The analysis focuses on GBPUSD and DXY, with GBPUSD testing resistance at 1.3580. A daily close above could open higher targets around 1.3618 and 1.37. The speaker notes the trading range from August to September, emphasizing chopiness. The DXY is breaking below 97.70, leading to an expected move lower towards 96.689. The presenter highlights poor lows in the DXY chart, suggesting open trading range business to the downside, contingent on the DXY closing below 97.70 on the weekly chart.