GBPJPY London briefing — 2026-05-21

BIAS BULLISH. H1 EMA bullish trumps neutral D1 via hierarchy; RSI 62.54 supports upside continuation. KEY LEVELS R: 213.5, 214.44 | S: 213, 210.66 NEWS 🔴 S&P Global Composite/Manufacturing/Services PMI (GBP) – Thu 08:30 UTC SESSION OUTLOOK Triple PMI release drives volatility. Watch 213.5 resistance for breakout confirmation or rejection into support zone. PRO UNLOCKS Entry 213.65 | SL 213.15 | TP1 214.10 | TP2 214.90 | FVG 212.80–213.20 | Liquidity sweep 214.60

Key Levels

R: 213.500 · 214.441

S: 213.000 · 210.657