GBP/JPY Short TRADE 450 pips

Our fundamental bias is bearish for the pair in the short-term. 2hrs ago we got an announcement that Japanese Finance Minister Suzuki and US Treasury Secretary Yellen likely discussed coordinating the currency intervention during bilateral talks. We expect that announcement to strengthen the JPY in the coming sessions. We expect the GBP/JPY pair to complete C wave of the running flat correction before continuing higher then drop
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