GBPUSD Asia briefing — 2026-05-08

BIAS BEARISH — D1 structure overrides neutral H4/H1; RSI 43.82 leans downside continuation. KEY LEVELS R: 1.365, 1.36575 | S: 1.355, 1.34512 NEWS 🟡 Halifax House Prices MoM/YoY (06:00 UTC) | 🟡 Fed Cook speech (09:45 UTC) SESSION OUTLOOK Halifax data precedes USD volatility from Cook. Watch 1.355 support hold; breach targets 1.34512. Soft housing data weakens GBP momentum. PRO UNLOCKS Entry 1.3530, SL 1.3565, TP1 1.3480, TP2 1.3420, FVG 1.3545–1.3555, liquidity sweep below 1.355 — unlock with Pro

Key Levels

R: 1.36000 · 1.36500 · 1.36575

S: 1.35500 · 1.35000 · 1.34512