FX.co ★ GBP/JPY

Hello traders, in yen pairs, including GBPJPY, the synchronicity has been lost. It's a pity, it's more common when they move in the same direction under the influence of the Japanese currency. The bullish sentiment towards GBPJPY remains despite the sellers' periodic attempts to take the lead. A close above 212.10 opens the way for buyers to 212.50 - they have already reached 212.80 and 213.05-213.30. Successfully surpassing these levels will make it possible to continue the uptrend towards 214.00 and beyond. If the level of 212.50 holds, then initially we can expect a decline to 212.10. A close below 212.10 would make a decline to 211.70 and 211.50 realistic. If it is possible to establish below 211.50, then downward movement can continue to 211.35, 210.95, and 210.55. Further prospects will need to be assessed based on the actual situation, but if the price drops below 210.55, then the bears will have a chance to move down to 210.15, 209.75, and 209.40.