GBPJPY Price Analysis Expected Scenario The GBPJPY pair hinted postponing the bullish attack due to the frequent negative closings below 201.40$ barrier, in addition to stochastic negative momentum. We notice the price crawl towards 201.00 now, expecting to face additional negative pressures to resume the correctional decline and target 200.65 as a first station, followed by reaching the major support at 199.90. Expected Trading Range Between 201.40$ and 200.00$.

Trend Forecast: Bearish