GBPJPY London briefing — 2026-08-14

BIAS BULLISH. Daily structure bullish; H1 EMA confirms upside. RSI neutral at 63.44 prevents overextension conviction, but directional bias holds. KEY LEVELS R: 215.5, 218.69 | S: 215.0, 209.42 NEWS 🟡 NIESR GDP Estimate (3M) Fri 11:00 UTC 🟡 CFTC JPY/GBP NC Positions Fri 19:30 UTC SESSION OUTLOOK Watch 215.5 resistance in early London. GDP surprise could spark sterling volatility; monitor positioning ahead of CFTC data.

Key Levels

R: 215.500 · 218.688

S: 215.000 · 209.420