Research preview

Investor-Level Read GBPJPY is trading near 215.230 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 trading below the daily pivot at 216.547, 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 216.849 and S1 at 216.329 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 216.765,...