GBPUSD Asia briefing — 2026-11-04

BIAS BULLISH. D1 trend + H4 EMA + H1 EMA alignment combined with bullish H4 and H1 fair value gaps drive the bias. KEY LEVELS R: 1.35, 1.345, 1.34483 | S: 1.34, 1.335, 1.31382 NEWS 🟡 GBP PMI Composite & Services (Wed 09:30 UTC) 🟡 USD MBA Mortgage Apps (Wed 12:00 UTC) SESSION OUTLOOK PMI data risks sentiment; watch H1 closes above 1.34 for continuation. Liquidity sweep absence supports clean upside probe into resistance cluster.

Key Levels

R: 1.34483 · 1.34500 · 1.35000

S: 1.34000 · 1.33500 · 1.31382