GBPUSD Asia briefing — 2026-07-22

BIAS NEUTRAL — H4 EMA neutral vs H1 bearish divergence; RSI oversold yet D1 structure bearish. Mixed signals prevent conviction. KEY LEVELS R: 1.34, 1.345, 1.35583 | S: 1.335, 1.33239, 1.33 NEWS 🔴 GBP CPI (MoM) — Wed 22 Jul 06:00 UTC 🔴 GBP CPI (YoY) — Wed 22 Jul 06:00 UTC 🔴 GBP Core CPI (YoY) — Wed 22 Jul 06:00 UTC SESSION OUTLOOK High-impact CPI data incoming during Asia—volatility expected. Watch oversold bounce into resistance or breakdown below 1.335 post-print. PRO UNLOCKS [Exact entry, SL, TP1,

Key Levels

R: 1.34000 · 1.34500 · 1.35583

S: 1.33500 · 1.33239 · 1.33000