EURUSD London briefing — 2026-09-25

BIAS BEARISH. D1 + H4 + H1 EMAs aligned bearish; H4 and H1 fair value gaps confirm downside; RSI neutral does not override trend structure. KEY LEVELS R: 1.14, 1.145, 1.16538 | S: 1.13598, 1.135, 1.13 NEWS 🟡 M3 Money Supply (3m, YoY) + Private Loans (YoY) at 08:00 UTC — low impact. SESSION OUTLOOK Watch for break below 1.13598 to confirm trend continuation. London open may trigger liquidity toward resistance before selling pressure resumes.

Key Levels

R: 1.14000 · 1.14500 · 1.16538

S: 1.13598 · 1.13500 · 1.13000