GBPJPY Asia briefing — 2026-08-21

BIAS BULLISH. H4/H1 EMA alignment supports upside, though RSI overbought at 70.33 signals caution; D1 neutral prevents conviction. KEY LEVELS R: 216.91, 217.00 | S: 216.50, 209.42 NEWS 🟡 Jibun Manufacturing PMI (JPY) 00:30 UTC 🟡 Jibun Services PMI (JPY) 00:30 UTC 🟡 Public Sector Net Borrowing (GBP) 06:00 UTC SESSION OUTLOOK Watch early PMI data for JPY volatility. If pair holds 216.50, short-term buyers remain engaged; overbought RSI limits fresh longs.

Key Levels

R: 216.907 · 217.000

S: 216.500 · 209.420