Published: 2026-06-25T07:26:11.000Z
Chart GBP/JPY Update: Consolidating, room for lower later
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Leaning lower in consolidation from resistance at the 215.50 highs but losses still limited below the 213.00 level
| 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
07:25 GMT - Leaning lower in consolidation from resistance at the 215.50 highs but losses still limited below the 213.00 level. Would take break here and the 212.00 congestion to see deeper pullback to retest the 211.20 and 210.40 lows. Break of these will extend the April losses and see extension to 209.00/208.00 congestion then 207.50 February current year low. Lower still, will see deeper pullback to retrace rally from April 2025 low. Only regaining the 214.00 congestion will ease the downside pressure and see room for retest of 215.00/215.50 resistance.