EURUSD London briefing — 2026-11-06

BIAS BEARISH. Trend vote (D1+H4+H1 EMAs) combined with H4 and H1 fair value gaps drive downside conviction. KEY LEVELS R: 1.12, 1.125, 1.12734 | S: 1.115, 1.11068, 1.11 NEWS 🟡 ECB Lane speech 09:30 UTC 🟡 Fed Williams speech 09:30 UTC 🟡 EUR Retail Sales 10:00 UTC SESSION OUTLOOK Dual central bank rhetoric at London open may spark volatility. Watch 1.12 resistance rejection; support at 1.115 critical for bearish continuation.

Key Levels

R: 1.12000 · 1.12500 · 1.12734

S: 1.11500 · 1.11068 · 1.11000