GBPJPY New York briefing — 2026-07-21

BIAS NEUTRAL. RSI at 40 (neither oversold nor overbought), H4 and H1 EMAs divergent, D1 structure lacks conviction—bullish bias unsupported by technicals. KEY LEVELS R: 218, 219.65 | S: 217.59, 214.59 NEWS 🟡 Merchandise Trade Balance (JPY) – 23:50 UTC 🟡 Exports YoY (JPY) – 23:50 UTC 🟡 Imports YoY (JPY) – 23:50 UTC SESSION OUTLOOK Japan trade data due mid-session; watch 218 resistance hold. Medium-impact releases may trigger volatility—avoid trades into event uncertainty. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci levels — unlock with Pro

Key Levels

R: 218.000 · 219.651

S: 217.500 · 214.591