GBPUSD Asia briefing — 2026-09-04

BIAS BEARISH. Daily structure bearish; H4/H1 EMAs neutral but RSI at 51.4 lacks bullish conviction for reversal. KEY LEVELS R: 1.355, 1.36, 1.36752 | S: 1.35, 1.34751, 1.345 NEWS 🔴 BoE Governor Bailey speech 08:50 UTC 🟡 S&P Global Construction PMI 08:30 UTC 🔴 US Average Hourly Earnings (MoM) 12:30 UTC SESSION OUTLOOK Bailey speech risks volatility; watch if GBP weakness holds into US data. 1.35 support critical for bearish continuation.

Key Levels

R: 1.35500 · 1.36000 · 1.36752

S: 1.35000 · 1.34751 · 1.34500