GBPJPY London briefing — 2026-09-17

BIAS BEARISH. H4 EMA bearish despite neutral RSI; D1 structure neutral creates conflicting signals, but downside bias favors lower support test. KEY LEVELS R: 208.5, 216.99633 | S: 208, 206.28983 NEWS 🔴 BoE Interest Rate Decision — Thu 17 Sep 11:00 UTC 🔴 BoE Minutes — Thu 17 Sep 11:00 UTC 🔴 BoE Monetary Policy Summary — Thu 17 Sep 11:00 UTC SESSION OUTLOOK BoE decision catalyzes volatility; GBP reaction determines conviction. Watch price hold 208 support or break lower into 206.28983.

Key Levels

R: 208.500 · 216.996

S: 208.000 · 206.290