GBPJPY London briefing — 2026-10-21

BIAS BULLISH. D1 + H4 + H1 EMA alignment, H4/H1 fair value gaps, and bullish structure override liquidity sweep; RSI neutral. KEY LEVELS R: 212, 211.84856 | S: 211.5, 206.88927 NEWS 🟡 DCLG House Price Index (Wed 08:30 UTC) 🟡 Foreign Bond Investment (Wed 23:50 UTC) 🟡 Foreign Investment in Japan Stocks (Wed 23:50 UTC) SESSION OUTLOOK Watch for continuation toward resistance after London open. Minor data noise likely; focus on H1 FVG support holds.

Key Levels

R: 211.849 · 212.000

S: 211.500 · 206.889