Daily GBPUSD analysis
GBPUSD on Wednesday 5 August 2026
London: Asia high broke, no trade. New York: Asia high broke, no trade.
1.34450 to 1.34600
1.34450 to 1.34864
London · 08:00 to 10:30 UK
No trade tellsThe Asia high broke and price kept going. A breakout, not a trap, so no trade.
- Still beyond the level at London open
- Frankfurt flushed the Asia high by 7.8 pips
- London pushed past Frankfurt’s high at 09:00
- Old high retested and held at 09:05
New York · 13:00 to 15:30 UK
No trade tellsThe Asia high broke and price kept going. A breakout, not a trap, so no trade.
- Already 19.4 pips past the Asia high
How to read this
Each morning we mark the Asia box (00:00 to 06:00 UK) and watch what London and New York do with its high and low. A quick raid that comes straight back inside is a liquidity sweep we can trade back the other way. Price that keeps closing beyond the level is a breakout we leave alone. The full rules are in the Asia range strategy guide.
Prices: Yahoo Finance GBPUSD 5 minute bars (indicative, can differ from your broker by a pip or so). The rules are applied mechanically and are not a signal or advice.