GJ up or GJ down? beyond 219.614 & 210.460 (OANDA price points)GBP/JPYOANDA:GBPJPYfullermarketanalysisSun16Aug26 18:25EST FullMarketAnalysis (FMA) GJ is retracing on the daily while it decides whether to climb above the upper limit (219.614) or sink below the lower limit (210.460). Both outcomes are possible because the GJ market created solid conditions for the two situations. Its bullish daily range should maintain an upward movement above protected level 219.614 (trend continuation). It tested the range's lower limit, opening the opportunity for a downward drop below the tested price (change of character). The daily market is officially indecisive. Let's see what it does! Next move: Watch for violation of daily protected levels 210.460 and 219.614. 1. 210.460 violation = price may bear to daily target levels (*209.856*, 209.316, 207.667) 2. 219.614 violation = price may bull to daily target level (221.316) 3. Market should not violate the monthly's 215.887. 215.887 violation = all-time highs and market may climb as high as 217.353 & 221.316. NB: 215.887 was tested in April2026 and July2026 and is currently being tested in August 2026. This price level was not to be achieved; however, it was, hence it being tested = month end periodical checks at 17:00EST if it holds strong the monthly range's upper limit (215.887). Next checks on Mon31Aug, Wed30Sep, etc. State: Bullish Upper limit: 219.614 Lower limit: 210.460 Extension: Complete Retracement: Active Range: Active Other: N/A GJ's retracement activity: prev. was violated and . 1H Range: bearish upper limit = 216.334 lower limit = 209.575 ul violation = 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 retracement. 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.