GBP/JPY · M15 — Technical Analysis | with Forex Indicator Signals
๐ **GBP/JPY · M15 — Technical Analysis | April 17, 2026** ๐ด Bearish Bias | Price Action + Fibonacci + Key Levels ๐ **MARKET OVERVIEW** GBP/JPY on the M15 timeframe delivered two high-conviction setups between April 13–17, 2026. The pair launched a strong bullish impulse from the 213.930 support base, climbing over **+100 pips** before hitting the 215.870 resistance ceiling. A sharp bearish reversal then unfolded from that zone, printing a clean **+130 pip sell move** — both setups confirmed in real time. ๐ **FIBONACCI RETRACEMENT LEVELS** *(Swing Low 213.930 → Swing High 215.870)* ๐ก 23.6% → 215.411 — shallow pullback zone ๐ก 38.2% → 214.689 — first buy-dip confluence ๐ฃ 50.0% → 214.900 — mid-range decision point ๐ก 61.8% → 215.099 — Golden Ratio · key confluence ⭐ ๐ด 78.6% → 215.425 — deep retrace / reversal alert ๐ด **RESISTANCE LEVELS** R2 → 215.870 — structural ceiling (multi-session top) R1 → 215.480 — intraday pivot ๐ข **SUPPORT LEVELS** S1 → 214.3...