GBPJPY trades with volatility while maintaining the bullish trend – Forecast – 07-01-2026.

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The GBPJPY pair ended the previous bullish rally at 212.15 before pulling back to settle near 211.30, which acted as a strong barrier to further bullish attempts.

The pair’s stability around key bullish levels and the formation of additional support at 211.30 suggest a potential buildup of bullish momentum. This could reinforce the likelihood of reaching the target at 212.55, and a breakout above this level might extend trading toward 213.75. Conversely, a drop below 211.30 with a negative close would delay the bullish move and initiate a temporary corrective wave targeting 210.65 and 209.90.

The expected trading range for today is 211.00–212.50.

Trend forecast: Bullish

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