EURGBP Asia briefing — 2026-08-20

BIAS BULLISH. H1/H4 EMAs aligned upward; RSI overbought signals momentum, not weakness, within bullish structure. D1 neutral doesn't contradict—higher timeframes confirm direction. KEY LEVELS R: 0.86, 0.865 | S: 0.855, 0.851, 0.85 NEWS 🟡 Construction Output (EUR) Thu 09:00 UTC 🟡 ECB Sleijpen speech Thu 19:30 UTC SESSION OUTLOOK Asia watches 0.86 resistance; Construction data low-impact. Sleijpen speech later could shift sentiment—monitor for speech-driven volatility into London overlap.

Key Levels

R: 0.85998 · 0.86000 · 0.86500

S: 0.85500 · 0.85102 · 0.85000