GBPJPY continues its bullish momentum – Today’s Forecast 12-01-2026

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The GBPJPY pair faced temporary selling pressure on Friday but maintained stability above the minor bullish channel support at 211.75, forming new bullish waves and settling above the 211.30 level, eventually reaching 212.30 to record further gains.

The stochastic indicator shows signs of supporting bullish momentum, strengthening the bullish scenario and suggesting potential targets at 212.70 and 213.40.

The expected trading range for today is 211.50–212.70.

Trend forecast: Bullish

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