AUDJPY London briefing — 2026-11-03

BIAS BULLISH. Liquidity sweep of lows and bullish H4 fair value gaps drive upside, despite bearish H1 FVGs and divergent EMAs. KEY LEVELS R: 110.5, 111.56 | S: 110.00, 108.66 NEWS 🟡 AiG Construction PMI – Tue 22:00 UTC 🟡 AiG Manufacturing PMI – Tue 22:00 UTC 🟡 AiG Industry Index – Tue 22:00 UTC SESSION OUTLOOK London opens into medium data risk. Watch acceptance above 110.5 to confirm sweep strength; PMI misses could test support.

Key Levels

R: 110.500 · 111.561

S: 110.000 · 108.658