GBPAUD London briefing — 2026-08-31

BIAS BEARISH — D1 structure bearish, H4 EMA bearish; RSI neutral at 47.35 lacks bullish confirmation, and H1 EMA divergence warns of early weakness rather than strength. KEY LEVELS R: 1.895, 1.9, 1.91912 | S: 1.89, 1.88503, 1.885 NEWS 🟡 S&P Global Manufacturing PMI (AUD) 23:00 UTC 🟡 BRC Shop Price Index (GBP) 23:01 UTC 🟡 Building Permits (AUD) 01:30 UTC Tue SESSION OUTLOOK Low-impact data early; watch for AUD reaction post-PMI. Bias favors probes lower toward 1.89 support if sellers hold.

Key Levels

R: 1.89500 · 1.90000 · 1.91912

S: 1.89000 · 1.88503 · 1.88500