GBPJPY London briefing — 2026-09-29

BIAS BEARISH. D1 structure, H4/H1 EMA alignment, and H4 fair value gaps all confirm downside pressure. KEY LEVELS R: 208.5, 216.59 | S: 208.0, 207.09 NEWS Consumer Credit (GBP) 08:30 UTC 🟡 M4 Money Supply (GBP) 08:30 UTC 🟡 SESSION OUTLOOK Watch for weakness at 208.5 resistance. Dual money supply data may trigger GBP volatility; monitor hold above 208 support.

Key Levels

R: 208.500 · 216.594

S: 208.000 · 207.088