GBPAUD London briefing — 2026-08-17

BIAS BEARISH. H4/H1 EMAs aligned downside; RSI at 30 signals oversold bounce risk but structure remains lower. KEY LEVELS R: 1.905, 1.91, 1.92581 | S: 1.9013, 1.9, 1.895 NEWS 🟡 Westpac Consumer Confidence (AUD) — Tue 00:30 UTC 🟡 Average Earnings excl./incl. Bonus (GBP) — Tue 06:00 UTC SESSION OUTLOOK London open may test resistance at 1.905. Watch GBP earnings data (Tue 06:00) for volatility into early London session.

Key Levels

R: 1.90500 · 1.91000 · 1.92581

S: 1.90130 · 1.90000 · 1.89500