GBPAUD London briefing — 2026-08-05

BIAS NEUTRAL — D1 bullish structure conflicts with H4/H1 bearish EMAs; RSI neutral. Mixed signals warrant caution. KEY LEVELS R: 1.915, 1.92, 1.93167 | S: 1.91, 1.905, 1.90025 NEWS 🟡 S&P Global Composite/Services PMI (GBP) — Wed 08:30 UTC [LOW impact] 🟡 Exports MoM (AUD) — Thu 01:30 UTC [MEDIUM impact] SESSION OUTLOOK London open may test 1.915 resistance on PMI reaction. Watch for direction confirmation into mid-session; weak prints could trigger pullback to support zone.

Key Levels

R: 1.91500 · 1.92000 · 1.93167

S: 1.91000 · 1.90500 · 1.90025