This pair is moving nicely up for the last 2 days.

gbpjpy-d

I draw major event areas and levels on that 4h chart and two possible scenario, which could come into play. First (1) if price will move up I marked two green eclipses, where we could look for entries. First at 187.20 level and second once we possibly broke 61.8% Fibonacci level and horizontal resistance level at 189.52. Second (2) short option I possibly see, from 61.8% Fibonacci level and horizontal resistance level at 189.52 .
We have FOMC meeting ahead of us later today, so it is better to be more conservative till then, close trades which are not in profit or at break even, since we could see some wipeouts in both directions.

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