GBPAUD London briefing — 2026-09-01

BIAS BEARISH. Daily structure bearish; H4 EMA confirms downside. H1 neutral creates minor divergence, but D1 dominance overrides. RSI 46.74 shows room to weaken. KEY LEVELS R: 1.895, 1.9, 1.91912 | S: 1.89, 1.88503, 1.885 NEWS 🟡 Consumer Credit, M4 Money Supply (MoM/YoY) — 08:30 UTC. Low impact; GBP data may offer minor volatility. SESSION OUTLOOK Watch 1.89 hold as resistance on rallies. London open may test supports on any data disappointment. H1 neutrality leaves intraday scalp room within bearish bias.

Key Levels

R: 1.89500 · 1.90000 · 1.91912

S: 1.89000 · 1.88503 · 1.88500