GBPUSD London briefing — 2026-05-26

BIAS BULLISH — D1 structure overrides neutral H4/H1 EMAs; RSI 55.32 supports upside momentum. KEY LEVELS R: 1.35, 1.355, 1.36524 | S: 1.345, 1.34, 1.33039 NEWS 🟡 Housing Price Index (MoM) — 13:00 UTC 🔴 Chicago Fed National Activity Index — 12:30 UTC 🔴 S&P/Case-Shiller Home Price Indices (YoY) — 13:00 UTC SESSION OUTLOOK Watch US housing data for USD volatility around 12:30–13:00 UTC. Cable likely tests 1.35 resistance on soft data; hold 1.345 support if bearish surprises hit. PRO UNLOCKS [Entry zones, precise SL/TP, FVG liquidity

Key Levels

R: 1.35000 · 1.35500 · 1.36524

S: 1.34500 · 1.34000 · 1.33039