GBPJPY New York briefing — 2026-08-31

BIAS BEARISH — D1 structure confirms downside; H1 EMA bearish despite H4 neutral divergence and RSI at 40 (not oversold) keeps risk defined. KEY LEVELS R: 216.5, 217.48 | S: 216.00, 214.73 NEWS 🟡 BRC Shop Price Index (Mon 23:01 UTC) 🟡 Capital Spending JPY (Mon 23:50 UTC) 🟡 Jibun PMI JPY (Tue 00:30 UTC) SESSION OUTLOOK Low-impact data Tuesday morning limits volatility. Watch 216 hold as bears test support; breaks unlock 214.73.

Key Levels

R: 216.500 · 217.477

S: 216.000 · 214.734