EURGBP London briefing — 2026-10-27

BIAS BEARISH. D1 + H4 + H1 EMAs aligned downward; H4 and H1 fair value gaps both bearish; D1 structure confirms direction. KEY LEVELS R: 0.84, 0.845, 0.85764 | S: 0.83604, 0.835, 0.83 NEWS 🔴 ECB Bank Lending Survey (EUR) – Tue 09:00 UTC SESSION OUTLOOK ECB lending data may pressure EUR. Watch 0.84 resistance; break below 0.83604 extends the bearish setup into London close.

Key Levels

R: 0.84000 · 0.84500 · 0.85764

S: 0.83604 · 0.83500 · 0.83000