GBPAUD London briefing — 2026-10-05

BIAS BULLISH. Daily structure, H4 EMA, and dual timeframe fair value gaps align upside; H1 neutrality absorbed by higher-frame confluence. KEY LEVELS R: 1.91148, 1.91, 1.905 | S: 1.9, 1.895, 1.87316 NEWS 🟡 GBP PMI Composite & Services (Mon 08:30 UTC) | 🟡 AUD Job Ads (Tue 00:30 UTC) SESSION OUTLOOK London opens near 1.90254 with resistance cluster 1.905–1.91148 in play. Monitor PMI data for GBP reaction; watch H1 neutrality for entry confirmation into H4 bullish gaps.

Key Levels

R: 1.90500 · 1.91000 · 1.91148

S: 1.90000 · 1.89500 · 1.87316