Back to news
06 Aug 2026 · 15:15 GMT+3
11

GBP/JPY Price Forecast: 200-day SMA holds as downside risks linger

GBP/JPY trades in a narrow range on Thursday, with the British Pound (GBP) modestly outperforming the Japanese Yen (JPY). The Yen stays on the back foot for a third consecutive day, reversing part of the intervention-driven rally that briefly sent GBP/JPY below 210.00 at the start of the week.

Trading involves risk. The information above is for reference only and does not constitute investment advice.