Daily GBPUSD analysis
GBPUSD on Thursday 29 October 2026
London: Asia low broke, no trade. New York: sell -1R.
1.33028 to 1.33362
1.32960 to 1.33902
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.
- 2 closes beyond the low
- Old low retested and held at 09:25
New York · 13:00 to 15:30 UK
Trade day tells1pm break and retest sell setup at 13:15 was stopped out: -1R.
Sell 1.33176, stop 1.33233 (5.7 pips), target 1.32945 (3R): -1R.
- Rejected on the same candle
- Strong candle back the other way at 13:20
- Reclaimed to the middle of the box at 13:25
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.