“GBP/JPY Threatens Key Support – Forecast for 15 October 2025”

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“The GBP/JPY pair continues to face bearish pressure from the stochastic indicator, reducing the likelihood of a bullish breakout as it approaches the support level at 201.70.

Today’s outlook hinges on the strength of this support. If it holds, we can expect bullish momentum to develop, targeting initial resistance levels at 202.70 and 203.40. However, a break and sustained trading below 201.70 would likely trigger further corrective declines, with the next support levels near 201.00 and 200.45 in focus.

The expected trading range for today is between 201.50 and 202.70.

Trend forecast: Bullish.”

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