GBPUSD Asia briefing — 2026-05-20

BIAS BEARISH — D1 structure confirms downside despite neutral RSI; H4 EMA bearish. KEY LEVELS R: 1.345, 1.35, 1.36575 | S: 1.34, 1.335, 1.33039 NEWS 🔴 GBP CPI (MoM) Wed 06:00 UTC 🔴 GBP CPI (YoY) Wed 06:00 UTC 🔴 GBP Core CPI (YoY) Wed 06:00 UTC SESSION OUTLOOK CPI data pre-London open will trigger volatility. Weaker inflation could extend bearish momentum toward 1.335 support; stronger data risks rejection at 1.345. PRO UNLOCKS Exact entry zones, SL placement, TP targets, FVG liquidity sweeps, Fibonacci extensions — unlock with Pro subscription.

Key Levels

R: 1.34500 · 1.35000 · 1.36575

S: 1.34000 · 1.33500 · 1.33039