GBPJPY Pair Price Analysis Expected Scenario The GBPJPY pair achieved some additional gains yesterday by touching 199.60 level, followed by starting to form some sideways waves due to the lack of the positive momentum. The main stability within the bullish channel and the stability of 198.90 support line form major factor to confirm the bullish scenario for the current trades, to keep waiting to record new gains by targeting 200.10 resistance, while surpassing it will push the price to 200.60 as a next target for the bullish trades. Expected Trading Range Between 199.20 support and 200.10 resistance.

Trend Forecast: Bullish