British Pound / Japanese Yen

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GBPJPY GJ still in long position, I have buy where 191.90, if go lower will buy more

GBPUSD GBPJPY DXY

NFP Data Just Dropped :

Actual: 177K 👀 better than forecast 130K, but still lower than previous 185K)

Unemployment: 4.2% (flat—no surprise)

Market Reaction at first glance:
GU spiked down initially , that’s algo traders reacting to the headline beat on NFP.

But it's not a strong beat, just a “not terrible” one. Still slower job growth vs. last month.

This is "meh-strong" data Not weak enough to crash USD (We still holding Shorts on GU and longs in GJ)

> If GU reclaims above 1.3325–1.3340, expect a short squeeze toward 1.3370+

> If it holds below 1.3280, continuation lower to 1.3250 and 1.3180 is in play

GBPUSD GBPJPY DXY

> Non-Farm Payrolls (NFP):

Forecast: 130K
Previous: 228K > 185 Public Revised

Expecting a big slowdown in job creation

> Unemployment Rate:

Forecast: 4.2%
Previous: 4.2%

No change expected, but if it ticks up = bearish for USD

Stay in Cash! Until a clear direction!


1. Weak NFP (< 100K or job loss) + Unemployment rises
DXY drops hard
USD gets smoked
GBPUSD spikes → could aim for 1.3400+

2. Mild Miss (NFP ~110–130K) + Unemployment steady
Mixed reaction
GU might spike initially, then chop as traders digest
Could trap both sides before trending

3. Strong Surprise (NFP > 170K) + Unemployment drops
USD pumps
GU dumps hard — 1.3280 or even 1.3250 gets challenged

Narrative is that Jobs market is solid, Fed may still stay hawkish = Dollar strong

GBPJPY SELL 192.200
TP 1 - 191.800 TP 2 - 191.400 TP 3 - Open
SL - 193.700 (Adjust for TP hits)
Enjoy daily profitable trading with me 🙌🏻📈🇦🇺

GBPJPY
💹 GBPJPY Daily Analysis based on Main Key Levels - May 2, 2025

DCMP (Daily Current Market Price): 193.324

Recent Swing High: 193.060 | Recent Swing Low: 188.800

🎯 Critical Price Zones

Resistance Above DCMP:

🔥 194.407 (Fibonacci 61.8% extension) | 🔥 195.409 (Order block cluster)

Support Below DCMP:

🛡️ 192.782 (4H chart liquidity pool) | 🛡️ 191.098 (2025 accumulation zone)

⚡ Technical Drivers

• Fibonacci Framework: Price consolidates at 50% retracement (190.15) of 193.06-188.80 swing
• RSI Behavior: Neutral at 54.7 with bearish divergence forming
• MACD Configuration: Bearish crossover imminent on 4H chart
• Volume Profile: Weakness below 193.00 with institutional selling

💼 Trade Setup 1: Intraday Buy

🎯 Entry: ⬇️ 192.782 (Confluence of weekly support & 78.6% Fib)
⛔ Stop Loss: 🔴 194.217 (Above swing high structure)
✅ Take Profit 1: 🟢 193.481 (Fair value gap)
✅ Take Profit 2: 🟢 194.407 (Liquidation trigger zone)

💼 Trade Setup 2: Intraday Sell

🎯 Entry: ⬆️ 194.407 (38.2% Fibonacci resistance cluster)
⛔ Stop Loss: 🔴 195.409 (Beyond YTD high)
✅ Take Profit 1: 🟢 193.060 (Swing high flip level)
✅ Take Profit 2: 🟢 191.098 (Algorithmic support base)

⚠️ Risk Management Protocol

• Maintain 1:3 risk-reward ratio for asymmetric trades
• Monitor BoJ intervention rhetoric at 11:00 JST
• Watch 192.50-193.50 range for option-driven volatility

GBPJPY NFP is around the corner. If you have open positions, secure them. Price is mostly to continue going down btw.