The post GBP/JPY Price Forecast: Buyers defend 100-day SMA as momentum weakens appeared on BitcoinEthereumNews.com. GBP/JPY stages a modest rebound on Friday after coming under selling pressure earlier in the day amid suspected intervention by Tokyo for a second straight day to curb excessive weakness in the Japanese Yen (JPY). At the time of writing, the cross is trading around 213.42, recovering from an intraday low of 211.81 and poised to end…
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