GBP/JPY, Technical Analysis – H4
13.07.2026 14:10
Внутридневный
Технический
Despite the massive and prolonged upward price swing, bulls have so far failed to update the structural high, preserving the overall bearish character of the chart. Failure to break above the 1,3450 level would serve as confirmation that the market is preparing for a new downward trend movement.
Key Levels:
□ 1,3450 (key resistance)
□ 1,3400 (first support / target)
Primary Scenario:
Reversal downward from the 1,3440–1,3450 zone, with the first target at 1,3400.
Alternative Scenario:
Breakout above 1,3450 and advance toward 1,3500.
Analyst Commentary:
Today’s focus for traders will be monitoring the 1,3450 zone for signs of strength or weakness.