GBPJPY Asia briefing — 2026-08-03

BIAS BEARISH. H4/H1 EMAs aligned downside; RSI neutral 33.63 avoids oversold trap; D1 structure offers no bullish conviction. KEY LEVELS R: 212.5, 219.65 | S: 212.00, 211.68 NEWS 🟡 Jibun Bank Manufacturing PMI (JPY) – Mon 00:30 UTC 🟡 S&P Global Manufacturing PMI (GBP) – Mon 08:30 UTC 🟡 Monetary Base YoY (JPY) – Mon 23:50 UTC SESSION OUTLOOK Asia opens with soft PMI risks. Watch 212 support; break below confirms lower structure continuation into London.

Key Levels

R: 212.500 · 219.651

S: 212.000 · 211.682