GBPUSD London briefing — 2026-10-01

BIAS BEARISH. Trend vote (D1 + EMA H4 + EMA H1) aligned bearish; H1 fair-value gaps confirm downside; RSI neutral supports continuation without reversal pressure. KEY LEVELS R: 1.33, 1.335, 1.35682 | S: 1.325, 1.32, 1.3199 NEWS 🟡 S&P Global Manufacturing PMI (GBP) 08:30 UTC 🟡 Challenger Job Cuts (USD) 09:30 UTC 🟡 BoE Mann Speech 12:00 UTC SESSION OUTLOOK PMI data and Mann's remarks risk volatility. Watch support holds at 1.325 as sessions open; H1 bearish structure target lower zones into US open.

Key Levels

R: 1.33000 · 1.33500 · 1.35682

S: 1.32500 · 1.32000 · 1.31990