GBP/JPY: Bearish Bias Returns With Eyes on 210.43 Support

GBP/JPY extended its decline last week, suggesting the rebound from 210.43 has already completed at 215.59. The pair now faces initial downside pressure targeting the 211.23 support level, with a firm break below opening the door toward the 210.43 swing low. Resistance to watch on the upside sits at 214.04. The near-term bias remains mildly bearish heading into the week. Traders should watch for a clean break below 211.23 to confirm further downside momentum toward 210.43. A move back above 214.04 would neutralize the intraday bearish setup and shift the outlook back to neutral.