GBPJPY Asia briefing — 2026-08-05

BIAS BEARISH. D1 structure bearish; H4 EMA bearish supports downside. H1 neutral and RSI 46.64 create minor friction, but daily conviction dominates. KEY LEVELS R: 212.5, 218.98 | S: 212.00, 209.42 NEWS 🟡 BoJ Minutes (Tue 23:50 UTC) – medium impact on JPY. 🟡 Jibun PMI (Wed 00:30 UTC) – low impact. 🟡 S&P Composite PMI (Wed 08:30 UTC) – low impact. SESSION OUTLOOK Watch BoJ Minutes for hawkish surprises supporting JPY strength. Asia session likely tests 212 support; break below signals further downside momentum.

Key Levels

R: 212.500 · 218.981

S: 212.000 · 209.420