GBPUSD New York briefing — 2026-05-07

BIAS BEARISH — D1 structure overrides bullish H4/H1 alignment; RSI neutral confirms lack of conviction. KEY LEVELS R: 1.365, 1.36575, 1.37 | S: 1.36, 1.355, 1.34512 NEWS 🟡 Construction Spending (14:00 UTC) 🟡 EIA Natural Gas Storage (14:30 UTC) SESSION OUTLOOK Low-impact data unlikely to spark directional moves. Watch for rejection at 1.365; break below 1.36 targets lower support. PRO UNLOCKS Entry 1.3615 | SL 1.3675 | TP1 1.355 | TP2 1.3451 | FVG 1.3595–1.3605 | Unlock with Pro

Key Levels

R: 1.36500 · 1.36575 · 1.37000

S: 1.36000 · 1.35500 · 1.34512