GBPJPY London briefing — 2026-10-26

BIAS BULLISH. Fair value gaps on H4 and H1 combined with bullish D1 structure drive this bias despite neutral trend signals and RSI. KEY LEVELS R: 210, 211.99953 | S: 209.5, 206.88927 NEWS 🟡 Corporate Service Price Index (JPY) Mon 23:50 UTC 🟡 BRC Shop Price Index (GBP) Tue 00:01 UTC SESSION OUTLOOK London opens near resistance at 210. Watch for FVG fills on pullbacks toward 209.5 support before potential continuation higher.

Key Levels

R: 210.000 · 212.000

S: 209.500 · 206.889