MD13Financial

GBPJPY : Movement ??

Short
FX:GBPJPY   British Pound / Japanese Yen
I have identified a setup based on previous structure lows on the 4H that look to be retested. If price moves into the strike zone pre 430a eastern Gbp news release, I will sit on my hands and let news move out the way. Otherwise I'll look to go short to 130.70 and reassessing after GJ makes its move.
If I don't get what I am looking for on LTF (lower timeframe), I'll sit on my hands awhile longer.

*This is a continuation from the previous GJ note/idea.
Comment:
Entered short at 132.35 and 132.51 during NY session...Targets 130.70
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