London session frames a data-driven, cautious FX mood 📊💹. EUR/USD edges higher on modest eurozone data while US policy expectations drift lower 💶📉. USD/JPY remains range-bound as BoJ policy interacts with US yield moves 💴🇯🇵. GBP/USD persists in a broad range with data dependence and caution around liquidity 🔍💷. Traders watch liquidity, hedges, and option skew for early signals of breakouts ⏳🔎. Key calendar events (US CPI, UK inflation, ECB commentary) could recalibrate the path, with risk controls and predefined levels frontline in trade planning 📆⚖️.