GBP/JPY Price Forecast: Intervention shock exposes 210.00
- GBP/JPY plunges below 200-day SMA after intervention speculation.
- Oversold RSI warns sellers may face mean-reversion rebound.
- Break below 210.00 exposes 209.64 and 209.00 support.
https://www.fxstreet.com/news/gbp-jpy-price-forecast-intervention-shock-exposes-21000-202609032301
FXStreet
GBP/JPY Price Forecast: Intervention shock exposes 210.00 | FXStreet
The GBP/JPY tanks amid speculation of intervention by Japanese authorities in the FX markets, driven by a rate check by Tokyo. The cross-pair drops more than 300 pips, trades at 210.92, down by more than 1.40%.
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1September 4, 2026 525
