Published: 2026-06-24T07:37:20.000Z
Chart GBP/JPY Update: Leaning lower in consolidation
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Extend consolidation above 212.40 low but limited gains above 214.00 keep pressure on the downside
| 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
07:30 GMT - Extend consolidation above 212.40 low but limited gains above 214.00 keep pressure on the downside and threatens deeper pullback to extend losses from 215.00/215.50 congestion and 2 June high. Break of support at the 213.00/212.00 area will expose lows at 211.20 and 210.40 to retest. Below these will see room for deeper pullback to support at 208.00 congestion and 207.50 February current year low. Lower still, will see deeper pullback to retrace rally from April 2025 low