EURGBP Asia briefing — 2026-07-22

BIAS BEARISH. D1 bullish structure conflicts with H4 neutral and bearish bias, but RSI overbought (64) and H1 bullish divergence suggest exhaustion into resistance. KEY LEVELS R: 0.86, 0.85753, 0.855 | S: 0.85, 0.84536, 0.845 NEWS 🔴 GBP CPI (MoM, YoY) + Core CPI (YoY) — Wed 22 Jul, 06:00 UTC SESSION OUTLOOK High volatility expected pre-CPI. Watch for break above 0.855 (pullback trigger) or rejection into support at 0.85. CPI data critical for GBP direction. PRO UNLOCKS Entry zones, SL placement, TP clusters, FVG liquidity sweeps, Fibonacci extension targets — unlock with Pro.

Key Levels

R: 0.85500 · 0.85753 · 0.86000

S: 0.85000 · 0.84536 · 0.84500