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GBPJPY institutional manipulation phase

I’ve capitalized on the nice swings in price action this week—could there be one more opportunity? I’m closely watching for a break in structure to the downside, as my overall weekly bias remains short. This move could result in a strong push lower or a smaller breakout to the upside before resolving. We’re currently in a major zone, and breaking this trend could signal a test of the lows with potential continuation. My weekly bias is informed by analyzing the COT report to track large speculators and leveraging tools to gauge retail sentiment.
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Fed Chair Powell Speaks in 39 minutes
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Active trade but not fully scaled in yet. Volume is low due to a major news catalyst in a few minutes.

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