GBPJPY --- Setting up for a great shorting position

20 Mar 2018

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.

21 Mar 2018

Not

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.