GBPUSD New York briefing — 2026-11-02

BIAS BULLISH. Trend vote (D1 + EMA H4 + EMA H1) and aligned H4/H1 EMAs combined with bullish fair value gaps drive conviction; liquidity sweep of highs presents counter-pressure. KEY LEVELS R: 1.34483, 1.345, 1.35 | S: 1.34, 1.335, 1.31382 NEWS 🟡 ISM Manufacturing Employment Index (Mon 15:00 UTC) 🔴 S&P Global Manufacturing PMI (Mon 14:45 UTC) 🔴 Construction Spending MoM (Mon 15:00 UTC) SESSION OUTLOOK Watch PMI/Construction data at 14:45–15:00 UTC for USD reaction. Bullish structure holds if price sustains above 1.34 support.

Key Levels

R: 1.34483 · 1.34500 · 1.35000

S: 1.34000 · 1.33500 · 1.31382