GBPAUD London briefing — 2026-08-07

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI neutral at 47.32 avoids overbought rejection; D1 structure permits lower moves. KEY LEVELS R: 1.915, 1.92, 1.93167 | S: 1.91, 1.905, 1.90025 NEWS 🟡 CFTC AUD NC Net Positions – Fri 19:30 UTC (low impact) 🟡 CFTC GBP NC Net Positions – Fri 19:30 UTC (low impact) SESSION OUTLOOK London opens into mild data. Watch 1.915 resistance rejection; break below 1.91 confirms downside momentum into support cluster.

Key Levels

R: 1.91500 · 1.92000 · 1.93167

S: 1.91000 · 1.90500 · 1.90025