EURGBP Asia briefing — 2026-10-20

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA form aligned downtrend consensus; RSI neutral supports continuation without overextension. KEY LEVELS R: 0.845, 0.85, 0.86125 | S: 0.84, 0.8394, 0.835 NEWS 🔴 Claimant Count Change (GBP) 06:00 UTC 🟡 Average Earnings Excl. Bonus (GBP) 06:00 UTC 🟡 Average Earnings Incl. Bonus (GBP) 06:00 UTC SESSION OUTLOOK UK labour data drops at 06:00 UTC; watch GBP reaction into Sterling strength/weakness. H1/H4 FVGs bullish create bearish trap setup if driven lower.

Key Levels

R: 0.84500 · 0.85000 · 0.86125

S: 0.84000 · 0.83940 · 0.83500