EURGBP London briefing — 2026-08-07

BIAS BULLISH. D1 structure supports upside; H4 EMA aligned bullish. H1 neutral and RSI midpoint warrant caution on intraday conviction, but daily bias holds. KEY LEVELS R: 0.8593, 0.86, 0.865 | S: 0.855, 0.85, 0.848 NEWS CFTC EUR NC Net Positions 🟡 Fri 19:30 UTC | CFTC GBP NC Net Positions 🟡 Fri 19:30 UTC SESSION OUTLOOK London open: watch 0.8593 resistance for momentum. CFTC data release may spark positioning shifts; monitor for breakout or consolidation above 0.855 support.

Key Levels

R: 0.85930 · 0.86000 · 0.86500

S: 0.85500 · 0.85000 · 0.84800