GBPJPY Asia briefing — 2026-07-08

BIAS NEUTRAL. RSI overbought (85.74) conflicts with bullish H1 EMA; H4 neutral structure offers no clear confirmation—upside extension risky without D1 support. KEY LEVELS R: 216.73, 217.00 | S: 216.50, 212.36 NEWS 🟡 Bank Lending YoY (JPY) – Tue 23:50 UTC 🟡 Current Account (JPY) – Tue 23:50 UTC 🟡 Trade Balance (JPY) – Tue 23:50 UTC SESSION OUTLOOK Watch reaction at 216.73 resistance. JPY data release mid-session may spark volatility; overbought conditions favor pullback consolidation over breakout. PRO UNLOCKS Advanced entry zones, exact SL placement, TP cascades, FVG sweeps, liquidity maps—unlock with Pro subscription.

Key Levels

R: 216.726 · 217.000

S: 216.500 · 212.363