British Pound / Japanese Yen

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British Pound / Japanese Yen forum


Seems like news sell off has died down - Remember, we are still in an uptrend unless if we can break through 193 area. I expect 200+ by end of this month/early next month. Current buy trades are 197 SL 195 and 195.5 SL 194.5. Both TPs are 200.

The British pound crashed today amid political turmoil and growing uncertainty over UK fiscal leadership. Speculation surged after Chancellor Rachel Reeves appeared visibly emotional during Prime Minister’s Questions, and PM Keir Starmer did not explicitly back her following the government's U-turn on a controversial welfare bill. Though Downing Street denied any resignation, and the Treasury attributed Reeves' reaction to a personal matter, markets grew increasingly uneasy. The situation adds to concerns about fiscal credibility, especially given the recent budget retreat and limited fiscal headroom. Investors fear instability around Reeves’ position could derail the UK's economic plans, triggering a selloff across markets. Meanwhile, BoE policymaker Alan Taylor called for accelerated rate cuts, warning of a rising risk of a hard landing.

GBPJPY starmar shit the bed this morning way to many curry houses they'l probably come for me now

GBPJPY

As per plan :D
Execute robotically ! Rinse and repeat everyday

GBPJPY crushed :D

FRGNT #x
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GBPJPY and that was clean🔥🔥🔥🔥🔥🔥
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