GBPJPY London briefing — 2026-10-30

BIAS BULLISH. D1 structure + aligned H4/H1 EMAs + H1 fair value gaps overcome bearish liquidity sweep and H4 gaps. KEY LEVELS R: 211.5, 211.99953 | S: 211, 208.2358 NEWS 🟡 CFTC JPY NC Net Positions (Fri 19:30 UTC) 🟡 CFTC GBP NC Net Positions (Fri 19:30 UTC) SESSION OUTLOOK Watch for holds above 211 support. CFTC data may trigger repositioning in both currencies; monitor reaction into resistance 211.5–212.

Key Levels

R: 211.500 · 212.000

S: 211.000 · 208.236