GBPAUD New York briefing — 2026-05-18

BIAS BEARISH. H4 EMA confirms downside despite neutral RSI and D1 structure; hierarchy favors H4 trend. KEY LEVELS R: 1.87, 1.875, 1.89542 | S: 1.865, 1.86, 1.85392 NEWS 🔴 RBA Meeting Minutes – Tue 19 May, 01:30 UTC 🟡 Westpac Consumer Confidence – Tue 19 May, 00:30 UTC 🟡 Average Earnings Excluding Bonus (GBP) – Tue 19 May, 06:00 UTC SESSION OUTLOOK RBA minutes overnight may trigger AUD volatility and test support. Watch 1.865 hold for short-term momentum into NY close. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps

Key Levels

R: 1.87000 · 1.87500 · 1.89542

S: 1.86500 · 1.86000 · 1.85392