GBPUSD London briefing — 2026-09-11

BIAS BEARISH. H4 EMA breakdown conflicts with neutral H1 and RSI, but daily structure remains neutral—genuine weakness without full confirmation. KEY LEVELS R: 1.355, 1.36, 1.36559 | S: 1.35, 1.34751, 1.345 NEWS 🔴 USD CPI MoM (12:30 UTC) | 🟡 GBP Inflation Expectations (08:30 UTC) | 🟡 NIESR GDP 3M (11:00 UTC) SESSION OUTLOOK USD data dominates; expect volatility into US print. GBP data beforehand may anchor intraday range. Watch 1.35 hold or break.

Key Levels

R: 1.35500 · 1.36000 · 1.36559

S: 1.35000 · 1.34751 · 1.34500