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The GBPJPY records further gains – Forecast today – 5-11-2026
The pair took advantage of its stability above the broken resistance level at 212.00 during yesterday’s trading, forming a strong bullish advance and achieving notable gains by reaching 213.75 before making an intraday pullback to gather additional positive momentum.
We expect the price to renew its bullish attempts, seeking to hold above 213.55 before targeting new positive levels, with gains potentially extending toward 214.20 and then 215.65.
The expected trading range for today is between 212.40 and 213.55.
Trend forecast: Bullish
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