GBPJPY New York briefing — 2026-08-17

BIAS NEUTRAL. Daily bullish structure conflicts with H4 neutrality and RSI overbought (73.87)—upside momentum exists but lacks confirmation across timeframes. KEY LEVELS R: 216, 218.69 | S: 215.5, 209.42 NEWS 🔴 Claimant Count Change (GBP) Tue 06:00 UTC 🟡 Average Earnings Excl./Incl. Bonus (GBP) Tue 06:00 UTC SESSION OUTLOOK NY open may see profit-taking into resistance 216 given overbought RSI. UK labour data tomorrow could shape pound direction overnight.

Key Levels

R: 216.000 · 218.688

S: 215.500 · 209.420