EURUSD London briefing — 2026-09-29

BIAS BEARISH. D1 + H4 + H1 EMAs aligned downside; H4 and H1 fair value gaps both bearish; RSI neutral supports continuation without reversal signal. KEY LEVELS R: 1.14, 1.145, 1.16538 | S: 1.13527, 1.135, 1.13 NEWS 🟡 Cipollone speech (ECB) 07:45 UTC 🟡 Business Climate (EUR) 09:00 UTC 🟡 Consumer Confidence (EUR) 09:00 UTC SESSION OUTLOOK London open may see volatility around ECB commentary and eurozone sentiment data. Watch 1.14 resistance hold; lower support at 1.135 critical.

Key Levels

R: 1.14000 · 1.14500 · 1.16538

S: 1.13527 · 1.13500 · 1.13000