GBPJPY London briefing — 2026-07-29

BIAS BEARISH. Daily structure remains bearish; H1 confirms downside pressure despite H4 neutrality and RSI holding mid-range. KEY LEVELS R: 218.00, 219.65 | S: 217.50, 216.21 NEWS 🟡 Consumer Credit (08:30 UTC) 🟡 M4 Money Supply MoM & YoY (08:30 UTC) SESSION OUTLOOK GBP data drops at London open; watch for weakness into 217.50 support. Sustained break below confirms continuation lower. PRO UNLOCKS Entry, stops, targets, FVG zones, liquidity sweeps, Fibonacci—unlock with Pro

Key Levels

R: 218.000 · 219.651

S: 217.500 · 216.214