GBP/JPY Shows Calm Movement Amid Lack of Catalysts — Forecast (13/11/2025)

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The GBP/JPY pair has not achieved any new bullish targets since yesterday, as stochastic indicators attempt to move out of overbought territory, leading to sideways trading and keeping the pair fluctuating near the 203.10 level.

It’s important to note that maintaining stability above the 201.70 support level remains a key factor in confirming the bullish outlook. We are waiting for the pair to gather fresh bullish momentum that could drive pressure toward the 203.95 barrier, potentially paving the way for a renewed upward move with next targets at 204.65 and 205.25.

Expected trading range for today: 202.50 – 204.65
Trend forecast: Bullish

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