Published: 2026-04-02T06:41:24.000Z
Chart GBP/JPY Update: Consolidating, room for lower
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Edged up from the 210.00 support as prices consolidate losses from the 213.30 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 215.00 | ** | 4 Feb YTD high | S1 | 210.00 | ** | congestion | |
| R3 | 214.00 | * | congestion | S2 | 209.20/00 | * | 3 Mar low, channel | |
| R2 | 213.30 | ** | 11 Mar high | S3 | 208.00 | congestion | ||
| R1 | 212.00 | * | congestion | S4 | 207.25 | * | 17 Feb YTD low |
Asterisk denotes strength of level
06:40 GMT - Edged up from the 210.00 support as prices consolidate losses from the 213.30 high of last week. Negative daily and weekly studies keep pressure on the downside and highlights risk for break lower to open up room to the 209.20/00 congestion and channel support from the April 2025 low. Break here will return focus to the 207.25 February current year low. Lower, will extend the February losses from the 215.00 high. Meanwhile, resistance is lowered to 212.00 level which is expected to cap and sustain losses from the 213.30 March highs.