GJ 1 hour upper limit was violated. Buys expected above 209.575GBP/JPYOANDA:GBPJPYfullermarketanalysisThu120ug26 12:03EST FullMarketAnalysis (FMA) GJ 1H Range upper protected level violated Outcome: 1. Change of Character from bearish range to bullish range 2. Lower limit/lower protected level = 209.575 3. Action phase/market phase = extension (upper limit cannot be determined until extension is complete) 1H FMA 1H Range: bullish upper limit = N/A lower limit = 209.575 ul violated = look out for: target level1 (218.300), tl2 (219.390), tl3 (221.316) ll violation = target level1 (209.366), tl2 (208.989), tl3 (208.288), tl4 (207.354) Extra info: 1. GJ is with an active range. At the moment, it is deciding to climb or dive. 2. GJ is with an active retracement. its upper limit is 219.614, hence its aim to reach 228.775 is null and void until its upper limit is violated. Market range before 24Aprl26 = bullish. Current range as of 26Apr26 = bullish. Next range might very well be bearish, considering 2 things. 1) 228.755 is the closest weekly target level, which is very expensive. & 2) The market tested the current daily lower limit, hence a favoring probability to violate, drive price further down and shift the daily market cycle from bullish to bearish. 3. GJ is with an active range] - in April & July of 2026, and is currently being tested in August 2026. Check back month end to see if it will be violated. Disclaimer: For educational purposes only. Not financial advice. Trading involves risk and may result in loss of capital. Past performance does not guarantee future results. This is not a solicitation to buy or sell any financial instrument. Trade at your own risk.