GBPAUD Asia briefing — 2026-05-07

BIAS BEARISH — D1 structure bearish; H4/H1 EMAs aligned downside; RSI 38 supports weakness. KEY LEVELS R: 1.88, 1.885, 1.89654 | S: 1.875, 1.87383, 1.87 NEWS 🔴 Trade Balance (MoM) Thu 01:30 UTC 🟡 Exports (MoM) Thu 01:30 UTC 🟡 Imports (MoM) Thu 01:30 UTC SESSION OUTLOOK AUD data cluster at 01:30 UTC may trigger volatility. Watch support holds into Asia close; weakness favors lower targets. PRO UNLOCKS Entry 1.8765 | SL 1.8895 | TP1 1.8738 | TP2 1.8700 | FVG 1.876–

Key Levels

R: 1.88000 · 1.88500 · 1.89654

S: 1.87500 · 1.87383 · 1.87000