GBPJPY New York briefing — 2026-08-07

BIAS BEARISH. H4 and H1 EMAs aligned downward; D1 structure bearish; RSI neutral at 47 doesn't contradict lower timeframe momentum. KEY LEVELS R: 212.5 | 218.94 | S: 212.0 | 209.42 NEWS 🟡 CFTC JPY NC Net Positions – Fri 19:30 UTC 🟡 CFTC GBP NC Net Positions – Fri 19:30 UTC SESSION OUTLOOK CFTC data releases may trigger volatility around 212.5 resistance. Watch for rejection or break toward 212.0 support in low liquidity.

Key Levels

R: 212.500 · 218.936

S: 212.000 · 209.420