GBPUSD New York briefing — 2026-05-19

BIAS BEARISH. D1 structure dominates despite H4/H1 divergence; RSI neutral supports downside continuation. KEY LEVELS R: 1.345, 1.35, 1.36575 | S: 1.34, 1.335, 1.33039 NEWS 🟡 Redbook Index (12:55 UTC) 🟡 Pending Home Sales MoM/YoY (14:00 UTC) SESSION OUTLOOK Redbook and housing data arrive mid-session. Watch 1.345 resistance; breach below 1.34 confirms bearish structure continuation. PRO UNLOCKS Entry 1.3390, SL 1.3485, TP1 1.3340, TP2 1.3300, FVG 1.3425–1.3440 — unlock with Pro

Key Levels

R: 1.34500 · 1.35000 · 1.36575

S: 1.34000 · 1.33500 · 1.33039