Looking to short GBPJPY. off of the trendline 4th touch. Initial target of 1:3 We can see through the data institutions have been building up short positions on the Pound and going long on the Yen, with the COT data. cotperspective.com/chicagomercantileexchangebritishpoundcommercial.html
Technical Confluences: Key Level Trendline 4th Touch Looking for alignment at the zone in Yen Pairs Particularly EJ.