GBPJPY London briefing — 2026-09-10

BIAS BEARISH. H4/H1 EMAs aligned downside; D1 structure confirms lower bias. RSI at 32 offers room to extend. KEY LEVELS R: 208.00, 217.48 | S: 207.50, 207.09 NEWS 🟡 BSI Manufacturing, PPI (MoM/YoY) — Thu 23:50 UTC. Low impact but watch JPY sensitivity. SESSION OUTLOOK London opens into bearish structure. Watch 208 resistance hold; break below 207.09 targets next support. Avoid chop near NY overlap.

Key Levels

R: 208.000 · 217.477

S: 207.500 · 207.088