“GBP/JPY Hits Initial Extended Target – Forecast (10-12-2025)”

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The GBP/JPY pair capitalized on positive factors, forming additional support at 206.90 and gaining bullish momentum from key indicators. This pushed the pair higher to 208.90 yesterday, achieving the initial extra target highlighted in the previous report, and triggering sideways consolidation to gather further bullish strength.

A renewed bullish push is expected, with a break above 208.60 likely to target new highs at 209.30, extending toward the 261.8% Fibonacci level near 209.75.

Expected trading range for today: 208.00 – 209.75

Trend forecast: Bullish

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