in this consolidation pattern as you can see it's kind of the traders are distributing the GBPJPY slowly and buying the Yen.
I expect the Pound to keep going down against the JPY at least to test the trendline support near 157.000, right now in the 15 minutes time frame the market is forming a flag pattern that usually breaks to the downside.
Today you know we have the interest Rate news coming from the bank of England so it will be risky to be in a trade before the news, Trade safely
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