GBPJPY London briefing — 2026-08-27

BIAS BULLISH — D1 structure supports upside despite RSI neutral at 41.95 and H4/H1 EMAs divergent; daily chart bias dominates. KEY LEVELS R: 217.00, 217.48 | S: 216.50, 212.15 NEWS 🔴 Tokyo CPI YoY (Thu 23:30 UTC) 🔴 Tokyo CPI ex Food/Energy YoY (Thu 23:30 UTC) 🟡 Jobs/Applicants Ratio JPY (Thu 23:30 UTC) SESSION OUTLOOK London opens with bullish daily structure intact. Tokyo inflation data at session-end carries volatility risk; watch 217 resistance for breakout confirmation or rejection into NYO.

Key Levels

R: 217.000 · 217.477

S: 216.500 · 212.146