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The GBPJPY postpones the rally – Forecast today – 19-6-2026
The GBPJPY pair surrendered to strong negative pressure during yesterday’s trading, forcing it to fall below the initial support level at 213.50. This led to further losses, with the pair touching 212.35 before entering a sideways fluctuation phase and stabilizing near 213.00.
The price is expected to remain under the influence of a bearish bias, as the 214.25 level has formed a new additional barrier, while the Stochastic indicator is moving toward the 20 level. Therefore, the pair is likely to develop new bearish waves in the near term, targeting 211.80 initially and then extending toward 210.65.
The expected trading range for today is between 211.80 and 213.65
Trend forecast: Bearish
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