USDJPY London briefing — 2026-07-16

BIAS NEUTRAL. H4 bullish vs. H1 neutral + RSI 48.97 midrange conflict signals no clear directional edge despite macro bullish bias. KEY LEVELS R: 162.5, 162.8446 | S: 162.00, 160.6 NEWS 🟡 Initial Jobless Claims (USD) Thu 12:30 UTC 🔴 Continuing Jobless Claims (USD) Thu 12:30 UTC SESSION OUTLOOK London opens into US jobs data. Weak claims support USD strength toward 162.5; beats could spark consolidation near 162. Watch price reaction at support 162.00. PRO UNLOCKS Scalp zones, fib targets, liquidity sweeps, micro-structure bias — unlock Pro.

Key Levels

R: 162.500 · 162.845

S: 162.000 · 160.601