GBP/JPY - SUPPORT BECOMES RESISTANCE TARGETING 199.26GBP/JPYOANDA:GBPJPYHamza_GoldOn the GBPJPY 15-minute chart, we can see a clear shift in market structure where previous support levels have now turned into resistance zones. After the initial breakdown, price made a corrective move back into the resistance zone before continuing its bearish leg. The rejection from the highlighted supply areas confirms sellers are still in control. As the market failed to sustain above 199.600 and got rejected twice, it indicates weakening bullish momentum and stronger bearish pressure. Price is now heading toward the downside, respecting the “support-turned-resistance” concept, and the short-term target zone has been marked near 199.263, aligning with the previous demand area. This setup reflects a classic price action structure: support becomes resistance, supply pressure dominates, and the market continues following the bearish trend toward the marked target level. A clean breakdown of the support area could open further downside continuation if momentum holds.