EURUSD London briefing — 2026-05-01

**EURUSD — LONDON SESSION (2026-05-01)** Bias is NEUTRAL despite bullish H4/H1 EMA alignment, as daily structure remains bearish and price sits near overbought RSI (67.87). Watch resistance at 1.18—a break above unlocks 1.18488, but failure here favors retest of 1.175 support. No economic data today; trade technicals and intraday momentum only.

Key Levels

R: 1.18000 · 1.18488 · 1.18500

S: 1.17500 · 1.17000 · 1.16560