GBPUSD New York briefing — 2026-10-29

BIAS BULLISH. D1 trend, H4 EMA, and H1 EMA combined vote bullish despite H4/H1 fair value gaps leaning bearish and RSI neutral. KEY LEVELS R: 1.335, 1.34, 1.34198 | S: 1.33, 1.325, 1.31382 NEWS 🔴 Core PCE MoM (USD) 12:30 UTC 🔴 Core PCE YoY (USD) 12:30 UTC 🟡 Continuing Jobless Claims (USD) 12:30 UTC SESSION OUTLOOK PCE data at 12:30 UTC drives USD volatility. Watch reaction at 1.335 resistance; bullish continuation targets 1.34 if CPI data softens.

Key Levels

R: 1.33500 · 1.34000 · 1.34198

S: 1.33000 · 1.32500 · 1.31382