EURGBP London briefing — 2026-10-09

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA combined with bearish H4 fair-value gaps drive directional pressure lower despite neutral RSI. KEY LEVELS R: 0.85, 0.855, 0.86125 | S: 0.845, 0.8448, 0.84 NEWS 🟡 ECB Cipollone speech (10:15 UTC) 🟡 ECB Schnabel speech (13:30 UTC) SESSION OUTLOOK Two ECB speakers risk volatility around noon. Watch support holds; H1 bullish FVGs offer counter-structure into early pullbacks.

Key Levels

R: 0.85000 · 0.85500 · 0.86125

S: 0.84500 · 0.84480 · 0.84000