Daily GBPUSD analysis
GBPUSD on Friday 23 October 2026
London: Asia low broke, no trade. New York: buy -1R.
1.33886 to 1.34078
1.33610 to 1.34078
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.
- Still beyond the level at London open
- The Asia low was flushed by 7.5 pips before London
- London pushed past the early raid’s low at 08:00
- Old low retested and held at 09:15
New York · 13:00 to 15:30 UK
No trade tells1pm break and retest buy setup at 13:20 was stopped out: -1R.
Buy 1.33676, stop 1.33629 (4.8 pips), target 1.33886 (3.11R, the Asia low): -1R.
- Already 18.5 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.