GBPJPY London briefing — 2026-07-08

BIAS BULLISH. H4/H1 EMAs aligned uptrend, but RSI 85.96 signals overbought compression—D1 neutral structure warns against aggressive continuation. KEY LEVELS R: 216.89, 217.00 | S: 216.50, 212.36 NEWS 🟡 RICS Housing Balance (GBP) 23:01 UTC 🟡 Foreign Bond Investment (JPY) 23:50 UTC 🟡 Foreign Stock Investment (JPY) 23:50 UTC SESSION OUTLOOK Watch 216.88 resistance rejection or break. Low-impact data offers thin volatility window; pullback likely before extension. PRO UNLOCKS Entry zones, SL precision, TP targets, FVG liquidity sweeps, Fibonacci extensions—unlock with Pro subscription.

Key Levels

R: 216.887 · 217.000

S: 216.500 · 212.363