GBPUSD London briefing — 2026-10-08

BIAS BEARISH. D1+H4+H1 trend alignment combined with bearish H4 and H1 fair value gaps drive directional conviction. KEY LEVELS R: 1.32, 1.325, 1.35344 | S: 1.31814, 1.315, 1.31 NEWS 🟡 Fed Waller speech 08:30 UTC | 🟡 BoE Greene speech 09:15 UTC | 🟡 BoE Credit Conditions 08:30 UTC SESSION OUTLOOK London open targets lower support as bearish structure holds. USD strength from Waller and GBP headwinds from Greene speech create downside catalysts.

Key Levels

R: 1.32000 · 1.32500 · 1.35344

S: 1.31814 · 1.31500 · 1.31000