EURUSD London briefing — 2026-10-30

BIAS BEARISH. Daily structure, H4 EMA, and H1 EMA alignment override neutral RSI and bullish intraday fair value gaps. KEY LEVELS R: 1.12, 1.125, 1.12786 | S: 1.115, 1.11068, 1.11 NEWS 🔴 EUR GDP QoQ s.a. — 10:00 UTC 🔴 EUR GDP YoY s.a. — 10:00 UTC 🟡 EUR Unemployment — 10:00 UTC SESSION OUTLOOK GDP data at London open will test 1.12 resistance. Watch for breakdown continuation toward 1.115 support if data disappoints.

Key Levels

R: 1.12000 · 1.12500 · 1.12786

S: 1.11500 · 1.11068 · 1.11000