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Published: 2026-03-27T07:03:56.000Z

Chart GBP/JPY Update: Consolidating retest of 213.30 resistance

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Lower in consolidation following retest of resistance at the 213.30, 11 March high

 LevelsImpComment   LevelsImpComment
R4215.90*Jul 2008 high S1212.00*congestion
R3215.00**4 Feb YTD high S2210.80*16 Mar low
R2214.00*congestion S3 210.00*congestion
R1213.30**11 Mar high S4 209.20/00*3 Mar low, congestion

Asterisk denotes strength of level

07:00 GMT - Lower in consolidation following retest of resistance at the 213.30, 11 March high. Would take break here to open up room for extension to resistance at 214.00 congestion and 215.00, February current year high. However, mixed weekly studies suggest this area expected to cap gains and give way to fresh selling pressure later. Meanwhile, support is raised to the 212.00 congestion ahead of 210.80 low of last week. Would take break here to return focus to the downside and see deeper retracement of gains from the 207.25 February low. 

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Topics
GBP/JPY-TA
DM-Technical
Technical Analysis

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