GBPJPY CONSOLIDATION

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GBPJPY currently in a consolidation (sideways channel), best advice is to sit this one out and let it play out. Direction of breakout can’t be predicted and is based more on fundamentals than TA. Japan has 2 news event coming up later today so let’s watch but their last few news event didn’t affect the market much either so don’t go crazy with position based off the news. Good luck!

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