Research preview

Executive Market Read GBPJPY is trading near 215.230 with a balanced enough to require discipline around entries profile; the key issue is not the first move, but whether the next close confirms follow-through. Price is trading below the daily pivot at 216.717, 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 217.284 and S1 at 216.265 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 217.204, the one-day...