GBPUSD New York briefing — 2026-05-11

BIAS BULLISH. H4/H1 EMA aligned bullish despite neutral D1; RSI neutral supports continuation above 1.36103. KEY LEVELS R: 1.365, 1.36575, 1.37 | S: 1.36, 1.355, 1.34512 NEWS 🟡 Existing Home Sales Change (MoM) 14:00 UTC 🟡 3-Month Bill Auction 15:30 UTC SESSION OUTLOOK Watch Existing Home Sales at 14:00 for USD volatility. Upside targets 1.365–1.37 if momentum sustains above 1.36. PRO UNLOCKS Entry 1.36180 | SL 1.3589 | TP1 1.3658 | TP2 1.3705 | FVG 1.3625–1.3638 |

Key Levels

R: 1.36500 · 1.36575 · 1.37000

S: 1.36000 · 1.35500 · 1.34512