GBPAUD London briefing — 2026-06-02

BIAS BEARISH. EMA H4/H1 aligned downtrend; D1 structure confirms lower bias; RSI neutral avoids overbought trap. KEY LEVELS R: 1.88, 1.885, 1.891 | S: 1.875, 1.87, 1.85392 NEWS 🟡 Consumer Credit (GBP) 08:30 UTC 🟡 M4 Money Supply MoM/YoY (GBP) 08:30 UTC SESSION OUTLOOK UK data at 08:30 could trigger volatility; watch rejection at 1.88 for continuation lower. Support hold at 1.875 critical. PRO UNLOCKS Entry/SL/TP, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro.

Key Levels

R: 1.88000 · 1.88500 · 1.89100

S: 1.87500 · 1.87000 · 1.85392