Daily GBPUSD analysis
GBPUSD on Monday 12 October 2026
London: sell setup. New York: Asia low broke, no trade.
1.32312 to 1.32524
1.32029 to 1.32610
London · 08:00 to 10:30 UK
Trade day tellsSell setup at 08:00, but the limit never filled. No trade.
Sell 1.32520, stop 1.32620 (10 pips), target 1.32076 (3.73R, the previous day low).
- Still beyond the level at London open
- The Asia high was flushed by 8.6 pips before London
- Reclaimed to the middle of the box at 08:25
- London held a lower high and turned at 09:05
New York · 13:00 to 15:30 UK
No trade tellsThe Asia low broke and price kept going. A breakout, not a trap, so no trade.
- 6 closes beyond the low
- Asia low tested 5 times
- Old low retested and held at 13:30
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.