GBPUSD London briefing — 2026-07-24

BIAS BEARISH. D1 structure confirms downtrend; H1 EMA bearish despite H4 neutral divergence; RSI 39 supports weakness without oversold extremes. KEY LEVELS R: 1.335, 1.34, 1.35583 | S: 1.33003, 1.33, 1.325 NEWS 🔴 S&P Global Composite PMI (Fri 08:30 UTC) 🔴 S&P Global Manufacturing PMI (Fri 08:30 UTC) 🔴 S&P Global Services PMI (Fri 08:30 UTC) SESSION OUTLOOK PMI data at London open critical—weak prints extend bearish bias toward support. Watch 1.335 rejection as confirmation signal. PRO UNLOCKS Pro members: precise entries at fib levels, liquidity sweep zones, optimal SL/TP placement—unlock with subscription

Key Levels

R: 1.33500 · 1.34000 · 1.35583

S: 1.33003 · 1.33000 · 1.32500