Dear Fellow traders,

Last night when I wrote the blog, at my friend's house (celebrating Chinese Lunar New Year) using his computer and opening the offline chart of GDP/JPY to locate the support and resistance line. My trading plan was to short the GBP/YEN when the Asian market open this morning. Somehow, I was pretty sure that I open up the GBP/JPY chart last night to study the chart.

I was shocked just now when I saw the price level of GBP/JPY is so different than what I wrote last night. I am still trying to figure out from where I got the 130 price level for this pair last night when I wrote the blog.

Anyway, I did shorted GBP/JPY below the support level and also GBP/USD this morning and got triggered this afternoon as what I already planned last night. Here, I want to apologise to fellow trader on the wrong price information level as indicated on my blog yesterday. Its a very careless mistake.

On whether the pair will break another support level at 166.10 when the US market open, let wait for the US news report later tonight.

Happy trading!
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