EURGBP Asia briefing — 2026-05-07

BIAS BEARISH — D1 structure overrides neutral H4/H1; RSI 55 offers no support for bulls. KEY LEVELS R: 0.865, 0.87, 0.87247 | S: 0.86198, 0.86, 0.855 NEWS 🟡 ECB De Guindos speech (07:15 UTC) 🟡 Retail Sales MoM EUR (09:00 UTC) 🟡 Construction PMI GBP (08:30 UTC) SESSION OUTLOOK Asia session likely quiet; watch for intraday consolidation near 0.86433. Speech and PMI could trigger directional moves into London open. PRO UNLOCKS Unlock exact entry, SL, TP1/TP2, FVG zones, liquidity sweeps, Fibonacci targets — Pro subscribers only.

Key Levels

R: 0.86500 · 0.87000 · 0.87247

S: 0.86198 · 0.86000 · 0.85500