Buying support for pound-yen is expected to strengthen below ¥208, with the pair likely to gradually move higher. The ¥210 level is the first key point.
Under the main scenario, buying is coming in below the current level of ¥208, and pound-yen is expected to gradually move higher. Accordingly, the ¥210 level is expected to be the first key point.
If the pair breaks above this level, it may test the September 18 high of 211.28, the base line at 211.90, the 100-day moving average at 213.93 and the lower boundary of the Ichimoku Cloud at 214.59.
If the decline continues, likely targets include the September 30 low of 206.89, the December 16, 2025 low of 206.78, the December 1, 2025 low of 205.21, the ¥205 level and the November 21, 2025 low of 204.30.