GBP/JPY Price Forecast: Seems poised to retest YTD peak, near 200.00 mark

  • The GBP/JPY cross attracts some dip-buyers near the 198.40-198.35 region during the Asian session on Thursday and stalls a modest corrective pullback from a one-year high touched the previous day. Spot prices currently trade around the 199.00 mark and seem poised to appreciate further amid a bullish technical setup.