GBPJPY Asia briefing — 2026-05-15

BIAS BEARISH — D1 structure + H4/H1 aligned downside; RSI neutral supports continuation rather than reversal. KEY LEVELS R: 212.5, 216.61 | S: 212.00, 210.59 NEWS 🟡 JPY Producer Price Index (MoM/YoY) — Thu 23:50 UTC 🟡 JPY Machine Tool Orders (YoY) — Fri 06:00 UTC SESSION OUTLOOK Watch 212 support hold; weak JPY data may accelerate downside. Monitor London open for fresh momentum. PRO UNLOCKS Entry 211.80 | SL 213.20 | TP1 210.80 | TP2 209.50 | FVG 211.40-212.10 | Liquidity sweep below 212.00

Key Levels

R: 212.500 · 216.609

S: 212.000 · 210.589