GBPJPY New York briefing — 2026-08-06

BIAS BEARISH. Daily structure bearish; H4 EMA bearish supports downside, though H1 neutral and RSI mid-range (52.97) suggest caution on conviction. KEY LEVELS R: 213.0, 218.94 | S: 212.5, 209.42 NEWS 🔴 JPY Household Spending (YoY) – Thu 23:30 UTC 🔴 JP Foreign Reserves – Thu 23:50 UTC 🔴 Coincident Index – Fri 05:00 UTC SESSION OUTLOOK Watch reaction to JPY data releases tonight; soft prints may pressure GBP higher initially. H1 neutrality suggests choppy price action near 212.67 resistance zone.

Key Levels

R: 213.000 · 218.936

S: 212.500 · 209.420