GBPAUD London briefing — 2026-05-15

BIAS BEARISH. D1 structure dominates; H4 EMA confirms downside despite H1 neutrality and mid-range RSI. KEY LEVELS R: 1.87, 1.875, 1.89574 | S: 1.865, 1.86, 1.85392 NEWS 🟡 CFTC AUD NC Net Positions (Fri 19:30 UTC) — LOW impact 🟡 CFTC GBP NC Net Positions (Fri 19:30 UTC) — LOW impact SESSION OUTLOOK London open may test support 1.865 as sellers lean into D1 weakness. Watch for breakdown below 1.86 to confirm continuation. PRO UNLOCKS [Entry, SL, TP1, TP2, FVG, liquidity sweep, Fibonacci — unlock Pro]

Key Levels

R: 1.87000 · 1.87500 · 1.89574

S: 1.86500 · 1.86000 · 1.85392