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GBP/JPY opened the week on a softer note, slipping below the 211.00 mark after recently touching multi-year highs. The pair attracted some selling pressure early in the session, though the move lacked strong follow-through, suggesting traders remain cautious. Renewed safe-haven demand for the Japane

GBP/JPY defies the previous day’s losses while taking a U-turn from 134.05. Ireland expects Brexit deal in October, Germany’s Merkel less likely to help. China attacks the UK over the Huawei ban, Russia dislikes the first independent British sanctions for human rights violations. BOE’s Bailey postpo

GBPJPY is pulling back into the 1H Demand Zone at 203.40–203.20 after forming liquidity sweep and maintaining bullish structure. We’re expecting a bullish reaction from this zone with continuation toward the upside target. Best Buy Zone: 203.40–203.20 Target: 205.20 SL: Below 202.95 Wait for bullish