Effect of Bank of Japan’s intervention of the Yen in the Charts

Bank of Japan (BOJ) intervened in the currency markets today and caused a big spike up from 82.88 to 85.78. That is nearly a 300 pips to the upside! Did you manage to catch any of that? Well, for me, I took some from a long GBP/JPY trade I took today. A 50 pips gain