GBPJPY London briefing — 2026-09-28

BIAS BEARISH. Trend vote (D1+H4+H1 EMA aligned), H4/H1 fair value gaps, and sweep of lows drive direction despite neutral RSI. KEY LEVELS R: 208.5, 216.86 | S: 208.00, 207.09 NEWS 🟡 BoE Ramsden speech (GBP) Mon 28 Sep 10:00 UTC 🔵 BRC Shop Price Index Mon 28 Sep 23:01 UTC SESSION OUTLOOK London open tests support structure. Ramsden speech may trigger GBP volatility; watch for rejection at 208.5 resistance.

Key Levels

R: 208.500 · 216.857

S: 208.000 · 207.088