GBPAUD New York briefing — 2026-05-07

BIAS BEARISH. D1 structure confirmed by aligned H4/H1 EMA bearish signals; RSI neutral supports downside continuation. KEY LEVELS R: 1.88, 1.885, 1.89654 | S: 1.875, 1.87383, 1.87 NEWS 🟡 Halifax House Prices MoM/YoY (Fri 06:00 UTC) — low impact GBP data 🟡 CFTC AUD NC Positions (Fri 19:30 UTC) — low impact AUD data SESSION OUTLOOK NY session likely consolidates before Friday data. Watch 1.88 resistance rejection; support hold at 1.875 validates downtrend continuation. PRO UNLOCKS Entry at 1.8765, SL 1.8820, TP1 1.8710, TP2 1.8650 — F

Key Levels

R: 1.88000 · 1.88500 · 1.89654

S: 1.87500 · 1.87383 · 1.87000