GBPUSD New York briefing — 2026-08-04

BIAS BULLISH. Daily structure bullish; H4 EMA supports upside. H1 neutral and RSI midrange create caution, but higher timeframes dominate. KEY LEVELS R: 1.345, 1.35, 1.3546 | S: 1.34, 1.335, 1.32733 NEWS 🟡 Redbook Index (YoY) – 12:55 UTC 🟡 Factory Orders (MoM) – 14:00 UTC 🟡 JOLTS Job Openings – 14:00 UTC SESSION OUTLOOK Watch 1.345 resistance into the data cluster. USD weakness from soft data could extend cable toward 1.35; hold above 1.34 support to maintain bias.

Key Levels

R: 1.34500 · 1.35000 · 1.35460

S: 1.34000 · 1.33500 · 1.32733