GBPJPY Asia briefing — 2026-08-28

BIAS NEUTRAL — H4 bullish vs H1 bearish divergence; RSI neutral at 48.37; D1 structure unbiased. Conflicting timeframe signals create genuine chop risk; no clear edge. KEY LEVELS R: 217, 217.48 | S: 216.50, 212.15 NEWS 🟡 CFTC JPY NC Net Positions (Fri 19:30 UTC) 🟡 CFTC GBP NC Net Positions (Fri 19:30 UTC) SESSION OUTLOOK Asia open typically quiet; watch 217 resistance rejection or 216.50 support hold. CFTC data releases may spark directional momentum into London overlap.

Key Levels

R: 217.000 · 217.477

S: 216.500 · 212.146