GBPUSD London briefing — 2026-07-29

BIAS BEARISH. Daily structure bearish; H4 EMA confirms downtrend despite H1 neutral divergence and RSI midrange—directional bias intact. KEY LEVELS R: 1.335, 1.34, 1.35583 | S: 1.33, 1.32733, 1.325 NEWS 🟡 Consumer Credit (08:30 UTC) 🟡 M4 Money Supply MoM/YoY (08:30 UTC) SESSION OUTLOOK UK data drops at London open. Watch 1.33 hold as support; break threatens 1.32733. Weakness likely if data disappoints. PRO UNLOCKS Exact entry zones, SL placement, TP sequencing, FVG targets, liquidity sweeps—unlock with Pro.

Key Levels

R: 1.33500 · 1.34000 · 1.35583

S: 1.33000 · 1.32733 · 1.32500