GBPJPY New York briefing — 2026-08-18

BIAS BULLISH. D1 structure bullish, H1 EMA bullish, RSI neutral avoids overbought trap. H4 EMA divergence noted but daily conviction holds. KEY LEVELS R: 216.5, 218.69 | S: 216.00, 209.42 NEWS 🟡 JPY Machinery Orders (MoM/YoY) – Tue 23:50 UTC 🔴 GBP CPI (MoM) – Wed 06:00 UTC SESSION OUTLOOK JPY data tonight poses risk to upside momentum. Watch 216 hold; CPI tomorrow drives larger directional play.

Key Levels

R: 216.500 · 218.688

S: 216.000 · 209.420