GBPJPY Asia briefing — 2026-05-18

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA all aligned downward; RSI at 32.88 supports weakness. KEY LEVELS R: 211.5, 216.61 | S: 211.0, 210.59 NEWS 🟡 BoE Greene speech Mon 07:35 UTC | 🔴 Rightmove House Price Index (MoM/YoY) Sun 23:01 UTC SESSION OUTLOOK Watch for downside continuation toward 211.0 support in early Asia. BoE speech may trigger GBP volatility; monitor for break below key support levels. PRO UNLOCKS Entry 211.18 | SL 211.8 | TP1 210.59 | TP2 209.4 | FVG 210.2–210.8 | Liquidity sweep 211.5

Key Levels

R: 211.500 · 216.609

S: 211.000 · 210.589