GBPUSD London briefing — 2026-07-09

BIAS BULLISH. H4/H1 EMAs aligned uptrend; RSI overbought warns of pullback risk, but D1 neutral keeps risk-reward balanced. KEY LEVELS R: 1.345, 1.35 | S: 1.34, 1.335, 1.31416 NEWS 🟡 BoE Breeden speech 09:30 UTC 🟡 Initial Jobless Claims 12:30 UTC 🟡 Continuing Jobless Claims 12:30 UTC SESSION OUTLOOK Watch for profit-taking ahead of BoE commentary. USD data at London close may trigger volatility; overbought conditions favor consolidation over extensions. PRO UNLOCKS Entry zones, SL/TP placement, FVG liquidity sweeps, Fibonacci confluence — unlock with Pro.

Key Levels

R: 1.34300 · 1.34500 · 1.35000

S: 1.34000 · 1.33500 · 1.31416