GBPJPY New York briefing — 2026-11-05

BIAS BULLISH. D1 structure, H4/H1 EMA alignment, and H4 fair value gaps drive upside conviction despite bearish H1 FVG tension. KEY LEVELS R: 213.77801, 213.5 | S: 213, 208.38477 NEWS 🟡 Labor Cash Earnings YoY (JPY) 23:30 UTC 🟡 Household Spending YoY (JPY) 23:30 UTC 🟡 Foreign Bond Investment (JPY) 23:50 UTC SESSION OUTLOOK NY open tests 213.5 resistance into Japan data. Monitor earnings reaction for breakout conviction.

Key Levels

R: 213.500 · 213.778

S: 213.000 · 208.385