Tight range 1.3222–1.3234 below the 61.8% retrace of NY sell-off.
Price was rejected just under the 1.3255 Asian high in the first hour of NY. It then slid to a 1.3202 day low near the 1.3200 June-low area as US yields held above 5%. A late-NY squeeze stalled at the 61.8% fib (1.3234), and early Asia is compressing around 1.3227 above the 1.3222 range floor, with ATR down near 4 pips.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3255
What it said to watch
M15 close above 1.3234 (61.8% fib) breaks the post-spike cap and exposes the 1.3255 Asian high
Loss of the 1.3222 range floor puts the 1.3202 day low and 1.3200 psych back in play
UK Q2 GDP final at 06:00 GMT could break the current compression during London open
23:31 UTC
Intraday downtrend paused, flat in early Asia · RSI 51 · price 1.32283
Lower highs from 1.3255; rebound off 1.3202, now a tight 1.3222–1.3234 range.
The NY sell-off ran from the 1.3252 NY open high to the 1.3202 session low near the June low area, with US yields holding above 5%. A late-NY rebound has stalled at the 1.3234 post-NY high, near the 61.8% fib of that sell-off, and early Asia is compressing in a 1.3222–1.3234 range with RSI(14) flat at ~51 and ATR(14) near 4 pips. No setup is in play.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above the 1.3234 post-NY high clears the 61.8% fib of the NY sell-off and opens the 1.3252 NY open high
Break below the 1.3222 range low exposes the 1.3202 session low and the 1.3200 June low area
UK Q2 GDP final at 06:00 GMT, then US ADP and core PCE at 12:15–12:30 UTC, could materially shift this read
Lower highs from 1.3252; tight Asia range 1.3222–1.3234 capped at the 61.8% fib.
The NY session drove cable from the 1.3252 London high to a 1.3202 NY low as US yields held at 2004-era highs. The late bounce was rejected at the 61.8% fib near 1.3234. Early Asia session is coiling in a 12-pip range between 1.3222 and 1.3234 around the 50% retracement, with RSI(14) neutral at 48 and ATR compressed to about 4 pips.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above the 1.3234 range high / 61.8% fib opens the 1.3252 London high
Loss of the 1.3222 range low puts the 1.3202 NY low back in play
UK Q2 GDP final at 06:00 GMT and US Core PCE at 12:30 UTC could materially shift this read
Tight range 1.3222–1.3234 after bounce off 1.3202 session low.
Cable dropped from the 1.3252 prior high to a 1.3202 session low during NY hours as 10y yields above 5% kept the dollar bid. The rebound stalled with a rejection at 1.3234, near the 61.8% fib of that drop. Price has been confined to a 1.3222–1.3234 range through the rollover into the Asia session, RSI(14) neutral at 46 and ATR near 5 pips.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
A break below the 1.3222 range low exposes the 1.3202 session low and the 1.3200 pivot
An M15 close above the 1.3234 range high clears the 61.8% fib and opens the 1.3252 prior high
UK Q2 GDP final at 06:00 GMT and US core PCE at 12:30 UTC could materially shift this read
22:46 UTC
Flat after NY selloff, rebound stalled · RSI 53 · price 1.32272
Tight 1.3222–1.3234 range above 1.3202 day low.
The NY selloff took price from the 1.3252 NY high to a 1.3202 day low as the dollar stayed bid on 5%+ Treasury yields. A late-NY rebound has since stalled into a 1.3222–1.3234 range. Price is at the 50% retracement of that selloff in early Asia, RSI(14) is neutral near 53, and ATR is only about 5 pips.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above 1.3234 range top exposes the 1.3252 NY high
Break of 1.3222 range low reopens the 1.3202 day low and the 1.3200 handle
UK Q2 GDP final at 06:00 GMT, then US ADP and core PCE at 12:15/12:30 UTC, could break the Asian range
Tight 1.3222–1.3234 range after squeeze off NY low.
A USD bid on 5%+ Treasury yields drove GBPUSD from the 1.3252 London high to a 1.3202 NY low. A double bottom just above 1.3200 preceded a late-NY squeeze that retraced half that decline (50% fib). Price is now compressing in a 1.3222–1.3234 range into the Asia session, with ATR shrunk to around 5 pips.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close below the 1.3222 range low puts the 1.3202 NY low and the 1.3200 handle back in focus
M15 close above the 1.3234 range high opens the path back toward the 1.3252 London high
UK Q2 GDP final at 06:00 GMT (f/c 0.4% QoQ) could break the range; US Core PCE follows at 12:30 GMT
22:17 UTC
Rebound off NY low, flat in early Asia · RSI 51 · price 1.32295
Triple bottom at 1.3202-1.3205, tight 1.3222-1.3234 range after rally.
Dollar strength on 5%+ US yields took GBPUSD from the 1.3252 london high to a 1.3202 ny low. Three tests of 1.3202-1.3205 held, and a sharp late-NY rally reclaimed 1.3226. Price is now pinned in a 12-pip band between the 1.3222 range low and the 1.3234 range high into the Asia session, holding above the 38.2% fib of the rebound.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above the 1.3234 range high opens the path back toward the 1.3252 london high
Loss of the 1.3222 range low puts the 1.3202 ny low and 1.3200 back in play
UK Q2 GDP final at 06:00 GMT, around the London open, could break the range; US ADP/core PCE later Wed is the larger driver
Lower highs on the day; tight range after the NY-session low.
Yield-driven USD strength took GBPUSD to a 1.3202 ny low during NY hours. The 18:00 UTC rebound was rejected at the 61.8% retrace of the midday high–ny low leg, which sits at the 1.3234 range top. Price is now boxed between the 1.3222 range floor and 1.3234 into the early Asia session, with RSI(14) neutral near 51 and ATR around 5 pips.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above the 1.3234 range top opens the path to the 1.3252 midday high
Failure to hold the 1.3222 range floor and rebound trendline exposes the 1.3202 ny low and 1.3200
UK Q2 GDP final at 06:00 GMT, then US core PCE at 12:30 UTC, could materially shift this read
Lower high at 1.3252, bounce off 1.3202 stalling near fib 61.8.
GBPUSD slid from the 1.3252 london high to a 1.3202 session low in NY as US yields above 5.2% kept the dollar bid. An 18:00 UTC impulse lifted it back to the 50% retracement, and late-NY highs have repeatedly stalled at 1.3233–1.3234, the fib 61.8. Price is now holding just above the 1.3223 rollover low, with RSI flat near 50.
Support: 1.3223, 1.3202, 1.3200
Resistance: 1.3234, 1.3252, 1.3258
What it said to watch
M15 close above 1.3234 (fib 61.8) would break the late-NY cap and expose the 1.3252 london high, then the 1.3258 prior high
Loss of the 1.3223 rollover low would reopen the 1.3202 session low and the 1.3200 round number
UK Q2 GDP final at 06:00 GMT, during the London open, could shift the read; US ADP and core PCE follow at 12:15 and 12:30 UTC
21:17 UTC
Downtrend in window, basing after NY low · RSI 52 · price 1.32228
Lower highs from 1.3252 to a 1.3202 base; post-NY compression 1.3222–1.3234.
GBP/USD slid from the 1.3252 London high to a 1.3202 NY low as the US-yield-driven dollar bid persisted. Demand held that base, just above 1.3200 psych, twice before an 18:00 UTC jump to 1.3234, where the rebound stalled at the 61.8% fib of the London high–NY low leg. After the rollover gap, price sits back on the 1.3222 range floor with RSI(14) near 52 and ATR around 7 pips.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close below the 1.3222 range floor reopens the 1.3202 NY low and 1.3200 psych
M15 close above the 1.3234 range top and 61.8% fib shifts focus back to the 1.3252 London high
UK Q2 GDP final at 06:00 GMT, then US ADP and core PCE at 12:15–12:30 UTC, could materially shift this read
Tight post-rebound consolidation 1.3225–1.3234 under 61.8% fib.
Cable printed a session low at 1.3202 in NY hours as the US yield surge extended. A sharp late-NY impulse broke the 1.3203–1.3216 base, but the rebound has since compressed between the 1.3225 range floor and 1.3234, capped at the 61.8% fib of the drop from the 1.3252 London high. RSI(14) is near 61 and ATR(14) about 7 pips in thin post-NY trade.
Support: 1.3225, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above the 1.3234 61.8% fib opens the path back toward the 1.3252 London high
Failure to hold the 1.3225 range floor puts the 1.3202 session low and 1.3200 back in play
UK Q2 GDP final at 06:00 GMT and quarter-end flows can reset the Asian range
US ADP and core PCE (12:15–12:30 UTC Wed) could materially shift this read
20:47 UTC
Rebound from NY low, stalling at 61.8% · RSI 61 · price 1.32318
Tight post-spike range 1.3225–1.3234 after late-NY lift off 1.3202.
The yield-led USD bid took GBPUSD from the 1.3252 london high to a 1.3202 ny low. Buyers held that low three times before an 18:00 UTC impulse of roughly 22 pips. Price is now boxed between the 1.3225 range base and the 1.3234 spike high, which sits on the 61.8% retracement of the drop, heading into a quiet Asia session.
Support: 1.3225, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above the 1.3234 spike high / 61.8% opens the 1.3252 london high
Loss of the 1.3225 range base puts the 1.3202 ny low and 1.3200 back in play
UK Q2 GDP final at 06:00 UTC and US core PCE at 12:30 UTC could materially shift this read
Range break off 1.3202 day low, now a tight 10-pip range.
The US-yield-led selloff during NY hours bottomed at the 1.3202 day low, just above 1.3200. A 21-pip range break in late NY lifted price off that base. GBPUSD is now holding a tight 1.3225 range low to 1.3234 range high band, with the range high capped at the 61.8% fib of the London-NY drop.
Support: 1.3225, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above the 1.3234 range high clears the 61.8% fib and opens the path to the 1.3252 london high
Failure to hold the 1.3225 range low returns price toward the 1.3202 day low and the 1.3200 handle
UK Q2 GDP final at 06:00 GMT, then US ADP and core PCE at 12:15–12:30 UTC Wed, could materially shift this read
Lower high at NY open, low at 1.3202, bounce capped at the 61.8% fib.
Price was rejected at the 1.3252 NY open high, just under the 1.3255 Asian high, and NY extended the slide to a 1.3202 day low as US yields stayed bid. The 18:00 UTC spike off the lows stalled at 1.3234, the 61.8% fib of the sell-off. Price is now consolidating above the 1.3224 range floor after the NY close.
Support: 1.3224, 1.3202
Resistance: 1.3234, 1.3252, 1.3255
What it said to watch
M15 close above the 1.3234 rebound high (61.8% fib) opens a path back to the 1.3252 NY open high
Failure to hold the 1.3224 range floor exposes the 1.3202 day low and 1.3200
UK final Q2 GDP at 06:00 GMT Wed; a downward revision could press the day low
US ADP and core PCE from 12:15 UTC Wed could materially shift this read
Double bottom at 1.3202 broke the 1.3216 lower high; rebound stalling at 61.8%.
GBP slid from the 1.3252 London high to a 1.3202 NY session low as US yields and DXY pressed higher. A 21-pip bar at 18:00 UTC completed a double bottom and cleared the 1.3216 lower high. Late in NY, price is holding above the 1.3222 swing low and pausing under the 1.3234 rebound high, which sits at the 61.8% retrace of the London-to-NY slide.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above the 1.3234 rebound high (61.8%) opens the 1.3252 London high
Close back below the 1.3222 swing low puts the 1.3202 session low and the 1.3200 handle back in play
UK Q2 GDP final at 06:00 GMT Wed can move the London open
US ADP 12:15 UTC and core PCE 12:30 UTC Wed could materially shift this read
Lower highs from 1.3252; range break off 1.3202 low, stalling at 61.8%.
GBP slid from the 1.3252 NY high to a 1.3202 session low as US 10y yields above 5.2% lifted DXY to its two-month high. A late-NY range break out of the 1.3204–1.3216 base ran to the 1.3234 bounce high, the 61.8% fib of that leg. Price is now consolidating near 1.3228 with RSI(14) neutral around 54.
Support: 1.3222, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above the 1.3234 bounce high (61.8% fib) opens the 1.3252 NY high
Failure to hold the 1.3222 pullback low returns focus to the 1.3202 session low and 1.3200
UK Q2 GDP final at 06:00 GMT Wed is the first scheduled catalyst; US ADP and core PCE (12:15/12:30 UTC) are the larger risk to this read
19:17 UTC
Intraday downtrend, bouncing off day low · RSI 57 · price 1.32249
Lower highs from 1.3252 London high; spike reclaim of 1.3221 capped at 61.8% retrace.
GBP/USD slid to a 1.3202 day low during NY hours as US 10Y yields pushed above 5.2%, just shy of 1.3200. A 22-pip spike at 18:00 UTC reclaimed the 1.3221 London low. The bounce high at 1.3234 met the 61.8% fib of the 1.3252–1.3202 leg, and price is now drifting at 1.3225, around the EMA50.
Support: 1.3221, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
M15 close above 1.3234 bounce high (61.8% fib) opens a retest of the 1.3252 London high
Failure to hold 1.3221 London low exposes the 1.3202 day low and 1.3200 psych
Waller at 19:00 UTC is underway; October-hike pushback could extend the bounce
UK Q2 GDP final at 06:00 UTC, then ADP 12:15 and core PCE 12:30 UTC Wed could reset the range
Lower highs from 1.3252 into a 1.3202 NY low, then a range break higher stalling at the 61.8% fib.
NY session pushed the downtrend from the 1.3252 lower high to a 1.3202 ny low. US 10Y yields above 5.2% kept the USD bid, and the 1.3200 psych level held. Late NY, after London close and ahead of Waller, price broke out of the 1.3202–1.3216 base with a 20-pip bar, and the move met rejection at the 1.3234 spike high, the 61.8% fib of the leg. It now sits near the 50% at 1.3227, just above the london low at 1.3221.
Support: 1.3221, 1.3202
Resistance: 1.3234, 1.3252
What it said to watch
Fed's Waller speaking at 19:00 UTC now: any pushback on an October hike could extend the rebound, and hawkish remarks would put the 1.3221 london low under pressure
M15 close above the 1.3234 spike high / 61.8% fib shifts focus to the 1.3252 lower high
Failure to hold the 1.3221 london low returns focus to the 1.3202 ny low and the 1.3200 psych level
UK Q2 GDP final at 06:00 GMT Wed, then ADP and US core PCE at 12:15–12:30 UTC Wed, could materially reset the intraday range
Lower highs from 1.3252 into a 1.3202–1.3216 base, base broken higher.
USD-yield-driven selling took price from the 1.3252 london high to a 1.3202 day low, where three tests held through NY hours. A single 21-pip bar in late NY broke the 1.3216 range top, and price now sits at the 50% retrace of the london high–day low fib near 1.3227, just under the 1.3230 spike high. RSI(14) has recovered to 54, and price is barely above EMA50.
Support: 1.3216, 1.3202
Resistance: 1.3230, 1.3245, 1.3252
What it said to watch
Holding above the 1.3216 range top keeps the range break intact. A return inside exposes the 1.3202 day low.
An M15 close above the 1.3230 spike high (61.8% fib ~1.3233) opens the 1.3245 swing high, then the 1.3252 london high.
Fed's Waller at 19:00 UTC could materially shift this read.
UK Q2 GDP final (06:00 UTC) and US ADP/core PCE (12:15–12:30 UTC) Wed are the next scheduled catalysts.
Lower highs from 1.3252 London high; double bottom at 1.3202 resolved higher.
GBP/USD slid through NY from the 1.3252 London high to a double bottom at 1.3202 as US 10y yields held above 5.2%. A 21-pip spike at 18:00 UTC reclaimed the London low at 1.3221, and price is now stalling at the 50% retrace (1.3227), just under the fib 61.8 at 1.3233, late in the NY session.
Support: 1.3221, 1.3202
Resistance: 1.3233, 1.3252
What it said to watch
Fed's Waller at 19:00 UTC could reverse or extend the 18:00 UTC spike
M15 close above the fib 61.8 at 1.3233 exposes the 1.3252 London high
Slip back below the 1.3221 London low puts the double bottom at 1.3202 and 1.3200 psych back in play
UK Q2 GDP final at 06:00 GMT, then US ADP/core PCE at 12:15/12:30 UTC tomorrow
Lower highs from 1.3252 NY high; base at 1.3202–1.3216 broken higher.
NY session sold from the 1.3252 NY high to a 1.3202 session low as firm US yields kept USD bid, with the 1.3200 psych handle holding. A single-bar 18:00 UTC spike lifted price out of the 1.3202–1.3216 base to a 1.3227 spike high (50% of the NY drop) and back onto the 1.3221 London low, just above EMA20/EMA50 with RSI(14) neutral near 54.
Support: 1.3221, 1.3216, 1.3202
Resistance: 1.3227, 1.3233, 1.3252
What it said to watch
Fed's Waller at 19:00 UTC could materially shift this read within the next few bars
M15 close above the 1.3233 swing high (61.8% of the NY drop fib) reopens the 1.3252 NY high and breaks the lower-high chain
Failure to hold the 1.3221 London low and a slip back under the 1.3216 range top puts the 1.3202 session low and 1.3200 psych back in focus
US ADP/core PCE and UK Q2 GDP final on Wed are the next scheduled risk after Waller
Lower highs from 1.3252; late-NY base 1.3202–1.3216.
The London high at 1.3252 capped just under the Asian range top. The NY selloff, driven by US 10y yields at 2004 highs despite the soft JOLTS print, broke the london low at 1.3221 and set a session low at 1.3202. Late NY has compressed into a 1.3202–1.3216 range just above the 1.3200 round number, with RSI(14) near 43 and ATR about 8 pips.
Support: 1.3202, 1.3200
Resistance: 1.3216, 1.3221, 1.3252
What it said to watch
M15 close above the 1.3216 range top opens a retest of the london low at 1.3221, the 38.2% of the selloff fib
Failure to hold the 1.3202 session low and the 1.3200 round number extends the lower-low sequence
Only a reclaim of the 1.3252 london high negates the day's lower-high structure
Fed's Williams and Waller tonight, then US core PCE and ADP tomorrow, could materially shift this read
Lower highs since London high; late-NY base at 1.3202–1.3204.
NY hours broke the London low at 1.3222 and extended to a 1.3202 session low as the USD yield bid (10Y above 5.2%) outweighed soft JOLTS and confidence data. After London close, price has held a tight 1.3204–1.3216 band just above the 1.3200 psych level, capped by the descending line from the 1.3252 London high.
Support: 1.3202, 1.3200
Resistance: 1.3216, 1.3222, 1.3252
What it said to watch
M15 close below 1.3200 psych extends the lower-low sequence from the 1.3252 London high
Close above the 1.3216 swing high and the descending line reopens the 1.3222 London low, also the 38.2% fib of the NY leg
Fed's Williams (18:00 UTC) and Waller (19:00 UTC) could materially shift this read
UK Q2 GDP final at 06:00 GMT is the first catalyst for the Asian range
NY session reversed from the 1.3252 ny high and broke the 1.3222 london low. The drop tagged a 1.3202 session low as 5.2%+ US yields kept USD bid. Late NY is now compressing between 1.3202 and the 1.3216 lower high, just above the 1.3200 psych level.
Support: 1.3202, 1.3200
Resistance: 1.3216, 1.3222, 1.3252
What it said to watch
Close below the 1.3202 session low and 1.3200 psych extends the lower-low chain
Recovery above the 1.3222 london low (near the 38.2% fib) invalidates the descending lower-high sequence
Fed's Williams (18:00 UTC) and Waller (19:00 UTC) could materially shift this read
Lower highs and lower lows below the broken London low.
The NY session extended the decline from the 1.3252 London high. Price broke the 1.3221 London low and printed a session low at 1.3202, just above the 1.3200 round number, as 5%+ US yields kept USD bid. The bounce stalled at the 1.3216 swing high under the falling trendline, with RSI(14) near 34 and the lower-high chain intact.
Support: 1.3202, 1.3200
Resistance: 1.3216, 1.3221, 1.3252
What it said to watch
M15 close back above the 1.3221 london low (38.2% of the NY decline) breaks the lower-low sequence
Acceptance below the 1.3202 session low and 1.3200 round number extends the NY decline
Fed's Williams (18:00 UTC) and Waller (19:00 UTC) could move USD after the NY close
UK Q2 GDP final at 06:00 GMT and US core PCE Wed are the next scheduled catalysts
LH/LL sequence from the 1.3252 NY high; shallow bounce off the session low fading.
The early-NY push to 1.3252, a retest of the Asian high, met rejection. Price then slid through the London low at 1.3221 to a 1.3202 session low as UST yields kept USD bid despite soft JOLTS and confidence data. After London close, the bounce stalled at 1.3216, below the 38.2% fib of the leg, and price is drifting back toward the 1.3200 psych level with RSI(14) near 32.
Support: 1.3202, 1.3200
Resistance: 1.3216, 1.3221, 1.3252
What it said to watch
M15 close below the 1.3202 session low and 1.3200 psych extends the lower-low sequence
Recovery above the 1.3216 bounce high and the 1.3221 london low / 38.2% fib breaks the descending line and neutralises the lower-high read
Fed speakers Goolsbee 17:00, Williams 18:00 and Waller 19:00 UTC could shift yields and this read; UK Q2 GDP final at 06:00 GMT is next
Lower highs and lower lows; Asian range broken below; NY rejection at 1.3252.
London broke below the 1.3229 asian low. NY was then rejected at the 1.3252 ny high and the NY sell-off ran to a 1.3202 session low, with USD firm on 5%+ yields despite the soft JOLTS print. Price is stalling just above the 1.3200 round number with RSI(14) near 31, and the 1.3221 london low lines up with the 38.2% retrace.
Support: 1.3202
Resistance: 1.3221, 1.3229, 1.3252
What it said to watch
M15 close back above the 1.3221 london low / 38.2% retrace would ease the lower-low sequence
Recovery through the 1.3229 asian low reopens the 1.3252 ny high
Acceptance below the 1.3202 session low and 1.3200 round number extends the downtrend
Fed speakers Williams (18:00Z) and Waller (19:00Z) on an October hike could shift USD during late NY hours
16:01 UTC
Downtrend, oversold near 1.3200 · RSI 26 · price 1.32054
Lower highs and lower lows; London low broken during NY hours.
The midday rejection at the 1.3252 London high started a lower-high sequence. That sequence broke the 1.3221 London low in NY hours, and the 1.3221 level sits at the 38.2% fib of the drop. USD firmness shrugged off the soft JOLTS print, and the selling extended to a 1.3202 session low. RSI(14) sits near 26, with price pinned just above 1.3200 psych and the 1.3213 lower high capping the bounce along the descending trendline.
Support: 1.3202, 1.3200
Resistance: 1.32125, 1.3221, 1.3252
What it said to watch
M15 close back above the 1.3221 London low (38.2% fib) negates the range break
Close below the 1.3202 session low and 1.3200 psych extends the lower-low chain
Break of the descending trendline above the 1.3213 lower high marks the first shift in structure
Fed's Williams (18:00Z) and Waller (19:00Z) on an October hike could materially shift this read
15:46 UTC
Downtrend, lower highs through NY · RSI 24 · price 1.32052
Lower highs from 1.3252; London low broken, session low at 1.3202.
Since the 1.3252 swing high at midday, GBPUSD has printed a chain of lower highs. The soft JOLTS print did not dent USD, and the NY session broke the London low at 1.3221. Price is now pressing the 1.3200 round number with a fresh session low at 1.3202 and RSI(14) near 24.
Support: 1.3202, 1.3200
Resistance: 1.3221, 1.3233, 1.3252
What it said to watch
An M15 close back above the 1.3221 london low undercuts the range break and puts the 1.3233 lower high (61.8% fib) back in play
A clean break of the 1.3200 round number extends the session low sequence
A close above the descending trendline off the swing high challenges the lower-high chain
BoE Taylor (15:30 UTC) and Fed speakers from 16:40 UTC, with London close approaching, could shift this read
Lower highs and lower lows since the 12:00 UTC swing high; London low broken.
NY hours broke the London low at 1.3221 and printed a session low at 1.3205, as USD shrugged off the JOLTS miss on 5%+ Treasury yields. RSI(14) is near 31 with price under both EMAs, and the 1.3200 round number sits just below.
Support: 1.32055, 1.3200
Resistance: 1.3221, 1.32334, 1.32522
What it said to watch
M15 close back above the 1.3221 london low negates the breakout
Failure to hold the 1.3200 round number extends the lower-low chain
Reclaim of the 1.3233 lower high, near the 61.8% fib, breaks the downtrend structure back toward the 1.3252 swing high
Downtrend line from the 1.3252 swing high caps rallies near 1.3217
BoE Taylor at 15:30 UTC and Fed speakers through NY hours could materially shift this read
Lower highs and lower lows; London low broken in NY hours.
Rejection at the 1.3252 midday high at 12:00 UTC extended the lower-high chain from Monday's 1.3280 spike. NY hours then broke the London low at 1.3221 and printed a new session low at 1.3214 as USD stayed firm on 5%+ Treasury yields despite the soft JOLTS miss. RSI(14) near 31, with the 1.3200 round number the next reference below.
Support: 1.3214, 1.3200
Resistance: 1.3221, 1.3233, 1.3252
What it said to watch
A break of the 1.3200 round number would extend the lower-low sequence; that level is flagged as the trigger for a fresh downside leg
An M15 close back above the london low at 1.3221 would turn the break into a false break
A close above the descending trendline and the 1.3233 lower high would undercut the downtrend read
BoE Taylor (15:30 GMT) and the Fed speaker run from 15:00 UTC could shift this read
Lower highs from 1.3280; London low swept, compressing near lows.
Lower highs run from Monday's 1.3280 spike through the Asian range top near 1.3254 and the 1.3252 midday high. The midday drop swept the 1.3221 London low into a 1.3217 NY low, with the sweep high at 1.3233 capping since. The soft JOLTS print barely moved price with USD firm on yields, and price holds 1.3221-1.3233 below both EMAs.
Support: 1.32174, 1.3200
Resistance: 1.32334, 1.32522
What it said to watch
M15 close above the 1.3233 sweep high opens the 1.3252 midday high and tests the lower highs trendline
Break of the 1.3217 NY low exposes the 1.3200 round number
Fed speakers from 15:00 UTC and BoE Taylor at 15:30 GMT could materially shift this read
14:46 UTC
Downtrend, compressing near lows · RSI 41 · price 1.32254
Lower highs and lower lows since Monday's 1.3280 spike; tight base above session low.
Lower highs and lower lows since the 1.3280 Monday high. The 1.3252 lower high set at 12:00 UTC gave way to a 35-pip drop into a 1.3217 session low during the London-NY transition, with US yields above 5.2% keeping USD firm. The soft JOLTS print drew only a muted bounce, capped near 1.3233, roughly the 50% retrace of the 12:00 drop, and price is holding below EMA20 and EMA50.
Support: 1.3217, 1.3200
Resistance: 1.3233, 1.3252, 1.3280
What it said to watch
M15 close below the 1.3217 session low extends the lower-low chain toward the 1.3200 round number
A reclaim of the 1.3233 bounce cap, then the 1.3252 lower high, breaks the sequence and the lower highs trendline from the Monday high
The BoE Taylor speech at 15:30 GMT and Fed speakers from 15:00 UTC could materially shift this read
LH/LL chain from 1.3280; NY swept London low and reclaimed.
Lower highs from the 1.3280 Monday high through the 1.3252 swing high keep M15 in a downtrend as USD stays firm on 5%+ Treasury yields. Early NY pushed through the 1.3221 London low to a 1.3217 session low, then closed back above it. Price sits just under ema20 into JOLTS, capped by the 1.3233 minor high.
Support: 1.3217, 1.3200
Resistance: 1.3233, 1.3252, 1.3280
What it said to watch
M15 close above the 1.3233 minor high and ema20 would print the first higher high since the 1.3252 swing high
Break of the 1.3217 session low exposes the 1.3200 round number, the level flagged for a fresh downside leg
Close above the lower-high trendline near 1.3250 challenges the downtrend read, with the 1.3280 Monday high above
US JOLTS at 14:00 UTC (current bar) and BoE Taylor at 15:30 GMT could materially shift this read
Lower highs run from the 1.3280 monday high to the 1.3252 lower high, where price met rejection around the London-NY transition. The first hour of NY then swept the London low at 1.3221 to a 1.3217 session low before closing back above it. A firm USD on 5%+ Treasury yields keeps GBP capped, with price below EMA20/50 and RSI(14) mid-40s.
Support: 1.3217, 1.3200
Resistance: 1.3233, 1.3252, 1.3280
What it said to watch
A close below the 1.3217 session low extends the lower-low chain toward the 1.3200 round number
A recovery above the 1.3233 ny swing hi (near the 50% fib of the NY drop) puts the 1.3252 lower high and the lower highs trendline back in play
A close above 1.3252 breaks the lower highs sequence and exposes the 1.3280 monday high
US JOLTS at 14:00 UTC and BoE Taylor at 15:30 UTC could materially shift this read
Lower highs from 1.3280 to 1.3252, fresh session low at 1.3217.
Supply capped the London bounce at 1.3252, a lower high under the 1.3280 Monday high. The drop from 1.3252 into the first hour of NY set a session low at 1.3217 as the dollar held firm near DXY 101.50 ahead of JOLTS. Price is chopping just above that low, under the 1.3233 minor high, with RSI(14) at a neutral 44.
Support: 1.3217, 1.3200
Resistance: 1.3233, 1.3252
What it said to watch
US JOLTS at 14:00 GMT, about 15 minutes out, could materially shift this read
A close below the 1.3217 session low extends the lower-low chain toward the 1.3200 round number
A close above the 1.3233 minor high puts the 1.3252 lower high and the lower highs trendline back in view
BoE Taylor at 15:30 GMT is a secondary GBP risk later in the NY session
13:31 UTC
Intraday range, sellers active from midday high · RSI 50 · price 1.32304
London broke the Asian low, rallied to 1.3252 and was rejected back to the session low.
London broke below the Asian low to 1.3221. Price then rallied to a 1.3252 midday high just under the Asian range top, where a sharp rejection retraced about 70% of the London rally fib. Cable is back pressing the 1.3222 session low and trading under the ema20 near 1.3235, with the dollar firm on US 10y yields at 2007 highs.
Support: 1.3222, 1.3200
Resistance: 1.3235, 1.3252
What it said to watch
US JOLTS at 14:00 GMT is due within the hour and could materially shift this read
A M15 close below the 1.3222 session low confirms a lower-low and exposes the 1.3200 round number
Reclaiming the ema20 at 1.3235 puts the 1.3252 midday high back in play as range top
London rally fully retraced, lower highs since Monday.
Rejection at the 1.3252 session high in the London-NY transition erased the entire London rally, with price back at the 1.3222 session low as US yields above 5% keep the dollar bid. Structure keeps printing lower highs below the 1.3280 Monday high. RSI(14) is neutral near 46 and ATR is about 7 pips.
Support: 1.3222, 1.3200
Resistance: 1.3252, 1.3280
What it said to watch
M15 close below the 1.3222 session low exposes the 1.3200 round number, the digest's downside pivot
A hold at 1.3222 forms a second low with the London base; reclaiming the 1.3252 session high breaks the lower-high chain
US JOLTS and Consumer Confidence at 14:00 GMT could materially shift this read
BoE Taylor at 15:30 GMT; a hawkish tone puts the 1.3280 Monday high back in focus
Lower highs from Monday high; London rally rejected at session high.
London broke the asian low at 1.3229 to a 1.3221 london low, then rallied to a 1.3252 session high. That rally was rejected sharply in the London-NY transition, and price is back at the 78.6% of the london rally fib. The move comes as US yields above 5% keep the USD leg dominant, and the lower-high sequence from the 1.3280 monday high stays intact.
Support: 1.3221, 1.3200
Resistance: 1.3229, 1.3252, 1.3280
What it said to watch
M15 close below the 1.3221 london low confirms a lower low and exposes 1.3200 psych
Reclaim of the 1.3252 session high negates the rejection read and reopens the 1.3280 monday high
US JOLTS 14:00 GMT and BoE Taylor 15:30 GMT could materially shift this read
Lower highs from Monday high; London low 1.3221, rebound capped at 1.3252.
Asia and London extended the slide from the 1.3280 Monday high to a London low at 1.3221. The rebound stalled at 1.3252 near the Asian high, keeping the lower-high line intact. A sharp rejection bar ahead of NY has returned price to the 50% retrace at 1.3237, with firm US yields and DXY at 101.50 the backdrop.
Support: 1.3232, 1.3221, 1.3200
Resistance: 1.3252, 1.3280
What it said to watch
M15 close below the 1.3232 higher low (61.8% fib zone) exposes the London low at 1.3221, then the 1.3200 round number
M15 close above the 1.3252 rejection high breaks the lower-high line and reopens the 1.3280 Monday high
US JOLTS at 14:00 GMT and BoE Taylor at 15:30 GMT could materially shift this read
12:31 UTC
Intraday recovery, higher highs and higher lows since London low · RSI 61 · price 1.32481
London false break below Asian low, HH/HL chain now testing Asian high.
London made a false break below the 1.3229 Asian low, printing a 1.3221 session low, then built a HH/HL chain back to the 1.3255 Asian high. That area is also the 50% retracement of Monday's 1.3280–1.3221 drop. RSI(14) near 61 is not stretched, and the USD backdrop stays firm on >5% yields ahead of JOLTS.
Support: 1.3239, 1.3221, 1.3200
Resistance: 1.3255, 1.3280
What it said to watch
M15 close above the 1.3255 Asian high / 50% retracement opens the path to the 1.3280 Monday high
Loss of the 1.3239 swing low breaks the London rally trendline and HL chain, putting the 1.3221 session low back in view
A close below the 1.3221 session low exposes the 1.3200 psych level
US JOLTS 14:00 GMT and BoE Taylor 15:30 GMT could materially shift this read
12:16 UTC
Downtrend from 1.3280, intraday bounce in progress · RSI 61 · price 1.32455
Lower highs since Monday's 1.3280 high; higher lows off the 1.3221 London session low.
London open broke the Asian low near 1.3229 and set a 1.3221 session low as US yields above 5% kept the dollar bid. Price has since recovered about 72% of the Asia-London decline on a chain of higher lows, pressing 1.3245 below the 1.3255 Asian high into the NY open with RSI(14) near 61.
Support: 1.3232, 1.3221, 1.3200
Resistance: 1.32552, 1.3280
What it said to watch
M15 close above the 1.3255 asian high opens a path toward the 1.3280 monday high
Break of the 1.3232 higher low cancels the bounce structure; loss of the 1.3221 session low exposes 1.3200 psych
US JOLTS at 14:00 GMT and BoE Taylor at 15:30 GMT could materially shift this read
London false break below Asian low, higher-low chain since.
London broke below the 1.3229 Asian low to a 1.3221 session low, with the dollar holding near two-month highs. That move reversed into a higher-low chain back up to the 1.3243 London high, and price is now pressing the 61.8% retrace of the Asian high–session low drop.
Support: 1.3229, 1.3221, 1.3200
Resistance: 1.3243, 1.3255, 1.3280
What it said to watch
M15 close above the 1.3243 London high and 1.3255 Asian high reopens the 1.3280 prior high
Close back below the 1.3229 Asian low breaks the higher lows and puts the 1.3221 session low and 1.3200 psych in play
US JOLTS at 14:00 GMT and BoE Taylor at 15:30 GMT could materially shift this read
Lower highs from Monday's 1.3280 high; London low 1.3221 followed by higher lows.
GBPUSD bled lower from the 1.3280 Monday high as US yields held above 5%. London broke the Asian range low near 1.3229 and printed a 1.3221 session low, but failed to hold below it, and a higher low at 1.3232 has lifted price back to 1.3241. Price is now pressing the 1.3245 early high, where the 38.2% fib of the Monday high–London low leg also sits, with EMA50 just below; RSI(14) is 56 and ATR is about 7 pips.
Support: 1.3232, 1.3221, 1.3200
Resistance: 1.3245, 1.3255, 1.3280
What it said to watch
M15 close above the 1.3245 early high opens the 1.3255 asian high and the 50% fib near 1.3250
Rejection at 1.3245 keeps the lower-high sequence from the 1.3280 monday high intact
Loss of the 1.3232 higher low returns focus to the 1.3221 session low and the 1.3200 psych level
US JOLTS at 14:00 GMT and BoE Taylor at 15:30 GMT could materially shift this read
Lower highs and lows from the Asian high; London broke the Asian low, now reclaiming it.
Cable extended Monday's yield-driven slide through Asia and London, breaking the asian low at 1.3229 and printing a session low of 1.3221 before a rejection lifted price back to the 50% fib of the 1.3255–1.3221 leg. The falling line off the 06:00 and 08:15 UTC highs has been cleared mid-London, and the london high at 1.3243 is the next cap, with RSI(14) neutral near 54.
Support: 1.3229, 1.3221, 1.3200
Resistance: 1.3243, 1.3255, 1.3280
What it said to watch
An M15 close above the london high at 1.3243 breaks the lower-high sequence and exposes the asian high at 1.3255. The prior high at 1.3280 only comes into view above that.
Slipping back below the asian low at 1.3229, then the session low at 1.3221, resumes the downtrend toward the 1.3200 round number.
Fed's Musalem at 11:30 UTC, US JOLTS at 14:00 UTC and BoE Taylor at 15:30 GMT could materially shift this read into and through the NY session.
Lower highs from 1.3280; London dipped below the Asian low, then reclaimed it.
Yield-driven USD demand extended Monday's fade from 1.3280. London broke the 1.3229 Asian low and printed a 1.3221 session low. Price has since reclaimed the Asian low and sits at EMA20, pressing the descending trendline near 1.3235 with RSI(14) at 45.
Support: 1.3229, 1.3221, 1.3200
Resistance: 1.3241, 1.3255
What it said to watch
M15 close above the 1.3241 swing high breaks the descending trendline and lower-high chain; the 38.2% fib of the fade at 1.3244 and the 1.3255 asian high sit just above
Close back below the 1.3229 asian low negates the reclaim and re-exposes the 1.3221 session low
Loss of the 1.3221 session low opens the 1.3200 psych level
US JOLTS 14:00 GMT and BoE Taylor 15:30 GMT could materially shift this read
Lower highs through London; Asian range low broken, now being retested.
Cable broke below the 1.3229–1.3255 Asian range in London, printing lower highs from the 1.3245 London high down to a 1.3221 session low. A firm USD on 5%+ Treasury yields drove the move, and the mixed BoE credit data made little difference. The late-morning bounce is back at the Asian low and EMA20. The descending trendline near 1.3237 and the 38.2% fib of Monday's drop around 1.3244 sit overhead.
Support: 1.3229, 1.3221, 1.3200
Resistance: 1.3245, 1.3255
What it said to watch
M15 close above the descending trendline and 1.3245 London high breaks the lower-high sequence and puts the 1.3255 Asian high back in range
Failure below the 1.3221 session low extends the lower-low chain toward the 1.3200 round number
US JOLTS 14:00 GMT and BoE Taylor 15:30 GMT could materially shift this read
10:16 UTC
Downtrend, lower highs through London · RSI 32 · price 1.32227
Asian range broken to downside, LH/LL chain.
London broke the Asian low at 1.3229 and has printed lower highs under a descending trendline from 06:00 UTC. That extends the fade from Monday's 1.3280 high to a 1.3221 session low as USD firms on 5%+ UST yields ahead of JOLTS. RSI(14) near 32 is soft but not oversold, and the 1.3200 round number is the next level below.
Support: 1.3221, 1.3200
Resistance: 1.3229, 1.3241, 1.3255
What it said to watch
M15 closes back above the 1.3229 asian low put price back inside the Asian range and weaken the downside read
A close above the 1.3241 london high breaks the lower-high chain and the descending trendline; the 1.3255 asian high sits above
A break of the 1.3200 round number extends the lower-low sequence in the fade from 1.3280
US JOLTS 14:00 UTC and BoE Taylor 15:30 UTC could materially shift this read; crowded GBP shorts carry squeeze risk on soft data
London broke below the Asian range and is retesting the Asian low from below.
GBPUSD has faded steadily from Monday's 1.3280 high. London broke the Asian low at 1.3229 and printed a session low at 1.3224. Lower highs at 1.3241 and 1.3237 are capping the trendline as USD holds firm on 5%+ UST yields ahead of JOLTS. Price is now retesting the underside of the Asian low late in the London morning, with RSI(14) near 39 and not stretched.
Support: 1.3224, 1.3200
Resistance: 1.32293, 1.32374, 1.32426
What it said to watch
An M15 close back above the 1.3229 Asian low and the 1.3237 lower high breaks the lower-high sequence
A clean break of the 1.3224 session low opens the path to the 1.3200 round number
A move through the 1.3243 London high would neutralise the intraday downtrend read
US JOLTS at 14:00 GMT and Fedspeak from 11:30 UTC could materially shift this read
09:46 UTC
Downtrend, lower highs through London · RSI 33 · price 1.32251
Asian range broken to the downside, lower-high chain intact.
London cleared the Asian low at 1.3229 and is grinding to a fresh session low at 1.3224, extending the drop from Monday's 1.3280 high as 5%+ US yields keep USD firm. Lower highs at 1.3245, 1.3241 and 1.3237 are capping every bounce under the falling trendline, and RSI(14) at 33 is soft but not stretched.
Support: 1.32243, 1.3220
Resistance: 1.32293, 1.32411, 1.32552
What it said to watch
M15 close back above the asian low at 1.3229 would flag a false break of the Asian range
Reclaim of the 1.3241 lower high breaks the falling trendline and the lower-high chain
Loss of the 1.3220 round number opens 1.3200, the level the digest flags for a fresh downside leg
38.2% fib of the 1.3280 drop sits near 1.3246, just under the asian high at 1.3255
US JOLTS at 14:00 GMT and heavy Fedspeak could materially shift this read
09:16 UTC
Downtrend, compressing near lows · RSI 45 · price 1.32371
Lower highs from 1.3280; London range 1.3227–1.3245.
Lower highs step down from the 1.3280 Monday high through the 1.3255 Asian high and the 1.3245 lower high. Asia leaked lower and London extended to the 1.3227 London low, which has held on three tests. Price now sits at the descending trendline in mid-London with RSI(14) near 45, as >5% US yields keep USD firm into JOLTS.
Support: 1.3227, 1.3200
Resistance: 1.3245, 1.3255, 1.3280
What it said to watch
M15 close above the descending trendline and the 1.3245 lower high breaks the lower-high sequence, with the 1.3255 Asian high next
Failure to hold the 1.3227 London low opens the 1.3200 round number (Friday low 1.3209)
Musalem 11:30 UTC and US JOLTS 14:00 UTC (f/c 7.23M) could materially shift this read
09:01 UTC
Downtrend, pausing near lows · RSI 41 · price 1.32312
Lower highs from 1.3280; London holding a 1.3227–1.3243 band.
Asia printed lower highs from the 1.3255 asian high to a 1.3229 low as USD firmed on 10Y yields above 5%. London opened with a dip to 1.3227 and, two hours in, has held a tight 1.3227–1.3243 band beneath the descending trendline. RSI(14) sits near 41, with no oversold extreme.
Support: 1.3227, 1.3209
Resistance: 1.3243, 1.3255
What it said to watch
An M15 close above the descending trendline and the 1.3243 london high breaks the lower-high chain; the 38.2% fib of the monday high–london low leg sits near 1.3247
Failure to hold the 1.3227 london low exposes the 1.3209 friday low
Musalem 11:30 UTC, US JOLTS 14:00 UTC and BoE Taylor 15:30 UTC could materially shift this read
LH/LL chain from 1.3255 Asian high; London swept below the Asian low, then bounced.
Lower highs from the 1.3255 Asian high keep the intraday downtrend intact as USD firms on US 10y yields above 5%. Mid-London, price swept below the Asian low to a 1.3227 session low before a shallow bounce. It now sits under the 1.3241 lower high and the descending trendline, with RSI(14) near 45 and both EMAs overhead.
Support: 1.3227, 1.3209, 1.3200
Resistance: 1.3241, 1.3245, 1.3255
What it said to watch
M15 close above 1.3245 pre-London high and the descending trendline breaks the lower-high chain
Failure to hold the 1.3227 session low exposes the 1.3209 Friday low and the 1.3200 round number
US JOLTS at 14:00 GMT and BoE Taylor at 15:30 GMT could materially shift this read
Bounce stalling below 38.2% of the Asian-high-to-session-low drop keeps the move corrective
Lower highs since Monday's 1.3280 top. Asia slid from the 1.3255 asian high through the 1.3240 monday low, and early London set a fresh session low at 1.3227 as USD firmed on 5%+ US yields. Bounces keep stalling at the falling trendline, last near the 1.3245 lower high; RSI(14) in the low-40s is not stretched.
Support: 1.3227, 1.3209
Resistance: 1.3240, 1.3245, 1.3255
What it said to watch
M15 close above the falling trendline and the 1.3245 lower high breaks the lower-high chain
Reclaim of the 1.3240 monday low would turn it back into support; the 1.3255 asian high sits above
Failure to hold the 1.3227 session low exposes the 1.3209 friday low
Fedspeak from 11:30 GMT, US JOLTS at 14:00 GMT and BoE Taylor at 15:30 GMT could materially shift this read
LH/LL chain from Monday's 1.3280 high; early London swept the Asian low.
Lower highs have stepped down from the 1.3280 Monday high along a descending trendline as the USD firmed on 5%+ US yields. Early London swept below the Asian low to a 1.3227 session low, and price has recovered only to 1.3234, still under the 1.3245 swing high. RSI(14) is near 42, with no extreme; the 1.3255 Asian high caps the 61.8% fib zone.
Support: 1.3227, 1.3209, 1.3200
Resistance: 1.3245, 1.3255, 1.3280
What it said to watch
M15 close above the 1.3245 swing high and descending trendline breaks the lower-high chain
Failure to hold the 1.3227 session low exposes the 1.3209 Friday low and 1.3200 round number
Reclaim of the 1.3255 Asian high and 61.8% fib would neutralise the downtrend read
US JOLTS 14:00 GMT, Fedspeak and BoE Taylor 15:30 GMT could materially shift this read
Lower highs from 1.3280, London trading in the lower half of the Asian range.
GBP/USD has printed lower highs since the 1.3280 Monday high as the USD stays bid on 5%+ US yields. The Asia session low at 1.3229 drew a bounce that stalled at 1.3245, a lower high just under the falling trendline and short of the fib 38.2 near 1.3249. Early London is holding below both EMAs, pinned between the session low and that lower high, with ATR near 6 pips.
Support: 1.32293, 1.3200
Resistance: 1.32449, 1.32552, 1.32799
What it said to watch
M15 close above the 1.3245 lower high and the falling trendline breaks the lower-high chain; the asian high at 1.3255 is next above
Failure to hold the 1.3229 session low extends the lower-low sequence toward the 1.3200 psych level
US JOLTS at 14:00 GMT and BoE Taylor at 15:30 GMT could materially shift this read
Lower highs and lower lows from Monday high; retest of broken low from below.
GBP/USD keeps a lower-high chain from the 1.3280 Monday high. Asia broke Monday's 1.3240 NY low as the yield-led USD bid held. Early London is boxed in a 1.3234–1.3245 band after the bounce off the 1.3229 session low stalled at the broken low and the falling trendline, with RSI(14) near 45.
Support: 1.3229, 1.3209
Resistance: 1.3243, 1.3255, 1.3280
What it said to watch
M15 close above 1.3245 (broken low and falling trendline) breaks the lower-high sequence and puts the 1.3255 asian high back in play
Failure to hold the 1.3229 session low extends the lower-low chain toward the 1.3209 friday low and the 1.3200 round number
Fed's Musalem at 11:30 UTC and US JOLTS at 14:00 UTC could materially shift this read via US yields
07:16 UTC
Downtrend, lower highs since Monday's 1.3280 top · RSI 48 · price 1.32422
Lower-high/lower-low chain through Asia; London open testing descending trendline.
London opens at 1.3242 after an Asia session that carved lower lows to a 1.3229 session low. The 06:00 UTC bounce stalled at 1.3245 (bounce high), just under the descending trendline from the 1.3280 monday high, as a yield-driven USD bid keeps cable heavy. RSI(14) is mid-range near 48 and ATR(14) is about 5 pips.
Support: 1.3229, 1.3209, 1.3200
Resistance: 1.3245, 1.3255, 1.3280
What it said to watch
M15 close above the descending trendline and the 1.3255 asian high breaks the lower-high sequence
Failure to hold the 1.3229 session low extends the lower-low chain toward the 1.3209 friday low and 1.3200 psych
US JOLTS 14:00 GMT and BoE Taylor 15:30 GMT could materially shift this read
Lower highs and lower lows since Monday's 1.3280 high; Monday low broken in Asia, now retested from below.
Cable extended Monday's slide from 1.3280 through the Asia session. It broke the 1.3240 Monday low and printed a 1.3229 Asian low as 5%+ US yields kept the USD bid. Into London open, price is retesting the Monday low from below, with the 1.3245 rebound high and the descending trendline off the 1.3255 Asian high capping so far. RSI(14) is near 42.
Support: 1.32293, 1.3200
Resistance: 1.32403, 1.32449, 1.32552
What it said to watch
M15 close above the 1.3245 rebound high and the descending trendline would break the lower-high chain and bring the 1.3255 Asian high into view
Failure to hold the 1.3229 Asian low extends the lower-low sequence toward the 1.3200 round number
US JOLTS at 14:00 UTC and heavy Fedspeak (Musalem 11:30 UTC) could materially shift this read
Lower highs from 1.3280; Asia broke Monday's 1.3235 low.
Cable has printed lower highs along a falling trendline since the 1.3280 monday high. Asia slipped below Monday's 1.3235 floor to a 1.3229 asian low as UST yields above 5% keep USD firm. The 06:00 UTC bounce was rejected at the 1.3245 bounce high, below the 38.2% fib retrace, and price sits near 1.3236 into London open with RSI(14) near 38.
Support: 1.3229, 1.3200
Resistance: 1.3245, 1.3255, 1.3280
What it said to watch
An M15 close above the 1.3245 bounce high and the falling trendline breaks the lower-high chain; the 1.3255 asian high and the 38.2% fib near 1.3249 sit just above
Failure to hold the 1.3229 asian low extends the downtrend toward the 1.3200 round number
A move back to the 1.3280 monday high would invalidate the downtrend read
US JOLTS at 14:00 UTC and BoE Taylor at 15:30 UTC could materially shift this read
06:31 UTC
Intraday downtrend, lower highs since Monday NY · RSI 41 · price 1.32394
Lower-high chain from 1.3280; Asia broke to 1.3229, pre-London bounce rejected.
Asia session slipped from the 1.3255 Asia high to a 1.3229 Asia low, extending the lower-high sequence from Monday's 1.3280 NY high as US 10y yields held above 5%. The pre-London bounce stalled at 1.3245, just under the falling trendline and near the 38.2% retrace of the Mon high–Asia low leg. Price is back below EMA20 with RSI(14) around 41.
Support: 1.3229, 1.3209
Resistance: 1.3245, 1.3255, 1.3280
What it said to watch
M15 close above the 1.3245 bounce high and the falling trendline breaks the lower-high chain; 1.3255 Asia high next above
Loss of the 1.3229 Asia low exposes the 1.3209 Fri low
London open is imminent; US JOLTS 14:00 UTC and BoE Taylor 15:30 UTC could materially shift this read
06:16 UTC
Downtrend, lower highs and lower lows through Asia · RSI 33 · price 1.32341
Stair-step decline from Monday's NY high; Asia at session low into London open.
Lower highs and lower lows have held since the 1.3280 Monday NY high. Asia extended the decline from the Monday high to a 1.3229 Asia low, below Monday's 1.3231 early low, as US 10y yields above 5% kept the dollar firm. RSI(14) near 33 is soft but not oversold, and price sits just above the Asia low about 45 minutes before London open.
Support: 1.32293, 1.3209
Resistance: 1.32404, 1.32552
What it said to watch
M15 close above the 1.3240 lower high and the Asia trendline breaks the lower-high sequence, with the 1.3255 Asia high above
Failure to hold the 1.3229 Asia low extends the lower-low chain toward the 1.3209 Fri low
US JOLTS and Consumer Confidence at 14:00 UTC, plus Fedspeak from 11:30 UTC, could shift the dollar leg
BoE Taylor at 15:30 UTC: backing for hike talk could lift GBP off the lows
06:01 UTC
Downtrend, lower highs through Asia · RSI 25 · price 1.3230
LH/LL chain below the Asian high; yesterday's range low broken.
Asia session extended the fade from the 1.3280 monday high. Lower highs formed under a descending trendline from the 1.3255 asian high, and price slipped below yesterday's 1.3231 early low into the last bar before London open. USD firmness on 10y yields above 5% is the backdrop; RSI(14) at 25 is stretched but not extreme, and ATR is about 4 pips.
Support: 1.3209, 1.3200
Resistance: 1.3240, 1.3255, 1.3280
What it said to watch
M15 close back above the 1.3240 swing high and the descending trendline breaks the Asian lower-high chain
Failure to hold the 1.3209 friday low exposes the 1.3200 round number
London open in about 1h may set a fresh session range off the Asian low
US JOLTS at 14:00 UTC, Fedspeak from 11:30 UTC and BoE Taylor at 15:30 UTC could materially shift this read
Lower highs and lows from the 1.3280 high; Asian range broken to the downside.
After the rejection at the 1.3280 Mon high, GBP/USD has printed a steady lower-high sequence, with US 10y yields above 5% capping the pound. Late Asia broke the 1.3243 asian low and made a session low at 1.3234, just above the 1.3231 prior low from Monday's early trade. RSI(14) sits near 31, not yet at an extreme.
Support: 1.32336, 1.32312
Resistance: 1.32429, 1.32552, 1.32799
What it said to watch
M15 close back above the 1.3243 asian low puts price back inside the Asian range and negates the break
Failure to hold the 1.3231 prior low extends the lower-low chain
Close above the lower-high trendline (~1.3248) and the 1.3255 asian high, which is near the 50% fib, breaks the downtrend read
London open is imminent; JOLTS at 14:00 UTC, heavy Fedspeak and BoE Taylor at 15:30 UTC could materially shift this read
Lower-high/lower-low chain, late Asia pressing prior low.
GBPUSD has printed lower highs since the NY-session prior high at 1.3280. Late in the Asia session it cut through the early-Asia broken low at 1.3243 and set an Asian low at 1.3234, with US 10y yields above 5% keeping the dollar bid. Price sits just above Monday's prior low at 1.3231; RSI(14) near 37 is soft but not oversold.
Support: 1.32336, 1.32312
Resistance: 1.32429, 1.32552, 1.32799
What it said to watch
M15 close back above 1.3243 (broken low) would negate the Asian range break
Failure to hold 1.3231 (prior low) extends the lower-low chain
A break of the lower-high trendline near 1.3248 and the Asian high at 1.3255 (38.2% fib of the 1.3280 selloff) would end the sequence
London open in under 2h is the first test of the Asian low
JOLTS 14:00 UTC and BoE Taylor 15:30 UTC could materially shift this read
05:16 UTC
Downtrend, lower highs through Asia · RSI 32 · price 1.32362
LH/LL chain from 1.3280 Monday high, pressing Monday low.
The Asia session broke below Monday's quiet overnight range and extended the fade from the 1.3280 Monday high. It stepped down through a lower-high sequence from the 1.3255 Asian high to 1.3243, and is now testing the 1.3231 Monday low. US 10y yields holding above 5% keep the dollar leg firm ahead of the London open. RSI(14) near 32 is soft but not stretched.
Support: 1.32312, 1.3209
Resistance: 1.32428, 1.32552, 1.32799
What it said to watch
An M15 close below the 1.3231 Monday low extends the lower-low chain toward the 1.3209 Friday low
A reclaim of the 1.3243 lower high breaks the Asian trendline and neutralises the downtrend read
The Asian high at 1.3255 caps any London-open rebound; above it the 1.3280 Monday high comes back into view
JOLTS 14:00 UTC, Fedspeak from 11:30 UTC and BoE Taylor at 15:30 UTC could materially shift this read
Lower-high chain; late Asia pressing session lows.
Lower highs since the 1.3280 Mon high during NY hours. Asia rejected at the 1.3255 asia high and broke the 1.3243 prior low, printing a session low near 1.3237 as >5% US 10y yields keep USD bid. RSI(14) near 32 is soft but not stretched. Price sits about 6 pips above the 1.3231 mon asia low.
Support: 1.3231, 1.3209
Resistance: 1.3243, 1.3255, 1.3280
What it said to watch
Failure to hold the 1.3231 mon asia low extends the lower-low chain toward the 1.3209 fri low
M15 close back above the 1.3243 prior low and the descending trendline from 1.3275 weakens the downtrend read
Close above the 1.3255 asia high breaks the lower-high sequence; the 1.3280 mon high is the range top
London open in ~2h; US JOLTS 14:00 UTC and BoE Taylor 15:30 UTC could materially shift this read
LH/LL chain since NY peak, pressing Asian range low.
The 1.3280 NY-session prior high marks the Ramsden-driven peak. Price has faded since then on a series of lower highs as US 10y yields pushed above 5%. Late in the Asia session the pair broke the early 1.3243 low and printed a new Asian low at 1.3238, with RSI(14) near 38 and price under both EMAs.
Support: 1.3238, 1.3231
Resistance: 1.3243, 1.3255, 1.3280
What it said to watch
Failure to hold the 1.3238 asian low exposes the 1.3231 prior low from Monday
Recovery above the 1.3243 broken low and the descending trendline near 1.3250 would stall the lower-high chain
Reclaiming the 1.3255 asian high invalidates the intraday downtrend read
London open in ~2.5h, then US JOLTS (14:00 UTC) and BoE Taylor (15:30 UTC), could materially shift this read
Lower highs from 1.3280 Monday high; late-Asia marginal new low at 1.3238 below Monday NY low.
GBPUSD has faded from the 1.3280 Monday high as US 10y yields pushed above 5%. Late in the Asia session it rejected the 1.3255 asian high and dipped to a session low at 1.3238, just under Monday's NY low. The falling trendline off 1.3280 now caps near 1.3250.
Support: 1.32383, 1.32312
Resistance: 1.3250, 1.32552, 1.32799
What it said to watch
M15 close above the trendline near 1.3250 and the 1.3255 asian high breaks the lower-high sequence
Failure to hold the 1.3238 session low exposes the 1.3231 monday low; a retrace of the drop from 1.3280 stays capped below the trendline
London open in ~2.5h typically sets the session range
US JOLTS / Consumer Confidence 14:00 UTC, Fedspeak from 11:30 UTC and BoE Taylor 15:30 UTC could materially shift this read
Lower-high sequence, late Asia pressing session low.
Monday's rally to the 1.3280 monday high on hawkish BoE Ramsden comments has retraced about 85% in a lower-high sequence as US 10y yields above 5% firmed USD. Late Asia is printing a new session low at 1.3238 after a failed push to the 1.3255 asian high, with the 1.3231 monday low just below; RSI(14) near 34 and ATR(14) about 3.7 pips ahead of London open.
Support: 1.32383, 1.32312
Resistance: 1.32429, 1.32552, 1.32799
What it said to watch
A break under the 1.3231 monday low erases the full Monday rally and extends the lower-low chain
A reclaim of the 1.3243 asia pivot followed by a close above the 1.3255 asian high breaks the lower-high trendline
US JOLTS and Consumer Confidence at 14:00 UTC and BoE Taylor at 15:30 UTC could materially shift this read during NY hours
04:01 UTC
Drifting lower, lower highs since NY peak · RSI 40 · price 1.32421
Lower-high chain from 1.3280; Asian range low broken, testing NY low.
Asia session capped at the 1.3255 asia high and has slipped below its own 1.3243 low. That extends a lower-high chain from yesterday's 1.3280 NY session high as US 10y yields above 5% keep the dollar firm. Price now sits just above the 1.3240 ny low, with the 1.3231 day low the next reference below.
Support: 1.3240, 1.3231
Resistance: 1.3255, 1.3280
What it said to watch
M15 close below the 1.3240 ny low exposes the 1.3231 day low
Reclaim of the 1.3255 asia high breaks the lower-highs trendline read
London open in ~3h typically expands range beyond the current 3–4 pip ATR
US JOLTS 14:00 UTC and BoE Taylor 15:30 UTC later today could materially shift this read
Monday high at 1.3280 in NY faded as US 10y yields pushed above 5%. Late Asia session has printed lower highs under the descending trendline from the 1.3255 Asian high, and price is holding just above the 1.3243 Asian low. ATR(14) near 4 pips and RSI(14) mid-40s point to thin, quiet trade.
Support: 1.3243, 1.3240, 1.3231
Resistance: 1.3255, 1.3280
What it said to watch
M15 close below the 1.3243 Asian low exposes the 1.3240 NY low and the 1.3231 prior low from Monday's early session
M15 close above the descending trendline and the 1.3255 Asian high breaks the lower-high sequence
London open in ~3.5h, US JOLTS 14:00 UTC and BoE Taylor 15:30 UTC could materially shift this read
Asian range compression under a descending trendline.
GBPUSD faded from the 1.3280 NY high set on BoE hike talk, and the descending trendline off that high has capped every rebound since as US 10y yields above 5% kept USD bid. Late Asia session is compressing in a 1.3243–1.3255 Asian range, with the asian high sitting just under the 38.2% fib. RSI(14) is neutral near 43 and ATR is around 4 pips.
Support: 1.3243, 1.3240, 1.3231
Resistance: 1.3255, 1.3280
What it said to watch
A London open break of the 1.3243 asian low exposes the 1.3240 swing low, then the 1.3231 london low
M15 close above the 1.3255 asian high and the descending trendline reopens the 1.3275–1.3280 ny high zone
JOLTS and US Consumer Confidence at 14:00 UTC, the Fed speaker slate, and BoE Taylor at 15:30 UTC could materially shift this read
03:16 UTC
Pullback from Monday high, flattening in Asia · RSI 46 · price 1.32505
Lower highs off 1.3280, tight Asian range with rising lows.
Monday's rally from the 1.3231 pre-London low topped at the 1.3280 day high in NY. A lower-high sequence then pulled price back to the 61.8% rally fib near 1.3250 as US 10y yields above 5% capped the BoE-driven GBP bid. Asia swept under the NY low to the 1.3243 asian low and is holding a tight 1.3243–1.3255 range on rising Asia lows, with RSI(14) neutral near 46 and ATR at about 4 pips.
Support: 1.32429, 1.32403, 1.32312
Resistance: 1.32552, 1.32799
What it said to watch
Break of the Asian range either way into London open, roughly 4h out, sets the next leg
M15 close below the 1.3243 asian low and 1.3240 swing low (near the 78.6% rally fib) exposes the 1.3231 pre-London low
Reclaim of the 1.3255 asian high and the 50% rally fib reopens the 1.3280 day high
Loss of the Asia rising lows line undercuts the range-hold read
US JOLTS (14:00 UTC) and BoE Taylor (15:30 UTC) later today could materially shift this read
03:01 UTC
Sideways after fading from Monday high · RSI 49 · price 1.32524
Inside Monday's range, Asia higher lows off 1.3243.
Monday's London-NY rally from the 1.3231 monday low topped at 1.3280 after Ramsden's hike-leaning remarks, then faded as US 10y yields pushed above 5%. Late Asia is holding a 1.3243–1.3255 range, with the asian low and asian high bracketing the 50–61.8% zone of the Monday rally fib. The ny low at 1.3240 sits just beneath.
Support: 1.32429, 1.32403, 1.32312
Resistance: 1.32552, 1.32799
What it said to watch
Close above the 1.3255 asian high reclaims the 50% fib and opens the path back toward the 1.3280 monday high
Break of the 1.3243 asian low and 1.3240 ny low exposes the 1.3231 monday low
US JOLTS and Consumer Confidence at 14:00 UTC, Fed speakers from 11:30 UTC and BoE Taylor at 15:30 UTC could materially shift this read
02:46 UTC
Intraday downtrend from 1.3280, Asia bounce stalling · RSI 46 · price 1.32514
Lower highs since Monday's 1.3280 spike; small higher lows off the 1.3243 Asian low.
GBPUSD was rejected at Monday's 1.3280 day high and faded through NY as US 10y yields held above 5%. Early Asia dipped below the 1.3249 NY low to a 1.3243 Asian low. Price has since recovered to the 23.6% retracement near 1.3252, sitting on EMA20 and below EMA50, with the 1.3255 Asian high capping mid-Asia.
Support: 1.3249, 1.3243, 1.3240
Resistance: 1.3255, 1.3269, 1.3280
What it said to watch
M15 close above the 1.3255 Asian high opens a retest of the 1.3269 lower high
Failure to hold the 1.3249 NY low and 1.3243 Asian low confirms a lower-low toward the 1.3240 swing low
London open is roughly 4.5h out; the 3.5-pip ATR reflects thin Asian conditions
Fedspeak from 11:30 UTC, US JOLTS at 14:00 UTC and BoE Taylor at 15:30 UTC could materially shift this read
Lower highs from 1.3280; Asia holding higher lows at range top.
Monday's London and NY sessions capped at the 1.3280 prior high as 5%+ US yields pinned the pair, and the late-NY drift gave way to an early-Asia dip that held at 1.3243, just above the 1.3240 NY low. Price has since recovered to test the 1.3253 Asian high in thin trade, about 27% of the 1.3280–1.3243 leg, with RSI(14) neutral near 51 and ATR at 3.3 pips.
Support: 1.3243, 1.3240, 1.3231
Resistance: 1.3253, 1.3258, 1.3280
What it said to watch
M15 close above the 1.3253 asian high and the 1.3258 ny close hi puts the 1.3280 prior high back in range
Break of the Asian rising trendline and the 1.3243 asian low exposes the 1.3240 ny low, then the 1.3231 prior low
London open in about 4.5h is likely to set the direction out of the Asian range
US Fedspeak cluster from 11:30 UTC and BoE Taylor at 15:30 UTC could shift the yield-driven read
02:16 UTC
Soft downtrend, stalling in Asia · RSI 39 · price 1.32485
Lower highs off the 1.3280 Monday high; Asia broke the NY-close floor, tight consolidation above 1.3243.
The Monday high at 1.3280 was rejected in NY, and price bled lower into the close as US yields held above 5%. Asia broke the 1.3249 NY-close floor at 00:00 UTC, set an asian low at 1.3243, and is now consolidating in a 1.3246–1.3251 band under the bounce high. RSI(14) sits near 39 and ATR is about 3 pips in the quiet Asian tape.
Support: 1.32429, 1.32312
Resistance: 1.32511, 1.32552, 1.32799
What it said to watch
M15 close below the 1.3243 asian low exposes the 1.3231 monday low
Recovery through the 1.3251 bounce high and the 1.3255 asian high returns price to Monday's NY-close range
38.2% fib of the Monday high–asian low drop sits at 1.3257, near the asian high; failure there keeps the lower-high sequence intact
London open in about 5h is likely to set the session range; US JOLTS at 14:00 UTC and BoE Taylor at 15:30 UTC could reset the read later today
02:01 UTC
Intraday downtrend, lower highs since the 1.3280 high · RSI 33 · price 1.32475
Stepwise LH/LL off Monday's NY high, thin Asian range 1.3243–1.3254.
After London lifted GBPUSD from the 1.3231 day low to a 1.3280 prior high in NY Monday, price bled lower in lower-high steps. The Asia open then extended to a 1.3243 Asia low as US 10y yields held above 5%. Price is now pinned in a thin Asian range under the 1.3251 bounce high and both EMAs, RSI(14) near 33, ATR about 3 pips.
Support: 1.32429, 1.32403, 1.32312
Resistance: 1.32511, 1.32537, 1.32799
What it said to watch
M15 close below the 1.3243 Asia low extends the lower-low chain toward the 1.3240 swing low
Loss of the 1.3240 swing low exposes Monday's 1.3231 day low
Reclaim of the 1.3251 bounce high and the 1.3254 Asia high (late-NY shelf) neutralises the pullback; 38.2% fib of the 1.3280–1.3243 leg sits near 1.3257
US JOLTS at 14:00 UTC and BoE Taylor at 15:30 UTC could shift the read; US yields remain the main driver
Lower highs from 1.3280, early Asia dip bouncing under 1.3254.
Monday's London-NY range ran from the 1.3231 monday low to the 1.3280 monday high. The NY spike to the high was rejected and faded into lower highs as US 10y yields pushed to 2007 highs. Early Asia dipped to 1.3243, holding above the 1.3240 swing low, and is now retracing toward the 1.3254 shelf with RSI(14) near 35 and price under both EMAs.
Support: 1.3243, 1.3240, 1.3231
Resistance: 1.3254, 1.3275, 1.3280
What it said to watch
M15 close back above the 1.3254 shelf and the lower highs trendline neutralises the fade
Break of the 1.3243 asia low and the 1.3240 swing low exposes the 1.3231 monday low
The 1.3275 lower high and the 1.3280 monday high cap the range above
US JOLTS (14:00 UTC) and BoE Taylor (15:30 UTC) later Tuesday could materially shift this read
Lower highs since NY peak; Asian range broken to downside.
GBP/USD has faded from Monday's 1.3280 NY high, set on BoE hike talk, in a series of lower highs. At the start of the Asia session it broke below the 1.3253–1.3257 Asian range to a 1.3243 low. Price is now just under the 61.8% fib of the 1.3231–1.3280 rally near 1.3250, with RSI(14) near 38 and price below both EMAs.
Support: 1.3243, 1.3240, 1.3231
Resistance: 1.3250, 1.3256, 1.3280
What it said to watch
M15 close back above 1.3256 asian range base negates the break lower
Loss of the 1.3243 asian low and 1.3240 ny wick low exposes the 1.3231 monday low
Close above the lower highs trendline and 1.3280 monday high breaks the fade structure
US JOLTS 14:00 UTC and BoE Taylor 15:30 UTC could materially shift this read
Lower highs off 1.3280; late-session range floor broken, basing at 1.3243.
GBP/USD faded from the 1.3280 monday high, set during NY hours as BoE hike talk lifted sterling, into a quiet 1.3249–1.3257 band. That band broke at the start of the Asia session to a 1.3243 asia low, and price is now holding just under the old ny low with RSI(14) near 36 and ATR around 3 pips.
Support: 1.3243, 1.3240, 1.3231
Resistance: 1.3249, 1.3257, 1.3280
What it said to watch
A break of the 1.3243 asia low exposes the 1.3240 pm swing low, then the 1.3231 monday low
An M15 close back above the 1.3249 ny low and the 1.3257 range top would negate the range break; 1.3257 also sits at the 38.2% of the fade
BoE Taylor (15:30 UTC) and US JOLTS (14:00 UTC) later Tuesday could materially shift this read
Lower highs from 1.3280 Monday high; late-NY range floor broken at Asia open.
Monday's BoE-hike-driven rally topped at the 1.3280 Monday high during NY hours. Since then a descending line of lower highs has capped price, and the Asia open broke the 1.3249–1.3257 late-session range to print an Asia low at 1.3243, near the 78.6% of the Monday rally fib. RSI(14) sits at 34 and ATR is under 4 pips, so the Asia tape is thin.
Support: 1.3243, 1.3240, 1.3231
Resistance: 1.3249, 1.3257, 1.3280
What it said to watch
Recovery above the 1.3249 range floor and 1.3257 range top, clearing the descending line, negates the lower-high sequence
Failure below the 1.3243 Asia low exposes the 1.3240 NY low and the 1.3231 Monday low, which would be a full retrace of the Monday rally fib
US JOLTS (14:00 UTC) and BoE Taylor (15:30 UTC) later Tuesday could materially shift this read
Overnight shelf at 1.3253 broken at Tuesday Asia open; testing NY low.
Monday's London rally and NY high at 1.3280 on BoE hike talk gave way to lower highs, and early Asia broke the 1.3253 range floor to print an asia low at 1.3243, just above the 1.3240 ny low. Price sits below both EMAs with RSI(14) near 34 and ATR around 3 pips in thin Asian trade.
Support: 1.3243, 1.3240, 1.3231
Resistance: 1.3253, 1.3280
What it said to watch
M15 close below 1.3240 ny low exposes the 1.3231 monday low
Reclaim of the 1.3253 range floor and the lower highs trendline neutralises the break
A push through the 1.3280 monday high reverses the lower-highs read
US JOLTS (14:00 UTC) and BoE Taylor (15:30 UTC) later Tuesday could reset the session range
00:31 UTC
Intraday downtrend, lower highs since NY peak · RSI 32 · price 1.32467
Lower highs from 1.3280 day high; Asian range broken lower.
Monday's BoE-driven push to the 1.3280 day high in NY has faded into a run of lower highs against a firm USD. In early Asia, the 00:00 UTC bar broke the tight 1.3253–1.3258 range under the asian high and cleared the 1.3249 prior low, pressing the 1.3245 ny low. RSI(14) sits near 32 and ATR is about 3 pips.
Support: 1.32452, 1.32403, 1.32312
Resistance: 1.3249, 1.32575, 1.32799
What it said to watch
M15 close below the 1.3245 ny low exposes the 1.3240 spike low and the 1.3231 pre-ldn low
Recovery back above the 1.3249 prior low and 1.3257 asian high would mark a false break of the Asian range
A break of the lower highs trendline from the 1.3280 day high would end the sequence
US JOLTS (14:00 UTC) and BoE Taylor (15:30 UTC) later Tuesday could materially shift this read
00:16 UTC
Sideways after NY rejection, lower highs · RSI 47 · price 1.32531
Lower highs off the 1.3280 session high; tight Asia box above late NY low.
London broke Monday's Asian range and NY printed a session high at 1.3280 on hawkish BoE talk, but supply capped the 1.3275 ny highs and a lower-high line has since pulled price back to the 50% fib of Monday's range near 1.3254. Early Tuesday Asia is compressed in a 1.3249–1.3257 box, with the asia high overhead, the late ny low below and ATR under 3 pips.
Support: 1.3249, 1.3240, 1.3229
Resistance: 1.3257, 1.3275, 1.3280
What it said to watch
M15 close above the 1.3257 asia high and the lower-high line reopens 1.3275 ny highs and the 1.3280 session high
Failure to hold the 1.3249 late ny low exposes the 61.8% fib and the 1.3240 ny swing low, then the 1.3229 asian low
BoE Taylor and US JOLTS later Tuesday could materially shift this read
Lower highs from 1.3280 day high; tight post-NY consolidation at the 50% retracement.
London broke above the Asian range from the 1.3227 asian low, and BoE hike talk carried GBP to a 1.3280 day high in NY. Since then the pair has printed a series of lower highs and faded to 1.3254, the 50% retracement of the day's advance, with a 1.3240 swing low set during NY hours. Post-NY trade is flat in a 1.3249–1.3258 band as Asia opens, RSI(14) near 44 and ATR under 4 pips.
Support: 1.3249, 1.3240, 1.3227
Resistance: 1.3260, 1.3275, 1.3280
What it said to watch
A break of the 1.3249 late-ny low puts the 1.3240 swing low back in play and signals the London breakout is being unwound.
A recovery above the 38.2% fib at 1.3260 eases the lower-high sequence, with the 1.3275 lower high and 1.3280 day high above.
US JOLTS (14:00 UTC) and BoE Taylor (15:30 UTC) on Tuesday could materially shift this read.