GBPAUD Asia briefing — 2026-05-08

BIAS BEARISH — D1 structure dominates; H4 confirms downtrend despite neutral H1 RSI. KEY LEVELS R: 1.885, 1.89, 1.89654 | S: 1.88, 1.875, 1.87383 NEWS 🟡 Halifax House Prices MoM/YoY (Fri 06:00 UTC) — low impact GBP catalyst 🟡 CFTC AUD NC Positions (Fri 19:30 UTC) — low impact SESSION OUTLOOK Asia session tests 1.88 support; watch for breakdown confirmation below. Halifax data pre-ASIA unlikely to shift pairs materially. PRO UNLOCKS Entry 1.8795, SL 1.8920, TP1 1.8710, TP2 1.8640, FVG 1.8820–1.8845,

Key Levels

R: 1.88500 · 1.89000 · 1.89654

S: 1.88000 · 1.87500 · 1.87383