EURGBP London briefing — 2026-08-25

BIAS BEARISH. D1 structure bearish; H1 EMA bearish; RSI 38 neutral but price holding below resistance cluster signals downside bias. KEY LEVELS R: 0.855, 0.85998, 0.86 | S: 0.85102, 0.85, 0.845 NEWS 🟡 ECB Cipollone speech Wed 26 Aug 10:10 UTC (medium impact EUR) SESSION OUTLOOK Watch 0.855 rejection for continuation lower. Cipollone speech tomorrow adds EUR volatility risk; London may consolidate ahead.

Key Levels

R: 0.85500 · 0.85998 · 0.86000

S: 0.85102 · 0.85000 · 0.84500