GBPUSD London briefing — 2026-08-18

BIAS BULLISH. Daily structure intact; H4 EMA bullish supports upside despite H1 neutrality and RSI mid-range. KEY LEVELS R: 1.3572, 1.36 | S: 1.35, 1.345, 1.33332 NEWS 🟡 GBP 10-y Bond Auction 09:30 UTC 🟡 USD ADP 12:15 UTC 🟡 USD Building Permits 12:30 UTC SESSION OUTLOOK Bond auction may spark sterling volatility. USD data mid-session could test 1.355 resistance; watch H1 hold above 1.35 support.

Key Levels

R: 1.35500 · 1.35720 · 1.36000

S: 1.35000 · 1.34500 · 1.33332