EURGBP London briefing — 2026-07-03

BIAS BEARISH. D1 structure weak; H4/H1 EMAs aligned down; RSI neutral but price holding below resistance confirms downside bias. KEY LEVELS R: 0.86, 0.865, 0.87038 | S: 0.855, 0.85455, 0.85 NEWS 🔴 ECB Lagarde speech 08:00 UTC 🟡 HCOB Composite PMI 08:00 UTC 🟡 HCOB Services PMI 08:00 UTC SESSION OUTLOOK Lagarde speech at London open could trigger volatility; watch 0.86 resistance rejection. Downside target 0.855 if ECB dovish tilts EUR weaker. PRO UNLOCKS Entry/SL/TP, FVG zones, liquidity sweeps, Fibonacci clusters—unlock with Pro subscription.

Key Levels

R: 0.86000 · 0.86500 · 0.87038

S: 0.85500 · 0.85455 · 0.85000