EURGBP London briefing — 2026-09-22

BIAS BULLISH. Daily structure, H4 and H1 EMA alignment drive upside; H1 fair value gaps support continuation despite H4 FVG headwinds. KEY LEVELS R: 0.86157, 0.865 | S: 0.85521, 0.855, 0.85 NEWS 🔴 Lagarde speech 12:00 UTC 🟡 Nagel speech 08:30 UTC 🟡 Consumer Confidence 14:00 UTC SESSION OUTLOOK Lagarde speech at London peak volatility presents key risk. Watch holds above 0.85521; breaks trigger stops into support cluster.

Key Levels

R: 0.86000 · 0.86157 · 0.86500

S: 0.85521 · 0.85500 · 0.85000