AI AssistantAI Market SuiteHomeAI AssistantAI Market SuiteHomeThe London session (Europe open · the liquidity hour) · updated 2026-09-23 08:00 UTC.
London Session Prep — 08:00–12:00 UTC
The dollar bid that carried Asia is still standing as London takes the baton: USD/JPY holds its BULLISH LEANING label at 157.482, while EUR/USD (1.14691) and GBP/USD (1.33731) both stay NEUTRAL — the story continues rather than reverses. The wires remain crypto-flavoured, with the ECB pushing to scrap MiCA's 60% stablecoin reserve rule, Tether walking away from its EU licence, and Binance taking a $100m Circle stake.
This window is heavy on talk, light on tier-one data — euro-area Flash Manufacturing and Services PMIs sit at Low, with a German 30-year bond auction alongside. The real weight is the UK's Flash Manufacturing and Services PMIs, both Medium, landing mid-morning.
What to watch: does the dollar bid hold through the European prints? USD/JPY's 157.28018 support is still the line — hold it and the lean has something to stand on; lose it and the H4 down structure gets a vote. Gold is the outlier, tilting BEARISH CLEAR with 4333.73 beneath and 4359.91 overhead. And with the tilt gauge flipping 6 times on USD/JPY and 4 on gold in 24 hours, treat any single label change as noise, not a turn.
23 Sep 08:00 UTCEUR Low
23 Sep 08:00 UTCEUR Low
23 Sep 08:30 UTCGBP Medium
23 Sep 08:30 UTCGBP Medium
23 Sep 09:34 UTCEUR Low