
GBP/JPY Price Forecast: Bulls recover lost ground as intervention effect wears off
GBP/JPY Price Forecast: Bulls recover lost ground as intervention effect wears off
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GBP/JPY Price Forecast: Bulls recover lost ground as intervention effect wears off

Pound Sterling Price News and Forecast: GBP/USD flatlines around 1.3630

The relative calm in the energy and bond markets have allowed the US dollar and equities to make a slightly positive start to the week. America's economic war on Iran also failed to trigger any panic, leaving investors with little to chew over until the release of US inflation data on Wednesday and Kevin Warsh's speech at the Jackson Hole Symposium on Friday.

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GBP/USD is holding at 1.3627 on Tuesday. In the final full week of August, the pair remains near its highest level since mid-February.

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Gold and silver remain supported by strong ETF inflows and Iran risks as traders await Kevin Warsh's Jackson Hole speech and U.S. PCE inflation data.

DXY attempts to recover as markets await Kevin Warsh's Jackson Hole speech and PCE inflation, while EUR/USD and GBP/USD hold near key support.

Bessent's Iran offensive, Gold's three-month high and Aussie CPI ahead