EURGBP Asia briefing — 2026-05-08

BIAS BEARISH. D1 structure overrides bullish H1 divergence; RSI overbought at 65.75 signals pullback risk. KEY LEVELS R: 0.87, 0.87196, 0.875 | S: 0.865, 0.86198, 0.86 NEWS 🔴 ECB President Lagarde speech (07:00 UTC) — EUR volatility expected 🟡 Halifax House Prices MoM/YoY (06:00 UTC) — GBP minor impact SESSION OUTLOOK Lagarde speech drives EUR direction; watch 0.865 support hold. Expect range consolidation before London session acceleration. PRO UNLOCKS Entry 0.8642, SL 0.8680, TP1 0.8598, TP2 0.8560, FVG 0.8670-0.8685, liqu

Key Levels

R: 0.87000 · 0.87196 · 0.87500

S: 0.86500 · 0.86198 · 0.86000