GBPJPY Doing its signature caffeine-fueled dance again, huh?
Compression > Expansion
GJ tumbled to a seven-month low against the yen, hitting 185.48. This sharp decline was part of a broader move where investors fled to safe-haven currencies amid a global sell-off in U.S. assets. The catalyst? The U.S. implemented new tariffs affecting global economies, shaking up markets worldwide.
The introduction of U.S. tariffs sparked fears of a global economic slowdown. In such "risk-off" environments, investors typically seek refuge in safer assets like the Japanese yen. This shift led to a surge in yen strength, causing pairs like GBP/JPY to drop significantly.
That Consumer Confidence drop from 34.8 to 34.1 was a stealth bomb . It may not look like much on the surface, but in the current global macro environment, every hint of weakness in Japan adds fuel to GBPJPY’s upside volatility!
FOMC > real gasoline to the fire 🔥
> The Fed confirmed it would cut rates if inflation keeps cooling down. > Members noted that progress on inflation is continuing, albeit not fast enough for immediate action, but rate cuts are firmly on the table for 2025. > The US dollar dropped immediately after the release and pulled up.
JPYX in this pair , who claim buy continues with you you wan, but don’t post false information when sell is there … misleading ppl not our way to share
For the once wondering why we had a bullish move to the upside yesterday!
GJ is a beast! 🔥 It’s known as the "Dragon" for a reason, wild swings, massive liquidity grabs, and crazy volatility. Money flows in and out rapidly based on market conditions as JPY is a safe heaven for investors.
Upside move yesterday influenced by pre-announcement market positioning due to Trump’s tariff plans. Investors steeped in Buying due to risk factors and pulled out after announcement.
How to Trade Smart? Stick to clear structure & levels.
> Use a wider stop-loss (tight SLs will get hit fast). > Fakeouts happen often. > Don't let profits vanish in sudden reversals. Take partials when you see it positive.
GBPJPY guys don't let 2 phoney candles get you into sells !! remember react to the market. dont just enter trades because of deceiving movement!! I am still holding my trade with proper risk management lets boost this buy JPYXBXY