GBPAUD Asia briefing — 2026-05-12

BIAS BEARISH — D1 structure + aligned H4/H1 EMA confirm downtrend; RSI neutral supports continuation without upside momentum. KEY LEVELS R: 1.88, 1.885, 1.89574 | S: 1.875, 1.87322, 1.87 NEWS 🟡 Westpac Consumer Confidence (AUD) 00:30 UTC 🟡 NAB Business Conditions/Confidence (AUD) 01:30 UTC SESSION OUTLOOK Weak AUD data could extend selloff toward 1.875. Watch Westpac print for catalyst; neutral RSI suggests bears need confirmation before acceleration. PRO UNLOCKS Entry 1.8750, SL 1.8890, TP1 1.8732, TP2 1.8700 — FVG zone 1.8765–1.8745 |

Key Levels

R: 1.88000 · 1.88500 · 1.89574

S: 1.87500 · 1.87322 · 1.87000