GBPAUD Asia briefing — 2026-05-19

BIAS BEARISH. D1 structure neutral, but H4/H1 divergence favors downside pressure into resistance rejection zone. KEY LEVELS R: 1.875, 1.88, 1.89527 | S: 1.87, 1.865, 1.85392 NEWS 🔴 RBA Meeting Minutes – Tue 01:30 UTC 🟡 Westpac Consumer Confidence – Tue 00:30 UTC 🟡 Average Earnings Excluding Bonus (GBP) – Tue 06:00 UTC SESSION OUTLOOK RBA minutes may weaken AUD if dovish; watch 1.875 rejection. Earnings data post-Asia could trigger volatility into London open. PRO UNLOCKS Entry 1.8720, SL 1.8790, TP1 1.8650, TP2 1.8540 |

Key Levels

R: 1.87500 · 1.88000 · 1.89527

S: 1.87000 · 1.86500 · 1.85392