GBP/JPY - IS TRAPPING SELLERS - BEWARE !! BOE !!

Hi Guys

Ive seen this set up too many times for me not to ignore it - GBPJPY could be trapping sellers

what do i mean by trapping sellers?

= by dragging the price lower and lower to trigger break out traders on the daily time frame

we have some high impact news at 12pm -

im certain the news will give one more push down to trigger more break out traders and then the impulse move up !!

beware !

Trade active:

Price is at low of the day and low of the week ! sellers are in the market, just in time for BoE! 12pm UK

Trade active:

price is lower than expected before BoE Price = 181.250 might be the next level to buy !