GBP/JPY Forecast: Pulls Back After Rally as Traders Eye 210 Support – 21 January 2026
GBP/JPY pulled back after an early Tuesday rally, but the wide interest rate differential continues to favor buying the pair on dips near the ¥210 support zone.

GBP/JPY pulled back after an early Tuesday rally, but the wide interest rate differential continues to favor buying the pair on dips near the ¥210 support zone.
The Australian dollar is testing the 50-day EMA against the New Zealand dollar, with traders eyeing a potential rebound toward 1.17 or a breakdown to 1.14.
Silver prices continued their aggressive rally on Tuesday, driven by a persistent short squeeze, physical supply concerns, and dollar weakness, with $100 in sight.
Gold (XAU/USD) continues scaling new record peaks for the third consecutive day and climbs further beyond the $4,850 level during the Asian session on Wednesday.
EUR/USD continues to grind higher, extending its winning streak into a second session and pushing up to fresh yearly highs. With momentum still firmly on its side, the pair looks increasingly comfortable eyeing a potential retest of the December peaks just north of 1.1800 the figure.
The AUD/USD’s climb is starting to look more convincing, and it seems likely that it will soon test the 2026 highs in the 0.6760–0.6780 range again.