GBPAUD New York briefing — 2026-05-19

BIAS BEARISH. RSI overbought at 73.63 signals pullback risk; D1 neutral commits downside per hierarchy despite H1 bullish EMA divergence. KEY LEVELS R: 1.89527, 1.89, 1.885 | S: 1.88, 1.875, 1.85392 NEWS 🔴 GBP CPI MoM/YoY — Wed 06:00 UTC 🟡 AUD Westpac Leading Index — Wed 01:00 UTC SESSION OUTLOOK UK CPI print tomorrow will dominate overnight direction. Watch rejection at 1.89 resistance; lower highs confirm bearish structure into London open. PRO UNLOCKS Entry 1.8825, SL 1.8945, TP1 1.8750, TP2 1.8539 | FVG 1.8880–1

Key Levels

R: 1.88500 · 1.89000 · 1.89527

S: 1.88000 · 1.87500 · 1.85392