GBPJPY London briefing — 2026-07-03

BIAS BULLISH — D1 structure confirms uptrend; H4 EMA bullish supports it, though H1 neutrality and RSI at 50 suggest caution on immediate momentum. KEY LEVELS R: 215, 216.08 | S: 214.5, 212.36 NEWS 🔴 BoE Governor Bailey speech — 15:00 UTC (volatility likely) 🟡 S&P Global PMI data — 08:30 UTC (GBP-sensitive) SESSION OUTLOOK PMI prints early; Bailey speech dominates afternoon risk. Watch 215 resistance for breakout confirmation or rejection into support. PRO UNLOCKS Micro-structures, precise entry zones, SL placement, TP clusters, and liquidity sweep setups — unlock with Pro.

Key Levels

R: 215.000 · 216.081

S: 214.500 · 212.363