GBP/JPY Daily Outlook
GBP/JPY turns neutral in the short term after a pullback, with traders watching 216.20 as immediate resistance and 213.28 as key support. A break above 216.20 would open a retest of the 219.56 high, while a drop below 213.28 would signal a deeper correction toward 209.55. In the broader view, the pair remains in an uptrend as long as it stays above the 55-week EMA at 208.91, which preserves the bullish structure from the 2020 low of 123.94. A decisive break below 209.55 would weaken that outlook and point toward a larger move lower toward 184.35. The note is purely technical and frames near-term consolidation versus continuation of the longer-term trend.