EURGBP London briefing — 2026-07-29

BIAS BULLISH. Daily structure bullish; H1 EMA confirms upside, though H4 neutral and RSI overbought at 66.51 warrant caution. KEY LEVELS R: 0.8574, 0.86, 0.865 | S: 0.855, 0.85, 0.84536 NEWS 🟡 Consumer Credit (GBP) – 08:30 UTC 🟡 M4 Money Supply MoM/YoY (GBP) – 08:30 UTC SESSION OUTLOOK UK data drops early; watch reaction at 0.8574 resistance. RSI divergence limits upside extension; breaks below 0.855 shift bias lower. PRO UNLOCKS Entry/SL/TP, FVG zones, liquidity sweeps, Fibonacci targets → unlock with Pro

Key Levels

R: 0.85740 · 0.86000 · 0.86500

S: 0.85500 · 0.85000 · 0.84536