19:02 UTC
Matured uptrend, now range-bound · RSI 44 · price 1.32982
Broad 2026 range, lower highs.
The 2025 rally from 1.2249 topped at 1.3888 in early 2026 and has since settled into a broad range roughly 1.3100-1.3690, with 2026 carving lower highs. Price at 1.3298 sits in the lower half of that range and below both W1 EMA20 and EMA50, holding near the 38.2% retracement of the 2025 advance. The BoE's hawkish 6-3 hold offered support but Bailey's pushback capped Sterling, leaving cable a USD story into this week's ISM and payrolls.
Support: 1.3190, 1.3100
Resistance: 1.3460, 1.3690, 1.3888
What it said to watch
- Weekly close below 1.3100 psych confirms a lower low and range break
- Weekly close above 1.3460 swing high reopens the range top near 1.3690
- US ISM and payrolls this week are the near-term USD catalyst for this range