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Published: 2026-03-30T07:00:52.000Z

Chart GBP/JPY Update: Settled back from retest of 213.30 resistance

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Lower in consolidation as retest of the 213.30 resistance gave way to fresh selling pressure to retest 112.00 level

 LevelsImpComment   LevelsImpComment
R4215.90*Jul 2008 high S1212.00*congestion
R3215.00**4 Feb YTD high S2210.80**16 Mar low
R2214.00*congestion S3 210.00*congestion
R1213.30**11 Mar high S4 209.20/00*3 Mar low, congestion

Asterisk denotes strength of level

06:50 GMT - Lower in consolidation as retest of the 213.30 resistance gave way to fresh selling pressure to retest 112.00 level. Below this will open up room for retest of the 210.80 support and where break will confirm a double top at the 213.30 high and see room for deeper retracement of gains from the 207.25 February low to support at the 210.00 congestion and 209.20/209.00 area. Meanwhile, resistance at the 213.30 highs are expected to cap. Clearance, will revive upside focus and see room to retest 214.00 congestion and 215.00 February YTD high.

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Topics
GBP/JPY-TA
DM-Technical
Technical Analysis

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