GBPUSD Asia briefing — 2026-08-07

BIAS BULLISH — H4 EMA bullish despite RSI at neutral midpoint (50); D1 structure neutral caps upside conviction. KEY LEVELS R: 1.35065, 1.355 | S: 1.345, 1.34, 1.32733 NEWS 🟡 Lloyds House Price Index MoM/YoY (Fri 06:00 UTC) — low impact GBP data 🔴 Average Hourly Earnings MoM USD (Fri 12:30 UTC) — high impact post-Asia SESSION OUTLOOK Asia session likely subdued into UK morning data. Watch 1.345 hold for continuation; break below risks 1.34 support cascade.

Key Levels

R: 1.35000 · 1.35065 · 1.35500

S: 1.34500 · 1.34000 · 1.32733