GBPJPY London briefing — 2026-09-11

BIAS BEARISH. D1 structure confirms downtrend; H4 EMA bearish supports lower prices. H1 neutral creates near-term chop, but bias holds while price holds below 208.5. KEY LEVELS R: 208.5 | S: 208, 207.08795 NEWS 🟡 Consumer Inflation Expectations (GBP) 08:30 UTC 🟡 NIESR GDP Estimate 11:00 UTC SESSION OUTLOOK Inflation data may spark GBP volatility early. Watch if price respects 208 support; break lower targets 207.08795.

Key Levels

R: 208.500 · 217.477

S: 208.000 · 207.088