GBP/JPY Through 215.346: Advance Returns

Research preview

GBPJPY Pivot And Support Resistance Levels The level structure is where the model view becomes tradable or gets rejected. GBPJPY is mapped against a daily pivot at 216.226, with first resistance near 217.445 and first support near 215.553. The weekly pivot sits at 214.845, with weekly R1 at 216.734 and weekly S1 at 213.798, giving the session a wider support and resistance framework. Map PP R1 R2 R3 S1 S2 S3 Daily pivot 216.226 217.445 218.118 219.337 215.553 214.334 213.661 Weekly pivot 214.845 216.734 217.781 219.670 213.798 211.909 210.862 Pivot conclusion: GBPJPY is below the daily pivot, so the first quality test is whether price can hold through a retest...