Daily GBPUSD analysis
GBPUSD on Friday 21 August 2026
London: buy setup. New York: Asia high broke, no trade.
1.36372 to 1.36554
1.36192 to 1.36754
London · 08:00 to 10:30 UK
Trade day tellsBuy setup at 09:25, but the limit never filled. No trade.
Buy 1.36449, stop 1.36349 (10 pips), target 1.36694 (2R).
- Rejected on the same candle
- Strong candle back the other way at 09:25
- Reclaimed to the middle of the box at 09:25
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.
- 2 closes beyond the high
- Old high retested and held at 13:15
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.