NFP release on April 4 at 15:30 is crucial for 
GBPUSD and 
GBPJPY
Here's what to expect based on the forecasted numbers,
- Forecast: 135K (Previous: 151K) → A weaker labor market expectation.
- Unemployment Rate Forecast: 4.1% (Previous: 4.1%) → No change expected, but any surprise deviation will be key.
1. NFP Comes in Lower than Expected (<135K)
- USD Weakens: A weak jobs report signals a slowing economy, increasing bets that the Fed might cut rates sooner.
- GBP/USD Bullish: Dollar weakness would push GBP/USD higher.
- GBP/JPY Mixed: If USD/JPY drops on weak NFP, GJ might struggle to rally aggressively.
2. NFP Beats Expectations (>135K)
- USD Strengthens: Strong labor data reduces the urgency for rate cuts, strengthening the dollar.
- GBP/USD Bearish: A strong NFP could reinforce downside pressure, continuing the recent GBP/USD drop.
- GBP/JPY Bullish: If the USD strengthens and risk appetite remains stable, GJ could rally as JPY remains weak.
The NFP will be a make-or-break moment for GBP pairs. Watch for deviations from the forecast,
> Weaker NFP = bullish GU, cautious GJ
> Stronger NFP = bearish GU, bullish GJ
DXY 
BXY 
JPXY - Expect high volatility during the release. Trade Safe!
GBPUSD and GBPJPYHere's what to expect based on the forecasted numbers,
- Forecast: 135K (Previous: 151K) → A weaker labor market expectation.
- Unemployment Rate Forecast: 4.1% (Previous: 4.1%) → No change expected, but any surprise deviation will be key.
1. NFP Comes in Lower than Expected (<135K)
- USD Weakens: A weak jobs report signals a slowing economy, increasing bets that the Fed might cut rates sooner.
- GBP/USD Bullish: Dollar weakness would push GBP/USD higher.
- GBP/JPY Mixed: If USD/JPY drops on weak NFP, GJ might struggle to rally aggressively.
2. NFP Beats Expectations (>135K)
- USD Strengthens: Strong labor data reduces the urgency for rate cuts, strengthening the dollar.
- GBP/USD Bearish: A strong NFP could reinforce downside pressure, continuing the recent GBP/USD drop.
- GBP/JPY Bullish: If the USD strengthens and risk appetite remains stable, GJ could rally as JPY remains weak.
The NFP will be a make-or-break moment for GBP pairs. Watch for deviations from the forecast,
> Weaker NFP = bullish GU, cautious GJ
> Stronger NFP = bearish GU, bullish GJ
DXY BXY JPXY - Expect high volatility during the release. Trade Safe!