GBPUSD London briefing — 2026-06-25

BIAS BEARISH. H4/H1 EMAs aligned downside; D1 structure confirms; RSI neutral doesn't negate price structure. KEY LEVELS R: 1.32, 1.325, 1.34614 | S: 1.315, 1.31416, 1.31 NEWS 🔴 Core PCE MoM (12:30 UTC) — high impact USD driver 🟡 Chicago Fed Activity, Jobless Claims (12:30 UTC) SESSION OUTLOOK Core PCE inflation data dominates. Soft print supports GBP; hot print strengthens USD downside pressure on cable. PRO UNLOCKS Entry zones, liquidity sweeps, FVG targets, Fib retracements — unlock with Pro

Key Levels

R: 1.32000 · 1.32500 · 1.34614

S: 1.31500 · 1.31416 · 1.31000