GBPJPY maintained its bullish corrective trajectory through this morning’s trading session, posting several positive closes above the 208.10 level. The pair responded to stochastic’s positive signals and is currently fluctuating near 209.60.

 

The price is now expected to resume its corrective bullish attempts, potentially advancing toward the resistance barrier near 210.40 in the near term. If positive factors persist, the pair may successfully test the resistance level near 211.25, which in turn represents a key threshold for confirming the broader trend in upcoming trading sessions.

 

The expected trading range for today is between 208.90 and 210.40

 

Trend forecast: Bullish