Daily GBPUSD analysis
GBPUSD on Friday 2 October 2026
London: sell -1R. New York: Asia high broke, no trade.
1.31824 to 1.32125
1.31824 to 1.32559
London · 08:00 to 10:30 UK
No trade tellsSell setup at 08:00 was stopped out: -1R.
Sell 1.32120, stop 1.32147 (2.7 pips), target 1.31955 (3.05R).
- Still beyond the level at London open
- Asia high tested 8 times
- Frankfurt flushed the Asia high by 7 pips
- Old high retested and held at 08:15
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.
- 24 closes beyond the high
- Ran 34.7 pips beyond
- Asia high tested 13 times
- Old high retested and held at 14:10
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.