Daily GBPUSD analysis
GBPUSD on Wednesday 7 October 2026
London: Asia low broke, no trade. New York: Asia low broke, no trade.
Asia box25.5 pips
1.32463 to 1.32718
1.32463 to 1.32718
Day range77.2 pips
1.31945 to 1.32718
1.31945 to 1.32718
Change-55.4 pips
London · 08:00 to 10:30 UK
No trade tellsThe Asia low broke and price kept going. A breakout, not a trap, so no trade.
- Back inside the box by London open
- Asia low tested 6 times
- Frankfurt only nibbled the low (3 pips)
- London pushed past Frankfurt’s low at 08:50
- Old low retested and held at 09:00
New York · 13:00 to 15:30 UK
No trade tellsThe Asia low broke and price kept going. A breakout, not a trap, so no trade.
- Already 34.8 pips past the Asia low
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.