Research preview

Technical read GBPJPY trades near 216.44400 with range compression H1 structure, lower highs and lower lows H4 structure and a bullish daily trend. The first useful support band is 216.38400/216.33600/216.29100, while the topside decision band is 216.50800/216.55600/216.60200. H1 RSI is 50.0 and stochastic is 60.2/66.6, so the report should treat momentum as balanced rather than forcing a one-line call. H1 EMA20/EMA50 are 216.44534/216.51205, with MA50/100/200 at 216.56778/216.59869/216.49661. D1 EMA20/EMA50/MA200 are 215.98816/215.60407/212.51874. No fresh 20/50 EMA crossover is active. A/D points to accumulation on H1 and accumulation on D1. Treat this as confirmation, because tick volume is directional pressure rather than exchange volume. H1 RSI is 50.0 and stochastic is 60.2/66.6....