EURGBP Asia briefing — 2026-05-06

BIAS BEARISH. D1 structure confirmed by aligned H4/H1 EMAs; RSI neutral doesn't override downtrend structure. KEY LEVELS R: 0.865, 0.87, 0.87247 | S: 0.86198, 0.86, 0.855 NEWS 🟡 ECB Lane speech Wed 08:00 UTC 🟡 HCOB Composite PMI Wed 08:00 UTC 🟡 HCOB Services PMI Wed 08:00 UTC SESSION OUTLOOK Asia session likely quiet; watch for tape damage into EU open. ECB/PMI releases Wed could spike volatility; bias holds unless 0.865 breaks decisively. PRO UNLOCKS Entry 0.8615, SL 0.8655, TP1 0.86, TP2 0.855 — FVG 0.8

Key Levels

R: 0.86500 · 0.87000 · 0.87247

S: 0.86198 · 0.86000 · 0.85500