GBPJPY New York briefing — 2026-09-08

BIAS NEUTRAL — RSI oversold suggests bounce potential, but H1/H4 EMAs bearish and D1 structure remain downtrended; conflicting signals warrant caution. KEY LEVELS R: 209, 217.48 | S: 208.5, 207.09 NEWS 🔴 BoE Monetary Policy Report Hearings & Governor Bailey speech — Tue 13:15 UTC 🟡 JPY Money Supply M2+CD (YoY) — Tue 23:50 UTC SESSION OUTLOOK BoE speakers dominate; GBP volatility likely near 13:15 UTC. Watch if cable holds support or breaks lower into NY close.

Key Levels

R: 209.000 · 217.477

S: 208.500 · 207.088