GBPUSD Asia briefing — 2026-05-18

BIAS BEARISH. H4/H1 aligned downtrend; RSI oversold (20.4) signals exhaustion setup; D1 neutral allows lower timeframe control. KEY LEVELS R: 1.335, 1.34, 1.36575 | S: 1.33146, 1.33, 1.325 NEWS 🟡 Rightmove House Price Index MoM/YoY (Sun 23:01 UTC) — LOW impact 🟡 BoE Greene speech (Mon 07:35 UTC) — MEDIUM impact SESSION OUTLOOK Asia session likely consolidates near support 1.33146. Watch BoE Greene speech for directional catalyst; oversold conditions invite bounce risk into resistance. PRO UNLOCKS Entry 1.33085, SL 1.33520, TP1 1.33, TP2 1.325 — FVG

Key Levels

R: 1.33500 · 1.34000 · 1.36575

S: 1.33146 · 1.33000 · 1.32500