GBPUSD Asia briefing — 2026-07-08

BIAS NEUTRAL. RSI overbought at 76.63 conflicts with bullish D1 structure; H4 neutral vs. H1 bullish divergence signals caution despite uptrend. KEY LEVELS R: 1.34, 1.345, 1.34614 | S: 1.335, 1.33, 1.31416 NEWS 🟡 MBA Mortgage Applications (USD) Wed 11:00 UTC 🟡 Wholesale Inventories (USD) Wed 14:00 UTC 🟡 EIA Crude Oil Stocks Change (USD) Wed 14:30 UTC SESSION OUTLOOK Watch for pullback to 1.335 support before momentum resumes. Low-impact US data unlikely to derail cable structure. PRO UNLOCKS Entry zones, SL placement, TP clusters, FVG liquidity sweeps, Fibonacci extensions — unlock with Pro subscription.

Key Levels

R: 1.34000 · 1.34500 · 1.34614

S: 1.33500 · 1.33000 · 1.31416