GBPJPY A bearish signal on the eve of NonFarm news
Updated
GBPJPY GBP/JPY collapses on a strong hint from Nikkei news that the BoJ will discuss a 0.5% cut to the 10-year JGB yield at its meeting on Friday. The article sent shockwaves around the Bank of Japan, whereby BOJ Governor Ueda recently announced that "there is still a gap to achieving the 2% inflation target in a sustainable way" and that unless their assumptions about the need to achieve the 2% target sustainably change the BoJ's target "the narrative on monetary policy will not change."
We could see a potential strong support zone in 177.70/90 years on an hourly structure in the previous bull cycle where volume started to dry up. Below that, we have a Control Point near 177.00 and then the swinging support at 176.50.
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NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
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