Dislikedfor me, its quite clear cut because of jpy's boj's thingy that spur the momentum and breakout we seen on gbp/jpy and eur/jpy or all yen pairs across board that, took out jpy which was leading earlier this week to the weakness as most pairs rally more than 500-700 pips. Since that, gbpusd and eurusd has receive some sort of relieve from that downtrend pressure and gain some bullish momentum, and gradually spike up with their yen cross peers, after some not so ideal us's data, and trend has been in that favor after the yen cross pairs. If we look...Ignored
Could be trailling stop triggered could be other reasons I will never know for sure. As when Draghi talked PA dropped to 1.27xx then spurred it up then people wondering what was going on. No doubt all this movement pretty much related to BOJ just impossible to know for sure.
Hope you took advantage of the Yen as this opportunity doesn't come everyday.