EURGBP London briefing — 2026-10-12

BIAS BEARISH. D1 + H4 + H1 EMAs aligned downside; H4 and H1 fair value gaps support lower prices; RSI neutral permits further decline. KEY LEVELS R: 0.85, 0.855, 0.86125 | S: 0.845, 0.8448, 0.84 NEWS 🟡 BoE Breeden 09:30 UTC 🟡 ECB Vujčić 10:00 UTC 🟡 BoE Mann 12:50 UTC SESSION OUTLOOK Three central bank speeches inject volatility early. Watch support holds at 0.845; breach risks cascade to 0.8448.

Key Levels

R: 0.85000 · 0.85500 · 0.86125

S: 0.84500 · 0.84480 · 0.84000