GBPJPY London briefing — 2026-10-12

BIAS BULLISH — D1 trend + H4/H1 EMAs combined with bullish fair value gaps on both H4 and H1 drive upside conviction. KEY LEVELS R: 210, 211.29 | S: 209.5, 206.89 NEWS 🟡 BoE Breeden speech — 09:30 UTC 🟡 BoE Mann speech — 12:50 UTC 🟡 BRC Retail Sales — 23:01 UTC SESSION OUTLOOK London open tests 210 resistance amid dual BoE speakers. BRC retail data late-session may spike volatility; watch for GBP reaction.

Key Levels

R: 210.000 · 211.287

S: 209.500 · 206.889