GBPAUD Asia briefing — 2026-06-03

BIAS BEARISH. H4/H1 EMA alignment + D1 bearish structure confirm downside bias; RSI neutral (48.68) avoids overbought exhaustion. KEY LEVELS R: 1.88, 1.885, 1.891 | S: 1.875, 1.87, 1.85392 NEWS 🔴 AUD GDP QoQ/YoY – Wed 03 Jun, 01:30 UTC 🟡 GBP PMI Composite – Wed 03 Jun, 08:30 UTC SESSION OUTLOOK AUD data drops mid-session; watch GBP reaction at 08:30. Weak GDP supports bear structure; test 1.875 support first. PRO UNLOCKS Entry 1.876, SL 1.892, TP1 1.871, TP2 1.85, liquidity sweep 1

Key Levels

R: 1.88000 · 1.88500 · 1.89100

S: 1.87500 · 1.87000 · 1.85392