Daily GBPUSD analysis
GBPUSD on Thursday 6 August 2026
London: buy -1R. New York: Asia high broke, no trade.
1.34580 to 1.34722
1.34465 to 1.34798
London · 08:00 to 10:30 UK
Mixed or no sweepBuy setup at 08:10 was stopped out: -1R.
Buy 1.34609, stop 1.34554 (5.5 pips), target 1.34780 (2R).
- Back inside the box by London open
- Asia low tested 4 times
- Frankfurt only nibbled the low (2.5 pips)
- Reclaimed to the middle of the box at 09:40
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.
- 3 closes beyond the high
- Asia high tested 4 times
- Old high retested and held at 14:50
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.