Daily GBPUSD analysis
GBPUSD on Monday 17 August 2026
London: Asia high broke, no trade. New York: Asia high broke, no trade.
1.35433 to 1.35566
1.35373 to 1.35715
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 only nibbled the high (3.3 pips)
- London pushed past Frankfurt’s high at 08:15
- Old high retested and held at 09:45
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.
- 9 closes beyond the high
- Ran 12.5 pips beyond
- Asia high tested 5 times
- Old high retested and held at 13:05
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.