GBPJPY London briefing — 2026-10-19

BIAS BULLISH. D1+H4+H1 trend confluence with bullish fair value gaps on both H4 and H1 timeframes drive conviction despite neutral RSI. KEY LEVELS R: 211.00, 210.97 | S: 210.50, 206.89 NEWS 🔴 Claimant Count Change (GBP) – Tue 06:00 UTC 🟡 Avg Earnings Excl Bonus (GBP) – Tue 06:00 UTC 🟡 Avg Earnings Incl Bonus (GBP) – Tue 06:00 UTC SESSION OUTLOOK Monitor earnings data for GBP volatility. Price coiled near resistance; H1 FVGs support continuation toward 211.00.

Key Levels

R: 210.973 · 211.000

S: 210.500 · 206.889