EURGBP London briefing — 2026-06-23

BIAS NEUTRAL. D1 bullish structure conflicts with H1 bearish EMA and RSI at 34 (oversold yet not reversing decisively). Divergence lacks conviction. KEY LEVELS R: 0.865, 0.87, 0.87038 | S: 0.86159, 0.86, 0.855 NEWS 🔴 HCOB Composite PMI (EUR) — 08:00 UTC 🔴 HCOB Manufacturing PMI (EUR) — 08:00 UTC 🟡 ECB Escrivá Speech — 08:00 UTC SESSION OUTLOOK High-impact eurozone data hits at London open. Soft PMI readings could weaken EUR; watch for reaction at 0.865 resistance. RSI oversold may invite dip-buyers near 0.86. PRO UNLOCKS Entry zones, SL placement, TP

Key Levels

R: 0.86500 · 0.87000 · 0.87038

S: 0.86159 · 0.86000 · 0.85500