USDJPY London briefing — 2026-06-01

BIAS BULLISH. H4/H1 EMAs aligned bullish, D1 structure bullish, RSI neutral at 67.9 avoids overbought extremes. KEY LEVELS R: 159.65575, 159.5 | S: 159, 157.56987 NEWS 🟡 ISM Manufacturing Employment Index (Mon 14:00 UTC) 🔴 S&P Global PMI, Construction Spending (Mon 13:45–14:00 UTC) SESSION OUTLOOK London open may consolidate near 159.46 ahead of US data. PMI/employment prints could spark volatility; watch for break above 159.5 or reversal into support. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweep, Fibonacci — unlock with Pro

Key Levels

R: 159.500 · 159.656

S: 159.000 · 157.570