GBPJPY Asia briefing — 2026-10-12

BIAS BULLISH. D1+H4+H1 trend alignment combined with bullish H4 and H1 fair value gaps drive bias despite neutral RSI. KEY LEVELS R: 209.5, 211.29 | S: 209.00, 206.89 NEWS 🟡 BoE Breeden speech (Mon 09:30 UTC) 🟡 BoE Mann speech (Mon 12:50 UTC) 🟡 BRC Retail Sales (Mon 23:01 UTC) SESSION OUTLOOK Watch for pound strength around BoE speeches; H1 bullish structure targets 209.5 resistance first. Monitor retail data late-session for follow-through.

Key Levels

R: 209.500 · 211.287

S: 209.000 · 206.889