GBPJPY New York briefing — 2026-05-12

BIAS BULLISH — D1 structure dominates despite H4 bearish EMA; RSI neutral supports continuation rather than reversal. KEY LEVELS R: 213.5, 216.61 | S: 213.0, 210.59 NEWS 🟡 Bank Lending YoY (JPY) 23:50 UTC 🟡 Current Account (JPY) 23:50 UTC 🟡 Trade Balance (JPY) 23:50 UTC SESSION OUTLOOK Watch 213.5 resistance into JPY data release. Medium impact events may trigger volatility; bias holds if price stays above 213. PRO UNLOCKS Entry 213.35 | SL 212.80 | TP1 213.95 | TP2 216.20 | FVG 212.45–212.75 | Liquidity sweep 216.61

Key Levels

R: 213.500 · 216.609

S: 213.000 · 210.589