GBPJPY London briefing — 2026-10-06

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA combined with bearish H4 fair value gaps drive directional conviction despite neutral RSI. KEY LEVELS R: 209.00, 211.29 | S: 208.50, 206.89 NEWS 🔴 BoJ Governor Ueda speech (06 Oct, 06:35 UTC) 🟡 BoE Mann speech (06 Oct, 08:40 UTC) SESSION OUTLOOK Ueda speech precedes London open; watch JPY volatility impact. Mann follows—GBP reaction shapes bearish continuation.

Key Levels

R: 209.000 · 211.287

S: 208.500 · 206.889