GBP/JPY Bearish Rejection from ResistanceGBP/JPYOANDA:GBPJPYPRIMEALPHA-FXGBP/JPY is showing signs of bearish rejection after rallying into a major resistance zone around **215.40–215.50**. Price failed to break above resistance and formed a rejection, suggesting buyers are losing momentum. The Ichimoku Cloud remains supportive below price, but the inability to clear resistance increases the probability of a short-term correction. As long as the pair stays below the highlighted resistance area, sellers may push price lower toward the marked support. ### **🎯 Target:** * **Primary Bearish Target:** **214.00** * **Key Resistance:** **215.40 – 215.50** * **Invalidation:** A strong hourly close above **215.50** could invalidate the bearish outlook and open the door for further upside. **Bias:** Short-term **Bearish Pullback** while below resistance, with **214.00** as the primary downside target.