GBPJPY analysis: The Harmonic model is completed at major display areas.

GBPJPY analysis: The Harmonic model is completed at major display areas.

GBPJPY analysis: The Harmonic model is completed at major display areas.

11 May 2026

by: Kadiri Radouane

Date: mai. 11.2026 Current price: 214.300

This is a technical analysis of the pound yen pair (GBPJPY) on the two-hour (2H) frame, based mainly on the Harmonic School with the integration of supply and demand zones: 1. Technical model (harmonic) The drawing shows the formation of a harmonic model under formation (bat model) where we note: The price is currently in the process of climbing to complete the last side of the model. The possible reflection point (PRZ) is located within the shaded area with green at the top. 2. Supply Zone The green shaded area represents a strong resistance area located between approximately 215.500 and 216.300 levels. The strength of this area is that it corresponds to a previous peak (from which the violent landing began at the beginning of the painting). The prediction of the analysis indicates that the price's arrival in this area will act as a barrier to prevent further ups. 3. Expected scenario (technical vision) The analysis predicts a double price movement: The first stage: the continuation of the current ascent to reach the target area (green zone). Phase II: A simple oscillation within the region (as shown by the zigzag lines) and then a strong downward reversal targeting distant lower levels (as the long black arrow indicates). Conclusion: The current vision is on sale par excellence, but not from the current price. The idea is to “wait for the price at the catch zone” (supply + harmonic completion) and then look for reversal signals to enter a long-term sale. Note: It is always advisable to monitor "Price Action" (such as a swallow candle or meteor) when touching the green zone to confirm the descent.

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