GBPUSD London briefing — 2026-07-20

BIAS BULLISH — H4/H1 EMAs aligned uptrend, D1 structure intact, RSI neutral (no overbought warning). KEY LEVELS R: 1.35, 1.355, 1.35583 | S: 1.345, 1.34, 1.32199 NEWS 🟡 USD Bill Auctions (3M/6M) Mon 15:30 UTC | 🟡 GBP Earnings Tue 06:00 UTC SESSION OUTLOOK Watch for consolidation near 1.347 ahead of USD data. Break above 1.35 targets resistance cluster; hold 1.345 keeps upside intact. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fib targets — unlock with Pro subscription.

Key Levels

R: 1.35000 · 1.35500 · 1.35583

S: 1.34500 · 1.34000 · 1.32199