GBP/JPY Price Forecast: Sellers eye 214.00 after SMA break

The Pound Sterling collapses versus the Japanese Yen as growing “speculation” of an intervention in the FX markets witnessed the Yen appreciating versus most G8 FX currencies. The GBP/JPY trades with losses of more than 1.10%, at 214.08.
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Australia S&P Global Services PMI registered at 53.2 above expectations (52.9) in August

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