EURUSD London briefing — 2026-10-15

BIAS BEARISH. D1 structure, H4 EMA, and combined trend voting drive downside despite H1 fair value gaps and neutral RSI offering pullback friction. KEY LEVELS R: 1.125, 1.13, 1.14956 | S: 1.12, 1.115, 1.1114 NEWS 🟡 Industrial Production s.a. (EUR) Thu 09:00 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC SESSION OUTLOOK London opens into EUR data risk. Watch 1.125 resistance rejection; support hold at 1.12 confirms bearish structure into US afternoon.

Key Levels

R: 1.12500 · 1.13000 · 1.14956

S: 1.12000 · 1.11500 · 1.11140