“GBP/JPY Maintains Bearish Closing Momentum – Market Forecast for 29 December 2025”

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The GBP/JPY pair continued to post bearish closes below the 211.30 level, confirming the dominance of the previously suggested corrective bearish bias. The pair declined toward 210.40, supported by the stochastic indicator exiting overbought territory.

We maintain our near-term corrective outlook, with initial downside targets located around 209.75 and 209.30. However, a successful move above the mentioned resistance followed by a positive close would revive the bullish bias, opening the way for a rally toward the next upside target near 212.65.

Expected trading range today: 209.75 – 211.20

Trend outlook: Bearish

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