Japanese Yen WCO forum
> Impact of NFP & Unemployment Rate on 
GBPUSD & 
GBPJPY
-The Non-Farm Payrolls (NFP) and Unemployment Rate data are key economic indicators from the U.S. that significantly impact the U.S. dollar (USD). Since GBP/USD and GBP/JPY involve the USD, this data will influence these pairs today.
> Market Expectations
- NFP Forecast: 170K (Previous: 256K) → If actual is higher than expected, USD strengthens; if lower, USD weakens.
- Unemployment Rate Forecast: 4.1% (Previous: 4.1%) → Higher unemployment weakens USD; lower strengthens it.
> Potential Scenarios & Impact on GBP/USD & GBP/JPY
- Strong NFP (Actual > 170K) & Lower Unemployment (< 4.1%)
- Impact: USD strengthens → GBP/USD drops (bearish),USDJPY rises, leading to mixed impact on GBP/JPY.
- GBP/USD Strategy: Look for sell opportunities near resistance (e.g., 1.2600-1.2630) targeting 1.2500 or lower.
- GBP/JPY Strategy: If JPY weakens, GBP/JPY may rise; otherwise, sideways movement. Buy if it breaks key resistance levels.
- Weak NFP (Actual < 170K) & Higher Unemployment (> 4.1%)
- Impact : USD weakens → GBP/USD rises, GBP/JPY bullish (as USD/JPY might also rise).
- GBP/USD Strategy: Look for buy entries around 1.2540-1.2560 with a target of 1.2650-1.2680.
- GBP/JPY Strategy: If USD weakens and risk sentiment is positive, GBP/JPY can rally above 189.50 towards 190+.
- Mixed Data (NFP Strong but Unemployment Rises, or Vice Versa)
- Impact: Choppy, unpredictable moves.
- Strategy : Wait for the first 15-30 minutes after release, watch price action, and trade confirmed breakouts rather than reacting immediately.
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> Key Trading Strategies for GBP/USD & GBP/JPY
> Pre-News Strategy (Before 15:30 UTC)
- Avoid opening major positions until after the release. Identify key support/resistance levels for potential breakouts.
> Post-News Strategy (15:30 UTC & After)
- Trade the breakout: If GBP/USD breaks 1.2580 upward, buy with a target of 1.2650-1.2680. If GBP/USD drops below 1.2520, short targeting 1.2450-1.2470. For GBP/JPY, watch 188.80 support & 189.50 resistance for potential buy/sell setups.
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> Volatility Consideration
- NFP causes spikes → Use wider stops (e.g., 30-50 pips) & avoid tight SL to prevent whipsaws.
- Ideal Entry Method: Wait for the initial move, then enter on a retracement using Fibonacci levels or Trend Analysis
> GBP/USD likely volatile: Strong NFP = bearish; weak NFP = bullish.
> GBP/JPY depends on risk sentiment & USDJPY reaction.
> Trade breakouts with confirmation & avoid emotional trading right at release time.
DXY 
JXY All the very best for your profits and lessons!
GBPUSD & GBPJPY-The Non-Farm Payrolls (NFP) and Unemployment Rate data are key economic indicators from the U.S. that significantly impact the U.S. dollar (USD). Since GBP/USD and GBP/JPY involve the USD, this data will influence these pairs today.
> Market Expectations
- NFP Forecast: 170K (Previous: 256K) → If actual is higher than expected, USD strengthens; if lower, USD weakens.
- Unemployment Rate Forecast: 4.1% (Previous: 4.1%) → Higher unemployment weakens USD; lower strengthens it.
> Potential Scenarios & Impact on GBP/USD & GBP/JPY
- Strong NFP (Actual > 170K) & Lower Unemployment (< 4.1%)
- Impact: USD strengthens → GBP/USD drops (bearish),
USDJPY rises, leading to mixed impact on GBP/JPY.- GBP/USD Strategy: Look for sell opportunities near resistance (e.g., 1.2600-1.2630) targeting 1.2500 or lower.
- GBP/JPY Strategy: If JPY weakens, GBP/JPY may rise; otherwise, sideways movement. Buy if it breaks key resistance levels.
- Weak NFP (Actual < 170K) & Higher Unemployment (> 4.1%)
- Impact : USD weakens → GBP/USD rises, GBP/JPY bullish (as USD/JPY might also rise).
- GBP/USD Strategy: Look for buy entries around 1.2540-1.2560 with a target of 1.2650-1.2680.
- GBP/JPY Strategy: If USD weakens and risk sentiment is positive, GBP/JPY can rally above 189.50 towards 190+.
- Mixed Data (NFP Strong but Unemployment Rises, or Vice Versa)
- Impact: Choppy, unpredictable moves.
- Strategy : Wait for the first 15-30 minutes after release, watch price action, and trade confirmed breakouts rather than reacting immediately.
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> Key Trading Strategies for GBP/USD & GBP/JPY
> Pre-News Strategy (Before 15:30 UTC)
- Avoid opening major positions until after the release. Identify key support/resistance levels for potential breakouts.
> Post-News Strategy (15:30 UTC & After)
- Trade the breakout: If GBP/USD breaks 1.2580 upward, buy with a target of 1.2650-1.2680. If GBP/USD drops below 1.2520, short targeting 1.2450-1.2470. For GBP/JPY, watch 188.80 support & 189.50 resistance for potential buy/sell setups.
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> Volatility Consideration
- NFP causes spikes → Use wider stops (e.g., 30-50 pips) & avoid tight SL to prevent whipsaws.
- Ideal Entry Method: Wait for the initial move, then enter on a retracement using Fibonacci levels or Trend Analysis
> GBP/USD likely volatile: Strong NFP = bearish; weak NFP = bullish.
> GBP/JPY depends on risk sentiment & USDJPY reaction.
> Trade breakouts with confirmation & avoid emotional trading right at release time.
DXY JXY All the very best for your profits and lessons!
JXY 65.1 strong signal
JXY The Most powerful out of all. JPY can grab any country by them balls
JXY the most useless currencyJXY YEN trend in coming weeks.
JXY My long term view is I wont be Bearish. I am feeling that JPY will start go up now.JXY it can go down upto 65.90 , but after that it will rebounce to 67.50. what do you thinkJXY Wait for going Long...JXY to go upwards in October...Longterm level is 71.50