GBPUSD New York briefing — 2026-05-12

BIAS BULLISH — D1 structure overrides H4/H1 divergence; RSI at 34 offers reversal setup. KEY LEVELS R: 1.355, 1.36, 1.36575 | S: 1.35, 1.34512, 1.345 NEWS 🟡 Redbook Index 12:55 UTC | 🟡 52-Week Bill 15:30 UTC | 🟡 USDA WASDE 16:00 UTC SESSION OUTLOOK Watch for USD weakness via Redbook/WASDE to fuel GBP upside. 1.355 resistance critical for continuation. PRO UNLOCKS Entry 1.3505, SL 1.3445, TP1 1.355, TP2 1.365, FVG 1.3480–1.3510, liquidity sweep 1.3425

Key Levels

R: 1.35500 · 1.36000 · 1.36575

S: 1.35000 · 1.34512 · 1.34500