GBPUSD New York briefing — 2026-05-21

BIAS BEARISH — H4 EMA bearish structure overrides D1 bullish per hierarchy; RSI neutral supports downside continuation. KEY LEVELS R: 1.345, 1.35, 1.36524 | S: 1.34, 1.335, 1.33039 NEWS 🔴 S&P Global Manufacturing PMI (USD) Thu 13:45 UTC 🔴 S&P Global Services PMI (USD) Thu 13:45 UTC 🟡 S&P Global Composite PMI (USD) Thu 13:45 UTC SESSION OUTLOOK High-impact PMI data at NY open may trigger volatility around 1.345 resistance. Watch for break below 1.34 support to confirm bearish continuation. PRO UNLOCKS Entry 1.3410, SL 1.3490, TP1 1.3350, TP2

Key Levels

R: 1.34500 · 1.35000 · 1.36524

S: 1.34000 · 1.33500 · 1.33039