GBPJPY New York briefing — 2026-05-18

BIAS BEARISH — D1 structure confirms downside despite neutral H4/H1 EMAs and mid-range RSI. KEY LEVELS R: 213, 216.61 | S: 212.5, 210.59 NEWS 🔴 JPY GDP QoQ (23:50 UTC) 🟡 JPY GDP Annualized (23:50 UTC) 🟡 JPY GDP Deflator YoY (23:50 UTC) SESSION OUTLOOK Japan GDP data at NY close could trigger yen volatility. Watch 213 resistance rejection to confirm bearish continuation toward 210.59. PRO UNLOCKS Exact entries, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro subscription.

Key Levels

R: 213.000 · 216.609

S: 212.500 · 210.589