EURGBP London briefing — 2026-10-02

BIAS BEARISH. D1 + H4 + H1 trend alignment, oversold RSI(14) at 27.98, and bearish fair value gaps on H4 and H1 drive the bias. KEY LEVELS R: 0.855, 0.86, 0.86125 | S: 0.85054, 0.85, 0.845 NEWS 🔴 Core HIC MoM & YoY (EUR) 09:00 UTC 🟡 Cipollone speech (EUR) 07:30 UTC SESSION OUTLOOK High-impact inflation data pre-London open pressures EUR lower. Monitor 0.85054 support for continuation into fair value gap targets.

Key Levels

R: 0.85500 · 0.86000 · 0.86125

S: 0.85054 · 0.85000 · 0.84500