EURGBP Asia briefing — 2026-10-22

BIAS BEARISH. D1+H4+H1 trend alignment, oversold RSI, and bearish fair value gaps across H4/H1 frames drive the bias. KEY LEVELS R: 0.84, 0.845, 0.86125 | S: 0.83714, 0.835, 0.83 NEWS 🔴 BoE Governor Bailey speech Thu 10:50 UTC 🟡 ECB Panetta speech Thu 12:15 UTC 🟡 EUR Consumer Confidence Thu 14:00 UTC SESSION OUTLOOK Bailey speech volatility may test resistance. RSI oversold creates bounce risk into early Asia; watch support hold at 0.83714 for continuation.

Key Levels

R: 0.84000 · 0.84500 · 0.86125

S: 0.83714 · 0.83500 · 0.83000