GBP 7D low market structure screenshot
GBP / 7D low update Oct 14, 13:05

GBP drops to new 7‑day low but stays above 30‑day support

GBP touched a new 7‑day low at 1.3190, edging below the prior 7‑day extreme of 1.3193. The move stayed above the 30‑day level of 1.3177, indicating a reclaim of that support rather than a breakdown. This suggests the short‑term dip may be a continuation within the broader range.

Old 7D low
1.3193
New 7D low
1.319
Move
0.02%
30D / YTD
1.3177 / n/a
What changed
  • New 7‑day low formed at 1.3190, slightly below the prior 7‑day extreme of 1.3193.
  • Price remained above the 30‑day level of 1.3177, reclaiming that support after the dip.
  • The move suggests a short‑term continuation rather than a break of broader trend.