EURGBP London briefing — 2026-07-23

BIAS NEUTRAL. H4/H1 EMA divergence conflicts with daily bullish structure; RSI overbought at 68 signals pullback risk despite bearish directional bias. KEY LEVELS R: 0.85753, 0.86 | S: 0.85, 0.84536 NEWS 🔴 ECB Main Refinancing Operations Rate (Thu 12:15 UTC) 🔴 ECB Monetary Policy Statement (Thu 12:15 UTC) 🔴 ECB Deposit Facility Rate (Thu 12:15 UTC) SESSION OUTLOOK ECB decisions dominate. Watch for EUR volatility spike around 12:15; range-bound setup likely pre-announcement. Support at 0.85 key pivot. PRO UNLOCKS Entry zones, stops, targets, FVG sweeps, Fib levels — unlock with Pro subscription.

Key Levels

R: 0.85500 · 0.85753 · 0.86000

S: 0.85000 · 0.84536 · 0.84500