GBP/JPY Holds Past 216.766 as Levels Matter
Research preview
Model And Price Read GBPJPY is trading near 216.699 with a firm enough to watch closely, but not strong enough to ignore invalidation profile; the market is moving from signal discovery into confirmation. 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 216.641 / 216.595 / 216.543, while the resistance band is 216.766 / 216.816 / 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 216.539,...
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