GBPUSD London briefing — 2026-10-12

BIAS BULLISH. D1+EMA H4+EMA H1 trend vote combined with H1 fair value gaps bullish driver override H4 FVG bearish signal and neutral RSI. KEY LEVELS R: 1.33, 1.335, 1.35058 | S: 1.325, 1.32, 1.31814 NEWS 🟡 BoE Breeden 09:30 UTC 🟡 BoE Mann 12:50 UTC 🟡 Fed Hammack 16:50 UTC SESSION OUTLOOK London open tests resistance into BoE speakers. USD speech late may cap upside; watch 1.33 rejection or break.

Key Levels

R: 1.33000 · 1.33500 · 1.35058

S: 1.32500 · 1.32000 · 1.31814