Daily GBPUSD analysis
GBPUSD on Tuesday 6 October 2026
London: buy +2R. New York: Asia high broke, no trade.
1.32134 to 1.32319
1.32024 to 1.32852
London · 08:00 to 10:30 UK
Trade day tellsBuy setup at 08:10 hit the target: +2R.
Buy 1.32202, stop 1.32110 (9.2 pips), target 1.32446 (2R).
- Back inside the box by London open
- Frankfurt flushed the Asia low by 11 pips
- London held a higher low and turned at 08:10
- Reclaimed to the middle of the box at 08:15
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 44.8 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.