GBPJPY London briefing — 2026-05-29

BIAS BULLISH. D1 structure confirms upside despite neutral H4/H1 EMAs and mid-range RSI. KEY LEVELS R: 214.00, 214.70 | S: 213.50, 211.24 NEWS 🔴 BoE Governor Bailey Speech – Fri 29 May 08:20 UTC (GBP catalyst) 🟡 CFTC JPY/GBP NC Positions – Fri 29 May 19:30 UTC SESSION OUTLOOK Bailey speech injects volatility into GBP early London. Watch 214.00 rejection or break; JPY positioning data arrives after close. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro

Key Levels

R: 214.000 · 214.702

S: 213.500 · 211.239