GBPUSD London briefing — 2026-09-01

BIAS BEARISH. D1 structure bearish; H1 EMA bearish; RSI neutral at 38.44 supports downside without overbought resistance. KEY LEVELS R: 1.355, 1.36, 1.36752 | S: 1.35, 1.3475, 1.345 NEWS 🟡 Consumer Credit (GBP) – 08:30 UTC 🟡 M4 Money Supply MoM/YoY (GBP) – 08:30 UTC SESSION OUTLOOK Weak UK data could pressure sterling lower into support. Watch 1.35 hold; break risks 1.3475 test.

Key Levels

R: 1.35500 · 1.36000 · 1.36752

S: 1.35000 · 1.34750 · 1.34500