GBP/JPY Upside Near 215.346

Research preview

Market Structure Brief GBPJPY is trading near 215.230 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 216.226, which leaves the first read vulnerable unless the pivot is reclaimed. The working support band is 215.132 / 215.054 / 214.949, while the resistance band is 215.346 / 215.457 / 215.548. Daily R1 at 217.445 and S1 at 215.553 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 216.972,...