GBP/USD AI Live Scan, 15-minute chart, Friday, 30 October 2026
Every read JAFX AI made on the GBP/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:54 UTC
Sideways after London-high reversal · RSI 52 · price 1.33925
Lower high at 1.3405, tight range 1.3384–1.3397 into Friday close.
Sterling broke the Asian range high at 1.3407 on BoE-hike confidence and topped at the 1.3434 london high. The move then reversed in a ~60-pip slide from 12:30 UTC to the 1.3374 NY low, and the rebound stalled at the 1.3405 NY high near the 50% retrace. Friday closed at 1.3392, back inside the Asian range and pinned between the 1.3384 range low and the 1.3397 range top, with RSI(14) neutral near 52.
Support: 1.3384, 1.3374
Resistance: 1.3397, 1.3405, 1.3434
What it said to watch
A Monday open gap outside the 1.3384–1.3397 range sets the first structural cue
Failure to hold the 1.3374 NY low confirms a lower-low after the london high rejection
An M15 close above the 1.3405 NY high and 50% retrace reopens the path to the 1.3434 london high
US ISM Manufacturing (Mon 15:00 UTC) and BoE Super Thursday (Nov 5, 12:00 GMT) could materially shift this read
22:43 UTC
Sideways after NY reversal, momentum flat · RSI 52 · price 1.33925
Tight range 1.3389–1.3397 below the NY-session lower high.
London extended the Asian-session rally to a 1.3434 session high (london high). From 12:30 GMT a 60-pip NY reversal swept the Asian range low, printing a 1.3374 session low before closing back inside. Since then the 16:00 GMT ny high at 1.3405 near the 50% retrace has capped price, which is coiling between the 1.3389 range low and the 1.3397 range top (38.2% of the NY sell-off) into the weekly close. RSI(14) sits near 52 and no setup is in play, despite the digest's GBP-supportive BoE hike pricing.
Support: 1.3389, 1.3384, 1.3374
Resistance: 1.3397, 1.3405, 1.3434
What it said to watch
M15 close above the 1.3397 range top / 38.2% retrace shifts focus to the 1.3405 ny high
Failure to hold the 1.3389 range low exposes the 1.3384 ny swing low and the 1.3374 session low
Weekly close: thin liquidity now, and Monday's ISM Manufacturing (15:00 UTC) could materially shift this read
BoE decision Thu Nov 5 12:00 GMT is the dominant GBP risk; the vote split versus the 7-2 consensus could reprice the 1.3434 london high area
20:47 UTC
Flat after London rally fully reversed in NY · RSI 51 · price 1.33915
Tight late-NY range inside Asian range, below 38.2% fib.
London cleared the Asian high and ran to 1.3434 near the six-week high. NY then unwound the entire move, sweeping the Asian-range low to a 1.3374 NY low before recovering. Price has compressed in a 1.3384–1.3397 range into the weekly close, capped at the 38.2% fib of the London high to NY low drop, with RSI(14) flat near 51.
Support: 1.3384, 1.3374
Resistance: 1.3397, 1.3406, 1.3434
What it said to watch
M15 close above 1.3397 (fib 38.2) opens the 1.3406 Asian high and 50% retrace
Break of the 1.3384 range low exposes the 1.3374 NY low
Thin late-Friday liquidity; Monday's ISM Manufacturing (15:00 UTC) is the next USD-side catalyst for this read
20:32 UTC
Range after London spike reversed, momentum neutral · RSI 51 · price 1.33961
Late-NY consolidation on rising lows inside the Asian range.
London's break above the Asian range peaked at a 1.3434 london high near the digest's six-week-high zone. From the first hour of NY that move was fully unwound to a 1.3374 ny low. Late NY has compressed between the 1.3384 swing low and the 1.3406 ny high on rising lows, with price parked at the 38.2% fib and RSI(14) neutral near 51.
Support: 1.3384, 1.3374
Resistance: 1.3397, 1.3406, 1.3434
What it said to watch
M15 close above the 1.3406 ny high brings the 50% fib at 1.3404–1.3411 and the 1.3434 london high back into view
Failure to hold the 1.3384 swing low breaks the rising lows and exposes the 1.3374 ny low
Friday close is imminent, so thin liquidity raises weekend gap risk
Monday ISM (15:00 UTC) and BoE Super Thursday (Nov 5) could materially shift this read
20:17 UTC
Range after NY reversal · RSI 49 · price 1.33971
Lower high at 1.3406, range above NY low.
London's push to a 1.3434 session high on BoE-driven GBP strength was rejected at the London-NY transition. The selloff found a floor at the 1.3374 NY low, level with the prior-day low. Price has since ranged between the 1.3384 swing low and the 1.3406 lower high, and now sits at the 38.2% fib of the drop into the Friday close. RSI(14) is neutral near 49.
Support: 1.33838, 1.33737
Resistance: 1.34057, 1.34336
What it said to watch
A close above the 1.3406 lower high and the 50% fib reopens the 1.3434 london high
A break of the 1.3384 swing low and the rising lows exposes the 1.3374 ny low
Friday close and weekend gap risk; Monday's ISM and the Nov 5 BoE decision are the next catalysts
20:01 UTC
Intraday pullback from London high, stabilising · RSI 49 · price 1.33949
Contracting range 1.3384–1.3406 after NY reversal; lower highs vs higher lows.
London extended the GBP bid to a 1.3434 london high before NY unwound it, sweeping the 1.3380 Asian low to a 1.3374 ny low around the Chicago PMI miss. Late NY is coiling between the 1.3384 higher low and the 1.3406 ny high, capped near the 38.2% retrace of the London-NY drop, RSI(14) flat near 49.
Support: 1.3384, 1.3374
Resistance: 1.3406, 1.3434
What it said to watch
M15 close above the 1.3406 ny high breaks the descending line and reopens the 1.3434 london high
Failure to hold the 1.3384 higher low breaks the rising line and exposes the 1.3374 ny low
Thin late-Friday liquidity into the weekly close; Monday's US ISM is the next scheduled driver
19:46 UTC
Range after failed London breakout · RSI 49 · price 1.33948
NY reversal back into Asian range, ranging 1.3374–1.3406.
London's push through 1.3420 to a 1.3434 london high, on GBP strength into the BoE, failed. The early-NY selloff erased the move down to a 1.3374 ny low. Since then cable has ranged below the 1.3406 range top, which sits near the 50% of the NY drop fib, with a lower highs line capping late-NY bounces and the 1.3384 swing low holding.
Support: 1.33838, 1.33737
Resistance: 1.34057, 1.34336
What it said to watch
M15 close above the 1.3406 range top and lower highs line reopens the 1.3420–1.3434 london high zone
Loss of the 1.3384 swing low exposes the 1.3374 ny low and breaks the range floor
Friday close into thin liquidity; US ISM Manufacturing on Mon 15:00 UTC is the next USD catalyst
19:16 UTC
Pullback from London high, flattening into a late-NY range · RSI 50 · price 1.33932
Lower highs at 1.3406 and 1.3397 above 1.3374–1.3384 lows, back inside the Asian range.
London extended the BoE-driven GBP bid to a 1.3434 London high before a sharp reversal from 12:45 UTC took price to a 1.3374 NY low, back inside the Asian range. Late NY is drifting between the 1.3384 swing low and lower highs at the 50% fib (1.3406) and the 38.2% fib (1.3397). Price sits just under EMA20 with RSI(14) near 50 and ATR(14) about 8 pips into the Friday close.
Support: 1.33838, 1.33737
Resistance: 1.33973, 1.34057, 1.34336
What it said to watch
M15 close below the 1.3384 swing low re-exposes the 1.3374 NY low
Reclaim of the 50% fib at 1.3406 reopens the 1.3434 London high
Hold above the 38.2% fib at 1.3397 would break the late-NY lower-high sequence
Weekend gap risk into Monday's US ISM Manufacturing (15:00 UTC) could reset this range
19:01 UTC
Intraday range after failed London push, lower highs vs higher lows · RSI 48 · price 1.3394
Contracting NY range 1.3374–1.3406 inside the Asian range, below the 1.3434 session high.
London's break above the 1.3407 Asian high ran to a 1.3434 session high, then gave it all back from 12:30 UTC. The drop swept the Asian low to a 1.3374 NY low, and the rebound stalled near the 38.2–50% retrace of the NY selloff. Late NY is compressing between rising lows from 1.3374 and lower highs off the 1.3406 NY high, right on the 1.3390–1.3400 pivot flagged in the GBP digest.
Support: 1.3384, 1.3374
Resistance: 1.3406, 1.3434
What it said to watch
M15 close above the 1.3406 NY high breaks the lower highs and reopens the 1.3434 session high
Failure to hold the rising lows near 1.3384 exposes the 1.3374 NY low and Asian-range low
Friday late-NY liquidity thins into the weekend; Monday's ISM Manufacturing (15:00 UTC) is the next USD catalyst ahead of the Nov 5 BoE
18:46 UTC
Intraday downturn, now ranging · RSI 40 · price 1.33917
Post-NY-drop range 1.3374–1.3406, lower highs.
London's push to a 1.3434 session high (london high) reversed from 12:30 GMT despite the soft-USD backdrop, and the NY drop took out the Asian low near 1.3380 before printing a 1.3374 session low. Since then cable has compressed between 1.3374 and 1.3406, with the bounce stalling at a lower high just above the 50% fib of the NY drop. Late NY session: price sits just under EMA20 with RSI(14) near 40.
Support: 1.3384, 1.3374
Resistance: 1.3406, 1.3434
What it said to watch
M15 close above the 1.3406 lower high and 50% fib of the NY drop reopens the 1.3434 london high
Failure to hold the 1.3384 ny swing low exposes the 1.3374 session low and extends the lower-high sequence
Friday close thins liquidity; next scheduled risk is US ISM Mon 15:00 UTC, with BoE on Nov 5 as the larger GBP driver
18:31 UTC
Pullback from London high, flattening late NY · RSI 45 · price 1.33906
Lower highs inside 1.3374–1.3405 NY range.
London cleared the Asian range high and ran to a 1.3434 London high, but NY reversed it from the open in a 60-pip slide to the 1.3374 NY low, back inside the Asian range despite the soft-USD digest backdrop. The bounce capped at the 1.3405 lower high near the 50% retrace of the NY sell-off, and lower highs since have held price under the 1.3400 pivot and EMA20 after London close, with a late low at 1.3384.
Support: 1.3384, 1.3374
Resistance: 1.3400, 1.3405, 1.3434
What it said to watch
Failure to hold the 1.3384 late low exposes the 1.3374 NY low and the bottom of the Asian range
An M15 close above the 1.3400 pivot and the 1.3405 lower high breaks the lower-highs line and brings the 1.3434 London high back into view
Friday late-NY liquidity is thin. Next scheduled risk is Monday's ISM at 15:00 UTC, with the BoE on Nov 5 the larger GBP driver
18:16 UTC
Intraday downswing, NY ranging · RSI 44 · price 1.33869
London rally fully retraced; lower highs inside a 1.3374–1.3406 NY range.
Cable topped at the 1.3434 London high and broke lower from 12:30 UTC around the US ECI release, unwinding the London leg to a 1.3374 NY low at the Asian range floor. The NY rebound stalled at the 1.3406 NY high near the 50% fib. After London close, price is drifting back toward the 1.3384 swing low, with RSI(14) near 44 and price below both EMAs.
Support: 1.33838, 1.33737
Resistance: 1.34057, 1.34336
What it said to watch
A close below the 1.3374 NY low takes out the Asian range floor and extends the lower-low sequence
Holding the 1.3384 swing low keeps price inside the 1.3374–1.3406 NY range
Recovery above the 1.3406 NY high and the 50% fib reopens the 1.3434 London high
Late-Friday liquidity is thinning; Monday's ISM Manufacturing at 15:00 UTC is the next scheduled USD catalyst
18:01 UTC
Down from London high, basing in late NY · RSI 47 · price 1.33876
Compressing range 1.3374–1.3406, higher lows under a flat top.
London cleared the Asian range high and ran to a 1.3434 London high. The USD claw-back from 12:30 GMT then erased the move and swept the 1.3374 session low just under the Asian low. Late NY trade since has printed higher lows near 1.3383–1.3385, while the 1.3406 Asian high, also the 50% retrace of the slide, has capped two bounces.
Support: 1.33835, 1.33737
Resistance: 1.34065, 1.34336
What it said to watch
M15 close below the 1.3383 higher low breaks the trendline and reopens the 1.3374 session low
Close above the 1.3406 Asian high and 50% retrace opens a path back toward the 1.3434 London high
Friday close liquidity is thin, and the next scheduled USD risk is Mon 15:00 UTC ISM Manufacturing
17:46 UTC
Intraday pullback, NY chop below 1.3406 · RSI 48 · price 1.33915
London gains fully unwound; NY ranging inside the Asian range.
London cleared the Asian high and peaked at the 1.3434 london high, then unwound from 12:30 GMT as resilient US data lifted the dollar to a 1.3374 ny low. Late NY is chopping inside the Asian range, capped at the 1.3406 ny high near the 50% fib, with price now testing the rising line from the low.
Support: 1.3380, 1.33737
Resistance: 1.34057, 1.34336
What it said to watch
M15 close above the 1.3406 ny high and 50% fib reopens the 1.3434 london high
Break of the rising line and the 1.3380 asian low exposes the 1.3374 ny low
Friday late-NY liquidity thins; Monday's ISM and Prices Paid could reset this read
17:16 UTC
Range after NY reversal of London rally · RSI 48 · price 1.33965
1.3374–1.3406 range back inside Asian range, NY higher lows.
London cleared the Asian high and ran to a 1.3434 London high, but NY unwound it about 60 pips to a 1.3374 day low. That low was a brief false break of the Asian low as USD pared losses. Since then price has held a chain of NY higher lows near the 1.3383 higher low, is capped just under the 1.3406 Asian high and sits on the 38.2% fib of the sell-off, with RSI(14) neutral at 48.
Support: 1.3383, 1.3374
Resistance: 1.3406, 1.3422, 1.3434
What it said to watch
M15 close above the 1.3406 asian high reclaims the 50% fib and brings the 1.3422 london base, then the 1.3434 london high, back into view
Loss of the 1.3383 higher low breaks the NY higher lows line and exposes the 1.3374 day low; a close below it negates the false break read
Late NY into the Friday weekly close tends to thin liquidity; ISM Manufacturing (Mon 15:00 UTC) and Tuesday's US midterms are the next scheduled USD risk
17:01 UTC
Pullback from London high, now ranging · RSI 45 · price 1.33909
NY range 1.3374–1.3406 with rising lows, below the Asian high.
London cleared the Asian high and printed 1.3434. A sharp NY sell-off then reached 1.3374 as the USD pared its early losses. Since then NY has ranged 1.3374–1.3406 on rising lows, with the rebound rejected near the 50% fib of the London-NY drop and the Asian high; RSI(14) is neutral near 45.
Support: 1.3374, 1.3360
Resistance: 1.3406, 1.3434
What it said to watch
M15 close below the 1.3374 ny low breaks the range and exposes the 24h low at 1.3360
Close back above the 1.3406 asian high reclaims the 50% fib and reopens the 1.3434 london high
Loss of the rising lows line near 1.3388 shifts the range toward its floor
Thin liquidity into the Friday weekly close; Fed's Musalem remarks can still jolt USD
16:46 UTC
Intraday pullback from London high, NY basing · RSI 48 · price 1.33955
NY range 1.3380–1.3405 with higher lows off the session low.
London ran to a 1.3434 london high before the USD pared losses around the 12:30 UTC in-line ECI print. That drop took Cable 60 pips lower to a 1.3374 session low, a brief sweep of the Asian range low. NY has since held a range off the 1.3380 ny range low with higher lows; the latest push was rejected at the 50% fib of that drop, and RSI(14) sits neutral near 48.
Support: 1.3380, 1.3374
Resistance: 1.3405, 1.3411, 1.3434
What it said to watch
M15 close below the 1.3380 ny range low breaks the higher lows and reopens the 1.3374 session low
M15 close above the 1.3405 50% fib opens the 61.8% fib at 1.3411, then the 1.3434 london high
Fed's Musalem at 16:30 UTC could materially shift this read
16:16 UTC
Intraday pullback after London high, now basing · RSI 45 · price 1.33952
Lower highs from 1.3434; tight 1.3374–1.3398 range after Asian low sweep.
NY session unwound the London run to the 1.3434 London high as USD pared early losses. Price briefly swept the Asian low at 1.3380, and the 1.3374 NY low has held since. Price is compressing in a 1.3374–1.3398 range capped at the 38.2% fib, with RSI(14) near 45 and both EMAs overhead.
Support: 1.3380, 1.3374
Resistance: 1.3398, 1.3407, 1.3434
What it said to watch
M15 close above 1.3398 (38.2% fib) opens the 50% retracement near 1.3404 and the Asian high at 1.3407
Failure to hold the NY low at 1.3374 confirms a lower-low below the Asian low
Fed's Musalem at 16:30 UTC and the Friday weekly close could materially shift this read
London high rejected, NY chopping in 1.3374–1.3398 range.
GBPUSD ran to a session high at 1.3434 in London, cleared the 1.3407 Asian high, then reversed from 12:30 UTC and gave back the whole Asia-London advance to a 1.3374 NY low as USD steadied. Late NY hours on Friday are chopping in a 1.3374–1.3398 range, with the range top capping near the 38.2% retrace of the London-NY drop. Price sits below EMA20 and EMA50, and RSI(14) is near 39.
Support: 1.3374, 1.3361
Resistance: 1.3398, 1.3407, 1.3434
What it said to watch
Fed's Daly at 16:00Z and Musalem at 16:30Z could break the range either side
M15 close above the 1.3398 range top and the 1.3407 Asian high shifts the read back toward the 1.3434 session high
Failure to hold the 1.3374 NY low confirms a lower-low and exposes the 1.3361 prior low
Weekly close approaching may thin liquidity and exaggerate moves at range edges
London high rejected, NY lower highs, coiling inside Asian range.
London's run to the 1.3434 London high fully unwound during NY hours, with the slide from 12:30 UTC pulling GBP back inside the Asian range to a 1.3374 NY low as part of the BoE-driven rally was given back. Price is now coiling between a 1.3379 higher low and the 38.2% fib near 1.3397, below both EMAs.
Support: 1.3379, 1.33737, 1.3360
Resistance: 1.33975, 1.3407, 1.34336
What it said to watch
M15 close above the 38.2% fib at 1.3397 and the Asian high at 1.3407 would break the NY lower-high sequence
Failure to hold the 1.3379 higher low and the 1.3374 NY low exposes the prior low at 1.3360
Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) could materially shift this read
1.3434 London high stays the session cap while the descending trendline holds
15:31 UTC
Intraday downtrend after London high, now basing · RSI 37 · price 1.33916
NY reversal from London high, Asian low swept, 1.3379–1.3398 chop.
London extended GBP's rally to a 1.3434 london high, but NY unwound the whole leg and swept the Asian low near 1.3380 to a 1.3374 session low. Since then price has chopped between the 1.3379 ny lows and 1.3398, with bounces rejected at the 38.2% fib of the London-to-NY drop. RSI(14) sits near 37 and ATR(14) is about 11 pips.
Support: 1.3379, 1.33737
Resistance: 1.3398, 1.34073, 1.34336
What it said to watch
M15 close above the 38.2% fib at 1.3398 opens a move back toward the 1.3407 asian high
Failure to hold the 1.3379 ny lows exposes a retest of the 1.3374 session low
A reclaim of the 1.3434 london high is needed to undo the NY reversal
Fed's Daly at 16:00 UTC and Musalem at 16:30 UTC, around London close, could break the current chop
London peak at 1.3434 reversed; NY sell-off swept the Asian low, price back inside the Asian range.
London broke the 1.3407 Asian high and ran to a 1.3434 day high at the six-week top. The early NY session erased that gain in a 60-pip slide and swept the Asian low to a 1.3374 NY low before demand returned. The rebound stalled at the 1.3398 bounce high, near the 38.2% fib of the drop, leaving price below both EMAs and mid-range.
Support: 1.3380, 1.3374, 1.3360
Resistance: 1.3398, 1.3407, 1.3434
What it said to watch
A close above the 1.3398 bounce high and the 1.3407 Asian high (50% fib zone) reopens the 1.3434 day high
A break of the 1.3380 Asian low and the 1.3374 NY low confirms a lower-low and exposes the 1.3360 prior low
Fed speakers Daly (16:00 UTC) and Musalem (16:30 UTC) could shift the read via USD
London breakout above the Asian high fully unwound in NY; price back inside the Asian range.
London carried the break of the 1.3407 Asian high to a 1.3434 session high. NY then reversed the whole move, falling 60 pips to a 1.3374 NY low that swept just under the Asian range floor before rebounding. The bounce from the 1.3379 higher low stalled at the 38.2% fib near 1.3397, with price capped below both EMAs and RSI(14) rising from the low 30s.
Support: 1.33789, 1.33737
Resistance: 1.3397, 1.34073, 1.34336
What it said to watch
M15 close above 1.3407 (asian high) would reclaim the London breakout level and weaken the reversal read
Failure to hold the 1.3379 higher low and a break of the 1.3374 ny low would extend the NY leg to a fresh lower low
Rejection at the 38.2% fib near 1.3397 keeps the bounce corrective inside the drop from the session high
Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) could materially shift this read within the next few bars
14:46 UTC
Intraday downtrend after London high, bouncing off NY low · RSI 31 · price 1.33867
Lower highs from 1.3434; Asian low swept and reclaimed, price back inside Asian range.
London pushed to a session high at 1.3434, above the 1.3420 six-week high. The first hours of NY then unwound the whole leg, a 60-pip slide that swept the asian low at 1.3380 down to the ny low at 1.3374 before closing back above it. RSI(14) is near 31 off the low, and price sits below both EMAs despite a soft USD backdrop.
Support: 1.3380, 1.33737, 1.33602
Resistance: 1.33966, 1.34073, 1.34336
What it said to watch
Failure to hold the 1.3380 asian low, and a close below the 1.3374 ny low, extends the NY leg toward the 1.3360 prior low
Recovery through the 38.2% fib at 1.3397 and the 1.3407 asian high would mark the sweep as a false break
Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) could shift USD tone around London close
Session high at 1.3434 caps the day while lower highs hold
14:31 UTC
Intraday downtrend, bouncing off NY low · RSI 36 · price 1.33909
London HH/HL chain broken by NY selloff; back inside Asian range.
The NY selloff from 12:30 UTC erased the London leg to the 1.3434 session high and dipped below the 1.3376 Asian low to a 1.3374 ny low. Price snapped back after the Chicago PMI miss and now sits back inside the 1.3376–1.3407 Asian range, under the 1.3400 psych level. RSI(14) is recovering to 36.
Support: 1.33737, 1.33602
Resistance: 1.3400, 1.34336
What it said to watch
M15 close back below the 1.3374 ny low turns the sweep into a lower-low, exposing the 1.3360 swing low
Reclaim of 1.3400 psych puts the ~1.3404 50% retrace of the NY selloff in play
Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) could materially shift this read
14:16 UTC
Intraday uptrend reversed, sharp sell-off into NY · RSI 26 · price 1.33771
London range 1.3422–1.3434 broke lower; lower highs since 12:30 UTC, testing the Asian low.
London broke the Asian high at 1.3407 and printed a session high at 1.3434. The range then failed after the in-line ECI at 12:30 UTC, as USD clawed back losses. Seven straight lower closes have broken the London trendline and dropped price onto the Asian low at 1.3376, right at the 50% fib of the rally, with RSI(14) near 26.
Support: 1.3376, 1.3366, 1.3360
Resistance: 1.3407, 1.3434
What it said to watch
M15 close below the asian low at 1.3376 exposes the 61.8% fib at 1.3366 and the ny swing low at 1.3360
Reclaim of the asian high at 1.3407 would undo the breakdown; the session high at 1.3434 caps above
Chicago PMI (due now) plus Daly at 16:00 and Musalem at 16:30 UTC could extend the USD rebound
14:01 UTC
Intraday downturn, oversold after London rally unwound · RSI 23 · price 1.33883
Lower highs since 12:30 UTC, London leg nearly fully retraced.
London stalled at the 1.3434 session high. The dollar's rebound after the in-line ECI at 12:30 UTC then broke the London trendline and retraced about 85% of the London leg back to the London base at 1.3388. RSI(14) is near 23 and price is back inside the Asian range, with the Asian low at 1.3380 just below.
Support: 1.3388, 1.3380
Resistance: 1.3400, 1.3407, 1.3434
What it said to watch
Failure to hold the Asian low at 1.3380 marks a full retrace of the London leg and a lower-low in the NY session
Reclaiming the 1.3400 round number and the Asian high at 1.3407 would ease the NY breakdown read
Only a return above the session high at 1.3434 restores the London uptrend structure
Chicago PMI now, then Fed's Daly at 16:00 UTC and Musalem at 16:30 UTC, could extend the USD rebound
London HH/HL chain broken by post-ECI drop; lower lows into Asian pivots.
London extended the break of the 1.3407 asian high to a 1.3434 london high, but the in-line 12:30 UTC ECI sparked a USD rebound that has unwound about 45 pips and retraced past 78.6% of the London rally fib. Price is pressing the 1.3388 asian pivots with RSI(14) near 23, and the 1.3400 round number is now overhead.
Support: 1.3388, 1.3380
Resistance: 1.3400, 1.3407, 1.3434
What it said to watch
Chicago PMI (due now), Daly 16:00 UTC and Musalem 16:30 UTC could extend or reverse the USD rebound
M15 close below 1.3388 asian pivots exposes the 1.3380 asian low and a full retrace of the London rally fib
Reclaim of 1.3400 round number and the 1.3407 asian high would neutralise the post-ECI break; 1.3434 london high caps above
London higher-high chain peaked at 1.3434; break below London range back into Asian range.
London carried the Asian-range breakout to a session high at 1.3434, inside the 1.3420-1.3430 zone flagged in the GBP digest. From 12:30 UTC, around the in-line ECI, it rejected about 39 pips in three bars. In the London-NY transition, price sits back below the asian high at 1.3407, the 61.8% fib of the asian low-to-high leg and both EMAs, testing the 1.3390 asian floor with RSI(14) near 34.
Support: 1.3390, 1.3380
Resistance: 1.3407, 1.3422, 1.3434
What it said to watch
Chicago PMI at 13:45 UTC (f/c 56.1) could materially shift this read; Fed's Daly at 16:00 and Musalem at 16:30 add NY-session USD risk
M15 close below the 1.3390 asian floor exposes the 1.3380 asian low and fully unwinds the overnight leg
Reclaiming the 1.3407 asian high and the 1.3422 london floor would return price to the prior range below the 1.3434 session high
Rising trendline from the asian low already broken; a retest from below near the asian high is the level to monitor for rejection
13:16 UTC
Intraday uptrend interrupted, sharp pullback at NY open · RSI 33 · price 1.34017
London break of Asian range high; NY open drop back to the breakout zone.
London broke the Asian high at 1.3407 and ran to a session high at 1.3434, inside the 1.3420-1.3430 resistance zone flagged ahead of the BoE. Price held a 1.3422-1.3434 range until NY open, when a 25-pip drop at 12:30 UTC broke the range floor and found the NY low at 1.3399. That low sits at the 61.8% retracement of the London leg and the top of the Asian range.
Support: 1.3399, 1.3380
Resistance: 1.3407, 1.3422, 1.3434
What it said to watch
M15 close below the 1.3399 NY low and 61.8% fib puts the 1.3380 Asian low in play
Reclaim of 1.3407 and then the 1.3422 range floor would leave the session high at 1.3434 as the next cap
Chicago PMI at 13:45 UTC (f/c 56.1), then Fed's Daly 16:00 and Musalem 16:30 UTC, could materially shift the USD side
London range 1.3422–1.3434 broken lower, retesting Asian high.
London extended the Asian breakout to a 1.3434 session high, then held a 1.3422–1.3434 range for three hours. The 12:30 UTC bar, which coincided with the US ECI release, broke that range floor in a 17-pip drop. Price now sits on the 1.3407 Asian high, which also marks the 50% fib of the Asian low to session high move and the EMA50, with RSI(14) near 34.
Support: 1.3407, 1.3398, 1.3380
Resistance: 1.3422, 1.3434
What it said to watch
An M15 close below the 1.3398 swing low and the 61.8% fib near 1.3400 exposes the 1.3380 Asian low
A reclaim of the 1.3422 range floor reopens the 1.3434 session high
Chicago PMI at 13:45 UTC and Fed's Daly at 16:00 UTC could extend or reverse the post-ECI move
Tight range 1.3422–1.3434 after London breakout above Asian range.
London broke the asian high at 1.3407 and the London leg ran to a 1.3434 session high, extending sterling's third-day rally on BoE hike bets and a softer dollar. Since 10:00 UTC price has compressed in a 12-pip band and is now pressing the 1.3422 range low, just under EMA20 with RSI(14) flat near 52. The 12:30 UTC ECI bar has shown little reaction so far.
Support: 1.3422, 1.3407, 1.3398
Resistance: 1.3434, 1.3450
What it said to watch
M15 close below the 1.3422 range low puts the 38.2% London leg fib (~1.3420) and the 1.3407 asian high in play
Failure to hold the 1.3398 pullback low breaks the London higher-low sequence
M15 close above the 1.3434 session high reopens the 1.3450 round number
Chicago PMI at 13:45 UTC and Fed's Daly at 16:00 UTC could materially shift this read
London breakout above Asian range, now a tight 1.3422–1.3434 band.
London cleared the 1.3407 Asian high and ran to a 1.3434 session high on sterling's third-day bid from BoE hike pricing. Since 09:30 UTC price has compressed between the 1.3422 range low and the session high into the US ECI release, with RSI(14) cooling to the mid-50s.
Support: 1.3422, 1.3407, 1.3398
Resistance: 1.3434, 1.3450
What it said to watch
US ECI at 12:30 UTC (f/c 0.8%) and Chicago PMI at 13:45 UTC could materially shift this read
M15 close above the 1.3434 session high opens the path to the 1.3450 round number
Close below the 1.3422 range low exposes the 1.3407 asian high, near the 50% fib of the Asia-London leg
Loss of the 1.3398 london low breaks the higher-low trendline and the intraday uptrend read
12:16 UTC
Uptrend, pausing at session high · RSI 63 · price 1.34273
Asian range broken higher in London; tight consolidation 1.3423–1.3434 since 09:30 UTC.
London broke the Asian high at 1.3407 and stair-stepped to a 1.3434 session high, extending GBP's third-day bid into next week's BoE as the USD stays soft. Late London is now coiling in a 1.3423–1.3434 band above the 1.3420–1.3430 resistance zone flagged in the digest, with RSI(14) cooling to ~63 and ATR near 6.6 pips.
Support: 1.3423, 1.3407, 1.3400
Resistance: 1.3434, 1.3450
What it said to watch
US ECI at 12:30 UTC (f/c 0.8%) is the likely trigger out of the 1.3423–1.3434 band; a hot print revives USD hike pricing, and Chicago PMI follows at 13:45 UTC
M15 close above the 1.3434 session high opens the path to the 1.3450 psych level
Loss of the 1.3423 range floor puts the 1.3407 asian high in play as a retest of the breakout
Close back below the 1.3400 round number, where the 61.8% of the London leg also sits, would mark the Asian-range breakout as a false break
London HH/HL leg now compressing in a 1.3423–1.3434 range.
London cleared the 1.3407 Asian high and ran to a 1.3434 session high, taking cable into the 1.3420–1.3430 resistance zone on a soft USD and pre-BoE GBP demand. For the last two hours price has held a tight range above the 1.3423 range low, sitting on the London trendline. RSI(14) has cooled to about 63 ahead of US ECI.
Support: 1.34232, 1.34073, 1.33979
Resistance: 1.34336, 1.3450
What it said to watch
US ECI at 12:30 UTC (f/c 0.8%) could materially shift this read; a hot print is the main risk to the 1.3423 range low
An M15 close above the 1.3434 session high breaks the range and opens the 1.3450 round number
Failure to hold the 1.3423 range low and the London trendline brings the 1.3407 Asian high into focus, which aligns with the 50% London leg fib
A break of the 1.3398 swing low would undo the London-session higher-low sequence
HH/HL chain since the 05:30 UTC low; London broke the Asian range high, now compressing 1.3423–1.3434.
London cleared the Asian high at 1.3407 and pushed to a 1.3434 session high, pressing the 1.3420-30 resistance on BoE hike bets and a softer USD. Since 10:15 UTC price has compressed between the 1.3423 range low and the session high, RSI(14) easing to the mid-60s. A rising trendline from the 08:15 swing low at 1.3398 sits under the move.
Support: 1.34232, 1.34073, 1.33979
Resistance: 1.34336, 1.3450
What it said to watch
M15 close below the 1.3423 range low breaks the compression and exposes the asian high at 1.3407
Close above the 1.3434 session high opens the 1.3450 psych level
US ECI at 12:30 UTC (f/c 0.8%) could materially shift this read; a hot print fits a stall back toward 1.3390-1.3400
Loss of the 1.3398 swing low and rising trendline, near the 61.8% of the london leg fib, breaks the HH/HL chain
London broke the Asian range high, now a tight 1.3423–1.3434 range.
London cleared the Asian high at 1.3407 and climbed from the 1.3398 London low to a 1.3434 session high, extending GBP's post-Budget, BoE-hike-driven rally. Two tops near 1.3433 have pressed price back to the 1.3423 range floor, with RSI(14) cooling to about 60 and EMA20 near 1.3419 just underneath.
Support: 1.34233, 1.34073, 1.33979
Resistance: 1.34336, 1.3450
What it said to watch
US ECI at 12:30 UTC (f/c 0.8%) could break the 1.3423–1.3434 range either way
M15 close below the 1.3423 range floor puts the 38.2–50% London leg fib (1.3420–1.3416) and the 1.3407 asian high in play
Close above the 1.3434 session high reopens the 1.3450 psych level
Failure to hold the 1.3398 london low would undo the Asian range breakout
Higher highs and higher lows through Asia and London; Asian range broken higher.
London extended the Asia-session advance, clearing the 1.3407 Asian range high and the 1.3413 prior high to a session high at 1.3434. That puts price inside the 1.3420-1.3430 six-week-high zone, with the higher-low chain intact (leg low 1.3398, swing low 1.3424) and RSI(14) near 73. The move is driven by BoE hike pricing and a softer USD.
Support: 1.34236, 1.34127, 1.33979
Resistance: 1.34336, 1.3450
What it said to watch
M15 close below the 1.3424 swing low breaks the higher-low chain and exposes the 1.3413 prior high, which sits at the 61.8% of the London leg
Acceptance above the 1.3434 session high opens the 1.3450 next pivot
US ECI at 12:30 UTC (f/c 0.8%): a hot print could stall the advance at the session high into NY open
Loss of the 1.3398 leg low unwinds the full London leg
11:01 UTC
Uptrend, stalling at session high · RSI 69 · price 1.34299
Asian range break, higher lows through London.
London cleared the 1.3380–1.3407 Asian range and built higher lows to a 1.3433 session high, pressing the six-week-high zone flagged on BoE hike bets and a softer USD. The 10:30 pullback low at 1.3424 held, with RSI(14) near 69 and ATR around 7 pips as the push loses pace under the session high.
Support: 1.3424, 1.3407, 1.3380
Resistance: 1.3433, 1.3450
What it said to watch
US ECI at 12:30 UTC (f/c 0.8%): a hot print fits the digest's GBP/USD stall scenario around 1.3390–1.3400
M15 close above the 1.3433 session high opens the 1.3450 half figure
Break of the 1.3424 pullback low and the London higher-lows line exposes the 1.3407 Asian high
Return below the 1.3380 Asian low negates the range break
Chicago PMI 13:45 UTC and Fed's Daly/Musalem later in NY hours could shift the read
HH/HL chain since London open, trading above the Asian range.
London broke the 1.3407 Asian high and stair-stepped to a 1.3433 session high inside the six-week-high zone, helped by BoE hike bets and a soft USD. A late-London pullback to the 1.3424 pullback low has price pressing the London trendline, with RSI(14) cooled to 67.
Support: 1.34236, 1.34073, 1.33979
Resistance: 1.34329, 1.3450
What it said to watch
US ECI at 12:30 UTC (f/c 0.8%) and Chicago PMI at 13:45 UTC could materially shift this read
M15 close above the 1.3433 session high opens the path to the 1.3450 round number
Sustained trade below the London trendline and the 1.3424 pullback low exposes the 1.3407 Asian high, near the 50% of the rally fib
A break of the 1.3398 London low would unwind the London breakout
10:16 UTC
Uptrend, extended into session high · RSI 77 · price 1.34318
HH/HL chain since 05:15 UTC low; Asian range broken higher.
London opened with a breakout above the 1.3407 asian high, retested it via a dip to the 1.3398 london low, then stepped up in a clean HH/HL chain to a 1.3433 session high. That move clears the 1.3420-1.3430 six-week-high zone on BoE hike bets and a softer USD, with RSI(14) near 77 and price riding the rising support from the 1.3380 Asian low.
Support: 1.34185, 1.34073, 1.33979
Resistance: 1.34329, 1.3450
What it said to watch
US ECI at 12:30 UTC (f/c 0.8%) could materially shift this read; Chicago PMI follows at 13:45 UTC
Failure to hold the 1.3419 swing low breaks the rising support and the intraday HL sequence
An M15 close back below the 1.3407 asian high would mark the breakout as a false break, with the 38.2% fib of the asia-london leg near 1.3413 just above it
Session high at 1.3433 — area to watch for rejection or extension toward the 1.3450 psych level
10:01 UTC
Uptrend, extended into resistance · RSI 77 · price 1.34286
HH/HL chain since Asian low; London broke Asian range high.
London cleared the Asian high at 1.3407 and built a steady HH/HL chain to a session high at 1.3432, with the 1.3418 breakout level holding on the last pullback. GBP firmness on BoE hike bets and a soft USD drove the push. RSI(14) near 77 is hot but not extreme, and price is pressing the 1.3420–1.3430 resistance band mid-London with the rising trendline from the Asian low underneath.
Support: 1.3418, 1.3407, 1.3398
Resistance: 1.3432, 1.3450
What it said to watch
M15 close above the 1.3432 session high opens the 1.3450 round number
Loss of the 1.3418 breakout level and the rising trendline puts the Asian high at 1.3407 / 38.2–50% fib back in play
Break below the 1.3398 london low (61.8% fib) undoes the London higher-low sequence
US ECI at 12:30 UTC (f/c 0.8%) and Chicago PMI at 13:45 UTC could materially shift this read
09:46 UTC
Uptrend, pressing six-week high · RSI 71 · price 1.3429
HH/HL chain since London broke the Asian range high.
London cleared the Asian high at 1.3407 early, set a higher low at 1.3398 and stepped above the 1.3410 swing low to a session high at 1.3429. That puts price into the 1.3420-1.3430 six-week-high resistance on BoE hike bets and a softer USD. RSI(14) near 71 is warm, not stretched, and the rising trendline under the London rally is intact.
Support: 1.3410, 1.3407, 1.3398
Resistance: 1.3429, 1.3450
What it said to watch
M15 close above the 1.3429 session high opens the 1.3450 round number
Close back below the 1.3407 asian high would mark the breakout as a false break
Loss of the 1.3398 higher low breaks the London HH/HL chain and the rising trendline
US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC could materially shift this read during NY hours
London break of Asian range high, HH/HL chain into session high.
London cleared the 1.3407 Asian range high at the open, retested it at 1.3398 (retest low) and has since built higher lows to a 1.3425 session high, now pressing the 1.3420–1.3430 6-week high zone. The move tracks GBP firmness on BoE hike bets and a softer USD. RSI(14) near 67 is firm but not stretched, and the 1.3410 higher low sits on rising support from the 1.3380 Asian low.
Support: 1.34101, 1.33979, 1.3380
Resistance: 1.34245, 1.3430, 1.3450
What it said to watch
M15 close above 1.3430 6-week high opens the 1.3450 psych level
Failure to hold the 1.3410 higher low and rising support breaks the London HH/HL chain
Close back below 1.3398 retest low returns price to the Asian range, with 1.3380 asian low below
Rejection at the 1.3425 session high would leave a stall under the 6-week high
US ECI 12:30 UTC and Chicago PMI 13:45 UTC could materially shift this read during NY hours
London breakout above the Asian range high; higher-low chain building toward 1.3420.
London broke above the Asian high at 1.3407 and cleared the 1.3400 round number. That extends a higher-low line from the 1.3380 early-Asia trough to a 1.3420 session high, with RSI(14) near 67 and not yet stretched. The move tracks GBP firmness on hawkish BoE pricing and a softer USD after US-Iran peace optimism.
Support: 1.34101, 1.34073, 1.3400
Resistance: 1.34197, 1.3430
What it said to watch
M15 close below the 1.3410 swing low breaks the higher-low line and puts the Asian high retest at 1.3407 in play
Loss of the 1.3400 round number back into the Asian range turns the breakout into a false break
Acceptance above the 1.3420 session high opens the next res at 1.3430
US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC could materially shift this read
09:01 UTC
Uptrend, extending in London · RSI 67 · price 1.34139
HH/HL chain off 1.3380 asian low; asian high broken.
London took out the asian high at 1.3407 and printed a session high at 1.3418. The 07:45 UTC dip held a higher swing low at 1.3398, near the 50% fib of the move off the 1.3380 asian low. RSI(14) is around 67, warm but not stretched. Cable is pressing past 1.3400 on a softer USD and BoE hike pricing.
Support: 1.3407, 1.3398, 1.3380
Resistance: 1.3418, 1.3430
What it said to watch
Close back below the 1.3407 asian high would turn the breakout into a false break
Failure to hold the 1.3398 swing low breaks the HL chain and trendline support
Close above the 1.3418 session high opens the 1.3430 socgen level
Loss of the 1.3380 asian low unwinds the overnight leg
US ECI at 12:30 UTC (f/c 0.8%) could materially shift this read
London break above Asian range high, HL chain from 1.3380.
London cleared the Asian high at 1.3407 and set a session high at 1.3418. The move extends a higher-low trendline from the 1.3380 swing low through the 1.3398 London low, with USD softness carrying cable through 1.3400. RSI(14) is near 66, firm but not stretched, and ATR(14) runs about 7.6 pips.
Support: 1.34073, 1.33979, 1.3380
Resistance: 1.34179, 1.3430
What it said to watch
M15 close back below the 1.3407 Asian high would turn the break into a false break
Loss of the 1.3398 London low breaks the higher-low trendline and the HL chain
Close above the 1.3418 session high opens the 1.3430 next res
Retracement depth on the swing low–session high leg: holding the 50% near 1.3399 keeps the structure intact
US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC could materially shift this read
London broke above Asian range, HH/HL chain from 1.3380.
London open broke the Asian high at 1.3407 and pushed to a session high at 1.3415, as a third day of USD softness kept cable bid. The higher lows at 1.3380, 1.3389 and the 1.3398 swing low remain intact. RSI(14) near 67 is firm but not stretched.
Support: 1.3407, 1.3398, 1.3376
Resistance: 1.3415, 1.3450
What it said to watch
M15 close back below the 1.3407 Asian high turns the London breakout into a false break
Failure to hold the 1.3398 swing low, the 50% fib of the 1.3380–1.3415 leg, breaks the higher-lows chain and exposes the 1.3376 Asian low
Acceptance above the 1.3415 session high leaves the 1.3450 round number as the next reference
US ECI at 12:30 UTC (f/c 0.8%) could materially shift this read; a beat revives USD demand
London breakout above Asian range high, retest held.
London cleared the Asian range high at 1.3407 and set a session high at 1.3414. The pullback to the 1.3398 retest low held at the 1.3400 figure, extending the higher-low chain off the 1.3380 Asia low as GBP posts a third day of gains on a softer USD. RSI(14) at about 64 is firm but not stretched.
Support: 1.33979, 1.33887, 1.3380
Resistance: 1.34139, 1.3443
What it said to watch
An M15 close back below the 1.3398 retest low returns price to the Asian range and weakens the breakout read
Loss of the 1.3389 swing low and the higher-low trendline breaks the chain, exposing the 1.3380 Asia low
A close above the 1.3414 session high opens the 1.3430 SocGen level flagged in the digest
US ECI at 12:30 UTC (f/c 0.8%) could materially shift this read; a print of 0.9% or higher points to a renewed USD bid
08:01 UTC
Uptrend, higher lows into early London · RSI 61 · price 1.34056
Asian high broken, pullback holding 1.3400.
London opened with a break of the 1.3407 Asian high to a 1.3413 london high. The pullback held the 1.3400 round number, a 38.2% retrace of the 1.3380–1.3413 leg, keeping the higher-low trendline from the asian low intact. A firm GBP into next week's BoE and a third day of USD losses underpin the move. RSI(14) ~61, not stretched.
Support: 1.3400, 1.33887, 1.3380
Resistance: 1.34127, 1.3430
What it said to watch
M15 close back below the 1.3400 round number puts price back inside the Asian range
Close above the 1.3413 london high opens the path to SocGen's 1.3430 socgen res
Break of the 1.3389 swing low breaks the higher-low trendline; loss of the 1.3380 asian low negates the London breakout
US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC could materially shift this read
Higher lows since Asia; Asian-high break rejected.
Into London open, cable cleared the 1.3407 Asian high to a 1.3413 session high but was rejected straight back to the 1.3400 round number, a false break so far. The climb from the 1.3380 swing low and the 1.3389 higher low reflects a softer USD and firm BoE-hike pricing. RSI(14) is cooling to about 58.
Support: 1.3400, 1.33887, 1.3380
Resistance: 1.34073, 1.34127
What it said to watch
An M15 close back above the 1.3413 session high negates the false-break read
Acceptance below the 1.3400 round number and the fib 61.8% near 1.3393 exposes the 1.3389 higher low and the higher-low line
A break of the 1.3380 swing low ends the Asia higher-low sequence
US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC could materially shift this read
Early-Europe break above Asian range high, HL chain from 1.3380.
Early Europe pushed cable through the Asian high at 1.3407 and the 1.3400 round number, printing a session high at 1.3413. The move extends the higher lows off the 1.3380 Asia low as USD stays soft for a third day. RSI(14) at 67 is firm but not stretched.
Support: 1.34073, 1.3400, 1.33887
Resistance: 1.34127, 1.3430
What it said to watch
M15 close back below 1.3407 asian high would mark the breakout as a false break
Failure to hold the 1.3389 swing low breaks the higher-low chain
Acceptance above the 1.3413 session high opens the 1.3430 res zone flagged in the macro digest
US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC could materially shift this read
Rising lows under a lower-highs cap at the Asian high.
Cable is pressing 1.3400 into the London open after a roughly 107-pip NY rally off the 1.3301 post-GDP low, carried by a softer USD. Asia capped price at the 1.3407 Asian high, with lower highs at 1.3404 and 1.3402, while rising lows at the 1.3380 swing low and the 1.3389 rising low compress the range. RSI(14) is near 61 and ATR(14) is about 5.6 pips.
Support: 1.3389, 1.3380, 1.3376
Resistance: 1.3402, 1.3407
What it said to watch
M15 close above the 1.3407 Asian high breaks the lower-high sequence and the compression
Loss of the 1.3389 rising low, then the 1.3380 swing low, exposes the 1.3376 Asian low
US ECI (12:30 UTC) and Chicago PMI (13:45 UTC) could materially shift this read
Asian range 1.3375–1.3407, descending highs under 1.3400.
The NY rally from 1.3301 ran on a softer USD and US-Iran de-escalation hopes, and it carried into the Asian session. Price peaked at the 1.3407 Asian high, then put in a lower high at 1.3404 and another at 1.3402, with sellers rejecting each push. London opens with price at 1.3395, pinned between that lower high and the 1.3389 intraday low, with the 1.3380 swing low and the 1.3375 Asian low below.
Support: 1.3389, 1.3380, 1.33755
Resistance: 1.34015, 1.34073
What it said to watch
London close above the 1.3407 Asian high breaks the descending-highs sequence
Break below the 1.3380 swing low exposes the 1.3375 Asian low and the 38.2% retrace of the NY rally near 1.3366
US ECI at 12:30 UTC (f/c 0.8%) and Chicago PMI at 13:45 UTC could materially shift this read
Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) are late-session USD risk
06:46 UTC
Sideways after Thursday's NY rally, highs fading · RSI 48 · price 1.33919
Asian range 1.3380–1.3407 with lower highs under 1.3407.
Cable has spent the Asia session capped at the 1.3400 handle on a soft-USD backdrop. The Asian high at 1.3407 is followed by lower highs at 1.3404 and 1.3402, with the latest push rejected at 06:15 UTC. Price sits mid-range near the 50% retracement of the Asian leg, with the swing low at 1.3388 and the Asian low at 1.3380 below, RSI(14) neutral at 48 and ATR(14) at ~5 pips ahead of London open.
Support: 1.3388, 1.3380
Resistance: 1.3402, 1.3407
What it said to watch
M15 close above the 1.3407 Asian high breaks the lower-highs sequence
Loss of the 1.3388 swing low exposes the 1.3380 Asian low; a close below it breaks the Asian range
London open at 07:00 UTC typically expands the Asian range
US ECI at 12:30 UTC (f/c 0.8%) and Chicago PMI at 13:45 UTC could materially shift this read
Asian range 1.3375–1.3407, lower highs into 1.3400 against a higher low.
Late Asia session, about 30 minutes before London open. Cable is holding inside the 1.3375–1.3407 Asian range after Thursday's NY rally from 1.3301 shrugged off the US GDP beat, with a soft USD on US-Iran de-escalation hopes. Asian highs at 1.3407, 1.3404 and 1.3402 are stepping lower into the round number, while the 1.3380 higher low compresses price just beneath 1.3400.
Support: 1.3380, 1.33755
Resistance: 1.34015, 1.34073, 1.3430
What it said to watch
M15 close above the 1.3407 asian high breaks the range and leaves 1.3430 as the next res cited in the digest
Failure to hold the 1.3380 higher low exposes the 1.3375 asian low and breaks the compression
London open in ~30 min typically sets direction out of the Asian range
US ECI at 12:30 UTC (f/c 0.8%) and Chicago PMI at 13:45 UTC could materially shift this read; a hot ECI is the USD-positive risk
Lower highs off the 1.3407 Asian high, holding above 1.3380 swing low.
The post-GDP rally from 1.3301 extended to a 1.3407 Asian high as USD faded on US-Iran de-escalation hopes. It was then rejected at 1.3400–1.3407 and set a lower high at 1.3404, with the pullback holding the 1.3380 swing low near the 23.6% fib. Late Asia session, price sits just above EMA20 under the 1.3395 minor high, RSI(14) neutral at 47.
Support: 1.3380, 1.33755
Resistance: 1.3395, 1.34073
What it said to watch
M15 close above the lower-highs trendline and 1.3407 Asian high ends the pullback read
Failure at the 1.3395 minor high keeps the lower-highs sequence intact
Break of the 1.3380 swing low and 1.3375 Asian low exposes the 38.2% fib near 1.3367
US ECI 12:30 UTC and Chicago PMI 13:45 UTC could materially shift this read
06:01 UTC
Range after Asia spike, drifting sideways · RSI 48 · price 1.33909
Asian range 1.3376–1.3407, lower high at 1.3404, bounce off 1.3380.
Cable spiked to an Asian high at 1.3407 on USD softness and US-Iran de-escalation headlines, then printed a lower high at 1.3404 and faded. Buyers stepped in at the 1.3380 session low, and price sits mid-range at 1.3391 ahead of London open, with RSI(14) neutral near 48.
Support: 1.3380, 1.33755
Resistance: 1.3404, 1.34073
What it said to watch
M15 close above the 1.3404 lower high and the 1.3407 Asian high breaks the Asian range to the upside.
Failure to hold the 1.3380 session low exposes the 1.3376 Asian low and a deeper retrace of the Asian rally.
US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC could materially shift this read during NY hours.
Lower high under 1.3407 asian high, lower lows inside the Asian range.
The post-GDP rally from 1.3301 ran to a 1.3407 asian high as the dollar softened in Asia. Price was rejected there, set a lower high at 1.3404 and has slipped to a 1.3380 pullback low at the 23.6% rally fib. It now sits under EMA20 with RSI(14) near 45, still inside the Asian range ahead of London open.
Support: 1.3380, 1.33755, 1.3361
Resistance: 1.3392, 1.34073
What it said to watch
Close below the 1.3376 asian low breaks the Asian range and exposes the 1.3361 ny base
Reclaim of the 1.3392 shelf and the lower-high trendline reopens the 1.3407 asian high
US ECI (12:30 UTC) and Chicago PMI (13:45 UTC) during NY hours could materially shift this read
Lower highs off the 1.3407 asian high, testing range floor.
Softer dollar lifted cable to a 1.3407 asian high, but a lower high at 1.3404 and a steady fade have retraced ~76% of the 1.3376–1.3407 Asian leg to an intraday low near 1.3380 ahead of London open. RSI(14) ~37 and price below EMA20, with the 1.3390 breakdown shelf now overhead.
Support: 1.3380, 1.33755, 1.3365
Resistance: 1.3390, 1.34039, 1.34073
What it said to watch
M15 close below the 1.3376 asian low breaks the Asian range floor and exposes the 1.3365 ny shelf
M15 close back above the 1.3404 lower high invalidates the fade and puts the 1.3407 asian high back in play
US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC could materially shift this read
Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) on December hike odds
05:16 UTC
Intraday pullback after Asia high, momentum fading · RSI 36 · price 1.33829
Small double top at 1.3404–1.3407, Asian floor broken, lower highs since 01:00 UTC.
Cable printed the Asia high at 1.3407 as the dollar softened on easing Middle East tension. A lower high at 1.3404 and a slip through the Asian floor at 1.3388 complete a small double top. Late Asia, price is probing the 78.6% fib of the Asia rally near 1.3382, holding just above EMA50 with RSI(14) near 36 and the ny swing low at 1.3377 next below.
Support: 1.33772, 1.33731
Resistance: 1.33876, 1.34039, 1.34073
What it said to watch
M15 close back above the 1.3388 asian floor negates the double top break
Failure to hold the 1.3377 ny swing low exposes the 1.3373 rollover low
A break of the lower high at 1.3404 and the asia high at 1.3407 resets the structure to higher highs
London open at 08:00 UTC is due in about 3h and could redefine the session range
US ECI at 12:30 UTC, Chicago PMI at 13:45 UTC and Daly/Musalem late in the day could materially shift this read
Lower high at 1.3404 under the Asia high; price testing the 1.3387 range floor.
Cable pushed to an Asia high of 1.3407 on the softer dollar, but a lower high at 1.3404 was rejected and price has faded to the 1.3387 range floor, right at the 61.8% of the Asia leg fib. RSI(14) is neutral near 49 and ATR(14) is about 5 pips in late Asia, ahead of the London open.
Support: 1.33871, 1.33755, 1.33602
Resistance: 1.34039, 1.34073
What it said to watch
M15 close below the 1.3387 range floor exposes the 1.3376 asia low
Loss of the 1.3376 asia low opens yesterday's 1.3360 ny base
Recovery through the 1.3404 lower high and 1.3407 asia high restores the higher-high sequence
US ECI at 12:30 UTC (f/c 0.8%) and Chicago PMI at 13:45 UTC could materially shift this read
Asian high rejected, lower high, holding range floor.
Asia pushed cable through the 1.3400 round number to a 1.3407 Asian high on the softer dollar. Supply capped it there, and a 1.3404 lower high followed. Price now sits late-Asia on the 1.3388 range floor, at the 61.8% fib of the 1.3376–1.3407 leg, with RSI(14) near 41 and price under EMA20 but above EMA50.
Support: 1.3388, 1.33755, 1.33602
Resistance: 1.3400, 1.34039, 1.34073
What it said to watch
M15 close below the 1.3388 range floor confirms a lower-low and exposes the 1.3376 swing low, then the rising trendline from the 1.3360 NY low
Reclaim of the 1.3400 round number and a close above the 1.3404 lower high reopens the 1.3407 Asian high
London open in ~3h is the first test of the Asian range
US ECI at 12:30 UTC (f/c 0.8%) could materially shift this read
Asian-session range 1.3388–1.3404 after rejection at session high.
Asia pushed cable through 1.3400 to a 1.3407 session high on a softer dollar and BoE hike expectations, but the move was rejected and a second attempt stalled at a 1.3404 lower high. Price is compressing between that lower high and a 1.3388 range floor, which sits on the 61.8% retrace of the session-low rally, with RSI(14) neutral at 44.
Support: 1.33876, 1.33755
Resistance: 1.34039, 1.34073
What it said to watch
M15 close below the 1.3388 range floor (61.8% retrace) exposes the 1.3376 session low
M15 close above the 1.3407 session high breaks the lower-high sequence
London open in ~3h is likely to resolve the Asian range
US ECI at 12:30 UTC (f/c 0.8%) could materially shift this read
04:16 UTC
Uptrend from NY lows, stalling below 1.3400s · RSI 47 · price 1.33908
Asian range 1.3376–1.3407; lower high at 1.3404, compressing above 1.3388.
Cable extended its post-GDP rally to a 1.3407 session high in Asia as the dollar softened, but a second push stalled at a 1.3404 lower high. Price is now coiling between the 1.3388 swing low and 1.3404, sitting on EMA20 with RSI(14) near 47 and the 50% retracement of the Asian rally in play. London open is still ahead.
Support: 1.3388, 1.3376
Resistance: 1.3404, 1.3407, 1.3430
What it said to watch
M15 close above the 1.3407 session high breaks the lower-high sequence and opens SocGen's 1.3430 resistance
Failure to hold the 1.3388 swing low exposes the 1.3376 Asian low and the base of the Asian rally
US ECI at 12:30 UTC (f/c 0.8%) could materially shift this read during NY hours
04:01 UTC
Uptrend, stalling under 1.3400 · RSI 53 · price 1.33923
Lower high under 1.3400, holding the 61.8% retrace.
Cable pushed to an Asian high at 1.3407 as the dollar softened for a third day. The pair was rejected there and printed a lower high at 1.3404, so the 1.3400 handle is capping. Late in the Asia session, pullbacks are holding the fib 61.8 retrace of the Asian leg near 1.3388, with RSI(14) neutral near 53 and price sitting on EMA20.
Support: 1.33876, 1.33755
Resistance: 1.34039, 1.34073
What it said to watch
M15 close above the 1.3404 lower high and the 1.3407 Asian high reopens the leg higher
Failure to hold the fib 61.8 at 1.3388 exposes the Asian low at 1.3376
US ECI at 12:30 UTC could materially shift this read
03:46 UTC
Asia uptrend stalling, pulling back · RSI 49 · price 1.33888
Lower high under 1.3407, testing Asian low.
Asia session lifted cable from the 1.3376 rally base to a 1.3407 session high as the dollar softened. A second push stalled at a 1.3404 lower high and was rejected, putting price back on the 1.3389 asian low, near the 61.8% fib of the leg, with RSI(14) flat near 49 below EMA20.
Support: 1.33887, 1.33755
Resistance: 1.34039, 1.34073
What it said to watch
M15 close below the 1.3389 asian low completes a double top off 1.3404/1.3407 and exposes the 1.3376 rally base
Close above the 1.3407 session high clears the lower-high trendline and resumes the Asia uptrend
US ECI at 12:30 UTC, then Fed's Daly and Musalem, could materially shift this read after London open
Higher lows intact, lower high at 1.3404 after the Asian session high.
Cable printed a 1.3407 session high in Asia as the dollar softened. A second push stalled at a 1.3404 lower high and was rejected back toward the 1.3389 pullback low, with price holding the 50% of the Asian leg and rising support from the NY low intact; RSI(14) is neutral near 56.
Support: 1.33887, 1.33755
Resistance: 1.34039, 1.34073
What it said to watch
M15 close below the 1.3389 pullback low confirms the lower high and exposes the 1.3376 asian low
Close above the 1.3407 session high extends the higher-high chain toward 1.3430
Break of rising support near 1.3385 ends the higher-low sequence
London open in ~3.5h; US ECI at 12:30 UTC and Daly/Musalem later could materially shift this read
HH/HL chain; Asia broke above prior NY high, holding inside Asian range near its top.
Mid-Asia session. Price has carried Thursday's rally off the 1.3301 low higher, clearing the 1.3384 NY high and printing a 1.3407 Asia high. Buyers defended the 1.3389 pullback low on rising support, and price is back testing 1.3400 with RSI(14) near 67. The bid held through firm US GDP while USD stays soft on US-Iran peace hopes and BoE hike pricing.
Support: 1.33887, 1.33843, 1.33755
Resistance: 1.34073, 1.3430
What it said to watch
M15 close above the 1.3407 Asia high extends the breakout and opens the path toward the 1.3430 SocGen level
Failure at 1.3400–1.3407 followed by a break of the 1.3389 pullback low and rising support turns the read into a range back toward the 1.3384 NY high
Loss of the 1.3376 Asia low breaks the HL sequence
US ECI at 12:30 UTC and Daly/Musalem from 16:00 UTC could materially shift this read
Higher lows since the 1.3301 NY low; tight range below the Asia high.
Asia extended the post-ECB NY rally from the 1.3376 asia low to a 1.3407 asia high, helped by hawkish BoE pricing and softer USD safe-haven demand. Rejection at that high pulled price back to a 1.3389 pullback low, near the 61.8% level of the Asia leg fib, and price is now compressing at 1.3390–1.3397. The rising lows line from the 1.3360 ny low is intact; RSI(14) is near 65 and ATR(14) about 6 pips.
Support: 1.3389, 1.3376, 1.3360
Resistance: 1.3407, 1.3430
What it said to watch
M15 close above the 1.3407 asia high puts the 1.3430 socgen res in view
Failure to hold the 1.3389 pullback low exposes the 1.3376 asia low and the rising lows line
A break below the 1.3360 ny low would end the higher-low chain
US ECI at 12:30 UTC, then Daly and Musalem at 16:00–16:30 UTC, could materially shift this read
Higher highs and higher lows since the NY low; Asia high rejected, shallow pullback holding.
Cable bottomed at 1.3301 after the US GDP/PCE release and climbed through NY. Asia extended the rally to a session high of 1.3407 on BoE hike pricing and a softer USD, then saw a rejection back under the 1.3400 psych level. Price is now holding a tight base just above the 1.3389 pullback low, with rising support and the 1.3376 swing low below and RSI(14) neutral near 59.
Support: 1.3389, 1.3376, 1.3366
Resistance: 1.3400, 1.3407
What it said to watch
M15 close back above the 1.3407 session high resumes the higher-high chain toward the 1.3430 area
Break of the 1.3389 pullback low and rising support exposes the 1.3376 swing low; losing that ends the higher-low sequence
A deeper pullback toward the fib 38.2 at 1.3366 would put it near the 1.3365-1.3385 zone flagged in the macro read
US ECI at 12:30 UTC and Fed's Daly/Musalem later could materially shift this read
Higher highs and higher lows since the post-GDP low at 1.3301; Asia set a new session high, then pulled back and is holding.
Cable extended in the Asia session to a session high at 1.3407 as BoE hike pricing kept GBP bid and USD softened. Price was rejected back below the 1.3400 round number, and the pullback low at 1.3389 is holding near the 61.8% retracement of the leg from the Asia low at 1.3376. The rising lows trendline from late NY sits just underneath.
Support: 1.33887, 1.33755
Resistance: 1.3400, 1.34073, 1.3430
What it said to watch
M15 close above the 1.3407 session high resumes the higher-high chain, with next resistance at 1.3430
Failure to hold the 1.3389 pullback low exposes the 1.3376 Asia low and the rising lows trendline
US ECI at 12:30 UTC (f/c 0.8%), then Chicago PMI and Fed's Daly/Musalem, could materially shift this read
London open in about 4.5h is the first test of whether the Asian range around 1.3376–1.3407 holds
HH/HL chain intact; Asia retesting the broken NY-session high.
Mid-Asia session, the rally off the post-US GDP low at 1.3301 cleared the 1.3390 NY high and tagged the 1.3407 asia high, where a rejection pulled price back below the 1.3400 psych level. The dip held 1.3389 near the 61.8% fib, a retest of the prior high, with RSI(14) at 59 and off its peak. BoE hike pricing and a softer USD in Asia are behind the leg.
Support: 1.3389, 1.3376, 1.3360
Resistance: 1.3400, 1.3407
What it said to watch
M15 close back below the 1.3389 prior high fails the retest and exposes the 1.3376 asian low
A break of the rising lows line from the 1.3360 ny low ends the HH/HL chain
A clean break above the 1.3400 psych level and the 1.3407 asia high opens 1.3430 resistance
US ECI at 12:30 UTC, then Fed's Daly and Musalem later today, could materially shift this read
02:01 UTC
Uptrend, stalling at 1.3400 · RSI 57 · price 1.33918
HH/HL chain from 1.3301; Asia rejection at 1.3407.
Cable extended the post-ECB rally from 1.3301 in the Asia session as the dollar slipped on fading Dec-hike odds. It cleared the 1.3384 ny high and tagged a 1.3407 session high, then saw a sharp rejection back under the 1.3400 round number. Price now holds the 1.3389 pullback low near the 50% of the leg from the 1.3376 asian low, with RSI(14) cooled to ~57.
Support: 1.3389, 1.3384, 1.3376
Resistance: 1.3400, 1.3407
What it said to watch
M15 close back above the 1.3407 session high resumes the HH chain toward 1.3430
Failure to hold the 1.3389 pullback low exposes the 1.3384 ny high, then the 1.3376 asian low and the rising lows line
Repeated closes below the 1.3400 round number mark the Asia push as a false break
US ECI 12:30 UTC and Fed's Daly/Musalem later today could reset the USD leg of this read
Higher lows since the NY low at 1.3301; Asian push through 1.3400 rejected.
Cable has climbed about 107 pips from the 1.3301 NY low as the dollar slipped through Lagarde's presser and BoE hike bets held. Early Asia session spiked through the 1.3400 psych level to a 1.3407 Asia high, then saw a 1-bar rejection back to 1.3390.
Support: 1.33755, 1.3366, 1.3360
Resistance: 1.3400, 1.34073
What it said to watch
M15 close back above the 1.3407 Asia high reopens the digest's 1.3430 cap
Failure to hold the 1.3376 Asia low breaks the rising support line and exposes the 38.2% fib near 1.3366 and the 1.3360 NY base
US ECI at 12:30 UTC (f/c 0.8%) could materially shift this read
01:31 UTC
Uptrend, pausing at 1.3400 · RSI 64 · price 1.33994
Higher lows since Thursday NY; Asia session broke prior highs.
Early Asia session extended Thursday's post-Lagarde rally, with GBP outperforming on BoE hike bets. Price cleared the 1.3390 prior high to a session high at 1.3407 and is now stalling just under 1.3400. Higher lows from the 1.3360 NY low through the 1.3376 swing low remain intact, and RSI(14) near 64 is warm but not stretched.
Support: 1.3390, 1.33755, 1.33602
Resistance: 1.34073, 1.3430
What it said to watch
Close back below the 1.3390 prior high turns the break above it into a false break
Failure to hold the 1.3376 swing low ends the higher-low chain and the rising trendline
Clean push through the 1.3407 session high opens the 1.3430 socgen cap
US ECI at 12:30 UTC, then Daly and Musalem, could materially shift this read
01:16 UTC
Uptrend, pressing 1.3400 in Asia · RSI 72 · price 1.34017
HH/HL chain since the US GDP low at 1.3301, fresh break above 1.3400.
Cable has carried the post-GDP rally from 1.3301 into the Asia session, with higher lows at the 1.3360 NY pullback and the 1.3376 swing low. The pair is now just above the 1.3400 round number after printing a session high at 1.3406, and RSI(14) at 72 is warm but not stretched.
Support: 1.3400, 1.33755, 1.33602
Resistance: 1.34061
What it said to watch
M15 close back below the 1.3400 round number would mark the break as a false break
Failure to hold the 1.3376 swing low and the rising support line breaks the HH/HL chain
US ECI at 12:30 UTC Fri (f/c 0.8%) could materially shift this read
01:01 UTC
Uptrend, higher highs into Asia · RSI 69 · price 1.33949
HH/HL chain from the 1.3301 post-data low, pressing 1.3400.
The NY rally off the 1.3301 low that followed the US GDP data has carried into early Asia. A higher-low chain from the 1.3360 swing low and the 1.3376 Asia low has printed a session high at 1.3396, just under the 1.3400 round number. GBP outperformance into the BoE has absorbed Thursday's strong US data. RSI(14) near 69 is hot but not extreme.
Support: 1.33755, 1.33602
Resistance: 1.3396, 1.3400, 1.3430
What it said to watch
M15 close above the 1.3400 round number opens the 1.3430 next res
Break of the 1.3376 Asia low cuts the higher-low trendline and the HH/HL chain
Loss of the 1.3360 swing low, the 38.2% fib, ends the intraday uptrend read
US ECI at 12:30 UTC and Fed's Daly and Musalem later could materially shift this read
00:46 UTC
Uptrend, pressing highs · RSI 67 · price 1.33898
Higher lows since NY low, new session high in Asia.
Cable shrugged off the US GDP beat. It rallied from the 1.3301 post-data low after the ECB hold, cleared the 1.3384 NY high late in the day and printed a new session high at 1.3391 in early Asia. Higher lows at the 1.3360 ny range low and the 1.3376 swing low keep the rising support intact. Price is now pressing the 1.3400 round number with RSI(14) near 67, firm but not stretched.
Support: 1.33755, 1.33602
Resistance: 1.33913, 1.3400, 1.3443
What it said to watch
Rejection at the 1.3391 session high / 1.3400 round number would leave an intraday double test of the highs
M15 close above 1.3400 opens the path to the 1.3430 next res level
Break below the 1.3376 swing low breaks the rising support and the higher-low chain, exposing the 1.3360 ny range low
US ECI at 12:30 UTC and Fed's Daly/Musalem later Friday could materially shift this read
00:31 UTC
Uptrend, consolidating near highs · RSI 61 · price 1.33839
Higher highs and higher lows since the NY reversal; tight early-Asia range below 1.3390.
Cable recovered from the 1.3301 NY low after the US data dump. It ignored the GDP beat as GBP outperformed into the BoE and stepped up through late NY to a 1.3390 session high. Early Asia is holding a higher low at 1.3376 above the rising trendline from the 1.3360 swing low, with ATR compressed to under 5 pips.
Support: 1.33755, 1.33602
Resistance: 1.33897, 1.3400
What it said to watch
M15 close above the 1.3390 session high opens the 1.3400 round number
Loss of the 1.3376 asian low and the rising trendline exposes the 1.3360 swing low and breaks the higher-low chain
US ECI at 12:30 UTC, then Fed's Daly and Musalem, could materially shift this read
Higher-low sequence intact; early Asia range 1.33755–1.33897 inside the post-NY advance.
Cable whipsawed on the US GDP/PCE release to a 1.3301 low, then ran about 90 pips through NY as the ECB hold weighed on EUR. Early Asia session pushed above the ny high to an asia high at 1.33897, short of the 1.3400 round number, and has pulled back to hold the asia low at 1.33755 with RSI(14) neutral near 55.
Support: 1.33755, 1.33731, 1.33602
Resistance: 1.33843, 1.33897, 1.3400
What it said to watch
A close below the 1.33755 asia low and the 1.33731 rollover low would break the higher-low chain and expose the 1.3360 ny low near the 38.2% fib
A close above the 1.33897 asia high reopens the 1.3400 round number
Holding back above the 1.33843 ny high keeps the Asia pullback shallow
US ECI at 12:30 UTC Friday could reprice USD and override the Asia range read
00:01 UTC
Uptrend, pausing in early Asia · RSI 47 · price 1.33786
Higher lows from 1.3301; pullback testing the late-NY 1.3380 breakout area.
Cable climbed about 90 pips off the 1.3301 post-data low after the ECB hold hit EUR, shrugging off the US GDP beat. Late NY broke above the 1.3360 ny low base, and early Asia printed a 1.3390 asia high before easing to 1.3378. RSI(14) is neutral near 47 and price is sitting on EMA20 as the pullback tests the asia low.
Support: 1.33769, 1.33731, 1.33602
Resistance: 1.33897, 1.3400
What it said to watch
M15 close below the 1.3373 rollover low exposes the 1.3369 23.6% fib and the 1.3360 ny low
Close above the 1.3390 asia high puts the 1.3400 psych level in play
US ECI at 12:30 UTC Friday could materially shift this read