GBPUSD Asia briefing — 2026-10-21

BIAS BULLISH. D1 trend + H4 EMA + H1 EMA combined vote bullish; H4 and H1 fair value gaps support upside. KEY LEVELS R: 1.34089, 1.345 | S: 1.335, 1.33, 1.31382 NEWS 🔴 GBP CPI (MoM, YoY) & Core CPI (YoY) — Wed 21 Oct 06:00 UTC SESSION OUTLOOK CPI release at 06:00 UTC will dictate momentum. Expect volatility into data; watch 1.34 resistance for breakout confirmation post-event.

Key Levels

R: 1.34000 · 1.34089 · 1.34500

S: 1.33500 · 1.33000 · 1.31382