GBP/JPY Around 211.916 as Tape Firms

Research preview

Scenario plan Scenario Confirmation Invalidation Bullish continuation D1 close above 212.778, then retest holds. Back below pivot 213.462 Range continuation Price keeps rejecting both nearest support and resistance. Clean D1 close outside the range Bearish continuation D1 close below 211.916, then failed retest. Back above pivot 213.462 Risk And Invalidation Risk remains level-led. The invalidation level matters more than the headline bias; reduce size around data releases and avoid treating the first reaction as confirmation without a retest. GBPJPY Pivot And Support Resistance Levels The pivot map is the main execution framework for this report. GBPJPY is mapped against a daily pivot at 213.462, with first resistance near 215.008 and...