GBPUSD New York briefing — 2026-10-28

BIAS BEARISH. H4 and H1 fair value gaps combined with H1 EMA bearish lean drive direction despite oversold RSI(14) and neutral D1 trend. KEY LEVELS R: 1.33, 1.335, 1.34198 | S: 1.325, 1.32, 1.31382 NEWS 🟡 Goods Trade Balance (USD) 12:30 UTC 🟡 Wholesale Inventories (USD) 12:30 UTC 🟡 EIA Crude Oil Stocks (USD) 14:30 UTC SESSION OUTLOOK Low-impact data releases allow price to respect H1/H4 FVG structure. Monitor 1.325 support for continuation signal.

Key Levels

R: 1.33000 · 1.33500 · 1.34198

S: 1.32500 · 1.32000 · 1.31382