GBPUSD London briefing — 2026-06-17

BIAS NEUTRAL. Daily bullish structure conflicts with neutral H1/H4 EMAs and RSI at midpoint; insufficient conviction for directional edge. KEY LEVELS R: 1.345, 1.34856, 1.35 | S: 1.34, 1.335, 1.33056 NEWS 🟡 DCLG House Price Index (08:30 UTC) 🔴 US Retail Sales MoM (12:30 UTC) SESSION OUTLOOK Watch 1.345 resistance rejection or break. US Retail Sales at noon is the session catalyst; expect volatility spike. Price needs to hold above 1.34 support for bulls. PRO UNLOCKS [Exact entries, liquidity sweeps, Fibonacci confluence, FVG zones — unlock with Pro]

Key Levels

R: 1.34500 · 1.34856 · 1.35000

S: 1.34000 · 1.33500 · 1.33056