“GBPJPY Posts Significant Losses – Today’s Forecast (26-01-2026)”

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GBPJPY approached the main target at 215.00, where it encountered strong resistance that halted bullish attempts and triggered a corrective decline. The pair continued forming a bearish price gap this morning, settling below the support of the bullish channel at 210.95.

Sustained trading below this broken support, along with bearish signals from key indicators, would confirm the dominance of the bearish bias. In this scenario, further losses could target 209.65, followed by the 200% Fibonacci extension at 208.50.

Today’s expected trading range: 209.65 – 210.80
Trend forecast: Bearish, reinforced by stability below 211.00

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