EURGBP New York briefing — 2026-05-07

BIAS BEARISH — D1 structure confirms downtrend despite neutral RSI; H4 EMA bearish overrides H1 noise. KEY LEVELS R: 0.865, 0.87, 0.87247 | S: 0.86198, 0.86, 0.855 NEWS 🟡 ECB Lane speech — 12:40 UTC 🟡 ECB Schnabel speech — 17:00 UTC SESSION OUTLOOK ECB speakers may trigger EUR volatility; watch 0.865 resistance rejection. Bias favors shorts into NY close if resistance holds. PRO UNLOCKS Entry 0.8625 | SL 0.8655 | TP1 0.86 | TP2 0.855 | FVG 0.8640–0.8650 | Liquidity sweep 0.865 | Fib 38.2

Key Levels

R: 0.86500 · 0.87000 · 0.87247

S: 0.86198 · 0.86000 · 0.85500