GBP/JPY seems to be one of the favourite Forex pairs when it comes to breakouts in 2025.
It's taken 5 MONTHS for a breakout, which we have only gotten as of TODAY.
THere are a number of reasons for the upside and the upside to come including:
📉 Reduced Safe-Haven Demand for Yen
Improved U.S.-China trade relations have lessened global economic uncertainties, diminishing the appeal of the Japanese Yen as a safe-haven asset.
🔄 Widening UK-Japan Yield Differential
The divergence in monetary policies, with the UK maintaining higher interest rates compared to Japan's accommodative stance, has increased the yield differential, attracting investors to the Pound.
And let's look at the technicals which are LEADING the analysis.
W Formation
Price>20 and 200MA
Target 205.66
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
It's taken 5 MONTHS for a breakout, which we have only gotten as of TODAY.
THere are a number of reasons for the upside and the upside to come including:
📉 Reduced Safe-Haven Demand for Yen
Improved U.S.-China trade relations have lessened global economic uncertainties, diminishing the appeal of the Japanese Yen as a safe-haven asset.
🔄 Widening UK-Japan Yield Differential
The divergence in monetary policies, with the UK maintaining higher interest rates compared to Japan's accommodative stance, has increased the yield differential, attracting investors to the Pound.
And let's look at the technicals which are LEADING the analysis.
W Formation
Price>20 and 200MA
Target 205.66
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.