GBPAUD London briefing — 2026-05-13

BIAS BEARISH. D1 structure aligned with H4/H1 bearish EMAs; RSI neutral supports downside continuation from resistance rejection. KEY LEVELS R: 1.87, 1.875, 1.89574 | S: 1.86848, 1.865, 1.86 NEWS 🟡 NIESR GDP Estimate (Wed 11:00 UTC) 🟡 BoE Mann Speech (Wed 15:00 UTC) 🟡 RICS Housing Balance (Wed 23:01 UTC) SESSION OUTLOOK Mann speech mid-session may spark volatility. Watch 1.87 resistance rejection; break below 1.86848 targets 1.865 support zone. PRO UNLOCKS Entry 1.8695, SL 1.8762, TP1 1.8648, TP2 1.860 | FVG

Key Levels

R: 1.87000 · 1.87500 · 1.89574

S: 1.86848 · 1.86500 · 1.86000