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GBP/JPY Price Forecast: Possible Japan intervention caps gains near 216.00

Summary by bipns.com
GBP/JPY trades under pressure on Thursday as the Japanese Yen (JPY) strengthens across the board amid speculation that Japanese authorities may have intervened in the foreign exchange market after the Yen fell to a 40-year low against the US Dollar (USD) earlier this week. At the time of writing, the cross is trading around 215, retreating from the two-month high of 216.08 touched during the Asian session. According to Reuters, it was not immedi…
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bipns.com broke the news on Friday, July 3, 2026.
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