GBPUSD Asia briefing — 2026-05-05

BIAS BEARISH. D1 structure dominates; RSI 39.65 near oversold supports downside continuation despite H4/H1 neutrality. KEY LEVELS R: 1.36575, 1.36, 1.355 | S: 1.35, 1.34512, 1.345 NEWS 🟡 Goods Trade Balance (USD) – Tue 12:30 UTC 🟡 Goods and Services Trade Balance (USD) – Tue 12:30 UTC 🟡 Redbook Index YoY (USD) – Tue 12:55 UTC SESSION OUTLOOK Weak US data may pressure dollar. Watch 1.35 support; breaks below target 1.34512. Resistance 1.355 caps upside until news clears. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liqu

Key Levels

R: 1.35500 · 1.36000 · 1.36575

S: 1.35000 · 1.34512 · 1.34500