Comment GBPJPY:
Here is what I see on M15.
The Asian session MMs took the price down and traded heavily. The London session MMs took the price much lower - well below the whole number - and traded very heavily. The US MMs also whacked the price below the whole number repeatedly, and now that they are without competition for liquidity for accumulating longs below the whole number, they are again whacking the price down there.
This looks bullish. The MMs might be planning on a bull move tomorrow. If so, then GBPUSD might move higher tomorrow also.
Here is what I see on M15.
The Asian session MMs took the price down and traded heavily. The London session MMs took the price much lower - well below the whole number - and traded very heavily. The US MMs also whacked the price below the whole number repeatedly, and now that they are without competition for liquidity for accumulating longs below the whole number, they are again whacking the price down there.
This looks bullish. The MMs might be planning on a bull move tomorrow. If so, then GBPUSD might move higher tomorrow also.