GBP\/JPY Sal\u0131 g\u00fcn\u00fc y\u00fckseldi. Yen, Tokyo\u2019nun d\u00f6viz m\u00fcdahalesi (merkez bankas\u0131n\u0131n kurdaki a\u015f\u0131r\u0131 hareketi yava\u015flatmak i\u00e7in piyasaya do\u011frudan al\u0131m-sat\u0131m yapmas\u0131) etkisini kaybederken genel piyasada de\u011fer kaybetti. Odak yeniden Orta Do\u011fu\u2019daki gerilime d\u00f6nd\u00fc. Parite 213,90 civar\u0131nda i\u015flem g\u00f6rd\u00fc ve g\u00fcn i\u00e7inde yakla\u015f\u0131k %0,53 artt\u0131.<\/p>\n
Yen zay\u0131f kald\u0131; \u00e7\u00fcnk\u00fc petrol fiyatlar\u0131ndaki art\u0131\u015f Japonya\u2019n\u0131n enerji ithalat faturas\u0131n\u0131 (ithalat i\u00e7in \u00f6denen toplam tutar) b\u00fcy\u00fctece\u011fi endi\u015fesini art\u0131rd\u0131. Japonya ve Birle\u015fik Krall\u0131k enerji ithalat\u00e7\u0131s\u0131 olsa da Japonya, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019ndan ge\u00e7en sevkiyata daha fazla ba\u011fl\u0131 oldu\u011fu i\u00e7in daha k\u0131r\u0131lgan.<\/p>\n
GBP\/JPY\u2019ye destek veren bir di\u011fer unsur, \u0130ngiltere Merkez Bankas\u0131 (BoE) ile Japonya Merkez Bankas\u0131 (BoJ) aras\u0131ndaki faiz fark\u0131 oldu. Petrol kaynakl\u0131 enflasyon (enerji pahalan\u0131nca genel fiyatlar\u0131n artmas\u0131) riski bu fark\u0131 b\u00fcy\u00fctebilir; \u00e7\u00fcnk\u00fc daha s\u0131k\u0131 para politikas\u0131 (faizi art\u0131rma\/likiditeyi azaltma) fiyat art\u0131\u015flar\u0131n\u0131 s\u0131n\u0131rlamak i\u00e7in kullan\u0131l\u0131r.<\/p>\n
BoJ faizleri yava\u015f s\u0131k\u0131la\u015ft\u0131r\u0131yor; ancak enerji kaynakl\u0131 b\u00fcy\u00fcme riskleri (y\u00fcksek enerji maliyetlerinin ekonomiyi yava\u015flatmas\u0131) politika seyrini etkileyebilir. Piyasalar y\u0131l sonuna kadar BoE\u2019den en az iki faiz art\u0131\u015f\u0131 fiyatl\u0131yor.<\/p>\n
G\u00fcnl\u00fck grafikte parite 100 g\u00fcnl\u00fck ve 200 g\u00fcnl\u00fck basit hareketli ortalamalar\u0131n (SMA: belirli g\u00fcn say\u0131s\u0131ndaki kapan\u0131\u015flar\u0131n ortalamas\u0131; trend y\u00f6n\u00fcn\u00fc g\u00f6rmek i\u00e7in kullan\u0131l\u0131r) \u00fczerinde kal\u0131yor. RSI (g\u00f6reli g\u00fc\u00e7 endeksi; 0-100 aras\u0131, 50 dengede, \u00fcst\u00fc g\u00fc\u00e7lenme, alt\u0131 zay\u0131flama) 50 civar\u0131nda. MACD (trend\/momentum g\u00f6stergesi; negatif olmas\u0131 d\u00fc\u015f\u00fc\u015f bask\u0131s\u0131na i\u015faret eder) ise negatif.<\/p>\n
Diren\u00e7 (yukar\u0131da zorlan\u0131lan seviye) 214 civar\u0131nda. Destek (a\u015fa\u011f\u0131da al\u0131m\u0131n g\u00fc\u00e7lendi\u011fi seviye) 100 g\u00fcnl\u00fck SMA olan 212 civar\u0131nda, ard\u0131ndan 209. 200 g\u00fcnl\u00fck SMA 206 civar\u0131nda.<\/p>\n
Enflasyon, fiyatlar\u0131n y\u00fckselmesidir. Ayl\u0131k (MoM: bir \u00f6nceki aya g\u00f6re) ve y\u0131ll\u0131k (YoY: bir \u00f6nceki y\u0131la g\u00f6re) \u00f6l\u00e7\u00fcl\u00fcr; merkez bankalar\u0131 genelde %2 civar\u0131n\u0131 hedefler. T\u00dcFE (CPI: t\u00fcketici fiyat endeksi; t\u00fcketicinin \u00f6dedi\u011fi sepetin fiyat de\u011fi\u015fimi) fiyat de\u011fi\u015fimini izler. \u00c7ekirdek T\u00dcFE (core CPI: g\u0131da ve enerjiyi d\u0131\u015far\u0131da b\u0131rak\u0131r; daha \u201ckal\u0131c\u0131\u201d e\u011filimi \u00f6l\u00e7mek i\u00e7in) %2\u2019nin \u00fczerinde y\u00fckselirse faiz art\u0131\u015f\u0131 ihtimali artabilir. Daha y\u00fcksek faizler para birimini destekleyebilir; alt\u0131n gibi faiz getirisi olmayan varl\u0131klarda ise bask\u0131 yaratabilir.<\/p>\n
BoE ile BoJ aras\u0131ndaki belirgin faiz fark\u0131 ana unsur olmaya devam ediyor. Nisan 2026 i\u00e7in Birle\u015fik Krall\u0131k T\u00dcFE verisi %3,5 ile y\u00fcksek gelince, BoE\u2019nin 14 May\u0131s\u2019taki toplant\u0131s\u0131nda faiz art\u0131r\u0131m\u0131 beklentisi g\u00fc\u00e7lendi. Buna kar\u015f\u0131l\u0131k BoJ, nisan sonundaki toplant\u0131s\u0131nda faizi de\u011fi\u015ftirmedi ve belirgin bir ad\u0131m i\u00e7in enflasyonun %2,1\u2019in \u00fczerinde kal\u0131c\u0131 olmas\u0131n\u0131 istedi\u011fini ima etti.<\/p>\n
Brent petrol\u00fcn (Kuzey Denizi referans ham petrol\u00fc) varil ba\u015f\u0131na 110 dolara y\u00fckselmesi Yen \u00fczerinde ek bask\u0131 yarat\u0131yor. \u00c7\u00fcnk\u00fc Japonya ekonomisi enerji ithalat maliyetlerine \u00e7ok duyarl\u0131 ve bu k\u0131r\u0131lganl\u0131k Birle\u015fik Krall\u0131k\u2019tan daha y\u00fcksek. Nisan 2026 sonundaki d\u00f6viz m\u00fcdahalesinin etkisi s\u0131n\u0131rl\u0131 kald\u0131; Yen\u2019e destek veren seviyeler b\u00fcy\u00fck \u00f6l\u00e7\u00fcde ortadan kalkt\u0131.<\/p>\n
2025\u2019in ikinci yar\u0131s\u0131nda da benzer bir tablo g\u00f6r\u00fclm\u00fc\u015ft\u00fc: enerji maliyetleri s\u0131\u00e7ray\u0131nca GBP\/JPY d\u00f6rt ayda %8 kal\u0131c\u0131 y\u00fckselmi\u015fti. Mevcut temel g\u00f6r\u00fcn\u00fcm (fiyat\u0131 etkileyen ana etkenler) buna benziyor ve paritede yukar\u0131 trendin s\u00fcrd\u00fc\u011f\u00fcne i\u015faret ediyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
GBP\/JPY y\u00fckseli\u015fte: Yen, m\u00fcdahale etkisi azal\u0131rken Ortado\u011fu gerilimi ve 110$ petrol bask\u0131s\u0131yla zay\u0131f. BoE-BoJ faiz fark\u0131 ralliye yak\u0131t, teknik tablo 214 direncini \u00f6ne \u00e7\u0131kar\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-46201","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=46201"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46201\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}