GBPUSD London briefing — 2026-07-14

BIAS BEARISH. D1 structure bearish; H1 EMA bearish; H4 EMA neutral conflicts but daily dominance + RSI 39 (oversold edge) supports downside. KEY LEVELS R: 1.345, 1.34517 | S: 1.335, 1.33, 1.31478 NEWS 🔴 CPI MoM (USD) 12:30 UTC | 🟡 ADP Employment 12:15 UTC | 🟡 NFIB Index 10:00 UTC SESSION OUTLOOK CPI high-impact print could spike volatility. Watch 1.345 resistance for rejection; break below 1.335 confirms bearish continuation into London close. PRO UNLOCKS Exact entry, SL, TP clusters, FVG zones, liquidity sweeps — unlock with Pro

Key Levels

R: 1.34000 · 1.34500 · 1.34517

S: 1.33500 · 1.33000 · 1.31478