“GBP/JPY Nears Target Level – Market Forecast for 30-10-2025”

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The GBP/JPY pair approached the target near 200.45 in yesterday’s trading, establishing an important support level that could trigger a bullish rebound toward 202.10, signaling a potential resumption of the upward trend.

Renewed bullish momentum is needed to secure a close above 201.70, which would strengthen the likelihood of reaching higher targets around 202.55 and 203.25. Conversely, a decline below 200.45 could lead to further losses, with the initial downside target near 199.20.

Today’s expected trading range: 200.80 – 202.55

Trend Forecast: Bullish, as long as 200.45 holds

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