GBPUSD London briefing — 2026-06-10

BIAS BEARISH. D1 structure bearish; RSI neutral but H4/H1 EMA divergence weakens conviction—treat as weak bias, not conviction play. KEY LEVELS R: 1.34, 1.345, 1.35095 | S: 1.335, 1.33056, 1.33 NEWS 🔴 US CPI MoM & YoY — 12:30 UTC (high impact) 🟡 MBA Mortgage Applications — 11:00 UTC (low impact) SESSION OUTLOOK CPI print drives USD volatility mid-session. Watch 1.34 resistance; break above invalidates bias. Downside targets 1.335 if sellers hold. PRO UNLOCKS Entry zones, stop placement, TP cascades, FVG sweeps, liquidity traps—unlock with Pro subscription.

Key Levels

R: 1.34000 · 1.34500 · 1.35095

S: 1.33500 · 1.33056 · 1.33000