GBPJPY Price Analysis Expected Scenario The GBPJPY pair provided a new positive close above the 200.70 level, confirming its affection by the suggested bullish bias domination, recording extra gains by hitting 201.10 and holding near it, announcing its readiness to resume the bullish attack. We wait for hitting the top at 201.62, and surpassing it will open the way for recording extra gains that might extend in the near period towards 202.35 and 202.95. The risk of changing the bullish trend in the current trading will appear when the price declines below the extra support at 199.80 and holds below it, which assists in activating the bearish correctional track before reaching any new positive target. Expected Trading Range Between 200.35 support and 201.60 resistance.

Trend Forecast: Bullish