Medium Impact GBPJPY GBP UK

GBP/JPY Daily Outlook

Published Jul 16, 2026 7:50 AM Last refreshed Jul 18, 2026 6:54 AM Source: Action Forex Event Time: Jul 16, 2026 7:50 AM
Imported headline
GBP/JPY Daily Outlook

Source
Action Forex - https://www.actionforex.com/technical-outlook/gbpjpy-outlook/647455-gbp-jpy-daily-outlook-2433/

Summary
GBP/JPY's up trend resumed by breaking through 217.99 and intraday bias is back on the upside. Current rally should target 220.90 fibonacci projection level next.
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