GBPUSD London briefing — 2026-09-07

BIAS BEARISH. H4 EMA breakdown with neutral RSI suggests weakening momentum; D1 neutral structure prevents conviction, but intraday bearish setup offers edge. KEY LEVELS R: 1.355, 1.36, 1.36752 | S: 1.35, 1.34751, 1.345 NEWS 🟡 BRC Retail Sales (GBP) Mon 23:01 UTC | 🟡 ADP Employment (USD) Tue 12:15 UTC SESSION OUTLOOK Watch BRC data for GBP directional cue. Bears eyeing 1.35 support; break below triggers acceleration toward 1.34751.

Key Levels

R: 1.35500 · 1.36000 · 1.36752

S: 1.35000 · 1.34751 · 1.34500