EURGBP London briefing — 2026-08-26

BIAS NEUTRAL — RSI at midpoint (50.41), H1/H4 EMAs divergent, D1 structure indecisive. Bullish label conflicts with weak momentum confirmation. KEY LEVELS R: 0.86, 0.85998, 0.865 | S: 0.855, 0.85102, 0.85 NEWS 🟡 ECB Cipollone speech Wed 10:10 UTC (EUR-sensitive) SESSION OUTLOOK London opens into Cipollone remarks. Watch 0.855–0.86 range for breakout direction. Speech volatility could resolve the neutral setup.

Key Levels

R: 0.85998 · 0.86000 · 0.86500

S: 0.85500 · 0.85102 · 0.85000