GBPJPY London briefing — 2026-05-12

BIAS BULLISH. D1 structure bullish overrides H4 bearish EMA; RSI neutral supports continuation bias. KEY LEVELS R: 213.5, 216.61 | S: 213.00, 210.59 NEWS 🟡 Bank Lending YoY (JPY) 23:50 UTC 🟡 Current Account (JPY) 23:50 UTC 🟡 Trade Balance (JPY) 23:50 UTC SESSION OUTLOOK Watch reaction at 213.5 resistance into Japan economic data. Medium-impact releases may trigger volatility; bullish structure favors upside probes toward 216.61. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro subscription.

Key Levels

R: 213.500 · 216.609

S: 213.000 · 210.589