GBPUSD Asia briefing — 2026-08-03

BIAS NEUTRAL. H4/H1 EMA bullish yet RSI overbought (72.18) and D1 structure neutral—momentum conflict with lack of directional conviction on daily. KEY LEVELS R: 1.355, 1.35583, 1.36 | S: 1.35, 1.345, 1.32733 NEWS 🟡 GBP Manufacturing PMI Mon 08:30 UTC | 🟡 USD Manufacturing PMI Mon 13:45 UTC | 🟡 USD Construction Spending Mon 14:00 UTC SESSION OUTLOOK Asia opens into overbought conditions; watch for pullback into 1.35 support before PMI data. USD event timing may dictate afternoon volatility direction.

Key Levels

R: 1.35500 · 1.35583 · 1.36000

S: 1.35000 · 1.34500 · 1.32733