AUDUSD London briefing — 2026-10-20

BIAS BULLISH. H4 and H1 fair value gaps drive upside continuation despite divergent EMAs and bearish D1 structure. KEY LEVELS R: 0.7, 0.705, 0.71188 | S: 0.695, 0.69, 0.68956 NEWS 🟡 ADP Employment Change 4-week average (USD) 12:15 UTC 🟡 Building Permits (MoM) (USD) 12:30 UTC SESSION OUTLOOK Watch London open reaction to FVG zones. USD data at noon may test bullish conviction; hold above 0.695 if sustained.

Key Levels

R: 0.70000 · 0.70500 · 0.71188

S: 0.69500 · 0.69000 · 0.68956