GBPAUD London briefing — 2026-05-14

BIAS BEARISH — H4/H1 aligned bearish; D1 structure confirms downside; RSI neutral doesn't contradict lower timeframes. KEY LEVELS R: 1.865, 1.87, 1.89574 | S: 1.8602, 1.86, 1.855 NEWS 🟡 NIESR GDP (11:00 UTC) 🟡 BoE Pill Speech (15:15 UTC) SESSION OUTLOOK London opens into mild GBP data. Pill speech at NY overlap could trigger volatility. Watch 1.865 resistance rejection to confirm bearish continuation toward 1.86 support. PRO UNLOCKS Entry 1.8635 | SL 1.8685 | TP1 1.8602 | TP2 1.855 | FVG 1.8645–1.8665 | Liquidity

Key Levels

R: 1.86500 · 1.87000 · 1.89574

S: 1.86020 · 1.86000 · 1.85500