The GBP/JPY Hits Its Targets – Forecast for Today – 31-10-2025

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The GBP/JPY pair leveraged its repeated support at 200.45 to trigger the previously suggested bullish move, successfully reaching the initial target at 203.25.

The ongoing sideways movement is unlikely to undermine the bullish outlook as long as the support holds. Additionally, the stochastic indicator is showing signs of positive momentum, increasing the probability of surpassing 203.25 and aiming for 203.95, with a potential extension toward 204.70.

The expected trading range for today is 202.00 to 203.95.

Trend forecast: Bullish

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