British Pound / Japanese Yen
Short
Updated

GBPJPY --- Setting up for a great shorting position

193
Setting up for the short position just above the 150 handle for a nice ride down towards 144. Based on previous Support, Resistance, Supply and Demand areas.
Note
As we near the 150 handle, would expect that the increased volatility during the FED news today would spike up, and setup for the short trade...if it doesn't already drift up there beforehand. Also keeping an eye on the BoE news due out tomorrow morning.

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