EURGBP Asia briefing — 2026-08-12

BIAS BEARISH. H1 EMA bearish with RSI neutral-depressed at 37, though H4 EMA diverges neutral—lower timeframe momentum favors sellers into resistance. KEY LEVELS R: 0.855, 0.85998, 0.86 | S: 0.85198, 0.845, 0.85 NEWS 🟡 RICS Housing (Wed 23:01 UTC) 🔴 GDP MoM + Goods Trade (Thu 06:00 UTC) SESSION OUTLOOK Asia session likely consolidates near 0.85443. GBP data risk Thu morning could spark volatility; watch for mean-reversion into support if overnight shorts overextend.

Key Levels

R: 0.85500 · 0.85998 · 0.86000

S: 0.85198 · 0.85000 · 0.84500