GBP/JPY Price Forecast: RSI eases from overbought territory as upside momentum cools

The British Pound (GBP) weakens against the Japanese Yen (JPY) on Thursday as renewed intervention speculation supports the Yen after its recent slump. At the time of writing, GBP/JPY hovers near 212.35, extending losses for a second consecutive day while holding near multi-year highs.

GBP/JPY Price Forecast: RSI eases from overbought territory as upside momentum cools
The British Pound (GBP) weakens against the Japanese Yen (JPY) on Thursday as renewed intervention speculation supports the Yen after its recent slump. At the time of writing, GBP/JPY hovers near 212.35, extending losses for a second consecutive day while holding near multi-year highs.

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