GBP/JPY Price Forecast: 217.00 caps bulls as RSI stalls

Published Aug 24, 2026 6:07 PM Last refreshed Aug 24, 2026 7:00 PM Source: EODHD Event Time: Aug 24, 2026 6:07 PM

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This market news item includes source data powered by EODHD.

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GBP/JPY Price Forecast: 217.00 caps bulls as RSI stalls

Source: EODHD - https://www.fxstreet.com/news/gbp-jpy-price-forecast-21700-caps-bulls-as-rsi-stalls-202608242207
Published: Aug 24, 2026 6:07 PM

The GBP/JPY consolidates near familiar levels around 217.00 on Monday, as risk aversion dominates markets, with flows moving into haven assets like the US Dollar and Gold amid uncertainty over the Middle East conflict.

Market context: This update is relevant to GBP traders, with GBPJPY as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.

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