Published: 2026-03-16T06:35:20.000Z
Chart GBP/JPY Update: Extending pullback from 213.30 high
1
Break of the 212.00 support see prices extending rejection from the 213.30 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 215.00 | ** | 4 Feb YTD high | S1 | 211.00 | * | congestion | |
| R3 | 214.00 | * | congestion | S2 | 210.00 | * | congestion | |
| R2 | 213.30 | ** | 11 Mar high | S3 | 209.20/00 | * | 3 Mar low, congestion | |
| R1 | 212.00 | * | congestion | S4 | 208.00 | * | congestion |
Asterisk denotes strength of level
06:30 GMT - Break of the 212.00 support see prices extending rejection from the 213.30 high of last week. Negative daily studies suggest room for deeper pullback to retrace gains from the 207.25 February current year low and see room to the 211.00/210.00 congestion area. Lower still, will see room to 209.20/00, 3 March low and congestion area. Below this will return focus to the downside for retest of 208.00 congestion and 207.25, February low. Meanwhile, resistance at 212.00 congestion is expected to cap and cap corrective bounce attempt.