GBPUSD London briefing — 2026-07-23

BIAS BEARISH — D1 structure bearish, H1 EMA bearish; RSI neutral at 37.71 cushions downside; H4 EMA conflict noted but daily bias dominates. KEY LEVELS R: 1.34, 1.345, 1.35583 | S: 1.335, 1.33239, 1.33 NEWS 🟡 Initial Jobless Claims (12:30 UTC) 🔴 Chicago Fed National Activity Index (12:30 UTC) 🔴 Continuing Jobless Claims (12:30 UTC) SESSION OUTLOOK US data cluster at 12:30 UTC will define momentum. Watch 1.335 support; break below threatens 1.33239. PRO UNLOCKS Entry confluences, exact SL placement, TP scalp/swing targets, FVG fills, liquidity sweeps — Pro members get the complete setup

Key Levels

R: 1.34000 · 1.34500 · 1.35583

S: 1.33500 · 1.33239 · 1.33000