GBPJPY Asia briefing — 2026-08-31

BIAS NEUTRAL — H4 bullish EMA conflicts with D1 bearish structure; RSI 50.49 lacks conviction, H1 neutral. Mixed signals require price confirmation. KEY LEVELS R: 217, 217.48 | S: 216.5, 214.73 NEWS 🟡 Industrial Production MoM/YoY (JPY) 23:50 UTC 🟡 Large Retailer Sales (JPY) 23:50 UTC SESSION OUTLOOK Japan data drops mid-session. Watch 217 resistance rejection or hold; break below 216.5 invalidates H4 structure.

Key Levels

R: 217.000 · 217.477

S: 216.500 · 214.734