EURGBP Asia briefing — 2026-09-16

BIAS BEARISH. Daily structure bearish; H1/H4 EMAs neutral but RSI at 42 supports downside momentum without overbought resistance. KEY LEVELS R: 0.86157, 0.865 | S: 0.855, 0.85, 0.84888 NEWS 🔴 GBP CPI (MoM/YoY) + Core CPI (YoY) — Wed 06:00 UTC. High impact. SESSION OUTLOOK Hot UK inflation data at Asia close could spark volatility into London open. Watch rejection at 0.86 or breakdown below 0.855.

Key Levels

R: 0.86000 · 0.86157 · 0.86500

S: 0.85500 · 0.85000 · 0.84888