Published: 2026-06-29T07:05:52.000Z
Chart GBP/JPY Update: Choppy in consolidation
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Remains supported above the trendline from the 207.50 February current year low
| 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, Feb high | S3 | 211.20 | ** | 18 May low | |
| R1 | 214.00 | congestion | S4 | 210.40 | ** | 30 Apr low |
Asterisk denotes strength of level
07:00 GMT - Remains supported above the trendline from the 207.50 February current year low and bounce from 212.40 low of 18 June see prices back to pressure resistance at the 214.00 congestion. Break here will open up room for stronger gains to retest 214.50/215.00 congestion and February high. However, consolidation is expected to give way to renewed selling pressure going forward with support starting at the 213.00/212.40 area. Below here and 212.00 will open up room to retest 211.20 and 210.40 lows.