GBPUSD London briefing — 2026-09-17

BIAS NEUTRAL. RSI oversold signals bounce potential, but H1/H4 bearish EMAs conflict with bullish bias—daily structure remains bearish. BoE decision clarity needed. KEY LEVELS R: 1.34, 1.345, 1.35682 | S: 1.33694, 1.335, 1.33 NEWS 🔴 BoE Interest Rate Decision — Thu 17 Sep, 11:00 UTC 🔴 BoE Minutes & Monetary Policy Summary — Thu 17 Sep, 11:00 UTC SESSION OUTLOOK BoE announcement dominates. Oversold setup invites scalp longs into resistance, but trend structure favors shorts below 1.34 on break confirmation.

Key Levels

R: 1.34000 · 1.34500 · 1.35682

S: 1.33694 · 1.33500 · 1.33000