EURGBP London briefing — 2026-08-12

BIAS BEARISH. H1 EMA bearish while H4 neutral creates downside setup; RSI at 33.79 offers room to probe support without oversold extremes. KEY LEVELS R: 0.855, 0.85998, 0.86 | S: 0.85198, 0.85, 0.845 NEWS 🟡 RICS Housing Price Balance (GBP) 23:01 UTC today 🟡 Gross Domestic Product MoM (GBP) 06:00 UTC tomorrow SESSION OUTLOOK London open may test support into lower prints. GDP release tomorrow amplifies volatility; watch GBP reaction into Thursday's fix.

Key Levels

R: 0.85500 · 0.85998 · 0.86000

S: 0.85198 · 0.85000 · 0.84500