EURUSD London briefing — 2026-05-28

BIAS BEARISH. H4 EMA bearish overrides neutral RSI; D1 structure neutral supports downside bias per hierarchy. KEY LEVELS R: 1.165, 1.17, 1.18088 | S: 1.16, 1.15774, 1.155 NEWS 🟡 ECB Cipollone speech 08:30 UTC 🟡 Business Climate 09:00 UTC 🟡 Consumer Confidence 09:00 UTC SESSION OUTLOOK ECB data risks spike volatility early. Watch holds above 1.16 support; break unlocks lower targets. PRO UNLOCKS Entry 1.1605 | SL 1.1675 | TP1 1.1550 | TP2 1.1520 | FVG 1.1620–1.1645 | Liquidity sweep 1.17 — unlock

Key Levels

R: 1.16500 · 1.17000 · 1.18088

S: 1.16000 · 1.15774 · 1.15500