Published: 2026-06-15T06:55:38.000Z
Chart GBP/JPY Update: Poised for retest of 215.50 high
1
Extending bounce from the 213.00 low of last week to approach the 215.50 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 217.50 | * | congestion Jan 2008 | S1 | 214.00 | * | congestion | |
| R3 | 216.60 | ** | 30 Apr YTD high | S2 | 213.00 | ** | congestion | |
| R2 | 216.00 | * | congestion | S3 | 212.00 | * | congestion | |
| R1 | 215.50 | ** | 2 Jun high | S4 | 211.20 | ** | 18 May low |
Asterisk denotes strength of level
06:50 GMT - Extending bounce from the 213.00 low of last week to approach the 215.50 resistance. Would expect reaction here, but a later break cannot be ruled out to extend choppy gains from the 210.40 late-April low. Clearance will expose the 216.60 high to retest and see room to extend the underlying bull trend from 2020 year low. Meanwhile, support at the 214.00/213.00 area proteting the downside. Would take break here to ease the upside pressure and open up room for pullback to strong support at the 212.00/211.20 area.