EURUSD London briefing — 2026-08-19

BIAS BULLISH. H1/H4 EMAs aligned bullish, D1 structure supports upside, RSI neutral (63) avoids overbought extremes. KEY LEVELS R: 1.16, 1.16161, 1.165 | S: 1.155, 1.15, 1.14565 NEWS 🟡 Core Harmonized CPI (EUR) 09:00 UTC | 🔴 Current Account n.s.a & s.a (EUR) 08:00 UTC SESSION OUTLOOK London opens into two data prints; watch CPI for inflation surprise. Bullish structure holds if support 1.155 intact; break 1.16 unlocks 1.16161.

Key Levels

R: 1.16000 · 1.16161 · 1.16500

S: 1.15500 · 1.15000 · 1.14565