GBPJPY Asia briefing — 2026-05-20

BIAS BEARISH — D1 structure dominates despite H1 bullish EMA; RSI neutral at 60 confirms lack of conviction upside. KEY LEVELS R: 213.5, 214.44 | S: 213, 210.66 NEWS 🔴 GBP CPI (MoM/YoY) + Core CPI (YoY) — Wed 06:00 UTC SESSION OUTLOOK CPI data triggers volatility. Watch 213 support; break below targets 210.66. Resistance 213.5 capped by daily bias. PRO UNLOCKS Entry 212.80, SL 214.10, TP1 211.50, TP2 210.20, FVG 212.40–212.65, liquidity sweep 214.80.

Key Levels

R: 213.500 · 214.441

S: 213.000 · 210.657