GBPJPY Asia briefing — 2026-08-20

BIAS BEARISH. H4 EMA bearish with RSI neutral in oversold territory; D1 structure neutral creates conflict, but momentum leans down. KEY LEVELS R: 215.5, 216.23 | S: 215.00, 209.42 NEWS 🟡 JPY Merchandise Trade Balance, Exports (YoY), Foreign Bond Investment — Wed 23:50 UTC SESSION OUTLOOK Asia open tests 215 support; JPY data may spark volatility. Watch rejection at 215.5 resistance for continuation lower.

Key Levels

R: 215.500 · 216.229

S: 215.000 · 209.420