GBPAUD London briefing — 2026-10-23

BIAS NEUTRAL — H4 EMA bullish vs. H1 EMA neutral vs. D1 bearish structure creates conflicting momentum signals; RSI at 48 confirms indecision. KEY LEVELS R: 1.91, 1.915, 1.92264 | S: 1.905, 1.9, 1.88346 NEWS 🔴 S&P Global Composite PMI (GBP) — Fri 23 Oct 08:30 UTC 🔴 S&P Global Manufacturing PMI (GBP) — Fri 23 Oct 08:30 UTC 🔴 S&P Global Services PMI (GBP) — Fri 23 Oct 08:30 UTC SESSION OUTLOOK UK PMI data at 08:30 UTC will break the gridlock. Watch whether price holds 1.905 support or clears 1.915

Key Levels

R: 1.91000 · 1.91500 · 1.92264

S: 1.90500 · 1.90000 · 1.88346