GBPJPY New York briefing — 2026-05-08

BIAS BEARISH. D1 structure dominates per hierarchy; H4 EMA confirms downside despite H1 neutrality. RSI at 54.65 shows no bullish conviction. KEY LEVELS R: 213.5, 216.61 | S: 213, 210.59 NEWS 🟡 CFTC JPY NC Net Positions — Fri 19:30 UTC 🟡 CFTC GBP NC Net Positions — Fri 19:30 UTC SESSION OUTLOOK CFTC data arrives mid-session; watch positioning shifts. Bear structure intact if 213.5 holds as resistance. PRO UNLOCKS Entry 212.80, SL 214.20, TP1 211.50, TP2 210.00, FVG 211.80-212.40, liquidity sweep 216.80 — unlock with Pro

Key Levels

R: 213.500 · 216.609

S: 213.000 · 210.589