GBPUSD Asia briefing — 2026-08-12

BIAS BULLISH. H4/H1 EMAs aligned uptrend, D1 structure intact, RSI neutral supports continuation without overbought risk. KEY LEVELS R: 1.35312 | 1.355 | 1.36 | S: 1.35 | 1.345 | 1.32733 NEWS 🔴 CPI MoM & YoY (USD) — Wed 12:30 UTC | 🟡 MBA Mortgage Apps — Wed 11:00 UTC SESSION OUTLOOK CPI data mid-session drives USD volatility. Watch 1.35312 resistance; break unlocks 1.355. Support holds at 1.35 during early liquidity.

Key Levels

R: 1.35312 · 1.35500 · 1.36000

S: 1.35000 · 1.34500 · 1.32733