GBPJPY London briefing — 2026-07-10

BIAS BULLISH. H4 EMA bullish with price holding 217 support; RSI neutral at 54 and D1 structure flat create caution, but upside bias holds. KEY LEVELS R: 217.5, 218.04 | S: 217.00, 212.36 NEWS 🟡 NIESR GDP Estimate (3M) GBP – 11:00 UTC 🟡 CFTC JPY NC Net Positions – 19:30 UTC 🟡 CFTC GBP NC Net Positions – 19:30 UTC SESSION OUTLOOK Watch NIESR print for GBP momentum into London. Late CFTC releases may trigger volatility; watch 217.5 resistance for breakout confirmation. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweep, Fibonacci confluence —

Key Levels

R: 217.500 · 218.036

S: 217.000 · 212.363