OANDA:GBPJPY   British Pound / Japanese Yen
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!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.