GBPJPY Asia briefing — 2026-08-07

BIAS BEARISH. Daily structure bearish; H4 EMA aligned downside. H1 neutral creates intraday noise, but the bias holds on longer timeframes. KEY LEVELS R: 213.5, 218.94 | S: 213.0, 209.42 NEWS 🟡 JP Foreign Reserves (Thu 23:50 UTC) | 🟡 Coincident Index (Fri 05:00 UTC) | 🟡 Leading Economic Index (Fri 05:00 UTC) SESSION OUTLOOK Watch 213 support hold or break into Asia session. Weak JPY data may add downside bias; monitor liquidity at 209.42.

Key Levels

R: 213.500 · 218.936

S: 213.000 · 209.420