EURGBP Asia briefing — 2026-08-05

BIAS BULLISH — H4/H1 EMAs aligned upside; RSI neutral (60) avoids overbought; D1 bearish creates pullback risk but doesn't negate intraday structure. KEY LEVELS R: 0.8593, 0.86, 0.865 | S: 0.855, 0.85, 0.848 NEWS 🟡 HCOB Composite PMI (EUR) Wed 08:00 UTC 🟡 HCOB Services PMI (EUR) Wed 08:00 UTC 🟡 S&P Global Composite PMI (GBP) Wed 08:30 UTC SESSION OUTLOOK Watch PMI prints for EUR/GBP momentum shift. Weak data could break the 0.8593 resistance; strong data extends the rally toward 0.86.

Key Levels

R: 0.85930 · 0.86000 · 0.86500

S: 0.85500 · 0.85000 · 0.84800