Hi,
I have been observing this pair for a while and it has constantly fascinated me. During the month of September, I have seen some fantastic moves resulting from news such as the U.S. interest rate, CPI and the GBP Retail Sales. On the other hand, other news such as U.S. Trade Balance to even the Existing Home Sales did not produce any large favorable movements.
Do any of you guys know what news consistently create large movements for the GBP/JPY?
I have been observing this pair for a while and it has constantly fascinated me. During the month of September, I have seen some fantastic moves resulting from news such as the U.S. interest rate, CPI and the GBP Retail Sales. On the other hand, other news such as U.S. Trade Balance to even the Existing Home Sales did not produce any large favorable movements.
Do any of you guys know what news consistently create large movements for the GBP/JPY?