USDJPY London briefing — 2026-10-01

BIAS BULLISH. H4 and H1 fair-value gaps drive directional conviction despite neutral trend votes and neutral RSI. KEY LEVELS R: 158.5, 159.03 | S: 158.0, 152.91 NEWS 🟡 Challenger Job Cuts (USD) 09:30 UTC 🟡 Initial Jobless Claims (USD) 12:30 UTC 🟡 Continuing Jobless Claims (USD) 12:30 UTC SESSION OUTLOOK London opens with three USD labour events. Watch 158.5 resistance for breakout confirmation; monitor gap-fill mechanics into noon volatility.

Key Levels

R: 158.500 · 159.029

S: 158.000 · 152.908