GBPJPY London briefing — 2026-09-09

BIAS BEARISH. D1 bearish structure confirmed by aligned H4/H1 EMAs; RSI oversold (27.31) suggests exhaustion into support rather than reversal. KEY LEVELS R: 208.00, 217.48 | S: 207.50, 207.09 NEWS 🟡 RICS Housing (GBP) 23:01 UTC | 🟡 Bank Lending (JPY) 23:50 UTC | 🟡 Foreign Bond Investment (JPY) 23:50 UTC SESSION OUTLOOK Watch 207.50 hold as buyers test oversold. Late-session data may trigger JPY moves; GBP data secondary. Break below 207.09 extends bearish bias.

Key Levels

R: 208.000 · 217.477

S: 207.500 · 207.088