GBPUSD London briefing — 2026-08-11

BIAS BULLISH. H4/H1 EMAs aligned uptrend; D1 structure supports higher; RSI neutral at 55 leaves room to run without overbought resistance. KEY LEVELS R: 1.35312, 1.355, 1.36 | S: 1.35, 1.345, 1.32733 NEWS 🟡 ADP Employment Change 4-week average – Tue 12:15 UTC | 🔴 NFIB Business Optimism, Redbook Index (YoY) – Tue 10:00, 12:55 UTC SESSION OUTLOOK US data could trigger USD volatility mid-London. Watch price action near 1.35312 resistance; break signals continuation, hold signals pullback risk.

Key Levels

R: 1.35312 · 1.35500 · 1.36000

S: 1.35000 · 1.34500 · 1.32733