EURGBP Asia briefing — 2026-05-11

BIAS BULLISH. D1 structure dominates; H1 divergence overridden by daily uptrend confirmation. KEY LEVELS R: 0.87, 0.87001, 0.875 | S: 0.865, 0.86198, 0.86 NEWS 🟡 BRC Retail Sales (GBP) – Mon 23:01 UTC 🟡 ZEW Sentiment (EUR) – Tue 09:00 UTC 🟡 ECB Elderson Speech (EUR) – Tue 10:40 UTC SESSION OUTLOOK Asia session favors quiet consolidation near 0.866 support zone. Watch for GBP volatility spillover post-retail data; EUR events Tuesday trigger larger moves. PRO UNLOCKS [Entry targets, SL placement, TP1/TP2, FVG zones, liquidity sweeps, Fib extensions —

Key Levels

R: 0.87000 · 0.87001 · 0.87500

S: 0.86500 · 0.86198 · 0.86000