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The GBPJPY is retesting extra support– Forecast today – 15-1-2026
The GBPJPY pair surrendered to the stability of 214.20 barrier, which represents %2.00 Fibonacci extension level, forcing it to activate the attempts of gathering the gains, reaching 212.55, to test extra support level again.
Reminding you that the main stability within the bullish channel’s levels and the stability of the current support make us keep the bullish scenario, which might target 213.55 level, and surpassing it might make it approach the previously mentioned barrier, while the stability below 213.55 and facing extra negative pressure will increase the chances of activating the bearish corrective track, to reach 212.20 reaching the bullish channel’s support at 211.40.
The expected trading range for today is between 212.4 and 213.55
Trend forecast: Bullish
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