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fxAug 17, 2026, 10:48 PM

GBP/JPY Reclaims 50-Day SMA as Bulls Target 217.00

GBP/JPY is set to close Monday with modest gains and has moved back above its 50-day SMA at 215.52, putting the 217.00 level in focus.

GBPJPY

GBP/JPY is poised to finish Monday’s session with a gain of more than 0.14%, according to the post. The cross has climbed back above its 50-day simple moving average at 215.52.

Traders view that move as a possible breakout signal, with the 217.00 area now in focus heading into Tuesday’s Asian session.

Source: FXStreet Forex News