Daily GBPUSD analysis
GBPUSD on Wednesday 21 October 2026
London: sell -1R. New York: Asia high broke, no trade.
1.33704 to 1.33785
1.33643 to 1.34032
London · 08:00 to 10:30 UK
Mixed or no sweepSell setup at 08:00 was stopped out: -1R.
Sell 1.33754, stop 1.33854 (10 pips), target 1.33338 (3R): -1R.
- Tight Asia box (8.1 pips)
- Back inside the box by London open
- The Asia high was flushed by 7.5 pips before London
- Reclaimed to the middle of the box at 08:00
- London pushed past the early raid’s high at 08:55
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.
- Tight Asia box (8.1 pips)
- Already 17.3 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.