EURGBP London briefing — 2026-10-22

BIAS BEARISH. D1 + H4 + H1 EMAs aligned downward; H4 and H1 fair value gaps confirm; RSI neutral (no divergence). KEY LEVELS R: 0.84, 0.845, 0.86125 | S: 0.83714, 0.835, 0.83 NEWS 🔴 BoE Bailey speech Thu 10:50 UTC 🟡 ECB Panetta speech Thu 12:15 UTC 🟡 EUR Consumer Confidence Thu 14:00 UTC SESSION OUTLOOK Bailey commentary risks GBP strength; monitor for momentum breaks below support on London open. Panetta and confidence data follow.

Key Levels

R: 0.84000 · 0.84500 · 0.86125

S: 0.83714 · 0.83500 · 0.83000