GBPJPY London briefing — 2026-08-25

BIAS NEUTRAL — EMAs bullish but RSI severely overbought at 72.28 signals exhaustion; D1 structure supports upside yet no conviction until pullback. KEY LEVELS R: 217.50, 217.43 | S: 217.00, 211.52 NEWS 🟡 Corporate Service Price Index (JPY) Tue 23:50 UTC SESSION OUTLOOK London opens into mild JPY data. Watch if price holds 217.43 resistance or rolls back to 217 support; overbought conditions favor consolidation over breakout.

Key Levels

R: 217.431 · 217.500

S: 217.000 · 211.522