EURUSD London briefing — 2026-10-29

BIAS BEARISH. D1 + H4 + H1 trend alignment combined with bearish H4 and H1 fair value gaps drive direction; RSI neutral confirms no counterforce. KEY LEVELS R: 1.115, 1.12, 1.12861 | S: 1.11127, 1.11, 1.105 NEWS 🟡 Business Climate (EUR) Thu 10:00 UTC 🟡 Consumer Confidence (EUR) Thu 10:00 UTC 🟡 Economic Sentiment Indicator (EUR) Thu 10:00 UTC SESSION OUTLOOK Three medium-impact EUR data releases trigger volatility around 10:00 UTC. Watch price reaction at resistance 1.115; downside bias favors support tests.

Key Levels

R: 1.11500 · 1.12000 · 1.12861

S: 1.11127 · 1.11000 · 1.10500