EURGBP New York briefing — 2026-10-20

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA alignment drive direction despite bullish FVGs on intraday timeframes. KEY LEVELS R: 0.845, 0.85, 0.86125 | S: 0.84, 0.8394, 0.835 NEWS 🟡 ECB Lane speech Wed 04:15 UTC 🔴 GBP CPI (MoM/YoY) Wed 06:00 UTC SESSION OUTLOOK NY session tests support zone; GBP inflation data Wednesday morning will dictate follow-through. Watch 0.84 hold.

Key Levels

R: 0.84500 · 0.85000 · 0.86125

S: 0.84000 · 0.83940 · 0.83500