GBPAUD London briefing — 2026-09-08

BIAS BEARISH. Daily structure bearish; H4 EMA confirms downtrend. H1 neutral divergence adds caution but doesn't override the larger timeframe conviction. KEY LEVELS R: 1.88, 1.885, 1.91912 | S: 1.875, 1.8731, 1.87 NEWS 🔴 BoE Monetary Policy Report Hearings & Governor Bailey Speech – Tue 13:15 UTC SESSION OUTLOOK BoE speakers will dominate London. GBP volatility expected; watch for breaks through 1.88 or holds above 1.875. RSI at 44 leaves room lower.

Key Levels

R: 1.88000 · 1.88500 · 1.91912

S: 1.87500 · 1.87310 · 1.87000