“GBP/JPY Breaks Through Resistance Level – Market Forecast | 06-01-2026”

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The GBP/JPY pair successfully overcame negative pressure after testing the 210.50 level, gaining momentum as the stochastic indicator turned positive and pushing past the 211.30 barrier to record new gains, reaching 212.15.

For further upside, the pair needs a positive close above the breached barrier, which would allow it to leverage bullish signals from key indicators and target 212.55. A break above this level could then open the way toward the bullish channel resistance at 213.75. Conversely, trading below the barrier may result in mixed movements, with potential retracements toward 211.50 and 209.75.

Expected trading range for today: 211.00 – 212.50
Trend forecast: Bullish

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