GBPJPY London briefing — 2026-10-27

BIAS BULLISH. Daily structure, H4 EMA trend, and H4 fair value gaps drive upside despite H1 bearish FVGs and neutral RSI. KEY LEVELS R: 210.5, 211.99953 | S: 210, 206.88927 NEWS 🟡 Autumn Forecast Statement (GBP) Wed 28 Oct 10:00 UTC 🟡 Foreign Bond Investment (JPY) Wed 28 Oct 23:50 UTC SESSION OUTLOOK London opens near 210.18. Watch for continuation into 210.5 resistance; H1 bearish FVGs may cap rallies early.

Key Levels

R: 210.500 · 212.000

S: 210.000 · 206.889