GBPUSD Asia briefing — 2026-08-21

BIAS NEUTRAL — EMAs bullish, D1 structure bullish, but RSI overbought at 73.7 creates pullback risk despite uptrend alignment. KEY LEVELS R: 1.365, 1.36584, 1.37 | S: 1.36, 1.355, 1.34183 NEWS 🔴 Retail Sales (MoM) 06:00 UTC 🟡 Retail Sales (YoY) 06:00 UTC 🟢 Public Sector Net Borrowing 06:00 UTC SESSION OUTLOOK UK retail data drops pre-London open. Strong prints could spark fresh upside; weak data may trigger profit-taking into overbought conditions.

Key Levels

R: 1.36500 · 1.36584 · 1.37000

S: 1.36000 · 1.35500 · 1.34183