“GBP/JPY maintains an upward trend – Market outlook for 3 November 2025.”

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Despite GBP/JPY showing some weakness on Friday, the pair managed to hold above the additional support at 201.70, aligning with our bullish expectations as it fluctuated near 202.55.

The Stochastic indicator is attempting to rise above the 50 level, which could help the pair gather further positive momentum. This may support a rally toward 203.55, followed by renewed attempts to challenge the resistance at 203.95.

Today’s expected trading range: 202.00 – 203.95

Trend forecast: Bullish

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