GBPJPY Price Analysis Expected Scenario The GBPJPY pair was affected by some positive pressures on Friday, which forced it to delay the bearish correctional attack and rally to 200.65 again, attempting to retest the main resistance at 200.90. The continuation of stochastic attempts to provide negative momentum, due to its continuous fluctuation below the overbought level, makes us keep the bearish correctional attempts, reminding you that the main targets are located near 199.35 and 198.55 levels. Expected Trading Range Between 200.70 support and 199.35 resistance.
Trend Forecast: Bearish