GBPJPY Distribution

Hello everyone, in this forex chart we can see a beautiful range with characters of possible distribution. Price broke short-term and long-term trendlines and volume raised on reactions and fall on rallies. in the daily chart, there is a bigger range, and gbpjpy current move exceeded above 3 highs which I think is UTAD(liquidity). Leveraged Funds also added to their short positions.
Fundamental AnalysisSupply and DemandTrend Lines

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