GBP/JPY Through 216.066: Continuation Extends

Research preview

Opening Read GBPJPY is trading near 215.946 with a active, with the first reaction less important than the retest profile; the immediate question is whether price is building acceptance or merely reacting inside the existing range. Price is holding above the daily pivot at 215.462, which keeps the first read tilted toward resistance pressure rather than support repair. The working support band is 215.840 / 215.773 / 215.670, while the resistance band is 216.066 / 216.283 / 216.766. Daily R1 at 216.052 and S1 at 215.030 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...