GBPUSD Asia briefing — 2026-08-04

BIAS BULLISH. Daily structure bullish; H4 EMA supports upside. H1 neutral and RSI at 44.73 create caution but don't negate the broader bias. KEY LEVELS R: 1.345, 1.35, 1.3546 | S: 1.34, 1.335, 1.32733 NEWS 🟡 Goods Trade Balance (USD) – Tue 12:30 UTC 🟡 Goods and Services Trade Balance (USD) – Tue 12:30 UTC 🟡 Redbook Index (YoY) (USD) – Tue 12:55 UTC SESSION OUTLOOK Light USD data drops mid-session; watch reaction at 1.345. Price needs H1 confirmation above current level to sustain upside momentum.

Key Levels

R: 1.34500 · 1.35000 · 1.35460

S: 1.34000 · 1.33500 · 1.32733