 confirms the lower-low and exposes 1.3110
US Core PCE Thu 12:30 UTC could materially shift this read
GBPUSD has been in a downtrend since midweek, pressured by the run of UK PMI misses and a USD sitting at 13-month highs. Price slid to a 1.3140 swing low before a shallow bounce, but trades below both EMA20 and EMA50 with RSI(14) recovering only into the low 40s. The 1.3160 area — the key context support — is being retested after the bounce stalled near 1.3172.
Support: 1.3140, 1.3110
Resistance: 1.3172, 1.3200, 1.3235
What it said to watch
Hourly close below 1.3140 confirms a lower-low and opens 1.3110
Reclaim of 1.3200 needed to challenge the down-channel resistance
US Core PCE Thursday could materially shift this read
Cable has carved a clean lower-high sequence since the 1.3273 week high, accelerating lower through the 1.3160 support as weak UK flash PMIs met a 13-month-high USD. Price sits at 1.3156, below EMA20 and EMA50, with RSI(14) holding in the low-40s and no bullish divergence on the latest low at 1.3140. A late-session bounce to 1.3179 was sold, keeping the descending structure intact.
Support: 1.3140, 1.3111
Resistance: 1.3179, 1.3201, 1.32729
What it said to watch
H1 close back above 1.3170 session high needed to negate the week's lower-high sequence
Loss of the 1.3140 swing low opens the 1.3110 area
US PCE Thursday could materially shift the USD leg of this read
Cable has been on the defensive all week, with the dominant leg lower coming through the last NY session as price broke the 1.3160 shelf and tagged 1.31399 — the soft UK flash PMIs and a firmer USD ahead of PCE the backdrop. Price sits below EMA20 and EMA50 with RSI(14) cycling in the low 40s; a late bounce to 1.31788 faded back under 1.3160. Each rebound this week has stalled at a progressively lower high.
Support: 1.31399, 1.3111
Resistance: 1.31788
What it said to watch
Hourly close back above 1.31788 would challenge the lower-high structure
Loss of 1.31399 confirms continuation toward the 1.3110 area
US PCE Thursday could materially shift the USD leg and this read
18:01 UTC
Downtrend, late bounce off lows · RSI 44 · price 1.31715
Lower highs and lower lows, holding above week low.
Cable has trended lower all week, sliding from 1.3273 into a 1.3140 swing low after the run of soft UK June PMIs collided with a USD sitting at 13-month highs. The 1.3160 shelf gave way during the NY session before a shallow bounce lifted price back to 1.3172, but rallies keep stalling below EMA(20) with RSI(14) only recovering toward the mid-40s. Structure stays defined by lower highs and lower lows.
Support: 1.3140, 1.3110
Resistance: 1.3179, 1.3200, 1.32089
What it said to watch
H1 close below 1.31400 confirms a fresh lower low and opens the 1.3110 area
Reclaim of 1.32000 would challenge the lower-high sequence
US PCE Thursday could materially shift the USD leg driving this read
18:01 UTC
Downtrend, bouncing off lows · RSI 44 · price 1.31715
Lower highs, lower lows; fresh week low printed.
Cable extended its June slide through the NY session yesterday, breaking 1.3160 and sweeping a fresh week low at 1.31399 as USD held 13-month highs on hawkish-Fed bets while soft UK June PMIs weighed on sterling. Price sits below both EMA(20) and EMA(50) with a late bounce stalling near 1.3178; the recovery has only retraced about 23% of the drop from the 1.32729 week high. RSI(14) is recovering off oversold but remains sub-50, consistent with corrective rather than impulsive strength.
Support: 1.31399, 1.3160, 1.3110
Resistance: 1.31788, 1.3200, 1.3235
What it said to watch
Hourly close back above 1.3200 would challenge the lower-high structure
Failure to hold 1.31600 reopens 1.31100 downside objective
US PCE (Thu) and Fed speakers could materially shift the USD leg of this read
Lower highs, lower lows; broke this-week range floor.
Cable has trended lower all week, accelerating through the NY session with a clean break below the 1.3180 floor on the run of UK PMI misses and broad USD strength at fresh highs. Price sits below both EMA20 and EMA50 with RSI(14) pressed into the high-30s after tagging 1.3140. The bounce off that swing low has been shallow, stalling near 1.3158.
Support: 1.3140, 1.3110
Resistance: 1.3195
What it said to watch
H1 close below 1.3140 confirms a fresh lower-low and opens 1.3110
Reclaim of 1.3195 prior floor needed to neutralise the downtrend
US PCE Thu 12:30 UTC could materially shift this read
Lower highs and lower lows, 1.3160 support broken.
Cable has trended lower all week on UK weakness — sub-50 flash PMIs and political risk — against a USD pressing 13-month highs. Price slid through the 1.3160 support during the NY session and printed a fresh swing low at 1.31399, holding below EMA20 and EMA50. RSI(14) near 37 reflects sustained downside pressure without yet reaching oversold.
Support: 1.31399, 1.3110
Resistance: 1.3198
What it said to watch
Hourly close back above 1.3198 prior support would neutralise the breakdown
Failure to reclaim 1.3160 keeps the path open toward the 1.3110 objective
US PCE Thu 12:30 UTC is the key near-term driver and could reshape this read
16:01 UTC
Downtrend, fresh lows · RSI 32 · price 1.31495
Range break lower, printing lower highs and lower lows.
GBPUSD lost the 1.3180-1.3280 weekly range during the NY session, sliding to fresh lows near 1.3140 with sterling pinned by the UK PMI miss and political risk against a dollar at one-year highs. Price trades below both EMA20 and EMA50, RSI(14) in the low 30s confirming the downside momentum. The 1.3160 pivot now caps as prior support flips to resistance.
Support: 1.3140, 1.3110
Resistance: 1.3160, 1.3195, 1.3225
What it said to watch
Close below 1.3140 swing low opens the path to the 1.3110 target
Reclaim of the 1.3160 pivot would ease the breakdown read
US PCE Thursday is the key catalyst with no UK data left this week
GBPUSD held a 1.3200-1.3265 range earlier in the week before breaking down sharply through the NY session, slicing the 1.3160 pivot and printing a fresh low at 1.3140 as USD pressed a 13-month high and UK PMI/political weakness capped any bounce. Price sits well below EMA(20) and EMA(50) with RSI(14) in oversold territory after the impulse. The last bar shows a shallow stall just under 1.3150 rather than a recovery.
Support: 1.3140, 1.3110
Resistance: 1.3160, 1.3195, 1.3235
What it said to watch
Failure to hold 1.3140 opens the path to 1.3110
An H1 close back above the 1.3160 pivot would negate the breakdown
US PCE Thursday is the key catalyst with no UK data left — a hot print extends downside
15:01 UTC
Downtrend, fresh lows · RSI 38 · price 1.31606
Lower highs and lower lows, range broken down.
GBPUSD extended this week's slide, breaking below the 1.3160 pivot into the NY session as the UK PMI miss and political risk kept sterling on the back foot against a broadly bid dollar. Price trades below EMA20 and EMA50 with RSI cycling in the mid-30s, and today's low at 1.31415 marks the latest lower low. Bounces have stalled well under the 1.3200 round level.
Support: 1.3160, 1.31415, 1.3110
Resistance: 1.3200, 1.3235
What it said to watch
Hourly close back above the 1.3160 pivot would ease the downside pressure
Break of the 1.31415 swing low opens the 1.3110 down target
US PCE Thursday 12:30 UTC could materially shift this read
GBP/USD has rolled over through the NY session, breaking the 1.3180-1.3280 range that held since Monday and printing a fresh weekly low at 1.31415 as the soft UK PMI miss and broad USD strength weighed. Price sits below EMA20 and EMA50 with RSI(14) pinned near 36 after the impulsive leg lower; the 1.3160 pivot is now the immediate battleground. The bounce off 1.31415 has been shallow, leaving structure firmly lower-high/lower-low.
Support: 1.31415, 1.3110
Resistance: 1.3200, 1.3228
What it said to watch
US PCE Thursday is the immediate driver — a hot print pressures 1.31100
Hourly close back above 1.32000 psych would neutralise the breakout
Failure to hold the 1.31415 week low confirms continuation lower
Cable has been pinned below EMA(20) all week and accelerated lower into the NY session today, slicing through the 1.3160 line-in-the-sand to print a fresh week low at 1.31415 on the back of UK political risk and a broadly firm dollar. RSI(14) is oversold near 30 with no bullish divergence yet, and the last close at 1.31499 sits just above the day's low. 1.3160 now caps as prior support flips to resistance.
Support: 1.31415, 1.3110
Resistance: 1.3160, 1.3200
What it said to watch
US Core PCE Thursday 12:30 UTC is the dominant near-term catalyst for this pair
An hourly close below 1.31415 confirms continuation toward 1.3110
Reclaim of 1.3160 would invalidate the breakdown and open 1.3200
14:01 UTC
Downtrend, accelerating · RSI 30 · price 1.31499
Lower highs and lower lows, fresh week low.
Cable has trended lower all week from Monday's 1.3252 open, with the slide accelerating through the NY session as price broke the 1.3160 line in the sand and printed a fresh week low at 1.31415. The move follows broad USD strength and UK political/fiscal risk; RSI(14) is oversold near 30 and price sits well below EMA20 and EMA50. Selling momentum is clean — each pullback this week has stalled below prior lows.
Support: 1.31415, 1.3110
Resistance: 1.3160, 1.3195
What it said to watch
Hourly close back above 1.3160 broken support would neutralise the breakout read
Sustained trade below 1.31415 swing low opens the 1.3110 next target
US Core PCE Thursday is the dominant near-term catalyst and could materially shift this read
Cable has trended lower all week beneath EMA(20) and EMA(50), printing a fresh low at 1.31483 in the NY session as USD pushed to a 13-month high and UK political/fiscal risk weighed. The 1.3160 line in the sand gave way before a modest bounce to 1.31646; RSI(14) near 36 reflects the extended slide. Prior support at 1.3195 now caps, with 1.3110 the downside reference flagged by the macro read.
Support: 1.31483, 1.3110
Resistance: 1.3160, 1.3195
What it said to watch
Failure to reclaim 1.3160 keeps the lower-low structure intact toward 1.3110
H1 close back above 1.3195 would neutralise the breakdown read
US Core PCE Thursday 12:30 UTC is the dominant near-term catalyst for this pair
13:01 UTC
Downtrend, accelerating · RSI 34 · price 1.31646
Lower highs and lower lows, probing 1.3160.
Cable has trended lower all week off the 1.3273 high, sliding through the NY session as USD pushed to fresh highs and UK political/PMI risk weighed. The latest leg swept the 1.3148 session low before closing back at 1.3165, leaving price pinned on the 1.3160 line in sand with RSI(14) stretched into oversold territory. Both EMA20 and EMA50 cap from above and rallies have stalled at successive lower highs.
Support: 1.3160, 1.3148, 1.3110
Resistance: 1.3200, 1.3235, 1.3265
What it said to watch
Hourly close below 1.3160 opens the path toward 1.3110
Reclaim of 1.3200 psych level needed to ease downside pressure, with 1.3235 range top above
US PCE Thursday is the dominant catalyst and could materially shift this read
12:01 UTC
Downtrend, accelerating into lows · RSI 34 · price 1.31564
Lower highs, fresh weekly low below 1.3160.
Cable has ground lower under EMA20 since the 1.32729 high, with each NY-session rally capped at successively lower highs as USD strength and UK political risk weigh. The last two bars accelerated through the 1.3160 line in the sand to print a fresh weekly low at 1.31548, breaking the prior 1.3180-1.3280 range floor. RSI(14) near 34 reflects the momentum but is not yet at an extreme.
Support: 1.31548, 1.3110
Resistance: 1.3160, 1.3180, 1.3235
What it said to watch
Hourly close back above 1.3160 invalidates the break and reopens the range floor at 1.3180
Sustained acceptance below 1.31548 opens the path toward the 1.3110 next target
US PCE Thursday is the dominant near-term catalyst and could materially shift this read
Cable broke the heavily-watched 1.3160 support during the NY session and printed a fresh low at 1.3155, extending a week of grind lower as weak UK flash PMIs (Services 48.7) and political risk left sterling a G10 laggard against a broadly firm dollar. Price has held below EMA20 and EMA50 throughout the slide with RSI(14) pressed into oversold territory. The 1.3110 area cited as the next reference comes into view while 1.3160 now acts as the broken-support cap.
Support: 1.31548, 1.3110
Resistance: 1.3160, 1.32089, 1.3235
What it said to watch
US PCE Thursday is the dominant near-term catalyst and could materially shift this read
Hourly close back above 1.3160 would invalidate the breakout and reopen 1.32089
Failure to hold the 1.3155 low confirms continuation toward 1.3110
11:01 UTC
Downtrend, fresh lows · RSI 38 · price 1.31742
Lower highs and lower lows, sub-1.3200.
Cable has ground lower all week beneath EMA(20), with the soft UK PMIs and a USD at one-year highs keeping sterling capped below 1.3200. The latest NY session pushed price to fresh lows near 1.3171, breaking the lower edge of the 1.3180–1.3280 range that held earlier in the week. RSI(14) sits in the high-30s, tracking the decline without yet hitting oversold.
Support: 1.31711, 1.3100
Resistance: 1.3200, 1.32475
What it said to watch
Failure to hold 1.3171 confirms continuation toward the 1.31 psych support
An H1 close back above 1.3200 would neutralise the range break
US PCE Thursday is the swing catalyst and could materially shift this read
Cable has ground lower all week, sliding from Tuesday's 1.3273 peak toward 1.3174 as weak UK PMIs and a USD pinned at one-year highs kept sterling on the back foot. Price sits below both EMA(20) and EMA(50), with each NY-session bounce capped under 1.3200 and RSI(14) holding in the high-30s. The 1.3163 week low is the immediate downside marker.
Support: 1.31629, 1.3100
Resistance: 1.3200, 1.3249, 1.32729
What it said to watch
US PCE Thursday is the main directional catalyst with no UK data left this week
Hourly close below 1.3163 confirms a fresh lower-low and opens the 1.3100 area
Reclaim of 1.3200 would neutralise the lower-high sequence
BoE Dhingra speech at 15:00 UTC could add near-term GBP volatility
Cable has ground lower through the week as soft UK PMIs and a USD at 13-month highs weigh, with price now pinned at the 1.3200 round level after rejection off the 1.3273 week high. Successive lower highs hold below EMA50 and price is tracking just under EMA20, while the 1.3250 week-resistance has capped each bounce. The 1.3171 swing low marks the near-term floor ahead of the 1.3100 psych level flagged in the macro read.
Support: 1.3171, 1.3100
Resistance: 1.3200, 1.3250, 1.3273
What it said to watch
Hourly close below 1.3171 confirms a fresh lower low toward 1.3100
Reclaim of 1.3250 would neutralise the lower-high sequence
US PCE Thursday is the swing factor and could materially shift this read
BoE speakers Breeden/Dhingra today may add intraday GBP pressure
10:01 UTC
Downtrend, drifting to range lows · RSI 45 · price 1.31935
Broad range, price pinned to lower half.
Cable has traded a 1.3171–1.3273 range this week and is now camped in the lower half, slipping back under EMA20 after the 1.3273 high was rejected mid-week. Sterling stayed heavy on soft UK June PMIs and political risk while a one-year-high USD capped any bounce; RSI(14) is mid-40s with no momentum to retake 1.3200. Two pushes toward 1.3247 have faded, keeping supply overhead.
Support: 1.31711, 1.3100
Resistance: 1.3200, 1.32475, 1.32729
What it said to watch
H1 close below 1.31711 confirms a lower low, opening the 1.3100 psych level
Reclaim of 1.3200 and EMA20 needed to neutralise the lower-half drift
BoE Breeden (11:20 UTC) and Dhingra (15:00 UTC) today; US PCE Thursday is the cross's main directional catalyst
Cable has ground lower through the week, capped by a descending series of highs after UK flash PMIs missed across the board and a 13-month-high USD pressured the pair. Price now sits below EMA20 and EMA50, consolidating in a tight 1.3180–1.3210 band at the lower edge of the week's range with RSI in the mid-40s. The 1.3180 area has absorbed repeated dips while rallies keep stalling under the EMA20.
Support: 1.3180, 1.3163, 1.3100
Resistance: 1.3195, 1.3247
What it said to watch
Close below 1.3180 opens the triangle-breakdown leg toward 1.3100 support
Reclaim of 1.3195 EMA20 would neutralise the lower-high sequence
US PCE Thursday is the week's key external catalyst and could materially shift this read
BoE Breeden (11:20 UTC) and Dhingra (15:00 UTC) speeches today
Cable has rolled over since the 1.3273 week high, carving a series of lower highs into the NY session yesterday and sliding back toward the 1.3180 session low after soft UK flash PMIs (Services 48.7) and political risk weighed on GBP. Price sits below both EMA20 and EMA50 with RSI(14) parked in the high-30s, and the late bounce off 1.3180 has been shallow. The 1.3200 psych level now caps from above while 1.3163 marks the week low.
Support: 1.3180, 1.3163
Resistance: 1.3200, 1.3247, 1.3273
What it said to watch
H1 close below 1.3180 opens the path to the 1.3163 week low
Reclaim of 1.3200 psych would ease the lower-high pressure
US PCE Thursday is the week's main cable driver
BoE Breeden (11:20 UTC) and Dhingra (15:00 UTC) speeches today could shift the read
Lower highs since Tuesday peak, testing range floor.
Cable has ground down to the 1.3182 range floor since Tuesday's 1.3273 spike, posting a sequence of lower highs after the UK flash PMI miss kept GBP on the back foot versus a 13-month-high USD. Price sits below EMA20 (~1.3197) and EMA50 with RSI(14) subdued in the low 40s, and the 1.3182 area has absorbed three downside probes this week. The 1.3180–1.3280 band still frames the action.
Support: 1.3182, 1.3163, 1.3100
Resistance: 1.3197, 1.3247, 1.3273
What it said to watch
H1 close below 1.3182 confirms a lower-low and opens the path toward 1.31
Reclaim of EMA20 ~1.3197 would ease the lower-high pressure
US PCE Thursday is the week's main cable driver; BoE Breeden/Dhingra speeches today could shift the read
Cable has drifted lower since the mid-week rejection at 1.3273, sliding back beneath EMA(20) and now sitting on the 1.3180 range floor that has held since the week's open. The UK flash PMI miss (Services 48.7) and political risk kept GBP heavy through the NY session yesterday, with RSI(14) holding in the low 40s. Each bounce this week has stalled at lower highs into the 1.3225-1.3280 zone.
Support: 1.3182, 1.31629
Resistance: 1.3197, 1.3228, 1.32729
What it said to watch
H1 close below 1.3180 confirms a lower-low and opens the range-break leg toward 1.3163
Reclaim of EMA(20) near 1.3197 would ease the downside pressure within the range
BoE Breeden (11:20 UTC) and Dhingra (15:00 UTC) speakers today, then US PCE Thursday, are the key catalysts that could break this range
GBPUSD has trended lower all week, sliding from the 1.3312 area after UK flash PMIs missed badly (Services 48.7) and US PMIs beat, reinforcing the firm USD bid. Price is pinned below EMA20 and EMA50 with RSI(14) holding the low 40s, and the last day has compressed into a tight 1.3182-1.3203 consolidation. The 1.3273 week high capped the lone rebound and demand keeps stepping in around the 1.3182 swing low.
Support: 1.3182, 1.3163, 1.3160
Resistance: 1.3235, 1.3273
What it said to watch
H1 close below 1.3182 confirms a lower low and opens the 1.3160 area
Reclaim of 1.3235 EMA20 would neutralise the lower-high structure
BoE's Breeden (11:20 UTC) and Dhingra (15:00 UTC) speeches today could shift this read
07:01 UTC
Downtrend, momentum fading into range · RSI 43 · price 1.31944
Lower highs since midweek, consolidating near week low.
Cable has carved a steady sequence of lower highs since the 1.3273 midweek peak, with sterling pinned by the badly missed UK flash PMIs (Services 48.7) against a USD trading at one-year highs. Price now sits below EMA20 and EMA50, ranging tightly in the low 1.319s just above the 1.3182 swing low, with RSI cycling in the low-40s. The 1.3200 round number has capped the latest recovery attempts.
Support: 1.3182, 1.3160, 1.3100
Resistance: 1.3200, 1.3247, 1.3273
What it said to watch
Loss of 1.3182 confirms a fresh lower-low toward the 1.3160 target
Hourly close back above 1.3200 neutralises the lower-high sequence
BoE's Dhingra (15:00 UTC) and Thursday's US Core PCE could materially shift this read
GBPUSD has ground lower since Monday's open near 1.330 after UK flash PMIs missed and political-succession headlines weighed, with USD at one-year highs capping any recovery. Price is now coiling just under 1.3200 and EMA20, holding above the 1.3182 session lows while RSI(14) hovers in the mid-40s. The 1.3247 range top has rejected the latest bounce, keeping the lower-highs sequence intact.
Support: 1.3182, 1.3163, 1.3100
Resistance: 1.3200, 1.3247, 1.3273
What it said to watch
BoE's Breeden (11:20 UTC) and Dhingra (15:00 UTC) could pressure price toward the 1.3163 week low
H1 close below 1.3182 confirms a lower low and opens the 1.3163 week low
Reclaim of 1.3200 and EMA20 would ease the downside pressure toward 1.3247
Lower highs into a tightening range above week lows.
GBPUSD has trended lower since Monday's open after the soft UK flash PMIs (Services 48.7 vs 50) and leadership-transition headlines, with a firm USD at 1-year highs capping recovery. Price sits below EMA(20) and EMA(50), grinding into the 1.3182 week low after a series of lower highs through the NY sessions; RSI(14) cycling in the low-40s reflects fading downside momentum without a clear turn. The 1.3250 range top has rejected each rebound attempt this week.
Support: 1.3182, 1.3160, 1.3100
Resistance: 1.3250
What it said to watch
Hourly close below 1.3182 confirms a lower low and opens the path to the 1.3160 target
Reclaim of 1.3250 would neutralise the lower-high sequence
BoE's Breeden (11:20 UTC) and Dhingra (15:00 UTC) could materially shift this read
Cable has graded lower since Monday's open, dragged sub-1.3250 after the UK flash Services PMI shocked into contraction (48.7 vs 50.0) against a USD pinned at one-year highs. Price now coils around 1.3200, holding below EMA(20) with RSI(14) cycling in the low-40s, supply repeatedly capping at the 1.3205 intraday level. The 1.3182 swing low and the 1.31629 week low define the downside zone in focus.
Support: 1.3182, 1.31629
Resistance: 1.3205, 1.32475
What it said to watch
H1 close above 1.3205/EMA(20) eases the lower-high sequence
Failure to hold 1.3182 opens the 1.31629 week low
BoE's Breeden (11:20 UTC) and Dhingra (15:00 UTC) speeches could shift the GBP read
Cable rolled over from Monday's 1.3325 area after the UK flash Services PMI shocked into contraction at 48.7, and a one-year-high USD kept the pressure on into this week. Price has since coiled around 1.3200, pinned just under EMA(20) with RSI(14) parked in the low-40s. The 1.3182 swing low has held repeated dips, keeping price in a tight band above the 1.3160 downside zone.
Support: 1.3182, 1.3163
Resistance: 1.3205, 1.3247, 1.3273
What it said to watch
H1 close below 1.3182 confirms a lower low and opens the 1.3160 zone
Reclaim of EMA(20)/1.3205 needed to ease the lower-high structure
BoE's Breeden (11:20 UTC) and Dhingra (15:00 UTC) speeches could shift this read
04:01 UTC
Downtrend, grinding near lows · RSI 43 · price 1.31899
Cable has ground lower since Monday's open, sliding from 1.3273 to the 1.3182 week low after the flash UK Services PMI shocked into contraction (48.7 vs 50.0) against a one-year-high USD. Price is consolidating just above that low, capped under EMA(20) with RSI(14) parked in the low 40s. The 1.3205 pivot has held back recent recovery attempts through the Asia session.
Support: 1.3182, 1.3160
Resistance: 1.3205, 1.3247, 1.3273
What it said to watch
H1 close above 1.3205 would break the descending-highs structure
Break below 1.3182 confirms a lower low, opening the 1.3160 zone
BoE's Breeden (11:20 UTC) and Dhingra (15:00 UTC) speeches could shift the read
Cable has ground lower all week after the flash UK Services PMI shocked into contraction at 48.7, with price now coiling in a tight 1.3182–1.3205 base after Monday's leg down. Price sits below EMA20 and EMA50, but RSI(14) is basing near 41 against a flatter low — a mild bullish divergence as the selloff decelerates into the Asia session. Supply continues to cap rebounds near the 1.3213 EMA20 zone.
Support: 1.3182, 1.31629, 1.3160
Resistance: 1.3213, 1.32475
What it said to watch
H1 close below 1.31820 confirms a lower-low toward 1.3160
Reclaim of 1.3213 EMA20 zone would ease the bearish structure
BoE Breeden (11:20 UTC) and Dhingra (15:00 UTC) speeches could shift this read
Cable rolled over from this week's 1.3273 high into the NY session and slipped back beneath the 1.3203 range floor after soft UK PMIs, holding 7-month-low territory. Price is now coiling around 1.3200 with both EMA(20) and EMA(50) capping overhead and RSI(14) flat in the mid-40s. The prior-week low at 1.3160 sits as the next reference below.
Support: 1.3182, 1.3160
Resistance: 1.3203, 1.3247, 1.3273
What it said to watch
H1 close back above 1.3203 needed to neutralise the breakdown read
Loss of 1.3182 opens the path toward 1.3160
BoE speakers Breeden (11:20 UTC) and Dhingra (15:00 UTC) could shift this read
Cable slid from Monday's 1.3317 open into the 1.3190s after UK flash PMIs contracted (Services 48.7) and the Starmer resignation, against a firm USD at a 1-year high. Since then price has ranged 1.3205-1.3270, and the prior range floor at 1.3205 has now flipped to resistance with the pair pinned near 1.3200. RSI(14) sits sub-50 and price holds below both EMA20 and EMA50.
Support: 1.3182, 1.31629, 1.3160
Resistance: 1.3205, 1.3247, 1.32729
What it said to watch
H1 close below 1.31820 confirms a lower-low and opens the 1.3160 uob target
Reclaim of 1.3205 range floor would ease the downside pressure
BoE speakers Breeden (11:20 UTC) and Dhingra (15:00 UTC) could shift the rate-path tone
Lower highs into a tight range above the weekly low.
Cable has bled lower since Monday's open, sliding from 1.3316 toward fresh 7-month-low territory after the soft UK flash PMIs (Services 48.7) and Starmer's resignation met a 13-month-high USD. The bounce to 1.3273 mid-week has faded into a tight consolidation just above the 1.3182 session low, with EMA20 around 1.3225 capping each attempt. RSI(14) sits in the low-40s, reflecting weak but not yet stretched momentum.
Support: 1.3182, 1.3163, 1.3205
Resistance: 1.3225, 1.3249, 1.3273
What it said to watch
Hourly close below 1.3182 exposes the 1.3163 week low
Reclaim of 1.3225 EMA20 and 1.3249 would break the lower-high sequence
BoE speakers Breeden (11:20 UTC) and Dhingra (15:00 UTC) could shift the rate-path tone and this read
Cable has bled lower through the week from the 1.3325 area toward fresh 7-month-low territory, with sterling pressured by the sub-50 UK PMIs (Services 48.7) and political limbo against a USD pinned at one-year highs. Price has been pinned under EMA(20) since the NY session, now coiling in a tight 1.3182–1.3203 band through the Asia session with RSI(14) flat around 41. The 1.3215 EMA(20) has capped each bounce; 1.3182 is the near-term floor being tested.
Support: 1.3182, 1.3168, 1.3160
Resistance: 1.3215, 1.32475, 1.32729
What it said to watch
H1 close above 1.32150 reclaims EMA20 and softens the downtrend read
Failure to hold 1.31820 opens the 1.3168 week low and 1.3160 area
BoE speakers Breeden (11:20 UTC) and Dhingra (15:00 UTC) could shift the rate-path tone and this read
Cable has trended lower since Monday's open after the sub-50 UK flash PMIs (Services 48.7) met a firm, hawkish-Fed USD near 13-month highs, slipping to fresh 7-month-low territory around 1.3160 before a mid-week bounce to 1.3273 faded. Price has since rolled back under the 1.3205 range floor and is consolidating tightly through the Asia session near 1.3200, holding below EMA(20) and EMA(50). RSI(14) sits in the low-40s, off oversold but lacking upside drive.
Support: 1.3182, 1.3163, 1.3160
Resistance: 1.3205, 1.3247, 1.3273
What it said to watch
Sustained H1 close below 1.3205 keeps the path open toward 1.3160
Reclaim of 1.3247 would challenge the lower-highs structure
BoE speakers Breeden (11:20 UTC) and Dhingra (15:00 UTC) could shift the rate-path tone and this read
Cable has drifted back to the 1.3205 range floor after Wednesday's bounce stalled at 1.3273, with the soft UK PMI prints (Services 48.7) and a firm USD keeping price pinned at 7-month-low territory. Price sits below both EMA(20) and EMA(50), and RSI(14) is soft in the low-40s without yet reaching oversold. The 1.3182 swing low is the next reference below the floor.
Support: 1.3182, 1.3163
Resistance: 1.3205, 1.3248, 1.3273
What it said to watch
Hourly close below 1.3182 opens the 1.3163 week low
Reclaim of 1.3248 would ease the lower-high pressure
BoE speakers Breeden (11:20 UTC) and Dhingra (15:00 UTC) could shift the rate-path read
Cable has trended lower since Monday's 1.3300 open, dragged by soft UK flash PMIs (Services 48.7) and a firm hawkish-Fed USD near 13-month highs. Price slipped under the 1.3205 range floor into the Asia session and is now coiling on thin volume just above 1.3200, holding below both EMAs with RSI sub-45. The 1.3247–1.3275 zone has capped every bounce this week.
Support: 1.3182, 1.3163
Resistance: 1.3205, 1.3247, 1.3275
What it said to watch
Sustained trade below 1.3205 keeps the path open toward 1.3160
H1 close back above 1.3205 negates the floor breakdown
BoE speakers Breeden (11:20 UTC) and Dhingra (15:00 UTC) could shift the rate-path read
00:01 UTC
Downtrend, consolidating near lows · RSI 41 · price 1.31999
Lower highs into a low-side range.
Cable has trended lower since Monday's 1.332 open, dropping to fresh 7-month-low territory near 1.3163 after the UK flash PMI miss (Services 48.7) and amid broad USD strength. Price is now grinding sideways around 1.320, capped by a series of lower highs and trading below both EMA(20) and EMA(50). RSI(14) sits in the low-40s, reflecting the soft tone without yet reaching oversold.
Support: 1.3182, 1.3163
Resistance: 1.3205, 1.3247, 1.3273
What it said to watch
H1 close below 1.3163 confirms a fresh lower-low and extends the move toward 1.3160
Reclaim of 1.3205 puts price back inside the prior range
BoE speakers Breeden (11:20 UTC) and Dhingra (15:00 UTC) could shift the rate-path read