GBP/JPY 1D Technical AnalysisGreat Britain Pound vs Japanese YenCFI:GBPJPYCFIGBP/JPY continues to trade within a well-defined rectangle range, with support around 206.80-207.00 and resistance near 211.20. Since the sharp September decline, price has remained trapped between these levels as buyers and sellers battle for control. 211.20 Resistance Back in Focus The pair is currently trading near 211.00, putting price just beneath the upper boundary of the range. Previous tests of this area have attracted sellers, making it the key level to watch in the near term. Support The lower boundary around 206.80-207.00 has repeatedly attracted buying interest and has prevented a deeper correction. As long as this support holds, the range remains the dominant market structure. Point of Control The volume profile highlights a Point of Control near 215.11, representing the highest concentration of trading activity. A sustained break above range resistance could bring this higher-value area into focus. Relative Strength Index The RSI has climbed to approximately 56.4, moving above the neutral 50 level and indicating improving momentum. However, the indicator remains below overbought territory, suggesting room for further upside if resistance is broken.