EURGBP London briefing — 2026-10-07

BIAS BEARISH. Trend vote (D1+H4+H1 EMAs aligned), H4/H1 fair value gaps, and oversold RSI(14) at 29.53 drive downside conviction. KEY LEVELS R: 0.85, 0.855, 0.86125 | S: 0.84582, 0.845, 0.84 NEWS 🟡 ECB Vujčić speech 07:20 UTC 🟡 ECB Vujčić speech 17:30 UTC 🟡 RICS Housing (GBP) 23:01 UTC SESSION OUTLOOK Morning speech risks EUR volatility; monitor GBP housing data at session close for directional confirmation.

Key Levels

R: 0.85000 · 0.85500 · 0.86125

S: 0.84582 · 0.84500 · 0.84000