Daily Technical Analysis：GBP/USD、USD/JPY

Welcome to our daily technical analysis of the financial markets, focusing today on GBP/USD and USD/JPY. Let's dissect the latest news, market trends, and crucial price levels to watch out for.

1. GBP/USD Analysis:
News Summary:
The pound rose slightly despite a slight increase in dovish expectations from the Bank of England in 2025. The market expects the BOE to cut interest rates by about 53 basis points next year, up from the 46 basis points expected after the December 19 policy statement. At that time, the BOE voted 6-3 to keep the borrowing rate unchanged at 4.75%. Before the policy statement, the market expected that only one member of the Monetary Policy Committee would support a rate cut.

Trend Analysis:
We can see GBP/USD rebounded slightly and moved near the 48 hours moving average on H4 chart. In addition, the MACD double line and energy column converge below the zero axis. The buy limit could be used, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [1.2460]
Key Resistance Levels: [1.2670]
Pivot Points [1.2500]

2. USD/JPY Analysis:

News Summary:
Currently, the USD/JPY is less volatile, and the exchange rate remains stable. The yen has gained some support due to market expectations that the Bank of Japan may raise interest rates in January next year, and this expectation is mainly due to the Tokyo Consumer Price Index (CPI) inflation data released last week. On Friday, Japan's Finance Minister said that unilateral and violent foreign exchange fluctuations had been observed recently. He said the government would take appropriate measures against excessive foreign exchange fluctuations.

Trend Analysis:
We can see USD/JPY H4 level fell back and moved below the 48 hours moving average. On the other hand, the MACD energy column and double line expand further downward. The sell limit could be placed, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [154.50]
Key Resistance Levels: [157.80]
Pivot Points [157.00]