GBPAUD London briefing — 2026-06-05

BIAS NEUTRAL. Daily structure bearish, but H4/H1 EMAs bullish and RSI neutral at 64.85—conflicting signals warrant caution. KEY LEVELS R: 1.891, 1.89, 1.885 | S: 1.88079, 1.875, 1.88 NEWS 🔴 BoE Governor Bailey speech 18:00 UTC 🟡 BoE's Dhingra speech 13:40 UTC 🟡 CFTC AUD NC Net Positions 19:30 UTC SESSION OUTLOOK London opens with medium vol ahead of Dhingra. Bailey speech at close could spike GBP—watch 1.885 resistance and 1.88 support for volatility pivots. PRO UNLOCKS Institutional entry zones, SL placement, TP clusters, FVG sweeps, liquidity traps—unlock with Pro

Key Levels

R: 1.88500 · 1.89000 · 1.89100

S: 1.88000 · 1.87500 · 1.86079