EURGBP Asia briefing — 2026-07-16

BIAS BEARISH. H4/H1 EMAs aligned downward; RSI oversold at 28.21 signals exhaustion before potential bounce—watch structure. KEY LEVELS R: 0.85, 0.855, 0.86375 | S: 0.84536, 0.845, 0.84 NEWS 🟡 GDP (MoM) Thu 06:00 UTC 🔴 Goods Trade Balance Thu 06:00 UTC 🔴 Index of Services Thu 06:00 UTC SESSION OUTLOOK GBP data releases hit at 06:00 UTC. Watch if weak prints accelerate downside toward 0.845 support or trigger oversold bounce into resistance. PRO UNLOCKS [Pro members unlock exact entry zones, SL placement, TP1/TP2 targets, FVG locations, liquidity sweeps, Fib extensions]

Key Levels

R: 0.85000 · 0.85500 · 0.86375

S: 0.84536 · 0.84500 · 0.84000