GBPAUD London briefing — 2026-10-28

BIAS BEARISH. D1 + H4/H1 EMA confluence, H4/H1 fair value gaps, and RSI oversold at 29.94 drive downside. KEY LEVELS R: 1.89, 1.895, 1.92264 | S: 1.88701, 1.885, 1.88 NEWS 🟡 Autumn Forecast Statement (GBP) Wed 10:00 UTC SESSION OUTLOOK Forecast Statement adds volatility risk to GBP. Watch 1.89 resistance; oversold RSI may attract dip-buyers before continuation lower.

Key Levels

R: 1.89000 · 1.89500 · 1.92264

S: 1.88701 · 1.88500 · 1.88000