GBPJPY London briefing — 2026-10-28

BIAS BEARISH. H1 EMA bearish + H4 fair value gaps bearish + H1 fair value gaps bearish + combined D1/H4/H1 trend vote bearish override neutral RSI. KEY LEVELS R: 210, 211.99953 | S: 209.5, 207.66779 NEWS 🟡 Autumn Forecast Statement (GBP) Wed 10:00 UTC SESSION OUTLOOK Watch Forecast Statement reaction for GBP volatility into London close. H1 structure targets lower support on continued bearish momentum.

Key Levels

R: 210.000 · 212.000

S: 209.500 · 207.668