EURGBP London briefing — 2026-07-01

BIAS BEARISH — H4/H1 EMAs aligned downside; RSI neutral 42.45 confirms no oversold bounce setup yet; D1 structure offers no bullish confirmation. KEY LEVELS R: 0.865, 0.87, 0.87038 | S: 0.86013, 0.86, 0.855 NEWS 🟡 Vujčić speech (ECB) 07:45 UTC 🟡 HCOB Manufacturing PMI (EUR) 08:00 UTC 🟡 S&P Global Manufacturing PMI (GBP) 08:30 UTC SESSION OUTLOOK Watch for post-speech volatility into UK PMI. Downtrend favors dips into support; hold shorts if 0.865 resistance holds. PRO UNLOCKS Entry scalp zones, SL placement, TP targets, liquidity sweeps, Fibonacci re

Key Levels

R: 0.86500 · 0.87000 · 0.87038

S: 0.86013 · 0.86000 · 0.85500