EURGBP Asia briefing — 2026-09-04

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; RSI 60 neutral but not overbought; D1 structure neutral doesn't contradict lower timeframe momentum. KEY LEVELS R: 0.86, 0.86157, 0.865 | S: 0.855, 0.85, 0.84888 NEWS 🔴 BoE Governor Bailey speech 08:50 UTC 🟡 ECB Lane speech 09:00 UTC 🟡 S&P Global Construction PMI (GBP) 08:30 UTC SESSION OUTLOOK Bailey and Lane speeches dominate. GBP volatility likely; watch EUR reaction to Lane's tone. Bullish setup vulnerable to hawkish surprises.

Key Levels

R: 0.86000 · 0.86157 · 0.86500

S: 0.85500 · 0.85000 · 0.84888