EURUSD London briefing — 2026-08-27

BIAS BEARISH — H1 EMA bearish, RSI neutral at 42.8, D1 structure lacking conviction but lower timeframe bias favors shorts. KEY LEVELS R: 1.17109, 1.175 | S: 1.165, 1.16, 1.1512 NEWS 🟡 M3 Money Supply (3m, YoY) + Private Loans (YoY) — Thu 08:00 UTC. Low impact. SESSION OUTLOOK Watch 1.165 hold as pivot. London open may test resistance 1.17; break below support confirms bearish extension toward 1.16.

Key Levels

R: 1.17000 · 1.17109 · 1.17500

S: 1.16500 · 1.16000 · 1.15120