EURGBP London briefing — 2026-10-06

BIAS BEARISH. D1 + H4 + H1 trend alignment, bearish H4 and H1 fair value gaps, and neutral RSI 32.77 confirm downside momentum. KEY LEVELS R: 0.85, 0.855, 0.86125 | S: 0.84582, 0.845, 0.84 NEWS 🟡 S&P Global Construction PMI (GBP) 08:30 UTC 🟡 BoE Mann speech (GBP) 08:40 UTC 🟡 Retail Sales MoM (EUR) 09:00 UTC SESSION OUTLOOK London opens with three medium-impact drivers. Watch GBP volatility around PMI and Mann's remarks; EUR retail sales may add competing pressure. Respect support zone 0.84582–0.845.

Key Levels

R: 0.85000 · 0.85500 · 0.86125

S: 0.84582 · 0.84500 · 0.84000