GBPUSD New York briefing — 2026-08-07

BIAS NEUTRAL — H4 bullish vs H1 bearish creates conflicting signals; RSI mid-range and D1 neutral offer no clear edge. KEY LEVELS R: 1.345, 1.35, 1.35065 | S: 1.34, 1.335, 1.32733 NEWS 🟡 Baker Hughes US Oil Rig Count (17:00 UTC) 🟡 Consumer Credit Change (19:00 UTC) 🟡 CFTC GBP NC Net Positions (19:30 UTC) SESSION OUTLOOK Watch for rejection or hold at 1.345 resistance. Low-impact data may trigger range-bound movement; avoid forcing trades on conflicting timeframes.

Key Levels

R: 1.34500 · 1.35000 · 1.35065

S: 1.34000 · 1.33500 · 1.32733