GBP/JPY Price Forecast: Bears test 200-day SMA after sharp...

GBP/JPY Price Forecast: Bears test 200-day SMA after sharp sell-off

Published Aug 04, 2026 8:11 AM Last refreshed Aug 04, 2026 9:00 AM Source: EODHD Event Time: Aug 04, 2026 8:11 AM

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GBP/JPY Price Forecast: Bears test 200-day SMA after sharp sell-off

Source: EODHD - https://www.fxstreet.com/news/gbp-jpy-price-forecast-bears-test-200-day-sma-after-sharp-selloff-202608041211
Published: Aug 04, 2026 8:11 AM

GBP/JPY rises on Tuesday as the Japanese Yen (JPY) gives back part of its recent rally, which was driven by coordinated intervention from Tokyo and Washington.

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.