Research preview

Executive Market Read GBPJPY is trading near 216.613 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 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 216.551 / 216.499 / 216.458, while the resistance band is 216.666 / 216.709 / 216.766. 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 216.688,...