GBP/JPY Price Forecast: Sellers eye 214.00 after SMA break

GBP/JPY Price Forecast: Sellers eye 214.00 after SMA break

Source: EODHD - https://www.fxstreet.com/news/gbp-jpy-price-forecast-sellers-eye-21400-after-sma-break-202609022248
Published: Sep 02, 2026 6:48 PM

The Pound Sterling collapses versus the Japanese Yen as growing “speculation” of an intervention in the FX markets witnessed the Yen appreciating versus most G8 FX currencies. The GBP/JPY trades with losses of more than 1.10%, at 214.08.

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.