GBPUSD Asia briefing — 2026-05-12

BIAS BULLISH — D1 structure dominates despite H1 neutrality; H4 EMA confirms upside bias. KEY LEVELS R: 1.365, 1.36575, 1.37 | S: 1.36, 1.355, 1.34512 NEWS 🟡 Fed Williams speech — 07:15 UTC 🟡 ADP Employment 4-week avg — 12:15 UTC 🟡 NFIB Business Optimism — 10:00 UTC SESSION OUTLOOK Asia quiet; watch for USD volatility at London open. H4 bullish setup intact if 1.36 holds. PRO UNLOCKS Entry 1.3615 | SL 1.3549 | TP1 1.3658 | TP2 1.3705 | FVG 1.3620–1.3630 |

Key Levels

R: 1.36500 · 1.36575 · 1.37000

S: 1.36000 · 1.35500 · 1.34512