GBPJPY London briefing — 2026-07-22

BIAS NEUTRAL — H4 bullish vs H1 neutral vs D1 bearish structure creates conflicting signals; RSI at 45.66 shows no directional conviction. KEY LEVELS R: 218.5, 219.65 | S: 218.0, 214.59 NEWS 🟡 DCLG House Price Index (Wed 08:30 UTC) 🟡 GfK Consumer Confidence (Thu 23:01 UTC) 🟡 Japan CPI YoY (Thu 23:30 UTC) SESSION OUTLOOK Watch for H1 clarity above/below 218.5. Low-impact UK data may offer small moves; JPY data tomorrow carries more weight. PRO UNLOCKS Entry zones, SL placement, TP targets, FVG identification, liquidity sweep levels — unlock with Pro.

Key Levels

R: 218.500 · 219.651

S: 218.000 · 214.591