The GBP/JPY pair is experiencing a bearish breakdown as traders await the outcome of the Bank of Japan’s (BoJ) monetary policy meeting on January 24. Analysts predict a potential rate hike of 25 basis points, elevating the short-term policy rate to 0.50%. This outcome will significantly influence GBP/JPY’s trajectory. Market watchers on Entreprenerdly.com should prepare for possible volatility as these events unfold.