GBPJPY as my own projected TP 195.67 hit, almost 400 pips in the moneyBritish Pound / Japanese Yen forum
GBPJPY as my own projected TP 195.67 hit, almost 400 pips in the money
GBPJPY CRAZY PIPS! both TPs hit
GBPJPY What analysis says about its short reversal to 196.500 before closing today? Experts share your opinions
GBPJPY Idea: GBPJPY Fundamentally BearishGBP/JPY Outlook – Very Bearish Bias (-14)
Data has flagged GBP/JPY as one of the most bearish pairs on the board this week. Let’s break down why 👇
🧠 Macro-Fundamental Breakdown
🇬🇧 GBP (British Pound)
🔻 GDP Shrinking: UK growth has stalled with below-trend GDP prints 3 quarters in a row.
📉 PMI Weakness: Manufacturing and Services PMIs both under 50 = economic contraction
🧊 Retail Sales Down: UK consumer confidence and demand are cooling
💼 Labor Trouble: Unemployment ticking higher + BoE hinting at peaking rates
🪙 BoE Dovish Pivot?: Market now pricing possible cuts into early 2025.
🇯🇵 JPY (Japanese Yen)
🟢 Inflation is ticking higher
🔄 BoJ is cautiously shifting from ultra-loose policy
🛡️ Yen often strengthens in risk-off environments (which aligns with current market volatility)
🇯🇵 Tokyo CPI surprises have reinforced JPY support
GBPJPY although this is not a signal but I still congratulate for those whose use my analysis as reference, anyway I’m 350 pips in the money with 5 lots from 199.5x to 195.80GBPJPY if today can hold above 196.97 mean GJ Will retest 198.xx, if below 196.97 mean GJ will continue go down to 195.23 first if break 195.23 mean 193.57 will see
GBPJPY buyers holding out sellers
GBPJPY Long term downtrend started? what do you guys think?GBPJPY New York will pull it back definitely... it's the end limit following earth quake and tsunami crisis
GBPJPY sometimes market will leave without u it hurts i need a cuddle right now