GBPJPY New York briefing — 2026-08-19

BIAS BULLISH. Daily structure supports upside despite neutral EMA(H1/H4) and RSI(43.5) lacking momentum conviction—price holds support tier. KEY LEVELS R: 216.34 | S: 215.5, 209.42 NEWS 🟡 Merchandise Trade Balance (JPY) Wed 23:50 UTC 🟡 Exports YoY (JPY) Wed 23:50 UTC 🟡 Foreign Bond Investment (JPY) Wed 23:50 UTC SESSION OUTLOOK JPY data release late-session risks volatility. Watch 215.5 hold; break below threatens daily bias.

Key Levels

R: 216.000 · 216.343

S: 215.500 · 209.420