GBPUSD London briefing — 2026-07-22

BIAS BEARISH. Daily structure bearish; H1 EMA bearish; RSI neutral (35.55) supports weakness without oversold extremes. KEY LEVELS R: 1.34, 1.345, 1.35583 | S: 1.335, 1.33239, 1.33 NEWS 🟡 DCLG House Price Index (Wed 08:30 UTC) 🟡 EIA Crude Oil Stocks (Wed 14:30 UTC) SESSION OUTLOOK London opens into bearish setup. Watch 1.34 resistance hold; close below 1.335 confirms downside momentum into US hours. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps—unlock with Pro

Key Levels

R: 1.34000 · 1.34500 · 1.35583

S: 1.33500 · 1.33239 · 1.33000