GBPUSD Asia briefing — 2026-08-26

BIAS BULLISH — H4/H1 EMAs aligned bullish; RSI neutral supports upside without overbought risk; D1 structure neutral doesn't contradict. KEY LEVELS R: 1.365, 1.36752, 1.37 | S: 1.36, 1.355, 1.34347 NEWS 🔴 Core PCE MoM/YoY (USD) Wed 12:30 UTC — inflation data may spike volatility. 🟡 MBA Mortgage Applications (USD) Wed 11:00 UTC. SESSION OUTLOOK Watch Asia close into US data. PCE prints could trigger GBP/USD swings; bullish structure favors 1.365 test if data benign.

Key Levels

R: 1.36500 · 1.36752 · 1.37000

S: 1.36000 · 1.35500 · 1.34347