GBPUSD London briefing — 2026-10-21

BIAS BULLISH. D1 trend + H4 EMA + H1 EMA alignment, H4 and H1 fair value gaps, RSI neutral support. KEY LEVELS R: 1.34089, 1.345 | S: 1.335, 1.33, 1.31382 NEWS DCLG House Price Index (GBP) 08:30 🟡 | MBA Mortgage Applications (USD) 11:00 🟡 | EIA Crude Oil Stocks (USD) 14:30 🟡 SESSION OUTLOOK Watch for London opening momentum into 1.34089. Low-impact data poses minimal disruption; monitor H1 fair value gap fills above current price.

Key Levels

R: 1.34000 · 1.34089 · 1.34500

S: 1.33500 · 1.33000 · 1.31382