GBP/JPY Bearish Reversal Setup – Targets 214. & 212.
GBP/JPY is showing a potential **bearish reversal** after approaching the **216.00–216.30 resistance zone**. The chart suggests downside pressure from the current area, with **TP1 at 214.35** and **TP2 at 212.82**.
A sustained rejection from resistance could drive the pair toward the marked targets. Traders should watch price action around **214.35** for the first reaction, while a break below it could open the way toward **212.82**.
A sustained rejection from resistance could drive the pair toward the marked targets. Traders should watch price action around **214.35** for the first reaction, while a break below it could open the way toward **212.82**.
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