EURGBP New York briefing — 2026-08-10

BIAS BEARISH. H1 EMA bearish, H4 neutral, RSI 40.83 creeping toward oversold—divergence between timeframes suggests downside pressure remains intact despite mixed signals. KEY LEVELS R: 0.86, 0.85998, 0.865 | S: 0.855, 0.85169, 0.85 NEWS 🟡 BRC Like-For-Like Retail Sales (GBP) Mon 23:01 UTC SESSION OUTLOOK Watch for GBP volatility spike on retail sales print. Price testing 0.855 support; hold confirms bearish structure, break risks reversal toward 0.86 resistance.

Key Levels

R: 0.85998 · 0.86000 · 0.86500

S: 0.85500 · 0.85169 · 0.85000