GBP/JPY Forecast: Drops as Yen Strengthens – 29 October 2025
GBP/JPY dropped sharply following BOJ comments, but key support near ¥200 and the 50-day EMA could present a buying opportunity with an upside target at ¥205.

GBP/JPY dropped sharply following BOJ comments, but key support near ¥200 and the 50-day EMA could present a buying opportunity with an upside target at ¥205.
Negative operating cash flow, weak operating margins, and high valuations lead the bearish catalysts. Should you sell Constellation Energy before its earnings data is released?
USD/BRL continues to edge lower amid cautious sentiment ahead of the Fed’s rate decision, with optimism around U.S.–China trade and Brazil’s hawkish stance supporting the Real.
Industry-leading profit margins, solid market leadership, and a pending split into three publicly traded companies provide bullish catalysts. Is Honeywell International a buy after earnings?
EUR/USD is slightly bullish but remains capped by the 50-day EMA, with major resistance at 1.17 and volatility expected around the Fed and ECB rate decisions.
NZD/USD is rising cautiously toward resistance at $0.58 and the 50-day EMA, where signs of exhaustion may trigger a bearish reversal ahead of the FOMC decision.