GBPUSD New York briefing — 2026-08-20

BIAS NEUTRAL — RSI extreme overbought conflicts with bullish EMA alignment and D1 structure; pullback risk despite uptrend setup. KEY LEVELS R: 1.365, 1.36584, 1.37 | S: 1.36, 1.355, 1.34183 NEWS 🟡 Fed's Musalem speech 15:10 UTC | 🔴 EIA Natural Gas, 4-Week Bill Auction (low impact) SESSION OUTLOOK Watch 1.365 resistance as rejection zone. Musalem speech could trigger USD volatility; overbought conditions favor consolidation over breakout.

Key Levels

R: 1.36500 · 1.36584 · 1.37000

S: 1.36000 · 1.35500 · 1.34183