FX.co ★ GBP/JPY Day | Bearish reversal

scenario with key support and resistance levels as follows:

Resistance Level:

The 1st resistance level at 188.640 is identified as "An Overlap resistance." This level may act as a significant barrier to further upward movement in the GBP/JPY exchange rate.

Support Levels:

The 1st support level at 184.290 is marked as "An Overlap support." It represents a potential area of buying interest and could act as a support zone where price reversals or consolidations may occur.

The 2nd support level at 181.590 is identified as "Pullback support." This level is another important support zone where traders might consider entering long positions.