GBPUSD New York briefing — 2026-05-06

BIAS BULLISH. H4/H1 EMAs aligned bullish; D1 neutral defers to intraday structure; RSI 63.64 supports upside continuation. KEY LEVELS R: 1.365, 1.36575, 1.37 | S: 1.36, 1.355, 1.34512 NEWS 🟡 Fed Musalem speech — 13:30 UTC 🟡 Fed Goolsbee speech — 17:00 UTC 🔵 EIA Crude Oil Stocks — 14:30 UTC SESSION OUTLOOK Watch 1.365 resistance into Musallem speech; USD strength from Fed rhetoric may pressure GBP lower despite bullish technicals. PRO UNLOCKS Entry 1.36215 | SL 1.35880 | TP1 1.36575 | TP2 1.37040

Key Levels

R: 1.36500 · 1.36575 · 1.37000

S: 1.36000 · 1.35500 · 1.34512