GBPUSD Asia briefing — 2026-10-26

BIAS BULLISH. Daily structure, H4 EMA, and H1 EMA combined trend vote, plus bullish H4 fair value gaps, drive conviction despite neutral RSI. KEY LEVELS R: 1.34, 1.34198, 1.345 | S: 1.335, 1.33, 1.31382 NEWS 🟡 Chicago Fed National Activity Index (Mon 12:30 UTC) 🟡 3M & 6M Bill Auctions (Mon 15:30 UTC) SESSION OUTLOOK Asia session typically thin; watch for H1 momentum rejection of bearish FVGs. Dollar weakness from low-impact auctions may sustain cable upside into London open.

Key Levels

R: 1.34000 · 1.34198 · 1.34500

S: 1.33500 · 1.33000 · 1.31382