GBPUSD London briefing — 2026-08-19

BIAS BULLISH. H4/H1 EMAs aligned uptrend, D1 structure bullish; RSI 58.52 neutral but not conflicting—momentum room remains. KEY LEVELS R: 1.3572, 1.36 | S: 1.35, 1.345, 1.34011 NEWS 🟡 DCLG House Price Index (08:30 UTC) 🟡 MBA Mortgage Apps (11:00 UTC) 🟡 EIA Crude Oil Stocks (14:30 UTC) SESSION OUTLOOK Low-impact data unlikely to derail momentum. Watch hold above 1.35 support; breakout above 1.3572 targets 1.36.

Key Levels

R: 1.35500 · 1.35720 · 1.36000

S: 1.35000 · 1.34500 · 1.34011