EURGBP New York briefing — 2026-08-18

BIAS BULLISH. H4/H1 EMAs aligned bullish; RSI neutral avoids overbought trap; D1 structure remains supporting. KEY LEVELS R: 0.85998, 0.86, 0.865 | S: 0.855, 0.85102, 0.85 NEWS 🔴 GBP CPI (MoM/YoY) + Core CPI Wed 06:00 UTC—major volatility catalyst pre-session close. SESSION OUTLOOK Price eyes 0.85998 resistance. CPI prints overnight could spark retest of support or breakout. Monitor positioning ahead of data.

Key Levels

R: 0.85998 · 0.86000 · 0.86500

S: 0.85500 · 0.85102 · 0.85000