GBPJPY London briefing — 2026-07-28

BIAS BEARISH. D1 structure + H1 EMA bearish confirmation; H4 neutral creates mild conflict but daily trend dominates. RSI 43 supports downside room. KEY LEVELS R: 218.00, 219.65 | S: 217.50, 216.21 NEWS Consumer Credit 🟡 Wed 29 Jul 08:30 UTC M4 Money Supply (MoM/YoY) 🟡 Wed 29 Jul 08:30 UTC SESSION OUTLOOK Watch 218 resistance hold. GBP data tomorrow may trigger volatility. Bias favors touches toward 217.50 if sellers defend upper zone. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro subscription.

Key Levels

R: 218.000 · 219.651

S: 217.500 · 216.214