GBPJPY shorts as flow movesYen moving in line with flow. Big push. Playing an entry against the range to the bottom.
Usgg10yr
US10Y And the FED just did it!There's no surprises today. However, keep in mind this is the first rate cut in a decade, a modest and widely expected move that is meant to keep the economy healthy in the face of head winds from trade war between U.S and China and the slower global growth. Now, the problem is the word "healthy", because at the end of the day we're looking for more inflation and leverage, and debt is no longer healthy. I'm not saying they're wrong, but we know we're climbing a mountain that is more likely a dangerous cliff.
About this chart, I won't like to see how it goes around 1.324. Unfortunately, the curve is likely to invert again (2s/10S), so it seems imminent to hit that level.
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Good Luck!
Have a good trading week.
