EURGBP London briefing — 2026-11-06

BIAS BEARISH. D1 + H4 + H1 EMA alignment combined with H4 fair value gaps drives downside conviction; H1 bullish FVGs offer tactical resistance. KEY LEVELS R: 0.835, 0.84, 0.84785 | S: 0.83205, 0.83, 0.825 NEWS 🔴 Retail Sales YoY (EUR) Fri 10:00 UTC 🟡 Retail Sales MoM (EUR) Fri 10:00 UTC 🟡 ECB Lane Speech (EUR) Fri 09:30 UTC SESSION OUTLOOK Soft eurozone retail data risks accelerating bearish structure. Watch 0.835 for rejection; breaks below 0.83205 confirm lower target.

Key Levels

R: 0.83500 · 0.84000 · 0.84785

S: 0.83205 · 0.83000 · 0.82500