GBPAUD London briefing — 2026-07-31

BIAS NEUTRAL. RSI sits at midpoint (50.22), H1/H4 EMAs diverge, and D1 structure lacks conviction—bearish thesis unsupported by momentum confluence. KEY LEVELS R: 1.915, 1.92, 1.93559 | S: 1.91, 1.905, 1.90025 NEWS CFTC AUD NC Net Positions 🟡 Fri 31 Jul 19:30 UTC CFTC GBP NC Net Positions 🟡 Fri 31 Jul 19:30 UTC SESSION OUTLOOK London opens into low-impact CFTC data. Watch 1.91 support hold; breaks below expose 1.905. Resistance 1.915 caps upside until momentum clarifies.

Key Levels

R: 1.91500 · 1.92000 · 1.93559

S: 1.91000 · 1.90500 · 1.90025