GBPJPY London briefing — 2026-09-15

BIAS BEARISH. Daily structure bearish; H4 EMA confirms downside despite H1 neutrality and RSI 56 (mid-range). KEY LEVELS R: 209.00, 217.08 | S: 208.50, 206.29 NEWS 🟡 JPY Trade Data (Merchandise Balance, Exports, Imports YoY) — Tue 23:50 UTC SESSION OUTLOOK Japan trade figures post-London close could trigger volatility. Watch 208.50 support hold; breach targets 206.29.

Key Levels

R: 209.000 · 217.080

S: 208.500 · 206.290