EURJPY London briefing — 2026-10-08

BIAS BEARISH. D1 trend vote combined with aligned bearish H4 and H1 EMAs, plus bearish fair value gaps on both H4 and H1 timeframes, drive this direction. KEY LEVELS R: 177.5, 181.50 | S: 177.0, 176.20 NEWS 🔴 ECB Monetary Policy Meeting Accounts (11:30 UTC) 🟡 ECB Lane Speech (10:00 UTC) SESSION OUTLOOK London open will react to ECB accounts release. Watch 177.0 support; breaks below confirm bearish momentum into Asian hours.

Key Levels

R: 177.500 · 181.498

S: 177.000 · 176.201