Looking at the GBPJPY, it has traded a range of 157 and 155.50 (Psyche levels). A squeeze has formed, not as strong as I'd like see, but it is a clear tightening of the range. I'm going to try and post this quickly, as the moves have happened about this hour, this week, when it normally happens an hour or two later. Once a clear break of the blue consolidation lines has occurred, watch for S/R at 157 and 155.50.
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