GBP/JPY Above 218.170: Strength Returns

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GBP/JPY Above 218.170: Strength Returns

Research preview

Market Structure Brief GBPJPY is trading near 218.104 with a tradable only if price keeps respecting the confirmation zone profile; the cleaner read comes from acceptance around the pivot map rather than a single candle. Price is trading below the daily pivot at 218.233, which leaves the first read vulnerable unless the pivot is reclaimed. The working support band is 218.036 / 217.962 / 217.901, while the resistance band is 218.170 / 218.220 / 218.278. Daily R1 at 218.504 and S1 at 217.844 define the first tactical range. Internal models have flipped from Buy to Strong Buy for GBP/JPY. The shift puts upside continuation in focus, with price near 218.218,...

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