EURGBP Asia briefing — 2026-05-12

BIAS BULLISH. H1 EMA bullish overrides neutral D1; RSI neutral supports continuation without overbought risk. KEY LEVELS R: 0.86894, 0.87, 0.875 | S: 0.865, 0.86198, 0.86 NEWS 🟡 ZEW Economic Sentiment (EUR) Tue 09:00 UTC 🟡 ECB Elderson Speech (EUR) Tue 10:40 UTC 🟡 Employment Change QoQ (EUR) Wed 09:00 UTC SESSION OUTLOOK Asia opens quiet; watch for EUR volatility ahead of ZEW and Elderson. Breaks above 0.86894 confirm upside momentum into European open. PRO UNLOCKS Entry 0.8662 | SL 0.8614 | TP1 0.8689 | TP2 0.8

Key Levels

R: 0.86894 · 0.87000 · 0.87500

S: 0.86500 · 0.86198 · 0.86000