GBP/JPY Price Forecast: Sellers retain control near September low

GBP/JPY Price Forecast: Sellers retain control near September low

Source: EODHD - https://www.fxstreet.com/news/gbp-jpy-price-forecast-sellers-retain-control-near-september-low-202609291159
Published: Sep 29, 2026 7:59 AM

GBP/JPY trades lower on Tuesday as the Japanese Yen (JPY) outperforms its major peers, supported by growing concerns that Japanese authorities could intervene in the currency market again. At the time of writing, the cross trades around 208.20, approaching September’s low near 207.

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.