EUR/JPY, GBP/JPY: Yen Crosses Look Poised for Bullish Breakouts – Investing.com

EUR/JPY and GBP/JPY, two popular yen crosses, are showing signs of potential bullish breakouts. The EUR/JPY and GBP/JPY pairs are currently looking poised for an upward trend.

Investors and traders are keeping a close eye on these currency pairs as they may be on the brink of breaking out in a bullish direction. The EUR/JPY and GBP/JPY pairs have been showing strength and could potentially see further gains in the near future.

Both pairs have been trading in a range-bound pattern recently, but there are indications that they may be ready to break out to the upside. Technical analysis suggests that there is potential for upward movement in the EUR/JPY and GBP/JPY pairs.

Traders should closely monitor these pairs for any signs of a breakout and be prepared to take advantage of potential bullish momentum. As always, it is important to stay informed and be aware of any developments that may impact these currency pairs.

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