GBPJPY New York briefing — 2026-10-21

BIAS BULLISH. Trend vote (D1+H4+H1 EMAs), H4 fair value gaps, and H1 fair value gaps drive this bias despite liquidity sweep of highs. KEY LEVELS R: 212.00, 211.96 | S: 211.50, 206.89 NEWS 🔴 BoE Governor Bailey speech (Wed 13:00 UTC) SESSION OUTLOOK Bailey speech could spike GBP volatility. Watch holds above 211.50 support during NY session for continuation.

Key Levels

R: 211.958 · 212.000

S: 211.500 · 206.889