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12 Aug 2026 · 14:46 GMT+3
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GBP/JPY Price Forecast: Recovery stalls below the 50-day SMA

GBP/JPY holds firm on Wednesday, trading within Monday’s range as the Japanese Yen (JPY) stays on the back foot, having given up nearly half of the gains triggered by the joint US-Japan intervention. At the time of writing, the cross trades around 215.12, virtually unchanged on the day.

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