GBPAUD London briefing — 2026-08-06

BIAS BEARISH. H4 EMA bearish, RSI neutral at 48.37, D1 structure neutral—downside bias supported by higher-timeframe trend despite mixed signals. KEY LEVELS R: 1.915, 1.92, 1.93167 | S: 1.91, 1.905, 1.90025 NEWS 🟡 S&P Global Construction PMI (GBP) Thu 08:30 UTC SESSION OUTLOOK London opens with PMI data risk. Watch reaction at 1.915; break below 1.91 targets support cluster. Neutral H1 EMA suggests intraday consolidation possible.

Key Levels

R: 1.91500 · 1.92000 · 1.93167

S: 1.91000 · 1.90500 · 1.90025