USDJPY London briefing — 2026-09-18

BIAS BULLISH. Combined D1 + H4 + H1 trend vote, H4 and H1 fair value gaps, and bullish structure drive conviction despite RSI overbought at 73.2. KEY LEVELS R: 157.5, 160.40466 | S: 157, 152.37945 NEWS 🟡 Bowman speech (USD) 07:30 UTC 🟡 Industrial Production (USD) 13:15 UTC 🟡 Capacity Utilization (USD) 13:15 UTC SESSION OUTLOOK London opens with USD strength tailwinds. Monitor 157.5 resistance touch; Bowman remarks may accelerate moves into afternoon data prints.

Key Levels

R: 157.500 · 160.405

S: 157.000 · 152.379