Published: 2026-04-22T07:18:00.000Z
Chart GBP/JPY Update: Scope to retest 215.90 YTD high
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Back to consolidate above the 215.00 level following bounce from the 214.00 level last Friday
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 220.00 | * | congestion | S1 | 214.00 | * | 17 Apr low | |
| R3 | 219.30 | ** | Aug 2007 yr low | S2 | 213.30 | * | Mar high | |
| R2 | 217.60 | ** | Jan 2008 yr high | S3 | 212.00 | * | congestion | |
| R1 | 216.00 | * | Jul 2008 high | S4 | 210.80 | 16, 19 Mar lows |
Asterisk denotes strength of level
07:15 GMT - Back to consolidate above the 215.00 level following bounce from the 214.00 level last Friday and scope seen for retest of the 215.90 current year high. Clearance here will further extend gains within the bull channel from the April 2025 year and see room low to resistance at 217.60, January 2008 year high. However, deep overbought daily studies caution corrective pullback with support raised to the 214.00/213.30, February and March highs. Would take break here to fade the upside pressure and see deeper pullback to retrace gains from 207.50 February current year low.