GBPAUD New York briefing — 2026-05-06

BIAS BEARISH. D1 structure + H4/H1 EMAs confirm downtrend; RSI neutral supports continuation without fresh momentum. KEY LEVELS R: 1.88, 1.885, 1.89654 | S: 1.875, 1.87383, 1.87 NEWS 🔴 Trade Balance (MoM) Thu 07 May 01:30 UTC 🟡 Exports/Imports (MoM) Thu 07 May 01:30 UTC SESSION OUTLOOK AUD data arrives post-NY session; watch for early position squaring ahead. Bears target 1.875 support; breaks below trigger acceleration. PRO UNLOCKS Entry 1.8765, SL 1.8825, TP1 1.8715, TP2 1.8650 — FVG 1.8740-1.8760 liquidity sweep

Key Levels

R: 1.88000 · 1.88500 · 1.89654

S: 1.87500 · 1.87383 · 1.87000