EURGBP London briefing — 2026-10-21

BIAS BEARISH. Daily trend, H4 and H1 EMAs aligned downward; RSI deeply oversold at 26.61; H4 and H1 fair value gaps bias lower. KEY LEVELS R: 0.84, 0.845, 0.86125 | S: 0.83842, 0.835, 0.83 NEWS 🟡 ECB Nagel speech (07:15 UTC) 🟡 ECB Cipollone speech (08:00 UTC) 🟡 DCLG House Price Index (08:30 UTC) SESSION OUTLOOK ECB rhetoric may pressure EUR lower early. Watch oversold RSI for pullback traps into resistance before continuation toward support.

Key Levels

R: 0.84000 · 0.84500 · 0.86125

S: 0.83842 · 0.83500 · 0.83000