EURGBP Asia briefing — 2026-10-02

BIAS BEARISH. D1 + H4 + H1 trend alignment, oversold RSI(14) at 29.22, and bearish fair value gaps on both H4 and H1 drive the directional bias. KEY LEVELS R: 0.855, 0.86, 0.86125 | S: 0.85054, 0.85, 0.845 NEWS 🔴 Core Harmonized CPI (MoM/YoY) — Fri 09:00 UTC 🟡 Cipollone speech — Fri 07:30 UTC SESSION OUTLOOK Watch ECB commentary and CPI data Friday morning for EUR conviction. Oversold conditions invite pullback scalps into resistance; hold shorts below 0.855.

Key Levels

R: 0.85500 · 0.86000 · 0.86125

S: 0.85054 · 0.85000 · 0.84500