GBPUSD Asia briefing — 2026-05-06

BIAS BULLISH. H4 and H1EMAs aligned upward; D1 neutral breaks tie via lower timeframe momentum. KEY LEVELS R: 1.36, 1.365, 1.36575 | S: 1.355, 1.35, 1.34512 NEWS 🟡 GBP PMI Composite/Services (Wed 08:30 UTC) — LOW impact 🟡 USD Mortgage Apps (Wed 11:00 UTC) — LOW impact SESSION OUTLOOK Asia session consolidation likely; watch PMI release at London open for directional confirmation. RSI neutral; upside bias requires break above 1.36. PRO UNLOCKS Entry 1.3595 | SL 1.3528 | TP1 1.3648 | TP2 1.3712 | FVG 1.3552–1.3575 | Liqu

Key Levels

R: 1.36000 · 1.36500 · 1.36575

S: 1.35500 · 1.35000 · 1.34512