London-NY rally, now consolidating below session high.
London-NY session drove a clean rally from 1.3335 to the session high at 1.34765, GBP firm after the hawkish 6-3 BoE hold and soft US GDP/PCE prints. Asia hours have gone quiet, drifting in a 1.34585-1.34765 consolidation with RSI cooling to the low-50s and price slipping under EMA20.
Support: 1.34585, 1.3424, 1.3405
Resistance: 1.34765
What it said to watch
M15 close below 1.34585 asia low opens 1.3424 swing low
Break above 1.34765 session high resumes the rally
US ECI / UoM inflation expectations Fri could reprice USD
GBPUSD ran from 1.3333 to a 1.34765 session high through the London-NY window, riding a softer post-Fed USD after Q2 GDP missed. Price has since gone flat in the Asia session, drifting between 1.34585 and 1.34765 with RSI(14) cooled back to the mid-40s and price slipping under EMA20.
Support: 1.34585, 1.3444, 1.34146
Resistance: 1.34765, 1.3500
What it said to watch
M15 close above 1.34765 reopens the path toward 1.3500
Loss of 1.34585 confirms a lower-low and shifts the read to distribution
US ECI and UoM inflation expectations (Fri) could reprice USD and break this range
GBPUSD ran from 1.3333 to a 1.34765 session high through the London-NY window, then stalled into thin Asia hours, drifting sideways around 1.3465. Structure stays constructive above the 1.34580 higher low, but momentum has flattened just under the session high.
Support: 1.3458, 1.3423, 1.34146
Resistance: 1.34765
What it said to watch
M15 close below 1.34580 breaks the rising higher-low sequence
Reclaim of 1.34765 session high reopens the upside path
US ECI / UoM inflation expectations (Fri) could reprice USD and shift this read
Consolidation near session highs after impulsive rally.
London-NY hours drove GBPUSD from 1.3335 to a session high 1.34765 as soft US GDP/PCE weighed on the dollar and the hawkish 6-3 BoE split lingered. Price is now coiling in a tight low-volume Asian range 1.3459-1.34765, RSI cooling off but holding above 50 with price over EMA20 and EMA50.
Support: 1.3458, 1.3431, 1.34146
Resistance: 1.34765, 1.3470
What it said to watch
M15 close above 1.34765 reopens the path higher toward the 1.3405 weekly reference cleared earlier
Loss of 1.34580 asian low breaks the consolidation and exposes 1.34310
US ECI, Chicago PMI and Michigan data (12:30/14:00 UTC) could inject volatility and shift this read
Cable rallied through the London-NY session from 1.3367 to a session high of 1.34765 on a broadly softer post-Fed USD, then stalled. Now drifting in thin late-Asia liquidity around 1.3468, holding above 1.34590 with RSI cooling off.
Support: 1.3459, 1.3431, 1.3414
Resistance: 1.34765
What it said to watch
M15 close above 1.34765 reopens the path toward the 1.3405+ area
Loss of 1.34590 breaks the consolidation and exposes 1.34310
Fri US ECI and Michigan data could shift USD flows and this read
London-NY session drove a clean rally from 1.3335 into the 1.34765 session high, GBP firm on the hawkish BoE 6-3 vote but capped as a steadier post-Fed USD dominated. Late Asia hours have flattened into a tight range around 1.3465 on thin volume, RSI(14) cooling from earlier highs toward mid-range.
Support: 1.3454, 1.34234
Resistance: 1.34765
What it said to watch
M15 close above 1.34765 extends the intraday rally
Failure to hold 1.34540 breaks the intraday higher-low chain
US ECI and Michigan sentiment Friday could shift the USD leg of this read
NY session drove cable up from ~1.3335 to a session high at 1.34765 on a softer post-Fed USD, with the earlier hawkish BoE dissent giving GBP an initial nudge. Asia is now consolidating 1.34585–1.34765 just below the high, RSI(14) cooling from overbought into the mid-50s.
Support: 1.34585, 1.34234, 1.3400
Resistance: 1.34765, 1.3500
What it said to watch
M15 close above 1.34765 opens continuation toward 1.3500
Loss of 1.34585 confirms a deeper pullback
US ECI/Michigan data Friday could shift USD flows and this read
GBPUSD ran a clean uptrend through the London-NY session, climbing from 1.3333 to a session high at 1.34765 as the dollar stayed soft post-FOMC. Price is now drifting sideways just below that high on thin Asia-hours volume, RSI(14) easing back toward the mid-50s.
Support: 1.34585, 1.34214, 1.33678
Resistance: 1.34765, 1.3500
What it said to watch
M15 close above 1.34765 extends the uptrend toward the 1.3500 psych level
Failure to hold 1.34585 opens a pullback to the 1.34214 swing low
US ECI and Michigan sentiment later today are the main USD catalysts for this pair
NY session drove GBPUSD from the mid-1.3330s to a 1.34765 session high on a softer USD after the Fed's hawkish hold and soft PCE. Thin Asia trade is now consolidating in a tight 1.3459-1.34765 band with RSI(14) drifting back to the mid-50s.
Support: 1.34585, 1.3443
Resistance: 1.34765
What it said to watch
M15 close above 1.34765 extends the higher-high chain
Failure to hold 1.34585 exposes the 1.3443 swing
Fri US ECI/Michigan (in ~14h) is the main USD catalyst
NY session drove GBPUSD ~140 pips higher to 1.34765 on a softer USD after the Fed hawkish-hold and the June PCE/GDP misses. Price is now consolidating just below that session high in thin Asia-hours trade, RSI cooling back toward mid-range and volume drying up.
Support: 1.34585, 1.3424
Resistance: 1.34765
What it said to watch
Break above 1.34765 session high extends the rally
Loss of 1.34585 session low opens a deeper pullback toward the prior swing at 1.34240
US ECI at 12:30 GMT could reprice USD and shift this read
Consolidating below session high after impulse leg.
NY session drove a clean impulse from 1.3335 to 1.3476 on a softer USD after in-line core PCE and a Fed hawkish hold. Price has since gone flat in thin Asia hours, holding above 1.34585 and coiling below the 1.34765 session high; RSI(14) has cooled back to the mid-50s.
Support: 1.34585, 1.3450, 1.34237
Resistance: 1.34765
What it said to watch
M15 close above 1.34765 resumes the impulse
Failure to hold 1.34585 opens a deeper pullback toward 1.3450
US ECI/Chicago PMI later could shift the USD-driven read
NY session ran GBPUSD from 1.3333 up to a 1.34765 session high on a softer USD after the Fed hold and soft PCE/GDP prints. Price is now consolidating near 1.3460 in thin late-session trade, RSI cooling back toward neutral and slipping under EMA20.
Support: 1.34585, 1.34234, 1.3400
Resistance: 1.34765, 1.34702
What it said to watch
M15 close below 1.34585 opens a deeper pullback toward 1.34234
Reclaim of 1.34765 session high opens fresh intraday upside
US ECI at 12:30 GMT could shift the USD read for the next session
Higher highs into session top, now consolidating below.
GBPUSD ran off the Asian-session lows near 1.3333 and pushed to a session high of 1.34765 through the NY morning as soft US GDP and core PCE prints pressured the dollar. Price has since gone flat, drifting to 1.34625 and dipping below EMA20 as late-NY volume thins; RSI(14) has cooled back toward mid-range.
Support: 1.34585, 1.3431
Resistance: 1.34765
What it said to watch
M15 close above 1.34765 reopens the upside path
Failure to hold 1.34585 confirms a pullback from the session high
US ECI at 12:30 GMT could shift the USD leg and this read
NY session drove GBPUSD off the 1.33327 session low up to 1.34765 on a softer USD after the Fed's hawkish hold and soft PCE/GDP prints. Price is now consolidating just under the session high with RSI(14) cooling from stretched levels, holding well above EMA20/50.
Support: 1.3450, 1.34214, 1.33327
Resistance: 1.3470, 1.34765
What it said to watch
Failure to hold 1.34500 opens a retest of the 1.34214 swing low
A close above 1.34765 extends the intraday uptrend
US ECI tomorrow could materially shift the USD-driven read
Higher highs/higher lows, pulling back from session high.
London-NY rally lifted GBPUSD off 1.3333 to a 1.34765 session high, helped by a softer USD after the Fed's hawkish hold and soft GDP/PCE. Late-NY drift back to 1.3459 has RSI(14) cooling to neutral; the higher-low chain holds as long as 1.3455 stays intact.
Support: 1.3455, 1.3423, 1.3400
Resistance: 1.34765
What it said to watch
M15 close below 1.3455 breaks the recent higher-low chain
Reclaim of 1.34765 opens continuation of the uptrend
Friday US ECI (12:30 GMT) is the next USD catalyst for this pair
NY session drove a clean rally off 1.33670, tagging a session high at 1.34765 before stalling; cable now consolidates in the upper 1.3460s with RSI cooling from the highs toward mid-range. Buyers stepped in on each dip through the London-NY leg, keeping the HH/HL chain intact into late NY.
Support: 1.3454, 1.34216, 1.3367
Resistance: 1.34765
What it said to watch
M15 close below 1.34540 breaks the intraday higher-low chain
Close above 1.34765 extends the NY rally
BoJ decision Friday and US ECI could shift the USD leg of cable
Higher highs into session top, now consolidating just below it.
NY session drove cable ~110 pips off the London lows to 1.34765 as the post-Fed USD faded on soft GDP and core PCE. Price is now consolidating just below the session high with RSI(14) cooling from the rally, holding above the rising sequence of lows.
Support: 1.3454, 1.3431, 1.34004
Resistance: 1.34765
What it said to watch
M15 close above 1.34765 session high opens the next leg toward the 1.3405 weekly context
Failure to hold 1.34540 swing low breaks the rising structure
BoJ decision and US ECI/UoM inflation expectations Friday could shift the USD leg
NY session rallied ~140 pips off the 1.3367 base after the hawkish BoE split and a softer post-Fed dollar. Cable is now stalling just below the 1.34765 session high, RSI cooling from the rally peak and price coiling in a tight 1.3465–1.3476 consolidation.
Support: 1.3454, 1.3424
Resistance: 1.34765, 1.3470
What it said to watch
M15 close below 1.34540 breaks the rising HL structure
Break of 1.34765 session high extends the NY rally
US UoM inflation expectations Fri 14:00 UTC could shift the USD leg
Consolidating just below session high after impulse.
Cable ran ~110 pips through the NY session on the hawkish BoE split and a softer post-Fed dollar, tagging 1.34765 before stalling. Price is now consolidating in the high 1.347s on thinning late-session volume, holding above the 1.3465 range low.
Support: 1.3465, 1.34234, 1.34146
Resistance: 1.34765
What it said to watch
M15 close above 1.34765 session high extends the impulse
Failure to hold 1.3465 range low opens a pullback toward the 1.34234 swing low
BoJ Friday and US ECI/UoM data could reset the USD leg of cable
Higher highs into session high, stalling below 1.3476.
Cable ran the full NY session higher, climbing from the 1.3335 low to a 1.3476 session high as a softer USD post-GDP/core-PCE miss dominated. Price is now consolidating just under that high with RSI cooling from the mid-60s, momentum flattening into the late-NY hours.
Support: 1.34573, 1.34216, 1.3367
Resistance: 1.34765, 1.3500
What it said to watch
M15 close above 1.34765 session high extends the uptrend toward 1.3500
Loss of 1.34573 swing low breaks the higher-low chain
US ECI and UoM inflation data Friday could reset the USD leg of cable
Higher highs/higher lows, stalling at session high.
NY session drove a sustained rally from 1.333 to a session high of 1.34765, cable firm on the hawkish BoE vote split and a softer post-Fed USD. Momentum has flattened in the last hour with price coiling just under the high; the rising sequence off 1.34234 remains intact.
Support: 1.3454, 1.34234, 1.34146
Resistance: 1.34765
What it said to watch
M15 close above 1.34765 extends the uptrend
Failure to hold 1.34540 breaks the higher-low chain
US ECI and BoJ decision Friday could shift the USD leg of cable
Higher highs, higher lows; stalling at session high.
NY session drove cable up through the 1.3418 breakout to a session high of 1.3476 as a softer post-Fed USD (Q2 GDP and core PCE both missed) weighed on the dollar leg. Price is now consolidating just under the high with RSI(14) cooling off from the rally, holding well above EMA20/50.
Support: 1.3454, 1.34216, 1.34146
Resistance: 1.34765, 1.3500
What it said to watch
M15 close above 1.34765 extends the uptrend toward the 1.3500 psych level
Loss of 1.34540 swing low would signal momentum stalling
US ECI and UoM inflation expectations Friday could shift the USD leg
Higher highs / higher lows, consolidating near session high.
Cable ran through the NY session after soft US Q2 GDP (1.5% vs 2.1%) and cooler core PCE knocked the dollar, breaking above 1.341 and extending to a session high at 1.34765. Price is now consolidating in small-range bars just below that high with RSI(14) cooling from overbought.
Support: 1.34573, 1.34214, 1.34146
Resistance: 1.34765
What it said to watch
Break above 1.34765 opens continuation higher
M15 close below 1.34573 breaks the higher-low chain
US ECI and UoM data Friday could shift the USD leg of cable
Cable ripped through the 1.3400 psych level into NY session as the dollar faded on the soft Q2 GDP and core PCE prints, tagging a session high at 1.3476. Price is now consolidating in the top of the range with RSI(14) cooling off from earlier highs, HH/HL structure still intact above 1.3460.
Support: 1.3460, 1.3431, 1.3400
Resistance: 1.3476
What it said to watch
M15 close below 1.3460 breaks the near-term higher-low chain
Break above 1.3476 session high extends the intraday leg
1.3400 psych now the key shelf below; loss reopens 1.3431 then lower
NY session drove cable to a session high at 1.34758, extending the post-Fed rally after price reclaimed and cleared the 1.3400 EMA wall. RSI(14) near 70 is hot but consistent with the trend; pullbacks have held higher lows around 1.34542.
Support: 1.34542, 1.34234, 1.3400
Resistance: 1.34758
What it said to watch
M15 close back below 1.34542 breaks the higher-low chain
Loss of 1.34000 ema wall reopens the 1.3300 shelf
US ECI and UoM inflation expectations (Fri) could shift USD flows driving this move
Higher highs and higher lows, breakout above 1.3400.
NY session drove cable through the 1.3400 psych/EMA wall after the soft US GDP and core PCE prints kept the dollar heavy; price now pins the session high at 1.34738 with RSI(14) near 70. Higher-low chain intact from the 1.3421 and 1.3454 pivots, no reversal signal on this timeframe.
Support: 1.3454, 1.3421, 1.3400
Resistance: 1.34738
What it said to watch
Sustained M15 close above 1.34738 extends the breakout leg
Loss of 1.34540 swing low signals momentum stalling
Break back below 1.3400 psych negates the breakout read
18:31 UTC
Uptrend, extended into session high · RSI 70 · price 1.34697
Chain of higher highs and higher lows through NY.
NY session drove cable clean through the 1.3400 EMA wall after soft US GDP/PCE weighed on the dollar, printing a session high at 1.34738. RSI(14) near 70 — hot but consistent with the trend; higher lows holding at 1.34214 and 1.34540.
Support: 1.3454, 1.34214, 1.3400
Resistance: 1.34738
What it said to watch
Loss of 1.34540 breaks the recent higher-low chain
Close back below the 1.3400 ema wall reopens the 1.3300 shelf
No UK data ahead — GBPUSD trades on USD flows into month-end
18:16 UTC
Uptrend, extended · RSI 72 · price 1.34729
Higher highs, breakout above 1.3400 cap holding.
NY session drove GBPUSD through the 1.3400 cap that stalled every rally since mid-July, fuelled by soft US GDP/PCE and the hawkish 6-3 BoE split. Price is pressing the session high at 1.3474 with RSI(14) hot near 72; the 1.34542 pullback low has held through the last hour.
Support: 1.34542, 1.34216, 1.3400
Resistance: 1.34738
What it said to watch
A close back below 1.34542 would flag momentum fading after the run
Loss of 1.3400 would negate the breakout read
ECI and UoM inflation expectations Friday could re-arm USD and shift this read
18:01 UTC
Uptrend, extended · RSI 71 · price 1.34729
Higher highs, breakout above 1.3400 cap.
NY session cleared the 1.3400 EMA cap that had capped rallies for weeks, with GBP/USD grinding to a session high of 1.3474 after the soft US Q2 GDP miss knocked the dollar. Buyers stepped in at 1.3454 on the last pullback; RSI(14) near 71, hot but consistent with the trend.
Support: 1.34542, 1.34214, 1.3400
Resistance: 1.34738
What it said to watch
Loss of 1.3454 breaks the intraday higher-low chain
Slip back below 1.3400 invalidates the breakout read
US GDP already digested; Friday's US ECI/UoM data could reset USD direction
GBPUSD cleared the 1.3400 50/200-day cap during NY hours after the soft US Q2 GDP (1.5% vs 2.1%) knocked the dollar, extending to a 1.34702 session high with RSI(14) near 68. Buyers stepped in around the 1.3454 swing low on the pullback; breakout structure intact so far.
Support: 1.3454, 1.34146, 1.3400
Resistance: 1.34702, 1.3500
What it said to watch
M15 close back below 1.3400 negates the breakout
1.3500 round number is the next resistance to watch for rejection or break
Failure to hold the 1.3454 swing low would flag a lower-high
Higher highs after 1.3400 breakout, now consolidating.
GBPUSD broke clear of the 1.3400 EMA cap during NY hours after the hawkish BoE 6-3 split and a soft US GDP print undercut the dollar, tagging a session high at 1.3470. Price is now consolidating just above 1.3458 with RSI(14) easing back from the highs; the former 1.3400 cap now sits as support.
Support: 1.3440, 1.3400, 1.3380
Resistance: 1.34702
What it said to watch
Loss of 1.3440 swing low would signal the breakout stalling
M15 close back below 1.3400 reclaims the prior cap as resistance
US Q2 GDP / data flow could shift USD and this read within hours
NY session drove a clean break above the 1.3400 cap that had stalled every rally since mid-July, extending to a 1.34702 session high before a shallow stall near 1.3459. RSI(14) cooling from the highs but structure remains a stacked HH/HL chain, no reversal signal yet.
Support: 1.3440, 1.3400, 1.3367
Resistance: 1.34702
What it said to watch
Loss of 1.3400 breakout retest would negate the range break
Failure to hold 1.34400 opens a slip back toward the 1.33670 swing low
US data / USD move could reassert the 1.3400 cap
17:16 UTC
Uptrend, momentum hot · RSI 77 · price 1.3466
Chain of HH/HL, cleared 1.3400 cap.
NY session drove a clean breakout above the 1.3400 cap that had stalled every rally since mid-July, helped by a softer USD after the Q2 GDP miss and a hawkish 6-3 BoE split. Price extended to a session high of 1.3470 with RSI(14) running hot near 77; buyers held the 1.3423 pullback en route.
Support: 1.3423, 1.3400
Resistance: 1.3470
What it said to watch
Loss of 1.3400 back inside the prior cap invalidates the breakout read
RSI(14) near 77 leaves scope for a pullback despite the trend
Fri US ECI / UoM data could shift the USD leg of this move
17:01 UTC
Uptrend, extended · RSI 71 · price 1.34661
Higher highs/lows, breakout above 1.3400.
NY session drove GBPUSD through the 1.3400 band that capped every rally since mid-July, extending to 1.34702 on soft US GDP/PCE and a hawkish 6-3 BoE split. RSI(14) near 71 — hot but consistent with the trend; price holding tight to session highs with no pullback yet.
Support: 1.3424, 1.34146, 1.3400
Resistance: 1.34702
What it said to watch
Loss of 1.34146 breakout would signal a failed break back into the prior range
Reclaim below 1.3400 invalidates the breakout read
US Q2 GDP-related USD flows into US hours could shift momentum
NY session cleared the 1.3400 cap that had stalled every rally since mid-July, accelerating to a session high of 1.34674 with RSI(14) running hot near 77. Higher-low structure intact off the 1.34216 pullback; move is extended but the breakout level is holding as support.
Support: 1.34216, 1.3400, 1.3367
What it said to watch
M15 close back below 1.34000 would negate the breakout and put the 1.33670 session low back in play
Failure to hold 1.34216 breaks the higher-low chain
US Q2 GDP-driven USD swings later today could shift this read
NY session drove a clean breakout above the 1.3400 EMA cap that had stalled every rally since mid-July, following the hawkish BoE 6-3 split; price extended to a 1.3466 session high with RSI(14) hot near 74. Buyers stepped in on the pullback to 1.3431 before the last leg higher — current bar sits just under the session high.
Support: 1.3431, 1.3400
Resistance: 1.3466
What it said to watch
Loss of 1.3431 would break the higher-low chain
A close back below 1.3400 reopens the 1.3300 shelf
Fri US ECI / UoM inflation expectations could reassert USD and cap this
Chain of higher highs / higher lows since London-NY transition.
NY session drove a clean break above the 1.3400 prior cap, GBP firm on the hawkish BoE 6-3 split while a softer post-Fed USD gave way. Rally has printed higher lows off 1.34216 up to the 1.34629 session high, RSI(14) running hot near 74 but not yet stretched.
Support: 1.34216, 1.3400, 1.3367
Resistance: 1.34629
What it said to watch
M15 close back below 1.34216 swing low would break the higher-low chain
Loss of the 1.3400 prior cap on a close reopens the 1.33670 ny swing low
Fri US ECI / UoM inflation expectations could shift USD tone and cap this rally
16:01 UTC
Uptrend, extended · RSI 74 · price 1.3462
HH/HL chain, clean breakout above 1.3400.
NY session drove a clean breakout above the 1.3400 cap that had stalled every rally, price extending to a session high of 1.3463 with RSI(14) hot near 74. The hawkish BoE 6-3 split combined with a softer post-GDP USD fuelled the leg; higher-lows off 1.3368 remain intact.
Support: 1.3400, 1.3431, 1.3375
Resistance: 1.3463
What it said to watch
A pullback holding above 1.3400 confirms the breakout as support
A close back below 1.3400 turns the move into a false break
RSI above 74 is stretched — momentum stalling would flag exhaustion
NY session drove GBPUSD cleanly through the 1.3400 EMA band that had capped rallies, printing a session high at 1.34476 as USD softened on the mixed US GDP/PCE mix. Pullback held the 1.34214 swing low and price is consolidating just under the high, RSI(14) hot but not extreme.
Support: 1.34214, 1.3400, 1.3380
Resistance: 1.34476, 1.3450
What it said to watch
M15 close below 1.34214 swing low ends the higher-high sequence
Loss of the 1.3400 EMA band reopens the 1.3380 pivot
US data (ECI/Chicago PMI/UoM) later could firm USD and cap this push
Higher highs into session peak, now consolidating.
NY session drove GBP/USD through the 1.3400 EMA cap after the hawkish-hold Fed knocked USD, spiking to a 1.34476 session high before cooling to 1.3434. Price is holding above the 1.3400 breakout base, RSI(14) easing back from a hot zone as the last bars flatten out.
Support: 1.3400, 1.3367, 1.3372
Resistance: 1.34476, 1.3450
What it said to watch
M15 close back below 1.3400 negates the breakout read
Break above 1.34476 session high extends the leg higher
US ECI / Chicago PMI + UoM data Friday could shift USD tone
NY session drove GBPUSD through the 1.3400 ceiling that capped every July rally, spiking to a session high of 1.34476 before fading to 1.34235 with RSI(14) cooling from overbought. The breakout is holding above 1.3400 for now.
Support: 1.3400, 1.3370
Resistance: 1.34476
What it said to watch
A close back below 1.3400 would flag a false break of the July ceiling
Reclaim of 1.34476 reopens the session-high extension
NY session drove a sharp break through the 1.3400 psych level, tagging a session high at 1.34476 before easing to 1.34235; the leg followed the BoE hawkish-hold 6-3 vote and a softer post-GDP USD. RSI(14) cooling from the extension but structure holds higher lows.
Support: 1.3400, 1.3367, 1.3354
Resistance: 1.34476
What it said to watch
M15 close back below 1.3400 would negate the breakout read
US Q2 GDP / USD strength today could cap the rally near session high
NY session cleared the 1.3400 ceiling that had capped rallies, spiking to a session high 1.34476 before easing to 1.34322 with RSI(14) hot near 75. Breakout intact while price holds above the 1.34146 flip and 1.3400 psych level.
Support: 1.34146, 1.3400, 1.3367
Resistance: 1.34476, 1.3450
What it said to watch
Hold above 1.3400 keeps the breakout read intact
Loss of 1.34146 opens a retest of the 1.33670 swing low
Bailey presser / USD-oil headlines could shift this read
Cable ripped through the 1.3400 ceiling that had capped rallies since mid-July, tagging 1.34476 into the NY session as the dollar softened on Fed-credibility doubts. RSI(14) is hot near 79 after the vertical push, with price now consolidating just under the session high.
Support: 1.3400, 1.3372, 1.3367
Resistance: 1.34476, 1.3450
What it said to watch
M15 close back below 1.3400 would turn the broken ceiling into failed breakout
Loss of 1.3372 swing low negates the impulse leg
Bailey presser and USD/oil headlines can shift this read quickly
14:16 UTC
Uptrend, fresh breakout · RSI 75 · price 1.34278
Higher highs, broke above 1.3400 cap.
NY session drove Cable through the 1.3400 ceiling that capped every rally since mid-July, printing a session high at 1.34287 as the post-FOMC USD bid faded. RSI(14) running hot near 74 after the vertical push off 1.3367.
Support: 1.3400, 1.3372, 1.3353
Resistance: 1.34287, 1.3450
What it said to watch
Pullback holding 1.34000 confirms a breakout retest
Loss of 1.34000 puts price back inside the 1.3300-1.3400 range
Bailey presser / USD-oil headlines could shift this read quickly
14:01 UTC
Uptrend, fresh breakout · RSI 71 · price 1.3416
Higher highs, breaking above 1.3400 cap.
NY session forced a break above the 1.3400 EMA band that had capped every rally, last bar spiking to 1.3418 with RSI(14) near 71. GBP found a bid despite the mixed BoE 6-3 hold as a soft US GDP print pressured the dollar; price now sits just under the session high.
Support: 1.3400, 1.3372
Resistance: 1.3418, 1.3406
What it said to watch
Sustained hold above 1.3400 keeps the breakout intact
M15 close back below 1.3400 signals a false break into prior range
Bailey commentary / month-end US flows could shift this read quickly
Pullback off session high, holding above rising lows.
NY session pushed GBPUSD to a session high of 1.3406 on the BoE hawkish-hold vote before faders capped it at the 1.3400 EMA band, pulling price back to 1.3371 — roughly the 50% retrace of the 1.3335-1.3406 leg. Rising lows still intact; RSI(14) has cooled back to neutral.
Support: 1.3367, 1.3335, 1.3300
Resistance: 1.34066, 1.3395, 1.3400
What it said to watch
M15 close below 1.3367 breaks the session low and exposes 1.3335
Reclaim above the 1.3400 EMA band needed to retest the 1.3406 session high
Bailey commentary / US month-end data could shift this read within the next bars
13:31 UTC
Uptrend, momentum slowing · RSI 49 · price 1.3371
Pullback from session high, lower highs forming.
NY session tagged 1.34066 then rejected at the 1.3400 EMA band, with GBPUSD sliding back to test the 1.3367 shelf; the BoE 6-3 hawkish hold gave only a fleeting pop before USD strength recapped the move. RSI(14) has cooled to the mid-40s as lower highs stack under 1.3400.
Support: 1.3367, 1.3350, 1.3335
Resistance: 1.3400, 1.34066
What it said to watch
M15 close above 1.3400 EMA band reopens the 1.34066 session high
Failure to hold 1.3367 exposes the 1.3350 swing low and 1.3300 shelf
Bailey presser underway could shift the intraday read
NY session pushed GBPUSD to 1.3407 before rejection at the converged 1.3400 EMA band that has capped rallies since the BoE hold. Price has since faded to 1.3370, roughly the 50% retrace of the intraday leg up, holding above the rising higher-low structure.
Support: 1.3367, 1.3354, 1.33346
Resistance: 1.3400, 1.34066
What it said to watch
M15 close above the 1.3400 ema cap needed to shift the read toward the 1.3406 session high
Failure to hold the 1.3367 session low exposes the 1.3354 swing low
Bailey commentary / US data (ECI Fri) could materially shift this read
13:17 UTC
Intraday uptrend, pulling back · RSI 49 · price 1.33701
Higher highs into 1.3406, now retracing.
GBPUSD rallied through the NY session to a session high of 1.3406 but stalled at the 1.3400 EMA cap flagged post-BoE, then reversed to 1.3370. Price now sits on the 50% fib of the 1.3335-1.3406 leg with RSI(14) cooling to neutral.
Support: 1.3367, 1.3354, 1.33346
Resistance: 1.34066, 1.3400
What it said to watch
M15 close back above 1.3400 needed to re-open 1.3406 session high
Loss of 1.3367 swing low exposes the 1.3354 prior shelf
Bailey commentary / US data still live for USD leg
Lower highs after rejection, pulling back into range.
NY session pushed GBPUSD to 1.3407 post-BoE hold before running into the 1.3400 EMA cap flagged all week; price rejected there and slid to 1.3370. RSI(14) has cooled to the mid-40s as a lower-high sequence builds under the band.
Support: 1.3367, 1.3350, 1.3334
Resistance: 1.3407, 1.3395
What it said to watch
M15 close above 1.3407 clears the 1.3400 cap and reopens the highs
Failure to hold 1.3367 swing low exposes the 1.3350 shelf
Bailey commentary / US data flow could shift this read intraday
13:01 UTC
Uptrend, stalling at 1.3400 · RSI 50 · price 1.33699
Higher highs into 1.3400 cap, pullback in progress.
NY session pushed Cable to 1.34066 then rejected at the converged 1.3400 EMA cap flagged post-BoE, retreating to 1.3370. The 1.3353 shelf held through the London-NY transition; momentum has cooled with RSI back near 50.
Support: 1.3353, 1.33346
Resistance: 1.3400, 1.34066
What it said to watch
M15 close above 1.34066 clears the 1.3400 ema cap and reopens the weekly top
Failure to hold the 1.3353 shelf confirms a deeper pullback
US Q2 GDP / Bailey headlines could shift this read within the next bars
12:46 UTC
Uptrend, testing 1.3400 cap · RSI 58 · price 1.33895
Higher lows into session high, capped sub-1.3400.
GBPUSD rallied through the NY session to a session high of 1.34066 after the hawkish BoE 6-3 vote split, then rejected the 1.3400 converged-EMA cap and pulled back to hold 1.33728. Price is grinding back toward the 1.3400 area with RSI(14) mid-range; the shelf at 1.3354 and swing low at 1.33728 have held on dips.
Support: 1.33728, 1.3354, 1.33346
Resistance: 1.3400, 1.34066
What it said to watch
M15 close above 1.34066 clears the 1.3400 cap and opens the weekly top
Loss of 1.33728 swing low would confirm a lower low
US Q2 GDP and Bailey presser could materially shift this read
NY session extended the London rally into the 1.3400 psych cap, tagging 1.34066 before fading to mid-1.3380s as RSI(14) cooled from overbought. Cable was propped by the hawkish BoE 6-3 vote and Bailey presser, but the round-number cap has rejected the push twice.
Support: 1.33728, 1.3353
Resistance: 1.34066, 1.3400
What it said to watch
M15 close above 1.34066 opens the path higher through the 1.3400 cap
Failure to hold 1.33728 confirms a lower low
US Q2 GDP / Core PCE (12:30 GMT) could materially shift this read
Cable pushed a fresh session high at 1.34066, briefly clearing the 1.3400 cap that has held rallies since mid-July after the hawkish 6-3 BoE hold, then eased back to 1.33887 with RSI(14) cooling from the mid-60s. Structure stays higher-highs; the 1.3400 area is now the pivot the pullback is testing from below.
Support: 1.33728, 1.3350, 1.33346
Resistance: 1.34066, 1.3400
What it said to watch
Bailey press conference (12:00 GMT) and US Q2 GDP (12:30 GMT) can materially shift this read within the next bars
M15 close back above 1.34000 re-opens the 1.34066 session high
Loss of 1.33728 marks a lower-low and breaks the intraday rising sequence
12:16 UTC
Uptrend, pushing into 1.3400 · RSI 61 · price 1.33901
Higher highs/higher lows, broke prior 1.3400 cap.
NY session drove Cable through the 1.3400 psych level to a 1.34066 session high on the hawkish BoE hold and Bailey, then it pulled back to retest 1.33728 before recovering to 1.339. RSI(14) cooled off the highs but structure holds higher lows into the level.
Support: 1.33728, 1.33544, 1.3330
Resistance: 1.34066, 1.3400
What it said to watch
US Q2 GDP / Core PCE at 12:30 GMT could materially shift this read
M15 close back below 1.33728 breaks the higher-low chain
Sustained close above 1.34066 opens continuation past the 1.3400 cap
12:01 UTC
Uptrend, testing cap · RSI 63 · price 1.33901
Higher highs and higher lows into 1.3400.
NY session drove cable off the 1.33346 swing low up to a session high at 1.34066, running into the 50/200-EMA band that has capped rallies just under 1.3400. Price now sits at 1.33901 as Bailey speaks; the shelf at 1.33750 held on the last pullback.
Support: 1.3375, 1.33346, 1.3300
Resistance: 1.3400, 1.34066
What it said to watch
M15 close above 1.34000 clears the ema cap and opens the 1.3400+ path
Failure to hold 1.33750 shelf reopens the 1.33346 swing low
US Q2 GDP at 12:30 GMT and Bailey remarks could materially shift this read
NY session drove Cable through the 1.3400 psych cap to a session high at 1.34066, then rejected sharply back to 1.33735 — a false break of the level that has capped rallies. RSI(14) cooling from the push as price sits back on rising support near the session low.
Support: 1.33728, 1.33532, 1.3345
Resistance: 1.34066, 1.3400
What it said to watch
Bailey speech now and US GDP/Core PCE at 12:30 GMT could materially shift this read
Reclaim above 1.34066 reopens the upside; failure to hold 1.33728 confirms a deeper pullback
NY-into-London-afternoon leg pushed Cable to 1.34066, a brief poke above the 1.3400 EMA cap that was rejected straight back below. Price has since eased to 1.33758 with RSI(14) cooling from overbought; the 1.33734 swing low is the first support in play.
Support: 1.33734, 1.3354, 1.33346
Resistance: 1.34066, 1.3400
What it said to watch
US Q2 GDP / Core PCE at 12:30 UTC could materially shift this read
Sustained M15 close above 1.34066 clears the 1.3400 cap
Loss of 1.33734 exposes the 1.3354 shelf
11:31 UTC
Uptrend, testing cap · RSI 66 · price 1.33832
Higher highs into 1.3400 resistance.
London session drove a steady rally off the 1.3346 swing low, printing higher highs and tagging 1.34066 before easing to 1.33832 as the 1.3400 EMA cap held. RSI(14) mid-60s, hot but not extreme; move stalling just under psychological resistance ahead of Bailey.
Support: 1.3354, 1.33346
Resistance: 1.3400, 1.34066
What it said to watch
M15 close above 1.3400 opens the path to 1.34066 session high and beyond
Failure to hold 1.3354 shelf risks a slip back toward 1.3346
Bailey speech (11:30 UTC) and US GDP/Core PCE (12:30 UTC) could materially shift this read
11:16 UTC
Uptrend, testing 1.3400 cap · RSI 63 · price 1.33832
Higher highs, higher lows; rejection at session high.
Cable pushed a fresh session high at 1.34066 on the BoE reaction before stalling at the 1.3400 EMA cap flagged in the macro read; RSI(14) mid-60s, not yet stretched. Rising-low structure intact from the 1.33346 base, with buyers stepping in on the pullback near 1.33760.
Support: 1.3376, 1.33532, 1.33346
Resistance: 1.34066, 1.3400
What it said to watch
US Q2 GDP + Core PCE cluster at 12:30 UTC could materially shift this read
M15 close above 1.34066 opens the path toward the 1.3550 range top
Failure to hold 1.33760 puts the rising-low structure at risk
Cable pushed through the 1.3400 psych cap into a session high at 1.34066 before rejecting back to 1.3383, RSI(14) cooling from the mid-60s. Price is holding above the 1.3376 breakout base into the BoE decision, with the 1.3354 prior shelf as the deeper support.
Support: 1.3376, 1.3354, 1.33346
Resistance: 1.34066, 1.3400
What it said to watch
BoE decision (11:00 GMT) and Bailey presser (11:30 GMT) can materially shift this read
US GDP/Core PCE at 12:30 GMT feeds the USD leg of this pair
Loss of the 1.3354 prior shelf negates the 1.3400 breakout
Cable pushed through the 1.3400 EMA cap into the London session, printing a session high at 1.34066 with RSI(14) hot near 71. The 1.33540 shelf and 1.33340 swing low mark the consolidation base below.
Support: 1.3354, 1.3334, 1.3300
Resistance: 1.34066, 1.3400
What it said to watch
BoE decision at 11:00 GMT could materially shift this read
London session pushed Cable through the 1.3400 EMA cap flagged pre-BoE, printing a session high at 1.34019 with RSI(14) around 74. Rally is stretched and the move is running straight into the 11:00 GMT BoE decision, so this breakout is unconfirmed.
Support: 1.3400, 1.3384, 1.33544
Resistance: 1.34019
What it said to watch
BoE rate decision at 11:00 GMT (~15min out) will dictate this read
Close back below 1.3400 negates the breakout and puts price back under the cap
US Q2 GDP / Core PCE at 12:30 GMT adds a second USD-leg catalyst
10:31 UTC
Uptrend, extended into resistance · RSI 67 · price 1.33835
Higher highs, pressing session high.
GBPUSD ground higher through the London session, printing a session high at 1.33957 just short of the 1.3400 psychological cap, RSI(14) hot near 67. Price holds well above EMA20/50 with a clean chain of higher lows off 1.33346.
Support: 1.3354, 1.33346, 1.3330
Resistance: 1.33957, 1.3400
What it said to watch
BoE rate decision at 11:00 GMT (~30m out) plus Bailey presser is the dominant near-term catalyst
US Q2 GDP / Core PCE at 12:30 GMT could shift the USD leg
Close above 1.34000 opens the path higher; loss of 1.33540 breaks the rising-low chain
10:16 UTC
Uptrend, grinding into resistance · RSI 71 · price 1.33885
Chain of higher highs/higher lows off 1.3335.
London session grinding higher in a clean HH/HL chain off the 1.3335 low, price now pressing the session high at 1.33886 with RSI(14) near 71. The 1.3400 EMA convergence band is the immediate cap ahead of the BoE decision.
Support: 1.3375, 1.3354, 1.3335
Resistance: 1.3400, 1.33886
What it said to watch
BoE rate decision & vote split at 11:00 GMT (~45m out) could materially shift this read
Close above 1.3400 opens the 1.3550 range top
Loss of 1.3375 breaks the rising higher-low sequence
Cable ground higher through London in a stair-step channel, printing 1.33840 and closing at 1.33796, back near the 1.33871 session high. RSI(14) around 67 is hot but not extreme; the entire session sits ahead of the BoE decision and US GDP/core-PCE.
Support: 1.3354, 1.33346
Resistance: 1.33871, 1.3400
What it said to watch
BoE at 11:00 GMT and US GDP/core-PCE at 12:30 GMT can materially shift this read
Close above 1.33871 opens the path to the 1.3400 ema cap
Loss of 1.33540 breaks the rising higher-low structure
Higher highs and higher lows, testing prior swing high.
Cable ground higher through the London session, printing fresh session highs at 1.33801 with a clean higher-low chain off 1.33540. RSI(14) near 67 is hot but not extreme; the 1.33871 prior high and 1.3400 EMA cap are the immediate ceilings, with BoE just ahead.
Support: 1.3354, 1.3335
Resistance: 1.33801, 1.33871, 1.3400
What it said to watch
BoE decision at 11:00 GMT (~1h) plus Bailey at 11:30 can override this intraday read entirely
Break above 1.33871 opens the path to the 1.3400 EMA cap
Close below 1.33540 breaks the higher-low chain
09:46 UTC
Uptrend, momentum firm · RSI 69 · price 1.33776
Higher highs and higher lows into session highs.
Cable ground higher through London, pushing a chain of higher lows off 1.33346 up to a fresh session-adjacent high at 1.33801, RSI(14) hot but not extreme near 68. Price stalled just under the 1.33871 spike high with buyers stepping in on each dip toward 1.33540.
Support: 1.3354, 1.3344, 1.33346
Resistance: 1.33801, 1.33871
What it said to watch
BoE decision and MPR at 11:00 GMT (~75min) plus Bailey at 11:30 could materially shift this read
Failure to hold 1.33540 breaks the higher-low chain
Close above 1.33871 opens continuation toward the 1.3400 band
09:46 UTC
Uptrend, higher lows off London low · RSI 64 · price 1.3373
HH/HL sequence, price near session high.
Cable ground higher through the London session, printing higher lows off the 1.3335 shelf back toward the 1.3387 session high, now trading 1.3373. RSI(14) mid-60s with no extreme; the whole intraday read is subordinate to the BoE decision at 11:00 GMT, roughly an hour out.
Support: 1.3350, 1.33327
Resistance: 1.33871
What it said to watch
BoE rate decision at 11:00 GMT (~1h) could materially shift this read
Break above 1.3387 session high opens continuation
Loss of the 1.3350 shelf negates the higher-low sequence
09:31 UTC
Uptrend, grinding into session high · RSI 68 · price 1.3373
Higher highs off the 1.3335 low, testing recent high.
London session grinding higher off the 1.3335 low, price pressing the recent high near 1.3376 with RSI(14) hot at ~68. A clean chain of higher lows is intact; the 1.3387 session high and the converged EMA cap near 1.3400 are the levels above.
Support: 1.3335, 1.3300
Resistance: 1.3376, 1.3387, 1.3400
What it said to watch
BoE decision at 11:00 GMT (~1.5h out) can materially shift this read
M15 close above 1.3387 opens the path to the 1.3400 cap
Loss of the 1.3335 swing low breaks the higher-low chain
09:31 UTC
Uptrend, grinding higher · RSI 65 · price 1.3372
Higher lows after breakout, testing session high.
Cable pushed back toward the 1.3387 session high after basing at 1.3333, higher lows intact and RSI(14) near 64. Price sits right on the 1.3372 intraday high with EMA20/50 stacked below. BoE decision at 11:00 GMT (~1.5h out) is the binary risk that overrides this micro-structure.
Support: 1.3344, 1.3333
Resistance: 1.33721, 1.33871
What it said to watch
M15 close above 1.3387 opens continuation higher
Loss of 1.3333 breaks the higher-low chain
BoE decision and MPR at 11:00 GMT could materially shift this read
09:16 UTC
Recovery, consolidating after breakout · RSI 58 · price 1.33568
Higher lows holding above 1.3335 post-spike.
London session ripped through 1.3300 into 1.33871 on the pre-BoE bid, then settled into a 1.3335–1.3362 consolidation with RSI(14) cooling to the mid-50s. Price is grinding back toward the 1.33620 session high after a retest of 1.3335 held.
Support: 1.3345, 1.33346, 1.3330
Resistance: 1.3362, 1.33871
What it said to watch
BoE decision + MPR at 11:00 GMT (~1h45m out) will override this structure
Loss of 1.33346 breaks the higher-low chain toward the 1.3300 shelf
M15 close above 1.33620 reopens the 1.33871 spike high
09:01 UTC
Uptrend, consolidating after breakout · RSI 57 · price 1.33568
Higher-low base above prior breakout level.
Cable spiked off the 1.3280 base through 1.3387 during the London session, then settled into a 1.3335–1.3375 range. Price is grinding back toward the 1.33619 session high with RSI(14) mid-range near 57, holding above EMA20/50.
Support: 1.3350, 1.33346, 1.3330
Resistance: 1.33619, 1.33753, 1.33871
What it said to watch
BoE decision at 11:00 GMT (~2h out) can materially shift this read
Loss of the 1.33346 swing low confirms a lower-low
Close above 1.33619 opens the path to the 1.33871 spike high
Cable spiked off 1.3294 to a day high at 1.3387 then faded, and is now consolidating in a 1.3333–1.3362 band with RSI(14) mid-range near 60. Price holds above the EMA20/50 stack, grinding higher lows back toward the 1.3362 session-high cap ahead of the BoE.
Support: 1.3344, 1.33327, 1.3330
Resistance: 1.3362, 1.33871
What it said to watch
BoE decision at 11:00 GMT (~2h out) can materially shift this read
M15 close above 1.3362 reopens the path to the 1.3387 day high
Cable rallied off 1.3278 to the 1.3387 session high, then eased into a 1.3335–1.3375 range; the last hour has ground back up toward 1.3360 with RSI near 61. Demand stepped in around the 1.3335 range floor and held it.
Support: 1.3344, 1.33346
Resistance: 1.3371, 1.33871
What it said to watch
BoE decision at 11:00 GMT (~2h) and Bailey at 11:30 could materially shift this read
US Q2 GDP / Core PCE cluster at 12:30 GMT (~4h) is a second-leg risk
M15 close above 1.33710 opens the path back to the 1.33871 session high
Loss of 1.33346 confirms a lower low and breaks the range floor
08:46 UTC
Uptrend, consolidating after spike · RSI 61 · price 1.33578
Range 1.3335–1.3370 above post-spike base.
Cable rallied sharply off the 1.3300 base into 1.33871 during the London-NY handover, then settled into a tight 1.3335–1.3370 range. Price is pressing back toward the 1.33705 session high with RSI(14) near 61; ATR compressed to ~10 pips ahead of the BoE decision.
Support: 1.33346, 1.33327, 1.32935
Resistance: 1.33705, 1.33871
What it said to watch
BoE decision at 11:00 GMT (~2h) and Bailey at 11:30 could materially shift this read
M15 close above 1.33705 opens the path to the 1.33871 spike high
Loss of 1.33327 range low confirms a lower low
US Q2 GDP / Core PCE at 12:30 GMT adds a second volatility trigger
08:32 UTC
Recovering within range · RSI 60 · price 1.33578
Ranging under the session high after early rally.
Cable spiked to 1.33871 on the earlier rally then settled into a 1.3335–1.3370 range through the session; last bars pushed back up to 1.33578 with RSI(14) neutral near 60. Price sits back above EMA20/50 heading into the BoE decision.
Support: 1.3344, 1.33346
Resistance: 1.33705, 1.33871
What it said to watch
BoE rate decision and MPR at 11:00 GMT (~2.5h) could materially shift this read
M15 close above 1.33705 range top opens the path to the 1.33871 session high
Failure to hold 1.33346 session low confirms a lower low
08:31 UTC
Range after post-Fed rally · RSI 54 · price 1.33508
Consolidation below spike high.
A sharp post-Fed rally mid-window lifted Cable from ~1.3278 to the 1.33871 spike high, after which price has consolidated between the 1.33330 session low and the 1.33560 range top. The current bar is edging back toward range top at 1.33508, RSI(14) neutral near 54.
Support: 1.3333, 1.3344
Resistance: 1.3356, 1.3370, 1.33871
What it said to watch
BoE decision at 11:00 GMT (~2.5h) plus Bailey 11:30 GMT could break the 1.33330–1.33560 range
US Q2 GDP / Core PCE at 12:30 GMT is a second catalyst
M15 close above 1.33560 reopens the path toward the 1.33700 prior high
GBP/USD spiked post-FOMC to 1.3387 then rotated back into the mid-1.3300s, now ranging roughly 1.3333–1.3357 with RSI(14) neutral near 55. Price recovered off the 1.33327 session low into the current bar; range floor and swing high still framing the tape.
Support: 1.33327, 1.3344
Resistance: 1.33566, 1.3370
What it said to watch
BoE decision at 11:00 GMT (~3h) can break this range
Close above 1.3357 swing high opens the 1.3370 prior high
Loss of 1.33327 session low confirms a lower low
US Core PCE at 12:30 UTC is the following USD-side risk
08:16 UTC
Post-spike drift lower · RSI 45 · price 1.33393
Consolidation under session high, lower highs.
Cable spiked to 1.3387 on the FOMC hold yesterday, then consolidated in the low 1.3360s through Asia before drifting to mid-1.3330s into the London morning. Now ranging 1.3335-1.3355 with a chain of lower highs; RSI(14) mid-range near 44.
Support: 1.33346, 1.3330
Resistance: 1.3355, 1.3370
What it said to watch
BoE decision + MPR at 11:00 GMT (~3h) will override this structural read
M15 close below 1.33346 confirms a lower low toward 1.3330
Reclaim of 1.33550 session high needed to reopen the 1.3370 shelf
Cable spiked from 1.3295 to 1.3387 on post-FOMC dollar softness, then rejected and has ground back into the mid-1.3330s. Now coiling in a tight 1.3334–1.3350 range with RSI(14) neutral near 46; session low at 1.3334 holding.
Support: 1.3334, 1.3325
Resistance: 1.3350, 1.3375, 1.3387
What it said to watch
BoE decision + MPR at 11:00 GMT is the primary mover for this read
US Core PCE at 12:30 UTC could reset the USD leg
Loss of 1.3334 opens the path toward 1.3325
Close back above 1.3350 puts 1.3375 swing high in focus
08:01 UTC
Consolidating post-FOMC pop · RSI 47 · price 1.33393
Range after breakout, mid-retracement.
Cable broke the 1.3300 shelf on the FOMC hold late NY and ran to a two-day high at 1.33871, then drifted back to sit around the 50% retrace of that leg near 1.3340. Now ranging 1.33327–1.33871 into the London morning with RSI(14) neutral; the converged EMA band just under 1.34000 continues to cap.
Support: 1.33327, 1.3300
Resistance: 1.33871, 1.3400
What it said to watch
BoE full event 11:00 GMT plus Bailey 11:30 could break this range
Cable spiked ~90 pips through the London session to a 1.33871 session high, stalling under the converged 1.3400 EMA cap before drifting back to 1.3340. Price now consolidating between 1.3333 and 1.3357, printing lower highs off the peak with RSI(14) mid-range.
Support: 1.33327, 1.33346
Resistance: 1.33566, 1.33753, 1.33871
What it said to watch
BoE rate decision, MPR and vote split at 11:00 GMT is the dominant near-term driver and can override this structure
Loss of 1.3333 session low confirms a lower-low
Reclaim of 1.3357 reopens the 1.3375/1.3387 highs
07:31 UTC
Up leg fading, pullback in play · RSI 44 · price 1.3338
Consolidating below session high after post-FOMC rally.
Cable spiked to a 1.3387 session high on the post-FOMC dollar washout, then faded and is now consolidating around 1.3335 below the 1.3350 EMA band. Lower highs since the peak with RSI(14) mid-40s; 1.3335 shelf holding into the London morning.
Support: 1.3335, 1.3325, 1.3278
Resistance: 1.3350, 1.3376, 1.3387
What it said to watch
BoE decision + MPR at 11:00 GMT is the dominant near-term catalyst and could reset this read
M15 close below 1.3325 confirms a lower low
Reclaim of 1.3350 ema band reopens 1.3376 recent high
07:31 UTC
Uptrend, momentum fading into range · RSI 44 · price 1.33384
Post-FOMC leg then consolidation under 1.3400.
A dovish-read FOMC spike drove Cable to 1.3387 during NY hours, after which price has consolidated under the converged 1.3400 EMA cap. It has since drifted back to the session low near 1.3335 with RSI(14) mid-range and lower highs capping bounces.
Support: 1.3335, 1.3300
Resistance: 1.3357, 1.3387, 1.3400
What it said to watch
BoE decision/MPR at 11:00 GMT and US Core PCE at 12:30 UTC are the dominant near-term drivers and could reset this range
M15 close above 1.3357 lower-highs line reopens 1.3387 and the 1.3400 ema cap
Loss of 1.3335 session low exposes the 1.3300 shelf
07:16 UTC
Up-leg fading, now ranging · RSI 49 · price 1.3347
Range after impulsive rally, lower highs building.
Cable ripped through 1.3340 on the FOMC-driven USD washout, tagged a session high at 1.3387 then rejected and settled into a 1.3335–1.3370 range. RSI(14) has cooled back to neutral as the impulse stalls and lower highs form.
Support: 1.3335, 1.3300
Resistance: 1.3370, 1.3387
What it said to watch
M15 close above 1.3370 reopens the 1.3387 session high
loss of 1.3335 range low exposes the 1.3300 shelf
BoE decision at 11:00 GMT (~4h out) is the dominant catalyst and can invalidate this range read
Range under session high, lower highs since 1.3387.
Cable spiked off ~1.3300 into 1.3387 on post-FOMC USD softness, then rolled into a consolidation of lower highs beneath the 1.3400 EMA cap. Buyers stepped in at 1.3335 on the London-morning dip and price has recovered to 1.3346, RSI hovering mid-range with no momentum extreme.
Support: 1.33346, 1.3300
Resistance: 1.33566, 1.33753, 1.33871
What it said to watch
BoE rate decision at 11:00 GMT (~4h) is the dominant near-term catalyst and can break this range either way
M15 close above 1.3387 session high reopens the path toward the 1.3400 EMA cap
Loss of 1.3335 session low exposes the 1.3300 shelf
A Fed-driven spike carried Cable off 1.3295 to a session high at 1.33871 during NY hours, and price has since faded to consolidate 1.3333–1.3370 under the sub-1.3400 EMA cap flagged into today's BoE. RSI(14) sits mid-range near 52 with the 1.3350 pivot holding as near-term support.
Support: 1.3350, 1.33327, 1.3325
Resistance: 1.3370, 1.33871, 1.3400
What it said to watch
BoE decision ~11:00 GMT (~4h) is the dominant risk — hawkish surprise needed to challenge the 1.3400 ema cap
Close above 1.33871 session high reopens the 1.3400 area
Failure to hold the 1.33327 swing low exposes the 1.3350 pivot and 1.3325 below
07:01 UTC
Up off Fed spike, momentum fading · RSI 48 · price 1.33456
Consolidation under session high.
Cable spiked to a session high of 1.3387 during the prior NY session on the softer USD after the Fed's 9-3 hold, then retraced and is now oscillating 1.3335–1.3356 in the London session. RSI(14) has cooled back near 47 as price coils just under the descending series of lower highs into the BoE decision.
Support: 1.33346, 1.33127
Resistance: 1.33753, 1.33871
What it said to watch
BoE rate decision & MPR at 11:00 GMT (~4h) is the dominant near-term risk to this range read
M15 close above 1.3356 reopens the path toward the 1.3387 session high
Loss of 1.3335 exposes the 1.3313 post-fed low
06:47 UTC
Post-spike rally, pulling back · RSI 43 · price 1.33383
Consolidation below 1.3356 after Fed pop, lower highs forming.
Yesterday's Fed pop drove Cable to 1.3387; the Asian session consolidated those gains and price is now slipping under the 1.3356 recent high, testing the 50% retrace near 1.3333. RSI(14) mid-range at ~43, no extreme, structure printing lower highs into the London open.
Support: 1.33327, 1.33328, 1.3300
Resistance: 1.3356, 1.33871
What it said to watch
BoE decision + MPR at 11:00 GMT (~4h) is the dominant risk for this read
US Core PCE / GDP at 12:30 UTC (~6h) could shift the dollar leg
Close below 1.3333 confirms a deeper pullback toward 1.3300
Reclaim of 1.3356 reopens the 1.3387 swing high
06:46 UTC
Post-spike pullback, momentum down · RSI 42 · price 1.33381
Consolidation broke lower into London.
Cable spiked to 1.3387 on yesterday's Fed-driven USD sell-off, then chopped under 1.3370 through Asia. London opened by breaking the 1.3355 consolidation floor down to a session low at 1.3333, RSI(14) cooling into the low 40s.
Support: 1.33327, 1.3300
Resistance: 1.3355, 1.3370, 1.33871
What it said to watch
BoE rate decision + MPR at 11:00 GMT (~4h) is the primary driver for this read
Reclaim of 1.3355 restores the prior consolidation range
Failure to hold 1.3333 opens the path toward 1.3300
06:31 UTC
Post-Fed rally rolling over · RSI 42 · price 1.33361
Consolidation breaking to session lows.
Cable spiked to 1.3387 on the post-Fed USD selloff, then consolidated 1.3346-1.3375 through the Asia session. Price has since rolled over, printing a lower high at 1.3357 and slipping to the 1.3335 session low, roughly the 50% retrace of the Fed leg; RSI(14) cooling near 42.
Support: 1.3335, 1.3300
Resistance: 1.3357, 1.3375
What it said to watch
M15 close below 1.3335 confirms a lower-low and opens the 1.3300 psych level
Reclaim of 1.3357 negates the lower-high and re-exposes 1.3375
BoE decision + MPR at 11:00 GMT (~4.5h) can materially shift this read
US Core PCE/GDP at 12:30 UTC — USD-side catalyst
06:16 UTC
Uptrend, momentum fading · RSI 45 · price 1.33378
Consolidating below session high after post-Fed spike.
Cable spiked to a two-day high near 1.3387 on the post-Fed USD unwind, then settled into a 1.3344–1.3375 range. The last bar broke the range base and probed the swing low at 1.3334; RSI(14) has cooled to the mid-40s.
Support: 1.3334, 1.3344, 1.3300
Resistance: 1.3356, 1.3387, 1.3400
What it said to watch
BoE decision + MPR at 11:00 GMT can override this read
Loss of 1.3334 confirms a lower low out of the range base
1.3400 converged EMA cap remains the level to watch for rejection or break
05:46 UTC
Up leg stalling into range · RSI 53 · price 1.33537
Consolidating below session high.
Cable squeezed from 1.3278 up to a 1.3387 session high in the prior NY session, then handed back the top and has ground sideways between 1.3343 and 1.3370 through Asia. RSI(14) has cooled to the low-50s and current bars are thin, price sitting mid-range at 1.3354.
Support: 1.3343, 1.3330
Resistance: 1.3370, 1.3387
What it said to watch
BoE rate decision + vote split at 11:00 GMT (~5.5h) is the dominant catalyst
M15 close above 1.3370 reopens the 1.3387 session high
Loss of the 1.3343 range floor exposes the 1.3330 fib 50%
Cable ripped ~450 pips off the 1.3295 base into 1.3387 during the NY session, then went sideways through Asia in a 1.3343–1.3370 band. Price holds near the 38.2% fib at 1.3351 with RSI(14) neutral around 53 — gains being digested, no fresh directional push into London.
Support: 1.3343, 1.3351, 1.3305
Resistance: 1.3370, 1.3387
What it said to watch
Loss of 1.3343 range low opens the 1.3305 breakout base for a retest
Close above 1.3370 range top reopens 1.3387 session high
BoE rate decision and vote split at 11:00 GMT (~5h) is the dominant near-term catalyst
Consolidation under session high after impulsive rally.
Cable ripped from ~1.3300 to a 1.33871 session high on the NY-session spike, then settled into a tight 1.3343–1.3370 range with RSI(14) back to neutral near 52. Price is holding above EMA20/50 but momentum has stalled, drift now around 1.3355 as traders sit out ahead of US PCE and the BoE.
Support: 1.33415, 1.33293
Resistance: 1.3370, 1.33871
What it said to watch
M15 close above 1.3370 opens the path back to the 1.33871 session high
Failure to hold 1.33415 exposes the 61.8 fib at 1.33293
US PCE/GDP cluster ~7h and BoE decision ~5.5h could materially shift this read
Cable spiked ~90 pips to 1.3387 during the prior session then bled back, and is now pinned in a tight 1.3341–1.3355 range with RSI(14) near 43. Price sits just under EMA20 with lower highs capping since the spike; ATR has compressed to a few pips as traders sit out ahead of the BoE.
Support: 1.33415, 1.3327
Resistance: 1.3355, 1.33753, 1.33871
What it said to watch
Close above 1.3355 reopens the 1.3375/1.3387 spike zone
Break below 1.3341 confirms a lower low toward 1.3327
BoE decision + MPR 11:00 GMT and US PCE/GDP 12:30 GMT could break this range
Cable ripped off 1.3278 to a 1.3387 spike high during NY hours, then settled into a tight 1.3344-1.3370 band. RSI(14) has cooled back to mid-range near 47 and price is grinding along the range floor, holding above EMA50.
Support: 1.3344, 1.3325
Resistance: 1.3370, 1.3387
What it said to watch
M15 close below 1.3344 range floor opens the 1.3325 swing low
Close above 1.3370 swing high exposes the 1.3387 spike high
BoE decision at 11:00 GMT and US Core PCE at 12:30 GMT could reset this range
05:16 UTC
Up spike fading, pulling back · RSI 42 · price 1.3343
Post-breakout consolidation drifting lower.
Cable ripped out of the 1.3283-1.3306 base during the prior NY session, tagging a session high at 1.3387 before stalling. Price has since consolidated 1.3355-1.3370 and is now drifting into the 38.2% fib retracement near 1.3345 as RSI(14) cools to the low 40s; the Asia session is holding just under the pivot.
Support: 1.3340, 1.3315, 1.3300
Resistance: 1.3355, 1.3370, 1.33871
What it said to watch
Loss of 1.3340 opens the post-spike low at 1.3315 and 1.3300 psych
Reclaim of 1.3370 range top puts the 1.3387 session high back in play
BoE decision at 11:00 GMT (~6h) can reset this read
05:01 UTC
Pullback after impulsive rally · RSI 41 · price 1.3343
Cable broke out sharply from ~1.3280 into the 1.3387 session high, then went sideways through the Asian session and is now drifting toward the 1.3340 session low with RSI(14) near 41. Price sits below EMA20 but holds the lower half of the post-breakout range.
Support: 1.3340, 1.3333, 1.3313
Resistance: 1.3370, 1.3387
What it said to watch
M15 close below 1.3340 confirms a lower-low and cracks the consolidation floor
Reclaim of 1.3370 range top reopens the 1.3387 session high
BoE decision and MPR at 11:00 GMT plus Bailey at 11:30 GMT will override this structure
05:01 UTC
Up off NY breakout, drifting lower · RSI 40 · price 1.3343
Consolidation below session high, testing range floor.
NY session ripped above 1.3300 to a 1.3387 session high, then consolidated overnight in a 1.3345-1.3370 band. Price is now grinding the range floor near 1.3343 into pre-London, sitting on the 50% retrace of the rally with RSI(14) cooling toward 40.
Support: 1.3340, 1.3300
Resistance: 1.3370, 1.3387
What it said to watch
M15 close below 1.3340 range floor opens the path to the 1.3300 breakout level
Reclaim of 1.3370 range top puts the 1.3387 session high back in play
BoE decision and MPR at 11:00 GMT could materially shift this read
04:46 UTC
Up after breakout, momentum flat · RSI 46 · price 1.3346
Consolidation below spike high.
Cable ripped ~110 pips off 1.3278 into a 1.3387 spike high, then stalled and has been consolidating 1.3342–1.3371 through the Asia session on thin volume. Price is drifting under EMA20 with RSI(14) mid-range near 46, no directional follow-through since the breakout.
Support: 1.3342, 1.3329
Resistance: 1.3371, 1.3387
What it said to watch
BoE decision and MPR at 11:00 GMT (~6h) is the dominant catalyst and can void this consolidation read
M15 close below 1.3342 range low opens the breakout base at 1.3329
Reclaim of 1.3371 session high puts the 1.3387 spike high back in play
04:46 UTC
Rally faded, now consolidating · RSI 45 · price 1.3348
Range post-breakout, holding 1.3340-1.3370.
A sharp NY-session rally lifted cable ~90 pips through 1.3300 to a session high at 1.33871, RSI cooling off that spike since. Price has since drifted into a tight 1.3340-1.3370 band and now sits at 1.3348, holding above the retrace low.
Support: 1.3340, 1.3300
Resistance: 1.3370, 1.33871
What it said to watch
BoE decision + MPR at 11:00 GMT (~6h) is the key risk that could break this range
Loss of 1.3340 range low opens the retrace back toward 1.3300
Reclaim of 1.3370 pivot puts the 1.33871 session high back in play
Consolidating below session high after impulsive breakout.
Cable ripped ~90 pips off 1.3280 into a NY-session breakout, tagging a session high at 1.3387 before fading. Asia hours have been flat, coiling between 1.3341 and 1.3375 with RSI(14) back near neutral. BoE decision and full MPR at 11:00 GMT is the dominant catalyst ahead.
Support: 1.33415, 1.3325
Resistance: 1.33705, 1.33871
What it said to watch
Loss of 1.3341 session low opens the path back toward 1.3325 swing low
Reclaim of 1.3370 prior high puts 1.3387 session high back in play
BoE decision + MPR at 11:00 GMT will override this intraday range
04:16 UTC
Up-move fading into consolidation · RSI 46 · price 1.33469
Post-breakout drift, holding above breakout base.
Cable ripped from the 1.3300 breakout base up to a 1.3387 session high before fading into a shallow flag, now drifting near 1.3347 with RSI cooling to the mid-40s. Price is grinding along the 1.3342 session low with the 1.3369 swing high capping the pullback.
Support: 1.3342, 1.3300
Resistance: 1.3369, 1.3387
What it said to watch
M15 close below 1.3342 session low opens the path back toward the 1.3300 breakout base
Reclaim of 1.3369 swing high re-engages the 1.3387 session high
BoE decision + MPR at 11:00 GMT (~7h out) can override this intraday structure
Cable spiked ~90 pips during the NY session to 1.3387, then drifted back through the Asian session to the 38.2% retrace at 1.3346. RSI(14) has cooled to the mid-40s as the move consolidates in a quiet, low-ATR range.
Support: 1.3344, 1.3333
Resistance: 1.3370, 1.3387
What it said to watch
Hold of 1.3344 swing low keeps the rally structure intact; a close below opens the 50% fib at 1.3333
Reclaim of the 1.3370 range top puts the 1.3387 session high back in play
BoE decision and MPR at 11:00 GMT, then US PCE at 12:30 GMT, could materially shift this read
04:01 UTC
Uptrend, momentum fading · RSI 44 · price 1.33449
Impulsive rally then pullback.
Cable ripped from 1.3278 to 1.3387 in an impulsive NY-session leg, then stalled and consolidated near 1.3370 before easing into the Asian session. Price now drifting at 1.3345 below EMA20 with RSI(14) cooling to the mid-40s; 1.3342 session low holds so far.
Support: 1.33415, 1.3353, 1.3328
Resistance: 1.3370, 1.33871
What it said to watch
Close below 1.3340 session low opens 1.3353-1.3328 downside
Reclaim of 1.3370 consol top revives the rally
BoE decision + MPR at 11:00 GMT is the dominant near-term catalyst
04:01 UTC
Uptrend, momentum fading · RSI 46 · price 1.33474
Post-spike consolidation, drifting off highs.
Cable ripped from sub-1.3300 to 1.3387 during the NY session as the dollar unwound post-Fed, then stalled and rolled over into thin Asian hours. Now consolidating 1.3344-1.3370, price is back below EMA20 with RSI(14) cooling to the mid-40s.
Support: 1.33415
Resistance: 1.33686, 1.33871
What it said to watch
M15 close below 1.33415 confirms a lower-low and unwinds the spike gains
Reclaim of 1.33686 puts the 1.3387 session high back in play
BoE decision + MPR at 11:00 GMT and US PCE at 12:30 GMT will override this intraday read
03:46 UTC
Impulse up, now consolidating · RSI 46 · price 1.33474
Pullback holding above prior breakout.
Cable ripped from 1.3300 to a 1.33871 spike high during the prior NY session, then bled back into an Asian consolidation between 1.3344 and 1.3370. Price sits at 1.3347 just under EMA20 with RSI(14) cooled to the mid-40s; the breakout zone above 1.3327 is still holding.
Support: 1.33415, 1.3327
Resistance: 1.33705, 1.33871
What it said to watch
BoE decision at 11:00 GMT could materially shift this read
M15 close below 1.33415 opens the path back toward 1.3327
Reclaim of 1.33705 revives the upside impulse
03:46 UTC
Up-leg fading into consolidation · RSI 44 · price 1.33473
Post-breakout range under 1.3370.
Cable ripped from the 1.3300 shelf to 1.33871 on the NY spike near 18:00 UTC, then faded through Asia to stall in a 1.3342-1.3357 band. RSI(14) has cooled back to the mid-40s and price is holding just under EMA20 while above EMA50.
Support: 1.3342, 1.3354
Resistance: 1.3370, 1.33871
What it said to watch
BoE decision + MPR at 11:00 GMT (~7h out) is the dominant risk for this read
M15 close below 1.3342 confirms a lower low and unwinds the breakout
Reclaim of 1.3370 reopens the 1.33871 spike high
03:31 UTC
Uptrend, pullback after NY rally · RSI 43 · price 1.33436
Consolidating below 1.3370, testing range low.
NY session ripped ~90 pips off the 1.3278 low to a 1.3387 high, then consolidated 1.3345-1.3370 into the Asia session. Thin Asian flow has drifted price back to the range low near 1.3342, RSI(14) cooling to the low-40s.
Support: 1.33415, 1.33328
Resistance: 1.3350, 1.3370, 1.33871
What it said to watch
M15 close below 1.3341 range low opens the path toward the 1.3333 fib 50%
Reclaim of 1.3370 swing high needed to re-target the 1.3387 ny high
BoE decision + MPR at 11:00 GMT and Bailey at 11:30 GMT will reshape this read
03:31 UTC
Pulling back after NY spike · RSI 33 · price 1.33439
Consolidating below session high, lower highs.
Cable broke out during NY hours to a 1.33871 spike high on the post-Fed USD move, then rolled over. Asia session has drifted lower into 1.33440 with RSI(14) near 33 and price back under EMA20; the 1.33500 shelf now caps and the session high at 1.33753 is unchallenged.
Support: 1.3344, 1.3300
Resistance: 1.3350, 1.33753, 1.33871
What it said to watch
M15 close below 1.33440 opens the path toward 1.33000
Reclaim of 1.33500 needed to re-engage the session high at 1.33753
BoE decision + MPR at 11:00 GMT (~7.5h) can materially reset this read
Cable broke sharply above 1.3300 mid-window and ran to a 1.3387 session high before rejecting. Price is now drifting back to the 1.3344 session low with RSI(14) cooling to the mid-40s; the post-rally range is capped by lower highs into 1.3357.
Support: 1.3344, 1.3325, 1.3300
Resistance: 1.3357, 1.33705
What it said to watch
Close back above 1.3357 reopens the 1.3370 session high
Loss of 1.3325 negates the breakout structure
BoE decision 11:00 GMT and US Core PCE / GDP 12:30 GMT could materially shift this read
Cable spiked ~90 pips during the NY session to 1.3387, then coiled into a 1.3343–1.3375 range through Asia. Low-volume drift has pressed price back to the 1.3343 range floor, RSI(14) cooling to the low-40s.
Support: 1.3343, 1.3305
Resistance: 1.3375, 1.3387
What it said to watch
M15 close below 1.3343 range floor opens the 1.3305 breakout base
Reclaim of 1.3375 session high would re-engage the 1.3387 spike high
BoE decision + MPR at 11:00 GMT is the dominant risk into the next sessions
Impulsive break above 1.3300, now consolidating below 1.3370.
Cable ripped ~90 pips off 1.3293 in a single-candle break above the prior 1.3300 range, printing a session high at 1.3387. Price has since bled into a tight consolidation with lower highs into 1.3370 and now sits on the 1.3350 psych level, RSI(14) cooling toward mid-40s.
Support: 1.3346, 1.3350, 1.3300
Resistance: 1.3370, 1.3387
What it said to watch
Loss of 1.3346 swing low opens a deeper retrace toward 1.3300 prior range
Reclaim of 1.3370 swing high reopens the 1.3387 session high
BoE decision + MPR at 11:00 GMT (~8h) can override this range read
Cable broke sharply out of the 1.3280–1.3305 congestion during the NY session, spiking to a 1.3387 high before settling into a 1.3346–1.3375 band. Price is now grinding back toward the 1.3346 consolidation low with momentum cooling and price slipping under EMA20 ahead of today's BoE decision.
Support: 1.3346, 1.3325, 1.3300
Resistance: 1.3370, 1.3387
What it said to watch
Loss of 1.3346 swing low opens a retest toward the 1.3300 breakout base
Reclaim of 1.3370 recent high puts the 1.3387 session high back in play
BoE decision + MPR at 11:00 GMT and US Core PCE at 12:30 GMT can override this read
02:47 UTC
Rally faded, pulling back · RSI 43 · price 1.33508
Post-breakout consolidation, drifting to session lows.
Cable broke above 1.3300 on a volume-driven surge to 1.33871, then stalled and rolled into a 1.335-1.337 consolidation. Price is now sliding toward the 1.33486 session low in thin Asian trade, RSI(14) cooling into the low 40s.
Support: 1.33486, 1.3330
Resistance: 1.3370, 1.33871
What it said to watch
Loss of 1.33486 confirms a lower-low and opens the 1.33300 breakout level
Reclaim of 1.33700 range top would re-engage the rally
BoE decision + MPR at 11:00 GMT and Bailey at 11:30 GMT can materially reset this read
02:46 UTC
Uptrend, momentum fading · RSI 43 · price 1.33506
Consolidating below session high after breakout.
Cable spiked ~90 pips into 1.33871 mid-window then rolled into a tight consolidation, now drifting back to 1.3350 in thin Asian trade with RSI(14) cooling toward the mid-40s. Price sits below EMA20 but holds above the 1.33460 breakout shelf; consol top at 1.33700 caps.
Support: 1.3346, 1.3330
Resistance: 1.3370, 1.33871
What it said to watch
Loss of 1.33460 breakout shelf opens the 1.33300 psych level
Reclaim of 1.33700 consol top puts the 1.33871 session high back in play
BoE decision + MPR at 11:00 GMT and US Core PCE at 12:30 GMT will drive the next leg
Cable ripped from ~1.3295 to a 1.3387 session high on a single impulsive leg, then rolled back to the 1.3346-1.3350 range lows where it's now stalling on thin Asia-session volume. RSI(14) has cooled to the low-40s and price has slipped below the EMA20 while holding above the EMA50.
Support: 1.3346, 1.3325
Resistance: 1.3370, 1.3387
What it said to watch
Close below 1.3346 range low opens 1.3325 swing low
Reclaim of 1.3370 prior high re-engages the 1.3387 session high
BoE decision and MPR at 11:00 GMT will override this intraday read
Cable ripped ~90 pips off 1.3295 during the NY session, tagging a session high at 1.33871 before rejection and a drift back into an Asian-session range around 1.3352. Pullback stalled near the 38.2% fib and the 1.3350 psych level; thin late-Asia volume keeps momentum muted.
Support: 1.3346, 1.3329, 1.33231
Resistance: 1.3370, 1.33871
What it said to watch
Reclaim of 1.33700 reopens the 1.33871 session high
Failure to hold 1.33290 fib confirms deeper retrace toward the 1.33231 spike base
BoE decision + MPR at 11:00 GMT and US PCE at 12:30 UTC will override this intraday structure
A sharp NY-session leg lifted cable from ~1.3300 to a 1.3387 session high before stalling. Asia hours have drifted back to 1.3350, holding above the 1.3345 swing low; RSI(14) has cooled to neutral after the impulse. BoE decision and full MPR at 11:00 GMT are the dominant swing factor into the next sessions.
Support: 1.3345, 1.3330
Resistance: 1.3370, 1.33871
What it said to watch
M15 close below 1.3345 opens the 1.3300 breakout base
Reclaim of 1.3370 puts the 1.3387 session high back in play
BoE decision/MPR at 11:00 GMT can materially shift this read
02:01 UTC
Up leg, momentum stalling · RSI 50 · price 1.33548
Range after breakout.
NY session spiked cable from the 1.3300 area to 1.33871, reclaiming the 1.3350 resistance flagged into the BoE. Price has since consolidated through the Asian session between 1.3346 and 1.3370, with a shallow pullback to 1.3354 and RSI(14) cooling back to neutral.
Support: 1.3346, 1.3343, 1.3300
Resistance: 1.3370, 1.33871
What it said to watch
M15 close below 1.3346 exposes the 1.3300 psych retest
Reclaim of the 1.3370 range top reopens the 1.33871 session high
US Core PCE at 12:30 UTC (~10.5h) could shift this read
NY session drove a sharp breakout from 1.3295 up to a 1.3387 high, roughly a 90-pip surge on the FOMC/BoE backdrop. Asia has since consolidated between the 1.3353 session low and 1.3370 range top, RSI(14) cooling back to the mid-50s after the extension.
Support: 1.33526, 1.3346, 1.3300
Resistance: 1.33705, 1.33871
What it said to watch
Loss of 1.33526 session low opens 1.3346 swing low
M15 close back above 1.33705 range top targets the 1.3387 ny high
A sharp NY-session rally lifted Cable from ~1.3300 to a session high of 1.33871, then price coiled between 1.3346 and 1.3370. The latest bars slipped back under the 1.3370 shelf to 1.3355, RSI(14) cooling to the mid-40s.
Support: 1.3346, 1.3323
Resistance: 1.3370, 1.33871
What it said to watch
Loss of 1.33460 swing low reopens the 1.33230 spike low
Reclaim of 1.33700 swing high puts the 1.33871 session high back in play
BoE decision 11:00 GMT could materially shift this read
Consolidation below session high after news spike.
Cable ripped from 1.3300 to a session high of 1.3387 on the FOMC hold that unwound stretched USD longs, then spent Asian hours consolidating between 1.3440 and 1.3700 on thin volume. Price has drifted back to 1.3355 and now sits under EMA20, RSI(14) cooled to the mid-50s.
Support: 1.3344, 1.3329
Resistance: 1.3370, 1.33871
What it said to watch
Loss of 1.3440 spike low would unwind the breakout back into the prior range
Reclaim of 1.3700 consol top reopens the 1.3387 session high
BoE decision 11:00 GMT and US Core PCE 12:30 GMT could override this intraday read
Rally then consolidation below session high, minor pullback.
Cable spiked through 1.3346 into NY hours and tagged a session high at 1.33871 before fading, now consolidating and pulling back to 1.3354. RSI(14) has cooled from overbought back to neutral; ATR(14) near 5 pips reflects the quiet Asia session.
Support: 1.33526, 1.3346
Resistance: 1.33693, 1.33871
What it said to watch
M15 close below 1.33526 opens the path back toward 1.3346
Reclaim of 1.33693 puts the 1.33871 session high back in play
BoE decision Thu 11:00 GMT could materially shift this read
01:01 UTC
Impulsive rally, now cooling · RSI 50 · price 1.33548
Post-breakout consolidation below session high.
Cable spiked from ~1.3295 to a session high of 1.3387 after the Fed held and stripped out the hike premium, then consolidated and pulled back to 1.3355 — a shallow retracement holding above the 38.2% fib. RSI(14) has cooled back to neutral near 50 as the last bars slipped under the EMA20.
Support: 1.3346, 1.3335
Resistance: 1.33871
What it said to watch
BoE decision + MPR at 11:00 GMT is the dominant catalyst and can override this read
Loss of 1.3346 swing low negates the post-breakout hold and reopens the ema50 near 1.3335
Reclaim of 1.3387 session high needed to resume the rally
00:46 UTC
Up impulse, now consolidating · RSI 50 · price 1.33548
Post-spike range under 1.3370.
Cable spiked roughly 90 pips into the NY session on the FOMC dollar long-unwind, tagging 1.33871 before fading. Price has since coiled in a 1.3346-1.3370 band and is now pressing the range low at 1.33548 in thin Asia hours, RSI(14) back to neutral near 50.
Support: 1.3350, 1.3346, 1.32935
Resistance: 1.33705, 1.33871
What it said to watch
M15 close below 1.3346 confirms a lower-low out of the range
Reclaim of the 1.33705 shelf reopens 1.33871 session high
BoE decision 11:00 GMT and US Core PCE 12:30 GMT could override this intraday read
The FOMC hold triggered a USD long-unwind, spiking Cable ~110 pips off the 1.3278 low into 1.33871 during NY hours. Price has since consolidated in a 1.3345–1.3375 band through the Asia session, RSI cooling from overbought; the latest bar slipped to 1.3354 off the range top.
Support: 1.3350, 1.33427, 1.3300
Resistance: 1.33753, 1.33871
What it said to watch
Close below 1.3345 breaks the consolidation floor
Reclaim of 1.33753 reopens the 1.33871 spike high
BoE decision + Core PCE (12:30 GMT) could materially reshape this read
The FOMC hold stripped out the priced hike premium and triggered a USD long-unwind, spiking Cable through 1.3300 to a session high at 1.3387. Price has since gone sideways between 1.3346 and 1.3375; the last two bars slipped off the highs with RSI(14) cooling back to neutral.
Support: 1.3346, 1.3330, 1.3300
Resistance: 1.3375, 1.33871
What it said to watch
Close below 1.3346 breaks the consolidation and reopens 1.3330
Reclaim of 1.3375 puts the 1.3387 session high back in play
BoE decision Thu 11:00 GMT could materially shift this read
00:31 UTC
Uptrend, consolidating at highs · RSI 58 · price 1.3366
Post-breakout range near session high.
Cable ripped from ~1.3295 to 1.3387 on a sharp NY-session breakout, then stalled and coiled into 1.3360–1.3375 through thin Asia hours. RSI(14) has cooled off its post-spike highs into the upper-50s as price digests the move just under 1.3387.
Support: 1.3346, 1.3327, 1.3300
Resistance: 1.3387, 1.3375
What it said to watch
Close above 1.3387 resumes the breakout leg
Loss of 1.3346 opens the pullback low at 1.3327
BoE decision, MPR & vote split 11:00 GMT plus US Core PCE 12:30 GMT could materially shift this read
Cable ripped ~90 pips off 1.3280 on the Fed hold and stretched-dollar-long unwind, tagging 1.3387 before settling into a tight 1.3344–1.3375 range. RSI(14) has cooled to the high-50s as the impulse stalls just under the range top; price holding above EMA20/50.
Support: 1.3344, 1.3329
Resistance: 1.3375, 1.33871
What it said to watch
M15 close above 1.33750 reopens the 1.33871 session high
Loss of 1.33440 consol low signals the breakout is fading
BoE decision + MPR Thu 11:00 GMT (and Bailey 11:30) can override this range read
Cable ripped from 1.3295 to 1.3387 during the NY session as the Fed held and USD longs unwound. Price has since gone flat in the Asian session, coiling between 1.3354 and 1.3375 on thin volume with RSI(14) cooling off its overbought spike.
Support: 1.3354, 1.3346, 1.33127
Resistance: 1.33753, 1.33871
What it said to watch
Close back below 1.3354 breaks the consolidation and reopens the 1.3346 breakout base
Acceptance above 1.3375 puts the 1.3387 spike high back in play
BoE decision + MPR at 11:00 GMT and Bailey at 11:30 GMT will override this intraday structure