EURGBP London briefing — 2026-08-20

BIAS BULLISH. H4/H1 EMAs aligned uptrend; RSI at 68 (neutral zone, not overbought); D1 structure neutral but intraday momentum intact. KEY LEVELS R: 0.86, 0.865 | S: 0.855, 0.85102 NEWS 🟡 EUR Construction Output (MoM/YoY) Thu 09:00 UTC 🟡 ECB Sleijpen speech Thu 19:30 UTC SESSION OUTLOOK Early data unlikely to trigger volatility. Watch ECB speech for EUR catalyst into London close.

Key Levels

R: 0.85998 · 0.86000 · 0.86500

S: 0.85500 · 0.85102 · 0.85000