GBPJPY London briefing — 2026-09-16

BIAS BEARISH. Daily structure bearish; H1 EMA bullish conflicts but RSI neutral (58.4) and H4 EMA neutral weaken the upside case. KEY LEVELS R: 209.5, 217.08 | S: 209.00, 206.29 NEWS 🟡 DCLG House Price Index 08:30 UTC 🟡 Foreign Bond/Stock Investment data 23:50 UTC SESSION OUTLOOK London open tests 209 support. Low-impact data allows price action to dominate; watch H1 EMA rejection or breakdown continuation.

Key Levels

R: 209.500 · 217.080

S: 209.000 · 206.290