USDJPY London briefing — 2026-09-01

BIAS BULLISH — H1/H4 EMAs aligned uptrend; D1 structure bullish; RSI neutral at 57.82 provides room to run without overbought risk. KEY LEVELS R: 160.00, 160.24 | S: 159.50, 158.04 NEWS 🟡 Fed's Barr speech 13:05 UTC | 🔴 S&P Manufacturing PMI 13:45 UTC SESSION OUTLOOK Barr speech and PMI data arrive mid-session; watch 160.00 rejection or break. Momentum likely holds into resistance on soft data backdrop.

Key Levels

R: 160.000 · 160.237

S: 159.500 · 158.036