EURGBP London briefing — 2026-10-26

BIAS BEARISH. Daily structure, H4 EMA, and H4 fair value gaps align downward despite H1 divergence and neutral RSI. KEY LEVELS R: 0.84, 0.845, 0.85859 | S: 0.83604, 0.835, 0.83 NEWS 🔴 ECB Bank Lending Survey (Tue 09:00 UTC) 🟡 BRC Shop Price Index (Tue 00:01 UTC) SESSION OUTLOOK London opens into ECB risk. Watch price reaction at 0.84 resistance; failure to hold opens downside to 0.835 support.

Key Levels

R: 0.84000 · 0.84500 · 0.85859

S: 0.83604 · 0.83500 · 0.83000