GBPJPY New York briefing — 2026-08-04

BIAS BEARISH. D1 structure bearish; H4 EMA bearish confirms downside bias despite H1 neutral and RSI(14) mid-range at 42.45. KEY LEVELS R: 212.00 | 219.65 | S: 211.50 | 209.42 NEWS 🟡 Labor Cash Earnings YoY (JPY) — Tue 23:30 UTC 🟡 BoJ Monetary Policy Minutes (JPY) — Tue 23:50 UTC 🟡 Jibun Services PMI (JPY) — Wed 00:30 UTC SESSION OUTLOOK Watch BoJ minutes for JPY drivers. Support 211.50 key; break below opens 209.42 target. Resistance 212.00 caps near-term rallies.

Key Levels

R: 212.000 · 219.651

S: 211.500 · 209.420