GBP/JPY Remains Stable – Today’s Forecast (4-11-2025)

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The GBP/JPY pair has remained largely unchanged since yesterday, trading sideways around 202.30 due to conflicting signals from key indicators. Its stability above the main support at 200.45, along with the formation of additional support near 201.70, keeps the bullish outlook intact. The next target is 203.95, and a breakthrough beyond this level could open the way for further gains toward 204.60.

However, if the extra support at 201.70 is broken, the bullish momentum may stall, leading to mixed trading and a potential retest of 200.45 before any new upward movement occurs.

Expected trading range for today: 201.75 – 203.95

Trend forecast: Bullish

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