The GBP/JPY pair is experiencing slow corrective movement, driven by mixed signals from the main technical indicators. Price action remains confined near the 210.65 level; however, continued stability below 211.30 strengthens the likelihood of a bearish corrective move. Accordingly, we maintain our negative outlook, with expectations of a decline toward 209.70, potentially extending to the support of the minor bullish channel at 209.00.
On the other hand, a build-up of bullish momentum followed by a breakout above the mentioned resistance would revive the bullish trend, opening the door for further upside targets starting around 212.65.
Expected trading range today: 209.30 – 211.20
Trend outlook: Bearish
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Full VIP signals performance report for September 22–26, 2025:
