Price squeezes happened earlier, and also made their breaks earlier than usual today. Very important news is out today for the GBP, and Later the USD so check your calendars. GBP news is out in 15 minutes.
Now I'm watching for a break of 160.40 on the GBPJPY, with a close eye on the PA once it reaches the 23.6 Fib area around 160.15. A break below that could make for a nice move down. Looking at a possible buy if it breaks above 160.95, but would keep stops very tight if either a buy or sell is taken.
Also, I like range breaks on the Cable, above 1.6950, and especially below 1.6900.
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