GBPJPY Asia briefing — 2026-09-08

BIAS BEARISH. D1 structure + aligned H4/H1 EMAs confirm downtrend; RSI oversold (17.72) signals exhaustion risk but lower lows intact. KEY LEVELS R: 209, 217.48 | S: 208.50, 208.36 NEWS 🔴 GDP QoQ (JPY) Mon 07 Sep 23:50 UTC 🔴 GDP Annualized (JPY) Mon 07 Sep 23:50 UTC 🟡 Current Account (JPY) Mon 07 Sep 23:50 UTC SESSION OUTLOOK Japan data drops pre-Asia open; watch GDP reaction for yen strength. Support holds at 208.36—break confirms lower leg.

Key Levels

R: 209.000 · 217.477

S: 208.500 · 208.363