GBPJPY London briefing — 2026-06-02

BIAS BULLISH — H4/H1 EMAs aligned bullish, but RSI at 76.86 signals overbought conditions; D1 neutral keeps upside capped. KEY LEVELS R: 215.32, 215.5 | S: 215.00, 211.24 NEWS 🟡 Consumer Credit (GBP) 08:30 UTC 🟡 M4 Money Supply MoM/YoY (GBP) 08:30 UTC SESSION OUTLOOK London opens into low-impact GBP data. Watch 215.32 resistance for momentum confirmation; overbought RSI warns of pullback risk toward 215.00 support. PRO UNLOCKS Entry zones, SL/TP levels, FVG liquidity sweeps, Fibonacci targets — unlock with Pro subscription.

Key Levels

R: 215.323 · 215.500

S: 215.000 · 211.239