GBPAUD London briefing — 2026-10-12

BIAS BULLISH. Liquidity sweep of lows and H1 fair value gaps drive this bias despite neutral RSI and divergent EMA signals. KEY LEVELS R: 1.9, 1.905, 1.91148 | S: 1.895, 1.89, 1.87344 NEWS 🟡 BoE Breeden speech (09:30 UTC) 🟡 BoE Mann speech (12:50 UTC) 🟡 BRC Retail Sales YoY (23:01 UTC) SESSION OUTLOOK London opens with bullish liquidity structure intact. BoE speeches may test conviction; watch holds at 1.895 support.

Key Levels

R: 1.90000 · 1.90500 · 1.91148

S: 1.89500 · 1.89000 · 1.87344