EURGBP New York briefing — 2026-09-17

BIAS BEARISH. Daily structure bearish; H4 EMA bullish conflicts with H1 neutral and RSI 60.73 (not overbought). Directional conviction tempered by timeframe divergence, but D1 bears weight. KEY LEVELS R: 0.86157, 0.865 | S: 0.855, 0.85, 0.84888 NEWS 🔴 GBP Retail Sales MoM (Fri 18 Sep, 06:00 UTC) 🟡 GBP Retail Sales YoY, ex-Fuel MoM (Fri 18 Sep, 06:00 UTC) SESSION OUTLOOK NY session into Friday data. Watch 0.86 resistance rejection; weak retail sales could accelerate downside toward 0.855.

Key Levels

R: 0.86000 · 0.86157 · 0.86500

S: 0.85500 · 0.85000 · 0.84888