{
  "id": 3122781,
  "title": "GBP/JPY Price Forecast: 217.00 caps bulls as RSI stalls",
  "url": "https://urgent.news/2026/08/24/gbp-jpy-price-forecast-217-00-caps-bulls-as-rsi-stalls",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T22:07:52.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/gbp-jpy-price-forecast-21700-caps-bulls-as-rsi-stalls-202608242207"
  },
  "original_language": "en",
  "account": "The GBP/JPY currency pair remains stagnant near the 217.00 level on Monday, as market participants remain cautious amid geopolitical uncertainties. The Relative Strength Index (RSI) has stalled around 60, indicating a lack of momentum for either bulls or bears. To see a bullish trend continue, the GBP/JPY must break above 217.00, which would then mark a key resistance level followed by 218.00 and the July 30 high of 218.69. Below 217.00, the pair could find support at the 216.00 psychological level, followed by the 50-day Simple Moving Average (SMA) at 215.68 and 215.00. Should the bears gain control, the 100-day SMA at 214.93 could be the next target for a downward move.",
  "summary": "The GBP/JPY consolidates near familiar levels around 217.00 on Monday, as risk aversion dominates markets, with flows moving into haven assets like the US Dollar and Gold amid uncertainty over the Middle East conflict.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD holds bullish below $70.00/two-month high set on Friday",
        "url": "https://urgent.news/2026/08/24/silver-price-forecast-xag-usd-holds-bullish-below-70-00-two-month",
        "published": "2026-08-24T02:54:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}