Higher highs and higher lows off 1.3367 low, consolidating below 1.3450.
GBPUSD ripped from 1.3367 through 1.3450 on the soft US PCE print during NY hours, then went sideways in a tight 1.3438–1.3448 range into the Asia handover. Price sitting mid-session high, RSI cooled from the post-PCE spike and now neutral around 55.
Support: 1.3432, 1.3407, 1.3367
Resistance: 1.3448, 1.3451
What it said to watch
M15 close above 1.3450 session high reopens 1.3510 spike high
loss of 1.3432 session pivot exposes 1.3407 prior swing
Asia session liquidity thin — Iran/Hormuz headline risk could drive an outsized move
Higher highs and higher lows since London low, now consolidating below session high.
Cable broke out of a tight 1.3395–1.3425 NY range on the soft US core PCE print, spiking to 1.34508 before settling into a tight consolidation between 1.34380 and 1.34480. Asian session is grinding sideways under the session high with RSI flat in the mid-50s and ATR compressing to 5 pips.
Support: 1.3438, 1.3425, 1.3407
Resistance: 1.3448, 1.34508
What it said to watch
Sustained M15 close above 1.34480 session high opens path back to 1.34508 spike high
Loss of 1.34380 swing low would break the post-PCE higher-low chain
Iran-US headline risk could override structure on any escalation
Cable spiked from 1.3407 to 1.3450 during NY hours on the soft US PCE print, then settled into a tight 1.3438–1.3448 range through the late session. Momentum has flattened with RSI near 58 and price coiling just under the session high; no fresh structural development into the Asia handover.
Support: 1.3438, 1.3425, 1.3387
Resistance: 1.3448, 1.34508
What it said to watch
M15 close above 1.3450 reopens the 1.3508 spike high
Loss of 1.3438 exposes the 1.3425 breakout retest zone
Headline risk from US-Iran tensions could reprice the dollar leg
GBPUSD reclaimed ground after a soft US PCE print, with a sharp NY-session breakout off 1.3412 carrying price to a 1.3450 session high before stalling. Late session has gone quiet in a tight 1.3438–1.3445 consolidation just under the session high, RSI(14) drifting back to neutral around 56.
Support: 1.3438, 1.3425, 1.3412
Resistance: 1.3448, 1.34508
What it said to watch
15m close above 1.3450 session high reopens the spike high at 1.3508
loss of 1.3438 micro pivot exposes the 1.3425 breakout base
Iran/Hormuz headline flow can override structure on any escalation
Higher highs into NY, now consolidating below session high.
Sterling spiked from 1.3407 to 1.3508 on the soft US PCE print during NY hours, then settled into a tight 1.3438–1.3478 range. Late-session drift is sitting just under the range top with RSI cooling back to mid-50s, no fresh momentum either way.
Support: 1.3438, 1.3432, 1.3400
Resistance: 1.3450, 1.3478, 1.3508
What it said to watch
M15 close above 1.3478 reopens the NY high at 1.3508
Loss of 1.3432 session VWAP unwinds the post-PCE breakout
Tokyo CPI and Asia open could inject volatility into this thin range
Sterling spiked from 1.3368 to 1.3450 on the soft US PCE print during NY hours, then stalled into a tight consolidation between 1.3432 and 1.3450. Late session has gone quiet with thin holiday-style volumes; price sits at the upper edge of that range with RSI around mid-50s.
Support: 1.3432, 1.3415, 1.3368
Resistance: 1.34508, 1.34483
What it said to watch
M15 close above 1.34508 opens path toward fresh session highs
Loss of 1.34320 swing low reopens 1.3415 and the 1.3368 session low
Headline risk from US-Iran Hormuz exchange could materially shift this read
Higher highs / higher lows after London-session low sweep.
NY session printed a sharp impulsive leg from 1.3407 to 1.3450 on the softer PCE print and US-Iran ceasefire headlines, sweeping the prior session high. Price has since drifted into a tight 1.3438–1.3448 range under the 1.34508 high, RSI(14) cooling to the mid-50s as momentum digests the move.
Support: 1.3438, 1.3425, 1.3410
Resistance: 1.3448, 1.34508
What it said to watch
M15 close above 1.34508 reopens upside continuation
Break of 1.34380 range floor signals exhaustion of the NY leg
Tokyo CPI in the Asia session could inject volatility into early next bars
Higher lows since 1.3368 low, consolidating below 1.3450 session high.
PCE-driven USD selling in NY drove a clean break from 1.3412 up to 1.3478, then price faded back into a tight 1.3438–1.3448 coil through Asia. RSI(14) has reset to 56 with EMA20/50 both supporting below; structure intact but momentum flat into the Friday session.
Support: 1.3438, 1.3432, 1.3400
Resistance: 1.3448, 1.3451, 1.3478
What it said to watch
M15 close below 1.3438 session base opens a deeper retrace toward 1.3400 round number
Break and hold above 1.3451 ny high reopens 1.3478 ny session hi
Tokyo CPI in Asia session could inject volatility via broad USD reaction
GBPUSD ripped from 1.3368 to 1.3450 during NY hours on the softer PCE print and US-Iran ceasefire headlines, then settled into a tight consolidation between 1.3432 and 1.3448. Late-NY action has gone flat with price pinned near 1.3441 and RSI cooling off the post-breakout high.
Support: 1.3432, 1.3412, 1.3368
Resistance: 1.3448, 1.34508
What it said to watch
M15 close below 1.3432 swing low opens a retest of the 1.3412 prior pivot
Break above 1.3448 session high reopens the 1.3450 spike high
Tokyo CPI in Asia session could reintroduce volatility into the consolidation
21:30 UTC
Intraday uptrend, consolidating after NY spike · RSI 56 · price 1.34402
Higher lows from 1.3368 low, range top 1.3450.
GBPUSD ripped higher into NY hours on softer PCE and US-Iran ceasefire headlines, tagging 1.3450 before stalling. Price has since coiled in a tight 1.3432–1.3448 range as the session winds down, holding above EMA20/50 with RSI cooling back to neutral.
Support: 1.3432, 1.34122, 1.33683
Resistance: 1.34483, 1.34508
What it said to watch
M15 close above 1.3450 session high re-opens 1.3450+ continuation
Loss of 1.3432 swing low shifts read to deeper retrace toward 1.3412
Tokyo CPI in the Asia session could inject volatility on the open
NY session ripped from 1.3387 to 1.3450 on USD selling tied to US-Iran ceasefire MOU headlines, then went sideways in a tight 1.3438–1.3448 range into the late session. Price coiling just under the NY high at 1.3450 with RSI cooling back to mid-50s — momentum impulse spent, no follow-through yet.
Support: 1.3438, 1.3422, 1.3387
Resistance: 1.3448, 1.34508
What it said to watch
M15 close above 1.34480 reopens the path toward 1.3450+ extension
Loss of 1.34380 range floor opens room back to 1.34220 breakout level
Asia session Tokyo CPI print could inject volatility into the consolidation
Further Iran/US ceasefire headlines remain a USD-driver risk
Range developing 1.3438–1.3448 after sharp NY rally.
NY session ripped from 1.3367 to 1.3478 on US-Iran ceasefire MOU headlines, then settled into a tight 1.3438–1.3448 range over the last 3 hours. RSI cooled from overbought back to neutral 48 as price went flat into the Asia handover.
Support: 1.3438, 1.3430, 1.3367
Resistance: 1.3448, 1.3478
What it said to watch
M15 close above 1.3448 reopens path to the 1.3478 spike high
Break below 1.3438 range low exposes 1.3430 then deeper retrace
Tokyo CPI in the next Asia session could inject volatility into majors
Higher lows after morning flush, ranging in upper third of session range.
NY session ripped from 1.3407 to 1.3450 on the US-Iran ceasefire headlines, then settled into a tight 1.3436–1.3448 consolidation through the late NY hours. Price now drifting at the range floor with RSI cooling to the mid-50s; no fresh impulse since the spike.
Support: 1.3436, 1.3422, 1.3415
Resistance: 1.3448, 1.34508
What it said to watch
M15 close below 1.34360 opens a retest of the 1.34220 breakout point
Reclaim of 1.34480 puts the 1.34508 NY spike high back in play
Asia session Tokyo CPI print could inject volatility into the current range
20:30 UTC
Intraday recovery off NY low, momentum cooling · RSI 52 · price 1.34402
Higher low at 1.3367, range forming 1.3438-1.3448.
Cable swept the NY low at 1.3367 then ripped 140 pips on the US-Iran deal headlines, printing a spike high at 1.3508 before fading back into a tight 1.3438-1.3478 range. Momentum has flattened with RSI near 52 and price now coiling just above the range low into late NY hours.
Support: 1.3438, 1.3404, 1.3367
Resistance: 1.3448, 1.3478, 1.3508
What it said to watch
M15 close below 1.3438 range low opens path back to 1.3404
Break above 1.3478 session high reopens 1.3508 spike high
Tokyo CPI overnight could inject volatility into the Asia session
Cable bottomed at 1.3368 during NY hours on US-Iran ceasefire headlines and ripped to 1.3450, RSI(14) cooling from overbought into the mid-50s. Price is now coiling in a tight 1.3438–1.3448 range late NY, holding above the 1.3432 swing low but unable to retake the session high.
Support: 1.3432, 1.3415, 1.3368
Resistance: 1.3448, 1.34508
What it said to watch
M15 close above 1.3448 session high reopens the 1.3450+ extension
Break of 1.3432 swing low signals failure of the recovery and exposes the 1.3415 NY pivot
Thin late-NY liquidity could exaggerate moves on any fresh US-Iran headline
Higher highs after NY session impulse, now consolidating below session high.
Sharp NY-session impulse off 1.3367 lows after US-Iran ceasefire headlines and softer USD lifted cable into 1.3450, with the move stalling at the session high near 1.34483. Last two hours have ranged 1.3438–1.3447, RSI cooling from overbought into the high-50s as price digests the move.
Support: 1.3438, 1.3432, 1.34122
Resistance: 1.34483, 1.34508
What it said to watch
M15 close above 1.34508 impulse high extends the intraday uptrend
Loss of 1.34320 breakout retest invalidates the reversal read
Further Fed Musalem / Iran headlines could re-introduce volatility
Higher highs and higher lows off 1.3368 low, consolidating below session high.
GBPUSD ripped higher into NY on US-Iran ceasefire headlines, sweeping from 1.3368 to a 1.34508 spike high before settling into a tight range above 1.3438. Buyers stepped in on the breakout retest near 1.3425; price now coiling below the session high with RSI cooling to neutral.
Support: 1.3438, 1.3425, 1.3410
Resistance: 1.3448, 1.34508
What it said to watch
M15 close below 1.34380 micro pivot opens path back to 1.34250 breakout retest
break above 1.34508 spike high extends the NY leg
further headlines on US-Iran MOU approval could materially shift this read
19:30 UTC
Intraday recovery off NY lows, stalling · RSI 53 · price 1.34384
V-reversal then consolidation below 1.3450.
Cable spiked from 1.3407 to 1.3450 during NY hours on US-Iran ceasefire MOU headlines and a softer USD, then settled into a tight 1.3432–1.3448 range top. Momentum has cooled with RSI back near 53 and price drifting below the range top into late NY.
Support: 1.3432, 1.3412, 1.3387
Resistance: 1.3448, 1.34508
What it said to watch
M15 close above 1.3450 reopens the spike high at 1.3508
Loss of 1.3432 swing low exposes the pre-spike shelf at 1.3412
Headline risk remains live — Trump approval of US-Iran MOU could re-accelerate the USD move
19:15 UTC
Intraday uptrend after sharp NY reversal · RSI 58 · price 1.34386
Higher lows from 1.3368, consolidating below session high.
GBPUSD spiked from 1.3368 session low to 1.3450 on US-Iran ceasefire headlines during NY hours, a clean range break of the earlier 1.3395–1.3425 consolidation. Price is now coiling between 1.3432 and the 1.3448 session high, RSI cooling from overbought into the high-50s as the move digests.
Support: 1.3432, 1.3415, 1.3375
Resistance: 1.3448, 1.34508
What it said to watch
M15 close above 1.34480 session high opens path to extension
Loss of 1.34320 recent pivot would mark a lower high and stall the intraday uptrend
Further US-Iran headlines remain the dominant driver
Cable swept session lows at 1.3368 during early NY then ripped back through 1.3437 on the US-Iran deal headlines, tagging 1.3450 before consolidating. Price now coiling just below the NY high at 1.3448, holding above the intraday HL at 1.3432.
Support: 1.3432, 1.3415, 1.3368
Resistance: 1.3448, 1.34508
What it said to watch
M15 close below 1.3432 breaks the higher-low chain and reopens 1.3415
Break and hold above 1.3448 NY high exposes the 1.3508 spike high
Headline risk remains live around US-Iran MOU approval
GBPUSD spiked from 1.3367 to 1.3450 on US-Iran ceasefire MOU headlines during NY hours, then consolidated in a tight 1.3432–1.3448 range. Price is drifting at the lower end of that post-spike range with RSI(14) cooling from overbought back to 58.
Support: 1.3432, 1.3415, 1.3368
Resistance: 1.3448, 1.34508
What it said to watch
M15 close below 1.3432 swing low opens path back to NY low at 1.3415
Break above 1.3448 session high resumes the impulsive leg toward 1.3508
Trump approval headline on US-Iran MOU could materially shift this read
GBPUSD ripped off the 1.3367 session low on the US-Iran ceasefire headlines, breaking through 1.3425 and printing a 1.34508 spike high before settling into a tight 1.3440–1.3448 range late in NY. Higher lows continue to build above 1.3440 with RSI cooling from the post-headline extreme.
Support: 1.3440, 1.3425, 1.3367
Resistance: 1.3448, 1.34508
What it said to watch
M15 close back below 1.3425 would void the NY breakout read
Reclaim of 1.34480 session high opens path back to 1.34508 spike high
Trump approval headline on US-Iran MOU remains the binary risk into Asia
Higher lows from 1.3367 swing low, consolidating below 1.3448.
GBPUSD rallied off the 1.3367 NY-session low on US-Iran ceasefire MOU headlines, breaking 1.3425 with a sharp impulse to 1.3451. Last 8 bars consolidating in a tight 1.3441–1.3448 range, RSI(14) cooling from 70 toward 62.
Support: 1.3432, 1.3415, 1.3367
Resistance: 1.3448, 1.3451
What it said to watch
M15 close above 1.3448 session high opens path toward 1.3510 spike high
Loss of 1.3432 intraday HL would break the higher-low chain
Failure to hold 1.3415 NY pivot reopens 1.3367 session low
Trump approval / rejection of US-Iran MOU could materially shift this read
GBPUSD spiked from 1.3368 to 1.3450 during NY hours on the US-Iran ceasefire MOU headline, with buyers stepping in repeatedly around the 1.3432 swing low since. Price is consolidating just below the session high at 1.3448, RSI(14) at 63 with no extension into overbought.
Support: 1.3432, 1.3410, 1.3368
Resistance: 1.3448, 1.34508
What it said to watch
M15 close above 1.3448 session high opens path toward 1.3508 spike high
Loss of 1.3432 swing low would void the recovery structure and expose 1.3410
Trump approval (or rejection) of US-Iran MOU could materially shift this read
Higher lows since 1.3367, holding above reclaimed 1.3437.
GBPUSD reversed off the 1.3367 session low after US-Iran ceasefire MOU headlines hit during NY hours, spiking to 1.3450 then consolidating in a 1.3435–1.3448 range. RSI cooling from the post-headline thrust as the late-NY session winds down; buyers stepping in on dips toward the breakout base around 1.3437.
Support: 1.3436, 1.3425, 1.3412
Resistance: 1.3448, 1.34508
What it said to watch
M15 close below 1.3425 breaks the intraday HL chain and reopens 1.3412
Reclaim of 1.3448 with momentum re-tests the 1.3450 session high
Further US-Iran headlines remain a binary risk to this structure
Higher low printed, range developing under session high.
Cable bounced hard off 1.3367 session lows during NY hours after US-Iran ceasefire MOU reports lifted risk and pressured USD, ripping to 1.34508 session high in a single 15m candle. Price has since consolidated 1.3432–1.3448 with RSI cooling from the spike high — a higher low at 1.34320 is holding but momentum on the push to 1.3446 is softer than the initial breakout impulse.
Support: 1.3432, 1.34072, 1.33673
Resistance: 1.34508, 1.34483
What it said to watch
M15 close above 1.34508 session high extends the recovery leg
Break of 1.34320 intraday HL opens a retest of the 1.34072 spike low
Trump approval (or rejection) of US-Iran MOU could materially shift USD tone
GBPUSD swept the session low at 1.33683 during London hours then ripped through 1.34122 on the US-Iran deal headlines, with the NY spike high marked at 1.34508. Price has since consolidated above the pullback low at 1.34320 and is grinding back toward the recent high at 1.34483, RSI(14) cooling from the spike but still firm near 68.
Support: 1.3432, 1.34122, 1.33683
Resistance: 1.34508, 1.34483
What it said to watch
close above 1.34508 extends the post-headline leg
loss of 1.34320 pullback low signals NY spike exhaustion
Trump approval (or rejection) of US/Iran MOU is a binary headline risk that could override this read
GBPUSD swept the 1.3368 session low during early NY then ripped 80 pips on the US-Iran ceasefire MOU headline, breaking the 1.3425 range top. Price is consolidating below the 1.3450 session high with RSI cooling from overbought; the 1.3432 pullback low is the immediate pivot.
Support: 1.3432, 1.34072, 1.33683
Resistance: 1.34508, 1.34439
What it said to watch
M15 close back below 1.34320 negates the breakout continuation read
Break above 1.34508 extends the NY session impulse
Trump approval/rejection of the US-Iran MOU could materially shift this read
Higher low formed after sweep of session low, now consolidating below intraday high.
GBPUSD swept the session low at 1.33683 during early NY hours then ripped 80+ pips on the US/Iran ceasefire MOU headline, breaking out of 1.3407 and printing a spike high at 1.34508. Price is now consolidating in a tight 1.3432–1.3444 range with RSI cooling from overbought, holding above EMA20/50.
Support: 1.3432, 1.3407, 1.33683
Resistance: 1.34508, 1.3444
What it said to watch
M15 close above 1.34508 spike high extends the breakout leg
Loss of 1.34320 pullback low opens a retest of the 1.34070 breakout base
Headline risk: Trump approval on Iran MOU still pending, could materially shift the read
Higher low printed at 1.3367, NY session reclaimed 1.3400.
GBPUSD spiked from 1.3367 to 1.3450 during NY hours on the US-Iran deal headline, then pulled back into a tight 1.3434–1.3441 consolidation. Buyers stepped in twice at the 1.3437 breakout base, RSI cooling from 70s into the upper 60s.
Support: 1.3437, 1.3400, 1.3367
Resistance: 1.3450, 1.3470
What it said to watch
M15 close below 1.3434 opens a deeper retest of 1.3400 psych level
Break above 1.3450 session high extends momentum toward 1.3470
Fed Musalem hawkish commentary on the wires — further USD-supportive headlines could cap the bounce
GBPUSD spiked from 1.3367 to 1.3450 during NY hours on reports of a US-Iran deal, with the impulsive breakout candle through 1.3407 confirming the reversal. Price has since consolidated 1.3432-1.3440 just below the session high, RSI cooling from the post-spike extreme.
Support: 1.3432, 1.3407, 1.33683
Resistance: 1.3444, 1.34508
What it said to watch
M15 close below 1.3432 pullback low opens room back to the 1.3407 breakout base
Sustained break above 1.3450 NY spike high exposes 1.3508 session high
Headline risk remains live — Trump approval on the Iran MoU could re-accelerate the move
Session low swept at 1.3367, V-shaped reclaim into 1.3440s.
Asian/early-London leg drifted lower into a 1.3367 session low, then a sharp NY-session reclaim on US-Iran deal headlines drove a clean breakout through 1.3420 to a 1.34508 spike high. Price is now consolidating in the 1.3432–1.3440 zone with RSI cooling from overbought; the NY high at 1.3444 caps for now.
Support: 1.3432, 1.3412, 1.3367
Resistance: 1.3444, 1.34508
What it said to watch
M15 close above the 1.3444 NY high opens a path back to the 1.3450 spike high
loss of the 1.3432 intrabar low signals the post-headline impulse is fading toward the 1.3412 breakout base
headline risk remains live — Trump approval on the Iran MoU could re-accelerate either direction
15:45 UTC
Sharp NY rebound off session low · RSI 66 · price 1.34364
V-reversal, range top under test.
GBPUSD ripped off the 1.3368 session low on US–Iran deal headlines and a soft US new home sales print, spiking to 1.34508 before settling into a tight consolidation around 1.3436. RSI(14) at 66 is cooling from the post-headline surge; price now coiling just under the NY spike high.
Support: 1.3432, 1.3415, 1.3368
Resistance: 1.3444, 1.34508
What it said to watch
M15 close above 1.34440 reopens the 1.34508 session high
Loss of 1.34150 negates the V-reversal and reopens 1.3368
Trump approval headline on Iran MOU could materially shift this read
15:30 UTC
Intraday reversal higher · RSI 68 · price 1.34379
Sweep of session low then breakout.
NY session swept the 1.3368 session low then ripped higher on US-Iran deal headlines and softer US new home sales, printing a 1.3451 spike high before settling around 1.3438. Price now consolidating just above the 1.3425 breakout shelf with RSI cooling from overbought.
Support: 1.3425, 1.3407, 1.3368
Resistance: 1.3444, 1.3451
What it said to watch
M15 close back below 1.3425 breakout shelf would unwind the reversal read
Loss of 1.3407 prior swing reopens the 1.3368 session low
Sustained acceptance above 1.3444 NY high extends the impulse
Sweep of 1.3370 low, sharp NY rebound through prior range.
GBPUSD swept the London session low at 1.3368 then ripped through NY open, printing a 1.34508 spike high before stalling. Price now consolidating around 1.3435 after the breakout, RSI cooling from overbought into the upper 60s.
Support: 1.3425, 1.3410, 1.3368
Resistance: 1.3444, 1.34508
What it said to watch
Hold of 1.3425 breakout retest keeps the recovery structure intact
Loss of 1.3410 session mid would signal the NY rally is fading
Reclaim of 1.34440 NY high reopens the spike high at 1.34508
London session swept the Asian range low at 1.3368 before buyers stepped in on a double bottom, and NY hours produced an impulsive break of 1.3425 up to a spike high at 1.3450. Price is now consolidating around 1.3437 with RSI(14) at 71 — short-term hot after the move.
Support: 1.3415, 1.3388, 1.3368
Resistance: 1.3444, 1.34508
What it said to watch
M15 close back below 1.3415 intraday pivot would unwind the NY breakout
Sustained acceptance above 1.3450 NY spike high opens path toward 1.3470s
Failure to hold 1.3388 session low on a retest reopens the spike low at 1.3368
14:45 UTC
Intraday downtrend reversed by NY spike · RSI 74 · price 1.34427
Range break lower then sharp recovery into prior range.
Price swept the prior London low into 1.3368 then reversed sharply through NY hours, with the last bar surging from 1.3407 to 1.3451 before settling at 1.3443. RSI(14) is stretched at 74 after the impulse, and price now sits just under the session high from the open at 1.3451.
Support: 1.3415, 1.3388, 1.3368
Resistance: 1.3444, 1.3451
What it said to watch
M15 close back below 1.3415 swing low would unwind the recovery and re-open the 1.3388 session low
Acceptance above 1.3451 prior high extends the recovery leg
RSI at 74 leaves room for a pullback to retest the breakout into 1.3415
Sharp NY-session reclaim: price swept down to 1.3368 after the soft US Q1 GDP revision then ripped back through 1.3400 and printed a 40-pip impulse candle to 1.3451 before settling at 1.3437. RSI(14) at 71 reflects the impulse, and ATR has expanded to roughly 7 pips per bar as the session range broke higher.
Support: 1.34122, 1.3388, 1.33683
Resistance: 1.34387, 1.34508, 1.34536
What it said to watch
Hold above 1.34122 keeps the reclaim intact; loss reopens 1.33880 session low
Sustained trade above 1.34387 session high needed to extend toward 1.34508 spike high
Fed Williams headlines and ongoing Iran sanctions flow can drive further USD volatility
14:15 UTC
Downtrend, retrace in play · RSI 52 · price 1.34112
Lower-low at 1.3368, bouncing into supply.
GBPUSD sold off through London into a session low of 1.3368 after stronger US durable goods and in-line Core PCE supported the dollar, then mean-reverted through NY hours back to the 1.3425 session high before rejection. Price now stalling around 1.3411 with the round 1.3400 as the immediate pivot.
Support: 1.3400, 1.3388, 1.33683
Resistance: 1.34225, 1.34278, 1.34507
What it said to watch
M15 close above 1.34278 spike high opens path back toward 1.34507 prior high
Loss of 1.34000 round number reopens the 1.33880 swing low and 1.33683 session low
Stalled retrace near session high with RSI flat — failure to extend through 1.3425 keeps the downtrend read intact
14:00 UTC
Downtrend stabilising, bounce in play · RSI 60 · price 1.34238
Lower low at 1.3368, recovering toward mid-range.
NY session sold GBPUSD into 1.3368 session low on the soft Q1 GDP revision but bounced sharply, retaking 1.3420 with RSI(14) recovering to 60. Price now consolidating just under the 1.3428 bounce high after a clean double bottom near 1.3370–1.3388.
Support: 1.3415, 1.3388, 1.3368
Resistance: 1.3428, 1.3452
What it said to watch
M15 close above 1.3428 opens path back to 1.3452 prior high
Rejection at 1.3428 with a close back under 1.3415 reopens the 1.3388 swing low
Loss of 1.3368 session low confirms continuation lower
13:45 UTC
Intraday downtrend, late NY bounce · RSI 58 · price 1.34167
Lower-low at 1.3368, recovering toward range mid.
Cable sold from 1.3452 into 1.3368 through London and into NY after firmer US data (durable goods beat, in-line core PCE), then carved a double bottom near 1.3370 and broke back above 1.3410 into the 1.3420s. Price has since stalled at 1.3417 with RSI cooling from 70, leaving the recovery mid-range between the NY low and 1.3428 high.
Support: 1.3403, 1.3388, 1.33683
Resistance: 1.34278, 1.3433, 1.3452
What it said to watch
M15 close above 1.3428 NY high extends recovery toward 1.3452 Asia high
Rejection at 1.3420s and loss of 1.3403 session pivot reopens 1.3388 swing low
Sustained break of 1.3368 NY low confirms continuation of intraday downtrend
Lower-high lower-low chain, bouncing off session low.
GBPUSD sold off through the London-NY transition into a session low at 1.3368, then printed a double bottom around 1.3388 on the soft US Q1 GDP revision and traded back to 1.3428 post-data. Last bar pulled back to 1.3415, holding above the 1.3405 intraday pivot.
Support: 1.3405, 1.3388, 1.3368
Resistance: 1.3428, 1.3448
What it said to watch
M15 close back below 1.3405 reopens the NY session low at 1.3388
Break above 1.3428 post-data high targets the prior swing at 1.3448
Failure to hold 1.3388 confirms continuation of the intraday downtrend toward 1.3368 session low
GBPUSD sold off through the London session into a 1.33683 NY low after the firm US durable goods and in-line PCE prints, then carved a double bottom around 1.3388 and broke higher through 1.3420 in the first NY hour. Price now sits at 1.34233 with RSI(14) at 67, momentum stretched into the NY high at 1.34248.
Support: 1.33683, 1.3388, 1.3394
Resistance: 1.34248, 1.34316
What it said to watch
M15 close above 1.34248 NY high extends the recovery toward 1.34316
Rejection at 1.34248 with a close back below 1.34100 reopens the 1.33880 swing
GBPUSD sold off through the London session after the soft US PCE/strong durable goods mix, posting a low at 1.3368 before buyers stepped in and built a double bottom into NY. Last bar broke the 1.3410 intraday pivot and tagged 1.34225 as the session high, RSI cooling from a stretched push.
Support: 1.3410, 1.3389, 1.3368
Resistance: 1.34225, 1.3432
What it said to watch
M15 close back below 1.3410 intraday pivot reopens the swing low at 1.3368
Acceptance above 1.34225 session high opens path to the 1.34320 prior shelf
GBPUSD swept the Asia high at 1.3452 then sold off through London into a 1.3368 swing low, with the double bottom near 1.3387–1.3368 holding through NY open after the strong US durable goods print. Price has since reclaimed 1.3400 and is pressing the session high at 1.3421, RSI(14) at 60 with room before stretched.
Support: 1.3400, 1.3387, 1.3368
Resistance: 1.34215, 1.3430, 1.3452
What it said to watch
M15 close above 1.3421 session high opens path back to 1.3430 prior pivot
Rejection at 1.3421 and loss of 1.3400 round number reopens 1.3387 session low
US PCE release imminent and could materially shift this read
12:30 UTC
Downtrend, base forming · RSI 53 · price 1.34065
Lower lows then sideways drift off 1.3368 low.
Late-London selling drove price from 1.3453 down to 1.3368 NY low, with the pair now basing in a 1.3387–1.3410 range. Buyers stepped in twice at the session low while RSI lifted off oversold to 53 — mild bullish divergence, but the broader M15 trend is still down.
Support: 1.3387, 1.33754, 1.33683
Resistance: 1.34102, 1.34316, 1.34531
What it said to watch
Reclaim of 1.34102 intraday high would break the lower-high sequence
Loss of 1.33870 session low reopens the 1.33683 NY low
US PCE print due imminently could materially shift this read
London session sold GBPUSD from 1.3456 down to a 1.3367 session low, then NY opened with a steady recovery back to 1.3410 prior high. Price is consolidating just below that resistance after a double-bottom-style hold at 1.3387.
Support: 1.3388, 1.3367
Resistance: 1.3411, 1.3432, 1.3453
What it said to watch
M15 close above 1.3411 prior high opens path to 1.3432 supply
Failure to hold 1.3388 swing low confirms continuation of the downtrend
US core PCE print at 12:30 GMT could materially shift this read
Lower highs and lower lows, bouncing off session low.
Price sold off through London-NY transition from 1.3457 to a session low at 1.33683, then carved out a double bottom around 1.3387 and reclaimed 1.3400. Recovery stalled at the 1.34114 NY rejection, with price now consolidating just below it as RSI(14) sits neutral near 50.
Support: 1.33683, 1.3387
Resistance: 1.34114, 1.34315
What it said to watch
Sustained M15 close above 1.34114 NY rejection opens path to 1.34315 prior range
Failure to hold 1.33870 swing low reopens the session low at 1.33683
US core PCE print at 12:30 GMT could materially shift this read
Lower highs since session high at 1.3457, intraday range 1.3368-1.3411.
London session sold GBPUSD from 1.3457 down to a swing low at 1.3368, with the subsequent NY bounce capped at the 1.3407 bounce high before fading back toward the session low. Price is consolidating just above the session low with RSI(14) mid-40s and EMA20/50 sloping down overhead.
Lower highs into 1.3375 low, corrective bounce underway.
Cable sold through 1.3400 during the London session into a 1.3375 swing low, then printed a double bottom near 1.3387 with RSI lifting off oversold. Price is recovering toward the 1.3402 intraday pivot but EMA20/50 still cap from above, keeping the broader read corrective within the M15 downtrend.
Support: 1.3387, 1.33756, 1.33683
Resistance: 1.3402, 1.34114, 1.34316
What it said to watch
M15 close above 1.34114 bounce high would break the lower-high sequence
Failure at 1.33870 session low re-opens the 1.33756 swing low
US core PCE release at 12:30 GMT could materially shift this read
11:15 UTC
Downtrend, current bounce stalling · RSI 41 · price 1.33909
Lower highs into 1.3390 resistance after sweep of 1.3368 low.
NY session has been grinding lower from 1.34114 with a clean sequence of lower highs, last rejection at 1.34020. Price swept the session low at 1.33870 and is consolidating just above; RSI(14) at 41 leaves room either way.
Support: 1.3387, 1.33756, 1.33683
Resistance: 1.3402, 1.34114, 1.34186
What it said to watch
M15 close back above 1.34020 intraday LH would break the lower-high chain
Break and hold below 1.33870 session low opens 1.33756 swing low
Lower highs and lower lows after London-session sell leg.
London session drove price from 1.3450 down to 1.3368, with the NY-hours bounce capping at the 1.34114 prior shelf before rolling over. Sellers have re-engaged near 1.3394, RSI(14) at 41 with no divergence and price below both EMA20 and EMA50.
Support: 1.3387, 1.33684
Resistance: 1.34114, 1.3420, 1.34316
What it said to watch
M15 close below 1.33870 session low extends the downtrend toward 1.33684 swing low
Reclaim of 1.34114 bounce high neutralises the lower-high structure
Lower highs into 1.3370 swing low, corrective leg back to 1.3400s.
GBPUSD sold off through London hours, breaking the Asia low at 1.3375 down to a 1.3368 swing low before reclaiming 1.3400. NY session has stalled the bounce at 1.3410, with price now drifting back toward the session low at 1.3394. RSI(14) sits mid-range at 42, no extreme to lean on.
Support: 1.3394, 1.3375, 1.3368
Resistance: 1.3410, 1.3430
What it said to watch
M15 close below 1.3394 session low reopens 1.3375 asia low and 1.3368 swing low
Reclaim of 1.3410 bounce high targets 1.3430 NY session high
GBPUSD trended lower through NY hours, sweeping the 1.33683 swing low before a corrective bounce stalled at 1.34114 and faded back under both EMAs. Price is rotating in the lower half of the session range with RSI(14) near 41, showing no momentum recovery yet.
Support: 1.33897, 1.33754, 1.33683
Resistance: 1.34076, 1.34114, 1.34186
What it said to watch
M15 close back above 1.34114 NY high would invalidate the lower-high read
Break of 1.33897 session low reopens the path toward the 1.33683 NY swing low
BNY note on GBP bid alongside JPY is a fundamental crosswind to monitor
London session sold GBPUSD from 1.3457 down to 1.3368 in a clean step-lower sequence, with sellers reloading on each retest. NY hours produced a bounce capped at 1.3411 and price is now drifting lower again toward the session low, RSI(14) mid-40s and price below both EMA20 and EMA50.
Support: 1.33683, 1.3388
Resistance: 1.34114, 1.34316
What it said to watch
M15 close back above 1.3411 NY high would break the lower-high sequence
Loss of 1.3368 session low confirms continuation of the downtrend
Middle East headline flow remains a risk to intraday structure
Lower highs into 1.3368 low, corrective bounce in NY.
London handed off into NY with a sharp leg lower from 1.3402 to the NY low at 1.3368, followed by a clean recovery back to the 1.3411 bounce high before rejection. Price is now consolidating in the mid-1.3390s, RSI(14) flat around 47 after lifting off oversold on the bounce.
Support: 1.3388, 1.33754, 1.33683
Resistance: 1.34114, 1.34316
What it said to watch
Reclaim of 1.34114 bounce high opens path back to the 1.34316 prior pivot
Loss of 1.33880 swing low re-exposes the 1.33754 session low and 1.33683 NY low
Middle East headlines remain a tail risk for intraday GBPUSD volatility
London session swept the Asia shelf at 1.34200 and flushed to 1.33683 as Middle East headlines hit, before buyers stepped in to reclaim 1.34000. Price is consolidating just under the 1.34114 recovery high; RSI(14) recovered from sub-20 to mid-range and EMA20 has flattened above price action.
Support: 1.3395, 1.33756, 1.33683
Resistance: 1.34114, 1.3420, 1.34316
What it said to watch
M15 close above 1.34114 rec high opens room back to 1.34200 prior shelf
Loss of 1.33950 session low reopens 1.33756 swing low
Headline risk from ongoing US-Iran Hormuz exchange could re-trigger volatility
Lower low printed at 1.3368, bouncing into resistance.
GBPUSD swept lower into the swing low at 1.3368 during NY hours then reclaimed 1.3400, stalling at the bounce high near 1.3411. Price is now consolidating mid-range with RSI back to neutral after a bullish divergence off the low.
Support: 1.3399, 1.3376, 1.33683
Resistance: 1.34114, 1.34316
What it said to watch
M15 close above 1.34114 opens path back toward 1.34316 prior pivot
Loss of 1.33990 intraday pivot reopens the 1.33683 swing low
Middle East headline risk could override the structural read
Lower-high sequence, recovery into prior breakdown zone.
Sharp London-session drop from 1.3450 to 1.3368 left the pair in a clear M15 downtrend, with the recovery into NY hours stalling at 1.3411 session high — a clean retest of the broken 1.3420 zone. Price now drifts around 1.3402 with RSI(14) neutral near 46 and ATR(14) ~5 pips, sitting between session low 1.3395 and session high 1.3411.
Support: 1.3395, 1.33754, 1.33683
Resistance: 1.34114, 1.3420, 1.34326
What it said to watch
M15 close above 1.3420 breakdown zone neutralises the lower-high read
Loss of 1.3395 session low reopens the 1.3375 swing low
Headline risk around US-Iran ceasefire violations could spike intraday volatility
Lower highs, lower lows; bouncing off session low.
GBPUSD sold off through London hours on Iran/US escalation headlines, printing a session low at 1.3368 before buyers stepped in for a bounce to 1.3411. Price has since stalled and is consolidating around 1.3396, with the bounce high at 1.3411 capping ahead of the NY open.
Support: 1.33683, 1.33756
Resistance: 1.34114, 1.34316
What it said to watch
M15 close back below 1.33756 swing low reopens the session low
Reclaim of 1.34114 bounce high needed to break the lower-high sequence
Headline risk from ongoing US-Iran escalation could shift this read quickly
08:45 UTC
Downtrend, bounce in progress · RSI 50 · price 1.33993
Lower-low printed, retracing into prior breakdown zone.
GBPUSD broke down sharply during the London session amid Middle East risk-off flows, printing a swing low at 1.3368 before retracing back to 1.3411. Price is now stalling under the prior shelf around 1.3430 with RSI flattening near 50 after the oversold bounce.
Support: 1.3388, 1.33683
Resistance: 1.34114, 1.34316
What it said to watch
Reclaim of 1.34316 prior shelf would neutralise the breakdown read
Loss of 1.33880 session low reopens the 1.33683 swing low
Ongoing US-Iran headline flow can override structure on this TF
Lower highs / lower lows, current recovery into prior breakdown zone.
GBPUSD sold off sharply through European hours into a 1.3368 session low on Iran-strike headlines, then clawed back to 1.3410 before stalling. Current bar is rolling over near the 1.3408 bounce high with price probing the breakdown level around 1.3388 from above.
Support: 1.33683, 1.3388
Resistance: 1.34077, 1.34186, 1.34316
What it said to watch
Reclaim of 1.34186 prior swing would neutralise the intraday downtrend read
Loss of 1.33880 breakdown lvl opens a retest of the 1.33683 session low
Further Middle East headline risk could override structure
GBPUSD sold off sharply through London hours into 1.3368 on Iran-related safe-haven USD bid, then clawed back to 1.3410 before stalling. Current bar consolidates just above 1.3400 with momentum cooling after the recovery leg; session high at 1.3411 capping.
Support: 1.3399, 1.33756, 1.33683
Resistance: 1.34114, 1.3420, 1.34316
What it said to watch
Reclaim above 1.3411 session high opens path to 1.3432 asia high
Failure to hold 1.3399 session low risks retest of 1.3368 swing low
Further Iran/Middle East escalation could reignite safe-haven USD bid
08:00 UTC
Downtrend, bounce in progress · RSI 56 · price 1.34014
Lower-low printed, retracing into broken support.
London session sold GBPUSD from 1.3450 down to a 1.3375 session low on Iran/safe-haven flows, then NY hours have produced a steady bounce back into the broken 1.3418 shelf. RSI(14) recovered to mid-range and price is now stalling at 1.3401, testing the underside of prior support as resistance.
Support: 1.33754, 1.3388
Resistance: 1.34114, 1.34186, 1.34296
What it said to watch
Acceptance above 1.34186 (broken supt) would neutralise the downtrend read
Rejection here and a return below 1.33880 (swing low) reopens 1.33754 session low
Ongoing Iran/Middle East headlines remain the dominant driver and can override structure
London session swept the session low at 1.3368 on Iran headlines before buyers stepped in, lifting price ~45 pips into 1.3411. NY pre-open now consolidating just under the bounce high with RSI(14) recovered to mid-range.
Support: 1.33683, 1.3388
Resistance: 1.34114, 1.34316
What it said to watch
Reclaim of 1.34316 prior pivot would neutralise the intraday downtrend
Loss of 1.33880 prior swing reopens the session low
Lower high, lower low, mean reversion off session low.
GBPUSD slid into a fresh session low at 1.3368 during early European hours on Iran-driven USD safe-haven bid, then rebounded through 1.3400 with the latest M15 sweeping 1.3411 before stalling. Bounce is impulsive but still inside the broader intraday downtrend; 1.3411 session high is the immediate pivot.
Support: 1.33683, 1.33756, 1.3388
Resistance: 1.34114, 1.3420, 1.34316
What it said to watch
M15 close above 1.3411 session high opens path back to 1.3420 prior shelf
Failure to hold 1.3388 breakdown lvl reasserts the lower-low sequence toward 1.3368 session low
Further Iran/Middle East headlines could override the technical read
Lower lows into 1.3368, corrective leg back to 1.3407.
GBP sold off through Asia on US-Iran tension headlines, breaking 1.3400 and printing a swing low at 1.33683. Last 6 bars show a recovery off that low back to 1.34075 with RSI lifting from oversold — bounce high now the immediate level to watch.
Support: 1.33754, 1.33683, 1.33935
Resistance: 1.34075, 1.34186, 1.34316
What it said to watch
M15 close above 1.34186 prior pivot would extend the corrective leg
Rejection at 1.34075 bounce high keeps the downtrend structure intact
Break below 1.33683 swing low resumes the sell-off
Lower highs, lower lows; pullback off session low.
GBPUSD broke down through 1.3400 during Asia hours on US-Iran safe-haven flows, printing a session low at 1.33683 before a steady recovery into early London. Price has reclaimed the 1.3400 handle with RSI lifting off oversold, but 1.34077 pullback high and the broken 1.34250 shelf remain overhead.
Support: 1.33683, 1.3388
Resistance: 1.34077, 1.3425, 1.34316
What it said to watch
Reclaim of 1.34250 broken shelf would invalidate the intraday downtrend read
Failure to hold 1.33880 swing low reopens the session low at 1.33683
Further US-Iran geopolitical escalation could reignite USD safe-haven bid
06:45 UTC
Downtrend, late stabilisation · RSI 58 · price 1.33995
Lower highs and lower lows, basing near session low.
GBPUSD slid through the Asia session on US-Iran safe-haven flows, taking out 1.3400 and hitting a session low at 1.33683 before stabilising. Last six bars have ground higher off the low in a falling-wedge recovery, with RSI(14) lifting back above 55 as price reclaims the 1.3400 handle.
Support: 1.33683, 1.3388
Resistance: 1.3402, 1.34155, 1.34316
What it said to watch
Reclaim and hold above 1.34020 would confirm the recovery off session low
Loss of 1.33880 reopens the 1.33683 session low
Fresh Iran/US headlines remain the dominant driver this session
GBPUSD broke down through 1.3400 during the Asia session on US-Iran headlines boosting the dollar, printing a session low at 1.33683 before a measured recovery into the bounce high at 1.33989. Price is currently consolidating just below 1.3400 with RSI(14) recovering to neutral, suggesting the initial selling wave has been absorbed.
Support: 1.33683, 1.33754
Resistance: 1.33989, 1.34103, 1.34316
What it said to watch
Reclaim of 1.34103 prior shelf would neutralise the intraday downtrend read
Failure to hold 1.33754 swing low confirms continuation of the leg lower
Further US-Iran escalation headlines could re-accelerate dollar bid
Lower-highs and lower-lows broken by sharp rebound off 1.3370.
Sustained slide through London hours took GBPUSD from 1.3450 down to a session low at 1.3368 on safe-haven USD demand tied to US-Iran tensions. Late London / early NY has produced a sharp rebound back to 1.3392, reclaiming the 1.3388 breakdown level with RSI lifting from oversold — buyers stepping in at the lows.
Support: 1.33683, 1.33756, 1.33888
Resistance: 1.33957, 1.34051, 1.34186
What it said to watch
Acceptance above 1.33957 bounce high opens 1.34051 prior shelf
Failure to hold 1.33888 breakdown lvl reopens 1.33756 swing low
Further geopolitical headlines could re-accelerate USD safe-haven bid
06:00 UTC
Downtrend, fresh leg lower · RSI 43 · price 1.33939
Lower highs, lower lows; breakdown from intraday range.
GBPUSD broke down through 1.3400 during late Asia/early London after geopolitical headlines bid the dollar, printing a session low at 1.33683 before a measured bounce back to 1.33940. Price is now retesting the broken 1.3400 area from below, RSI(14) lifted off oversold to 43 with bullish divergence into the lows.
Support: 1.33683, 1.3355
Resistance: 1.3394, 1.34132, 1.34316
What it said to watch
Reclaim of 1.34132 prior low neutralises the breakdown read
Failure at current high 1.33940 and break of session low 1.33683 extends the leg
Further US-Iran headlines could re-accelerate the USD bid
05:45 UTC
Downtrend, fresh leg lower · RSI 38 · price 1.33857
Lower highs, lower lows; bouncing from session low.
GBPUSD broke down through 1.3400 during the Asia session on safe-haven USD bid tied to US-Iran headlines, printing a session low at 1.33683 before a corrective bounce. Sellers stepped in repeatedly at the 1.3390-1.3400 shelf; price is now retracing into the breakdown zone with RSI(14) lifting off oversold.
Support: 1.33683, 1.33754
Resistance: 1.33857, 1.33944, 1.34051
What it said to watch
Rejection at the 1.33944 breakdown lvl would confirm the downtrend continuation
M15 close back above 1.34051 prior swing invalidates the bearish read
Failure to hold 1.33683 session low opens path to fresh lows
Further US-Iran escalation headlines could extend USD safe-haven bid
05:30 UTC
Downtrend, fresh lows · RSI 32 · price 1.33782
Lower highs, lower lows.
GBPUSD broke the 1.3400 shelf during early Asia hours on US-Iran headlines, slicing to 1.3368 before stalling. Price is now consolidating just under 1.3380 — a textbook retest of the broken support, with RSI(14) climbing off oversold but still capped below 50.
Support: 1.33683, 1.3355
Resistance: 1.3389, 1.3405, 1.3420
What it said to watch
M15 close back above 1.33890 broken shelf weakens the downtrend read
Break of 1.33683 session low extends the leg toward 1.3355 psych
Geopolitical headline flow remains the dominant driver intraday
05:15 UTC
Downtrend, fresh leg lower · RSI 31 · price 1.33769
Lower highs, lower lows; breakdown from 1.3430 shelf.
Sharp Asia-session breakdown from the 1.3430 shelf drove price 90 pips lower to a session low at 1.33683, with sellers accelerating on the US-Iran headlines noted in the GBP/USD wire. Current bar is a shallow bounce stalling under 1.3378, RSI(14) lifting from oversold but price still pinned below EMA20/50.
Support: 1.33683, 1.3356
Resistance: 1.3378, 1.33935, 1.3405
What it said to watch
Reclaim of 1.33935 breakdown level would invalidate the fresh leg lower
Sustained break of 1.33683 session low opens 1.3356 round number
Bounce stalling at 1.3378 micro pivot keeps the downtrend intact
05:00 UTC
Downtrend, fresh leg lower · RSI 28 · price 1.33764
Lower highs, lower lows; new session low.
GBPUSD broke down through 1.3388 during the Asia session on Iran-US geopolitical headlines, printing a fresh session low at 1.33683 before a shallow bounce to 1.3376. RSI(14) is stretched near 27 and price is trading well below both EMAs, with the move extending the lower-high, lower-low sequence from the prior NY session.
Support: 1.33683, 1.3360
Resistance: 1.3378
What it said to watch
Reclaim of the 1.3388 breakdown level would neutralise the bearish leg
Failure to hold 1.33683 session low opens 1.3360 round number
Further Iran-US escalation headlines could extend the safe-haven USD bid
04:45 UTC
Downtrend, fresh leg lower · RSI 28 · price 1.33722
Lower highs, lower lows; impulsive break.
GBPUSD broke down through 1.3400 during the Asia session on US-Iran headlines, printing a fresh session low at 1.33683. Price is now consolidating in a tight 15-pip range just above that low with RSI(14) at 28 — short-term stretched but consistent with the impulsive leg.
Support: 1.33683, 1.3350
Resistance: 1.33775, 1.33936, 1.34051
What it said to watch
Reclaim of 1.33775 micro pivot would signal exhaustion of the down-leg
GBPUSD broke the 1.3388 shelf during the Asia session on US-Iran headlines lifting the dollar, dropping straight to a 1.33683 session low with RSI(14) deeply oversold at 21. Price is consolidating in a tight 10-pip band just off the low, no rebound yet through the breakdown level.
Support: 1.33683, 1.3350
Resistance: 1.33888, 1.3405, 1.34316
What it said to watch
Reclaim of 1.33888 breakdown lvl would neutralise the impulse
Loss of 1.33683 session low extends downside toward 1.3350 psych
RSI oversold leaves room for a mean-revert bounce into 1.3405 prior shelf
Further escalation in US-Iran headlines keeps safe-haven USD bid
04:15 UTC
Downtrend, fresh leg lower · RSI 18 · price 1.33696
Lower highs and lower lows, breaking session support.
GBPUSD broke down through the 1.3400 psych level into the Asia session, extending a sharp leg lower to a fresh session low at 1.33683 as safe-haven flows on US-Iran tensions support the dollar. RSI(14) is deeply oversold at 18, but no reversal candle yet — last bar still printing at the lows.
Support: 1.33683, 1.3350
Resistance: 1.33888, 1.3405, 1.34316
What it said to watch
Reclaim of 1.33888 broken pivot would neutralise the breakdown read
Continued acceptance below 1.33683 session low opens 1.3350 psych
Oversold RSI raises odds of a corrective bounce before further downside
04:00 UTC
Downtrend, fresh leg lower · RSI 18 · price 1.33758
Lower highs, lower lows, breaking session lows.
Price has accelerated lower through the late Asia session, breaking the 1.3405 shelf that capped early-Asia consolidation and printing a session low at 1.33754 on rising volume. RSI(14) sits near 18 — short-term stretched — but momentum is one-directional, with safe-haven USD bid cited on US-Iran tensions in the latest headlines.
Support: 1.33754, 1.3370
Resistance: 1.33888, 1.3398, 1.3405
What it said to watch
M15 close back above 1.33888 micro pivot would stall the leg lower
Loss of 1.33700 psych level extends the downtrend
London open in ~3h could reset session range and intraday read
03:45 UTC
Downtrend, fresh lows · RSI 22 · price 1.33875
Lower highs and lower lows, breaking session support.
GBPUSD extended lower through Asia hours, slicing the 1.34 psych level and printing a fresh session low at 1.3388 as safe-haven USD demand picked up on US-Iran headlines. Sellers have driven a clean sequence of lower highs from 1.34316, with RSI(14) now deeply oversold near 22 and price extended below EMA20/EMA50.
Support: 1.3388, 1.3397, 1.33935
Resistance: 1.34051, 1.34186, 1.34316
What it said to watch
M15 close back above the broken shelf at 1.34051 would neutralise the breakdown
Failure to defend 1.3388 session low opens continuation toward 1.3370
Oversold RSI raises odds of a corrective bounce into the psych 1.34 area
GBPUSD has accelerated lower through the Asian session, breaking 1.34050 and printing a fresh session low at 1.33935 as safe-haven USD demand picks up on US-Iran headlines. RSI(14) is stretched at 22 and price sits well below both EMAs, but no rejection candle yet — sellers still in control into the London handover.
Support: 1.33935, 1.33972, 1.3390
Resistance: 1.34051, 1.34143, 1.34204
What it said to watch
M15 close back above 1.34051 (broken support) would neutralise the breakout read
Loss of 1.33900 psych opens room toward the next round figure
London open in ~2h likely to set the next directional impulse
Asia session broke the 1.3415 shelf and extended to a fresh session low at 1.33972, RSI(14) at 26 and stretched. Price is consolidating just above the low in a tight 20-pip band between 1.33997 and 1.34066 with no reclaim of the broken shelf yet.
Support: 1.33972, 1.3390
Resistance: 1.34103, 1.34186, 1.3430
What it said to watch
Reclaim of the broken shelf at 1.34103 would neutralise the downside break
Loss of 1.33972 session low confirms continuation toward the 1.339 psych level
London open in ~5h likely to expand the current Asia compression
GBPUSD has extended lower through the late NY-Asia transition, breaking the 1.3415 shelf and printing a fresh session low at 1.33972 before a small bounce to 1.34007. RSI(14) at 26 shows the move is stretched, but there is no reversal structure yet — sequence of lower highs intact since the 1.3458 London top.
Support: 1.33972, 1.3400
Resistance: 1.3405, 1.3415, 1.3430
What it said to watch
Reclaim of 1.34150 minor pivot would break the lower-high sequence
Thin Asia liquidity could exaggerate moves on either side
02:45 UTC
Downtrend, fresh lows · RSI 28 · price 1.3406
Lower highs, lower lows since NY open.
Asia session pushing fresh lows, with price breaking the 1.3417 prior swing and printing a session low at 1.3397. Earlier London-NY transition saw a sharp rejection from 1.3457 followed by a clean step-down through 1.3428, and RSI(14) is now oversold at 28.
Support: 1.3397, 1.3417
Resistance: 1.3428, 1.3457, 1.3419
What it said to watch
Reclaim of 1.3419 broken supp would neutralise the lower-low read
Continuation below 1.3397 session low extends the leg
Thin Asia liquidity can exaggerate moves at these levels
02:30 UTC
Downtrend, fresh lows · RSI 22 · price 1.34028
Lower highs, lower lows.
Cable broke the Asia range low at 1.34186 in early Asia hours and is extending lower, printing a fresh session low at 1.33972 with RSI(14) at 22 — short-term stretched but in line with the impulsive leg. Sellers stepped in repeatedly at the 1.34316 asia range hi rejection through late NY.
Support: 1.33972, 1.34051
Resistance: 1.34186, 1.34316
What it said to watch
M15 close back above 1.34186 micro pivot would neutralise the breakout read
Failure to reclaim 1.34051 swing low keeps the lower-low sequence intact
Thin late-Asia liquidity may exaggerate moves at the session low
02:15 UTC
Downtrend, fresh leg lower · RSI 21 · price 1.34002
Lower highs, lower lows extending.
Price broke the 1.34141 minor support during late NY hours and extended into Asia, printing a fresh session low at 1.33972 with RSI(14) deep at 21. Sellers in control with no rebound attempt yet; ATR has expanded as the new leg develops.
Support: 1.33972, 1.3390
Resistance: 1.34155, 1.34316
What it said to watch
M15 close back above 1.34155 minor pivot would neutralise the breakout
Acceptance below 1.33900 psych opens further downside
RSI sub-20 raises odds of a corrective bounce without changing structure
02:00 UTC
Downtrend, fresh lows · RSI 22 · price 1.34014
Lower highs and lower lows since London open.
Steady grind lower since the NY session sell-off from 1.3457, with price now printing fresh session lows at 1.3401 in early Asia. RSI(14) is deeply oversold near 22 but momentum hasn't shown any sign of pausing — each minor pivot has been rejected cleanly.
Support: 1.34008, 1.3395
Resistance: 1.3415, 1.3430, 1.3452
What it said to watch
Reclaim of the 1.34150 micro pivot would break the lower-high sequence
Break of 1.3395 psych opens room toward further extension
BoE Bailey commentary later this week is the binary risk for sterling
London session opened with a clean break of the 1.3420 shelf that had capped the late Asia drift, extending into a fresh session low at 1.3409. Sellers stepped in repeatedly at 1.3428–1.3430 through the Asia range, and RSI(14) is sub-35 without yet tagging oversold.
Support: 1.34093, 1.3400
Resistance: 1.3420, 1.34316
What it said to watch
M15 close back above 1.34200 broken shelf neutralises the break
Loss of 1.34093 session low extends the downtrend toward 1.34000 psych
Bailey commentary flagged in news flow could shift sterling tone intraday
01:30 UTC
Downtrend, fresh lows · RSI 32 · price 1.34121
Lower highs, lower lows after midday breakdown.
Cable broke down through 1.3420 in the late NY session and has just printed a fresh session low at 1.34093, RSI(14) sliding into the low 30s without yet hitting oversold. Asia opened heavy, extending the lower-high sequence from the 1.34327 ceiling.
Support: 1.34093, 1.34172
Resistance: 1.34289, 1.34327, 1.34487
What it said to watch
M15 close back above 1.34289 swing high would neutralise the lower-high sequence
Sustained loss of 1.34093 session low opens room toward the 1.3400 psych level
Asia session liquidity thin — moves can extend or fully reverse on light flow
01:15 UTC
Downtrend, fresh leg lower · RSI 32 · price 1.34121
Lower highs into session lows.
Sterling broke down through 1.3420 in late NY hours after a London spike to 1.34578 was fully retraced, printing a fresh session low at 1.34093. Price now consolidating just above the low into Asia open, RSI(14) near 32 and EMA20/50 capping rallies overhead.
Support: 1.34093, 1.3400
Resistance: 1.3420, 1.34316, 1.34578
What it said to watch
M15 close back above 1.34200 prior pivot would neutralise the breakout
Loss of 1.34093 session low opens the 1.3400 round number
BoE Bailey commentary flagged in news flow could shift sterling tone
Price drifted sideways in a tight 1.3427–1.3432 band through the Asia session before breaking lower into the close, printing a fresh session low at 1.34141. RSI(14) at 32 confirms momentum aligned with the break; both EMA20 and EMA50 cap from above.
Support: 1.34141, 1.34163
Resistance: 1.34316, 1.34326
What it said to watch
Reclaim of 1.34316 swing high negates the lower-low read
Failure to hold 1.34141 session low extends the leg lower
Bailey commentary flagged in news could shift sterling tone
Lower highs into late NY, base forming above session low.
Cable sold off hard during NY hours after a sweep of the 1.3457 spike high, breaking to 1.3414 and now drifting on a fresh leg lower into Asia. Price is pinned just above the session low at 1.34141 with RSI(14) at 36 — no oversold extreme yet, EMA20/50 both overhead.
Support: 1.34141, 1.34163
Resistance: 1.34316, 1.34327
What it said to watch
Loss of 1.34141 session low extends the lower-high sequence
Reclaim of 1.34327 range top neutralises the late-NY breakdown
Thin Asia liquidity around Iran headlines could exaggerate moves
London-NY produced a sharp spike to 1.34578 that was immediately rejected, dumping to 1.34172 and setting the day's lower-high structure. Asia has bled lower from 1.34316, taking out the prior session low at 1.34163 to print 1.34141 before a shallow bounce; RSI(14) at 35 with price under both EMAs.
Support: 1.34141, 1.34163
Resistance: 1.34316, 1.34507, 1.34578
What it said to watch
M15 close back above the asia high at 1.34316 would neutralise the lower-high read
Sustained break of the session low at 1.34141 extends the downtrend
BoE Bailey commentary flagged in news flow could shift sterling tone
Cable broke down through 1.34186 during NY hours and after a weak bounce capped at 1.34327 (the prior swing high), sellers have pressed price to a fresh session low at 1.34141. RSI(14) at ~32 is approaching oversold but not yet extended; momentum still pointing lower into the Asia session open.
Support: 1.34141, 1.34163
Resistance: 1.34316, 1.34327
What it said to watch
M15 close back above 1.34316 swing high would neutralise the lower-high sequence
Loss of 1.34141 session low extends the leg lower
BoE Bailey commentary flagged in news flow could shift sterling tone
Lower highs into 1.3420 base, intraday range forming.
NY session saw a sharp leg down from 1.3457 to 1.3416 after a spike-and-fail at 1.3458, with price then basing between 1.3420 and 1.3432. Late-session sellers returned at the range top and pushed price back toward the session low at 1.3416, RSI(14) easing to 38.
Support: 1.34163, 1.34186
Resistance: 1.34316, 1.34578, 1.34529
What it said to watch
M15 close above 1.3432 range top would neutralise the lower-high sequence
Break of 1.3416 session low extends the downtrend
BoE Bailey commentary later this week is the primary GBP catalyst