GBPJPY New York briefing — 2026-09-04

BIAS BEARISH. D1 structure + H4/H1 EMA alignment confirm downtrend; RSI oversold at 25.71 signals exhaustion but sustains bearish pressure. KEY LEVELS R: 211.5, 217.48 | S: 211, 209.97 NEWS CFTC JPY NC Net Positions (🟡) 19:30 UTC CFTC GBP NC Net Positions (🟡) 19:30 UTC SESSION OUTLOOK CFTC data release may shift positioning flows. Watch 211 hold—breach signals acceleration toward 209.97.

Key Levels

R: 211.500 · 217.477

S: 211.000 · 209.968