GBPJPY New York briefing — 2026-09-10

BIAS BEARISH. Daily structure bearish; H4 EMA confirms downside. H1 neutral divergence suggests intraday weakness but no reversal signal yet. RSI at 46.96 respects bearish momentum without oversold relief. KEY LEVELS R: 209.00, 217.48 | S: 208.50, 207.09 NEWS 🟡 BSI Large Manufacturing Conditions Index (QoQ) – 23:50 UTC 🟡 Producer Price Index (MoM) – 23:50 UTC 🟡 Producer Price Index (YoY) – 23:50 UTC SESSION OUTLOOK NY open tests 208.50 support into low-impact JPY data. Watch for rejection at 209 resistance; break below support signals extension toward 207.09.

Key Levels

R: 209.000 · 217.477

S: 208.500 · 207.088