GBPUSD Asia briefing — 2026-11-05

BIAS BULLISH. Trend alignment (D1+H4+H1 EMAs) + H4/H1 fair value gaps override overbought RSI and liquidity sweep of highs. KEY LEVELS R: 1.35023, 1.355 | S: 1.345, 1.34, 1.31382 NEWS 🔴 BoE Interest Rate Decision (Thu 12:00 UTC) 🟡 Challenger Job Cuts (Thu 10:30 UTC) 🟡 S&P Global Construction PMI (Thu 09:30 UTC) SESSION OUTLOOK BoE decision at 12:00 UTC drives volatility. Watch for sweep rejection at support 1.345 into bullish continuation or retest of fair value gaps.

Key Levels

R: 1.35000 · 1.35023 · 1.35500

S: 1.34500 · 1.34000 · 1.31382