GBPUSD London briefing — 2026-09-23

BIAS BEARISH. D1 + H4 + H1 trend alignment, oversold RSI(14) at 27.98, and bearish fair value gaps on both H4 and H1 drive this direction. KEY LEVELS R: 1.335, 1.34, 1.35682 | S: 1.3309, 1.33, 1.325 NEWS 🔴 S&P Global Composite/Manufacturing/Services PMI (GBP) — Wed 23 Sep, 08:30 UTC SESSION OUTLOOK PMI data arrives early London; watch for break below 1.33 support on weak readings. Oversold conditions risk bounce into resistance—avoid chasing dips.

Key Levels

R: 1.33500 · 1.34000 · 1.35682

S: 1.33090 · 1.33000 · 1.32500