USDJPY London briefing — 2026-11-02

BIAS BULLISH. D1 + H4 + H1 trend alignment, H4 and H1 fair value gaps bullish, RSI neutral without sweep resistance. KEY LEVELS R: 158.00, 158.96 | S: 157.50, 156.07 NEWS 🟡 ISM Manufacturing Employment Index (USD) Mon 15:00 UTC | 🔴 S&P Global PMI (USD) Mon 14:45 UTC | 🔴 Construction Spending (USD) Mon 15:00 UTC SESSION OUTLOOK Monitor ISM Employment release at 15:00 for volatility. Price targets 158 resistance; watch H1 structure for continuation confirmation.

Key Levels

R: 158.000 · 158.962

S: 157.500 · 156.069