EURGBP London briefing — 2026-05-29

BIAS BULLISH. H1 EMA bullish structure overrides neutral D1; RSI 67.4 approaching overbought supports upside momentum. KEY LEVELS R: 0.87, 0.87308, 0.875 | S: 0.865, 0.86081, 0.86 NEWS 🔴 BoE Governor Bailey Speech – Fri 29 May, 08:20 UTC (GBP-sensitive) 🟡 CFTC EUR/GBP NC Positions – Fri 29 May, 19:30 UTC SESSION OUTLOOK Bailey speech likely triggers volatility; watch GBP reaction at 0.87 resistance. Divergent EMA signals mean breakout confirmation needed before acceleration. PRO UNLOCKS Entry 0.8688 | SL 0.8605 | TP1 0.8720 | TP2

Key Levels

R: 0.87000 · 0.87308 · 0.87500

S: 0.86500 · 0.86081 · 0.86000