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GBP/JPY - Japan Intervention Risk Remains Very High (04.07.2026)

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GBP/JPY – H1 – Rising Trendline Breakdown / Bearish Continuation Setup

GBP/JPY is trading near a major resistance zone after failing to sustain momentum above the ascending trendline. Price is showing signs of rejection, and a confirmed break below the highlighted intraday support could trigger fresh selling pressure. As long as price remains below the resistance zone, the probability favors a move toward the marked downside support levels. Traders may wait for confirmation below support before considering bearish continuation.


🔴 1st Support: 214.208
🔴 2nd Support: 213.646
🟢 Resistance Zone: 215.611 – 216.071

📰 Live Headlines
✅ Bank of Japan policy expectations continue to influence JPY volatility.

⚠️ Disclaimer: This analysis is for educational purposes only.

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