GBPJPY London briefing — 2026-09-01

BIAS BEARISH. Daily structure bearish; H1/H4 EMAs neutral but RSI at 47.85 lacks upside conviction near resistance. KEY LEVELS R: 217.00, 217.48 | S: 216.50, 214.79 NEWS 🟡 Consumer Credit (08:30 UTC) 🟡 M4 Money Supply MoM/YoY (08:30 UTC) SESSION OUTLOOK Soft UK credit data may cap upside. Watch 217 resistance; break below 216.50 confirms lower structure.

Key Levels

R: 217.000 · 217.477

S: 216.500 · 214.794