GBPJPY Loses Upward Momentum – Forecast 19-11-2025

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**“The GBPJPY pair reached the initial extended target at 204.65, prompting sideways trading as it seeks to rebuild positive momentum. Support at 203.85 will be crucial for generating the extra bullish momentum needed to target further gains at 205.25 and 205.70.

However, failure to hold above 203.85 could lead to mixed trading, with a possibility of retracing to 203.10 and testing the 161.8% Fibonacci extension near 202.45.

The expected trading range for today is 203.90–202.25.

Trend forecast: Bullish”**

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