The Bank of Japan (BOJ) has decided to hold interest rates steady at 0.5 percent, a decision that was expected by market analysts. Consequently, the USD/JPY and GBP/JPY currency pairs are witnessing a rally, with bulls targeting levels of 145 for USD/JPY and 193 for GBP/JPY. This technical outlook indicates significant movement in the Japanese yen as trade risks continue to cloud the broader market. Investors need to assess how central bank policies and international trade developments influence these currency pairs. As the market evolves, participants should consider how geopolitical factors and economic performance may drive rates in the future. Regular updates will be essential in navigating through these changing conditions effectively.