AUDJPY London briefing — 2026-05-18

BIAS BULLISH — D1 structure confirms upside despite H4/H1 neutrality; RSI 52.3 permits continuation. KEY LEVELS R: 114, 114.74 | S: 113.5, 111.39 NEWS 🔴 JPY GDP QoQ — Mon 23:50 UTC 🟡 JPY GDP Annualized — Mon 23:50 UTC 🟡 JPY GDP Deflator YoY — Mon 23:50 UTC SESSION OUTLOOK Watch 114 resistance into GDP data. Weak JPY prints may accelerate bulls; strong prints risk breakdown to 113.5. PRO UNLOCKS Entry zones, SL placement, TP targets, FVG confluences, liquidity sweeps — upgrade to Pro.

Key Levels

R: 114.000 · 114.737

S: 113.500 · 111.395