GBP/JPY At 216.794 with Confirmation Needed
Research preview
Market Decision Area GBPJPY is trading near 216.738 with a constructive but still confirmation-led profile; the useful edge is in the reaction around levels, not in chasing the headline move. Price is holding above the daily pivot at 216.440, which keeps the first read tilted toward resistance pressure rather than support repair. The working support band is 216.679 / 216.623 / 216.579, while the resistance band is 216.794 / 216.840 / 216.885. Daily R1 at 216.803 and S1 at 216.039 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 216.520, the one-day change...
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