EURGBP Asia briefing — 2026-05-18

BIAS BULLISH. D1 structure confirmed; H4/H1 EMAs aligned upside; RSI neutral doesn't invalidate higher timeframe conviction. KEY LEVELS R: 0.87304, 0.875, 0.88 | S: 0.87, 0.865, 0.86198 NEWS 🟡 ECB Elderson speech Mon 07:30 UTC (medium impact EUR) SESSION OUTLOOK Asia session tight range likely; watch for breakout toward 0.875 on ECB anticipation. Support at 0.87 holds bias. PRO UNLOCKS Entry 0.8735 | SL 0.8698 | TP1 0.8758 | TP2 0.88 | FVG 0.8715–0.8725 | Liquidity sweep 0.865 | Fib 0.618 reject 0.

Key Levels

R: 0.87304 · 0.87500 · 0.88000

S: 0.87000 · 0.86500 · 0.86198