GBP/JPY Forecast: Recovers After Initial Dip – 28 November 2025
The British pound recovered from a Thursday dip against the yen, reaffirming bullish momentum driven by interest rate advantages and supportive risk sentiment.

The British pound recovered from a Thursday dip against the yen, reaffirming bullish momentum driven by interest rate advantages and supportive risk sentiment.
EUR/USD stayed rangebound on Thursday, testing resistance near the 50-day EMA with direction likely hinging on upcoming U.S. dollar moves amid holiday-thinned trading.
USD/INR remains firmly in an uptrend, with support around ₹89 and expectations building for a move toward ₹90 as technical momentum continues despite holiday-thinned trading.
Gold continues to press against the $4,200 resistance zone, with a breakout above $4,250 signaling further upside while pullbacks above $3,950 remain attractive to buyers.
The Tel Aviv 35 is rebounding off the 3,300 level, with continued strength in pharma and banking sectors supporting a broader uptrend and dips viewed as buying opportunities.
Gold is seeing its recent strong rebound lose some impulse on Thursday, following a failed attempt to advance north of the $4,160 mark per troy ounce. The move higher comes as the US Dollar (USD) loses some steam again, even though US Treasury yields are trying to rebound across the curve.