GBPUSD London briefing — 2026-08-24

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; D1 structure supports higher; RSI 60 confirms momentum without overbought excess. KEY LEVELS R: 1.365, 1.36752, 1.37 | S: 1.36, 1.355, 1.34347 NEWS 🟡 Chicago Fed National Activity Index (USD) 12:30 UTC 🟡 3M & 6M Bill Auctions (USD) 15:30 UTC SESSION OUTLOOK Weak USD data may extend cable momentum toward 1.365–1.37 zone. Watch auction reaction for conviction confirmation.

Key Levels

R: 1.36500 · 1.36752 · 1.37000

S: 1.36000 · 1.35500 · 1.34347