Daily GBPUSD analysis
GBPUSD on Monday 31 August 2026
London: Asia high broke, no trade. New York: no setup.
Asia box12.5 pips
1.35351 to 1.35476
1.35351 to 1.35476
Day range29.4 pips
1.35351 to 1.35645
1.35351 to 1.35645
Change+9.7 pips
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.
- Back inside the box by London open
- Asia high tested 6 times
- Frankfurt only nibbled the high (1.3 pips)
- Reclaimed to the middle of the box at 08:00
- 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
Mixed or no sweepNeither side of the Asia box was taken in the window. No trade.
- Neither side was taken
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.