Published: 2026-06-23T06:56:41.000Z
Chart GBP/JPY Update: Extend choppy trade below 215.50
1
Limited on break of the 213.00 congestion as prices turned up from 212.50 low to extend choppy trade above the February trendline
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 216.60 | ** | 30 Apr YTD high | S1 | 213.00 | * | congestion | |
| R3 | 215.50 | ** | 2 Jun high | S2 | 212.00 | * | congestion | |
| R2 | 215.00 | congestion | S3 | 211.20 | ** | 18 May low | ||
| R1 | 214.00 | congestion | S4 | 210.40 | ** | 30 Apr low |
Asterisk denotes strength of level
06:50 GMT - Limited on break of the 213.00 congestion as prices turned up from 212.50 low to extend choppy trade above the February trendline. Would expect resistance at 215.00/215.50 congestion and 2 June high to cap gains. Consolidation is expected to give way to renewed selling pressure later to retest support at the 213.00/212.00 area. Break here, will expose lows at 211.20 and 210.40 to retest and see room for deeper pullback to support at 208.00 congestion and 207.50 February current year low.