GBP/JPY Bearish Rejection Signals Downside Toward Key Support

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GBP/JPY Bearish Rejection Signals Downside Toward Key SupportGBP/JPYOANDA:GBPJPYAlpha_Trade_ScopeGBP/JPY is showing signs of weakness after failing to sustain momentum above the 214.90–215.00 resistance area. Price has been consolidating beneath resistance and is now threatening a bearish breakdown from the current range. The rejection from higher levels, combined with weakening bullish structure, suggests sellers may regain control in the short term. A confirmed move below the local support zone could accelerate bearish pressure and open the path toward the next demand area near **213.85**, which aligns with the highlighted target zone on the chart. 🎯 **Target:** 213.85 🛑 **Resistance:** 214.90 – 215.50 📉 **Bias:** Bearish below 214.90 *Traders should watch for a confirmed breakdown and increased selling volume before considering downside continuation setups.*