EURGBP New York briefing — 2026-05-08

BIAS BEARISH. D1 structure confirms downside despite neutral RSI and mixed intraday EMAs; hierarchy applies. KEY LEVELS R: 0.865, 0.87, 0.87196 | S: 0.86198, 0.86, 0.855 NEWS 🟡 ECB Schnabel speech 16:00 UTC 🟡 ECB Nagel speech 16:15 UTC 🟡 CFTC EUR NC Positions 19:30 UTC SESSION OUTLOOK ECB speakers may trigger volatility; watch for breaks below 0.86198 to confirm bearish momentum into US close. PRO UNLOCKS [Entry zones, SL placement, TP1/TP2 targets, FVG liquidity sweeps, Fibonacci retracements — unlock with Pro]

Key Levels

R: 0.86500 · 0.87000 · 0.87196

S: 0.86198 · 0.86000 · 0.85500