GBP/JPY Strong Buy Break

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GBP/JPY Strong Buy Break

Research preview

Investor-Level Read GBPJPY is trading near 218.242 with a developing, but still dependent on price acceptance profile; the next directional clue should come from how price behaves after the first test of support or resistance. Price is holding above the daily pivot at 218.157, which keeps the first read tilted toward resistance pressure rather than support repair. The working support band is 218.185 / 218.135 / 218.091, while the resistance band is 218.295 / 218.335 / 218.376. Daily R1 at 218.798 and S1 at 217.591 define the first tactical range. Internal models have flipped from Neutral to Strong Buy for GBP/JPY. The shift puts upside continuation in focus, with price...

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