GBPUSD Asia briefing — 2026-07-16

BIAS NEUTRAL. Bullish EMA alignment and D1 structure conflict with RSI overbought at 78.97—momentum exhaustion risk despite uptrend. KEY LEVELS R: 1.355, 1.35583, 1.36 | S: 1.35, 1.345, 1.31914 NEWS 🟡 Goods Trade Balance (GBP) – Thu 06:00 UTC 🟡 GDP MoM (GBP) – Thu 06:00 UTC 🟡 Index of Services (GBP) – Thu 06:00 UTC SESSION OUTLOOK UK data drops during Asia; watch 1.355 resistance for breakout confirmation. Overbought RSI may trigger pullback to 1.345 support. PRO UNLOCKS Entry, SL, TP1/TP2, FVG zones, liquidity sweeps, Fibonacci

Key Levels

R: 1.35500 · 1.35583 · 1.36000

S: 1.35000 · 1.34500 · 1.31914