The London session (Europe open · the liquidity hour) · updated 2026-08-26 08:00 UTC.
Same story at the open: bitcoin’s rally paused near three-month highs, oil softer, Asian equities mostly firmer. The London data tray is light — UBS Economic Expectations (CHF) and CBI Realized Sales (GBP) are low-impact — so headlines and technicals do the heavy lifting.
FX bulls still lead: GBP/USD is the cleanest uptrend, D1/H4/H1 all up, but squeezed between 1.36328 and 1.36530 — a breakout picks a direction. EUR/USD is neutral-bullish, capped at 1.16703 with support at 1.16590. USD/JPY is boxed between 158.88763 and 159.03458. Gold has open ground overhead, though H4 momentum is cooling. Oil is the odd one out: bearish-leaning, H4 RSI 28.2, so watch 80.05 for a bounce rather than a chase lower.
AUD/USD carries the Asia momentum — RSI 69, +0.31% over 8h — the Aussie jolt landed. Crypto is soft: BTC neutral with negative drift, ETH bearish. No big data, so watch whether FX bulls hold their squeeze levels and whether oversold oil finds a bid. Keep the coffee close.
26 Aug 08:00 UTCCHF Low
26 Aug 10:00 UTCGBP Low