*“The GBPJPY pair is influenced by continued contradictions among major indicators, delaying the anticipated bearish move. The pair is currently rallying toward 205.85, but this upside is unlikely to confirm a sustained bullish continuation as it remains below the 206.90 barrier. Mixed trading is expected until negative momentum builds, targeting corrective levels at 204.45 and 203.75.
Holding above 206.00 keeps the outlook neutral, awaiting the daily close to clarify the trend. A breach above 206.90 would reopen the path for a bullish move, with the next target at 207.60.
Today’s expected trading range: 204.45–206.20
Trend forecast: Bearish”**
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