This thread is to address what exactly moves GBP/JPY. Specifically I am looking for short to medium term factors. Long term trends can easily be seen on a chart, whereas short to medium term trends can change quickly and are harder to trade.
What specific fundemental factors move it and why?
We know it is a carry trade/high risk pair. So sentiment moves it quite a bit, whether risk aversion to drive it down or vice versa.
What kind of news drives risk aversion or risk tolerance? What specific news events are most important?
What other markets or other currencies effect this pair and how/why?
I have been studying this pair quite a bit with technichal analysis but I and I'm sure many people could learn quite a bit more about fundemental analysis on this pair. Please share your ideas and experiences.
What specific fundemental factors move it and why?
We know it is a carry trade/high risk pair. So sentiment moves it quite a bit, whether risk aversion to drive it down or vice versa.
What kind of news drives risk aversion or risk tolerance? What specific news events are most important?
What other markets or other currencies effect this pair and how/why?
I have been studying this pair quite a bit with technichal analysis but I and I'm sure many people could learn quite a bit more about fundemental analysis on this pair. Please share your ideas and experiences.