GBP/USD AI Live Scan, 15-minute chart, Friday, 29 May 2026
Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
20:45 UTC
Intraday uptrend after NY spike · RSI 58 · price 1.34601
Higher-low base, range top capped at 1.3485.
Sharp NY-session breakout off 1.3430 took price ~45 pips to 1.3485 on the Trump/Iran headlines, then faded into a 1.3455–1.3470 consolidation. Last few bars rolling over from the micro high at 1.3471 with price now testing 1.3460, RSI cooling from the post-spike extreme.
Support: 1.3455, 1.3439, 1.3416
Resistance: 1.3471, 1.3485
What it said to watch
M15 close below 1.3455 swing low opens path back to 1.3439 pre-spike base
Reclaim of 1.3471 micro high puts the 1.3485 spike high back in play
Headline risk remains elevated — Iran deal status unresolved post Situation Room
Higher lows since 1.3408, now consolidating below 1.3485 swing high.
Sharp NY-session spike from 1.3440 to 1.3485 on Trump's Hormuz blockade-lift headlines, followed by a pullback to 1.3455 and a steady grind back toward the spike high. Price now consolidating in a 1.3455–1.3471 band, holding above EMA20/50 with RSI(14) neutralised near 58.
Support: 1.3455, 1.3439, 1.34083
Resistance: 1.3471, 1.34851
What it said to watch
M15 close above 1.3485 spike high reopens upside extension
Loss of 1.3455 session low breaks the post-spike higher-low chain
Headline risk remains live — any reversal on Iran/Hormuz talks could re-rate the move
Higher highs/lows post-NY spike, now consolidating below session high.
GBPUSD ripped from 1.3440 to 1.3485 on the Trump Iran headlines during NY hours, then faded back to test 1.3455 before buyers stepped in again. Price now consolidating in the 1.3460–1.3470 zone near the late-NY high, RSI cooling from overbought into the low 60s.
Support: 1.3455, 1.3439, 1.34083
Resistance: 1.34708, 1.34851
What it said to watch
Loss of 1.3455 swing low would unwind the post-spike structure
Reclaim of 1.3471 recent high reopens the 1.3485 session high
Headline risk remains live — Iran deal commentary can re-trigger the move
Higher low formed, pulling back from session high.
GBPUSD ripped from 1.3439 to 1.3485 in a single M15 candle on the Trump naval blockade headline during NY hours, then faded back to retest the 1.3455 area where buyers stepped in. Pair has reclaimed 1.3469 into the close, consolidating in the upper half of the post-spike range.
Support: 1.3455, 1.3439, 1.3429
Resistance: 1.3478, 1.3485
What it said to watch
M15 close back under 1.3455 session HL would negate the breakout-retest read
Reclaim of 1.3478 spike close opens the path back to the 1.3485 session high
Headline risk remains elevated — further US-Iran developments could spike volatility
19:45 UTC
Intraday uptrend after NY spike · RSI 58 · price 1.34674
Higher high printed, now consolidating below session high.
GBPUSD spiked from 1.3440 to 1.3485 during NY hours on Trump's Hormuz blockade-lift headline, then faded to 1.3455 before reclaiming 1.3467. Price is consolidating mid-range between the pullback high at 1.3474 and the swing low at 1.3455, RSI cooling to 58 after the impulse.
Support: 1.3455, 1.3439, 1.3423
Resistance: 1.3474, 1.34851
What it said to watch
M15 close below 1.34550 swing low would unwind the breakout structure
Reclaim of 1.34740 pullback high opens path to retest 1.34851 session high
Headline risk remains elevated — Iran deal status unresolved after Situation Room meeting
19:30 UTC
Intraday recovery off lows, pullback in progress · RSI 48 · price 1.34655
Higher low printed at 1.3408, NY spike to 1.3485, now retracing.
NY session spiked GBPUSD from 1.3440 to 1.3485 on Trump's Hormuz blockade-lift headlines, then faded back through the breakout zone. Price now consolidating around 1.3465 after retesting the session low at 1.3455, RSI(14) neutral near 47.
Support: 1.3455, 1.3440, 1.34083
Resistance: 1.3474, 1.3485
What it said to watch
M15 close below 1.3455 session low reopens the 1.3440 pre-spike zone
Reclaim of 1.3474 pivot puts the 1.3485 spike high back in play
Iran deal headlines remain the dominant intraday driver
Higher low into NY, news-driven spike, now fading.
Sharp NY-session breakout on Trump's Hormuz blockade-lift headline drove cable from 1.3440 to 1.3485 in two bars, then faded back through the move. Price has stabilised around 1.3460 with RSI cooling to neutral; spike retest at 1.3474 capped the bounce and session low at 1.3455 is holding for now.
Support: 1.3455, 1.3439, 1.34174
Resistance: 1.3474, 1.34851
What it said to watch
M15 close below 1.3455 session low opens path back to 1.3439 pre-spike base
Reclaim of 1.3474 spike retest puts 1.3485 session high back in play
Iran headline flow remains the dominant driver — fresh comments could re-spike either way
19:00 UTC
Intraday up, pulling back from spike high · RSI 46 · price 1.34582
Spike-and-fade after Trump headline, retracing into session range.
NY session printed a vertical spike to 1.34851 on Trump's Hormuz blockade-lift headline, then faded the entire move through the second half of NY. Price now sits back at 1.3458, below the EMA20 with the session low at 1.34554 being probed.
Support: 1.34554, 1.3444, 1.34303
Resistance: 1.3466, 1.3477, 1.34851
What it said to watch
M15 close below 1.34554 confirms full retrace of the headline spike toward the 1.34440 pre-spike base
Reclaim of 1.34660 micro pivot would stabilise the fade
Ongoing US-Iran headline flow can re-trigger volatility outside structural levels
18:45 UTC
Intraday up leg cooling · RSI 51 · price 1.34598
Post-spike consolidation under 1.3485.
Sharp 40-pip impulse during NY hours following Trump's blockade-lift headline took price from 1.3440 to a 1.34850 spike high, then faded back through the move. Price now consolidating in the lower half of that leg, holding above the 1.34550 session low with RSI back to neutral.
Support: 1.3455, 1.3440, 1.3423
Resistance: 1.3470, 1.3485
What it said to watch
M15 close below 1.34550 session low opens 1.34400 pre-spike base
Reclaim of 1.34700 minor pivot puts spike high 1.34850 back in play
Further US-Iran headlines could override structural read
18:30 UTC
Intraday spike fading · RSI 43 · price 1.34601
Post-spike pullback off 1.3485 high.
Cable spiked ~50 pips off 1.3440 into 1.3485 on the Trump Hormuz-blockade headline during NY hours, then immediately rejected and has bled lower into 1.3460. Price now sits below the post-spike consolidation and is testing the 1.3455 session low after a fresh leg down.
Support: 1.3455, 1.3439, 1.34174
Resistance: 1.3470, 1.3485
What it said to watch
M15 close below 1.3455 confirms full unwind of the headline spike toward 1.3439
Reclaim of 1.3470 ema20 would stabilise the pullback
Further Iran/US headline flow could re-spike either direction
GBPUSD ripped from 1.3440 to 1.3485 during NY hours on the Trump Hormuz blockade-lift headline, then faded the entire spike with a chain of lower highs (1.3485 > 1.3471 > 1.3467). Price is now pressing the session low at 1.3455 with RSI(14) near 41 and ATR ~6 pips, no setup in play until either side breaks.
Support: 1.34552, 1.34294, 1.34083
Resistance: 1.34714, 1.34851
What it said to watch
M15 close below 1.34552 opens path to 1.34294 pre-spike low
Reclaim of 1.34714 lower high invalidates the fade read
Sharp NY breakout, now pulling back from session high.
GBPUSD ripped from 1.3440 to 1.3485 on the Trump Hormuz blockade-lift headline during the NY session, then faded back to 1.3460. Price is now pulling lower toward the session low at 1.3458, with RSI cooled back to neutral after the spike-driven overbought reading.
Support: 1.34583, 1.34395, 1.34083
Resistance: 1.34774, 1.34851
What it said to watch
M15 close below 1.3458 session low opens path back to 1.3440 pre-spike area
Reclaim of 1.3477 spike close needed to retest 1.3485 session high
Iran-US headline flow remains the dominant driver and can override structure
Sharp NY-session impulse off 1.3408 lows printed a 45-pip spike candle into 1.3485 on the Trump Hormuz blockade headline, then immediately rejected. Price has bled back to 1.3461 with RSI rolling from 78 to 51, and the 1.3474 pullback high is now capping.
Support: 1.34596, 1.3444, 1.34083
Resistance: 1.3474, 1.34851
What it said to watch
Sustained M15 close back above 1.3474 pullback hi would reassert the breakout
Loss of 1.3460 session low opens 1.3444 breakout base
Ongoing US-Iran headline flow can override structure on either side
Price spiked from 1.3439 to 1.3485 during NY hours on the Trump Hormuz blockade headline, breaking the prior intraday range and tagging 1.3485 twice before fading. Now consolidating around 1.3466 with RSI cooling from the overbought spike, holding above the 1.3464 pullback low.
Support: 1.34637, 1.34395, 1.34083
Resistance: 1.34851, 1.34774
What it said to watch
M15 close below 1.34637 opens the path back to the 1.34395 breakout base
Reclaim of 1.34774 puts the 1.34851 session high back in play
Headline-driven move — further Iran/Hormuz developments could re-shape this read instantly
17:15 UTC
Intraday uptrend after NY spike · RSI 65 · price 1.34682
Range break higher, now consolidating below session high.
NY session ripped through 1.3450 on the Trump blockade-lift headline, printing a 40-pip impulse candle into 1.34851 before stalling. Price has since faded back to 1.34680 and is balancing between the spike close at 1.34774 and the swing low at 1.34637, RSI cooling from overbought.
Support: 1.34637, 1.34395, 1.34083
Resistance: 1.34774, 1.34851
What it said to watch
M15 close below 1.34637 negates the breakout and reopens 1.34395
Reclaim of 1.34774 puts session high 1.34851 back in play
Ongoing Iran/US headline flow could trigger further out-of-structure moves
Impulsive breakout from 1.3410 base, pullback in progress.
Sharp NY-session impulse off 1.3408 took price 75 pips into 1.3485 on the Trump blockade-lift headline, with a single 41-pip candle doing most of the work. Price has since rolled back to 1.3466 and is now testing the session low; the rejection from 1.3485 leaves a clean lower-high while RSI cools from the mid-70s.
Support: 1.34654, 1.34395, 1.34083
Resistance: 1.34774, 1.34851
What it said to watch
Hold of 1.3465 session low keeps the breakout structure intact
M15 close back below 1.3440 breakout base would unwind the rally
Reclaim of 1.3477 breakout close would re-open 1.3485 session high
Headline risk remains elevated on US-Iran negotiation flow
16:45 UTC
Intraday reversal higher · RSI 68 · price 1.34674
Range break to upside, pullback in progress.
Sharp NY-session breakout on the Trump naval blockade headline drove cable from 1.3440 to 1.3485 in two bars, retracing toward 1.3465 as the move cools. RSI(14) eased from overbought after the spike; structure now ranging just under session high with the prior range cap at 1.3440 acting as breakout base.
Support: 1.3465, 1.3440, 1.3417
Resistance: 1.3485, 1.3477
What it said to watch
M15 close back below 1.3440 breakout base would invalidate the upside read
Break and hold above 1.3485 session high opens continuation
Further Iran/US headlines remain the dominant driver
16:30 UTC
Intraday reversal higher · RSI 67 · price 1.34661
Range break above 1.3447, pullback in progress.
NY session ripped through the 1.3447 range top on Trump's naval blockade headline, printing a 40-pip impulse candle to 1.3485 before pulling back. Price now consolidating around 1.3466 as the breakout retests the prior ceiling from above; RSI cooling from overbought into the mid-60s.
Support: 1.34395, 1.34083
Resistance: 1.34851, 1.3447
What it said to watch
M15 close back below 1.3440 would invalidate the breakout read
Hold above the breakout base near 1.3440 keeps the impulse structure intact
Reclaim of 1.3485 session high reopens the upper extension
Geopolitical headline flow (Iran/Hormuz) remains the dominant driver
16:15 UTC
Intraday downtrend reversed by NY headline spike · RSI 76 · price 1.34751
Sweep of session low followed by impulsive break above range.
GBPUSD swept the session low at 1.3408 during early NY then ripped 70+ pips on the Trump naval-blockade headline, breaking the 1.3440–1.3450 range top. Price now consolidating 1.3471–1.3485 with RSI(14) at 76, hot but expected post-impulse.
Support: 1.3471, 1.3444, 1.34083
Resistance: 1.34851, 1.34504
What it said to watch
Hold above 1.34710 keeps the breakout structure intact
Failure back below 1.34440 negates the headline-driven break and reopens 1.3408
Headline-driven move — further Iran/US developments could re-rate this quickly
16:00 UTC
Intraday downtrend reversed by NY headline spike · RSI 68 · price 1.34735
Range break higher after sweep of session low.
Price spent London hours grinding lower from 1.3450 into a 1.3408 session low, then exploded ~45 pips on the Trump naval-blockade headline during NY hours, tagging 1.3485 before fading back to 1.3473. Spike high has been rejected twice on the last two bars, with buyers defending the 1.3439 breakout base so far.
Support: 1.3439, 1.3429, 1.34083
Resistance: 1.3485, 1.34774
What it said to watch
M15 close back below 1.34390 invalidates the breakout and reopens 1.3429
Clean break above 1.34850 extends the headline move
Further Iran/Trump headlines could materially shift this read given the spike was news-driven
15:45 UTC
Intraday reversal higher · RSI 78 · price 1.34758
Range break above session highs.
NY session ripped through 1.3450 with a 40-pip impulse candle into 1.3485 on the Trump Hormuz blockade headline, taking out two days of session highs. RSI(14) stretched to 78 and the latest bar shows a pullback into 1.3474, with 1.3485–1.3450 now the active reaction zone.
Support: 1.34739, 1.3447, 1.34083
Resistance: 1.34805, 1.3485
What it said to watch
Hold of 1.34739 pullback low keeps the breakout structurally intact
M15 close back below 1.34470 prior cap negates the range break
Spike high 1.34850 rejection with RSI cooling would signal exhaustion
Further Iran/Hormuz headlines remain the dominant intraday driver
Range break to the upside after NY-hours sweep of session lows.
GBPUSD ripped ~45 pips on the NY headline that Trump will lift the naval blockade, breaking out of the 1.3410–1.3445 NY-session range and tagging 1.3485. RSI(14) near 81 flags a stretched move; price has paused just under the highs with the breakout retest zone at 1.3444 the immediate structural reference.
Support: 1.3444, 1.3429, 1.34083
Resistance: 1.34846, 1.3500
What it said to watch
M15 close back below 1.34440 invalidates the breakout and reopens the range
Sustained acceptance above 1.34846 session high opens path toward the 1.3500 round number
Further Iran/Hormuz headlines could materially shift this read given the move was news-driven
15:15 UTC
Intraday downtrend broken by sharp NY spike · RSI 78 · price 1.34796
Range break higher after session lows held.
Price spiked from 1.3439 to 1.3480 in a single bar during NY hours, breaking the 1.3450 cap that contained the prior six hours and clearing the 1.3441 spike high pivot. Session low at 1.3408 held twice forming a double bottom before the leg, and RSI(14) is now stretched near 78.
Support: 1.3438, 1.3429, 1.34083
Resistance: 1.34805, 1.34504
What it said to watch
M15 close back below 1.3450 would mark the spike high as a false break
Holding 1.3438 pivot on pullback keeps the breakout structure intact
Iran/US headline flow remains the dominant driver, capable of overriding structure
Price flushed from 1.3450 down to 1.3408 during early NY before reclaiming, with buyers stepping in twice near 1.3410–1.3419 to form a double bottom. The rebound has stalled into the 1.3447–1.3470 session high band; RSI(14) has cooled from 71 back to mid-50s after the rejection.
Support: 1.34294, 1.34188, 1.34083
Resistance: 1.3447, 1.34504, 1.34345
What it said to watch
M15 close above 1.3470 opens path back to 1.3504 prior high
Failure to hold 1.3429 session low reopens the 1.3408 NY low
Bailey hawkish remarks already in price — fresh Fed commentary could shift the read
14:45 UTC
Intraday recovery off NY low · RSI 55 · price 1.34387
Range with failed downside break, now rotating back to range mids.
NY session swept the London range with a flush to 1.3408 swing low before reclaiming the 1.3440s, leaving a false break footprint on the lower side. Price is now consolidating just under session high at 1.34447 with RSI(14) around 55 after lifting off oversold during the sweep.
Support: 1.34339, 1.34188, 1.34083
Resistance: 1.34447, 1.34504
What it said to watch
M15 close above 1.34447 session high opens path toward prior high at 1.34504
Loss of 1.34339 session low reopens NY low at 1.34188
Bowman and Paulson Fed commentary on stalled disinflation could inject USD volatility in coming hours
14:30 UTC
Recovering from intraday flush · RSI 58 · price 1.34366
Range break lower then sharp reclaim.
NY session sold GBPUSD from 1.34470 down to a 1.34083 spike low before buyers reclaimed the entire move, with price now back at 1.34366 testing the prior range mid. Bailey's hawkish tone and Bowman's stalled-inflation remarks helped the recovery; momentum cooled into the close of the latest bar after tagging 1.34470 session high again.
Support: 1.3429, 1.34175, 1.34083
Resistance: 1.3447, 1.34504
What it said to watch
M15 close above 1.34470 session high opens 1.34504 prior high
Rejection here and loss of 1.34290 swing low reopens 1.34175 session low
Ongoing Fed-speak and Iran headlines remain a tape risk
Cable flushed to a session low at 1.34083 during the London-NY transition then mounted a steady recovery into NY hours, tagging 1.34470 before the current bar faded back to 1.3438. RSI cooled from the 70s on that rejection and the micro pivot at 1.34340 is now the line holding the bounce.
Support: 1.3434, 1.34185, 1.34083
Resistance: 1.34448, 1.34504
What it said to watch
M15 close above 1.34504 prior high extends the recovery leg
Loss of 1.34340 micro pivot reopens the session low at 1.34185
Failure to reclaim 1.34448 session high keeps the rejection wick in play
GBPUSD carved a session low at 1.34083 during the London session, then ground higher into NY with a sharp recovery leg reclaiming 1.344. RSI(14) at 71 is hot but consistent with the impulsive move; price is now retesting the 1.34504 prior high with the window high at 1.34508 capping.
Support: 1.3434, 1.3423, 1.34083
Resistance: 1.34504, 1.34508
What it said to watch
M15 close above 1.34508 opens path back to the window high
Rejection at 1.34504 followed by loss of 1.34340 micro pivot reopens 1.34230 swing low
Failure to hold 1.34083 session low confirms a lower-low and invalidates the recovery read
13:45 UTC
Intraday downtrend, late recovery · RSI 60 · price 1.34398
Lower-high then bounce off 1.3408 swing low.
London-NY transition sold GBPUSD from 1.3444 down to an intraday low at 1.3408, then a double bottom around 1.3410–1.3417 brought price back to 1.3440. RSI(14) has lifted to ~60 as the NY swing high at 1.3441 is being retested.
Support: 1.34303, 1.34174, 1.34083
Resistance: 1.34441, 1.34508
What it said to watch
Close above 1.34441 opens path back toward the session high at 1.34508
Failure at 1.3440 and break of 1.34303 reasserts the intraday downtrend toward 1.34083
GBPUSD swept the London low at 1.3408 and reclaimed back into the 1.3430s during the NY open, with RSI(14) lifting to 64 from oversold. Price is now pressing toward the prior pivot at 1.3440 after a clean higher-low sequence off 1.3415.
Support: 1.34083, 1.3415
Resistance: 1.3440, 1.34508
What it said to watch
M15 close above 1.3440 opens path back to session high 1.3508
Rejection at 1.3440 and loss of 1.3415 reopens the session low 1.3408
Iran/Middle East headline risk could inject USD bid and override the intraday structure
London-NY transition sold GBP into a session low at 1.3408 after Bailey's cautious tone, then NY hours bid it back to 1.3434 with RSI(14) lifting to ~64. Price is now stalling at the intraday high after a clean reclaim of the 1.3419 swing low.
Support: 1.34083, 1.34188
Resistance: 1.34346, 1.34508
What it said to watch
M15 close above 1.34346 intraday hi opens path back toward 1.34508
Rejection here and loss of 1.34188 swing low re-exposes the 1.34083 session low
NY session sold GBPUSD from 1.3486 down to a 1.3408 session low after Bailey's cautious tone, but the last two hours have carved a double bottom around 1.3410 with a bullish RSI divergence and price reclaiming 1.3428. Soft US wholesale inventories and goods trade prints helped the bounce, though the broader M15 structure of lower highs is still intact below 1.3450.
Support: 1.3408, 1.3383
Resistance: 1.3430, 1.3450, 1.3486
What it said to watch
M15 close above 1.3450 prior shelf invalidates the lower-high sequence
Loss of 1.3408 session low reopens the 1.3383 swing low
Stall under 1.3430 micro pivot keeps the downtrend read alive into NY close
Swept session low at 1.3408, bouncing into mid-range.
London session sold GBPUSD into 1.3408 after Bailey's cautious remarks, then NY hours absorbed the move and lifted price back to 1.3429 with bullish RSI divergence on the retest of lows. Price now mid-range between session low 1.3408 and NY high 1.3430, no clean directional structure.
Support: 1.34083, 1.34153
Resistance: 1.34296, 1.34508
What it said to watch
M15 close above 1.34296 NY high opens path back toward 1.3450
Loss of 1.34083 session low confirms continuation of London downleg
Thin late-Friday liquidity can exaggerate moves on either side
GBPUSD sold off through NY morning from 1.3450 to a session low at 1.3408 following Bailey's cautious tone, then put in a double bottom and is grinding back to the session high at 1.3430. Soft German CPI did little for the pair; price is now testing intraday resistance with RSI cooling from the bounce.
Support: 1.34083, 1.34174
Resistance: 1.34297, 1.34439, 1.34504
What it said to watch
Sustained close above 1.3430 session high opens path back to 1.3450
Loss of 1.3408 session low resumes the intraday downtrend
Reaction at 1.3440 prior swing decides whether the bounce extends
Lower highs into 1.3408 low, corrective leg up underway.
GBPUSD broke down from the 1.3440 shelf during NY hours following Bailey comments, bottoming at 1.3408 before a late-session bounce now pressing into the 1.3430 micro high. Price is recovering off session lows but still trades below the 1.3440 breakdown level, leaving the intraday downtrend intact unless reclaimed.
Support: 1.34083, 1.34153
Resistance: 1.34296, 1.34415
What it said to watch
Reclaim of 1.34415 breakdown level would neutralise the intraday downtrend
Loss of 1.34083 session low extends the leg lower
German CPI miss already in the tape — limited follow-through expected from EUR cross flows
12:00 UTC
Intraday downtrend after London rejection · RSI 47 · price 1.34259
Lower highs, lower lows from 1.3450 peak.
GBPUSD spiked to 1.3450 on the London open then rolled over through NY hours after BoE Bailey's cautious comments, breaking the 1.3438 shelf and printing a session low at 1.3408. Last few bars are a shallow bounce back into the broken shelf, RSI(14) recovering from the mid-30s to neutral 47.
Support: 1.34083, 1.3400
Resistance: 1.34276, 1.3438, 1.34508
What it said to watch
M15 close back above 1.3438 broken shelf would neutralise the lower-high sequence
Loss of 1.3408 session low opens the 1.3400 psych area
Light Friday afternoon liquidity into NY close may distort follow-through
11:45 UTC
Intraday downtrend, lower highs into NY · RSI 42 · price 1.34169
Rejection from 1.3450 cluster, working back toward session lows.
GBPUSD sold off through London-NY into 1.3408 session low after Bailey commentary, then chopped sideways in a tight 1.3410–1.3420 range. Lower highs stacked from the 1.3450 London peak; price now pinned below EMA20 and EMA50 with RSI mid-40s, no bounce conviction.
Support: 1.34083, 1.3400
Resistance: 1.34199, 1.34276, 1.34439
What it said to watch
M15 close back above 1.3420 recent high would neutralise the lower-high sequence
Break of 1.3408 session low opens 1.3400 psych level
Thin liquidity into Friday US close may amplify either move
GBPUSD rolled over from the 1.3450 NY high after Bailey's comments and has carved a clean lower-high sequence into the 1.3408 session low. Price is now basing in a tight 1.3410–1.3420 range below EMA20/50, RSI(14) at 38 — soft but not extended.
Support: 1.34083, 1.3400
Resistance: 1.34199, 1.34276, 1.3445
What it said to watch
M15 close above the 1.3420 micro pivot would break the lower-high chain
Loss of the 1.3408 session low opens the 1.3400 round number
Reaction to next US session headlines could shift the read given thin late-Friday flow
11:15 UTC
Intraday downtrend, sellers in control · RSI 36 · price 1.34157
Lower highs and lower lows since session peak.
GBPUSD slid through the European session after Bailey signalled rate cuts are off the table but flagged Middle East risks, with price breaking down from 1.3432 and printing a session low at 1.3408. Current bar consolidating just above 1.3415, RSI(14) at 36 — soft but not oversold.
Support: 1.34083, 1.3400
Resistance: 1.34188, 1.34257, 1.34322
What it said to watch
Reclaim of 1.34188 minor swing would neutralise the intraday downtrend
Break of 1.34083 session low extends the move toward the 1.3400 round number
Tight 1.3410–1.3418 consolidation; sustained close either side sets next leg
11:00 UTC
Intraday pullback from session high · RSI 36 · price 1.34138
Lower-highs since NY open, testing range floor.
London session spiked to 1.3451 then faded all afternoon, with NY hours extending the slide to a session low at 1.3408 after Bailey commentary. Price now consolidating in a tight 1.3413–1.3419 band just above the low; RSI(14) near 36 reflects the sell pressure without being stretched.
Support: 1.34083, 1.3400
Resistance: 1.3419, 1.34275, 1.34508
What it said to watch
M15 close below 1.3408 opens path toward 1.3400 psych
Reclaim of 1.3419 micro lh would neutralise the intraday downtrend
Thin late-Friday liquidity may amplify any break
10:45 UTC
Intraday pullback from session high · RSI 33 · price 1.34148
Lower highs forming after rejection at 1.3450.
Cable spiked to 1.3450 during the Asia-London handover then faded steadily through the London session, printing a chain of lower highs into the 1.3408 session low after Bailey's comments. Price now hovers just above the round 1.3400 with RSI near 33 — pullback intact but stretched short term.
Support: 1.34083, 1.3400
Resistance: 1.3419, 1.34275, 1.34508
What it said to watch
Reclaim of 1.3419 micro high would neutralise the lower-high sequence
M15 close below 1.3408 session low opens 1.3400 round number
NY session open in coming hours could re-rate volatility
10:30 UTC
Intraday pullback after London push higher · RSI 36 · price 1.34154
Lower highs from session peak, testing prior support shelf.
London session pushed to 1.3451 before sellers stepped in on Bailey's hawkish-hold remarks, dragging price back to the 1.3408 session low. Price now consolidating just above that low with RSI(14) at 36 — soft but not extreme — both EMAs capping above.
Support: 1.34083, 1.3400, 1.3387
Resistance: 1.3419, 1.3428, 1.34508
What it said to watch
M15 close below 1.3408 session low opens path toward the 1.3387 prior low
Reclaim of 1.3419 micro LH needed to neutralise the intraday downtrend
Further BoE Bailey headlines could re-introduce volatility
Sharp leg lower out of London hours pulled price from 1.3445 down through 1.3415 into a session low at 1.34083, RSI(14) printing 32 with a mild bullish divergence on the last probe. Buyers stepped in just above the 1.3400 psych level, last bar closing 1.34159 mid-range, but micro lower highs into 1.34190 keep the pullback intact.
Support: 1.34083, 1.3400, 1.3387
Resistance: 1.3419, 1.3428
What it said to watch
M15 close back above 1.34190 micro lh would neutralise the downside read
Break of 1.34083 session low opens path toward the 1.3400 psych and 1.33870 asia low
NY open in the next hour could redefine the session range
10:00 UTC
Intraday pullback from session high · RSI 28 · price 1.34134
Lower highs forming after rejection at 1.3450.
London session pushed to 1.3450 then rolled over, breaking the 1.3430 support into NY hours with price now probing the session low at 1.34083. RSI(14) at 28 flags short-term oversold but no reversal candle yet; Bailey's comments earlier ('rate cuts off the table') were faded as the move unfolded.
Support: 1.34083, 1.3400, 1.3387
Resistance: 1.34195, 1.3428, 1.34508
What it said to watch
Reclaim of 1.34195 micro pivot would neutralise the downtrend read
Price rejected 1.3450 during the London session and has slid through the EMA20/50 cluster, printing lower highs into the London-NY transition with the latest leg sweeping the 1.3408 session low. RSI(14) at 32 is approaching oversold but not yet stretched, and Bailey's comments on rate cuts being off the table coincided with the latest dip.
Support: 1.34083, 1.3387
Resistance: 1.34255, 1.34504, 1.34508
What it said to watch
Reclaim of 1.34255 micro pivot neutralises the lower-high sequence
Further BoE/Bailey commentary into NY hours could shift the read
09:30 UTC
Intraday pullback from session high · RSI 31 · price 1.34156
Lower highs forming after rejection of 1.3450.
London session faded the European-open spike to 1.3450, with sellers stepping in on a clean lower-high series down to a session low of 1.3408. RSI(14) at 31 shows momentum stretched to the downside but not yet oversold; price is hugging the lows below both EMA20 and EMA50.
Support: 1.34083, 1.3400, 1.3387
Resistance: 1.3420, 1.3428, 1.34508
What it said to watch
M15 close back above 1.3420 invalidates the lower-high read
Break and hold below 1.3408 opens 1.3400 round number then 1.3387 prior swing
Stalling at session low with no further downside would suggest base-building
09:15 UTC
Intraday pullback from session high · RSI 32 · price 1.34096
Rejection from 1.3450, lower highs into NY.
London ramped from 1.3387 to a session high at 1.3450 and consolidated through early NY before rolling over; last few bars printed a clean lower high and broke back below 1.3420 with RSI(14) near 32. Pullback testing session low at 1.3408, ATR(14) around 5 pips.
Support: 1.34083, 1.33946, 1.3387
Resistance: 1.3420, 1.3435, 1.34508
What it said to watch
M15 close below 1.34083 confirms break of session low and opens 1.3395
Reclaim of 1.3420 broken pivot would neutralise the lower-highs read
BoE/Fed speakers or US data into NY hours could reset intraday tone
09:00 UTC
Intraday pullback after London push · RSI 27 · price 1.34152
Lower highs forming off 1.3450.
Price slid through the 1.3435 shelf during the London-NY transition and is printing fresh session lows at 1.3415 with RSI(14) near 27. Lower highs from 1.3450 → 1.3425 → 1.3225 show momentum staying on the offer, though the move is now stretched on M15.
Support: 1.34149, 1.34072, 1.3387
Resistance: 1.34256, 1.34355, 1.34508
What it said to watch
Reclaim of 1.34256 micro lh would neutralise the downtrend read
Failure to hold 1.34149 session low opens path toward 1.34072 prior swing
Oversold RSI raises odds of a corrective bounce inside the lower-high sequence
08:45 UTC
Intraday pullback from session high · RSI 33 · price 1.34187
Rejection from 1.3450 area, lower highs forming.
London session faded the move into 1.3444, with a sharp drop through 1.3430 and 1.3425 taking price to a session low at 1.34174. RSI(14) near 32 and price trading below both EMAs, but momentum stalling at the lows in the last two bars.
Support: 1.34174, 1.34072, 1.3387
Resistance: 1.3429, 1.34444
What it said to watch
M15 close below 1.34174 extends the leg toward 1.34072 prior swing
Reclaim of 1.34290 micro lh would neutralise the pullback
Soft German/French CPI prints already in; US session open could re-price
Price rallied from the Asia low at 1.3387 through London into a session high at 1.3450, then chopped sideways before the European open delivered a sharp leg down to 1.3417. Currently 1.3418, sitting on session low with RSI cooling to mid-30s after the impulsive sell-off.
Support: 1.34174, 1.34072, 1.3387
Resistance: 1.34255, 1.34508, 1.34439
What it said to watch
M15 close below 1.34174 session low opens path toward 1.3407
Reclaim of 1.34255 minor pivot would neutralise the pullback
German state CPI prints still trickling in could add EUR-driven noise
London open drove price from 1.3407 to a session high of 1.34508 before NY hours saw two-way trade and a clean breakdown into early Asia, with the last hour selling through 1.34330 broken support down to a session low at 1.34230. RSI(14) has cooled to 33 as the pullback extends; price is now probing the 1.34170 swing low area with no sign of reclaim yet.
Support: 1.3423, 1.3417, 1.3407
Resistance: 1.3433, 1.3444, 1.34508
What it said to watch
M15 close back above 1.34330 neutralises the breakdown
Failure to hold 1.34170 confirms a lower-low and opens 1.34070
German state CPI prints still trickling through could add EUR-led noise
Price chopped in a 1.3434–1.3445 range through the Asia session before London opened with a sharp leg lower, breaking the range and sweeping to 1.34174. RSI(14) at 36 with price below both EMAs — momentum has flipped intraday after rejection at 1.34444.
Support: 1.34174, 1.34072, 1.3387
Resistance: 1.34336, 1.34444
What it said to watch
Reclaim of 1.34336 would neutralise the range break
Loss of 1.34174 session low opens path toward 1.34072
BoE's Bailey speech could materially shift this read
Lower-high forming below 1.3450 after London rally.
Cable rallied from 1.3387 Asia low into a 1.3450 London high, then chopped sideways before a sharp rejection off 1.3444 dropped price to a session low of 1.3421. RSI(14) is cooling into 32 as the last bar prints near the lows.
Support: 1.34213, 1.34072, 1.3387
Resistance: 1.34439, 1.34508
What it said to watch
M15 close below 1.34213 confirms a lower-low and opens 1.3407
Reclaim of 1.3444 invalidates the rejection read
Bailey speech today could materially shift this read
07:30 UTC
Uptrend stalling after London push · RSI 43 · price 1.34304
Rising from 1.3387 swing low; recent lower-high near 1.3450.
After the London-session impulse from 1.3387 to 1.3450, price has spent the Asia and early London hours coiling between 1.3430 and 1.3450, with the latest bar punching down to retest session low 1.3430. RSI cooling to mid-40s and price slipping under EMA20/50 signal the impulse has lost steam.
Support: 1.34303, 1.34252, 1.34122
Resistance: 1.34439, 1.34508, 1.34504
What it said to watch
M15 close below 1.34252 confirms a lower-low and breaks the intraday uptrend structure
Reclaim of 1.34439 with follow-through would reopen 1.34508 session high
BoE Bailey speech later in European session could materially shift this read
Higher highs, now consolidating below session high.
London open delivered an impulsive breakout from the Asian range, tagging 1.34508 before settling into a tight 1.34320–1.34440 consolidation. RSI(14) has cycled back to neutral as price chops sideways into early European hours ahead of Bailey at 09:10 GMT.
Support: 1.3432, 1.3415, 1.3387
Resistance: 1.3444, 1.34508
What it said to watch
M15 close above 1.34440 reopens 1.34508 session high
Loss of 1.34320 swing low exposes 1.34150 pivot
BoE Bailey speech at 09:10 GMT could break the consolidation
Higher highs into range, now consolidating below 1.3450.
Sharp London-session breakout from 1.3407 stretched to 1.3450 then stalled, with price now coiling in a 1.3430–1.3450 range. RSI(14) has cooled back to mid-50s after the impulse, and the session low at 1.3430 has been retested twice without giving way.
Support: 1.34303, 1.34072, 1.3387
Resistance: 1.34508, 1.34483
What it said to watch
M15 close above session high 1.3450 reopens the breakout leg
Loss of 1.3430 session low exposes the 1.3407 breakout base
BoE Bailey speech at 09:10 GMT could shift the read
Consolidation under 1.3450 session high after London spike.
Price spiked to 1.3508 during the London session yesterday then faded into a tight 1.3430–1.3478 range. Asia drifted lower to 1.3430 support and the early European session is coiling around 1.3440 ahead of Bailey at 09:10 GMT, with RSI flat near 50.
Support: 1.3438, 1.3430, 1.3380
Resistance: 1.3450, 1.3478, 1.3508
What it said to watch
M15 close above 1.3450 session high reopens 1.3478 London high
Break below 1.3430 range floor exposes 1.3380 swing low
Bailey speech at 09:10 GMT could materially shift this read
Rising from London push, now consolidating below session high.
Sharp London push from 1.3387 to 1.3450 stalled below the 1.3450–1.3450 session high, with price now grinding sideways into early European hours. RSI(14) has cooled to neutral after the impulse, and the 1.3430 session low has held on two retests.
Support: 1.34303, 1.34122, 1.33864
Resistance: 1.34508, 1.34486
What it said to watch
M15 close above 1.34508 opens room toward 1.3470
Loss of 1.34303 session low shifts read back to range
BoE Bailey speech at 09:10 GMT could materially shift this read
06:15 UTC
Uptrend, consolidating near highs · RSI 45 · price 1.34396
Range after impulse, holding above 1.3430.
Sharp impulse off 1.3407 during NY hours printed the session high at 1.34508, since then price has compressed into a tight 1.3430–1.3450 range through Asia. Current bar drifting mid-range at 1.34396, RSI(14) neutral around 45 after cooling from the impulse.
Support: 1.34303, 1.34072, 1.3387
Resistance: 1.34508, 1.34486
What it said to watch
M15 close above 1.34508 reopens the breakout leg
Loss of 1.34303 session low confirms a lower-low and breaks the range
BoE Bailey speech at 09:10 GMT could disrupt the range read
Consolidation below session high after impulsive rally.
London session ripped from 1.3399 to 1.3450 on the Bailey speech window, tagging a session high at 1.34508 before settling. Price now drifting between 1.3430 and 1.3445, RSI cooling back to neutral as Asia rolls into early European hours.
Support: 1.34303, 1.34122, 1.3387
Resistance: 1.34508, 1.34483
What it said to watch
M15 close below the 1.34303 session low opens a deeper pullback toward the 1.34122 swing low
Reclaim of 1.34483 minor high puts the 1.34508 session high back in play
BoE Bailey Reykjavik speech at 09:10 GMT could materially shift this read
05:45 UTC
Uptrend, momentum fading · RSI 47 · price 1.34396
Pullback within intraday uptrend after London-NY rally.
Sharp London-session breakout lifted cable from 1.3387 to a 1.34508 session high, then stalled into a tight 1.3430–1.3450 range through the Asia hours. Price is drifting at the lower end of that range near 1.3440, RSI(14) flat around the midline after cooling from earlier extremes.
Support: 1.34303, 1.34072, 1.33864
Resistance: 1.34508, 1.34467
What it said to watch
M15 close below 1.34303 session low opens path back to the 1.34072 breakout base
Reclaim and close above 1.34508 session high needed to resume the breakout leg
BoE Bailey speech at 0910 GMT could materially shift this read
Sharp London-session breakout topped at 1.34508 and price has since drifted into a tight consolidation, pulling back to 1.34303 before reclaiming the mid-range into Asia. RSI back to neutral and price hugging EMA20, no clean structure inside the 1.34303–1.34508 range.
Support: 1.34303, 1.34072, 1.3387
Resistance: 1.34508, 1.34486
What it said to watch
M15 close above 1.34508 reopens upside continuation
Break of 1.34303 session low signals lower-low and shifts intraday tone
BoE Bailey speech at 09:10 GMT could inject volatility into GBP
Pullback from session high, holding above prior breakout shelf.
Sharp London-session breakout to 1.34508 followed by a multi-hour consolidation between 1.34380–1.34480, now leaking lower into the Asia session with a fresh session low at 1.34303. Price still sits above the 1.34150 breakout shelf, but RSI rolling into the low 40s shows momentum from the impulse has faded.
Support: 1.34303, 1.3415, 1.3387
Resistance: 1.34508, 1.3448
What it said to watch
M15 close below 1.34303 session low opens path back toward the 1.34150 breakout shelf
Reclaim of 1.34480 prior high would reassert the uptrend structure
BoE Bailey speech at 09:10 GMT could materially shift this read
GBPUSD rallied through the London session to a 1.34508 spike high before fading; Asia is now drifting lower into 1.34303 session low with RSI(14) cooling to the low 40s. Price is grinding sideways in a tight range below the EMA20/50 cluster, momentum flat ahead of the European open.
Support: 1.34303, 1.34122, 1.3387
Resistance: 1.34508, 1.34486
What it said to watch
M15 close below 1.34303 session low opens path to 1.34122 swing low
Reclaim of 1.34486 intraday high needed to reassert upside
BoE Bailey speech at 09:10 GMT could shift the read
NY session drove a clean impulse from 1.3387 to 1.34508 followed by tight consolidation around 1.3440 through Asia. Price is now drifting off the asia high and printing a session low at 1.34303, RSI(14) cooling into the low 40s as the pullback extends.
Support: 1.34303, 1.34122, 1.3387
Resistance: 1.34508, 1.34486, 1.34439
What it said to watch
Loss of 1.34303 session low opens room toward the 1.34122 ny swing low
Reclaim of 1.34439 prior pivot would put the 1.34508 ny high back in play
BoE Bailey speech at 09:10 GMT could materially shift this read
NY session drove a sharp leg up to 1.3450 yesterday, then price consolidated in a 1.3438–1.3450 band before rolling over into Asia. Current bar at 1.34353 is pulling back into the session low at 1.34303, RSI(14) cooling into the low 40s with ATR around 5 pips.
Support: 1.34303, 1.3425, 1.3415
Resistance: 1.3444, 1.34504, 1.34508
What it said to watch
M15 close below 1.34303 session low opens path to the 1.34250 swing low
Reclaim of the 1.34440 micro pivot would put the session high at 1.34504 back in play
BoE Bailey speaking at 09:10 GMT could materially shift this read
Rally into 1.3450 resistance, pullback in progress.
M15 ripped from 1.3370 to a 1.3450 session high during the London-NY transition before stalling; price has since drifted lower into Asia, now testing 1.3430 with RSI(14) cooling near 38. Rejection from 1.3450 has produced a shallow pullback rather than a structural break.
Support: 1.34303, 1.34122, 1.3387
Resistance: 1.34504, 1.34508
What it said to watch
Loss of 1.3430 session low opens room toward the 1.3412 swing low
Reclaim of 1.3450 resistance reopens the high
BOE Bailey speech at 0910 GMT could materially shift this read
04:00 UTC
Uptrend, momentum fading · RSI 41 · price 1.34327
Pullback from session high.
Cable trended higher through London-NY yesterday, spiking to 1.34508 session high before stalling. Price now drifting back to 1.34330, sitting below EMA20/50 with momentum cooling into the Asia session.
Support: 1.3431, 1.34122, 1.3394
Resistance: 1.34508, 1.3448
What it said to watch
Loss of 1.34310 session low opens path to the 1.34122 prior swing
Reclaim of 1.34480 ny high would reassert the uptrend
BoE Bailey speech at 0910 GMT could shift the read
Higher highs, higher lows; pullback from session high.
Asia session has drifted lower after the London-NY breakout pushed price from 1.3407 to 1.3450 yesterday, with current bars rolling over from the 1.3448 area into a session low at 1.34329. RSI(14) has cooled to the low 40s and price is sitting below EMA20 but above EMA50 — pullback within the larger intraday uptrend, no setup in play.
Support: 1.34329, 1.34252, 1.34072
Resistance: 1.34439, 1.34508
What it said to watch
M15 close below 1.34252 swing low breaks the higher-low chain
Reclaim of 1.34439 prior high reopens the 1.34508 session high
BOE Bailey speech at 09:10 GMT could materially shift the read
Cable rallied through NY hours into 1.3450 after a sharp impulse off 1.3387, then stalled below the 1.34508 session high. Asia is drifting lower in a tight range, slipping toward the 1.34339 session low as RSI cools into the low 40s.
Support: 1.34339, 1.34122, 1.3387
Resistance: 1.34508, 1.34483
What it said to watch
Loss of 1.34339 session low opens room back to the 1.34122 prior swing
Reclaim above 1.34508 session high resumes the intraday uptrend
BOE Bailey speech at 0910 GMT could materially shift this read
London session pushed cable from 1.3412 to a 1.3450 session high, then drifted into a tight consolidation along the range low at 1.3438. Momentum has cooled with RSI back to neutral, buyers still defending the breakout base above 1.3425.
Support: 1.3438, 1.3425, 1.3412
Resistance: 1.34508, 1.3448
What it said to watch
M15 close below 1.34380 opens move toward 1.34250 prior swing
Break above 1.34508 session high resumes the uptrend
BOE's Bailey speaking at 09:10 GMT could shift the read
GBPUSD pushed from 1.3370 to 1.3450 through London-NY hours yesterday on a strong impulse candle, then settled into a tight 1.3438–1.3450 range through Asia. Price holding above EMA20/50 with RSI(14) neutral around 56, sitting just below the session high.
Support: 1.3438, 1.3425, 1.3410
Resistance: 1.3450, 1.3444
What it said to watch
Break and hold above 1.3450 session high opens path toward 1.3500 psych level
M15 close below 1.3438 swing low signals failure of the consolidation
BOE Bailey speech at 0910 GMT could materially shift this read
London-NY session ripped GBPUSD off 1.3370 through a clean breakout above 1.3410, peaking at 1.3450 before going flat. Asia is consolidating in a tight 1.3438–1.3450 range with RSI cooling to mid-50s and ATR compressing.
Support: 1.3438, 1.3425, 1.3410
Resistance: 1.3450, 1.3444
What it said to watch
M15 close below 1.3438 swing low opens room back to 1.3425
Break above 1.3450 session high resumes the uptrend leg
BOE Bailey speech at 0910 GMT could inject volatility
Higher highs into consolidation below session high.
GBPUSD rallied through London with an impulsive leg from 1.3410 to the 1.34508 session high, then drifted sideways through NY and Asia in a tight 1.3438–1.3450 band. Price rejected the 1.34504 retest into the current Asia hours and is back near the swing low at 1.3438, with RSI(14) flat around 52 and ATR compressed to ~5 pips.
Support: 1.3438, 1.3425, 1.3410
Resistance: 1.34508, 1.3448
What it said to watch
M15 close below 1.34380 swing low opens path back to the 1.34250 prior pivot
Reclaim and close above 1.34508 session high resumes the uptrend leg
BOE Bailey speech at 09:10 GMT could materially shift this read
Sharp NY-session breakout from 1.3407 to 1.3450 area earlier, with price now consolidating in a tight 1.3438–1.3450 range through Asia. Buyers stepping in at the 1.3438 intraday low repeatedly; session high at 1.3450 capping.
Support: 1.3438, 1.3425, 1.3407
Resistance: 1.34504, 1.34508
What it said to watch
M15 close above 1.3450 reopens 1.3508 spike high
Loss of 1.3438 exposes 1.3425 then 1.3407 breakout base
Iran headline risk remains active and can override structure
02:00 UTC
Uptrend, consolidating near highs · RSI 54 · price 1.34436
Higher highs and higher lows, current range 1.3438–1.3450.
NY session drove an impulsive breakout from 1.3407 up to 1.3450, then settled into a tight 20-pip range between the session low at 1.3438 and session high at 1.3450 through the Asia handover. RSI(14) has cooled back to mid-range as price digests the move, with EMA20/50 stacked below acting as dynamic support.
Support: 1.3438, 1.3425, 1.3407
Resistance: 1.34508, 1.3444
What it said to watch
M15 close above 1.34508 session high extends the breakout
Loss of 1.34380 session low opens a retest of the 1.34250 prior swing
Liquidity is thin in the Asia window; expect the directional read to firm only into London open
01:45 UTC
Uptrend, consolidating near highs · RSI 58 · price 1.34475
Higher highs and higher lows since London open, now coiling under 1.3450.
Strong London-session impulse from 1.3373 lifted price through 1.3410 and topped at 1.34508 session high; since then price has coiled in a tight 1.3438–1.3448 range through Asia. Momentum has cooled but pullbacks are shallow, with the range floor at 1.3438 still respected.
Support: 1.3438, 1.3425, 1.3410
Resistance: 1.34508, 1.3448
What it said to watch
M15 close above 1.34508 session high reopens the upside continuation read
Loss of 1.3438 range floor would shift the read toward a deeper pullback to 1.3425 prior pivot
Asia liquidity is thin; London open in a few hours likely sets direction
NY session ripped from 1.3412 to 1.3450 on the soft core PCE print, then settled into a tight 1.3438–1.3449 range through Asia. Price is grinding back toward the session high with RSI(14) neutral around 56; structure intact above the 1.3425 breakout base.
Support: 1.3438, 1.3425, 1.3410
Resistance: 1.3449, 1.34508
What it said to watch
M15 close above 1.34490 reopens the NY spike high at 1.34508
Loss of 1.34380 session low cracks the consolidation and exposes the 1.34250 breakout base
Asia liquidity thin — moves into London open can stretch ATR materially
Sharp London-session breakout from 1.3410 to 1.3450 after soft US core PCE, with price now drifting in a tight 1.3438–1.3448 consolidation through Asia. RSI(14) reset to mid-50s, momentum flat, no fresh push attempted near the 1.3450 session high.
Support: 1.3438, 1.3425, 1.3410
Resistance: 1.34485, 1.34508
What it said to watch
M15 close above 1.34485 session high reopens push toward the 1.34508 spike high
Loss of 1.34380 session low signals deeper pullback into the 1.34250 breakout zone
Tokyo CPI miss already digested; thin Asian liquidity raises false-break risk at range edges
Higher highs then sideways drift near session high.
Sharp NY-session breakout above 1.3425 lifted price to 1.3451 spike high, since drifting sideways in a tight 1.3438–1.3449 band into Asia. RSI cooled from overbought to mid-50s while price held, intraday base at 1.3438 still intact.
Support: 1.3438, 1.3425, 1.3407
Resistance: 1.3449, 1.3451
What it said to watch
M15 close below 1.3438 intraday base opens path back to 1.3425 prior swing
Break above 1.3449 session high reopens 1.3451 spike high
Thin Asia liquidity — moves may be exaggerated until London open
Higher highs and higher lows from session low; consolidation near range top.
GBPUSD ripped from the 1.3368 session low through London-NY into a 1.3450 area after a soft US PCE print, then went sideways through late NY and into Asia. Price is coiling 1.3440–1.3449 just below the 1.3450/1.3451 session high, RSI(14) mid-range, ATR(14) compressed near 5 pips reflecting the quiet Asian tape.
Support: 1.3432, 1.34122, 1.33683
Resistance: 1.34486, 1.34508
What it said to watch
Asian-session break above 1.3450 session high opens path to retest 1.3486 recent high
Loss of 1.3432 intra swing puts 1.3412 NY swing low back in play
Tokyo CPI just printed softer — limited GBPUSD impact but JPY-cross flow could leak in
Higher highs into consolidation near session high.
Soft US core PCE earlier drove an impulsive M15 leg from 1.3407 to 1.3450, with price now coiling in a 1.3438–1.3448 range under the session high. RSI(14) around 58 after cooling from the post-PCE spike; ATR(14) ~5 pips reflects the late-session drift in thin Asia hours.
Support: 1.3438, 1.3425, 1.3410
Resistance: 1.34478, 1.34508
What it said to watch
M15 close above 1.3448 session high reopens 1.3508 spike high
Break below 1.3438 swing low shifts read back into the 1.3425 breakout base
Asia session liquidity thin — moves until London open may be unreliable
Higher highs and higher lows after PCE-driven impulse.
Sterling impulsed higher off the soft US PCE print, tagging 1.34508 before settling into a tight consolidation between 1.34380 and 1.34480 through the Asia session. RSI(14) has cooled from overbought back to the high-50s as price grinds sideways near the session high with thin volume.
Support: 1.3438, 1.3425, 1.3407
Resistance: 1.3448, 1.34508
What it said to watch
M15 close above 1.34480 reopens the PCE spike high at 1.34508
Loss of 1.34380 intraday base exposes 1.34250 swing low
Tokyo CPI already out softer; headline risk now tied to US-Iran Hormuz developments
Higher highs and higher lows, now consolidating near range top.
GBPUSD ripped from 1.3375 to 1.3450 through the NY session after the softer US PCE print, then stalled into a tight consolidation between 1.3438 and 1.3448 during the late US/early Asia handover. RSI(14) has cooled from above 70 to the high 50s while price holds the range top, no fresh impulse on the tape.
Support: 1.3432, 1.34122, 1.33754
Resistance: 1.34478, 1.34508
What it said to watch
M15 close above 1.34478 reopens the spike high at 1.34508
Loss of 1.34320 swing low breaks the intraday HL chain
Tokyo CPI miss already in the tape; Asia liquidity thin, expect drift unless a headline hits