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fxAug 13, 2026, 11:23 PM

GBP/JPY steadies above 215.00, capped by 50-day SMA

GBP/JPY was little changed on Thursday, holding near 215.00 as traders stayed cautious amid yen intervention fears and solid UK data.

GBPJPY

GBP/JPY remained directionless on Thursday as traders avoided opening fresh directional bets. Concerns about possible FX market intervention that could strengthen the yen, along with solid UK data, kept sentiment cautious.

The cross was trading around 215.00, with the 50-day simple moving average acting as a cap on upside moves. The pair showed no clear momentum in either direction.

Source: FXStreet Forex News