USDJPY London briefing — 2026-05-15

BIAS BEARISH — RSI overbought at 75.91 signals pullback risk; D1 neutral overrides H1 bullish divergence. KEY LEVELS R: 158.5, 160.7163 | S: 158, 155.08038 NEWS 🟡 Empire State Manufacturing (12:30 UTC) 🟡 Industrial Production MoM (13:15 UTC) 🟡 Capacity Utilization (13:15 UTC) SESSION OUTLOOK Watch London retest 158 support on pullback. US data cluster may trigger consolidation before direction commitment. PRO UNLOCKS Entry 157.80, SL 159.20, TP1 155.50, TP2 153.90, FVG 157.40-157.60, liquidity sweep 160.50 — unlock with Pro

Key Levels

R: 158.500 · 160.716

S: 158.000 · 155.080